BW LPG Limited (BWLP) vs TORM PLC (TRMD)

BW LPG Limited and TORM PLC are both Oil & Gas Midstream companies. BW LPG Limited and TORM PLC are of similar size ($3.7B and $3.5B). TORM PLC trades at the lower P/E: 5.5× against 8.2×. TORM PLC grew revenue faster over the last twelve months: 33.2% against −0.78%. TORM PLC has the higher net margin (35.5% vs 12.6%) and the lower return on invested capital (13.2% vs 13.9%). Across the 20 metrics below, TORM PLC leads on 12 and BW LPG Limited on 8.

Valuation

Metric BWLP TRMD Oil & Gas Midstream median
P/E 8.21 5.54 13.19
P/S 1.04 1.99 2.60
P/B 1.79 1.38 2.08
Price to free cash flow 5.33 12.75 10.14
EV/EBITDA 5.09 4.60 8.11
EV/Sales 1.19 2.40 3.89
Earnings yield 12.18% 18.04% 6.83%
Free cash flow yield 18.76% 7.84% 6.94%

Profitability

Metric BWLP TRMD Oil & Gas Midstream median
Gross margin 25.94% 85.12% 58.81%
Operating margin 16.17% 39.07% 32.14%
Net margin 12.64% 35.48% 21.16%
Free cash flow margin 19.52% 15.63% 10.15%
Return on equity 22.47% 26.82% 11.30%
Return on assets 13.16% 17.30% 5.00%
Return on invested capital 13.88% 13.19% 6.13%

Growth

Metric BWLP TRMD Oil & Gas Midstream median
Revenue growth (TTM) (0.78%) 33.16% 15.44%
EPS growth (last fiscal year) (39.39%) (55.19%) —
Revenue growth, 5-year CAGR — 12.38% 8.96%
Net income growth, 5-year CAGR — 26.49% 0.00%

Health

Metric BWLP TRMD Oil & Gas Midstream median
Debt to equity 0.42 0.42 0.78
Current ratio 1.44 2.27 1.19
Net debt to EBITDA 1.07 1.52 3.42

Dividend

Metric BWLP TRMD Oil & Gas Midstream median
Dividend yield — 17.65% 7.29%
Payout ratio — 0.65 0.64

Size

Metric BWLP TRMD Oil & Gas Midstream median
Market cap 3.67b 3.54b 3.61b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack