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 ($3.5B and $3.3B). TORM PLC trades at the lower P/E: 5.6× against 7.4×. 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%). Both pay a dividend; TORM PLC yields more (12.8% vs 11.8%). Across the 21 metrics below, TORM PLC leads on 13 and BW LPG Limited on 8.

Valuation

Metric BWLP TRMD Oil & Gas Midstream median
P/E 7.38 5.59 11.68
P/S 0.94 2.01 2.39
P/B 1.61 1.39 1.68
Price to free cash flow 4.79 12.86 8.52
EV/EBITDA 4.64 4.63 9.03
EV/Sales 1.08 2.41 3.43
Earnings yield 13.55% 17.89% 7.78%
Free cash flow yield 20.87% 7.78% 7.11%

Profitability

Metric BWLP TRMD Oil & Gas Midstream median
Gross margin 25.94% 85.12% 54.87%
Operating margin 16.17% 39.07% 34.73%
Net margin 12.64% 35.48% 20.12%
Free cash flow margin 19.52% 15.63% 14.43%
Return on equity 22.47% 26.82% 11.73%
Return on assets 13.16% 17.30% 4.43%
Return on invested capital 13.88% 13.19% 6.10%

Growth

Metric BWLP TRMD Oil & Gas Midstream median
Revenue growth (TTM) (0.78%) 33.16% 14.88%
EPS growth (last fiscal year) (39.39%) (55.19%) (7.78%)
Revenue growth, 5-year CAGR — 12.38% 10.05%
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 0.77
Current ratio 1.44 2.27 1.19
Net debt to EBITDA 1.07 1.52 3.46

Dividend

Metric BWLP TRMD Oil & Gas Midstream median
Dividend yield 11.80% 12.77% 4.94%
Payout ratio 0.87 0.73 0.73

Size

Metric BWLP TRMD Oil & Gas Midstream median
Market cap 3.28b 3.52b 3.56b

Compare with another peer

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