Pricing Log in Create free account

Dorian LPG Ltd. (LPG) vs NGL Energy Partners LP (NGL)

Dorian LPG Ltd. and NGL Energy Partners LP are both Oil & Gas Midstream companies. Dorian LPG Ltd. is the larger, with a market value of $2.3B against $1.9B — 1.2× the size. NGL Energy Partners LP has negative trailing earnings, so its P/E is not meaningful; Dorian LPG Ltd. trades at 7.1×. Dorian LPG Ltd. grew revenue faster over the last twelve months: 81.1% against 5.76%. Dorian LPG Ltd. has the higher net margin (55.0% vs −9.96%) and the higher return on invested capital (15.0% vs 2.94%). Across the 20 metrics below, Dorian LPG Ltd. leads on 16 and NGL Energy Partners LP on 4.

Valuation

Metric LPG NGL Oil & Gas Midstream median
P/E 7.07 n/m 12.77
P/S 3.89 0.54 2.36
P/B 1.84 n/m 2.09
Price to free cash flow 9.92 18.62 9.71
EV/EBITDA 5.96 12.66 8.30
EV/Sales 4.17 1.47 3.88
Earnings yield 14.14% (18.68%) 7.15%
Free cash flow yield 10.08% 5.37% 6.86%

Profitability

Metric LPG NGL Oil & Gas Midstream median
Gross margin 85.68% 29.52% 56.58%
Operating margin 57.63% 4.05% 34.18%
Net margin 55.00% (9.96%) 22.50%
Free cash flow margin 39.23% 2.89% 13.70%
Return on equity 28.34% 88.77% 14.65%
Return on assets 17.63% (8.39%) 5.00%
Return on invested capital 15.04% 2.94% 6.13%

Growth

Metric LPG NGL Oil & Gas Midstream median
Revenue growth (TTM) 81.06% 5.76% 15.60%
EPS growth (last fiscal year) 112.15% (431.67%) (7.86%)
Revenue growth, 5-year CAGR 8.79% (9.60%) 9.59%
Net income growth, 5-year CAGR 15.91% 0.00% 0.00%

Health

Metric LPG NGL Oil & Gas Midstream median
Debt to equity 0.41 (13.85) 0.78
Current ratio 3.26 1.14 1.19
Net debt to EBITDA 0.82 8.88 3.42

Dividend

Metric LPG NGL Oil & Gas Midstream median
Dividend yield 2.52% — 4.54%
Payout ratio 0.18 — 0.76

Size

Metric LPG NGL Oil & Gas Midstream median
Market cap 2.30b 1.85b 3.73b

Compare with another peer

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