BW LPG operates a fleet of very large gas carriers and liquefied petroleum gas tankers, chartering vessels to oil majors, traders and national oil companies on time charter and spot terms. The company's edge is its scale in the VLGC segment and a fleet that earns a 25.2% gross margin and 25.5% return on equity despite revenue falling 3.1%, which points to a business where freight rates, not volume, drive the earnings swing. The near-term driver is the trade-cycle reset: a trailing P/E of 8.8 against a forward P/E of 14.5 means the market is already pricing in lower earnings ahead, so the question is whether charter rates hold up better than that expectation. At a 3.7 billion dollar market cap with a 13.8% operating margin, the stock is worth a deeper look mainly to test how much of current cash generation is cyclical peak and how much is durable.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
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Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 21 Oct 2026, 12:04 CEST | Rating | Undervalued | first publication | $24.87 |
| 21 Oct 2026, 12:04 CEST | Fair value | $28.83 | $43.23 | $24.87 |
| 16 Oct 2026, 00:00 CEST | Fair value | $43.23 | $45.83 | $24.89 |
| 11 Oct 2026, 00:00 CEST | ACCE price target | $25.00 | first publication | $26.00 |
| 11 Oct 2026, 00:00 CEST | Fair value | $45.83 | $26.22 | $26.00 |
| 7 Oct 2026, 00:00 CEST | Fair value | $26.22 | $25.89 | $25.94 |
| 4 Oct 2026, 00:00 CEST | Fair value | $25.89 | $25.43 | $25.64 |
| 27 Sept 2026, 00:00 CEST | Fair value | $25.43 | $24.98 | $24.23 |
| 25 Sept 2026, 00:00 CEST | Fair value | $24.98 | $26.05 | $24.30 |
| 22 Sept 2026, 00:00 CEST | Fair value | $26.05 | $26.88 | $25.66 |
Answered from BW LPG Limited Common Shares fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| BWLP BW LPG Limited Common Shares | $25.57 | $29 | 11% below | 8.7x | 25.5% | 77 | 77 |
| BWLPG.OL BW LPG Limited | kr 229.80 | kr 636 | 64% below | 8.1x | 25.5% | 77 | 76 |
| DHT DHT Holdings Inc. | $24.12 | $11 | 111% above | 8.4x | 39.2% | 96 | 92 |
| GEI.TO Gibson Energy Inc. | C$33.01 | C$14 | 132% above | 32.4x | 17.9% | 26 | 64 |
| TRMD TORM plc Class A Common Stock | $38.53 | $43 | 10% below | 6.6x | 26.8% | 92 | 93 |
| EE Excelerate Energy Inc. Class A Common Stock | $31.52 | - | - | 22.3x | 8.8% | 50 | 65 |
| STNG Scorpio Tankers Inc. Common Shares | $82.44 | $103 | 20% below | 5.3x | 24.6% | 95 | 89 |
Where BWLP ranks against its sector peers on each metric.