Dorian LPG Ltd. (LPG) is a publicly traded company in the Energy — Oil & Gas Midstream industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Dorian LPG Ltd., alongside its affiliates, operates worldwide in the shipping industry, specializing in the transportation of liquefied petroleum gas (LPG) with its fleet of dedicated vessels. The company's core business involves the ownership and management of Very Large Gas Carriers (VLGCs). As of May 27, 2022, its operational fleet consisted of twenty-two VLGCs. Established in 2013, Dorian LPG maintains its corporate headquarters in Stamford, Connecticut.
Is Dorian LPG Ltd. stock overvalued or undervalued in 2026?
Dorian LPG Ltd. (LPG) trades at 7.2× earnings (P/E), below the median of the 142 energy companies over $2bn in Kaplio's universe. At its sector median (15.5×) $117 (+115 %).
Kaplio overview: Dorian LPG Ltd.
Market cap $2B · 52 weeks $24 – $58 (7 % below the high) · P/E 7.2× · 2027 est. P/E 6.0× · Dividend 6.2 % · Next earnings November 5, 2026 · expected EPS $2.87 · Closing price, Oct 30 · accounts published Aug 5.
- Valuation: TTM P/E 7.2× (cheap).
- Business: 5-year ROIC 10.6 % (passes, near the threshold).
- Balance sheet: Net debt/EBITDA 1.3× (solid).
- Earnings: 2 of 8 (disappointing).
What would it be worth at its usual multiples?
At its sector median (15.5×) $117 (+115 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in energy: 7 of 8 pass
- Dividend coverage (FCF / div) 1.1×, borderline.
- FCF yield 9.1 %, passes.
- 5y avg ROIC 10.6 %, passes, near the threshold.
- Positive FCF through the cycle 10 of 10 fiscal years, passes.
- Net debt / EBITDA 1.3×, passes.
- Capex / Revenue 19.5 %, passes.
- P/E read in reverse (cyclicals) 7.2×, passes.
- EV/EBITDA vs own 10y 6.2×, passes.
Against its peers (reference peers) — Dorian LPG Ltd.: P/E 7.2×; EV/EBITDA 6.2×; ROIC 17.8 %; $2.3B. National Energy Services Reunited Corp. (P/E 23.3×; EV/EBITDA 8.0×; ROIC 8.5 %; $2.1B), Vermilion Energy Inc. (P/E —; EV/EBITDA 4.0×; ROIC 8.4 %; $2.1B), NGL Energy Partners LP (P/E —; EV/EBITDA 7.8×; ROIC 12.0 %; $2.0B).
Dividend
cut 3 years in a row · Yield 6.2 % ($2.46 per share in 2026) · paying since 2022 · Free cash flow coverage 1.5× · With $1,000 invested today you'd collect $61.50 a year ($5.12 a month).
Profitability
| Return on Equity | 28.44% |
| Return on Invested Capital | 17.82% |
| Return on Assets | 16.92% |
| Gross Margin | 63.35% |
| Operating Margin | 57.73% |
| Net Margin | 55.33% |
Financial Health
| Debt / Equity | 0.52 |
| Current Ratio | 3.26 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 2.30 |
Price Performance
| 1 month | -4.86% |
| 3 months | +25.07% |
| Year-to-date | +123.62% |
| 1 year | +88.67% |
| 3 years | +42.97% |
| 5 years | +300.52% |
| 10 years | +835.22% |
Dividend History
Paid in the last 12 months: $3.35 per share in 4 payments.
| Date | Amount |
|---|---|
| July 27, 2026 | $1.00 |
| May 18, 2026 | $1.00 |
| February 9, 2026 | $0.70 |
| November 17, 2025 | $0.65 |
| August 12, 2025 | $0.60 |
| May 16, 2025 | $0.50 |
| February 5, 2025 | $0.70 |
| November 5, 2024 | $1.00 |
| August 8, 2024 | $1.00 |
| May 7, 2024 | $1.00 |
Amounts adjusted for stock splits.
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Explore sector: Energy · Oil & Gas Midstream
More sections of LPG: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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