WallStSmart

BW LPG Limited (BWLP)vsGolden Ocean Group Ltd (GOGL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

BW LPG Limited generates 315% more annual revenue ($3.58B vs $863.61M). GOGL leads profitability with a 13.2% profit margin vs 6.8%. BWLP trades at a lower P/E of 10.6x. BWLP earns a higher WallStSmart Score of 59/100 (C).

BWLP

Buy

59

out of 100

Grade: C

Growth: 7.3Profit: 6.5Value: 8.3Quality: 6.0
Piotroski: 1/9Altman Z: 2.52

GOGL

Hold

42

out of 100

Grade: D

Growth: 2.0Profit: 4.5Value: 4.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BWLPUndervalued (+77.5%)

Margin of Safety

+77.5%

Fair Value

$74.88

Current Price

$16.99

$57.89 discount

UndervaluedFair: $74.88Overvalued
GOGLSignificantly Overvalued (-105.7%)

Margin of Safety

-105.7%

Fair Value

$3.88

Current Price

$7.98

$4.10 premium

UndervaluedFair: $3.88Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BWLP3 strengths · Avg: 10.0/10
P/E RatioValuation
10.6x10/10

Attractively priced relative to earnings

Price/BookValuation
1.4x10/10

Reasonable price relative to book value

EPS GrowthGrowth
212.0%10/10

Earnings expanding 212.0% YoY

GOGL2 strengths · Avg: 9.0/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

P/E RatioValuation
14.0x8/10

Attractively priced relative to earnings

Areas to Watch

BWLP3 concerns · Avg: 2.7/10
Profit MarginProfitability
6.8%3/10

6.8% margin — thin

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

Revenue GrowthGrowth
-13.2%2/10

Revenue declined 13.2%

GOGL4 concerns · Avg: 2.5/10
Market CapQuality
$1.59B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
6.1%3/10

ROE of 6.1% — below average capital efficiency

PEG RatioValuation
131.352/10

Expensive relative to growth rate

Revenue GrowthGrowth
-42.5%2/10

Revenue declined 42.5%

Comparative Analysis Report

WallStSmart Research

Bull Case : BWLP

The strongest argument for BWLP centers on P/E Ratio, Price/Book, EPS Growth.

Bull Case : GOGL

The strongest argument for GOGL centers on Price/Book, P/E Ratio.

Bear Case : BWLP

The primary concerns for BWLP are Profit Margin, Piotroski F-Score, Revenue Growth.

Bear Case : GOGL

The primary concerns for GOGL are Market Cap, Return on Equity, PEG Ratio.

Key Dynamics to Monitor

BWLP profiles as a value stock while GOGL is a declining play — different risk/reward profiles.

GOGL carries more volatility with a beta of 1.13 — expect wider price swings.

BWLP is growing revenue faster at -13.2% — sustainability is the question.

BWLP generates stronger free cash flow (166M), providing more financial flexibility.

Bottom Line

BWLP scores higher overall (59/100 vs 42/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

BW LPG Limited

INDUSTRIALS · MARINE SHIPPING · USA

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities globally. The company is headquartered in Singapore.

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Golden Ocean Group Ltd

INDUSTRIALS · MARINE SHIPPING · USA

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax and Ultramax vessels globally. The company is headquartered in Hamilton, Bermuda.

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