HOEGF vs. BWLP

Last updated Apr 1, 2026

Compare and contrast key facts about Höegh Autoliners ASA (HOEGF) and BW LPG Limited (BWLP).

Performance

HOEGF vs. BWLP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Höegh Autoliners ASA (HOEGF) and BW LPG Limited (BWLP). The values are adjusted to include any dividend payments, if applicable.

HOEGF vs. BWLP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HOEGF Höegh Autoliners ASA	47.15%	21.46%	63.48%	152.27%	99.45%	-3.23%
BWLP BW LPG Limited	37.67%	29.04%	0.32%	770.27%	272.29%	12.24%

Fundamentals

Market Cap HOEGF : $2.70B BWLP : $2.64B
EPS HOEGF : $2.70 BWLP : $1.60
PE Ratio HOEGF : 5.26 BWLP : 10.88
PEG Ratio HOEGF : 0.13 BWLP : 0.56
PS Ratio HOEGF : 1.90 BWLP : 0.73
PB Ratio HOEGF : 2.12 BWLP : 1.44
Total Revenue (TTM) HOEGF : $1.43B BWLP : $3.63B
Gross Profit (TTM) HOEGF : $515.94M BWLP : $578.22M
EBITDA (TTM) HOEGF : $691.26M BWLP : $586.52M

Returns By Period

In the year-to-date period, HOEGF achieves a 47.15% return, which is significantly higher than BWLP's 37.67% return.

HOEGF

• 1D: 3.80%
• 1M: 2.16%
• YTD: 47.15%
• 6M: 30.97%
• 1Y: 110.51%
• 3Y*: 76.00%
• 5Y*: —
• 10Y*: —

BWLP

• 1D: 5.15%
• 1M: -1.07%
• YTD: 37.67%
• 6M: 30.50%
• 1Y: 78.45%
• 3Y*: 71.13%
• 5Y*: 118.52%
• 10Y*: 69.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HOEGF vs. BWLP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HOEGF

HOEGF Risk / Return Rank: 90
HOEGF Sharpe Ratio Rank: 93
HOEGF Sortino Ratio Rank: 90
HOEGF Omega Ratio Rank: 92
HOEGF Calmar Ratio Rank: 88
HOEGF Martin Ratio Rank: 86

BWLP

BWLP Risk / Return Rank: 84
BWLP Sharpe Ratio Rank: 88
BWLP Sortino Ratio Rank: 82
BWLP Omega Ratio Rank: 83
BWLP Calmar Ratio Rank: 84
BWLP Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HOEGF vs. BWLP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Höegh Autoliners ASA (HOEGF) and BW LPG Limited (BWLP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HOEGF	BWLP	Difference
Sharpe ratio Return per unit of total volatility	2.37	1.78	+0.59
Sortino ratio Return per unit of downside risk	2.89	2.23	+0.66
Omega ratio Gain probability vs. loss probability	1.42	1.31	+0.12
Calmar ratio Return relative to maximum drawdown	3.61	2.81	+0.80
Martin ratio Return relative to average drawdown	8.41	5.85	+2.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HOEGF vs. BWLP - Sharpe Ratio Comparison

The current HOEGF Sharpe Ratio is 2.37, which is higher than the BWLP Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of HOEGF and BWLP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HOEGF	BWLP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	1.78	+0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.11	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.69	0.60	+1.09

Correlation

The correlation between HOEGF and BWLP is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HOEGF vs. BWLP - Dividend Comparison

HOEGF's dividend yield for the trailing twelve months is around 5.83%, less than BWLP's 8.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOEGF Höegh Autoliners ASA	5.83%	18.43%	44.08%	13.80%	2.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BWLP BW LPG Limited	8.46%	10.08%	33.42%	70.60%	81.52%	24.41%	18.45%	7.70%	0.00%	0.00%	61.62%	31.19%

Drawdowns

HOEGF vs. BWLP - Drawdown Comparison

The maximum HOEGF drawdown since its inception was -41.98%, smaller than the maximum BWLP drawdown of -68.80%. Use the drawdown chart below to compare losses from any high point for HOEGF and BWLP.

Drawdown Indicators

	HOEGF	BWLP	Difference
Max Drawdown Largest peak-to-trough decline	-41.98%	-68.80%	+26.82%
Max Drawdown (1Y) Largest decline over 1 year	-30.63%	-26.04%	-4.59%
Max Drawdown (5Y) Largest decline over 5 years	—	-54.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-68.80%	—
Current Drawdown Current decline from peak	-0.94%	-3.71%	+2.77%
Average Drawdown Average peak-to-trough decline	-8.27%	-20.99%	+12.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.14%	12.48%	+0.66%

Volatility

HOEGF vs. BWLP - Volatility Comparison

The current volatility for Höegh Autoliners ASA (HOEGF) is 17.94%, while BW LPG Limited (BWLP) has a volatility of 19.44%. This indicates that HOEGF experiences smaller price fluctuations and is considered to be less risky than BWLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOEGF	BWLP	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.94%	19.44%	-1.50%
Volatility (6M) Calculated over the trailing 6-month period	29.77%	29.31%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	46.90%	44.38%	+2.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.48%	107.62%	-57.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.48%	93.09%	-42.61%

Financials

HOEGF vs. BWLP - Profitability Comparison

The chart below illustrates the profitability comparison between Höegh Autoliners ASA and BW LPG Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HOEGF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Höegh Autoliners ASA reported a gross profit of 120.94M and revenue of 358.52M. Therefore, the gross margin over that period was 33.7%.

BWLP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, BW LPG Limited reported a gross profit of 173.00M and revenue of 732.75M. Therefore, the gross margin over that period was 23.6%.

HOEGF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Höegh Autoliners ASA reported an operating income of 114.60M and revenue of 358.52M, resulting in an operating margin of 32.0%.

BWLP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, BW LPG Limited reported an operating income of 117.07M and revenue of 732.75M, resulting in an operating margin of 16.0%.

HOEGF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Höegh Autoliners ASA reported a net income of 104.59M and revenue of 358.52M, resulting in a net margin of 29.2%.

BWLP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, BW LPG Limited reported a net income of 104.28M and revenue of 732.75M, resulting in a net margin of 14.2%.