COMPARE · Data as of August 21, 2026
FRO vs LPG
Verdict: Side-by-side breakdown using the Bull Rankings model. FRO scored 33.0, LPG scored 68.8 — LPG leads.
Compare another set
FRO
Frontline plc
33
$43.67 · $9.7B
Score gap
35.8
LPG leads
LPG
Dorian LPG Ltd.
68.8
$51.13 · $2.2B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestLPG6.8x
- Fastest growthLPG+81.1%
- Strongest balance sheetLPG0.52
- Highest qualityLPG86 / 100
- Largest discount to fair valueLPG-39%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
FRO
stronger →← stronger
LPG
50
Qualityreturns · margins · balance sheet
86
50
Growthrevenue & earnings expansion
50
14
Valuevaluation vs sector peers
76
LPG is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
FRO
LPG
$592mC+
FCF
$239mC
+49.5%A
Rev
+81.1%A
0.93C+
D/E
0.52B
10.8xB+
P/E
6.8xA-
5.58D
PEG
—
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
FRO
LPG
35% above
Price vs fair valuelower is cheaper
39% below
~6%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-13%/yr
-17%
1-yr DCF upside
+83%
-26%
5-yr DCF upside
+64%
-36%
10-yr DCF upside
+40%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
FRO
Why this score
- Raising its dividend
- Cyclical growth
LPG
Why this score
- Raising its dividend
- Cyclical growth
The companies
FROFrontline plc
Why now
Oil & Gas Midstream · market cap $9.7b. 3% off the 52-week high of $45.17. Revenue growing +49% — in hypergrowth territory. 4 sell-side analysts rate this a Buy with a mean 1-yr target of $44.25 (implying +1% upside).
Moat
Moat signals from the quantitative card are modest — profitability and capital efficiency are middle-of-pack. The thesis here depends on softer factors (switching costs, brand, distribution, regulatory protection) not captured by the quality-growth screen.
Risk
Currently unprofitable (margin -1.7%) — path to GAAP profitability is the core thesis risk. P/S 15.2x embeds aggressive forward growth — disappointing top-line guidance would compress the multiple hard. ROE -1% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
LPGDorian LPG Ltd.
Why now
Oil & Gas Midstream · market cap $2.2b. Trading near 52-week high of $52.10 — momentum setup, limited technical margin of safety. Revenue growing +81% — in hypergrowth territory. 5 sell-side analysts rate this a Buy with a mean 1-yr target of $51.80 (implying +1% upside).
Moat
Net margin 55% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 26% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
Trading within 2% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction. Production-cost sensitivity — top-quartile cost producers generate cash through the cycle while marginal producers burn it; watch the cost-per-unit trend, not just headline revenue.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where FRO and LPG diverge
On the headline score the gap is 35.8 points in favor of LPG. The widest single difference is Value, where LPG leads by 61.2 points.
- ValueFRO 14.3 · LPG 75.5LPG +61.2
- QualityFRO 50.2 · LPG 86.1LPG +35.9
- GrowthFRO 50.0 · LPG 50.0level
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.