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Dorian LPGFRA:0DA +0.61%89 Debt-to-EBITDA is 1.73 as of Mar. 2026, which is 50% below its 10-year median of 3.44. GuruFocus rates FRA:0DA with a GF Score™ of 89/100 and a GF Value™ of €29.02 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 706 Oil & Gas companies, Dorian LPG ranks worse than 56.37% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Dorian LPG's Debt-to-EBITDA or its related term are showing as below:
FRA:0DA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.93 Med: 3.44 Max: 13.69
Current: 2.43
During the past 13 years, the highest Debt-to-EBITDA Ratio of Dorian LPG was 13.69. The lowest was 1.93. And the median was 3.44.
FRA:0DA's Debt-to-EBITDA is ranked worse than 56.37% of 706
companies
in the Oil & Gas industry
Industry Median: 2.035
vs FRA:0DA: 2.43
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Dorian LPG Debt-to-EBITDA Related Terms
Dorian LPG Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Dorian LPG's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:0DA vs NGL, GEL, FLNG: Debt-to-EBITDA Comparison
For the Oil & Gas Midstream subindustry, Dorian LPG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dorian LPG Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dorian LPG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Dorian LPG's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Dorian LPG (FRA:0DA) has a Debt-to-EBITDA of 1.73 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Dorian LPG. This is 50% below median its historical median of 3.44. Over the past decade, Dorian LPG's Debt-to-EBITDA has ranged from 1.93 to 13.69. According to the industry distribution chart, Dorian LPG ranks #398 out of 706 companies in the Oil & Gas industry, placing it in the top 56.4%.
Is Dorian LPG's Debt-to-EBITDA too high?
Dorian LPG's current Debt-to-EBITDA of 1.73 is 50% below median its 10-year median of 3.44. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 13.69. The Oil & Gas industry median Debt-to-EBITDA is 2.04. Dorian LPG's value of 1.73 is 15% below this industry median. Based on the distribution chart, Dorian LPG ranks #398 out of 706 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Dorian LPG has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dorian LPG's Debt-to-EBITDA compare to NGL and GEL?
According to the Oil & Gas industry distribution chart, Dorian LPG ranks #398 out of 706 companies for Debt-to-EBITDA. This places Dorian LPG in the lower half of its industry. The industry median Debt-to-EBITDA is 2.04. Dorian LPG's value of 1.73 is 15% below this benchmark. Historically, Dorian LPG's own Debt-to-EBITDA has ranged from 1.93 to 13.69 over the past decade. While the company's 10-year median is 3.44 vs. the industry median of 2.04, Dorian LPG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.04, based on 706 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dorian LPG's current Debt-to-EBITDA of 1.73 is 15% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Dorian LPG. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dorian LPG's current Debt-to-EBITDA is 1.73, which is 50% below median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dorian LPG stock overvalued right now?
Based on GuruFocus' analysis, Dorian LPG (FRA:0DA) is currently considered Significantly Overvalued. The stock's GF Value™ is €29.02, compared to a current price of €39.34 — trading 35.6% above its estimated fair value. The current Debt-to-EBITDA is 1.73, which is 50% below median its 10-year median of 3.44 and 15% below the Oil & Gas industry median of 2.04. Dorian LPG's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Dorian LPG (FRA:0DA), the current Debt-to-EBITDA is 1.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dorian LPG (FRA:0DA) Overvalued in 2026?
Based on GuruFocus' analysis, Dorian LPG stock appears to be overvalued.
The current stock price of €39.34 is trading 35.6% above its estimated GF Value™ of €29.02.
GuruFocus considers Dorian LPG to be Significantly Overvalued.
Key valuation signals for FRA:0DA:
Debt-to-EBITDA: 1.73 (50% below median its 10-year median of 3.44)
GF Value™: €29.02 vs. price of €39.34 (35.6% above fair value)
Industry Position: 15% below the Oil & Gas median (#398 of 706)
No single metric tells the full story. See the FRA:0DA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece. IT operates in one reportable segment, the international transportation of LPG.
89GF Score
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