BWLP
BW LPG Limited
BWLP has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over BWLP overall, supported by stronger valuation and stronger modeled upside.
BWLP Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| Strong | |
| Strong |
BWLP's profitability, cash flow and balance sheet are currently strong, but its revenue is under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
BWLP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.9x | $11.41 | -48% |
| Fair | 5.6x | $16.35 | -26% |
| Forward | 6.5x | $22.09 | — |
| Current | 7.6x | $22.09 | — |
| Expensive | 9.9x | $28.73 | +30% |
Historical ranges are pointers, not guarantees.
BWLP's PE is in its expensive range at 7.6x. On analysts' estimates for next year's earnings, today's price would be 6.5x.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
BWLP Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect BWLP's earnings and revenue to decline, with profitability weakening. However, they disagree widely on these estimates.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over BWLP on the outlook, with more favorable earnings and revenue expectations.
BWLP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.38 | +16% |
| Q2 2026 | $2.91 | +89% |
| Q1 2026 | $2.39 | +26% |
| Q4 2025 | $1.60 | -39% |
| Q3 2025 | $1.13 | -69% |
| Q2 2025 | $1.54 | -58% |
| Q1 2025 | $1.89 | -49% |
| Q4 2024 | $2.64 | -26% |
| Q3 2024 | $3.65 | +19% |
BWLP has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
BWLP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $963.6M | -9.5% |
| Q1 2026 | $842M | -7.1% |
| Q4 2025 | $732.7M | -10% |
| Q3 2025 | $954.2M | +17% |
| Q2 2025 | $1.1B | +21% |
| Q1 2025 | $906.7M | -10% |
| Q4 2024 | $817.2M | -13% |
| Q3 2024 | $814.6M | +16% |
BWLP's revenue grew through 2024 and has held roughly level since: $964M last quarter, down 9.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 14% | +7.7 points |
| Q1 2026 | 26% | +21 points |
| Q4 2025 | 16% | +10 points |
| Q3 2025 | 7.5% | -10 points |
| Q2 2025 | 5.9% | -4.2 points |
| Q1 2025 | 5.5% | -7.5 points |
| Q4 2024 | 5.5% | -15 points |
| Q3 2024 | 17% | -0.6 points |
BWLP has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over BWLP on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
BWLP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $168.7M | +1158% |
| Q1 2026 | $146.9M | +63% |
| Q4 2025 | $166M | +$448M |
| Q3 2025 | $117.1M | +$132.6M |
| Q2 2025 | $13.4M | -75% |
| Q1 2025 | $89.9M | -78% |
| Q4 2024 | -$282M | -304% |
| Q3 2024 | -$15.5M | -121% |
BWLP has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
BWLP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +500K shares |
| 1 year | +0.4% | +600K shares |
| 3 years | +14% | +19.2M shares |
BWLP has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $43.2M |
| Q3 2025 | $38,536 |
| Q2 2025 | $2.7M |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $4.5M |
BWLP spent $43M buying back its own shares over the past year, about six times what it spent the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
BWLP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.8x | Very low |
| Q1 2026 | 0.8x | Very low |
| Q4 2025 | 1.2x | Healthy |
| Q3 2025 | 1.5x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.4x | Healthy |
| Q3 2024 | 0.4x | Very low |
BWLP's net debt is less than a year of its operating earnings (EBITDA), down from 1.4 years a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BWLP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.9 | Neutral |
| Stochastic | 37.6 | Neutral |
BWLP's weekly RSI is 49 (neutral) and its Stochastic is 38 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
BWLP PE vs Industrials Sector
| Metric | BWLP | Sector median | Relative |
|---|---|---|---|
| PE | 7.6x | 24x | 68% below |
| PE % | 70 | 58 | 12 pts above |
BWLP is trading at 7.6x earnings, a 68% discount to the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
BWLP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $24.4 | 9.4% below |
| 20 week MA | $23.3 | 5.3% below |
| 50 week MA | $19.5 | 14% above |
| 100 week MA | $15.9 | 39% above |
| 200 week MA | $14.3 | 55% above |
BWLP has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
BWLP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.53 | $6.80 | -20% |
| 2021 | $6.80 | $5.57 | -18% |
| 2022 | $5.57 | $8.30 | +49% |
| 2023 | $8.30 | $15.1 | +81% |
| 2024 | $15.1 | $10.9 | -28% |
| 2025 | $10.9 | $12.7 | +16% |
| 2026 YTD | $12.7 | $22.1 | +74% |
BWLP has the edge over RDW on returns for 2026, with the stronger performance.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW's yearly returns have swung widely, from +501% in 2024 to −74% in 2022. It's up 12% so far in 2026.