Dynagas LNG Partners LP (DLNG)

Water Transportation

Latest Price

$3.30

TTM P/E

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

12.94

P/B Ratio

0.25

Valuation metrics

EPS: $1.38

Book value / share: $12.94

Formula: √(22.5 × EPS × BVPS)

Graham Number

$20.05

+508% upside

Norm. op. income: $65M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$6.80

+106% upside

Base FCF: $69M (median of recent 5yr)

Growth: 16%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$66.02

+1901% upside

EPS: $1.38

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$20.70

+527% upside