DNO ASA (DNO.OL) Stock Fundamental Analysis
Europe - OSL:DNO - NO0003921009 - Common Stock
13.78 NOK
-0.25 (-1.78%)
We assign a fundamental rating of 3 out of 10 to DNO. DNO was compared to 63 industry peers in the Oil, Gas & Consumable Fuels industry. DNO may be in some trouble as it scores bad on both profitability and health. DNO has a decent growth rate and is not valued too expensively. Finally DNO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year DNO has reported negative net income.
DNO had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: DNO reported negative net income in multiple years.
Each year in the past 5 years DNO had a positive operating cash flow.
1.2 Ratios
DNO's Return On Assets of -1.42% is on the low side compared to the rest of the industry. DNO is outperformed by 77.78% of its industry peers.
The Return On Equity of DNO (-6.22%) is worse than 79.37% of its industry peers.
DNO has a worse Return On Invested Capital (2.65%) than 74.60% of its industry peers.
DNO had an Average Return On Invested Capital over the past 3 years of 12.71%. This is above the industry average of 9.77%.
The 3 year average ROIC (12.71%) for DNO is well above the current ROIC(2.65%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.42% | ||
| ROE | -6.22% | ||
| ROIC | 2.65% |
ROA(3y)4.51%
ROA(5y)1.98%
ROE(3y)9.03%
ROE(5y)2.66%
ROIC(3y)12.71%
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 19.92%, DNO is in line with its industry, outperforming 55.56% of the companies in the same industry.
DNO's Operating Margin has declined in the last couple of years.
DNO has a Gross Margin (37.44%) which is in line with its industry peers.
In the last couple of years the Gross Margin of DNO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.92% | ||
| PM (TTM) | N/A | ||
| GM | 37.44% |
OM growth 3Y-18.19%
OM growth 5Y-2.22%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.31%
GM growth 5Y-2.51%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DNO is still creating some value.
The number of shares outstanding for DNO remains at a similar level compared to 1 year ago.
Compared to 5 years ago, DNO has less shares outstanding
The debt/assets ratio for DNO is higher compared to a year ago.
2.2 Solvency
DNO has an Altman-Z score of 0.52. This is a bad value and indicates that DNO is not financially healthy and even has some risk of bankruptcy.
DNO has a worse Altman-Z score (0.52) than 77.78% of its industry peers.
DNO has a debt to FCF ratio of 150.51. This is a negative value and a sign of low solvency as DNO would need 150.51 years to pay back of all of its debts.
The Debt to FCF ratio of DNO (150.51) is worse than 61.90% of its industry peers.
A Debt/Equity ratio of 0.71 indicates that DNO is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.71, DNO is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 150.51 | ||
| Altman-Z | 0.52 |
ROIC/WACC0.31
WACC8.45%
2.3 Liquidity
DNO has a Current Ratio of 0.96. This is a bad value and indicates that DNO is not financially healthy enough and could expect problems in meeting its short term obligations.
DNO has a Current ratio of 0.96. This is in the lower half of the industry: DNO underperforms 77.78% of its industry peers.
DNO has a Quick Ratio of 0.96. This is a bad value and indicates that DNO is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.90, DNO is doing worse than 63.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
DNO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -300.00%.
DNO shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.12%.
Measured over the past years, DNO shows a decrease in Revenue. The Revenue has been decreasing by -7.25% on average per year.
EPS 1Y (TTM)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-121.19%
Revenue 1Y (TTM)20.12%
Revenue growth 3Y-12.76%
Revenue growth 5Y-7.25%
Sales Q2Q%88.32%
3.2 Future
The Earnings Per Share is expected to grow by 63.12% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.05% on average over the next years.
EPS Next Y655.5%
EPS Next 2Y368.48%
EPS Next 3Y191.33%
EPS Next 5Y63.12%
Revenue Next Year167.81%
Revenue Next 2Y85.76%
Revenue Next 3Y52.52%
Revenue Next 5Y2.05%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
DNO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
DNO is valuated cheaply with a Price/Forward Earnings ratio of 3.41.
100.00% of the companies in the same industry are more expensive than DNO, based on the Price/Forward Earnings ratio.
DNO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.53.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 3.41 |
4.2 Price Multiples
DNO's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DNO indicates a slightly more expensive valuation: DNO is more expensive than 61.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 119.65 | ||
| EV/EBITDA | 5.96 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as DNO's earnings are expected to grow with 191.33% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y368.48%
EPS Next 3Y191.33%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.64%, DNO is a good candidate for dividend investing.
DNO's Dividend Yield is rather good when compared to the industry average which is at 56.25. DNO pays more dividend than 85.71% of the companies in the same industry.
DNO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.64% |
5.2 History
The dividend of DNO is nicely growing with an annual growth rate of 18.12%!
Dividend Growth(5Y)18.12%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DNO has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DNO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-127.8%
EPS Next 2Y368.48%
EPS Next 3Y191.33%
OSL:DNO (11/4/2025, 4:19:10 PM)
13.78
-0.25 (-1.78%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners23.24%
Inst Owner ChangeN/A
Ins Owners13.75%
Ins Owner ChangeN/A
Market Cap13.44B
Revenue(TTM)792.80M
Net Income(TTM)-89200000
Analysts78
Price Target15.75 (14.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.64% |
Yearly Dividend1.06
Dividend Growth(5Y)18.12%
DP-127.8%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-6.18%
Min Revenue beat(2)-45.05%
Max Revenue beat(2)32.7%
Revenue beat(4)2
Avg Revenue beat(4)-7.27%
Min Revenue beat(4)-45.05%
Max Revenue beat(4)32.7%
Revenue beat(8)4
Avg Revenue beat(8)-3.79%
Revenue beat(12)4
Avg Revenue beat(12)-7.95%
Revenue beat(16)5
Avg Revenue beat(16)-6.34%
PT rev (1m)-6.42%
PT rev (3m)-1.03%
EPS NQ rev (1m)-60%
EPS NQ rev (3m)-60%
EPS NY rev (1m)0%
EPS NY rev (3m)-18.52%
Revenue NQ rev (1m)147.71%
Revenue NQ rev (3m)147.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)120.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 3.41 | ||
| P/S | 1.68 | ||
| P/FCF | 119.65 | ||
| P/OCF | 4.47 | ||
| P/B | 0.93 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.96 |
EPS(TTM)-0.2
EYN/A
EPS(NY)4.04
Fwd EY29.29%
FCF(TTM)0.12
FCFY0.84%
OCF(TTM)3.09
OCFY22.39%
SpS8.23
BVpS14.88
TBVpS-3.02
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.42% | ||
| ROE | -6.22% | ||
| ROCE | 3.44% | ||
| ROIC | 2.65% | ||
| ROICexc | 3.2% | ||
| ROICexgc | 5.87% | ||
| OM | 19.92% | ||
| PM (TTM) | N/A | ||
| GM | 37.44% | ||
| FCFM | 1.4% |
ROA(3y)4.51%
ROA(5y)1.98%
ROE(3y)9.03%
ROE(5y)2.66%
ROIC(3y)12.71%
ROIC(5y)N/A
ROICexc(3y)20.37%
ROICexc(5y)N/A
ROICexgc(3y)23.37%
ROICexgc(5y)N/A
ROCE(3y)16.51%
ROCE(5y)N/A
ROICexgc growth 3Y-26.33%
ROICexgc growth 5Y-7.85%
ROICexc growth 3Y-26.89%
ROICexc growth 5Y-4.85%
OM growth 3Y-18.19%
OM growth 5Y-2.22%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.31%
GM growth 5Y-2.51%
F-Score3
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 150.51 | ||
| Debt/EBITDA | 2.71 | ||
| Cap/Depr | 132.06% | ||
| Cap/Sales | 36.11% | ||
| Interest Coverage | 1.96 | ||
| Cash Conversion | 79.37% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 0.52 |
F-Score3
WACC8.45%
ROIC/WACC0.31
Cap/Depr(3y)119.6%
Cap/Depr(5y)99.55%
Cap/Sales(3y)25.42%
Cap/Sales(5y)24.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-121.19%
EPS Next Y655.5%
EPS Next 2Y368.48%
EPS Next 3Y191.33%
EPS Next 5Y63.12%
Revenue 1Y (TTM)20.12%
Revenue growth 3Y-12.76%
Revenue growth 5Y-7.25%
Sales Q2Q%88.32%
Revenue Next Year167.81%
Revenue Next 2Y85.76%
Revenue Next 3Y52.52%
Revenue Next 5Y2.05%
EBIT growth 1Y-15.47%
EBIT growth 3Y-28.63%
EBIT growth 5Y-9.31%
EBIT Next Year587.55%
EBIT Next 3Y125.26%
EBIT Next 5Y32.76%
FCF growth 1Y-96.17%
FCF growth 3Y-26.41%
FCF growth 5Y46.03%
OCF growth 1Y-45.67%
OCF growth 3Y-17.25%
OCF growth 5Y2.14%
DNO ASA / DNO.OL FAQ
Can you provide the ChartMill fundamental rating for DNO ASA?
ChartMill assigns a fundamental rating of 3 / 10 to DNO.OL.
What is the valuation status of DNO ASA (DNO.OL) stock?
ChartMill assigns a valuation rating of 5 / 10 to DNO ASA (DNO.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for DNO ASA?
DNO ASA (DNO.OL) has a profitability rating of 3 / 10.
How financially healthy is DNO ASA?
The financial health rating of DNO ASA (DNO.OL) is 1 / 10.
Can you provide the dividend sustainability for DNO stock?
The dividend rating of DNO ASA (DNO.OL) is 7 / 10 and the dividend payout ratio is -127.8%.