DNO ASA (DNO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:DNO - NO0003921009 - Common Stock
15.2 NOK
-0.08 (-0.52%)
We assign a fundamental rating of 3 out of 10 to DNO. DNO was compared to 69 industry peers in the Oil, Gas & Consumable Fuels industry. DNO has a bad profitability rating. Also its financial health evaluation is rather negative. DNO has a valuation in line with the averages, but it does not seem to be growing. DNO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
DNO had negative earnings in the past year.
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 has a worse Return On Assets (-1.42%) than 78.26% of its industry peers.
The Return On Equity of DNO (-6.22%) is worse than 79.71% of its industry peers.
The Return On Invested Capital of DNO (2.65%) is worse than 76.81% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DNO is above the industry average of 9.20%.
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
DNO's Operating Margin of 19.92% is in line compared to the rest of the industry. DNO outperforms 59.42% of its industry peers.
In the last couple of years the Operating Margin of DNO has declined.
DNO has a Gross Margin (37.44%) which is in line with its industry peers.
DNO's Gross Margin has declined in the last couple of years.
| 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
DNO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, DNO has about the same amount of shares outstanding.
DNO has less shares outstanding than it did 5 years ago.
DNO has a worse debt/assets ratio than last year.
2.2 Solvency
DNO has an Altman-Z score of 0.54. This is a bad value and indicates that DNO is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.54, DNO is doing worse than 78.26% of the companies in the same industry.
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 66.67% of its industry peers.
DNO has a Debt/Equity ratio of 0.71. This is a neutral value indicating DNO is somewhat dependend on debt financing.
DNO has a Debt to Equity ratio of 0.71. This is in the lower half of the industry: DNO underperforms 65.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 150.51 | ||
| Altman-Z | 0.54 |
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.
The Current ratio of DNO (0.96) is worse than 76.81% 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.
DNO's Quick ratio of 0.90 is on the low side compared to the rest of the industry. DNO is outperformed by 60.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for DNO have decreased strongly by -300.00% in the last year.
DNO shows a decrease in Revenue. In the last year, the revenue decreased by -0.10%.
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%-50%
Revenue 1Y (TTM)-0.1%
Revenue growth 3Y-12.76%
Revenue growth 5Y-7.25%
Sales Q2Q%220.7%
3.2 Future
Based on estimates for the next years, DNO will show a very strong growth in Earnings Per Share. The EPS will grow by 63.12% on average per year.
The Revenue is expected to grow by 2.05% on average over the next years.
EPS Next Y562.93%
EPS Next 2Y339.75%
EPS Next 3Y183.17%
EPS Next 5Y63.12%
Revenue Next Year146.4%
Revenue Next 2Y89.98%
Revenue Next 3Y55.19%
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
The Price/Earnings Ratio is negative for DNO. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 4.33, which indicates a rather cheap valuation of DNO.
DNO's Price/Forward Earnings ratio is rather cheap when compared to the industry. DNO is cheaper than 100.00% of the companies in the same industry.
DNO is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.33 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as DNO.
DNO's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. DNO is more expensive than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 132.03 | ||
| EV/EBITDA | 6.29 |
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 183.17% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y339.75%
EPS Next 3Y183.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.23%, DNO is a good candidate for dividend investing.
DNO's Dividend Yield is rather good when compared to the industry average which is at 7.80. DNO pays more dividend than 88.41% of the companies in the same industry.
DNO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.23% |
5.2 History
On average, the dividend of DNO grows each year by 18.12%, which is quite nice.
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.
The dividend of DNO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-127.8%
EPS Next 2Y339.75%
EPS Next 3Y183.17%
OSL:DNO (12/9/2025, 4:25:15 PM)
15.2
-0.08 (-0.52%)
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 Cap14.82B
Revenue(TTM)666.80M
Net Income(TTM)-89.20M
Analysts72.73
Price Target15.77 (3.75%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.23% |
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)0.13%
PT rev (3m)-6.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-60%
EPS NY rev (1m)-34.52%
EPS NY rev (3m)-38.89%
Revenue NQ rev (1m)-3.61%
Revenue NQ rev (3m)138.76%
Revenue NY rev (1m)-0.66%
Revenue NY rev (3m)-9.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.33 | ||
| P/S | 1.85 | ||
| P/FCF | 132.03 | ||
| P/OCF | 4.93 | ||
| P/B | 1.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.29 |
EPS(TTM)-0.2
EYN/A
EPS(NY)3.51
Fwd EY23.07%
FCF(TTM)0.12
FCFY0.76%
OCF(TTM)3.08
OCFY20.29%
SpS8.22
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 | 0.54 |
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%-50%
EPS Next Y562.93%
EPS Next 2Y339.75%
EPS Next 3Y183.17%
EPS Next 5Y63.12%
Revenue 1Y (TTM)-0.1%
Revenue growth 3Y-12.76%
Revenue growth 5Y-7.25%
Sales Q2Q%220.7%
Revenue Next Year146.4%
Revenue Next 2Y89.98%
Revenue Next 3Y55.19%
Revenue Next 5Y2.05%
EBIT growth 1Y-15.47%
EBIT growth 3Y-28.63%
EBIT growth 5Y-9.31%
EBIT Next Year561.77%
EBIT Next 3Y121.63%
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%.