DNO ASA (DNO.OL) Fundamental Analysis & Valuation
OSL:DNO • NO0003921009
Current stock price
21.52 NOK
+0.78 (+3.76%)
Last:
This DNO.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. DNO.OL Profitability Analysis
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.
- In multiple years DNO reported negative net income over the last 5 years.
- In the past 5 years DNO always reported a positive cash flow from operatings.
1.2 Ratios
- With a Return On Assets value of -0.78%, DNO is not doing good in the industry: 83.95% of the companies in the same industry are doing better.
- DNO's Return On Equity of -3.52% is on the low side compared to the rest of the industry. DNO is outperformed by 83.95% of its industry peers.
- DNO has a Return On Invested Capital (6.98%) which is comparable to the rest of the industry.
- DNO had an Average Return On Invested Capital over the past 3 years of 6.36%. This is below the industry average of 9.44%.
- The 3 year average ROIC (6.36%) for DNO is below the current ROIC(6.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.78% | ||
| ROE | -3.52% | ||
| ROIC | 6.98% |
ROA(3y)-0.33%
ROA(5y)3.93%
ROE(3y)-1.51%
ROE(5y)8.72%
ROIC(3y)6.36%
ROIC(5y)11.43%
1.3 Margins
- The Operating Margin of DNO (29.34%) is better than 74.07% of its industry peers.
- DNO's Operating Margin has declined in the last couple of years.
- The Gross Margin of DNO (40.61%) is worse than 60.49% of its industry peers.
- DNO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.34% | ||
| PM (TTM) | N/A | ||
| GM | 40.61% |
OM growth 3Y-20.25%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-15.17%
GM growth 5Y58.59%
2. DNO.OL Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DNO is destroying value.
- The number of shares outstanding for DNO remains at a similar level compared to 1 year ago.
- The number of shares outstanding for DNO remains at a similar level compared to 5 years ago.
- DNO has a better debt/assets ratio than last year.
2.2 Solvency
- DNO has an Altman-Z score of 0.87. This is a bad value and indicates that DNO is not financially healthy and even has some risk of bankruptcy.
- DNO has a Altman-Z score of 0.87. This is amonst the worse of the industry: DNO underperforms 80.25% of its industry peers.
- DNO has a debt to FCF ratio of 13.27. This is a negative value and a sign of low solvency as DNO would need 13.27 years to pay back of all of its debts.
- The Debt to FCF ratio of DNO (13.27) is worse than 67.90% of its industry peers.
- DNO has a Debt/Equity ratio of 0.76. This is a neutral value indicating DNO is somewhat dependend on debt financing.
- DNO has a Debt to Equity ratio of 0.76. This is in the lower half of the industry: DNO underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 13.27 | ||
| Altman-Z | 0.87 |
ROIC/WACC0.82
WACC8.52%
2.3 Liquidity
- DNO has a Current Ratio of 0.93. 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 0.93. This is in the lower half of the industry: DNO underperforms 79.01% of its industry peers.
- DNO has a Quick Ratio of 0.93. 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 0.84 is on the low side compared to the rest of the industry. DNO is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.84 |
3. DNO.OL Growth Analysis
3.1 Past
- DNO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -300.00%.
- Looking at the last year, DNO shows a very strong growth in Revenue. The Revenue has grown by 121.02%.
- The Revenue has been decreasing by -7.25% on average over the past years.
EPS 1Y (TTM)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%50%
Revenue 1Y (TTM)121.02%
Revenue growth 3Y-12.76%
Revenue growth 5Y-7.25%
Sales Q2Q%172.71%
3.2 Future
- The Earnings Per Share is expected to grow by 101.68% on average over the next years. This is a very strong growth
- DNO is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 39.42% yearly.
EPS Next Y489.56%
EPS Next 2Y267.61%
EPS Next 3Y164.3%
EPS Next 5Y101.68%
Revenue Next Year139.07%
Revenue Next 2Y98.95%
Revenue Next 3Y57.84%
Revenue Next 5Y39.42%
3.3 Evolution
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. DNO.OL Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for DNO. In the last year negative earnings were reported.
- DNO is valuated reasonably with a Price/Forward Earnings ratio of 9.59.
- DNO's Price/Forward Earnings ratio is rather cheap when compared to the industry. DNO is cheaper than 92.59% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 23.10. DNO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.59 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, DNO is valued cheaply inside the industry as 92.59% of the companies are valued more expensively.
- DNO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.93 | ||
| EV/EBITDA | 3.57 |
4.3 Compensation for Growth
- DNO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- DNO's earnings are expected to grow with 164.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y267.61%
EPS Next 3Y164.3%
5. DNO.OL Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 6.77%, DNO is a good candidate for dividend investing.
- DNO's Dividend Yield is rather good when compared to the industry average which is at 3.98. DNO pays more dividend than 88.89% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, DNO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.77% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- The earnings of DNO are negative and hence is the payout ratio. DNO will probably not be able to sustain this dividend level.
DP-323.77%
EPS Next 2Y267.61%
EPS Next 3Y164.3%
DNO.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:DNO (4/7/2026, 4:25:30 PM)
21.52
+0.78 (+3.76%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)05-07 2026-05-07
Inst Owners27.31%
Inst Owner ChangeN/A
Ins Owners12.95%
Ins Owner ChangeN/A
Market Cap20.98B
Revenue(TTM)1.47B
Net Income(TTM)-46.70M
Analysts82
Price Target20.4 (-5.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.77% |
Yearly Dividend1.51
Dividend Growth(5Y)N/A
DP-323.77%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-252.05%
Min EPS beat(2)-453.61%
Max EPS beat(2)-50.49%
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)-5.9%
Min Revenue beat(2)-15.82%
Max Revenue beat(2)4.01%
Revenue beat(4)2
Avg Revenue beat(4)-6.04%
Min Revenue beat(4)-45.05%
Max Revenue beat(4)32.7%
Revenue beat(8)4
Avg Revenue beat(8)-6.29%
Revenue beat(12)5
Avg Revenue beat(12)-7.43%
Revenue beat(16)5
Avg Revenue beat(16)-7.65%
PT rev (1m)18.91%
PT rev (3m)29.37%
EPS NQ rev (1m)48.33%
EPS NQ rev (3m)-36.43%
EPS NY rev (1m)0%
EPS NY rev (3m)-33.59%
Revenue NQ rev (1m)10.59%
Revenue NQ rev (3m)5.49%
Revenue NY rev (1m)16.63%
Revenue NY rev (3m)9.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.59 | ||
| P/S | 1.46 | ||
| P/FCF | 20.93 | ||
| P/OCF | 3.65 | ||
| P/B | 1.62 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.57 |
EPS(TTM)-0.19
EYN/A
EPS(NY)2.24
Fwd EY10.43%
FCF(TTM)1.03
FCFY4.78%
OCF(TTM)5.9
OCFY27.42%
SpS14.73
BVpS13.28
TBVpS-3.29
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.78% | ||
| ROE | -3.52% | ||
| ROCE | 9.07% | ||
| ROIC | 6.98% | ||
| ROICexc | 7.72% | ||
| ROICexgc | 12.53% | ||
| OM | 29.34% | ||
| PM (TTM) | N/A | ||
| GM | 40.61% | ||
| FCFM | 6.98% |
ROA(3y)-0.33%
ROA(5y)3.93%
ROE(3y)-1.51%
ROE(5y)8.72%
ROIC(3y)6.36%
ROIC(5y)11.43%
ROICexc(3y)8.6%
ROICexc(5y)17.12%
ROICexgc(3y)11.48%
ROICexgc(5y)20.59%
ROCE(3y)8.27%
ROCE(5y)14.85%
ROICexgc growth 3Y-36.17%
ROICexgc growth 5YN/A
ROICexc growth 3Y-43.6%
ROICexc growth 5YN/A
OM growth 3Y-20.25%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-15.17%
GM growth 5Y58.59%
F-Score6
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 13.27 | ||
| Debt/EBITDA | 1.21 | ||
| Cap/Depr | 120.9% | ||
| Cap/Sales | 33.09% | ||
| Interest Coverage | 4.09 | ||
| Cash Conversion | 70.66% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 0.87 |
F-Score6
WACC8.52%
ROIC/WACC0.82
Cap/Depr(3y)113.73%
Cap/Depr(5y)114.76%
Cap/Sales(3y)29.19%
Cap/Sales(5y)25.73%
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 Y489.56%
EPS Next 2Y267.61%
EPS Next 3Y164.3%
EPS Next 5Y101.68%
Revenue 1Y (TTM)121.02%
Revenue growth 3Y-12.76%
Revenue growth 5Y-7.25%
Sales Q2Q%172.71%
Revenue Next Year139.07%
Revenue Next 2Y98.95%
Revenue Next 3Y57.84%
Revenue Next 5Y39.42%
EBIT growth 1Y196.57%
EBIT growth 3Y-18.42%
EBIT growth 5YN/A
EBIT Next Year153.73%
EBIT Next 3Y37.71%
EBIT Next 5YN/A
FCF growth 1Y-51.74%
FCF growth 3Y-48.56%
FCF growth 5Y-14.63%
OCF growth 1Y43%
OCF growth 3Y-17.62%
OCF growth 5Y8.7%
DNO ASA / DNO.OL Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for DNO ASA?
ChartMill assigns a fundamental rating of 3 / 10 to DNO.OL.
Can you provide the valuation status for DNO ASA?
ChartMill assigns a valuation rating of 5 / 10 to DNO ASA (DNO.OL). This can be considered as Fairly Valued.
What is the profitability of DNO stock?
DNO ASA (DNO.OL) has a profitability rating of 3 / 10.
Can you provide the dividend sustainability for DNO stock?
The dividend rating of DNO ASA (DNO.OL) is 5 / 10 and the dividend payout ratio is -323.77%.