DNO ASA (DNO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:DNO - NO0003921009 - Common Stock
15.3 NOK
+0.32 (+2.14%)
DNO gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 70 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 is valued correctly, but it does not seem to be growing. 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
Looking at the Return On Assets, with a value of -1.42%, DNO is doing worse than 78.57% of the companies in the same industry.
DNO's Return On Equity of -6.22% is on the low side compared to the rest of the industry. DNO is outperformed by 80.00% of its industry peers.
DNO has a worse Return On Invested Capital (2.65%) than 77.14% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DNO is above the industry average of 9.15%.
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 has a Operating Margin (19.92%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of DNO has declined.
With a Gross Margin value of 37.44%, DNO perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
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.
The number of shares outstanding for DNO remains at a similar level compared to 1 year ago.
The number of shares outstanding for DNO has been reduced compared to 5 years ago.
Compared to 1 year ago, DNO has a worse debt to assets ratio.
2.2 Solvency
DNO has an Altman-Z score of 0.53. 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 0.53. This is in the lower half of the industry: DNO underperforms 77.14% 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 65.71% of its industry peers.
A Debt/Equity ratio of 0.71 indicates that DNO is somewhat dependend on debt financing.
DNO's Debt to Equity ratio of 0.71 is on the low side compared to the rest of the industry. DNO is outperformed by 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 150.51 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.31
WACC8.46%
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's Current ratio of 0.96 is on the low side compared to the rest of the industry. DNO is outperformed by 71.43% 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 has a Quick ratio (0.90) which is comparable to the rest of the industry.
| 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%.
DNO shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -7.25% yearly.
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.
DNO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.05% yearly.
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
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 4.34.
98.57% 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 24.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.34 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as DNO.
65.71% of the companies in the same industry are cheaper than DNO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 132.1 | ||
| EV/EBITDA | 6.19 |
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 183.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y339.75%
EPS Next 3Y183.17%
5. Dividend
5.1 Amount
DNO has a Yearly Dividend Yield of 9.09%, which is a nice return.
DNO's Dividend Yield is rather good when compared to the industry average which is at 5.63. DNO pays more dividend than 88.57% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, DNO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.09% |
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 (12/22/2025, 7:00:00 PM)
15.3
+0.32 (+2.14%)
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 Cap14.92B
Revenue(TTM)666.80M
Net Income(TTM)-89.20M
Analysts72.73
Price Target15.77 (3.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.09% |
Yearly Dividend1.07
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)0%
Revenue NQ rev (3m)138.76%
Revenue NY rev (1m)-0.66%
Revenue NY rev (3m)-8.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.34 | ||
| P/S | 1.85 | ||
| P/FCF | 132.1 | ||
| P/OCF | 4.93 | ||
| P/B | 1.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.19 |
EPS(TTM)-0.2
EYN/A
EPS(NY)3.53
Fwd EY23.06%
FCF(TTM)0.12
FCFY0.76%
OCF(TTM)3.1
OCFY20.28%
SpS8.27
BVpS14.96
TBVpS-3.04
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 | 0.53 |
F-Score3
WACC8.46%
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%.