DNO ASA (DNO.OL) Stock Fundamental Analysis
Europe - OSL:DNO - NO0003921009 - Common Stock
14.91 NOK
-0.23 (-1.52%)
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. Both the profitability and financial health of DNO have multiple concerns. DNO has a decent growth rate and is not valued too expensively. 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
With a Return On Assets value of -1.42%, DNO is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
DNO has a worse Return On Equity (-6.22%) than 79.37% of its industry peers.
DNO has a worse Return On Invested Capital (2.65%) than 74.60% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DNO is above the industry average of 9.34%.
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
The Operating Margin of DNO (19.92%) is comparable to the rest of the industry.
DNO's Operating Margin has declined in the last couple of years.
DNO has a Gross Margin of 37.44%. This is comparable to the rest of the industry: DNO outperforms 42.86% of 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.
DNO has about the same amout of shares outstanding than it did 1 year ago.
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 77.78% of the companies in the same industry.
The Debt to FCF ratio of DNO is 150.51, which is on the high side as it means it would take DNO, 150.51 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of DNO (150.51) is worse than 63.49% 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 65.08% 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 77.78% of its industry peers.
A Quick Ratio of 0.90 indicates that DNO may have some problems paying 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 61.90% 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.
Looking at the last year, DNO shows a very strong growth in Revenue. The Revenue has grown by 20.12%.
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%-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
Based on estimates for the next years, DNO will show a small growth in Revenue. The Revenue will grow by 2.05% on average per year.
EPS Next Y807%
EPS Next 2Y337.84%
EPS Next 3Y169.96%
EPS Next 5Y63.12%
Revenue Next Year148.05%
Revenue Next 2Y83.73%
Revenue Next 3Y51.63%
Revenue Next 5Y2.05%
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. Valuation
4.1 Price/Earnings Ratio
DNO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 4.29, the valuation of DNO can be described as very cheap.
Based on the Price/Forward Earnings ratio, DNO is valued cheaper than 96.83% of the companies in the same industry.
DNO is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.29 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as DNO.
63.49% 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 | 129.37 | ||
| EV/EBITDA | 6.25 |
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 169.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y337.84%
EPS Next 3Y169.96%
5. Dividend
5.1 Amount
DNO has a Yearly Dividend Yield of 9.30%, which is a nice return.
Compared to an average industry Dividend Yield of 58.54, DNO pays a better dividend. On top of this DNO pays more dividend than 84.13% of the companies listed in the same industry.
DNO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.3% |
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
The earnings of DNO are negative and hence is the payout ratio. DNO will probably not be able to sustain this dividend level.
DNO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-127.8%
EPS Next 2Y337.84%
EPS Next 3Y169.96%
OSL:DNO (11/19/2025, 4:26:15 PM)
14.91
-0.23 (-1.52%)
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 Cap14.54B
Revenue(TTM)792.80M
Net Income(TTM)-89.20M
Analysts72.73
Price Target15.75 (5.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.3% |
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)-7.82%
PT rev (3m)-1.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-60%
EPS NY rev (1m)27.27%
EPS NY rev (3m)3.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)147.71%
Revenue NY rev (1m)-7.38%
Revenue NY rev (3m)-5.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.29 | ||
| P/S | 1.81 | ||
| P/FCF | 129.37 | ||
| P/OCF | 4.83 | ||
| P/B | 1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.25 |
EPS(TTM)-0.2
EYN/A
EPS(NY)3.48
Fwd EY23.32%
FCF(TTM)0.12
FCFY0.77%
OCF(TTM)3.09
OCFY20.71%
SpS8.23
BVpS14.89
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%-121.19%
EPS Next Y807%
EPS Next 2Y337.84%
EPS Next 3Y169.96%
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 Year148.05%
Revenue Next 2Y83.73%
Revenue Next 3Y51.63%
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%.