DOF GROUP ASA (DOFG.OL) Stock Fundamental Analysis

OSL:DOFG • NO0012851874

126.3 NOK
+0.7 (+0.56%)
Last: Feb 25, 2026, 04:19 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Taking everything into account, DOFG scores 5 out of 10 in our fundamental rating. DOFG was compared to 36 industry peers in the Energy Equipment & Services industry. Both the profitability and the financial health of DOFG get a neutral evaluation. Nothing too spectacular is happening here. A decent growth rate in combination with a cheap valuation! Better keep an eye on DOFG. Finally DOFG also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year DOFG was profitable.
  • DOFG had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: DOFG reported negative net income in multiple years.
  • In the past 5 years DOFG always reported a positive cash flow from operatings.
DOFG.OL Yearly Net Income VS EBIT VS OCF VS FCFDOFG.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 0 200M -200M -400M

1.2 Ratios

  • DOFG's Return On Assets of 10.24% is amongst the best of the industry. DOFG outperforms 86.11% of its industry peers.
  • DOFG's Return On Equity of 20.93% is fine compared to the rest of the industry. DOFG outperforms 77.78% of its industry peers.
  • DOFG has a Return On Invested Capital (8.67%) which is in line with its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for DOFG is above the industry average of 10.18%.
  • The last Return On Invested Capital (8.67%) for DOFG is well below the 3 year average (13.09%), which needs to be investigated, but indicates that DOFG had better years and this may not be a problem.
Industry RankSector Rank
ROA 10.24%
ROE 20.93%
ROIC 8.67%
ROA(3y)7.72%
ROA(5y)-0.31%
ROE(3y)119.89%
ROE(5y)N/A
ROIC(3y)13.09%
ROIC(5y)17.29%
DOFG.OL Yearly ROA, ROE, ROICDOFG.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 0 500 1K 1.5K

1.3 Margins

  • The Profit Margin of DOFG (23.77%) is better than 86.11% of its industry peers.
  • The Operating Margin of DOFG (22.56%) is better than 83.33% of its industry peers.
  • DOFG's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 22.56%
PM (TTM) 23.77%
GM N/A
OM growth 3Y22.25%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
DOFG.OL Yearly Profit, Operating, Gross MarginsDOFG.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 20 -20 -40 -60

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DOFG is still creating some value.
  • DOFG has more shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, DOFG has an improved debt to assets ratio.
DOFG.OL Yearly Shares OutstandingDOFG.OL Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 50M 100M 150M 200M
DOFG.OL Yearly Total Debt VS Total AssetsDOFG.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • DOFG has a debt to FCF ratio of 5.82. This is a neutral value as DOFG would need 5.82 years to pay back of all of its debts.
  • DOFG has a Debt to FCF ratio (5.82) which is comparable to the rest of the industry.
  • DOFG has a Debt/Equity ratio of 0.75. This is a neutral value indicating DOFG is somewhat dependend on debt financing.
  • DOFG has a Debt to Equity ratio (0.75) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.75
Debt/FCF 5.82
Altman-Z N/A
ROIC/WACC1.03
WACC8.4%
DOFG.OL Yearly LT Debt VS Equity VS FCFDOFG.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 1.96 indicates that DOFG should not have too much problems paying its short term obligations.
  • DOFG has a better Current ratio (1.96) than 66.67% of its industry peers.
  • DOFG has a Quick Ratio of 1.96. This is a normal value and indicates that DOFG is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of DOFG (1.96) is better than 72.22% of its industry peers.
Industry RankSector Rank
Current Ratio 1.96
Quick Ratio 1.96
DOFG.OL Yearly Current Assets VS Current LiabilitesDOFG.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • DOFG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.10%.
  • The Revenue has grown by 36.95% in the past year. This is a very strong growth!
  • DOFG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.33% yearly.
EPS 1Y (TTM)-8.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%13.16%
Revenue 1Y (TTM)36.95%
Revenue growth 3Y23.33%
Revenue growth 5YN/A
Sales Q2Q%36.76%

3.2 Future

  • Based on estimates for the next years, DOFG will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.53% on average per year.
  • Based on estimates for the next years, DOFG will show a small growth in Revenue. The Revenue will grow by 7.81% on average per year.
EPS Next Y67.69%
EPS Next 2Y36.47%
EPS Next 3Y22.09%
EPS Next 5Y17.53%
Revenue Next Year32.49%
Revenue Next 2Y18.07%
Revenue Next 3Y12.51%
Revenue Next 5Y7.81%

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
DOFG.OL Yearly Revenue VS EstimatesDOFG.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B
DOFG.OL Yearly EPS VS EstimatesDOFG.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 2028 0.5 1 1.5

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 7.68, which indicates a rather cheap valuation of DOFG.
  • Based on the Price/Earnings ratio, DOFG is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.05, DOFG is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 8.06, the valuation of DOFG can be described as very reasonable.
  • 83.33% of the companies in the same industry are more expensive than DOFG, based on the Price/Forward Earnings ratio.
  • DOFG is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.03, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.68
Fwd PE 8.06
DOFG.OL Price Earnings VS Forward Price EarningsDOFG.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DOFG indicates a slightly more expensive valuation: DOFG is more expensive than 61.11% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of DOFG is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 11.26
EV/EBITDA 8.82
DOFG.OL Per share dataDOFG.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • DOFG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • DOFG has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as DOFG's earnings are expected to grow with 22.09% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y36.47%
EPS Next 3Y22.09%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • DOFG has a Yearly Dividend Yield of 11.69%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.18, DOFG pays a better dividend. On top of this DOFG pays more dividend than 100.00% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, DOFG pays a better dividend.
Industry RankSector Rank
Dividend Yield 11.69%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 34.78% of the earnings are spent on dividend by DOFG. This is a low number and sustainable payout ratio.
DP34.78%
EPS Next 2Y36.47%
EPS Next 3Y22.09%
DOFG.OL Yearly Income VS Free CF VS DividendDOFG.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2020 2021 2022 2023 2024 0 200M -200M -400M
DOFG.OL Dividend Payout.DOFG.OL Dividend Payout, showing the Payout Ratio.DOFG.OL Dividend Payout.PayoutRetained Earnings

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DOF GROUP ASA

OSL:DOFG (2/25/2026, 4:19:54 PM)

126.3

+0.7 (+0.56%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-19
Earnings (Next)05-22
Inst Owners37.06%
Inst Owner ChangeN/A
Ins Owners2.24%
Ins Owner ChangeN/A
Market Cap31.11B
Revenue(TTM)1.74B
Net Income(TTM)414.00M
Analysts86.15
Price Target131.92 (4.45%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 11.69%
Yearly Dividend0.04
Dividend Growth(5Y)N/A
DP34.78%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.1%
Min EPS beat(2)6.28%
Max EPS beat(2)13.92%
EPS beat(4)4
Avg EPS beat(4)34.27%
Min EPS beat(4)6.28%
Max EPS beat(4)59.69%
EPS beat(8)6
Avg EPS beat(8)63.7%
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)-4.52%
Min Revenue beat(2)-11.25%
Max Revenue beat(2)2.21%
Revenue beat(4)1
Avg Revenue beat(4)-3.57%
Min Revenue beat(4)-11.25%
Max Revenue beat(4)2.21%
Revenue beat(8)2
Avg Revenue beat(8)-4.02%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)17.86%
EPS NQ rev (3m)-7.04%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.72%
Revenue NQ rev (1m)5.69%
Revenue NQ rev (3m)5.34%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.63%
Valuation
Industry RankSector Rank
PE 7.68
Fwd PE 8.06
P/S 1.87
P/FCF 11.26
P/OCF 6.34
P/B 1.65
P/tB 1.65
EV/EBITDA 8.82
EPS(TTM)16.44
EY13.02%
EPS(NY)15.67
Fwd EY12.4%
FCF(TTM)11.22
FCFY8.88%
OCF(TTM)19.91
OCFY15.76%
SpS67.61
BVpS76.77
TBVpS76.66
PEG (NY)0.11
PEG (5Y)N/A
Graham Number168.52
Profitability
Industry RankSector Rank
ROA 10.24%
ROE 20.93%
ROCE 11.26%
ROIC 8.67%
ROICexc 9.96%
ROICexgc 9.97%
OM 22.56%
PM (TTM) 23.77%
GM N/A
FCFM 16.59%
ROA(3y)7.72%
ROA(5y)-0.31%
ROE(3y)119.89%
ROE(5y)N/A
ROIC(3y)13.09%
ROIC(5y)17.29%
ROICexc(3y)26.86%
ROICexc(5y)37.53%
ROICexgc(3y)26.86%
ROICexgc(5y)37.53%
ROCE(3y)80.74%
ROCE(5y)94.31%
ROICexgc growth 3Y-44.68%
ROICexgc growth 5YN/A
ROICexc growth 3Y-44.7%
ROICexc growth 5YN/A
OM growth 3Y22.25%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.43
Health
Industry RankSector Rank
Debt/Equity 0.75
Debt/FCF 5.82
Debt/EBITDA 2.93
Cap/Depr 198.23%
Cap/Sales 12.86%
Interest Coverage 0.93
Cash Conversion 101.38%
Profit Quality 69.81%
Current Ratio 1.96
Quick Ratio 1.96
Altman-Z N/A
F-Score5
WACC8.4%
ROIC/WACC1.03
Cap/Depr(3y)451.26%
Cap/Depr(5y)281.9%
Cap/Sales(3y)9.05%
Cap/Sales(5y)8.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%13.16%
EPS Next Y67.69%
EPS Next 2Y36.47%
EPS Next 3Y22.09%
EPS Next 5Y17.53%
Revenue 1Y (TTM)36.95%
Revenue growth 3Y23.33%
Revenue growth 5YN/A
Sales Q2Q%36.76%
Revenue Next Year32.49%
Revenue Next 2Y18.07%
Revenue Next 3Y12.51%
Revenue Next 5Y7.81%
EBIT growth 1Y61.78%
EBIT growth 3Y50.78%
EBIT growth 5YN/A
EBIT Next Year104.82%
EBIT Next 3Y31.51%
EBIT Next 5Y23.36%
FCF growth 1Y235.26%
FCF growth 3Y64.48%
FCF growth 5YN/A
OCF growth 1Y167.51%
OCF growth 3Y38.12%
OCF growth 5YN/A

DOF GROUP ASA / DOFG.OL FAQ

What is the fundamental rating for DOFG stock?

ChartMill assigns a fundamental rating of 5 / 10 to DOFG.OL.


What is the valuation status for DOFG stock?

ChartMill assigns a valuation rating of 7 / 10 to DOF GROUP ASA (DOFG.OL). This can be considered as Undervalued.


How profitable is DOF GROUP ASA (DOFG.OL) stock?

DOF GROUP ASA (DOFG.OL) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for DOFG stock?

The Price/Earnings (PE) ratio for DOF GROUP ASA (DOFG.OL) is 7.68 and the Price/Book (PB) ratio is 1.65.


Can you provide the dividend sustainability for DOFG stock?

The dividend rating of DOF GROUP ASA (DOFG.OL) is 7 / 10 and the dividend payout ratio is 34.78%.