DOF GROUP ASA (DOFG.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:DOFG - NO0012851874 - Common Stock
110.8 NOK
+1.6 (+1.47%)
Taking everything into account, DOFG scores 6 out of 10 in our fundamental rating. DOFG was compared to 36 industry peers in the Energy Equipment & Services industry. DOFG has an average financial health and profitability rating. A decent growth rate in combination with a cheap valuation! Better keep an eye on DOFG. Finally DOFG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year DOFG was profitable.
- In the past year DOFG had a positive cash flow from operations.
- In multiple years DOFG reported negative net income over the last 5 years.
- Each year in the past 5 years DOFG had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 10.24%, DOFG belongs to the best of the industry, outperforming 86.11% of the companies in the same industry.
- With a decent Return On Equity value of 20.93%, DOFG is doing good in the industry, outperforming 77.78% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 8.67%, DOFG is in line with its industry, outperforming 58.33% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for DOFG is above the industry average of 10.31%.
- The 3 year average ROIC (13.09%) for DOFG is well above the current ROIC(8.67%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector 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%
1.3 Margins
- DOFG has a better Profit Margin (23.77%) than 86.11% of its industry peers.
- DOFG has a Operating Margin of 22.56%. This is amongst the best in the industry. DOFG outperforms 83.33% of its industry peers.
- In the last couple of years the Operating Margin of DOFG has grown nicely.
| Industry Rank | Sector 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
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.
- The number of shares outstanding for DOFG has been increased compared to 1 year ago.
- The debt/assets ratio for DOFG has been reduced compared to a year ago.
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's Debt to Equity ratio of 0.75 is in line compared to the rest of the industry. DOFG outperforms 41.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | N/A |
ROIC/WACC1.03
WACC8.38%
2.3 Liquidity
- DOFG has a Current 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.
- With a decent Current ratio value of 1.96, DOFG is doing good in the industry, outperforming 69.44% of the companies in the same industry.
- A Quick Ratio of 1.96 indicates that DOFG should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.96, DOFG is doing good in the industry, outperforming 72.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.96 |
3. Growth
3.1 Past
- The earnings per share for DOFG have decreased by -8.10% in the last year.
- Looking at the last year, DOFG shows a very strong growth in Revenue. The Revenue has grown by 36.95%.
- 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
- DOFG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.53% yearly.
- The Revenue is expected to grow by 7.81% on average over the next years.
EPS Next Y67.69%
EPS Next 2Y36.47%
EPS Next 3Y22.09%
EPS Next 5Y17.53%
Revenue Next Year32.49%
Revenue Next 2Y17.2%
Revenue Next 3Y11.09%
Revenue Next 5Y7.81%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 6.57, the valuation of DOFG can be described as very cheap.
- DOFG's Price/Earnings ratio is rather cheap when compared to the industry. DOFG is cheaper than 83.33% of the companies in the same industry.
- DOFG is valuated cheaply when we compare the Price/Earnings ratio to 28.87, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 6.90 indicates a rather cheap valuation of DOFG.
- 80.56% of the companies in the same industry are more expensive than DOFG, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of DOFG to the average of the S&P500 Index (25.96), we can say DOFG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.57 | ||
| Fwd PE | 6.9 |
4.2 Price Multiples
- DOFG's Enterprise Value to EBITDA ratio is in line with the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as DOFG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.63 | ||
| EV/EBITDA | 7.85 |
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)0.1
PEG (5Y)N/A
EPS Next 2Y36.47%
EPS Next 3Y22.09%
5. Dividend
5.1 Amount
- DOFG has a Yearly Dividend Yield of 13.08%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.63, 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 1.82, DOFG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.08% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- DOFG pays out 34.78% of its income as dividend. This is a sustainable payout ratio.
DP34.78%
EPS Next 2Y36.47%
EPS Next 3Y22.09%
DOF GROUP ASA / DOFG.OL FAQ
What is the fundamental rating for DOFG stock?
ChartMill assigns a fundamental rating of 6 / 10 to DOFG.OL.
What is the valuation status for DOFG stock?
ChartMill assigns a valuation rating of 8 / 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 6.57 and the Price/Book (PB) ratio is 1.41.
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%.