DOF GROUP ASA (DOFG.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:DOFG - NO0012851874 - Common Stock
95.9 NOK
-0.45 (-0.47%)
We assign a fundamental rating of 5 out of 10 to DOFG. DOFG was compared to 39 industry peers in the Energy Equipment & Services industry. There are concerns on the financial health of DOFG while its profitability can be described as average. DOFG may be a bit undervalued, certainly considering the very reasonable score on growth DOFG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
DOFG had positive earnings in the past year.
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.
In the past 5 years DOFG always reported a positive cash flow from operatings.
1.2 Ratios
DOFG has a better Return On Assets (9.64%) than 79.49% of its industry peers.
DOFG has a better Return On Equity (19.36%) than 71.79% of its industry peers.
The Return On Invested Capital of DOFG (8.50%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for DOFG is above the industry average of 10.99%.
The last Return On Invested Capital (8.50%) 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 Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.64% | ||
| ROE | 19.36% | ||
| ROIC | 8.5% |
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
The Profit Margin of DOFG (23.25%) is better than 89.74% of its industry peers.
With an excellent Operating Margin value of 22.45%, DOFG belongs to the best of the industry, outperforming 82.05% of the companies in the same industry.
DOFG's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.45% | ||
| PM (TTM) | 23.25% | ||
| 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.
Compared to 1 year ago, DOFG has more shares outstanding
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 5.30. This is a neutral value as DOFG would need 5.30 years to pay back of all of its debts.
The Debt to FCF ratio of DOFG (5.30) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.67 indicates that DOFG is somewhat dependend on debt financing.
The Debt to Equity ratio of DOFG (0.67) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 5.3 | ||
| Altman-Z | N/A |
ROIC/WACC1.01
WACC8.38%
2.3 Liquidity
A Current Ratio of 1.54 indicates that DOFG should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.54, DOFG is in line with its industry, outperforming 48.72% of the companies in the same industry.
A Quick Ratio of 1.54 indicates that DOFG should not have too much problems paying its short term obligations.
DOFG has a Quick ratio of 1.54. This is comparable to the rest of the industry: DOFG outperforms 56.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.54 |
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%.
Looking at the last year, DOFG shows a very strong growth in Revenue. The Revenue has grown by 22.67%.
Measured over the past years, DOFG shows a very strong growth in Revenue. The Revenue has been growing by 23.33% on average per year.
EPS 1Y (TTM)-8.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%13.16%
Revenue 1Y (TTM)22.67%
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 Y70.62%
EPS Next 2Y36.27%
EPS Next 3Y20.51%
EPS Next 5Y17.53%
Revenue Next Year29.09%
Revenue Next 2Y16.37%
Revenue Next 3Y10.71%
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 5.52, 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 82.05% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.46. DOFG is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 5.81, the valuation of DOFG can be described as very cheap.
79.49% of the companies in the same industry are more expensive than DOFG, based on the Price/Forward Earnings ratio.
DOFG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.52 | ||
| Fwd PE | 5.81 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as DOFG.
DOFG's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.8 | ||
| EV/EBITDA | 7.62 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of DOFG may justify a higher PE ratio.
DOFG's earnings are expected to grow with 20.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y36.27%
EPS Next 3Y20.51%
5. Dividend
5.1 Amount
DOFG has a Yearly Dividend Yield of 15.00%, which is a nice return.
Compared to an average industry Dividend Yield of 7.32, DOFG pays a better dividend. On top of this DOFG pays more dividend than 97.44% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, DOFG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DOFG pays out 19.15% of its income as dividend. This is a sustainable payout ratio.
DP19.15%
EPS Next 2Y36.27%
EPS Next 3Y20.51%
OSL:DOFG (12/5/2025, 4:19:56 PM)
95.9
-0.45 (-0.47%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners36.3%
Inst Owner ChangeN/A
Ins Owners2.23%
Ins Owner ChangeN/A
Market Cap23.62B
Revenue(TTM)1.39B
Net Income(TTM)376.00M
Analysts87.14
Price Target131.92 (37.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15% |
Yearly Dividend0.05
Dividend Growth(5Y)N/A
DP19.15%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)35.56%
Min EPS beat(2)13.92%
Max EPS beat(2)57.2%
EPS beat(4)4
Avg EPS beat(4)37.51%
Min EPS beat(4)13.92%
Max EPS beat(4)59.69%
EPS beat(8)5
Avg EPS beat(8)56.5%
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)-0.53%
Min Revenue beat(2)-3.27%
Max Revenue beat(2)2.21%
Revenue beat(4)1
Avg Revenue beat(4)-2.51%
Min Revenue beat(4)-7.02%
Max Revenue beat(4)2.21%
Revenue beat(8)2
Avg Revenue beat(8)-3.45%
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)0.13%
PT rev (3m)2.18%
EPS NQ rev (1m)1.71%
EPS NQ rev (3m)-0.83%
EPS NY rev (1m)0.94%
EPS NY rev (3m)8.69%
Revenue NQ rev (1m)0.59%
Revenue NQ rev (3m)4.55%
Revenue NY rev (1m)1.36%
Revenue NY rev (3m)3.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.52 | ||
| Fwd PE | 5.81 | ||
| P/S | 1.45 | ||
| P/FCF | 7.8 | ||
| P/OCF | 4.8 | ||
| P/B | 1.2 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 7.62 |
EPS(TTM)17.37
EY18.11%
EPS(NY)16.5
Fwd EY17.21%
FCF(TTM)12.3
FCFY12.83%
OCF(TTM)19.97
OCFY20.82%
SpS66.31
BVpS79.64
TBVpS79.51
PEG (NY)0.08
PEG (5Y)N/A
Graham Number176.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.64% | ||
| ROE | 19.36% | ||
| ROCE | 11.04% | ||
| ROIC | 8.5% | ||
| ROICexc | 9.47% | ||
| ROICexgc | 9.48% | ||
| OM | 22.45% | ||
| PM (TTM) | 23.25% | ||
| GM | N/A | ||
| FCFM | 18.55% |
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-Score4
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 5.3 | ||
| Debt/EBITDA | 2.76 | ||
| Cap/Depr | 170% | ||
| Cap/Sales | 11.56% | ||
| Interest Coverage | 2.81 | ||
| Cash Conversion | 102.96% | ||
| Profit Quality | 79.79% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | N/A |
F-Score4
WACC8.38%
ROIC/WACC1.01
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 Y70.62%
EPS Next 2Y36.27%
EPS Next 3Y20.51%
EPS Next 5Y17.53%
Revenue 1Y (TTM)22.67%
Revenue growth 3Y23.33%
Revenue growth 5YN/A
Sales Q2Q%36.76%
Revenue Next Year29.09%
Revenue Next 2Y16.37%
Revenue Next 3Y10.71%
Revenue Next 5Y7.81%
EBIT growth 1Y60.85%
EBIT growth 3Y50.78%
EBIT growth 5YN/A
EBIT Next Year102.88%
EBIT Next 3Y30.57%
EBIT Next 5Y23.36%
FCF growth 1Y313.04%
FCF growth 3Y64.48%
FCF growth 5YN/A
OCF growth 1Y186.12%
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 of DOF GROUP ASA (DOFG.OL) 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 expected EPS growth for DOFG stock?
The Earnings per Share (EPS) of DOF GROUP ASA (DOFG.OL) is expected to grow by 70.62% in the next year.
How sustainable is the dividend of DOF GROUP ASA (DOFG.OL) stock?
The dividend rating of DOF GROUP ASA (DOFG.OL) is 7 / 10 and the dividend payout ratio is 19.15%.