DOF GROUP ASA (DOFG.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:DOFG - NO0012851874 - Common Stock
110.55 NOK
+1.35 (+1.24%)
DOFG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 36 industry peers in the Energy Equipment & Services industry. DOFG has only an average score on both its financial health and profitability. 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.
- The reported net income has been mixed in the past 5 years: DOFG reported negative net income in multiple years.
- DOFG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of DOFG (10.24%) is better than 86.11% of its industry peers.
- 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.
- DOFG's Return On Invested Capital of 8.67% is in line compared to the rest of the industry. DOFG outperforms 58.33% of its industry peers.
- The Average Return On Invested Capital over the past 3 years 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
- The Profit Margin of DOFG (23.77%) is better than 86.11% of its industry peers.
- Looking at the Operating Margin, with a value of 22.56%, DOFG belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
- 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DOFG is 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.
2.2 Solvency
- The Debt to FCF ratio of DOFG is 5.82, which is a neutral value as it means it would take DOFG, 5.82 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 5.82, DOFG perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
- A Debt/Equity ratio of 0.75 indicates that 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.
- The Current ratio of DOFG (1.96) is better than 69.44% of its industry peers.
- A Quick Ratio of 1.96 indicates that DOFG should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.96, DOFG is in the better half of 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
- DOFG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.10%.
- DOFG shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.95%.
- The Revenue has been growing by 23.33% on average over the past years. This is a very strong growth!
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.
- 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 2Y17.2%
Revenue Next 3Y11.09%
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
- With a Price/Earnings ratio of 6.56, the valuation of DOFG can be described as very cheap.
- Compared to the rest of the industry, the Price/Earnings ratio of DOFG indicates a rather cheap valuation: DOFG is cheaper than 83.33% of the companies listed in the same industry.
- DOFG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.87.
- A Price/Forward Earnings ratio of 6.88 indicates a rather cheap valuation of DOFG.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of DOFG indicates a rather cheap valuation: DOFG is cheaper than 80.56% of the companies listed in the same industry.
- DOFG is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.96, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.56 | ||
| Fwd PE | 6.88 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as DOFG.
- 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 Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.61 | ||
| EV/EBITDA | 7.85 |
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.
- 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
- With a Yearly Dividend Yield of 13.08%, DOFG is a good candidate for dividend investing.
- DOFG's Dividend Yield is rather good when compared to the industry average which is at 3.63. DOFG pays more dividend than 100.00% of the companies in the same industry.
- DOFG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| 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
- 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%
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 6.56 and the Price/Book (PB) ratio is 1.4.
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%.