DOF GROUP ASA (DOFG.OL) Stock Fundamental Analysis

OSL:DOFG • NO0012851874

126.6 NOK
-1.1 (-0.86%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

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. While DOFG has a great profitability rating, there are some minor concerns on its financial health. 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

7

1. Profitability

1.1 Basic Checks

  • DOFG had positive earnings in the past year.
  • DOFG had a positive operating cash flow in the past year.
  • Of the past 5 years DOFG 4 years were profitable.
  • DOFG had a positive operating cash flow in each of the past 5 years.
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 2025 0 200M -200M 400M -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.
  • 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 has a Return On Invested Capital of 8.67%. This is comparable to the rest of the industry: DOFG outperforms 58.33% of 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 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 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 2025 0 500 1K 1.5K

1.3 Margins

  • Looking at the Profit Margin, with a value of 23.77%, DOFG belongs to the top of the industry, outperforming 86.11% of the companies in the same industry.
  • DOFG's Operating Margin of 22.56% is amongst the best of the industry. DOFG outperforms 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 2025 0 20 -20 -40 -60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • DOFG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for DOFG remains at a similar level compared to 1 year ago.
  • DOFG has more shares outstanding than it did 5 years 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 2025 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 2025 1B 2B 3B 4B

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.
  • DOFG has a Debt to FCF ratio of 5.82. This is comparable to the rest of the industry: DOFG outperforms 41.67% of its industry peers.
  • A Debt/Equity ratio of 0.75 indicates that DOFG is somewhat dependend on debt financing.
  • DOFG has a Debt to Equity ratio of 0.75. This is comparable to the rest of the industry: DOFG outperforms 41.67% of its industry peers.
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 2025 0 500M 1B 1.5B 2B

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.
  • 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.
  • 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 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 2025 500M 1B 1.5B 2B

More info and screens

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

5

3. Growth

3.1 Past

  • The earnings per share for DOFG have decreased by -8.10% in the last year.
  • The Revenue has grown by 36.95% in the past year. This is a very strong growth!
  • 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)36.95%
Revenue growth 3Y23.33%
Revenue growth 5YN/A
Sales Q2Q%36.76%

3.2 Future

  • The Earnings Per Share is expected to grow by 17.53% on average over the next years. This is quite good.
  • 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 2Y18.07%
Revenue Next 3Y12.51%
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.
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

More info and screens

Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 7.70, 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 80.56% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of DOFG to the average of the S&P500 Index (27.10), we can say DOFG is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 8.08, the valuation of DOFG can be described as very reasonable.
  • Based on the Price/Forward Earnings ratio, DOFG is valued cheaply inside the industry as 80.56% of the companies are valued more expensively.
  • DOFG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 7.7
Fwd PE 8.08
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

  • DOFG's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. DOFG is more expensive than 61.11% of the companies in the same industry.
  • DOFG's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 11.29
EV/EBITDA 8.93
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

  • 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)0.11
PEG (5Y)N/A
EPS Next 2Y36.47%
EPS Next 3Y22.09%

More info and screens

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

7

5. Dividend

5.1 Amount

  • DOFG has a Yearly Dividend Yield of 10.48%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.15, DOFG pays a better dividend. On top of this DOFG pays more dividend than 100.00% of the companies listed in the same industry.
  • DOFG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 10.48%

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%
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 2025 0 200M -200M 400M -400M
DOFG.OL Dividend Payout.DOFG.OL Dividend Payout, showing the Payout Ratio.DOFG.OL Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

DOF GROUP ASA

OSL:DOFG (2/27/2026, 7:00:00 PM)

126.6

-1.1 (-0.86%)

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 Cap31.18B
Revenue(TTM)1.74B
Net Income(TTM)414.00M
Analysts86.15
Price Target138.04 (9.04%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 10.48%
Yearly Dividend9.02
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 7.7
Fwd PE 8.08
P/S 1.87
P/FCF 11.29
P/OCF 6.36
P/B 1.65
P/tB 1.65
EV/EBITDA 8.93
EPS(TTM)16.44
EY12.99%
EPS(NY)15.67
Fwd EY12.37%
FCF(TTM)11.22
FCFY8.86%
OCF(TTM)19.91
OCFY15.73%
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 7.7 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%.