DOF GROUP ASA (DOFG.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:DOFG - NO0012851874 - Common Stock
92.7 NOK
-0.75 (-0.8%)
Taking everything into account, DOFG scores 6 out of 10 in our fundamental rating. 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally DOFG also has an excellent dividend rating.
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.
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.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.64%, DOFG is in the better half of the industry, outperforming 79.49% of the companies in the same industry.
DOFG's Return On Equity of 19.36% is fine compared to the rest of the industry. DOFG outperforms 71.79% of its industry peers.
DOFG has a Return On Invested Capital of 8.50%. This is comparable to the rest of the industry: DOFG outperforms 53.85% of its industry peers.
DOFG had an Average Return On Invested Capital over the past 3 years of 13.09%. This 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.
Looking at the Operating Margin, with a value of 22.45%, DOFG belongs to the top of the industry, outperforming 82.05% 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 | 22.45% | ||
| 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
DOFG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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
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.
DOFG has a Debt to FCF ratio (5.30) which is comparable to the rest of the industry.
DOFG has a Debt/Equity ratio of 0.67. This is a neutral value indicating DOFG is somewhat dependend on debt financing.
DOFG has a Debt to Equity ratio (0.67) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 5.3 | ||
| Altman-Z | N/A |
ROIC/WACC1.02
WACC8.34%
2.3 Liquidity
DOFG has a Current Ratio of 1.54. 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 Current ratio (1.54) which is in line with its industry peers.
A Quick Ratio of 1.54 indicates that DOFG should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.54, DOFG perfoms like the industry average, outperforming 56.41% of the companies in the same industry.
| 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%.
DOFG shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.67%.
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)22.67%
Revenue growth 3Y23.33%
Revenue growth 5YN/A
Sales Q2Q%36.76%
3.2 Future
The Earnings Per Share is expected to grow by 20.51% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 10.71% on average over the next years. This is quite good.
EPS Next Y70.62%
EPS Next 2Y36.27%
EPS Next 3Y20.51%
EPS Next 5YN/A
Revenue Next Year29.09%
Revenue Next 2Y16.37%
Revenue Next 3Y10.71%
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 5.28, which indicates a rather cheap valuation of DOFG.
Based on the Price/Earnings ratio, DOFG is valued cheaply inside the industry as 82.05% of the companies are valued more expensively.
DOFG is valuated cheaply when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
DOFG is valuated cheaply with a Price/Forward Earnings ratio of 5.55.
Based on the Price/Forward Earnings ratio, DOFG is valued a bit cheaper than the industry average as 79.49% of the companies are valued more expensively.
DOFG is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.28 | ||
| Fwd PE | 5.55 |
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 is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.45 | ||
| EV/EBITDA | 7.41 |
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 20.51% in the coming years.
PEG (NY)0.07
PEG (5Y)N/A
EPS Next 2Y36.27%
EPS Next 3Y20.51%
5. Dividend
5.1 Amount
DOFG has a Yearly Dividend Yield of 14.62%, which is a nice return.
DOFG's Dividend Yield is rather good when compared to the industry average which is at 7.32. DOFG pays more dividend than 97.44% of the companies in the same industry.
DOFG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.62% |
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 (11/25/2025, 7:00:00 PM)
92.7
-0.75 (-0.8%)
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 Cap22.83B
Revenue(TTM)1.39B
Net Income(TTM)376.00M
Analysts87.14
Price Target131.92 (42.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.62% |
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)-27.88%
EPS NY rev (1m)0.94%
EPS NY rev (3m)8.69%
Revenue NQ rev (1m)0.59%
Revenue NQ rev (3m)7.76%
Revenue NY rev (1m)1.36%
Revenue NY rev (3m)3.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.28 | ||
| Fwd PE | 5.55 | ||
| P/S | 1.38 | ||
| P/FCF | 7.45 | ||
| P/OCF | 4.59 | ||
| P/B | 1.15 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 7.41 |
EPS(TTM)17.57
EY18.95%
EPS(NY)16.69
Fwd EY18.01%
FCF(TTM)12.45
FCFY13.43%
OCF(TTM)20.2
OCFY21.79%
SpS67.08
BVpS80.56
TBVpS80.44
PEG (NY)0.07
PEG (5Y)N/A
Graham Number178.46
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
WACC8.34%
ROIC/WACC1.02
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 5YN/A
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 5YN/A
EBIT growth 1Y60.85%
EBIT growth 3Y50.78%
EBIT growth 5YN/A
EBIT Next Year102.88%
EBIT Next 3Y30.57%
EBIT Next 5YN/A
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 6 / 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%.