DOF GROUP ASA (DOFG.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:DOFG - NO0012851874 - Common Stock
110.4 NOK
+2.2 (+2.03%)
Overall DOFG gets a fundamental rating of 5 out of 10. We evaluated DOFG against 38 industry peers in the Energy Equipment & Services industry. While DOFG is still in line with the averages on profitability rating, there are concerns on its financial health. DOFG is valued quite cheap, while showing a decent growth score. This is a good combination! 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.
- The reported net income has been mixed in the past 5 years: DOFG reported negative net income in multiple years.
- Each year in the past 5 years DOFG had a positive operating cash flow.
1.2 Ratios
- DOFG has a Return On Assets of 10.24%. This is amongst the best in the industry. DOFG outperforms 86.84% of its industry peers.
- DOFG's Return On Equity of 20.93% is fine compared to the rest of the industry. DOFG outperforms 78.95% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 8.67%, DOFG is in line with its industry, outperforming 55.26% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for DOFG is above the industry average of 10.43%.
- The last Return On Invested Capital (8.67%) 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 | 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
- Looking at the Profit Margin, with a value of 23.77%, DOFG belongs to the top of the industry, outperforming 86.84% of the companies in the same industry.
- The Operating Margin of DOFG (22.56%) is better than 84.21% of its industry peers.
- DOFG's Operating Margin has improved in the last couple of years.
| 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
- 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.
- DOFG has a better debt/assets ratio than last year.
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 in the lower half of the industry: DOFG underperforms 60.53% of its industry peers.
- A Debt/Equity ratio of 0.75 indicates that DOFG is somewhat dependend on debt financing.
- DOFG has a worse Debt to Equity ratio (0.75) than 60.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | N/A |
ROIC/WACC1.04
WACC8.37%
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 71.05% of the companies in the same industry.
- 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.
- The Quick ratio of DOFG (1.96) is better than 73.68% of its industry peers.
| 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.
- DOFG shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.95%.
- 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
- 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 2Y37.12%
EPS Next 3Y20.19%
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
- With a Price/Earnings ratio of 6.49, the valuation of DOFG can be described as very cheap.
- Based on the Price/Earnings ratio, DOFG is valued cheaply inside the industry as 84.21% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of DOFG to the average of the S&P500 Index (27.32), we can say DOFG is valued rather cheaply.
- A Price/Forward Earnings ratio of 6.75 indicates a rather cheap valuation of DOFG.
- 81.58% 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 24.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.49 | ||
| Fwd PE | 6.75 |
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 indicates a somewhat cheap valuation: DOFG is cheaper than 60.53% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.51 | ||
| EV/EBITDA | 7.75 |
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 20.19% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y37.12%
EPS Next 3Y20.19%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 13.20%, DOFG is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.61, 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 1.83, DOFG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.2% |
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 2Y37.12%
EPS Next 3Y20.19%
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 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 6.49 and the Price/Book (PB) ratio is 1.39.
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%.