PANORO ENERGY ASA (PEN.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:PEN - NO0010564701 - Common Stock
20.7 NOK
-0.15 (-0.72%)
Taking everything into account, PEN scores 5 out of 10 in our fundamental rating. PEN was compared to 71 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of PEN while its profitability can be described as average. PEN has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- PEN had positive earnings in the past year.
- In the past year PEN had a positive cash flow from operations.
- Of the past 5 years PEN 4 years were profitable.
- Each year in the past 5 years PEN had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 4.63%, PEN is in the better half of the industry, outperforming 67.61% of the companies in the same industry.
- With a decent Return On Equity value of 13.10%, PEN is doing good in the industry, outperforming 74.65% of the companies in the same industry.
- PEN's Return On Invested Capital of 6.50% is fine compared to the rest of the industry. PEN outperforms 61.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.63% | ||
| ROE | 13.1% | ||
| ROIC | 6.5% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- PEN has a Profit Margin of 13.09%. This is in the better half of the industry: PEN outperforms 70.42% of its industry peers.
- PEN's Profit Margin has been stable in the last couple of years.
- With a decent Operating Margin value of 27.31%, PEN is doing good in the industry, outperforming 67.61% of the companies in the same industry.
- PEN's Operating Margin has declined in the last couple of years.
- PEN has a Gross Margin of 105.60%. This is amongst the best in the industry. PEN outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.31% | ||
| PM (TTM) | 13.09% | ||
| GM | 105.6% |
OM growth 3Y3.91%
OM growth 5Y-3.12%
PM growth 3Y-19.47%
PM growth 5Y-0.91%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- PEN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- PEN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- Based on the Altman-Z score of 0.58, we must say that PEN is in the distress zone and has some risk of bankruptcy.
- PEN's Altman-Z score of 0.58 is on the low side compared to the rest of the industry. PEN is outperformed by 81.69% of its industry peers.
- PEN has a debt to FCF ratio of 62.86. This is a negative value and a sign of low solvency as PEN would need 62.86 years to pay back of all of its debts.
- PEN has a Debt to FCF ratio of 62.86. This is in the lower half of the industry: PEN underperforms 71.83% of its industry peers.
- A Debt/Equity ratio of 0.62 indicates that PEN is somewhat dependend on debt financing.
- The Debt to Equity ratio of PEN (0.62) is worse than 61.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 62.86 | ||
| Altman-Z | 0.58 |
ROIC/WACC0.76
WACC8.57%
2.3 Liquidity
- PEN has a Current Ratio of 2.03. This indicates that PEN is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of PEN (2.03) is better than 78.87% of its industry peers.
- A Quick Ratio of 1.07 indicates that PEN should not have too much problems paying its short term obligations.
- PEN has a Quick ratio (1.07) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
- PEN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.17%.
- The Earnings Per Share has been growing by 28.50% on average over the past years. This is a very strong growth
- Looking at the last year, PEN shows a small growth in Revenue. The Revenue has grown by 7.00% in the last year.
- PEN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 44.20% yearly.
EPS 1Y (TTM)-4.17%
EPS 3Y4.54%
EPS 5Y28.5%
EPS Q2Q%-1229.17%
Revenue 1Y (TTM)7%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%76.42%
3.2 Future
- Based on estimates for the next years, PEN will show a decrease in Earnings Per Share. The EPS will decrease by -7.55% on average per year.
- The Revenue is expected to decrease by -6.07% on average over the next years.
EPS Next Y-62.61%
EPS Next 2Y-5.56%
EPS Next 3Y6.49%
EPS Next 5Y-7.55%
Revenue Next Year-16.51%
Revenue Next 2Y-3.71%
Revenue Next 3Y-1.54%
Revenue Next 5Y-6.07%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- 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
- The Price/Earnings ratio is 9.20, which indicates a very decent valuation of PEN.
- 84.51% of the companies in the same industry are more expensive than PEN, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of PEN to the average of the S&P500 Index (28.87), we can say PEN is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 5.04, the valuation of PEN can be described as very cheap.
- PEN's Price/Forward Earnings ratio is rather cheap when compared to the industry. PEN is cheaper than 97.18% of the companies in the same industry.
- PEN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.2 | ||
| Fwd PE | 5.04 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, PEN is valued cheaper than 83.10% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PEN indicates a slightly more expensive valuation: PEN is more expensive than 71.83% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 99.82 | ||
| EV/EBITDA | 2.93 |
4.3 Compensation for Growth
- PEN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.32
EPS Next 2Y-5.56%
EPS Next 3Y6.49%
5. Dividend
5.1 Amount
- PEN has a Yearly Dividend Yield of 13.45%, which is a nice return.
- PEN's Dividend Yield is rather good when compared to the industry average which is at 5.24. PEN pays more dividend than 97.18% of the companies in the same industry.
- PEN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.45% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- PEN pays out 86.50% of its income as dividend. This is not a sustainable payout ratio.
DP86.5%
EPS Next 2Y-5.56%
EPS Next 3Y6.49%
PANORO ENERGY ASA / PEN.OL FAQ
What is the ChartMill fundamental rating of PANORO ENERGY ASA (PEN.OL) stock?
ChartMill assigns a fundamental rating of 5 / 10 to PEN.OL.
What is the valuation status of PANORO ENERGY ASA (PEN.OL) stock?
ChartMill assigns a valuation rating of 6 / 10 to PANORO ENERGY ASA (PEN.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for PANORO ENERGY ASA?
PANORO ENERGY ASA (PEN.OL) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for PEN stock?
The Earnings per Share (EPS) of PANORO ENERGY ASA (PEN.OL) is expected to decline by -62.61% in the next year.
Can you provide the dividend sustainability for PEN stock?
The dividend rating of PANORO ENERGY ASA (PEN.OL) is 5 / 10 and the dividend payout ratio is 86.5%.