PANORO ENERGY ASA (PEN.OL) Stock Fundamental Analysis
OSL:PEN - Euronext Oslo - NO0010564701 - Common Stock - Currency: NOK
PEN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 63 industry peers in the Oil, Gas & Consumable Fuels industry. While PEN is still in line with the averages on profitability rating, there are concerns on its financial health. PEN is valued correctly, but it does not seem to be growing.
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.
PEN had positive earnings in 4 of the past 5 years.
PEN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PEN has a Return On Assets (4.52%) which is comparable to the rest of the industry.
PEN's Return On Equity of 11.95% is in line compared to the rest of the industry. PEN outperforms 49.21% of its industry peers.
PEN has a better Return On Invested Capital (11.94%) than 69.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.52% | ||
| ROE | 11.95% | ||
| ROIC | 11.94% |
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's Profit Margin of 13.00% is fine compared to the rest of the industry. PEN outperforms 60.32% of its industry peers.
PEN has a better Operating Margin (37.07%) than 77.78% of its industry peers.
PEN has a better Gross Margin (102.40%) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.07% | ||
| PM (TTM) | 13% | ||
| GM | 102.4% |
OM growth 3YN/A
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PEN is still creating some value.
There is no outstanding debt for PEN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 0.54, we must say that PEN is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.54, PEN is not doing good in the industry: 74.60% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.18 indicates that PEN is not too dependend on debt financing.
PEN has a Debt to Equity ratio of 0.18. This is in the better half of the industry: PEN outperforms 76.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.54 |
ROIC/WACC1.51
WACC7.92%
2.3 Liquidity
A Current Ratio of 0.89 indicates that PEN may have some problems paying its short term obligations.
PEN's Current ratio of 0.89 is on the low side compared to the rest of the industry. PEN is outperformed by 84.13% of its industry peers.
PEN has a Quick Ratio of 0.89. This is a bad value and indicates that PEN is not financially healthy enough and could expect problems in meeting its short term obligations.
PEN has a Quick ratio of 0.17. This is amonst the worse of the industry: PEN underperforms 95.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
The earnings per share for PEN have decreased strongly by -29.41% in the last year.
The Revenue has decreased by -5.57% in the past year.
Measured over the past years, PEN shows a very strong growth in Revenue. The Revenue has been growing by 78.32% on average per year.
EPS 1Y (TTM)-29.41%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
Revenue 1Y (TTM)-5.57%
Revenue growth 3Y108.16%
Revenue growth 5Y78.32%
Sales Q2Q%-66.46%
3.2 Future
Based on estimates for the next years, PEN will show a small growth in Earnings Per Share. The EPS will grow by 3.44% on average per year.
PEN is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.52% yearly.
EPS Next Y61.37%
EPS Next 2Y57.07%
EPS Next 3Y31.03%
EPS Next 5Y3.44%
Revenue Next Year13%
Revenue Next 2Y11.6%
Revenue Next 3Y7.4%
Revenue Next 5Y-4.52%
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 10.12, the valuation of PEN can be described as very reasonable.
PEN's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 29.35, PEN is valued rather cheaply.
PEN is valuated cheaply with a Price/Forward Earnings ratio of 3.39.
Based on the Price/Forward Earnings ratio, PEN is valued cheaper than 96.83% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, PEN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.12 | ||
| Fwd PE | 3.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PEN is valued a bit cheaper than 73.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.51 |
4.3 Compensation for Growth
PEN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as PEN's earnings are expected to grow with 31.03% in the coming years.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y57.07%
EPS Next 3Y31.03%
5. Dividend
5.1 Amount
PEN has a Yearly Dividend Yield of 8.19%, which is a nice return.
PEN's Dividend Yield is a higher than the industry average which is at 59.75.
Compared to an average S&P500 Dividend Yield of 2.33, PEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.19% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PEN pays out 60.48% of its income as dividend. This is not a sustainable payout ratio.
DP60.48%
EPS Next 2Y57.07%
EPS Next 3Y31.03%
OSL:PEN (3/7/2025, 7:00:00 PM)
26.3
+2.3 (+9.58%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners37.84%
Inst Owner ChangeN/A
Ins Owners5.94%
Ins Owner ChangeN/A
Market Cap3.08B
Analysts85
Price Target41.53 (57.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.19% |
Yearly Dividend3.1
Dividend Growth(5Y)N/A
DP60.48%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-77.24%
Min EPS beat(2)-100%
Max EPS beat(2)-54.48%
EPS beat(4)0
Avg EPS beat(4)-65.97%
Min EPS beat(4)-100%
Max EPS beat(4)-25.74%
EPS beat(8)1
Avg EPS beat(8)-44.02%
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)0
Avg Revenue beat(2)-13.45%
Min Revenue beat(2)-26.2%
Max Revenue beat(2)-0.69%
Revenue beat(4)1
Avg Revenue beat(4)-12.86%
Min Revenue beat(4)-32.29%
Max Revenue beat(4)7.77%
Revenue beat(8)3
Avg Revenue beat(8)-11.58%
Revenue beat(12)5
Avg Revenue beat(12)-13.22%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-3.06%
PT rev (3m)-6.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.48%
EPS NY rev (1m)-10.61%
EPS NY rev (3m)-28.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.07%
Revenue NY rev (1m)-1.45%
Revenue NY rev (3m)-9.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.12 | ||
| Fwd PE | 3.39 | ||
| P/S | 1.27 | ||
| P/FCF | N/A | ||
| P/OCF | 3.77 | ||
| P/B | 1.17 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | 2.51 |
EPS(TTM)2.6
EY9.89%
EPS(NY)7.75
Fwd EY29.46%
FCF(TTM)-1.89
FCFYN/A
OCF(TTM)6.98
OCFY26.55%
SpS20.65
BVpS22.47
TBVpS22.47
PEG (NY)0.16
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.52% | ||
| ROE | 11.95% | ||
| ROCE | 15.5% | ||
| ROIC | 11.94% | ||
| ROICexc | 12.37% | ||
| ROICexgc | 12.37% | ||
| OM | 37.07% | ||
| PM (TTM) | 13% | ||
| GM | 102.4% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.32 | ||
| Cap/Depr | 185.7% | ||
| Cap/Sales | 42.98% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 56.15% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | 0.54 |
F-Score4
WACC7.92%
ROIC/WACC1.51
Cap/Depr(3y)185.36%
Cap/Depr(5y)176.79%
Cap/Sales(3y)38.6%
Cap/Sales(5y)40.62%
Profit Quality(3y)102.86%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-29.41%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
EPS Next Y61.37%
EPS Next 2Y57.07%
EPS Next 3Y31.03%
EPS Next 5Y3.44%
Revenue 1Y (TTM)-5.57%
Revenue growth 3Y108.16%
Revenue growth 5Y78.32%
Sales Q2Q%-66.46%
Revenue Next Year13%
Revenue Next 2Y11.6%
Revenue Next 3Y7.4%
Revenue Next 5Y-4.52%
EBIT growth 1Y-14.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year48.05%
EBIT Next 3Y17.19%
EBIT Next 5Y-2.13%
FCF growth 1Y-154.48%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-30.25%
OCF growth 3Y461.94%
OCF growth 5YN/A