PANORO ENERGY ASA (PEN.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:PEN - NO0010564701 - Common Stock
19.63 NOK
+0.25 (+1.29%)
We assign a fundamental rating of 4 out of 10 to PEN. PEN was compared to 69 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 not valued too expensively and it also shows a decent 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.
PEN had positive earnings in 4 of the past 5 years.
Each year in the past 5 years PEN had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 4.92%, PEN is doing good in the industry, outperforming 69.57% of the companies in the same industry.
PEN has a better Return On Equity (13.78%) than 72.46% of its industry peers.
PEN has a Return On Invested Capital (6.52%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.92% | ||
| ROE | 13.78% | ||
| ROIC | 6.52% |
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 16.37%. This is in the better half of the industry: PEN outperforms 75.36% of its industry peers.
In the last couple of years the Profit Margin of PEN has remained more or less at the same level.
PEN has a better Operating Margin (31.65%) than 81.16% of its industry peers.
PEN's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 121.36%, PEN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.65% | ||
| PM (TTM) | 16.37% | ||
| GM | 121.37% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PEN 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
PEN has an Altman-Z score of 0.52. This is a bad value and indicates that PEN is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.52, PEN is not doing good in the industry: 81.16% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.59 indicates that PEN is somewhat dependend on debt financing.
PEN's Debt to Equity ratio of 0.59 is in line compared to the rest of the industry. PEN outperforms 43.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.76
WACC8.57%
2.3 Liquidity
PEN has a Current Ratio of 1.92. This is a normal value and indicates that PEN is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of PEN (1.92) is better than 73.91% of its industry peers.
A Quick Ratio of 0.95 indicates that PEN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.95, PEN is in line with its industry, outperforming 43.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.92 | ||
| Quick Ratio | 0.95 |
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%.
Measured over the past years, PEN shows a very strong growth in Earnings Per Share. The EPS has been growing by 28.50% on average per year.
Looking at the last year, PEN shows a very strong growth in Revenue. The Revenue has grown by 22.89%.
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%N/A
Revenue 1Y (TTM)22.89%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%76.42%
3.2 Future
The Earnings Per Share is expected to decrease by -7.55% on average over the next years.
PEN is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -8.45% yearly.
EPS Next Y-11.89%
EPS Next 2Y10.19%
EPS Next 3Y8.39%
EPS Next 5Y-7.55%
Revenue Next Year-11.72%
Revenue Next 2Y0.27%
Revenue Next 3Y0.19%
Revenue Next 5Y-8.45%
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
With a Price/Earnings ratio of 8.46, the valuation of PEN can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of PEN indicates a rather cheap valuation: PEN is cheaper than 86.96% of the companies listed in the same industry.
PEN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.37.
Based on the Price/Forward Earnings ratio of 3.41, the valuation of PEN can be described as very cheap.
Based on the Price/Forward Earnings ratio, PEN is valued cheaper than 100.00% 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 36.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.46 | ||
| Fwd PE | 3.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PEN is valued cheaply inside the industry as 86.96% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.51 |
4.3 Compensation for Growth
The decent profitability rating of PEN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y10.19%
EPS Next 3Y8.39%
5. Dividend
5.1 Amount
PEN has a Yearly Dividend Yield of 14.19%, which is a nice return.
Compared to an average industry Dividend Yield of 7.87, PEN pays a better dividend. On top of this PEN pays more dividend than 95.65% of the companies listed in the same industry.
PEN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.19% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PEN pays out 68.53% of its income as dividend. This is not a sustainable payout ratio.
DP68.53%
EPS Next 2Y10.19%
EPS Next 3Y8.39%
OSL:PEN (12/4/2025, 1:07:18 PM)
19.63
+0.25 (+1.29%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners38.74%
Inst Owner ChangeN/A
Ins Owners6.15%
Ins Owner ChangeN/A
Market Cap2.23B
Revenue(TTM)267.89M
Net Income(TTM)34.56M
Analysts80
Price Target34.34 (74.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.19% |
Yearly Dividend2.91
Dividend Growth(5Y)N/A
DP68.53%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-37.48%
Min EPS beat(2)-50.49%
Max EPS beat(2)-24.47%
EPS beat(4)1
Avg EPS beat(4)-41.28%
Min EPS beat(4)-100%
Max EPS beat(4)9.86%
EPS beat(8)1
Avg EPS beat(8)-42.62%
EPS beat(12)2
Avg EPS beat(12)-35.69%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-28.43%
Min Revenue beat(2)-33.39%
Max Revenue beat(2)-23.47%
Revenue beat(4)1
Avg Revenue beat(4)-19.01%
Min Revenue beat(4)-33.39%
Max Revenue beat(4)7.04%
Revenue beat(8)3
Avg Revenue beat(8)-10.72%
Revenue beat(12)5
Avg Revenue beat(12)-11.77%
Revenue beat(16)6
Avg Revenue beat(16)-15.46%
PT rev (1m)-6.91%
PT rev (3m)-6.48%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-42.31%
EPS NY rev (1m)-15.46%
EPS NY rev (3m)-9.23%
Revenue NQ rev (1m)-2.29%
Revenue NQ rev (3m)-20.31%
Revenue NY rev (1m)-4.19%
Revenue NY rev (3m)-5.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.46 | ||
| Fwd PE | 3.41 | ||
| P/S | 1.05 | ||
| P/FCF | N/A | ||
| P/OCF | 4.35 | ||
| P/B | 0.88 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 2.51 |
EPS(TTM)2.32
EY11.82%
EPS(NY)5.75
Fwd EY29.29%
FCF(TTM)-2.72
FCFYN/A
OCF(TTM)4.52
OCFY23%
SpS18.75
BVpS22.28
TBVpS22.28
PEG (NY)N/A
PEG (5Y)0.3
Graham Number34.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.92% | ||
| ROE | 13.78% | ||
| ROCE | 10.66% | ||
| ROIC | 6.52% | ||
| ROICexc | 7.16% | ||
| ROICexgc | 7.16% | ||
| OM | 31.65% | ||
| PM (TTM) | 16.37% | ||
| GM | 121.37% | ||
| 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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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
F-Score6
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.19 | ||
| Cap/Depr | 143.59% | ||
| Cap/Sales | 38.59% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 41.14% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.92 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 0.52 |
F-Score6
WACC8.57%
ROIC/WACC0.76
Cap/Depr(3y)181.17%
Cap/Depr(5y)188.95%
Cap/Sales(3y)35.09%
Cap/Sales(5y)42.32%
Profit Quality(3y)98.08%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.17%
EPS 3Y4.54%
EPS 5Y28.5%
EPS Q2Q%N/A
EPS Next Y-11.89%
EPS Next 2Y10.19%
EPS Next 3Y8.39%
EPS Next 5Y-7.55%
Revenue 1Y (TTM)22.89%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%76.42%
Revenue Next Year-11.72%
Revenue Next 2Y0.27%
Revenue Next 3Y0.19%
Revenue Next 5Y-8.45%
EBIT growth 1Y-46.9%
EBIT growth 3Y38.27%
EBIT growth 5Y39.7%
EBIT Next Year49.23%
EBIT Next 3Y16.89%
EBIT Next 5Y0.58%
FCF growth 1Y-157.02%
FCF growth 3Y-13.96%
FCF growth 5YN/A
OCF growth 1Y-59.69%
OCF growth 3Y16.89%
OCF growth 5Y55.64%
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 4 / 10 to PEN.OL.
Can you provide the valuation status for PANORO ENERGY ASA?
ChartMill assigns a valuation rating of 6 / 10 to PANORO ENERGY ASA (PEN.OL). This can be considered as Fairly Valued.
What is the profitability of PEN stock?
PANORO ENERGY ASA (PEN.OL) has a profitability rating of 6 / 10.
What are the PE and PB ratios of PANORO ENERGY ASA (PEN.OL) stock?
The Price/Earnings (PE) ratio for PANORO ENERGY ASA (PEN.OL) is 8.46 and the Price/Book (PB) ratio is 0.88.
Can you provide the financial health for PEN stock?
The financial health rating of PANORO ENERGY ASA (PEN.OL) is 2 / 10.