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 60 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 has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PEN was profitable.
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
The Return On Assets of PEN (5.04%) is comparable to the rest of the industry.
PEN's Return On Equity of 14.13% is in line compared to the rest of the industry. PEN outperforms 58.33% of its industry peers.
With a Return On Invested Capital value of 6.95%, PEN perfoms like the industry average, outperforming 48.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 14.13% | ||
| ROIC | 6.95% |
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
Looking at the Profit Margin, with a value of 16.29%, PEN is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
In the last couple of years the Profit Margin of PEN has remained more or less at the same level.
Looking at the Operating Margin, with a value of 32.57%, PEN is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of PEN has declined.
PEN has a better Gross Margin (115.43%) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.57% | ||
| PM (TTM) | 16.29% | ||
| GM | 115.43% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PEN is destroying 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
PEN has an Altman-Z score of 0.57. This is a bad value and indicates that PEN is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.57, PEN is doing worse than 80.00% of the companies in the same industry.
A Debt/Equity ratio of 0.58 indicates that PEN is somewhat dependend on debt financing.
PEN has a Debt to Equity ratio of 0.58. This is comparable to the rest of the industry: PEN outperforms 41.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.57 |
ROIC/WACC0.8
WACC8.65%
2.3 Liquidity
PEN has a Current Ratio of 1.90. This is a normal value and indicates that PEN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.90, PEN is in the better half of the industry, outperforming 68.33% of the companies in the same industry.
A Quick Ratio of 0.98 indicates that PEN may have some problems paying its short term obligations.
The Quick ratio of PEN (0.98) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
PEN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
PEN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 28.50% yearly.
PEN shows a decrease in Revenue. In the last year, the revenue decreased by -3.72%.
The Revenue has been growing by 44.20% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)0%
EPS 3Y4.54%
EPS 5Y28.5%
EPS Q2Q%-210%
Revenue 1Y (TTM)-3.72%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%-72.43%
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 -8.45% on average over the next years.
EPS Next Y26.07%
EPS Next 2Y15.56%
EPS Next 3Y13.59%
EPS Next 5Y-7.55%
Revenue Next Year-0.55%
Revenue Next 2Y1.66%
Revenue Next 3Y-0.26%
Revenue Next 5Y-8.45%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
Based on the Price/Earnings ratio of 8.68, the valuation of PEN can be described as reasonable.
71.67% of the companies in the same industry are more expensive than PEN, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.50, PEN is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 3.60, the valuation of PEN can be described as very cheap.
98.33% of the companies in the same industry are more expensive than PEN, based on the Price/Forward Earnings ratio.
PEN is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.68 | ||
| Fwd PE | 3.6 |
4.2 Price Multiples
PEN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PEN is cheaper than 78.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.78 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEN's earnings are expected to grow with 13.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.33
PEG (5Y)0.3
EPS Next 2Y15.56%
EPS Next 3Y13.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.77%, PEN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 58.69, PEN pays a bit more dividend than its industry peers.
PEN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.77% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
58.22% of the earnings are spent on dividend by PEN. This is a bit on the high side, but may be sustainable.
DP58.22%
EPS Next 2Y15.56%
EPS Next 3Y13.59%
OSL:PEN (7/18/2025, 7:00:00 PM)
23.35
+0.25 (+1.08%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners39%
Inst Owner ChangeN/A
Ins Owners6.15%
Ins Owner ChangeN/A
Market Cap2.65B
Analysts84.62
Price Target41.06 (75.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.77% |
Yearly Dividend2.9
Dividend Growth(5Y)N/A
DP58.22%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.3%
Min EPS beat(2)-24.47%
Max EPS beat(2)9.86%
EPS beat(4)1
Avg EPS beat(4)-42.27%
Min EPS beat(4)-100%
Max EPS beat(4)9.86%
EPS beat(8)1
Avg EPS beat(8)-36.73%
EPS beat(12)2
Avg EPS beat(12)-48.06%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-13.17%
Min Revenue beat(2)-33.39%
Max Revenue beat(2)7.04%
Revenue beat(4)1
Avg Revenue beat(4)-13.31%
Min Revenue beat(4)-33.39%
Max Revenue beat(4)7.04%
Revenue beat(8)3
Avg Revenue beat(8)-10.93%
Revenue beat(12)5
Avg Revenue beat(12)-17.01%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-1.49%
EPS NQ rev (1m)-10.2%
EPS NQ rev (3m)8.64%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.59%
Revenue NQ rev (1m)-3.91%
Revenue NQ rev (3m)-3.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-9.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.68 | ||
| Fwd PE | 3.6 | ||
| P/S | 1.18 | ||
| P/FCF | N/A | ||
| P/OCF | 3.79 | ||
| P/B | 1.02 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | 2.78 |
EPS(TTM)2.69
EY11.52%
EPS(NY)6.49
Fwd EY27.78%
FCF(TTM)-1.36
FCFYN/A
OCF(TTM)6.17
OCFY26.41%
SpS19.85
BVpS22.88
TBVpS22.88
PEG (NY)0.33
PEG (5Y)0.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 14.13% | ||
| ROCE | 11.35% | ||
| ROIC | 6.95% | ||
| ROICexc | 7.57% | ||
| ROICexgc | 7.57% | ||
| OM | 32.57% | ||
| PM (TTM) | 16.29% | ||
| GM | 115.43% | ||
| 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 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 Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.16 | ||
| Cap/Depr | 148.75% | ||
| Cap/Sales | 37.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 53.5% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 0.57 |
F-Score6
WACC8.65%
ROIC/WACC0.8
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)0%
EPS 3Y4.54%
EPS 5Y28.5%
EPS Q2Q%-210%
EPS Next Y26.07%
EPS Next 2Y15.56%
EPS Next 3Y13.59%
EPS Next 5Y-7.55%
Revenue 1Y (TTM)-3.72%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%-72.43%
Revenue Next Year-0.55%
Revenue Next 2Y1.66%
Revenue Next 3Y-0.26%
Revenue Next 5Y-8.45%
EBIT growth 1Y-24.67%
EBIT growth 3Y38.27%
EBIT growth 5Y39.7%
EBIT Next Year50.1%
EBIT Next 3Y14.27%
EBIT Next 5Y0.58%
FCF growth 1Y-125.36%
FCF growth 3Y-13.96%
FCF growth 5YN/A
OCF growth 1Y-46.45%
OCF growth 3Y16.89%
OCF growth 5Y55.64%