PANORO ENERGY ASA (PEN.OL) Stock Fundamental Analysis
OSL:PEN • NO0010564701
23.25 NOK
+0.75 (+3.33%)
Last: Feb 18, 2026, 04:18 PM
Overall PEN gets a fundamental rating of 4 out of 10. We evaluated PEN against 77 industry peers in the Oil, Gas & Consumable Fuels industry. PEN has a medium profitability rating, but doesn't score so well on its financial health evaluation. PEN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year PEN was profitable.
- PEN had a positive operating cash flow in the past year.
- Of the past 5 years PEN 4 years were profitable.
- In the past 5 years PEN always reported a positive cash flow from operatings.
1.2 Ratios
- PEN has a better Return On Assets (4.63%) than 62.34% of its industry peers.
- With a decent Return On Equity value of 13.10%, PEN is doing good in the industry, outperforming 72.73% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 6.50%, PEN is in line with its industry, outperforming 58.44% of the companies in the same industry.
| 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 better Profit Margin (13.09%) than 70.13% of its industry peers.
- In the last couple of years the Profit Margin of PEN has remained more or less at the same level.
- The Operating Margin of PEN (27.31%) is better than 70.13% of its industry peers.
- In the last couple of years the Operating Margin of PEN has declined.
- 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
- PEN has an Altman-Z score of 0.62. 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 0.62, PEN is not doing good in the industry: 80.52% of the companies in the same industry are doing better.
- The Debt to FCF ratio of PEN is 62.86, which is on the high side as it means it would take PEN, 62.86 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 62.86, PEN is doing worse than 74.03% of the companies in the same industry.
- A Debt/Equity ratio of 0.62 indicates that PEN is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.62, PEN perfoms like the industry average, outperforming 40.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 62.86 | ||
| Altman-Z | 0.62 |
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.
- PEN has a Current ratio of 2.03. This is amongst the best in the industry. PEN outperforms 80.52% of its industry peers.
- PEN has a Quick Ratio of 1.07. This is a normal value and indicates that PEN is financially healthy and should not expect problems in meeting its short term obligations.
- PEN has a Quick ratio of 1.07. This is comparable to the rest of the industry: PEN outperforms 54.55% of its industry peers.
| 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
- PEN shows a small growth in Revenue. In the last year, the Revenue has grown by 7.00%.
- 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
- PEN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -7.55% yearly.
- Based on estimates for the next years, PEN will show a decrease in Revenue. The Revenue will decrease by -6.07% on average per year.
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.
- 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 10.62, the valuation of PEN can be described as very reasonable.
- 84.42% of the companies in the same industry are more expensive than PEN, based on the Price/Earnings ratio.
- PEN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.16.
- The Price/Forward Earnings ratio is 5.81, which indicates a rather cheap valuation of PEN.
- Based on the Price/Forward Earnings ratio, PEN is valued cheaply inside the industry as 97.40% of the companies are valued more expensively.
- PEN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.62 | ||
| Fwd PE | 5.81 |
4.2 Price Multiples
- PEN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PEN is cheaper than 83.12% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, PEN is valued a bit more expensive than the industry average as 74.03% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 115.2 | ||
| EV/EBITDA | 3.15 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.37
EPS Next 2Y-5.56%
EPS Next 3Y6.49%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 12.16%, PEN is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 5.21, PEN pays a better dividend. On top of this PEN pays more dividend than 94.81% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, PEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.16% |
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%
OSL:PEN (2/18/2026, 4:18:52 PM)
23.25
+0.75 (+3.33%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-20 2025-11-20/bmo
Earnings (Next)02-25 2026-02-25/amc
Inst Owners42.27%
Inst Owner ChangeN/A
Ins Owners5.32%
Ins Owner ChangeN/A
Market Cap2.64B
Revenue(TTM)238.60M
Net Income(TTM)31.23M
Analysts80
Price Target32.3 (38.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.16% |
Yearly Dividend2.74
Dividend Growth(5Y)N/A
DP86.5%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-90.1%
Min EPS beat(2)-129.7%
Max EPS beat(2)-50.49%
EPS beat(4)1
Avg EPS beat(4)-48.7%
Min EPS beat(4)-129.7%
Max EPS beat(4)9.86%
EPS beat(8)1
Avg EPS beat(8)-57.34%
EPS beat(12)2
Avg EPS beat(12)-45.58%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-11.8%
Min Revenue beat(2)-23.47%
Max Revenue beat(2)-0.12%
Revenue beat(4)1
Avg Revenue beat(4)-12.49%
Min Revenue beat(4)-33.39%
Max Revenue beat(4)7.04%
Revenue beat(8)2
Avg Revenue beat(8)-12.67%
Revenue beat(12)4
Avg Revenue beat(12)-11.88%
Revenue beat(16)6
Avg Revenue beat(16)-13.04%
PT rev (1m)-0.52%
PT rev (3m)-10.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-19.23%
EPS NY rev (1m)0%
EPS NY rev (3m)-57.56%
Revenue NQ rev (1m)-15.31%
Revenue NQ rev (3m)-20.53%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.62 | ||
| Fwd PE | 5.81 | ||
| P/S | 1.16 | ||
| P/FCF | 115.2 | ||
| P/OCF | 4.6 | ||
| P/B | 1.16 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 3.15 |
EPS(TTM)2.19
EY9.42%
EPS(NY)4
Fwd EY17.2%
FCF(TTM)0.2
FCFY0.87%
OCF(TTM)5.06
OCFY21.75%
SpS20.06
BVpS20.04
TBVpS20.04
PEG (NY)N/A
PEG (5Y)0.37
Graham Number31.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.63% | ||
| ROE | 13.1% | ||
| ROCE | 10.61% | ||
| ROIC | 6.5% | ||
| ROICexc | 7% | ||
| ROICexgc | 7% | ||
| OM | 27.31% | ||
| PM (TTM) | 13.09% | ||
| GM | 105.6% | ||
| FCFM | 1.01% |
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-Score8
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 62.86 | ||
| Debt/EBITDA | 1.24 | ||
| Cap/Depr | 107.07% | ||
| Cap/Sales | 24.19% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 50.5% | ||
| Profit Quality | 7.69% | ||
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | 0.62 |
F-Score8
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%-1229.17%
EPS Next Y-62.61%
EPS Next 2Y-5.56%
EPS Next 3Y6.49%
EPS Next 5Y-7.55%
Revenue 1Y (TTM)7%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%76.42%
Revenue Next Year-16.51%
Revenue Next 2Y-3.71%
Revenue Next 3Y-1.54%
Revenue Next 5Y-6.07%
EBIT growth 1Y-21.19%
EBIT growth 3Y38.27%
EBIT growth 5Y39.7%
EBIT Next Year13.29%
EBIT Next 3Y13.14%
EBIT Next 5Y1.51%
FCF growth 1Y-94.46%
FCF growth 3Y-13.96%
FCF growth 5YN/A
OCF growth 1Y-47.45%
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.
What is the valuation status of PANORO ENERGY ASA (PEN.OL) stock?
ChartMill assigns a valuation rating of 5 / 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 5 / 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%.