Why Peter Lynch may take an interest in EQUINOR ASA-SPON ADR (NYSE:EQNR)

Known for his philosophy of investing in what you know, Peter Lynch looked for companies with consistent earnings growth, low debt, and a competitive edge. Does EQUINOR ASA-SPON ADR (NYSE:EQNR) meet these key criteria? Let’s find out.

Would Peter Lynch consider EQUINOR ASA-SPON ADR (NYSE:EQNR) a winning stock?

• The Return on Equity (ROE) of EQNR stands at 20.8%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• With a Debt-to-Equity ratio at 0.51, EQNR showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• The EPS of EQNR has shown consistent growth over a 5-year period, indicating the company's ability to generate increasing earnings over time.
• With a PEG ratio of 0.41, EQNR is valued very reasonably for the growth it experiences.
• EQNR's Current Ratio of 1.31 reflects a strong ability to manage short-term financial commitments.

Fundamental Analysis Observations

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Taking everything into account, EQNR scores 5 out of 10 in our fundamental rating. EQNR was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. EQNR has an average financial health and profitability rating. EQNR is valued quite cheap, but it does not seem to be growing. These ratings would make EQNR suitable for value investing!

Check the latest full fundamental report of EQNR for a complete fundamental analysis.

More Affordable Growth stocks can be found in our Peter Lynch screener.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.