DNO ASA (DNO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:DNO - NO0003921009 - Common Stock
15.28 NOK
+0.1 (+0.66%)
We assign a fundamental rating of 3 out of 10 to DNO. DNO was compared to 69 industry peers in the Oil, Gas & Consumable Fuels industry. DNO may be in some trouble as it scores bad on both profitability and health. DNO has a valuation in line with the averages, but it does not seem to be growing. Finally DNO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
DNO had negative earnings in the past year.
DNO had a positive operating cash flow in the past year.
In multiple years DNO reported negative net income over the last 5 years.
Each year in the past 5 years DNO had a positive operating cash flow.
1.2 Ratios
DNO has a worse Return On Assets (-1.42%) than 78.26% of its industry peers.
With a Return On Equity value of -6.22%, DNO is not doing good in the industry: 79.71% of the companies in the same industry are doing better.
DNO has a Return On Invested Capital of 2.65%. This is in the lower half of the industry: DNO underperforms 76.81% of its industry peers.
DNO had an Average Return On Invested Capital over the past 3 years of 12.71%. This is above the industry average of 9.17%.
The 3 year average ROIC (12.71%) for DNO is well above the current ROIC(2.65%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.42% | ||
| ROE | -6.22% | ||
| ROIC | 2.65% |
ROA(3y)4.51%
ROA(5y)1.98%
ROE(3y)9.03%
ROE(5y)2.66%
ROIC(3y)12.71%
ROIC(5y)N/A
1.3 Margins
DNO has a Operating Margin (19.92%) which is comparable to the rest of the industry.
DNO's Operating Margin has declined in the last couple of years.
DNO has a Gross Margin of 37.44%. This is comparable to the rest of the industry: DNO outperforms 44.93% of its industry peers.
In the last couple of years the Gross Margin of DNO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.92% | ||
| PM (TTM) | N/A | ||
| GM | 37.44% |
OM growth 3Y-18.19%
OM growth 5Y-2.22%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.31%
GM growth 5Y-2.51%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DNO is still creating some value.
Compared to 1 year ago, DNO has about the same amount of shares outstanding.
DNO has less shares outstanding than it did 5 years ago.
The debt/assets ratio for DNO is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.54, we must say that DNO is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of DNO (0.54) is worse than 79.71% of its industry peers.
The Debt to FCF ratio of DNO is 150.51, which is on the high side as it means it would take DNO, 150.51 years of fcf income to pay off all of its debts.
DNO has a worse Debt to FCF ratio (150.51) than 66.67% of its industry peers.
A Debt/Equity ratio of 0.71 indicates that DNO is somewhat dependend on debt financing.
The Debt to Equity ratio of DNO (0.71) is worse than 65.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 150.51 | ||
| Altman-Z | 0.54 |
ROIC/WACC0.31
WACC8.45%
2.3 Liquidity
DNO has a Current Ratio of 0.96. This is a bad value and indicates that DNO is not financially healthy enough and could expect problems in meeting its short term obligations.
DNO's Current ratio of 0.96 is on the low side compared to the rest of the industry. DNO is outperformed by 76.81% of its industry peers.
DNO has a Quick Ratio of 0.96. This is a bad value and indicates that DNO is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.90, DNO is doing worse than 60.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
DNO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -300.00%.
DNO shows a decrease in Revenue. In the last year, the revenue decreased by -0.10%.
Measured over the past years, DNO shows a decrease in Revenue. The Revenue has been decreasing by -7.25% on average per year.
EPS 1Y (TTM)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-50%
Revenue 1Y (TTM)-0.1%
Revenue growth 3Y-12.76%
Revenue growth 5Y-7.25%
Sales Q2Q%220.7%
3.2 Future
The Earnings Per Share is expected to grow by 63.12% on average over the next years. This is a very strong growth
DNO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.05% yearly.
EPS Next Y562.93%
EPS Next 2Y339.75%
EPS Next 3Y183.17%
EPS Next 5Y63.12%
Revenue Next Year146.4%
Revenue Next 2Y89.98%
Revenue Next 3Y55.19%
Revenue Next 5Y2.05%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for DNO. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 4.37, the valuation of DNO can be described as very cheap.
Based on the Price/Forward Earnings ratio, DNO is valued cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.69. DNO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DNO is on the same level as its industry peers.
DNO's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. DNO is more expensive than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 132.96 | ||
| EV/EBITDA | 6.27 |
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.
A more expensive valuation may be justified as DNO's earnings are expected to grow with 183.17% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y339.75%
EPS Next 3Y183.17%
5. Dividend
5.1 Amount
DNO has a Yearly Dividend Yield of 9.23%, which is a nice return.
Compared to an average industry Dividend Yield of 7.80, DNO pays a better dividend. On top of this DNO pays more dividend than 88.41% of the companies listed in the same industry.
DNO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.23% |
5.2 History
The dividend of DNO is nicely growing with an annual growth rate of 18.12%!
Dividend Growth(5Y)18.12%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of DNO are negative and hence is the payout ratio. DNO will probably not be able to sustain this dividend level.
The dividend of DNO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-127.8%
EPS Next 2Y339.75%
EPS Next 3Y183.17%
OSL:DNO (12/8/2025, 4:25:30 PM)
15.28
+0.1 (+0.66%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners23.24%
Inst Owner ChangeN/A
Ins Owners13.75%
Ins Owner ChangeN/A
Market Cap14.90B
Revenue(TTM)666.80M
Net Income(TTM)-89.20M
Analysts72.73
Price Target15.77 (3.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.23% |
Yearly Dividend1.06
Dividend Growth(5Y)18.12%
DP-127.8%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)1
Avg Revenue beat(2)-6.18%
Min Revenue beat(2)-45.05%
Max Revenue beat(2)32.7%
Revenue beat(4)2
Avg Revenue beat(4)-7.27%
Min Revenue beat(4)-45.05%
Max Revenue beat(4)32.7%
Revenue beat(8)4
Avg Revenue beat(8)-3.79%
Revenue beat(12)4
Avg Revenue beat(12)-7.95%
Revenue beat(16)5
Avg Revenue beat(16)-6.34%
PT rev (1m)0.13%
PT rev (3m)-6.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-60%
EPS NY rev (1m)-34.52%
EPS NY rev (3m)-38.89%
Revenue NQ rev (1m)-3.61%
Revenue NQ rev (3m)138.76%
Revenue NY rev (1m)-0.66%
Revenue NY rev (3m)-9.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.37 | ||
| P/S | 1.86 | ||
| P/FCF | 132.96 | ||
| P/OCF | 4.96 | ||
| P/B | 1.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.27 |
EPS(TTM)-0.2
EYN/A
EPS(NY)3.5
Fwd EY22.91%
FCF(TTM)0.11
FCFY0.75%
OCF(TTM)3.08
OCFY20.15%
SpS8.21
BVpS14.85
TBVpS-3.02
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.42% | ||
| ROE | -6.22% | ||
| ROCE | 3.44% | ||
| ROIC | 2.65% | ||
| ROICexc | 3.2% | ||
| ROICexgc | 5.87% | ||
| OM | 19.92% | ||
| PM (TTM) | N/A | ||
| GM | 37.44% | ||
| FCFM | 1.4% |
ROA(3y)4.51%
ROA(5y)1.98%
ROE(3y)9.03%
ROE(5y)2.66%
ROIC(3y)12.71%
ROIC(5y)N/A
ROICexc(3y)20.37%
ROICexc(5y)N/A
ROICexgc(3y)23.37%
ROICexgc(5y)N/A
ROCE(3y)16.51%
ROCE(5y)N/A
ROICexgc growth 3Y-26.33%
ROICexgc growth 5Y-7.85%
ROICexc growth 3Y-26.89%
ROICexc growth 5Y-4.85%
OM growth 3Y-18.19%
OM growth 5Y-2.22%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.31%
GM growth 5Y-2.51%
F-Score3
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 150.51 | ||
| Debt/EBITDA | 2.71 | ||
| Cap/Depr | 132.06% | ||
| Cap/Sales | 36.11% | ||
| Interest Coverage | 1.96 | ||
| Cash Conversion | 79.37% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 0.54 |
F-Score3
WACC8.45%
ROIC/WACC0.31
Cap/Depr(3y)119.6%
Cap/Depr(5y)99.55%
Cap/Sales(3y)25.42%
Cap/Sales(5y)24.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-50%
EPS Next Y562.93%
EPS Next 2Y339.75%
EPS Next 3Y183.17%
EPS Next 5Y63.12%
Revenue 1Y (TTM)-0.1%
Revenue growth 3Y-12.76%
Revenue growth 5Y-7.25%
Sales Q2Q%220.7%
Revenue Next Year146.4%
Revenue Next 2Y89.98%
Revenue Next 3Y55.19%
Revenue Next 5Y2.05%
EBIT growth 1Y-15.47%
EBIT growth 3Y-28.63%
EBIT growth 5Y-9.31%
EBIT Next Year561.77%
EBIT Next 3Y121.63%
EBIT Next 5Y32.76%
FCF growth 1Y-96.17%
FCF growth 3Y-26.41%
FCF growth 5Y46.03%
OCF growth 1Y-45.67%
OCF growth 3Y-17.25%
OCF growth 5Y2.14%
DNO ASA / DNO.OL FAQ
Can you provide the ChartMill fundamental rating for DNO ASA?
ChartMill assigns a fundamental rating of 3 / 10 to DNO.OL.
What is the valuation status of DNO ASA (DNO.OL) stock?
ChartMill assigns a valuation rating of 5 / 10 to DNO ASA (DNO.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for DNO ASA?
DNO ASA (DNO.OL) has a profitability rating of 3 / 10.
How financially healthy is DNO ASA?
The financial health rating of DNO ASA (DNO.OL) is 1 / 10.
Can you provide the dividend sustainability for DNO stock?
The dividend rating of DNO ASA (DNO.OL) is 7 / 10 and the dividend payout ratio is -127.8%.