DNO ASA (DNO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:DNO - NO0003921009 - Common Stock
15.4 NOK
+0.1 (+0.65%)
We assign a fundamental rating of 3 out of 10 to DNO. DNO was compared to 70 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of DNO have multiple concerns. DNO has a valuation in line with the averages, but on the other hand it scores bad on growth. DNO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
DNO had negative earnings in the past year.
In the past year DNO had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of -1.42%, DNO is doing worse than 78.57% of the companies in the same industry.
Looking at the Return On Equity, with a value of -6.22%, DNO is doing worse than 80.00% of the companies in the same industry.
With a Return On Invested Capital value of 2.65%, DNO is not doing good in the industry: 77.14% of the companies in the same industry are doing better.
DNO had an Average Return On Invested Capital over the past 3 years of 12.71%. This is above the industry average of 9.15%.
The last Return On Invested Capital (2.65%) for DNO is well below the 3 year average (12.71%), which needs to be investigated, but indicates that DNO had better years and this may not be a problem.
| 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
The Operating Margin of DNO (19.92%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of DNO has declined.
DNO has a Gross Margin of 37.44%. This is comparable to the rest of the industry: DNO outperforms 42.86% 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.
DNO has about the same amout of shares outstanding than it did 1 year ago.
DNO has less shares outstanding than it did 5 years ago.
DNO has a worse debt/assets ratio than last year.
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.
Looking at the Altman-Z score, with a value of 0.54, DNO is doing worse than 77.14% of the companies in the same industry.
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.
With a Debt to FCF ratio value of 150.51, DNO is not doing good in the industry: 65.71% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.71 indicates that DNO is somewhat dependend on debt financing.
DNO has a worse Debt to Equity ratio (0.71) than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 150.51 | ||
| Altman-Z | 0.54 |
ROIC/WACC0.31
WACC8.46%
2.3 Liquidity
A Current Ratio of 0.96 indicates that DNO may have some problems paying its short term obligations.
DNO has a worse Current ratio (0.96) than 71.43% 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.
DNO has a Quick ratio (0.90) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for DNO have decreased strongly by -300.00% in the last year.
DNO shows a decrease in Revenue. In the last year, the revenue decreased by -0.10%.
DNO shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -7.25% yearly.
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
The Revenue is expected to grow by 2.05% on average over the next years.
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.
DNO is valuated cheaply with a Price/Forward Earnings ratio of 4.43.
97.14% of the companies in the same industry are more expensive than DNO, based on the Price/Forward Earnings ratio.
DNO is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.43 |
4.2 Price Multiples
DNO's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, DNO is valued a bit more expensive than 65.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 135.08 | ||
| EV/EBITDA | 6.36 |
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 9.09%, which is a nice return.
DNO's Dividend Yield is rather good when compared to the industry average which is at 5.63. DNO pays more dividend than 88.57% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, DNO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.09% |
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
DNO has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DNO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-127.8%
EPS Next 2Y339.75%
EPS Next 3Y183.17%
OSL:DNO (12/23/2025, 7:00:00 PM)
15.4
+0.1 (+0.65%)
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 Cap15.02B
Revenue(TTM)666.80M
Net Income(TTM)-89.20M
Analysts72.73
Price Target15.77 (2.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.09% |
Yearly Dividend1.07
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)0%
Revenue NQ rev (3m)138.76%
Revenue NY rev (1m)-0.66%
Revenue NY rev (3m)-8.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.43 | ||
| P/S | 1.89 | ||
| P/FCF | 135.08 | ||
| P/OCF | 5.04 | ||
| P/B | 1.05 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.36 |
EPS(TTM)-0.2
EYN/A
EPS(NY)3.47
Fwd EY22.55%
FCF(TTM)0.11
FCFY0.74%
OCF(TTM)3.05
OCFY19.84%
SpS8.14
BVpS14.73
TBVpS-2.99
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
WACC8.46%
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%.