DOF GROUP ASA (DOFG.OL) Stock Fundamental Analysis
OSL:DOFG - Euronext Oslo - NO0012851874 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to DOFG. DOFG was compared to 36 industry peers in the Energy Equipment & Services industry. DOFG has a medium profitability rating, but doesn't score so well on its financial health evaluation. DOFG is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
DOFG had positive earnings in the past year.
In the past year DOFG had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: DOFG reported negative net income in multiple years.
Each year in the past 5 years DOFG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of DOFG (6.54%) is better than 66.67% of its industry peers.
With a decent Return On Equity value of 13.22%, DOFG is doing good in the industry, outperforming 63.89% of the companies in the same industry.
DOFG's Return On Invested Capital of 7.00% is in line compared to the rest of the industry. DOFG outperforms 52.78% of its industry peers.
DOFG had an Average Return On Invested Capital over the past 3 years of 13.09%. This is above the industry average of 10.05%.
The last Return On Invested Capital (7.00%) for DOFG is well below the 3 year average (13.09%), which needs to be investigated, but indicates that DOFG had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.54% | ||
| ROE | 13.22% | ||
| ROIC | 7% |
ROA(3y)7.72%
ROA(5y)-0.31%
ROE(3y)119.89%
ROE(5y)N/A
ROIC(3y)13.09%
ROIC(5y)17.29%
1.3 Margins
The Profit Margin of DOFG (16.68%) is better than 83.33% of its industry peers.
The Operating Margin of DOFG (19.66%) is better than 80.56% of its industry peers.
DOFG's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.66% | ||
| PM (TTM) | 16.68% | ||
| GM | N/A |
OM growth 3Y22.25%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DOFG is still creating some value.
Compared to 1 year ago, DOFG has more shares outstanding
DOFG has a better debt/assets ratio than last year.
2.2 Solvency
DOFG has a debt to FCF ratio of 6.77. This is a slightly negative value and a sign of low solvency as DOFG would need 6.77 years to pay back of all of its debts.
DOFG has a worse Debt to FCF ratio (6.77) than 63.89% of its industry peers.
A Debt/Equity ratio of 0.70 indicates that DOFG is somewhat dependend on debt financing.
The Debt to Equity ratio of DOFG (0.70) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 6.77 | ||
| Altman-Z | N/A |
ROIC/WACC0.84
WACC8.31%
2.3 Liquidity
DOFG has a Current Ratio of 1.56. This is a normal value and indicates that DOFG is financially healthy and should not expect problems in meeting its short term obligations.
DOFG has a Current ratio (1.56) which is in line with its industry peers.
DOFG has a Quick Ratio of 1.56. This is a normal value and indicates that DOFG is financially healthy and should not expect problems in meeting its short term obligations.
DOFG has a Quick ratio of 1.56. This is in the better half of the industry: DOFG outperforms 69.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
The earnings per share for DOFG have decreased strongly by -60.69% in the last year.
The Revenue has grown by 25.53% in the past year. This is a very strong growth!
The Revenue has been growing by 23.33% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-60.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%934.02%
Revenue 1Y (TTM)25.53%
Revenue growth 3Y23.33%
Revenue growth 5YN/A
Sales Q2Q%29.7%
3.2 Future
Based on estimates for the next years, DOFG will show a very strong growth in Earnings Per Share. The EPS will grow by 26.67% on average per year.
DOFG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.54% yearly.
EPS Next Y52.34%
EPS Next 2Y40.2%
EPS Next 3Y26.67%
EPS Next 5YN/A
Revenue Next Year25.63%
Revenue Next 2Y15.51%
Revenue Next 3Y10.54%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.73, the valuation of DOFG can be described as very cheap.
Based on the Price/Earnings ratio, DOFG is valued a bit cheaper than 75.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of DOFG to the average of the S&P500 Index (26.34), we can say DOFG is valued rather cheaply.
DOFG is valuated cheaply with a Price/Forward Earnings ratio of 5.18.
Based on the Price/Forward Earnings ratio, DOFG is valued cheaply inside the industry as 86.11% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.19. DOFG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.73 | ||
| Fwd PE | 5.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DOFG is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
DOFG's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.6 | ||
| EV/EBITDA | 9.51 |
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.
The decent profitability rating of DOFG may justify a higher PE ratio.
A more expensive valuation may be justified as DOFG's earnings are expected to grow with 26.67% in the coming years.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y40.2%
EPS Next 3Y26.67%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.34%, DOFG has a reasonable but not impressive dividend return.
DOFG's Dividend Yield is comparable with the industry average which is at 6.65.
Compared to an average S&P500 Dividend Yield of 2.40, DOFG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.34% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DOFG pays out 0.41% of its income as dividend. This is a sustainable payout ratio.
DP0.41%
EPS Next 2Y40.2%
EPS Next 3Y26.67%
OSL:DOFG (6/20/2025, 11:12:12 AM)
90.05
-0.2 (-0.22%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners36.49%
Inst Owner ChangeN/A
Ins Owners2.23%
Ins Owner ChangeN/A
Market Cap22.18B
Analysts86.67
Price Target129.83 (44.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.34% |
Yearly Dividend0.05
Dividend Growth(5Y)N/A
DP0.41%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)58.44%
Min EPS beat(2)57.2%
Max EPS beat(2)59.69%
EPS beat(4)3
Avg EPS beat(4)11.22%
Min EPS beat(4)-91.22%
Max EPS beat(4)59.69%
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)0
Avg Revenue beat(2)-2.62%
Min Revenue beat(2)-3.27%
Max Revenue beat(2)-1.96%
Revenue beat(4)0
Avg Revenue beat(4)-5.67%
Min Revenue beat(4)-10.42%
Max Revenue beat(4)-1.96%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-3.69%
PT rev (3m)-4.06%
EPS NQ rev (1m)45.64%
EPS NQ rev (3m)45.64%
EPS NY rev (1m)0%
EPS NY rev (3m)0.46%
Revenue NQ rev (1m)0.95%
Revenue NQ rev (3m)0.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.73 | ||
| Fwd PE | 5.18 | ||
| P/S | 1.5 | ||
| P/FCF | 9.6 | ||
| P/OCF | 6 | ||
| P/B | 1.19 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 9.51 |
EPS(TTM)11.65
EY12.94%
EPS(NY)17.38
Fwd EY19.3%
FCF(TTM)9.38
FCFY10.42%
OCF(TTM)15.01
OCFY16.67%
SpS60.17
BVpS75.92
TBVpS75.79
PEG (NY)0.15
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.54% | ||
| ROE | 13.22% | ||
| ROCE | 9.09% | ||
| ROIC | 7% | ||
| ROICexc | 7.85% | ||
| ROICexgc | 7.86% | ||
| OM | 19.66% | ||
| PM (TTM) | 16.68% | ||
| GM | N/A | ||
| FCFM | 15.59% |
ROA(3y)7.72%
ROA(5y)-0.31%
ROE(3y)119.89%
ROE(5y)N/A
ROIC(3y)13.09%
ROIC(5y)17.29%
ROICexc(3y)26.86%
ROICexc(5y)37.53%
ROICexgc(3y)26.86%
ROICexgc(5y)37.53%
ROCE(3y)80.74%
ROCE(5y)94.31%
ROICexcg growth 3Y-44.68%
ROICexcg growth 5YN/A
ROICexc growth 3Y-44.7%
ROICexc growth 5YN/A
OM growth 3Y22.25%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 6.77 | ||
| Debt/EBITDA | 3.6 | ||
| Cap/Depr | 197.14% | ||
| Cap/Sales | 9.36% | ||
| Interest Coverage | 2.61 | ||
| Cash Conversion | 102.22% | ||
| Profit Quality | 93.5% | ||
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | N/A |
F-Score4
WACC8.31%
ROIC/WACC0.84
Cap/Depr(3y)451.26%
Cap/Depr(5y)281.9%
Cap/Sales(3y)9.05%
Cap/Sales(5y)8.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-60.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%934.02%
EPS Next Y52.34%
EPS Next 2Y40.2%
EPS Next 3Y26.67%
EPS Next 5YN/A
Revenue 1Y (TTM)25.53%
Revenue growth 3Y23.33%
Revenue growth 5YN/A
Sales Q2Q%29.7%
Revenue Next Year25.63%
Revenue Next 2Y15.51%
Revenue Next 3Y10.54%
Revenue Next 5YN/A
EBIT growth 1Y25%
EBIT growth 3Y50.78%
EBIT growth 5YN/A
EBIT Next Year103.24%
EBIT Next 3Y33.01%
EBIT Next 5YN/A
FCF growth 1Y95.49%
FCF growth 3Y64.48%
FCF growth 5YN/A
OCF growth 1Y78.54%
OCF growth 3Y38.12%
OCF growth 5YN/A