PANORO ENERGY ASA (PEN.OL) Stock Fundamental Analysis
OSL:PEN - Euronext Oslo - NO0010564701 - Common Stock - Currency: NOK
PEN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 61 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 has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PEN had positive earnings in the past year.
PEN had a positive operating cash flow in the past year.
Of the past 5 years PEN 4 years were profitable.
PEN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PEN's Return On Assets of 5.04% is in line compared to the rest of the industry. PEN outperforms 59.02% of its industry peers.
PEN has a better Return On Equity (14.13%) than 60.66% of its industry peers.
PEN has a Return On Invested Capital of 6.95%. This is comparable to the rest of the industry: PEN outperforms 50.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 14.13% | ||
| ROIC | 6.95% |
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
The Profit Margin of PEN (16.29%) is better than 68.85% of its industry peers.
In the last couple of years the Profit Margin of PEN has remained more or less at the same level.
With a decent Operating Margin value of 32.57%, PEN is doing good in the industry, outperforming 75.41% of the companies in the same industry.
In the last couple of years the Operating Margin of PEN has declined.
PEN's Gross Margin of 115.43% is amongst the best of the industry. PEN outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.57% | ||
| PM (TTM) | 16.29% | ||
| GM | 115.43% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PEN is destroying value.
There is no outstanding debt for PEN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
PEN has an Altman-Z score of 0.57. This is a bad value and indicates that PEN is not financially healthy and even has some risk of bankruptcy.
PEN's Altman-Z score of 0.57 is on the low side compared to the rest of the industry. PEN is outperformed by 80.33% of its industry peers.
A Debt/Equity ratio of 0.58 indicates that PEN is somewhat dependend on debt financing.
PEN has a Debt to Equity ratio of 0.58. This is in the lower half of the industry: PEN underperforms 60.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.57 |
ROIC/WACC0.81
WACC8.6%
2.3 Liquidity
A Current Ratio of 1.90 indicates that PEN should not have too much problems paying its short term obligations.
PEN's Current ratio of 1.90 is fine compared to the rest of the industry. PEN outperforms 67.21% of its industry peers.
PEN has a Quick Ratio of 1.90. This is a bad value and indicates that PEN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.98, PEN is doing worse than 68.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
PEN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
Measured over the past years, PEN shows a very strong growth in Earnings Per Share. The EPS has been growing by 28.50% on average per year.
Looking at the last year, PEN shows a decrease in Revenue. The Revenue has decreased by -3.72% in the last year.
PEN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 44.20% yearly.
EPS 1Y (TTM)0%
EPS 3Y4.54%
EPS 5Y28.5%
EPS Q2Q%-210%
Revenue 1Y (TTM)-3.72%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%-72.43%
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 -8.45% on average per year.
EPS Next Y26.07%
EPS Next 2Y15.56%
EPS Next 3Y13.59%
EPS Next 5Y-7.55%
Revenue Next Year-0.55%
Revenue Next 2Y1.66%
Revenue Next 3Y-0.26%
Revenue Next 5Y-8.45%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
PEN is valuated reasonably with a Price/Earnings ratio of 8.79.
Based on the Price/Earnings ratio, PEN is valued a bit cheaper than the industry average as 72.13% of the companies are valued more expensively.
PEN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.53.
With a Price/Forward Earnings ratio of 3.64, the valuation of PEN can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PEN indicates a rather cheap valuation: PEN is cheaper than 98.36% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.71. PEN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.79 | ||
| Fwd PE | 3.64 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PEN indicates a rather cheap valuation: PEN is cheaper than 80.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.82 |
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 PEN's earnings are expected to grow with 13.59% in the coming years.
PEG (NY)0.34
PEG (5Y)0.31
EPS Next 2Y15.56%
EPS Next 3Y13.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.62%, PEN is a good candidate for dividend investing.
PEN's Dividend Yield is rather good when compared to the industry average which is at 58.76. PEN pays more dividend than 80.33% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, PEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.62% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PEN pays out 58.22% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP58.22%
EPS Next 2Y15.56%
EPS Next 3Y13.59%
OSL:PEN (7/23/2025, 9:22:43 AM)
23.2
+0.05 (+0.22%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners39%
Inst Owner ChangeN/A
Ins Owners6.15%
Ins Owner ChangeN/A
Market Cap2.63B
Analysts84.62
Price Target37.23 (60.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.62% |
Yearly Dividend2.91
Dividend Growth(5Y)N/A
DP58.22%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.3%
Min EPS beat(2)-24.47%
Max EPS beat(2)9.86%
EPS beat(4)1
Avg EPS beat(4)-42.27%
Min EPS beat(4)-100%
Max EPS beat(4)9.86%
EPS beat(8)1
Avg EPS beat(8)-36.73%
EPS beat(12)2
Avg EPS beat(12)-48.06%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-13.17%
Min Revenue beat(2)-33.39%
Max Revenue beat(2)7.04%
Revenue beat(4)1
Avg Revenue beat(4)-13.31%
Min Revenue beat(4)-33.39%
Max Revenue beat(4)7.04%
Revenue beat(8)3
Avg Revenue beat(8)-10.93%
Revenue beat(12)5
Avg Revenue beat(12)-17.01%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-9.32%
PT rev (3m)-10.66%
EPS NQ rev (1m)-10.2%
EPS NQ rev (3m)8.64%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-3.91%
Revenue NQ rev (3m)-3.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-9.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.79 | ||
| Fwd PE | 3.64 | ||
| P/S | 1.19 | ||
| P/FCF | N/A | ||
| P/OCF | 3.83 | ||
| P/B | 1.03 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 2.82 |
EPS(TTM)2.64
EY11.38%
EPS(NY)6.38
Fwd EY27.48%
FCF(TTM)-1.34
FCFYN/A
OCF(TTM)6.06
OCFY26.12%
SpS19.51
BVpS22.49
TBVpS22.49
PEG (NY)0.34
PEG (5Y)0.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 14.13% | ||
| ROCE | 11.35% | ||
| ROIC | 6.95% | ||
| ROICexc | 7.57% | ||
| ROICexgc | 7.57% | ||
| OM | 32.57% | ||
| PM (TTM) | 16.29% | ||
| GM | 115.43% | ||
| FCFM | N/A |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score6
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.16 | ||
| Cap/Depr | 148.75% | ||
| Cap/Sales | 37.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 53.5% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 0.57 |
F-Score6
WACC8.6%
ROIC/WACC0.81
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)0%
EPS 3Y4.54%
EPS 5Y28.5%
EPS Q2Q%-210%
EPS Next Y26.07%
EPS Next 2Y15.56%
EPS Next 3Y13.59%
EPS Next 5Y-7.55%
Revenue 1Y (TTM)-3.72%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%-72.43%
Revenue Next Year-0.55%
Revenue Next 2Y1.66%
Revenue Next 3Y-0.26%
Revenue Next 5Y-8.45%
EBIT growth 1Y-24.67%
EBIT growth 3Y38.27%
EBIT growth 5Y39.7%
EBIT Next Year50.1%
EBIT Next 3Y14.27%
EBIT Next 5Y0.58%
FCF growth 1Y-125.36%
FCF growth 3Y-13.96%
FCF growth 5YN/A
OCF growth 1Y-46.45%
OCF growth 3Y16.89%
OCF growth 5Y55.64%