PANORO ENERGY ASA (PEN.OL) Stock Fundamental Analysis
Europe - OSL:PEN - NO0010564701 - Common Stock
22.95 NOK
-0.2 (-0.86%)
We assign a fundamental rating of 4 out of 10 to PEN. PEN was compared to 62 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of PEN while its profitability can be described as average. PEN has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year PEN was profitable.
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 has a better Return On Assets (4.92%) than 62.90% of its industry peers.
The Return On Equity of PEN (13.78%) is better than 66.13% of its industry peers.
PEN has a Return On Invested Capital (6.52%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.92% | ||
| ROE | 13.78% | ||
| ROIC | 6.52% |
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
PEN has a better Profit Margin (16.37%) than 70.97% of its industry peers.
PEN's Profit Margin has been stable in the last couple of years.
The Operating Margin of PEN (31.65%) is better than 79.03% of its industry peers.
In the last couple of years the Operating Margin of PEN has declined.
PEN has a better Gross Margin (121.36%) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.65% | ||
| PM (TTM) | 16.37% | ||
| GM | 121.37% |
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
Based on the Altman-Z score of 0.58, we must say that PEN is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.58, PEN is not doing good in the industry: 79.03% of the companies in the same industry are doing better.
PEN has a Debt/Equity ratio of 0.59. This is a neutral value indicating PEN is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.59, PEN perfoms like the industry average, outperforming 41.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.58 |
ROIC/WACC0.77
WACC8.51%
2.3 Liquidity
PEN has a Current Ratio of 1.92. This is a normal value and indicates that PEN is financially healthy and should not expect problems in meeting its short term obligations.
PEN has a better Current ratio (1.92) than 74.19% of its industry peers.
A Quick Ratio of 0.95 indicates that PEN may have some problems paying its short term obligations.
PEN's Quick ratio of 0.95 is on the low side compared to the rest of the industry. PEN is outperformed by 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.92 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The earnings per share for PEN have decreased strongly by -45.83% in the last year.
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.
The Revenue for PEN has decreased by -28.27% in the past year. This is quite bad
PEN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 44.20% yearly.
EPS 1Y (TTM)-45.83%
EPS 3Y4.54%
EPS 5Y28.5%
EPS Q2Q%0%
Revenue 1Y (TTM)-28.27%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%-9.13%
3.2 Future
Based on estimates for the next years, PEN will show a decrease in Earnings Per Share. The EPS will decrease by -7.55% on average per year.
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 Y4.22%
EPS Next 2Y14.63%
EPS Next 3Y8.48%
EPS Next 5Y-7.55%
Revenue Next Year-6.57%
Revenue Next 2Y2%
Revenue Next 3Y1.49%
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 8.90.
Based on the Price/Earnings ratio, PEN is valued a bit cheaper than the industry average as 75.81% of the companies are valued more expensively.
PEN is valuated cheaply when we compare the Price/Earnings ratio to 27.86, which is the current average of the S&P500 Index.
PEN is valuated cheaply with a Price/Forward Earnings ratio of 3.74.
PEN's Price/Forward Earnings ratio is rather cheap when compared to the industry. PEN is cheaper than 98.39% of the companies in the same industry.
PEN is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.9 | ||
| Fwd PE | 3.74 |
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 83.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.88 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PEN does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.11
PEG (5Y)0.31
EPS Next 2Y14.63%
EPS Next 3Y8.48%
5. Dividend
5.1 Amount
PEN has a Yearly Dividend Yield of 10.31%, which is a nice return.
PEN's Dividend Yield is rather good when compared to the industry average which is at 58.46. PEN pays more dividend than 88.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, PEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.31% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PEN pays out 68.53% of its income as dividend. This is not a sustainable payout ratio.
DP68.53%
EPS Next 2Y14.63%
EPS Next 3Y8.48%
OSL:PEN (10/3/2025, 7:00:00 PM)
22.95
-0.2 (-0.86%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners38.74%
Inst Owner ChangeN/A
Ins Owners6.15%
Ins Owner ChangeN/A
Market Cap2.60B
Analysts83.64
Price Target37.4 (62.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.31% |
Yearly Dividend2.87
Dividend Growth(5Y)N/A
DP68.53%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-37.48%
Min EPS beat(2)-50.49%
Max EPS beat(2)-24.47%
EPS beat(4)1
Avg EPS beat(4)-41.28%
Min EPS beat(4)-100%
Max EPS beat(4)9.86%
EPS beat(8)1
Avg EPS beat(8)-42.62%
EPS beat(12)2
Avg EPS beat(12)-35.69%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-28.43%
Min Revenue beat(2)-33.39%
Max Revenue beat(2)-23.47%
Revenue beat(4)1
Avg Revenue beat(4)-19.01%
Min Revenue beat(4)-33.39%
Max Revenue beat(4)7.04%
Revenue beat(8)3
Avg Revenue beat(8)-10.72%
Revenue beat(12)5
Avg Revenue beat(12)-11.77%
Revenue beat(16)6
Avg Revenue beat(16)-15.46%
PT rev (1m)1.85%
PT rev (3m)-8.9%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.05%
EPS NY rev (1m)7.38%
EPS NY rev (3m)-17.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.14%
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)-6.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.9 | ||
| Fwd PE | 3.74 | ||
| P/S | 1.24 | ||
| P/FCF | N/A | ||
| P/OCF | 5.16 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 2.88 |
EPS(TTM)2.58
EY11.24%
EPS(NY)6.13
Fwd EY26.73%
FCF(TTM)-2.68
FCFYN/A
OCF(TTM)4.45
OCFY19.4%
SpS18.48
BVpS21.96
TBVpS21.96
PEG (NY)2.11
PEG (5Y)0.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.92% | ||
| ROE | 13.78% | ||
| ROCE | 10.66% | ||
| ROIC | 6.52% | ||
| ROICexc | 7.16% | ||
| ROICexgc | 7.16% | ||
| OM | 31.65% | ||
| PM (TTM) | 16.37% | ||
| GM | 121.37% | ||
| 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 Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.19 | ||
| Cap/Depr | 143.59% | ||
| Cap/Sales | 38.59% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 41.14% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.92 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 0.58 |
F-Score6
WACC8.51%
ROIC/WACC0.77
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)-45.83%
EPS 3Y4.54%
EPS 5Y28.5%
EPS Q2Q%0%
EPS Next Y4.22%
EPS Next 2Y14.63%
EPS Next 3Y8.48%
EPS Next 5Y-7.55%
Revenue 1Y (TTM)-28.27%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%-9.13%
Revenue Next Year-6.57%
Revenue Next 2Y2%
Revenue Next 3Y1.49%
Revenue Next 5Y-8.45%
EBIT growth 1Y-46.9%
EBIT growth 3Y38.27%
EBIT growth 5Y39.7%
EBIT Next Year49.23%
EBIT Next 3Y16.89%
EBIT Next 5Y0.58%
FCF growth 1Y-157.02%
FCF growth 3Y-13.96%
FCF growth 5YN/A
OCF growth 1Y-59.69%
OCF growth 3Y16.89%
OCF growth 5Y55.64%