PANORO ENERGY ASA (PEN.OL) Stock Fundamental Analysis
OSL:PEN - Euronext Oslo - NO0010564701 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to PEN. PEN was compared to 58 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PEN was profitable.
In the past year PEN had a positive cash flow from operations.
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
With a decent Return On Assets value of 7.95%, PEN is doing good in the industry, outperforming 67.24% of the companies in the same industry.
Looking at the Return On Equity, with a value of 21.04%, PEN is in the better half of the industry, outperforming 74.14% of the companies in the same industry.
The Return On Invested Capital of PEN (8.88%) is better than 62.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.95% | ||
| ROE | 21.04% | ||
| ROIC | 8.88% |
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
With a decent Profit Margin value of 19.96%, PEN is doing good in the industry, outperforming 68.97% of the companies in the same industry.
In the last couple of years the Profit Margin of PEN has declined.
Looking at the Operating Margin, with a value of 33.21%, PEN is in the better half of the industry, outperforming 74.14% of the companies in the same industry.
PEN's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 93.84%, PEN belongs to the top of the industry, outperforming 94.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.21% | ||
| PM (TTM) | 19.96% | ||
| GM | 93.84% |
OM growth 3Y1.42%
OM growth 5Y-4.52%
PM growth 3Y-22.8%
PM growth 5Y-3.39%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PEN is creating some 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
The Debt to FCF ratio of PEN is 20.42, which is on the high side as it means it would take PEN, 20.42 years of fcf income to pay off all of its debts.
PEN has a Debt to FCF ratio of 20.42. This is in the lower half of the industry: PEN underperforms 68.97% of its industry peers.
PEN has a Debt/Equity ratio of 0.54. This is a neutral value indicating PEN is somewhat dependend on debt financing.
PEN has a Debt to Equity ratio of 0.54. This is comparable to the rest of the industry: PEN outperforms 43.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 20.42 | ||
| Altman-Z | N/A |
ROIC/WACC1.03
WACC8.66%
2.3 Liquidity
PEN has a Current Ratio of 2.38. This indicates that PEN is financially healthy and has no problem in meeting its short term obligations.
PEN's Current ratio of 2.38 is fine compared to the rest of the industry. PEN outperforms 72.41% of its industry peers.
A Quick Ratio of 1.73 indicates that PEN should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.73, PEN is in the better half of the industry, outperforming 70.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.73 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 62.07% over the past year.
PEN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.85% yearly.
Looking at the last year, PEN shows a very strong growth in Revenue. The Revenue has grown by 30.71%.
PEN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 46.00% yearly.
EPS 1Y (TTM)62.07%
EPS 3Y2.32%
EPS 5Y26.85%
EPS Q2Q%575%
Revenue 1Y (TTM)30.71%
Revenue growth 3Y35.85%
Revenue growth 5Y46%
Sales Q2Q%92.46%
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-0.49%
Revenue Next 2Y1.66%
Revenue Next 3Y0.51%
Revenue Next 5Y-8.45%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 4.79 indicates a rather cheap valuation of PEN.
79.31% of the companies in the same industry are more expensive than PEN, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 23.99, PEN is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 3.80, 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 94.83% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.35. PEN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.79 | ||
| Fwd PE | 3.8 |
4.2 Price Multiples
PEN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PEN is cheaper than 74.14% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PEN indicates a slightly more expensive valuation: PEN is more expensive than 68.97% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.87 | ||
| EV/EBITDA | 2.23 |
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.
PEN's earnings are expected to grow with 13.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)0.18
EPS Next 2Y15.56%
EPS Next 3Y13.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.64%, PEN is a good candidate for dividend investing.
The stock price of PEN dropped by -21.65% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 61.98, PEN pays a bit more dividend than its industry peers.
PEN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.64% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PEN pays out 32.21% of its income as dividend. This is a sustainable payout ratio.
DP32.21%
EPS Next 2Y15.56%
EPS Next 3Y13.59%
OSL:PEN (5/8/2025, 2:23:52 PM)
23.15
+0.35 (+1.54%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners37.84%
Inst Owner ChangeN/A
Ins Owners5.94%
Ins Owner ChangeN/A
Market Cap2.71B
Analysts86.15
Price Target41.82 (80.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.64% |
Yearly Dividend2.97
Dividend Growth(5Y)N/A
DP32.21%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-45.07%
Min EPS beat(2)-100%
Max EPS beat(2)9.86%
EPS beat(4)1
Avg EPS beat(4)-42.59%
Min EPS beat(4)-100%
Max EPS beat(4)9.86%
EPS beat(8)2
Avg EPS beat(8)-33.46%
EPS beat(12)2
Avg EPS beat(12)-87.36%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-9.58%
Min Revenue beat(2)-26.2%
Max Revenue beat(2)7.04%
Revenue beat(4)2
Avg Revenue beat(4)-3.02%
Min Revenue beat(4)-26.2%
Max Revenue beat(4)7.77%
Revenue beat(8)4
Avg Revenue beat(8)-6.67%
Revenue beat(12)6
Avg Revenue beat(12)-12.31%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.35%
PT rev (3m)-2.38%
EPS NQ rev (1m)-177.77%
EPS NQ rev (3m)-113.72%
EPS NY rev (1m)-5.59%
EPS NY rev (3m)-16.19%
Revenue NQ rev (1m)-40.83%
Revenue NQ rev (3m)-59.84%
Revenue NY rev (1m)-9.71%
Revenue NY rev (3m)-19.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.79 | ||
| Fwd PE | 3.8 | ||
| P/S | 0.92 | ||
| P/FCF | 36.87 | ||
| P/OCF | 2.43 | ||
| P/B | 0.97 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 2.23 |
EPS(TTM)4.83
EY20.86%
EPS(NY)6.09
Fwd EY26.3%
FCF(TTM)0.63
FCFY2.71%
OCF(TTM)9.55
OCFY41.24%
SpS25.03
BVpS23.75
TBVpS23.75
PEG (NY)0.18
PEG (5Y)0.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.95% | ||
| ROE | 21.04% | ||
| ROCE | 14.54% | ||
| ROIC | 8.88% | ||
| ROICexc | 10% | ||
| ROICexgc | 10% | ||
| OM | 33.21% | ||
| PM (TTM) | 19.96% | ||
| GM | 93.84% | ||
| FCFM | 2.51% |
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 3Y1.42%
OM growth 5Y-4.52%
PM growth 3Y-22.8%
PM growth 5Y-3.39%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 20.42 | ||
| Debt/EBITDA | 0.97 | ||
| Cap/Depr | 185.97% | ||
| Cap/Sales | 35.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 72.82% | ||
| Profit Quality | 12.56% | ||
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.73 | ||
| Altman-Z | N/A |
F-Score7
WACC8.66%
ROIC/WACC1.03
Cap/Depr(3y)179.91%
Cap/Depr(5y)188.2%
Cap/Sales(3y)34.13%
Cap/Sales(5y)41.75%
Profit Quality(3y)97.14%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)62.07%
EPS 3Y2.32%
EPS 5Y26.85%
EPS Q2Q%575%
EPS Next Y26.07%
EPS Next 2Y15.56%
EPS Next 3Y13.59%
EPS Next 5Y-7.55%
Revenue 1Y (TTM)30.71%
Revenue growth 3Y35.85%
Revenue growth 5Y46%
Sales Q2Q%92.46%
Revenue Next Year-0.49%
Revenue Next 2Y1.66%
Revenue Next 3Y0.51%
Revenue Next 5Y-8.45%
EBIT growth 1Y-3.18%
EBIT growth 3Y37.78%
EBIT growth 5Y39.41%
EBIT Next Year65.63%
EBIT Next 3Y17.52%
EBIT Next 5Y0.58%
FCF growth 1Y-40.64%
FCF growth 3Y-21.3%
FCF growth 5YN/A
OCF growth 1Y36.07%
OCF growth 3Y15.57%
OCF growth 5Y54.58%