PANORO ENERGY ASA (PEN.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:PEN • NO0010564701
21.55 NOK
-0.35 (-1.6%)
Last: Feb 2, 2026, 04:19 PM
PEN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 73 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 correct valuation and a medium growth rate.
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.
- Each year in the past 5 years PEN had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of PEN (4.63%) is better than 68.49% of its industry peers.
- Looking at the Return On Equity, with a value of 13.10%, PEN is in the better half of the industry, outperforming 75.34% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 6.50%, PEN is in the better half of the industry, outperforming 61.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.63% | ||
| ROE | 13.1% | ||
| ROIC | 6.5% |
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 Profit Margin of 13.09%. This is in the better half of the industry: PEN outperforms 71.23% of its industry peers.
- In the last couple of years the Profit Margin of PEN has remained more or less at the same level.
- The Operating Margin of PEN (27.31%) is better than 68.49% of its industry peers.
- PEN's Operating Margin has declined in the last couple of years.
- PEN has a Gross Margin of 105.60%. This is amongst the best in the industry. PEN outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.31% | ||
| PM (TTM) | 13.09% | ||
| GM | 105.6% |
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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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 0.61, we must say that PEN is in the distress zone and has some risk of bankruptcy.
- PEN's Altman-Z score of 0.61 is on the low side compared to the rest of the industry. PEN is outperformed by 82.19% of its industry peers.
- The Debt to FCF ratio of PEN is 62.86, which is on the high side as it means it would take PEN, 62.86 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 62.86, PEN is not doing good in the industry: 72.60% of the companies in the same industry are doing better.
- A Debt/Equity ratio of 0.62 indicates that PEN is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.62, PEN is doing worse than 61.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 62.86 | ||
| Altman-Z | 0.61 |
ROIC/WACC0.76
WACC8.57%
2.3 Liquidity
- A Current Ratio of 2.03 indicates that PEN has no problem at all paying its short term obligations.
- PEN has a better Current ratio (2.03) than 79.45% of its industry peers.
- A Quick Ratio of 1.07 indicates that PEN should not have too much problems paying its short term obligations.
- PEN has a Quick ratio of 1.07. This is comparable to the rest of the industry: PEN outperforms 53.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
- The earnings per share for PEN have decreased by -4.17% in the last year.
- PEN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 28.50% yearly.
- Looking at the last year, PEN shows a small growth in Revenue. The Revenue has grown by 7.00% in the last year.
- Measured over the past years, PEN shows a very strong growth in Revenue. The Revenue has been growing by 44.20% on average per year.
EPS 1Y (TTM)-4.17%
EPS 3Y4.54%
EPS 5Y28.5%
EPS Q2Q%-1229.17%
Revenue 1Y (TTM)7%
Revenue growth 3Y33.06%
Revenue growth 5Y44.2%
Sales Q2Q%76.42%
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.
- The Revenue is expected to decrease by -6.07% on average over the next years.
EPS Next Y-62.61%
EPS Next 2Y-5.56%
EPS Next 3Y6.49%
EPS Next 5Y-7.55%
Revenue Next Year-16.51%
Revenue Next 2Y-3.71%
Revenue Next 3Y-1.54%
Revenue Next 5Y-6.07%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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
- With a Price/Earnings ratio of 9.80, the valuation of PEN can be described as very reasonable.
- 83.56% of the companies in the same industry are more expensive than PEN, based on the Price/Earnings ratio.
- PEN is valuated cheaply when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- PEN is valuated cheaply with a Price/Forward Earnings ratio of 5.38.
- Based on the Price/Forward Earnings ratio, PEN is valued cheaply inside the industry as 97.26% of the companies are valued more expensively.
- PEN is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.8 | ||
| Fwd PE | 5.38 |
4.2 Price Multiples
- 82.19% of the companies in the same industry are more expensive than PEN, based on the Enterprise Value to EBITDA ratio.
- 72.60% of the companies in the same industry are cheaper than PEN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 106.6 | ||
| EV/EBITDA | 3.08 |
4.3 Compensation for Growth
- PEN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.34
EPS Next 2Y-5.56%
EPS Next 3Y6.49%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 12.68%, PEN is a good candidate for dividend investing.
- PEN's Dividend Yield is rather good when compared to the industry average which is at 5.10. PEN pays more dividend than 97.26% of the companies in the same industry.
- PEN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.68% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- PEN pays out 86.50% of its income as dividend. This is not a sustainable payout ratio.
DP86.5%
EPS Next 2Y-5.56%
EPS Next 3Y6.49%
PANORO ENERGY ASA / PEN.OL FAQ
What is the ChartMill fundamental rating of PANORO ENERGY ASA (PEN.OL) stock?
ChartMill assigns a fundamental rating of 5 / 10 to PEN.OL.
What is the valuation status of PANORO ENERGY ASA (PEN.OL) stock?
ChartMill assigns a valuation rating of 6 / 10 to PANORO ENERGY ASA (PEN.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for PANORO ENERGY ASA?
PANORO ENERGY ASA (PEN.OL) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for PEN stock?
The Earnings per Share (EPS) of PANORO ENERGY ASA (PEN.OL) is expected to decline by -62.61% in the next year.
Can you provide the dividend sustainability for PEN stock?
The dividend rating of PANORO ENERGY ASA (PEN.OL) is 5 / 10 and the dividend payout ratio is 86.5%.