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 59 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 valued correctly, but it does not seem to be growing.
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.
In the past 5 years PEN always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 5.04%, PEN perfoms like the industry average, outperforming 52.54% of the companies in the same industry.
PEN has a Return On Equity (14.13%) which is in line with its industry peers.
PEN has a Return On Invested Capital (6.95%) which is in line with 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
With a decent Profit Margin value of 16.29%, PEN is doing good in the industry, outperforming 66.10% of the companies in the same industry.
PEN's Profit Margin has been stable in the last couple of years.
PEN has a Operating Margin of 32.57%. This is in the better half of the industry: PEN outperforms 76.27% of its industry peers.
PEN's Operating Margin has declined in the last couple of years.
PEN has a Gross Margin of 115.43%. This is amongst the best in 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
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
PEN has an Altman-Z score of 0.61. 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 0.61 is on the low side compared to the rest of the industry. PEN is outperformed by 83.05% of its industry peers.
A Debt/Equity ratio of 0.58 indicates that PEN is somewhat dependend on debt financing.
The Debt to Equity ratio of PEN (0.58) is worse than 66.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.61 |
ROIC/WACC0.81
WACC8.54%
2.3 Liquidity
PEN has a Current Ratio of 1.90. This is a normal value and indicates that PEN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.90, PEN is in the better half of the industry, outperforming 67.80% of the companies in the same industry.
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.
PEN has a worse Quick ratio (0.98) than 67.80% of its industry peers.
| 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%.
PEN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 28.50% yearly.
PEN shows a decrease in Revenue. In the last year, the revenue decreased by -3.72%.
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
The Earnings Per Share is expected to decrease by -7.55% on average over the next years.
The Revenue is expected to decrease by -8.45% on average over the next years.
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
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
PEN is valuated reasonably with a Price/Earnings ratio of 9.08.
62.71% of the companies in the same industry are more expensive than PEN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.25. PEN is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 3.76, the valuation of PEN can be described as very cheap.
PEN's Price/Forward Earnings ratio is rather cheap when compared to the industry. PEN is cheaper than 94.92% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.15, PEN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.08 | ||
| Fwd PE | 3.76 |
4.2 Price Multiples
PEN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PEN is cheaper than 67.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.05 |
4.3 Compensation for Growth
PEN's 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)0.35
PEG (5Y)0.32
EPS Next 2Y15.56%
EPS Next 3Y13.59%
5. Dividend
5.1 Amount
PEN has a Yearly Dividend Yield of 8.04%, which is a nice return.
Compared to an average industry Dividend Yield of 60.24, 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.04% |
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 (5/30/2025, 7:00:00 PM)
24.05
-0.95 (-3.8%)
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 Cap2.81B
Analysts86.15
Price Target41.82 (73.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.04% |
Yearly Dividend2.92
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)0.35%
PT rev (3m)-2.38%
EPS NQ rev (1m)20.99%
EPS NQ rev (3m)32.43%
EPS NY rev (1m)0%
EPS NY rev (3m)-17.18%
Revenue NQ rev (1m)0.84%
Revenue NQ rev (3m)-5.79%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-19.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.08 | ||
| Fwd PE | 3.76 | ||
| P/S | 1.27 | ||
| P/FCF | N/A | ||
| P/OCF | 4.08 | ||
| P/B | 1.1 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 3.05 |
EPS(TTM)2.65
EY11.02%
EPS(NY)6.39
Fwd EY26.58%
FCF(TTM)-1.3
FCFYN/A
OCF(TTM)5.89
OCFY24.51%
SpS18.97
BVpS21.87
TBVpS21.87
PEG (NY)0.35
PEG (5Y)0.32
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 | 0.61 |
F-Score6
WACC8.54%
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%