Financials DNO ASA OTC Markets

Equities

DTNO.F

NO0003921009

Oil & Gas Exploration and Production

Market Closed - OTC Markets 20:32:07 17/07/2024 BST 5-day change 1st Jan Change
1.02 USD 0.00% Intraday chart for DNO ASA +1.49% +2.00%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,432 6,699 10,198 12,039 9,818 10,725 - -
Enterprise Value (EV) 1 15,850 10,782 11,650 8,102 8,194 8,830 8,631 9,215
P/E ratio 17.9 x -2.8 x 5.66 x 2.98 x 47.4 x 10.3 x 6.93 x 10.5 x
Yield 4.02% - 1.91% 6.35% 9.93% 9.26% 9.27% 9.44%
Capitalization / Revenue 1.28 x 1.29 x 1.15 x 0.85 x 1.39 x 1.27 x 1.24 x 1.31 x
EV / Revenue 1.77 x 2.08 x 1.32 x 0.57 x 1.16 x 1.04 x 1 x 1.12 x
EV / EBITDA 3.12 x 3.96 x 2.18 x 0.78 x 2.01 x 1.96 x 1.72 x 1.94 x
EV / FCF -46.9 x 6.89 x 2.95 x 2.13 x -9.44 x 49.8 x 3.72 x 4.66 x
FCF Yield -2.13% 14.5% 33.9% 46.9% -10.6% 2.01% 26.9% 21.5%
Price to Book 1.06 x 0.92 x 1.14 x 0.79 x 0.75 x 0.83 x 0.83 x 0.81 x
Nbr of stocks (in thousands) 988,114 975,433 975,433 1,019,377 975,000 975,000 - -
Reference price 2 11.57 6.868 10.46 11.81 10.07 11.00 11.00 11.00
Announcement Date 07/02/20 11/02/21 10/02/22 09/02/23 08/02/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,948 5,193 8,836 14,214 7,088 8,472 8,626 8,212
EBITDA 1 5,075 2,726 5,340 10,344 4,075 4,495 5,026 4,757
EBIT 1 2,195 -2,656 2,824 4,453 2,521 1,913 2,042 2,063
Operating Margin 24.53% -51.15% 31.96% 31.33% 35.57% 22.57% 23.67% 25.12%
Earnings before Tax (EBT) 1 -441.5 -3,596 1,937 3,577 1,607 2,231 2,611 2,139
Net income 1 678.9 -2,414 1,794 3,905 197.5 835.8 1,308 1,020
Net margin 7.59% -46.5% 20.31% 27.47% 2.79% 9.86% 15.17% 12.43%
EPS 2 0.6466 -2.449 1.848 3.957 0.2124 1.064 1.588 1.044
Free Cash Flow 1 -338.2 1,566 3,944 3,803 -867.5 177.4 2,323 1,979
FCF margin -3.78% 30.15% 44.64% 26.75% -12.24% 2.09% 26.92% 24.09%
FCF Conversion (EBITDA) - 57.43% 73.85% 36.76% - 3.95% 46.21% 41.59%
FCF Conversion (Net income) - - 219.82% 97.38% - 21.22% 177.51% 193.9%
Dividend per Share 2 0.4646 - 0.2000 0.7500 1.000 1.019 1.020 1.038
Announcement Date 07/02/20 11/02/21 10/02/22 09/02/23 08/02/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 3,489 3,341 3,433 3,584 3,490 2,866 614.9 1,569 2,116 1,986 1,930 2,133 2,905
EBITDA 1 1,837 2,832 2,436 2,632 2,300 2,131 -50.63 798.9 1,240 1,200 986.5 1,155 1,975
EBIT 1,128 - 770.4 2,019 -786.6 1,651 -158.2 452.8 596.7 - - - -
Operating Margin 32.33% - 22.44% 56.34% -22.54% 57.62% -25.73% 28.87% 28.2% - - - -
Earnings before Tax (EBT) 1 923.1 - 475.5 1,860 -895 1,685 -166.7 -219.2 302.6 644.6 473.6 623.9 1,377
Net income 1 570.2 1,383 684.8 1,370 432.2 926.8 -195.1 -606.4 44.6 182.6 230.6 276.1 540.1
Net margin 16.34% 41.4% 19.94% 38.23% 12.38% 32.34% -31.73% -38.65% 2.11% 9.2% 11.95% 12.94% 18.59%
EPS 2 0.6160 - 0.6658 1.374 0.4058 0.9588 -0.2110 -0.6676 - 0.2174 0.2370 0.2830 0.5540
Dividend per Share 2 0.2000 - - - - 0.2500 0.2500 0.2500 0.2500 0.2500 0.3170 - -
Announcement Date 10/02/22 12/05/22 11/08/22 03/11/22 09/02/23 11/05/23 17/08/23 09/11/23 08/02/24 08/05/24 - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,418 4,082 1,452 - - - - -
Net Cash position 1 - - - 3,937 1,625 1,895 2,094 1,510
Leverage (Debt/EBITDA) 0.8706 x 1.498 x 0.2719 x - - - - -
Free Cash Flow 1 -338 1,566 3,944 3,803 -868 177 2,323 1,979
ROE (net income / shareholders' equity) 6.18% -28.5% 21.9% 32.2% 1.61% 6.39% 10.8% 7.85%
ROA (Net income/ Total Assets) 2.79% -9.56% - 13.4% 0.77% - - -
Assets 1 24,368 25,253 - 29,173 25,649 - - -
Book Value Per Share 2 10.90 7.490 9.190 15.00 13.40 13.30 13.20 13.60
Cash Flow per Share 3.310 3.370 6.570 - - - - -
Capex 1 3,790 1,796 2,469 6,914 1,737 2,651 3,536 3,973
Capex / Sales 42.35% 34.59% 27.95% 48.64% 24.51% 31.29% 40.99% 48.38%
Announcement Date 07/02/20 11/02/21 10/02/22 09/02/23 08/02/24 - - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
11 NOK
Average target price
14.62 NOK
Spread / Average Target
+32.95%
Consensus