Company Valuation: DNO ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,198 12,039 9,818 10,208 15,502 17,521 - -
Change - 18.05% -18.45% 3.97% 51.86% 13.02% - -
Enterprise Value (EV) 1 11,650 8,102 8,194 8,992 24,150 23,046 23,425 20,727
Change - -30.45% 1.13% 9.74% 168.58% -4.57% 1.64% -11.52%
P/E 5.66x 2.98x 47.4x -31.1x -32.8x 5.82x 4.3x 4.93x
PBR 1.14x 0.79x 0.75x 0.84x 1.2x 1.22x 1.03x 0.92x
PEG - 0x -0.5x 0x -0.7x -0x 0.1x -0.4x
Capitalization / Revenue 1.15x 0.85x 1.39x 1.37x 1.08x 0.65x 0.68x 0.73x
EV / Revenue 1.32x 0.57x 1.16x 1.2x 1.69x 0.85x 0.91x 0.87x
EV / EBITDA 2.18x 0.78x 2.01x 2.41x 2.95x 1.22x 1.27x 1.22x
EV / EBIT 4.13x 1.82x 3.25x 5.38x 4.85x 1.66x 1.82x 1.82x
EV / FCF 2.95x 2.13x -9.44x 13.6x -88.4x 5.06x 11.5x 7.74x
FCF Yield 33.9% 46.9% -10.6% 7.33% -1.13% 19.8% 8.67% 12.9%
Dividend per Share 2 0.2 0.75 1 - - 1.436 1.556 1.318
Rate of return 1.91% 6.35% 9.93% - - 7.99% 8.66% 7.34%
EPS 2 1.848 3.957 0.2124 -0.3363 -0.4852 3.089 4.184 3.645
Distribution rate 10.8% 19% 471% - - 46.5% 37.2% 36.2%
Net sales 1 8,836 14,214 7,088 7,476 14,305 27,055 25,875 23,885
EBITDA 1 5,340 10,344 4,075 3,736 8,187 18,947 18,498 16,925
EBIT 1 2,824 4,453 2,521 1,672 4,977 13,917 12,875 11,378
Net income 1 1,794 3,905 197.5 -303.8 -244.6 3,517 4,194 3,631
Net Debt 1 1,452 -3,937 -1,625 -1,216 8,647 5,525 5,904 3,206
Reference price 2 10.46 11.81 10.07 10.47 15.90 17.97 17.97 17.97
Nbr of stocks (in thousands) 975,433 1,019,377 975,000 975,000 975,000 975,000 - -
Announcement Date 2/10/22 2/9/23 2/8/24 2/6/25 2/5/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.82x0.85x1.22x7.99% 1.83B
11.55x2.27x5.44x2.81% 147B
12.14x3.33x6.08x3.81% 96.73B
8.56x2.8x4.79x2.82% 77.97B
13.35x3.72x5.42x2.12% 57.58B
8.04x2.65x4.16x1.76% 56.99B
9.55x1.41x4.79x2.08% 54.88B
10.69x2.56x4.88x2.61% 51.95B
12.19x3.36x4.99x6.3% 43.03B
12.4x4.02x5.78x1.25% 33.17B
Average 10.43x 2.70x 4.75x 3.36% 62.07B
Weighted average by Cap. 10.93x 2.78x 5.21x 2.9%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield