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 17,433 - -
Change - 18.05% -18.45% 3.97% 51.86% 12.45% - -
Enterprise Value (EV) 1 11,650 8,102 8,194 8,992 24,150 22,341 21,762 21,584
Change - -30.45% 1.13% 9.74% 168.58% -7.49% -2.59% -0.82%
P/E 5.66x 2.98x 47.4x -31.1x -32.8x 6.31x 5.34x 6.31x
PBR 1.14x 0.79x 0.75x 0.84x 1.2x 1.26x 1.12x 1.03x
PEG - 0x -0.5x 0x -0.7x -0x 0.3x -0.4x
Capitalization / Revenue 1.15x 0.85x 1.39x 1.37x 1.08x 0.67x 0.67x 0.77x
EV / Revenue 1.32x 0.57x 1.16x 1.2x 1.69x 0.86x 0.84x 0.95x
EV / EBITDA 2.18x 0.78x 2.01x 2.41x 2.95x 1.23x 1.19x 1.37x
EV / EBIT 4.13x 1.82x 3.25x 5.38x 4.85x 1.67x 1.67x 2.02x
EV / FCF 2.95x 2.13x -9.44x 13.6x -88.4x 4.71x 8.43x 12.2x
FCF Yield 33.9% 46.9% -10.6% 7.33% -1.13% 21.2% 11.9% 8.23%
Dividend per Share 2 0.2 0.75 1 - - 1.413 1.413 1.413
Rate of return 1.91% 6.35% 9.93% - - 7.9% 7.9% 7.9%
EPS 2 1.848 3.957 0.2124 -0.3363 -0.4852 2.834 3.349 2.832
Distribution rate 10.8% 19% 471% - - 49.9% 42.2% 49.9%
Net sales 1 8,836 14,214 7,088 7,476 14,305 25,907 25,834 22,699
EBITDA 1 5,340 10,344 4,075 3,736 8,187 18,177 18,320 15,736
EBIT 1 2,824 4,453 2,521 1,672 4,977 13,344 13,036 10,709
Net income 1 1,794 3,905 197.5 -303.8 -244.6 2,981 3,446 2,914
Net Debt 1 1,452 -3,937 -1,625 -1,216 8,647 4,908 4,329 4,151
Reference price 2 10.46 11.81 10.07 10.47 15.90 17.88 17.88 17.88
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.($)
6.31x0.86x1.23x7.9% 1.87B
12.56x2.4x5.49x2.55% 160B
12.71x3.35x6.38x3.54% 105B
8.94x2.72x4.76x2.75% 78.79B
7.7x2.53x4.01x1.73% 60.09B
9.9x1.43x4.71x1.95% 59.43B
12.4x3.71x5.26x2.12% 57.57B
9.78x2.58x5.02x2.35% 55.46B
13.21x3.5x5.29x5.46% 45.53B
6.38x1.61x3.98x5.18% 36.25B
Average 9.99x 2.47x 4.61x 3.55% 65.99B
Weighted average by Cap. 10.91x 2.67x 5.17x 2.91%

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