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 17,092 - -
Change - 18.05% -18.45% 3.97% 51.86% 10.25% - -
Enterprise Value (EV) 1 11,650 8,102 8,194 8,992 24,150 22,617 22,996 20,298
Change - -30.45% 1.13% 9.74% 168.58% -6.35% 1.67% -11.73%
P/E 5.66x 2.98x 47.4x -31.1x -32.8x 5.68x 4.19x 4.81x
PBR 1.14x 0.79x 0.75x 0.84x 1.2x 1.19x 1.01x 0.89x
PEG - 0x -0.5x 0x -0.7x -0x 0.1x -0.4x
Capitalization / Revenue 1.15x 0.85x 1.39x 1.37x 1.08x 0.63x 0.66x 0.72x
EV / Revenue 1.32x 0.57x 1.16x 1.2x 1.69x 0.84x 0.89x 0.85x
EV / EBITDA 2.18x 0.78x 2.01x 2.41x 2.95x 1.19x 1.24x 1.2x
EV / EBIT 4.13x 1.82x 3.25x 5.38x 4.85x 1.63x 1.79x 1.78x
EV / FCF 2.95x 2.13x -9.44x 13.6x -88.4x 4.96x 11.3x 7.58x
FCF Yield 33.9% 46.9% -10.6% 7.33% -1.13% 20.2% 8.83% 13.2%
Dividend per Share 2 0.2 0.75 1 - - 1.436 1.556 1.318
Rate of return 1.91% 6.35% 9.93% - - 8.19% 8.87% 7.52%
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 17.53 17.53 17.53
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.($)
11.28x2.21x5.33x2.88% 143B
11.74x3.23x5.93x3.94% 93.44B
8.2x2.74x4.67x2.88% 76.4B
13.09x3.65x5.32x2.17% 56.21B
7.93x2.66x4.18x1.78% 56.2B
9.39x1.38x4.75x2.11% 53.91B
10.28x2.48x4.75x2.66% 50.87B
11.8x3.26x4.84x6.51% 41.64B
6.14x1.6x3.72x5.14% 33.63B
Average 9.98x 2.58x 4.83x 3.34% 67.27B
Weighted average by Cap. 10.32x 2.60x 5.01x 3.17%

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