Financials Panoro Energy ASA

Equities

PEN

NO0010564701

Oil & Gas Exploration and Production

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
28.05 NOK +2.00% Intraday chart for Panoro Energy ASA +0.54% +3.74%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 178.7 125.1 278.1 325.6 311.1 297 - -
Enterprise Value (EV) 1 173.3 130.7 350.4 372.4 352.7 318.7 236.5 187
P/E ratio 16.2 x -22.7 x 4.16 x 14.3 x 9.17 x 2.95 x 2.93 x 3.18 x
Yield - - - 0.89% 4.92% 12.8% 16.2% 19.3%
Capitalization / Revenue 3.71 x 4.65 x 2.32 x 1.73 x 1.36 x 0.97 x 0.91 x 0.99 x
EV / Revenue 3.6 x 4.86 x 2.93 x 1.97 x 1.54 x 1.04 x 0.73 x 0.62 x
EV / EBITDA 6.42 x 25.4 x 2.61 x 2.94 x 2.61 x 1.54 x 1.09 x 0.98 x
EV / FCF -635 x -9.75 x 46.9 x 8.46 x 35.2 x 4.31 x 1.95 x 1.8 x
FCF Yield -0.16% -10.3% 2.13% 11.8% 2.84% 23.2% 51.3% 55.6%
Price to Book 2.46 x 1.84 x 1.42 x 1.58 x 1.3 x 1.03 x 0.86 x 0.81 x
Nbr of stocks (in thousands) 68,800 69,022 113,384 113,689 116,944 116,944 - -
Reference price 2 2.598 1.813 2.453 2.864 2.660 2.540 2.540 2.540
Announcement Date 2/26/20 2/25/21 2/23/22 2/22/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 48.19 26.9 119.7 188.6 228.9 305.3 325.7 301.2
EBITDA 1 26.97 5.145 134.3 126.6 135.1 206.8 217.9 190.4
EBIT 1 26.05 -1.818 115.5 81.52 93.53 164.1 167.1 147.2
Operating Margin 54.05% -6.76% 96.53% 43.22% 40.86% 53.74% 51.32% 48.88%
Earnings before Tax (EBT) 1 19.2 2.308 64.55 61.15 74.34 158.2 164.4 150
Net income 1 10.25 -4.9 50.24 23.69 33.38 99.75 102.3 92
Net margin 21.26% -18.22% 41.99% 12.56% 14.58% 32.68% 31.41% 30.54%
EPS 2 0.1600 -0.0800 0.5900 0.2000 0.2900 0.8601 0.8661 0.7975
Free Cash Flow 1 -0.273 -13.4 7.464 44 10.02 73.92 121.2 104
FCF margin -0.57% -49.82% 6.24% 23.33% 4.38% 24.21% 37.23% 34.52%
FCF Conversion (EBITDA) - - 5.56% 34.75% 7.42% 35.74% 55.65% 54.61%
FCF Conversion (Net income) - - 14.86% 185.74% 30.03% 74.1% 118.54% 113.02%
Dividend per Share 2 - - - 0.0256 0.1310 0.3257 0.4123 0.4900
Announcement Date 2/26/20 2/25/21 2/23/22 2/22/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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 3.723 - 16.15 5.541 96.1 70.86 60.67 5.669 107.3 55.22 59.9 71.67 66.57 108
EBITDA 1 1.478 - 16.05 4.788 68.4 37.42 35.56 3.334 64.78 31.4 42.47 51.3 47.73 80.9
EBIT 1 -9.875 - 6.107 -4.3 58.73 20.98 28.81 -5.926 53.17 17.47 31.33 37.7 32.43 63.33
Operating Margin -265.24% - 37.81% -77.6% 61.11% 29.61% 47.49% -104.53% 49.55% 31.64% 52.31% 52.6% 48.72% 58.64%
Earnings before Tax (EBT) 1 - 19.12 -2.203 -9.668 56.23 16.8 24.48 -10.01 46.71 13.17 30 35.5 24.5 66
Net income 1 -19.89 - -9.085 -12.43 35.4 9.838 14.37 -13.43 27.9 4.541 18.3 22.07 16.47 43.27
Net margin -534.3% - -56.25% -224.27% 36.84% 13.88% 23.68% -236.9% 26% 8.22% 30.55% 30.79% 24.74% 40.06%
EPS 2 -0.1800 - -0.0800 -0.1100 0.3100 0.0900 0.1300 -0.1200 0.2400 0.0400 0.1567 0.1900 0.1433 0.3700
Dividend per Share 2 - - - - - 0.0256 0.0243 0.0322 0.0321 0.0406 0.0800 0.0900 0.1050 0.1200
Announcement Date 11/22/21 2/23/22 5/25/22 8/24/22 11/30/22 2/22/23 5/24/23 8/23/23 11/29/23 2/22/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 5.56 72.3 46.8 41.7 21.7 - -
Net Cash position 1 5.42 - - - - - 60.5 110
Leverage (Debt/EBITDA) - 1.08 x 0.5384 x 0.3699 x 0.3085 x 0.1047 x - -
Free Cash Flow 1 -0.27 -13.4 7.46 44 10 73.9 121 104
ROE (net income / shareholders' equity) 17.2% -1.13% 38% 11.7% 15.1% 34.6% 30.2% 26%
ROA (Net income/ Total Assets) - - - 4.24% 5.78% 15.2% 16% 15.4%
Assets 1 - - - 558.4 577.6 656.3 639.3 597.4
Book Value Per Share 2 1.060 0.9800 1.720 1.820 2.050 2.470 2.960 3.120
Cash Flow per Share 2 - 0.0100 0.5100 0.8300 0.6700 1.380 1.500 1.040
Capex 1 11.5 13.9 35.6 54.4 67.1 74 39.9 35.2
Capex / Sales 23.92% 51.49% 29.75% 28.83% 29.3% 24.24% 12.26% 11.68%
Announcement Date 2/26/20 2/25/21 2/23/22 2/22/23 2/22/24 - - -
1USD in Million2USD
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
6
Last Close Price
2.54 USD
Average target price
3.978 USD
Spread / Average Target
+56.64%
Consensus
  1. Stock Market
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  4. Financials Panoro Energy ASA