(DOFG) DOF ASA - OL

Sector: Industrials | Industry: Engineering & Construction | Exchange: OL (Norway) | Market Cap: 29.947m NOK | Total Return: 48.6% in 12m

Total Rating 50
Safety 72
Buy Signal -0.88
Engineering & Construction
Industry Rotation: +0.3
Market Cap: 3.15B
Avg Turnover: 44.4M
Risk 3d forecast
Volatility28.2%
VaR 5th Pctl5.01%
VaR vs Median7.62%
Reward TTM
Sharpe Ratio1.59
Rel. Str. IBD69.3
Rel. Str. Peer Group43.6
Character TTM
Beta0.652
Beta Downside0.836
Hurst Exponent0.578
Drawdowns 3y
Max DD33.11%
CAGR/Max DD1.73
CAGR/Mean DD5.82
EPS (Earnings per Share) EPS (Earnings per Share) of DOFG over the last years for every Quarter: "2021-06": null, "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": null, "2022-09": null, "2022-12": null, "2023-03": 0.145, "2023-06": 0.66, "2023-09": 0.14, "2023-12": 1.49, "2024-03": 0.03, "2024-06": 0.04, "2024-09": 0.38, "2024-12": 0.86, "2025-03": 0.3, "2025-06": 0.55, "2025-09": 0.44, "2025-12": 0.6, "2026-03": 0.21,
Last SUE: -0.58
Qual. Beats: 0
Revenue Revenue of DOFG over the last years for every Quarter: 2021-06: 1716, 2021-09: 1738, 2021-12: 1653, 2022-03: 1814, 2022-06: 218.548, 2022-09: 229.758, 2022-12: 342.499, 2023-03: 2635, 2023-06: 3118, 2023-09: 2970, 2023-12: 3205, 2024-03: 3313.79, 2024-06: 3538.24, 2024-09: 3587.636, 2024-12: 410, 2025-03: 4134.018089, 2025-06: 4882.100385, 2025-09: 4695.085625, 2025-12: 540, 2026-03: 475,
Rev. CAGR: 15.86%
Rev. Trend: 57.7%
Last SUE: 0.00
Qual. Beats: 0

Warnings

Share dilution 34.2% YoY

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: DOFG DOF ASA
DOF Group ASA owns and operates a fleet of offshore and subsea vessels. The company operates through Shipowning; DOF Subsea regions; Norskan Offshore; and DOFCON JV segments. It provides construction and installation; decommissioning; engineering; inspection, maintenance, and repair; offshore wind; remote operated vehicles (ROV) and autonomous underwater vehicles (AUV); saturation and air diving; survey and positioning; and towing, mooring, and installation services. It also offers port and marine logistics for floating wind; turbine integration and marshalling; transport and installation and subsea operation; dynamic cable installation and repair; anchor and mooring installation; offshore cable installation for wind farms; subsea cable repair services; and subsea construction for fixed wind. In addition, it offers crewing, maintenance, mobilization, and new building services. The company operates a fleet of 6 PSVs, 18 CSVs, and 25 AHTSs, as well as 74 remotely operated vehicles and autonomous underwater vehicles. It operates in Brazil, the United States, Australia, the United Kingdom, Norway, Angola, Mauritania, Guyana, Congo, the Netherlands, Canada, Singapore, the Philippines, Argentina, and internationally. DOF Group ASA was founded in 1981 and is headquartered in Storebø, Norway.
Headlines to Watch Out For
Piotroski VR-10 (Strict) 4.5
Net Income: 2.70b TTM > 0 and > 6% of Revenue
FCF/TA: 0.13 > 0.02 and ΔFCF/TA -7.95 > 1.0
NWC/Revenue: 4.34% < 20% (prev 2.76%; Δ 1.58% < -1%)
CFO/TA 0.41 > 3% & CFO 1.71b > Net Income 2.70b
Net Debt (-152.0m) to EBITDA (2.92b): -0.05 < 3
Current Ratio: 1.84 > 1.5 & < 3
Outstanding Shares: last quarter (246.3m) vs 12m ago -0.00% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 265.7% > 50% (prev 310.3%; Δ -44.59% > 0%)
Interest Coverage Ratio: 8.71 > 6 (EBIT TTM 2.73b / Interest Expense TTM 313.2m)
Altman Z'' 6.92
A: 0.11 (Total Current Assets 1.01b - Total Current Liabilities 546.0m) / Total Assets 4.21b
B: 0.19 (Retained Earnings 785.0m / Total Assets 4.21b)
C: 0.68 (EBIT TTM 2.73b / Avg Total Assets 3.99b)
D: 0.95 (Book Value of Equity 2.05b / Total Liabilities 2.16b)
Altman-Z'' = 6.92 = AAA
Beneish M -3.08
DSRI: 1.36 (Receivables 517.0m/420.0m, Revenue 10.6b/11.7b)
GMI: 0.64 (GM 64.29% / 100.0%)
AQI: 1.03 (AQ_t 0.16 / AQ_t-1 0.15)
SGI: 0.91 (Revenue 10.6b / 11.7b)
TATA: 0.24 (NI 2.70b - CFO 1.71b) / TA 4.21b)
Beneish M = -3.08 (Cap -4..+1) = AA
What is the price of DOFG shares?

As of June 17, 2026, the stock is trading at NOK 118.50 with a total of 375,561 shares traded.
Over the past week, the price has changed by -1.90%, over one month by -14.92%, over three months by -2.56% and over the past year by +48.61%.

Is DOFG a buy, sell or hold?

DOF ASA has no consensus analysts rating.

DOF ASA (DOFG) - Fundamental Data Overview as of 17 June 2026
Market Cap USD = 3.15b (29.9b NOK * 0.1052 NOK.USD)
Market Cap USD = 3.15b (29.9b NOK * 0.1052 NOK.USD)
P/E Trailing = 6.8817
P/E Forward = 7.6161
P/S = 15.3341
P/B = 1.5285
Revenue TTM = 10.6b USD
EBIT TTM = 2.73b USD
EBITDA TTM = 2.92b USD
Long Term Debt = 1.48b USD (from longTermDebt, last quarter)
Short Term Debt = 102.0m USD (from shortLongTermDebt, last quarter)
Debt = 176.0m USD (Leases only: 176.0m)
Net Debt = -152.0m USD (calculated: Debt 176.0m - CCE 328.0m)
Enterprise Value = 3.00b USD (3.15b + Debt 176.0m - CCE 328.0m)
Interest Coverage Ratio = 8.71 (Ebit TTM 2.73b / Interest Expense TTM 313.2m)
EV/FCF = 5.52x (Enterprise Value 3.00b / FCF TTM 543.0m)
FCF Yield = 18.11% (FCF TTM 543.0m / Enterprise Value 3.00b)
FCF Margin = 5.13% (FCF TTM 543.0m / Revenue TTM 10.6b)
Net Margin = 25.48% (Net Income TTM 2.70b / Revenue TTM 10.6b)
 Gross Margin = unknown ((Revenue TTM 10.6b - Cost of Revenue TTM 0.0) / Revenue TTM)
 Tobins Q-Ratio = 0.71 (Enterprise Value 3.00b / Total Assets 4.21b)
 Interest Expense / Debt = 178.0% (Interest Expense 313.2m / Debt 176.0m)
 Taxrate = 1.46% (46.0m / 3.14b)
NOPAT = 2.69b (EBIT 2.73b * (1 - 1.46%))
Current Ratio = 1.84 (Total Current Assets 1.01b / Total Current Liabilities 546.0m)
Debt / Equity = 0.09 (Debt 176.0m / totalStockholderEquity, last quarter 2.05b)
Debt / EBITDA = -0.05 (Net Debt -152.0m / EBITDA 2.92b)
Debt / FCF = -0.28 (Net Debt -152.0m / FCF TTM 543.0m)
Total Stockholder Equity = 10.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 67.71% (Net Income 2.70b / Total Assets 4.21b)
RoE = 24.88% (Net Income TTM 2.70b / Total Stockholder Equity 10.9b)
RoCE = 22.12% (EBIT 2.73b / Capital Employed (Equity 10.9b + L.T.Debt 1.48b))
RoIC = 80.50% (NOPAT 2.69b / Invested Capital 3.34b)
WACC = 7.84% (E(3.15b)/V(3.33b) * Re(8.28%) + (debt cost/tax rate unavailable))
Discount Rate = 8.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 78.21 | Cagr: 16.77%
[DCF] Terminal Value 73.10% ; FCFF base≈639.3m ; Y1≈560.7m ; Y5≈453.0m
[DCF] Fair Price = 30.14 (EV 7.27b - Net Debt -152.0m = Equity 7.42b / Shares 246.3m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.58 | # QB: 0
Revenue Correlation: 57.66 | Revenue CAGR: 15.86% | SUE: -0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.51 | Chg30d=-4.24% | Revisions=+20% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.53 | Chg30d=-6.12% | Revisions=+20% | Analysts=4
EPS current Year (2026-12-31): EPS=1.71 | Chg30d=-1.42% | Revisions=-25% | GrowthEPS=-9.4% | GrowthRev=+9.7%
EPS next Year (2027-12-31): EPS=1.76 | Chg30d=-0.41% | Revisions=+25% | GrowthEPS=+3.1% | GrowthRev=+0.9%
[Analyst] Revisions Ratio: -25%