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DNO ASACHIX:DNOO 75 Debt-to-EBITDA is 0.79 as of Mar. 2026, which is 53% below its 10-year median of 1.67. GuruFocus rates CHIX:DNOO with a GF Score™ of 75/100 and a GF Value™ of kr30.38 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 705 Oil & Gas companies, DNO ASA ranks better than 69.93% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for DNO ASA's Debt-to-EBITDA or its related term are showing as below:
CHIX:DNOo'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.63 Med: 1.67 Max: 41.57
Current: 1.04
During the past 13 years, the highest Debt-to-EBITDA Ratio of DNO ASA was 41.57. The lowest was 0.63. And the median was 1.67.
CHIX:DNOo's Debt-to-EBITDA is ranked better than 69.93% of 705
companies
in the Oil & Gas industry
Industry Median: 2.01
vs CHIX:DNOo: 1.04
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
DNO ASA Debt-to-EBITDA Related Terms
DNO ASA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for DNO ASA's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CHIX:DNOO vs COP, EOG, FANG: Debt-to-EBITDA Comparison
For the Oil & Gas E&P subindustry, DNO ASA's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DNO ASA Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DNO ASA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where DNO ASA's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
DNO ASA (CHIX:DNOO) has a Debt-to-EBITDA of 0.79 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on DNO ASA. This is 53% below median its historical median of 1.67. Over the past decade, DNO ASA's Debt-to-EBITDA has ranged from 0.63 to 41.57. According to the industry distribution chart, DNO ASA ranks #212 out of 705 companies in the Oil & Gas industry, placing it in the top 30.1%.
Is DNO ASA's Debt-to-EBITDA too high?
DNO ASA's current Debt-to-EBITDA of 0.79 is 53% below median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 41.57. The Oil & Gas industry median Debt-to-EBITDA is 2.01. DNO ASA's value of 0.79 is 60.7% below this industry median. Based on the distribution chart, DNO ASA ranks #212 out of 705 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, DNO ASA has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DNO ASA's Debt-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, DNO ASA ranks #212 out of 705 companies for Debt-to-EBITDA. This puts DNO ASA in the upper half of its industry. The industry median Debt-to-EBITDA is 2.01. DNO ASA's value of 0.79 is 60.7% below this benchmark. Historically, DNO ASA's own Debt-to-EBITDA has ranged from 0.63 to 41.57 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 2.01, DNO ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DNO ASA's current Debt-to-EBITDA of 0.79 is 60.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on DNO ASA. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNO ASA's current Debt-to-EBITDA is 0.79, which is 53% below median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNO ASA stock overvalued right now?
Based on GuruFocus' analysis, DNO ASA (CHIX:DNOO) is currently considered Possible Value Trap. The stock's GF Value™ is kr30.38, compared to a current price of kr16.34 — trading 46.2% below its estimated fair value. The current Debt-to-EBITDA is 0.79, which is 53% below median its 10-year median of 1.67 and 60.7% below the Oil & Gas industry median of 2.01. DNO ASA's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For DNO ASA (CHIX:DNOO), the current Debt-to-EBITDA is 0.79 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is DNO ASA (CHIX:DNOO) Overvalued in 2026?
Based on GuruFocus' analysis, DNO ASA stock appears to be undervalued.
The current stock price of kr16.34 is trading 46.2% below its estimated GF Value™ of kr30.38.
GuruFocus considers DNO ASA to be Possible Value Trap.
Key valuation signals for CHIX:DNOO:
Debt-to-EBITDA: 0.79 (53% below median its 10-year median of 1.67)
GF Value™: kr30.38 vs. price of kr16.34 (46.2% below fair value)
Industry Position: 60.7% below the Oil & Gas median (#212 of 705)
No single metric tells the full story. See the CHIX:DNOO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DNO ASA is an oil and gas exploration and production company. Its producing assets are located across the North Sea, which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, the sale of gas, and natural gas liquids.
75GF Score
Get the complete analysis for CHIX:DNOO
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