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Panoro Energy ASAPESAF 76 Debt-to-Equity is 1.38 as of Mar. 2026, which is 188% above its 10-year median of 0.48. GuruFocus rates PESAF with a GF Score™ of 76/100 and a GF Value™ of $3.77 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 796 Oil & Gas companies, Panoro Energy ASA ranks worse than 79.9% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Panoro Energy ASA's Debt-to-Equity or its related term are showing as below:
PESAF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.48 Max: 1.38
Current: 1.38
During the past 13 years, the highest Debt-to-Equity Ratio of Panoro Energy ASA was 1.38. The lowest was 0.00. And the median was 0.48.
PESAF's Debt-to-Equity is ranked worse than 79.9% of 796
companies
in the Oil & Gas industry
Industry Median: 0.465
vs PESAF: 1.38
Panoro Energy ASA (OTCPK:PESAF) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Panoro Energy ASA Debt-to-Equity Related Terms
Panoro Energy ASA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Panoro Energy ASA's Debt-to-Equity 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.
PESAF vs COP, EOG, FANG: Debt-to-Equity Comparison
For the Oil & Gas E&P subindustry, Panoro Energy ASA's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Panoro Energy ASA Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Panoro Energy ASA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Panoro Energy ASA's Debt-to-Equity 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.
Panoro Energy ASA (PESAF) has a Debt-to-Equity of 1.38 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Panoro Energy ASA and its competitors. This is 188% above median its historical median of 0.48. According to the industry distribution chart, Panoro Energy ASA ranks #636 out of 796 companies in the Oil & Gas industry, placing it in the top 79.9%.
Is Panoro Energy ASA's Debt-to-Equity too high?
Panoro Energy ASA's current Debt-to-Equity of 1.38 is 188% above median its 10-year median of 0.48. The Oil & Gas industry median Debt-to-Equity is 0.47. Panoro Energy ASA's value of 1.38 is 196.8% above this industry median. Based on the distribution chart, Panoro Energy ASA ranks #636 out of 796 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Panoro Energy ASA has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Panoro Energy ASA's Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Panoro Energy ASA ranks #636 out of 796 companies for Debt-to-Equity. This places Panoro Energy ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.47. Panoro Energy ASA's value of 1.38 is 196.8% above this benchmark. While the company's 10-year median is 0.48 vs. the industry median of 0.47, Panoro Energy ASA has consistently been above 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-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.47, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Panoro Energy ASA's current Debt-to-Equity of 1.38 is 196.8% above 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Panoro Energy ASA and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panoro Energy ASA's current Debt-to-Equity is 1.38, which is 188% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panoro Energy ASA stock overvalued right now?
Based on GuruFocus' analysis, Panoro Energy ASA (PESAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.77, compared to a current price of $2.90 — trading 23.1% below its estimated fair value. The current Debt-to-Equity is 1.38, which is 188% above median its 10-year median of 0.48 and 196.8% above the Oil & Gas industry median of 0.47. Panoro Energy ASA's overall GF Score™ is 76/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Panoro Energy ASA (PESAF), the current Debt-to-Equity is 1.38 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 Panoro Energy ASA (PESAF) Overvalued in 2026?
Based on GuruFocus' analysis, Panoro Energy ASA stock appears to be undervalued.
The current stock price of $2.90 is trading 23.1% below its estimated GF Value™ of $3.77.
GuruFocus considers Panoro Energy ASA to be Modestly Undervalued.
Key valuation signals for PESAF:
Debt-to-Equity: 1.38 (188% above median its 10-year median of 0.48)
GF Value™: $3.77 vs. price of $2.90 (23.1% below fair value)
Industry Position: 196.8% above the Oil & Gas median (#636 of 796)
No single metric tells the full story. See the PESAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panoro Energy ASA is a Norway-based exploration and production company principally engaged in the exploration of oil and gas. The Group has five reportable segments by geographic locations in Equatorial Guinea, Gabon, Tunisia, South Africa, and Corporate and Others. The company derives maximum revenue from Gabon segment.
76GF Score
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