DNO ASA (CHIX:DNOO) Earnings Yield (Joel Greenblatt) %: 26.18% (As of Mar. 2026) — 72% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:DNOO DNO ASA CHIX:DNOO
81 GF Score
Price kr16.34
GF Value kr31.84
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is DNO ASA Earnings Yield (Joel Greenblatt) %?

DNO ASA CHIX:DNOO 81 Earnings Yield (Joel Greenblatt) % is 26.18% as of Mar. 2026, which is 72% above its 10-year median of 15.26. GuruFocus rates CHIX:DNOO with a GF Score™ of 81/100 and a GF Value™ of kr31.84 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,033 Oil & Gas companies, DNO ASA ranks better than 94.68% on this metric.

DNO ASA's Enterprise Value for the quarter that ended in Mar. 2026 was kr29,193 Mil. DNO ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr7,685 Mil. DNO ASA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 26.18%.

The historical rank and industry rank for DNO ASA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

CHIX:DNOo' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -28.39   Med: 15.26   Max: 64.88
Current: 31.6

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of DNO ASA was 64.88%. The lowest was -28.39%. And the median was 15.26%.

CHIX:DNOo's Earnings Yield (Joel Greenblatt) % is ranked better than
94.68% of 1033 companies
in the Oil & Gas industry
Industry Median: 4.92 vs CHIX:DNOo: 31.60

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. DNO ASA's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 29.99%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


DNO ASA  (CHIX:DNOo) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


DNO ASA Earnings Yield (Joel Greenblatt) % Related Terms


DNO ASA Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for DNO ASA's Earnings Yield (Joel Greenblatt) % 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.

DNO ASA Earnings Yield (Joel Greenblatt) % Chart

DNO ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.83 49.26 26.60 7.03 21.23

DNO ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.47 4.59 12.02 21.23 26.18

CHIX:DNOO vs COP, EOG, FANG: Earnings Yield (Joel Greenblatt) % Comparison

For the Oil & Gas E&P subindustry, DNO ASA's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DNO ASA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where DNO ASA's Earnings Yield (Joel Greenblatt) % falls into.


CHIX:DNOO
81GF Score
DNO ASA CHIX:DNOO
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DNO ASA Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

DNO ASAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=5291.973/24007.771
=22.04 %

DNO ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr7,685 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 26.18% mean?
DNO ASA (CHIX:DNOO) has a Earnings Yield (Joel Greenblatt) % of 26.18% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on DNO ASA and its competitors. This is 72% above median its historical median of 15.26. According to the industry distribution chart, DNO ASA ranks #55 out of 1033 companies in the Oil & Gas industry, placing it in the top 5.3%.
Is DNO ASA's Earnings Yield (Joel Greenblatt) % too high?
DNO ASA's current Earnings Yield (Joel Greenblatt) % of 26.18% is 72% above median its 10-year median of 15.26. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 4.92. DNO ASA's value of 26.18% is 432.1% above this industry median. Based on the distribution chart, DNO ASA ranks #55 out of 1033 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, DNO ASA has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DNO ASA's Earnings Yield (Joel Greenblatt) % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, DNO ASA ranks #55 out of 1033 companies for Earnings Yield (Joel Greenblatt) %. This places DNO ASA in the top 5% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.92. DNO ASA's value of 26.18% is 432.1% above this benchmark. While the company's 10-year median is 15.26 vs. the industry median of 4.92, DNO 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 Earnings Yield (Joel Greenblatt) % for an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 4.92, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DNO ASA's current Earnings Yield (Joel Greenblatt) % of 26.18% is 432.1% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on DNO ASA and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNO ASA's current Earnings Yield (Joel Greenblatt) % is 26.18%, which is 72% above median its own 10-year median of 15.26. 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 kr31.84, compared to a current price of kr16.34 — trading 48.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 26.18%, which is 72% above median its 10-year median of 15.26 and 432.1% above the Oil & Gas industry median of 4.92. DNO ASA's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For DNO ASA (CHIX:DNOO), the current Earnings Yield (Joel Greenblatt) % is 26.18% 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 48.7% below its estimated GF Value™ of kr31.84. GuruFocus considers DNO ASA to be Possible Value Trap.

Key valuation signals for CHIX:DNOO:

  • Earnings Yield (Joel Greenblatt) %: 26.18% (72% above median its 10-year median of 15.26)
  • GF Value™: kr31.84 vs. price of kr16.34 (48.7% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 432.1% above the Oil & Gas median (#55 of 1033)

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 Business Description

Industry EnergyOil & Gas
Address Dokkveien 1, Aker Brygge, Oslo, NOR, 0250
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.
81GF Score

Get the complete analysis for CHIX:DNOO

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr16.34
Price
kr31.84
GF Value