PESAF (Panoro Energy ASA) Equity-to-Asset: 0.27 (As of Mar. 2026) — 29% Below Median

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PESAF Panoro Energy ASA PESAF
76 GF Score
Price $2.90
GF Value $3.26
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Panoro Energy ASA Equity-to-Asset?

Panoro Energy ASA PESAF 76 Equity-to-Asset is 0.27 as of Mar. 2026, which is 29% below its 10-year median of 0.38. GuruFocus rates PESAF with a GF Score™ of 76/100 and a GF Value™ of $3.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,024 Oil & Gas companies, Panoro Energy ASA ranks worse than 75.1% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Panoro Energy ASA's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $221.8 Mil. Panoro Energy ASA's Total Assets for the quarter that ended in Mar. 2026 was $835.8 Mil. Therefore, Panoro Energy ASA's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.27.

The historical rank and industry rank for Panoro Energy ASA's Equity-to-Asset or its related term are showing as below:

PESAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.38   Max: 0.93
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Panoro Energy ASA was 0.93. The lowest was 0.27. And the median was 0.38.

PESAF's Equity-to-Asset is ranked worse than
75.1% of 1024 companies
in the Oil & Gas industry
Industry Median: 0.49 vs PESAF: 0.27

Panoro Energy ASA  (OTCPK:PESAF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Panoro Energy ASA Equity-to-Asset Related Terms


Panoro Energy ASA Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Panoro Energy ASA's Equity-to-Asset 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.

Panoro Energy ASA Equity-to-Asset Chart

Panoro Energy ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.38 0.39 0.38 0.33

Panoro Energy ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset 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 0.36 0.36 0.35 0.33 0.27

PESAF vs COP, EOG, FANG: Equity-to-Asset Comparison

For the Oil & Gas E&P subindustry, Panoro Energy ASA's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Panoro Energy ASA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Panoro Energy ASA's Equity-to-Asset falls into.


PESAF
76GF Score
Panoro Energy ASA PESAF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panoro Energy ASA Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Panoro Energy ASA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=223.066/674.207
=0.33

Panoro Energy ASA's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=221.766/835.809
=0.27

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.27 mean?
Panoro Energy ASA (PESAF) has a Equity-to-Asset of 0.27 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Panoro Energy ASA and its competitors. This is 29% below median its historical median of 0.38. Over the past decade, Panoro Energy ASA's Equity-to-Asset has ranged from 0.27 to 0.93. According to the industry distribution chart, Panoro Energy ASA ranks #769 out of 1024 companies in the Oil & Gas industry, placing it in the top 75.1%.
Is Panoro Energy ASA's Equity-to-Asset too high?
Panoro Energy ASA's current Equity-to-Asset of 0.27 is 29% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.93. The Oil & Gas industry median Equity-to-Asset is 0.49. Panoro Energy ASA's value of 0.27 is 44.9% below this industry median. Based on the distribution chart, Panoro Energy ASA ranks #769 out of 1024 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 Equity-to-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Panoro Energy ASA ranks #769 out of 1024 companies for Equity-to-Asset. This places Panoro Energy ASA in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Panoro Energy ASA's value of 0.27 is 44.9% below this benchmark. Historically, Panoro Energy ASA's own Equity-to-Asset has ranged from 0.27 to 0.93 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.49, Panoro Energy 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 Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Panoro Energy ASA's current Equity-to-Asset of 0.27 is 44.9% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Panoro Energy ASA and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panoro Energy ASA's current Equity-to-Asset is 0.27, which is 29% below median its own 10-year median of 0.38. 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 $3.26, compared to a current price of $2.90 — trading 11% below its estimated fair value. The current Equity-to-Asset is 0.27, which is 29% below median its 10-year median of 0.38 and 44.9% below the Oil & Gas industry median of 0.49. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Panoro Energy ASA (PESAF), the current Equity-to-Asset is 0.27 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 11% below its estimated GF Value™ of $3.26. GuruFocus considers Panoro Energy ASA to be Modestly Undervalued.

Key valuation signals for PESAF:

  • Equity-to-Asset: 0.27 (29% below median its 10-year median of 0.38)
  • GF Value™: $3.26 vs. price of $2.90 (11% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 44.9% below the Oil & Gas median (#769 of 1024)

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 Business Description

Industry EnergyOil & Gas
Address c/o Advokatfirmaet BAHR AS, Tjuvholmen alle 16, Postboks 1524 Vika, Oslo, NOR, 1117
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

Get the complete analysis for PESAF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.90
Price
$3.26
GF Value