Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Panoro Energy ASA's operating assets for the quarter that ended in Mar. 2026 was kr7,388 Mil. Panoro Energy ASA's operating liabilities for the quarter that ended in Mar. 2026 was kr2,979 Mil. Panoro Energy ASA's Total Assets for the quarter that ended in Dec. 2025 was kr6,814 Mil. Therefore, Panoro Energy ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.
Panoro Energy ASA Scaled Net Operating Assets Related Terms
Panoro Energy ASA Scaled Net Operating Assets Historical Data
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The historical data trend for Panoro Energy ASA's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart
OSL:PEN vs COP, EOG, FANG: Scaled Net Operating Assets Comparison
For the Oil & Gas E&P subindustry, Panoro Energy ASA's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Panoro Energy ASA's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Panoro Energy ASA's Scaled Net Operating Assets 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.
What does a Scaled Net Operating Assets of 0.65 mean?
Panoro Energy ASA (OSL:PEN) has a Scaled Net Operating Assets of 0.65 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Panoro Energy ASA and its competitors.
Is Panoro Energy ASA's Scaled Net Operating Assets too high?
Panoro Energy ASA's current Scaled Net Operating Assets is 0.65. Overall, Panoro Energy ASA has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Panoro Energy ASA's Scaled Net Operating Assets compare to COP and EOG?
Panoro Energy ASA's Scaled Net Operating Assets of 0.65 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Panoro Energy ASA and its competitors. Panoro Energy ASA's current Scaled Net Operating Assets is 0.65. 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 (OSL:PEN) is currently considered Modestly Undervalued. The stock's GF Value™ is kr31.82, compared to a current price of kr26.00 — trading 18.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.65. Panoro Energy ASA's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Panoro Energy ASA (OSL:PEN), the current Scaled Net Operating Assets is 0.65 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 (OSL:PEN) Overvalued in 2026?
Based on GuruFocus' analysis, Panoro Energy ASA stock appears to be undervalued.
The current stock price of kr26.00 is trading 18.3% below its estimated GF Value™ of kr31.82.
GuruFocus considers Panoro Energy ASA to be Modestly Undervalued.
Key valuation signals for OSL:PEN:
Scaled Net Operating Assets: 0.65
GF Value™: kr31.82 vs. price of kr26.00 (18.3% below fair value)
No single metric tells the full story. See the OSL:PEN 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.
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