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DNO Valuation Multiples
Discover revenue and EBITDA valuation multiples for DNO and similar public comparables like Isramco Negev 2, Brava Energia, LandBridge, ACEN and more.
DNO Overview
About DNO
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.
Founded
1971
HQ
Employees
1.1K
Website
Sectors
Financials (LTM)
EV
$3B
DNO Financials
DNO reported last 12-month revenue of $2B and EBITDA of $1B.
In the same LTM period, DNO generated $1B in gross profit, $1B in EBITDA, and $80M in net income.
Revenue (LTM)
DNO P&L
In the most recent fiscal year, DNO reported revenue of $1B and EBITDA of $927M.
DNO expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $599M | XXX | XXX | XXX |
| Gross Margin | 70% | XXX | 41% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $927M | XXX | XXX | XXX |
| EBITDA Margin | 64% | XXX | 63% | XXX | XXX | XXX |
| EBIT Margin | 41% | XXX | 34% | XXX | XXX | XXX |
| Net Profit | $80M | XXX | ($25M) | XXX | XXX | XXX |
| Net Margin | 4% | XXX | (2%) | XXX | XXX | XXX |
| Net Debt | — | — | $892M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
DNO Stock Performance
DNO has current market cap of $2B, and enterprise value of $3B.
Market Cap Evolution
DNO's stock price is $2.01.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $2B | 3.1% | XXX | XXX | XXX | $-0.03 |
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Start Free TrialDNO Valuation Multiples
DNO trades at 1.6x EV/Revenue multiple, and 2.5x EV/EBITDA.
EV / Revenue (LTM)
DNO Financial Valuation Multiples
As of April 17, 2026, DNO has market cap of $2B and EV of $3B.
Equity research analysts estimate DNO's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
DNO has a P/E ratio of 24.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | 1.6x | XXX | 2.0x | XXX | XXX | XXX |
| EV/EBITDA | 2.5x | XXX | 3.1x | XXX | XXX | XXX |
| EV/EBIT | 3.9x | XXX | 5.8x | XXX | XXX | XXX |
| EV/Gross Profit | 2.3x | XXX | 4.8x | XXX | XXX | XXX |
| P/E | 24.6x | XXX | (78.1x) | XXX | XXX | XXX |
| EV/FCF | (54.6x) | XXX | (105.8x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified DNO Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
DNO Margins & Growth Rates
DNO's revenue in the last 12 month grew by 46%.
DNO's revenue per employee in the last FY averaged $1.4M, while opex per employee averaged $0.2M for the same period.
DNO's rule of 40 is 153% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
DNO's rule of X is 275% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
DNO Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 46% | XXX | 81% | XXX | XXX | XXX |
| EBITDA Margin | 64% | XXX | 63% | XXX | XXX | XXX |
| EBITDA Growth | 64% | XXX | 108% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 153% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 275% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
DNO Public Comps
See public comps and valuation multiples for other Energy Production and Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| DNO | XXX | XXX | XXX | XXX | XXX | XXX |
| Isramco Negev 2 | XXX | XXX | XXX | XXX | XXX | XXX |
| Brava Energia | XXX | XXX | XXX | XXX | XXX | XXX |
| LandBridge | XXX | XXX | XXX | XXX | XXX | XXX |
| ACEN | XXX | XXX | XXX | XXX | XXX | XXX |
| Beach Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
DNO M&A Activity
DNO acquired XXX companies to date.
Last acquisition by DNO was on XXXXXXXX, XXXXX. DNO acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by DNO
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialDNO Investment Activity
DNO invested in XXX companies to date.
DNO made its latest investment on XXXXXXXX, XXXXX. DNO invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by DNO
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout DNO
| When was DNO founded? | DNO was founded in 1971. |
| Where is DNO headquartered? | DNO is headquartered in Norway. |
| How many employees does DNO have? | As of today, DNO has over 1K employees. |
| Is DNO publicly listed? | Yes, DNO is a public company listed on Oslo Børs. |
| What is the stock symbol of DNO? | DNO trades under DNO ticker. |
| When did DNO go public? | DNO went public in 1981. |
| Who are competitors of DNO? | DNO main competitors are Isramco Negev 2, Brava Energia, LandBridge, ACEN. |
| What is the current market cap of DNO? | DNO's current market cap is $2B. |
| What is the current revenue of DNO? | DNO's last 12 months revenue is $2B. |
| What is the current revenue growth of DNO? | DNO revenue growth (NTM/LTM) is 46%. |
| What is the current EV/Revenue multiple of DNO? | Current revenue multiple of DNO is 1.6x. |
| Is DNO profitable? | Yes, DNO is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of DNO? | DNO's last 12 months EBITDA is $1B. |
| What is DNO's EBITDA margin? | DNO's last 12 months EBITDA margin is 64%. |
| What is the current EV/EBITDA multiple of DNO? | Current EBITDA multiple of DNO is 2.5x. |
| What is the current FCF of DNO? | DNO's last 12 months FCF is ($53M). |
| What is DNO's FCF margin? | DNO's last 12 months FCF margin is (3%). |
| What is the current EV/FCF multiple of DNO? | Current FCF multiple of DNO is (54.6x). |
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