` Comparison: PEN, 600938 - Alpha Spread

P
PEN
vs
C
600938

Over the past 12 months, PEN has underperformed CNOOC Ltd, delivering a return of -24% compared to the CNOOC Ltd's +3% growth.

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PEN
600938
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Valuation Comparison

PEN Intrinsic Value
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CNOOC Ltd Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
P
Panoro Energy ASA
OSE:PEN
20.1 NOK
C
CNOOC Ltd
SSE:600938
28.4 CNY
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Valuation Scenario:
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Growth Comparison

Growth Over Time
PEN, 600938

PEN
600938
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
P
Panoro Energy ASA
Revenue
C
CNOOC Ltd
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
PEN, 600938

PEN
600938
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
P
Panoro Energy ASA
OSE:PEN
C
CNOOC Ltd
SSE:600938
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What is Free Cash Flow?

Gross Margin

PEN
121.4%
CNOOC Ltd
47.4%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Panoro Energy ASA
C
CNOOC Ltd

Operating Margin

PEN
31.7%
CNOOC Ltd
42.4%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Panoro Energy ASA
C
CNOOC Ltd

Net Margin

PEN
16.4%
CNOOC Ltd
30.3%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Panoro Energy ASA
C
CNOOC Ltd

FCF Margin

PEN
-14.5%
CNOOC Ltd
23.1%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Panoro Energy ASA
C
CNOOC Ltd

ROE

PEN
13.8%
CNOOC Ltd
16.4%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Panoro Energy ASA
C
CNOOC Ltd

ROA

PEN
5.1%
CNOOC Ltd
11.2%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Panoro Energy ASA
C
CNOOC Ltd

ROIC

PEN
7.9%
CNOOC Ltd
13.3%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Panoro Energy ASA
C
CNOOC Ltd

ROCE

PEN
11.4%
CNOOC Ltd
18.2%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Panoro Energy ASA
C
CNOOC Ltd

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
PEN, 600938

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Performance Gap
PEN, 600938

Performance Gap Between PEN and 600938
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Performance By Year
PEN, 600938

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PEN
600938
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