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Voim ASAFRA:E2M 34 Debt-to-EBITDA is -1.14 as of Dec. 2025. GuruFocus rates FRA:E2M with a GF Score™ of 34/100 and a GF Value™ of €0.12 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 709 Oil & Gas companies, Voim ASA ranks worse than 141043.58% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Voim ASA's Debt-to-EBITDA or its related term are showing as below:
FRA:E2M'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -40.55 Med: -0.57 Max: 11.64
Current: -7.28
During the past 13 years, the highest Debt-to-EBITDA Ratio of Voim ASA was 11.64. The lowest was -40.55. And the median was -0.57.
FRA:E2M's Debt-to-EBITDA is ranked worse than 100% of 709
companies
in the Oil & Gas industry
Industry Median: 2.01
vs FRA:E2M: -7.28
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Voim ASA Debt-to-EBITDA Related Terms
Voim ASA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Voim ASA's Debt-to-EBITDA 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.
FRA:E2M vs SLB, BKR, FTI: Debt-to-EBITDA Comparison
For the Oil & Gas Equipment & Services subindustry, Voim ASA's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Voim ASA Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Voim ASA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Voim ASA's Debt-to-EBITDA 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Dec. 2025) EBITDA data.
Voim ASA (FRA:E2M) has a Debt-to-EBITDA of -1.14 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Voim ASA. According to the industry distribution chart, Voim ASA ranks #999999 out of 709 companies in the Oil & Gas industry.
Is Voim ASA's Debt-to-EBITDA too high?
Voim ASA's current Debt-to-EBITDA is -1.14. Based on the distribution chart, Voim ASA ranks #999999 out of 709 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Voim ASA has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Voim ASA's Debt-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Voim ASA ranks #999999 out of 709 companies for Debt-to-EBITDA. This places Voim ASA in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 709 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Voim ASA. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voim ASA's current Debt-to-EBITDA is -1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voim ASA stock overvalued right now?
Based on GuruFocus' analysis, Voim ASA (FRA:E2M) is currently considered Possible Value Trap. The stock's GF Value™ is €0.12, compared to a current price of €0.03 — trading 73.8% below its estimated fair value. The current Debt-to-EBITDA is -1.14. Voim ASA's overall GF Score™ is 34/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Voim ASA (FRA:E2M), the current Debt-to-EBITDA is -1.14 as of Dec. 2025. 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 Voim ASA (FRA:E2M) Overvalued in 2026?
Based on GuruFocus' analysis, Voim ASA stock appears to be undervalued.
The current stock price of €0.03 is trading 73.8% below its estimated GF Value™ of €0.12.
GuruFocus considers Voim ASA to be Possible Value Trap.
Key valuation signals for FRA:E2M:
Debt-to-EBITDA: -1.14
GF Value™: €0.12 vs. price of €0.03 (73.8% below fair value)
No single metric tells the full story. See the FRA:E2M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ElectroMagnetic GeoServices ASA is a company engaged in offering electromagnetic services. The company uses the electromagnetic survey method to locate hydrocarbons in offshore reservoirs. The company's focus is on planning, acquisition, processing, modeling, interpretation, and integration of electromagnetic data. Oil and gas companies, as well as other customers, utilize its services to determine whether an offshore area is suitable for the commercial production of hydrocarbons. The company operates in Europe, the Middle East, and Africa, Norway, North and South America, Asia, and the Pacific Ocean. The majority of their revenue is generated from Asia and the Pacific Ocean. It makes money through proprietary contract sales and multi-client sales.
34GF Score
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