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Voim ASAFRA:E2M -10.18%34 Debt-to-Equity is -1.85 as of Dec. 2025. GuruFocus rates FRA:E2M with a GF Score™ of 34/100 and a GF Value™ of €0.01 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 809 Oil & Gas companies, Voim ASA ranks worse than 123609.27% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Voim ASA's Debt-to-Equity or its related term are showing as below:
FRA:E2M'
s Debt-to-Equity Range Over the Past 10 Years
Min: -12.36 Med: 2.02 Max: 36.35
Current: -1.85
During the past 13 years, the highest Debt-to-Equity Ratio of Voim ASA was 36.35. The lowest was -12.36. And the median was 2.02.
FRA:E2M's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45
vs FRA:E2M: -1.85
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Voim ASA Debt-to-Equity Related Terms
Voim ASA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Voim ASA's Debt-to-Equity 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-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Voim ASA's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Voim ASA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Voim ASA's Debt-to-Equity 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.
Voim ASA (FRA:E2M) has a Debt-to-Equity of -1.85 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Voim ASA and its competitors. According to the industry distribution chart, Voim ASA ranks #999999 out of 809 companies in the Oil & Gas industry.
Is Voim ASA's Debt-to-Equity too high?
Voim ASA's current Debt-to-Equity is -1.85. Based on the distribution chart, Voim ASA ranks #999999 out of 809 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 Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Voim ASA's Debt-to-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Voim ASA ranks #999999 out of 809 companies for Debt-to-Equity. This places Voim ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 809 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Voim ASA and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voim ASA's current Debt-to-Equity is -1.85. 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 Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.05 — trading 394% above its estimated fair value. The current Debt-to-Equity is -1.85. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Voim ASA (FRA:E2M), the current Debt-to-Equity is -1.85 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 overvalued.
The current stock price of €0.05 is trading 394% above its estimated GF Value™ of €0.01.
GuruFocus considers Voim ASA to be Significantly Overvalued.
Key valuation signals for FRA:E2M:
Debt-to-Equity: -1.85
GF Value™: €0.01 vs. price of €0.05 (394% above 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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