HAV Group ASA (OSL:HAV) EV-to-EBIT: 8.50 (As of Aug. 10, 2026) — 406% Above Median

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OSL:HAV HAV Group ASA OSL:HAV
67 GF Score
Price kr14.40
GF Value kr12.56
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is HAV Group ASA EV-to-EBIT?

HAV Group ASA OSL:HAV -1.71% 67 EV-to-EBIT is 8.50 as of Aug. 10, 2026, which is 406% above its 10-year median of 1.68. GuruFocus rates OSL:HAV with a GF Score™ of 67/100 and a GF Value™ of kr12.56 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 863 Transportation companies, HAV Group ASA ranks better than 69.76% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HAV Group ASA's Enterprise Value is kr369.4 Mil. HAV Group ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr43.5 Mil. Therefore, HAV Group ASA's EV-to-EBIT for today is 8.50.

The historical rank and industry rank for HAV Group ASA's EV-to-EBIT or its related term are showing as below:

OSL:HAV' s EV-to-EBIT Range Over the Past 10 Years
Min: -51.41   Med: 1.68   Max: 31.85
Current: 8.5

During the past 9 years, the highest EV-to-EBIT of HAV Group ASA was 31.85. The lowest was -51.41. And the median was 1.68.

OSL:HAV's EV-to-EBIT is ranked better than
69.76% of 863 companies
in the Transportation industry
Industry Median: 12.24 vs OSL:HAV: 8.50

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. HAV Group ASA's Enterprise Value for the quarter that ended in Mar. 2026 was kr190.2 Mil. HAV Group ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr43.5 Mil. HAV Group ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.86%.


HAV Group ASA  (OSL:HAV) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

HAV Group ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=43.481/190.197
=22.86 %

HAV Group ASA's Enterprise Value for the quarter that ended in Mar. 2026 was kr190.2 Mil.
HAV Group ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr43.5 Mil.

* 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.


HAV Group ASA EV-to-EBIT Related Terms


HAV Group ASA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for HAV Group ASA's EV-to-EBIT 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.

HAV Group ASA EV-to-EBIT Chart

HAV Group ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 2.18 14.95 -60.96 0.02 0.94

HAV Group ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.05 -26.79 -2.19 0.94 4.37

HAV Group ASA EV-to-EBIT Competitor Comparison

For the Marine Shipping subindustry, HAV Group ASA's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


HAV Group ASA EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, HAV Group ASA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where HAV Group ASA's EV-to-EBIT falls into.


OSL:HAV
67GF Score
HAV Group ASA OSL:HAV
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HAV Group ASA EV-to-EBIT Calculation

HAV Group ASA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=369.397/43.481
=8.50

HAV Group ASA's current Enterprise Value is kr369.4 Mil.
HAV Group ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr43.5 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 8.50 mean?
HAV Group ASA (OSL:HAV) has a EV-to-EBIT of 8.50 as of Aug. 10, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on HAV Group ASA and its competitors. This is 406% above median its historical median of 1.68. According to the industry distribution chart, HAV Group ASA ranks #261 out of 863 companies in the Transportation industry, placing it in the top 30.2%.
Is HAV Group ASA's EV-to-EBIT too high?
HAV Group ASA's current EV-to-EBIT of 8.50 is 406% above median its 10-year median of 1.68. The Transportation industry median EV-to-EBIT is 12.24. HAV Group ASA's value of 8.50 is 30.6% below this industry median. Based on the distribution chart, HAV Group ASA ranks #261 out of 863 companies in the Transportation industry, which is above the industry midpoint. Overall, HAV Group ASA has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HAV Group ASA's EV-to-EBIT compare to competitors?
According to the Transportation industry distribution chart, HAV Group ASA ranks #261 out of 863 companies for EV-to-EBIT. This puts HAV Group ASA in the upper half of its industry. The industry median EV-to-EBIT is 12.24. HAV Group ASA's value of 8.50 is 30.6% below this benchmark. While the company's 10-year median is 1.68 vs. the industry median of 12.24, HAV Group ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Transportation company?
The median EV-to-EBIT among Transportation companies is 12.24, based on 863 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HAV Group ASA's current EV-to-EBIT of 8.50 is 30.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on HAV Group ASA and its competitors. For the Transportation industry, the median EV-to-EBIT is 12.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HAV Group ASA's current EV-to-EBIT is 8.50, which is 406% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAV Group ASA stock overvalued right now?
Based on GuruFocus' analysis, HAV Group ASA (OSL:HAV) is currently considered Modestly Overvalued. The stock's GF Value™ is kr12.56, compared to a current price of kr14.40 — trading 14.6% above its estimated fair value. The current EV-to-EBIT is 8.50, which is 406% above median its 10-year median of 1.68 and 30.6% below the Transportation industry median of 12.24. HAV Group ASA's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For HAV Group ASA (OSL:HAV), the current EV-to-EBIT is 8.50 as of Aug. 10, 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 HAV Group ASA (OSL:HAV) Overvalued in 2026?

Based on GuruFocus' analysis, HAV Group ASA stock appears to be overvalued. The current stock price of kr14.40 is trading 14.6% above its estimated GF Value™ of kr12.56. GuruFocus considers HAV Group ASA to be Modestly Overvalued.

Key valuation signals for OSL:HAV:

  • EV-to-EBIT: 8.50 (406% above median its 10-year median of 1.68)
  • GF Value™: kr12.56 vs. price of kr14.40 (14.6% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 30.6% below the Transportation median (#261 of 863)

No single metric tells the full story. See the OSL:HAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HAV Group ASA Business Description

Other Exchanges 6HH:Germany
Address Holmefjordvegen 1, Fosnavag, NOR, 6090
HAV Group ASA is a provider of solutions and technology to the marine and maritime industries. The group's vision is to contribute to the green shift through solutions and high-end products for the ocean industries. The Group's main activities are: HAV Design, i.e., providing ship design and system packages for offshore, transport, and fishing vessels; Norwegian Electric Systems, i.e., specializing in design, engineering, and installation of electric systems and delivery of control and automation systems for ships; Norwegian Greentech, i.e., specializing in the delivery of ballast water treatment systems. HAV Hydrogen, i.e., delivers complete and scalable hydrogen systems that are designed for operation in heavy seas. Other/Elimination includes intercompany and the mother company.
67GF Score

Get the complete analysis for OSL:HAV

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr14.40
Price
kr12.56
GF Value