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Norse Energy ASA (OSL:NEC) EV-to-EBIT : -0.58 (As of May. 20, 2024)


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What is Norse Energy ASA EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Norse Energy ASA's Enterprise Value is kr99.34 Mil. Norse Energy ASA's EBIT for the trailing twelve months (TTM) ended in Sep. 2013 was kr-171.49 Mil. Therefore, Norse Energy ASA's EV-to-EBIT for today is -0.58.

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

OSL:NEC's EV-to-EBIT is not ranked *
in the Oil & Gas industry.
Industry Median: 9.18
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Norse Energy ASA's Enterprise Value for the quarter that ended in Sep. 2013 was kr153.34 Mil. Norse Energy ASA's EBIT for the trailing twelve months (TTM) ended in Sep. 2013 was kr-171.49 Mil. Norse Energy ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2013 was -111.84%.


Norse Energy ASA EV-to-EBIT Historical Data

The historical data trend for Norse Energy 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.

* Premium members only.

Norse Energy ASA EV-to-EBIT Chart

Norse Energy ASA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 100.96 -214.02 -39.19 -18.25 -2.16

Norse Energy ASA Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 - -2.16 - - -

Competitive Comparison of Norse Energy ASA's EV-to-EBIT

For the Oil & Gas E&P subindustry, Norse Energy 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.


Norse Energy ASA's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Norse Energy ASA's EV-to-EBIT distribution charts can be found below:

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



Norse Energy ASA EV-to-EBIT Calculation

Norse Energy ASA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=99.343/-171.494
=-0.58

Norse Energy ASA's current Enterprise Value is kr99.34 Mil.
Norse Energy ASA's EBIT for the trailing twelve months (TTM) ended in Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-171.49 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.


Norse Energy ASA  (OSL:NEC) 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) %.

Norse Energy ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2013 ) =EBIT / Enterprise Value (Q: Sep. 2013 )
=-171.494/153.33688
=-111.84 %

Norse Energy ASA's Enterprise Value for the quarter that ended in Sep. 2013 was kr153.34 Mil.
Norse Energy ASA's EBIT for the trailing twelve months (TTM) ended in Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-171.49 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.


Norse Energy ASA EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Norse Energy ASA's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Norse Energy ASA (OSL:NEC) Business Description

Traded in Other Exchanges
N/A
Address
Munkedamsveien 35, 3rd floor, P.O. Box 1903, Oslo, NOR, 0250
Norse Energy Corp ASA and its subsidiaries are engaged in the acquisition, exploration and development of oil and natural gas properties in the US.

Norse Energy ASA (OSL:NEC) Headlines

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