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NorAm Drilling ASOSL:NORAM -0.36%89 EV-to-EBIT is 14.60 as of Jul. 18, 2026, which is 36% above its 10-year median of 10.72. GuruFocus rates OSL:NORAM with a GF Score™ of 89/100 and a GF Value™ of kr33.66 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 692 Oil & Gas companies, NorAm Drilling AS ranks worse than 61.13% on this metric.
NorAm Drilling AS (OSL:NORAM) 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.
NorAm Drilling AS's Enterprise Value for the quarter that ended in Mar. 2026 was kr2,004 Mil.
NorAm Drilling AS'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 kr117 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.
NorAm Drilling AS EV-to-EBIT Related Terms
NorAm Drilling AS EV-to-EBIT Historical Data
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The historical data trend for NorAm Drilling AS'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.
For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS'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.
NorAm Drilling AS EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NorAm Drilling AS's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where NorAm Drilling AS's EV-to-EBIT falls into.
NorAm Drilling AS's current Enterprise Value is kr1,710 Mil.
NorAm Drilling AS'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 kr117 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.
NorAm Drilling AS (OSL:NORAM) has a EV-to-EBIT of 14.60 as of Jul. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on NorAm Drilling AS and its competitors. This is 36% above median its historical median of 10.72. Over the past decade, NorAm Drilling AS's EV-to-EBIT has ranged from 4.57 to 380.22. According to the industry distribution chart, NorAm Drilling AS ranks #423 out of 692 companies in the Oil & Gas industry, placing it in the top 61.1%.
Is NorAm Drilling AS's EV-to-EBIT too high?
NorAm Drilling AS's current EV-to-EBIT of 14.60 is 36% above median its 10-year median of 10.72. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 380.22. The Oil & Gas industry median EV-to-EBIT is 11.75. NorAm Drilling AS's value of 14.60 is 24.3% above this industry median. Based on the distribution chart, NorAm Drilling AS ranks #423 out of 692 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, NorAm Drilling AS has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's EV-to-EBIT compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NorAm Drilling AS ranks #423 out of 692 companies for EV-to-EBIT. This places NorAm Drilling AS in the lower half of its industry. The industry median EV-to-EBIT is 11.75. NorAm Drilling AS's value of 14.60 is 24.3% above this benchmark. Historically, NorAm Drilling AS's own EV-to-EBIT has ranged from 4.57 to 380.22 over the past decade. While the company's 10-year median is 10.72 vs. the industry median of 11.75, NorAm Drilling AS has consistently been above 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 an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.75, based on 692 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. NorAm Drilling AS's current EV-to-EBIT of 14.60 is 24.3% above 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 NorAm Drilling AS and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorAm Drilling AS's current EV-to-EBIT is 14.60, which is 36% above median its own 10-year median of 10.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorAm Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, NorAm Drilling AS (OSL:NORAM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr33.66, compared to a current price of kr41.85 — trading 24.3% above its estimated fair value. The current EV-to-EBIT is 14.60, which is 36% above median its 10-year median of 10.72 and 24.3% above the Oil & Gas industry median of 11.75. NorAm Drilling AS's overall GF Score™ is 89/100 with 3 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 NorAm Drilling AS (OSL:NORAM), the current EV-to-EBIT is 14.60 as of Jul. 18, 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 NorAm Drilling AS (OSL:NORAM) Overvalued in 2026?
Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued.
The current stock price of kr41.85 is trading 24.3% above its estimated GF Value™ of kr33.66.
GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.
Key valuation signals for OSL:NORAM:
EV-to-EBIT: 14.60 (36% above median its 10-year median of 10.72)
GF Value™: kr33.66 vs. price of kr41.85 (24.3% above fair value)
Industry Position: 24.3% above the Oil & Gas median (#423 of 692)
No single metric tells the full story. See the OSL:NORAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NorAm Drilling AS owns and operates a quality rig portfolio of super spec developed high-end AC driven rigs tailored for the drilling of horizontal wells in the USA land drilling market. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. The group's operating segments are NorAm Drilling Company, which derives maximum revenue, and NorAm Drilling AS.
89GF Score
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