Okea ASA (STU:3SX) EV-to-EBIT: 2.34 (As of Sep. 17, 2026) — 100% Above Median

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STU:3SX Okea ASA STU:3SX
54 GF Score
Price €3.76
GF Value €2.04
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Okea ASA EV-to-EBIT?

Okea ASA STU:3SX +1.21% 54 EV-to-EBIT is 2.34 as of Sep. 17, 2026, which is 100% above its 10-year median of 1.17. GuruFocus rates STU:3SX with a GF Score™ of 54/100 and a GF Value™ of €2.04 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 718 Oil & Gas companies, Okea ASA ranks better than 93.18% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Okea ASA's Enterprise Value is €366.4 Mil. Okea ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €156.7 Mil. Therefore, Okea ASA's EV-to-EBIT for today is 2.34.

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

STU:3SX' s EV-to-EBIT Range Over the Past 10 Years
Min: -30.03   Med: 1.17   Max: 42.38
Current: 2.37

During the past 8 years, the highest EV-to-EBIT of Okea ASA was 42.38. The lowest was -30.03. And the median was 1.17.

STU:3SX's EV-to-EBIT is ranked better than
93.18% of 718 companies
in the Oil & Gas industry
Industry Median: 11.615 vs STU:3SX: 2.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Okea ASA's Enterprise Value for the quarter that ended in Jun. 2026 was €240.9 Mil. Okea ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €156.7 Mil. Okea ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 65.03%.


Okea ASA  (STU:3SX) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=156.662/240.9177902433
=65.03 %

Okea ASA's Enterprise Value for the quarter that ended in Jun. 2026 was €240.9 Mil.
Okea ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €156.7 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.


Okea ASA EV-to-EBIT Related Terms


Okea ASA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Okea 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.

Okea ASA EV-to-EBIT Chart

Okea ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 1.35 1.24 2.04 0.33 -9.79

Okea ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.73 -25.75 5.96 2.03

STU:3SX vs COP, EOG, OXY: EV-to-EBIT Comparison

For the Oil & Gas E&P subindustry, Okea 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.


Okea ASA EV-to-EBIT vs Oil & Gas Industry

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

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


STU:3SX
54GF Score
Okea ASA STU:3SX
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okea ASA EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=366.403/156.662
=2.34

Okea ASA's current Enterprise Value is €366.4 Mil.
Okea ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €156.7 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 2.34 mean?
Okea ASA (STU:3SX) has a EV-to-EBIT of 2.34 as of Sep. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Okea ASA and its competitors. This is 100% above median its historical median of 1.17. According to the industry distribution chart, Okea ASA ranks #49 out of 718 companies in the Oil & Gas industry, placing it in the top 6.8%.
Is Okea ASA's EV-to-EBIT too high?
Okea ASA's current EV-to-EBIT of 2.34 is 100% above median its 10-year median of 1.17. The Oil & Gas industry median EV-to-EBIT is 11.62. Okea ASA's value of 2.34 is 79.9% below this industry median. Based on the distribution chart, Okea ASA ranks #49 out of 718 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Okea ASA has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okea ASA's EV-to-EBIT compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Okea ASA ranks #49 out of 718 companies for EV-to-EBIT. This places Okea ASA in the top 7% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 11.62. Okea ASA's value of 2.34 is 79.9% below this benchmark. While the company's 10-year median is 1.17 vs. the industry median of 11.62, Okea 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 an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.62, based on 718 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. Okea ASA's current EV-to-EBIT of 2.34 is 79.9% 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 Okea ASA and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okea ASA's current EV-to-EBIT is 2.34, which is 100% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okea ASA stock overvalued right now?
Based on GuruFocus' analysis, Okea ASA (STU:3SX) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.04, compared to a current price of €3.76 — trading 84.1% above its estimated fair value. The current EV-to-EBIT is 2.34, which is 100% above median its 10-year median of 1.17 and 79.9% below the Oil & Gas industry median of 11.62. Okea ASA's overall GF Score™ is 54/100 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 Okea ASA (STU:3SX), the current EV-to-EBIT is 2.34 as of Sep. 17, 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 Okea ASA (STU:3SX) Overvalued in 2026?

Based on GuruFocus' analysis, Okea ASA stock appears to be overvalued. The current stock price of €3.76 is trading 84.1% above its estimated GF Value™ of €2.04. GuruFocus considers Okea ASA to be Significantly Overvalued.

Key valuation signals for STU:3SX:

  • EV-to-EBIT: 2.34 (100% above median its 10-year median of 1.17)
  • GF Value™: €2.04 vs. price of €3.76 (84.1% above fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 79.9% below the Oil & Gas median (#49 of 718)

No single metric tells the full story. See the STU:3SX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okea ASA Business Description

Industry EnergyOil & Gas
Address Kongens Gate 8, Trondheim, NOR, 7011
Okea ASA is an oil and gas company operating on the Norwegian continental shelf. The company's asset portfolio includes fields it operates as well as interests in other producing fields and exploration licences. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. The operations of the company include Draugen Field, Gjoa Field, Ivar Aasen, and others. The company generates the majority of its revenue from the sale of crude.
54GF Score

Get the complete analysis for STU:3SX

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

€3.76
Price
€2.04
GF Value