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Var Energi ASAVARRY -0.52%66 EV-to-EBIT is 2.62 as of Aug. 05, 2026, which is 17% below its 10-year median of 3.14. GuruFocus rates VARRY with a GF Score™ of 66/100 and a GF Value™ of $9.46 (Fairly Valued). The stock has 6 warning signs investors should review. Among 694 Oil & Gas companies, Var Energi ASA ranks better than 92.07% on this metric.
Var Energi ASA (OTCPK:VARRY) 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.
Var Energi ASA's Enterprise Value for the quarter that ended in Jun. 2026 was $13,774 Mil.
Var Energi 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 $5,902 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.
Var Energi ASA EV-to-EBIT Related Terms
Var Energi ASA EV-to-EBIT Historical Data
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The historical data trend for Var Energi 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.
For the Oil & Gas E&P subindustry, Var Energi 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.
Var Energi ASA EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Var Energi ASA's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Var Energi ASA's EV-to-EBIT falls into.
Var Energi ASA's current Enterprise Value is $15,441 Mil.
Var Energi 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 $5,902 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.
Var Energi ASA (VARRY) has a EV-to-EBIT of 2.62 as of Aug. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Var Energi ASA and its competitors. This is 17% below median its historical median of 3.14. Over the past decade, Var Energi ASA's EV-to-EBIT has ranged from 1.57 to 5.58. According to the industry distribution chart, Var Energi ASA ranks #55 out of 694 companies in the Oil & Gas industry, placing it in the top 7.9%.
Is Var Energi ASA's EV-to-EBIT too high?
Var Energi ASA's current EV-to-EBIT of 2.62 is 17% below median its 10-year median of 3.14. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 5.58. The Oil & Gas industry median EV-to-EBIT is 11.82. Var Energi ASA's value of 2.62 is 77.8% below this industry median. Based on the distribution chart, Var Energi ASA ranks #55 out of 694 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Var Energi ASA has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Var Energi ASA's EV-to-EBIT compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Var Energi ASA ranks #55 out of 694 companies for EV-to-EBIT. This places Var Energi ASA in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 11.82. Var Energi ASA's value of 2.62 is 77.8% below this benchmark. Historically, Var Energi ASA's own EV-to-EBIT has ranged from 1.57 to 5.58 over the past decade. While the company's 10-year median is 3.14 vs. the industry median of 11.82, Var Energi 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 11.82, based on 694 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. Var Energi ASA's current EV-to-EBIT of 2.62 is 77.8% 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 Var Energi ASA and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Var Energi ASA's current EV-to-EBIT is 2.62, which is 17% below median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Var Energi ASA stock overvalued right now?
Based on GuruFocus' analysis, Var Energi ASA (VARRY) is currently considered Fairly Valued. The stock's GF Value™ is $9.46, compared to a current price of $9.60 — trading 1.5% above its estimated fair value. The current EV-to-EBIT is 2.62, which is 17% below median its 10-year median of 3.14 and 77.8% below the Oil & Gas industry median of 11.82. Var Energi ASA's overall GF Score™ is 66/100 with 6 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 Var Energi ASA (VARRY), the current EV-to-EBIT is 2.62 as of Aug. 05, 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 Var Energi ASA (VARRY) Overvalued in 2026?
Based on GuruFocus' analysis, Var Energi ASA stock appears to be overvalued.
The current stock price of $9.60 is trading 1.5% above its estimated GF Value™ of $9.46.
GuruFocus considers Var Energi ASA to be Fairly Valued.
Key valuation signals for VARRY:
EV-to-EBIT: 2.62 (17% below median its 10-year median of 3.14)
GF Value™: $9.46 vs. price of $9.60 (1.5% above fair value)
Industry Position: 77.8% below the Oil & Gas median (#55 of 694)
No single metric tells the full story. See the VARRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Var Energi ASA is an independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL. Var Energi is the operator of the following producing fields: Goliat (Barents Sea), Fenja (Norwegian Sea), Gjoa, Duva, Balder, and Ringhorne (North Sea).
66GF Score
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