Aker ASA (FRA:FKM) EV-to-EBITDA: 5.31 (As of Aug. 20, 2026) — 69% Below Median

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FRA:FKM Aker ASA FRA:FKM
66 GF Score
Price €131.00
GF Value €87.66
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Aker ASA EV-to-EBITDA?

Aker ASA FRA:FKM -2.53% 66 EV-to-EBITDA is 5.31 as of Aug. 20, 2026, which is 69% below its 10-year median of 17.17. GuruFocus rates FRA:FKM with a GF Score™ of 66/100 and a GF Value™ of €87.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 469 Conglomerates companies, Aker ASA ranks better than 76.12% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Aker ASA's enterprise value is €14,061 Mil. Aker ASA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €2,649 Mil. Therefore, Aker ASA's EV-to-EBITDA for today is 5.31.

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

FRA:FKM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -215.09   Med: 17.17   Max: 91.57
Current: 5.17

During the past 13 years, the highest EV-to-EBITDA of Aker ASA was 91.57. The lowest was -215.09. And the median was 17.17.

FRA:FKM's EV-to-EBITDA is ranked better than
76.12% of 469 companies
in the Conglomerates industry
Industry Median: 8.93 vs FRA:FKM: 5.17

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-20), Aker ASA's stock price is €131.00. Aker ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €33.689. Therefore, Aker ASA's PE Ratio (TTM) for today is 3.89.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Aker ASA  (FRA:FKM) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Aker ASA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=131.00/33.689
=3.89

Aker ASA's share price for today is €131.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aker ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €33.689.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Aker ASA EV-to-EBITDA Related Terms


Aker ASA EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Aker ASA's EV-to-EBITDA 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.

Aker ASA EV-to-EBITDA Chart

Aker ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.26 7.28 32.41 12.10 14.30

Aker ASA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-EBITDA 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 12.10 0.00 14.30 0.00

FRA:FKM vs MMM, HON: EV-to-EBITDA Comparison

For the Conglomerates subindustry, Aker ASA's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Aker ASA EV-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aker ASA's EV-to-EBITDA distribution charts can be found below:

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


FRA:FKM
66GF Score
Aker ASA FRA:FKM
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aker ASA EV-to-EBITDA Calculation

Aker ASA's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=14060.534/2648.502
=5.31

Aker ASA's current Enterprise Value is €14,061 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aker ASA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €2,649 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-EBITDA →
What does a EV-to-EBITDA of 5.31 mean?
Aker ASA (FRA:FKM) has a EV-to-EBITDA of 5.31 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Aker ASA. This is 69% below median its historical median of 17.17. According to the industry distribution chart, Aker ASA ranks #112 out of 469 companies in the Conglomerates industry, placing it in the top 23.9%.
Is Aker ASA's EV-to-EBITDA too high?
Aker ASA's current EV-to-EBITDA of 5.31 is 69% below median its 10-year median of 17.17. The Conglomerates industry median EV-to-EBITDA is 8.93. Aker ASA's value of 5.31 is 40.5% below this industry median. Based on the distribution chart, Aker ASA ranks #112 out of 469 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Aker ASA has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aker ASA's EV-to-EBITDA compare to MMM and HON?
According to the Conglomerates industry distribution chart, Aker ASA ranks #112 out of 469 companies for EV-to-EBITDA. This places Aker ASA in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.93. Aker ASA's value of 5.31 is 40.5% below this benchmark. While the company's 10-year median is 17.17 vs. the industry median of 8.93, Aker 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-EBITDA for a Conglomerates company?
The median EV-to-EBITDA among Conglomerates companies is 8.93, based on 469 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aker ASA's current EV-to-EBITDA of 5.31 is 40.5% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Aker ASA. For the Conglomerates industry, the median EV-to-EBITDA is 8.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker ASA's current EV-to-EBITDA is 5.31, which is 69% below median its own 10-year median of 17.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker ASA stock overvalued right now?
Based on GuruFocus' analysis, Aker ASA (FRA:FKM) is currently considered Significantly Overvalued. The stock's GF Value™ is €87.66, compared to a current price of €131.00 — trading 49.4% above its estimated fair value. The current EV-to-EBITDA is 5.31, which is 69% below median its 10-year median of 17.17 and 40.5% below the Conglomerates industry median of 8.93. Aker 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Aker ASA (FRA:FKM), the current EV-to-EBITDA is 5.31 as of Aug. 20, 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 Aker ASA (FRA:FKM) Overvalued in 2026?

Based on GuruFocus' analysis, Aker ASA stock appears to be overvalued. The current stock price of €131.00 is trading 49.4% above its estimated GF Value™ of €87.66. GuruFocus considers Aker ASA to be Significantly Overvalued.

Key valuation signals for FRA:FKM:

  • EV-to-EBITDA: 5.31 (69% below median its 10-year median of 17.17)
  • GF Value™: €87.66 vs. price of €131.00 (49.4% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 40.5% below the Conglomerates median (#112 of 469)

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


Aker ASA Business Description

Address Oksenoyveien 10, Lysaker, Oslo, NOR, 1326
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. The company's investment portfolio comprises two segments: Industrial holdings and Financial investments. The primary focus for businesses within Industrial holdings is long-term value creation. Businesses within Financial investments are managed as a portfolio with a focus on financial and strategic opportunities. The company generates the majority of its revenue from Industrial holdings. Geographically, the company generates the majority of its revenue from Norway.
66GF Score

Get the complete analysis for FRA:FKM

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

€131.00
Price
€87.66
GF Value