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NorAm Drilling AS (FRA:TM9) EV-to-EBITDA : 4.20 (As of Jun. 17, 2024)


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What is NorAm Drilling AS EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, NorAm Drilling AS's enterprise value is €130.2 Mil. NorAm Drilling AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €31.0 Mil. Therefore, NorAm Drilling AS's EV-to-EBITDA for today is 4.20.

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

FRA:TM9' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.82   Med: 4.83   Max: 18.01
Current: 4.15

During the past 5 years, the highest EV-to-EBITDA of NorAm Drilling AS was 18.01. The lowest was 2.82. And the median was 4.83.

FRA:TM9's EV-to-EBITDA is ranked better than
68.67% of 798 companies
in the Oil & Gas industry
Industry Median: 6.1 vs FRA:TM9: 4.15

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 (2024-06-17), NorAm Drilling AS's stock price is €3.29. NorAm Drilling AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was €0.250. Therefore, NorAm Drilling AS's PE Ratio for today is 13.16.

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


NorAm Drilling AS EV-to-EBITDA Historical Data

The historical data trend for NorAm Drilling AS'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.

* Premium members only.

NorAm Drilling AS EV-to-EBITDA Chart

NorAm Drilling AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
- - - 8.36 3.74

NorAm Drilling AS Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.73 3.79 4.02 3.74 4.18

Competitive Comparison of NorAm Drilling AS's EV-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS'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.


NorAm Drilling AS's EV-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NorAm Drilling AS's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where NorAm Drilling AS's EV-to-EBITDA falls into.



NorAm Drilling AS EV-to-EBITDA Calculation

NorAm Drilling AS's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=130.249/31.03
=4.20

NorAm Drilling AS's current Enterprise Value is €130.2 Mil.
NorAm Drilling AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €31.0 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  (FRA:TM9) 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 to determine the fair market value of a company.

NorAm Drilling AS's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.29/0.250
=13.16

NorAm Drilling AS's share price for today is €3.29.
NorAm Drilling AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.250.

* 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.

Please read Which price ratio outperforms the enterprise multiple?


NorAm Drilling AS EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of NorAm Drilling AS's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


NorAm Drilling AS (FRA:TM9) Business Description

Traded in Other Exchanges
Address
Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112
NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm's length terms, from its parent.

NorAm Drilling AS (FRA:TM9) Headlines

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