Havila Shipping ASA (OSL:HAVI) EV-to-EBITDA: 7.27 (As of Aug. 14, 2026) — 28% Below Median

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OSL:HAVI Havila Shipping ASA OSL:HAVI
52 GF Score
Price kr1.11
GF Value kr2.63
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Havila Shipping ASA EV-to-EBITDA?

Havila Shipping ASA OSL:HAVI -7.88% 52 EV-to-EBITDA is 7.27 as of Aug. 14, 2026, which is 28% below its 10-year median of 10.09. GuruFocus rates OSL:HAVI with a GF Score™ of 52/100 and a GF Value™ of kr2.63 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 898 Transportation companies, Havila Shipping ASA ranks better than 57.35% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Havila Shipping ASA's enterprise value is kr1,148.4 Mil. Havila Shipping ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr157.9 Mil. Therefore, Havila Shipping ASA's EV-to-EBITDA for today is 7.27.

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

OSL:HAVI' s EV-to-EBITDA Range Over the Past 10 Years
Min: -168.01   Med: 10.09   Max: 176.02
Current: 7.26

During the past 13 years, the highest EV-to-EBITDA of Havila Shipping ASA was 176.02. The lowest was -168.01. And the median was 10.09.

OSL:HAVI's EV-to-EBITDA is ranked better than
57.35% of 898 companies
in the Transportation industry
Industry Median: 8.6 vs OSL:HAVI: 7.26

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 (2026-08-14), Havila Shipping ASA's stock price is kr1.11. Havila Shipping ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was kr-0.210. Therefore, Havila Shipping ASA's PE Ratio (TTM) for today is At Loss.

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


Havila Shipping ASA  (OSL:HAVI) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.11/-0.210
=At Loss

Havila Shipping ASA's share price for today is kr1.11.
Havila Shipping ASA's Earnings per Share (Diluted) 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 kr-0.210.

* 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?


Havila Shipping ASA EV-to-EBITDA Related Terms


Havila Shipping ASA EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Havila Shipping 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.

Havila Shipping ASA EV-to-EBITDA Chart

Havila Shipping 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 6.42 27.00 5.37 8.44 4.02

Havila Shipping ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.45 6.04 5.50 4.02 7.67

Havila Shipping ASA EV-to-EBITDA Competitor Comparison

For the Marine Shipping subindustry, Havila Shipping 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.


Havila Shipping ASA EV-to-EBITDA vs Transportation Industry

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

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


OSL:HAVI
52GF Score
Havila Shipping ASA OSL:HAVI
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Havila Shipping ASA EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1148.389/157.895
=7.27

Havila Shipping ASA's current Enterprise Value is kr1,148.4 Mil.
Havila Shipping ASA's EBITDA 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 kr157.9 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 7.27 mean?
Havila Shipping ASA (OSL:HAVI) has a EV-to-EBITDA of 7.27 as of Aug. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Havila Shipping ASA. This is 28% below median its historical median of 10.09. According to the industry distribution chart, Havila Shipping ASA ranks #383 out of 898 companies in the Transportation industry, placing it in the top 42.7%.
Is Havila Shipping ASA's EV-to-EBITDA too high?
Havila Shipping ASA's current EV-to-EBITDA of 7.27 is 28% below median its 10-year median of 10.09. The Transportation industry median EV-to-EBITDA is 8.60. Havila Shipping ASA's value of 7.27 is 15.5% below this industry median. Based on the distribution chart, Havila Shipping ASA ranks #383 out of 898 companies in the Transportation industry, which is above the industry midpoint. Overall, Havila Shipping ASA has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Havila Shipping ASA's EV-to-EBITDA compare to competitors?
According to the Transportation industry distribution chart, Havila Shipping ASA ranks #383 out of 898 companies for EV-to-EBITDA. This puts Havila Shipping ASA in the upper half of its industry. The industry median EV-to-EBITDA is 8.60. Havila Shipping ASA's value of 7.27 is 15.5% below this benchmark. While the company's 10-year median is 10.09 vs. the industry median of 8.60, Havila Shipping 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 Transportation company?
The median EV-to-EBITDA among Transportation companies is 8.60, based on 898 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. Havila Shipping ASA's current EV-to-EBITDA of 7.27 is 15.5% 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 Havila Shipping ASA. For the Transportation industry, the median EV-to-EBITDA is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havila Shipping ASA's current EV-to-EBITDA is 7.27, which is 28% below median its own 10-year median of 10.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Shipping ASA stock overvalued right now?
Based on GuruFocus' analysis, Havila Shipping ASA (OSL:HAVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.63, compared to a current price of kr1.11 — trading 57.8% below its estimated fair value. The current EV-to-EBITDA is 7.27, which is 28% below median its 10-year median of 10.09 and 15.5% below the Transportation industry median of 8.60. Havila Shipping ASA's overall GF Score™ is 52/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Havila Shipping ASA (OSL:HAVI), the current EV-to-EBITDA is 7.27 as of Aug. 14, 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 Havila Shipping ASA (OSL:HAVI) Overvalued in 2026?

Based on GuruFocus' analysis, Havila Shipping ASA stock appears to be undervalued. The current stock price of kr1.11 is trading 57.8% below its estimated GF Value™ of kr2.63. GuruFocus considers Havila Shipping ASA to be Possible Value Trap.

Key valuation signals for OSL:HAVI:

  • EV-to-EBITDA: 7.27 (28% below median its 10-year median of 10.09)
  • GF Value™: kr2.63 vs. price of kr1.11 (57.8% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 15.5% below the Transportation median (#383 of 898)

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


Havila Shipping ASA Business Description

Address Mjolstadnesvegen 24, Heroy, Fosnavag, NOR, 6092
Havila Shipping ASA is a supplier of quality assured supply services to the offshore industry, nationally as well as internationally. Its segment includes Platform Supply Vessel, Rescue recovery Vessel, Subsea operations vessels, and Non-allocated. The group generates revenue mainly from customers located in Norway, the UK, Denmark, Belgium, Iceland, and the Netherlands. The group generates the majority of its revenue from the Platform Supply Vessel segment.
52GF Score

Get the complete analysis for OSL:HAVI

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

kr1.11
Price
kr2.63
GF Value