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NorAm Drilling ASOSL:NORAM -0.36%89 EV-to-EBITDA is 9.72 as of Jul. 19, 2026, which is 87% above its 10-year median of 5.20. GuruFocus rates OSL:NORAM with a GF Score™ of 89/100 and a GF Value™ of kr33.66 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 761 Oil & Gas companies, NorAm Drilling AS ranks worse than 62.16% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, NorAm Drilling AS's enterprise value is kr1,710 Mil.
NorAm Drilling AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr176 Mil. Therefore, NorAm Drilling AS's EV-to-EBITDA for today is 9.72.
The historical rank and industry rank for NorAm Drilling AS's EV-to-EBITDA or its related term are showing as below:
OSL:NORAM'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.82 Med: 5.2 Max: 18.01
Current: 9.72
During the past 7 years, the highest EV-to-EBITDA of NorAm Drilling AS was 18.01. The lowest was 2.82. And the median was 5.20.
OSL:NORAM's EV-to-EBITDA is ranked worse than 62.16% of 761
companies
in the Oil & Gas industry
Industry Median: 7.53
vs OSL:NORAM: 9.72
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
NorAm Drilling AS (OSL:NORAM) 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.
NorAm Drilling AS's PE Ratio (TTM) for today is calculated as:
NorAm Drilling AS's share price for today is kr41.85.
NorAm Drilling AS'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 kr2.784.
* 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).
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.
OSL:NORAM vs SLB, BKR, HAL: EV-to-EBITDA Comparison
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 EV-to-EBITDA vs 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's current Enterprise Value is kr1,710 Mil.
NorAm Drilling AS'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 kr176 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 (OSL:NORAM) has a EV-to-EBITDA of 9.72 as of Jul. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NorAm Drilling AS. This is 87% above median its historical median of 5.20. Over the past decade, NorAm Drilling AS's EV-to-EBITDA has ranged from 2.82 to 18.01. According to the industry distribution chart, NorAm Drilling AS ranks #473 out of 761 companies in the Oil & Gas industry, placing it in the top 62.2%.
Is NorAm Drilling AS's EV-to-EBITDA too high?
NorAm Drilling AS's current EV-to-EBITDA of 9.72 is 87% above median its 10-year median of 5.20. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 18.01. The Oil & Gas industry median EV-to-EBITDA is 7.53. NorAm Drilling AS's value of 9.72 is 29.1% above this industry median. Based on the distribution chart, NorAm Drilling AS ranks #473 out of 761 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, NorAm Drilling AS has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's EV-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NorAm Drilling AS ranks #473 out of 761 companies for EV-to-EBITDA. This places NorAm Drilling AS in the lower half of its industry. The industry median EV-to-EBITDA is 7.53. NorAm Drilling AS's value of 9.72 is 29.1% above this benchmark. Historically, NorAm Drilling AS's own EV-to-EBITDA has ranged from 2.82 to 18.01 over the past decade. While the company's 10-year median is 5.20 vs. the industry median of 7.53, NorAm Drilling AS has consistently been above 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 an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.53, based on 761 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. NorAm Drilling AS's current EV-to-EBITDA of 9.72 is 29.1% above 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 NorAm Drilling AS. For the Oil & Gas industry, the median EV-to-EBITDA is 7.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorAm Drilling AS's current EV-to-EBITDA is 9.72, which is 87% above median its own 10-year median of 5.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorAm Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, NorAm Drilling AS (OSL:NORAM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr33.66, compared to a current price of kr41.85 — trading 24.3% above its estimated fair value. The current EV-to-EBITDA is 9.72, which is 87% above median its 10-year median of 5.20 and 29.1% above the Oil & Gas industry median of 7.53. NorAm Drilling AS's overall GF Score™ is 89/100 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 NorAm Drilling AS (OSL:NORAM), the current EV-to-EBITDA is 9.72 as of Jul. 19, 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 NorAm Drilling AS (OSL:NORAM) Overvalued in 2026?
Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued.
The current stock price of kr41.85 is trading 24.3% above its estimated GF Value™ of kr33.66.
GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.
Key valuation signals for OSL:NORAM:
EV-to-EBITDA: 9.72 (87% above median its 10-year median of 5.20)
GF Value™: kr33.66 vs. price of kr41.85 (24.3% above fair value)
Industry Position: 29.1% above the Oil & Gas median (#473 of 761)
No single metric tells the full story. See the OSL:NORAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NorAm Drilling AS owns and operates a quality rig portfolio of super spec developed high-end AC driven rigs tailored for the drilling of horizontal wells in the USA land drilling market. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. The group's operating segments are NorAm Drilling Company, which derives maximum revenue, and NorAm Drilling AS.
89GF Score
Get the complete analysis for OSL:NORAM
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