North Energy ASA (OSL:NORTH) EV-to-EBITDA: -3.19 (As of Jul. 30, 2026)

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OSL:NORTH North Energy ASA OSL:NORTH
45 GF Score
Price kr2.30
GF Value kr7.76
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is North Energy ASA EV-to-EBITDA?

North Energy ASA OSL:NORTH +0.88% 45 EV-to-EBITDA is -3.19 as of Jul. 30, 2026. GuruFocus rates OSL:NORTH with a GF Score™ of 45/100 and a GF Value™ of kr7.76 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 510 Asset Management companies, North Energy ASA ranks worse than 196078.24% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, North Energy ASA's enterprise value is kr170.01 Mil. North Energy ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr-53.32 Mil. Therefore, North Energy ASA's EV-to-EBITDA for today is -3.19.

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

OSL:NORTH' s EV-to-EBITDA Range Over the Past 10 Years
Min: -93.44   Med: 1.06   Max: 333.77
Current: -3.19

During the past 13 years, the highest EV-to-EBITDA of North Energy ASA was 333.77. The lowest was -93.44. And the median was 1.06.

OSL:NORTH's EV-to-EBITDA is ranked worse than
100% of 510 companies
in the Asset Management industry
Industry Median: 8.54 vs OSL:NORTH: -3.19

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 (2026-07-30), North Energy ASA's stock price is kr2.30. North Energy ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was kr-0.510. Therefore, North Energy 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).


North Energy ASA  (OSL:NORTH) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.30/-0.510
=At Loss

North Energy ASA's share price for today is kr2.30.
North Energy 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-0.510.

* 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?


North Energy ASA EV-to-EBITDA Related Terms


North Energy ASA EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for North Energy 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.

North Energy ASA EV-to-EBITDA Chart

North Energy 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 -2.74 -10.35 5.61 2.72 -5.54

North Energy 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 4.40 3.70 -104.05 -5.54 -4.07

OSL:NORTH vs BLK, BX, KKR: EV-to-EBITDA Comparison

For the Asset Management subindustry, North Energy 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.


North Energy ASA EV-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, North Energy ASA's EV-to-EBITDA distribution charts can be found below:

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


OSL:NORTH
45GF Score
North Energy ASA OSL:NORTH
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Energy ASA EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=170.009/-53.32
=-3.19

North Energy ASA's current Enterprise Value is kr170.01 Mil.
North Energy 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 kr-53.32 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 -3.19 mean?
North Energy ASA (OSL:NORTH) has a EV-to-EBITDA of -3.19 as of Jul. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on North Energy ASA. According to the industry distribution chart, North Energy ASA ranks #999999 out of 510 companies in the Asset Management industry.
Is North Energy ASA's EV-to-EBITDA too high?
North Energy ASA's current EV-to-EBITDA is -3.19. Based on the distribution chart, North Energy ASA ranks #999999 out of 510 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, North Energy ASA has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North Energy ASA's EV-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, North Energy ASA ranks #999999 out of 510 companies for EV-to-EBITDA. This places North Energy ASA in the lower half of its industry. The industry median EV-to-EBITDA is 8.54. 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 Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 8.54, based on 510 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. 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 North Energy ASA. For the Asset Management industry, the median EV-to-EBITDA is 8.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Energy ASA's current EV-to-EBITDA is -3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Energy ASA stock overvalued right now?
Based on GuruFocus' analysis, North Energy ASA (OSL:NORTH) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.76, compared to a current price of kr2.30 — trading 70.4% below its estimated fair value. The current EV-to-EBITDA is -3.19. North Energy ASA's overall GF Score™ is 45/100 with 4 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 North Energy ASA (OSL:NORTH), the current EV-to-EBITDA is -3.19 as of Jul. 30, 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 North Energy ASA (OSL:NORTH) Overvalued in 2026?

Based on GuruFocus' analysis, North Energy ASA stock appears to be undervalued. The current stock price of kr2.30 is trading 70.4% below its estimated GF Value™ of kr7.76. GuruFocus considers North Energy ASA to be Possible Value Trap.

Key valuation signals for OSL:NORTH:

  • EV-to-EBITDA: -3.19
  • GF Value™: kr7.76 vs. price of kr2.30 (70.4% below fair value)
  • GF Score™: 45/100 with 4 warning signs

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


North Energy ASA Business Description

Address Tjuvholmen alle 19, Oslo, NOR, 0252
North Energy ASA is an industrial holding company with a portfolio of independent investments, both listed and unlisted. The Group reports only one business segment, the investment activities. The Company evaluates companies both within the traditional energy industry, as well as emerging sectors such as renewable energy production and related activities.
45GF Score

Get the complete analysis for OSL:NORTH

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

kr2.30
Price
kr7.76
GF Value