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Var Energi ASA (Var Energi ASA) EV-to-EBITDA : 2.72 (As of May. 20, 2024)


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What is Var Energi ASA EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Var Energi ASA's enterprise value is $12,265 Mil. Var Energi ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $4,517 Mil. Therefore, Var Energi ASA's EV-to-EBITDA for today is 2.72.

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

VARRY' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.26   Med: 1.77   Max: 3.45
Current: 2.72

During the past 6 years, the highest EV-to-EBITDA of Var Energi ASA was 3.45. The lowest was 1.26. And the median was 1.77.

VARRY's EV-to-EBITDA is ranked better than
84.08% of 785 companies
in the Oil & Gas industry
Industry Median: 6.17 vs VARRY: 2.72

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.

As of today (2024-05-20), Var Energi ASA's stock price is $6.26. Var Energi ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $0.420. Therefore, Var Energi ASA's PE Ratio for today is 14.90.

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


Var Energi ASA EV-to-EBITDA Historical Data

The historical data trend for Var Energi 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.

* Premium members only.

Var Energi ASA EV-to-EBITDA Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial - - - 1.54 2.12

Var Energi ASA Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only 1.28 1.68 1.78 2.12 2.71

Competitive Comparison of Var Energi ASA's EV-to-EBITDA

For the Oil & Gas E&P subindustry, Var Energi 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.


Var Energi ASA's EV-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's EV-to-EBITDA distribution charts can be found below:

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



Var Energi ASA EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=12264.581/4517.32
=2.72

Var Energi ASA's current Enterprise Value is $12,265 Mil.
Var Energi ASA'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 $4,517 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.


Var Energi ASA  (OTCPK:VARRY) 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.

Var Energi ASA's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.26/0.420
=14.90

Var Energi ASA's share price for today is $6.26.
Var Energi ASA'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 $0.420.

* 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?


Var Energi ASA EV-to-EBITDA Related Terms

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


Var Energi ASA (Var Energi ASA) Business Description

Traded in Other Exchanges
Address
Vestre Svanholmen 1, Sandnes, NOR, 4313
Var Energi ASA independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. Revenues are mainly related to the sale of oil, gas, and NGL.

Var Energi ASA (Var Energi ASA) Headlines

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