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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, North Energy ASA's Enterprise Value is kr167.66 Mil.
North Energy ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was kr-16.84 Mil. Therefore, North Energy ASA's EV-to-OCF for today is -9.96.
The historical rank and industry rank for North Energy ASA's EV-to-OCF or its related term are showing as below:
OSL:NORTH'
s EV-to-OCF Range Over the Past 10 Years
Min: -18.5 Med: -2.68 Max: 180.88
Current: -9.89
During the past 13 years, the highest EV-to-OCF of North Energy ASA was 180.88. The lowest was -18.50. And the median was -2.68.
OSL:NORTH's EV-to-OCF is ranked better than 74.69% of 1509
companies
in the Asset Management industry
Industry Median: 6.32
vs OSL:NORTH: -9.89
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 (OSL:NORTH) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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:
North Energy ASA's share price for today is kr2.28.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
North Energy ASA EV-to-OCF Related Terms
North Energy ASA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for North Energy ASA's EV-to-OCF 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.
For the Asset Management subindustry, North Energy ASA's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, North Energy ASA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where North Energy ASA's EV-to-OCF falls into.
North Energy ASA's current Enterprise Value is kr167.66 Mil.
North Energy ASA's Cash Flow from Operations 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-16.84 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.
North Energy ASA (OSL:NORTH) has a EV-to-OCF of -9.96 as of Aug. 01, 2026. According to the industry distribution chart, North Energy ASA ranks #382 out of 1509 companies in the Asset Management industry, placing it in the top 25.3%.
Is North Energy ASA's EV-to-OCF too high?
North Energy ASA's current EV-to-OCF is -9.96. Based on the distribution chart, North Energy ASA ranks #382 out of 1509 companies in the Asset Management industry, which is above the industry midpoint. 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-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, North Energy ASA ranks #382 out of 1509 companies for EV-to-OCF. This puts North Energy ASA in the upper half of its industry. The industry median EV-to-OCF is 6.32. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 6.32, based on 1,509 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Energy ASA's current EV-to-OCF is -9.96. 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 kr2.28 — trading 70.6% below its estimated fair value. The current EV-to-OCF is -9.96. 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For North Energy ASA (OSL:NORTH), the current EV-to-OCF is -9.96 as of Aug. 01, 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 kr2.28 is trading 70.6% 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-OCF: -9.96
GF Value™: kr7.76 vs. price of kr2.28 (70.6% below fair value)
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 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-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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