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Reach Subsea ASAOSL:REACH +5.63%83 EV-to-OCF is 3.27 as of Aug. 29, 2026, which is 16% above its 10-year median of 2.82. GuruFocus rates OSL:REACH with a GF Score™ of 83/100 and a GF Value™ of kr6.91 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,023 Oil & Gas companies, Reach Subsea ASA ranks better than 63.83% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Reach Subsea ASA's Enterprise Value is kr3,762 Mil.
Reach Subsea ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was kr1,150 Mil. Therefore, Reach Subsea ASA's EV-to-OCF for today is 3.27.
The historical rank and industry rank for Reach Subsea ASA's EV-to-OCF or its related term are showing as below:
OSL:REACH'
s EV-to-OCF Range Over the Past 10 Years
Min: -185.84 Med: 2.82 Max: 146.24
Current: 3.17
During the past 13 years, the highest EV-to-OCF of Reach Subsea ASA was 146.24. The lowest was -185.84. And the median was 2.82.
OSL:REACH's EV-to-OCF is ranked better than 63.83% of 1023
companies
in the Oil & Gas industry
Industry Median: 5.64
vs OSL:REACH: 3.17
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.
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.
Reach Subsea ASA's PE Ratio (TTM) for today is calculated as:
Reach Subsea ASA's share price for today is kr6.57.
Reach Subsea ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.230.
* 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.
Reach Subsea ASA EV-to-OCF Related Terms
Reach Subsea ASA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Reach Subsea 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 Oil & Gas Equipment & Services subindustry, Reach Subsea 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.
Reach Subsea ASA EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Reach Subsea ASA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Reach Subsea ASA's EV-to-OCF falls into.
Reach Subsea ASA's current Enterprise Value is kr3,762 Mil.
Reach Subsea ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,150 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.
Reach Subsea ASA (OSL:REACH) has a EV-to-OCF of 3.27 as of Aug. 29, 2026. This is 16% above median its historical median of 2.82. According to the industry distribution chart, Reach Subsea ASA ranks #370 out of 1023 companies in the Oil & Gas industry, placing it in the top 36.2%.
Is Reach Subsea ASA's EV-to-OCF too high?
Reach Subsea ASA's current EV-to-OCF of 3.27 is 16% above median its 10-year median of 2.82. The Oil & Gas industry median EV-to-OCF is 5.64. Reach Subsea ASA's value of 3.27 is 42% below this industry median. Based on the distribution chart, Reach Subsea ASA ranks #370 out of 1023 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Reach Subsea ASA has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Reach Subsea ASA's EV-to-OCF compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Reach Subsea ASA ranks #370 out of 1023 companies for EV-to-OCF. This puts Reach Subsea ASA in the upper half of its industry. The industry median EV-to-OCF is 5.64. Reach Subsea ASA's value of 3.27 is 42% below this benchmark. While the company's 10-year median is 2.82 vs. the industry median of 5.64, Reach Subsea 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-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.64, based on 1,023 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. Reach Subsea ASA's current EV-to-OCF of 3.27 is 42% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reach Subsea ASA's current EV-to-OCF is 3.27, which is 16% above median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reach Subsea ASA stock overvalued right now?
Based on GuruFocus' analysis, Reach Subsea ASA (OSL:REACH) is currently considered Fairly Valued. The stock's GF Value™ is kr6.91, compared to a current price of kr6.57 — trading 4.9% below its estimated fair value. The current EV-to-OCF is 3.27, which is 16% above median its 10-year median of 2.82 and 42% below the Oil & Gas industry median of 5.64. Reach Subsea ASA's overall GF Score™ is 83/100 with 7 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 Reach Subsea ASA (OSL:REACH), the current EV-to-OCF is 3.27 as of Aug. 29, 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 Reach Subsea ASA (OSL:REACH) Overvalued in 2026?
Based on GuruFocus' analysis, Reach Subsea ASA stock appears to be undervalued.
The current stock price of kr6.57 is trading 4.9% below its estimated GF Value™ of kr6.91.
GuruFocus considers Reach Subsea ASA to be Fairly Valued.
Key valuation signals for OSL:REACH:
EV-to-OCF: 3.27 (16% above median its 10-year median of 2.82)
GF Value™: kr6.91 vs. price of kr6.57 (4.9% below fair value)
Industry Position: 42% below the Oil & Gas median (#370 of 1023)
No single metric tells the full story. See the OSL:REACH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment. Geographically, the company has operated multiple regions, including Brazil, the U.S Gulf, the Caribbean, the Atlantic, the Mediterranean, West Africa including Ivory Coast, the Baltic, the Middle East, and the Asia-Pacific region, covering Singapore, Taiwan, Japan, Australia and Oceania.
83GF Score
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