Aker Horizons ASA (CHIX:AKHO) Enterprise Value: kr2,820 Mil (As of Jul. 15, 2026) ***

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CHIX:AKHO Aker Horizons ASA CHIX:AKHO
36 GF Score
Price kr1.49
GF Value kr238.32
! 2 Warning Signs
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What is Aker Horizons ASA Enterprise Value?

Aker Horizons ASA CHIX:AKHO 36 Enterprise Value is kr2,820 Mil as of Jul. 15, 2026. GuruFocus rates CHIX:AKHO with a GF Score™ of 36/100 and a GF Value™ of kr238.32. The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Aker Horizons ASA's Enterprise Value is kr2,820 Mil. Aker Horizons ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was kr-2,363 Mil. Therefore, Aker Horizons ASA's EV-to-EBIT ratio for today is -1.19.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Aker Horizons ASA's Enterprise Value is kr2,820 Mil. Aker Horizons ASA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2025 was kr-759 Mil. Therefore, Aker Horizons ASA's EV-to-EBITDA ratio for today is -3.72.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Aker Horizons ASA's Enterprise Value is kr2,820 Mil. Aker Horizons ASA's Revenue for the trailing twelve months (TTM) ended in Jun. 2025 was kr2,545 Mil. Therefore, Aker Horizons ASA's EV-to-Revenue ratio for today is 1.11.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Aker Horizons ASA's Enterprise Value is kr2,820 Mil. Aker Horizons ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2025 was kr181 Mil. Therefore, Aker Horizons ASA's EV-to-OCF ratio for today is 15.58.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Aker Horizons ASA's Enterprise Value is kr2,820 Mil. Aker Horizons ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2025 was kr-723 Mil. Therefore, Aker Horizons ASA's EV-to-FCF ratio for today is -3.90.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Aker Horizons ASA  (CHIX:AKHo) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Aker Horizons ASA's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2820.457/-2363
=-1.19

Aker Horizons ASA's current Enterprise Value is kr2,820 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Aker Horizons ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was kr-2,363 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Aker Horizons ASA's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2820.457/-759
=-3.72

Aker Horizons ASA's current Enterprise Value is kr2,820 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Aker Horizons ASA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2025 was kr-759 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Aker Horizons ASA's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2820.457/2545
=1.11

Aker Horizons ASA's current Enterprise Value is kr2,820 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Aker Horizons ASA's Revenue for the trailing twelve months (TTM) ended in Jun. 2025 was kr2,545 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Aker Horizons ASA's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2820.457/181
=15.58

Aker Horizons ASA's current Enterprise Value is kr2,820 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Aker Horizons ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2025 was kr181 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Aker Horizons ASA's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2820.457/-723
=-3.90

Aker Horizons ASA's current Enterprise Value is kr2,820 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Aker Horizons ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2025 was kr-723 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.


Aker Horizons ASA Enterprise Value Related Terms


Aker Horizons ASA Enterprise Value Historical Data

* Premium members only.

The historical data trend for Aker Horizons ASA's Enterprise Value 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.

Aker Horizons ASA Enterprise Value Chart

Aker Horizons ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Enterprise Value
Get a 7-Day Free Trial 0.00 35,374.66 27,933.07 19,497.75 21,596.75

Aker Horizons ASA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 23,687.62 19,497.75 20,072.75 21,596.75 3,811.24

Aker Horizons ASA Enterprise Value Competitor Comparison

For the Utilities - Renewable subindustry, Aker Horizons ASA's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Aker Horizons ASA Enterprise Value vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Aker Horizons ASA's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Aker Horizons ASA's Enterprise Value falls into.


CHIX:AKHO
36GF Score
Aker Horizons ASA CHIX:AKHO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aker Horizons ASA Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Aker Horizons ASA's Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as

Aker Horizons ASA's Enterprise Value for the quarter that ended in Jun. 2025 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of kr2,820 Mil mean?
Aker Horizons ASA (CHIX:AKHO) has a Enterprise Value of kr2,820 Mil as of Jul. 15, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Aker Horizons ASA and its competitors.
Is Aker Horizons ASA's Enterprise Value too high?
Aker Horizons ASA's current Enterprise Value is kr2,820 Mil. Overall, Aker Horizons ASA has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Aker Horizons ASA's Enterprise Value compare to competitors?
Aker Horizons ASA's Enterprise Value of kr2,820 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Utilities - Independent Power Producers company?
A good Enterprise Value depends on the Utilities - Independent Power Producers industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Aker Horizons ASA and its competitors. Aker Horizons ASA's current Enterprise Value is kr2,820 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker Horizons ASA stock overvalued right now?
Aker Horizons ASA (CHIX:AKHO) has a current Enterprise Value of kr2,820 Mil. The stock's GF Value™ is kr238.32, compared to a current price of kr1.49 — trading 99.4% below its estimated fair value. The current Enterprise Value is kr2,820 Mil. Aker Horizons ASA's overall GF Score™ is 36/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Aker Horizons ASA (CHIX:AKHO), the current Enterprise Value is kr2,820 Mil as of Jul. 15, 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 Aker Horizons ASA (CHIX:AKHO) Overvalued in 2026?

Based on GuruFocus' analysis, Aker Horizons ASA stock appears to be undervalued. The current stock price of kr1.49 is trading 99.4% below its estimated GF Value™ of kr238.32.

Key valuation signals for CHIX:AKHO:

  • Enterprise Value: kr2,820 Mil
  • GF Value™: kr238.32 vs. price of kr1.49 (99.4% below fair value)
  • GF Score™: 36/100 with 2 warning signs

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


Aker Horizons ASA Business Description

Address John Strandruds vei 10, Baerum, NOR, NO-1366
Aker Horizons ASA is an investment management company. It invests in and develops companies within renewable energy sectors and other technologies that make material contributions to reducing emissions or promoting sustainable living. The company's reportable segments are Aker Carbon Capture (ACC), Asset Development (AAD), Mainstream Renewable Power (Mainstream), Aker Horizons and holdings, and Others. Company operates in Australia, Norway, USA, Korea, Ireland, Chile, South Africa, Indonesia, Colombia, Uk, Germany, and other.
36GF Score

Get the complete analysis for CHIX:AKHO

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

kr1.49
Price
kr238.32
GF Value