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Var Energi ASA (CHIX:VARO) Enterprise Value : kr124,615 Mil (As of Apr. 12, 2025)


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What is Var Energi ASA Enterprise Value?

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, Var Energi ASA's Enterprise Value is kr124,615 Mil. Var Energi ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was kr35,545 Mil. Therefore, Var Energi ASA's EV-to-EBIT ratio for today is 3.51.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Var Energi ASA's Enterprise Value is kr124,615 Mil. Var Energi ASA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 was kr56,163 Mil. Therefore, Var Energi ASA's EV-to-EBITDA ratio for today is 2.22.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Var Energi ASA's Enterprise Value is kr124,615 Mil. Var Energi ASA's Revenue for the trailing twelve months (TTM) ended in Dec. 2024 was kr79,272 Mil. Therefore, Var Energi ASA's EV-to-Revenue ratio for today is 1.57.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Var Energi ASA's Enterprise Value is kr124,615 Mil. Var Energi ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 was kr4,761 Mil. Therefore, Var Energi ASA's EV-to-FCF ratio for today is 26.17.


Var Energi ASA Enterprise Value Historical Data

The historical data trend for Var Energi 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.

* Premium members only.

Var Energi ASA Enterprise Value Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Enterprise Value
Get a 7-Day Free Trial - - 109,609.07 114,456.42 140,925.76

Var Energi ASA Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Enterprise Value 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 114,456.42 124,062.34 136,495.15 122,640.56 140,925.76

Competitive Comparison of Var Energi ASA's Enterprise Value

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


Var Energi ASA's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Var Energi ASA's Enterprise Value falls into.


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Var Energi 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.

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

Var Energi ASA's Enterprise Value for the quarter that ended in Dec. 2024 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.


Var Energi ASA  (CHIX:VARo) 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.

Var Energi ASA's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=124614.597/35544.925
=3.51

Var Energi ASA's current Enterprise Value is kr124,615 Mil.
Var Energi ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr35,545 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=124614.597/56163.17
=2.22

Var Energi ASA's current Enterprise Value is kr124,615 Mil.
Var Energi ASA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr56,163 Mil.

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

Var Energi ASA's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=124614.597/79272.131
=1.57

Var Energi ASA's current Enterprise Value is kr124,615 Mil.
Var Energi ASA's Revenue for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr79,272 Mil.

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

Var Energi ASA's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=124614.597/4761.195
=26.17

Var Energi ASA's current Enterprise Value is kr124,615 Mil.
Var Energi ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr4,761 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 Enterprise Value Related Terms

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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.

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