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 ASA's Enterprise Value is €11,350 Mil.
Aker ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €470 Mil. Therefore, Aker ASA's EV-to-EBIT ratio for today is 24.17.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Aker ASA's Enterprise Value is €11,350 Mil.
Aker ASA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €599 Mil. Therefore, Aker ASA's EV-to-EBITDA ratio for today is 18.95.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Aker ASA's Enterprise Value is €11,350 Mil.
Aker ASA's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €1,106 Mil. Therefore, Aker ASA's EV-to-Revenue ratio for today is 10.26.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Aker ASA's Enterprise Value is €11,350 Mil.
Aker ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €124 Mil. Therefore, Aker ASA's EV-to-FCF ratio for today is 91.38.
*** 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 ASA (FRA:FKM) 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 ASA's current Enterprise Value is €11,350 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Aker ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €470 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Aker ASA's current Enterprise Value is €11,350 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Aker ASA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €599 Mil.
Aker ASA's current Enterprise Value is €11,350 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Aker ASA's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €1,106 Mil.
Aker ASA's current Enterprise Value is €11,350 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Aker ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €384 Mil.
Aker ASA's current Enterprise Value is €11,350 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Aker ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €124 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 ASA Enterprise Value Related Terms
Aker ASA Enterprise Value Historical Data
* Premium members only.
The historical data trend for Aker 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.
For the Conglomerates subindustry, Aker 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 ASA Enterprise Value vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Aker ASA's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Aker ASA's Enterprise Value falls into.
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 ASA's Enterprise Value for the fiscal year that ended in Dec. 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.
Aker ASA (FRA:FKM) has a Enterprise Value of €11,350 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Aker ASA and its competitors.
Is Aker ASA's Enterprise Value too high?
Aker ASA's current Enterprise Value is €11,350 Mil. Overall, Aker ASA has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aker ASA's Enterprise Value compare to HON and MMM?
Aker ASA's Enterprise Value of €11,350 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Enterprise Value depends on the Conglomerates 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 ASA and its competitors. Aker ASA's current Enterprise Value is €11,350 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker ASA stock overvalued right now?
Based on GuruFocus' analysis, Aker ASA (FRA:FKM) is currently considered Significantly Overvalued. The stock's GF Value™ is €79.72, compared to a current price of €105.60 — trading 32.5% above its estimated fair value. The current Enterprise Value is €11,350 Mil. Aker ASA's overall GF Score™ is 68/100 with 5 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 ASA (FRA:FKM), the current Enterprise Value is €11,350 Mil as of Jul. 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 Aker ASA (FRA:FKM) Overvalued in 2026?
Based on GuruFocus' analysis, Aker ASA stock appears to be overvalued.
The current stock price of €105.60 is trading 32.5% above its estimated GF Value™ of €79.72.
GuruFocus considers Aker ASA to be Significantly Overvalued.
Key valuation signals for FRA:FKM:
Enterprise Value: €11,350 Mil
GF Value™: €79.72 vs. price of €105.60 (32.5% above fair value)
No single metric tells the full story. See the FRA:FKM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. The company's investment portfolio comprises two segments: Industrial holdings and Financial investments. The primary focus for businesses within Industrial holdings is long-term value creation. Businesses within Financial investments are managed as a portfolio with a focus on financial and strategic opportunities. The company generates the majority of its revenue from Industrial holdings. Geographically, the company generates the majority of its revenue from Norway.
68GF Score
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