Dolphin Drilling AS (OSL:DDRIL) Enterprise Value: kr1,673 Mil (As of Jun. 29, 2026) ***


OSL:DDRIL Dolphin Drilling AS OSL:DDRIL
61 GF Score
Price kr2.43
GF Value kr4.07
Valuation Possible Value Trap
! 2 Warning Signs
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What is Dolphin Drilling AS Enterprise Value?

Dolphin Drilling AS OSL:DDRIL -2.41% 61 Enterprise Value is kr1,673 Mil as of Jun. 29, 2026. GuruFocus rates OSL:DDRIL with a GF Score™ of 61/100 and a GF Value™ of kr4.07 (Possible Value Trap). 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, Dolphin Drilling AS's Enterprise Value is kr1,673 Mil. Dolphin Drilling AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr-66 Mil. Therefore, Dolphin Drilling AS's EV-to-EBIT ratio for today is -25.38.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Dolphin Drilling AS's Enterprise Value is kr1,673 Mil. Dolphin Drilling AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr147 Mil. Therefore, Dolphin Drilling AS's EV-to-EBITDA ratio for today is 11.34.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Dolphin Drilling AS's Enterprise Value is kr1,673 Mil. Dolphin Drilling AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was kr1,758 Mil. Therefore, Dolphin Drilling AS's EV-to-Revenue ratio for today is 0.95.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Dolphin Drilling AS's Enterprise Value is kr1,673 Mil. Dolphin Drilling AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was kr-248 Mil. Therefore, Dolphin Drilling AS's EV-to-OCF ratio for today is -6.74.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Dolphin Drilling AS's Enterprise Value is kr1,673 Mil. Dolphin Drilling AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr-248 Mil. Therefore, Dolphin Drilling AS's EV-to-FCF ratio for today is -6.74.

*** 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.


Dolphin Drilling AS  (OSL:DDRIL) 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.

Dolphin Drilling AS's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1672.724/-65.92
=-25.38

Dolphin Drilling AS's current Enterprise Value is kr1,673 Mil.
Dolphin Drilling AS's EBIT 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-66 Mil.

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

Dolphin Drilling AS's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1672.724/147.465
=11.34

Dolphin Drilling AS's current Enterprise Value is kr1,673 Mil.
Dolphin Drilling AS's EBITDA 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 kr147 Mil.

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

Dolphin Drilling AS's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1672.724/1758.078
=0.95

Dolphin Drilling AS's current Enterprise Value is kr1,673 Mil.
Dolphin Drilling AS's Revenue 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 kr1,758 Mil.

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

Dolphin Drilling AS's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1672.724/-248.005
=-6.74

Dolphin Drilling AS's current Enterprise Value is kr1,673 Mil.
Dolphin Drilling AS'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-248 Mil.

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

Dolphin Drilling AS's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1672.724/-248.005
=-6.74

Dolphin Drilling AS's current Enterprise Value is kr1,673 Mil.
Dolphin Drilling AS's Free Cash Flow 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-248 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.


Dolphin Drilling AS Enterprise Value Related Terms


Dolphin Drilling AS Enterprise Value Historical Data

* Premium members only.

The historical data trend for Dolphin Drilling AS'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.

Dolphin Drilling AS Enterprise Value Chart

Dolphin Drilling AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1,269.28 1,791.15 1,635.01 1,046.68

Dolphin Drilling AS Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only 1,139.98 2,936.61 884.85 1,046.68 1,056.30

OSL:DDRIL vs NE, RIG, VAL: Enterprise Value Comparison

For the Oil & Gas Drilling subindustry, Dolphin Drilling AS'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.


Dolphin Drilling AS Enterprise Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dolphin Drilling AS's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Dolphin Drilling AS's Enterprise Value falls into.


OSL:DDRIL
61GF Score
Dolphin Drilling AS OSL:DDRIL
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Dolphin Drilling AS 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.

Dolphin Drilling AS's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Dolphin Drilling AS's Enterprise Value for the quarter that ended in Mar. 2026 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 kr1,673 Mil mean?
Dolphin Drilling AS (OSL:DDRIL) has a Enterprise Value of kr1,673 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Dolphin Drilling AS and its competitors.
Is Dolphin Drilling AS's Enterprise Value too high?
Dolphin Drilling AS's current Enterprise Value is kr1,673 Mil. Overall, Dolphin Drilling AS has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Drilling AS's Enterprise Value compare to NE and RIG?
Dolphin Drilling AS's Enterprise Value of kr1,673 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas 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 Dolphin Drilling AS and its competitors. Dolphin Drilling AS's current Enterprise Value is kr1,673 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Drilling AS (OSL:DDRIL) is currently considered Possible Value Trap. The stock's GF Value™ is kr4.07, compared to a current price of kr2.43 — trading 40.3% below its estimated fair value. The current Enterprise Value is kr1,673 Mil. Dolphin Drilling AS's overall GF Score™ is 61/100 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 Dolphin Drilling AS (OSL:DDRIL), the current Enterprise Value is kr1,673 Mil as of Jun. 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 Dolphin Drilling AS (OSL:DDRIL) Overvalued in 2026?

Based on GuruFocus' analysis, Dolphin Drilling AS stock appears to be undervalued. The current stock price of kr2.43 is trading 40.3% below its estimated GF Value™ of kr4.07. GuruFocus considers Dolphin Drilling AS to be Possible Value Trap.

Key valuation signals for OSL:DDRIL:

  • Enterprise Value: kr1,673 Mil
  • GF Value™: kr4.07 vs. price of kr2.43 (40.3% below fair value)
  • GF Score™: 61/100 with 2 warning signs

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


Dolphin Drilling AS Business Description

Industry EnergyOil & Gas
Other Exchanges 5DP:Germany
Address Vestre Svanholmen 12, Sandnes, NOR, 4313
Dolphin Drilling AS is organised into one segment; drilling services to the offshore oil and gas offshore industry. The company has presence in United Kingdom, India, Nigeria, Norway, and Others. The company generates majority of revenue from India.
61GF Score

Get the complete analysis for OSL:DDRIL

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

kr2.43
Price
kr4.07
GF Value