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, HAV Group ASA's Enterprise Value is kr337.9 Mil.
HAV Group ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr43.5 Mil. Therefore, HAV Group ASA's EV-to-EBIT ratio for today is 7.77.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, HAV Group ASA's Enterprise Value is kr337.9 Mil.
HAV Group ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr64.4 Mil. Therefore, HAV Group ASA's EV-to-EBITDA ratio for today is 5.25.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, HAV Group ASA's Enterprise Value is kr337.9 Mil.
HAV Group ASA's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was kr888.3 Mil. Therefore, HAV Group ASA's EV-to-Revenue ratio for today is 0.38.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, HAV Group ASA's Enterprise Value is kr337.9 Mil.
HAV Group ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr-105.1 Mil. Therefore, HAV Group ASA's EV-to-FCF ratio for today is -3.21.
*** 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.
HAV Group ASA (OSL:HAV) 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.
HAV Group ASA's current Enterprise Value is kr337.9 Mil.
HAV Group ASA'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 kr43.5 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
HAV Group ASA's current Enterprise Value is kr337.9 Mil.
HAV Group ASA'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 kr64.4 Mil.
HAV Group ASA's current Enterprise Value is kr337.9 Mil.
HAV Group ASA'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 kr888.3 Mil.
HAV Group ASA's current Enterprise Value is kr337.9 Mil.
HAV Group ASA'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-90.4 Mil.
HAV Group ASA's current Enterprise Value is kr337.9 Mil.
HAV Group ASA'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-105.1 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.
HAV Group ASA Enterprise Value Related Terms
HAV Group ASA Enterprise Value Historical Data
* Premium members only.
The historical data trend for HAV Group 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.
HAV Group ASA Enterprise Value Competitor Comparison
For the Marine Shipping subindustry, HAV Group 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.
HAV Group ASA Enterprise Value vs Transportation Industry
For the Transportation industry and Industrials sector, HAV Group ASA's Enterprise Value distribution charts can be found below:
* The bar in red indicates where HAV Group 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.
HAV Group 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.
HAV Group ASA (OSL:HAV) has a Enterprise Value of kr337.9 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on HAV Group ASA and its competitors.
Is HAV Group ASA's Enterprise Value too high?
HAV Group ASA's current Enterprise Value is kr337.9 Mil. Overall, HAV Group ASA has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HAV Group ASA's Enterprise Value compare to competitors?
HAV Group ASA's Enterprise Value of kr337.9 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Enterprise Value depends on the Transportation 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 HAV Group ASA and its competitors. HAV Group ASA's current Enterprise Value is kr337.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAV Group ASA stock overvalued right now?
Based on GuruFocus' analysis, HAV Group ASA (OSL:HAV) is currently considered Fairly Valued. The stock's GF Value™ is kr12.47, compared to a current price of kr13.50 — trading 8.3% above its estimated fair value. The current Enterprise Value is kr337.9 Mil. HAV Group ASA's overall GF Score™ is 63/100 with 4 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 HAV Group ASA (OSL:HAV), the current Enterprise Value is kr337.9 Mil as of Jul. 03, 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 HAV Group ASA (OSL:HAV) Overvalued in 2026?
Based on GuruFocus' analysis, HAV Group ASA stock appears to be overvalued.
The current stock price of kr13.50 is trading 8.3% above its estimated GF Value™ of kr12.47.
GuruFocus considers HAV Group ASA to be Fairly Valued.
Key valuation signals for OSL:HAV:
Enterprise Value: kr337.9 Mil
GF Value™: kr12.47 vs. price of kr13.50 (8.3% above fair value)
No single metric tells the full story. See the OSL:HAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HAV Group ASA is a provider of solutions and technology to the marine and maritime industries. The group's vision is to contribute to the green shift through solutions and high-end products for the ocean industries. The Group's main activities are: HAV Design, i.e., providing ship design and system packages for offshore, transport, and fishing vessels; Norwegian Electric Systems, i.e., specializing in design, engineering, and installation of electric systems and delivery of control and automation systems for ships; Norwegian Greentech, i.e., specializing in the delivery of ballast water treatment systems. HAV Hydrogen, i.e., delivers complete and scalable hydrogen systems that are designed for operation in heavy seas. Other/Elimination includes intercompany and the mother company.
63GF Score
Get the complete analysis for OSL:HAV
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