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. This ratio does not apply to banks.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sparebanken More's Enterprise Value is kr49,180 Mil.
Sparebanken More's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was kr2,382 Mil. Therefore, Sparebanken More's EV-to-Revenue ratio for today is 20.65.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Sparebanken More's Enterprise Value is kr49,180 Mil.
Sparebanken More's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr-2,448 Mil. Therefore, Sparebanken More's EV-to-FCF ratio for today is -20.09.
*** 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.
Sparebanken More (OSL:MORG) 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.
Sparebanken More's current Enterprise Value is kr49,180 Mil.
Sparebanken More'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 kr2,382 Mil.
Sparebanken More's current Enterprise Value is kr49,180 Mil.
Sparebanken More'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-2,219 Mil.
Sparebanken More's current Enterprise Value is kr49,180 Mil.
Sparebanken More'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-2,448 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.
Sparebanken More Enterprise Value Related Terms
Sparebanken More Enterprise Value Historical Data
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The historical data trend for Sparebanken More'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.
Sparebanken More Enterprise Value Competitor Comparison
For the Banks - Regional subindustry, Sparebanken More'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.
Sparebanken More Enterprise Value vs Banks Industry
For the Banks industry and Financial Services sector, Sparebanken More's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Sparebanken More'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.
Sparebanken More'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.
What does a Enterprise Value of kr49,180 Mil mean?
Sparebanken More (OSL:MORG) has a Enterprise Value of kr49,180 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Sparebanken More and its competitors.
Is Sparebanken More's Enterprise Value too high?
Sparebanken More's current Enterprise Value is kr49,180 Mil. Overall, Sparebanken More has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sparebanken More's Enterprise Value compare to competitors?
Sparebanken More's Enterprise Value of kr49,180 Mil can be compared against companies in the Banks 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 Banks company?
A good Enterprise Value depends on the Banks 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 Sparebanken More and its competitors. Sparebanken More's current Enterprise Value is kr49,180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparebanken More stock overvalued right now?
Based on GuruFocus' analysis, Sparebanken More (OSL:MORG) is currently considered Modestly Overvalued. The stock's GF Value™ is kr96.18, compared to a current price of kr108.30 — trading 12.6% above its estimated fair value. The current Enterprise Value is kr49,180 Mil. Sparebanken More's overall GF Score™ is 64/100 with 8 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 Sparebanken More (OSL:MORG), the current Enterprise Value is kr49,180 Mil as of Jul. 02, 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 Sparebanken More (OSL:MORG) Overvalued in 2026?
Based on GuruFocus' analysis, Sparebanken More stock appears to be overvalued.
The current stock price of kr108.30 is trading 12.6% above its estimated GF Value™ of kr96.18.
GuruFocus considers Sparebanken More to be Modestly Overvalued.
Key valuation signals for OSL:MORG:
Enterprise Value: kr49,180 Mil
GF Value™: kr96.18 vs. price of kr108.30 (12.6% above fair value)
No single metric tells the full story. See the OSL:MORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, savings accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services, as well as the insurance industries. It firm manages its business into three segments: Corporate, Retail, and Real Estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.
64GF Score
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