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, NorAm Drilling AS's Enterprise Value is kr1,580 Mil.
NorAm Drilling AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr117 Mil. Therefore, NorAm Drilling AS's EV-to-EBIT ratio for today is 13.49.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, NorAm Drilling AS's Enterprise Value is kr1,580 Mil.
NorAm Drilling AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr176 Mil. Therefore, NorAm Drilling AS's EV-to-EBITDA ratio for today is 8.98.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, NorAm Drilling AS's Enterprise Value is kr1,580 Mil.
NorAm Drilling AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was kr1,009 Mil. Therefore, NorAm Drilling AS's EV-to-Revenue ratio for today is 1.57.
*** 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.
NorAm Drilling AS (OSL:NORAM) 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.
NorAm Drilling AS's current Enterprise Value is kr1,580 Mil.
NorAm 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 kr117 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
NorAm Drilling AS's current Enterprise Value is kr1,580 Mil.
NorAm 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 kr176 Mil.
NorAm Drilling AS's current Enterprise Value is kr1,580 Mil.
NorAm 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 kr1,009 Mil.
NorAm Drilling AS's current Enterprise Value is kr1,580 Mil.
NorAm 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 kr144 Mil.
NorAm Drilling AS's current Enterprise Value is kr1,580 Mil.
NorAm 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 kr124 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.
NorAm Drilling AS Enterprise Value Related Terms
NorAm Drilling AS Enterprise Value Historical Data
* Premium members only.
The historical data trend for NorAm 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.
OSL:NORAM vs SLB, BKR, HAL: Enterprise Value Comparison
For the Oil & Gas Equipment & Services subindustry, NorAm 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.
NorAm Drilling AS Enterprise Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NorAm Drilling AS's Enterprise Value distribution charts can be found below:
* The bar in red indicates where NorAm Drilling AS'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.
NorAm Drilling AS'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.
NorAm Drilling AS (OSL:NORAM) has a Enterprise Value of kr1,580 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 NorAm Drilling AS and its competitors.
Is NorAm Drilling AS's Enterprise Value too high?
NorAm Drilling AS's current Enterprise Value is kr1,580 Mil. Overall, NorAm Drilling AS has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's Enterprise Value compare to SLB and BKR?
NorAm Drilling AS's Enterprise Value of kr1,580 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 NorAm Drilling AS and its competitors. NorAm Drilling AS's current Enterprise Value is kr1,580 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorAm Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, NorAm Drilling AS (OSL:NORAM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr33.77, compared to a current price of kr38.85 — trading 15% above its estimated fair value. The current Enterprise Value is kr1,580 Mil. NorAm Drilling AS's overall GF Score™ is 87/100 with 3 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 NorAm Drilling AS (OSL:NORAM), the current Enterprise Value is kr1,580 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 NorAm Drilling AS (OSL:NORAM) Overvalued in 2026?
Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued.
The current stock price of kr38.85 is trading 15% above its estimated GF Value™ of kr33.77.
GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.
Key valuation signals for OSL:NORAM:
Enterprise Value: kr1,580 Mil
GF Value™: kr33.77 vs. price of kr38.85 (15% above fair value)
No single metric tells the full story. See the OSL:NORAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NorAm Drilling AS owns and operates a quality rig portfolio of super spec developed high-end AC driven rigs tailored for the drilling of horizontal wells in the USA land drilling market. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. The group's operating segments are NorAm Drilling Company, which derives maximum revenue, and NorAm Drilling AS.
87GF Score
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