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Okea ASA (OSL:OKEA) Enterprise Value : kr2,628 Mil (As of May. 15, 2024)


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What is Okea ASA Enterprise Value?

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, Okea ASA's Enterprise Value is kr2,628 Mil. Okea ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr1,391 Mil. Therefore, Okea ASA's EV-to-EBIT ratio for today is 1.89.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Okea ASA's Enterprise Value is kr2,628 Mil. Okea ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was kr3,537 Mil. Therefore, Okea ASA's EV-to-EBITDA ratio for today is 0.74.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Okea ASA's Enterprise Value is kr2,628 Mil. Okea ASA's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was kr9,230 Mil. Therefore, Okea ASA's EV-to-Revenue ratio for today is 0.28.


Okea ASA Enterprise Value Historical Data

The historical data trend for Okea 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.

* Premium members only.

Okea ASA Enterprise Value Chart

Okea ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only 4,491.45 2,782.72 3,455.23 4,493.27 2,525.95

Okea ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3,769.26 3,029.42 3,765.50 2,525.95 2,581.79

Competitive Comparison of Okea ASA's Enterprise Value

For the Oil & Gas E&P subindustry, Okea 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.


Okea ASA's Enterprise Value Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Okea ASA's Enterprise Value falls into.



Okea ASA 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.

Okea ASA's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Okea ASA's Enterprise Value for the quarter that ended in Mar. 2024 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.


Okea ASA  (OSL:OKEA) 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.

Okea ASA's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2627.520/1391.114
=1.89

Okea ASA's current Enterprise Value is kr2,628 Mil.
Okea ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,391 Mil.

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

Okea ASA's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2627.520/3536.674
=0.74

Okea ASA's current Enterprise Value is kr2,628 Mil.
Okea ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr3,537 Mil.

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

Okea ASA's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2627.520/9230.159
=0.28

Okea ASA's current Enterprise Value is kr2,628 Mil.
Okea ASA's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr9,230 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.


Okea ASA Enterprise Value Related Terms

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Okea ASA (OSL:OKEA) Business Description

Traded in Other Exchanges
Address
Kongens Gate 8, Trondheim, NOR, 7011
Okea ASA is an independent oil producer. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. Its operation includes Draugen Field, Gjoa Field, Ivar Aasen, Grevling and Yme.

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