Okea ASA (STU:3SX) Enterprise Value: €294.3 Mil (As of Aug. 02, 2026) ***

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STU:3SX Okea ASA STU:3SX
60 GF Score
Price €3.10
GF Value €1.97
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Okea ASA Enterprise Value?

Okea ASA STU:3SX +0.98% 60 Enterprise Value is €294.3 Mil as of Aug. 02, 2026. GuruFocus rates STU:3SX with a GF Score™ of 60/100 and a GF Value™ of €1.97 (Significantly Overvalued). 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, Okea ASA's Enterprise Value is €294.3 Mil. Okea ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €156.7 Mil. Therefore, Okea ASA's EV-to-EBIT ratio for today is 1.88.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Okea ASA's Enterprise Value is €294.3 Mil. Okea ASA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €341.9 Mil. Therefore, Okea ASA's EV-to-EBITDA ratio for today is 0.86.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Okea ASA's Enterprise Value is €294.3 Mil. Okea ASA's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was €773.8 Mil. Therefore, Okea ASA's EV-to-Revenue ratio for today is 0.38.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Okea ASA's Enterprise Value is €294.3 Mil. Okea ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €390.0 Mil. Therefore, Okea ASA's EV-to-OCF ratio for today is 0.75.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Okea ASA's Enterprise Value is €294.3 Mil. Okea ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €36.1 Mil. Therefore, Okea ASA's EV-to-FCF ratio for today is 8.15.

*** 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.


Okea ASA  (STU:3SX) 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)
=294.311/156.662
=1.88

Okea ASA's current Enterprise Value is €294.3 Mil.
Okea ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €156.7 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)
=294.311/341.891
=0.86

Okea ASA's current Enterprise Value is €294.3 Mil.
Okea ASA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €341.9 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)
=294.311/773.818
=0.38

Okea ASA's current Enterprise Value is €294.3 Mil.
Okea ASA's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €773.8 Mil.

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

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=294.311/390.038
=0.75

Okea ASA's current Enterprise Value is €294.3 Mil.
Okea ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €390.0 Mil.

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

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=294.311/36.108
=8.15

Okea ASA's current Enterprise Value is €294.3 Mil.
Okea ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €36.1 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.


Okea ASA Enterprise Value Related Terms


Okea ASA Enterprise Value Historical Data

* Premium members only.

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.

Okea ASA Enterprise Value Chart

Okea ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 426.13 255.77 138.61 204.22

Okea ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 283.88 87.96 204.22 435.77 252.29

STU:3SX vs COP, EOG, FANG: Enterprise Value Comparison

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 Enterprise Value vs 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.


STU:3SX
60GF Score
Okea ASA STU:3SX
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Okea ASA's Enterprise Value for the quarter that ended in Jun. 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 €294.3 Mil mean?
Okea ASA (STU:3SX) has a Enterprise Value of €294.3 Mil as of Aug. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Okea ASA and its competitors.
Is Okea ASA's Enterprise Value too high?
Okea ASA's current Enterprise Value is €294.3 Mil. Overall, Okea ASA has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okea ASA's Enterprise Value compare to COP and EOG?
Okea ASA's Enterprise Value of €294.3 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 Okea ASA and its competitors. Okea ASA's current Enterprise Value is €294.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okea ASA stock overvalued right now?
Based on GuruFocus' analysis, Okea ASA (STU:3SX) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.97, compared to a current price of €3.10 — trading 57.1% above its estimated fair value. The current Enterprise Value is €294.3 Mil. Okea ASA's overall GF Score™ is 60/100 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 Okea ASA (STU:3SX), the current Enterprise Value is €294.3 Mil as of Aug. 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 Okea ASA (STU:3SX) Overvalued in 2026?

Based on GuruFocus' analysis, Okea ASA stock appears to be overvalued. The current stock price of €3.10 is trading 57.1% above its estimated GF Value™ of €1.97. GuruFocus considers Okea ASA to be Significantly Overvalued.

Key valuation signals for STU:3SX:

  • Enterprise Value: €294.3 Mil
  • GF Value™: €1.97 vs. price of €3.10 (57.1% above fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the STU:3SX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okea ASA Business Description

Industry EnergyOil & Gas
Address Kongens Gate 8, Trondheim, NOR, 7011
Okea ASA is an oil and gas company operating on the Norwegian continental shelf. The company's asset portfolio includes fields it operates as well as interests in other producing fields and exploration licences. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. The operations of the company include Draugen Field, Gjoa Field, Ivar Aasen, and others. The company generates the majority of its revenue from the sale of crude.
60GF Score

Get the complete analysis for STU:3SX

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

€3.10
Price
€1.97
GF Value