EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Dolphin Drilling AS's Enterprise Value is €148.2 Mil.
Dolphin Drilling AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-21.9 Mil. Therefore, Dolphin Drilling AS's EV-to-FCF for today is -6.76.
The historical rank and industry rank for Dolphin Drilling AS's EV-to-FCF or its related term are showing as below:
FRA:5DP'
s EV-to-FCF Range Over the Past 10 Years
Min: -255.9 Med: -2.89 Max: 97.48
Current: -6.74
During the past 13 years, the highest EV-to-FCF of Dolphin Drilling AS was 97.48. The lowest was -255.90. And the median was -2.89.
FRA:5DP's EV-to-FCF is ranked worse than 100% of 581
companies
in the Oil & Gas industry
Industry Median: 15.4
vs FRA:5DP: -6.74
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Dolphin Drilling AS (FRA:5DP) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Dolphin Drilling AS's PE Ratio (TTM) for today is calculated as:
Dolphin Drilling AS's share price for today is €0.218.
Dolphin Drilling AS's Earnings per Share (Diluted) 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 €-41.341.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Dolphin Drilling AS EV-to-FCF Related Terms
Dolphin Drilling AS EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Dolphin Drilling AS's EV-to-FCF 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.
For the Oil & Gas Drilling subindustry, Dolphin Drilling AS's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Dolphin Drilling AS EV-to-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dolphin Drilling AS's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Dolphin Drilling AS's EV-to-FCF falls into.
Dolphin Drilling AS's current Enterprise Value is €148.2 Mil.
Dolphin 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 €-21.9 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.
Dolphin Drilling AS (FRA:5DP) has a EV-to-FCF of -6.76 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Dolphin Drilling AS and its competitors. According to the industry distribution chart, Dolphin Drilling AS ranks #999999 out of 581 companies in the Oil & Gas industry.
Is Dolphin Drilling AS's EV-to-FCF too high?
Dolphin Drilling AS's current EV-to-FCF is -6.76. Based on the distribution chart, Dolphin Drilling AS ranks #999999 out of 581 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Dolphin Drilling AS has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Drilling AS's EV-to-FCF compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Dolphin Drilling AS ranks #999999 out of 581 companies for EV-to-FCF. This places Dolphin Drilling AS in the lower half of its industry. The industry median EV-to-FCF is 15.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.40, based on 581 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Dolphin Drilling AS and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Drilling AS's current EV-to-FCF is -6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Drilling AS (FRA:5DP) is currently considered Possible Value Trap. The stock's GF Value™ is €0.36, compared to a current price of €0.22 — trading 39.4% below its estimated fair value. The current EV-to-FCF is -6.76. Dolphin Drilling AS's overall GF Score™ is 40/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Dolphin Drilling AS (FRA:5DP), the current EV-to-FCF is -6.76 as of Jun. 30, 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 Dolphin Drilling AS (FRA:5DP) Overvalued in 2026?
Based on GuruFocus' analysis, Dolphin Drilling AS stock appears to be undervalued.
The current stock price of €0.22 is trading 39.4% below its estimated GF Value™ of €0.36.
GuruFocus considers Dolphin Drilling AS to be Possible Value Trap.
Key valuation signals for FRA:5DP:
EV-to-FCF: -6.76
GF Value™: €0.36 vs. price of €0.22 (39.4% below fair value)
No single metric tells the full story. See the FRA:5DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dolphin Drilling AS is organised into one segment; drilling services to the offshore oil and gas offshore industry. The company has presence in United Kingdom, India, Nigeria, Norway, and Others. The company generates majority of revenue from India.
40GF Score
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