Borregaard ASA (OSL:BRG) EV-to-FCF: 20.18 (As of Jul. 21, 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:BRG Borregaard ASA OSL:BRG
80 GF Score
Price kr161.60
GF Value kr190.38
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Borregaard ASA EV-to-FCF?

Borregaard ASA OSL:BRG +0.87% 80 EV-to-FCF is 20.18 as of Jul. 21, 2026, which is 35% below its 10-year median of 30.93. GuruFocus rates OSL:BRG with a GF Score™ of 80/100 and a GF Value™ of kr190.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 926 Chemicals companies, Borregaard ASA ranks better than 52.59% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Borregaard ASA's Enterprise Value is kr18,265 Mil. Borregaard ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was kr905 Mil. Therefore, Borregaard ASA's EV-to-FCF for today is 20.18.

The historical rank and industry rank for Borregaard ASA's EV-to-FCF or its related term are showing as below:

OSL:BRG' s EV-to-FCF Range Over the Past 10 Years
Min: -118.49   Med: 30.93   Max: 1318.5
Current: 20.18

During the past 13 years, the highest EV-to-FCF of Borregaard ASA was 1318.50. The lowest was -118.49. And the median was 30.93.

OSL:BRG's EV-to-FCF is ranked better than
52.59% of 926 companies
in the Chemicals industry
Industry Median: 21.335 vs OSL:BRG: 20.18

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.

As of today (2026-07-21), Borregaard ASA's stock price is kr161.60. Borregaard ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr1.700. Therefore, Borregaard ASA's PE Ratio (TTM) for today is 95.06.


Borregaard ASA  (OSL:BRG) 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.

Borregaard ASA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=161.60/1.700
=95.06

Borregaard ASA's share price for today is kr161.60.
Borregaard ASA's Earnings per Share (Diluted) 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 kr1.700.

* 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.


Borregaard ASA EV-to-FCF Related Terms


Borregaard ASA EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Borregaard ASA'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.

Borregaard ASA EV-to-FCF Chart

Borregaard ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.98 62.82 21.09 57.28 39.08

Borregaard ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF 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 47.38 42.94 39.08 35.73 18.79

OSL:BRG vs LIN, SHW, ECL: EV-to-FCF Comparison

For the Specialty Chemicals subindustry, Borregaard ASA'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.


Borregaard ASA EV-to-FCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borregaard ASA's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Borregaard ASA's EV-to-FCF falls into.


OSL:BRG
80GF Score
Borregaard ASA OSL:BRG
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Borregaard ASA EV-to-FCF Calculation

Borregaard ASA's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=18264.567/905
=20.18

Borregaard ASA's current Enterprise Value is kr18,265 Mil.
Borregaard 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 kr905 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 20.18 mean?
Borregaard ASA (OSL:BRG) has a EV-to-FCF of 20.18 as of Jul. 21, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Borregaard ASA and its competitors. This is 35% below median its historical median of 30.93. According to the industry distribution chart, Borregaard ASA ranks #439 out of 926 companies in the Chemicals industry, placing it in the top 47.4%.
Is Borregaard ASA's EV-to-FCF too high?
Borregaard ASA's current EV-to-FCF of 20.18 is 35% below median its 10-year median of 30.93. The Chemicals industry median EV-to-FCF is 21.34. Borregaard ASA's value of 20.18 is 5.4% below this industry median. Based on the distribution chart, Borregaard ASA ranks #439 out of 926 companies in the Chemicals industry, which is above the industry midpoint. Overall, Borregaard ASA has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Borregaard ASA's EV-to-FCF compare to LIN and SHW?
According to the Chemicals industry distribution chart, Borregaard ASA ranks #439 out of 926 companies for EV-to-FCF. This puts Borregaard ASA in the upper half of its industry. The industry median EV-to-FCF is 21.34. Borregaard ASA's value of 20.18 is 5.4% below this benchmark. While the company's 10-year median is 30.93 vs. the industry median of 21.34, Borregaard ASA has consistently been below the industry average. 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 a Chemicals company?
The median EV-to-FCF among Chemicals companies is 21.34, based on 926 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. Borregaard ASA's current EV-to-FCF of 20.18 is 5.4% below the industry median. 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 Borregaard ASA and its competitors. For the Chemicals industry, the median EV-to-FCF is 21.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borregaard ASA's current EV-to-FCF is 20.18, which is 35% below median its own 10-year median of 30.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borregaard ASA stock overvalued right now?
Based on GuruFocus' analysis, Borregaard ASA (OSL:BRG) is currently considered Modestly Undervalued. The stock's GF Value™ is kr190.38, compared to a current price of kr161.60 — trading 15.1% below its estimated fair value. The current EV-to-FCF is 20.18, which is 35% below median its 10-year median of 30.93 and 5.4% below the Chemicals industry median of 21.34. Borregaard ASA's overall GF Score™ is 80/100 with 4 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 Borregaard ASA (OSL:BRG), the current EV-to-FCF is 20.18 as of Jul. 21, 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 Borregaard ASA (OSL:BRG) Overvalued in 2026?

Based on GuruFocus' analysis, Borregaard ASA stock appears to be undervalued. The current stock price of kr161.60 is trading 15.1% below its estimated GF Value™ of kr190.38. GuruFocus considers Borregaard ASA to be Modestly Undervalued.

Key valuation signals for OSL:BRG:

  • EV-to-FCF: 20.18 (35% below median its 10-year median of 30.93)
  • GF Value™: kr190.38 vs. price of kr161.60 (15.1% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 5.4% below the Chemicals median (#439 of 926)

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


Borregaard ASA Business Description

Address Hjalmar Wessels vei 6, P.O Box 162, Sarpsborg, NOR, 1701
Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products. The company has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.
80GF Score

Get the complete analysis for OSL:BRG

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

kr161.60
Price
kr190.38
GF Value