EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, HAV Group ASA's Enterprise Value is kr337.9 Mil.
HAV Group ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr-105.1 Mil. Therefore, HAV Group ASA's EV-to-FCF for today is -3.21.
The historical rank and industry rank for HAV Group ASA's EV-to-FCF or its related term are showing as below:
OSL:HAV'
s EV-to-FCF Range Over the Past 10 Years
Min: -26.59 Med: -0.33 Max: 44.71
Current: -3
During the past 9 years, the highest EV-to-FCF of HAV Group ASA was 44.71. The lowest was -26.59. And the median was -0.33.
OSL:HAV's EV-to-FCF is ranked worse than 100% of 670
companies
in the Transportation industry
Industry Median: 14.205
vs OSL:HAV: -3.00
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.
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.
HAV Group ASA's PE Ratio (TTM) for today is calculated as:
HAV Group ASA's share price for today is kr13.50.
HAV Group ASA'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 kr0.330.
* 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.
HAV Group ASA EV-to-FCF Related Terms
HAV Group ASA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for HAV Group 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.
For the Marine Shipping subindustry, HAV Group 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.
HAV Group ASA EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, HAV Group ASA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where HAV Group ASA's EV-to-FCF falls into.
HAV Group ASA's current Enterprise Value is kr337.9 Mil.
HAV Group ASA'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 kr-105.1 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.
HAV Group ASA (OSL:HAV) has a EV-to-FCF of -3.21 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HAV Group ASA and its competitors. According to the industry distribution chart, HAV Group ASA ranks #999999 out of 670 companies in the Transportation industry.
Is HAV Group ASA's EV-to-FCF too high?
HAV Group ASA's current EV-to-FCF is -3.21. Based on the distribution chart, HAV Group ASA ranks #999999 out of 670 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, HAV Group ASA has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HAV Group ASA's EV-to-FCF compare to competitors?
According to the Transportation industry distribution chart, HAV Group ASA ranks #999999 out of 670 companies for EV-to-FCF. This places HAV Group ASA in the lower half of its industry. The industry median EV-to-FCF is 14.21. 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 Transportation company?
The median EV-to-FCF among Transportation companies is 14.21, based on 670 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 HAV Group ASA and its competitors. For the Transportation industry, the median EV-to-FCF is 14.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HAV Group ASA's current EV-to-FCF is -3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAV Group ASA stock overvalued right now?
Based on GuruFocus' analysis, HAV Group ASA (OSL:HAV) is currently considered Fairly Valued. The stock's GF Value™ is kr12.47, compared to a current price of kr13.50 — trading 8.3% above its estimated fair value. The current EV-to-FCF is -3.21. HAV Group ASA's overall GF Score™ is 63/100 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 HAV Group ASA (OSL:HAV), the current EV-to-FCF is -3.21 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 HAV Group ASA (OSL:HAV) Overvalued in 2026?
Based on GuruFocus' analysis, HAV Group ASA stock appears to be overvalued.
The current stock price of kr13.50 is trading 8.3% above its estimated GF Value™ of kr12.47.
GuruFocus considers HAV Group ASA to be Fairly Valued.
Key valuation signals for OSL:HAV:
EV-to-FCF: -3.21
GF Value™: kr12.47 vs. price of kr13.50 (8.3% above fair value)
No single metric tells the full story. See the OSL:HAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HAV Group ASA is a provider of solutions and technology to the marine and maritime industries. The group's vision is to contribute to the green shift through solutions and high-end products for the ocean industries. The Group's main activities are: HAV Design, i.e., providing ship design and system packages for offshore, transport, and fishing vessels; Norwegian Electric Systems, i.e., specializing in design, engineering, and installation of electric systems and delivery of control and automation systems for ships; Norwegian Greentech, i.e., specializing in the delivery of ballast water treatment systems. HAV Hydrogen, i.e., delivers complete and scalable hydrogen systems that are designed for operation in heavy seas. Other/Elimination includes intercompany and the mother company.
63GF Score
Get the complete analysis for OSL:HAV
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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