EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Norske Skog ASA's Enterprise Value is kr8,036 Mil.
Norske Skog ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr-577 Mil. Therefore, Norske Skog ASA's EV-to-FCF for today is -13.93.
The historical rank and industry rank for Norske Skog ASA's EV-to-FCF or its related term are showing as below:
OSL:NSKOG'
s EV-to-FCF Range Over the Past 10 Years
Min: -51.64 Med: -5.24 Max: 17.99
Current: -14.11
During the past 13 years, the highest EV-to-FCF of Norske Skog ASA was 17.99. The lowest was -51.64. And the median was -5.24.
OSL:NSKOG's EV-to-FCF is ranked worse than 100% of 144
companies
in the Forest Products industry
Industry Median: 15.695
vs OSL:NSKOG: -14.11
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.
Norske Skog ASA's PE Ratio (TTM) for today is calculated as:
Norske Skog ASA's share price for today is kr41.65.
Norske Skog 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 kr4.000.
* 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.
Norske Skog ASA EV-to-FCF Related Terms
Norske Skog ASA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Norske Skog 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 Paper & Paper Products subindustry, Norske Skog 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.
Norske Skog ASA EV-to-FCF vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Norske Skog ASA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Norske Skog ASA's EV-to-FCF falls into.
Norske Skog ASA's current Enterprise Value is kr8,036 Mil.
Norske Skog 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-577 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.
Norske Skog ASA (OSL:NSKOG) has a EV-to-FCF of -13.93 as of Jul. 08, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Norske Skog ASA and its competitors. According to the industry distribution chart, Norske Skog ASA ranks #999999 out of 144 companies in the Forest Products industry.
Is Norske Skog ASA's EV-to-FCF too high?
Norske Skog ASA's current EV-to-FCF is -13.93. Based on the distribution chart, Norske Skog ASA ranks #999999 out of 144 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Norske Skog ASA has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norske Skog ASA's EV-to-FCF compare to SLVM?
According to the Forest Products industry distribution chart, Norske Skog ASA ranks #999999 out of 144 companies for EV-to-FCF. This places Norske Skog ASA in the lower half of its industry. The industry median EV-to-FCF is 15.70. 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 Forest Products company?
The median EV-to-FCF among Forest Products companies is 15.70, based on 144 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 Norske Skog ASA and its competitors. For the Forest Products industry, the median EV-to-FCF is 15.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norske Skog ASA's current EV-to-FCF is -13.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norske Skog ASA stock overvalued right now?
Based on GuruFocus' analysis, Norske Skog ASA (OSL:NSKOG) is currently considered Modestly Overvalued. The stock's GF Value™ is kr33.47, compared to a current price of kr41.65 — trading 24.4% above its estimated fair value. The current EV-to-FCF is -13.93. Norske Skog ASA's overall GF Score™ is 73/100 with 12 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 Norske Skog ASA (OSL:NSKOG), the current EV-to-FCF is -13.93 as of Jul. 08, 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 Norske Skog ASA (OSL:NSKOG) Overvalued in 2026?
Based on GuruFocus' analysis, Norske Skog ASA stock appears to be overvalued.
The current stock price of kr41.65 is trading 24.4% above its estimated GF Value™ of kr33.47.
GuruFocus considers Norske Skog ASA to be Modestly Overvalued.
Key valuation signals for OSL:NSKOG:
EV-to-FCF: -13.93
GF Value™: kr33.47 vs. price of kr41.65 (24.4% above fair value)
No single metric tells the full story. See the OSL:NSKOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norske Skog ASA is a European company focused on the production of publication and packaging paper. The publication paper includes the production and sale of newsprint and magazine paper under the NOR brands. Packaging paper includes the production and sale of recycled containerboard under the Strato brand. Its product portfolio includes publication paper, recycled packaging paper, energy, and bioproducts. The company's core bioproducts are the nanocellulose product CEBINA and the bio-composite product CEBICO. Its reportable segments are Publication paper, Packaging paper, and Other activities. The majority of revenue is derived from the Publication paper segment. Geographically, the company generates the maximum revenue from Europe.
73GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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