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NorAm Drilling ASSTU:TM9 +1.86%76 EV-to-FCF is 12.26 as of Sep. 17, 2026, which is 94% above its 10-year median of 6.33. GuruFocus rates STU:TM9 with a GF Score™ of 76/100 and a GF Value™ of €3.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 580 Oil & Gas companies, NorAm Drilling AS ranks better than 62.07% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NorAm Drilling AS's Enterprise Value is €182.62 Mil.
NorAm Drilling AS's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €14.90 Mil. Therefore, NorAm Drilling AS's EV-to-FCF for today is 12.26.
The historical rank and industry rank for NorAm Drilling AS's EV-to-FCF or its related term are showing as below:
STU:TM9'
s EV-to-FCF Range Over the Past 10 Years
Min: 3.03 Med: 6.33 Max: 37.88
Current: 11.45
During the past 7 years, the highest EV-to-FCF of NorAm Drilling AS was 37.88. The lowest was 3.03. And the median was 6.33.
STU:TM9's EV-to-FCF is ranked better than 62.07% of 580
companies
in the Oil & Gas industry
Industry Median: 14.89
vs STU:TM9: 11.45
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.
NorAm Drilling AS's PE Ratio (TTM) for today is calculated as:
NorAm Drilling AS's share price for today is €4.37.
NorAm Drilling AS'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 €0.253.
* 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.
NorAm Drilling AS EV-to-FCF Related Terms
NorAm Drilling AS EV-to-FCF Historical Data
* Premium members only.
The historical data trend for NorAm 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 Equipment & Services subindustry, NorAm 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.
NorAm Drilling AS EV-to-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NorAm Drilling AS's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where NorAm Drilling AS's EV-to-FCF falls into.
NorAm Drilling AS's current Enterprise Value is €182.62 Mil.
NorAm Drilling AS'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 €14.90 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.
NorAm Drilling AS (STU:TM9) has a EV-to-FCF of 12.26 as of Sep. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NorAm Drilling AS and its competitors. This is 94% above median its historical median of 6.33. Over the past decade, NorAm Drilling AS's EV-to-FCF has ranged from 3.03 to 37.88. According to the industry distribution chart, NorAm Drilling AS ranks #220 out of 580 companies in the Oil & Gas industry, placing it in the top 37.9%.
Is NorAm Drilling AS's EV-to-FCF too high?
NorAm Drilling AS's current EV-to-FCF of 12.26 is 94% above median its 10-year median of 6.33. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 37.88. The Oil & Gas industry median EV-to-FCF is 14.89. NorAm Drilling AS's value of 12.26 is 17.7% below this industry median. Based on the distribution chart, NorAm Drilling AS ranks #220 out of 580 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, NorAm Drilling AS has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's EV-to-FCF compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NorAm Drilling AS ranks #220 out of 580 companies for EV-to-FCF. This puts NorAm Drilling AS in the upper half of its industry. The industry median EV-to-FCF is 14.89. NorAm Drilling AS's value of 12.26 is 17.7% below this benchmark. Historically, NorAm Drilling AS's own EV-to-FCF has ranged from 3.03 to 37.88 over the past decade. While the company's 10-year median is 6.33 vs. the industry median of 14.89, NorAm Drilling AS 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 an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 14.89, based on 580 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. NorAm Drilling AS's current EV-to-FCF of 12.26 is 17.7% 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 NorAm Drilling AS and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 14.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorAm Drilling AS's current EV-to-FCF is 12.26, which is 94% above median its own 10-year median of 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorAm Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, NorAm Drilling AS (STU:TM9) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.09, compared to a current price of €4.37 — trading 41.4% above its estimated fair value. The current EV-to-FCF is 12.26, which is 94% above median its 10-year median of 6.33 and 17.7% below the Oil & Gas industry median of 14.89. NorAm Drilling AS's overall GF Score™ is 76/100 with 3 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 NorAm Drilling AS (STU:TM9), the current EV-to-FCF is 12.26 as of Sep. 17, 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 NorAm Drilling AS (STU:TM9) Overvalued in 2026?
Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued.
The current stock price of €4.37 is trading 41.4% above its estimated GF Value™ of €3.09.
GuruFocus considers NorAm Drilling AS to be Significantly Overvalued.
Key valuation signals for STU:TM9:
EV-to-FCF: 12.26 (94% above median its 10-year median of 6.33)
GF Value™: €3.09 vs. price of €4.37 (41.4% above fair value)
Industry Position: 17.7% below the Oil & Gas median (#220 of 580)
No single metric tells the full story. See the STU:TM9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NorAm Drilling AS owns and operates a quality rig portfolio of super spec developed high-end AC driven rigs tailored for the drilling of horizontal wells in the USA land drilling market. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. The group's operating segments are NorAm Drilling Company, which derives maximum revenue, and NorAm Drilling AS.
76GF Score
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