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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Obsidian Energy's Enterprise Value is C$1,139.9 Mil.
Obsidian Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$-68.0 Mil. Therefore, Obsidian Energy's EV-to-FCF for today is -16.76.
The historical rank and industry rank for Obsidian Energy's EV-to-FCF or its related term are showing as below:
TSX:OBE'
s EV-to-FCF Range Over the Past 10 Years
Min: -880.12 Med: -7.33 Max: 45.13
Current: -16.76
During the past 13 years, the highest EV-to-FCF of Obsidian Energy was 45.13. The lowest was -880.12. And the median was -7.33.
TSX:OBE's EV-to-FCF is ranked worse than 100% of 580
companies
in the Oil & Gas industry
Industry Median: 15.64
vs TSX:OBE: -16.76
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.
Obsidian Energy's PE Ratio (TTM) for today is calculated as:
Obsidian Energy's share price for today is C$13.13.
Obsidian Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.010.
* 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.
Obsidian Energy EV-to-FCF Related Terms
Obsidian Energy EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Obsidian Energy'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 E&P subindustry, Obsidian Energy'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.
Obsidian Energy EV-to-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Obsidian Energy's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Obsidian Energy's EV-to-FCF falls into.
Obsidian Energy's current Enterprise Value is C$1,139.9 Mil.
Obsidian Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-68.0 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.
Obsidian Energy (TSX:OBE) has a EV-to-FCF of -16.76 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Obsidian Energy and its competitors. According to the industry distribution chart, Obsidian Energy ranks #999999 out of 580 companies in the Oil & Gas industry.
Is Obsidian Energy's EV-to-FCF too high?
Obsidian Energy's current EV-to-FCF is -16.76. Based on the distribution chart, Obsidian Energy ranks #999999 out of 580 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Obsidian Energy has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Obsidian Energy's EV-to-FCF compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Obsidian Energy ranks #999999 out of 580 companies for EV-to-FCF. This places Obsidian Energy in the lower half of its industry. The industry median EV-to-FCF is 15.64. 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 15.64, 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. 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 Obsidian Energy and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Obsidian Energy's current EV-to-FCF is -16.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obsidian Energy stock overvalued right now?
Based on GuruFocus' analysis, Obsidian Energy (TSX:OBE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$6.90, compared to a current price of C$13.13 — trading 90.3% above its estimated fair value. The current EV-to-FCF is -16.76. Obsidian Energy's overall GF Score™ is 49/100 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 Obsidian Energy (TSX:OBE), the current EV-to-FCF is -16.76 as of Jul. 15, 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 Obsidian Energy (TSX:OBE) Overvalued in 2026?
Based on GuruFocus' analysis, Obsidian Energy stock appears to be overvalued.
The current stock price of C$13.13 is trading 90.3% above its estimated GF Value™ of C$6.90.
GuruFocus considers Obsidian Energy to be Significantly Overvalued.
Key valuation signals for TSX:OBE:
EV-to-FCF: -16.76
GF Value™: C$6.90 vs. price of C$13.13 (90.3% above fair value)
No single metric tells the full story. See the TSX:OBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Obsidian Energy Ltd is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development, and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Sale of Oil.
49GF Score
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