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Var Energi ASA (Var Energi ASA) EV-to-FCF : 33.56 (As of May. 21, 2024)


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What is Var Energi ASA EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Var Energi ASA's Enterprise Value is $12,265 Mil. Var Energi ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was $365 Mil. Therefore, Var Energi ASA's EV-to-FCF for today is 33.56.

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

VARRY' s EV-to-FCF Range Over the Past 10 Years
Min: 2.88   Med: 4.69   Max: 48.58
Current: 34.36

During the past 6 years, the highest EV-to-FCF of Var Energi ASA was 48.58. The lowest was 2.88. And the median was 4.69.

VARRY's EV-to-FCF is ranked worse than
82.36% of 618 companies
in the Oil & Gas industry
Industry Median: 13.485 vs VARRY: 34.36

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 to determine the fair market value of a company.

As of today (2024-05-21), Var Energi ASA's stock price is $6.26. Var Energi ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $0.420. Therefore, Var Energi ASA's PE Ratio for today is 14.90.


Var Energi ASA EV-to-FCF Historical Data

The historical data trend for Var Energi 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.

* Premium members only.

Var Energi ASA EV-to-FCF Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial - - - 3.64 13.02

Var Energi ASA Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.87 12.88 45.03 13.02 34.19

Competitive Comparison of Var Energi ASA's EV-to-FCF

For the Oil & Gas E&P subindustry, Var Energi 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.


Var Energi ASA's EV-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's EV-to-FCF distribution charts can be found below:

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



Var Energi ASA EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=12264.581/365.472
=33.56

Var Energi ASA's current Enterprise Value is $12,265 Mil.
Var Energi ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $365 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.


Var Energi ASA  (OTCPK:VARRY) 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 to determine the fair market value of a company.

Var Energi ASA's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.26/0.420
=14.90

Var Energi ASA's share price for today is $6.26.
Var Energi ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.420.

* 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.


Var Energi ASA EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Var Energi ASA's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Var Energi ASA (Var Energi ASA) Business Description

Traded in Other Exchanges
Address
Vestre Svanholmen 1, Sandnes, NOR, 4313
Var Energi ASA independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. Revenues are mainly related to the sale of oil, gas, and NGL.

Var Energi ASA (Var Energi ASA) Headlines

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