Var Energi ASAOSL:VAR -1.43%80 FCF Margin % is 17.87% as of Mar. 2026, which is 65% above its 10-year median of 10.84. GuruFocus rates OSL:VAR with a GF Score™ of 80/100 and a GF Value™ of kr44.78 (Fairly Valued). The stock has 4 warning signs investors should review. Among 907 Oil & Gas companies, Var Energi ASA ranks better than 78.5% on this metric.
The historical rank and industry rank for Var Energi ASA's FCF Margin % or its related term are showing as below:
OSL:VAR'
s FCF Margin % Range Over the Past 10 Years
Min: -5.92 Med: 10.84 Max: 31.85
Current: 16.47
During the past 8 years, the highest FCF Margin % of Var Energi ASA was 31.85%. The lowest was -5.92%. And the median was 10.84%.
OSL:VAR's FCF Margin % is ranked better than 78.5% of 907
companies
in the Oil & Gas industry
Industry Median: 3.38
vs OSL:VAR: 16.47
Var Energi ASA FCF Margin % Related Terms
Var Energi ASA FCF Margin % Historical Data
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The historical data trend for Var Energi ASA's FCF Margin % 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.
OSL:VAR vs COP, EOG, FANG: FCF Margin % Comparison
For the Oil & Gas E&P subindustry, Var Energi ASA's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Var Energi ASA's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Var Energi ASA's FCF Margin % falls into.
* 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 (OSL:VAR) has a FCF Margin % of 17.87% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Var Energi ASA and its competitors. This is 65% above median its historical median of 10.84. According to the industry distribution chart, Var Energi ASA ranks #195 out of 907 companies in the Oil & Gas industry, placing it in the top 21.5%.
Is Var Energi ASA's FCF Margin % too high?
Var Energi ASA's current FCF Margin % of 17.87% is 65% above median its 10-year median of 10.84. The Oil & Gas industry median FCF Margin % is 3.38. Var Energi ASA's value of 17.87% is 428.7% above this industry median. Based on the distribution chart, Var Energi ASA ranks #195 out of 907 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Var Energi ASA has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Var Energi ASA's FCF Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Var Energi ASA ranks #195 out of 907 companies for FCF Margin %. This places Var Energi ASA in the top 22% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.38. Var Energi ASA's value of 17.87% is 428.7% above this benchmark. While the company's 10-year median is 10.84 vs. the industry median of 3.38, Var Energi ASA has consistently been above 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 FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.38, based on 907 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Var Energi ASA's current FCF Margin % of 17.87% is 428.7% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Var Energi ASA and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Var Energi ASA's current FCF Margin % is 17.87%, which is 65% above median its own 10-year median of 10.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Var Energi ASA stock overvalued right now?
Based on GuruFocus' analysis, Var Energi ASA (OSL:VAR) is currently considered Fairly Valued. The stock's GF Value™ is kr44.78, compared to a current price of kr42.06 — trading 6.1% below its estimated fair value. The current FCF Margin % is 17.87%, which is 65% above median its 10-year median of 10.84 and 428.7% above the Oil & Gas industry median of 3.38. Var Energi ASA's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Var Energi ASA (OSL:VAR), the current FCF Margin % is 17.87% as of Mar. 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 Var Energi ASA (OSL:VAR) Overvalued in 2026?
Based on GuruFocus' analysis, Var Energi ASA stock appears to be undervalued.
The current stock price of kr42.06 is trading 6.1% below its estimated GF Value™ of kr44.78.
GuruFocus considers Var Energi ASA to be Fairly Valued.
Key valuation signals for OSL:VAR:
FCF Margin %: 17.87% (65% above median its 10-year median of 10.84)
GF Value™: kr44.78 vs. price of kr42.06 (6.1% below fair value)
Industry Position: 428.7% above the Oil & Gas median (#195 of 907)
No single metric tells the full story. See the OSL:VAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Var Energi ASA is an 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. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL. Var Energi is the operator of the following producing fields: Goliat (Barents Sea), Fenja (Norwegian Sea), Gjoa, Duva, Balder, and Ringhorne (North Sea).
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