Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). NorAm Drilling AS's share price for the quarter that ended in Mar. 2026 was kr47.85. NorAm Drilling AS's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 43 Mil. Therefore, NorAm Drilling AS's market cap for the quarter that ended in Mar. 2026 was kr2,075 Mil.
NorAm Drilling AS's quarterly market cap
increased
from Sep. 2025 (kr1,178 Mil) to Dec. 2025 (kr1,429 Mil) and
increased
from Dec. 2025 (kr1,429 Mil) to Mar. 2026 (kr2,075 Mil).
NorAm Drilling AS's annual market cap
declined
from Dec. 2023 (kr1,769 Mil) to Dec. 2024 (kr1,449 Mil) and
declined
from Dec. 2024 (kr1,449 Mil) to Dec. 2025 (kr1,429 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. NorAm Drilling AS's Enterprise Value for Today is kr1,627 Mil.
NorAm Drilling AS (OSL:NORAM) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
NorAm Drilling AS Market Cap Related Terms
NorAm Drilling AS Market Cap Historical Data
* Premium members only.
The historical data trend for NorAm Drilling AS's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NorAm Drilling AS's Market Cap distribution charts can be found below:
* The bar in red indicates where NorAm Drilling AS's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
NorAm Drilling AS's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (OSL:NORAM) has a Market Cap of kr1,728 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NorAm Drilling AS and its competitors. According to the industry distribution chart, NorAm Drilling AS ranks #535 out of 1043 companies in the Oil & Gas industry, placing it in the top 51.3%.
Is NorAm Drilling AS's Market Cap too high?
NorAm Drilling AS's current Market Cap is kr1,728 Mil. Based on the distribution chart, NorAm Drilling AS ranks #535 out of 1043 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, NorAm Drilling AS has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's Market Cap compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NorAm Drilling AS ranks #535 out of 1043 companies for Market Cap. This places NorAm Drilling AS in the lower half of its industry. The industry median Market Cap is 208.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 208.26, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NorAm Drilling AS and its competitors. For the Oil & Gas industry, the median Market Cap is 208.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorAm Drilling AS's current Market Cap is kr1,728 Mil. 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 (OSL:NORAM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr33.21, compared to a current price of kr39.85 — trading 20% above its estimated fair value. The current Market Cap is kr1,728 Mil. NorAm Drilling AS's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current Market Cap is kr1,728 Mil as of Jun. 24, 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 (OSL:NORAM) Overvalued in 2026?
Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued.
The current stock price of kr39.85 is trading 20% above its estimated GF Value™ of kr33.21.
GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.
Key valuation signals for OSL:NORAM:
Market Cap: kr1,728 Mil
GF Value™: kr33.21 vs. price of kr39.85 (20% above fair value)
No single metric tells the full story. See the OSL:NORAM 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.
90GF Score
Get the complete analysis for OSL:NORAM
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:NORAM has been successfully added to your 
