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Var Energi ASA (Var Energi ASA) Price-to-Free-Cash-Flow : 20.26 (As of May. 17, 2024)


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What is Var Energi ASA Price-to-Free-Cash-Flow?

As of today (2024-05-17), Var Energi ASA's share price is $6.26. Var Energi ASA's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.31. Hence, Var Energi ASA's Price-to-Free-Cash-Flow Ratio for today is 20.26.

The historical rank and industry rank for Var Energi ASA's Price-to-Free-Cash-Flow or its related term are showing as below:

VARRY' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 2.1   Med: 3.66   Max: 32.86
Current: 20.27

During the past 6 years, Var Energi ASA's highest Price-to-Free-Cash-Flow Ratio was 32.86. The lowest was 2.10. And the median was 3.66.

VARRY's Price-to-Free-Cash-Flow is ranked worse than
75.67% of 600 companies
in the Oil & Gas industry
Industry Median: 10.3 vs VARRY: 20.27

Var Energi ASA's Free Cash Flow per Share for the three months ended in Mar. 2024 was $0.24. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.31.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Var Energi ASA was -83.10% per year.

During the past 6 years, Var Energi ASA's highest 3-Year average Free Cash Flow per Share Growth Rate was 149.60% per year. The lowest was 149.60% per year. And the median was 149.60% per year.


Var Energi ASA Price-to-Free-Cash-Flow Historical Data

The historical data trend for Var Energi ASA's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial - - - 2.76 9.76

Var Energi ASA Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow 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 2.62 8.69 27.89 9.76 22.06

Competitive Comparison of Var Energi ASA's Price-to-Free-Cash-Flow

For the Oil & Gas E&P subindustry, Var Energi ASA's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Var Energi ASA's Price-to-Free-Cash-Flow falls into.



Var Energi ASA Price-to-Free-Cash-Flow Calculation

Var Energi ASA's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=6.26/0.309
=20.26

Var Energi ASA's Share Price of today is $6.26.
Var Energi ASA's Free Cash Flow per Share 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 $0.31.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Var Energi ASA  (OTCPK:VARRY) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Var Energi ASA Price-to-Free-Cash-Flow Related Terms

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


Var Energi ASA (Var Energi ASA) Business Description

Industry
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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