Valuation Var Energi

Stocks

Market Closed - Oslo Bors Other stock markets 08:15:00 13/07/2026 pm IST			5-day change	1st Jan Change
43.33 ^NOK	+3.02%		+6.02%	+31.30%

10/07	Nordea cuts its target price for Var Energi to 50 Norwegian kroner (52), reiterates buy	FW
09/07	Vår Energi ASA Reports Sales Volumes for the Second Quarter and First Half of 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	8,515	7,917	7,746	8,208	11,060	-	-
Change	-	-7.02%	-2.16%	5.97%	34.74%	-	-
Enterprise Value (EV) ¹	11,023	10,329	12,550	13,466	14,819	15,085	15,098
Change	-	-6.3%	21.5%	7.31%	10.04%	1.8%	0.08%
P/E	8.98x	13.2x	28.2x	10.6x	6.73x	10.2x	11.3x
PBR	5.67x	4.48x	9.3x	14.7x	8.7x	8.76x	8.77x
PEG	-	-0.4x	-0.5x	0x	0x	-0.3x	-1.15x
Capitalization / Revenue	0.87x	1.16x	1.04x	1.01x	0.89x	1.09x	1.18x
EV / Revenue	1.12x	1.51x	1.68x	1.66x	1.19x	1.49x	1.61x
EV / EBITDA	1.41x	1.89x	2.2x	2.12x	1.4x	1.81x	2.01x
EV / EBIT	1.73x	2.55x	3.31x	3.22x	2.02x	2.9x	3.23x
EV / FCF	3.48x	13.3x	23.5x	8.06x	4.49x	11.8x	11x
FCF Yield	28.7%	7.54%	4.25%	12.4%	22.3%	8.51%	9.1%
Dividend per Share ²	0.31	0.44	0.43	0.47	0.4831	0.4224	0.4059
Rate of return	9.09%	13.9%	13.9%	14.3%	10.9%	9.53%	9.16%
EPS ²	0.38	0.24	0.11	0.31	0.658	0.4361	0.3931
Distribution rate	81.6%	183%	391%	152%	73.4%	96.9%	103%
Net sales ¹	9,828	6,850	7,450	8,096	12,493	10,138	9,388
EBITDA ¹	7,817	5,466	5,710	6,344	10,566	8,318	7,523
EBIT ¹	6,369	4,043	3,790	4,185	7,346	5,204	4,673
Net income ¹	936.4	610.2	311.5	785.2	1,648	1,097	980
Net Debt ¹	2,508	2,412	4,803	5,258	3,759	4,025	4,038
Reference price ²	3.411	3.172	3.103	3.288	4.430	4.430	4.430
Nbr of stocks (in thousands)	24,96,406	24,96,406	24,96,406	24,96,406	24,96,406	-	-
Announcement Date	16/02/23	13/02/24	10/02/25	10/02/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
VAR ENERGI	6.55x	1.16x	1.37x	11.21%	1.08TCr
ENERGEAN PLC	4.22x	2.97x	4.54x	9.22%	180.96Cr
VALEURA ENERGY INC.	7.22x	0.69x	1.24x	-	81Cr
SABLE OFFSHORE CORP.	-313.6x	-	-	-	75Cr
OKEA ASA	2.63x	0.18x	0.26x	2.5%	33Cr
ECO (ATLANTIC) OIL & GAS LTD.	-53.69x	-	-48.24x	-.--%	26Cr
Average	-57.78x	1.25x	-8.16x	5.73%	245.13Cr
Weighted average by Cap.	-11.20x	1.35x	0.84x	10.5%