Valuation Equinor ASA

Equities

Market Closed - Oslo Bors Other stock markets 10:45:00 2025-02-06 EST			5-day change	1st Jan Change
262.75 ^NOK	-1.35%		-2.90%	-1.00%

02-06	Oil executives call for cautious return to Red Sea navigation	RE
02-06	UK PM Starmer signals he will not block Rosebank oil and gas project	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	65,927	55,166	86,418	113,152	93,843	63,796	63,796	-
Change	-	-16.32%	56.65%	30.94%	-17.06%	-32.02%	0%	-
Enterprise Value (EV) ¹	82,356	74,659	87,285	99,864	86,774	70,303	72,313	74,987
Change	-	-9.35%	16.91%	14.41%	-13.11%	-18.98%	7.07%	3.7%
P/E ratio	36.3x	-10x	10.2x	3.95x	8.08x	7.5x	7.34x	7.08x
PBR	1.61x	1.62x	2.23x	2.1x	1.98x	1.55x	1.46x	1.33x
PEG	-	0x	-0x	0x	-0.1x	-0.4x	5.08x	1.94x
Capitalization / Revenue	1.02x	1.2x	0.95x	0.75x	0.88x	0.61x	0.62x	0.65x
EV / Revenue	1.28x	1.63x	0.96x	0.66x	0.81x	0.68x	0.7x	0.76x
EV / EBITDA	3.66x	6.32x	1.92x	1.17x	1.87x	1.72x	1.81x	1.99x
EV / EBIT	6.11x	19x	2.61x	1.33x	2.4x	2.36x	2.38x	2.71x
EV / FCF	23.2x	39.1x	4.2x	3.79x	6.14x	8.86x	10.8x	14.5x
FCF Yield	4.3%	2.56%	23.8%	26.4%	16.3%	11.3%	9.27%	6.9%
Dividend per Share ²	1.05	0.41	0.71	2.9	3.4	2.47	1.497	1.553
Rate of return	5.25%	2.42%	2.65%	8.12%	10.7%	10.6%	6.39%	6.63%
EPS ²	0.55	-1.69	2.63	9.03	3.93	3.11	3.193	3.31
Distribution rate	191%	-24.3%	27%	32.1%	86.5%	79.4%	46.9%	46.9%
Net sales ¹	64,357	45,818	90,924	150,806	107,174	103,774	103,502	98,142
EBITDA ¹	22,503	11,812	45,382	85,202	46,404	40,762	40,037	37,708
EBIT ¹	13,484	3,938	33,486	74,940	36,220	29,798	30,396	27,673
Net income ¹	1,843	-5,510	8,563	28,746	11,885	8,806	8,385	8,283
Net Debt ¹	16,429	19,493	867	-13,288	-7,069	6,639	8,517	11,191
Reference price ²	19.98	16.95	26.78	35.71	31.77	23.44	23.44	23.44
Nbr of stocks (in thousands)	3,299,021	3,253,801	3,227,308	3,168,793	2,953,894	2,722,115	2,722,115	-
Announcement Date	2/6/20	2/10/21	2/9/22	2/7/23	2/7/24	2/5/25	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Yield (Y)	Capi.($)
EQUINOR ASA	7.55x	0.67x	1.73x	10.99%	64.67B
ARAMCO	16.66x	3.83x	7.59x	6.6%	1,787B
CHEVRON CORPORATION	15.23x	1.49x	6.62x	4.25%	275B
SHELL PLC	10.81x	0.83x	3.78x	4.21%	202B
PETROCHINA COMPANY LIMITED	6.23x	0.46x	2.9x	8.11%	198B
PETROBRAS	5.54x	1.49x	3.01x	19.09%	85.21B
SUNCOR ENERGY INC.	10.57x	1.53x	4.6x	4%	48.82B
ENI S.P.A	9.76x	0.68x	3.22x	7.26%	44.1B
Average	10.30x	1.37x	4.18x	percentage-no-prefix	338.18B
Weighted average by Cap.	14.53x	2.88x	6.45x	percentage-no-prefix