Valuation Equinor ASA

Equities

Market Closed - Oslo Bors Other stock markets 10:45:00 2025-12-12 EST			5-day change	1st Jan Change
232.70 ^NOK	+0.47%		-1.23%	-12.32%

12-12	European Equities Traded in the US as American Depositary Receipts Lower in Friday Trading; Shares Still Up This Week	MT
12-12	Equinor to Renovate HQ in Stavanger, Norway	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	55,166	86,418	113,152	93,843	63,664	57,475	-	-
Change	-	56.65%	30.94%	-17.06%	-32.16%	-9.72%	-	-
Enterprise Value (EV) ¹	74,659	87,285	99,864	86,774	70,303	67,600	71,746	73,105
Change	-	16.91%	14.41%	-13.11%	-18.98%	-3.84%	6.13%	1.89%
P/E ratio	-10x	10.2x	3.95x	8.08x	7.5x	9.82x	8.44x	7.62x
PBR	1.62x	2.23x	2.1x	1.98x	1.55x	1.46x	1.39x	1.31x
PEG	-	-0x	0x	-0.1x	-0.4x	-0.4x	0.5x	0.7x
Capitalization / Revenue	1.2x	0.95x	0.75x	0.88x	0.61x	0.55x	0.59x	0.6x
EV / Revenue	1.63x	0.96x	0.66x	0.81x	0.68x	0.65x	0.74x	0.76x
EV / EBITDA	6.32x	1.92x	1.17x	1.87x	1.72x	1.77x	2.09x	2.13x
EV / EBIT	19x	2.61x	1.33x	2.4x	2.36x	2.41x	2.98x	3.01x
EV / FCF	39.1x	4.2x	3.79x	6.14x	8.86x	11.1x	15.2x	11.7x
FCF Yield	2.56%	23.8%	26.4%	16.3%	11.3%	9%	6.6%	8.53%
Dividend per Share ²	0.41	0.71	2.9	3.4	2.47	1.49	1.568	1.632
Rate of return	2.42%	2.65%	8.12%	10.7%	10.6%	6.5%	6.83%	7.12%
EPS ²	-1.69	2.63	9.03	3.93	3.11	2.337	2.717	3.011
Distribution rate	-24.3%	27%	32.1%	86.5%	79.4%	63.8%	57.7%	54.2%
Net sales ¹	45,818	90,924	150,806	107,174	103,774	103,719	97,577	95,985
EBITDA ¹	11,812	45,382	85,202	46,404	40,762	38,277	34,350	34,394
EBIT ¹	3,938	33,486	74,940	36,220	29,798	28,023	24,104	24,257
Net income ¹	-5,510	8,563	28,746	11,885	8,806	6,527	6,881	7,461
Net Debt ¹	19,493	867	-13,288	-7,069	6,639	10,126	14,271	15,631
Reference price ²	16.95	26.78	35.71	31.77	23.34	22.94	22.94	22.94
Nbr of stocks (in thousands)	3,253,801	3,227,308	3,168,793	2,953,894	2,728,126	2,505,714	-	-
Announcement Date	2/10/21	2/9/22	2/7/23	2/7/24	2/5/25	-	-	-

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
EQUINOR ASA	9.82x	0.65x	1.77x	6.5%	57.47B
ARAMCO	15.63x	3.67x	7.03x	5.53%	1,541B
CHEVRON CORPORATION	21.74x	1.82x	8.2x	4.57%	302B
PETROCHINA COMPANY LIMITED	8.73x	0.61x	3.7x	6.11%	241B
SHELL PLC	11.58x	0.93x	4.41x	4.01%	206B
TOTALENERGIES SE	10.03x	0.95x	4.38x	5.83%	140B
PETROBRAS	3.68x	1.54x	3.18x	10.74%	77.46B
ENI S.P.A	12.15x	0.77x	3.79x	6.57%	56.74B
SUNCOR ENERGY INC.	13x	1.62x	5.16x	3.79%	53.39B
Average	11.82x	1.40x	4.63x	5.96%	297.21B
Weighted average by Cap.	14.49x	2.60x	6.19x	5.53%