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Var Energi ASA VARo

Morningstar Rating
NOK 36.54 +1.37 (3.90%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

VARo is trading at a 6% discount.
Price
NOK 35.27
Fair Value
NOK 82.94
Uncertainty
High
1-Star Price
NOK 97.26
5-Star Price
NOK 61.42
Economic Moat
Nslf
Capital Allocation
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News

Trading Information

Previous Close Price
NOK 35.17
Day Range
NOK 36.0036.54
52-Week Range
NOK 24.6539.44
Bid/Ask
NOK 35.51 / NOK 40.00
Market Cap
NOK 91.22 Bil
Volume/Avg
603 / 21,820

Key Statistics

Price/Earnings (Normalized)
7.39
Price/Sales
1.25
Dividend Yield (Trailing)
12.21%
Dividend Yield (Forward)
12.12%
Total Yield
12.53%

Company Profile

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.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Mid Value
Total Number of Employees
1,300

Comparables

Valuation

Metric
VARo
OKEA
PEN
Price/Earnings (Normalized)
7.392.678.87
Price/Book Value
5.013.951.25
Price/Sales
1.250.331.28
Price/Cash Flow
3.000.673.54
Price/Earnings
VARo
OKEA
PEN

Financial Strength

Metric
VARo
OKEA
PEN
Quick Ratio
0.540.630.51
Current Ratio
0.680.820.95
Interest Coverage
1,825.093.977.40
Quick Ratio
VARo
OKEA
PEN

Profitability

Metric
VARo
OKEA
PEN
Return on Assets (Normalized)
5.96%7.41%6.99%
Return on Equity (Normalized)
82.18%65.54%18.87%
Return on Invested Capital (Normalized)
23.44%31.76%16.12%
Return on Assets
VARo
OKEA
PEN
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Oil & Gas E&P Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
COP
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PXD
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OXY
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HES
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FANG
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DVN
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MRO
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APA
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AR
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