LON/0AAY (LON/0AAY)

London Stock Exchange: LON/0AAY · NOK

NOK 58.1

-0.20 (-0.3%)· Recorded snapshot

Market cap	11.7B
Revenue (ttm)	9.1B
Net income (ttm)	1.1B
EPS (ttm)	NOK 0.45
P/E (trailing)	10.4x
P/E (forward)	10.2x
Dividend	NOK 0.39 (8.36%)
Volume	2,271,085
Beta	-0.48

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 9.1B
Net income (ttm): 1.1B
EPS (ttm): NOK 0.45
P/E (trailing): 10.4x
P/E (forward): 10.2x
Market cap: 11.7B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E10.2

P25 n/aP50 n/aP75 n/a

Trailing P/E10.4

P25 n/aP50 n/aP75 n/a

ROE112.4

P25 n/aP50 n/aP75 n/a

ROIC31.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All LON/0AAY indicators

Market & fundamental data

Available fields

231

Groups with data

Currency

USD

Showing 231 of 231 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	GBP
Country	Norway
Country code	UK
Earnings date	2026-10-21
Employees	1,433
Employees change	29
Employees growth	2.07%
Enterprise value	NOK 14.3B
Exchange	London Stock Exchange
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1965
Industry	Oil & Gas Exploration & Production
Is primary listing	No
ISIN number	NO0011202772
Last earnings date	2026-10-21
Last refreshed	2026-10-28
Market cap	NOK 11.7B
Next earnings date	2027-03-19
Price	NOK 58.10
Price currency	NOK
Sector	Energy
SIC code	1311
Stock price date	2026-10-28
Symbol	lon/0AAY
Website	https://varenergi.no

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (3Y)	14.47x
Average P/E ratio (5Y)	12.79x
Earnings yield	9.6%
EV/Earnings	13.04x
EV/EBIT	2.48x
EV/EBITDA	1.8x
EV/FCF	5.79x
EV/Sales	1.53x
FCF / EV yield	17.26%
FCF yield	21.04%
Forward P/E	10.18x
Graham number	29.78034
Graham upside	-49.19%
Industry forward P/E	11.34x
Industry P/E	45.65x
Lynch fair value	NOK 79.35
Lynch upside	35.39%
P/B ratio	8.15x
P/E ratio	10.42x
P/FCF ratio	4.75x
P/OCF ratio	2.62x
P/S ratio	1.28x
Price/EBITDA ratio	1.53x
Sector forward P/E	7.82x
Sector P/E	14.34x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	61.43%
EBITDA margin	84.14%
Effective tax rate	77.01%
FCF margin	27.05%
Gross margin	88.56%
Operating margin	61.43%
Pretax margin	55.34%
Profit margin	12.72%
Profit per employee	NOK 764,741
Profitable quarters	7
Profitable years	5
Revenue per employee	NOK 6.4M
ROA	15.72%
ROA (5Y)	12.82%
ROCE	27.71%
ROE	112.37%
ROE (5Y)	57.12%
ROIC	31.63%
ROIC (5Y)	13.29%
Tax / revenue	42.62%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	150.37%
EPS growth (Q)	104.9%
EPS growth (QoQ)	-66.14%
EPS growth 3Y	14.55%
EPS growth quarters	2
EPS growth years	1
FCF growth	252.99%
FCF growth (Q)	55.99%
FCF growth (QoQ)	-44.55%
FCF growth 3Y	143.59%
FCF growth 5Y	10.64%
Gross profit growth	72.37%
Gross profit growth (Q)	71.53%
Gross profit growth 3Y	18.54%
Gross profit growth 5Y	24.21%
Net income growth	138.57%
Net income growth (Q)	100.2%
Net income growth (QoQ)	-66.14%
Net income growth 3Y	14.48%
Net income growth quarters	2
Net income growth years	1
OCF growth	60.39%
OCF growth (Q)	22.99%
OCF growth (QoQ)	-26.86%
OCF growth 3Y	25.45%
OCF growth 5Y	6.09%
Operating income growth	133.49%
Operating income growth (Q)	165.67%
Operating income growth 3Y	20.78%
Operating income growth 5Y	36.63%
Revenue growth	62.94%
Revenue growth (Q)	68.61%
Revenue growth (QoQ)	-3.74%
Revenue growth 3Y	17.39%
Revenue growth 5Y	21.63%
Revenue growth quarters	5
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	NOK -2B
Depreciation and amortization	NOK 2.1B
EBIT	NOK 5.6B
EBITDA	NOK 7.7B
EPS	NOK 0.45
Financing cash flow	NOK 771.5M
Free cash flow	NOK 2.5B
Gross profit	NOK 8.1B
Income taxes	NOK 3.9B
Investing cash flow	NOK -2.3B
Net borrowing	NOK 1.4B
Net cash flow	NOK 2.9B
Net income	NOK 1.1B
Operating income	NOK 5.6B
Revenue	NOK 9.1B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	NOK 0.05
Debt / EBITDA	0.79
Debt / equity	4.23
Debt / FCF	2.47
Goodwill	NOK 2.8B
Interest coverage	24.84
Long-term assets	NOK 18.9B
Long-term liabilities	NOK 18.8B
Net cash (debt)	NOK -2.5B
Net cash / market cap	-21.35%
Net debt / EBITDA	0.33
Net debt / equity	1.74
Net debt / FCF	1.01
Piotroski F-Score	7
Property, plant and equipment	NOK 15.6B
Shareholders' equity	NOK 1.4B
Tangible book value	NOK -1.8B
Tangible book value per share	NOK -1.26
Total assets	NOK 24.5B
Total cash	NOK 3.6B
Total debt	NOK 6.1B
Total liabilities	NOK 23.1B
WACC	1.36%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.41
Current assets	NOK 5.6B
Current liabilities	NOK 4.3B
Current ratio	1.31
Inventory turnover	3.79
Net working capital	NOK -2B
Quick ratio	1.04
Working capital	NOK 1.3B
Working capital turnover	19.11

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Dividend growth	3.09%
Dividend growth (3Y)	2.6%
Dividend growth years	3
Dividend payment date	2026-11-25
Dividend payment years	5
Dividend payout frequency	Quarterly
Dividend per share	NOK 0.39
Dividend yield	8.36%
Ex-dividend date	2026-11-17
Last dividend	NOK 1.37
Payout ratio	86.31%
Shareholder yield	8.31%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	NOK 47.95
1D price change	-0.34%
1M price change	13.93%
1M total return	13.93%
1W price change	3.3%
1W total return	3.3%
1Y price change	73.35%
1Y return CAGR	95.95%
1Y total return	95.86%
20-day SMA	NOK 54.29
200-day SMA	NOK 45.22
3M price change	20.67%
3M total return	23.92%
3Y price change	58.97%
3Y return CAGR	33.52%
3Y total return	138.05%
50-day SMA	NOK 52.48
50-day SMA vs 200-day SMA	50over200
52-week high	NOK 59.14
52-week high date	2026-10-27
52-week low	NOK 31.06
52-week low date	2025-11-25
6M price change	27.48%
6M total return	34.09%
All-time high	NOK 59.14
All-time high date	2026-10-27
All-time low	NOK 24.49
All-time low date	2023-05-31
Average true range (ATR)	NOK 1.44
Average volume	672.3K
Beta (5Y)	-0.48
Change from 52-week high	-1.76%
Change from 52-week low	87.06%
Change from all-time high	-1.42%
Change from all-time low	138.06%
Change from open	-0.31%
Day's gap	-0.03%
Dollar volume	NOK 132M
High price	NOK 58.54
Low price	NOK 57.82
Monthly RSI	71.38
Open price	NOK 58.28
Position in 52-week range	39.31%
Previous close	NOK 58.30
Price vs 150-day SMA	21.58%
Price vs 20-day SMA	7.38%
Price vs 200-day SMA	28.93%
Price vs 50-day SMA	11.09%
Relative volume	3.38
RSI	69.67
Sharpe ratio	1.96
Sharpe ratio (3Y)	0.94
Sortino ratio	3.2
Sortino ratio (3Y)	1.55
Volume	2.3M
Weekly RSI	69.89
YTD price change	76.75%
YTD total return	92.78%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	903.8M
Shares change (QoQ)	0%
Shares held by insiders	0.76%
Shares held by institutions	19.86%

Deeper analysis on LON/0AAY

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this LON/0AAY report

Is a complete LON/0AAY research report available?

No complete published report is available for lon/0AAY (LON/0AAY) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

LON/0AAY (LON/0AAY)

Price

Financial snapshot

Fair-value bridge

Latest news · LON/0AAY

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All LON/0AAY indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on LON/0AAY

Frequently asked questions