Company Valuation: Interoil Exploration and Production ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 23.52 18.03 18.15 11.91 3.416 1.599
Change - -23.35% 0.67% -34.37% -71.32% -53.2%
Enterprise Value (EV) 1 47.85 39.04 39.56 39.16 40.59 33.64
Change - -18.4% 1.33% -1.01% 3.64% -17.11%
P/E -1.66x -9.9x -9.24x -0.84x -0.2x -0.05x
PBR -3.9x -4.29x -6.1x -0.71x -0.11x -0.03x
PEG - 0.1x - -0x -0x -0x
Capitalization / Revenue 2.63x 1.42x 0.96x 0.62x 0.2x 0.18x
EV / Revenue 5.35x 3.08x 2.08x 2.04x 2.41x 3.87x
EV / EBITDA -665x 8.13x 6.16x 63.6x -8.77x 6.68x
EV / EBIT -6.35x 133x 14.8x -7.33x -3.43x -10.3x
EV / FCF -16.5x 10.9x 30.2x 6.91x 175x 1.28x
FCF Yield -6.07% 9.14% 3.31% 14.5% 0.57% 78.3%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.9 -0.1 -0.1 -0.7074 -0.8529 -1.48
Distribution rate - - - - - -
Net sales 1 8.95 12.66 19 19.21 16.81 8.683
EBITDA 1 -0.072 4.802 6.423 0.616 -4.626 5.038
EBIT 1 -7.532 0.293 2.678 -5.342 -11.84 -3.281
Net income 1 -13.79 -1.463 -0.664 -14.3 -17.17 -29.88
Net Debt 1 24.33 21.01 21.41 27.25 37.17 32.04
Reference price 2 1.4972 0.9898 0.9237 0.5917 0.1697 0.0794
Nbr of stocks (in thousands) 15,711 18,216 19,652 20,134 20,134 20,134
Announcement Date 25/6/21 28/4/22 30/4/23 8/5/24 13/6/25 13/8/26
1USD in Million2USD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.4x2.34x5.39x2.6% 157B
12.38x3.27x6.29x3.62% 102B
8.94x2.71x4.75x2.76% 78.41B
10.02x1.47x4.75x1.94% 59.83B
7.7x2.54x4.03x1.74% 60.07B
11.21x3.74x5.32x2.09% 58.4B
9.77x2.58x5.02x2.35% 55.41B
13.18x3.47x5.28x5.47% 45.41B
12.61x4.08x6.01x1.23% 33.55B
Average 10.91x 2.91x 5.20x 2.65% 72.23B
Weighted average by Cap. 11.06x 2.78x 5.26x 2.7%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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