Vår Energi

VAR · Oslo Børs · NOK

kr 51.52Change from previous close: +1.38%Absolute change: +kr 0.70

Close · October 1, 2026

Valuation

Data as of October 3, 2026

Valuation multiples

Market cap
kr 126.31B
Enterprise value
kr 129.92B
P/E (trailing 12 months)
9.94
Forward P/E
10.8
PEG
32.9
Price/book
58.1
Price/sales
11.8
EV/EBITDA
14.7
EV/revenue
12.2

Profitability and growth

Gross margin
88.1%
Operating margin
59.4%
Net margin
13.0%
ROE
94.0%
ROA
13.4%
ROIC
25.6%
Revenue growth (year over year)
102.7%
Earnings growth (year over year)
304.3%

Financial health

Total cash
kr 2.5B
Total debt
kr 6.11B
Debt/equity
3.08
Current ratio
0.90
Quick ratio
0.58
Piotroski F-Score
8.00

Dividends

Annual dividend per share
kr 5.42
Dividend yield
10.5%
Payout ratio
91.7%
Ex-dividend date
August 21, 2026

Analysts and estimates

Average price target
kr 54.18
Median price target
kr 54.49
High price target
kr 68.80
Low price target
kr 41.94
Analysts with a price target
14
Consensus
Buy
Forward EPS
kr 4.69
EPS estimate, current year
kr 0.73

Shares and trading

Beta
-0.48
Average volume
5.7M
Shares outstanding
2.5B
Float
903.82M
Institutional ownership
20.2%
Insider ownership
64.7%