VEI.OL Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	27.22B EUR	25.59B EUR	25.43B EUR
Enterprise Value	23.53B EUR	23.25B EUR	22.5B EUR
Valuation Multiples
Trailing P/E	16.16x	16.67x	24.95x
Forward P/E	15.75x	--	--
Price to Sales	0.61x	0.56x	0.6x
Price to Book	10.53x	10.03x	7.06x
EV/Revenue	0.53x	0.51x	0.53x
EV/EBITDA	8.63x	7.19x	8.86x
Price to FCF (P/FCF)	6.69x	9.62x	11.7x
EV/FCF	5.78x	8.74x	10.35x
FCF Yield	14.94%	10.4%	8.55%