With a market capitalization of $65,141,709,592, Equinor Asa has a greater market value than 96.49% of US stocks.
EQNR's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.64 -- higher than only 5.84% of US-listed equities with positive expected earnings growth.
Of note is the ratio of Equinor Asa's sales and general administrative expense to its total operating expenses; just 3.53% of US stocks have a lower such ratio.
Stocks that are quantitatively similar to EQNR, based on their financial statements, market capitalization, and price volatility, are PTR, DD, SNP, COP, and CB.
EQNR's SEC filings can be seen here. And to visit Equinor Asa's official web site, go to www.equinor.com.
Equinor ASA engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. The company was founded in 1972 and is based in Stavanger, Norway.
EQNR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Equinor Asa. To summarize, we found that Equinor Asa ranked in the 34th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Equinor Asa ended up being:
Equinor Asa's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 6.5% of tickers in our DCF set.
EQNR's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 6.5% of tickers in our DCF set.
As a business, Equinor Asa experienced a tax rate of about 41% over the past twelve months; relative to its sector (Energy), this tax rate is higher than 95% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Equinor Asa? See NEX, NOV, RNET, NGS, and NNA.
In Namibia, an African venue that is being set up as the scene of the world's next—and possibly last—major onshore oil discovery, the oil and gas rights to an entire 8.5-million-acre sedimentary basin are owned by a single, small company. Mentioned in today's commentary includes: Occidental Petroleum Corporation (NYSE: OXY), Kinder Morgan, Inc. (NYSE: KMI), Equinor ASA (NYSE: EQNR), Apache Corporation (NASDAQ: APA), Crescent Point Energy Corp. (NYSE: CPG).