As part of our ongoing series here at The Acquirer’s Multiple, we provide this feature article titled ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners.
One of the cheapest stocks in our Stock Screeners is:
Equinor ASA (EQNR)
Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.0 million barrels of oil equivalent per day in 2022 (50% liquids) and ended the year with 5.2 billion barrels of proven reserves (49% liquidsl). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.
A quick look at the share price history (below) over the past twelve months shows that the price is down 24.86%. Here’s why the company is undervalued.
Key Stats
Market Cap: $86.98 Billion
Enterprise Value: $65.62 Billion
Operating Earnings
Operating Earnings: $72.84 Billion
Acquirer’s Multiple
Acquirer’s Multiple: 0.90
Free Cash Flow (TTM)
Free Cash Flow: $26.52 Billion
FCF/EV Yield %:
FCF/EV Yield: 29.32
Shareholder Yield %:
Shareholder Yield: 12.60
Other Indicators
Piotroski F Score: 8.00
Altman Z-Score: 4.026
ROA (5 Year Avge%): 48
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