Equinor ASA

OTCPK:STOH.F Stock Report

Market Cap: US$70.4b

Equinor Valuation

Is STOH.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of STOH.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: STOH.F ($27.5) is trading below our estimate of future cash flow value ($81.46)

Significantly Below Future Cash Flow Value: STOH.F is trading below future cash flow value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for STOH.F?

Key metric: As STOH.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for STOH.F. This is calculated by dividing STOH.F's market cap by their current earnings.
What is STOH.F's PE Ratio?
PE Ratio14x
EarningsUS$5.04b
Market CapUS$70.39b

Price to Earnings Ratio vs Peers

How does STOH.F's PE Ratio compare to its peers?

The above table shows the PE ratio for STOH.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.8x
OXY Occidental Petroleum
31.8x10.27%US$45.3b
CVX Chevron
29.6x13.27%US$357.5b
XOM Exxon Mobil
21.8x9.66%US$610.9b
EOG EOG Resources
12x3.45%US$65.0b
STOH.F Equinor
14x7.51%US$671.0b

Price-To-Earnings vs Peers: STOH.F is good value based on its Price-To-Earnings Ratio (14x) compared to the peer average (23.8x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does STOH.F's PE Ratio compare vs other companies in the US Oil and Gas Industry?

11 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TGA TransGlobe Energy
2.2xn/aUS$272.31m
SAFX XCF Global
0.4xn/aUS$40.28m
TOPS Top Ships
2.1xn/aUS$21.51m
MVO MV Oil Trust
1.7xn/aUS$17.14m
STOH.F 14.0xIndustry Avg. 14.5xNo. of Companies27PE01020304050+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: STOH.F is good value based on its Price-To-Earnings Ratio (14x) compared to the US Oil and Gas industry average (14.5x).


Price to Earnings Ratio vs Fair Ratio

What is STOH.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

STOH.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14x
Fair PE Ratio21.2x

Price-To-Earnings vs Fair Ratio: STOH.F is good value based on its Price-To-Earnings Ratio (14x) compared to the estimated Fair Price-To-Earnings Ratio (21.2x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst STOH.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$27.50
US$24.94
-9.32%
11.58%US$33.09US$21.08n/a24
Feb ’27US$27.36
US$24.06
-12.06%
11.00%US$29.63US$20.35n/a24
Jan ’27US$23.19
US$23.78
+2.54%
11.82%US$29.63US$17.91n/a22
Dec ’26US$22.35
US$23.99
+7.34%
11.33%US$29.63US$17.91n/a22
Nov ’26US$24.26
US$24.18
-0.32%
11.32%US$29.63US$17.91n/a22
Oct ’26US$25.38
US$25.27
-0.45%
14.20%US$31.96US$18.03n/a22
Sep ’26US$24.66
US$25.64
+3.96%
13.81%US$31.96US$18.03n/a23
Aug ’26US$25.99
US$25.66
-1.28%
13.71%US$31.96US$17.83n/a23
Jul ’26US$25.22
US$26.35
+4.51%
15.73%US$37.72US$20.27n/a24
Jun ’26US$24.36
US$26.12
+7.25%
16.34%US$37.72US$19.82n/a23
May ’26US$22.25
US$26.69
+19.96%
15.30%US$37.72US$20.11n/a23
Apr ’26US$26.67
US$27.82
+4.32%
14.29%US$36.50US$19.62n/a24
Mar ’26US$23.24
US$27.43
+18.01%
14.98%US$35.68US$19.62n/a24
Feb ’26US$23.82
US$26.95
+13.14%
15.66%US$34.86US$17.65US$27.3623
Jan ’26US$23.63
US$26.98
+14.17%
15.47%US$36.02US$17.91US$23.1923
Dec ’25US$24.39
US$26.43
+8.36%
17.06%US$36.02US$18.06US$22.3524
Nov ’25US$24.09
US$26.80
+11.25%
15.14%US$36.50US$19.16US$24.2624
Oct ’25US$25.85
US$27.22
+5.30%
15.19%US$40.88US$20.13US$25.3823
Sep ’25US$27.45
US$27.30
-0.54%
15.97%US$40.88US$19.01US$24.6623
Aug ’25US$26.20
US$27.30
+4.19%
15.86%US$40.88US$19.08US$25.9923
Jul ’25US$28.46
US$28.17
-1.01%
17.29%US$45.51US$19.69US$25.2223
Jun ’25US$28.93
US$27.74
-4.10%
18.22%US$45.51US$19.11US$24.3623
May ’25US$26.82
US$27.33
+1.89%
18.45%US$45.51US$19.11US$22.2523
Apr ’25US$26.97
US$27.47
+1.84%
19.14%US$47.30US$19.90US$26.6723
Mar ’25US$25.09
US$28.13
+12.15%
18.95%US$47.30US$19.69US$23.2424
Feb ’25US$29.35
US$31.94
+8.80%
17.86%US$48.28US$23.06US$23.8224
US$24.19
Fair Value
13.7% overvalued intrinsic discount
24
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/19 15:37
End of Day Share Price 2026/02/17 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Equinor ASA is covered by 41 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alejandro VigilBanco Santander
Lydia RainforthBarclays
Naisheng CuiBarclays