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Okea Valuation Multiples
Discover revenue and EBITDA valuation multiples for Okea and similar public comparables like Rompetrol Rafinare, EnviTec Biogas, Gevo, Summit Midstream and more.
Okea Overview
About Okea
Okea ASA is an independent oil producer. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. The operations of the company include Draugen Field, Gjoa Field, Ivar Aasen, and others. The company generates the majority of its revenue from the sale of crude.
Founded
2015
HQ

Employees
488
Website
Sectors
Financials (LTM)
EV
$454M
Okea Financials
Okea reported last 12-month revenue of $846M and EBITDA of $508M.
In the same LTM period, Okea generated $526M in gross profit, $508M in EBITDA, and had net loss of ($16M).
Revenue (LTM)
Okea P&L
In the most recent fiscal year, Okea reported revenue of $808M and EBITDA of $447M.
Okea expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $846M | XXX | $808M | XXX | XXX | XXX |
| Gross Profit | $526M | XXX | $257M | XXX | XXX | XXX |
| Gross Margin | 62% | XXX | 32% | XXX | XXX | XXX |
| EBITDA | $508M | XXX | $447M | XXX | XXX | XXX |
| EBITDA Margin | 60% | XXX | 55% | XXX | XXX | XXX |
| EBIT Margin | 10% | XXX | 27% | XXX | XXX | XXX |
| Net Profit | ($16M) | XXX | ($55M) | XXX | XXX | XXX |
| Net Margin | (2%) | XXX | (7%) | XXX | XXX | XXX |
| Net Debt | — | — | $61M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Okea Stock Performance
Okea has current market cap of $434M, and enterprise value of $454M.
Market Cap Evolution
Okea's stock price is $4.18.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $454M | $434M | 0.3% | XXX | XXX | XXX | $-0.53 |
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Start Free TrialOkea Valuation Multiples
Okea trades at 0.5x EV/Revenue multiple, and 0.9x EV/EBITDA.
EV / Revenue (LTM)
Okea Financial Valuation Multiples
As of April 17, 2026, Okea has market cap of $434M and EV of $454M.
Equity research analysts estimate Okea's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Okea has a P/E ratio of (26.9x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $434M | XXX | $434M | XXX | XXX | XXX |
| EV (current) | $454M | XXX | $454M | XXX | XXX | XXX |
| EV/Revenue | 0.5x | XXX | 0.6x | XXX | XXX | XXX |
| EV/EBITDA | 0.9x | XXX | 1.0x | XXX | XXX | XXX |
| EV/EBIT | 5.4x | XXX | 2.1x | XXX | XXX | XXX |
| EV/Gross Profit | 0.9x | XXX | 1.8x | XXX | XXX | XXX |
| P/E | (26.9x) | XXX | (7.9x) | XXX | XXX | XXX |
| EV/FCF | (9.2x) | XXX | (8.9x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Okea Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Okea Margins & Growth Rates
Okea's revenue in the last 12 month grew by 13%.
Okea's revenue per employee in the last FY averaged $1.7M, while opex per employee averaged $0.1M for the same period.
Okea's rule of 40 is 90% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Okea's rule of X is 119% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Okea Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | 16% | XXX | XXX | XXX |
| EBITDA Margin | 60% | XXX | 55% | XXX | XXX | XXX |
| EBITDA Growth | 29% | XXX | 47% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 90% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 119% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.7M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | (13%) | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 5% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Okea Public Comps
See public comps and valuation multiples for other Energy Production and Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Okea | XXX | XXX | XXX | XXX | XXX | XXX |
| Rompetrol Rafinare | XXX | XXX | XXX | XXX | XXX | XXX |
| EnviTec Biogas | XXX | XXX | XXX | XXX | XXX | XXX |
| Gevo | XXX | XXX | XXX | XXX | XXX | XXX |
| Summit Midstream | XXX | XXX | XXX | XXX | XXX | XXX |
| W&T Offshore | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Okea M&A Activity
Okea acquired XXX companies to date.
Last acquisition by Okea was on XXXXXXXX, XXXXX. Okea acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Okea
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialOkea Investment Activity
Okea invested in XXX companies to date.
Okea made its latest investment on XXXXXXXX, XXXXX. Okea invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Okea
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Okea
| When was Okea founded? | Okea was founded in 2015. |
| Where is Okea headquartered? | Okea is headquartered in Norway. |
| How many employees does Okea have? | As of today, Okea has over 488 employees. |
| Is Okea publicly listed? | Yes, Okea is a public company listed on Oslo Børs. |
| What is the stock symbol of Okea? | Okea trades under OKEA ticker. |
| When did Okea go public? | Okea went public in 2019. |
| Who are competitors of Okea? | Okea main competitors are Rompetrol Rafinare, EnviTec Biogas, Gevo, Summit Midstream. |
| What is the current market cap of Okea? | Okea's current market cap is $434M. |
| What is the current revenue of Okea? | Okea's last 12 months revenue is $846M. |
| What is the current revenue growth of Okea? | Okea revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of Okea? | Current revenue multiple of Okea is 0.5x. |
| Is Okea profitable? | Yes, Okea is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Okea? | Okea's last 12 months EBITDA is $508M. |
| What is Okea's EBITDA margin? | Okea's last 12 months EBITDA margin is 60%. |
| What is the current EV/EBITDA multiple of Okea? | Current EBITDA multiple of Okea is 0.9x. |
| What is the current FCF of Okea? | Okea's last 12 months FCF is ($49M). |
| What is Okea's FCF margin? | Okea's last 12 months FCF margin is (6%). |
| What is the current EV/FCF multiple of Okea? | Current FCF multiple of Okea is (9.2x). |
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