As part of our ongoing series here at The Acquirer’s Multiple, each week we focus on one of the stocks from our Stock Screeners, and why it’s a ‘buy’ based on key fundamentals.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 2.1 million barrels of oil equivalent per day in 2023 (53% liquids) and ended 2023 with 5.2 billion barrels of proven reserves (49% liquids). 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 26.62%. Here’s why the company is undervalued.
Source: Google FinanceKey StatsMarket Cap: $67.21 BillionEnterprise Value: $66.13 Billion
Operating EarningsOperating Earnings: $30.75 Billion
Acquirer’s MultipleAcquirer’s Multiple: 2.20Free Cash Flow (TTM)Free Cash Flow: $8.86 BillionFCF/MC Yield %:FCF/MC Yield: 13.19Shareholder Yield %:Shareholder Yield: 22.90
Other IndicatorsPiotroski F Score: 6.00Dividend Yield %: 13.90ROA (5 Year Avge%): 23More By This Author:Intuit Inc (INTU) DCF Valuation: Is The Stock Undervalued?
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Large-Cap Stocks In Trouble – Sunday, Oct. 27
