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Interoil Exploration and Production ASA (IOX) Fair Value & Analysis

Energy · NO · Market cap 58.4M NOK

IE Interoil Exploration and Production ASA IOX · OL
Pricekr 2.88
Fair Valuekr 0.5400
Upside-81.3%
Quality29/100
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Weak Growth
Loss-making · -132.3% net margin
Negative equity (buybacks among others) · negative free cash flow
Trails peers (2/9)
Narrow moat 6/100
Evidence: Low Range kr 0.4000 – kr 0.6700 Share as image

Fair value as of: Jun 23, 2026

From 4 valuation models · updated 48 days ago

Fair value updated Jun 23, 2026, revised from kr 3.53 to kr 0.5400 (−84.7%) since Jun 11, 2026. Share price +15.2% over the past month.

Below-average quality, and screening another 81% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 0.6700). The favourable scenario is already priced in.
  • Weak quality (29/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

kr 44.50 kr 0.5700 Fair Value kr 0.5400 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 23, 2026.

How to read this chart

60‑month range kr 0.5700 – kr 44.50 · fair‑value band kr 0.4000 – kr 0.6700 · the kr 2.88 price screens above the kr 0.5400 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jun 23, 2026.

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Analysis

Interoil Exploration and Production ASA (IOX) currently trades at kr 2.88, while our model-based Fair Value estimate is kr 0.5400, implying the stock looks roughly 81.3% overvalued today. The Quality Score stands at 29/100 (below-average quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at 15.8M NOK. Revenue declined 27.0% year over year. Net debt stands at 32.3M NOK. Fundamentals as of Jun 23, 2026

Our scenario range runs from kr 0.4000 (bear case) to kr 0.6700 (bull case); at kr 2.88, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 59% below its 52-week high, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at -26% fair-value upside, at -81%, IOX screens richer than that median.

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Key figures & financial health

Revenue (TTM) 15.8M NOK
Revenue growth (YoY) -27.0%
Net margin -132%
Return on equity -754%
Free cash flow −9.2M NOK FY2024
Operating margin -67.2%
More key figures
EPS (TTM) kr -3.91
Net debt 32.3M NOK FY2025

Figures from reported company fundamentals · as of Jun 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 29/100

Of which business quality 28 · Market factors (momentum, volatility) 70

Profitability 4
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 0
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 85
Price trend over the last 3–12 months (market factor)
52W Momentum 68
Distance to the 52-week high (market factor)
Net Issuance 64
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Interoil Exploration and Production ASA, together with its subsidiaries, operates as an upstream oil exploration and production company in Argentina and Colombia. It engages in the acquisition, exploration, development, and operation of oil and natural gas properties.

Full company description

Interoil Exploration and Production ASA, together with its subsidiaries, operates as an upstream oil exploration and production company in Argentina and Colombia. It engages in the acquisition, exploration, development, and operation of oil and natural gas properties. The company's portfolio includes two producing concessions in Colombia; and one exploration and seven production concessions in Argentina. Interoil Exploration and Production ASA was incorporated in 2005 and is headquartered in Oslo, Norway.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Interoil Exploration and Production ASA reported revenue of kr 9.1M in FY2025 versus kr 12.7M in FY2021, a compound −8.0%/yr. Reported net income was −kr 29.0M in FY2025.

Growth Quality 11/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
9.1M NOK
Latest YoY
+0.7%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−21.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.2%
Avg. growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.6%
Revenue −8.0%/yr
FY21 kr 12.7M
FY22 kr 19.0M
FY23 kr 19.2M
FY24 kr 9.0M
FY25 kr 9.1M
Net income
FY21 −kr 1.5M
FY22 −kr 664K
FY23 −kr 14.3M
FY24 −kr 17.2M
FY25 −kr 29.0M

IOX screens 81% overvalued. Compare with CNOOC Limited →

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Cite: Fair Value Calculator (2026). "Interoil Exploration and Production ASA Fair Value". https://www.fairvalue-calculator.com/stock/IOX

Peer Group

Oil & Gas E&P · 315 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 29 · Bottom 25%
Fair Value upside −81% · Bottom 25%
Return on assets -20% · Bottom 25%
Net margin (TTM) -132% · Bottom 25%
Operating margin (TTM) -67% · Bottom 25%
Revenue growth -27% · Bottom 25%

Valuation Multiples vs Oil & Gas E&P median · lower = cheaper

P/S (TTM) 0.39× · Cheaper than 75% of peers
PEG 2.09× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 14
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 100 · sector 87
DIVIDEND 0 · sector 66

VALUE 0: the price sits above our fair-value range.

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Oil & Gas E&P stocks, each showing price versus our Fair Value estimate (as of Jun 23, 2026).

Stock Price Fair Value vs Fair Value
CNOOC Limited 600938 ¥28.97 ¥32.55 +12%
ConocoPhillips explores for, COP $109.04 $91.79 -16%
Canadian Natural Resources Limited CNQ $42.86 $31.54 -26%
EOG Resources, Inc EOG $139.89 $130.19 -7%
Occidental Petroleum Corporation OXY $54.86 $30.68 -44%
Diamondback Energy, Inc FANG $183.39 $106.12 -42%
Devon Energy Corporation DVN $43.83 $27.06 -38%
Woodside Energy Group WDS A$30.46 A$20.71 -32%
EQT Corporation EQT $48.85 $42.85 -12%
Texas Pacific Land Corporation TPL $415.70 $79.20 -81%

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Frequently asked questions

Is Interoil Exploration and Production ASA (IOX) overvalued or undervalued?
As of Jun 23, 2026, our model estimates a fair value of kr 0.5400 versus a price of kr 2.88, about −81% (overvalued).
What is the fair value of IOX?
Our model-based fair value for Interoil Exploration and Production ASA is kr 0.5400 (as of Jun 23, 2026), built from audited fundamentals. The current price is kr 2.88.
What is the quality score of IOX?
Interoil Exploration and Production ASA has a Quality Score of 29/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Interoil Exploration and Production ASA (IOX)?
Interoil Exploration and Production ASA reported trailing-twelve-month revenue of about 15.8M NOK (latest available figure, as of Jun 23, 2026).
What is the net profit margin of IOX?
The net profit margin of Interoil Exploration and Production ASA is about -132.3%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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