stockrow
Friday 6 November 2026
Export NRT’s income statement to Excel — free account
North European Oil Royality Trust
NRT Energy Oil & Gas E&P
North European Oil Royality Trust’s revenue for fiscal 2025 (year ended October 2025) was $8.7 million, up 49.5% from fiscal 2024.
- Revenue
- +0.94%
- EPS
- +3.85%
Quarter to July 2026, against a year earlier
6.88
0.13
+1.93%
Follow NRT
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to October
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jul ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 7 | 8 | 7 | 8 | 4 | 5 | 18 | 22 | 6 | 9 | 10 | +2.4% | — | — | — | — | |
| Gross margin, % | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 0.0 pt | ||||||
| EBT | 6 | 7 | 6 | 8 | 3 | 4 | 17 | 21 | 5 | 8 | 9 | +2.9% | ||||||
| EBT margin, % | 88.22 | 90.52 | 89.02 | 90.81 | 81.15 | 86.40 | 96.00 | 96.17 | 87.43 | 91.78 | 91.36 | +3.6 pt | ||||||
| Net income | — | — | — | — | — | — | — | — | — | — | 0 | — | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 0.76 | 0.84 | 0.78 | 0.91 | 0.44 | 0.50 | 1.94 | 2.40 | 0.63 | 0.94 | 1.12 | +2.4% | |||||
| Earnings | 0.67 | 0.75 | 0.70 | 0.82 | 0.32 | 0.47 | 1.83 | 2.26 | 0.55 | 0.86 | 1.02 | +2.8% | ||||||
| Cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | n/m | ||||||
| Capex | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | n/m | ||||||
| Book value | 0.01 | 0.01 | 0.01 | 0.01 | 0.05 | 0.01 | 0.04 | 0.09 | 0.16 | 0.21 | 0.21 | +46.4% | ||||||
| Shares, m | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 0.0% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 11.74 | 8.88 | 10.27 | 7.46 | 9.34 | 20.62 | 8.49 | 4.87 | 10.48 | 7.80 | 6.63 | 10.0 | |||||
| P/S | 10.23 | 7.89 | 9.18 | 6.74 | 6.79 | 18.21 | 8.02 | 4.56 | 8.15 | 6.73 | 6.04 | 8.6 | ||||||
| P/B | 1,139.63 | 587.99 | 840.75 | 467.18 | 59.00 | 682.59 | 363.99 | 126.21 | 32.71 | 30.05 | 31.48 | 433.0 | ||||||
| EV/Sales | 10.06 | 7.61 | 8.98 | 6.55 | 6.63 | 17.91 | 7.62 | 4.52 | 7.87 | 6.17 | 5.61 | 8.4 | ||||||
| EV/FCF | 0.00 | 0.00 | 0.00 | 0.00 | 8.16 | 20.72 | 21.15 | 19.70 | 9.01 | 10.56 | 11.43 | 8.9 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | — | — | — | 5 | — | |||||
| Capex | — | — | — | — | — | — | — | — | — | — | — | — | ||||||
| Free cash flow | 6 | 7 | 6 | 8 | 3 | 4 | 17 | 21 | — | — | 5 | +19.3% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | +46.5% | |||||
| Net debt | (1) | (2) | (1) | (2) | (1) | (1) | (7) | (1) | (2) | (5) | (4) | +17.0% | ||||||
| Shareholders’ equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | +46.4% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 365.74 | 426.97 | 357.67 | 497.23 | 293.36 | 386.27 | 397.27 | 530.09 | 417.91 | 247.68 | 218.59 | (118.1) pt | |||||
| ROIC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 pt | ||||||
| ROE | 8,680.00 | 8,435.05 | 7,014.78 | 7,616.18 | 1,121.26 | 1,351.21 | 6,633.73 | 3,565.76 | 452.26 | 470.09 | 491.65 | (8,209.9) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | — | 0.0% | |||||
| Revenue/emp, $m | 3.48 | 3.88 | 3.60 | 4.17 | 2.03 | 2.30 | 8.90 | 11.01 | 2.89 | 4.33 | — | +2.4% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Oct 2025 · latest quarter Jul 2026
North European Oil Royality Trust vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| GLND Greenland Energy Company | $93.6M | — | — | — | n/m | — | — | 0.00% | Compare |
| EP Empire Petroleum Corporation | $83.6M | — (loss-making) | — | +8.58% (above 0%: growing) | n/m | −43.32% (below 0%: shrinking) | 47.01% | (16.22%) | Compare |
| CRT Cross Timbers Royalty Trust | $74.4M | 23.8× | 13.0× | −1.16% (below 0%: shrinking) | −6.67% (below 0%: shrinking) | — | 44.21% | 27.28% | Compare |
| BSIN Big Sky Industrial Inc. | $69.3M | — (loss-making) | — (loss-making) | +5.23% (above 0%: growing) | n/m | −76.10% (below 0%: shrinking) | 45.64% | (111.76%) | Compare |
| NRT North European Oil Royality Trust | $62.0M | 6.6× | — | +0.94% (above 0%: growing) | +3.85% (above 0%: growing) | −113.18% (below 0%: shrinking) | 100.00% | 100.00% | |
| PVL PERMIANVILLE ROYALTY TRUST | $58.7M | 7.3× | 6.3× | +31.88% (above 0%: growing) | +200.00% (above 0%: growing) | — | 56.52% | 20.33% | Compare |
| VOC VOC Energy Trust | $50.0M | 7.2× | 27.3× | −31.56% (below 0%: shrinking) | −23.08% (below 0%: shrinking) | — | 100.00% | 94.96% | Compare |
| PROP Prairie Operating Co. | $45.9M | — (loss-making) | — (loss-making) | +45.17% (above 0%: growing) | n/m | −5,603.85% (below 0%: shrinking) | 100.00% | 45.88% | Compare |
| BATL Battalion Oil Corporation | $41.8M | — (loss-making) | 25.5× | +12.42% (above 0%: growing) | n/m | +119.80% (above 0%: growing) | 47.93% | 14.09% | Compare |
| Median of peers | $64.0M | 7.3× | 19.3× | +8.58% | −6.67% | −59.71% | 47.93% | 17.21% |
Pay and ownership Proxy statement filed 7 January 2026
Ownership
Directors and executive officers, together
3.50%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement