Stock VEI VEIDEKKE ASA
Add to a list
To use this feature you must be a member
Log inSign up

Financials Veidekke ASA

Equities

VEI

NO0005806802

Construction & Engineering

Market Closed - Oslo Bors
Other stock markets
 10:45:00 2024-04-26 am EDT 		5-day change 1st Jan Change
113.8 NOK +1.25% Intraday chart for Veidekke ASA +0.53% +11.35%
Apr. 17 Veidekke Unit Bags DKK580 Million Contract to Refurbish Building in Denmark MT
Mar. 12 Veidekke ASA Wins the Contract for Renewing the Contact Line System Between Etterstad and Lillestrøm on the Main Railway Out of Oslo for Bane NOR CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 16,097 14,921 17,705 13,043 13,779 15,348 - -
Enterprise Value (EV) 1 18,750 11,843 13,996 10,207 11,003 13,336 13,439 13,505
P/E ratio 26 x 7.1 x 18.6 x 12 x 12.9 x 13.5 x 12.7 x 12.4 x
Yield - 25.5% 5.29% 8.01% 7.73% 7.03% 7.47% 7.91%
Capitalization / Revenue 0.42 x 0.39 x 0.47 x 0.34 x 0.32 x 0.37 x 0.35 x 0.34 x
EV / Revenue 0.48 x 0.31 x 0.37 x 0.26 x 0.26 x 0.32 x 0.31 x 0.3 x
EV / EBITDA 12.7 x 5.58 x 6.13 x 4.17 x 4.48 x 5.34 x 5.08 x 5 x
EV / FCF -31.1 x 7.1 x 8.13 x 10.4 x 12 x 8.81 x 13.8 x 12.5 x
FCF Yield -3.22% 14.1% 12.3% 9.6% 8.36% 11.3% 7.27% 8%
Price to Book 4.05 x 5.24 x 6.24 x 4.36 x - 4.89 x 4.7 x -
Nbr of stocks (in thousands) 134,704 134,668 133,726 134,746 134,825 134,869 - -
Reference price 2 119.5 110.8 132.4 96.80 102.2 113.8 113.8 113.8
Announcement Date 2/11/20 2/12/21 2/9/22 2/8/23 2/8/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 38,779 38,140 37,592 38,658 43,146 41,782 43,283 44,493
EBITDA 1 1,482 2,122 2,282 2,446 2,454 2,495 2,647 2,702
EBIT 1 595 1,213 1,364 1,508 1,409 1,455 1,541 1,567
Operating Margin 1.53% 3.18% 3.63% 3.9% 3.27% 3.48% 3.56% 3.52%
Earnings before Tax (EBT) 1 596 1,100 1,342 1,467 1,444 1,490 1,580 1,610
Net income 1 619 2,108 1,100 1,226 1,069 1,142 1,211 1,235
Net margin 1.6% 5.53% 2.93% 3.17% 2.48% 2.73% 2.8% 2.78%
EPS 2 4.600 15.60 7.100 8.100 7.900 8.460 8.980 9.150
Free Cash Flow 1 -603 1,668 1,721 980 920 1,513 977 1,080
FCF margin -1.55% 4.37% 4.58% 2.54% 2.13% 3.62% 2.26% 2.43%
FCF Conversion (EBITDA) - 78.61% 75.42% 40.07% 37.49% 60.64% 36.9% 39.97%
FCF Conversion (Net income) - 79.13% 156.45% 79.93% 86.06% 132.46% 80.65% 87.45%
Dividend per Share 2 - 28.25 7.000 7.750 7.900 8.000 8.500 9.000
Announcement Date 2/11/20 2/12/21 2/9/22 2/8/23 2/8/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 9,295 10,176 8,369 9,902 9,550 10,837 9,461 11,165 10,387 12,134 9,274 10,835 10,097 11,577 9,520
EBITDA 1 769 655 197 609 792 848 84 646 862 861 207 697 809 781 163
EBIT 1 550 405 -24 388 566 578 -54 389 603 580 -31 411 560 516 -65
Operating Margin 5.92% 3.98% -0.29% 3.92% 5.93% 5.33% -0.57% 3.48% 5.81% 4.78% -0.33% 3.79% 5.55% 4.46% -0.68%
Earnings before Tax (EBT) 1 530 393 -55 355 545 622 -147 387 601 603 -25 415 571 529 -54
Net income 1 388 290 -54 251 404 518 -120 275 441 474 -19 319 437 406 -42
Net margin 4.17% 2.85% -0.65% 2.53% 4.23% 4.78% -1.27% 2.46% 4.25% 3.91% -0.2% 2.94% 4.33% 3.51% -0.44%
EPS 2 2.900 2.200 -0.4000 1.900 3.000 3.600 -0.9000 2.000 3.300 3.500 -0.1400 2.360 3.240 3.010 -0.3100
Dividend per Share - 7.000 - - - - - - - - - - - - -
Announcement Date 11/11/21 2/9/22 5/12/22 8/17/22 11/9/22 2/8/23 5/11/23 8/17/23 11/8/23 2/8/24 - - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,653 - - - - - - -
Net Cash position 1 - 3,078 3,709 2,836 2,776 2,012 1,909 1,843
Leverage (Debt/EBITDA) 1.79 x - - - - - - -
Free Cash Flow 1 -603 1,668 1,721 980 920 1,513 977 1,080
ROE (net income / shareholders' equity) 15.6% 53% 38% 43% 35.1% 36.4% 37.3% 36.8%
ROA (Net income/ Total Assets) 3.01% - 6.31% 7.01% 5.96% 6.4% 6.7% 6.7%
Assets 1 20,565 - 17,427 17,480 17,928 17,848 18,081 18,433
Book Value Per Share 2 29.50 21.10 21.20 22.20 - 23.30 24.20 -
Cash Flow per Share - - - - - - - -
Capex 1 537 682 473 429 2,019 1,049 1,078 1,118
Capex / Sales 1.38% 1.79% 1.26% 1.11% 4.68% 2.51% 2.49% 2.51%
Announcement Date 2/11/20 2/12/21 2/9/22 2/8/23 2/8/24 - - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Veidekke ASA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
113.8 NOK
Average target price
120 NOK
Spread / Average Target
+5.45%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Construction & Engineering

1st Jan change Capi.
VEIDEKKE ASA Stock Veidekke ASA
+11.35% 1.39B
VINCI Stock VINCI
-2.29% 67.67B
LARSEN & TOUBRO LIMITED Stock Larsen & Toubro Limited
+2.13% 59.37B
QUANTA SERVICES, INC. Stock Quanta Services, Inc.
+21.25% 38.3B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED Stock China State Construction Engineering Corporation Limited
+11.23% 30.73B
FERROVIAL SE Stock Ferrovial SE
+2.06% 26.35B
CHINA RAILWAY GROUP LIMITED Stock China Railway Group Limited
+22.89% 22.01B
WSP GLOBAL INC. Stock WSP Global Inc.
+15.06% 19.47B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED Stock China Communications Construction Company Limited
+22.99% 17.6B
EMCOR GROUP, INC. Stock EMCOR Group, Inc.
+64.33% 16.64B
Other Construction & Engineering
  1. Stock Market
  2. Equities
  3. VEI Stock
  4. Financials Veidekke ASA