Valuation AF Gruppen ASA

Stocks

Market Closed - Oslo Bors 15:45:00 16/10/2026 BST			5-day change	1st Jan Change
189.20 ^NOK	+1.39%		+1.72%	+0.53%

08-31	SB1 Markets raises AF Gruppen price target to 230 Norwegian kroner (210), reiterates buy	FW
08-28	DNB Carnegie raises its price target for AF Gruppen to 156 Norwegian kroner (150), reiterates sell	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	20,677	15,488	13,459	16,189	20,669	21,463	-	-
Change	-	-25.1%	-13.1%	20.29%	27.67%	3.84%	-	-
Enterprise Value (EV) ¹	20,996	15,817	14,100	16,090	19,395	20,673	20,659	20,639
Change	-	-24.67%	-10.86%	14.12%	20.54%	6.59%	-0.07%	-0.09%
P/E	20.2x	16x	33.3x	22.8x	19x	15.9x	15.2x	14.7x
PBR	7.79x	6.01x	5.8x	6.22x	7.14x	5.23x	4.99x	4.73x
PEG	-	-2.51x	-0.6x	0.3x	0.4x	0.8x	3.28x	4.25x
Capitalization / Revenue	0.74x	0.5x	0.44x	0.53x	0.65x	0.6x	0.59x	0.57x
EV / Revenue	0.75x	0.51x	0.46x	0.53x	0.61x	0.58x	0.57x	0.55x
EV / EBITDA	9.65x	8.17x	-	8.7x	7.97x	7.46x	7.24x	6.96x
EV / EBIT	13x	11.2x	18.8x	14x	11.7x	9.86x	9.44x	9.04x
EV / FCF	17.1x	11.4x	15x	8.08x	6.39x	16.9x	13x	12.6x
FCF Yield	5.86%	8.81%	6.66%	12.4%	15.6%	5.93%	7.72%	7.94%
Dividend per Share ²	10.5	10.5	6.5	5	-	11.4	12.1	12.1
Rate of return	5.42%	7.3%	5.23%	3.37%	-	6.03%	6.4%	6.4%
EPS ²	9.57	8.96	3.73	6.52	9.93	11.88	12.42	12.86
Distribution rate	110%	117%	174%	76.7%	-	96%	97.4%	94.1%
Net sales ¹	27,868	31,205	30,530	30,638	31,992	35,700	36,523	37,593
EBITDA ¹	2,176	1,937	-	1,850	2,434	2,770	2,854	2,965
EBIT ¹	1,609	1,409	749	1,149	1,662	2,098	2,189	2,284
Net income ¹	1,019	958	402	708	1,093	1,357	1,432	1,494
Net Debt ¹	319	329	641	-99	-1,274	-790	-804.5	-824
Reference price ²	193.60	143.80	124.20	148.40	188.20	189.20	189.20	189.20
Nbr of stocks (in thousands)	106,805	107,702	108,362	109,089	109,823	113,443	-	-
Announcement Date	11/02/22	10/02/23	15/02/24	14/02/25	13/02/26	-	-	-

¹NOK in Million²NOK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AF GRUPPEN ASA	15.93x	0.58x	7.46x	6.03%	2.27B
QUANTA SERVICES, INC.	54.55x	2.52x	24.05x	0.07%	95B
VINCI	11.88x	1.03x	5.64x	4.92%	67.36B
LARSEN & TOUBRO LIMITED	24.45x	1.91x	18.77x	1.19%	52.65B
COMFORT SYSTEMS USA, INC.	29.59x	3.7x	20.07x	0.23%	50.56B
FERROVIAL N.V.	46.09x	3.73x	23.54x	2.1%	35.86B
EMCOR GROUP, INC.	22x	1.51x	13.93x	0.21%	31.83B
HOCHTIEF AG	25.73x	0.64x	10.55x	2.42%	31.54B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	5.24x	0.32x	6.06x	5.38%	28.04B
ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.	21.45x	0.4x	6.34x	2.87%	26.93B
Average	25.69x	1.63x	13.64x	2.54%	42.2B
Weighted average by Cap.	30.07x	1.94x	15.74x	1.92%