Ratings Veidekke ASA London S.E.

Equities

0GF6

NO0005806802

Market Closed - London S.E. Other stock markets 15:20:00 28/06/2024 BST			5-day change	1st Jan Change
114.4 ^NOK	-0.87%		+0.18%	+11.71%

06-27	Veidekke Bags NOK2 Billion Construction Contract for Tunnels in Oslo, Norway	MT
06-20	Veidekke ASA to Build A Production Building for Kitron At Longum Park in Arendal	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

The company shows low valuation levels, with an enterprise value at 0.32 times its sales.
The company is one of the best yield companies with high dividend expectations.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Sales forecast by analysts have been recently revised upwards.
For the past twelve months, EPS forecast has been revised upwards.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The company does not generate enough profits, which is an alarming weak point.

Ratings chart - Surperformance

Sector: Construction & Engineering

	1st Jan change	Capi.	ESG Refinitiv
VEIDEKKE ASA	+11.71%	1.45B	-
VINCI	-13.47%	59.76B	C+
LARSEN & TOUBRO LIMITED	+0.63%	58.53B	C+
QUANTA SERVICES, INC.	+17.74%	37.2B	B+
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	+10.40%	30.41B	B
FERROVIAL SE	+9.81%	28.4B	A-
CHINA RAILWAY GROUP LIMITED	+14.79%	20.75B	B-
WSP GLOBAL INC.	+14.69%	19.41B	A
EMCOR GROUP, INC.	+69.47%	17.16B	B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED	+33.62%	17.22B	B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes