Ratings Veidekke ASA

Equities

VEI

NO0005806802

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%		+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

Summary

The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.32 for the 2024 fiscal year.
The company is one of the best yield companies with high dividend expectations.
Sales forecast by analysts have been recently revised upwards.
Over the past four months, analysts' average price target has been revised upwards significantly.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
The company's profitability before interest, taxes, depreciation and amortization characterizes fragile margins.
The company does not generate enough profits, which is an alarming weak point.
Over the past twelve months, analysts' consensus has been significantly revised downwards.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Construction & Engineering

	1st Jan change	Capi.	ESG Refinitiv
VEIDEKKE ASA	+11.35%	1.39B	B-
VINCI	-2.29%	67.67B	C+
LARSEN & TOUBRO LIMITED	+2.13%	59.37B	C+
QUANTA SERVICES, INC.	+21.25%	38.3B	B+
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	+11.23%	30.73B	B
FERROVIAL SE	+2.06%	26.35B	A-
CHINA RAILWAY GROUP LIMITED	+22.89%	22.01B	B-
WSP GLOBAL INC.	+15.06%	19.47B	A
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED	+22.99%	17.6B	B+
EMCOR GROUP, INC.	+64.33%	16.64B	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

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

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MT Timing

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RSI

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Unusual volumes