AF GRUPPEN ASA (AFG.OL) Stock Fundamental Analysis
Europe - OSL:AFG - NO0003078107 - Common Stock
169.8 NOK
0 (0%)
Overall AFG gets a fundamental rating of 5 out of 10. We evaluated AFG against 41 industry peers in the Construction & Engineering industry. Both the profitability and the financial health of AFG get a neutral evaluation. Nothing too spectacular is happening here. AFG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AFG was profitable.
In the past year AFG had a positive cash flow from operations.
In the past 5 years AFG has always been profitable.
Each year in the past 5 years AFG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AFG (6.31%) is better than 73.17% of its industry peers.
The Return On Equity of AFG (39.28%) is better than 85.37% of its industry peers.
AFG has a better Return On Invested Capital (19.85%) than 87.80% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AFG is above the industry average of 11.06%.
The 3 year average ROIC (15.77%) for AFG is below the current ROIC(19.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 39.28% | ||
| ROIC | 19.85% |
ROA(3y)4.7%
ROA(5y)5.88%
ROE(3y)27.22%
ROE(5y)31.5%
ROIC(3y)15.77%
ROIC(5y)17.17%
1.3 Margins
The Profit Margin of AFG (3.21%) is comparable to the rest of the industry.
AFG's Profit Margin has declined in the last couple of years.
AFG has a worse Operating Margin (4.52%) than 60.98% of its industry peers.
AFG's Operating Margin has declined in the last couple of years.
AFG has a Gross Margin (35.36%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of AFG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.52% | ||
| PM (TTM) | 3.21% | ||
| GM | 35.36% |
OM growth 3Y-13.09%
OM growth 5Y-7.84%
PM growth 3Y-14.18%
PM growth 5Y-9.36%
GM growth 3Y2.15%
GM growth 5Y0.2%
2. Health
2.1 Basic Checks
AFG has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
AFG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AFG has more shares outstanding
AFG has a better debt/assets ratio than last year.
2.2 Solvency
AFG has an Altman-Z score of 2.95. This is not the best score and indicates that AFG is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of AFG (2.95) is better than 75.61% of its industry peers.
The Debt to FCF ratio of AFG is 0.71, which is an excellent value as it means it would take AFG, only 0.71 years of fcf income to pay off all of its debts.
AFG's Debt to FCF ratio of 0.71 is amongst the best of the industry. AFG outperforms 92.68% of its industry peers.
AFG has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
AFG has a Debt to Equity ratio of 0.48. This is in the better half of the industry: AFG outperforms 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 0.71 | ||
| Altman-Z | 2.95 |
ROIC/WACC2.37
WACC8.37%
2.3 Liquidity
A Current Ratio of 0.65 indicates that AFG may have some problems paying its short term obligations.
AFG has a worse Current ratio (0.65) than 92.68% of its industry peers.
A Quick Ratio of 0.62 indicates that AFG may have some problems paying its short term obligations.
The Quick ratio of AFG (0.62) is worse than 90.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
AFG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 176.68%, which is quite impressive.
Measured over the past years, AFG shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.07% on average per year.
Looking at the last year, AFG shows a small growth in Revenue. The Revenue has grown by 2.03% in the last year.
Measured over the past years, AFG shows a small growth in Revenue. The Revenue has been growing by 6.26% on average per year.
EPS 1Y (TTM)176.68%
EPS 3Y-12.01%
EPS 5Y-5.07%
EPS Q2Q%3657.14%
Revenue 1Y (TTM)2.03%
Revenue growth 3Y3.21%
Revenue growth 5Y6.26%
Sales Q2Q%2.05%
3.2 Future
Based on estimates for the next years, AFG will show a very strong growth in Earnings Per Share. The EPS will grow by 22.17% on average per year.
The Revenue is expected to grow by 3.83% on average over the next years.
EPS Next Y47.51%
EPS Next 2Y30.86%
EPS Next 3Y22.17%
EPS Next 5YN/A
Revenue Next Year3.43%
Revenue Next 2Y4.06%
Revenue Next 3Y3.83%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
AFG is valuated rather expensively with a Price/Earnings ratio of 18.76.
Based on the Price/Earnings ratio, AFG is valued a bit more expensive than the industry average as 63.41% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 27.41, AFG is valued a bit cheaper.
AFG is valuated correctly with a Price/Forward Earnings ratio of 16.57.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AFG indicates a slightly more expensive valuation: AFG is more expensive than 63.41% of the companies listed in the same industry.
AFG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.76 | ||
| Fwd PE | 16.57 |
4.2 Price Multiples
AFG's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, AFG is valued a bit cheaper than the industry average as 78.05% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.88 | ||
| EV/EBITDA | 9.03 |
4.3 Compensation for Growth
AFG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AFG has a very decent profitability rating, which may justify a higher PE ratio.
AFG's earnings are expected to grow with 22.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y30.86%
EPS Next 3Y22.17%
5. Dividend
5.1 Amount
AFG has a Yearly Dividend Yield of 2.97%.
Compared to an average industry Dividend Yield of 3.72, AFG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, AFG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.97% |
5.2 History
The dividend of AFG decreases each year by -16.34%.
Dividend Growth(5Y)-16.34%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
AFG pays out 55.38% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP55.38%
EPS Next 2Y30.86%
EPS Next 3Y22.17%
OSL:AFG (9/19/2025, 4:19:48 PM)
169.8
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners14.86%
Inst Owner ChangeN/A
Ins Owners4.64%
Ins Owner ChangeN/A
Market Cap18.43B
Analysts46.67
Price Target164.9 (-2.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.97% |
Yearly Dividend3.49
Dividend Growth(5Y)-16.34%
DP55.38%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.67%
Min EPS beat(2)-27.73%
Max EPS beat(2)29.08%
EPS beat(4)2
Avg EPS beat(4)3.5%
Min EPS beat(4)-27.73%
Max EPS beat(4)29.08%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-1.06%
Min Revenue beat(2)-5.26%
Max Revenue beat(2)3.14%
Revenue beat(4)2
Avg Revenue beat(4)-0.02%
Min Revenue beat(4)-5.26%
Max Revenue beat(4)3.22%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)10.54%
PT rev (3m)13.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-6.47%
EPS NY rev (3m)-6.47%
Revenue NQ rev (1m)-0.88%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.68%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.76 | ||
| Fwd PE | 16.57 | ||
| P/S | 0.6 | ||
| P/FCF | 7.88 | ||
| P/OCF | 7.88 | ||
| P/B | 7.34 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.03 |
EPS(TTM)9.05
EY5.33%
EPS(NY)10.25
Fwd EY6.04%
FCF(TTM)21.54
FCFY12.69%
OCF(TTM)21.54
OCFY12.69%
SpS283.2
BVpS23.13
TBVpS-19.68
PEG (NY)0.39
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 39.28% | ||
| ROCE | 26.4% | ||
| ROIC | 19.85% | ||
| ROICexc | 24.12% | ||
| ROICexgc | N/A | ||
| OM | 4.52% | ||
| PM (TTM) | 3.21% | ||
| GM | 35.36% | ||
| FCFM | 7.61% |
ROA(3y)4.7%
ROA(5y)5.88%
ROE(3y)27.22%
ROE(5y)31.5%
ROIC(3y)15.77%
ROIC(5y)17.17%
ROICexc(3y)18.71%
ROICexc(5y)20.81%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)20.97%
ROCE(5y)23.25%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-8.52%
ROICexc growth 5Y-2.24%
OM growth 3Y-13.09%
OM growth 5Y-7.84%
PM growth 3Y-14.18%
PM growth 5Y-9.36%
GM growth 3Y2.15%
GM growth 5Y0.2%
F-Score6
Asset Turnover1.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 0.71 | ||
| Debt/EBITDA | 0.57 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 15.62 | ||
| Cash Conversion | 110.13% | ||
| Profit Quality | 237.12% | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 2.95 |
F-Score6
WACC8.37%
ROIC/WACC2.37
Cap/Depr(3y)61.46%
Cap/Depr(5y)51.82%
Cap/Sales(3y)1.17%
Cap/Sales(5y)1.01%
Profit Quality(3y)217.38%
Profit Quality(5y)174.12%
High Growth Momentum
Growth
EPS 1Y (TTM)176.68%
EPS 3Y-12.01%
EPS 5Y-5.07%
EPS Q2Q%3657.14%
EPS Next Y47.51%
EPS Next 2Y30.86%
EPS Next 3Y22.17%
EPS Next 5YN/A
Revenue 1Y (TTM)2.03%
Revenue growth 3Y3.21%
Revenue growth 5Y6.26%
Sales Q2Q%2.05%
Revenue Next Year3.43%
Revenue Next 2Y4.06%
Revenue Next 3Y3.83%
Revenue Next 5YN/A
EBIT growth 1Y119.94%
EBIT growth 3Y-10.31%
EBIT growth 5Y-2.07%
EBIT Next Year120.87%
EBIT Next 3Y37.09%
EBIT Next 5YN/A
FCF growth 1Y435.01%
FCF growth 3Y17.55%
FCF growth 5Y10.63%
OCF growth 1Y435.01%
OCF growth 3Y16.15%
OCF growth 5Y8.01%