AF GRUPPEN ASA (AFG.OL) Stock Fundamental Analysis
Europe - OSL:AFG - NO0003078107 - Common Stock
171.8 NOK
-9 (-4.98%)
Overall AFG gets a fundamental rating of 5 out of 10. We evaluated AFG against 43 industry peers in the Construction & Engineering industry. AFG has an average financial health and profitability rating. 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
With a decent Return On Assets value of 6.31%, AFG is doing good in the industry, outperforming 69.77% of the companies in the same industry.
AFG has a better Return On Equity (39.28%) than 76.74% of its industry peers.
AFG has a Return On Invested Capital of 19.85%. This is amongst the best in the industry. AFG outperforms 86.05% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AFG is above the industry average of 11.09%.
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
AFG has a Profit Margin of 3.21%. This is comparable to the rest of the industry: AFG outperforms 44.19% of its industry peers.
In the last couple of years the Profit Margin of AFG has declined.
Looking at the Operating Margin, with a value of 4.52%, AFG is doing worse than 65.12% of the companies in the same industry.
AFG's Operating Margin has declined in the last couple of years.
AFG's Gross Margin of 35.36% is in line compared to the rest of the industry. AFG outperforms 41.86% of its industry peers.
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.
Compared to 1 year ago, AFG has more shares outstanding
Compared to 5 years ago, AFG has more shares outstanding
The debt/assets ratio for AFG has been reduced compared to a year ago.
2.2 Solvency
AFG has an Altman-Z score of 3.01. This indicates that AFG is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.01, AFG belongs to the best of the industry, outperforming 83.72% of the companies in the same industry.
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.
The Debt to FCF ratio of AFG (0.71) is better than 90.70% 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.
Looking at the Debt to Equity ratio, with a value of 0.48, AFG is in line with its industry, outperforming 58.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 0.71 | ||
| Altman-Z | 3.01 |
ROIC/WACC2.36
WACC8.43%
2.3 Liquidity
AFG has a Current Ratio of 0.65. This is a bad value and indicates that AFG is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of AFG (0.65) is worse than 97.67% of its industry peers.
AFG has a Quick Ratio of 0.65. This is a bad value and indicates that AFG is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.62, AFG is not doing good in the industry: 95.35% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 176.68% over the past year.
The Earnings Per Share has been decreasing by -5.07% on average over the past years.
The Revenue has been growing slightly by 2.03% in the past 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 25.01% on average per year.
The Revenue is expected to grow by 3.83% on average over the next years.
EPS Next Y63.8%
EPS Next 2Y34.6%
EPS Next 3Y25.01%
EPS Next 5YN/A
Revenue Next Year3.43%
Revenue Next 2Y4.06%
Revenue Next 3Y3.83%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.98, the valuation of AFG can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of AFG indicates a slightly more expensive valuation: AFG is more expensive than 67.44% of the companies listed in the same industry.
AFG is valuated rather cheaply when we compare the Price/Earnings ratio to 25.56, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.85 indicates a correct valuation of AFG.
Based on the Price/Forward Earnings ratio, AFG is valued a bit more expensive than 67.44% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AFG to the average of the S&P500 Index (34.62), we can say AFG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.98 | ||
| Fwd PE | 15.85 |
4.2 Price Multiples
AFG's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AFG indicates a somewhat cheap valuation: AFG is cheaper than 74.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.97 | ||
| EV/EBITDA | 9.59 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of AFG may justify a higher PE ratio.
AFG's earnings are expected to grow with 25.01% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y34.6%
EPS Next 3Y25.01%
5. Dividend
5.1 Amount
AFG has a Yearly Dividend Yield of 2.96%.
Compared to an average industry Dividend Yield of 3.43, AFG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, AFG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
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
55.38% of the earnings are spent on dividend by AFG. This is a bit on the high side, but may be sustainable.
DP55.38%
EPS Next 2Y34.6%
EPS Next 3Y25.01%
OSL:AFG (11/18/2025, 4:19:46 PM)
171.8
-9 (-4.98%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners15.08%
Inst Owner ChangeN/A
Ins Owners4.64%
Ins Owner ChangeN/A
Market Cap18.65B
Revenue(TTM)30.74B
Net Income(TTM)986.00M
Analysts74.29
Price Target164.9 (-4.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
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)0%
PT rev (3m)10.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)3.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.88%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.98 | ||
| Fwd PE | 15.85 | ||
| P/S | 0.61 | ||
| P/FCF | 7.97 | ||
| P/OCF | 7.97 | ||
| P/B | 7.43 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.59 |
EPS(TTM)9.05
EY5.27%
EPS(NY)10.84
Fwd EY6.31%
FCF(TTM)21.54
FCFY12.54%
OCF(TTM)21.54
OCFY12.54%
SpS283.2
BVpS23.13
TBVpS-19.68
PEG (NY)0.3
PEG (5Y)N/A
Graham Number68.62
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%
ROICexgc growth 3YN/A
ROICexgc 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 | 3.01 |
F-Score6
WACC8.43%
ROIC/WACC2.36
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 Y63.8%
EPS Next 2Y34.6%
EPS Next 3Y25.01%
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 Year131.26%
EBIT Next 3Y38.44%
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%
AF GRUPPEN ASA / AFG.OL FAQ
What is the ChartMill fundamental rating of AF GRUPPEN ASA (AFG.OL) stock?
ChartMill assigns a fundamental rating of 5 / 10 to AFG.OL.
Can you provide the valuation status for AF GRUPPEN ASA?
ChartMill assigns a valuation rating of 5 / 10 to AF GRUPPEN ASA (AFG.OL). This can be considered as Fairly Valued.
How profitable is AF GRUPPEN ASA (AFG.OL) stock?
AF GRUPPEN ASA (AFG.OL) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for AFG stock?
The Price/Earnings (PE) ratio for AF GRUPPEN ASA (AFG.OL) is 18.98 and the Price/Book (PB) ratio is 7.43.
Can you provide the expected EPS growth for AFG stock?
The Earnings per Share (EPS) of AF GRUPPEN ASA (AFG.OL) is expected to grow by 63.8% in the next year.