AF GRUPPEN ASA (AFG.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:AFG - NO0003078107 - Common Stock
184.4 NOK
-2.2 (-1.18%)
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 only an average score on both its financial health and profitability. 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.
In the past 5 years AFG always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AFG (6.16%) is better than 69.77% of its industry peers.
The Return On Equity of AFG (38.14%) is better than 79.07% of its industry peers.
AFG has a better Return On Invested Capital (19.65%) than 83.72% of its industry peers.
AFG had an Average Return On Invested Capital over the past 3 years of 15.77%. This is above the industry average of 11.24%.
The last Return On Invested Capital (19.65%) for AFG is above the 3 year average (15.77%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.16% | ||
| ROE | 38.14% | ||
| ROIC | 19.65% |
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 (3.33%) is comparable to the rest of the industry.
AFG's Profit Margin has declined in the last couple of years.
The Operating Margin of AFG (4.69%) is worse than 62.79% of its industry peers.
AFG's Operating Margin has declined in the last couple of years.
AFG's Gross Margin of 34.66% is on the low side compared to the rest of the industry. AFG is outperformed by 60.47% 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 | 4.69% | ||
| PM (TTM) | 3.33% | ||
| GM | 34.66% |
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
The number of shares outstanding for AFG has been increased compared to 5 years ago.
AFG has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.94 indicates that AFG is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.94, AFG is in the better half of the industry, outperforming 76.74% of the companies in the same industry.
AFG has a debt to FCF ratio of 0.53. This is a very positive value and a sign of high solvency as it would only need 0.53 years to pay back of all of its debts.
AFG's Debt to FCF ratio of 0.53 is amongst the best of the industry. AFG outperforms 95.35% of its industry peers.
A Debt/Equity ratio of 0.45 indicates that AFG is not too dependend on debt financing.
AFG has a Debt to Equity ratio of 0.45. This is in the better half of the industry: AFG outperforms 60.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 0.53 | ||
| Altman-Z | 2.94 |
ROIC/WACC2.33
WACC8.43%
2.3 Liquidity
AFG has a Current Ratio of 0.70. This is a bad value and indicates that AFG is not financially healthy enough and could expect problems in meeting its short term obligations.
AFG's Current ratio of 0.70 is on the low side compared to the rest of the industry. AFG is outperformed by 97.67% of its industry peers.
A Quick Ratio of 0.67 indicates that AFG may have some problems paying its short term obligations.
AFG's Quick ratio of 0.67 is on the low side compared to the rest of the industry. AFG is outperformed by 95.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
AFG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 103.53%, 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.
AFG shows a small growth in Revenue. In the last year, the Revenue has grown by 3.01%.
The Revenue has been growing slightly by 6.26% on average over the past years.
EPS 1Y (TTM)103.53%
EPS 3Y-12.01%
EPS 5Y-5.07%
EPS Q2Q%27.03%
Revenue 1Y (TTM)3.01%
Revenue growth 3Y3.21%
Revenue growth 5Y6.26%
Sales Q2Q%8.31%
3.2 Future
AFG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.56% yearly.
AFG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.70% yearly.
EPS Next Y63.54%
EPS Next 2Y33.06%
EPS Next 3Y24.56%
EPS Next 5YN/A
Revenue Next Year4.86%
Revenue Next 2Y5.36%
Revenue Next 3Y4.7%
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
A Price/Earnings ratio of 19.31 indicates a rather expensive valuation of AFG.
Compared to the rest of the industry, the Price/Earnings ratio of AFG indicates a slightly more expensive valuation: AFG is more expensive than 65.12% of the companies listed in the same industry.
AFG's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.19.
With a Price/Forward Earnings ratio of 17.40, AFG is valued on the expensive side.
AFG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. AFG is more expensive than 69.77% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.92. AFG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 17.4 |
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 cheaply inside the industry as 83.72% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.79 | ||
| EV/EBITDA | 9.13 |
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.
The decent profitability rating of AFG may justify a higher PE ratio.
A more expensive valuation may be justified as AFG's earnings are expected to grow with 24.56% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y33.06%
EPS Next 3Y24.56%
5. Dividend
5.1 Amount
AFG has a Yearly Dividend Yield of 2.68%.
AFG's Dividend Yield is comparable with the industry average which is at 2.43.
AFG's Dividend Yield is a higher than the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
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 52.35% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP52.35%
EPS Next 2Y33.06%
EPS Next 3Y24.56%
OSL:AFG (1/9/2026, 7:00:00 PM)
184.4
-2.2 (-1.18%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners15.15%
Inst Owner ChangeN/A
Ins Owners4.58%
Ins Owner ChangeN/A
Market Cap20.30B
Revenue(TTM)31.34B
Net Income(TTM)1.04B
Analysts46.67
Price Target185.64 (0.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
Yearly Dividend3.49
Dividend Growth(5Y)-16.34%
DP52.35%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.94%
Min EPS beat(2)10.8%
Max EPS beat(2)29.08%
EPS beat(4)3
Avg EPS beat(4)7.22%
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)2
Avg Revenue beat(2)4.2%
Min Revenue beat(2)3.14%
Max Revenue beat(2)5.26%
Revenue beat(4)3
Avg Revenue beat(4)1.59%
Min Revenue beat(4)-5.26%
Max Revenue beat(4)5.26%
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)12.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.83%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.15%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)1.37%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 17.4 | ||
| P/S | 0.65 | ||
| P/FCF | 6.79 | ||
| P/OCF | 6.79 | ||
| P/B | 7.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.13 |
EPS(TTM)9.55
EY5.18%
EPS(NY)10.59
Fwd EY5.75%
FCF(TTM)27.17
FCFY14.73%
OCF(TTM)27.17
OCFY14.73%
SpS284.71
BVpS24.85
TBVpS-17.63
PEG (NY)0.3
PEG (5Y)N/A
Graham Number73.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.16% | ||
| ROE | 38.14% | ||
| ROCE | 26.12% | ||
| ROIC | 19.65% | ||
| ROICexc | 27.64% | ||
| ROICexgc | N/A | ||
| OM | 4.69% | ||
| PM (TTM) | 3.33% | ||
| GM | 34.66% | ||
| FCFM | 9.54% |
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 Turnover1.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 0.53 | ||
| Debt/EBITDA | 0.55 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 18.61 | ||
| Cash Conversion | 134.93% | ||
| Profit Quality | 286.67% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 2.94 |
F-Score6
WACC8.43%
ROIC/WACC2.33
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)103.53%
EPS 3Y-12.01%
EPS 5Y-5.07%
EPS Q2Q%27.03%
EPS Next Y63.54%
EPS Next 2Y33.06%
EPS Next 3Y24.56%
EPS Next 5YN/A
Revenue 1Y (TTM)3.01%
Revenue growth 3Y3.21%
Revenue growth 5Y6.26%
Sales Q2Q%8.31%
Revenue Next Year4.86%
Revenue Next 2Y5.36%
Revenue Next 3Y4.7%
Revenue Next 5YN/A
EBIT growth 1Y90.91%
EBIT growth 3Y-10.31%
EBIT growth 5Y-2.07%
EBIT Next Year133.4%
EBIT Next 3Y38.96%
EBIT Next 5YN/A
FCF growth 1Y353.72%
FCF growth 3Y17.55%
FCF growth 5Y10.63%
OCF growth 1Y353.72%
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.
What is the valuation status of AF GRUPPEN ASA (AFG.OL) stock?
ChartMill assigns a valuation rating of 5 / 10 to AF GRUPPEN ASA (AFG.OL). This can be considered as Fairly Valued.
What is the profitability of AFG stock?
AF GRUPPEN ASA (AFG.OL) has a profitability rating of 6 / 10.
What is the valuation of AF GRUPPEN ASA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AF GRUPPEN ASA (AFG.OL) is 19.31 and the Price/Book (PB) ratio is 7.42.
What is the expected EPS growth for AF GRUPPEN ASA (AFG.OL) stock?
The Earnings per Share (EPS) of AF GRUPPEN ASA (AFG.OL) is expected to grow by 63.54% in the next year.