AF GRUPPEN ASA (AFG.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:AFG - NO0003078107 - Common Stock
184.6 NOK
0 (0%)
We assign a fundamental rating of 5 out of 10 to AFG. AFG was compared to 46 industry peers in the Construction & Engineering industry. AFG has an average financial health and profitability rating. AFG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AFG had positive earnings in the past year.
AFG had a positive operating cash flow in the past year.
Each year in the past 5 years AFG has been profitable.
In the past 5 years AFG always reported a positive cash flow from operatings.
1.2 Ratios
AFG has a better Return On Assets (6.31%) than 67.39% of its industry peers.
AFG's Return On Equity of 39.28% is amongst the best of the industry. AFG outperforms 80.43% of its industry peers.
AFG's Return On Invested Capital of 19.85% is amongst the best of the industry. AFG outperforms 84.78% 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 11.87%.
The last Return On Invested Capital (19.85%) for AFG is above the 3 year average (15.77%), which is a sign of increasing profitability.
| 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 in the lower half of the industry: AFG underperforms 60.87% of its industry peers.
AFG's Profit Margin has declined in the last couple of years.
AFG has a Operating Margin of 4.52%. This is in the lower half of the industry: AFG underperforms 67.39% of its industry peers.
In the last couple of years the Operating Margin of AFG has declined.
AFG has a Gross Margin (35.36%) which is in line with 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), AFG is creating value.
AFG has more shares outstanding than it did 1 year ago.
AFG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AFG has been reduced compared to a year ago.
2.2 Solvency
AFG has an Altman-Z score of 3.04. This indicates that AFG is financially healthy and has little risk of bankruptcy at the moment.
AFG's Altman-Z score of 3.04 is amongst the best of the industry. AFG outperforms 80.43% of its industry peers.
AFG has a debt to FCF ratio of 0.71. This is a very positive value and a sign of high solvency as it would only need 0.71 years to pay back of all of its debts.
AFG has a Debt to FCF ratio of 0.71. This is amongst the best in the industry. AFG outperforms 91.30% 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 58.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 0.71 | ||
| Altman-Z | 3.04 |
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.
Looking at the Current ratio, with a value of 0.65, AFG is doing worse than 95.65% of the companies in the same industry.
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.
AFG's Quick ratio of 0.62 is on the low side compared to the rest of the industry. AFG is outperformed by 93.48% 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 negative growth in Earnings Per Share. In the last year the EPS decreased by -58.26%.
Measured over the past years, AFG shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.87% on average per year.
The Revenue has decreased by -2.16% in the past year.
The Revenue has been growing by 10.22% on average over the past years. This is quite good.
EPS 1Y (TTM)-58.26%
EPS 3Y-26.11%
EPS 5Y-13.87%
EPS Q2Q%27.03%
Revenue 1Y (TTM)-2.16%
Revenue growth 3Y4.15%
Revenue growth 5Y10.22%
Sales Q2Q%8.31%
3.2 Future
The Earnings Per Share is expected to grow by 32.61% on average over the next years. This is a very strong growth
Based on estimates for the next years, AFG will show a small growth in Revenue. The Revenue will grow by 3.15% on average per year.
EPS Next Y60.01%
EPS Next 2Y61.77%
EPS Next 3Y41.5%
EPS Next 5Y32.61%
Revenue Next Year-1.37%
Revenue Next 2Y1.69%
Revenue Next 3Y3.06%
Revenue Next 5Y3.15%
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.
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
AFG is valuated rather expensively with a Price/Earnings ratio of 19.33.
63.04% of the companies in the same industry are cheaper than AFG, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of AFG to the average of the S&P500 Index (26.34), we can say AFG is valued slightly cheaper.
A Price/Forward Earnings ratio of 18.86 indicates a rather expensive valuation of AFG.
67.39% of the companies in the same industry are cheaper than AFG, based on the Price/Forward Earnings ratio.
AFG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.33 | ||
| Fwd PE | 18.86 |
4.2 Price Multiples
AFG's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, AFG is valued a bit cheaper than the industry average as 78.26% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.69 | ||
| EV/EBITDA | 9.92 |
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.
AFG has a very decent profitability rating, which may justify a higher PE ratio.
AFG's earnings are expected to grow with 41.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.32
PEG (5Y)N/A
EPS Next 2Y61.77%
EPS Next 3Y41.5%
5. Dividend
5.1 Amount
AFG has a Yearly Dividend Yield of 2.76%. Purely for dividend investing, there may be better candidates out there.
AFG's Dividend Yield is a higher than the industry average which is at 3.44.
AFG's Dividend Yield is comparable with the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
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 2Y61.77%
EPS Next 3Y41.5%
OSL:AFG (12/9/2025, 4:01:54 PM)
184.6
0 (0%)
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 Cap20.32B
Revenue(TTM)30.53B
Net Income(TTM)986.00M
Analysts46.67
Price Target185.64 (0.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
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)12.58%
PT rev (3m)12.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.15%
EPS NY rev (3m)10.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.38%
Revenue NY rev (3m)3.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.33 | ||
| Fwd PE | 18.86 | ||
| P/S | 0.66 | ||
| P/FCF | 8.69 | ||
| P/OCF | 8.69 | ||
| P/B | 8.09 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.92 |
EPS(TTM)9.55
EY5.17%
EPS(NY)9.79
Fwd EY5.3%
FCF(TTM)21.24
FCFY11.51%
OCF(TTM)21.24
OCFY11.51%
SpS279.27
BVpS22.81
TBVpS-19.41
PEG (NY)0.32
PEG (5Y)N/A
Graham Number70
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 | 3.04 |
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)-58.26%
EPS 3Y-26.11%
EPS 5Y-13.87%
EPS Q2Q%27.03%
EPS Next Y60.01%
EPS Next 2Y61.77%
EPS Next 3Y41.5%
EPS Next 5Y32.61%
Revenue 1Y (TTM)-2.16%
Revenue growth 3Y4.15%
Revenue growth 5Y10.22%
Sales Q2Q%8.31%
Revenue Next Year-1.37%
Revenue Next 2Y1.69%
Revenue Next 3Y3.06%
Revenue Next 5Y3.15%
EBIT growth 1Y119.94%
EBIT growth 3Y-10.31%
EBIT growth 5Y-2.07%
EBIT Next Year133.4%
EBIT Next 3Y38.96%
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 19.33 and the Price/Book (PB) ratio is 8.09.
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 60.01% in the next year.