AF GRUPPEN ASA (AFG.OL) Stock Fundamental Analysis
Europe - OSL:AFG - NO0003078107 - Common Stock
167 NOK
-4.4 (-2.57%)
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.
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
Looking at the Return On Assets, with a value of 6.31%, AFG is in the better half of the industry, outperforming 67.39% of the companies in the same industry.
The Return On Equity of AFG (39.28%) is better than 80.43% of its industry peers.
AFG has a better Return On Invested Capital (19.85%) than 84.78% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AFG is above the industry average of 11.79%.
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's Profit Margin of 3.21% is in line compared to the rest of the industry. AFG outperforms 41.30% of its industry peers.
In the last couple of years the Profit Margin of AFG has declined.
AFG has a Operating Margin of 4.52%. This is in the lower half of the industry: AFG underperforms 65.22% of its industry peers.
AFG's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 35.36%, AFG is in line with its industry, outperforming 41.30% of the companies in the same 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.
AFG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AFG has an improved debt to assets ratio.
2.2 Solvency
AFG has an Altman-Z score of 2.96. 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 (2.96) is better than 80.43% 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.
With an excellent Debt to FCF ratio value of 0.71, AFG belongs to the best of the industry, outperforming 93.48% of the companies in the same industry.
AFG has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AFG (0.48) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 0.71 | ||
| Altman-Z | 2.96 |
ROIC/WACC2.36
WACC8.42%
2.3 Liquidity
A Current Ratio of 0.65 indicates that AFG may have some problems paying its short term obligations.
AFG's Current ratio of 0.65 is on the low side compared to the rest of the industry. AFG is outperformed by 95.65% of its industry peers.
A Quick Ratio of 0.62 indicates that AFG may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.62, AFG is doing worse than 93.48% of the companies in the same industry.
| 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.
AFG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.07% yearly.
Looking at the last year, AFG shows a small growth in Revenue. The Revenue has grown by 2.03% in the last year.
AFG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.26% yearly.
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
The Earnings Per Share is expected to grow by 24.94% on average over the next years. This is a very strong growth
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 3Y24.94%
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
The Price/Earnings ratio is 18.45, which indicates a rather expensive current valuation of AFG.
71.74% of the companies in the same industry are cheaper than AFG, based on the Price/Earnings ratio.
AFG's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.51.
A Price/Forward Earnings ratio of 15.40 indicates a correct valuation of AFG.
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 63.04% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of AFG to the average of the S&P500 Index (22.53), we can say AFG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.45 | ||
| Fwd PE | 15.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AFG is on the same level as its industry peers.
80.43% of the companies in the same industry are more expensive than AFG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.75 | ||
| EV/EBITDA | 9.11 |
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.
A more expensive valuation may be justified as AFG's earnings are expected to grow with 24.94% in the coming years.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y34.6%
EPS Next 3Y24.94%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.94%, AFG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.64, AFG pays a bit more dividend than its industry peers.
AFG's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
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 3Y24.94%
OSL:AFG (11/4/2025, 4:19:51 PM)
167
-4.4 (-2.57%)
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 Cap18.12B
Revenue(TTM)30.74B
Net Income(TTM)986.00M
Analysts74.29
Price Target164.9 (-1.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
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 | 18.45 | ||
| Fwd PE | 15.4 | ||
| P/S | 0.59 | ||
| P/FCF | 7.75 | ||
| P/OCF | 7.75 | ||
| P/B | 7.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.11 |
EPS(TTM)9.05
EY5.42%
EPS(NY)10.84
Fwd EY6.49%
FCF(TTM)21.54
FCFY12.9%
OCF(TTM)21.54
OCFY12.9%
SpS283.2
BVpS23.13
TBVpS-19.68
PEG (NY)0.29
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 | 2.96 |
F-Score6
WACC8.42%
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 3Y24.94%
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 18.45 and the Price/Book (PB) ratio is 7.22.
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.