VEIDEKKE ASA (VEI.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:VEI - NO0005806802 - Common Stock
169 NOK
0 (0%)
Overall VEI gets a fundamental rating of 5 out of 10. We evaluated VEI against 44 industry peers in the Construction & Engineering industry. While VEI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. VEI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year VEI was profitable.
VEI had a positive operating cash flow in the past year.
VEI had positive earnings in each of the past 5 years.
In the past 5 years VEI always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 6.94%, VEI is doing good in the industry, outperforming 77.27% of the companies in the same industry.
Looking at the Return On Equity, with a value of 51.36%, VEI belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
With an excellent Return On Invested Capital value of 23.49%, VEI belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
VEI had an Average Return On Invested Capital over the past 3 years of 20.02%. This is significantly above the industry average of 10.86%.
The last Return On Invested Capital (23.49%) for VEI is above the 3 year average (20.02%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.94% | ||
| ROE | 51.36% | ||
| ROIC | 23.49% |
ROA(3y)6.25%
ROA(5y)7.26%
ROE(3y)36.63%
ROE(5y)43.49%
ROIC(3y)20.02%
ROIC(5y)18.85%
1.3 Margins
With a Profit Margin value of 3.06%, VEI perfoms like the industry average, outperforming 43.18% of the companies in the same industry.
In the last couple of years the Profit Margin of VEI has grown nicely.
VEI has a Operating Margin of 3.71%. This is in the lower half of the industry: VEI underperforms 72.73% of its industry peers.
VEI's Operating Margin has improved in the last couple of years.
The Gross Margin of VEI (38.09%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of VEI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.71% | ||
| PM (TTM) | 3.06% | ||
| GM | 38.09% |
OM growth 3Y-1.78%
OM growth 5Y14.32%
PM growth 3Y6.26%
PM growth 5Y4.12%
GM growth 3Y2.65%
GM growth 5Y1.43%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), VEI is creating value.
VEI has about the same amout of shares outstanding than it did 1 year ago.
VEI has about the same amout of shares outstanding than it did 5 years ago.
VEI has a worse debt/assets ratio than last year.
2.2 Solvency
VEI has an Altman-Z score of 3.28. This indicates that VEI is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of VEI (3.28) is better than 90.91% of its industry peers.
VEI has a debt to FCF ratio of 0.20. This is a very positive value and a sign of high solvency as it would only need 0.20 years to pay back of all of its debts.
VEI has a better Debt to FCF ratio (0.20) than 97.73% of its industry peers.
A Debt/Equity ratio of 0.14 indicates that VEI is not too dependend on debt financing.
VEI's Debt to Equity ratio of 0.14 is fine compared to the rest of the industry. VEI outperforms 79.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.2 | ||
| Altman-Z | 3.28 |
ROIC/WACC2.82
WACC8.33%
2.3 Liquidity
A Current Ratio of 0.76 indicates that VEI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.76, VEI is doing worse than 93.18% of the companies in the same industry.
VEI has a Quick Ratio of 0.76. This is a bad value and indicates that VEI is not financially healthy enough and could expect problems in meeting its short term obligations.
VEI's Quick ratio of 0.69 is on the low side compared to the rest of the industry. VEI is outperformed by 88.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The earnings per share for VEI have decreased by -4.75% in the last year.
VEI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.58% yearly.
The Revenue has grown by 11.37% in the past year. This is quite good.
The Revenue has been growing slightly by 4.85% on average over the past years.
EPS 1Y (TTM)-4.75%
EPS 3Y-20.29%
EPS 5Y14.58%
EPS Q2Q%17.65%
Revenue 1Y (TTM)11.37%
Revenue growth 3Y4.12%
Revenue growth 5Y4.85%
Sales Q2Q%10.35%
3.2 Future
Based on estimates for the next years, VEI will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.38% on average per year.
Based on estimates for the next years, VEI will show a small growth in Revenue. The Revenue will grow by 2.56% on average per year.
EPS Next Y17.24%
EPS Next 2Y12.83%
EPS Next 3Y11.52%
EPS Next 5Y9.38%
Revenue Next Year-2.21%
Revenue Next 2Y0.94%
Revenue Next 3Y2.53%
Revenue Next 5Y2.56%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 17.07 indicates a rather expensive valuation of VEI.
VEI's Price/Earnings is on the same level as the industry average.
VEI is valuated rather cheaply when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 16.80, the valuation of VEI can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VEI indicates a slightly more expensive valuation: VEI is more expensive than 65.91% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.79, VEI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.07 | ||
| Fwd PE | 16.8 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VEI is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as VEI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.84 | ||
| EV/EBITDA | 8.08 |
4.3 Compensation for Growth
VEI'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 VEI may justify a higher PE ratio.
PEG (NY)0.99
PEG (5Y)1.17
EPS Next 2Y12.83%
EPS Next 3Y11.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.46%, VEI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.70, VEI pays a better dividend. On top of this VEI pays more dividend than 93.18% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, VEI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
5.2 History
The dividend of VEI is nicely growing with an annual growth rate of 9.66%!
Dividend Growth(5Y)9.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
95.74% of the earnings are spent on dividend by VEI. This is not a sustainable payout ratio.
The dividend of VEI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP95.74%
EPS Next 2Y12.83%
EPS Next 3Y11.52%
OSL:VEI (11/25/2025, 7:00:00 PM)
169
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners41.48%
Inst Owner ChangeN/A
Ins Owners0.13%
Ins Owner ChangeN/A
Market Cap22.81B
Revenue(TTM)43.05B
Net Income(TTM)1.27B
Analysts46
Price Target169.83 (0.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
Yearly Dividend7.9
Dividend Growth(5Y)9.66%
DP95.74%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-542.36%
Min EPS beat(2)-1087.88%
Max EPS beat(2)3.16%
EPS beat(4)2
Avg EPS beat(4)-269.87%
Min EPS beat(4)-1087.88%
Max EPS beat(4)5.79%
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)-2%
Min Revenue beat(2)-4.59%
Max Revenue beat(2)0.6%
Revenue beat(4)1
Avg Revenue beat(4)-2.27%
Min Revenue beat(4)-4.81%
Max Revenue beat(4)0.6%
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)0.45%
PT rev (3m)2.78%
EPS NQ rev (1m)-1.45%
EPS NQ rev (3m)-1.89%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.5%
Revenue NQ rev (1m)-1.17%
Revenue NQ rev (3m)-0.32%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.07 | ||
| Fwd PE | 16.8 | ||
| P/S | 0.55 | ||
| P/FCF | 11.84 | ||
| P/OCF | 9.15 | ||
| P/B | 9.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.08 |
EPS(TTM)9.9
EY5.86%
EPS(NY)10.06
Fwd EY5.95%
FCF(TTM)14.28
FCFY8.45%
OCF(TTM)18.48
OCFY10.93%
SpS307.56
BVpS18.31
TBVpS-0.8
PEG (NY)0.99
PEG (5Y)1.17
Graham Number63.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.94% | ||
| ROE | 51.36% | ||
| ROCE | 29.35% | ||
| ROIC | 23.49% | ||
| ROICexc | 31.14% | ||
| ROICexgc | 89.22% | ||
| OM | 3.71% | ||
| PM (TTM) | 3.06% | ||
| GM | 38.09% | ||
| FCFM | 4.64% |
ROA(3y)6.25%
ROA(5y)7.26%
ROE(3y)36.63%
ROE(5y)43.49%
ROIC(3y)20.02%
ROIC(5y)18.85%
ROICexc(3y)44.25%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)25.02%
ROCE(5y)23.56%
ROICexgc growth 3YN/A
ROICexgc growth 5Y100.05%
ROICexc growth 3YN/A
ROICexc growth 5Y50.39%
OM growth 3Y-1.78%
OM growth 5Y14.32%
PM growth 3Y6.26%
PM growth 5Y4.12%
GM growth 3Y2.65%
GM growth 5Y1.43%
F-Score5
Asset Turnover2.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.2 | ||
| Debt/EBITDA | 0.13 | ||
| Cap/Depr | 50.4% | ||
| Cap/Sales | 1.37% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 93.51% | ||
| Profit Quality | 151.85% | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 3.28 |
F-Score5
WACC8.33%
ROIC/WACC2.82
Cap/Depr(3y)86.37%
Cap/Depr(5y)89.78%
Cap/Sales(3y)2.15%
Cap/Sales(5y)2.21%
Profit Quality(3y)115.69%
Profit Quality(5y)141.1%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.75%
EPS 3Y-20.29%
EPS 5Y14.58%
EPS Q2Q%17.65%
EPS Next Y17.24%
EPS Next 2Y12.83%
EPS Next 3Y11.52%
EPS Next 5Y9.38%
Revenue 1Y (TTM)11.37%
Revenue growth 3Y4.12%
Revenue growth 5Y4.85%
Sales Q2Q%10.35%
Revenue Next Year-2.21%
Revenue Next 2Y0.94%
Revenue Next 3Y2.53%
Revenue Next 5Y2.56%
EBIT growth 1Y-4.7%
EBIT growth 3Y1.29%
EBIT growth 5Y17.1%
EBIT Next Year79.21%
EBIT Next 3Y25.32%
EBIT Next 5YN/A
FCF growth 1Y95.83%
FCF growth 3Y3.8%
FCF growth 5Y17.06%
OCF growth 1Y32.66%
OCF growth 3Y0.47%
OCF growth 5Y9.79%
VEIDEKKE ASA / VEI.OL FAQ
Can you provide the ChartMill fundamental rating for VEIDEKKE ASA?
ChartMill assigns a fundamental rating of 5 / 10 to VEI.OL.
What is the valuation status of VEIDEKKE ASA (VEI.OL) stock?
ChartMill assigns a valuation rating of 4 / 10 to VEIDEKKE ASA (VEI.OL). This can be considered as Fairly Valued.
How profitable is VEIDEKKE ASA (VEI.OL) stock?
VEIDEKKE ASA (VEI.OL) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for VEI stock?
The Price/Earnings (PE) ratio for VEIDEKKE ASA (VEI.OL) is 17.07 and the Price/Book (PB) ratio is 9.23.
How financially healthy is VEIDEKKE ASA?
The financial health rating of VEIDEKKE ASA (VEI.OL) is 5 / 10.