VEIDEKKE ASA (VEI.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:VEI - NO0005806802 - Common Stock
170.4 NOK
0 (0%)
Taking everything into account, VEI scores 5 out of 10 in our fundamental rating. VEI was compared to 46 industry peers in the Construction & Engineering industry. VEI scores excellent on profitability, but there are some minor concerns on its financial health. VEI has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year VEI was profitable.
In the past year VEI had a positive cash flow from operations.
Each year in the past 5 years VEI has been profitable.
Each year in the past 5 years VEI had a positive operating cash flow.
1.2 Ratios
VEI has a better Return On Assets (6.94%) than 71.74% of its industry peers.
VEI has a better Return On Equity (51.36%) than 89.13% of its industry peers.
VEI has a Return On Invested Capital of 23.49%. This is amongst the best in the industry. VEI outperforms 89.13% of its industry peers.
VEI had an Average Return On Invested Capital over the past 3 years of 20.02%. This is significantly above the industry average of 11.87%.
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 is not doing good in the industry: 63.04% of the companies in the same industry are doing better.
VEI's Profit Margin has improved in the last couple of years.
VEI has a Operating Margin of 3.71%. This is in the lower half of the industry: VEI underperforms 76.09% of its industry peers.
VEI's Operating Margin has improved in the last couple of years.
VEI's Gross Margin of 38.09% is in line compared to the rest of the industry. VEI outperforms 47.83% of its industry peers.
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
VEI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
VEI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, VEI has about the same amount of shares outstanding.
VEI has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.28 indicates that VEI is not in any danger for bankruptcy at the moment.
VEI has a better Altman-Z score (3.28) than 84.78% of its industry peers.
The Debt to FCF ratio of VEI is 0.20, which is an excellent value as it means it would take VEI, only 0.20 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of VEI (0.20) is better than 97.83% of its industry peers.
A Debt/Equity ratio of 0.14 indicates that VEI is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.14, VEI is doing good in the industry, outperforming 78.26% of the companies in the same industry.
| 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.
VEI has a worse Current ratio (0.76) than 91.30% of its industry peers.
A Quick Ratio of 0.69 indicates that VEI may have some problems paying 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 86.96% 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.
Measured over the past years, VEI shows a small growth in Revenue. The Revenue has been growing by 4.85% on average per year.
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
The Earnings Per Share is expected to grow by 9.34% on average over the next years. This is quite good.
Based on estimates for the next years, VEI will show a small growth in Revenue. The Revenue will grow by 4.06% on average per year.
EPS Next Y17.24%
EPS Next 2Y12.91%
EPS Next 3Y11.63%
EPS Next 5Y9.34%
Revenue Next Year-2.21%
Revenue Next 2Y0.74%
Revenue Next 3Y2.64%
Revenue Next 5Y4.06%
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 decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 17.21, VEI is valued on the expensive side.
VEI's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.34. VEI is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 16.92, which indicates a correct valuation of VEI.
Based on the Price/Forward Earnings ratio, VEI is valued a bit more expensive than 63.04% of the companies in the same industry.
VEI is valuated rather cheaply 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 | 17.21 | ||
| Fwd PE | 16.92 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VEI.
Based on the Price/Free Cash Flow ratio, VEI is valued a bit cheaper than 60.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.93 | ||
| EV/EBITDA | 8.09 |
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.
VEI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1
PEG (5Y)1.18
EPS Next 2Y12.91%
EPS Next 3Y11.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.37%, VEI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.44, VEI pays a better dividend. On top of this VEI pays more dividend than 95.65% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, VEI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.37% |
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
VEI pays out 95.74% of its income as dividend. This is not a sustainable payout ratio.
VEI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP95.74%
EPS Next 2Y12.91%
EPS Next 3Y11.63%
OSL:VEI (12/9/2025, 4:19:48 PM)
170.4
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 Cap23.00B
Revenue(TTM)43.05B
Net Income(TTM)1.27B
Analysts48
Price Target169.83 (-0.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.37% |
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)0.15%
EPS NY rev (3m)0.66%
Revenue NQ rev (1m)-1.17%
Revenue NQ rev (3m)-0.32%
Revenue NY rev (1m)-0.39%
Revenue NY rev (3m)0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.21 | ||
| Fwd PE | 16.92 | ||
| P/S | 0.55 | ||
| P/FCF | 11.93 | ||
| P/OCF | 9.22 | ||
| P/B | 9.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.09 |
EPS(TTM)9.9
EY5.81%
EPS(NY)10.07
Fwd EY5.91%
FCF(TTM)14.28
FCFY8.38%
OCF(TTM)18.48
OCFY10.84%
SpS307.56
BVpS18.31
TBVpS-0.8
PEG (NY)1
PEG (5Y)1.18
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 2Y12.91%
EPS Next 3Y11.63%
EPS Next 5Y9.34%
Revenue 1Y (TTM)11.37%
Revenue growth 3Y4.12%
Revenue growth 5Y4.85%
Sales Q2Q%10.35%
Revenue Next Year-2.21%
Revenue Next 2Y0.74%
Revenue Next 3Y2.64%
Revenue Next 5Y4.06%
EBIT growth 1Y-4.7%
EBIT growth 3Y1.29%
EBIT growth 5Y17.1%
EBIT Next Year80.21%
EBIT Next 3Y26.26%
EBIT Next 5Y21.16%
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 17.21 and the Price/Book (PB) ratio is 9.31.
How financially healthy is VEIDEKKE ASA?
The financial health rating of VEIDEKKE ASA (VEI.OL) is 5 / 10.