VEIDEKKE ASA (VEI.OL) Fundamental Analysis & Valuation
OSL:VEI • NO0005806802
Current stock price
184.8 NOK
-0.4 (-0.22%)
Last:
This VEI.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. VEI.OL Profitability Analysis
1.1 Basic Checks
- VEI had positive earnings in the past year.
- 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
- VEI's Return On Assets of 7.90% is amongst the best of the industry. VEI outperforms 86.67% of its industry peers.
- VEI's Return On Equity of 42.20% is amongst the best of the industry. VEI outperforms 93.33% of its industry peers.
- With an excellent Return On Invested Capital value of 24.89%, VEI belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for VEI is significantly above the industry average of 11.74%.
- The 3 year average ROIC (20.39%) for VEI is below the current ROIC(24.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.9% | ||
| ROE | 42.2% | ||
| ROIC | 24.89% |
ROA(3y)6.83%
ROA(5y)6.44%
ROE(3y)38.46%
ROE(5y)37.15%
ROIC(3y)20.39%
ROIC(5y)20.26%
1.3 Margins
- VEI has a Profit Margin of 3.60%. This is comparable to the rest of the industry: VEI outperforms 46.67% of its industry peers.
- In the last couple of years the Profit Margin of VEI has declined.
- Looking at the Operating Margin, with a value of 4.58%, VEI is doing worse than 66.67% of the companies in the same industry.
- In the last couple of years the Operating Margin of VEI has grown nicely.
- VEI has a Gross Margin (37.51%) which is in line with its industry peers.
- VEI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.58% | ||
| PM (TTM) | 3.6% | ||
| GM | 37.51% |
OM growth 3Y4.31%
OM growth 5Y6.65%
PM growth 3Y8.5%
PM growth 5Y-8.18%
GM growth 3Y0.72%
GM growth 5Y1.27%
2. VEI.OL Health Analysis
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 better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.56 indicates that VEI is not in any danger for bankruptcy at the moment.
- VEI has a better Altman-Z score (3.56) than 91.11% of its industry peers.
- The Debt to FCF ratio of VEI is 0.10, which is an excellent value as it means it would take VEI, only 0.10 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 0.10, VEI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- A Debt/Equity ratio of 0.04 indicates that VEI is not too dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.04, VEI belongs to the best of the industry, outperforming 95.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.1 | ||
| Altman-Z | 3.56 |
ROIC/WACC2.98
WACC8.34%
2.3 Liquidity
- VEI has a Current Ratio of 0.84. 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 Current ratio of 0.84 is on the low side compared to the rest of the industry. VEI is outperformed by 91.11% of its industry peers.
- A Quick Ratio of 0.78 indicates that VEI may have some problems paying its short term obligations.
- With a Quick ratio value of 0.78, VEI is not doing good in the industry: 88.89% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.78 |
3. VEI.OL Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 22.64% over the past year.
- Measured over the past years, VEI shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.08% on average per year.
- VEI shows a small growth in Revenue. In the last year, the Revenue has grown by 4.20%.
- Measured over the past years, VEI shows a small growth in Revenue. The Revenue has been growing by 2.45% on average per year.
EPS 1Y (TTM)22.64%
EPS 3Y11.19%
EPS 5Y-6.08%
EPS Q2Q%46.88%
Revenue 1Y (TTM)4.2%
Revenue growth 3Y3.65%
Revenue growth 5Y2.45%
Sales Q2Q%5.53%
3.2 Future
- VEI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.34% yearly.
- Based on estimates for the next years, VEI will show a small growth in Revenue. The Revenue will grow by 4.92% on average per year.
EPS Next Y4.39%
EPS Next 2Y4.45%
EPS Next 3Y4.34%
EPS Next 5YN/A
Revenue Next Year6.33%
Revenue Next 2Y5.54%
Revenue Next 3Y4.92%
Revenue Next 5YN/A
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 accelerating: in the next years the growth will be better than in the last years.
4. VEI.OL Valuation Analysis
4.1 Price/Earnings Ratio
- VEI is valuated correctly with a Price/Earnings ratio of 16.21.
- The rest of the industry has a similar Price/Earnings ratio as VEI.
- VEI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.42, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 15.53, which indicates a correct valuation of VEI.
- 62.22% of the companies in the same industry are cheaper than VEI, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 22.29. VEI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.21 | ||
| Fwd PE | 15.53 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, VEI is valued a bit cheaper than the industry average as 71.11% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of VEI indicates a somewhat cheap valuation: VEI is cheaper than 71.11% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.29 | ||
| EV/EBITDA | 6.42 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- VEI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.69
PEG (5Y)N/A
EPS Next 2Y4.45%
EPS Next 3Y4.34%
5. VEI.OL Dividend Analysis
5.1 Amount
- VEI has a Yearly Dividend Yield of 6.12%, which is a nice return.
- VEI's Dividend Yield is rather good when compared to the industry average which is at 2.62. VEI pays more dividend than 91.11% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, VEI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.12% |
5.2 History
- The dividend of VEI decreases each year by -16.74%.
Dividend Growth(5Y)-16.74%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 78.24% of the earnings are spent on dividend by VEI. This is not a sustainable payout ratio.
DP78.24%
EPS Next 2Y4.45%
EPS Next 3Y4.34%
VEI.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:VEI (4/27/2026, 4:19:32 PM)
184.8
-0.4 (-0.22%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)02-12 2026-02-12/bmo
Earnings (Next)05-07 2026-05-07
Inst Owners35.87%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap24.94B
Revenue(TTM)43.14B
Net Income(TTM)1.55B
Analysts46
Price Target193.55 (4.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.12% |
Yearly Dividend9
Dividend Growth(5Y)-16.74%
DP78.24%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.54%
Min EPS beat(2)9.1%
Max EPS beat(2)33.98%
EPS beat(4)3
Avg EPS beat(4)-260.41%
Min EPS beat(4)-1087.88%
Max EPS beat(4)33.98%
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)1.32%
Min Revenue beat(2)-0.59%
Max Revenue beat(2)3.24%
Revenue beat(4)2
Avg Revenue beat(4)-0.34%
Min Revenue beat(4)-4.59%
Max Revenue beat(4)3.24%
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)6.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)138.89%
EPS NY rev (1m)0%
EPS NY rev (3m)6.58%
Revenue NQ rev (1m)-0.42%
Revenue NQ rev (3m)-2.15%
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.21 | ||
| Fwd PE | 15.53 | ||
| P/S | 0.58 | ||
| P/FCF | 9.29 | ||
| P/OCF | 7.58 | ||
| P/B | 6.78 | ||
| P/tB | 23.51 | ||
| EV/EBITDA | 6.42 |
EPS(TTM)11.4
EY6.17%
EPS(NY)11.9
Fwd EY6.44%
FCF(TTM)19.9
FCFY10.77%
OCF(TTM)24.38
OCFY13.19%
SpS319.67
BVpS27.27
TBVpS7.86
PEG (NY)3.69
PEG (5Y)N/A
Graham Number83.6306 (-54.75%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.9% | ||
| ROE | 42.2% | ||
| ROCE | 31.22% | ||
| ROIC | 24.89% | ||
| ROICexc | 68.87% | ||
| ROICexgc | N/A | ||
| OM | 4.58% | ||
| PM (TTM) | 3.6% | ||
| GM | 37.51% | ||
| FCFM | 6.23% |
ROA(3y)6.83%
ROA(5y)6.44%
ROE(3y)38.46%
ROE(5y)37.15%
ROIC(3y)20.39%
ROIC(5y)20.26%
ROICexc(3y)47.33%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)25.58%
ROCE(5y)25.42%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y5.55%
ROICexc growth 5YN/A
OM growth 3Y4.31%
OM growth 5Y6.65%
PM growth 3Y8.5%
PM growth 5Y-8.18%
GM growth 3Y0.72%
GM growth 5Y1.27%
F-Score6
Asset Turnover2.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.1 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 54.66% | ||
| Cap/Sales | 1.4% | ||
| Interest Coverage | 25.66 | ||
| Cash Conversion | 106.78% | ||
| Profit Quality | 172.96% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 3.56 |
F-Score6
WACC8.34%
ROIC/WACC2.98
Cap/Depr(3y)66.11%
Cap/Depr(5y)80.73%
Cap/Sales(3y)1.68%
Cap/Sales(5y)2.01%
Profit Quality(3y)163.42%
Profit Quality(5y)132.57%
High Growth Momentum
Growth
EPS 1Y (TTM)22.64%
EPS 3Y11.19%
EPS 5Y-6.08%
EPS Q2Q%46.88%
EPS Next Y4.39%
EPS Next 2Y4.45%
EPS Next 3Y4.34%
EPS Next 5YN/A
Revenue 1Y (TTM)4.2%
Revenue growth 3Y3.65%
Revenue growth 5Y2.45%
Sales Q2Q%5.53%
Revenue Next Year6.33%
Revenue Next 2Y5.54%
Revenue Next 3Y4.92%
Revenue Next 5YN/A
EBIT growth 1Y30.26%
EBIT growth 3Y8.12%
EBIT growth 5Y9.27%
EBIT Next Year75.51%
EBIT Next 3Y23.77%
EBIT Next 5YN/A
FCF growth 1Y75.56%
FCF growth 3Y102.18%
FCF growth 5Y-9.99%
OCF growth 1Y47.87%
OCF growth 3Y32.67%
OCF growth 5Y-9.61%
VEIDEKKE ASA / VEI.OL Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for VEIDEKKE ASA?
ChartMill assigns a fundamental rating of 6 / 10 to VEI.OL.
Can you provide the valuation status for VEIDEKKE ASA?
ChartMill assigns a valuation rating of 4 / 10 to VEIDEKKE ASA (VEI.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for VEIDEKKE ASA?
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 16.21 and the Price/Book (PB) ratio is 6.78.
What is the expected EPS growth for VEIDEKKE ASA (VEI.OL) stock?
The Earnings per Share (EPS) of VEIDEKKE ASA (VEI.OL) is expected to grow by 4.39% in the next year.