VEIDEKKE ASA (VEI.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:VEI - NO0005806802 - Common Stock
179.4 NOK
-1 (-0.55%)
VEI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 43 industry peers in the Construction & Engineering industry. While VEI has a great profitability rating, there are some minor concerns on its financial health. VEI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
VEI had positive earnings in the past year.
VEI had a positive operating cash flow in the past year.
In the past 5 years VEI has always been profitable.
Each year in the past 5 years VEI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of VEI (7.11%) is better than 74.42% of its industry peers.
Looking at the Return On Equity, with a value of 44.79%, VEI belongs to the top of the industry, outperforming 86.05% of the companies in the same industry.
VEI's Return On Invested Capital of 23.53% is amongst the best of the industry. VEI outperforms 90.70% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VEI is significantly above the industry average of 11.24%.
The 3 year average ROIC (20.02%) for VEI is below the current ROIC(23.53%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.11% | ||
| ROE | 44.79% | ||
| ROIC | 23.53% |
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
The Profit Margin of VEI (3.18%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of VEI has grown nicely.
With a Operating Margin value of 3.92%, VEI is not doing good in the industry: 69.77% of the companies in the same industry are doing better.
VEI's Operating Margin has improved in the last couple of years.
VEI has a Gross Margin (37.19%) which 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 | 3.92% | ||
| PM (TTM) | 3.18% | ||
| GM | 37.19% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so VEI is creating value.
Compared to 1 year ago, VEI has about the same amount of shares outstanding.
VEI has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, VEI has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.31 indicates that VEI is not in any danger for bankruptcy at the moment.
VEI has a Altman-Z score of 3.31. This is amongst the best in the industry. VEI outperforms 88.37% 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.
VEI has a Debt to FCF ratio of 0.10. This is amongst the best in the industry. VEI outperforms 100.00% of its industry peers.
VEI has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
VEI has a better Debt to Equity ratio (0.08) than 88.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.1 | ||
| Altman-Z | 3.31 |
ROIC/WACC2.82
WACC8.34%
2.3 Liquidity
VEI has a Current Ratio of 0.80. 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 has a Current ratio of 0.80. This is amonst the worse of the industry: VEI underperforms 90.70% of its industry peers.
VEI has a Quick Ratio of 0.80. 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 has a Quick ratio of 0.74. This is amonst the worse of the industry: VEI underperforms 86.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
VEI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.89%.
The Earnings Per Share has been growing slightly by 6.43% on average over the past years.
VEI shows a small growth in Revenue. In the last year, the Revenue has grown by 1.09%.
The Revenue has been growing slightly by 2.43% on average over the past years.
EPS 1Y (TTM)0.89%
EPS 3Y9.54%
EPS 5Y6.43%
EPS Q2Q%17.65%
Revenue 1Y (TTM)1.09%
Revenue growth 3Y3.13%
Revenue growth 5Y2.43%
Sales Q2Q%10.35%
3.2 Future
Based on estimates for the next years, VEI will show a small growth in Earnings Per Share. The EPS will grow by 7.45% on average per year.
Based on estimates for the next years, VEI will show a small growth in Revenue. The Revenue will grow by 5.69% on average per year.
EPS Next Y8.75%
EPS Next 2Y8.93%
EPS Next 3Y7.24%
EPS Next 5Y7.45%
Revenue Next Year3.79%
Revenue Next 2Y5.15%
Revenue Next 3Y4.65%
Revenue Next 5Y5.69%
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 stable.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.12, VEI is valued on the expensive side.
60.47% of the companies in the same industry are cheaper than VEI, based on the Price/Earnings ratio.
VEI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
VEI is valuated correctly with a Price/Forward Earnings ratio of 16.33.
Based on the Price/Forward Earnings ratio, VEI is valued a bit more expensive than 67.44% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.98, VEI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 16.33 |
4.2 Price Multiples
VEI's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VEI indicates a somewhat cheap valuation: VEI is cheaper than 60.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.43 | ||
| EV/EBITDA | 7.55 |
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)2.07
PEG (5Y)2.82
EPS Next 2Y8.93%
EPS Next 3Y7.24%
5. Dividend
5.1 Amount
VEI has a Yearly Dividend Yield of 5.00%, which is a nice return.
VEI's Dividend Yield is rather good when compared to the industry average which is at 2.43. VEI pays more dividend than 88.37% of the companies in the same industry.
VEI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5% |
5.2 History
On average, the dividend of VEI grows each year by 9.66%, which is quite nice.
Dividend Growth(5Y)9.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
VEI pays out 90.00% of its income as dividend. 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.
DP90%
EPS Next 2Y8.93%
EPS Next 3Y7.24%
OSL:VEI (1/13/2026, 4:19:49 PM)
179.4
-1 (-0.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners37.71%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap24.21B
Revenue(TTM)42.51B
Net Income(TTM)1.35B
Analysts48
Price Target169.83 (-5.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5% |
Yearly Dividend7.9
Dividend Growth(5Y)9.66%
DP90%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.13%
Min EPS beat(2)3.16%
Max EPS beat(2)9.1%
EPS beat(4)3
Avg EPS beat(4)-267.46%
Min EPS beat(4)-1087.88%
Max EPS beat(4)9.1%
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)2
Avg Revenue beat(2)1.92%
Min Revenue beat(2)0.6%
Max Revenue beat(2)3.24%
Revenue beat(4)2
Avg Revenue beat(4)-0.25%
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)0.45%
EPS NQ rev (1m)-3.68%
EPS NQ rev (3m)-4.36%
EPS NY rev (1m)0%
EPS NY rev (3m)0.66%
Revenue NQ rev (1m)1.03%
Revenue NQ rev (3m)0.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 16.33 | ||
| P/S | 0.57 | ||
| P/FCF | 10.43 | ||
| P/OCF | 8.13 | ||
| P/B | 8.03 | ||
| P/tB | 57.65 | ||
| EV/EBITDA | 7.55 |
EPS(TTM)9.9
EY5.52%
EPS(NY)10.99
Fwd EY6.13%
FCF(TTM)17.21
FCFY9.59%
OCF(TTM)22.07
OCFY12.3%
SpS314.96
BVpS22.33
TBVpS3.11
PEG (NY)2.07
PEG (5Y)2.82
Graham Number70.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.11% | ||
| ROE | 44.79% | ||
| ROCE | 29.41% | ||
| ROIC | 23.53% | ||
| ROICexc | 44.54% | ||
| ROICexgc | 334.12% | ||
| OM | 3.92% | ||
| PM (TTM) | 3.18% | ||
| GM | 37.19% | ||
| FCFM | 5.46% |
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 Turnover2.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.1 | ||
| Debt/EBITDA | 0.08 | ||
| Cap/Depr | 56.88% | ||
| Cap/Sales | 1.55% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 105.6% | ||
| Profit Quality | 172% | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 3.31 |
F-Score5
WACC8.34%
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)0.89%
EPS 3Y9.54%
EPS 5Y6.43%
EPS Q2Q%17.65%
EPS Next Y8.75%
EPS Next 2Y8.93%
EPS Next 3Y7.24%
EPS Next 5Y7.45%
Revenue 1Y (TTM)1.09%
Revenue growth 3Y3.13%
Revenue growth 5Y2.43%
Sales Q2Q%10.35%
Revenue Next Year3.79%
Revenue Next 2Y5.15%
Revenue Next 3Y4.65%
Revenue Next 5Y5.69%
EBIT growth 1Y3.93%
EBIT growth 3Y1.29%
EBIT growth 5Y17.1%
EBIT Next Year82.79%
EBIT Next 3Y27.3%
EBIT Next 5Y21.16%
FCF growth 1Y118.85%
FCF growth 3Y3.8%
FCF growth 5Y17.06%
OCF growth 1Y49.4%
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.
Can you provide the valuation status for VEIDEKKE ASA?
ChartMill assigns a valuation rating of 3 / 10 to VEIDEKKE ASA (VEI.OL). This can be considered as Overvalued.
How profitable is VEIDEKKE ASA (VEI.OL) stock?
VEIDEKKE ASA (VEI.OL) has a profitability rating of 7 / 10.
What is the financial health of VEIDEKKE ASA (VEI.OL) stock?
The financial health rating of VEIDEKKE ASA (VEI.OL) is 6 / 10.
Can you provide the expected EPS growth for VEI stock?
The Earnings per Share (EPS) of VEIDEKKE ASA (VEI.OL) is expected to grow by 8.75% in the next year.