VEIDEKKE ASA (VEI.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:VEI - NO0005806802 - Common Stock
169 NOK
0 (0%)
We assign a fundamental rating of 5 out of 10 to VEI. VEI was compared to 44 industry peers in the Construction & Engineering industry. While VEI has a great profitability rating, 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
VEI had positive earnings in the past year.
VEI had a positive operating cash flow in the past year.
Each year in the past 5 years VEI has been profitable.
VEI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.94%, VEI is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
VEI has a better Return On Equity (51.36%) than 86.36% of its industry peers.
Looking at the Return On Invested Capital, with a value of 23.49%, VEI belongs to the top 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.
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 72.73% of its industry peers.
VEI's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 38.09%, VEI is in line with its industry, outperforming 47.73% of the companies in the same industry.
VEI's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for VEI remains at a similar level compared to 1 year ago.
Compared to 5 years ago, VEI has about the same amount of shares outstanding.
Compared to 1 year ago, VEI has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.28 indicates that VEI is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.28, VEI belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 0.20, VEI belongs to the top of the industry, outperforming 97.73% of the companies in the same industry.
A Debt/Equity ratio of 0.14 indicates that VEI is not too dependend on debt financing.
VEI has a Debt to Equity ratio of 0.14. This is in the better half 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.
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 88.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
VEI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.75%.
Measured over the past years, VEI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.58% on average per year.
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
The Earnings Per Share is expected to grow by 9.38% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.56% on average over the next years.
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
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
VEI is valuated rather expensively with a Price/Earnings ratio of 17.07.
VEI's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of VEI to the average of the S&P500 Index (26.31), we can say VEI is valued slightly cheaper.
VEI is valuated correctly with a Price/Forward Earnings ratio of 16.80.
Based on the Price/Forward Earnings ratio, VEI is valued a bit more expensive than the industry average as 65.91% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 36.59. VEI is valued rather cheaply when compared to this.
| 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.
VEI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.84 | ||
| EV/EBITDA | 8.08 |
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.
VEI has a very decent profitability rating, which 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
VEI has a Yearly Dividend Yield of 5.46%, which is a nice return.
VEI's Dividend Yield is rather good when compared to the industry average which is at 3.70. VEI pays more dividend than 93.18% of the companies in the same industry.
VEI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
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 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 2Y12.83%
EPS Next 3Y11.52%
OSL:VEI (11/28/2025, 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.