VEIDEKKE ASA (VEI.OL) Stock Fundamental Analysis
OSL:VEI - Euronext Oslo - NO0005806802 - Common Stock - Currency: NOK
Overall VEI gets a fundamental rating of 4 out of 10. We evaluated VEI against 40 industry peers in the Construction & Engineering industry. VEI has an excellent profitability rating, but there are some minor concerns on its financial health. VEI has a expensive valuation and it also scores bad on growth. Finally VEI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year VEI had a positive cash flow from operations.
Each year in the past 5 years VEI has been profitable.
In the past 5 years VEI always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 120.25%, VEI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Return On Equity of VEI (684.18%) is better than 100.00% of its industry peers.
The Return On Invested Capital of VEI (330.89%) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 120.25% | ||
| ROE | 684.18% | ||
| ROIC | 330.89% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VEI's Profit Margin of 54.61% is amongst the best of the industry. VEI outperforms 100.00% of its industry peers.
VEI's Profit Margin has improved in the last couple of years.
VEI has a Operating Margin of 55.23%. This is amongst the best in the industry. VEI outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of VEI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 55.23% | ||
| PM (TTM) | 54.61% | ||
| GM | N/A |
OM growth 3Y147.29%
OM growth 5Y98.95%
PM growth 3Y177.76%
PM growth 5Y85.31%
GM growth 3YN/A
GM growth 5YN/A
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.
There is no outstanding debt for VEI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
VEI has a debt to FCF ratio of 0.82. This is a very positive value and a sign of high solvency as it would only need 0.82 years to pay back of all of its debts.
VEI has a Debt to FCF ratio of 0.82. This is amongst the best in the industry. VEI outperforms 97.50% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that VEI is not too dependend on debt financing.
VEI has a better Debt to Equity ratio (0.12) than 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.82 | ||
| Altman-Z | N/A |
ROIC/WACC39.39
WACC8.4%
2.3 Liquidity
A Current Ratio of 0.82 indicates that VEI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.82, VEI is doing worse than 90.00% of the companies in the same industry.
VEI has a Quick Ratio of 0.82. 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 0.75. This is amonst the worse of the industry: VEI underperforms 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
VEI shows a decrease in Revenue. In the last year, the revenue decreased by -4.04%.
VEI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.51% yearly.
EPS 1Y (TTM)N/A
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)-4.04%
Revenue growth 3Y3.27%
Revenue growth 5Y2.51%
Sales Q2Q%-5.32%
3.2 Future
VEI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.63% yearly.
VEI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.71% yearly.
EPS Next Y6.65%
EPS Next 2Y6.44%
EPS Next 3Y4.63%
EPS Next 5YN/A
Revenue Next Year2.89%
Revenue Next 2Y3.49%
Revenue Next 3Y2.71%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
VEI is valuated correctly with a Price/Forward Earnings ratio of 14.68.
Based on the Price/Forward Earnings ratio, VEI is valued a bit more expensive than the industry average as 67.50% of the companies are valued more cheaply.
VEI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.68 |
4.2 Price Multiples
VEI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.99 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates VEI does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of VEI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.44%
EPS Next 3Y4.63%
5. Dividend
5.1 Amount
VEI has a Yearly Dividend Yield of 6.25%, which is a nice return.
Compared to an average industry Dividend Yield of 3.65, VEI pays a better dividend. On top of this VEI pays more dividend than 97.50% of the companies listed in the same industry.
VEI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
5.2 History
On average, the dividend of VEI grows each year by 9.18%, which is quite nice.
Dividend Growth(5Y)9.18%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
VEI pays out 4.71% of its income as dividend. This is a sustainable payout ratio.
The dividend of VEI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP4.71%
EPS Next 2Y6.44%
EPS Next 3Y4.63%
OSL:VEI (3/7/2025, 7:00:00 PM)
145
+1 (+0.69%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners43.8%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap19.57B
Analysts72.5
Price Target161.93 (11.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
Yearly Dividend7.75
Dividend Growth(5Y)9.18%
DP4.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)0
Avg Revenue beat(2)-2.53%
Min Revenue beat(2)-4.81%
Max Revenue beat(2)-0.25%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)7.99%
PT rev (3m)10.82%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.63%
EPS NY rev (3m)0.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)-1.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.68 | ||
| P/S | 0.47 | ||
| P/FCF | 24.99 | ||
| P/OCF | 15.58 | ||
| P/B | 5.92 | ||
| P/tB | 26.66 | ||
| EV/EBITDA | N/A |
EPS(TTM)N/A
EYN/A
EPS(NY)9.88
Fwd EY6.81%
FCF(TTM)5.8
FCFY4%
OCF(TTM)9.31
OCFY6.42%
SpS306.78
BVpS24.49
TBVpS5.44
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 120.25% | ||
| ROE | 684.18% | ||
| ROCE | 371.22% | ||
| ROIC | 330.89% | ||
| ROICexc | 636.76% | ||
| ROICexgc | 3235.35% | ||
| OM | 55.23% | ||
| PM (TTM) | 54.61% | ||
| GM | N/A | ||
| FCFM | 1.89% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y147.29%
OM growth 5Y98.95%
PM growth 3Y177.76%
PM growth 5Y85.31%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover2.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.82 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 1.14% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 3.46% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | N/A |
F-Score5
WACC8.4%
ROIC/WACC39.39
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.97%
Cap/Sales(5y)2.1%
Profit Quality(3y)76.4%
Profit Quality(5y)117.52%
High Growth Momentum
Growth
EPS 1Y (TTM)N/A
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y6.65%
EPS Next 2Y6.44%
EPS Next 3Y4.63%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.04%
Revenue growth 3Y3.27%
Revenue growth 5Y2.51%
Sales Q2Q%-5.32%
Revenue Next Year2.89%
Revenue Next 2Y3.49%
Revenue Next 3Y2.71%
Revenue Next 5YN/A
EBIT growth 1Y1551.05%
EBIT growth 3Y155.38%
EBIT growth 5Y103.95%
EBIT Next Year76.88%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-62.63%
FCF growth 3Y-16.97%
FCF growth 5Y2.38%
OCF growth 1Y-57.26%
OCF growth 3Y-16.97%
OCF growth 5Y-2.08%