Valuation AF Gruppen ASA

Stocks

Market Closed - Oslo Bors 10:45:00 2026-09-04 EDT			5-day change	1st Jan Change
190.60 ^NOK	+0.11%		-4.70%	+1.28%

08-28	DNB Carnegie raises its price target for AF Gruppen to 156 Norwegian kroner (150), reiterates sell	FW
08-28	AF Gruppen ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	20,677	15,488	13,459	16,189	20,669	21,638	-	-
Change	-	-25.1%	-13.1%	20.29%	27.67%	4.69%	-	-
Enterprise Value (EV) ¹	20,996	15,817	14,100	16,090	19,395	20,852	20,827	20,794
Change	-	-24.67%	-10.86%	14.12%	20.54%	7.51%	-0.12%	-0.16%
P/E	20.2x	16x	33.3x	22.8x	19x	16x	15x	14.5x
PBR	7.79x	6.01x	5.8x	6.22x	7.14x	5.26x	4.99x	4.7x
PEG	-	-2.51x	-0.6x	0.3x	0.4x	0.8x	2.25x	4.27x
Capitalization / Revenue	0.74x	0.5x	0.44x	0.53x	0.65x	0.6x	0.58x	0.56x
EV / Revenue	0.75x	0.51x	0.46x	0.53x	0.61x	0.58x	0.56x	0.54x
EV / EBITDA	9.65x	8.17x	-	8.7x	7.97x	7.56x	7.17x	6.89x
EV / EBIT	13x	11.2x	18.8x	14x	11.7x	9.96x	9.34x	8.94x
EV / FCF	17.1x	11.4x	15x	8.08x	6.39x	17x	12.8x	12.5x
FCF Yield	5.86%	8.81%	6.66%	12.4%	15.6%	5.87%	7.79%	8.02%
Dividend per Share ²	10.5	10.5	6.5	5	-	11.4	12.15	12.2
Rate of return	5.42%	7.3%	5.23%	3.37%	-	5.99%	6.38%	6.41%
EPS ²	9.57	8.96	3.73	6.52	9.93	11.87	12.66	13.09
Distribution rate	110%	117%	174%	76.7%	-	96%	96%	93.2%
Net sales ¹	27,868	31,205	30,530	30,638	31,992	35,904	37,312	38,425
EBITDA ¹	2,176	1,937	-	1,850	2,434	2,760	2,905	3,017
EBIT ¹	1,609	1,409	749	1,149	1,662	2,094	2,231	2,326
Net income ¹	1,019	958	402	708	1,093	1,356	1,459	1,521
Net Debt ¹	319	329	641	-99	-1,274	-786	-811	-844.5
Reference price ²	193.60	143.80	124.20	148.40	188.20	190.40	190.40	190.40
Nbr of stocks (in thousands)	106,805	107,702	108,362	109,089	109,823	113,645	-	-
Announcement Date	2/11/22	2/10/23	2/15/24	2/14/25	2/13/26	-	-	-

¹NOK in Million²NOK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AF GRUPPEN ASA	16.04x	0.58x	7.56x	5.99%	2.33B
QUANTA SERVICES, INC.	54.12x	2.48x	23.66x	0.07%	93.22B
VINCI	12.44x	1.07x	5.83x	4.7%	72.87B
LARSEN & TOUBRO LIMITED	26.64x	2.04x	20.1x	1.15%	57.7B
COMFORT SYSTEMS USA, INC.	32.53x	4.08x	22.16x	0.21%	55.52B
FERROVIAL N.V.	52.31x	4.14x	26.37x	1.74%	41.75B
HOCHTIEF AG	29.39x	0.72x	11.98x	2.11%	36.97B
EMCOR GROUP, INC.	22.63x	1.54x	14.23x	0.2%	32.7B
ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.	23.52x	0.48x	7.58x	2.51%	32.43B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	5.04x	0.31x	5.82x	5.83%	26.87B
Average	27.47x	1.74x	14.53x	2.45%	45.24B
Weighted average by Cap.	31.48x	2.05x	16.47x	1.85%