Valuation AF Gruppen ASA

Stocks

Market Closed - Oslo Bors 10:45:00 2026-09-24 EDT			5-day change	1st Jan Change
198.80 ^NOK	0.00%		+2.90%	+5.63%

08-31	SB1 Markets raises AF Gruppen price target to 230 Norwegian kroner (210), reiterates buy	FW
08-28	DNB Carnegie raises its price target for AF Gruppen to 156 Norwegian kroner (150), reiterates sell	FW

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	22,552	-	-
Change	-	-25.1%	-13.1%	20.29%	27.67%	9.11%	-	-
Enterprise Value (EV) ¹	20,996	15,817	14,100	16,090	19,395	21,766	21,741	21,708
Change	-	-24.67%	-10.86%	14.12%	20.54%	12.23%	-0.11%	-0.15%
P/E	20.2x	16x	33.3x	22.8x	19x	16.7x	15.7x	15.2x
PBR	7.79x	6.01x	5.8x	6.22x	7.14x	5.5x	5.21x	4.91x
PEG	-	-2.51x	-0.6x	0.3x	0.4x	0.9x	2.36x	4.48x
Capitalization / Revenue	0.74x	0.5x	0.44x	0.53x	0.65x	0.63x	0.6x	0.59x
EV / Revenue	0.75x	0.51x	0.46x	0.53x	0.61x	0.61x	0.58x	0.56x
EV / EBITDA	9.65x	8.17x	-	8.7x	7.97x	7.89x	7.48x	7.2x
EV / EBIT	13x	11.2x	18.8x	14x	11.7x	10.4x	9.75x	9.33x
EV / FCF	17.1x	11.4x	15x	8.08x	6.39x	17.8x	13.4x	13x
FCF Yield	5.86%	8.81%	6.66%	12.4%	15.6%	5.62%	7.47%	7.68%
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%	-	5.73%	6.11%	6.14%
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	198.80	198.80	198.80
Nbr of stocks (in thousands)	106,805	107,702	108,362	109,089	109,823	113,443	-	-
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	16.75x	0.61x	7.89x	5.73%	2.38B
QUANTA SERVICES, INC.	54.89x	2.53x	24.16x	0.07%	95.45B
VINCI	12.2x	1.05x	5.74x	4.79%	70.02B
COMFORT SYSTEMS USA, INC.	33.47x	4.21x	22.83x	0.2%	57.13B
LARSEN & TOUBRO LIMITED	26.39x	2.03x	19.95x	1.12%	56.41B
FERROVIAL N.V.	50.9x	4.04x	25.58x	1.92%	39.78B
HOCHTIEF AG	27.23x	0.68x	11.26x	2.27%	34.07B
EMCOR GROUP, INC.	22.95x	1.56x	14.44x	0.2%	33.16B
ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.	21.61x	0.43x	6.84x	2.8%	29.31B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	4.94x	0.31x	5.78x	5.95%	26.35B
Average	27.13x	1.74x	14.45x	2.5%	44.41B
Weighted average by Cap.	31.55x	2.09x	16.64x	1.87%