Projected Income Statement: Veidekke ASA

Forecast Balance Sheet: Veidekke ASA

Forecast Balance Sheet - Veidekke ASA
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -3,709 -2,836 -2,776 - -2,320 -4,546 -4,603 -4,591
Change - 23.54% 2.12% - - -95.95% -1.25% 0.26%
Announcement Date 2/9/22 2/8/23 2/8/24 2/13/25 2/12/26 - - -
1NOK in Million
Estimates

Cash Flow Forecast: Veidekke ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 473 429 2,019 316 - 123 637 648
Change - -9.3% 370.63% -84.35% - - 417.89% 1.73%
Free Cash Flow (FCF) 1 1,721 980 920 1,909 3,290 3,296 2,428 2,436
Change - -43.06% -6.12% 107.5% 72.34% 0.2% -26.36% 0.35%
Announcement Date 2/9/22 2/8/23 2/8/24 2/13/25 2/12/26 - - -
1NOK in Million
Estimates

Forecast Financial Ratios: Veidekke ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 6.07% 6.33% 5.69% 6.55% 7.25% 7.01% 6.78% 6.72%
EBIT Margin (%) 3.63% 3.9% 3.27% 3.88% 4.68% 4.67% 4.5% 4.49%
EBT Margin (%) 3.57% 3.79% 3.35% 4.06% 4.77% 4.84% 4.76% 4.75%
Net margin (%) 2.93% 3.17% 2.48% 3.05% 3.6% 3.59% 3.55% 3.55%
FCF margin (%) 4.58% 2.54% 2.13% 4.61% 7.63% 7.09% 5% 4.84%
FCF / Net Income (%) 156.45% 79.93% 86.06% 151.39% 211.85% 197.87% 140.89% 136.47%

Profitability

        
ROA 6.31% 7.01% 5.96% - - - - -
ROE 38% 43% 35.08% - 44.48% 45% 45.6% 45.6%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 1.26% 1.11% 4.68% 0.76% - 0.26% 1.31% 1.29%
CAPEX / EBITDA (%) 20.73% 17.54% 82.27% 11.65% - 3.78% 19.33% 19.17%
CAPEX / FCF (%) 27.48% 43.78% 219.46% 16.55% - 3.73% 26.24% 26.6%

Items per share

        
Cash flow per share 1 - - - - 24.35 - - -
Change - - - - - - - -
Dividend per Share 1 7 7.75 7.9 9 11.25 11.75 12.25 12.75
Change - 10.71% 1.94% 13.92% 25% 4.44% 4.26% 4.08%
Book Value Per Share 1 21.23 22.19 - 24.47 27.25 27.49 28.5 29.5
Change - 4.54% - - 11.35% 0.87% 3.66% 3.53%
EPS 1 7.1 8.1 7.9 9.3 11.5 12.34 12.76 13.23
Change - 14.08% -2.47% 17.72% 23.66% 7.3% 3.44% 3.64%
Nbr of stocks (in thousands) 133,726 134,746 134,825 135,166 135,251 135,475 135,475 135,475
Announcement Date 2/9/22 2/8/23 2/8/24 2/13/25 2/12/26 - - -
1NOK
Estimates
2026 *2027 *
P/E 17.4x 16.8x
PBR 7.82x 7.55x
EV / Sales 0.53x 0.5x
Yield 5.47% 5.7%

EPS & Dividend

EPS & Dividend - Veidekke ASA


Y-o-Y evolution of P/E

Valuation ratios - P/E - Veidekke ASA
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Veidekke ASA
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - Veidekke ASA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
215.00NOK
Average target price
217.50NOK
Spread / Average Target
+1.16%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Veidekke ASA
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