Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
AFG.OL
STRONG BUYAPPROVEAF Gruppen ASA · Industrials · Norway · $2.2B · Avg Vol: $625K/d
AF Gruppen is a Norwegian construction and civil engineering group with an unusually strong quality score for its sector (Q76), a net-cash balance sheet and a long record of high dividend payout, reflecting disciplined project selection. The 2.4% consensus trim reflects Nordic construction softness rather than a company failure. Nothing adverse is known on accounting or solvency.
COMPANY DESCRIPTION
AF Gruppen ASA is a leading contracting and industrial group focused on civil engineering, construction, energy, and environmental services in the Nordic region. The company maintains a strong market position through its decentralized business model and a historically high-margin project execution track record. It is particularly recognized for its specialized capabilities in decommissioning offshore installations and recycling materials.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.1B | 3.0B | 3.0B | 3.2B | 1.0% | 3.3B | 3.6B | 3.7B | 7.6% |
| EPS | 0.90 | 0.38 | 0.66 | 1.01 | 3.7% | 1.06 | 1.15 | 1.26 | 11.9% |
| Shares | 107.7M | 108.5M | 109.3M | 110.1M | +2.2% | 113.5M | — | — | — |
| Debt | 141.6M | 134.8M | 132.1M | 151.9M | 2.4% | 151.5M | — | — | — |
| Equity | 259.6M | 234.2M | 262.7M | 292.3M | 4.0% | — | — | — | — |
| Op CF | 147.2M | 156.4M | 223.5M | 306.2M | 27.7% | 307.9M | — | — | — |
| Inv CF | 6.8M | -61.8M | -22.8M | -0.3M | — | — | — | — | — |
| Fin CF | -144.8M | -141.2M | -130.8M | -171.2M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of AFG.OL are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| AFG.OL | AF Gruppen ASA(you) | $2.2B | 94 | STRONG BUY |
| VEI.OL | Veidekke ASA | $2.6B | 96 | STRONG BUY |
| DOFG.OL | DOF Group ASA | $2.8B | 97 | STRONG BUY |
| SNTIA.OL | SENTIA ASA | $802M | 99 | STRONG BUY |
| NORCO.OL | NORCONSULT ASA | $1.1B | 66 | BUY |
| ENDUR.OL | Endúr ASA | $562M | 75 | BUY |
| MULTI.OL | Multiconsult ASA | $405M | 58 | HOLD |
| WWIB.OL | Wilh. Wilhelmsen Holding ASA | $2.6B | 95 | STRONG BUY |
| HAUTO.OL | Höegh Autoliners ASA | $2.9B | 97 | STRONG BUY |
| MPCC.OL | MPC Container Ships ASA | $1.2B | 98 | STRONG BUY |
Peer medians: ROE 14.6% · P/E 16.0x · Gross margin 39.9%