Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
VEI.OL
Strong BuyFull HouseAPPROVEVeidekke ASA · Industrials · Norway · $3.0B · Avg Vol: $2M/d
Passes all eligibility criteria with balanced quality and value scores and positive EPS momentum. Recent regulatory signals are neutral, and the company maintains stable industrial performance metrics.
COMPANY DESCRIPTION
Veidekke ASA is the largest construction and civil engineering company in Norway, with significant operations in Sweden and Denmark. The company's competitive moat is its strong local presence, diversified project portfolio, and leading expertise in complex infrastructure and eco-friendly building projects. It is a highly stable, market-leading contractor characterized by a strong order backlog and a consistent dividend distribution policy.
FINANCIAL SUMMARY (NOK)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38.7B | — | — | — | — | 44.6B | 46.6B | 48.7B | 4.7% |
| EPS (NOK) | 8.10 | 7.90 | 9.30 | 11.50 | 12.4% | 12.45 | 12.45 | 12.75 | 5.3% |
| Shares | 134.9M | 135.0M | 135.0M | 135.0M | +0.0% | 135.0M | — | — | — |
| Debt | 1.3B | 1.3B | 1.6B | 1.3B | 0.1% | 169.2M | — | — | — |
| Equity | 3.0B | 3.1B | 3.3B | 3.7B | 7.4% | — | — | — | — |
| Op CF | 1.4B | 2.9B | 2.2B | 3.3B | 32.7% | 4.9B | — | — | — |
| Inv CF | -701.0M | -2.0B | -316.0M | -1.0B | — | — | — | — | — |
| Fin CF | -1.8B | -1.8B | -1.7B | -2.1B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of VEI.OL are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| VEI.OL | Veidekke ASA(you) | $3.0B | 99 | Strong Buy |
| DOFG.OL | DOF Group ASA | $3.4B | 98 | Strong Buy |
| AFG.OL | AF Gruppen ASA | $2.4B | 95 | Strong Buy |
| SNTIA.OL | Sentia ASA | $931M | 99 | Strong Buy |
| NORCO.OL | Norconsult ASA | $1.3B | 78 | Buy |
| ENDUR.OL | Endúr ASA | $595M | 67 | Buy |
| MULTI.OL | Multiconsult ASA | $430M | 69 | Buy |
| HAUTO.OL | Höegh Autoliners ASA | $3.6B | 97 | Strong Buy |
| WWIB.OL | Wilh. Wilhelmsen Holding ASA | $3.3B | 95 | Strong Buy |
| MPCC.OL | MPC Container Ships ASA | $1.4B | 99 | Strong Buy |
Peer medians: ROE 14.8% · P/E 14.3x · Gross margin 40.8%