OM:SKA BConstruction
Skanska (OM:SKA B) Stock May Be Reasonable Despite Fresh Light Rail Contract
Skanska stock has nearly doubled over the past three years, and both the Discounted Cash Flow (DCF) intrinsic value estimate and earnings-based multiples currently point to the shares trading below those valuation benchmarks rather than at a premium.
Skanska has delivered a 99.1% return over the last three years, which puts extra focus on whether the current share price still leaves room relative to estimated value.
Large construction wins in US transport and data center projects can support...