How does JL80's PE Ratio compare to its peers?

JL80 is expensive based on its Price-To-Earnings Ratio (33.7x) compared to the peer average (16.2x).

How does JL80's PE Ratio compare vs other companies in the European Construction Industry?

JL80 is expensive based on its Price-To-Earnings Ratio (33.7x) compared to the European Construction industry average (13.4x).

What is JL80's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JL80 is expensive based on its Price-To-Earnings Ratio (33.7x) compared to the estimated Fair Price-To-Earnings Ratio (20.1x).

What is the Fair Price of JL80 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

JL80 (€3.56) is trading below our estimate of [[fair value]] (€5.63)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

JL80 Stock Overview

Provides consultancy services with focus on community planning, engineering design, and architecture in the Nordics and internationally. More details

JL80 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 36.8% below our estimate of its fair value

Earnings are forecast to grow 30.05% per year

Risk Analysis

Dividend of 2.8% is not well covered by earnings

Profit margins (3.6%) are lower than last year (5.4%)

My Notes

Capture your thoughts, links and company narrative

Norconsult ASA Competitors

BAUER

HMSE:B5A0

€176.0m

HOCHTIEF

XTRA:HOT

€9.5b

Wacker Neuson

XTRA:WAC

€968.5m

KSB SE KGaA

XTRA:KSB

€1.1b

Price History & Performance

Summary of share price highs, lows and changes for Norconsult
Historical stock prices
Current Share Price	NOK 3.56
52 Week High	NOK 3.64
52 Week Low	NOK 1.89
Beta	0
1 Month Change	14.29%
3 Month Change	23.83%
1 Year Change	84.36%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	111.78%

Recent updates

Shareholder Returns

	JL80	DE Construction	DE Market
7D	4.9%	1.3%	-1.1%
1Y	84.4%	7.8%	8.1%

Return vs Industry: JL80 exceeded the German Construction industry which returned 9.8% over the past year.

Return vs Market: JL80 exceeded the German Market which returned 9.2% over the past year.

Price Volatility

Is JL80's price volatile compared to industry and market?
JL80 volatility
JL80 Average Weekly Movement	3.9%
Construction Industry Average Movement	7.4%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.8%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: JL80 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: JL80's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1929	6,307	Egil Hogna	norconsult.com

Norconsult ASA provides consultancy services with focus on community planning, engineering design, and architecture in the Nordics and internationally. The company offers consultancy services for the planning and engineering design of construction and real estate projects, such as residential, office, and industrial buildings; hospitals, healthcare buildings, and care homes; schools and educational buildings; sports facilities; cultural buildings; laboratory buildings, terminal buildings for airports and railway stations; and fire and police stations. It also provides infrastructure services for water, geoscience and environment, and transport industries.

Norconsult ASA Fundamentals Summary

How do Norconsult's earnings and revenue compare to its market cap?
JL80 fundamental statistics
Market cap	€1.05b
Earnings (TTM)	€31.23m
Revenue (TTM)	€870.23m

33.7x

P/E Ratio

1.2x

P/S Ratio

Is JL80 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JL80 income statement (TTM)
Revenue	NOK 10.23b
Cost of Revenue	NOK 7.55b
Gross Profit	NOK 2.67b
Other Expenses	NOK 2.31b
Earnings	NOK 367.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 18, 2025

Earnings per share (EPS)	1.27
Gross Margin	26.14%
Net Profit Margin	3.59%
Debt/Equity Ratio	0%

How did JL80 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

93%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/17 19:41
End of Day Share Price	2024/12/17 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Norconsult ASA is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Johan Ström	Carnegie Investment Bank AB
Simen Mortensen	DNB Markets
Martine Emelie Kverne	Nordea Markets