How does 0OFP's PE Ratio compare to its peers?

0OFP is good value based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (13.3x).

How does 0OFP's PE Ratio compare vs other companies in the European Construction Industry?

0OFP is good value based on its Price-To-Earnings Ratio (12.6x) compared to the European Construction industry average (13.1x).

What is 0OFP'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.

0OFP is good value based on its Price-To-Earnings Ratio (12.6x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).

What is the Fair Price of 0OFP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0OFP (SEK160.2) is trading below our estimate of [[fair value]] (SEK227.76)

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.

NCC (LSE:0OFP) - Stock Price, News & Analysis

0OFP Stock Overview

Operates as a construction company in Sweden, Norway, Denmark, and Finland. More details

0OFP fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	1/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 29.7% below our estimate of its fair value

Earnings are forecast to grow 6.41% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Dividend of 4.99% is not well covered by free cash flows

NCC AB (publ) Competitors

Keller Group

LSE:KLR

UK£1.1b

Renew Holdings

AIM:RNWH

UK£834.1m

Kier Group

LSE:KIE

UK£663.9m

Morgan Sindall Group

LSE:MGNS

UK£1.8b

Price History & Performance

Summary of all time highs, changes and price drops for NCC
Historical stock prices
Current Share Price	SEK 160.20
52 Week High	SEK 172.70
52 Week Low	SEK 107.50
Beta	1.14
11 Month Change	-4.72%
3 Month Change	1.84%
1 Year Change	37.11%
33 Year Change	2.29%
5 Year Change	6.45%
Change since IPO	19.04%

Recent updates

Shareholder Returns

	0OFP	GB Construction	GB Market
7D	-0.6%	-0.4%	2.2%
1Y	37.1%	51.8%	8.0%

Return vs Industry: 0OFP underperformed the UK Construction industry which returned 51.8% over the past year.

Return vs Market: 0OFP exceeded the UK Market which returned 8% over the past year.

Price Volatility

Is 0OFP's price volatile compared to industry and market?
0OFP volatility
0OFP Average Weekly Movement	2.7%
Construction Industry Average Movement	4.2%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0OFP has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0OFP's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1935	12,200	Tomas Carlsson	www.ncc.se

NCC AB (publ) operates as a construction company in Sweden, Norway, Denmark, and Finland. It operates through five segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordic, NCC Industry, and NCC Property Development. The company builds residential buildings and offices, as well as constructs schools, hospitals, stores, and warehouses.

NCC AB (publ) Fundamentals Summary

How do NCC's earnings and revenue compare to its market cap?
0OFP fundamental statistics
Market cap	SEK 15.69b
Earnings (TTM)	SEK 1.24b
Revenue (TTM)	SEK 56.88b

12.6x

P/E Ratio

0.3x

P/S Ratio

Is 0OFP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0OFP income statement (TTM)
Revenue	SEK 56.88b
Cost of Revenue	SEK 52.13b
Gross Profit	SEK 4.75b
Other Expenses	SEK 3.51b
Earnings	SEK 1.24b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 10, 2025

Earnings per share (EPS)	12.71
Gross Margin	8.35%
Net Profit Margin	2.19%
Debt/Equity Ratio	69.6%

How did 0OFP perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

63%

Payout Ratio

0OFP Stock Overview

Rewards

Risk Analysis

NCC AB (publ) Competitors

LSE:KLR

UK£1.1b

AIM:RNWH

UK£834.1m

LSE:KIE

UK£663.9m

LSE:MGNS

UK£1.8b

Price History & Performance

Recent News & Updates

NCC AB (publ) to Report Q3, 2025 Results on Oct 23, 2025

Upcoming dividend of kr4.00 per share

New major risk - Financial position

Third quarter 2024 earnings released: EPS: kr4.83 (vs kr6.36 in 3Q 2023)

Now 20% overvalued after recent price rise

Independent Director recently sold kr3.1m worth of stock

Recent updates

NCC AB (publ) to Report Q3, 2025 Results on Oct 23, 2025

Upcoming dividend of kr4.00 per share

New major risk - Financial position

Third quarter 2024 earnings released: EPS: kr4.83 (vs kr6.36 in 3Q 2023)

Now 20% overvalued after recent price rise

Independent Director recently sold kr3.1m worth of stock

Now 22% overvalued after recent price rise

Second quarter 2024 earnings released: EPS: kr4.83 (vs kr4.17 in 2Q 2023)

Insider recently sold kr167k worth of stock

NCC AB (publ) Announces Executive Changes

Head of Business Area Infrastructure recently bought kr716k worth of stock

New major risk - Financial position

NCC AB (publ) to Report Q1, 2025 Results on Apr 29, 2025

Dividend of kr4.00 announced

NCC AB (publ) Announces Board Changes

Upcoming dividend of kr4.00 per share

Full year 2023 earnings released: EPS: kr16.12 (vs kr10.29 in FY 2022)

Maria Grimberg, Head of Communications, Decides to Leave NCC AB (publ)

Final dividend of kr4.00 announced

Full year 2023 earnings released: EPS: kr16.12 (vs kr10.29 in FY 2022)

Ncc AB (Publ) Proposes A Dividend for 2023

NCC Group AB (publ) Appoints Two New Heads of Business Areas

Head of Business Area Building Sweden recently sold kr383k worth of stock

NCC AB (publ) to Report Q3, 2024 Results on Oct 25, 2024

Third quarter 2023 earnings released

NCC AB (publ), Annual General Meeting, Apr 09, 2024

Upcoming dividend of kr3.00 per share at 5.2% yield

NCC Announces Resignation of Henrik Landelius as Head of Business Area Building Sweden

President & CEO recently bought kr1.2m worth of stock

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released

NCC AB (publ) to Report Q1, 2024 Results on May 03, 2024

REMONDIS Sweden AB agreed to acquire Bergnaset Stallningsmontage Ab from NCC AB (publ) (OM:NCC B).

President & CEO recently bought kr562k worth of stock

Less than half of directors are independent

Upcoming dividend of kr3.00 per share at 7.0% yield

Full year 2022 earnings released: EPS: kr10.29 (vs kr14.02 in FY 2021)

Full year 2022 earnings released: EPS: kr10.29 (vs kr14.02 in FY 2021)

NCC AB (publ) Proposes Dividend for the Fiscal Year 2022, Payable on April 4, 2023 and November 6, 2023

NCC AB (Publ) Announces Board Changes

OBOS Forsikring AS acquired a 6.5% stake in NCC AB (publ) from Nordstjernan AB for SEK 770 million.

Third quarter 2022 earnings released

NCC AB (publ), Annual General Meeting, Mar 31, 2023

Upcoming dividend of kr3.00 per share

Investor sentiment deteriorated over the past week

NCC AB (publ) Provides Earnings Guidance for the Full Year 2023

Second quarter 2022 earnings released

NCC AB (publ) to Report Q2, 2023 Results on Jul 18, 2023

No Dig Alliance agreed to acquire NCC NoDig from NCC AB (publ) (OM:NCC B).

NCC Develops New Office Project at Masthuggskajen in Gothenburg

NCC AB (publ) Hires Grete Aspelund as New Head of NCC Industry Business Area, Effective No Later Than November 1, 2022

Independent Director recently bought kr3.7m worth of stock

First quarter 2022 earnings released

Ncc AB (Publ) Announces Executive Appointments

Upcoming dividend of kr3.00 per share

President & CEO recently bought kr2.0m worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

President & CEO recently bought kr1.1m worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat