Arendals Fossekompani ASA

OB:AFK Stock Report

Market Cap: NOK 7.9b

Arendals Fossekompani Valuation

Is AFK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: AFK (NOK144) is trading above our estimate of fair value (NOK58.56)

Significantly Below Fair Value: AFK is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AFK?

Key metric: As AFK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AFK. This is calculated by dividing AFK's market cap by their current earnings.
What is AFK's PE Ratio?
PE Ratio32.6x
EarningsNOK 242.59m
Market CapNOK 7.91b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AFK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.7x
BONHR Bonheur
9.3x-14.4%NOK 10.9b
AKER Aker
12.6xn/aNOK 39.8b
NORCO Norconsult
33.7x30.1%NOK 12.4b
AFG AF Gruppen
31.1x25.8%NOK 15.8b
AFK Arendals Fossekompani
32.6x-50.7%NOK 7.9b

Price-To-Earnings vs Peers: AFK is expensive based on its Price-To-Earnings Ratio (32.6x) compared to the peer average (21.7x).

Price to Earnings Ratio vs Industry

How does AFK's PE Ratio compare vs other companies in the European Industrials Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AFK 32.6xIndustry Avg. 16.2xNo. of Companies4PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AFK is expensive based on its Price-To-Earnings Ratio (32.6x) compared to the European Industrials industry average (16.2x).

Price to Earnings Ratio vs Fair Ratio

What is AFK'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.

AFK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.6x
Fair PE Ratio4.7x

Price-To-Earnings vs Fair Ratio: AFK is expensive based on its Price-To-Earnings Ratio (32.6x) compared to the estimated Fair Price-To-Earnings Ratio (4.7x).

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 17:06
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Arendals Fossekompani ASA is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bård RosefPareto Securities