NRC Group Valuation
Is NRC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of NRC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NRC (NOK3.51) is trading below our estimate of fair value (NOK37.48)
Significantly Below Fair Value: NRC is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NRC?
Other financial metrics that can be useful for relative valuation.
| What is NRC's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | n/a |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.2x |
| Enterprise Value/EBITDA | -28.4x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does NRC's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 5.3x | ||
IWS Integrated Wind Solutions | 5.6x | 35.3% | NOK 1.9b |
ARGEO Argeo | 1.8x | 27.5% | NOK 610.3m |
ININ Inin Group | 0.3x | 10.0% | NOK 449.5m |
OSUN Ocean Sun | 13.5x | n/a | NOK 83.7m |
NRC NRC Group | 0.08x | 3.3% | NOK 536.5m |
Price-To-Sales vs Peers: NRC is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (5.3x).
Price to Earnings Ratio vs Industry
How does NRC's PE Ratio compare vs other companies in the European Construction Industry?
Price-To-Sales vs Industry: NRC is good value based on its Price-To-Sales Ratio (0.1x) compared to the European Construction industry average (0.5x).
Price to Sales Ratio vs Fair Ratio
What is NRC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.08x |
| Fair PS Ratio | 0.3x |
Price-To-Sales vs Fair Ratio: NRC is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.3x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | NOK 3.51 | NOK 4.60 +31.1% | 30.4% | NOK 6.00 | NOK 3.20 | n/a | 2 |
| Oct ’25 | NOK 3.62 | NOK 4.60 +27.1% | 30.4% | NOK 6.00 | NOK 3.20 | n/a | 2 |
| Oct ’24 | NOK 11.56 | NOK 22.50 +94.6% | 11.1% | NOK 25.00 | NOK 20.00 | NOK 3.62 | 2 |
| Sep ’24 | NOK 12.18 | NOK 22.50 +84.7% | 11.1% | NOK 25.00 | NOK 20.00 | NOK 5.34 | 2 |
| Aug ’24 | NOK 10.94 | NOK 22.50 +105.7% | 11.1% | NOK 25.00 | NOK 20.00 | NOK 10.45 | 2 |
| Jul ’24 | NOK 11.10 | NOK 22.50 +102.7% | 11.1% | NOK 25.00 | NOK 20.00 | NOK 13.55 | 2 |
| Jun ’24 | NOK 11.00 | NOK 22.50 +104.5% | 11.1% | NOK 25.00 | NOK 20.00 | NOK 12.50 | 2 |
| May ’24 | NOK 11.02 | NOK 22.50 +104.2% | 11.1% | NOK 25.00 | NOK 20.00 | NOK 12.60 | 2 |
| Apr ’24 | NOK 11.60 | NOK 27.50 +137.1% | 9.1% | NOK 30.00 | NOK 25.00 | NOK 11.92 | 2 |
| Mar ’24 | NOK 13.52 | NOK 27.50 +103.4% | 9.1% | NOK 30.00 | NOK 25.00 | NOK 11.00 | 2 |
| Feb ’24 | NOK 14.50 | NOK 27.50 +89.7% | 9.1% | NOK 30.00 | NOK 25.00 | NOK 10.78 | 2 |
| Jan ’24 | NOK 14.42 | NOK 27.50 +90.7% | 9.1% | NOK 30.00 | NOK 25.00 | NOK 10.70 | 2 |
| Dec ’23 | NOK 15.72 | NOK 27.50 +74.9% | 9.1% | NOK 30.00 | NOK 25.00 | NOK 10.56 | 2 |
| Nov ’23 | NOK 17.80 | NOK 31.50 +77.0% | 20.6% | NOK 38.00 | NOK 25.00 | NOK 11.52 | 2 |
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.