VEI Stock Overview
Veidekke ASA operates as a construction and property development company in Norway, Sweden, and Denmark.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Veidekke ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr112.40 |
| 52 Week High | kr122.80 |
| 52 Week Low | kr92.00 |
| Beta | 1.02 |
| 1 Month Change | -4.75% |
| 3 Month Change | 15.28% |
| 1 Year Change | -8.32% |
| 3 Year Change | -12.19% |
| 5 Year Change | 14.34% |
| Change since IPO | 2,203.28% |
Recent News & Updates
Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90
Apr 26
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90
Apr 05Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90
Mar 22Is It Time To Consider Buying Veidekke ASA (OB:VEI)?
Mar 13Calculating The Fair Value Of Veidekke ASA (OB:VEI)
Feb 29Recent updates
Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90
Apr 26Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90
Apr 05Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90
Mar 22Is It Time To Consider Buying Veidekke ASA (OB:VEI)?
Mar 13Calculating The Fair Value Of Veidekke ASA (OB:VEI)
Feb 29Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings
Feb 15Earnings Not Telling The Story For Veidekke ASA (OB:VEI)
Jan 05These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well
Sep 30Should You Think About Buying Veidekke ASA (OB:VEI) Now?
Jul 01Is Veidekke (OB:VEI) A Risky Investment?
Jun 13Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?
May 18Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price
Apr 14Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75
Feb 11Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital
Feb 03Should You Think About Buying Veidekke ASA (OB:VEI) Now?
Jan 10Veidekke (OB:VEI) Seems To Use Debt Quite Sensibly
Nov 01Veidekke (OB:VEI) Is Achieving High Returns On Its Capital
Sep 08These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well
Jul 26Results: Veidekke ASA Delivered A Surprise Loss And Now Analysts Have New Forecasts
May 15Veidekke's (OB:VEI) Upcoming Dividend Will Be Larger Than Last Year's
May 06Veidekke (OB:VEI) Is Paying Out A Larger Dividend Than Last Year
Apr 22Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?
Mar 30Is Veidekke ASA (OB:VEI) Trading At A 43% Discount?
Mar 14Under The Bonnet, Veidekke's (OB:VEI) Returns Look Impressive
Feb 28Veidekke (OB:VEI) Is Increasing Its Dividend To kr7.00
Feb 12These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Safely
Jan 11Veidekke (OB:VEI) Is Very Good At Capital Allocation
Nov 05Do Veidekke's (OB:VEI) Earnings Warrant Your Attention?
Sep 30We Think Veidekke (OB:VEI) Can Manage Its Debt With Ease
Aug 26Are Investors Undervaluing Veidekke ASA (OB:VEI) By 28%?
Jun 11Veidekke (OB:VEI) Seems To Use Debt Rather Sparingly
Apr 21Calculating The Intrinsic Value Of Veidekke ASA (OB:VEI)
Mar 10How Does Veidekke ASA (OB:VEI) Fare As A Dividend Stock?
Feb 25Should We Be Excited About The Trends Of Returns At Veidekke (OB:VEI)?
Feb 12Shareholder Returns
| VEI | NO Construction | NO Market | |
|---|---|---|---|
| 7D | -0.7% | 1.3% | 0.9% |
| 1Y | -8.3% | -3.0% | 4.6% |
Return vs Industry: VEI underperformed the Norwegian Construction industry which returned -3% over the past year.
Return vs Market: VEI underperformed the Norwegian Market which returned 4.6% over the past year.
Price Volatility
| VEI volatility | |
|---|---|
| VEI Average Weekly Movement | 3.8% |
| Construction Industry Average Movement | 4.8% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in NO Market | 10.5% |
| 10% least volatile stocks in NO Market | 2.9% |
Stable Share Price: VEI has not had significant price volatility in the past 3 months.
Volatility Over Time: VEI's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1936 | 8,012 | Jimmy Bengtsson | www.veidekke.com |
Veidekke ASA operates as a construction and property development company in Norway, Sweden, and Denmark. It operates through Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark segments. The company executes civil engineering operation with projects in the road maintenance, railways, power production, and airport segments; and infrastructure, extractive and heavy industries, energy, and recycling facilities/landfill projects.
Veidekke ASA Fundamentals Summary
| VEI fundamental statistics | |
|---|---|
| Market cap | kr15.16b |
| Earnings (TTM) | kr1.07b |
| Revenue (TTM) | kr43.15b |
14.2x
P/E Ratio0.4x
P/S RatioIs VEI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VEI income statement (TTM) | |
|---|---|
| Revenue | kr43.15b |
| Cost of Revenue | kr28.12b |
| Gross Profit | kr15.03b |
| Other Expenses | kr13.96b |
| Earnings | kr1.07b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 08, 2024
| Earnings per share (EPS) | 7.93 |
| Gross Margin | 34.83% |
| Net Profit Margin | 2.48% |
| Debt/Equity Ratio | 16.4% |
How did VEI perform over the long term?
See historical performance and comparisonDividends
7.0%
Current Dividend Yield100%
Payout RatioDoes VEI pay a reliable dividends?
See VEI dividend history and benchmarks| Veidekke dividend dates | |
|---|---|
| Ex Dividend Date | May 08 2024 |
| Dividend Pay Date | May 22 2024 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 25 days |
Does VEI pay a reliable dividends?
See VEI dividend history and benchmarks