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Veidekke OB:VEI Stock Report

Last Price

kr114.80

Market Cap

kr15.5b

7D

-1.5%

1Y

8.9%

Updated

31 May, 2024

Data

Company Financials +

VEI Stock Overview

Operates as a construction and property development company in Norway, Sweden, and Denmark.

VEI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends4/6

Veidekke ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Veidekke
Historical stock prices
Current Share Pricekr114.80
52 Week Highkr118.80
52 Week Lowkr92.00
Beta1.02
1 Month Change-1.20%
3 Month Change2.87%
1 Year Change8.92%
3 Year Change-6.97%
5 Year Change38.31%
Change since IPO2,252.46%

Recent News & Updates

Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 11
Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

May 01
Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

Recent updates

Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 11
Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

May 01
Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90

Apr 26
Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90

Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90

Apr 05
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90

Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90

Mar 22
Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90

Is It Time To Consider Buying Veidekke ASA (OB:VEI)?

Mar 13
Is It Time To Consider Buying Veidekke ASA (OB:VEI)?

Calculating The Fair Value Of Veidekke ASA (OB:VEI)

Feb 29
Calculating The Fair Value Of Veidekke ASA (OB:VEI)

Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings

Feb 15
Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings

Earnings Not Telling The Story For Veidekke ASA (OB:VEI)

Jan 05
Earnings Not Telling The Story For Veidekke ASA (OB:VEI)

These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Sep 30
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Jul 01
Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Is Veidekke (OB:VEI) A Risky Investment?

Jun 13
Is Veidekke (OB:VEI) A Risky Investment?

Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?

May 18
Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?

Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price

Apr 14
Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price

Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75

Feb 11
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75

Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital

Feb 03
Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital

Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Jan 10
Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Veidekke (OB:VEI) Seems To Use Debt Quite Sensibly

Nov 01
Veidekke (OB:VEI) Seems To Use Debt Quite Sensibly

Veidekke (OB:VEI) Is Achieving High Returns On Its Capital

Sep 08
Veidekke (OB:VEI) Is Achieving High Returns On Its Capital

These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Jul 26
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Results: Veidekke ASA Delivered A Surprise Loss And Now Analysts Have New Forecasts

May 15
Results: Veidekke ASA Delivered A Surprise Loss And Now Analysts Have New Forecasts

Veidekke's (OB:VEI) Upcoming Dividend Will Be Larger Than Last Year's

May 06
Veidekke's (OB:VEI) Upcoming Dividend Will Be Larger Than Last Year's

Veidekke (OB:VEI) Is Paying Out A Larger Dividend Than Last Year

Apr 22
Veidekke (OB:VEI) Is Paying Out A Larger Dividend Than Last Year

Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?

Mar 30
Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?

Is Veidekke ASA (OB:VEI) Trading At A 43% Discount?

Mar 14
Is Veidekke ASA (OB:VEI) Trading At A 43% Discount?

Under The Bonnet, Veidekke's (OB:VEI) Returns Look Impressive

Feb 28
Under The Bonnet, Veidekke's (OB:VEI) Returns Look Impressive

Veidekke (OB:VEI) Is Increasing Its Dividend To kr7.00

Feb 12
Veidekke (OB:VEI) Is Increasing Its Dividend To kr7.00

These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Safely

Jan 11
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Safely

Veidekke (OB:VEI) Is Very Good At Capital Allocation

Nov 05
Veidekke (OB:VEI) Is Very Good At Capital Allocation

Do Veidekke's (OB:VEI) Earnings Warrant Your Attention?

Sep 30
Do Veidekke's (OB:VEI) Earnings Warrant Your Attention?

We Think Veidekke (OB:VEI) Can Manage Its Debt With Ease

Aug 26
We Think Veidekke (OB:VEI) Can Manage Its Debt With Ease

Are Investors Undervaluing Veidekke ASA (OB:VEI) By 28%?

Jun 11
Are Investors Undervaluing Veidekke ASA (OB:VEI) By 28%?

Veidekke (OB:VEI) Seems To Use Debt Rather Sparingly

Apr 21
Veidekke (OB:VEI) Seems To Use Debt Rather Sparingly

Calculating The Intrinsic Value Of Veidekke ASA (OB:VEI)

Mar 10
Calculating The Intrinsic Value Of Veidekke ASA (OB:VEI)

Shareholder Returns

VEINO ConstructionNO Market
7D-1.5%2.3%0.6%
1Y8.9%15.3%8.9%

Return vs Industry: VEI underperformed the Norwegian Construction industry which returned 14.7% over the past year.

Return vs Market: VEI matched the Norwegian Market which returned 8% over the past year.

Price Volatility

Is VEI's price volatile compared to industry and market?
VEI volatility
VEI Average Weekly Movement3.0%
Construction Industry Average Movement5.4%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market3.0%

Stable Share Price: VEI has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
19367,973Jimmy Bengtssonwww.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

How do Veidekke's earnings and revenue compare to its market cap?
VEI fundamental statistics
Market capkr15.50b
Earnings (TTM)kr1.19b
Revenue (TTM)kr43.16b

13.1x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VEI income statement (TTM)
Revenuekr43.16b
Cost of Revenuekr27.97b
Gross Profitkr15.19b
Other Expenseskr14.00b
Earningskr1.19b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 15, 2024

Earnings per share (EPS)8.80
Gross Margin35.20%
Net Profit Margin2.75%
Debt/Equity Ratio15.4%

How did VEI perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

84%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.