Norva24 Group Valuation
Is NORVA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 NORVA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NORVA (SEK27.85) is trading below our estimate of fair value (SEK64.15)
Significantly Below Fair Value: NORVA is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NORVA?
Other financial metrics that can be useful for relative valuation.
| What is NORVA's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | NOK 5.26b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.1x |
| Enterprise Value/EBITDA | 15.6x |
| PEG Ratio | 1.7x |
Price to Earnings Ratio vs Peers
How does NORVA's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 20.9x | ||
GREEN Green Landscaping Group | 22x | 18.7% | SEK 4.5b |
SDIP B Sdiptech | 26.7x | 13.9% | SEK 11.5b |
SVIK Studsvik | 21x | 19.7% | SEK 1.1b |
ITAB ITAB Shop Concept | 13.9x | 9.5% | SEK 5.3b |
NORVA Norva24 Group | 24.4x | 14.3% | SEK 5.1b |
Price-To-Earnings vs Peers: NORVA is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the peer average (20.9x).
Price to Earnings Ratio vs Industry
How does NORVA's PE Ratio compare vs other companies in the European Commercial Services Industry?
Price-To-Earnings vs Industry: NORVA is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the European Commercial Services industry average (13x).
Price to Earnings Ratio vs Fair Ratio
What is NORVA'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 24.4x |
| Fair PE Ratio | 19.2x |
Price-To-Earnings vs Fair Ratio: NORVA is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the estimated Fair Price-To-Earnings Ratio (19.2x).
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 | SEK 27.85 | SEK 35.00 +25.7% | 8.7% | SEK 38.00 | SEK 30.00 | n/a | 5 |
| Jul ’25 | SEK 29.60 | SEK 34.25 +15.7% | 8.6% | SEK 37.00 | SEK 30.00 | n/a | 4 |
| Jun ’25 | SEK 29.95 | SEK 33.75 +12.7% | 9.7% | SEK 37.00 | SEK 30.00 | n/a | 4 |
| May ’25 | SEK 25.70 | SEK 32.75 +27.4% | 9.3% | SEK 37.00 | SEK 29.00 | n/a | 4 |
| Apr ’25 | SEK 25.50 | SEK 32.75 +28.4% | 9.3% | SEK 37.00 | SEK 29.00 | n/a | 4 |
| Mar ’25 | SEK 25.65 | SEK 32.75 +27.7% | 9.3% | SEK 37.00 | SEK 29.00 | n/a | 4 |
| Feb ’25 | SEK 27.90 | SEK 31.00 +11.1% | 8.8% | SEK 34.00 | SEK 27.00 | n/a | 4 |
| Jan ’25 | SEK 23.70 | SEK 31.00 +30.8% | 8.8% | SEK 34.00 | SEK 27.00 | n/a | 4 |
| Dec ’24 | SEK 22.95 | SEK 31.00 +35.1% | 8.8% | SEK 34.00 | SEK 27.00 | n/a | 4 |
| Nov ’24 | SEK 18.36 | SEK 29.00 +58.0% | 15.6% | SEK 34.00 | SEK 24.00 | n/a | 4 |
| Oct ’24 | SEK 19.22 | SEK 29.00 +50.9% | 15.6% | SEK 34.00 | SEK 24.00 | n/a | 4 |
| Sep ’24 | SEK 24.25 | SEK 30.00 +23.7% | 12.2% | SEK 34.00 | SEK 25.00 | n/a | 4 |
| Aug ’24 | SEK 26.55 | SEK 34.50 +29.9% | 13.7% | SEK 42.00 | SEK 30.00 | SEK 30.65 | 4 |
| Jul ’24 | SEK 24.90 | SEK 34.50 +38.6% | 13.7% | SEK 42.00 | SEK 30.00 | SEK 29.60 | 4 |
| Jun ’24 | SEK 25.75 | SEK 35.25 +36.9% | 12.3% | SEK 42.00 | SEK 30.00 | SEK 29.95 | 4 |
| May ’24 | SEK 28.10 | SEK 36.00 +28.1% | 9.8% | SEK 42.00 | SEK 33.00 | SEK 25.70 | 4 |
| Apr ’24 | SEK 29.00 | SEK 36.00 +24.1% | 9.8% | SEK 42.00 | SEK 33.00 | SEK 25.50 | 4 |
| Mar ’24 | SEK 31.00 | SEK 38.25 +23.4% | 9.3% | SEK 42.00 | SEK 33.00 | SEK 25.65 | 4 |
| Feb ’24 | SEK 35.68 | SEK 38.00 +6.5% | 4.9% | SEK 41.00 | SEK 36.00 | SEK 27.90 | 4 |
| Jan ’24 | SEK 33.80 | SEK 38.00 +12.4% | 4.9% | SEK 41.00 | SEK 36.00 | SEK 23.70 | 4 |
| Dec ’23 | SEK 32.62 | SEK 37.00 +13.4% | 6.0% | SEK 40.00 | SEK 34.00 | SEK 22.95 | 4 |
| Nov ’23 | SEK 31.54 | SEK 37.00 +17.3% | 5.1% | SEK 39.00 | SEK 34.00 | SEK 18.36 | 4 |
| Oct ’23 | SEK 31.83 | SEK 37.00 +16.3% | 5.1% | SEK 39.00 | SEK 34.00 | SEK 19.22 | 4 |
| Sep ’23 | SEK 32.77 | SEK 37.00 +12.9% | 5.1% | SEK 39.00 | SEK 34.00 | SEK 24.25 | 4 |
| Aug ’23 | SEK 35.79 | SEK 35.00 -2.2% | 6.4% | SEK 38.00 | SEK 32.00 | SEK 26.55 | 4 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.