VE

Veidekke ASA (VEI)

IndustrialsEngineering & Construction
182.20NOK
+3.55%
Magic Rank
#1
Earnings Yield
8.6%
Return on Capital
> 999%
Market Cap
23.1B

Performance vs S&P 500 (5Y)

VEI.OL
S&P 500

About Veidekke ASA

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/Hoffmann 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, as well as asphalt-laying. It also operates as construction contractors for apartment complexes and non-residential buildings, such as schools, healthcare facilities, cultural buildings, office buildings, hotels, and shopping centres; and offers construction and renovation services for public, commercial, and residential buildings. In the addition, the company produces asphalt and aggregates. Veidekke ASA was founded in 1936 and is headquartered in Oslo, Norway.

Magic Formula Analysis

Enterprise Value20.7B
Market / Universe
no
Norway

"A company with high ROC and high EY is statistically more likely to outperform the market."

Key Indicators

P/E Ratio17.24
Dividend Yield5.4%
Debt to Equity-0.70
Gross Margin6.7%