Af Gruppen ASA (OSE:AFG)

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Price: 146.4 NOK 0.97%

Market Cap: 15.9B NOK

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Section:

Relative Value

The Relative Value of one AFG stock under the Base Case scenario is 216.72 NOK. Compared to the current market price of 146.4 NOK, Af Gruppen ASA is Undervalued by 32%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

AFG Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

0.5

P/S

vs History	52
vs Industry	60

Median 5Y

0.5

Industry

0.8

Forward

0.5

More Details

31.2

P/E

vs History	7
vs Industry	18

Median 5Y

Industry

15.3

Forward

23.7

More Details

P/OCF

vs History	77
vs Industry	31

Median 5Y

9.7

Industry

8.9

More Details

15.4

P/FCFE

vs History	52
vs Industry	29

Median 5Y

16.7

Industry

13.1

More Details

P/B

vs History	20
vs Industry	5

Median 5Y

6.4

Industry

1.2

More Details

0.5

EV/S

vs History	49
vs Industry	62

Median 5Y

0.5

Industry

Forward

0.5

More Details

1.6

EV/GP

vs History	55
vs Industry	74

Median 5Y

1.8

Industry

5.2

More Details

11.1

EV/EBITDA

vs History	3
vs Industry	34

Median 5Y

9.2

Industry

9.7

Forward

9.4

More Details

EV/EBIT

vs History	4
vs Industry	25

Median 5Y

13.5

Industry

12.4

Forward

15.9

More Details

8.1

EV/OCF

vs History	73
vs Industry	33

Median 5Y

9.8

Industry

10.1

More Details

8.1

EV/FCFF

vs History	73
vs Industry	33

Median 5Y

12.3

Industry

12.6

More Details

EV/IC

vs History	77
vs Industry	14

Median 5Y

2.8

Industry

0.8

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
NO		Af Gruppen ASA OSE:AFG	15.9B NOK	0.5	31.2	11.1	21
IN		Larsen and Toubro Ltd F:LTO	56.9B EUR	2.1	37.2	21.4	25.5
IN		Larsen & Toubro Ltd NSE:LT	5T INR	2.1	37	21.3	25.3
FR		Vinci SA PAR:DG	56B EUR	0.8	12.2	6.2	9.1
US		Quanta Services Inc NYSE:PWR	48B USD	2.1	59.2	27	43
CN	C	China State Construction Engineering Corp Ltd SSE:601668	250.6B CNY	0.1	5	7.4	7.4
ES		Ferrovial SA MAD:FER	29.5B EUR	3.3	39.1	31.1	48
NL		Ferrovial SE AEX:FER	29.4B EUR	3.3	38.9	31.1	47.8
CA		WSP Global Inc TSX:WSP	31.7B CAD	2.1	49.1	16.6	25.9
US		EMCOR Group Inc NYSE:EME	21.4B USD	1.5	23.1	14.8	16.3
CN		China Railway Group Ltd SSE:601390	142.1B CNY	0.1	4.9	10.7	10.7

				Revenue Growth	P/S to Growth
NO		Af Gruppen ASA OSE:AFG	Average P/S: 1.6 0.5	9%	0.1
IN		Larsen and Toubro Ltd F:LTO	2.1	56%	0
IN		Larsen & Toubro Ltd NSE:LT	2.1	56%	0
FR		Vinci SA PAR:DG	0.8	13%	0.1
US		Quanta Services Inc NYSE:PWR	2.1	42%	0
CN	C	China State Construction Engineering Corp Ltd SSE:601668	0.1	12%	0
ES		Ferrovial SA MAD:FER	3.3	14%	0.2
NL		Ferrovial SE AEX:FER	3.3	14%	0.2
CA		WSP Global Inc TSX:WSP	2.1	6%	0.3
US		EMCOR Group Inc NYSE:EME	1.5	33%	0
CN		China Railway Group Ltd SSE:601390	0.1	6%	0

				Earnings Growth	P/E to Growth
NO		Af Gruppen ASA OSE:AFG	Average P/E: 30.6 31.2	160%	0.2
IN		Larsen and Toubro Ltd F:LTO	37.2	82%	0.5
IN		Larsen & Toubro Ltd NSE:LT	37	82%	0.5
FR		Vinci SA PAR:DG	12.2	20%	0.6
US		Quanta Services Inc NYSE:PWR	59.2	134%	0.4
CN	C	China State Construction Engineering Corp Ltd SSE:601668	5	8%	0.6
ES		Ferrovial SA MAD:FER	39.1	64%	0.6
NL		Ferrovial SE AEX:FER	38.9	64%	0.6
CA		WSP Global Inc TSX:WSP	49.1	157%	0.3
US		EMCOR Group Inc NYSE:EME	23.1	79%	0.3
CN		China Railway Group Ltd SSE:601390	4.9	1%	7.2

				EBITDA Growth	EV/EBITDA to Growth
NO		Af Gruppen ASA OSE:AFG	Average EV/EBITDA: 18.1 11.1	93%	0.1
IN		Larsen and Toubro Ltd F:LTO	21.4	71%	0.3
IN		Larsen & Toubro Ltd NSE:LT	21.3	71%	0.3
FR		Vinci SA PAR:DG	6.2	19%	0.3
US		Quanta Services Inc NYSE:PWR	27	72%	0.4
CN	C	China State Construction Engineering Corp Ltd SSE:601668	7.4	34%	0.2
ES		Ferrovial SA MAD:FER	31.1	68%	0.5
NL		Ferrovial SE AEX:FER	31.1	68%	0.5
CA		WSP Global Inc TSX:WSP	16.6	42%	0.4
US		EMCOR Group Inc NYSE:EME	14.8	60%	0.2
CN		China Railway Group Ltd SSE:601390	10.7	40%	0.3

				EBIT Growth	EV/EBIT to Growth
NO		Af Gruppen ASA OSE:AFG	Average EV/EBIT: 25.5 21	140%	0.2
IN		Larsen and Toubro Ltd F:LTO	25.5	79%	0.3
IN		Larsen & Toubro Ltd NSE:LT	25.3	79%	0.3
FR		Vinci SA PAR:DG	9.1	25%	0.4
US		Quanta Services Inc NYSE:PWR	43	84%	0.5
CN	C	China State Construction Engineering Corp Ltd SSE:601668	7.4	22%	0.3
ES		Ferrovial SA MAD:FER	48	106%	0.5
NL		Ferrovial SE AEX:FER	47.8	106%	0.5
CA		WSP Global Inc TSX:WSP	25.9	69%	0.4
US		EMCOR Group Inc NYSE:EME	16.3	56%	0.3
CN		China Railway Group Ltd SSE:601390	10.7	15%	0.7

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Af Gruppen ASA
OSE:AFG

Relative Value

Valuation Multiples

Multiples Across Competitors

AFG Competitors Multiples
Af Gruppen ASA Competitors

See Also

Company

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52 Week Range	115.6 149.8
Price Target

Af Gruppen ASA OSE:AFG

Relative Value

Valuation Multiples

Multiples Across Competitors

AFG Competitors Multiples Af Gruppen ASA Competitors

See Also

Company

Help

Tools

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Af Gruppen ASA
OSE:AFG

AFG Competitors Multiples
Af Gruppen ASA Competitors