Norconsult ASA (OSE:NORCO)

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Price: 44.4 NOK 1.95%

Market Cap: 12.8B NOK

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Section:

Relative Value

The Relative Value of one NORCO stock under the Base Case scenario is 49.49 NOK. Compared to the current market price of 44.4 NOK, Norconsult ASA is Undervalued by 10%.

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?

NORCO Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

1.3

P/S

vs History	6
vs Industry	38

Median 5Y

Industry

0.8

Forward

1.3

More Details

P/E

vs History	6
vs Industry	17

Median 5Y

24.5

Industry

15.1

Forward

20.1

More Details

12.2

P/OCF

vs History	6
vs Industry	26

Median 5Y

Industry

8.9

More Details

23.3

P/FCFE

vs History	19
vs Industry	16

Median 5Y

18.4

Industry

13.3

More Details

5.5

P/B

vs History	6
vs Industry	9

Median 5Y

4.2

Industry

1.2

More Details

1.3

EV/S

vs History	6
vs Industry	41

Median 5Y

Industry

Forward

1.3

More Details

N/A

EV/GP

vs History
vs Industry

Median 5Y

Industry

5.3

More Details

13.6

EV/EBITDA

vs History	6
vs Industry	32

Median 5Y

9.9

Industry

9.5

Forward

10.1

More Details

27.1

EV/EBIT

vs History	6
vs Industry	17

Median 5Y

19.3

Industry

12.2

Forward

15.9

More Details

12.6

EV/OCF

vs History	6
vs Industry	28

Median 5Y

9.2

Industry

More Details

13.7

EV/FCFF

vs History	6
vs Industry	27

Median 5Y

10.1

Industry

12.4

More Details

2.5

EV/IC

vs History	6
vs Industry	16

Median 5Y

1.8

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	N	Norconsult ASA OSE:NORCO	12.8B NOK	1.3	35	13.6	27.1
FR		Vinci SA PAR:DG	56.7B EUR	0.8	12.3	6.2	9.1
IN		Larsen and Toubro Ltd F:LTO	55.5B EUR	2.1	36.2	20.9	24.8
IN		Larsen & Toubro Ltd NSE:LT	4.9T INR	2	36	20.7	24.6
US		Quanta Services Inc NYSE:PWR	45.6B USD	2	56.3	25.8	41
CN	C	China State Construction Engineering Corp Ltd SSE:601668	228.9B CNY	0.1	4.5	7.2	7.2
NL		Ferrovial SE AEX:FER	30.1B EUR	3.4	39.8	31.6	48.7
ES		Ferrovial SA MAD:FER	28.9B EUR	3.3	38.3	30.6	47.1
US		EMCOR Group Inc NYSE:EME	21.5B USD	1.5	23.2	14.9	16.4
CA		WSP Global Inc TSX:WSP	29.9B CAD	2	46.4	15.8	24.7
CN		China Railway Group Ltd SSE:601390	142.7B CNY	0.1	5	10.7	10.7

				Revenue Growth	P/S to Growth
NO	N	Norconsult ASA OSE:NORCO	Average P/S: 1.7 1.3	5%	0.3
FR		Vinci SA PAR:DG	0.8	4%	0.2
IN		Larsen and Toubro Ltd F:LTO	2.1	16%	0.1
IN		Larsen & Toubro Ltd NSE:LT	2	16%	0.1
US		Quanta Services Inc NYSE:PWR	2	13%	0.2
CN	C	China State Construction Engineering Corp Ltd SSE:601668	0.1	4%	0
NL		Ferrovial SE AEX:FER	3.4	5%	0.7
ES		Ferrovial SA MAD:FER	3.3	5%	0.7
US		EMCOR Group Inc NYSE:EME	1.5	10%	0.2
CA		WSP Global Inc TSX:WSP	2	1%	2
CN		China Railway Group Ltd SSE:601390	0.1	0%	N/A

				Earnings Growth	PEG
NO	N	Norconsult ASA OSE:NORCO	Average P/E: 30.3 35	13%	2.7
FR		Vinci SA PAR:DG	12.3	6%	2
IN		Larsen and Toubro Ltd F:LTO	36.2	22%	1.6
IN		Larsen & Toubro Ltd NSE:LT	36	22%	1.6
US		Quanta Services Inc NYSE:PWR	56.3	33%	1.7
CN	C	China State Construction Engineering Corp Ltd SSE:601668	4.5	3%	1.5
NL		Ferrovial SE AEX:FER	39.8	18%	2.2
ES		Ferrovial SA MAD:FER	38.3	18%	2.1
US		EMCOR Group Inc NYSE:EME	23.2	21%	1.1
CA		WSP Global Inc TSX:WSP	46.4	37%	1.3
CN		China Railway Group Ltd SSE:601390	5	4%	1.2

				EBITDA Growth	EV/EBITDA to Growth
NO	N	Norconsult ASA OSE:NORCO	Average EV/EBITDA: 18 13.6	11%	1.2
FR		Vinci SA PAR:DG	6.2	6%	1
IN		Larsen and Toubro Ltd F:LTO	20.9	20%	1
IN		Larsen & Toubro Ltd NSE:LT	20.7	20%	1
US		Quanta Services Inc NYSE:PWR	25.8	20%	1.3
CN	C	China State Construction Engineering Corp Ltd SSE:601668	7.2	10%	0.7
NL		Ferrovial SE AEX:FER	31.6	19%	1.7
ES		Ferrovial SA MAD:FER	30.6	19%	1.6
US		EMCOR Group Inc NYSE:EME	14.9	18%	0.8
CA		WSP Global Inc TSX:WSP	15.8	12%	1.3
CN		China Railway Group Ltd SSE:601390	10.7	12%	0.9

				EBIT Growth	EV/EBIT to Growth
NO	N	Norconsult ASA OSE:NORCO	Average EV/EBIT: 25.6 27.1	16%	1.7
FR		Vinci SA PAR:DG	9.1	8%	1.1
IN		Larsen and Toubro Ltd F:LTO	24.8	21%	1.2
IN		Larsen & Toubro Ltd NSE:LT	24.6	21%	1.2
US		Quanta Services Inc NYSE:PWR	41	23%	1.8
CN	C	China State Construction Engineering Corp Ltd SSE:601668	7.2	7%	1
NL		Ferrovial SE AEX:FER	48.7	27%	1.8
ES		Ferrovial SA MAD:FER	47.1	27%	1.7
US		EMCOR Group Inc NYSE:EME	16.4	18%	0.9
CA		WSP Global Inc TSX:WSP	24.7	19%	1.3
CN		China Railway Group Ltd SSE:601390	10.7	5%	2.1

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Norconsult ASA
OSE:NORCO

Relative Value

Valuation Multiples

Multiples Across Competitors

NORCO Competitors Multiples
Norconsult ASA Competitors

See Also

Company

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52 Week Range	23.1 44.4
Price Target

Norconsult ASA OSE:NORCO

Relative Value

Valuation Multiples

Multiples Across Competitors

NORCO Competitors Multiples Norconsult ASA Competitors

See Also

Company

Help

Tools

Stocks

Norconsult ASA
OSE:NORCO

NORCO Competitors Multiples
Norconsult ASA Competitors