N

Norva24 Group AB (publ)
STO:NORVA

Watchlist Manager
Norva24 Group AB (publ)
STO:NORVA
Watchlist
Price: 36.1 SEK Market Closed
Market Cap: 6.6B SEK
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one NORVA stock under the Base Case scenario is 44.26 SEK. Compared to the current market price of 36.1 SEK, Norva24 Group AB (publ) is Undervalued by 18%.

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.

NORVA Relative Value
Base Case
44.26 SEK
Undervaluation 18%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

2
P/S
P/S
Price to Sales
2
vs History
30
vs Industry
30
Median 3Y
1.7
Median 5Y
1.7
Industry
1.1
Forward
1.7
More Details
40.4
P/E
P/E
Price to Earnings
40.4
vs History
9
vs Industry
10
Median 3Y
29.5
Median 5Y
28.1
Industry
14.7
Forward
25.4
More Details
10.8
P/OCF
P/OCF
Price to OCF
10.8
vs History
35
vs Industry
32
Median 3Y
10.2
Median 5Y
9.9
Industry
8.7
More Details
16.2
P/FCFE
P/FCFE
Price to FCFE
16.2
vs History
38
vs Industry
28
Median 3Y
15
Median 5Y
14.6
Industry
14.3
More Details
3.1
P/B
P/B
Price to Book Value
3.1
vs History
23
vs Industry
19
Median 3Y
2.6
Median 5Y
2.6
Industry
1.5
More Details
2.3
EV/S
EV/S
Enterprise Value to Sales
2.3
vs History
30
vs Industry
29
Median 3Y
2.1
Median 5Y
2
Industry
1.3
Forward
2.1
More Details
2.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.8
vs History
28
vs Industry
52
Median 3Y
2.5
Median 5Y
2.4
Industry
3.9
More Details
12.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.5
vs History
21
vs Industry
23
Median 3Y
10.4
Median 5Y
10.3
Industry
7.9
Forward
9.9
More Details
29.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
29.7
vs History
4
vs Industry
11
Median 3Y
24.1
Median 5Y
23.9
Industry
11.2
Forward
20.2
More Details
12.7
EV/OCF
EV/OCF
Enterprise Value to OCF
12.7
vs History
40
vs Industry
28
Median 3Y
12.4
Median 5Y
12.1
Industry
9.3
More Details
17.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
17.5
vs History
40
vs Industry
22
Median 3Y
17.4
Median 5Y
17
Industry
12.3
More Details
1.9
EV/IC
EV/IC
Enterprise Value to IC
1.9
vs History
28
vs Industry
23
Median 3Y
1.6
Median 5Y
1.6
Industry
1
More Details

Multiples Across Competitors

NORVA Competitors Multiples
Norva24 Group AB (publ) Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
Norva24 Group AB (publ)
STO:NORVA
6.6B SEK 2 40.4 12.5 29.7
US
Waste Management Inc
NYSE:WM
92.1B USD 4.2 33.5 17.8 27.5
US
Republic Services Inc
NYSE:RSG
76.1B USD 4.7 37.3 17.5 27.3
CA
Waste Connections Inc
TSX:WCN
69.8B CAD 5.6 81.5 20.3 34.2
US
Rollins Inc
NYSE:ROL
26.7B USD 7.9 57.4 35.1 41.2
US
Veralto Corp
NYSE:VLTO
22.2B USD 4.3 26.6 18.4 19.6
CA
GFL Environmental Inc
TSX:GFL
26.4B CAD 3.4 -32.8 17.6 77.9
UK
Rentokil Initial PLC
LSE:RTO
8.5B GBP 1.6 27.5 9.6 17.1
US
Clean Harbors Inc
NYSE:CLH
10.8B USD 1.8 26.8 11.9 19
US
Tetra Tech Inc
NASDAQ:TTEK
8.1B USD 1.8 31.2 14.4 16.3
US
Stericycle Inc
NASDAQ:SRCL
7.9B USD 3 218.9 21.3 42
P/E Multiple
Earnings Growth PEG
SE
N
Norva24 Group AB (publ)
STO:NORVA
Average P/E: 58.1
40.4
22%
1.8
US
Waste Management Inc
NYSE:WM
33.5
13%
2.6
US
Republic Services Inc
NYSE:RSG
37.3
9%
4.1
CA
Waste Connections Inc
TSX:WCN
81.5
44%
1.9
US
Rollins Inc
NYSE:ROL
57.4
14%
4.1
US
Veralto Corp
NYSE:VLTO
26.6
10%
2.7
CA
GFL Environmental Inc
TSX:GFL
Negative Multiple: -32.8 N/A N/A
UK
Rentokil Initial PLC
LSE:RTO
27.5
-23%
N/A
US
Clean Harbors Inc
NYSE:CLH
26.8
12%
2.2
US
Tetra Tech Inc
NASDAQ:TTEK
31.2
14%
2.2
US
Stericycle Inc
NASDAQ:SRCL
218.9
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SE
N
Norva24 Group AB (publ)
STO:NORVA
Average EV/EBITDA: 17.9
12.5
14%
0.9
US
Waste Management Inc
NYSE:WM
17.8
12%
1.5
US
Republic Services Inc
NYSE:RSG
17.5
7%
2.5
CA
Waste Connections Inc
TSX:WCN
20.3
10%
2
US
Rollins Inc
NYSE:ROL
35.1
11%
3.2
US
Veralto Corp
NYSE:VLTO
18.4
7%
2.6
CA
GFL Environmental Inc
TSX:GFL
17.6
5%
3.5
UK
Rentokil Initial PLC
LSE:RTO
9.6
9%
1.1
US
Clean Harbors Inc
NYSE:CLH
11.9
10%
1.2
US
Tetra Tech Inc
NASDAQ:TTEK
14.4
7%
2.1
US
Stericycle Inc
NASDAQ:SRCL
21.3
9%
2.4

See Also

Summary
NORVA intrinsic value, competitors valuation, and company profile.
DCF Valuation
NORVA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NORVA stock valuation using valuation multiples.
Wall Street Estimates
NORVA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NORVA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 246,200+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.