AF GRUPPEN ASA (AFG.OL) Stock Fundamental Analysis
Europe - OSL:AFG - NO0003078107 - Common Stock
170.4 NOK
+0.4 (+0.24%)
We assign a fundamental rating of 5 out of 10 to AFG. AFG was compared to 46 industry peers in the Construction & Engineering industry. AFG has only an average score on both its financial health and profitability. AFG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year AFG was profitable.
In the past year AFG had a positive cash flow from operations.
In the past 5 years AFG has always been profitable.
In the past 5 years AFG always reported a positive cash flow from operatings.
1.2 Ratios
AFG has a better Return On Assets (6.31%) than 71.74% of its industry peers.
Looking at the Return On Equity, with a value of 39.28%, AFG belongs to the top of the industry, outperforming 80.43% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 19.85%, AFG belongs to the top of the industry, outperforming 86.96% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AFG is above the industry average of 11.79%.
The 3 year average ROIC (15.77%) for AFG is below the current ROIC(19.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 39.28% | ||
| ROIC | 19.85% |
ROA(3y)4.7%
ROA(5y)5.88%
ROE(3y)27.22%
ROE(5y)31.5%
ROIC(3y)15.77%
ROIC(5y)17.17%
1.3 Margins
AFG has a Profit Margin (3.21%) which is comparable to the rest of the industry.
AFG's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 4.52%, AFG is doing worse than 63.04% of the companies in the same industry.
AFG's Operating Margin has declined in the last couple of years.
AFG's Gross Margin of 35.36% is in line compared to the rest of the industry. AFG outperforms 41.30% of its industry peers.
AFG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.52% | ||
| PM (TTM) | 3.21% | ||
| GM | 35.36% |
OM growth 3Y-13.09%
OM growth 5Y-7.84%
PM growth 3Y-14.18%
PM growth 5Y-9.36%
GM growth 3Y2.15%
GM growth 5Y0.2%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), AFG is creating value.
Compared to 1 year ago, AFG has more shares outstanding
The number of shares outstanding for AFG has been increased compared to 5 years ago.
Compared to 1 year ago, AFG has an improved debt to assets ratio.
2.2 Solvency
AFG has an Altman-Z score of 2.96. This is not the best score and indicates that AFG is in the grey zone with still only limited risk for bankruptcy at the moment.
AFG has a Altman-Z score of 2.96. This is amongst the best in the industry. AFG outperforms 82.61% of its industry peers.
AFG has a debt to FCF ratio of 0.71. This is a very positive value and a sign of high solvency as it would only need 0.71 years to pay back of all of its debts.
AFG's Debt to FCF ratio of 0.71 is amongst the best of the industry. AFG outperforms 91.30% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that AFG is not too dependend on debt financing.
The Debt to Equity ratio of AFG (0.48) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 0.71 | ||
| Altman-Z | 2.96 |
ROIC/WACC2.36
WACC8.42%
2.3 Liquidity
AFG has a Current Ratio of 0.65. This is a bad value and indicates that AFG is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.65, AFG is not doing good in the industry: 95.65% of the companies in the same industry are doing better.
A Quick Ratio of 0.62 indicates that AFG may have some problems paying its short term obligations.
With a Quick ratio value of 0.62, AFG is not doing good in the industry: 93.48% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
AFG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 176.68%, which is quite impressive.
AFG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.07% yearly.
AFG shows a small growth in Revenue. In the last year, the Revenue has grown by 2.03%.
AFG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.26% yearly.
EPS 1Y (TTM)176.68%
EPS 3Y-12.01%
EPS 5Y-5.07%
EPS Q2Q%3657.14%
Revenue 1Y (TTM)2.03%
Revenue growth 3Y3.21%
Revenue growth 5Y6.26%
Sales Q2Q%2.05%
3.2 Future
The Earnings Per Share is expected to grow by 24.94% on average over the next years. This is a very strong growth
Based on estimates for the next years, AFG will show a small growth in Revenue. The Revenue will grow by 3.83% on average per year.
EPS Next Y63.8%
EPS Next 2Y34.6%
EPS Next 3Y24.94%
EPS Next 5YN/A
Revenue Next Year3.43%
Revenue Next 2Y4.06%
Revenue Next 3Y3.83%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AFG is valuated rather expensively with a Price/Earnings ratio of 18.83.
69.57% of the companies in the same industry are cheaper than AFG, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.11. AFG is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 15.72, AFG is valued correctly.
Based on the Price/Forward Earnings ratio, AFG is valued a bit more expensive than 65.22% of the companies in the same industry.
AFG's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.55.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.83 | ||
| Fwd PE | 15.72 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AFG is on the same level as its industry peers.
AFG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AFG is cheaper than 78.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.91 | ||
| EV/EBITDA | 9.06 |
4.3 Compensation for Growth
AFG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AFG has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as AFG's earnings are expected to grow with 24.94% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y34.6%
EPS Next 3Y24.94%
5. Dividend
5.1 Amount
AFG has a Yearly Dividend Yield of 2.94%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.64, AFG pays a bit more dividend than its industry peers.
AFG's Dividend Yield is a higher than the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
5.2 History
The dividend of AFG decreases each year by -16.34%.
Dividend Growth(5Y)-16.34%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
55.38% of the earnings are spent on dividend by AFG. This is a bit on the high side, but may be sustainable.
DP55.38%
EPS Next 2Y34.6%
EPS Next 3Y24.94%
OSL:AFG (10/31/2025, 7:00:00 PM)
170.4
+0.4 (+0.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners15.08%
Inst Owner ChangeN/A
Ins Owners4.64%
Ins Owner ChangeN/A
Market Cap18.49B
Revenue(TTM)30.74B
Net Income(TTM)986.00M
Analysts74.29
Price Target164.9 (-3.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
Yearly Dividend3.49
Dividend Growth(5Y)-16.34%
DP55.38%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.67%
Min EPS beat(2)-27.73%
Max EPS beat(2)29.08%
EPS beat(4)2
Avg EPS beat(4)3.5%
Min EPS beat(4)-27.73%
Max EPS beat(4)29.08%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-1.06%
Min Revenue beat(2)-5.26%
Max Revenue beat(2)3.14%
Revenue beat(4)2
Avg Revenue beat(4)-0.02%
Min Revenue beat(4)-5.26%
Max Revenue beat(4)3.22%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)10.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)3.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.88%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.83 | ||
| Fwd PE | 15.72 | ||
| P/S | 0.6 | ||
| P/FCF | 7.91 | ||
| P/OCF | 7.91 | ||
| P/B | 7.37 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.06 |
EPS(TTM)9.05
EY5.31%
EPS(NY)10.84
Fwd EY6.36%
FCF(TTM)21.54
FCFY12.64%
OCF(TTM)21.54
OCFY12.64%
SpS283.2
BVpS23.13
TBVpS-19.68
PEG (NY)0.3
PEG (5Y)N/A
Graham Number68.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 39.28% | ||
| ROCE | 26.4% | ||
| ROIC | 19.85% | ||
| ROICexc | 24.12% | ||
| ROICexgc | N/A | ||
| OM | 4.52% | ||
| PM (TTM) | 3.21% | ||
| GM | 35.36% | ||
| FCFM | 7.61% |
ROA(3y)4.7%
ROA(5y)5.88%
ROE(3y)27.22%
ROE(5y)31.5%
ROIC(3y)15.77%
ROIC(5y)17.17%
ROICexc(3y)18.71%
ROICexc(5y)20.81%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)20.97%
ROCE(5y)23.25%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-8.52%
ROICexc growth 5Y-2.24%
OM growth 3Y-13.09%
OM growth 5Y-7.84%
PM growth 3Y-14.18%
PM growth 5Y-9.36%
GM growth 3Y2.15%
GM growth 5Y0.2%
F-Score6
Asset Turnover1.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 0.71 | ||
| Debt/EBITDA | 0.57 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 15.62 | ||
| Cash Conversion | 110.13% | ||
| Profit Quality | 237.12% | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 2.96 |
F-Score6
WACC8.42%
ROIC/WACC2.36
Cap/Depr(3y)61.46%
Cap/Depr(5y)51.82%
Cap/Sales(3y)1.17%
Cap/Sales(5y)1.01%
Profit Quality(3y)217.38%
Profit Quality(5y)174.12%
High Growth Momentum
Growth
EPS 1Y (TTM)176.68%
EPS 3Y-12.01%
EPS 5Y-5.07%
EPS Q2Q%3657.14%
EPS Next Y63.8%
EPS Next 2Y34.6%
EPS Next 3Y24.94%
EPS Next 5YN/A
Revenue 1Y (TTM)2.03%
Revenue growth 3Y3.21%
Revenue growth 5Y6.26%
Sales Q2Q%2.05%
Revenue Next Year3.43%
Revenue Next 2Y4.06%
Revenue Next 3Y3.83%
Revenue Next 5YN/A
EBIT growth 1Y119.94%
EBIT growth 3Y-10.31%
EBIT growth 5Y-2.07%
EBIT Next Year131.26%
EBIT Next 3Y38.44%
EBIT Next 5YN/A
FCF growth 1Y435.01%
FCF growth 3Y17.55%
FCF growth 5Y10.63%
OCF growth 1Y435.01%
OCF growth 3Y16.15%
OCF growth 5Y8.01%
AF GRUPPEN ASA / AFG.OL FAQ
What is the ChartMill fundamental rating of AF GRUPPEN ASA (AFG.OL) stock?
ChartMill assigns a fundamental rating of 5 / 10 to AFG.OL.
Can you provide the valuation status for AF GRUPPEN ASA?
ChartMill assigns a valuation rating of 5 / 10 to AF GRUPPEN ASA (AFG.OL). This can be considered as Fairly Valued.
How profitable is AF GRUPPEN ASA (AFG.OL) stock?
AF GRUPPEN ASA (AFG.OL) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for AFG stock?
The Price/Earnings (PE) ratio for AF GRUPPEN ASA (AFG.OL) is 18.83 and the Price/Book (PB) ratio is 7.37.
Can you provide the expected EPS growth for AFG stock?
The Earnings per Share (EPS) of AF GRUPPEN ASA (AFG.OL) is expected to grow by 63.8% in the next year.