Veidekke ASA
Research Veidekke ASA (VEI) on Bullrun: valuation model: 3.7% undervalued, market cap NOK 28.00B, P/E 16.6, dividend yield 5.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerVEI
- ExchangeOL
- CountryNorway
- SectorIndustrials
- IndustryEngineering & Construction
- CurrencyNOK
- Valuation signal3.7% undervalued
- Market capNOK 28.00B
- P/E16.6
- Dividend yield5.4%
- Financial periodQ1 2026
- RevenueNOK 9.65B
- Net incomeNOK 12.00M
- Free cash flowNOK 793.00M
- Gross margin100.0%
Valuation Snapshot
Bullrun's latest valuation model marks Veidekke ASA as 3.7% undervalued; latest market cap is NOK 28.00B; P/E is 16.6; dividend yield is 5.4%.
Peer valuation comparison
Latest P/E is 16.6x versus a Industrials sector median of 20.76x (20.0% below).
Latest dividend yield is 5.38% versus a Industrials sector median of 2.39% (125.1% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | NOK 43.14B | NOK 1.55B | n/a | 100.0% | n/a | NOK 2.60B | NOK 1.28B | NOK 3.68B |
| FY2024 | NOK 41.40B | NOK 1.26B | n/a | 100.0% | n/a | NOK 2.38B | NOK 1.55B | NOK 3.30B |
| FY2023 | NOK 43.15B | NOK 1.07B | n/a | 100.0% | n/a | NOK 2.06B | n/a | n/a |
| FY2022 | NOK 38.66B | NOK 1.09B | n/a | 100.0% | n/a | NOK 2.71B | n/a | n/a |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-28 | NOK 28.00B | 16.6 | 5.5% | 11.25 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 11.25 NOK, yield 5.4%.
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 engages in construction of commercial buildings such as offices, hotels, warehouses and other logistics buildings for the private sector, as well as schools, healthcare facilities and other public buildings;
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Frequently asked questions
Is Veidekke ASA overvalued or undervalued?
Bullrun's valuation model currently marks Veidekke ASA as 3.7% undervalued.
What is Veidekke ASA's market cap?
Veidekke ASA's market capitalization is NOK 28.00B.
What is Veidekke ASA's P/E ratio?
Veidekke ASA's price-to-earnings (P/E) ratio is 16.6.
Does Veidekke ASA pay a dividend?
Veidekke ASA has a dividend yield of 5.4%.
What does Veidekke ASA do?
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.