Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Not financial advice. Analytical data for research only.
Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.
Veidekke ASA is a leading Scandinavian construction and property development company founded in 1936, initially as a cobblestone manufacturer and layer, and now one of the largest in Norway and the fourth largest in the region. Headquartered in Oslo, Norway, it operates across Norway, Sweden, and Denmark through segments including Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark/Hoffmann. The company undertakes diverse projects such as residential and non-residential buildings like schools, healthcare facilities, offices, hotels, and shopping centers; civil engineering for roads, railways, bridges, tunnels, power stations, and airports; as well as asphalt production, aggregates, road maintenance, and industrial waste recycling. With approximately 7,800 employees and annual revenue exceeding $3.75 billion, Veidekke ASA emphasizes employee ownership and sustainability, targeting net-zero emissions by 2045 with validated science-based goals for GHG reductions. Its integrated model supports public, commercial, and residential sectors, contributing significantly to regional infrastructure and urban development.
NOK 207.00
+NOK 1.00 (+0.49%)
EOD Sep 15, 2026
Even for strong businesses, today's 18x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
17.5x earnings, 7.7x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue
N/A
Net Income (TTM)
NOK 1.67B
▲ +20.3% YoY
Op. Margin
—
ROIC
31.41%
▲ +4.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
NOK 3.25B
▲ +75.6% YoY
Op. Cash Flow (TTM)
NOK 3.67B
▲ +26.2% YoY
Net Debt
-NOK 2.77B
Net Cash Position
Cash & Equiv.
NOK 4.04B
3Y CAGR: +3.3%
3Y CAGR: +62.7%
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At a P/E of 17.5 and a price-to-free-cash-flow of 7.7, Veidekke ASA (VEI.XOSL) trades below a two-stage DCF intrinsic value of about NOK 1,211.32 per share, so at NOK 207.00 the stock looks undervalued (485.2% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Veidekke ASA scores 87/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 4.9%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about NOK 1,211.32 per share for VEI.XOSL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around NOK 908.49. At today's NOK 207.00, that puts the stock about 485.2% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Veidekke ASA scores 87 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 31.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Veidekke ASA pays a regular dividend of about NOK 10.13 per share per year (typically in quarterly installments), a yield of roughly 4.9% at the current price. That is a payout ratio of about 73.0% of earnings, so the dividend is covered, with less cushion. Veidekke ASA has grown the dividend at roughly 11.9% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For VEI.XOSL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. VEI.XOSL currently trades below its estimated intrinsic value and scores 87/100 on quality (high-quality). It also yields about 4.9%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.