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Veidekke ASAOB:VEI Stock Report

Market Cap NOK 21.1b
Share Price
NOK 155.80
My Fair Value
NOK 150
3.9% overvalued intrinsic discount
1Y25.6%
7D-1.9%
Portfolio Value
View

Veidekke ASA

OB:VEI Stock Report

Market Cap: NOK 21.1b

Veidekke (VEI) Stock Overview

Operates as a construction and property development company in Norway, Sweden, and Denmark. More details

VEI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health5/6
Dividends3/6

VEI Community Fair Values

Create Narrative

See what 27 others think this stock is worth. Follow their fair value or set your own to get alerts.

Veidekke ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Veidekke
Historical stock prices
Current Share PriceNOK 155.80
52 Week HighNOK 172.00
52 Week LowNOK 122.20
Beta0.91
1 Month Change-4.06%
3 Month Change-5.23%
1 Year Change25.65%
3 Year Change88.39%
5 Year Change37.15%
Change since IPO3,092.62%

Recent News & Updates

Veidekke's (OB:VEI) Earnings Offer More Than Meets The Eye

Aug 23
Veidekke's (OB:VEI) Earnings Offer More Than Meets The Eye

kr150: That's What Analysts Think Veidekke ASA (OB:VEI) Is Worth After Its Latest Results

Aug 17
kr150: That's What Analysts Think Veidekke ASA (OB:VEI) Is Worth After Its Latest Results

Recent updates

Veidekke's (OB:VEI) Earnings Offer More Than Meets The Eye

Aug 23
Veidekke's (OB:VEI) Earnings Offer More Than Meets The Eye

kr150: That's What Analysts Think Veidekke ASA (OB:VEI) Is Worth After Its Latest Results

Aug 17
kr150: That's What Analysts Think Veidekke ASA (OB:VEI) Is Worth After Its Latest Results

When Should You Buy Veidekke ASA (OB:VEI)?

Jul 30
When Should You Buy Veidekke ASA (OB:VEI)?

Here's Why Veidekke (OB:VEI) Can Manage Its Debt Responsibly

May 25
Here's Why Veidekke (OB:VEI) Can Manage Its Debt Responsibly

kr150: That's What Analysts Think Veidekke ASA (OB:VEI) Is Worth After Its Latest Results

May 11
kr150: That's What Analysts Think Veidekke ASA (OB:VEI) Is Worth After Its Latest Results

Veidekke (OB:VEI) Is Increasing Its Dividend To NOK9.00

May 08
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK9.00

We Think Shareholders May Consider Being More Generous With Veidekke ASA's (OB:VEI) CEO Compensation Package

May 01
We Think Shareholders May Consider Being More Generous With Veidekke ASA's (OB:VEI) CEO Compensation Package

Veidekke (OB:VEI) Is Increasing Its Dividend To NOK9.00

Apr 15
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK9.00

Returns On Capital Are A Standout For Veidekke (OB:VEI)

Apr 09
Returns On Capital Are A Standout For Veidekke (OB:VEI)

Veidekke (OB:VEI) Has Announced That It Will Be Increasing Its Dividend To NOK9.00

Mar 25
Veidekke (OB:VEI) Has Announced That It Will Be Increasing Its Dividend To NOK9.00

Why Veidekke's (OB:VEI) Earnings Are Better Than They Seem

Feb 21
Why Veidekke's (OB:VEI) Earnings Are Better Than They Seem

Veidekke ASA (OB:VEI) Annual Results: Here's What Analysts Are Forecasting For This Year

Feb 16
Veidekke ASA (OB:VEI) Annual Results: Here's What Analysts Are Forecasting For This Year

Analyst Estimates: Here's What Brokers Think Of Veidekke ASA (OB:VEI) After Its Third-Quarter Report

Nov 10
Analyst Estimates: Here's What Brokers Think Of Veidekke ASA (OB:VEI) After Its Third-Quarter Report

Veidekke (OB:VEI) Knows How To Allocate Capital Effectively

Oct 02
Veidekke (OB:VEI) Knows How To Allocate Capital Effectively

We Think Veidekke's (OB:VEI) Robust Earnings Are Conservative

Aug 22
We Think Veidekke's (OB:VEI) Robust Earnings Are Conservative

Earnings Beat: Veidekke ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 19
Earnings Beat: Veidekke ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?

Jul 17
Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?

Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 11
Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

May 01
Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90

Apr 26
Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90

Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90

Apr 05
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90

Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90

Mar 22
Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90

Is It Time To Consider Buying Veidekke ASA (OB:VEI)?

Mar 13
Is It Time To Consider Buying Veidekke ASA (OB:VEI)?

Calculating The Fair Value Of Veidekke ASA (OB:VEI)

Feb 29
Calculating The Fair Value Of Veidekke ASA (OB:VEI)

Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings

Feb 15
Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings

Earnings Not Telling The Story For Veidekke ASA (OB:VEI)

Jan 05
Earnings Not Telling The Story For Veidekke ASA (OB:VEI)

These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Sep 30
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Jul 01
Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Is Veidekke (OB:VEI) A Risky Investment?

Jun 13
Is Veidekke (OB:VEI) A Risky Investment?

Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?

May 18
Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?

Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price

Apr 14
Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price

Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75

Feb 11
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75

Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital

Feb 03
Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital

Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Jan 10
Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Shareholder Returns

VEINO ConstructionNO Market
7D-1.9%-4.2%-2.0%
1Y25.6%2.9%6.0%

Return vs Industry: VEI exceeded the Norwegian Construction industry which returned 2.9% over the past year.

Return vs Market: VEI exceeded the Norwegian Market which returned 6% over the past year.

Price Volatility

Is VEI's price volatile compared to industry and market?
VEI volatility
VEI Average Weekly Movement2.1%
Construction Industry Average Movement3.8%
Market Average Movement4.4%
10% most volatile stocks in NO Market10.4%
10% least volatile stocks in NO Market2.3%

Stable Share Price: VEI has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: VEI's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19367,828Jimmy Bengtssonwww.veidekke.com

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 executes civil engineering operation with projects in the road maintenance, railways, power production, and airport segments; and infrastructure, extractive and heavy industries, energy, and recycling facilities/landfill projects, as well as asphalt-laying.

Veidekke ASA Fundamentals Summary

How do Veidekke's earnings and revenue compare to its market cap?
VEI fundamental statistics
Market capNOK 21.05b
Earnings (TTM)NOK 1.27b
Revenue (TTM)NOK 41.51b
16.6x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VEI income statement (TTM)
RevenueNOK 41.51b
Cost of RevenueNOK 25.49b
Gross ProfitNOK 16.02b
Other ExpensesNOK 14.75b
EarningsNOK 1.27b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 06, 2025

Earnings per share (EPS)9.39
Gross Margin38.59%
Net Profit Margin3.06%
Debt/Equity Ratio14.9%

How did VEI perform over the long term?

See historical performance and comparison

Dividends

5.8%
Current Dividend Yield
95%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/17 19:38
End of Day Share Price 2025/10/17 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Veidekke ASA is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Mikkel Nyholt-SmedsengCarnegie Investment Bank AB
Simen MortensenDNB Carnegie