Veidekke ASA Financials
| VEI Stock | NOK 136.40 1.60 1.19% |
Veidekke |
Understanding current and past Veidekke ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Veidekke ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Veidekke ASA's assets may result in an increase in income on the income statement.
Veidekke ASA Stock Summary
Veidekke ASA competes with Eidesvik Offshore, Kitron ASA, Havila Shipping, Elkem ASA, and Vow ASA. Veidekke ASA operates as a construction and property development company in Norway, Sweden, and Denmark. The company was founded in 1936 and is headquartered in Oslo, Norway. Veidekke ASA operates under Construction - Industrial And Diversified classification in Norway and is traded on Oslo Stock Exchange. It employs 8461 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0005806802 |
| Business Address | Skabos vei 4, |
| Sector | Construction & Engineering |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | veidekke.com |
| Phone | 47 21 05 50 00 |
| Currency | NOK - Kroner |
You should never invest in Veidekke ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Veidekke Stock, because this is throwing your money away. Analyzing the key information contained in Veidekke ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Veidekke ASA Key Financial Ratios
There are many critical financial ratios that Veidekke ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Veidekke ASA reports annually and quarterly.| Return On Equity | 0.4 | |||
| Return On Asset | 0.0526 | |||
| Target Price | 123.75 | |||
| Number Of Employees | 33 | |||
| Beta | 0.87 |
Veidekke Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Veidekke ASA's current stock value. Our valuation model uses many indicators to compare Veidekke ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Veidekke ASA competition to find correlations between indicators driving Veidekke ASA's intrinsic value. More Info.Veidekke ASA is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Veidekke ASA is roughly 7.52 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Veidekke ASA's earnings, one of the primary drivers of an investment's value.Veidekke ASA Systematic Risk
Veidekke ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Veidekke ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Veidekke ASA correlated with the market. If Beta is less than 0 Veidekke ASA generally moves in the opposite direction as compared to the market. If Veidekke ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Veidekke ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Veidekke ASA is generally in the same direction as the market. If Beta > 1 Veidekke ASA moves generally in the same direction as, but more than the movement of the benchmark.
Veidekke ASA November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Veidekke ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Veidekke ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Veidekke ASA based on widely used predictive technical indicators. In general, we focus on analyzing Veidekke Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Veidekke ASA's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8716 | |||
| Information Ratio | 0.0248 | |||
| Maximum Drawdown | 6.33 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.62 |
Other Information on Investing in Veidekke Stock
Veidekke ASA financial ratios help investors to determine whether Veidekke Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Veidekke with respect to the benefits of owning Veidekke ASA security.