AF Gruppen ASA (AFG.OL)
Oslo, NO
AF Gruppen ASA is a diversified industrial and contracting group with core operations primarily in Norway and Sweden. The company specializes across several key sectors, including civil engineering, building construction, property development, energy solutions, environmental services, and offshore activities. Its Civil Engineering division executes a wide array of infrastructure projects, encompassing specialized undertakings in roads, railways, port facilities, airports, tunnels, foundation work, power generation, energy infrastructure, and onshore facilities for the oil and gas industry. The Construction arm focuses on designing, building, and renovating commercial, residential, and public structures. Betonmast functions as a primary contractor for significant residential, commercial, and public constructions, alongside its own property development ventures. Complementing this, the Property segment is dedicated to creating new residential units and commercial buildings. The Energy and Environment sector delivers intelligent and sustainable energy solutions for both buildings and industrial clients, complemented by comprehensive demolition and recycling capabilities. In Sweden, the company undertakes a similar range of activities, covering construction, civil engineering, property development, and environmental initiatives. Finally, AF Gruppen's Offshore division is responsible for the dismantling, demolition, and eco-friendly recycling of marine installations. Furthermore, it provides construction, alteration, and upkeep services for equipment such as cranes, modules, and drilling rigs, including heating, ventilation, air conditioning, and cooling systems. Founded in 1985, the company maintains its headquarters in Oslo, Norway.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.86% | +2.75% | +0.11% | -3.03% | -1.32% | -3.76% | +18.97% | +27.96% | -6.27% | +38.53% | +2,142.50% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 1 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Engineering & Construction: +6.7%+5.9% Q1'26: +11.9% (vs Q1'25)
-
EPS growth Engineering & Construction: +20.8%+52.3% ★ Q1'26: +44.9% (vs Q1'25)
-
FCF margin FCF growth · Engineering & Construction: +51.6%+7.5% Q1'26: +0.0% (vs Q1'25)
-
EBIT margin Engineering & Construction: +7.0%+4.6% Q1'26: +3.8% (vs Q1'25)
-
ROIC Engineering & Construction: +6.4%+37.7% ★ Q1'26: +31.1% (vs Q1'25)
-
Share dilution Engineering & Construction: +0.0%+1.4% Q1'26: +0.8% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×0.67× ★ Q1'26: 0.79× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2010 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 2 Rev. Ana. 3 EPS Ana. |
Dec 2027 3 Rev. Ana. 3 EPS Ana. |
Dec 2028 2 Rev. Ana. 2 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
5.75B
est: 5.94B (-3.1%)
|
7.27B
est: 7.04B (+3.2%)
|
9.68B
est: 9.98B (-3.1%)
|
10.04B
est: 10.73B (-6.4%)
|
9.88B
est: 9.93B (-0.5%)
|
12.34B
est: 12.32B (+0.2%)
|
11.77B
est: 12.52B (-5.9%)
|
13.64B
est: 13.38B (+1.9%)
|
18.68B
est: 17.84B (+4.7%)
|
22.49B
est: 23.41B (-3.9%)
|
26.94B
est: 26.73B (+0.8%)
|
27.75B
est: 27.78B (-0.1%)
|
30.97B
est: 31.23B (-0.8%)
|
30.53B
est: 30.04B (+1.6%)
|
30.22B
est: 30.18B (+0.1%)
|
31.99B
est: 31.82B (+0.6%)
|
34.61B
34.13B – 35.09B
+8.8% YoY
|
36.02B
35.12B – 36.92B
+4.1% YoY
|
37.04B
37.00B – 37.08B
+2.8% YoY
|
37.92B
37.17B – 38.65B
+2.4% YoY
|
| EBITDA |
474.00M
est: 524.09M (-9.6%)
|
490.00M
est: 564.61M (-13.2%)
|
406.00M
est: 684.81M (-40.7%)
|
598.00M
est: 414.64M (+44.2%)
|
633.00M
est: 629.09M (+0.6%)
|
1.09B
est: 871.39M (+24.7%)
|
1.20B
est: 1.08B (+11.4%)
|
1.03B
est: 1.19B (-13.8%)
|
1.20B
est: 1.34B (-10.7%)
|
1.66B
est: 1.59B (+4.4%)
|
1.86B
est: 1.91B (-3.1%)
|
2.08B
est: 2.06B (+0.9%)
|
1.84B
est: 2.15B (-14.6%)
|
1.38B
est: 1.85B (-25.5%)
|
1.74B
est: 1.86B (-6.2%)
|
2.26B
est: 1.96B (+15.3%)
|
2.13B
2.10B – 2.16B
+8.8% YoY
|
2.22B
2.16B – 2.27B
+4.1% YoY
|
2.28B
2.27B – 2.28B
+2.8% YoY
|
2.33B
2.29B – 2.38B
+2.4% YoY
|
| EBIT |
377.00M
est: 368.15M (+2.4%)
|
405.00M
est: 434.13M (-6.7%)
|
300.00M
est: 552.95M (-45.7%)
|
588.00M
est: 348.04M (+68.9%)
|
644.00M
est: 527.02M (+22.2%)
|
1.04B
est: 799.62M (+30.2%)
|
1.06B
est: 1.03B (+3.4%)
|
862.00M
est: 1.10B (-21.4%)
|
1.02B
est: 1.24B (-18.0%)
|
1.18B
est: 1.48B (-20.7%)
|
1.29B
est: 1.53B (-15.8%)
|
1.52B
est: 1.65B (-7.9%)
|
1.31B
est: 1.72B (-23.5%)
|
799.00M
est: 1.23B (-34.8%)
|
1.04B
est: 1.23B (-15.2%)
|
1.48B
est: 1.30B (+14.2%)
|
1.41B
1.39B – 1.43B
+8.8% YoY
|
1.47B
1.43B – 1.51B
+4.1% YoY
|
1.51B
1.51B – 1.51B
+2.8% YoY
|
1.55B
1.52B – 1.58B
+2.4% YoY
|
| Net Income |
277.00M
est: 295.62M (-6.3%)
|
303.00M
est: 328.56M (-7.8%)
|
194.00M
est: 416.84M (-53.5%)
|
429.00M
est: 208.40M (+105.9%)
|
442.00M
est: 397.12M (+11.3%)
|
697.00M
est: 556.58M (+25.2%)
|
691.00M
est: 709.85M (-2.7%)
|
621.00M
est: 733.02M (-15.3%)
|
772.00M
est: 835.60M (-7.6%)
|
854.00M
est: 1.02B (-16.5%)
|
971.00M
est: 976.83M (-0.6%)
|
1.02B
est: 1.05B (-3.2%)
|
958.00M
est: 705.00M (+35.9%)
|
402.00M
est: 353.00M (+13.9%)
|
708.00M
est: 671.70M (+5.4%)
|
1.09B
est: 1.08B (+1.5%)
|
1.27B
1.16B – 1.33B
+17.8% YoY
|
1.38B
1.29B – 1.39B
+8.6% YoY
|
1.37B
1.34B – 1.39B
-0.9% YoY
|
1.30B
1.27B – 1.33B
-4.9% YoY
|
| SGA |
—
est: 1.55B (-100.0%)
|
—
est: 1.79B (-100.0%)
|
148.00M
est: 2.12B (-93.0%)
|
180.00M
est: 2.09B (-91.4%)
|
130.00M
est: 2.07B (-93.7%)
|
123.00M
est: 2.94B (-95.8%)
|
127.00M
est: 2.58B (-95.1%)
|
157.00M
est: 3.39B (-95.4%)
|
160.00M
est: 4.79B (-96.7%)
|
239.00M
est: 5.59B (-95.7%)
|
242.00M
est: 5.50B (-95.6%)
|
232.00M
est: 5.93B (-96.1%)
|
269.00M
est: 6.18B (-95.6%)
|
333.00M
est: 241.46M (+37.9%)
|
370.00M
est: 242.63M (+52.5%)
|
—
est: 255.78M (-100.0%)
|
278.24M
274.38M – 282.10M
+8.8% YoY
|
289.60M
282.30M – 296.80M
+4.1% YoY
|
297.76M
297.44M – 298.08M
+2.8% YoY
|
304.81M
298.84M – 310.73M
+2.4% YoY
|
| EPS |
3.92
est: 3.69 (+6.2%)
|
3.85
est: 2.92 (+31.7%)
|
2.41
est: 3.33 (-27.7%)
|
5.26
est: 4.68 (+12.5%)
|
5.11
est: 4.75 (+7.5%)
|
7.64
est: 6.77 (+12.9%)
|
7.44
est: 7.25 (+2.6%)
|
6.43
est: 6.24 (+3.0%)
|
7.88
est: 7.10 (+10.9%)
|
8.51
est: 8.81 (-3.4%)
|
9.29
est: 8.17 (+13.7%)
|
9.61
est: 8.77 (+9.6%)
|
8.96
est: 8.74 (+2.5%)
|
3.73
est: 3.27 (+14.1%)
|
6.52
est: 6.10 (+6.8%)
|
9.93
est: 9.78 (+1.5%)
|
11.28
10.51 – 12.09
+15.3% YoY
|
12.17
11.73 – 12.65
+7.9% YoY
|
12.41
12.15 – 12.66
+1.9% YoY
|
11.80
11.50 – 12.10
-4.9% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
| 2026-05-11 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
| 2026-05-08 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
| 2026-05-07 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
| 2026-05-06 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
| 2026-05-05 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
| 2026-05-04 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
| 2026-04-30 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
| 2026-04-29 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-28 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-27 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-24 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | WisdomTree Europe SmallCap Dividend UCITS ETF WTES.DE | 0.21% | 189.7K | 0.38% |
| 2 | WisdomTree Europe SmallCap Dividend UCITS ETF Acc DFEA.L | 0.21% | 189.7K | 0.38% |
| 3 | WisdomTree International SmallCap Dividend Fund DLS | 0.10% | 1.06M | 0.58% |
| 4 | WisdomTree Dynamic International SmallCap Equity ETF DDLS | 0.10% | 435.7K | 0.48% |
| 5 | WisdomTree International Equity Fund DWM | 0.02% | 122.0K | 0.48% |
| 6 | Dimensional International Sustainability Core 1 ETF DFSI | 0.01% | 89.1K | 0.24% |
| 7 | Dimensional - International Small Cap ETF DFIS | 0.01% | 420.5K | 0.39% |
| 8 | Dimensional - International Core Equity 2 ETF DFIC | 0.01% | 936.8K | 0.22% |
| 9 | Dimensional International High Profitability ETF DIHP | 0.00% | 166.0K | 0.27% |
| 10 | FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund TLTD | 0.00% | 16.6K | 0.41% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Amund Tøftum | Chief Executive Officer | 10M | male |
| Geir Flata | Executive Vice President of Civil Engineering & Property | 6M | male |
| Anny Øen | Executive Vice President of Finance & Chief Financial Officer | 5M | female |
| Bård Frydenlund | Executive Vice President of Sweden and Betonmast | 5M | male |
| Eirik Wraal | Executive Vice President Energy, Environment & Parts of Construction | 5M | male |
| Tormod Solberg | Executive Vice President of Construction | 5M | male |
| Lars Myhre Hjelmeset | Executive Vice President of Offshore | 5M | male |
| Kelly Ann Fusner | Chief Underwriting Officer | — | female |
| Knut Ekern | Communication Director | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for AFG.OL
Short-term intention
Target Price Distribution
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