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NRC Group ASA (NRC.OL)

NOK8.39 +0.09 (+1.08%)
NO OSL Industrials Railroads
Address Lysaker Torg 25 1366
Lysaker, NO
CEO Anders Gustafsson
IPO 2000-01-03
ISIN NO0003679102

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Also trades on London Stock Exchange · 0DSJ.L (NOK) Oslo Stock Exchange · NRC.OL (NOK)
Description

Operating through its various subsidiaries, NRC Group ASA is an infrastructure enterprise serving Norway, Sweden, and Finland. The company's diverse activities encompass groundwork, specialist railway track installation, electrical and signaling technology, demolition, recycling solutions, wastewater and sewage management, and significant mass transit endeavors. It plays a crucial role in rail construction and ongoing maintenance, civil engineering, and environmental initiatives. Furthermore, NRC Group provides essential upkeep for public railway lines, light rail networks, and metropolitan subway systems. Established in 2011, the company was previously recognized as Blom ASA before adopting its current name, NRC Group ASA, in May 2015. Its corporate headquarters are located in Lysaker, Norway.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NOK8.39 +0.09 (+1.08%)
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Volume Profile
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Liquidity & share structure
Average Volume
535.8K
Beta
-0.03
Float Shares
165.18M
Free Float %
95.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.52% -3.42% -17.17% -6.62% +14.59% -14.38% +59.41% -30.22% -51.89% -84.84% -99.99%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (2 ratings, all time) Buy
Price Targets & DCF
Current price
8.39
DCF (Levered) 16.56 +97.4%

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.

Ratings Trend (MoM) 33% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 0 0
Hold 2 +1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.90
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Railroads: +4.4%
    -4.9% Q1'26: -10.0% (vs Q1'25)
  • EPS growth Railroads: +13.1%
    +101.2% Q1'26: +16.7% (vs Q1'25)
  • FCF margin FCF growth · Railroads: +40.4%
    +0.4% Q1'26: -15.7% (vs Q1'25)
  • EBIT margin Railroads: +14.1%
    +2.1% Q1'26: -2.6% (vs Q1'25)
  • ROIC Railroads: +5.9%
    +3.3% Q1'26: -4.3% (vs Q1'25)
  • Share dilution Railroads: +0.4%
    +94.5% Q1'26: +1.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Railroads: 1.34×
    2.62× Q1'26: 14.09× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* 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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.02) × ERP
WACC = 63% × Ke + 37% × Kd (9.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 8.39
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2009
actual
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
3 Rev. Ana.
1 EPS Ana.
Dec 2027
3 Rev. Ana.
2 EPS Ana.
Dec 2028
2 Rev. Ana.
2 EPS Ana.
Revenue
736.90M
est: 764.16M (-3.6%)
619.18M
est: 622.46M (-0.5%)
437.11M
est: 627.63M (-30.4%)
335.22M
est: 465.88M (-28.0%)
264.58M
est: 320.74M (-17.5%)
234.14M
est: 234.46M (-0.1%)
911.24M
est: 985.11M (-7.5%)
1.98B
est: 2.09B (-5.4%)
2.37B
est: 2.45B (-3.3%)
3.18B
est: 3.17B (+0.3%)
6.19B
est: 6.28B (-1.3%)
6.45B
est: 6.39B (+0.9%)
5.96B
est: 5.88B (+1.4%)
7.03B
est: 6.91B (+1.7%)
6.73B
est: 6.70B (+0.5%)
6.89B
est: 6.78B (+1.6%)
6.55B
est: 6.71B (-2.3%)
6.92B
6.73B – 7.13B
+3.2% YoY
7.29B
7.02B – 7.59B
+5.3% YoY
7.50B
7.26B – 7.78B
+3.0% YoY
EBITDA
92.31M
est: 108.53M (-15.0%)
-33.73M
est: 10.33M (-426.4%)
-30.09M
est: -309.95M (+90.3%)
45.75M
est: -179.93M (+125.4%)
47.60M
est: 3.36M (+1,315.4%)
13.48M
est: 2.46M (+448.5%)
33.00M
est: 67.37M (-51.0%)
154.00M
est: 33.82M (+355.4%)
233.00M
est: 144.00M (+61.8%)
132.00M
est: 269.43M (-51.0%)
181.00M
est: 162.55M (+11.3%)
260.00M
est: 37.58M (+591.9%)
335.00M
est: 40.00M (+737.6%)
-14.00M
est: 42.36M (-133.0%)
331.00M
est: 90.40M (+266.2%)
-622.00M
est: 91.48M (-779.9%)
356.00M
est: 90.54M (+293.2%)
93.41M
90.87M – 96.23M
+3.2% YoY
98.38M
94.78M – 102.49M
+5.3% YoY
101.29M
98.05M – 104.95M
+3.0% YoY
EBIT
-53.83M
est: 59.36M (-190.7%)
-416.11M
est: -43.77M (-850.6%)
-178.34M
est: -431.75M (+58.7%)
8.29M
est: -159.30M (+105.2%)
-52.08M
est: -7.68M (-577.7%)
6.43M
est: -5.62M (+214.5%)
15.00M
est: 31.13M (-51.8%)
101.00M
est: 29.59M (+241.3%)
154.00M
est: 116.86M (+31.8%)
2.00M
est: 191.54M (-99.0%)
-108.00M
est: 1.98M (-5,548.0%)
-15.00M
est: -106.63M (+85.9%)
41.00M
est: -113.50M (+136.1%)
-236.00M
est: -120.21M (-96.3%)
120.00M
est: -132.36M (+190.7%)
-817.00M
est: -136.53M (-498.4%)
140.00M
est: -132.58M (+205.6%)
-136.78M
-140.91M – -133.06M
-3.2% YoY
-144.05M
-150.08M – -138.79M
-5.3% YoY
-148.31M
-153.68M – -143.57M
-3.0% YoY
Net Income
-83.01M
est: 36.50M (-327.4%)
-564.96M
est: -67.04M (-742.7%)
-361.18M
est: -569.59M (+36.6%)
-66.62M
est: -268.12M (+75.2%)
-59.44M
7.93M
47.60M
est: 33.69M (+41.3%)
57.00M
est: 97.23M (-41.4%)
156.00M
est: 67.28M (+131.9%)
est: 199.20M (-100.0%)
-152.00M
est: 84.59M (-279.7%)
-60.00M
est: -74.14M (+19.1%)
-27.00M
est: -78.91M (+65.8%)
-364.00M
est: -351.00M (-3.7%)
38.00M
est: -2.00B (+101.9%)
-1.00B
est: -680.80M (-46.9%)
25.00M
est: 40.86M (-38.8%)
92.78M
88.68M – 96.88M
+127.1% YoY
156.29M
150.39M – 162.19M
+68.4% YoY
179.95M
177.06M – 182.84M
+15.1% YoY
SGA
297.55M
est: 325.12M (-8.5%)
277.22M
est: 327.17M (-15.3%)
219.75M
est: 432.06M (-49.1%)
est: 223.73M (-100.0%)
est: 22.96M (-100.0%)
est: 16.78M (-100.0%)
31.46M
est: 545.37M (-94.2%)
45.00M
est: 348.76M (-87.1%)
45.00M
est: 513.45M (-91.2%)
59.00M
est: 883.64M (-93.3%)
104.00M
est: 1.87B (-94.4%)
50.00M
est: 2.09B (-97.6%)
44.00M
est: 2.22B (-98.0%)
703.00M
est: 2.35B (-70.1%)
815.00M
est: 478.56M (+70.3%)
888.00M
est: 484.30M (+83.4%)
est: 479.33M (-100.0%)
494.53M
481.06M – 509.47M
+3.2% YoY
520.82M
501.78M – 542.60M
+5.3% YoY
536.23M
519.06M – 555.62M
+3.0% YoY
EPS
-9,037.78
est: -2,310.24 (-291.2%)
-138,097.53
est: -6,259.06 (-2,106.4%)
-20,104.37
est: -2,187.55 (-819.0%)
-316.53
est: -188.93 (-67.5%)
-43.36
0.82
2.36
est: 0.57 (+316.9%)
1.62
est: 2.52 (-35.6%)
3.87
est: 2.80 (+38.3%)
est: 1.66 (-100.0%)
-2.83
est: 0.88 (-420.8%)
-0.83
est: -0.24 (-246.4%)
-0.37
est: 0.36 (-201.7%)
-5.00
est: 0.77 (-745.5%)
0.51
est: -10.70 (+104.8%)
-10.54
est: -3.64 (-189.5%)
0.13
est: 0.22 (-40.5%)
0.50
0.48 – 0.52
+127.1% YoY
0.84
0.81 – 0.87
+68.9% YoY
0.97
0.95 – 0.98
+15.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B 3/5 5/5 2/5 3/5 2/5 1/5 4/5
2026-05-11 B 3/5 5/5 2/5 3/5 2/5 1/5 4/5
2026-05-08 B 3/5 5/5 2/5 3/5 2/5 1/5 4/5
2026-05-07 B 3/5 5/5 2/5 3/5 2/5 1/5 4/5
2026-05-06 B 3/5 5/5 2/5 3/5 2/5 1/5 4/5
2026-05-05 B 3/5 5/5 2/5 3/5 2/5 1/5 4/5
2026-05-04 B 3/5 5/5 2/5 3/5 2/5 1/5 4/5
2026-04-30 B 3/5 5/5 2/5 3/5 2/5 1/5 4/5
2026-04-29 B 3/5 5/5 2/5 3/5 1/5 1/5 4/5
2026-04-28 B 3/5 5/5 2/5 3/5 1/5 1/5 4/5
2026-04-27 B- 3/5 4/5 2/5 3/5 1/5 1/5 4/5
2026-04-24 B 3/5 4/5 2/5 4/5 1/5 1/5 4/5
2026-04-23 B 3/5 4/5 2/5 4/5 1/5 1/5 4/5
2026-04-22 B 3/5 4/5 2/5 4/5 1/5 1/5 4/5
2026-04-21 B 3/5 4/5 2/5 4/5 1/5 1/5 4/5
2026-04-20 B 3/5 4/5 2/5 4/5 1/5 1/5 4/5
2026-04-17 B 3/5 5/5 2/5 4/5 1/5 1/5 4/5
2026-04-16 B 3/5 5/5 2/5 4/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
10.70M
OE per share TTM
-0.14
Owner's Yield
0.63%
Maintenance CapEx ratio
152.40%
Maint CapEx / Avg PPE
10.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 5 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - International Small Cap Value ETF DISV 0.01% 394.4K 0.42%
2 Dimensional - International Small Cap ETF DFIS 0.00% 103.7K 0.39%
3 Dimensional - International Core Equity Market ETF DFAI 0.00% 170.6K 0.18%
4 Dimensional - International Core Equity 2 ETF DFIC 0.00% 60.5K 0.22%
5 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 19.8K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
78.7K
Shares Outstanding
172.60M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Harri Lukkarinen Executive Vice President & MD of NRC Group Finland 5M male
Tomas Johansson Executive Vice President & MD of NRC Group Sweden 5M male
Åsgeir Nord Chief Financial Officer 4M male
Lene Engebretsen Executive Vice President and Head of Strategy, Sustainability & Communications 2M female
Marianne Ulland Kellmer Executive Vice President & Head of People, Culture & Digitalisation 706.6K female
Mikko Mäkelä Head of Railways Division male
Anders Gustafsson CEO & Interim MD of NRC Group Norway AS male
Sami Korhonen Head of Electricity & Energy Division
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits