VEI.OL Live signals | Maximize Profits with Getagraph.com

BUY 1403 min ago

@ NOK113.20

Issued: 23 Apr 2024 @ 03:18

Return: -0.71%

Previous signal: Apr 23 - 03:00

Previous signal: Sell

Return: -0.53 %

Live Chart Being Loaded With Signals

Commentary (23 Apr 2024 @ 10:25):
Our systems believe the stock currently is undervalued by 0.05% compare to its pairs and should correct upwards.

Stats
Today's Volume	29 267.00
Average Volume	195 346
Market Cap	15.17B
EPS	NOK0 ( 2024-02-08 )
Next earnings date	( NOK0 ) 2024-05-08
Last Dividend	NOK7.75 ( 2023-05-11 )
Next Dividend	NOK7.90 ( 2024-05-08 )
P/E	14.23
ATR14	NOK1.000 (0.88%)

Correlation (AI algo v.1.1b): Undervalued: 0.05% NOK113.26 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: 0.00 (neutral)

Short: 0.00 (neutral)

Signal:(46) Neutral

Veidekke ASA Correlation

10 Most Positive Correlations
ZAL.OL	0.944
KID.OL	0.928
TEL.OL	0.927
AKAST.OL	0.923
HEX.OL	0.921
EIOF.OL	0.921
SOGN.OL	0.914
BORR.OL	0.905
EMGS.OL	0.902
AUTO.OL	0.898

10 Most Negative Correlations
ODL.OL	-0.927
AZT.OL	-0.89
SBX.OL	-0.883
OTS.OL	-0.881
REACH.OL	-0.83
OKEA.OL	-0.826
XPLRA.OL	-0.824
EQNR.OL	-0.822
SHLF.OL	-0.819
HAFNI.OL	-0.816

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Veidekke ASA Correlation - Currency/Commodity

-0.21
( neutral )

-0.17
( neutral )

0.00
( neutral )

-0.43
( neutral )

0.19
( neutral )

Veidekke ASA Financials

Annual	2023
Revenue:	NOK43.15B
Gross Profit:	NOK6.08B (14.09 %)
EPS:	NOK7.92

Q4	2023
Revenue:	NOK12.13B
Gross Profit:	NOK572.00M (4.71 %)
EPS:	NOK3.51

Q3	2023
Revenue:	NOK10.39B
Gross Profit:	NOK605.00M (5.82 %)
EPS:	NOK3.27

Q2	2023
Revenue:	NOK11.17B
Gross Profit:	NOK382.00M (3.42 %)
EPS:	NOK2.04

Financial Reports:

No articles found.

Veidekke ASA Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK7.75 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK7.90 (N/A)	NOK0 (N/A)	NOK0 (N/A)

Veidekke ASA Dividend Information - Dividend King

Dividend Sustainability Score: 7.48 - good (74.76%) | Divividend Growth Potential Score: 3.37 - Decrease likely (32.64%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	NOK0.550	2000-05-04
Last Dividend	NOK7.75	2023-05-11
Next Dividend	NOK7.90	2024-05-08
Payout Date	2023-05-24
Next Payout Date	2024-05-22
# dividends	27	--
Total Paid Out	NOK107.95	--
Avg. Dividend % Per Year	8.09%	--
Score	5.63	--
Div. Sustainability Score	7.48
Div.Growth Potential Score	3.37
Div. Directional Score	5.42	--

Next Divdend (Est)
(2025-03-06)

NOK8.10 Estimate 6.34 %

Dividend Stability

0.25 Very Poor

Dividend Score

5.63

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2000	NOK0.550	3.72%
2001	NOK0.400	3.39%
2002	NOK0.400	4.00%
2003	NOK0.700	6.86%
2004	NOK0.700	5.93%
2005	NOK3.60	18.10%
2006	NOK2.00	5.22%
2007	NOK1.950	3.98%
2008	NOK4.00	7.55%
2009	NOK2.50	10.90%
2010	NOK2.50	4.83%
2011	NOK2.50	4.90%
2012	NOK2.75	7.09%
2013	NOK2.50	5.59%
2014	NOK3.00	6.11%
2015	NOK3.50	4.83%
2016	NOK4.00	3.72%
2017	NOK4.50	3.64%
2018	NOK5.00	5.50%
2019	NOK5.00	5.06%
2020	NOK27.50	23.00%
2021	NOK5.75	5.17%
2022	NOK7.00	5.43%
2023	NOK7.75	8.10%
2024	NOK7.90	7.87%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for OSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
ALNG.OL	Dividend King	2023-11-27	Quarterly	2	6.60%	7.04
OKEA.OL	Dividend Knight	2023-12-01	Quarterly	3	5.65%	6.86
SALM.OL	Dividend Knight	2023-06-09	Annually	17	2.80%	4.97
BWLPG.OL	Dividend Knight	2023-11-17	Quarterly	11	1.68%	4.46
ELK.OL	Dividend Knight	2023-05-02	Annually	6	6.64%	4.31
BWO.OL	Dividend Knight	2023-11-20	Quarterly	14	0.87%	3.96
ATEA.OL	Dividend Knight	2023-11-20	Annually	16	2.97%	3.45
HAFNI.OL	Dividend Knight	2023-11-23	Semi-Annually	5	1.18%	3.31
AKER.OL	Dividend Knight	2023-11-07	Semi-Annually	20	2.99%	3.13
AUSS.OL	Dividend Knight	2023-05-26	Annually	17	3.23%	2.93

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0249	1.500	9.50	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0590	1.200	8.03	9.64	[0 - 0.3]
returnOnEquityTTM	0.406	1.500	6.61	9.91	[0.1 - 1]
payoutRatioTTM	0.982	-1.000	0.177	-0.177	[0 - 1]
currentRatioTTM	0.856	0.800	-0.722	-0.578	[1 - 3]
quickRatioTTM	0.797	0.800	-0.0150	-0.0120	[0.8 - 2.5]
cashRatioTTM	0.162	1.500	-0.211	-0.317	[0.2 - 2]
debtRatioTTM	0.0457	-1.500	9.24	-10.00	[0 - 0.6]
interestCoverageTTM	18.91	1.000	4.11	4.11	[3 - 30]
operatingCashFlowPerShareTTM	22.37	2.00	2.54	5.09	[0 - 30]
freeCashFlowPerShareTTM	16.12	2.00	1.942	3.88	[0 - 20]
debtEquityRatioTTM	0.273	-1.500	8.91	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.0322	1.000	-2.80	-2.80	[0.2 - 0.8]
operatingProfitMarginTTM	0.0333	1.000	-1.334	-1.334	[0.1 - 0.6]
cashFlowToDebtRatioTTM	3.62	1.000	10.00	10.00	[0.2 - 2]
assetTurnoverTTM	2.37	0.800	10.00	8.00	[0.5 - 2]
Total Score				7.48

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	14.11	1.000	8.68	0	[1 - 100]
returnOnEquityTTM	0.406	2.50	7.82	9.91	[0.1 - 1.5]
freeCashFlowPerShareTTM	16.12	2.00	4.63	3.88	[0 - 30]
dividendYielPercentageTTM	6.90	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	22.37	2.00	2.54	5.09	[0 - 30]
payoutRatioTTM	0.982	1.500	0.177	-0.177	[0 - 1]
pegRatioTTM	-0.385	1.500	-5.90	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.0700	1.000	-0.751	0	[0.1 - 0.5]
Total Score				3.37

Veidekke ASA

Veidekke ASA operates as a construction and property development company. It operates through Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark/Hoffmann segments. The company operates as a construction contractor; executes civil engineering projects; and produces asphalt and aggregates, as well as operates in the public road maintenance market. It is also involved in the construction and civil engineering projects, as well as constructs commercial buildings. Veidekke ASA was founded in 1936 and is headquartered in Oslo, Norway.