NCC AB Class A (NCC.A) AI Stock Analysis

• Market Cap: €19.04B
• Dividend Yield: 4.33%
• Average Volume (3M): 8.01K
• Price to Earnings (P/E): 13.2
• Beta (1Y): 0.75
• Revenue Growth: 5.68%
• EPS Growth: 27.52%
• Country: SE
• Employees: 11,381
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 5.50
• Shares Outstanding: 6,797,610
• 10 Day Avg. Volume: 5,262
• 30 Day Avg. Volume: 8,013
• PEG Ratio: -40.70
• Price to Book (P/B): 1.83
• Price to Sales (P/S): 0.26
• P/FCF Ratio: 4.03
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: kr245.00 ▲(17.79% Upside)

NCC AB Class A's overall stock score is driven by its stable financial performance and reasonable valuation. The technical analysis indicates strong momentum, though caution is advised due to overbought signals. The absence of earnings call and corporate events data limits additional insights.

NCC AB Class A Business Overview & Revenue Model

Company Description

NCC AB (publ) operates as a construction and property development company in Sweden, Norway, Denmark, and Finland. It operates through five segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordic, NCC Industry, and NCC Property Development. The company builds residential buildings and offices, as well as constructs schools, hospitals, stores, and warehouses. It also designs and constructs infrastructure projects, such as tunnels, roads, and railways. In addition, the company produces stone materials and asphalt, as well as engages in the piling works and paving. Further, it develops and sells commercial properties in metropolitan regions in Sweden, Norway, Denmark, and Finland. The company was incorporated in 1935 and is headquartered in Solna, Sweden.

How the Company Makes Money

NCC AB makes money through a diversified revenue model that includes income from construction contracts, property development sales, and long-term infrastructure projects. The company generates revenue by undertaking large-scale construction projects across both public and private sectors, offering services such as project management, design, and engineering. Additionally, the sale of developed residential and commercial properties contributes significantly to its earnings. NCC AB also enters into partnerships and joint ventures to expand its project portfolio and access new markets, leveraging its expertise in sustainable and efficient building practices to attract clients and secure contracts.

NCC AB Class A Financial Statement Overview

Summary

NCC AB Class A exhibits stable financial performance with consistent profitability and manageable leverage. The company maintains a positive EBIT and EBITDA margin, but the recent decline in revenue growth and reliance on debt financing are areas to monitor.

Income Statement

NCC AB Class A has demonstrated stable profitability with a consistent gross profit margin around 8-9% and a net profit margin of approximately 2.5% over the years. Despite a slight revenue decline in the TTM period, the company has maintained a positive EBIT and EBITDA margin, indicating operational efficiency. However, the recent negative revenue growth rate is a concern that could impact future profitability.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio, which has slightly increased over time, indicating a manageable level of leverage. The return on equity remains strong, reflecting efficient use of equity to generate profits. However, the equity ratio suggests that a significant portion of assets is financed by debt, which could pose risks if market conditions worsen.

Cash Flow

NCC AB Class A has shown improvement in free cash flow growth, particularly in the recent TTM period. The operating cash flow to net income ratio indicates that cash generation is aligned with reported earnings. However, the free cash flow to net income ratio suggests that not all earnings are translating into free cash flow, which could limit reinvestment opportunities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	60.22B	61.61B	56.93B	54.20B	53.41B	53.92B
Gross Profit	5.28B	5.28B	4.69B	4.00B	4.52B	4.33B
EBITDA	2.70B	3.36B	3.19B	2.35B	3.14B	2.79B
Net Income	1.52B	1.57B	1.57B	1.07B	1.51B	1.26B
Balance Sheet
Total Assets	32.75B	32.03B	31.95B	29.57B	29.42B	28.55B
Cash, Cash Equivalents and Short-Term Investments	2.14B	3.72B	1.41B	1.00B	3.48B	2.62B
Total Debt	5.33B	5.08B	5.29B	4.30B	4.21B	4.57B
Total Liabilities	25.25B	23.36B	24.63B	22.38B	23.58B	24.58B
Stockholders Equity	7.50B	8.66B	7.32B	7.18B	5.84B	3.97B
Cash Flow
Free Cash Flow	3.67B	3.94B	99.00M	-707.00M	1.49B	944.00M
Operating Cash Flow	4.32B	4.64B	807.00M	265.00M	2.26B	1.57B
Investing Cash Flow	-630.00M	-647.00M	-446.00M	-401.00M	-363.00M	-463.00M
Financing Cash Flow	-3.44B	-1.79B	-187.00M	-1.90B	-1.49B	-1.32B

NCC AB Class A Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 208.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NCC.A, the sentiment is Neutral. The current price of 208 is below the 20-day moving average (MA) of 211.21, below the 50-day MA of 210.54, and above the 200-day MA of 187.89, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 46.42 is Neutral, neither overbought nor oversold. The STOCH value of -3.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:NCC.A.

NCC AB Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SKA.B	71 Outperform	kr106.92B	17.32	10.45%	3.30%	6.02%	26.26%
AFRY	70 Neutral	$18.31B	19.86	6.97%	3.85%	-3.73%	-22.34%
NCC.B	70 Neutral	kr19.04B	13.21	20.30%	4.38%	5.68%	27.52%
NCC.A	68 Neutral	€19.04B	13.20	―	4.33%	5.68%	27.52%
BRAV	62 Neutral	kr16.14B	13.90	―	4.72%	-4.21%	10.63%
PEAB.B	59 Neutral	kr22.03B	13.06	10.55%	3.73%	-4.93%	10.91%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%