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NCC AB
(LSE:NCC.B)
NCC AB (NCC.B) vs. iShares MSCI Sweden ETF (EWD)
NCC AB Business Overview & Revenue Model
NCC AB Financial Statement Overview
| 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 Technical Analysis
NCC AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | kr17.24B | 12.43 | 20.77% | 3.90% | 6.35% | 9.38% | |
66 Neutral | €7.39B | 13.32 | 35.49% | 3.65% | 2.13% | -121.24% | |
| ― | kr21.74B | 13.81 | 10.37% | ― | ― | ― | |
| ― | kr97.00B | 15.77 | 10.55% | ― | ― | ― | |
| ― | kr56.53B | 27.01 | 18.81% | ― | ― | ― | |
| ― | $1.72B | 19.13 | 7.17% | 4.29% | ― | ― | |
69 Neutral | kr18.97B | 17.03 | 4.00% | -3.75% | 1.20% |
NCC AB Corporate Events
NCC AB has secured a contract to extend a production facility in the Stockholm region, valued at approximately SEK 400 million. The project, which involves expanding an existing building by 9,000 square meters, began preparatory work in autumn 2024 and is expected to be completed by summer 2026. This contract will be recorded in NCC’s Building Sweden business area in the second quarter of 2025, highlighting NCC’s ongoing growth and its strategic focus on enhancing infrastructure in the region.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK187.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC AB’s Q2 2025 report highlights stable development with increased operating profit and margins, despite a slight decline in net sales due to a selective project approach. The company has signed a significant partnering agreement with SSAB for a new steel mill, reinforcing its focus on complex projects and early involvement initiatives, which enhance customer value and predictability.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK187.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC has secured a contract to supply 200,000 tons of asphalt for the E6 Berkåk-Vindåsliene road project in Norway’s Trøndelag region. This project, commissioned by JV Skanska Syltern, involves paving a 15-kilometer highway to enhance traffic flow and safety. The contract is expected to maintain high activity levels in NCC’s asphalt operations in the region until 2027, reflecting strong collaboration with the client and a commitment to quality and efficiency.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK187.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC has secured a SEK 300 million contract from the Swedish Fortifications Agency for a construction project in northern Sweden, set to begin immediately. This project will be recorded in NCC’s Infrastructure business area in the second quarter of 2025, potentially enhancing the company’s market position and stakeholder value.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK155.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC AB announced the release of its interim report for the first half of 2025, scheduled for July 15. The report will be available on the company’s website, and a presentation will be held by the President and CEO Tomas Carlsson, along with CFO Susanne Lithander. This event provides an opportunity for media and capital market representatives to gain insights into the company’s performance and strategic direction.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK155.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC has announced the commencement of the production phase for Svenska kraftnät’s new head office in Solna Business Park, Sweden, a project covering 52,000 square meters. The development, which emphasizes sustainability and aims for a BREEAM Excellent rating, is part of the Återhus research and innovation project and involves the recycling of existing building materials. The project is expected to be completed by the second quarter of 2028, with ownership transferring to KPA Pension upon completion.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK155.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC and SSAB have partnered to construct a new steel mill in Luleå, part of SSAB’s strategy to produce emission-free premium steel. This project, which includes two electric arc furnaces and other facilities, is expected to significantly reduce Sweden’s carbon emissions by seven percent. NCC’s expertise in complex construction projects and its focus on sustainability are crucial for the successful execution of this project, which will enhance SSAB’s technological capabilities and cost efficiency.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK155.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC has been commissioned by Boliden to construct a sand recycling plant in Skellefteå, Sweden, a project that involves building a sand recycling facility, a silo, a media bridge, and some technology installations. This project, starting in the third quarter of 2025 and expected to complete in 2026, highlights NCC’s expertise in large-scale and technical construction projects, particularly in challenging environments like the mining and industrial sectors. The assignment will be registered in the second quarter of 2025 under NCC Infrastructure Sweden business area.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK195.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC AB announced the conversion of 57 Series A shares to Series B shares in June 2025, reducing the total number of voting rights in the company to 160,939,446. This change, required to be disclosed under the Swedish Financial Instruments Trading Act, reflects the company’s ongoing commitment to transparency and regulatory compliance.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK195.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC AB has been commissioned by Kåpan Fastigheter to construct a new police station for the Swedish Police Authority in Örnsköldsvik, Sweden, with a project value of approximately SEK 440 million. The construction, which will be Miljöbyggnad Silver certified for high environmental performance, will include various facilities and is scheduled for completion in 2028, enhancing NCC’s collaboration with the Police Authority and its position in the construction industry.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK155.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC has taken over the construction of the Floravägen retirement home in Fagersta after the previous contractor, Serneke, declared bankruptcy. The project, valued at approximately SEK 160 million, includes 100 residential suites and various communal facilities. NCC’s involvement is expected to expedite the completion process, with the project scheduled to finish by autumn 2026. This development strengthens NCC’s position in the Nordic construction industry and demonstrates its capability to manage complex projects efficiently, benefiting stakeholders and the local community.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK195.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC has been commissioned by PensionDanmark to renovate the facade of the Søborg Tower in Gladsaxe Municipality, Denmark. The project involves replacing the 5,000-square-meter facade of the former Danish Broadcasting Corporation headquarters, with completion expected in early 2027. This renovation aims to enhance the building’s aesthetics and functionality with minimal disruption to tenants and neighbors, reflecting NCC’s commitment to quality and efficient project management.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK155.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC AB has announced the continuation of its reconstruction project for Boliden’s electrolysis plant in Skellefteå, Sweden, marking the transition to the next production phase. This phase involves significant construction activities such as concreting, roofing, and metalworks, with an order value of approximately SEK 160 million registered for the second quarter of 2025. The project, which highlights NCC’s expertise in civil engineering and industrial construction, is expected to be completed by 2026.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK155.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
NCC AB has partnered with the municipal water association Skaraborgsvatten to expand the Borgunda waterworks in Skaraborg, Sweden, by adding a new ultrafilter treatment stage. This project, valued at approximately SEK 150 million, aims to significantly enhance the microbiological barrier, ensuring improved water quality for around 100,000 residents. The expansion will be conducted while the plant remains operational, highlighting NCC’s expertise in planning, logistics, and technical execution. The project is expected to be completed by summer 2027 and will be registered in the NCC Infrastructure business area in the second quarter of 2025.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK155.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.