Norva24 Group AB (publ)
STO:NORVA
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Karnataka Bank Ltd
NSE:KTKBANK
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (10.4), the stock would be worth kr35.84 (0% downside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 10.5 | kr36 |
0%
|
| 3-Year Average | 10.4 | kr35.84 |
0%
|
| 5-Year Average | 10.5 | kr36.16 |
+0%
|
| Industry Average | 8.1 | kr28.01 |
-22%
|
| Country Average | 13.1 | kr45.15 |
+25%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| SE |
N
|
Norva24 Group AB (publ)
STO:NORVA
|
6.5B SEK | 10.5 | 39.1 | |
| US |
|
Waste Management Inc
NYSE:WM
|
91.6B USD | 15.2 | 33.8 | |
| US |
|
Republic Services Inc
NYSE:RSG
|
64.1B USD | 14.9 | 30 | |
| CA |
|
Waste Connections Inc
TSX:WCN
|
56B CAD | 17.7 | 40.6 | |
| US |
|
Rollins Inc
NYSE:ROL
|
26.8B USD | 41.3 | 50.7 | |
| US |
|
Veralto Corp
NYSE:VLTO
|
21.3B USD | 19.7 | 22.6 | |
| UK |
|
Rentokil Initial PLC
LSE:RTO
|
12.4B GBP | 12.7 | 26.3 | |
| US |
|
Clean Harbors Inc
NYSE:CLH
|
16.2B USD | 18.4 | 40.8 | |
| CA |
|
GFL Environmental Inc
TSX:GFL
|
19.4B CAD | 14.6 | 5.1 | |
| CN |
|
Spic Yuanda Environmental Protection Co Ltd
SSE:600292
|
69.6B CNY | 102.7 | 19 208.5 | |
| US |
|
Tetra Tech Inc
NASDAQ:TTEK
|
8.2B USD | 15.9 | 23.3 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 8.9 |
| Median | 13.1 |
| 70th Percentile | 19.5 |
| Max | 886.8 |
Other Multiples
Norva24 Group AB (publ)
Glance View
Norva24 Group AB engages in underground infrastructure maintenance (UIM). The company is headquartered in Stockholm, Stockholm. The company went IPO on 2021-12-09. The firm's service offering includes mission-critical and non-discretionary maintenance services for underground infrastructure, such as pressure washing, emptying services and pipe services. Norva24 Group has experience emptying septic tanks, grease separators and sand traps. The company also offers a range of services in pressure washing, such as tank cleaning and high and ultra-high pressure washing. The Company’s pipe services include pipe inspections, relining, pressure testing, leak detection, tightness checks and pipe cleaning. Norva24 Group has operations in Sweden, Denmark, Germany and Norway and operates more than 60 branches in these countries.