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Norva24 Group AB (publ)
STO:NORVA

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Norva24 Group AB (publ)
STO:NORVA
Watchlist
Price: 36 SEK 0.42%
Market Cap: kr6.6B

P/OCF

10.5
Current
0%
More Expensive
vs 3-y average of 10.4

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
10.5
=
Market Cap
kr6.5B
/
Operating Cash Flow
kr660.6m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
10.5
=
Market Cap
kr6.5B
/
Operating Cash Flow
kr660.6m

Valuation Scenarios

Norva24 Group AB (publ) is trading above its 3-year average

If P/OCF returns to its 3-Year Average (10.4), the stock would be worth kr35.84 (0% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-22%
Maximum Upside
+25%
Average Upside
1%
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

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
SE
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

In line with most companies in Sweden
Percentile
40th
Based on 1 216 companies
40th percentile
10.5
Low
0.1 — 8.9
Typical Range
8.9 — 19.5
High
19.5 —
Distribution Statistics
Sweden
Min 0.1
30th Percentile 8.9
Median 13.1
70th Percentile 19.5
Max 886.8

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.

NORVA Intrinsic Value
31.39 SEK
Overvaluation 13%
Intrinsic Value
Price kr36
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