AF Gruppen ASA (STU:AF8) Enterprise Value: €1,906 Mil (As of Jun. 24, 2026) ***


STU:AF8 AF Gruppen ASA STU:AF8
75 GF Score
Price €16.94
GF Value €13.87
Valuation Modestly Overvalued
! 3 Warning Signs
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What is AF Gruppen ASA Enterprise Value?

AF Gruppen ASA STU:AF8 -1.05% 75 Enterprise Value is €1,906 Mil as of Jun. 24, 2026. GuruFocus rates STU:AF8 with a GF Score™ of 75/100 and a GF Value™ of €13.87 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AF Gruppen ASA's Enterprise Value is €1,906 Mil. AF Gruppen ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €136 Mil. Therefore, AF Gruppen ASA's EV-to-EBIT ratio for today is 13.98.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, AF Gruppen ASA's Enterprise Value is €1,906 Mil. AF Gruppen ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €202 Mil. Therefore, AF Gruppen ASA's EV-to-EBITDA ratio for today is 9.44.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, AF Gruppen ASA's Enterprise Value is €1,906 Mil. AF Gruppen ASA's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €2,838 Mil. Therefore, AF Gruppen ASA's EV-to-Revenue ratio for today is 0.67.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, AF Gruppen ASA's Enterprise Value is €1,906 Mil. AF Gruppen ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €262 Mil. Therefore, AF Gruppen ASA's EV-to-OCF ratio for today is 7.27.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, AF Gruppen ASA's Enterprise Value is €1,906 Mil. AF Gruppen ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €262 Mil. Therefore, AF Gruppen ASA's EV-to-FCF ratio for today is 7.27.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


AF Gruppen ASA  (STU:AF8) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

AF Gruppen ASA's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1906.162/136.383
=13.98

AF Gruppen ASA's current Enterprise Value is €1,906 Mil.
AF Gruppen ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €136 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

AF Gruppen ASA's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1906.162/202.015
=9.44

AF Gruppen ASA's current Enterprise Value is €1,906 Mil.
AF Gruppen ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €202 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

AF Gruppen ASA's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1906.162/2838.332
=0.67

AF Gruppen ASA's current Enterprise Value is €1,906 Mil.
AF Gruppen ASA's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,838 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

AF Gruppen ASA's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1906.162/262.102
=7.27

AF Gruppen ASA's current Enterprise Value is €1,906 Mil.
AF Gruppen ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €262 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

AF Gruppen ASA's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1906.162/262.102
=7.27

AF Gruppen ASA's current Enterprise Value is €1,906 Mil.
AF Gruppen ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €262 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AF Gruppen ASA Enterprise Value Related Terms


AF Gruppen ASA Enterprise Value Historical Data

* Premium members only.

The historical data trend for AF Gruppen ASA's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AF Gruppen ASA Enterprise Value Chart

AF Gruppen ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,149.05 1,572.68 1,343.38 1,436.44 1,719.74

AF Gruppen ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,398.52 1,514.69 1,610.98 1,719.74 1,695.91

STU:AF8 vs PWR, FIX, EME: Enterprise Value Comparison

For the Engineering & Construction subindustry, AF Gruppen ASA's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AF Gruppen ASA Enterprise Value vs Construction Industry

For the Construction industry and Industrials sector, AF Gruppen ASA's Enterprise Value distribution charts can be found below:

* The bar in red indicates where AF Gruppen ASA's Enterprise Value falls into.


STU:AF8
75GF Score
AF Gruppen ASA STU:AF8
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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AF Gruppen ASA Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

AF Gruppen ASA's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

AF Gruppen ASA's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €1,906 Mil mean?
AF Gruppen ASA (STU:AF8) has a Enterprise Value of €1,906 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on AF Gruppen ASA and its competitors.
Is AF Gruppen ASA's Enterprise Value too high?
AF Gruppen ASA's current Enterprise Value is €1,906 Mil. Overall, AF Gruppen ASA has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AF Gruppen ASA's Enterprise Value compare to PWR and FIX?
AF Gruppen ASA's Enterprise Value of €1,906 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Construction company?
A good Enterprise Value depends on the Construction industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on AF Gruppen ASA and its competitors. AF Gruppen ASA's current Enterprise Value is €1,906 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF Gruppen ASA stock overvalued right now?
Based on GuruFocus' analysis, AF Gruppen ASA (STU:AF8) is currently considered Modestly Overvalued. The stock's GF Value™ is €13.87, compared to a current price of €16.94 — trading 22.1% above its estimated fair value. The current Enterprise Value is €1,906 Mil. AF Gruppen ASA's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For AF Gruppen ASA (STU:AF8), the current Enterprise Value is €1,906 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AF Gruppen ASA (STU:AF8) Overvalued in 2026?

Based on GuruFocus' analysis, AF Gruppen ASA stock appears to be overvalued. The current stock price of €16.94 is trading 22.1% above its estimated GF Value™ of €13.87. GuruFocus considers AF Gruppen ASA to be Modestly Overvalued.

Key valuation signals for STU:AF8:

  • Enterprise Value: €1,906 Mil
  • GF Value™: €13.87 vs. price of €16.94 (22.1% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the STU:AF8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AF Gruppen ASA Business Description

Address Innspurten 15, P.O. box 6272, Oslo, NOR, 0603
AF Gruppen ASA A is one of Norway's contracting and industrial groups. The company provides services in areas of civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants.
75GF Score

Get the complete analysis for STU:AF8

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.94
Price
€13.87
GF Value