Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Nordisk Bergteknik AB (publ), together with its subsidiaries, provides rock handling and foundation solutions in Sweden and Norway. Its rock handling services include drilling, excavation, wire sawing, rock reinforcement, shaft work, scaling, shotcreting, soil nailing, and grouting services; and rock safety and concrete rehabilitation of bridges, piers, and buildings, as well as offers hanging nets, bolting, and protection services against rockfalls, buildings and roads. The company's foundation services comprise piling, sheet piling, foundation reinforcement, grouting, and groundwater lowering. It undertakes projects in the field of infrastructure, construction, wind farms, mines, natural environments, and other areas. The company was founded in 1966 and is headquartered in Gothenburg, Sweden.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of NORB-B.ST is 13 and suggests 10% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendati