Risk factor
Profitability factor
Strong margins and returns
About
Norwegian Property ASA, a real estate investment company, acquires, develops, manages, and sells commercial real estate properties in Norway. Its properties primarily comprise office premises with associated warehousing and car parks, and retail and restaurant spaces. As of December 31, 2019, the company owned 28 office, commercial, and residential properties primarily in Oslo; and a development property at Forus in Stavanger. The company was incorporated in 2005 and is headquartered in Oslo, Norway. Norwegian Property ASA is a subsidiary of Geveran Trading Co Ltd.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITD.
