AF Gruppen Valuation Multiples

AF Gruppen Overview

About AF Gruppen

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.

Founded

1985

HQ

Employees

5.6K

Website

afgruppen.com

Sectors

Construction & Engineering

Financials (LTM)

Revenue: $3B

EBITDA: $264M

EV

$2B

Valuation Multiples

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AF Gruppen Financials

AF Gruppen reported last 12-month revenue of $3B and EBITDA of $264M.

In the same LTM period, AF Gruppen generated $268M in gross profit, $264M in EBITDA, and $125M in net income.

AF Gruppen P&L

In the most recent fiscal year, AF Gruppen reported revenue of $3B and EBITDA of $266M.

AF Gruppen expects next 12-month revenue of XXX and NTM EBITDA of XXX

AF Gruppen Stock Performance

AF Gruppen has current market cap of $2B, and enterprise value of $2B.

AF Gruppen's stock price is $19.13.

AF Gruppen Valuation Multiples

AF Gruppen trades at 0.6x EV/Revenue multiple, and 7.9x EV/EBITDA.

AF Gruppen Financial Valuation Multiples

As of April 20, 2026, AF Gruppen has market cap of $2B and EV of $2B.

Equity research analysts estimate AF Gruppen's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

AF Gruppen has a P/E ratio of 17.3x.

AF Gruppen Margins & Growth Rates

AF Gruppen's revenue in the last 12 month grew by 7%.

AF Gruppen's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.2M for the same period.

AF Gruppen's rule of 40 is 14% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

AF Gruppen's rule of X is 24% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

AF Gruppen Public Comps

See public comps and valuation multiples for other Construction & Engineering comps.

AF Gruppen M&A Activity

AF Gruppen acquired XXX companies to date.

Last acquisition by AF Gruppen was on XXXXXXXX, XXXXX. AF Gruppen acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

AF Gruppen Investment Activity

AF Gruppen invested in XXX companies to date.

AF Gruppen made its latest investment on XXXXXXXX, XXXXX. AF Gruppen invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).