NCC AB (publ)

NCC AB (publ)

NCC-B.ST
NCC AB (publ)SE flagStockholm Stock Exchange
195.50
SEK
+0.10
- -
17.79BMarket Cap
NCC AB (publ)
NCC-B.ST
(Stockholm Stock Exchange)

Recent

price

195.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
455.61
484.52
528.89
535.89
527.52
492.27
489.68
503.62
530.48
539.2
500.2
496.41
521.64
583.32
630.59
569.7
615.75
Revenue per Share
14.08
12.08
17.61
18.41
17.02
19.58
73.82
8.07
-6.99
8.08
11.68
14.01
10.29
16.12
16.08
1.45
15.58
Basic EPS, GAAP
17.6
-21.1
-8.84
14.93
4.87
29.11
0.86
11.85
-4.39
19.65
8.76
13.86
-6.8
-1.05
39.64
10.88
44.13
Free Cash Flow per Basic Share
5.99
10
10.02
10.01
12
11.99
3
8
7.99
4.17
2.5
5
5.95
6
7.99
11
- -
Dividend per Share
58.5
49.72
55.43
65.05
66.65
75.91
33.44
31.8
10.72
11.33
21.08
36.64
48.19
54.76
67.15
61.76
- -
Book Value per Share
59.04
49.22
51.91
61.23
61.34
69.34
29.81
27.72
6.92
7.24
16.98
33.99
47.31
49.86
61.29
52.15
49.01
Tangible Book Value per Share
108
108
108
108
108
108
108
108
108
108
108
108
104
98
98
98
98
Basic Weighted Avg Shares
49,420
52,536
57,226
57,823
56,867
53,116
52,934
54,441
57,345
58,234
53,922
53,414
54,198
56,932
61,609
55,717
60,220
Sales/Revenue/Turnover
4.57
3.88
4.38
4.61
4.53
3.14
2.91
1.93
-1.28
2.21
2.53
3.21
1.87
2.69
3.34
3.55
3.3
Operating Margin (%)
500
492
557
621
621
666
637
628
663
1,407
1,412
1,307
1,231
1,219
1,271
1,267
- -
Depreciation Expense
1,527
1,310
1,905
1,986
1,835
2,113
7,980
872
-756
873
1,259
1,508
1,069
1,573
1,571
142
1,524
Net Income, GAAP
23.95
27.43
16.12
17.12
17.73
18.61
16.78
10.78
- -
26.1
1.72
14.56
17.71
12.76
15.67
77.62
16.23
Effective Tax Rate (%)
3.09
2.49
3.33
3.43
3.23
3.98
15.08
1.6
-1.32
1.5
2.33
2.82
1.97
2.76
2.55
0.25
2.53
Profit Margin (%)
9,189
9,575
12,988
12,702
12,847
12,405
4,570
3,792
2,302
4,231
5,512
5,285
5,916
6,180
7,526
5,886
5,969
Working Capital
2,712
3,850
7,102
7,029
6,957
5,887
2,288
1,669
1,342
3,649
3,965
2,038
3,286
3,006
3,314
2,734
2,954
LT Debt
8,132
7,111
7,649
8,675
8,867
9,714
5,347
5,180
2,948
3,044
3,972
5,844
7,183
7,324
8,663
7,917
7,504
Total Equity
13.69
11.64
14.2
12.52
11.53
7.24
9.3
11.45
- -
14.67
16.52
15.65
7.74
11.08
13.15
3.45
12.43
Return on Invested Capital (%)
17.23
13.74
16.6
13.99
12.65
12.66
67.61
15.23
- -
20.8
21.47
20.59
12.86
16.3
15.8
1.72
17.88
Return on Capital (%)
25.85
22.32
33.46
30.52
25.84
27.48
135.19
24.73
-32.89
73.27
72.03
48.53
23.89
30.39
26.39
2.25
42.51
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,768
1,558
2,376
LT Borrowings
2,350
- -
- -
LT Finance Leases
964
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
98
98
98
Market Capitalization
15,875
18,587
17,252

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
23,945
22,606
24,662
Cash, Cash Equivalents & STI
3,724
2,887
2,136
Accounts Receivable, Net
8,322
7,262
8,903
Inventories
9,416
9,508
9,791
Total Current Liabilities
16,419
15,425
18,693
Payables & Accruals
- -
- -
- -
ST Debt
1,768
1,558
2,376
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.42%
16.33%
-8.61%
Free Cash Flow
-370.36%
-828.93%
-72.53%
Net Income, GAAP
-22.26%
-10.65%
-90.96%
Sales/Revenue/Turnover
0.62%
0.85%
-9.56%
Total Cash Common Dividend
18.45%
36.15%
37.77%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,561
15,448
14,277
20,323
61,609
2025
11,077
14,543
15,929
- -
55,717
2026
9,650
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.95
4.83
4.83
7.37
16.08
2025
-1.39
4.78
-7.39
- -
1.45
2026
-1.9
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7.99
2025
- -
- -
- -
- -
11
2026
- -
- -
- -
- -
- -
Business
NCC AB (publ) is a leading Nordic construction and property development company founded in 1874 and headquartered in Solna, Sweden. The company operates primarily in the Nordic region including Sweden, Norway, Denmark, and Finland, as well as in the Baltic States and Germany. NCC’s core business segments include construction of residential, commercial, and industrial buildings; infrastructure development encompassing roads, tunnels, railways, and civil engineering structures; and property development focused on commercial and residential real estate. NCC's product and service offerings are organized into three main areas: NCC Industry, NCC Building & Construction, and NCC Property Development. NCC Industry specializes in the industrial production of stone materials, asphalt, foundation work, and paving, supplying both private and public sector projects with aggregates, asphalt mix, and concrete products. The Building & Construction segment covers the planning, design, construction, and renovation of commercial buildings, residential properties, schools, sports facilities, and other infrastructure. NCC Property Development involves the development and sale of commercial properties and residential housing in defined growth markets in the Nordic region. Recent significant developments include NCC's strategic emphasis on sustainable and green industry solutions through its NCC Green Industry Transformation initiative, which consolidates resources and expertise to advance projects related to the green industrial transition. NCC has also maintained strong operational performance with increased profitability in Denmark and continued infrastructure contracts across the Nordic countries. While NCC has divested non-core operations such as trenchless pipe installation and parts of its road services business in recent years, the company continues to expand its footprint in strategic infrastructure and building projects. NCC’s financial resilience is demonstrated by stable order intake and profitability growth in 2025 despite challenging market conditions, reflecting its diversified service offering and strong market position. NCC emphasizes a broad customer base that includes both the public sector and private market players, supported by a fully integrated value chain covering raw material production to end construction and property delivery. The company's comprehensive service portfolio and geographic diversification underpin its status as one of the largest construction groups in the Nordic region. Overall, NCC AB provides extensive construction, infrastructure, and property development services with a strategic focus on sustainability and market expansion in the Nordic and adjacent European regions. The company leverages industrial production capabilities alongside project development expertise to serve municipal, commercial, and private clientele. Its recent advances in green industry transformation and operational refinements demonstrate a forward-looking approach aligned with evolving market and environmental demands. This description reflects the company's main product lines, recent operational and strategic changes, and geographic scope based on the latest information available as of late 2025.