(NORVA) Norva24 - Ratings and Ratios

Norva24 Group AB (Publ) is a leading provider of underground infrastructure maintenance services across Northern Europe, specializing in essential environmental and facilities management. The company offers a comprehensive suite of services, including emptying of septic tanks, sand traps, grease separators, oil, and other masses, as well as pressure washing services such as tank cleaning and high-pressure washing. Additionally, Norva24 provides critical infrastructure testing and inspection services, including pressure testing, leak detection, pipe inspection, relining, and tightness checks. These services are integral to maintaining and extending the lifecycle of underground infrastructure, ensuring environmental compliance, and preventing potential system failures. The company operates an extensive network of branches across Norway, Germany, Sweden, and Denmark, positioning it as a key player in the regional market. Founded in 1919 and headquartered in Stryn, Norway, Norva24 has established a long-standing reputation for reliability and expertise in its field. The companys services cater to both municipal and industrial clients, addressing the growing need for sustainable and efficient infrastructure maintenance solutions in Northern Europe. Web URL: https://www.norva24.com

Over the next three months, Norva24 Group AB (ST:NORVA) is expected to demonstrate stable price action, with the stock trading near its SMA20 of 36.17. The low ATR of 0.13 suggests minimal volatility, indicating a potentially quiet period for the stock. From a fundamental perspective, the companys high P/E ratio of 40.67 reflects strong market confidence in its growth prospects, despite elevated valuations. The P/S ratio of 1.81 highlights robust revenue generation, which could support further price appreciation if maintained. However, the RoE of 7.71% suggests room for improvement in operational efficiency. Overall, the stock is likely to see a sideways trend with a slight upward bias, particularly if the company continues to deliver on its growth strategy and demonstrate strong operational performance.