Financials Kongsberg Gruppen ASA

Equities

KOG

NO0003043309

Aerospace & Defense

Market Closed - Oslo Bors 10:45:00 2024-05-31 am EDT 5-day change 1st Jan Change
901.5 NOK +1.29% Intraday chart for Kongsberg Gruppen ASA -0.39% +93.70%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 24,836 31,681 50,383 73,409 81,866 158,398 - -
Enterprise Value (EV) 1 23,271 27,732 44,715 71,930 78,891 155,904 154,949 152,969
P/E ratio 35.5 x 11 x 23.7 x 26.6 x 22.1 x 34.8 x 29.8 x 26.3 x
Yield 1.81% 4.54% 5.35% 2.89% 3.01% 1.86% 2.19% 2.5%
Capitalization / Revenue 1.03 x 1.24 x 1.84 x 2.31 x 2.02 x 3.36 x 3.01 x 2.72 x
EV / Revenue 0.97 x 1.08 x 1.63 x 2.26 x 1.94 x 3.31 x 2.94 x 2.63 x
EV / EBITDA 10.2 x 8.53 x 10.9 x 15.6 x 13.1 x 21.6 x 18.7 x 16.4 x
EV / FCF -7.35 x 5.33 x 10.5 x 149 x 20.2 x 51.1 x 32.5 x 33.7 x
FCF Yield -13.6% 18.8% 9.55% 0.67% 4.94% 1.96% 3.08% 2.97%
Price to Book 1.95 x 2.39 x 3.8 x 5.44 x 5.13 x 8.74 x 7.89 x 7.06 x
Nbr of stocks (in thousands) 179,973 179,799 176,166 176,635 175,905 175,705 - -
Reference price 2 138.0 176.2 286.0 415.6 465.4 901.5 901.5 901.5
Announcement Date 2/12/20 2/11/21 2/11/22 2/9/23 2/8/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 24,081 25,612 27,449 31,803 40,617 47,086 52,684 58,224
EBITDA 1 2,279 3,250 4,086 4,602 6,037 7,221 8,268 9,317
EBIT 1 1,437 1,905 2,863 3,309 4,600 5,610 6,564 7,457
Operating Margin 5.97% 7.44% 10.43% 10.4% 11.33% 11.92% 12.46% 12.81%
Earnings before Tax (EBT) 1 967 1,855 2,922 3,497 4,675 5,718 6,703 7,594
Net income 1 717 2,891 2,158 2,773 3,712 4,561 5,323 6,036
Net margin 2.98% 11.29% 7.86% 8.72% 9.14% 9.69% 10.1% 10.37%
EPS 2 3.890 16.08 12.06 15.64 21.08 25.90 30.24 34.27
Free Cash Flow 1 -3,168 5,200 4,272 484 3,896 3,050 4,775 4,536
FCF margin -13.16% 20.3% 15.56% 1.52% 9.59% 6.48% 9.06% 7.79%
FCF Conversion (EBITDA) - 160% 104.55% 10.52% 64.54% 42.23% 57.75% 48.69%
FCF Conversion (Net income) - 179.87% 197.96% 17.45% 104.96% 66.85% 89.71% 75.16%
Dividend per Share 2 2.500 8.000 15.30 12.00 14.00 16.79 19.74 22.55
Announcement Date 2/12/20 2/11/21 2/11/22 2/9/23 2/8/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q2 2022 Q3 2022 Q4 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 8,107 7,567 7,745 9,444 9,614 9,978 11,936 11,450 11,297 11,517 12,715 - -
EBITDA 1 1,156 1,012 1,360 1,401 1,381 1,626 1,672 1,820 1,637 1,826 1,942 2,000 1,855
EBIT 1 844 683 1,035 1,068 1,038 1,270 1,273 1,463 1,305 1,421 1,498 1,602 1,452
Operating Margin 10.41% 9.03% 13.36% 11.31% 10.8% 12.73% 10.67% 12.78% 11.55% 12.33% 11.78% - -
Earnings before Tax (EBT) 1 901 676 1,114 1,195 984 1,312 1,390 1,433 1,260 1,502 1,628 1,611 1,514
Net income 1 689 531 882 979 773 1,043 1,153 1,119 1,054 1,232 1,348 1,275 1,225
Net margin 8.5% 7.02% 11.39% 10.37% 8.04% 10.45% 9.66% 9.77% 9.33% 10.69% 10.6% - -
EPS 2 3.860 2.980 4.970 5.540 4.380 5.930 6.550 6.360 5.569 6.818 7.386 7.136 6.727
Dividend per Share 2 15.30 - - 12.00 - - 14.00 - - - 16.00 - -
Announcement Date 2/11/22 7/12/22 10/27/22 2/9/23 7/14/23 10/27/23 2/8/24 4/30/24 - - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,565 3,949 5,668 1,479 2,975 2,494 3,449 5,429
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -3,168 5,200 4,272 484 3,896 3,050 4,775 4,537
ROE (net income / shareholders' equity) 5.69% 22.2% 16.2% 20.5% 25.2% 26.1% 27.4% 28%
ROA (Net income/ Total Assets) 2.28% 7.39% 5.5% 6.72% 7.7% 7.8% 8.36% 8.87%
Assets 1 31,494 39,126 39,272 41,267 48,223 58,507 63,637 68,060
Book Value Per Share 2 70.90 73.70 75.30 76.30 90.80 103.0 114.0 128.0
Cash Flow per Share 2 10.90 15.60 27.80 6.240 33.10 21.00 26.90 31.50
Capex 1 534 506 507 622 1,931 2,046 1,830 2,089
Capex / Sales 2.22% 1.98% 1.85% 1.96% 4.75% 4.35% 3.47% 3.59%
Announcement Date 2/12/20 2/11/21 2/11/22 2/9/23 2/8/24 - - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
901.5 NOK
Average target price
801.1 NOK
Spread / Average Target
-11.13%
Consensus
  1. Stock Market
  2. Equities
  3. KOG Stock
  4. Financials Kongsberg Gruppen ASA