KITRON ASA (KIT.OL) Stock Fundamental Analysis
Europe - OSL:KIT - NO0003079709 - Common Stock
61.15 NOK
-0.55 (-0.89%)
Taking everything into account, KIT scores 5 out of 10 in our fundamental rating. KIT was compared to 52 industry peers in the Electronic Equipment, Instruments & Components industry. KIT scores excellent on profitability, but there are some minor concerns on its financial health. KIT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year KIT was profitable.
In the past year KIT had a positive cash flow from operations.
In the past 5 years KIT has always been profitable.
KIT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 4.98%, KIT belongs to the best of the industry, outperforming 86.54% of the companies in the same industry.
With an excellent Return On Equity value of 13.72%, KIT belongs to the best of the industry, outperforming 90.38% of the companies in the same industry.
With an excellent Return On Invested Capital value of 11.73%, KIT belongs to the best of the industry, outperforming 96.15% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KIT is significantly above the industry average of 6.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.98% | ||
| ROE | 13.72% | ||
| ROIC | 11.73% |
ROA(3y)6.3%
ROA(5y)6.31%
ROE(3y)20.56%
ROE(5y)19.64%
ROIC(3y)11.99%
ROIC(5y)12.16%
1.3 Margins
With a decent Profit Margin value of 4.45%, KIT is doing good in the industry, outperforming 78.85% of the companies in the same industry.
In the last couple of years the Profit Margin of KIT has grown nicely.
KIT has a Operating Margin of 7.77%. This is in the better half of the industry: KIT outperforms 78.85% of its industry peers.
KIT's Operating Margin has improved in the last couple of years.
The Gross Margin of KIT (32.93%) is worse than 61.54% of its industry peers.
In the last couple of years the Gross Margin of KIT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.77% | ||
| PM (TTM) | 4.45% | ||
| GM | 32.93% |
OM growth 3Y3.97%
OM growth 5Y3.48%
PM growth 3Y1.66%
PM growth 5Y1.5%
GM growth 3Y-0.86%
GM growth 5Y0.25%
2. Health
2.1 Basic Checks
KIT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for KIT has been increased compared to 1 year ago.
Compared to 5 years ago, KIT has more shares outstanding
Compared to 1 year ago, KIT has a worse debt to assets ratio.
2.2 Solvency
KIT has an Altman-Z score of 3.52. This indicates that KIT is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of KIT (3.52) is better than 75.00% of its industry peers.
KIT has a debt to FCF ratio of 3.14. This is a good value and a sign of high solvency as KIT would need 3.14 years to pay back of all of its debts.
The Debt to FCF ratio of KIT (3.14) is better than 71.15% of its industry peers.
KIT has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.48, KIT perfoms like the industry average, outperforming 42.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 3.14 | ||
| Altman-Z | 3.52 |
ROIC/WACC1.38
WACC8.48%
2.3 Liquidity
A Current Ratio of 1.65 indicates that KIT should not have too much problems paying its short term obligations.
With a Current ratio value of 1.65, KIT perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
A Quick Ratio of 1.09 indicates that KIT should not have too much problems paying its short term obligations.
The Quick ratio of KIT (1.09) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
KIT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.32%.
Measured over the past years, KIT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -29.38% on average per year.
Looking at the last year, KIT shows a very negative growth in Revenue. The Revenue has decreased by -10.74% in the last year.
Measured over the past years, KIT shows a very negative growth in Revenue. The Revenue has been decreasing by -27.80% on average per year.
EPS 1Y (TTM)-26.32%
EPS 3Y-46.1%
EPS 5Y-29.38%
EPS Q2Q%0%
Revenue 1Y (TTM)-10.74%
Revenue growth 3Y26.76%
Revenue growth 5Y-27.8%
Sales Q2Q%2.74%
3.2 Future
Based on estimates for the next years, KIT will show a very strong growth in Earnings Per Share. The EPS will grow by 31.81% on average per year.
Based on estimates for the next years, KIT will show a quite strong growth in Revenue. The Revenue will grow by 13.44% on average per year.
EPS Next Y60.57%
EPS Next 2Y45.28%
EPS Next 3Y36.64%
EPS Next 5Y31.81%
Revenue Next Year9.7%
Revenue Next 2Y14.08%
Revenue Next 3Y14.16%
Revenue Next 5Y13.44%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 37.75, which means the current valuation is very expensive for KIT.
Based on the Price/Earnings ratio, KIT is valued a bit cheaper than the industry average as 63.46% of the companies are valued more expensively.
KIT's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.38.
With a Price/Forward Earnings ratio of 19.23, KIT is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as KIT.
The average S&P500 Price/Forward Earnings ratio is at 22.86. KIT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.75 | ||
| Fwd PE | 19.23 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KIT is on the same level as its industry peers.
KIT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.96 | ||
| EV/EBITDA | 16.71 |
4.3 Compensation for Growth
KIT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of KIT may justify a higher PE ratio.
KIT's earnings are expected to grow with 36.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.62
PEG (5Y)N/A
EPS Next 2Y45.28%
EPS Next 3Y36.64%
5. Dividend
5.1 Amount
With a yearly dividend of 0.56%, KIT is not a good candidate for dividend investing.
KIT's Dividend Yield is comparable with the industry average which is at 2.88.
With a Dividend Yield of 0.56, KIT pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
5.2 History
The dividend of KIT decreases each year by -30.46%.
Dividend Growth(5Y)-30.46%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y45.28%
EPS Next 3Y36.64%
OSL:KIT (9/19/2025, 7:00:00 PM)
61.15
-0.55 (-0.89%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners60.35%
Inst Owner ChangeN/A
Ins Owners3.22%
Ins Owner ChangeN/A
Market Cap12.16B
Analysts73.33
Price Target62.63 (2.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
Yearly Dividend0.75
Dividend Growth(5Y)-30.46%
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.49%
Min EPS beat(2)-27.99%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-22.53%
Min EPS beat(4)-46%
Max EPS beat(4)-0.99%
EPS beat(8)0
Avg EPS beat(8)-19.6%
EPS beat(12)3
Avg EPS beat(12)1.56%
EPS beat(16)5
Avg EPS beat(16)-3.63%
Revenue beat(2)0
Avg Revenue beat(2)-2.03%
Min Revenue beat(2)-3.31%
Max Revenue beat(2)-0.75%
Revenue beat(4)2
Avg Revenue beat(4)-0.92%
Min Revenue beat(4)-3.31%
Max Revenue beat(4)0.26%
Revenue beat(8)2
Avg Revenue beat(8)-2.6%
Revenue beat(12)6
Avg Revenue beat(12)2.78%
Revenue beat(16)8
Avg Revenue beat(16)-8.5%
PT rev (1m)0%
PT rev (3m)9.64%
EPS NQ rev (1m)-9.09%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.8%
EPS NY rev (3m)-0.8%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)3.34%
Revenue NY rev (1m)0.59%
Revenue NY rev (3m)3.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.75 | ||
| Fwd PE | 19.23 | ||
| P/S | 1.63 | ||
| P/FCF | 21.96 | ||
| P/OCF | 21.96 | ||
| P/B | 5.04 | ||
| P/tB | 7.62 | ||
| EV/EBITDA | 16.71 |
EPS(TTM)1.62
EY2.65%
EPS(NY)3.18
Fwd EY5.2%
FCF(TTM)2.78
FCFY4.55%
OCF(TTM)2.78
OCFY4.55%
SpS37.43
BVpS12.14
TBVpS8.03
PEG (NY)0.62
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.98% | ||
| ROE | 13.72% | ||
| ROCE | 15.75% | ||
| ROIC | 11.73% | ||
| ROICexc | 14.16% | ||
| ROICexgc | 19.36% | ||
| OM | 7.77% | ||
| PM (TTM) | 4.45% | ||
| GM | 32.93% | ||
| FCFM | 7.44% |
ROA(3y)6.3%
ROA(5y)6.31%
ROE(3y)20.56%
ROE(5y)19.64%
ROIC(3y)11.99%
ROIC(5y)12.16%
ROICexc(3y)13.49%
ROICexc(5y)13.96%
ROICexgc(3y)17.82%
ROICexgc(5y)16.94%
ROCE(3y)18.2%
ROCE(5y)19.77%
ROICexcg growth 3Y6.87%
ROICexcg growth 5Y2.02%
ROICexc growth 3Y-0.33%
ROICexc growth 5Y-2.12%
OM growth 3Y3.97%
OM growth 5Y3.48%
PM growth 3Y1.66%
PM growth 5Y1.5%
GM growth 3Y-0.86%
GM growth 5Y0.25%
F-Score6
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 3.14 | ||
| Debt/EBITDA | 1.45 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.78% | ||
| Profit Quality | 167.13% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 3.52 |
F-Score6
WACC8.48%
ROIC/WACC1.38
Cap/Depr(3y)67.01%
Cap/Depr(5y)60.89%
Cap/Sales(3y)1.67%
Cap/Sales(5y)1.55%
Profit Quality(3y)79.11%
Profit Quality(5y)74.69%
High Growth Momentum
Growth
EPS 1Y (TTM)-26.32%
EPS 3Y-46.1%
EPS 5Y-29.38%
EPS Q2Q%0%
EPS Next Y60.57%
EPS Next 2Y45.28%
EPS Next 3Y36.64%
EPS Next 5Y31.81%
Revenue 1Y (TTM)-10.74%
Revenue growth 3Y26.76%
Revenue growth 5Y-27.8%
Sales Q2Q%2.74%
Revenue Next Year9.7%
Revenue Next 2Y14.08%
Revenue Next 3Y14.16%
Revenue Next 5Y13.44%
EBIT growth 1Y-16.56%
EBIT growth 3Y31.79%
EBIT growth 5Y-25.29%
EBIT Next Year58.78%
EBIT Next 3Y29.17%
EBIT Next 5Y24.44%
FCF growth 1Y9.03%
FCF growth 3Y71.01%
FCF growth 5Y-16.11%
OCF growth 1Y9.03%
OCF growth 3Y59.28%
OCF growth 5Y-25.87%