KITRON ASA (KIT.OL) Stock Fundamental Analysis
OSL:KIT - Euronext Oslo - NO0003079709 - Common Stock - Currency: NOK
KIT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 53 industry peers in the Electronic Equipment, Instruments & Components industry. While KIT has a great profitability rating, 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.
KIT had positive earnings in each of the past 5 years.
KIT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KIT has a Return On Assets of 5.05%. This is amongst the best in the industry. KIT outperforms 81.13% of its industry peers.
KIT's Return On Equity of 13.96% is amongst the best of the industry. KIT outperforms 84.91% of its industry peers.
With an excellent Return On Invested Capital value of 11.47%, KIT belongs to the best of the industry, outperforming 86.79% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KIT is above the industry average of 7.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.05% | ||
| ROE | 13.96% | ||
| ROIC | 11.47% |
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 4.55%, KIT is doing good in the industry, outperforming 77.36% of the companies in the same industry.
In the last couple of years the Profit Margin of KIT has grown nicely.
KIT's Operating Margin of 7.82% is fine compared to the rest of the industry. KIT outperforms 75.47% of its industry peers.
In the last couple of years the Operating Margin of KIT has grown nicely.
KIT has a Gross Margin of 32.73%. This is in the lower half of the industry: KIT underperforms 66.04% 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 | 7.82% | ||
| PM (TTM) | 4.55% | ||
| GM | 32.73% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KIT is still creating some value.
KIT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for KIT has been increased compared to 5 years ago.
The debt/assets ratio for KIT is higher compared to a year ago.
2.2 Solvency
KIT has an Altman-Z score of 3.59. This indicates that KIT is financially healthy and has little risk of bankruptcy at the moment.
KIT has a Altman-Z score of 3.59. This is in the better half of the industry: KIT outperforms 77.36% of its industry peers.
KIT has a debt to FCF ratio of 3.32. This is a good value and a sign of high solvency as KIT would need 3.32 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.32, KIT is doing good in the industry, outperforming 67.92% of the companies in the same industry.
A Debt/Equity ratio of 0.51 indicates that KIT is somewhat dependend on debt financing.
The Debt to Equity ratio of KIT (0.51) is worse than 62.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 3.32 | ||
| Altman-Z | 3.59 |
ROIC/WACC1.33
WACC8.61%
2.3 Liquidity
KIT has a Current Ratio of 1.69. This is a normal value and indicates that KIT is financially healthy and should not expect problems in meeting its short term obligations.
KIT has a Current ratio of 1.69. This is comparable to the rest of the industry: KIT outperforms 50.94% of its industry peers.
A Quick Ratio of 1.08 indicates that KIT should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.08, KIT is in line with its industry, outperforming 56.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
KIT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -36.36%.
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.
The Revenue for KIT has decreased by -15.90% in the past year. This is quite bad
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)-36.36%
EPS 3Y-46.1%
EPS 5Y-29.38%
EPS Q2Q%33.33%
Revenue 1Y (TTM)-15.9%
Revenue growth 3Y26.76%
Revenue growth 5Y-27.8%
Sales Q2Q%-5.35%
3.2 Future
The Earnings Per Share is expected to grow by 29.41% on average over the next years. This is a very strong growth
KIT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.72% yearly.
EPS Next Y61.86%
EPS Next 2Y44.83%
EPS Next 3Y32.59%
EPS Next 5Y29.41%
Revenue Next Year6.14%
Revenue Next 2Y12.1%
Revenue Next 3Y12.8%
Revenue Next 5Y11.72%
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
Based on the Price/Earnings ratio of 39.67, the valuation of KIT can be described as expensive.
KIT's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.50. KIT is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 20.42, which indicates a rather expensive current valuation of KIT.
The rest of the industry has a similar Price/Forward Earnings ratio as KIT.
When comparing the Price/Forward Earnings ratio of KIT to the average of the S&P500 Index (36.44), we can say KIT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.67 | ||
| Fwd PE | 20.42 |
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 ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.42 | ||
| EV/EBITDA | 17.73 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of KIT may justify a higher PE ratio.
KIT's earnings are expected to grow with 32.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.64
PEG (5Y)N/A
EPS Next 2Y44.83%
EPS Next 3Y32.59%
5. Dividend
5.1 Amount
KIT has a yearly dividend return of 0.58%, which is pretty low.
Compared to an average industry Dividend Yield of 2.72, KIT has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, KIT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.58% |
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 2Y44.83%
EPS Next 3Y32.59%
OSL:KIT (7/18/2025, 7:00:00 PM)
66.65
+0.1 (+0.15%)
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 Cap13.26B
Analysts78
Price Target57.12 (-14.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.58% |
Yearly Dividend0.76
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)-37%
Min EPS beat(2)-46%
Max EPS beat(2)-27.99%
EPS beat(4)0
Avg EPS beat(4)-22.53%
Min EPS beat(4)-46%
Max EPS beat(4)-0.99%
EPS beat(8)1
Avg EPS beat(8)-13.98%
EPS beat(12)4
Avg EPS beat(12)1.7%
EPS beat(16)5
Avg EPS beat(16)-4.6%
Revenue beat(2)1
Avg Revenue beat(2)-1.53%
Min Revenue beat(2)-3.31%
Max Revenue beat(2)0.26%
Revenue beat(4)2
Avg Revenue beat(4)-2.19%
Min Revenue beat(4)-5.8%
Max Revenue beat(4)0.26%
Revenue beat(8)3
Avg Revenue beat(8)-1.69%
Revenue beat(12)7
Avg Revenue beat(12)3.31%
Revenue beat(16)8
Avg Revenue beat(16)-14.12%
PT rev (1m)0%
PT rev (3m)19.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)4.17%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)0.67%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.67 | ||
| Fwd PE | 20.42 | ||
| P/S | 1.74 | ||
| P/FCF | 23.42 | ||
| P/OCF | 23.42 | ||
| P/B | 5.33 | ||
| P/tB | 8.1 | ||
| EV/EBITDA | 17.73 |
EPS(TTM)1.68
EY2.52%
EPS(NY)3.26
Fwd EY4.9%
FCF(TTM)2.85
FCFY4.27%
OCF(TTM)2.85
OCFY4.27%
SpS38.38
BVpS12.5
TBVpS8.23
PEG (NY)0.64
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.05% | ||
| ROE | 13.96% | ||
| ROCE | 15.4% | ||
| ROIC | 11.47% | ||
| ROICexc | 13.51% | ||
| ROICexgc | 18.21% | ||
| OM | 7.82% | ||
| PM (TTM) | 4.55% | ||
| GM | 32.73% | ||
| FCFM | 7.41% |
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 Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 3.32 | ||
| Debt/EBITDA | 1.56 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.05% | ||
| Profit Quality | 163.1% | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 3.59 |
F-Score6
WACC8.61%
ROIC/WACC1.33
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)-36.36%
EPS 3Y-46.1%
EPS 5Y-29.38%
EPS Q2Q%33.33%
EPS Next Y61.86%
EPS Next 2Y44.83%
EPS Next 3Y32.59%
EPS Next 5Y29.41%
Revenue 1Y (TTM)-15.9%
Revenue growth 3Y26.76%
Revenue growth 5Y-27.8%
Sales Q2Q%-5.35%
Revenue Next Year6.14%
Revenue Next 2Y12.1%
Revenue Next 3Y12.8%
Revenue Next 5Y11.72%
EBIT growth 1Y-22.03%
EBIT growth 3Y31.79%
EBIT growth 5Y-25.29%
EBIT Next Year58.78%
EBIT Next 3Y29.17%
EBIT Next 5Y22.75%
FCF growth 1Y27.17%
FCF growth 3Y71.01%
FCF growth 5Y-16.11%
OCF growth 1Y27.17%
OCF growth 3Y59.28%
OCF growth 5Y-25.87%