KONGSBERG GRUPPEN ASA (KOG.OL) Stock Fundamental Analysis
OSL:KOG - Euronext Oslo - NO0003043309 - Common Stock - Currency: NOK
Taking everything into account, KOG scores 7 out of 10 in our fundamental rating. KOG was compared to 39 industry peers in the Aerospace & Defense industry. KOG scores excellent points on both the profitability and health parts. This is a solid base for a good stock. KOG is valued quite expensively, but it does show have an excellent growth rating. With these ratings, KOG could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year KOG was profitable.
KOG had a positive operating cash flow in the past year.
Each year in the past 5 years KOG has been profitable.
In the past 5 years KOG always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of KOG (9.23%) is better than 95.12% of its industry peers.
KOG has a Return On Equity of 32.46%. This is amongst the best in the industry. KOG outperforms 95.12% of its industry peers.
Looking at the Return On Invested Capital, with a value of 22.80%, KOG belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KOG is significantly above the industry average of 9.46%.
The last Return On Invested Capital (22.80%) for KOG is above the 3 year average (16.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.23% | ||
| ROE | 32.46% | ||
| ROIC | 22.8% |
ROA(3y)6.93%
ROA(5y)6.73%
ROE(3y)23.73%
ROE(5y)21.81%
ROIC(3y)16.43%
ROIC(5y)13.74%
1.3 Margins
The Profit Margin of KOG (10.49%) is better than 90.24% of its industry peers.
In the last couple of years the Profit Margin of KOG has grown nicely.
The Operating Margin of KOG (13.36%) is better than 80.49% of its industry peers.
In the last couple of years the Operating Margin of KOG has grown nicely.
Looking at the Gross Margin, with a value of 63.81%, KOG belongs to the top of the industry, outperforming 85.37% of the companies in the same industry.
In the last couple of years the Gross Margin of KOG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.36% | ||
| PM (TTM) | 10.49% | ||
| GM | 63.81% |
OM growth 3Y8.46%
OM growth 5Y24.29%
PM growth 3Y10.07%
PM growth 5Y28.31%
GM growth 3Y-0.67%
GM growth 5Y0.27%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), KOG is creating value.
Compared to 1 year ago, KOG has about the same amount of shares outstanding.
Compared to 5 years ago, KOG has less shares outstanding
Compared to 1 year ago, KOG has an improved debt to assets ratio.
2.2 Solvency
KOG has an Altman-Z score of 6.11. This indicates that KOG is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.11, KOG belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
KOG has a debt to FCF ratio of 0.39. This is a very positive value and a sign of high solvency as it would only need 0.39 years to pay back of all of its debts.
The Debt to FCF ratio of KOG (0.39) is better than 97.56% of its industry peers.
KOG has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
KOG has a Debt to Equity ratio of 0.27. This is amongst the best in the industry. KOG outperforms 80.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.39 | ||
| Altman-Z | 6.11 |
ROIC/WACC2.65
WACC8.6%
2.3 Liquidity
KOG has a Current Ratio of 1.10. This is a normal value and indicates that KOG is financially healthy and should not expect problems in meeting its short term obligations.
KOG has a worse Current ratio (1.10) than 63.41% of its industry peers.
A Quick Ratio of 0.89 indicates that KOG may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.89, KOG is in the better half of the industry, outperforming 68.29% of the companies in the same industry.
The current and quick ratio evaluation for KOG is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
KOG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.30%, which is quite impressive.
The Earnings Per Share has been growing by 49.13% on average over the past years. This is a very strong growth
The Revenue has grown by 20.32% in the past year. This is a very strong growth!
Measured over the past years, KOG shows a quite strong growth in Revenue. The Revenue has been growing by 16.02% on average per year.
EPS 1Y (TTM)38.3%
EPS 3Y33.93%
EPS 5Y49.13%
EPS Q2Q%26.26%
Revenue 1Y (TTM)20.32%
Revenue growth 3Y21.2%
Revenue growth 5Y16.02%
Sales Q2Q%16.53%
3.2 Future
Based on estimates for the next years, KOG will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.97% on average per year.
KOG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.15% yearly.
EPS Next Y26.86%
EPS Next 2Y22.54%
EPS Next 3Y20.06%
EPS Next 5Y16.97%
Revenue Next Year19.67%
Revenue Next 2Y16.72%
Revenue Next 3Y15.21%
Revenue Next 5Y13.15%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 58.48, the valuation of KOG can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of KOG indicates a slightly more expensive valuation: KOG is more expensive than 60.98% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of KOG to the average of the S&P500 Index (28.18), we can say KOG is valued expensively.
The Price/Forward Earnings ratio is 46.10, which means the current valuation is very expensive for KOG.
Based on the Price/Forward Earnings ratio, KOG is valued a bit more expensive than 70.73% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.81. KOG is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.48 | ||
| Fwd PE | 46.1 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KOG indicates a slightly more expensive valuation: KOG is more expensive than 73.17% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, KOG is valued a bit cheaper than the industry average as 78.05% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.07 | ||
| EV/EBITDA | 37.07 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of KOG may justify a higher PE ratio.
A more expensive valuation may be justified as KOG's earnings are expected to grow with 20.06% in the coming years.
PEG (NY)2.18
PEG (5Y)1.19
EPS Next 2Y22.54%
EPS Next 3Y20.06%
5. Dividend
5.1 Amount
KOG has a Yearly Dividend Yield of 1.32%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.35, KOG pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.32, KOG pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
5.2 History
The dividend of KOG is nicely growing with an annual growth rate of 41.14%!
Dividend Growth(5Y)41.14%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
48.04% of the earnings are spent on dividend by KOG. This is a bit on the high side, but may be sustainable.
The dividend of KOG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP48.04%
EPS Next 2Y22.54%
EPS Next 3Y20.06%
OSL:KOG (5/2/2025, 7:00:00 PM)
1704
+36 (+2.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners28.42%
Inst Owner ChangeN/A
Ins Owners1.2%
Ins Owner ChangeN/A
Market Cap299.77B
Analysts49.33
Price Target1284.33 (-24.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
Yearly Dividend14
Dividend Growth(5Y)41.14%
DP48.04%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.79%
Min EPS beat(2)-6.55%
Max EPS beat(2)-1.02%
EPS beat(4)2
Avg EPS beat(4)6.82%
Min EPS beat(4)-6.55%
Max EPS beat(4)29.04%
EPS beat(8)6
Avg EPS beat(8)8.18%
EPS beat(12)8
Avg EPS beat(12)6.79%
EPS beat(16)12
Avg EPS beat(16)6.94%
Revenue beat(2)1
Avg Revenue beat(2)1.01%
Min Revenue beat(2)-0.11%
Max Revenue beat(2)2.13%
Revenue beat(4)3
Avg Revenue beat(4)1.17%
Min Revenue beat(4)-0.11%
Max Revenue beat(4)2.21%
Revenue beat(8)7
Avg Revenue beat(8)3.37%
Revenue beat(12)9
Avg Revenue beat(12)2.19%
Revenue beat(16)11
Avg Revenue beat(16)1.14%
PT rev (1m)1.73%
PT rev (3m)8.64%
EPS NQ rev (1m)-1.01%
EPS NQ rev (3m)6.9%
EPS NY rev (1m)0.26%
EPS NY rev (3m)3.88%
Revenue NQ rev (1m)-0.83%
Revenue NQ rev (3m)10.68%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)3.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.48 | ||
| Fwd PE | 46.1 | ||
| P/S | 6.13 | ||
| P/FCF | 25.07 | ||
| P/OCF | 21.81 | ||
| P/B | 18.98 | ||
| P/tB | 30.37 | ||
| EV/EBITDA | 37.07 |
EPS(TTM)29.14
EY1.71%
EPS(NY)36.97
Fwd EY2.17%
FCF(TTM)67.97
FCFY3.99%
OCF(TTM)78.13
OCFY4.58%
SpS277.81
BVpS89.77
TBVpS56.11
PEG (NY)2.18
PEG (5Y)1.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.23% | ||
| ROE | 32.46% | ||
| ROCE | 28.94% | ||
| ROIC | 22.8% | ||
| ROICexc | 30.95% | ||
| ROICexgc | 48.07% | ||
| OM | 13.36% | ||
| PM (TTM) | 10.49% | ||
| GM | 63.81% | ||
| FCFM | 24.47% |
ROA(3y)6.93%
ROA(5y)6.73%
ROE(3y)23.73%
ROE(5y)21.81%
ROIC(3y)16.43%
ROIC(5y)13.74%
ROICexc(3y)29.63%
ROICexc(5y)28.32%
ROICexgc(3y)57.09%
ROICexgc(5y)N/A
ROCE(3y)21.13%
ROCE(5y)17.6%
ROICexcg growth 3Y42.66%
ROICexcg growth 5Y26.28%
ROICexc growth 3Y33.73%
ROICexc growth 5Y38.4%
OM growth 3Y8.46%
OM growth 5Y24.29%
PM growth 3Y10.07%
PM growth 5Y28.31%
GM growth 3Y-0.67%
GM growth 5Y0.27%
F-Score6
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.39 | ||
| Debt/EBITDA | 0.52 | ||
| Cap/Depr | 117.49% | ||
| Cap/Sales | 3.66% | ||
| Interest Coverage | 20.47 | ||
| Cash Conversion | 170.73% | ||
| Profit Quality | 233.22% | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 6.11 |
F-Score6
WACC8.6%
ROIC/WACC2.65
Cap/Depr(3y)102.58%
Cap/Depr(5y)78.93%
Cap/Sales(3y)3.55%
Cap/Sales(5y)2.97%
Profit Quality(3y)117.44%
Profit Quality(5y)126.5%
High Growth Momentum
Growth
EPS 1Y (TTM)38.3%
EPS 3Y33.93%
EPS 5Y49.13%
EPS Q2Q%26.26%
EPS Next Y26.86%
EPS Next 2Y22.54%
EPS Next 3Y20.06%
EPS Next 5Y16.97%
Revenue 1Y (TTM)20.32%
Revenue growth 3Y21.2%
Revenue growth 5Y16.02%
Sales Q2Q%16.53%
Revenue Next Year19.67%
Revenue Next 2Y16.72%
Revenue Next 3Y15.21%
Revenue Next 5Y13.15%
EBIT growth 1Y40.62%
EBIT growth 3Y31.46%
EBIT growth 5Y44.2%
EBIT Next Year48.67%
EBIT Next 3Y25.92%
EBIT Next 5Y21.41%
FCF growth 1Y210.81%
FCF growth 3Y39.61%
FCF growth 5Y54.94%
OCF growth 1Y135.87%
OCF growth 3Y40.36%
OCF growth 5Y48.82%