KONGSBERG GRUPPEN ASA (KOG.OL) Stock Fundamental Analysis
OSL:KOG - Euronext Oslo - NO0013536151 - Common Stock - Currency: NOK
Overall KOG gets a fundamental rating of 7 out of 10. We evaluated KOG against 46 industry peers in the Aerospace & Defense industry. KOG has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. KOG may be a bit undervalued, certainly considering the very reasonable score on growth This makes KOG very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
KOG had positive earnings in the past year.
In the past year KOG had a positive cash flow from operations.
Each year in the past 5 years KOG has been profitable.
Each year in the past 5 years KOG had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 8.79%, KOG belongs to the best of the industry, outperforming 93.48% of the companies in the same industry.
The Return On Equity of KOG (30.40%) is better than 91.30% of its industry peers.
The Return On Invested Capital of KOG (19.30%) is better than 95.65% of its industry peers.
KOG had an Average Return On Invested Capital over the past 3 years of 16.43%. This is significantly above the industry average of 8.83%.
The 3 year average ROIC (16.43%) for KOG is below the current ROIC(19.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.79% | ||
| ROE | 30.4% | ||
| ROIC | 19.3% |
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
With an excellent Profit Margin value of 12.32%, KOG belongs to the best of the industry, outperforming 89.13% of the companies in the same industry.
In the last couple of years the Profit Margin of KOG has grown nicely.
Looking at the Operating Margin, with a value of 13.55%, KOG belongs to the top of the industry, outperforming 80.43% of the companies in the same industry.
KOG's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 61.15%, KOG belongs to the top of the industry, outperforming 89.13% 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 | 13.55% | ||
| PM (TTM) | 12.32% | ||
| GM | 61.15% |
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.
The number of shares outstanding for KOG remains at a similar level compared to 1 year ago.
KOG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, KOG has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.23 indicates that KOG is not a great score, but indicates only limited risk for bankruptcy at the moment.
KOG has a Altman-Z score (2.23) which is in line with its industry peers.
KOG has a debt to FCF ratio of 0.40. This is a very positive value and a sign of high solvency as it would only need 0.40 years to pay back of all of its debts.
The Debt to FCF ratio of KOG (0.40) is better than 97.83% of its industry peers.
KOG has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.23, KOG belongs to the best of the industry, outperforming 82.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 0.4 | ||
| Altman-Z | 2.23 |
ROIC/WACC2.17
WACC8.88%
2.3 Liquidity
A Current Ratio of 1.15 indicates that KOG should not have too much problems paying its short term obligations.
KOG's Current ratio of 1.15 is on the low side compared to the rest of the industry. KOG is outperformed by 63.04% of its industry peers.
A Quick Ratio of 0.98 indicates that KOG may have some problems paying its short term obligations.
KOG's Quick ratio of 0.98 is fine compared to the rest of the industry. KOG outperforms 76.09% of its industry peers.
KOG does not score too well on the current and quick ratio evaluation. However, as it has 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 | 1.15 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
KOG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 53.83%, which is quite impressive.
Measured over the past years, KOG shows a very strong growth in Earnings Per Share. The EPS has been growing by 49.13% on average per year.
KOG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.66%.
KOG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.02% yearly.
EPS 1Y (TTM)53.83%
EPS 3Y33.93%
EPS 5Y49.13%
EPS Q2Q%103.46%
Revenue 1Y (TTM)18.66%
Revenue growth 3Y21.2%
Revenue growth 5Y16.02%
Sales Q2Q%18.55%
3.2 Future
The Earnings Per Share is expected to decrease by -15.27% on average over the next years. This is quite bad
Based on estimates for the next years, KOG will show a quite strong growth in Revenue. The Revenue will grow by 13.53% on average per year.
EPS Next Y26.86%
EPS Next 2Y22.54%
EPS Next 3Y20.06%
EPS Next 5Y-15.27%
Revenue Next Year20.06%
Revenue Next 2Y17.06%
Revenue Next 3Y15.66%
Revenue Next 5Y13.53%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
The Price/Earnings ratio is 11.04, which indicates a very decent valuation of KOG.
100.00% of the companies in the same industry are more expensive than KOG, based on the Price/Earnings ratio.
KOG is valuated cheaply when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 9.01, the valuation of KOG can be described as reasonable.
97.83% of the companies in the same industry are more expensive than KOG, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.19. KOG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 9.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KOG is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, KOG is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.36 | ||
| EV/EBITDA | 6.66 |
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 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)0.41
PEG (5Y)0.22
EPS Next 2Y22.54%
EPS Next 3Y20.06%
5. Dividend
5.1 Amount
KOG has a Yearly Dividend Yield of 1.13%. Purely for dividend investing, there may be better candidates out there.
The stock price of KOG dropped by -74.91% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
KOG's Dividend Yield is a higher than the industry average which is at 1.27.
Compared to an average S&P500 Dividend Yield of 2.42, KOG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
5.2 History
The dividend of KOG has a limited annual growth rate of 2.29%.
Dividend Growth(5Y)2.29%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
39.19% of the earnings are spent on dividend by KOG. This is a low number and sustainable payout ratio.
DP39.19%
EPS Next 2Y22.54%
EPS Next 3Y20.06%
OSL:KOG (6/20/2025, 7:00:00 PM)
394.4
+6.45 (+1.66%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners22.89%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap69.38B
Analysts46.67
Price Target304.95 (-22.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
Yearly Dividend2.8
Dividend Growth(5Y)2.29%
DP39.19%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)23.87%
Min EPS beat(2)-6.55%
Max EPS beat(2)54.3%
EPS beat(4)2
Avg EPS beat(4)18.94%
Min EPS beat(4)-6.55%
Max EPS beat(4)54.3%
EPS beat(8)6
Avg EPS beat(8)13.21%
EPS beat(12)9
Avg EPS beat(12)14.47%
EPS beat(16)12
Avg EPS beat(16)9.99%
Revenue beat(2)2
Avg Revenue beat(2)1.74%
Min Revenue beat(2)1.36%
Max Revenue beat(2)2.13%
Revenue beat(4)3
Avg Revenue beat(4)1.4%
Min Revenue beat(4)-0.11%
Max Revenue beat(4)2.21%
Revenue beat(8)7
Avg Revenue beat(8)2.73%
Revenue beat(12)10
Avg Revenue beat(12)2.91%
Revenue beat(16)12
Avg Revenue beat(16)1.45%
PT rev (1m)5.06%
PT rev (3m)6.62%
EPS NQ rev (1m)2.21%
EPS NQ rev (3m)2.11%
EPS NY rev (1m)0%
EPS NY rev (3m)0.34%
Revenue NQ rev (1m)2.4%
Revenue NQ rev (3m)5.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 9.01 | ||
| P/S | 1.36 | ||
| P/FCF | 5.36 | ||
| P/OCF | 4.75 | ||
| P/B | 3.36 | ||
| P/tB | 4.85 | ||
| EV/EBITDA | 6.66 |
EPS(TTM)35.72
EY9.06%
EPS(NY)43.76
Fwd EY11.1%
FCF(TTM)73.53
FCFY18.64%
OCF(TTM)83.07
OCFY21.06%
SpS289.88
BVpS117.49
TBVpS81.29
PEG (NY)0.41
PEG (5Y)0.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.79% | ||
| ROE | 30.4% | ||
| ROCE | 24.94% | ||
| ROIC | 19.3% | ||
| ROICexc | 46.34% | ||
| ROICexgc | 101.11% | ||
| OM | 13.55% | ||
| PM (TTM) | 12.32% | ||
| GM | 61.15% | ||
| FCFM | 25.36% |
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 Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 0.4 | ||
| Debt/EBITDA | 0.55 | ||
| Cap/Depr | 107.36% | ||
| Cap/Sales | 3.29% | ||
| Interest Coverage | 25.22 | ||
| Cash Conversion | 172.45% | ||
| Profit Quality | 205.84% | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 2.23 |
F-Score6
WACC8.88%
ROIC/WACC2.17
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)53.83%
EPS 3Y33.93%
EPS 5Y49.13%
EPS Q2Q%103.46%
EPS Next Y26.86%
EPS Next 2Y22.54%
EPS Next 3Y20.06%
EPS Next 5Y-15.27%
Revenue 1Y (TTM)18.66%
Revenue growth 3Y21.2%
Revenue growth 5Y16.02%
Sales Q2Q%18.55%
Revenue Next Year20.06%
Revenue Next 2Y17.06%
Revenue Next 3Y15.66%
Revenue Next 5Y13.53%
EBIT growth 1Y35.91%
EBIT growth 3Y31.46%
EBIT growth 5Y44.2%
EBIT Next Year52.24%
EBIT Next 3Y27.66%
EBIT Next 5Y21.61%
FCF growth 1Y1949.92%
FCF growth 3Y39.61%
FCF growth 5Y54.94%
OCF growth 1Y884.7%
OCF growth 3Y40.36%
OCF growth 5Y48.82%