KONGSBERG GRUPPEN ASA (KOG.OL) Stock Fundamental Analysis
OSL:KOG - NO0013536151 - Common Stock
295 NOK
+1.85 (+0.63%)
We assign a fundamental rating of 7 out of 10 to KOG. KOG was compared to 46 industry peers in the Aerospace & Defense industry. Both the health and profitability get an excellent rating, making KOG a very profitable company, without any liquidiy or solvency issues. KOG is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make KOG a good candidate 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.
Each year in the past 5 years KOG had a positive operating cash flow.
1.2 Ratios
KOG has a Return On Assets of 9.28%. This is amongst the best in the industry. KOG outperforms 93.48% of its industry peers.
KOG has a better Return On Equity (36.56%) than 91.30% of its industry peers.
KOG has a Return On Invested Capital of 21.83%. This is amongst the best in the industry. KOG outperforms 97.83% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KOG is significantly above the industry average of 9.36%.
The 3 year average ROIC (16.43%) for KOG is below the current ROIC(21.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.28% | ||
| ROE | 36.56% | ||
| ROIC | 21.83% |
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 12.63%, KOG belongs to the best of the industry, outperforming 89.13% of the companies in the same industry.
KOG's Profit Margin has improved in the last couple of years.
KOG's Operating Margin of 13.58% is amongst the best of the industry. KOG outperforms 80.43% of its industry peers.
In the last couple of years the Operating Margin of KOG has grown nicely.
With an excellent Gross Margin value of 58.67%, KOG belongs to the best of the industry, outperforming 86.96% 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 | 13.58% | ||
| PM (TTM) | 12.63% | ||
| GM | 58.67% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so KOG is creating value.
The number of shares outstanding for KOG remains at a similar level compared to 1 year ago.
The number of shares outstanding for KOG has been reduced compared to 5 years ago.
The debt/assets ratio for KOG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.22 indicates that KOG is not in any danger for bankruptcy at the moment.
KOG has a better Altman-Z score (4.22) than 80.43% of its industry peers.
The Debt to FCF ratio of KOG is 0.47, which is an excellent value as it means it would take KOG, only 0.47 years of fcf income to pay off all of its debts.
KOG has a better Debt to FCF ratio (0.47) than 95.65% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that KOG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.26, KOG belongs to the top of the industry, outperforming 80.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.47 | ||
| Altman-Z | 4.22 |
ROIC/WACC2.58
WACC8.46%
2.3 Liquidity
KOG has a Current Ratio of 1.06. 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 (1.06) than 65.22% of its industry peers.
A Quick Ratio of 0.91 indicates that KOG may have some problems paying its short term obligations.
The Quick ratio of KOG (0.91) is better than 65.22% of its industry peers.
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 | 1.06 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 48.97% over the past year.
The Earnings Per Share has been growing by 49.13% on average over the past years. This is a very strong growth
Looking at the last year, KOG shows a quite strong growth in Revenue. The Revenue has grown by 18.23% in the last year.
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)48.97%
EPS 3Y33.93%
EPS 5Y49.13%
EPS Q2Q%36.23%
Revenue 1Y (TTM)18.23%
Revenue growth 3Y21.2%
Revenue growth 5Y16.02%
Sales Q2Q%18.57%
3.2 Future
KOG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.14% yearly.
KOG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.90% yearly.
EPS Next Y43.89%
EPS Next 2Y25.72%
EPS Next 3Y22.17%
EPS Next 5Y16.14%
Revenue Next Year23.43%
Revenue Next 2Y19.86%
Revenue Next 3Y17.31%
Revenue Next 5Y12.9%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 38.61, the valuation of KOG can be described as expensive.
KOG's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of KOG to the average of the S&P500 Index (27.24), we can say KOG is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 32.02, the valuation of KOG can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KOG is on the same level as its industry peers.
KOG's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 35.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.61 | ||
| Fwd PE | 32.02 |
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 60.87% of the companies listed in the same industry.
KOG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. KOG is cheaper than 80.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.96 | ||
| EV/EBITDA | 28.01 |
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 22.17% in the coming years.
PEG (NY)0.88
PEG (5Y)0.79
EPS Next 2Y25.72%
EPS Next 3Y22.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.47%, KOG has a reasonable but not impressive dividend return.
In the last 3 months the price of KOG has falen by -82.98%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
KOG's Dividend Yield is a higher than the industry average which is at 1.15.
Compared to the average S&P500 Dividend Yield of 2.36, KOG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
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
KOG pays out 45.21% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of KOG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP45.21%
EPS Next 2Y25.72%
EPS Next 3Y22.17%
OSL:KOG (8/22/2025, 4:26:15 PM)
295
+1.85 (+0.63%)
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 Cap259.48B
Analysts46.67
Price Target327.27 (10.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
Yearly Dividend2.8
Dividend Growth(5Y)2.29%
DP45.21%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)28.41%
Min EPS beat(2)2.52%
Max EPS beat(2)54.3%
EPS beat(4)2
Avg EPS beat(4)12.31%
Min EPS beat(4)-6.55%
Max EPS beat(4)54.3%
EPS beat(8)6
Avg EPS beat(8)13.14%
EPS beat(12)10
Avg EPS beat(12)15.25%
EPS beat(16)12
Avg EPS beat(16)9.13%
Revenue beat(2)1
Avg Revenue beat(2)-0.63%
Min Revenue beat(2)-2.62%
Max Revenue beat(2)1.36%
Revenue beat(4)2
Avg Revenue beat(4)0.19%
Min Revenue beat(4)-2.62%
Max Revenue beat(4)2.13%
Revenue beat(8)6
Avg Revenue beat(8)1.85%
Revenue beat(12)10
Avg Revenue beat(12)2.82%
Revenue beat(16)11
Avg Revenue beat(16)1.23%
PT rev (1m)7.32%
PT rev (3m)-74.52%
EPS NQ rev (1m)-2.7%
EPS NQ rev (3m)-80.7%
EPS NY rev (1m)0%
EPS NY rev (3m)-77.32%
Revenue NQ rev (1m)-2.92%
Revenue NQ rev (3m)-2.73%
Revenue NY rev (1m)2.81%
Revenue NY rev (3m)2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.61 | ||
| Fwd PE | 32.02 | ||
| P/S | 4.88 | ||
| P/FCF | 22.96 | ||
| P/OCF | 20.02 | ||
| P/B | 14.13 | ||
| P/tB | 21.64 | ||
| EV/EBITDA | 28.01 |
EPS(TTM)7.64
EY2.59%
EPS(NY)9.21
Fwd EY3.12%
FCF(TTM)12.85
FCFY4.36%
OCF(TTM)14.74
OCFY5%
SpS60.42
BVpS20.87
TBVpS13.63
PEG (NY)0.88
PEG (5Y)0.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.28% | ||
| ROE | 36.56% | ||
| ROCE | 29.49% | ||
| ROIC | 21.83% | ||
| ROICexc | 48.75% | ||
| ROICexgc | 107.33% | ||
| OM | 13.58% | ||
| PM (TTM) | 12.63% | ||
| GM | 58.67% | ||
| FCFM | 21.26% |
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 Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.47 | ||
| Debt/EBITDA | 0.55 | ||
| Cap/Depr | 103.43% | ||
| Cap/Sales | 3.13% | ||
| Interest Coverage | 23.29 | ||
| Cash Conversion | 146.88% | ||
| Profit Quality | 168.35% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 4.22 |
F-Score6
WACC8.46%
ROIC/WACC2.58
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)48.97%
EPS 3Y33.93%
EPS 5Y49.13%
EPS Q2Q%36.23%
EPS Next Y43.89%
EPS Next 2Y25.72%
EPS Next 3Y22.17%
EPS Next 5Y16.14%
Revenue 1Y (TTM)18.23%
Revenue growth 3Y21.2%
Revenue growth 5Y16.02%
Sales Q2Q%18.57%
Revenue Next Year23.43%
Revenue Next 2Y19.86%
Revenue Next 3Y17.31%
Revenue Next 5Y12.9%
EBIT growth 1Y31.28%
EBIT growth 3Y31.46%
EBIT growth 5Y44.2%
EBIT Next Year52.24%
EBIT Next 3Y27.66%
EBIT Next 5Y21.14%
FCF growth 1Y638.15%
FCF growth 3Y39.61%
FCF growth 5Y54.94%
OCF growth 1Y372.55%
OCF growth 3Y40.36%
OCF growth 5Y48.82%