KONGSBERG GRUPPEN ASA (KOG.OL) Stock Fundamental Analysis
OSL:KOG - Euronext Oslo - NO0013536151 - Common Stock - Currency: NOK
We assign a fundamental rating of 7 out of 10 to KOG. KOG was compared to 45 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 not priced too expensively while it is growing strongly. Keep and eye on this one! This makes KOG very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year KOG was profitable.
In the past year KOG had a positive cash flow from operations.
KOG had positive earnings in each of the past 5 years.
KOG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KOG's Return On Assets of 9.28% is amongst the best of the industry. KOG outperforms 93.33% of its industry peers.
Looking at the Return On Equity, with a value of 36.56%, KOG belongs to the top of the industry, outperforming 97.78% of the companies in the same industry.
KOG has a better Return On Invested Capital (21.83%) than 97.78% 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 8.98%.
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
Looking at the Profit Margin, with a value of 12.63%, KOG belongs to the top of the industry, outperforming 86.67% 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 13.58%, KOG is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
KOG's Operating Margin has improved in the last couple of years.
The Gross Margin of KOG (58.67%) is better than 86.67% of its industry peers.
KOG's Gross Margin has been stable in the last couple of years.
| 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
KOG has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, KOG has about the same amount of shares outstanding.
KOG has less 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 4.46 indicates that KOG is not in any danger for bankruptcy at the moment.
KOG's Altman-Z score of 4.46 is fine compared to the rest of the industry. KOG outperforms 80.00% 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's Debt to FCF ratio of 0.47 is amongst the best of the industry. KOG outperforms 95.56% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that KOG is not too dependend on debt financing.
KOG has a Debt to Equity ratio of 0.26. This is in the better half of the industry: KOG outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.47 | ||
| Altman-Z | 4.46 |
ROIC/WACC2.53
WACC8.64%
2.3 Liquidity
A Current Ratio of 1.06 indicates that KOG should not have too much problems paying its short term obligations.
KOG has a Current ratio of 1.06. This is in the lower half of the industry: KOG underperforms 73.33% of its industry peers.
A Quick Ratio of 0.91 indicates that KOG may have some problems paying its short term obligations.
KOG's Quick ratio of 0.91 is fine compared to the rest of the industry. KOG outperforms 64.44% 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 | 1.06 | ||
| Quick Ratio | 0.91 |
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 18.23% in the past year. This is quite good.
The Revenue has been growing by 16.02% on average over the past years. This is quite good.
EPS 1Y (TTM)38.3%
EPS 3Y33.93%
EPS 5Y49.13%
EPS Q2Q%37.04%
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 17.94% yearly.
Based on estimates for the next years, KOG will show a quite strong growth in Revenue. The Revenue will grow by 14.72% on average per year.
EPS Next Y43.89%
EPS Next 2Y25.72%
EPS Next 3Y22.17%
EPS Next 5Y17.94%
Revenue Next Year20.06%
Revenue Next 2Y17.06%
Revenue Next 3Y15.66%
Revenue Next 5Y14.72%
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 55.07, the valuation of KOG can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of KOG is on the same level as its industry peers.
When comparing the Price/Earnings ratio of KOG to the average of the S&P500 Index (27.48), we can say KOG is valued expensively.
A Price/Forward Earnings ratio of 34.85 indicates a quite expensive valuation of KOG.
KOG's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of KOG to the average of the S&P500 Index (36.52), we can say KOG is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.07 | ||
| Fwd PE | 34.85 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KOG is valued a bit more expensive than the industry average as 62.22% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KOG indicates a somewhat cheap valuation: KOG is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.99 | ||
| EV/EBITDA | 30.5 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of KOG may justify a higher PE ratio.
KOG's earnings are expected to grow with 22.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.25
PEG (5Y)1.12
EPS Next 2Y25.72%
EPS Next 3Y22.17%
5. Dividend
5.1 Amount
KOG has a Yearly Dividend Yield of 1.35%. Purely for dividend investing, there may be better candidates out there.
The stock price of KOG dropped by -80.22% 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.
Compared to an average industry Dividend Yield of 1.09, KOG pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.35, KOG pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
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 (7/18/2025, 4:25:30 PM)
321.05
+2.95 (+0.93%)
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 Cap282.40B
Analysts48
Price Target304.95 (-5.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.82%
Min Revenue beat(2)-3%
Max Revenue beat(2)1.36%
Revenue beat(4)2
Avg Revenue beat(4)0.09%
Min Revenue beat(4)-3%
Max Revenue beat(4)2.13%
Revenue beat(8)6
Avg Revenue beat(8)1.8%
Revenue beat(12)10
Avg Revenue beat(12)2.79%
Revenue beat(16)11
Avg Revenue beat(16)1.2%
PT rev (1m)-77.4%
PT rev (3m)-75.84%
EPS NQ rev (1m)-80.16%
EPS NQ rev (3m)-80.16%
EPS NY rev (1m)-77.32%
EPS NY rev (3m)-77.26%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.07 | ||
| Fwd PE | 34.85 | ||
| P/S | 5.31 | ||
| P/FCF | 24.99 | ||
| P/OCF | 21.79 | ||
| P/B | 15.38 | ||
| P/tB | 23.55 | ||
| EV/EBITDA | 30.5 |
EPS(TTM)5.83
EY1.82%
EPS(NY)9.21
Fwd EY2.87%
FCF(TTM)12.85
FCFY4%
OCF(TTM)14.74
OCFY4.59%
SpS60.42
BVpS20.87
TBVpS13.63
PEG (NY)1.25
PEG (5Y)1.12
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 | 4.46 |
F-Score6
WACC8.64%
ROIC/WACC2.53
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%37.04%
EPS Next Y43.89%
EPS Next 2Y25.72%
EPS Next 3Y22.17%
EPS Next 5Y17.94%
Revenue 1Y (TTM)18.23%
Revenue growth 3Y21.2%
Revenue growth 5Y16.02%
Sales Q2Q%18.57%
Revenue Next Year20.06%
Revenue Next 2Y17.06%
Revenue Next 3Y15.66%
Revenue Next 5Y14.72%
EBIT growth 1Y31.28%
EBIT growth 3Y31.46%
EBIT growth 5Y44.2%
EBIT Next Year52.24%
EBIT Next 3Y27.66%
EBIT Next 5Y22.89%
FCF growth 1Y638.15%
FCF growth 3Y39.61%
FCF growth 5Y54.94%
OCF growth 1Y372.55%
OCF growth 3Y40.36%
OCF growth 5Y48.82%