KONGSBERG GRUPPEN ASA (KOG.OL) Stock Fundamental Analysis
OSL:KOG - Euronext Oslo - NO0003043309 - Common Stock - Currency: NOK
KOG gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 43 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 shows excellent growth, but is valued quite expensive already. 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.
In the past year KOG had a positive cash flow from operations.
Each year in the past 5 years KOG has been profitable.
KOG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KOG has a better Return On Assets (8.79%) than 95.35% of its industry peers.
KOG's Return On Equity of 30.40% is amongst the best of the industry. KOG outperforms 93.02% of its industry peers.
Looking at the Return On Invested Capital, with a value of 19.30%, KOG belongs to the top of the industry, outperforming 97.67% 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 9.16%.
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
KOG has a better Profit Margin (12.32%) than 88.37% of its industry peers.
In the last couple of years the Profit Margin of KOG has grown nicely.
With a decent Operating Margin value of 13.55%, KOG is doing good in the industry, outperforming 76.74% 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 86.05% of the companies in the same industry.
KOG's Gross Margin has been stable in the last couple of years.
| 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.
KOG has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, KOG has less shares outstanding
The debt/assets ratio for KOG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.02 indicates that KOG is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.02, KOG belongs to the top of the industry, outperforming 88.37% of the companies in the same industry.
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.
With an excellent Debt to FCF ratio value of 0.40, KOG belongs to the best of the industry, outperforming 97.67% of the companies in the same industry.
A Debt/Equity ratio of 0.23 indicates that KOG is not too dependend on debt financing.
The Debt to Equity ratio of KOG (0.23) is better than 86.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 0.4 | ||
| Altman-Z | 5.02 |
ROIC/WACC2.23
WACC8.65%
2.3 Liquidity
KOG has a Current Ratio of 1.15. This is a normal value and indicates that KOG is financially healthy and should not expect problems in meeting 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 60.47% of its industry peers.
KOG has a Quick Ratio of 1.15. This is a bad value and indicates that KOG is not financially healthy enough and could expect problems in meeting its short term obligations.
KOG has a better Quick ratio (0.98) than 81.40% 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
The Earnings Per Share has grown by an impressive 53.83% over the past year.
KOG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.13% yearly.
Looking at the last year, KOG shows a quite strong growth in Revenue. The Revenue has grown by 18.66% in the last year.
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)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 grow by 16.97% on average over the next years. This is quite good.
The Revenue is expected to grow by 13.15% on average over the next years. This is quite good.
EPS Next Y26.86%
EPS Next 2Y22.54%
EPS Next 3Y20.06%
EPS Next 5Y16.97%
Revenue Next Year20.06%
Revenue Next 2Y17.06%
Revenue Next 3Y15.66%
Revenue Next 5Y13.15%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
A Price/Earnings ratio of 48.52 indicates a quite expensive valuation of KOG.
Compared to the rest of the industry, the Price/Earnings ratio of KOG is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 25.82, KOG is valued quite expensively.
Based on the Price/Forward Earnings ratio of 39.60, the valuation of KOG can be described as expensive.
Based on the Price/Forward Earnings ratio, KOG is valued a bit more expensive than 67.44% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of KOG to the average of the S&P500 Index (21.76), we can say KOG is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.52 | ||
| Fwd PE | 39.6 |
4.2 Price Multiples
KOG's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. KOG is more expensive than 74.42% of the companies in the same industry.
81.40% of the companies in the same industry are more expensive than KOG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.57 | ||
| EV/EBITDA | 34.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
KOG has an outstanding profitability rating, which 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)1.81
PEG (5Y)0.99
EPS Next 2Y22.54%
EPS Next 3Y20.06%
5. Dividend
5.1 Amount
KOG has a Yearly Dividend Yield of 1.26%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.30, KOG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, KOG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
5.2 History
On average, the dividend of KOG grows each year by 41.14%, which is quite nice.
Dividend Growth(5Y)41.14%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
KOG pays out 39.19% of its income as dividend. This is a sustainable payout ratio.
KOG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.19%
EPS Next 2Y22.54%
EPS Next 3Y20.06%
OSL:KOG (5/23/2025, 7:00:00 PM)
1733
+2.5 (+0.14%)
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 Cap304.87B
Analysts49.33
Price Target1284.33 (-25.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
Yearly Dividend14
Dividend Growth(5Y)41.14%
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)1.73%
PT rev (3m)1.48%
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)0.33%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.52 | ||
| Fwd PE | 39.6 | ||
| P/S | 5.98 | ||
| P/FCF | 23.57 | ||
| P/OCF | 20.86 | ||
| P/B | 14.75 | ||
| P/tB | 21.32 | ||
| EV/EBITDA | 34.58 |
EPS(TTM)35.72
EY2.06%
EPS(NY)43.76
Fwd EY2.53%
FCF(TTM)73.53
FCFY4.24%
OCF(TTM)83.07
OCFY4.79%
SpS289.88
BVpS117.49
TBVpS81.29
PEG (NY)1.81
PEG (5Y)0.99
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 | 5.02 |
F-Score6
WACC8.65%
ROIC/WACC2.23
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 5Y16.97%
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 5Y13.15%
EBIT growth 1Y35.91%
EBIT growth 3Y31.46%
EBIT growth 5Y44.2%
EBIT Next Year52.24%
EBIT Next 3Y27.66%
EBIT Next 5Y21.41%
FCF growth 1Y1949.92%
FCF growth 3Y39.61%
FCF growth 5Y54.94%
OCF growth 1Y884.7%
OCF growth 3Y40.36%
OCF growth 5Y48.82%