Logo image of NKR.OL

NEKKAR ASA (NKR.OL) Stock Fundamental Analysis

OSL:NKR - Euronext Oslo - NO0003049405 - Common Stock - Currency: NOK

10.15  +0.05 (+0.5%)

Fundamental Rating

6

NKR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 110 industry peers in the Machinery industry. Both the health and profitability get an excellent rating, making NKR a very profitable company, without any liquidiy or solvency issues. NKR has a correct valuation and a medium growth rate. These ratings could make NKR a good candidate for quality investing.


Dividend Valuation Growth Profitability Health

Quickly go to:

8

1. Profitability

1.1 Basic Checks

NKR had positive earnings in the past year.
In the past year NKR had a positive cash flow from operations.
Of the past 5 years NKR 4 years were profitable.
Of the past 5 years NKR 4 years had a positive operating cash flow.
NKR.OL Yearly Net Income VS EBIT VS OCF VS FCFNKR.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100M -100M

1.2 Ratios

NKR's Return On Assets of 12.57% is amongst the best of the industry. NKR outperforms 94.55% of its industry peers.
With an excellent Return On Equity value of 19.22%, NKR belongs to the best of the industry, outperforming 88.18% of the companies in the same industry.
NKR has a Return On Invested Capital of 16.09%. This is amongst the best in the industry. NKR outperforms 92.73% of its industry peers.
NKR had an Average Return On Invested Capital over the past 3 years of 20.40%. This is significantly above the industry average of 8.45%.
The 3 year average ROIC (20.40%) for NKR is well above the current ROIC(16.09%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 12.57%
ROE 19.22%
ROIC 16.09%
ROA(3y)14.74%
ROA(5y)17.02%
ROE(3y)22.28%
ROE(5y)27.63%
ROIC(3y)20.4%
ROIC(5y)19.87%
NKR.OL Yearly ROA, ROE, ROICNKR.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 60 80

1.3 Margins

NKR's Profit Margin of 14.13% is amongst the best of the industry. NKR outperforms 91.82% of its industry peers.
Looking at the Operating Margin, with a value of 17.58%, NKR belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
In the last couple of years the Operating Margin of NKR has grown nicely.
NKR's Gross Margin of 47.05% is fine compared to the rest of the industry. NKR outperforms 61.82% of its industry peers.
In the last couple of years the Gross Margin of NKR has grown nicely.
Industry RankSector Rank
OM 17.58%
PM (TTM) 14.13%
GM 47.05%
OM growth 3Y-5.4%
OM growth 5Y20.7%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.64%
GM growth 5Y5.8%
NKR.OL Yearly Profit, Operating, Gross MarginsNKR.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 -40 60

More info and screens

7

2. Health

2.1 Basic Checks

NKR has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
NKR has less shares outstanding than it did 1 year ago.
NKR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NKR is higher compared to a year ago.
NKR.OL Yearly Shares OutstandingNKR.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
NKR.OL Yearly Total Debt VS Total AssetsNKR.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B

2.2 Solvency

The Debt to FCF ratio of NKR is 0.35, which is an excellent value as it means it would take NKR, only 0.35 years of fcf income to pay off all of its debts.
NKR has a Debt to FCF ratio of 0.35. This is amongst the best in the industry. NKR outperforms 97.27% of its industry peers.
NKR has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of NKR (0.02) is better than 96.36% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.35
Altman-Z N/A
ROIC/WACC1.89
WACC8.5%
NKR.OL Yearly LT Debt VS Equity VS FCFNKR.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M 400M 600M

2.3 Liquidity

NKR has a Current Ratio of 3.01. This indicates that NKR is financially healthy and has no problem in meeting its short term obligations.
NKR has a Current ratio of 3.01. This is amongst the best in the industry. NKR outperforms 86.36% of its industry peers.
A Quick Ratio of 2.90 indicates that NKR has no problem at all paying its short term obligations.
The Quick ratio of NKR (2.90) is better than 93.64% of its industry peers.
Industry RankSector Rank
Current Ratio 3.01
Quick Ratio 2.9
NKR.OL Yearly Current Assets VS Current LiabilitesNKR.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

More info and screens

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 160.00% over the past year.
The Revenue has grown by 48.41% in the past year. This is a very strong growth!
Measured over the past years, NKR shows a very strong growth in Revenue. The Revenue has been growing by 21.15% on average per year.
EPS 1Y (TTM)160%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-3.45%
Revenue 1Y (TTM)48.41%
Revenue growth 3Y16.96%
Revenue growth 5Y21.15%
Sales Q2Q%29.21%

3.2 Future

The Earnings Per Share is expected to grow by 7.95% on average over the next years.
NKR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.73% yearly.
EPS Next Y3.59%
EPS Next 2Y7.95%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.2%
Revenue Next 2Y13.54%
Revenue Next 3YN/A
Revenue Next 5Y11.73%

3.3 Evolution

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
NKR.OL Yearly Revenue VS EstimatesNKR.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2027 1B 2B 3B
NKR.OL Yearly EPS VS EstimatesNKR.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2024 2025 0 0.5 -0.5 -1

More info and screens

5

4. Valuation

4.1 Price/Earnings Ratio

NKR is valuated correctly with a Price/Earnings ratio of 13.01.
Based on the Price/Earnings ratio, NKR is valued a bit cheaper than the industry average as 70.91% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.25, NKR is valued rather cheaply.
A Price/Forward Earnings ratio of 11.17 indicates a reasonable valuation of NKR.
Based on the Price/Forward Earnings ratio, NKR is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
NKR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.15.
Industry RankSector Rank
PE 13.01
Fwd PE 11.17
NKR.OL Price Earnings VS Forward Price EarningsNKR.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NKR is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as NKR.
Industry RankSector Rank
P/FCF 30.22
EV/EBITDA 7.92
NKR.OL Per share dataNKR.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4 5

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
NKR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.62
PEG (5Y)N/A
EPS Next 2Y7.95%
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

NKR does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

NEKKAR ASA

OSL:NKR (5/30/2025, 7:00:00 PM)

10.15

+0.05 (+0.5%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners7.81%
Inst Owner ChangeN/A
Ins Owners1.48%
Ins Owner ChangeN/A
Market Cap1.09B
AnalystsN/A
Price Target16.32 (60.79%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 13.01
Fwd PE 11.17
P/S 1.9
P/FCF 30.22
P/OCF 20.5
P/B 2.58
P/tB 3.16
EV/EBITDA 7.92
EPS(TTM)0.78
EY7.68%
EPS(NY)0.91
Fwd EY8.96%
FCF(TTM)0.34
FCFY3.31%
OCF(TTM)0.5
OCFY4.88%
SpS5.35
BVpS3.93
TBVpS3.22
PEG (NY)3.62
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 12.57%
ROE 19.22%
ROCE 21.06%
ROIC 16.09%
ROICexc 30.5%
ROICexgc 43.86%
OM 17.58%
PM (TTM) 14.13%
GM 47.05%
FCFM 6.27%
ROA(3y)14.74%
ROA(5y)17.02%
ROE(3y)22.28%
ROE(5y)27.63%
ROIC(3y)20.4%
ROIC(5y)19.87%
ROICexc(3y)41.61%
ROICexc(5y)N/A
ROICexgc(3y)66.18%
ROICexgc(5y)N/A
ROCE(3y)26.7%
ROCE(5y)26%
ROICexcg growth 3YN/A
ROICexcg growth 5Y54.05%
ROICexc growth 3YN/A
ROICexc growth 5Y45.78%
OM growth 3Y-5.4%
OM growth 5Y20.7%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.64%
GM growth 5Y5.8%
F-Score7
Asset Turnover0.89
Health
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.35
Debt/EBITDA 0.07
Cap/Depr 192.79%
Cap/Sales 2.98%
Interest Coverage 250
Cash Conversion 48.39%
Profit Quality 44.41%
Current Ratio 3.01
Quick Ratio 2.9
Altman-Z N/A
F-Score7
WACC8.5%
ROIC/WACC1.89
Cap/Depr(3y)309.21%
Cap/Depr(5y)361.51%
Cap/Sales(3y)4.87%
Cap/Sales(5y)4.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)160%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-3.45%
EPS Next Y3.59%
EPS Next 2Y7.95%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)48.41%
Revenue growth 3Y16.96%
Revenue growth 5Y21.15%
Sales Q2Q%29.21%
Revenue Next Year5.2%
Revenue Next 2Y13.54%
Revenue Next 3YN/A
Revenue Next 5Y11.73%
EBIT growth 1Y77.87%
EBIT growth 3Y10.64%
EBIT growth 5Y46.24%
EBIT Next Year-14.06%
EBIT Next 3YN/A
EBIT Next 5Y16.78%
FCF growth 1Y278.63%
FCF growth 3Y-20.98%
FCF growth 5Y-13.91%
OCF growth 1Y543.6%
OCF growth 3Y-15.69%
OCF growth 5Y-9.82%