KONGSBERG GRUPPEN ASA (KOG.OL) Stock Fundamental Analysis
OSL:KOG - Euronext Oslo - NO0003043309 - Common Stock - Currency: NOK
We assign a fundamental rating of 6 out of 10 to KOG. KOG was compared to 38 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 shows excellent growth, but is valued quite expensive already. With these ratings, KOG could be worth investigating further for growth 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.
In the past 5 years KOG has always 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 (9.23%) than 97.37% of its industry peers.
KOG has a better Return On Equity (32.46%) than 92.11% of its industry peers.
KOG has a Return On Invested Capital of 22.81%. This is amongst the best in the industry. KOG outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.23% | ||
| ROE | 32.46% | ||
| ROIC | 22.81% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
KOG has a better Profit Margin (10.49%) than 89.47% of its industry peers.
KOG's Profit Margin has improved in the last couple of years.
KOG's Operating Margin of 13.36% is amongst the best of the industry. KOG outperforms 81.58% of its industry peers.
In the last couple of years the Operating Margin of KOG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.36% | ||
| PM (TTM) | 10.49% | ||
| GM | N/A |
OM growth 3Y8.47%
OM growth 5Y24.29%
PM growth 3Y10.07%
PM growth 5Y28.31%
GM growth 3YN/A
GM growth 5YN/A
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 no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
KOG has an Altman-Z score of 5.73. This indicates that KOG is financially healthy and has little risk of bankruptcy at the moment.
KOG has a Altman-Z score of 5.73. This is amongst the best in the industry. KOG outperforms 100.00% of its industry peers.
KOG has a debt to FCF ratio of 0.38. This is a very positive value and a sign of high solvency as it would only need 0.38 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.38, KOG belongs to the top of the industry, outperforming 97.37% of the companies in the same industry.
A Debt/Equity ratio of 0.27 indicates that KOG is not too dependend on debt financing.
The Debt to Equity ratio of KOG (0.27) is better than 86.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.38 | ||
| Altman-Z | 5.73 |
ROIC/WACC2.64
WACC8.63%
2.3 Liquidity
KOG has a Current Ratio of 1.10. 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 Current ratio of 1.10. This is comparable to the rest of the industry: KOG outperforms 47.37% of its industry peers.
KOG has a Quick Ratio of 1.10. 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 Quick ratio of 0.89. This is in the better half of the industry: KOG outperforms 76.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
KOG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.42%, which is quite impressive.
The Earnings Per Share has been growing by 49.67% on average over the past years. This is a very strong growth
The Revenue has grown by 20.32% in the past year. This is a very strong growth!
The Revenue has been growing by 16.02% on average over the past years. This is quite good.
EPS 1Y (TTM)38.42%
EPS 3Y34.19%
EPS 5Y49.67%
EPS Q2Q%26.24%
Revenue 1Y (TTM)20.32%
Revenue growth 3Y21.2%
Revenue growth 5Y16.02%
Sales Q2Q%16.53%
3.2 Future
Based on estimates for the next years, KOG will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.14% on average per year.
Based on estimates for the next years, KOG will show a quite strong growth in Revenue. The Revenue will grow by 11.73% on average per year.
EPS Next Y24.91%
EPS Next 2Y21.4%
EPS Next 3Y18.49%
EPS Next 5Y15.14%
Revenue Next Year19.46%
Revenue Next 2Y16.69%
Revenue Next 3Y15.21%
Revenue Next 5Y11.73%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 53.48, which means the current valuation is very expensive for 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 29.35, KOG is valued quite expensively.
A Price/Forward Earnings ratio of 42.34 indicates a quite expensive valuation of KOG.
78.95% of the companies in the same industry are cheaper than KOG, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.10. KOG is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.48 | ||
| Fwd PE | 42.34 |
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 71.05% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, KOG is valued cheaply inside the industry as 84.21% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.73 | ||
| EV/EBITDA | 33.92 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates KOG does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of KOG may justify a higher PE ratio.
KOG's earnings are expected to grow with 18.49% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.15
PEG (5Y)1.08
EPS Next 2Y21.4%
EPS Next 3Y18.49%
5. Dividend
5.1 Amount
KOG has a Yearly Dividend Yield of 1.36%.
Compared to an average industry Dividend Yield of 1.22, KOG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, KOG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
5.2 History
On average, the dividend of KOG grows each year by 33.79%, which is quite nice.
Dividend Growth(5Y)33.79%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
48.04% of the earnings are spent on dividend by KOG. This is a bit on the high side, but may be sustainable.
KOG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP48.04%
EPS Next 2Y21.4%
EPS Next 3Y18.49%
OSL:KOG (3/7/2025, 7:00:00 PM)
1560
-55 (-3.41%)
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 Cap274.44B
Analysts50.67
Price Target1265.56 (-18.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly Dividend12.07
Dividend Growth(5Y)33.79%
DP48.04%
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)1.01%
Min Revenue beat(2)-0.11%
Max Revenue beat(2)2.13%
Revenue beat(4)3
Avg Revenue beat(4)1.17%
Min Revenue beat(4)-0.11%
Max Revenue beat(4)2.21%
Revenue beat(8)7
Avg Revenue beat(8)3.37%
Revenue beat(12)9
Avg Revenue beat(12)2.19%
Revenue beat(16)11
Avg Revenue beat(16)1.14%
PT rev (1m)7.05%
PT rev (3m)7.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)3.53%
EPS NY rev (3m)1.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)3.57%
Revenue NY rev (3m)3.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.48 | ||
| Fwd PE | 42.34 | ||
| P/S | 5.62 | ||
| P/FCF | 22.73 | ||
| P/OCF | 19.97 | ||
| P/B | 17.38 | ||
| P/tB | 27.81 | ||
| EV/EBITDA | 33.92 |
EPS(TTM)29.17
EY1.87%
EPS(NY)36.84
Fwd EY2.36%
FCF(TTM)68.64
FCFY4.4%
OCF(TTM)78.13
OCFY5.01%
SpS277.81
BVpS89.77
TBVpS56.11
PEG (NY)2.15
PEG (5Y)1.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.23% | ||
| ROE | 32.46% | ||
| ROCE | 28.94% | ||
| ROIC | 22.81% | ||
| ROICexc | 30.95% | ||
| ROICexgc | 48.08% | ||
| OM | 13.36% | ||
| PM (TTM) | 10.49% | ||
| GM | N/A | ||
| FCFM | 24.71% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y8.47%
OM growth 5Y24.29%
PM growth 3Y10.07%
PM growth 5Y28.31%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.38 | ||
| Debt/EBITDA | 0.52 | ||
| Cap/Depr | 109.67% | ||
| Cap/Sales | 3.41% | ||
| Interest Coverage | 20.47 | ||
| Cash Conversion | 170.71% | ||
| Profit Quality | 235.54% | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 5.73 |
F-Score7
WACC8.63%
ROIC/WACC2.64
Cap/Depr(3y)99.98%
Cap/Depr(5y)77.37%
Cap/Sales(3y)3.47%
Cap/Sales(5y)2.92%
Profit Quality(3y)118.22%
Profit Quality(5y)126.96%
High Growth Momentum
Growth
EPS 1Y (TTM)38.42%
EPS 3Y34.19%
EPS 5Y49.67%
EPS Q2Q%26.24%
EPS Next Y24.91%
EPS Next 2Y21.4%
EPS Next 3Y18.49%
EPS Next 5Y15.14%
Revenue 1Y (TTM)20.32%
Revenue growth 3Y21.2%
Revenue growth 5Y16.02%
Sales Q2Q%16.53%
Revenue Next Year19.46%
Revenue Next 2Y16.69%
Revenue Next 3Y15.21%
Revenue Next 5Y11.73%
EBIT growth 1Y40.64%
EBIT growth 3Y31.46%
EBIT growth 5Y44.21%
EBIT Next Year41.61%
EBIT Next 3Y26.62%
EBIT Next 5Y19.67%
FCF growth 1Y213.91%
FCF growth 3Y40.07%
FCF growth 5Y55.25%
OCF growth 1Y135.87%
OCF growth 3Y40.36%
OCF growth 5Y48.82%