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. 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. 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.
Each year in the past 5 years KOG has been profitable.
In the past 5 years KOG always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 8.79%, KOG belongs to the best of the industry, outperforming 95.56% of the companies in the same industry.
KOG has a better Return On Equity (30.40%) than 93.33% of its industry peers.
KOG has a better Return On Invested Capital (19.30%) 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 8.61%.
The last Return On Invested Capital (19.30%) for KOG is above the 3 year average (16.43%), which is a sign of increasing profitability.
| 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
The Profit Margin of KOG (12.32%) is better than 88.89% of its industry peers.
In the last couple of years the Profit Margin of KOG has grown nicely.
KOG's Operating Margin of 13.55% is fine compared to the rest of the industry. KOG outperforms 77.78% of its industry peers.
In the last couple of years the Operating Margin of KOG has grown nicely.
KOG's Gross Margin of 61.15% is amongst the best of the industry. KOG outperforms 86.67% of its industry peers.
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 | 13.55% | ||
| 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.
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.
The debt/assets ratio for KOG has been reduced compared to a year ago.
2.2 Solvency
KOG has an Altman-Z score of 2.21. This is not the best score and indicates that KOG is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.21, KOG is doing worse than 60.00% of the companies in the same industry.
The Debt to FCF ratio of KOG is 0.40, which is an excellent value as it means it would take KOG, only 0.40 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.40, KOG belongs to the top of the industry, outperforming 97.78% of the companies in the same industry.
KOG has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
KOG has a better Debt to Equity ratio (0.23) than 82.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 0.4 | ||
| Altman-Z | 2.21 |
ROIC/WACC2.21
WACC8.72%
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.
The Current ratio of KOG (1.15) is worse than 60.00% 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.
Looking at the Quick ratio, with a value of 0.98, KOG is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
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 | 1.15 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
KOG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 53.83%, which is quite impressive.
Measured over the past years, KOG shows a very strong growth in Earnings Per Share. The EPS has been growing by 49.13% on average per year.
KOG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.66%.
The Revenue has been growing by 16.02% on average over the past years. This is quite good.
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
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.
The Revenue is expected to grow by 14.72% on average over the next years. This is quite good.
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 50.83, 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.
KOG's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.28.
A Price/Forward Earnings ratio of 39.39 indicates a quite expensive valuation of KOG.
Based on the Price/Forward Earnings ratio, KOG is valued a bit more expensive than the industry average as 75.56% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, KOG is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.83 | ||
| Fwd PE | 39.39 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KOG indicates a rather cheap valuation: KOG is cheaper than 100.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, KOG is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.94 | ||
| EV/EBITDA | 6.4 |
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.
A more expensive valuation may be justified as KOG's earnings are expected to grow with 22.17% in the coming years.
PEG (NY)1.16
PEG (5Y)1.03
EPS Next 2Y25.72%
EPS Next 3Y22.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.17%, KOG has a reasonable but not impressive dividend return.
In the last 3 months the price of KOG has falen by -75.02%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 1.20, KOG pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.17, KOG pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
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
39.19% of the earnings are spent on dividend by KOG. This is a low number and sustainable payout ratio.
The dividend of KOG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP39.19%
EPS Next 2Y25.72%
EPS Next 3Y22.17%
OSL:KOG (7/2/2025, 7:00:00 PM)
362.9
-12.6 (-3.36%)
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 Cap63.84B
Analysts46.67
Price Target304.95 (-15.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
Yearly Dividend2.8
Dividend Growth(5Y)2.29%
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)-76.26%
PT rev (3m)-75.9%
EPS NQ rev (1m)-79.13%
EPS NQ rev (3m)-78.67%
EPS NY rev (1m)-77.32%
EPS NY rev (3m)-77.24%
Revenue NQ rev (1m)1.67%
Revenue NQ rev (3m)4.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.83 | ||
| Fwd PE | 39.39 | ||
| P/S | 1.25 | ||
| P/FCF | 4.94 | ||
| P/OCF | 4.37 | ||
| P/B | 3.09 | ||
| P/tB | 4.46 | ||
| EV/EBITDA | 6.4 |
EPS(TTM)7.14
EY1.97%
EPS(NY)9.21
Fwd EY2.54%
FCF(TTM)73.53
FCFY20.26%
OCF(TTM)83.07
OCFY22.89%
SpS289.88
BVpS117.49
TBVpS81.29
PEG (NY)1.16
PEG (5Y)1.03
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 | 2.21 |
F-Score6
WACC8.72%
ROIC/WACC2.21
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 Y43.89%
EPS Next 2Y25.72%
EPS Next 3Y22.17%
EPS Next 5Y17.94%
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 5Y14.72%
EBIT growth 1Y35.91%
EBIT growth 3Y31.46%
EBIT growth 5Y44.2%
EBIT Next Year52.24%
EBIT Next 3Y27.66%
EBIT Next 5Y22.89%
FCF growth 1Y1949.92%
FCF growth 3Y39.61%
FCF growth 5Y54.94%
OCF growth 1Y884.7%
OCF growth 3Y40.36%
OCF growth 5Y48.82%