Kitron ASA Logo

Kitron ASA

KIT.OL

(1.8)
Stock Price

32,16 NOK

27.3% ROA

30.96% ROE

3.94x PER

Market Cap.

563.234.271,51 NOK

103.46% DER

17.6% Yield

6.58% NPM

Kitron ASA Stock Analysis

Kitron ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Kitron ASA Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (25.04%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

4 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (79), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

5 PBV

The stock's elevated P/BV ratio (3.41x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

6 DER

The stock is burdened with a heavy load of debt (104%), making it financially unstable and potentially risky for investors.

7 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Kitron ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Kitron ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Kitron ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Kitron ASA Revenue
Year Revenue Growth
2001 2.624.839.000
2002 1.984.279.000 -32.28%
2003 1.821.367.000 -8.94%
2004 1.748.047.000 -4.19%
2005 1.576.341.000 -10.89%
2006 1.693.559.000 6.92%
2007 1.937.780.000 12.6%
2008 2.269.544.000 14.62%
2009 1.730.690.000 -31.14%
2010 1.643.948.000 -5.28%
2011 1.656.098.000 0.73%
2012 1.695.026.000 2.3%
2013 1.631.598.000 -3.89%
2014 1.751.300.000 6.84%
2015 1.951.818.000 10.27%
2016 2.093.001.000 6.75%
2017 2.436.729.000 14.11%
2018 2.619.257.000 6.97%
2019 3.299.416.000 20.61%
2020 3.963.876.000 16.76%
2021 3.711.373.000 -6.8%
2022 6.486.734.000 42.79%
2023 716.800.000 -804.96%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Kitron ASA Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Kitron ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 746.000 100%
2007 779.000 4.24%
2008 0 0%
2009 0 0%
2010 1.043.639.000 100%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Kitron ASA EBITDA
Year EBITDA Growth
2001 -75.017.000
2002 -11.909.000 -529.92%
2003 49.780.000 123.92%
2004 -18.280.000 372.32%
2005 4.316.000 523.54%
2006 89.347.000 95.17%
2007 111.648.000 19.97%
2008 198.604.000 43.78%
2009 96.994.000 -104.76%
2010 38.968.000 -148.91%
2011 76.373.000 48.98%
2012 95.831.000 20.3%
2013 70.812.000 -35.33%
2014 76.779.000 7.77%
2015 157.176.000 51.15%
2016 156.792.000 -0.24%
2017 193.891.000 19.13%
2018 205.358.000 5.58%
2019 278.379.000 26.23%
2020 404.554.000 31.19%
2021 330.786.000 -22.3%
2022 623.643.000 46.96%
2023 80.800.000 -671.84%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Kitron ASA Gross Profit
Year Gross Profit Growth
2001 936.133.000
2002 739.022.000 -26.67%
2003 735.905.000 -0.42%
2004 711.389.000 -3.45%
2005 630.999.000 -12.74%
2006 677.820.000 6.91%
2007 742.219.000 8.68%
2008 880.092.000 15.67%
2009 653.316.000 -34.71%
2010 1.643.948.000 60.26%
2011 631.480.000 -160.33%
2012 655.046.000 3.6%
2013 633.529.000 -3.4%
2014 636.688.000 0.5%
2015 707.697.000 10.03%
2016 744.914.000 5%
2017 816.715.000 8.79%
2018 863.011.000 5.36%
2019 1.079.213.000 20.03%
2020 1.318.021.000 18.12%
2021 1.261.659.000 -4.47%
2022 2.041.428.000 38.2%
2023 226.000.000 -803.29%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Kitron ASA Net Profit
Year Net Profit Growth
2001 -110.992.000
2002 -64.249.000 -72.75%
2003 -45.617.000 -40.84%
2004 -88.319.000 48.35%
2005 -58.939.000 -49.85%
2006 41.676.000 241.42%
2007 64.434.000 35.32%
2008 214.312.000 69.93%
2009 8.167.000 -2524.12%
2010 -25.366.000 132.2%
2011 17.543.000 244.59%
2012 46.397.000 62.19%
2013 8.328.000 -457.12%
2014 24.289.000 65.71%
2015 72.225.000 66.37%
2016 74.551.000 3.12%
2017 98.997.000 24.69%
2018 110.267.000 10.22%
2019 132.502.000 16.78%
2020 213.056.000 37.81%
2021 152.843.000 -39.4%
2022 287.147.000 46.77%
2023 38.800.000 -640.07%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Kitron ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 -3
2002 -1 -100%
2003 0 0%
2004 -1 0%
2005 0 0%
2006 3 100%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1 0%
2019 1 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Kitron ASA Free Cashflow
Year Free Cashflow Growth
2001 67.909.000
2002 178.008.000 61.85%
2003 16.200.000 -998.81%
2004 -54.285.000 129.84%
2005 -19.098.000 -184.24%
2006 6.929.000 375.62%
2007 25.329.000 72.64%
2008 14.282.000 -77.35%
2009 66.203.000 78.43%
2010 -93.219.000 171.02%
2011 -38.222.000 -143.89%
2012 18.728.000 304.09%
2013 3.096.000 -504.91%
2014 -71.347.000 104.34%
2015 127.780.000 155.84%
2016 64.659.000 -97.62%
2017 125.650.000 48.54%
2018 -100.291.000 225.29%
2019 82.782.000 221.15%
2020 178.042.000 53.5%
2021 80.340.000 -121.61%
2022 63.763.000 -26%
2023 5.000.000 -1175.26%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Kitron ASA Operating Cashflow
Year Operating Cashflow Growth
2001 142.855.000
2002 200.536.000 28.76%
2003 46.735.000 -329.09%
2004 -33.045.000 241.43%
2005 9.367.000 452.78%
2006 9.001.000 -4.07%
2007 74.451.000 87.91%
2008 85.030.000 12.44%
2009 93.779.000 9.33%
2010 -46.088.000 303.48%
2011 14.906.000 409.19%
2012 42.407.000 64.85%
2013 31.933.000 -32.8%
2014 -4.763.000 770.44%
2015 204.070.000 102.33%
2016 108.482.000 -88.11%
2017 160.800.000 32.54%
2018 -44.458.000 461.69%
2019 195.235.000 122.77%
2020 237.005.000 17.62%
2021 126.314.000 -87.63%
2022 160.314.000 21.21%
2023 5.000.000 -3106.28%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Kitron ASA Capital Expenditure
Year Capital Expenditure Growth
2001 74.946.000
2002 22.528.000 -232.68%
2003 30.535.000 26.22%
2004 21.240.000 -43.76%
2005 28.465.000 25.38%
2006 2.072.000 -1273.79%
2007 49.122.000 95.78%
2008 70.748.000 30.57%
2009 27.576.000 -156.56%
2010 47.131.000 41.49%
2011 53.128.000 11.29%
2012 23.679.000 -124.37%
2013 28.837.000 17.89%
2014 66.584.000 56.69%
2015 76.290.000 12.72%
2016 43.823.000 -74.09%
2017 35.150.000 -24.67%
2018 55.833.000 37.04%
2019 112.453.000 50.35%
2020 58.963.000 -90.72%
2021 45.974.000 -28.25%
2022 96.551.000 52.38%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Kitron ASA Equity
Year Equity Growth
2001 288.786.000
2002 223.018.000 -29.49%
2003 241.384.000 7.61%
2004 190.225.000 -26.89%
2005 151.118.000 -25.88%
2006 185.699.000 18.62%
2007 246.997.000 24.82%
2008 480.398.000 48.58%
2009 450.406.000 -6.66%
2010 420.575.000 -7.09%
2011 436.009.000 3.54%
2012 469.921.000 7.22%
2013 473.709.000 0.8%
2014 494.683.000 4.24%
2015 566.510.000 12.68%
2016 584.799.000 3.13%
2017 663.565.000 11.87%
2018 691.459.000 4.03%
2019 739.213.000 6.46%
2020 885.654.000 16.53%
2021 1.228.046.000 27.88%
2022 1.506.491.000 18.48%
2023 167.500.000 -799.4%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Kitron ASA Assets
Year Assets Growth
2001 985.141.000
2002 815.177.000 -20.85%
2003 734.929.000 -10.92%
2004 665.122.000 -10.5%
2005 652.523.000 -1.93%
2006 957.530.000 31.85%
2007 1.000.124.000 4.26%
2008 1.250.202.000 20%
2009 982.162.000 -27.29%
2010 1.015.539.000 3.29%
2011 1.060.217.000 4.21%
2012 1.017.839.000 -4.16%
2013 1.088.660.000 6.51%
2014 1.151.994.000 5.5%
2015 1.273.976.000 9.57%
2016 1.353.005.000 5.84%
2017 1.548.699.000 12.64%
2018 1.866.088.000 17.01%
2019 2.396.212.000 22.12%
2020 2.654.820.000 9.74%
2021 3.309.417.000 19.78%
2022 5.874.670.000 43.67%
2023 584.700.000 -904.73%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Kitron ASA Liabilities
Year Liabilities Growth
2001 696.355.000
2002 587.977.000 -18.43%
2003 483.458.000 -21.62%
2004 462.339.000 -4.57%
2005 501.405.000 7.79%
2006 771.831.000 35.04%
2007 753.127.000 -2.48%
2008 769.804.000 2.17%
2009 531.756.000 -44.77%
2010 594.964.000 10.62%
2011 624.208.000 4.68%
2012 547.918.000 -13.92%
2013 614.951.000 10.9%
2014 657.311.000 6.44%
2015 707.466.000 7.09%
2016 768.206.000 7.91%
2017 885.134.000 13.21%
2018 1.174.629.000 24.65%
2019 1.656.999.000 29.11%
2020 1.769.166.000 6.34%
2021 2.081.371.000 15%
2022 4.368.179.000 52.35%
2023 417.200.000 -947.02%

Kitron ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
12.32
Net Income per Share
0.72
Price to Earning Ratio
3.94x
Price To Sales Ratio
0.24x
POCF Ratio
4.21
PFCF Ratio
4.3
Price to Book Ratio
3.29
EV to Sales
0.29
EV Over EBITDA
2.88
EV to Operating CashFlow
5.38
EV to FreeCashFlow
5.38
Earnings Yield
0.25
FreeCashFlow Yield
0.23
Market Cap
0,56 Bil.
Enterprise Value
0,70 Bil.
Graham Number
3.74
Graham NetNet
-1.51

Income Statement Metrics

Net Income per Share
0.72
Income Quality
0.66
ROE
0.28
Return On Assets
0.09
Return On Capital Employed
0.23
Net Income per EBT
0.79
EBT Per Ebit
0.93
Ebit per Revenue
0.09
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.32
Operating Profit Margin
0.09
Pretax Profit Margin
0.08
Net Profit Margin
0.07

Dividends

Dividend Yield
0.18
Dividend Yield %
17.6
Payout Ratio
0
Dividend Per Share
0.5

Operating Metrics

Operating Cashflow per Share
0.67
Free CashFlow per Share
0.67
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.45
Return on Tangible Assets
0.27
Days Sales Outstanding
0
Days Payables Outstanding
44.94
Days of Inventory on Hand
41.75
Receivables Turnover
0
Payables Turnover
8.12
Inventory Turnover
8.74
Capex per Share
0

Balance Sheet

Cash per Share
0,16
Book Value per Share
0,86
Tangible Book Value per Share
0.49
Shareholders Equity per Share
0.86
Interest Debt per Share
0.85
Debt to Equity
1.03
Debt to Assets
0.3
Net Debt to EBITDA
0.58
Current Ratio
1.51
Tangible Asset Value
0,10 Bil.
Net Current Asset Value
0,03 Bil.
Invested Capital
1.03
Working Capital
0,15 Bil.
Intangibles to Total Assets
0.12
Average Receivables
0,00 Bil.
Average Payables
0,21 Bil.
Average Inventory
183750000
Debt to Market Cap
0.31

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Kitron ASA Dividends
Year Dividends Growth
2000 1
2009 0 0%
2012 0 0%
2013 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1 100%
2021 1 0%
2022 0 0%
2023 1 0%

Kitron ASA Profile

About Kitron ASA

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers' products; and box-built electronic products. The company's services include development services, such as product development, product management, re-engineering, and value analysis/value engineering; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high level assembly lines, and environmental durability testing. Its services also comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance; logistics and distribution; and augmented reality manufacturing services. Kitron ASA was founded in 1996 and is headquartered in Billingstad, Norway.

CEO
Mr. Lars Peter Nilsson
Employee
3.002
Address
Olav Brunborgs vei 4
Billingstad, 1396

Kitron ASA Executives & BODs

Kitron ASA Executives & BODs
# Name Age
1 Mr. Magnus B. Lindseth
General Manager of Kitron Sweden and Board Observer
70
2 Mr. Kristoffer Asklov
Chief Operating Officer
70
3 Mr. Lars Peter Nilsson
Chief Executive Officer & President
70
4 Mr. Mindaugas Sestokas
Vice President of Central Eastern Europe
70
5 Mr. Hans Petter Thomassen
Vice President of Nordics & North America
70
6 Ms. Cathrin Nylander
Chief Financial Officer
70
7 Mr. Stian Haugen
Chief Technology Officer
70

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