Defence and Aerospace Demand Will Accelerate Revenue and Earnings Through 2026

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

19 Feb 25

Updated

07 Dec 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

112.1%

7D

10.1%

Loading

1Y

112.1%

7D

10.1%

You can edit this narrative until Dec 8 9:05 PM. Then, changes will post as Updates.

Author's Valuation

NOK 75.089.1% undervalued

AnalystConsensusTarget Fair Value

Shared on 07 Dec 25

Fair value Decreased 0.14%

KIT: Defence Demand And Buybacks Will Drive Future Earnings Upside

Analysts have trimmed their price target on Kitron slightly, citing only marginal adjustments to fair value assumptions and discount rates, despite modestly higher forecasts for revenue growth and profit margins. This has resulted in a roughly NOK 0.10 reduction in estimated per share value.

Shared on 23 Nov 25

Fair value Increased 0.85%

KIT: Defence Sector Demand And Buyback Program Will Drive Future Momentum

Analysts have raised their price target for Kitron slightly. They now estimate a fair value of NOK 75.18 per share, up from NOK 74.54.

Shared on 07 Nov 25

Fair value Increased 7.63%

KIT: Defence Orders And Share Buybacks Expected To Support Balanced Outlook

Analysts have raised Kitron's fair value estimate by approximately NOK 5.28, citing improved profit margins, sustained revenue growth, and a slight adjustment in discount and future price-to-earnings expectations. What's in the News Kitron ASA has revised its earnings guidance for 2025, now expecting revenue between EUR 700 and 740 million and operating profit (EBIT) between EUR 59 and 66 million.

Shared on 24 Oct 25

Fair value Increased 6.55%

Narrative Update: Kitron Analyst Price Target Revision Analysts have raised their fair value estimate for Kitron from NOK 65 to approximately NOK 69.26, citing expectations for stronger revenue growth and profitability improvements. What's in the News Kitron ASA revised its 2025 earnings guidance and now expects revenue between EUR 700 and 740 million as well as operating profit (EBIT) between EUR 59 and 66 million.

Shared on 01 May 25

Fair value Increased 17%

Shared on 23 Apr 25

Fair value Increased 0.67%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 8.97%

AnalystConsensusTarget has increased revenue growth from 10.5% to 11.7%.

Shared on 09 Apr 25

Fair value Decreased 1.90%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 21%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 34%

AnalystConsensusTarget has decreased future PE multiple from 18.6x to 12.9x.

Shared on 13 Mar 25

Fair value Increased 17%

AnalystConsensusTarget Fair Value

NOK 75.08

9.1% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

21.22%

Electronic Equipment and Components revenue growth rate

0.47%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.95%

Calculation

€77.72m

Earnings '28

x

15.08x

PE Ratio '28

=

€1.17b

Market Cap '28

€1.17b

Market Cap '28

/

146.39m

No. shares '28

=

€8.01

Share Price '28

€8.01 Share Price '28

Discounted to 2025 @ 7.96% p.a.

=

€6.36

Fair Value '25

€6.36 Fair Value '25

Converted to NOK @ 11.7665 EUR/NOK Exchange Rate

=

NOK 74.83

Fair Value '25