NKT（NKT）株式概要NKT A/Sはデンマークで低圧、中圧、高圧電力ケーブルの設計、製造、施工を行っています。 詳細NKT ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長3/6過去の実績2/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より28.4%で取引されている 収益は年間19.11%増加すると予測されています 過去5年間の収益は年間57.2%増加しました。 リスク分析高いレベルの非現金収入 すべてのリスクチェックを見るNKT Community Fair Values Create NarrativeSee what 42 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN112.7% overvaluedAnalystLowTarget•1mo agoHigh Order Concentration And Execution Risk Will Erode Margins4600AN5.9% overvaluedAnalystHighTarget•19d agoEuropean Grid Modernization Will Boost High-voltage Cable Demand5104AN21.5% overvaluedAnalystConsensusTarget•3d agoAnalysts Lift NKT Price Target on Strong Growth Outlook and Reduced Ramp-Up Risks132025Top Analyst NarrativesAN112.7% overvaluedAnalystLowTarget•1mo agoHigh Order Concentration And Execution Risk Will Erode Margins4600AN5.9% overvaluedAnalystHighTarget•19d agoEuropean Grid Modernization Will Boost High-voltage Cable Demand5104AN21.5% overvaluedAnalystConsensusTarget•3d agoAnalysts Lift NKT Price Target on Strong Growth Outlook and Reduced Ramp-Up Risks132025View all narrativesNKT A/S 競合他社Vestas Wind SystemsSymbol: CPSE:VWSMarket cap: DKK 191.7bRockwoolSymbol: CPSE:ROCK BMarket cap: DKK 41.2bPer Aarsleff HoldingSymbol: CPSE:PAAL BMarket cap: DKK 14.5bLSSymbol: KOSE:A006260Market cap: ₩14.9t価格と性能株価の高値、安値、推移の概要NKT過去の株価現在の株価DKK 1,112.0052週高値DKK 1,113.0052週安値DKK 479.40ベータ0.641ヶ月の変化19.25%3ヶ月変化38.14%1年変化109.22%3年間の変化170.96%5年間の変化302.02%IPOからの変化1,466.20%最新ニュースRecent Insider Transactions • May 20Independent Deputy Chairman recently bought kr.2.0m worth of stockOn the 18th of May, Rene Svendsen-Tune bought around 2k shares on-market at roughly kr.1,049 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr.12m. This was Rene's only on-market trade for the last 12 months.ナラティブの更新 • May 19NKT: Raised Growth And Margin Hurdles Will Pressure Execution RisksAnalysts have raised the NKT price target to DKK 850, up from DKK 752. This change is supported by updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E in recent research.Price Target Changed • May 18Price target increased by 11% to kr.915Up from kr.827, the current price target is an average from 11 analysts. New target price is 13% below last closing price of kr.1,047. Stock is up 105% over the past year. The company is forecast to post earnings per share of €3.99 for next year compared to €4.93 last year.分析記事 • May 16NKT A/S Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsIt's been a good week for NKT A/S ( CPH:NKT ) shareholders, because the company has just released its latest quarterly...Reported Earnings • May 15First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: €1.08 (up from €1.01 in 1Q 2025). Revenue: €864.0m (up 3.2% from 1Q 2025). Net income: €58.0m (up 7.4% from 1Q 2025). Profit margin: 6.7% (up from 6.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 65%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 41% per year.お知らせ • May 07Nkt Launches Ieee-Qualified Medium Voltage Splice for the North American MarketNKT, a European manufacturer of power cable systems and accessories, was strengthening its presence in North America with the launch of JCSI-35, an IEEE-qualified, all-in-one medium-voltage cold-shrink splice. Designed to deliver high reliability, electrical integrity and long-term service life, the solution is engineered to perform under demanding operating conditions across the United States and Canada. The launch marks an important step in NKT's regional expansion, building on its established role as a supplier to major infrastructure projects, including the Champlain Hudson Power Express. With the launch of JCSI-35 - an all-in-one medium-voltage cold-shrink splice - NKT is broadening its product offering to meet growing demand from distribution system operators in the United States and Canada. Designed specifically for the requirements of the North American market, JCSI-35 is qualified to IEEE 404 and is suitable for 15 kV, 28 kV and 35 kV applications. It combines best-in-class components trusted across the industry with NKT's own design and material enhancements to ensure reliable electrical performance and long service life under demanding grid conditions. Reliability is central to the design of JCSI-35. The splice has passed IEEE 404 testing, demonstrating its ability to withstand real-world electrical and environmental stresses, including partial discharge testing. A key contributor to this reliability is the integrated shear-bolt connector, which is tested to ANSI C119.4 Class C. The connector ensures precise torque application, delivering a secure and consistent electrical connection while reducing installation errors and enhancing operational safety. A central element of JCSI-35's reliability is its engineered silicone body, designed to ensure long-term mechanical and electrical stability. The splice body is manufactured from an extra-high tear strength silicone material, allowing controlled expansion during installation without splitting. The material provides high dielectric strength, reliable low-temperature recovery and consistent performance throughout the product's service life. A thicker cross-section at critical points reduces surface stress, further enhancing durability under demanding grid conditions. To address another key failure mode in the market, JCSI-35 features a robust internal and external sealing system designed to prevent moisture ingress and maintain long-term insulation integrity. JCSI-35 is aimed at distribution system operators, installers and distributors across the United States and Canada, where demand for IEEE-qualified, cold-applied accessories continues to grow. NKT supports the launch with local sales expertise. Other IEEE qualified accessories will follow as they become ready for sale, enabling us to support utilities and their partners with reliable solutions across the cable system.最新情報をもっと見るRecent updatesRecent Insider Transactions • May 20Independent Deputy Chairman recently bought kr.2.0m worth of stockOn the 18th of May, Rene Svendsen-Tune bought around 2k shares on-market at roughly kr.1,049 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr.12m. This was Rene's only on-market trade for the last 12 months.ナラティブの更新 • May 19NKT: Raised Growth And Margin Hurdles Will Pressure Execution RisksAnalysts have raised the NKT price target to DKK 850, up from DKK 752. This change is supported by updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E in recent research.Price Target Changed • May 18Price target increased by 11% to kr.915Up from kr.827, the current price target is an average from 11 analysts. New target price is 13% below last closing price of kr.1,047. Stock is up 105% over the past year. The company is forecast to post earnings per share of €3.99 for next year compared to €4.93 last year.分析記事 • May 16NKT A/S Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsIt's been a good week for NKT A/S ( CPH:NKT ) shareholders, because the company has just released its latest quarterly...Reported Earnings • May 15First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: €1.08 (up from €1.01 in 1Q 2025). Revenue: €864.0m (up 3.2% from 1Q 2025). Net income: €58.0m (up 7.4% from 1Q 2025). Profit margin: 6.7% (up from 6.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 65%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 41% per year.お知らせ • May 07Nkt Launches Ieee-Qualified Medium Voltage Splice for the North American MarketNKT, a European manufacturer of power cable systems and accessories, was strengthening its presence in North America with the launch of JCSI-35, an IEEE-qualified, all-in-one medium-voltage cold-shrink splice. Designed to deliver high reliability, electrical integrity and long-term service life, the solution is engineered to perform under demanding operating conditions across the United States and Canada. The launch marks an important step in NKT's regional expansion, building on its established role as a supplier to major infrastructure projects, including the Champlain Hudson Power Express. With the launch of JCSI-35 - an all-in-one medium-voltage cold-shrink splice - NKT is broadening its product offering to meet growing demand from distribution system operators in the United States and Canada. Designed specifically for the requirements of the North American market, JCSI-35 is qualified to IEEE 404 and is suitable for 15 kV, 28 kV and 35 kV applications. It combines best-in-class components trusted across the industry with NKT's own design and material enhancements to ensure reliable electrical performance and long service life under demanding grid conditions. Reliability is central to the design of JCSI-35. The splice has passed IEEE 404 testing, demonstrating its ability to withstand real-world electrical and environmental stresses, including partial discharge testing. A key contributor to this reliability is the integrated shear-bolt connector, which is tested to ANSI C119.4 Class C. The connector ensures precise torque application, delivering a secure and consistent electrical connection while reducing installation errors and enhancing operational safety. A central element of JCSI-35's reliability is its engineered silicone body, designed to ensure long-term mechanical and electrical stability. The splice body is manufactured from an extra-high tear strength silicone material, allowing controlled expansion during installation without splitting. The material provides high dielectric strength, reliable low-temperature recovery and consistent performance throughout the product's service life. A thicker cross-section at critical points reduces surface stress, further enhancing durability under demanding grid conditions. To address another key failure mode in the market, JCSI-35 features a robust internal and external sealing system designed to prevent moisture ingress and maintain long-term insulation integrity. JCSI-35 is aimed at distribution system operators, installers and distributors across the United States and Canada, where demand for IEEE-qualified, cold-applied accessories continues to grow. NKT supports the launch with local sales expertise. Other IEEE qualified accessories will follow as they become ready for sale, enabling us to support utilities and their partners with reliable solutions across the cable system.ナラティブの更新 • May 03NKT: Long Term Grid Contracts Will Support Higher Future Earnings PowerAnalysts have lifted the fair value estimate for NKT to DKK 1,050 from DKK 1,008, reflecting updated assumptions on growth, margins and future P/E despite mixed recent Street views, including a small price target increase at DKK 752. Analyst Commentary Street research on NKT has sent mixed signals recently, with some reports turning more cautious while others continue to see upside.ナラティブの更新 • Apr 19NKT: Elevated Execution Risks On Large Power Cable Projects Will Pressure ExpectationsAnalysts have nudged NKT's fair value estimate slightly higher to DKK 522.76, supported by a small lift in JPMorgan's price target to DKK 752, along with updated assumptions on discount rate, revenue growth, profit margin and future P/E. Analyst Commentary JPMorgan's latest move to lift its price target on NKT to DKK 752, while maintaining a Neutral stance, sits alongside more cautious signals from other bearish analysts who have trimmed their views or moved to less positive ratings.ナラティブの更新 • Apr 03NKT: Elevated Expectations Will Face Growing Execution Risk On Major ProjectsAnalysts have lifted the fair value estimate for NKT to about DKK 522 per share from roughly DKK 435, citing updated assumptions for revenue growth, profit margins and future P/E levels, in light of recent price target changes including JPMorgan's move to DKK 752 and fresh downgrades from other houses. Analyst Commentary Recent research paints a mixed picture around NKT, with some high profile houses lifting price targets while several bearish analysts have turned more cautious.Board Change • Mar 26Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Anne Vedel was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Mar 26NKT A/S Announces Board AppointmentsNKT A/S at its Annual General Meeting held on March 25, 2026 announced that Martin Tranberg Nielsen and Allan Sølberg Ellekær serve as employee representatives on the Board of Directors following the election held on 19 March 2026.Recent Insider Transactions • Mar 20President & CEO recently bought kr.12m worth of stockOn the 18th of March, Claes Westerlind bought around 15k shares on-market at roughly kr.810 per share. This transaction increased Claes' direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Claes' only on-market trade for the last 12 months.ナラティブの更新 • Mar 20NKT: Long Term Grid Contracts Will Support Future Sector-Leading MarginsNarrative Update on NKT The analyst price target for NKT now stands at DKK 752, a DKK 4 upward adjustment, as analysts balance slightly higher assumed revenue growth with modestly lower profit margins and a marginally reduced future P/E multiple, alongside recent mixed ratings that include a small target lift from JPMorgan and downgrades from SEB Equities and Barclays. Analyst Commentary Recent research on NKT shows a mixed backdrop, but there are still clear positives that bullish analysts highlight for investors watching the stock.ナラティブの更新 • Mar 05NKT: Long Term Grid Projects Will Support Future Sector-Leading MarginsNarrative Update on NKT Analysts have inched their average price target for NKT up by DKK 4 to DKK 752, as modest adjustments to growth, margin and P/E assumptions reflect a mix of more cautious views from some brokers and a slightly higher target from JPMorgan, while the overall fair value estimate remains unchanged. Analyst Commentary Recent Street research on NKT shows a mixed backdrop, with some brokers turning more cautious while others see support for current valuation levels.お知らせ • Mar 04NKT A/S, Annual General Meeting, Mar 25, 2026NKT A/S, Annual General Meeting, Mar 25, 2026, at 15:45 Romance Standard Time. Location: amerika plads 29, 2100 copenhagen., DenmarkReported Earnings • Feb 26Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: €4.93 (up from €4.19 in FY 2024). Revenue: €3.57b (up 9.6% from FY 2024). Net income: €264.0m (up 17% from FY 2024). Profit margin: 7.4% (up from 6.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 25NKT A/S Provides Earnings Guidance for the Year 2026NKT A/S provided earnings guidance for the year 2026. Revenue (in standard metal prices) is expected to be approximately EUR 2.63 billion - EUR 2.78 billion.ナラティブの更新 • Feb 19NKT: Long Term Grid Projects And Partnerships Will Support Sector-Leading MarginsAnalysts have trimmed their NKT price target to DKK 1,008. This reflects a slightly higher discount rate and modestly adjusted expectations for revenue growth, profit margin and future P/E after recent downgrades from SEB Equities and Barclays.お知らせ • Feb 06NKT A/S Appoints Michael Yong As Chief Financial Officer Effective April 1, 2026NKT A/S has appointed Michael Yong as Chief Financial Officer (CFO) of NKT and NKT A/S, effective from April 1, 2026. Michael Yong currently serves as Chief Strategy Officer at NKT and is a member of the Group Leadership Team. He has been responsible for the strategy function since joining the company in 2021. Prior to joining NKT, Michael Yong held a number of senior international leadership positions within the power cable and energy infrastructure industries. His experience includes previous CFO responsibilities, strategy development, M&A and business transformation at SGB-SMIT Group and Prysmian Group. Michael Yong succeeds Line Andrea Fandrup, who has decided to leave NKT no later than the end of April 2026.ナラティブの更新 • Feb 05NKT: Order Backlog Execution Will Support Sector-Leading Margins Beyond 2028Analysts have trimmed their stance on NKT with recent downgrades. Price targets such as JPMorgan's move to DKK 719 from DKK 618 sit alongside small adjustments to assumptions on discount rate, revenue growth, profit margin and future P/E that keep the modelled fair value steady at DKK 1,008.New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (62% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change).ナラティブの更新 • Jan 22NKT: Order Backlog Execution Will Support Sector-Leading Margins By 2028Analysts have trimmed their fair value estimate for NKT to DKK 1,008 from DKK 1,097, reflecting updated views on growth, profitability and valuation multiples following recent downgrades and mixed price target revisions across the Street. Analyst Commentary Street research on NKT has been mixed recently, with some firms turning more cautious on the shares while others see enough execution progress and market opportunity to justify higher valuation benchmarks.お知らせ • Jan 13Nkt Launches New Dry-Type High-Voltage Outdoor Terminations to Enhance Safety and Reduce Environmental Risk in the Power GridNKT launched the KFEV 245 dry-type outdoor termination to address concerns brought by the conventional oil-filled technology that still largely dominates the market. The KFEV 245 has been developed to meet growing demand for safe alternatives in modern power transmission systems. It offers a range of practical improvements that address the need for reduced complexity and simplified installation. Oil-filled outdoor terminations still dominate the high-voltage cable accessories market. However, customers increasingly prefer dry-type terminations for environmental and safety reasons, similar to those widely introduced and favoured at lower voltage levels in recent years. To meet growing demand and set the standard for the best solutions in the market, NKT is now introducing the KFEV 245 dry - dry-type outdoor termination for 245 kV power cable systems. The demand in the market for high-voltage dry-type outdoor terminations has been increasing in recent years. High-voltage power cable systems can benefit from terminations that allow faster, easier, and safer installation. Dry-type terminations are more reliable and sustainable because they eliminate the risk of oil leaks, thereby minimising potential negative environmental impact, says Biswajit Singh, Senior Director, Product Management Accessories at NKT. A simple and robust design: The KFEV 245 dry plug-in outdoor termination is now part of NKT's comprehensive high-voltage accessories portfolio, covering the full HVAC voltage range up to 550 kV. Like the rest of the high-voltage accessoriesfolio, this new termination is manufactured at NKT's high-voltage cable accessories centre of excellence in Alingsas, Sweden.分析記事 • Jan 11Here's Why We Think NKT (CPH:NKT) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...お知らせ • Jan 08+ 3 more updatesNKT A/S to Report Fiscal Year 2025 Results on Feb 25, 2026NKT A/S announced that they will report fiscal year 2025 results on Feb 25, 2026ナラティブの更新 • Jan 08NKT: Higher Expansion And Guidance Will Face Increasing Execution RiskAnalysts have raised their price expectations for NKT, led by a new JPMorgan target of DKK 719, up from DKK 618. The change reflects updated views on growth, profitability and valuation assumptions, which translate into a slightly higher fair value and a lower projected future P/E multiple in the latest models.分析記事 • Dec 27NKT (CPH:NKT) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...ナラティブの更新 • Dec 23NKT: Capacity Ramp Execution Will Support Sector-Leading Margins By 2028Analysts have lifted their fair value estimate for NKT from DKK 851 to about DKK 1,097. This reflects higher expected revenue growth, modestly stronger margins, and a richer future earnings multiple supported by recent price target increases and improving confidence in the company moving past key capacity ramp risks.ナラティブの更新 • Dec 09NKT: Margin Upside By 2028 Will Balance Capacity Ramp Execution RisksAnalysts have modestly raised their price target on NKT, with incremental fair value and valuation multiple upgrades reflecting confidence that easing capacity ramp risks will support faster earnings growth and sector leading margins by 2028, as highlighted by recent upward price target revisions to DKK 719 and DKK 878. Analyst Commentary Recent research updates underline a constructive but selective stance on NKT, with upward revisions to price targets and ratings reflecting confidence in the company’s medium term growth trajectory while still acknowledging execution and valuation risks.分析記事 • Dec 03Why We're Not Concerned About NKT A/S' (CPH:NKT) Share PriceNKT A/S' ( CPH:NKT ) price-to-earnings (or "P/E") ratio of 25x might make it look like a strong sell right now compared...ナラティブの更新 • Nov 24NKT: Sector-Leading Margins Expected As Ramp-Up Risks Diminish By 2028NKT's analyst price target has climbed from DKK 695 to DKK 757. This increase reflects greater confidence in the company's revenue growth and profitability expectations according to recent analyst assessments.Price Target Changed • Nov 21Price target increased by 8.9% to kr.757Up from kr.695, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of kr.769. Stock is up 38% over the past year. The company is forecast to post earnings per share of €4.04 for next year compared to €4.19 last year.Reported Earnings • Nov 20Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: €1.21 (up from €1.02 in 3Q 2024). Revenue: €936.0m (up 9.3% from 3Q 2024). Net income: €65.0m (up 18% from 3Q 2024). Profit margin: 6.9% (up from 6.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 20+ 1 more updateNKT A/S Announces Changes in Executive PositionsNKT A/S announced that with the changes to the organisational structure, the NKT Group Leadership Team will also be adjusted: Darren Fennell, currently Executive Vice President and Head of HV Solutions Karlskrona, will assume the role of Executive Vice President and Head of Transmission; Raphael Görner will join NKT latest 1 April 2026 as Executive Vice President and Head of Grid Solutions. Until Raphael Görner joins, Will Hendrikx, COO and deputy CEO, will act as interim Head of Grid Solutions; Denis Schuler will continue as Executive Vice President and Head of Accessories. For external reporting purposes, Grid Solutions and Accessories will be reported as one business line; Carlos Fernandez, Executive Vice President and Head of Applications, will continue as Executive Vice President and Head of Distribution; Lukas Sidler, Executive Vice President and Head of HV Solutions Cologne, and Axel Barnekow Widmark, Executive Vice President and Head of Service & Installation, have decided to pursue career opportunities outside NKT. They will leave the company by the end of 2025 and latest by the end of the first quarter 2026, respectively. The positions of the other members of the Group Leadership Team will remain unchanged.Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr.834, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 16x in the Electrical industry in Europe. Total returns to shareholders of 133% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr.1,134 per share.ナラティブの更新 • Nov 05NKT: Sector-Leading Margins To Emerge As Ramp-Up Risks Subside By 2028NKT's analyst price target has been raised from DKK 688 to DKK 695. This reflects improved confidence as analysts cite accelerated earnings growth and stronger margins following the company's successful navigation of key operational risks.分析記事 • Nov 02We Like These Underlying Return On Capital Trends At NKT (CPH:NKT)There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Price Target Changed • Oct 27Price target increased by 7.3% to kr.695Up from kr.648, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of kr.732. Stock is up 10% over the past year. The company is forecast to post earnings per share of €3.92 for next year compared to €4.19 last year.ナラティブの更新 • Oct 22Analysts Lift NKT Price Target on Strong Growth Outlook and Reduced Ramp-Up RisksNKT Price Target Raised as Analysts Anticipate Stronger Growth Trajectory Analysts have raised their fair value estimate for NKT from DKK 645.34 to DKK 688.11. They cite improvements in growth outlook and clearer progress past ramp-up risks as reasons for the adjustment.分析記事 • Oct 22NKT A/S (CPH:NKT) Shares Could Be 35% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, NKT fair value estimate is kr.1,132 Current share price of...Price Target Changed • Oct 08Price target increased by 7.2% to kr.648Up from kr.604, the current price target is an average from 10 analysts. New target price is 10% below last closing price of kr.722. Stock is up 14% over the past year. The company is forecast to post earnings per share of €3.97 for next year compared to €4.19 last year.ナラティブの更新 • Oct 08European Grid Modernization And Capacity Expansions Will Unlock Future PromiseAnalysts have raised their price target for NKT from DKK 606.74 to DKK 645.34, citing improved revenue growth and profit margins as the company overcomes key operational risks. Analyst Commentary Recent analyst reports have highlighted a positive shift in sentiment toward NKT, with several raising their price targets significantly in response to ongoing improvements in the company's performance and risk profile.分析記事 • Oct 08Does NKT (CPH:NKT) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...分析記事 • Sep 26NKT (CPH:NKT) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: €0.90 (vs €1.34 in 2Q 2024)Second quarter 2025 results: EPS: €0.90 (down from €1.34 in 2Q 2024). Revenue: €945.0m (up 18% from 2Q 2024). Net income: €54.0m (down 25% from 2Q 2024). Profit margin: 5.7% (down from 9.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 02NKT (CPH:NKT) Is Experiencing Growth In Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Jul 20What Is NKT A/S's (CPH:NKT) Share Price Doing?While NKT A/S ( CPH:NKT ) might not have the largest market cap around , it led the CPSE gainers with a relatively...分析記事 • Jul 09NKT A/S' (CPH:NKT) Business Is Yet to Catch Up With Its Share PriceWith a median price-to-earnings (or "P/E") ratio of close to 16x in Denmark, you could be forgiven for feeling...分析記事 • Jun 27Is NKT A/S (CPH:NKT) Trading At A 49% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, NKT fair value estimate is kr.997 NKT's kr.504 share price...Reported Earnings • May 09First quarter 2025 earnings released: EPS: €1.00 (vs €0.84 in 1Q 2024)First quarter 2025 results: EPS: €1.00 (up from €0.84 in 1Q 2024). Revenue: €837.0m (up 19% from 1Q 2024). Net income: €57.0m (up 27% from 1Q 2024). Profit margin: 6.8% (up from 6.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Mar 25Executive VP & CFO recently sold kr.2.8m worth of stockOn the 20th of March, Line Fandrup sold around 5k shares on-market at roughly kr.536 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Line has been a net seller over the last 12 months, reducing personal holdings by kr.4.9m.お知らせ • Mar 18NKT Launches New Monitoring Solution to Safeguard CablesNKT introduces an integrated cable monitoring platform designed to support continuous operation of on- and of shore power cables by proactively identifying and mitigating potential threats, including fishing accidents and deliberate damage. NKT is launching a new cable monitoring solution, a platform that integrates multiple sensors and combines technologies to provide a comprehensive overview of power cable conditions, aiming to make power cable grids more reliable. The platform combines data from various sensors and technologies, such as vessel location, acoustic sensing around the cable, depth of burial of the cable under the seabed, and conductor temperature. By integrating and analysing this data together, the platform can identify suspicious activities, such as vessels passing slowly, fishing equipment or anchors being pulled near the cable, and other risks that could lead to cable damage. When one or more parameters exceed predefined thresholds, the platform triggers an alert helping those monitoring the cable to take potential remediation actions and strengthen the grid's resilience. The company new cable monitoring platform represents a significant advancement in ensuring the reliability and safety of power cables. By integrating multiple sensors into a single platform, the company can provide situational awareness and proactive monitoring, which is crucial for maintaining up-time and preventing damage, says Stefan Persson, Director, Cable Monitoring Solutions, Service & Installation at NKT. Root cause analysis support: If a failure of critical infrastructure occurs, knowledge about the cause of the incident can be of great importance for the power cable owner as well as public authorities. By gathering alarm data, including vessel movements and acoustic data, the system can support the root cause analysis of the damage. In the short run, it can pinpoint potential responsible parties, and in the long run, it can help improve situational awareness around the cable, says Stefan Persson. Preparedness is key for securing continuous operation of power cables: The platform includes features that provide cable owners with detailed information about how the cable is performing as well as documentation, information from marine survey inspections, current stockpiling status of spare parts, and notifications for replacing parts nearing expiry. This proactive approach helps in identifying focus areas to ensure the cable remains operational and improves the overall level of preparedness and the ability to take preventive measures. The company solution enhances the ability to monitor and safeguard power cables but also helps cable owners prepare for and mitigate potential failures. Reducing outage times for a cable includes readiness in case a critical situation occurs.Recent Insider Transactions • Feb 26Independent Deputy Chairman recently bought kr.997k worth of stockOn the 24th of February, Rene Svendsen-Tune bought around 2k shares on-market at roughly kr.503 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Rene's only on-market trade for the last 12 months.Reported Earnings • Feb 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €4.27 (up from €2.15 in FY 2023). Revenue: €3.25b (up 25% from FY 2023). Net income: €236.0m (up 119% from FY 2023). Profit margin: 7.3% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 9.6%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Price Target Changed • Feb 10Price target decreased by 7.3% to kr.560Down from kr.604, the current price target is an average from 10 analysts. New target price is 21% above last closing price of kr.463. Stock is down 5.6% over the past year. The company is forecast to post earnings per share of €5.58 for next year compared to €2.15 last year.新しいナラティブ • Dec 16Expanding Capacity In Karlskrona And Cologne And SolidAl Integration Will Drive Revenue Growth And Boost Margins Strategic capacity expansion and integration efforts are set to significantly enhance revenue growth, operational efficiency, and market presence in Europe. Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: €1.02 (vs €0.39 in 3Q 2023)Third quarter 2024 results: EPS: €1.02 (up from €0.39 in 3Q 2023). Revenue: €856.0m (up 30% from 3Q 2023). Net income: €55.0m (up 162% from 3Q 2023). Profit margin: 6.4% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.New Risk • Nov 15New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr.2.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.お知らせ • Nov 15NKT A/S, Annual General Meeting, Mar 19, 2025NKT A/S, Annual General Meeting, Mar 19, 2025.お知らせ • Nov 14+ 4 more updatesNKT A/S to Report Fiscal Year 2024 Results on Feb 21, 2025NKT A/S announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Feb 21, 2025Board Change • Oct 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jean Iversen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Aug 23Consensus EPS estimates increase by 59%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €3.40 to €5.41. Revenue forecast steady at €3.09b. Net income forecast to grow 47% next year vs 11% growth forecast for Electrical industry in Denmark. Consensus price target up from kr.603 to kr.616. Share price rose 6.9% to kr.647 over the past week.Recent Insider Transactions • Aug 21Executive VP & CFO recently sold kr.2.1m worth of stockOn the 19th of August, Line Fandrup sold around 3k shares on-market at roughly kr.624 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Line has been a net seller over the last 12 months, reducing personal holdings by kr.2.8m.Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: €1.34 (vs €0.74 in 2Q 2023)Second quarter 2024 results: EPS: €1.34 (up from €0.74 in 2Q 2023). Revenue: €802.0m (up 27% from 2Q 2023). Net income: €72.0m (up 125% from 2Q 2023). Profit margin: 9.0% (up from 5.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 11NKT A/S Updates Financial Guidance for the Full Year 2024NKT A/S updated financial guidance for the full year 2024. For the year, the company’s revenue (std. metal prices) are expected to be approximately EUR 2.33 billion to EUR 2.43 billion (previously approximately EUR 2.21 billion to EUR 2.36 billion excluding SolidAl).お知らせ • Jun 21NKT A/S (CPSE:NKT) acquired SolidAl - Condutores Eléctricos, S.A from Njord Partners LLP for total enterprise value of approximately €190 million.NKT A/S (CPSE:NKT) agreed to acquire SolidAl - Condutores Eléctricos, S.A from Njord Partners LLP for total enterprise value of approximately €190 million on June 21, 2024. As part of the acquisition, NKT will invest an additional €50 million to expand the medium- and high-voltage capacity at the existing site. For the period ending December 31, 2023, SolidAl reported total revenue of €150 million and EBITDA of €20 million. The acquisition was funded within the existing capital structure. The transaction is unconditional, and closing is effective as of today. Lazard, Inc. acted as financial advisor to Njord Partners. Barou Advisers acted as financial advisor to Njord Partners. Macfarlanes LLP acted as legal advisor to Njord Partners. Uría Menéndez Abogados, S.L.P. acted as legal advisor to Njord Partners. NKT A/S (CPSE:NKT) completed the acquisition of SolidAl - Condutores Eléctricos, S.A from Njord Partners LLP on June 21, 2024.お知らせ • Jun 01Photonics Management Europe SRL completed the acquisition of NKT Photonics A/S from NKT A/S (CPSE:NKT) for approximately €250 million.Photonics Management Europe SRL agreed to acquire NKT Photonics A/S from NKT A/S (CPSE:NKT) for approximately €205 million on June 9, 2022. Hamamatsu Photonics entered into a share purchase agreement to acquire NKT Photonics A/S from NKT A/S (CPSE:NKT) on June 24, 2022. As per the announcement Hamamatsu Photonics K.K. board of directors had already passed a resolution on June 9,2022. Hamamatsu Photonics K.K. will acquire 15 million shares of NKT Photonics A/S. The Acquisition will be financed from Hamamatsu Photonics K.K. own funds and bank loans. As of December 31, 2021. NKT Photonics A/S reported a turnover of €80.1 million and total assets of €151.5 million with a negative EBIT of €7.1 million and negative total common equity of €11.2 million. The transaction is subject to regulatory approvals. The transaction is expected to complete on March 31, 2023. The required regulatory approvals have over the past months been obtained from authorities in Germany, United Kingdom, and the United States. However, as of May 2, 2023, Photonics Management Europe SRL has been denied the authorization under the Danish Investment Screening Act to proceed to complete the transaction and acquire NKT Photonics. According to the Danish Investment Screening Act, the Danish Minister for Industry, Business, and Financial Affairs can refuse to authorize a foreign company's investment in Denmark, if it poses a threat to national security or public order in Denmark. Now, NKT awaits the Photonics's further actions in response to the decision and, separately, NKT evaluates its options considering the decision. NKT deems to be contractually well protected against the situation. As of May 9, 2023 Danish Business Authority denied the deal. As of July 20, 2023, Hamamatsu Photonics K.K. submitted to the Danish Business Authority an application to acquire shares in NKT Photonics as a subsidiary of Photonics Management Europe SRL. As announced on May 6, 2024, on July 20, 2023, Hamamatsu Photonics refiled its application to have the transaction approved in Denmark under the Danish Investment Screening Act. Hamamatsu Photonics received a notice from the Danish Business Authority that the Acquisition was approved. NKT Photonics can now be divested to Hamamatsu. NKT expects the transaction to be completed within Q2 2024. J.P. Morgan Securities acted as financial advisor to NKT A/S. Kromann Reumert acted as legal advisor for NKT A/S. Photonics Management Europe SRL completed the acquisition of NKT Photonics A/S from NKT A/S (CPSE:NKT) for approximately €250 million on May 31, 2024.Major Estimate Revision • May 15Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €2.95b to €2.98b. EPS estimate increased from €3.18 to €3.73 per share. Net income forecast to grow 56% next year vs 21% growth forecast for Electrical industry in Denmark. Consensus price target broadly unchanged at kr.559. Share price rose 2.5% to kr.585 over the past week.お知らせ • May 09NKT A/S Reaffirms Financial Guidance for the 2024NKT A/S reaffirmed financial guidance for the 2024. For the year, the company’s revenue (in std. metal prices) is expected to be approximately EUR 2.21 billion to EUR 2.36 billion.Reported Earnings • May 08First quarter 2024 earnings released: EPS: €0.85 (vs €0.62 in 1Q 2023)First quarter 2024 results: EPS: €0.85 (up from €0.62 in 1Q 2023). Revenue: €704.0m (up 19% from 1Q 2023). Net income: €48.0m (up 79% from 1Q 2023). Profit margin: 6.8% (up from 4.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 08Price target increased by 8.7% to kr.592Up from kr.545, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of kr.609. Stock is up 81% over the past year. The company is forecast to post earnings per share of €3.15 for next year compared to €2.15 last year.株主還元NKTDK ElectricalDK 市場7D5.3%1.6%0.09%1Y109.2%67.1%-14.4%株主還元を見る業界別リターン: NKT過去 1 年間で67.1 % の収益を上げたDanish Electrical業界を上回りました。リターン対市場: NKT過去 1 年間で-14.4 % の収益を上げたDanish市場を上回りました。価格変動Is NKT's price volatile compared to industry and market?NKT volatilityNKT Average Weekly Movement5.2%Electrical Industry Average Movement7.0%Market Average Movement4.7%10% most volatile stocks in DK Market9.1%10% least volatile stocks in DK Market2.9%安定した株価: NKT 、 Danish市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: NKTの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト18916,554Claes Westerlindwww.nkt.comNKT A/S はデンマークで低・中・高圧電力ケーブルの設計、製造、施工を行っている。ソリューション事業、アプリケーション事業、サービス＆アクセサリー事業を行っている。同社は、高圧オンショアおよびオフショアケーブル、中圧、ダイナミック、ユニバーサルケーブル、低圧ビル用電線、フレキシブルケーブルおよび導管、コントロールケーブル、1kVケーブル、通信エネルギーおよび耐火性能ケーブルなどの高圧ケーブルソリューションを提供している。また、ジョイント、終端、分離可能なコネクター、紙絶縁リードシースおよび組立済み接続ケーブル、ケーブル分岐キャビネット、組立済み接続ケーブルなどの高圧ケーブル付属品、GIS/変圧器終端、低圧油入りケーブルシステム、屋外終端、風力発電アプリケーション、トランジション・ジョイントなどの高圧ケーブル付属品も提供している。さらに、ライフサイクルケーブルサービス、設置、運転保守、修理、廃止措置、ケーブル監視ソリューションも提供している。さらに、石油・ガスケーブル・コンピテンスセンターサービス、技術コンサルティングサービス、洋上・陸上風力発電、太陽光発電ソリューションも提供している。ドイツ、スウェーデン、英国、ポーランド、米国、ノルウェー、チェコ共和国、フランス、オランダ、ポルトガルと国際的に事業を展開している。旧社名はNKT Holding A/Sで、2017年5月に社名をNKT A/Sに変更した。NKT A/Sは1891年に設立され、デンマークのブレンビーに本社を置いている。もっと見るNKT A/S 基礎のまとめNKT の収益と売上を時価総額と比較するとどうか。NKT 基礎統計学時価総額DKK 59.44b収益（TTM）DKK 2.00b売上高(TTM)DKK 26.84b29.7xPER（株価収益率2.2xP/SレシオNKT は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計NKT 損益計算書（TTM）収益€3.59b売上原価€2.37b売上総利益€1.22bその他の費用€952.00m収益€268.00m直近の収益報告Mar 31, 2026次回決算日Aug 14, 2026一株当たり利益（EPS）5.01グロス・マージン33.96%純利益率7.46%有利子負債／自己資本比率7.2%NKT の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 13:31終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋NKT A/S 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Xin WangBarclaysGeorge FeatherstoneBarclaysScott HumphreysBerenberg11 その他のアナリストを表示
Recent Insider Transactions • May 20Independent Deputy Chairman recently bought kr.2.0m worth of stockOn the 18th of May, Rene Svendsen-Tune bought around 2k shares on-market at roughly kr.1,049 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr.12m. This was Rene's only on-market trade for the last 12 months.
ナラティブの更新 • May 19NKT: Raised Growth And Margin Hurdles Will Pressure Execution RisksAnalysts have raised the NKT price target to DKK 850, up from DKK 752. This change is supported by updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E in recent research.
Price Target Changed • May 18Price target increased by 11% to kr.915Up from kr.827, the current price target is an average from 11 analysts. New target price is 13% below last closing price of kr.1,047. Stock is up 105% over the past year. The company is forecast to post earnings per share of €3.99 for next year compared to €4.93 last year.
分析記事 • May 16NKT A/S Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsIt's been a good week for NKT A/S ( CPH:NKT ) shareholders, because the company has just released its latest quarterly...
Reported Earnings • May 15First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: €1.08 (up from €1.01 in 1Q 2025). Revenue: €864.0m (up 3.2% from 1Q 2025). Net income: €58.0m (up 7.4% from 1Q 2025). Profit margin: 6.7% (up from 6.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 65%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 41% per year.
お知らせ • May 07Nkt Launches Ieee-Qualified Medium Voltage Splice for the North American MarketNKT, a European manufacturer of power cable systems and accessories, was strengthening its presence in North America with the launch of JCSI-35, an IEEE-qualified, all-in-one medium-voltage cold-shrink splice. Designed to deliver high reliability, electrical integrity and long-term service life, the solution is engineered to perform under demanding operating conditions across the United States and Canada. The launch marks an important step in NKT's regional expansion, building on its established role as a supplier to major infrastructure projects, including the Champlain Hudson Power Express. With the launch of JCSI-35 - an all-in-one medium-voltage cold-shrink splice - NKT is broadening its product offering to meet growing demand from distribution system operators in the United States and Canada. Designed specifically for the requirements of the North American market, JCSI-35 is qualified to IEEE 404 and is suitable for 15 kV, 28 kV and 35 kV applications. It combines best-in-class components trusted across the industry with NKT's own design and material enhancements to ensure reliable electrical performance and long service life under demanding grid conditions. Reliability is central to the design of JCSI-35. The splice has passed IEEE 404 testing, demonstrating its ability to withstand real-world electrical and environmental stresses, including partial discharge testing. A key contributor to this reliability is the integrated shear-bolt connector, which is tested to ANSI C119.4 Class C. The connector ensures precise torque application, delivering a secure and consistent electrical connection while reducing installation errors and enhancing operational safety. A central element of JCSI-35's reliability is its engineered silicone body, designed to ensure long-term mechanical and electrical stability. The splice body is manufactured from an extra-high tear strength silicone material, allowing controlled expansion during installation without splitting. The material provides high dielectric strength, reliable low-temperature recovery and consistent performance throughout the product's service life. A thicker cross-section at critical points reduces surface stress, further enhancing durability under demanding grid conditions. To address another key failure mode in the market, JCSI-35 features a robust internal and external sealing system designed to prevent moisture ingress and maintain long-term insulation integrity. JCSI-35 is aimed at distribution system operators, installers and distributors across the United States and Canada, where demand for IEEE-qualified, cold-applied accessories continues to grow. NKT supports the launch with local sales expertise. Other IEEE qualified accessories will follow as they become ready for sale, enabling us to support utilities and their partners with reliable solutions across the cable system.
Recent Insider Transactions • May 20Independent Deputy Chairman recently bought kr.2.0m worth of stockOn the 18th of May, Rene Svendsen-Tune bought around 2k shares on-market at roughly kr.1,049 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr.12m. This was Rene's only on-market trade for the last 12 months.
ナラティブの更新 • May 19NKT: Raised Growth And Margin Hurdles Will Pressure Execution RisksAnalysts have raised the NKT price target to DKK 850, up from DKK 752. This change is supported by updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E in recent research.
Price Target Changed • May 18Price target increased by 11% to kr.915Up from kr.827, the current price target is an average from 11 analysts. New target price is 13% below last closing price of kr.1,047. Stock is up 105% over the past year. The company is forecast to post earnings per share of €3.99 for next year compared to €4.93 last year.
分析記事 • May 16NKT A/S Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsIt's been a good week for NKT A/S ( CPH:NKT ) shareholders, because the company has just released its latest quarterly...
Reported Earnings • May 15First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: €1.08 (up from €1.01 in 1Q 2025). Revenue: €864.0m (up 3.2% from 1Q 2025). Net income: €58.0m (up 7.4% from 1Q 2025). Profit margin: 6.7% (up from 6.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 65%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 41% per year.
お知らせ • May 07Nkt Launches Ieee-Qualified Medium Voltage Splice for the North American MarketNKT, a European manufacturer of power cable systems and accessories, was strengthening its presence in North America with the launch of JCSI-35, an IEEE-qualified, all-in-one medium-voltage cold-shrink splice. Designed to deliver high reliability, electrical integrity and long-term service life, the solution is engineered to perform under demanding operating conditions across the United States and Canada. The launch marks an important step in NKT's regional expansion, building on its established role as a supplier to major infrastructure projects, including the Champlain Hudson Power Express. With the launch of JCSI-35 - an all-in-one medium-voltage cold-shrink splice - NKT is broadening its product offering to meet growing demand from distribution system operators in the United States and Canada. Designed specifically for the requirements of the North American market, JCSI-35 is qualified to IEEE 404 and is suitable for 15 kV, 28 kV and 35 kV applications. It combines best-in-class components trusted across the industry with NKT's own design and material enhancements to ensure reliable electrical performance and long service life under demanding grid conditions. Reliability is central to the design of JCSI-35. The splice has passed IEEE 404 testing, demonstrating its ability to withstand real-world electrical and environmental stresses, including partial discharge testing. A key contributor to this reliability is the integrated shear-bolt connector, which is tested to ANSI C119.4 Class C. The connector ensures precise torque application, delivering a secure and consistent electrical connection while reducing installation errors and enhancing operational safety. A central element of JCSI-35's reliability is its engineered silicone body, designed to ensure long-term mechanical and electrical stability. The splice body is manufactured from an extra-high tear strength silicone material, allowing controlled expansion during installation without splitting. The material provides high dielectric strength, reliable low-temperature recovery and consistent performance throughout the product's service life. A thicker cross-section at critical points reduces surface stress, further enhancing durability under demanding grid conditions. To address another key failure mode in the market, JCSI-35 features a robust internal and external sealing system designed to prevent moisture ingress and maintain long-term insulation integrity. JCSI-35 is aimed at distribution system operators, installers and distributors across the United States and Canada, where demand for IEEE-qualified, cold-applied accessories continues to grow. NKT supports the launch with local sales expertise. Other IEEE qualified accessories will follow as they become ready for sale, enabling us to support utilities and their partners with reliable solutions across the cable system.
ナラティブの更新 • May 03NKT: Long Term Grid Contracts Will Support Higher Future Earnings PowerAnalysts have lifted the fair value estimate for NKT to DKK 1,050 from DKK 1,008, reflecting updated assumptions on growth, margins and future P/E despite mixed recent Street views, including a small price target increase at DKK 752. Analyst Commentary Street research on NKT has sent mixed signals recently, with some reports turning more cautious while others continue to see upside.
ナラティブの更新 • Apr 19NKT: Elevated Execution Risks On Large Power Cable Projects Will Pressure ExpectationsAnalysts have nudged NKT's fair value estimate slightly higher to DKK 522.76, supported by a small lift in JPMorgan's price target to DKK 752, along with updated assumptions on discount rate, revenue growth, profit margin and future P/E. Analyst Commentary JPMorgan's latest move to lift its price target on NKT to DKK 752, while maintaining a Neutral stance, sits alongside more cautious signals from other bearish analysts who have trimmed their views or moved to less positive ratings.
ナラティブの更新 • Apr 03NKT: Elevated Expectations Will Face Growing Execution Risk On Major ProjectsAnalysts have lifted the fair value estimate for NKT to about DKK 522 per share from roughly DKK 435, citing updated assumptions for revenue growth, profit margins and future P/E levels, in light of recent price target changes including JPMorgan's move to DKK 752 and fresh downgrades from other houses. Analyst Commentary Recent research paints a mixed picture around NKT, with some high profile houses lifting price targets while several bearish analysts have turned more cautious.
Board Change • Mar 26Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Anne Vedel was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Mar 26NKT A/S Announces Board AppointmentsNKT A/S at its Annual General Meeting held on March 25, 2026 announced that Martin Tranberg Nielsen and Allan Sølberg Ellekær serve as employee representatives on the Board of Directors following the election held on 19 March 2026.
Recent Insider Transactions • Mar 20President & CEO recently bought kr.12m worth of stockOn the 18th of March, Claes Westerlind bought around 15k shares on-market at roughly kr.810 per share. This transaction increased Claes' direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Claes' only on-market trade for the last 12 months.
ナラティブの更新 • Mar 20NKT: Long Term Grid Contracts Will Support Future Sector-Leading MarginsNarrative Update on NKT The analyst price target for NKT now stands at DKK 752, a DKK 4 upward adjustment, as analysts balance slightly higher assumed revenue growth with modestly lower profit margins and a marginally reduced future P/E multiple, alongside recent mixed ratings that include a small target lift from JPMorgan and downgrades from SEB Equities and Barclays. Analyst Commentary Recent research on NKT shows a mixed backdrop, but there are still clear positives that bullish analysts highlight for investors watching the stock.
ナラティブの更新 • Mar 05NKT: Long Term Grid Projects Will Support Future Sector-Leading MarginsNarrative Update on NKT Analysts have inched their average price target for NKT up by DKK 4 to DKK 752, as modest adjustments to growth, margin and P/E assumptions reflect a mix of more cautious views from some brokers and a slightly higher target from JPMorgan, while the overall fair value estimate remains unchanged. Analyst Commentary Recent Street research on NKT shows a mixed backdrop, with some brokers turning more cautious while others see support for current valuation levels.
お知らせ • Mar 04NKT A/S, Annual General Meeting, Mar 25, 2026NKT A/S, Annual General Meeting, Mar 25, 2026, at 15:45 Romance Standard Time. Location: amerika plads 29, 2100 copenhagen., Denmark
Reported Earnings • Feb 26Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: €4.93 (up from €4.19 in FY 2024). Revenue: €3.57b (up 9.6% from FY 2024). Net income: €264.0m (up 17% from FY 2024). Profit margin: 7.4% (up from 6.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 25NKT A/S Provides Earnings Guidance for the Year 2026NKT A/S provided earnings guidance for the year 2026. Revenue (in standard metal prices) is expected to be approximately EUR 2.63 billion - EUR 2.78 billion.
ナラティブの更新 • Feb 19NKT: Long Term Grid Projects And Partnerships Will Support Sector-Leading MarginsAnalysts have trimmed their NKT price target to DKK 1,008. This reflects a slightly higher discount rate and modestly adjusted expectations for revenue growth, profit margin and future P/E after recent downgrades from SEB Equities and Barclays.
お知らせ • Feb 06NKT A/S Appoints Michael Yong As Chief Financial Officer Effective April 1, 2026NKT A/S has appointed Michael Yong as Chief Financial Officer (CFO) of NKT and NKT A/S, effective from April 1, 2026. Michael Yong currently serves as Chief Strategy Officer at NKT and is a member of the Group Leadership Team. He has been responsible for the strategy function since joining the company in 2021. Prior to joining NKT, Michael Yong held a number of senior international leadership positions within the power cable and energy infrastructure industries. His experience includes previous CFO responsibilities, strategy development, M&A and business transformation at SGB-SMIT Group and Prysmian Group. Michael Yong succeeds Line Andrea Fandrup, who has decided to leave NKT no later than the end of April 2026.
ナラティブの更新 • Feb 05NKT: Order Backlog Execution Will Support Sector-Leading Margins Beyond 2028Analysts have trimmed their stance on NKT with recent downgrades. Price targets such as JPMorgan's move to DKK 719 from DKK 618 sit alongside small adjustments to assumptions on discount rate, revenue growth, profit margin and future P/E that keep the modelled fair value steady at DKK 1,008.
New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (62% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change).
ナラティブの更新 • Jan 22NKT: Order Backlog Execution Will Support Sector-Leading Margins By 2028Analysts have trimmed their fair value estimate for NKT to DKK 1,008 from DKK 1,097, reflecting updated views on growth, profitability and valuation multiples following recent downgrades and mixed price target revisions across the Street. Analyst Commentary Street research on NKT has been mixed recently, with some firms turning more cautious on the shares while others see enough execution progress and market opportunity to justify higher valuation benchmarks.
お知らせ • Jan 13Nkt Launches New Dry-Type High-Voltage Outdoor Terminations to Enhance Safety and Reduce Environmental Risk in the Power GridNKT launched the KFEV 245 dry-type outdoor termination to address concerns brought by the conventional oil-filled technology that still largely dominates the market. The KFEV 245 has been developed to meet growing demand for safe alternatives in modern power transmission systems. It offers a range of practical improvements that address the need for reduced complexity and simplified installation. Oil-filled outdoor terminations still dominate the high-voltage cable accessories market. However, customers increasingly prefer dry-type terminations for environmental and safety reasons, similar to those widely introduced and favoured at lower voltage levels in recent years. To meet growing demand and set the standard for the best solutions in the market, NKT is now introducing the KFEV 245 dry - dry-type outdoor termination for 245 kV power cable systems. The demand in the market for high-voltage dry-type outdoor terminations has been increasing in recent years. High-voltage power cable systems can benefit from terminations that allow faster, easier, and safer installation. Dry-type terminations are more reliable and sustainable because they eliminate the risk of oil leaks, thereby minimising potential negative environmental impact, says Biswajit Singh, Senior Director, Product Management Accessories at NKT. A simple and robust design: The KFEV 245 dry plug-in outdoor termination is now part of NKT's comprehensive high-voltage accessories portfolio, covering the full HVAC voltage range up to 550 kV. Like the rest of the high-voltage accessoriesfolio, this new termination is manufactured at NKT's high-voltage cable accessories centre of excellence in Alingsas, Sweden.
分析記事 • Jan 11Here's Why We Think NKT (CPH:NKT) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
お知らせ • Jan 08+ 3 more updatesNKT A/S to Report Fiscal Year 2025 Results on Feb 25, 2026NKT A/S announced that they will report fiscal year 2025 results on Feb 25, 2026
ナラティブの更新 • Jan 08NKT: Higher Expansion And Guidance Will Face Increasing Execution RiskAnalysts have raised their price expectations for NKT, led by a new JPMorgan target of DKK 719, up from DKK 618. The change reflects updated views on growth, profitability and valuation assumptions, which translate into a slightly higher fair value and a lower projected future P/E multiple in the latest models.
分析記事 • Dec 27NKT (CPH:NKT) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
ナラティブの更新 • Dec 23NKT: Capacity Ramp Execution Will Support Sector-Leading Margins By 2028Analysts have lifted their fair value estimate for NKT from DKK 851 to about DKK 1,097. This reflects higher expected revenue growth, modestly stronger margins, and a richer future earnings multiple supported by recent price target increases and improving confidence in the company moving past key capacity ramp risks.
ナラティブの更新 • Dec 09NKT: Margin Upside By 2028 Will Balance Capacity Ramp Execution RisksAnalysts have modestly raised their price target on NKT, with incremental fair value and valuation multiple upgrades reflecting confidence that easing capacity ramp risks will support faster earnings growth and sector leading margins by 2028, as highlighted by recent upward price target revisions to DKK 719 and DKK 878. Analyst Commentary Recent research updates underline a constructive but selective stance on NKT, with upward revisions to price targets and ratings reflecting confidence in the company’s medium term growth trajectory while still acknowledging execution and valuation risks.
分析記事 • Dec 03Why We're Not Concerned About NKT A/S' (CPH:NKT) Share PriceNKT A/S' ( CPH:NKT ) price-to-earnings (or "P/E") ratio of 25x might make it look like a strong sell right now compared...
ナラティブの更新 • Nov 24NKT: Sector-Leading Margins Expected As Ramp-Up Risks Diminish By 2028NKT's analyst price target has climbed from DKK 695 to DKK 757. This increase reflects greater confidence in the company's revenue growth and profitability expectations according to recent analyst assessments.
Price Target Changed • Nov 21Price target increased by 8.9% to kr.757Up from kr.695, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of kr.769. Stock is up 38% over the past year. The company is forecast to post earnings per share of €4.04 for next year compared to €4.19 last year.
Reported Earnings • Nov 20Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: €1.21 (up from €1.02 in 3Q 2024). Revenue: €936.0m (up 9.3% from 3Q 2024). Net income: €65.0m (up 18% from 3Q 2024). Profit margin: 6.9% (up from 6.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 20+ 1 more updateNKT A/S Announces Changes in Executive PositionsNKT A/S announced that with the changes to the organisational structure, the NKT Group Leadership Team will also be adjusted: Darren Fennell, currently Executive Vice President and Head of HV Solutions Karlskrona, will assume the role of Executive Vice President and Head of Transmission; Raphael Görner will join NKT latest 1 April 2026 as Executive Vice President and Head of Grid Solutions. Until Raphael Görner joins, Will Hendrikx, COO and deputy CEO, will act as interim Head of Grid Solutions; Denis Schuler will continue as Executive Vice President and Head of Accessories. For external reporting purposes, Grid Solutions and Accessories will be reported as one business line; Carlos Fernandez, Executive Vice President and Head of Applications, will continue as Executive Vice President and Head of Distribution; Lukas Sidler, Executive Vice President and Head of HV Solutions Cologne, and Axel Barnekow Widmark, Executive Vice President and Head of Service & Installation, have decided to pursue career opportunities outside NKT. They will leave the company by the end of 2025 and latest by the end of the first quarter 2026, respectively. The positions of the other members of the Group Leadership Team will remain unchanged.
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr.834, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 16x in the Electrical industry in Europe. Total returns to shareholders of 133% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr.1,134 per share.
ナラティブの更新 • Nov 05NKT: Sector-Leading Margins To Emerge As Ramp-Up Risks Subside By 2028NKT's analyst price target has been raised from DKK 688 to DKK 695. This reflects improved confidence as analysts cite accelerated earnings growth and stronger margins following the company's successful navigation of key operational risks.
分析記事 • Nov 02We Like These Underlying Return On Capital Trends At NKT (CPH:NKT)There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Price Target Changed • Oct 27Price target increased by 7.3% to kr.695Up from kr.648, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of kr.732. Stock is up 10% over the past year. The company is forecast to post earnings per share of €3.92 for next year compared to €4.19 last year.
ナラティブの更新 • Oct 22Analysts Lift NKT Price Target on Strong Growth Outlook and Reduced Ramp-Up RisksNKT Price Target Raised as Analysts Anticipate Stronger Growth Trajectory Analysts have raised their fair value estimate for NKT from DKK 645.34 to DKK 688.11. They cite improvements in growth outlook and clearer progress past ramp-up risks as reasons for the adjustment.
分析記事 • Oct 22NKT A/S (CPH:NKT) Shares Could Be 35% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, NKT fair value estimate is kr.1,132 Current share price of...
Price Target Changed • Oct 08Price target increased by 7.2% to kr.648Up from kr.604, the current price target is an average from 10 analysts. New target price is 10% below last closing price of kr.722. Stock is up 14% over the past year. The company is forecast to post earnings per share of €3.97 for next year compared to €4.19 last year.
ナラティブの更新 • Oct 08European Grid Modernization And Capacity Expansions Will Unlock Future PromiseAnalysts have raised their price target for NKT from DKK 606.74 to DKK 645.34, citing improved revenue growth and profit margins as the company overcomes key operational risks. Analyst Commentary Recent analyst reports have highlighted a positive shift in sentiment toward NKT, with several raising their price targets significantly in response to ongoing improvements in the company's performance and risk profile.
分析記事 • Oct 08Does NKT (CPH:NKT) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
分析記事 • Sep 26NKT (CPH:NKT) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: €0.90 (vs €1.34 in 2Q 2024)Second quarter 2025 results: EPS: €0.90 (down from €1.34 in 2Q 2024). Revenue: €945.0m (up 18% from 2Q 2024). Net income: €54.0m (down 25% from 2Q 2024). Profit margin: 5.7% (down from 9.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 02NKT (CPH:NKT) Is Experiencing Growth In Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Jul 20What Is NKT A/S's (CPH:NKT) Share Price Doing?While NKT A/S ( CPH:NKT ) might not have the largest market cap around , it led the CPSE gainers with a relatively...
分析記事 • Jul 09NKT A/S' (CPH:NKT) Business Is Yet to Catch Up With Its Share PriceWith a median price-to-earnings (or "P/E") ratio of close to 16x in Denmark, you could be forgiven for feeling...
分析記事 • Jun 27Is NKT A/S (CPH:NKT) Trading At A 49% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, NKT fair value estimate is kr.997 NKT's kr.504 share price...
Reported Earnings • May 09First quarter 2025 earnings released: EPS: €1.00 (vs €0.84 in 1Q 2024)First quarter 2025 results: EPS: €1.00 (up from €0.84 in 1Q 2024). Revenue: €837.0m (up 19% from 1Q 2024). Net income: €57.0m (up 27% from 1Q 2024). Profit margin: 6.8% (up from 6.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Mar 25Executive VP & CFO recently sold kr.2.8m worth of stockOn the 20th of March, Line Fandrup sold around 5k shares on-market at roughly kr.536 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Line has been a net seller over the last 12 months, reducing personal holdings by kr.4.9m.
お知らせ • Mar 18NKT Launches New Monitoring Solution to Safeguard CablesNKT introduces an integrated cable monitoring platform designed to support continuous operation of on- and of shore power cables by proactively identifying and mitigating potential threats, including fishing accidents and deliberate damage. NKT is launching a new cable monitoring solution, a platform that integrates multiple sensors and combines technologies to provide a comprehensive overview of power cable conditions, aiming to make power cable grids more reliable. The platform combines data from various sensors and technologies, such as vessel location, acoustic sensing around the cable, depth of burial of the cable under the seabed, and conductor temperature. By integrating and analysing this data together, the platform can identify suspicious activities, such as vessels passing slowly, fishing equipment or anchors being pulled near the cable, and other risks that could lead to cable damage. When one or more parameters exceed predefined thresholds, the platform triggers an alert helping those monitoring the cable to take potential remediation actions and strengthen the grid's resilience. The company new cable monitoring platform represents a significant advancement in ensuring the reliability and safety of power cables. By integrating multiple sensors into a single platform, the company can provide situational awareness and proactive monitoring, which is crucial for maintaining up-time and preventing damage, says Stefan Persson, Director, Cable Monitoring Solutions, Service & Installation at NKT. Root cause analysis support: If a failure of critical infrastructure occurs, knowledge about the cause of the incident can be of great importance for the power cable owner as well as public authorities. By gathering alarm data, including vessel movements and acoustic data, the system can support the root cause analysis of the damage. In the short run, it can pinpoint potential responsible parties, and in the long run, it can help improve situational awareness around the cable, says Stefan Persson. Preparedness is key for securing continuous operation of power cables: The platform includes features that provide cable owners with detailed information about how the cable is performing as well as documentation, information from marine survey inspections, current stockpiling status of spare parts, and notifications for replacing parts nearing expiry. This proactive approach helps in identifying focus areas to ensure the cable remains operational and improves the overall level of preparedness and the ability to take preventive measures. The company solution enhances the ability to monitor and safeguard power cables but also helps cable owners prepare for and mitigate potential failures. Reducing outage times for a cable includes readiness in case a critical situation occurs.
Recent Insider Transactions • Feb 26Independent Deputy Chairman recently bought kr.997k worth of stockOn the 24th of February, Rene Svendsen-Tune bought around 2k shares on-market at roughly kr.503 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Rene's only on-market trade for the last 12 months.
Reported Earnings • Feb 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €4.27 (up from €2.15 in FY 2023). Revenue: €3.25b (up 25% from FY 2023). Net income: €236.0m (up 119% from FY 2023). Profit margin: 7.3% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 9.6%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Feb 10Price target decreased by 7.3% to kr.560Down from kr.604, the current price target is an average from 10 analysts. New target price is 21% above last closing price of kr.463. Stock is down 5.6% over the past year. The company is forecast to post earnings per share of €5.58 for next year compared to €2.15 last year.
新しいナラティブ • Dec 16Expanding Capacity In Karlskrona And Cologne And SolidAl Integration Will Drive Revenue Growth And Boost Margins Strategic capacity expansion and integration efforts are set to significantly enhance revenue growth, operational efficiency, and market presence in Europe.
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: €1.02 (vs €0.39 in 3Q 2023)Third quarter 2024 results: EPS: €1.02 (up from €0.39 in 3Q 2023). Revenue: €856.0m (up 30% from 3Q 2023). Net income: €55.0m (up 162% from 3Q 2023). Profit margin: 6.4% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 15New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr.2.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
お知らせ • Nov 15NKT A/S, Annual General Meeting, Mar 19, 2025NKT A/S, Annual General Meeting, Mar 19, 2025.
お知らせ • Nov 14+ 4 more updatesNKT A/S to Report Fiscal Year 2024 Results on Feb 21, 2025NKT A/S announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Feb 21, 2025
Board Change • Oct 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jean Iversen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Aug 23Consensus EPS estimates increase by 59%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €3.40 to €5.41. Revenue forecast steady at €3.09b. Net income forecast to grow 47% next year vs 11% growth forecast for Electrical industry in Denmark. Consensus price target up from kr.603 to kr.616. Share price rose 6.9% to kr.647 over the past week.
Recent Insider Transactions • Aug 21Executive VP & CFO recently sold kr.2.1m worth of stockOn the 19th of August, Line Fandrup sold around 3k shares on-market at roughly kr.624 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Line has been a net seller over the last 12 months, reducing personal holdings by kr.2.8m.
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: €1.34 (vs €0.74 in 2Q 2023)Second quarter 2024 results: EPS: €1.34 (up from €0.74 in 2Q 2023). Revenue: €802.0m (up 27% from 2Q 2023). Net income: €72.0m (up 125% from 2Q 2023). Profit margin: 9.0% (up from 5.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 11NKT A/S Updates Financial Guidance for the Full Year 2024NKT A/S updated financial guidance for the full year 2024. For the year, the company’s revenue (std. metal prices) are expected to be approximately EUR 2.33 billion to EUR 2.43 billion (previously approximately EUR 2.21 billion to EUR 2.36 billion excluding SolidAl).
お知らせ • Jun 21NKT A/S (CPSE:NKT) acquired SolidAl - Condutores Eléctricos, S.A from Njord Partners LLP for total enterprise value of approximately €190 million.NKT A/S (CPSE:NKT) agreed to acquire SolidAl - Condutores Eléctricos, S.A from Njord Partners LLP for total enterprise value of approximately €190 million on June 21, 2024. As part of the acquisition, NKT will invest an additional €50 million to expand the medium- and high-voltage capacity at the existing site. For the period ending December 31, 2023, SolidAl reported total revenue of €150 million and EBITDA of €20 million. The acquisition was funded within the existing capital structure. The transaction is unconditional, and closing is effective as of today. Lazard, Inc. acted as financial advisor to Njord Partners. Barou Advisers acted as financial advisor to Njord Partners. Macfarlanes LLP acted as legal advisor to Njord Partners. Uría Menéndez Abogados, S.L.P. acted as legal advisor to Njord Partners. NKT A/S (CPSE:NKT) completed the acquisition of SolidAl - Condutores Eléctricos, S.A from Njord Partners LLP on June 21, 2024.
お知らせ • Jun 01Photonics Management Europe SRL completed the acquisition of NKT Photonics A/S from NKT A/S (CPSE:NKT) for approximately €250 million.Photonics Management Europe SRL agreed to acquire NKT Photonics A/S from NKT A/S (CPSE:NKT) for approximately €205 million on June 9, 2022. Hamamatsu Photonics entered into a share purchase agreement to acquire NKT Photonics A/S from NKT A/S (CPSE:NKT) on June 24, 2022. As per the announcement Hamamatsu Photonics K.K. board of directors had already passed a resolution on June 9,2022. Hamamatsu Photonics K.K. will acquire 15 million shares of NKT Photonics A/S. The Acquisition will be financed from Hamamatsu Photonics K.K. own funds and bank loans. As of December 31, 2021. NKT Photonics A/S reported a turnover of €80.1 million and total assets of €151.5 million with a negative EBIT of €7.1 million and negative total common equity of €11.2 million. The transaction is subject to regulatory approvals. The transaction is expected to complete on March 31, 2023. The required regulatory approvals have over the past months been obtained from authorities in Germany, United Kingdom, and the United States. However, as of May 2, 2023, Photonics Management Europe SRL has been denied the authorization under the Danish Investment Screening Act to proceed to complete the transaction and acquire NKT Photonics. According to the Danish Investment Screening Act, the Danish Minister for Industry, Business, and Financial Affairs can refuse to authorize a foreign company's investment in Denmark, if it poses a threat to national security or public order in Denmark. Now, NKT awaits the Photonics's further actions in response to the decision and, separately, NKT evaluates its options considering the decision. NKT deems to be contractually well protected against the situation. As of May 9, 2023 Danish Business Authority denied the deal. As of July 20, 2023, Hamamatsu Photonics K.K. submitted to the Danish Business Authority an application to acquire shares in NKT Photonics as a subsidiary of Photonics Management Europe SRL. As announced on May 6, 2024, on July 20, 2023, Hamamatsu Photonics refiled its application to have the transaction approved in Denmark under the Danish Investment Screening Act. Hamamatsu Photonics received a notice from the Danish Business Authority that the Acquisition was approved. NKT Photonics can now be divested to Hamamatsu. NKT expects the transaction to be completed within Q2 2024. J.P. Morgan Securities acted as financial advisor to NKT A/S. Kromann Reumert acted as legal advisor for NKT A/S. Photonics Management Europe SRL completed the acquisition of NKT Photonics A/S from NKT A/S (CPSE:NKT) for approximately €250 million on May 31, 2024.
Major Estimate Revision • May 15Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €2.95b to €2.98b. EPS estimate increased from €3.18 to €3.73 per share. Net income forecast to grow 56% next year vs 21% growth forecast for Electrical industry in Denmark. Consensus price target broadly unchanged at kr.559. Share price rose 2.5% to kr.585 over the past week.
お知らせ • May 09NKT A/S Reaffirms Financial Guidance for the 2024NKT A/S reaffirmed financial guidance for the 2024. For the year, the company’s revenue (in std. metal prices) is expected to be approximately EUR 2.21 billion to EUR 2.36 billion.
Reported Earnings • May 08First quarter 2024 earnings released: EPS: €0.85 (vs €0.62 in 1Q 2023)First quarter 2024 results: EPS: €0.85 (up from €0.62 in 1Q 2023). Revenue: €704.0m (up 19% from 1Q 2023). Net income: €48.0m (up 79% from 1Q 2023). Profit margin: 6.8% (up from 4.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 08Price target increased by 8.7% to kr.592Up from kr.545, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of kr.609. Stock is up 81% over the past year. The company is forecast to post earnings per share of €3.15 for next year compared to €2.15 last year.
