View ValuationNKT 향후 성장Future 기준 점검 3/6NKT (는) 각각 연간 19.8% 및 10.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 19.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.6% 로 예상됩니다.핵심 정보19.8%이익 성장률19.70%EPS 성장률Electrical 이익 성장16.5%매출 성장률10.8%향후 자기자본이익률12.59%애널리스트 커버리지Good마지막 업데이트01 Jun 2026최근 향후 성장 업데이트Price 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.분석 기사 • 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...공시 • 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.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.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.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.모든 업데이트 보기Recent updates내러티브 업데이트 • Jun 04NKT: Recalibrated Expectations On Power Projects Will Limit Upside PotentialNKT's consensus analyst price target has moved toward DKK 1,070, reflecting a combination of upward revisions, such as the increase to DKK 850, and more cautious views from analysts who now regard the stock as fairly valued at current levels. Analyst Commentary Analysts are split on NKT, with some seeing the current share price as broadly aligned with their targets, while others are flagging less upside and a more balanced risk and reward profile.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.내러티브 업데이트 • 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.분석 기사 • 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.공시 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.공시 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.공시 • 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.공시 • 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.내러티브 업데이트 • 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.공시 • 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.내러티브 업데이트 • 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).내러티브 업데이트 • 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.공시 • 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.분석 기사 • 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...공시 • 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, 2026내러티브 업데이트 • 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.분석 기사 • 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...내러티브 업데이트 • 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.내러티브 업데이트 • 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.분석 기사 • 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...내러티브 업데이트 • 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.공시 • 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.내러티브 업데이트 • 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.분석 기사 • 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.내러티브 업데이트 • 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.분석 기사 • 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.내러티브 업데이트 • 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.분석 기사 • 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...분석 기사 • 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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...분석 기사 • 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.공시 • 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.새로운 내러티브 • 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.공시 • Nov 15NKT A/S, Annual General Meeting, Mar 19, 2025NKT A/S, Annual General Meeting, Mar 19, 2025.공시 • 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.공시 • 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).공시 • 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.공시 • 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.공시 • 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.이익 및 매출 성장 예측CPSE:NKT - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20284,960415417700712/31/20274,29628390489712/31/20263,713208-40425973/31/20263,592268-28694N/A12/31/20253,565264-244499N/A9/30/20253,608223-433294N/A6/30/20253,528213-465207N/A3/31/20253,3852345001,098N/A12/31/20243,2522257921,287N/A9/30/20243,0472006621,058N/A6/30/20242,8521668801,221N/A3/31/20242,681126382653N/A12/31/20232,567108303541N/A9/30/20232,43589430612N/A6/30/20232,26684303468N/A3/31/20232,21365100283N/A12/31/20222,11247115306N/A9/30/20222,0242660278N/A6/30/20222,0129207428N/A3/31/20221,9329-33191N/A12/31/20211,8564-4209N/A9/30/20211,798-17-40138N/A6/30/20211,712-28-5147N/A3/31/20211,586-56114235N/A12/31/20201,503-8329136N/A9/30/20201,478-7596171N/A6/30/20201,410-84-5123N/A3/31/20201,393-86-1658N/A12/31/20191,356-84N/A125N/A9/30/20191,320-102N/A68N/A6/30/20191,377-83N/A22N/A3/31/20191,446-65N/A35N/A12/31/20181,515-49N/A-42N/A9/30/20181,572-17N/A-67N/A6/30/20181,598-9N/A14N/A3/31/20181,5750N/A-6N/A12/31/20171,493-3N/A88N/A9/30/20171,3668N/A111N/A6/30/20171,227-21N/A113N/A3/31/20171,102-25N/A125N/A12/31/20161,051-17N/A154N/A9/30/2016350-52N/A187N/A6/30/2016605-19N/A175N/A3/31/2016928-53N/A152N/A12/31/20151,257-41N/A173N/A9/30/20152,2456N/A208N/A6/30/20152,2504N/A189N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: NKT 의 연간 예상 수익 증가율(19.8%)이 saving rate(2%)보다 높습니다.수익 vs 시장: NKT 의 연간 수익(19.8%)이 Danish 시장(9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: NKT 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: NKT 의 수익(연간 10.8%)이 Danish 시장(연간 3.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: NKT 의 수익(연간 10.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: NKT의 자본 수익률은 3년 후 12.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/14 07:10종가2026/06/12 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스NKT A/S는 14명의 분석가가 다루고 있습니다. 이 중 10명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xin WangBarclaysGeorge FeatherstoneBarclaysScott HumphreysBerenberg11명의 분석가 더 보기
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.
분석 기사 • 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...
공시 • 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.
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.
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.
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.
내러티브 업데이트 • Jun 04NKT: Recalibrated Expectations On Power Projects Will Limit Upside PotentialNKT's consensus analyst price target has moved toward DKK 1,070, reflecting a combination of upward revisions, such as the increase to DKK 850, and more cautious views from analysts who now regard the stock as fairly valued at current levels. Analyst Commentary Analysts are split on NKT, with some seeing the current share price as broadly aligned with their targets, while others are flagging less upside and a more balanced risk and reward profile.
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.
내러티브 업데이트 • 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.
분석 기사 • 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.
공시 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
공시 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
공시 • 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.
공시 • 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.
내러티브 업데이트 • 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.
공시 • 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.
내러티브 업데이트 • 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).
내러티브 업데이트 • 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.
공시 • 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.
분석 기사 • 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...
공시 • 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
내러티브 업데이트 • 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.
분석 기사 • 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...
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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...
내러티브 업데이트 • 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.
공시 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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.
공시 • 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.
새로운 내러티브 • 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.
공시 • Nov 15NKT A/S, Annual General Meeting, Mar 19, 2025NKT A/S, Annual General Meeting, Mar 19, 2025.
공시 • 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.
공시 • 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).
공시 • 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.
공시 • 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.
공시 • 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.
