NKT A/S' (CPH:NKT) Share Price Not Quite Adding Up
Apr 28
Danish (OMX) Electrical Industry Analysis
UpdatedApr 30, 2024
DataAggregated Company Financials
Companies5
- 7D1.5%
- 3M-1.2%
- 1Y3.0%
- YTD-7.4%
The Electrical industry has been flat over the last week, but Green Hydrogen Systems has lost 4.7%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the Danish Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 Apr 2024 | kr.219.3b | kr.134.2b | kr.948.6m | 181.7x | 231.2x | 1.6x |
| Thu, 28 Mar 2024 | kr.226.3b | kr.134.1b | kr.924.4m | 188.2x | 244.8x | 1.7x |
| Sat, 24 Feb 2024 | kr.207.1b | kr.134.0b | kr.995.2m | 172.7x | 208.1x | 1.5x |
| Mon, 22 Jan 2024 | kr.216.7b | kr.133.0b | -kr.4,283,743,729.00 | 38.1x | -50.6x | 1.6x |
| Wed, 20 Dec 2023 | kr.220.5b | kr.133.0b | -kr.4,283,697,422.00 | 36.8x | -51.5x | 1.7x |
| Fri, 17 Nov 2023 | kr.198.1b | kr.133.0b | -kr.4,284,694,605.00 | 31.7x | -46.2x | 1.5x |
| Sun, 15 Oct 2023 | kr.169.6b | kr.128.5b | -kr.5,635,190,867.00 | 30.3x | -30.1x | 1.3x |
| Tue, 12 Sep 2023 | kr.166.8b | kr.128.5b | -kr.5,634,236,791.00 | 30.4x | -29.6x | 1.3x |
| Thu, 10 Aug 2023 | kr.199.6b | kr.127.0b | -kr.5,754,975,377.00 | 44x | -34.7x | 1.6x |
| Sat, 08 Jul 2023 | kr.201.9b | kr.126.9b | -kr.5,750,735,851.00 | 44.9x | -35.1x | 1.6x |
| Mon, 05 Jun 2023 | kr.226.2b | kr.126.9b | -kr.5,751,191,833.00 | 38.3x | -39.3x | 1.8x |
| Wed, 03 May 2023 | kr.205.4b | kr.123.7b | -kr.11,703,759,385.00 | 43.5x | -17.5x | 1.7x |
| Fri, 31 Mar 2023 | kr.217.1b | kr.123.7b | -kr.11,697,116,498.00 | 43.6x | -18.6x | 1.8x |
| Sun, 26 Feb 2023 | kr.216.3b | kr.123.6b | -kr.11,630,573,716.00 | 42.1x | -18.6x | 1.8x |
| Tue, 24 Jan 2023 | kr.226.2b | kr.121.8b | -kr.7,525,515,162.00 | 136.2x | -30.1x | 1.9x |
| Thu, 22 Dec 2022 | kr.213.1b | kr.121.7b | -kr.7,525,224,100.00 | 126.3x | -28.3x | 1.8x |
| Sat, 19 Nov 2022 | kr.192.2b | kr.121.7b | -kr.7,470,458,138.00 | 85.3x | -25.7x | 1.6x |
| Mon, 17 Oct 2022 | kr.159.6b | kr.133.7b | -kr.5,698,244,036.00 | 1824.1x | -28x | 1.2x |
| Wed, 14 Sep 2022 | kr.203.7b | kr.133.7b | -kr.5,942,248,073.00 | 1937.5x | -34.3x | 1.5x |
| Fri, 12 Aug 2022 | kr.220.0b | kr.133.3b | -kr.5,938,673,681.00 | 244.6x | -37x | 1.7x |
| Sun, 10 Jul 2022 | kr.187.0b | kr.134.9b | -kr.4,390,586,962.00 | 206.1x | -42.6x | 1.4x |
| Tue, 07 Jun 2022 | kr.191.5b | kr.135.1b | -kr.4,394,632,316.00 | 211.9x | -43.6x | 1.4x |
| Thu, 05 May 2022 | kr.191.5b | kr.134.4b | -kr.4,490,163,520.00 | n/a | -42.7x | 1.4x |
| Sat, 02 Apr 2022 | kr.227.0b | kr.130.4b | kr.696.6m | 170x | 325.9x | 1.7x |
| Mon, 28 Feb 2022 | kr.204.3b | kr.130.7b | kr.756.3m | 85x | 270.1x | 1.6x |
| Wed, 26 Jan 2022 | kr.181.3b | kr.127.8b | kr.4.7b | 24.4x | 38.9x | 1.4x |
| Fri, 24 Dec 2021 | kr.213.4b | kr.127.8b | kr.4.7b | 28x | 45.8x | 1.7x |
| Sun, 21 Nov 2021 | kr.243.0b | kr.127.9b | kr.4.7b | 27.9x | 52.1x | 1.9x |
| Tue, 19 Oct 2021 | kr.265.5b | kr.121.3b | kr.5.8b | 25.4x | 45.8x | 2.2x |
| Thu, 16 Sep 2021 | kr.271.6b | kr.121.2b | kr.5.8b | 25.6x | 46.9x | 2.2x |
| Sat, 14 Aug 2021 | kr.260.0b | kr.121.2b | kr.5.8b | 24.3x | 44.9x | 2.1x |
| Wed, 09 Jun 2021 | kr.251.0b | kr.120.2b | kr.5.3b | 27.9x | 47x | 2.1x |
Price to Earnings Ratio
50.8x
Current Industry PE
- Investors are optimistic on the Danish Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 229x which is higher than its 3-year average PE of 30.2x.
- The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have declined 44% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Danish Industrials industry?
| DK Market | 0.82% | |
| Industrials | 0.78% | |
| Electrical | 1.49% | |
| Electrical Components | 3.07% | |
| Heavy Electrical Equipment | 1.23% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 83.0x.
- Analysts are expecting annual earnings growth of 36.2% and investors are willing to pay a premium for that growth.
- Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 36% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VWS Vestas Wind Systems | kr.188.40 | 1.5% +kr.2.8b | 0.9% | PE330.1x | |
| NKT NKT | kr.584.00 | 3.2% +kr.965.4m | 66.1% | PE38.9x | |
| LEDIBOND LED iBond International | kr.0.29 | 3.6% +kr.387.1k | -63.7% | PS2.3x | |
| NTR B NTR Holding | kr.4.16 | 3.5% +kr.346.5k | -25.2% | PB0.9x |