| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
NKT Stock Overview
NKT A/S develops, manufactures, and markets cables, accessories, and solutions worldwide.
NKT Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr.320.80 |
| 52 Week High | kr.347.60 |
| 52 Week Low | kr.215.60 |
| Beta | 1.72 |
| 1 Month Change | -2.55% |
| 3 Month Change | 1.71% |
| 1 Year Change | 14.41% |
| 3 Year Change | 208.46% |
| 5 Year Change | -38.78% |
| Change since IPO | 351.83% |
Recent News & Updates
Are Investors Undervaluing NKT A/S (CPH:NKT) By 33%?
Today we will run through one way of estimating the intrinsic value of NKT A/S ( CPH:NKT ) by projecting its future...
NKT's (CPH:NKT) Earnings Are Of Questionable Quality
Despite posting some strong earnings, the market for NKT A/S' ( CPH:NKT ) stock hasn't moved much. Our analysis...
Shareholder Returns
| NKT | DK Electrical | DK Market | |
|---|---|---|---|
| 7D | 5.4% | 1.6% | 4.8% |
| 1Y | 14.4% | -28.2% | -1.2% |
Return vs Industry: NKT exceeded the Danish Electrical industry which returned -28.2% over the past year.
Return vs Market: NKT exceeded the Danish Market which returned -1.2% over the past year.
Price Volatility
| NKT volatility | |
|---|---|
| NKT Average Weekly Movement | 7.1% |
| Electrical Industry Average Movement | 6.7% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in DK Market | 10.9% |
| 10% least volatile stocks in DK Market | 3.5% |
Stable Share Price: NKT is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: NKT's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1891 | 4,420 | Alexander Kara | https://www.nkt.com |
NKT A/S develops, manufactures, and markets cables, accessories, and solutions worldwide. It operates through Solutions, Applications, Service & Accessories, and NKT Photonics segments. It offers high voltage cable solutions, including high voltage onshore and offshore AC and DC, city, and dynamic cables; medium voltage and universal cables; and low voltage building wires, flexible cables and conduits, control cables, 1 kV cables, and telecom energy cables.
NKT Fundamentals Summary
| NKT fundamental statistics | |
|---|---|
| Market Cap | €1.85b |
| Earnings (TTM) | €9.20m |
| Revenue (TTM) | €2.03b |
201.2x
P/E Ratio0.9x
P/S RatioIs NKT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NKT income statement (TTM) | |
|---|---|
| Revenue | €2.03b |
| Cost of Revenue | €1.34b |
| Gross Profit | €695.40m |
| Other Expenses | €686.20m |
| Earnings | €9.20m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 17, 2022
| Earnings per share (EPS) | 0.21 |
| Gross Margin | 34.23% |
| Net Profit Margin | 0.45% |
| Debt/Equity Ratio | 18.8% |
How did NKT perform over the long term?
See historical performance and comparisonValuation
Is NKT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NKT?
Other financial metrics that can be useful for relative valuation.
| What is NKT's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | €1.85b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1x |
| Enterprise Value/EBITDA | 23.3x |
| PEG Ratio | 3.2x |
Price to Sales Ratio vs Peers
How does NKT's PS Ratio compare to its peers?
| NKT PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.7x | ||
FLS FLSmidth | 0.6x | 6.8% | kr.10.7b |
ROCK B Rockwool | 1.5x | 4.3% | kr.38.3b |
PAAL B Per Aarsleff Holding | 0.3x | 3.6% | kr.4.4b |
SOLAR B Solar | 0.4x | 3.2% | kr.4.7b |
NKT NKT | 0.9x | 11.1% | kr.13.8b |
Price-To-Sales vs Peers: NKT is expensive based on its Price-To-Sales Ratio (0.9x) compared to the peer average (0.7x).
Price to Earnings Ratio vs Industry
How does NKT's PE Ratio compare vs other companies in the European Electrical Industry?
Price-To-Sales vs Industry: NKT is good value based on its Price-To-Sales Ratio (0.9x) compared to the European Electrical industry average (1.8x)
Price to Sales Ratio vs Fair Ratio
What is NKT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.9x |
| Fair PS Ratio | 1.6x |
Price-To-Sales vs Fair Ratio: NKT is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).
Share Price vs Fair Value
What is the Fair Price of NKT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NKT (DKK320.8) is trading below our estimate of fair value (DKK469.63)
Significantly Below Fair Value: NKT is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: NKT is poor value based on its PEG Ratio (3.2x)
Discover undervalued companies
Future Growth
How is NKT forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
4/6Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
62.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NKT's forecast earnings growth (62.4% per year) is above the savings rate (0.09%).
Earnings vs Market: NKT's earnings (62.4% per year) are forecast to grow faster than the Danish market (9.3% per year).
High Growth Earnings: NKT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NKT's revenue (11.1% per year) is forecast to grow faster than the Danish market (6.4% per year).
High Growth Revenue: NKT's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NKT's Return on Equity is forecast to be low in 3 years time (6.6%).
Discover growth companies
Past Performance
How has NKT performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-13.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NKT has a large one-off gain of €22.1M impacting its March 31 2022 financial results.
Growing Profit Margin: NKT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NKT has become profitable over the past 5 years, growing earnings by -13% per year.
Accelerating Growth: NKT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NKT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (26.1%).
Return on Equity
High ROE: NKT's Return on Equity (1.4%) is considered low.
Discover strong past performing companies
Financial Health
How is NKT's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NKT's short term assets (€1.2B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: NKT's short term assets (€1.2B) exceed its long term liabilities (€362.0M).
Debt to Equity History and Analysis
Debt Level: NKT's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: NKT's debt to equity ratio has reduced from 66.9% to 18.8% over the past 5 years.
Debt Coverage: NKT's debt is well covered by operating cash flow (80.8%).
Interest Coverage: NKT's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Dividend
What is NKT current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.70%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NKT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NKT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NKT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NKT's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: NKT is not paying a notable dividend for the Danish market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as NKT has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Alexander Kara (60 yo)
2.83yrs
Tenure
€2,215,200
Compensation
Mr. Alexander Kara is Chief Executive Officer and President at NKT A/S since August 1, 2019. He is an internationally experienced executive in the power distribution industry, with in-depth market knowledg...
CEO Compensation Analysis
Compensation vs Market: Alexander's total compensation ($USD2.35M) is about average for companies of similar size in the Danish market ($USD1.98M).
Compensation vs Earnings: Alexander's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NKT's management team is considered experienced (2.2 years average tenure).
Board Members
Experienced Board: NKT's board of directors are considered experienced (4.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
NKT A/S's employee growth, exchange listings and data sources
Key Information
- Name: NKT A/S
- Ticker: NKT
- Exchange: CPSE
- Founded: 1891
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: kr.13.775b
- Shares outstanding: 42.94m
- Website: https://www.nkt.com
Number of Employees
Location
- NKT A/S
- Vibeholms AllE 20
- Brøndby
- Capital Region of Denmark
- 2605
- Denmark
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.