Market Cap
kr.11.3b
Last Updated
2021/01/16 18:03 UTC
Data Sources
Company Financials +
Executive Summary
NKT A/S develops, manufactures, and markets cables, accessories, and solutions worldwide. More Details
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has NKT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NKT is more volatile than 75% of Danish stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: NKT's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Danish stocks.
Market Performance
7 Day Return
-10.0%
NKT
-4.8%
DK Electrical
-2.1%
DK Market
1 Year Return
75.5%
NKT
37.9%
DK Electrical
23.6%
DK Market
Return vs Industry: NKT exceeded the Danish Electrical industry which returned 38.3% over the past year.
Return vs Market: NKT exceeded the Danish Market which returned 23.9% over the past year.
Shareholder returns
| NKT | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.0% | -4.8% | -2.1% |
| 30 Day | 3.8% | 9.9% | 2.8% |
| 90 Day | 34.3% | 21.2% | 5.2% |
| 1 Year | 98.8%75.5% | 41.3%37.9% | 26.0%23.6% |
| 3 Year | 13.1%-0.2% | 56.6%44.7% | 52.4%40.5% |
| 5 Year | 67.7%-29.5% | 138.3%9.7% | 70.7%48.8% |
Long-Term Price Volatility Vs. Market
How volatile is NKT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
What Kind Of Investors Own Most Of NKT A/S (CPH:NKT)?2 months ago | Simply Wall St
NKT A/S (CPH:NKT) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year3 months ago | Simply Wall St
NKT A/S' (CPH:NKT) Profit OutlookValuation
Is NKT undervalued compared to its fair value and its price relative to the market?
1.34x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: NKT (DKK263.2) is trading above our estimate of fair value (DKK107.69)
Significantly Below Fair Value: NKT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NKT is unprofitable, so we can't compare its PE Ratio to the XE Electrical industry average.
PE vs Market: NKT is unprofitable, so we can't compare its PE Ratio to the Danish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NKT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NKT is good value based on its PB Ratio (1.3x) compared to the XE Electrical industry average (3.2x).
Next Steps
Future Growth
How is NKT forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
71.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NKT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: NKT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NKT's is expected to become profitable in the next 3 years.
Revenue vs Market: NKT's revenue (10.6% per year) is forecast to grow faster than the Danish market (6.8% per year).
High Growth Revenue: NKT's revenue (10.6% 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 (4.4%).
Next Steps
Past Performance
How has NKT performed over the past 5 years?
-34.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NKT is currently unprofitable.
Growing Profit Margin: NKT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NKT is unprofitable, and losses have increased over the past 5 years at a rate of 34.4% per year.
Accelerating Growth: Unable to compare NKT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NKT is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-3.9%).
Return on Equity
High ROE: NKT has a negative Return on Equity (-7.8%), as it is currently unprofitable.
Next Steps
Financial Health
How is NKT's financial position?
Financial Position Analysis
Short Term Liabilities: NKT's short term assets (€749.0M) exceed its short term liabilities (€747.1M).
Long Term Liabilities: NKT's short term assets (€749.0M) exceed its long term liabilities (€418.7M).
Debt to Equity History and Analysis
Debt Level: NKT's debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: NKT's debt to equity ratio has increased from 26.8% to 32.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NKT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NKT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 40.7% per year.
Next Steps
Dividend
What is NKT current dividend yield, its reliability and sustainability?
0.055%
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.
Current Payout to Shareholders
Dividend Coverage: NKT is not paying a notable dividend for the Danish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NKT's dividend in 3 years as they are not forecast to pay a notable one for the Danish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Alexander Kara (59 yo)
1.42yrs
Tenure
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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 1.42yrs | no data | no data | |
| Executive VP & CFO | no data | no data | no data | |
| Executive VP & COO | no data | no data | no data | |
| Executive VP & CTO | 3yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Senior VP of Corporate Affairs & General Counsel | no data | no data | no data | |
| Head of Group Communications | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 5.25yrs | no data | no data | |
| Executive VP & Chief Commercial Officer of HV Solutions | no data | no data | no data | |
| Executive VP | no data | no data | no data | |
| Executive VP & Head of HV Solutions | no data | no data | no data | |
| Executive VP & Head of HV Solutions Cologne | no data | no data | no data |
3.0yrs
Average Tenure
45yo
Average Age
Experienced Management: NKT's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 8yrs | €120.00k | 0.085% € 9.7m | |
| Deputy Chairman | 4.75yrs | €80.00k | 0.0093% € 1.1m | |
| Director | 17yrs | €80.00k | 0.0012% € 135.7k | |
| Director | 3.25yrs | €40.00k | no data | |
| Non-Executive Director | 5.83yrs | €80.00k | no data | |
| Director | 0.58yr | no data | no data | |
| Employee Representative Director | 3yrs | €30.00k | no data | |
| Employee Representative Director | 1.08yrs | no data | no data | |
| Employee representative Director | 0.083yr | no data | no data |
3.3yrs
Average Tenure
57yo
Average Age
Experienced Board: NKT's board of directors are considered experienced (3.3 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 been substantially diluted in the past year, with total shares outstanding growing by 57.7%.
Top Shareholders
Company Information
NKT A/S's company bio, 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
- Market Cap: kr.11.311b
- Shares outstanding: 42.98m
- Website: https://www.nkt.com
Number of Employees
Location
- NKT A/S
- Vibeholms Allé 20
- Brøndby
- Capital Region of Denmark
- 2605
- Denmark
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NKT | CPSE (OMX Nordic Exchange Copenhagen) | Yes | Ordinary Shares | DK | DKK | Jan 1992 |
| 0MGC | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | DKK | Jan 1992 |
| NKT | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| NKTC | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | DKK | Jan 1992 |
Biography
NKT A/S develops, manufactures, and markets cables, accessories, and solutions worldwide. It operates through four segments: Solutions, Applications, Service & Accessories, and NKT Photonics. It offers low...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 18:03 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.