NKT A/S

CPSE:NKT Stock Report

Market Cap: DKK 43.3b

NKT Valuation

Is NKT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow 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.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: NKT (DKK814.5) is trading below our estimate of future cash flow value (DKK1184.75)

Significantly Below Future Cash Flow Value: NKT is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NKT?

Key metric: As NKT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NKT. This is calculated by dividing NKT's market cap by their current earnings.
What is NKT's PE Ratio?
PE Ratio22x
Earnings€264.00m
Market Cap€5.80b

Price to Earnings Ratio vs Peers

How does NKT's PE Ratio compare to its peers?

The above table shows the PE ratio for NKT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.3x
VWS Vestas Wind Systems
26.7x17.49%DKK 155.1b
FLS FLSmidth
40.5x16.92%DKK 28.6b
PAAL B Per Aarsleff Holding
18.5x10.65%DKK 16.2b
POWL Powell Industries
31.3x12.32%US$6.1b
NKT NKT
22.1x16.14%DKK 44.0b

Price-To-Earnings vs Peers: NKT is good value based on its Price-To-Earnings Ratio (22.1x) compared to the peer average (29.6x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does NKT's PE Ratio compare vs other companies in the European Electrical Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NKT 22.0xIndustry Avg. 22.0xNo. of Companies13PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NKT is good value based on its Price-To-Earnings Ratio (22.1x) compared to the European Electrical industry average (22.2x).

Price to Earnings Ratio vs Fair Ratio

What is NKT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NKT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22x
Fair PE Ratio24.5x

Price-To-Earnings vs Fair Ratio: NKT is good value based on its Price-To-Earnings Ratio (22.1x) compared to the estimated Fair Price-To-Earnings Ratio (24.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NKT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 810.50
DKK 790.28
-2.49%
21.82%DKK 1,008.00DKK 483.00n/a11
Feb ’27DKK 826.00
DKK 764.68
-7.42%
21.95%DKK 1,008.00DKK 435.48n/a11
Jan ’27DKK 798.50
DKK 803.85
+0.67%
24.09%DKK 1,097.00DKK 435.48n/a10
Dec ’26DKK 764.00
DKK 756.70
-0.96%
21.99%DKK 940.00DKK 435.01n/a10
Nov ’26DKK 726.00
DKK 695.10
-4.26%
21.42%DKK 878.00DKK 435.01n/a10
Oct ’26DKK 639.50
DKK 604.23
-5.52%
21.74%DKK 851.00DKK 435.01n/a10
Sep ’26DKK 611.00
DKK 606.73
-0.70%
21.83%DKK 851.00DKK 435.01n/a10
Aug ’26DKK 565.50
DKK 599.50
+6.01%
22.67%DKK 843.00DKK 403.00n/a10
Jul ’26DKK 497.80
DKK 579.60
+16.43%
19.83%DKK 750.00DKK 397.00n/a10
Jun ’26DKK 562.00
DKK 587.68
+4.57%
18.67%DKK 750.00DKK 433.00n/a10
May ’26DKK 543.50
DKK 576.98
+6.16%
18.07%DKK 750.00DKK 433.00n/a10
Apr ’26DKK 474.40
DKK 567.78
+19.68%
19.82%DKK 750.00DKK 423.00n/a10
Mar ’26DKK 490.00
DKK 565.58
+15.42%
20.22%DKK 750.00DKK 423.00DKK 819.5010
Feb ’26DKK 482.60
DKK 580.44
+20.27%
16.96%DKK 720.00DKK 448.00DKK 826.009
Jan ’26DKK 514.50
DKK 617.56
+20.03%
14.31%DKK 730.00DKK 508.00DKK 798.509
Dec ’25DKK 544.50
DKK 618.44
+13.58%
13.61%DKK 730.00DKK 522.00DKK 764.009
Nov ’25DKK 647.50
DKK 622.38
-3.88%
11.09%DKK 700.00DKK 518.00DKK 726.008
Oct ’25DKK 635.00
DKK 620.13
-2.34%
11.57%DKK 700.00DKK 512.00DKK 639.508
Sep ’25DKK 642.00
DKK 620.13
-3.41%
11.57%DKK 700.00DKK 512.00DKK 611.008
Aug ’25DKK 600.50
DKK 602.88
+0.40%
12.30%DKK 700.00DKK 501.00DKK 565.508
Jul ’25DKK 604.00
DKK 592.00
-1.99%
11.82%DKK 670.00DKK 484.00DKK 497.808
Jun ’25DKK 593.00
DKK 559.50
-5.65%
12.06%DKK 670.00DKK 484.00DKK 562.006
May ’25DKK 570.00
DKK 573.80
+0.67%
11.31%DKK 670.00DKK 500.00DKK 543.505
Apr ’25DKK 570.00
DKK 544.75
-4.43%
13.01%DKK 605.00DKK 424.00DKK 474.404
Mar ’25DKK 528.50
DKK 533.50
+0.95%
11.92%DKK 580.00DKK 424.00DKK 490.004
DKK 790.28
Fair Value
2.6% overvalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/06 08:14
End of Day Share Price 2026/03/06 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NKT A/S is covered by 13 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George FeatherstoneBarclays
Xin WangBarclays
Scott HumphreysBerenberg