NKT A/S

CPSE:NKT Stock Report

Market Cap: DKK 25.9b

NKT Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

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.

Discounted Cash Flow
Simply Wall St
DKK 211.95
Fair Value
127.7% overvalued intrinsic discount
9
Number of Analysts

Below Fair Value: NKT (DKK482.6) is trading above our estimate of fair value (DKK211.95)

Significantly Below Fair Value: NKT is trading above our estimate of fair value.

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 Ratio17.4x
Earnings€199.80m
Market Cap€3.47b

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 Average21.3x
FLS FLSmidth
25.4x1.9%DKK 21.3b
ROCK B Rockwool
14x0.7%DKK 53.7b
PAAL B Per Aarsleff Holding
10.9x5.4%DKK 8.8b
3665 Bizlink Holding
34.9x36.9%NT$116.8b
NKT NKT
17.4x8.5%DKK 25.9b

Price-To-Earnings vs Peers: NKT is good value based on its Price-To-Earnings Ratio (17.4x) compared to the peer average (21.3x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NKT 17.4xIndustry Avg. 16.5xNo. of Companies12PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NKT is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the European Electrical industry average (16.5x).

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 Ratio17.4x
Fair PE Ratio16x

Price-To-Earnings vs Fair Ratio: NKT is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the estimated Fair Price-To-Earnings Ratio (16x).

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 482.60
DKK 580.44
+20.3%
17.0%DKK 720.00DKK 448.00n/a9
Jan ’26DKK 514.50
DKK 617.56
+20.0%
14.3%DKK 730.00DKK 508.00n/a9
Dec ’25DKK 544.50
DKK 618.44
+13.6%
13.6%DKK 730.00DKK 522.00n/a9
Nov ’25DKK 647.50
DKK 622.38
-3.9%
11.1%DKK 700.00DKK 518.00n/a8
Oct ’25DKK 635.00
DKK 620.13
-2.3%
11.6%DKK 700.00DKK 512.00n/a8
Sep ’25DKK 642.00
DKK 620.13
-3.4%
11.6%DKK 700.00DKK 512.00n/a8
Aug ’25DKK 600.50
DKK 602.88
+0.4%
12.3%DKK 700.00DKK 501.00n/a8
Jul ’25DKK 604.00
DKK 592.00
-2.0%
11.8%DKK 670.00DKK 484.00n/a8
Jun ’25DKK 593.00
DKK 559.50
-5.6%
12.1%DKK 670.00DKK 484.00n/a6
May ’25DKK 570.00
DKK 573.80
+0.7%
11.3%DKK 670.00DKK 500.00n/a5
Apr ’25DKK 570.00
DKK 544.75
-4.4%
13.0%DKK 605.00DKK 424.00n/a4
Mar ’25DKK 528.50
DKK 533.50
+0.9%
11.9%DKK 580.00DKK 424.00n/a4
Feb ’25DKK 483.20
DKK 518.50
+7.3%
10.9%DKK 570.00DKK 424.00DKK 482.604
Jan ’25DKK 463.80
DKK 474.75
+2.4%
11.5%DKK 530.00DKK 394.00DKK 514.504
Dec ’24DKK 431.40
DKK 474.75
+10.0%
11.5%DKK 530.00DKK 394.00DKK 544.504
Nov ’24DKK 347.80
DKK 470.00
+35.1%
15.7%DKK 540.00DKK 350.00DKK 647.504
Oct ’24DKK 369.00
DKK 470.00
+27.4%
15.7%DKK 540.00DKK 350.00DKK 635.004
Sep ’24DKK 372.40
DKK 439.94
+18.1%
18.4%DKK 540.00DKK 339.72DKK 642.005
Aug ’24DKK 389.20
DKK 446.14
+14.6%
17.7%DKK 550.00DKK 339.72DKK 600.505
Jul ’24DKK 413.80
DKK 404.16
-2.3%
17.1%DKK 500.00DKK 339.72DKK 604.003
Jun ’24DKK 425.20
DKK 425.33
+0.03%
12.9%DKK 500.00DKK 370.00DKK 593.003
May ’24DKK 360.60
DKK 425.75
+18.1%
13.2%DKK 500.00DKK 370.00DKK 570.004
Apr ’24DKK 357.00
DKK 427.75
+19.8%
12.7%DKK 500.00DKK 370.00DKK 570.004
Mar ’24DKK 326.80
DKK 414.00
+26.7%
9.4%DKK 460.00DKK 370.00DKK 528.504
Feb ’24DKK 430.60
DKK 432.75
+0.5%
7.5%DKK 460.00DKK 381.00DKK 483.204
Analyst Price Target
Consensus Narrative from 9 Analysts
DKK 580.44
Fair Value
16.9% undervalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 23:44
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

NKT A/S is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xin WangBarclays
Bastien AgaudBerenberg
Claus Almer NielsenCarnegie Investment Bank AB