Kongsberg Gruppen ASA

BATS-CHIXE:KOGO Stock Report

Market Cap: NOK 226.6b

Kongsberg Gruppen Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 KOGO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KOGO (NOK1271.5) is trading above our estimate of fair value (NOK628.97)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KOGO. This is calculated by dividing KOGO's market cap by their current earnings.
What is KOGO's PE Ratio?
PE Ratio47x
EarningsNOK 4.83b
Market CapNOK 226.57b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KOGO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.2x
RR. Rolls-Royce Holdings
19.8x-0.09%UK£46.1b
BA. BAE Systems
21.7x7.7%UK£39.9b
QQ. QinetiQ Group
17.5x13.9%UK£2.4b
BAB Babcock International Group
13.8x14.2%UK£2.6b
KOGO Kongsberg Gruppen
46.4x15.7%NOK 223.9b

Price-To-Earnings vs Peers: KOGO is expensive based on its Price-To-Earnings Ratio (46.4x) compared to the peer average (18x).

Price to Earnings Ratio vs Industry

How does KOGO's PE Ratio compare vs other companies in the European Aerospace & Defense Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies9PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KOGO is expensive based on its Price-To-Earnings Ratio (46.4x) compared to the European Aerospace & Defense industry average (23.4x).

Price to Earnings Ratio vs Fair Ratio

What is KOGO'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.

KOGO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio47x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KOGO's Price-To-Earnings Fair Ratio for valuation analysis.

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 KOGO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 1,286.50
NOK 1,163.14
-9.6%
20.5%NOK 1,500.00NOK 806.00n/a7
Nov ’25n/a
NOK 1,145.00
0%
20.1%NOK 1,500.00NOK 806.00n/a7
Oct ’25n/a
NOK 1,078.43
0%
21.0%NOK 1,500.00NOK 770.00n/a7
Sep ’25NOK 1,097.50
NOK 1,062.71
-3.2%
23.5%NOK 1,500.00NOK 660.00n/a7
Aug ’25NOK 1,062.50
NOK 1,062.71
+0.02%
23.5%NOK 1,500.00NOK 660.00n/a7
Jul ’25n/a
NOK 949.86
0%
26.8%NOK 1,500.00NOK 600.00n/a7
Jun ’25n/a
NOK 801.14
0%
12.3%NOK 875.00NOK 570.00n/a7
May ’25n/a
NOK 797.57
0%
13.4%NOK 875.00NOK 545.00n/a7
Apr ’25n/a
NOK 619.57
0%
12.2%NOK 685.00NOK 467.00n/a7
Mar ’25n/a
NOK 619.57
0%
12.2%NOK 685.00NOK 467.00n/a7
Feb ’25NOK 529.50
NOK 490.83
-7.3%
23.9%NOK 600.00NOK 250.00n/a6
Jan ’25n/a
NOK 486.67
0%
23.3%NOK 575.00NOK 250.00n/a6
Dec ’24n/a
NOK 495.17
0%
22.8%NOK 575.00NOK 250.00n/a6
Nov ’24NOK 469.20
NOK 495.17
+5.5%
22.8%NOK 575.00NOK 250.00n/a6
Oct ’24n/a
NOK 483.33
0%
22.2%NOK 550.00NOK 250.00n/a6
Sep ’24n/a
NOK 480.83
0%
22.4%NOK 550.00NOK 250.00NOK 1,097.506
Aug ’24n/a
NOK 480.83
0%
22.4%NOK 550.00NOK 250.00NOK 1,062.506
Jul ’24NOK 479.80
NOK 484.17
+0.9%
22.2%NOK 550.00NOK 250.00n/a6
Jun ’24NOK 453.10
NOK 456.00
+0.6%
23.3%NOK 550.00NOK 250.00n/a5
May ’24n/a
NOK 455.00
0%
23.3%NOK 550.00NOK 250.00n/a5
Apr ’24NOK 428.70
NOK 376.25
-12.2%
19.5%NOK 425.00NOK 250.00n/a4
Mar ’24NOK 436.40
NOK 376.25
-13.8%
19.5%NOK 425.00NOK 250.00n/a4
Feb ’24NOK 395.00
NOK 375.75
-4.9%
19.5%NOK 425.00NOK 250.00NOK 529.504
Jan ’24n/a
NOK 369.50
0%
18.9%NOK 425.00NOK 250.00n/a4
Dec ’23NOK 400.00
NOK 369.50
-7.6%
18.9%NOK 425.00NOK 250.00n/a4
Nov ’23NOK 370.60
NOK 366.25
-1.2%
18.7%NOK 425.00NOK 250.00NOK 469.204

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

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