NKT A/S

LSE:0MGC Stock Report

Market Cap: DKK 30.1b

NKT Valuation

Is 0MGC 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 0MGC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0MGC (DKK563) is trading above our estimate of fair value (DKK21.5)

Significantly Below Fair Value: 0MGC is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0MGC?

Key metric: As 0MGC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0MGC. This is calculated by dividing 0MGC's market cap by their current earnings.
What is 0MGC's PE Ratio?
PE Ratio20.2x
Earnings€199.80m
Market Cap€4.04b

Price to Earnings Ratio vs Peers

How does 0MGC's PE Ratio compare to its peers?

The above table shows the PE ratio for 0MGC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.4x
DSCV discoverIE Group
42x18.8%UK£651.4m
VLX Volex
15.8x13.5%UK£545.7m
TFW FW Thorpe
16.7xn/aUK£406.0m
LUCE Luceco
11.1x7.4%UK£203.0m
0MGC NKT
20.2x5.9%DKK 30.1b

Price-To-Earnings vs Peers: 0MGC is good value based on its Price-To-Earnings Ratio (20.2x) compared to the peer average (21.4x).

Price to Earnings Ratio vs Industry

How does 0MGC's PE Ratio compare vs other companies in the European Electrical Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0MGC 20.2xIndustry Avg. 16.9xNo. of Companies9PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0MGC is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the European Electrical industry average (17x).

Price to Earnings Ratio vs Fair Ratio

What is 0MGC'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.

0MGC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.2x
Fair PE Ratio17.8x

Price-To-Earnings vs Fair Ratio: 0MGC is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the estimated Fair Price-To-Earnings Ratio (17.8x).

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 0MGC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 566.96
DKK 628.38
+10.8%
13.4%DKK 730.00DKK 518.00n/a8
Nov ’25DKK 646.13
DKK 622.38
-3.7%
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 640.00
DKK 620.13
-3.1%
11.6%DKK 700.00DKK 512.00n/a8
Aug ’25DKK 610.06
DKK 602.88
-1.2%
12.3%DKK 700.00DKK 501.00n/a8
Jul ’25DKK 604.64
DKK 592.00
-2.1%
11.8%DKK 670.00DKK 484.00n/a8
Jun ’25DKK 598.50
DKK 559.50
-6.5%
12.1%DKK 670.00DKK 484.00n/a6
May ’25DKK 571.00
DKK 573.80
+0.5%
11.3%DKK 670.00DKK 500.00n/a5
Apr ’25DKK 572.63
DKK 544.75
-4.9%
13.0%DKK 605.00DKK 424.00n/a4
Mar ’25DKK 527.13
DKK 533.50
+1.2%
11.9%DKK 580.00DKK 424.00n/a4
Feb ’25DKK 481.05
DKK 518.50
+7.8%
10.9%DKK 570.00DKK 424.00n/a4
Jan ’25DKK 464.80
DKK 474.75
+2.1%
11.5%DKK 530.00DKK 394.00n/a4
Dec ’24DKK 430.58
DKK 474.75
+10.3%
11.5%DKK 530.00DKK 394.00n/a4
Nov ’24DKK 345.40
DKK 470.00
+36.1%
15.7%DKK 540.00DKK 350.00DKK 646.134
Oct ’24DKK 374.80
DKK 470.00
+25.4%
15.7%DKK 540.00DKK 350.00DKK 635.004
Sep ’24DKK 373.37
DKK 439.94
+17.8%
18.4%DKK 540.00DKK 339.72DKK 640.005
Aug ’24DKK 386.45
DKK 446.14
+15.4%
17.7%DKK 550.00DKK 339.72DKK 610.065
Jul ’24DKK 414.00
DKK 404.16
-2.4%
17.1%DKK 500.00DKK 339.72DKK 604.643
Jun ’24DKK 425.20
DKK 425.33
+0.03%
12.9%DKK 500.00DKK 370.00DKK 598.503
May ’24DKK 353.78
DKK 425.75
+20.3%
13.2%DKK 500.00DKK 370.00DKK 571.004
Apr ’24DKK 357.00
DKK 427.75
+19.8%
12.7%DKK 500.00DKK 370.00DKK 572.634
Mar ’24DKK 326.80
DKK 414.00
+26.7%
9.4%DKK 460.00DKK 370.00DKK 527.134
Feb ’24DKK 429.18
DKK 432.75
+0.8%
7.5%DKK 460.00DKK 381.00DKK 481.054
Jan ’24DKK 399.70
DKK 430.50
+7.7%
8.3%DKK 460.00DKK 372.00DKK 464.804
Dec ’23DKK 386.00
DKK 425.50
+10.2%
7.7%DKK 460.00DKK 372.00DKK 430.584
Nov ’23DKK 381.03
DKK 420.50
+10.4%
6.7%DKK 440.00DKK 372.00DKK 345.404

Analyst Forecast: Target price is less than 20% higher than the current share price.

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