Kitron ASA

BATS-CHIXE:KITO Stock Report

Market Cap: NOK 23.2b

Kitron Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 KITO 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: KITO (NOK106.05) is trading below our estimate of future cash flow value (NOK243.83)

Significantly Below Future Cash Flow Value: KITO 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 KITO?

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

The above table shows the Price to Earnings ratio for KITO. This is calculated by dividing KITO's market cap by their current earnings.
What is KITO's PE Ratio?
PE Ratio47.2x
Earnings€43.80m
Market Cap€2.07b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KITO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average75.9x
GHH Gooch & Housego
65.8x38.42%UK£229.9m
OXIG Oxford Instruments
94.1x37.78%UK£1.5b
RSW Renishaw
41.2x22.95%UK£3.1b
RPI Raspberry Pi Holdings
102.5x21.94%UK£722.7m
KITO Kitron
47.2x26.45%NOK 23.2b

Price-To-Earnings vs Peers: KITO is good value based on its Price-To-Earnings Ratio (47.2x) compared to the peer average (75.8x).

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 KITO's PE Ratio compare vs other companies in the European Electronic Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies15PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KITO is expensive based on its Price-To-Earnings Ratio (47.2x) compared to the European Electronic industry average (24.1x).

Price to Earnings Ratio vs Fair Ratio

What is KITO'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.

KITO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio47.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KITO'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 KITO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 107.80
NOK 101.50
-5.84%
1.97%NOK 104.63NOK 99.65n/a4
Feb ’27NOK 81.88
NOK 79.87
-2.45%
12.40%NOK 95.38NOK 67.79n/a4
Jan ’27n/a
NOK 77.34
0%
5.96%NOK 80.10NOK 69.36n/a4
Dec ’26NOK 60.53
NOK 75.10
+24.09%
5.33%NOK 80.06NOK 68.89n/a4
Nov ’26n/a
NOK 74.50
0%
5.59%NOK 79.88NOK 68.18n/a4
Oct ’26n/a
NOK 64.71
0%
5.70%NOK 69.84NOK 59.41n/a4
Sep ’26n/a
NOK 64.71
0%
5.70%NOK 69.84NOK 59.41n/a4
Aug ’26n/a
NOK 65.30
0%
5.70%NOK 70.48NOK 59.95n/a4
Jul ’26n/a
NOK 54.59
0%
11.23%NOK 58.75NOK 44.02n/a4
Jun ’26n/a
NOK 55.44
0%
11.08%NOK 60.09NOK 45.03n/a4
May ’26n/a
NOK 55.44
0%
11.08%NOK 60.09NOK 45.03n/a4
Apr ’26NOK 45.53
NOK 45.61
+0.18%
21.53%NOK 57.05NOK 33.17n/a4
Mar ’26n/a
NOK 38.98
0%
9.59%NOK 42.96NOK 33.97NOK 106.053
Feb ’26n/a
NOK 35.14
0%
11.16%NOK 38.99NOK 29.76NOK 81.883
Jan ’26n/a
NOK 34.41
0%
9.81%NOK 37.05NOK 29.65n/a3
Dec ’25n/a
NOK 34.00
0%
8.59%NOK 37.04NOK 30.06NOK 60.533
Nov ’25n/a
NOK 34.00
0%
8.59%NOK 37.04NOK 30.06n/a3
Oct ’25n/a
NOK 34.86
0%
16.52%NOK 42.14NOK 28.06n/a3
Sep ’25n/a
NOK 34.70
0%
16.61%NOK 41.97NOK 27.87n/a3
Aug ’25n/a
NOK 34.70
0%
16.61%NOK 41.97NOK 27.87n/a3
Jul ’25n/a
NOK 32.78
0%
12.72%NOK 37.13NOK 27.16n/a3
Jun ’25n/a
NOK 32.95
0%
12.93%NOK 37.00NOK 27.06n/a3
May ’25n/a
NOK 34.78
0%
14.68%NOK 40.33NOK 28.01n/a3
Apr ’25n/a
NOK 40.04
0%
5.38%NOK 42.06NOK 37.06NOK 45.533
Mar ’25n/a
NOK 40.04
0%
5.38%NOK 42.06NOK 37.06n/a3
NOK 101.36
Fair Value
4.6% overvalued intrinsic discount
4
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 Analysis2026/03/02 17:03
End of Day Share Price 2026/02/23 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

Kitron ASA is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Simen MortensenDNB Carnegie
Christoffer BjørnsenDNB Carnegie