Kitron ASA

LSE:0F0J Stock Report

Market Cap: NOK 7.7b

Kitron Valuation

Is 0F0J undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 0F0J when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
NOK 40.44
Fair Value
4.1% undervalued intrinsic discount
4
Number of Analysts

Below Fair Value: 0F0J (NOK38.8) is trading below our estimate of fair value (NOK40.44)

Significantly Below Fair Value: 0F0J is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0F0J?

Key metric: As 0F0J is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0F0J. This is calculated by dividing 0F0J's market cap by their current earnings.
What is 0F0J's PE Ratio?
PE Ratio18.5x
Earnings€35.50m
Market Cap€658.05m

Price to Earnings Ratio vs Peers

How does 0F0J's PE Ratio compare to its peers?

The above table shows the PE ratio for 0F0J vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.3x
GHH Gooch & Housego
34.6x33.5%UK£113.3m
BIG Big Technologies
27.4x26.7%UK£343.4m
MIDW Midwich Group
12.1x-0.4%UK£272.1m
OXIG Oxford Instruments
23.2x10.7%UK£1.2b
0F0J Kitron
18.5x15.8%NOK 7.7b

Price-To-Earnings vs Peers: 0F0J is good value based on its Price-To-Earnings Ratio (18.5x) compared to the peer average (24.3x).

Price to Earnings Ratio vs Industry

How does 0F0J's PE Ratio compare vs other companies in the European Electronic Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0F0J 18.5xIndustry Avg. 19.9xNo. of Companies14PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0F0J is good value based on its Price-To-Earnings Ratio (18.5x) compared to the European Electronic industry average (19.3x).

Price to Earnings Ratio vs Fair Ratio

What is 0F0J'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.

0F0J PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.5x
Fair PE Ratio27.3x

Price-To-Earnings vs Fair Ratio: 0F0J is good value based on its Price-To-Earnings Ratio (18.5x) compared to the estimated Fair Price-To-Earnings Ratio (27.3x).

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 0F0J forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 38.80
NOK 37.00
-4.6%
11.9%NOK 42.00NOK 30.00n/a4
Jan ’26NOK 33.82
NOK 34.67
+2.5%
9.5%NOK 37.00NOK 30.00n/a3
Dec ’25NOK 31.66
NOK 34.00
+7.4%
8.7%NOK 37.00NOK 30.00n/a3
Nov ’25NOK 30.36
NOK 34.00
+12.0%
8.7%NOK 37.00NOK 30.00n/a3
Oct ’25NOK 28.54
NOK 34.67
+21.5%
16.5%NOK 42.00NOK 28.00n/a3
Sep ’25NOK 34.86
NOK 34.67
-0.6%
16.5%NOK 42.00NOK 28.00n/a3
Aug ’25NOK 36.56
NOK 34.67
-5.2%
16.5%NOK 42.00NOK 28.00n/a3
Jul ’25NOK 31.58
NOK 33.00
+4.5%
11.3%NOK 37.00NOK 28.00n/a3
Jun ’25NOK 33.60
NOK 33.67
+0.2%
12.0%NOK 37.00NOK 28.00n/a3
May ’25NOK 28.76
NOK 34.67
+20.5%
14.4%NOK 40.00NOK 28.00n/a3
Apr ’25NOK 33.91
NOK 40.00
+18.0%
5.4%NOK 42.00NOK 37.00n/a3
Mar ’25NOK 36.40
NOK 40.00
+9.9%
5.4%NOK 42.00NOK 37.00n/a3
Feb ’25NOK 32.53
NOK 37.50
+15.3%
1.3%NOK 38.00NOK 37.00NOK 38.802
Jan ’25NOK 33.47
NOK 37.50
+12.1%
1.3%NOK 38.00NOK 37.00NOK 33.822
Dec ’24NOK 32.15
NOK 37.50
+16.6%
1.3%NOK 38.00NOK 37.00NOK 31.662
Nov ’24NOK 28.76
NOK 37.50
+30.4%
1.3%NOK 38.00NOK 37.00NOK 30.362
Oct ’24NOK 35.45
NOK 46.00
+29.7%
8.7%NOK 50.00NOK 42.00NOK 28.542
Sep ’24NOK 37.90
NOK 46.00
+21.4%
8.7%NOK 50.00NOK 42.00NOK 34.862
Aug ’24NOK 37.57
NOK 46.00
+22.4%
8.7%NOK 50.00NOK 42.00NOK 36.562
Jul ’24NOK 43.55
NOK 49.00
+12.5%
2.0%NOK 50.00NOK 48.00NOK 31.582
Jun ’24NOK 46.18
NOK 49.00
+6.1%
2.0%NOK 50.00NOK 48.00NOK 33.602
May ’24NOK 40.14
NOK 36.00
-10.3%
11.1%NOK 40.00NOK 32.00NOK 28.762
Apr ’24NOK 36.59
NOK 33.50
-8.4%
4.5%NOK 35.00NOK 32.00NOK 33.912
Mar ’24NOK 34.81
NOK 33.50
-3.8%
4.5%NOK 35.00NOK 32.00NOK 36.402
Analyst Price Target
Consensus Narrative from 4 Analysts
NOK 36.98
Fair Value
4.9% 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 Analysis2025/01/31 11:52
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

Kitron ASA is covered by 10 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
Magnus GranerødBeringer Finance AB
Christoffer BjørnsenDNB Markets