OB:KOA

Stock Analysis Report

Kongsberg Automotive

Executive Summary

Kongsberg Automotive ASA develops, manufactures, and sells products to the automotive industry worldwide.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Risks

  • Kongsberg Automotive has significant price volatility in the past 3 months.
  • Kongsberg Automotive is not covered by any analysts.

Similar Companies

Share Price & News

How has Kongsberg Automotive's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.9%

OB:KOA

0.4%

NO Auto Components

2.1%

NO Market


1 Year Return

-41.9%

OB:KOA

-17.4%

NO Auto Components

-9.3%

NO Market

KOA underperformed the Auto Components industry which returned -17.4% over the past year.

KOA underperformed the Market in Norway which returned -9.3% over the past year.


Share holder returns

KOAIndustryMarket
7 Day-5.9%0.4%2.1%
30 Day-2.2%15.9%8.2%
90 Day-11.5%-0.8%2.6%
1 Year-41.9%-41.9%-14.5%-17.4%-4.2%-9.3%
3 Year-9.7%-9.7%-11.8%-18.9%49.8%30.2%
5 Year-24.5%-24.5%19.2%5.7%50.8%15.3%

Price Volatility Vs. Market

How volatile is Kongsberg Automotive's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kongsberg Automotive undervalued based on future cash flows and its price relative to the stock market?

8.21x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Kongsberg Automotive to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Kongsberg Automotive to establish if it is available at substantial discount.


Price Based on Earnings

Kongsberg Automotive is good value based on earnings compared to the Europe Auto Components industry average.

Kongsberg Automotive is good value based on earnings compared to the Norway market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Kongsberg Automotive, we can't assess if its growth is good value.


Price Based on Value of Assets

Kongsberg Automotive is good value based on assets compared to the Europe Auto Components industry average.


Next Steps

Future Growth

How is Kongsberg Automotive expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Kongsberg Automotive is high growth as no revenue estimate data is available.

Kongsberg Automotive's earnings are expected to grow by 17.6% yearly, however this is not considered high growth (20% yearly).

Unable to compare Kongsberg Automotive's revenue growth to the Norway market average as no estimate data is available.

Kongsberg Automotive's earnings growth is expected to exceed the Norway market average.

Kongsberg Automotive's earnings growth is expected to exceed the low risk savings rate of 1.8%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Kongsberg Automotive will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Kongsberg Automotive performed over the past 5 years?

25.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Kongsberg Automotive has delivered over 20% year on year earnings growth in the past 5 years.

Kongsberg Automotive's 1-year earnings growth exceeds its 5-year average (917.9% vs 25.1%)

Kongsberg Automotive's earnings growth has exceeded the Europe Auto Components industry average in the past year (917.9% vs -6.3%).


Return on Equity

Kongsberg Automotive has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Kongsberg Automotive used its assets less efficiently than the Europe Auto Components industry average last year based on Return on Assets.


Return on Capital Employed

Kongsberg Automotive's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Kongsberg Automotive's financial position?


Financial Position Analysis

Kongsberg Automotive is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Kongsberg Automotive's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Kongsberg Automotive's level of debt (102.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (130.8% vs 102.3% today).

Debt is not well covered by operating cash flow (4.6%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.5x debt.


Next Steps

Dividend

What is Kongsberg Automotive's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Kongsberg Automotive's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Kongsberg Automotive's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Kongsberg Automotive has not reported any payouts.

Unable to verify if Kongsberg Automotive's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Kongsberg Automotive has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Kongsberg Automotive's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Henning Jensen (59yo)

3.3yrs

Tenure

0

Mr. Henning Eskild Jensen, MBA has been Chief Executive Officer of Kongsberg Automotive ASA since June 10, 2016 and serves as its President. Mr. Jensen served as the Chief Executive Officer at Atex Group  ...


Management Age and Tenure

1.8yrs

Average Tenure

The average tenure for the Kongsberg Automotive management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.3yrs

Average Tenure

59yo

Average Age

The average tenure for the Kongsberg Automotive board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buy€159,00021 Mar 19
Ralf Voss
EntityIndividual
Shares20,000
Max Price€7.95
Buy€125,86018 Mar 19
Bob Riedford
EntityIndividual
Role
Senior Key Executive
President of Powertrain & Chassis Products
Shares15,500
Max Price€8.12
Buy€166,60012 Mar 19
Marcus von Pock
EntityIndividual
Role
Head of Corporate Communications
Executive Vice President of Human Resources & Communications
Shares21,250
Max Price€7.84
Buy€199,25007 Mar 19
Norbert Loers
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares25,000
Max Price€7.97
Buy€400,87501 Mar 19
Henning Jensen
EntityIndividual
Role
Chief Executive Officer
CEO & President
Shares50,000
Max Price€8.02
Buy€23,77220 Nov 18
David Redfearn
EntityIndividual
Shares2,800
Max Price€8.49
Buy€41,19608 Nov 18
Henning Jensen
EntityIndividual
Role
Chief Executive Officer
CEO & President
Shares5,000
Max Price€8.24
Buy€174,18008 Nov 18
Henning Jensen
EntityIndividual
Role
Chief Executive Officer
CEO & President
Shares20,000
Max Price€8.71

Ownership Breakdown


Management Team

  • Bob Riedford

    President of Powertrain & Chassis Products

    • Tenure: 1.8yrs
    • Compensation: €582.80k
  • Henning Jensen (59yo)

    CEO & President

    • Tenure: 3.3yrs
  • Jon Munthe

    General Counsel

    • Tenure: 2.9yrs
    • Compensation: €305.00k
  • Norbert Loers

    Chief Financial Officer

    • Tenure: 2.7yrs
    • Compensation: €834.80k
  • Marcus von Pock

    Executive Vice President of Human Resources & Communications

    • Tenure: 1.8yrs
    • Compensation: €472.50k
  • Robert Pigg

    Senior Vice President of Off Highway

    • Tenure: 0yrs
    • Compensation: €339.80k
  • Virginia Grando

    Executive Vice President of Quality

    • Tenure: 1.8yrs
    • Compensation: €376.20k
  • Linda Nyquist-Evenrud

    Senior Vice President of Couplings

    • Tenure: 0yrs
    • Compensation: €268.30k
  • Patrik Fagerberg

    Senior Vice President

    • Tenure: 0yrs
  • Dzeki Mackinovski

    Executive Vice President of Purchasing

    • Tenure: 0.7yrs

Board Members

  • Thomas Falck (53yo)

    Director

    • Tenure: 0yrs
    • Compensation: €51.60k
  • Ellen Hanetho (55yo)

    Independent Director

    • Tenure: 3.5yrs
    • Compensation: €44.80k
  • Tonje Sivesindtajet

    Employee Elected Director

    • Tenure: 0.7yrs
    • Compensation: €5.00k
  • Gérard Cordonnier (63yo)

    Independent Director

    • Tenure: 0.3yrs
  • Firas Abi-Nassif

    Chairman of the Board

    • Tenure: 0.8yrs
    • Compensation: €3.50k
  • Jon-Ivar Jørnby

    Employee Representative Director

    • Tenure: 4.3yrs
    • Compensation: €10.40k
  • Gunilla Nordstrom (60yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: €42.20k
  • Ernst Kellermann (62yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: €44.80k
  • Bjørn Ødegård

    Employee Representative Director

    • Tenure: 2.3yrs
    • Compensation: €10.40k
  • Peter Schmitt (58yo)

    Independent Director

    • Tenure: 0.3yrs

Company Information

Kongsberg Automotive ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kongsberg Automotive ASA
  • Ticker: KOA
  • Exchange: OB
  • Founded: 1957
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: kr2.418b
  • Shares outstanding: 447.82m
  • Website: https://www.kongsbergautomotive.com

Number of Employees


Location

  • Kongsberg Automotive ASA
  • Dyrmyrgata 48
  • Kongsberg
  • Buskerud
  • 3601
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KOAOB (Oslo Bors)YesOrdinary SharesNONOKMay 1995
K3ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1995
0HW0LSE (London Stock Exchange)YesOrdinary SharesGBNOKMay 1995
KGAU.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 1995
KOAOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKMay 1995

Biography

Kongsberg Automotive ASA develops, manufactures, and sells products to the automotive industry worldwide. The company operates through three segments: Interior, Powertrain & Chassis Products, and Specialty ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 20:44
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.