OB:KOA

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Kongsberg Automotive

Executive Summary

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


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


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

Stable Share Price: KOA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.8%

KOA

-6.5%

NO Auto Components

-1.9%

NO Market


1 Year Return

-97.5%

KOA

-21.6%

NO Auto Components

-12.5%

NO Market

Return vs Industry: KOA underperformed the Norwegian Auto Components industry which returned -21.6% over the past year.

Return vs Market: KOA underperformed the Norwegian Market which returned -12.5% over the past year.


Shareholder returns

KOAIndustryMarket
7 Day-7.8%-6.5%-1.9%
30 Day-21.9%-1.1%-2.7%
90 Day-61.8%2.5%6.0%
1 Year-97.5%-97.5%-19.7%-21.6%-9.6%-12.5%
3 Year-98.6%-98.6%-42.7%-47.4%6.7%-5.5%
5 Year-97.0%-97.0%-20.7%-29.8%50.1%19.9%

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 compared to its fair value and its price relative to the market?

18.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KOA (NOK0.13) is trading below our estimate of fair value (NOK0.16)

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


Price To Earnings Ratio

PE vs Industry: KOA is unprofitable, so we can't compare its PE Ratio to the XE Auto Components industry average.

PE vs Market: KOA is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KOA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KOA is good value based on its PB Ratio (0.1x) compared to the XE Auto Components industry average (1.1x).


Next Steps

Future Growth

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

61.7%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kongsberg Automotive has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Kongsberg Automotive performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KOA is currently unprofitable.

Growing Profit Margin: KOA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KOA is unprofitable, but has reduced losses over the past 5 years at a rate of 3% per year.

Accelerating Growth: Unable to compare KOA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KOA is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-45.5%).


Return on Equity

High ROE: KOA has a negative Return on Equity (-56.93%), as it is currently unprofitable.


Next Steps

Financial Health

How is Kongsberg Automotive's financial position?


Financial Position Analysis

Short Term Liabilities: KOA's short term assets (€330.4M) exceed its short term liabilities (€155.9M).

Long Term Liabilities: KOA's short term assets (€330.4M) do not cover its long term liabilities (€403.0M).


Debt to Equity History and Analysis

Debt Level: KOA's debt to equity ratio (129.9%) is considered high.

Reducing Debt: KOA's debt to equity ratio has reduced from 131.8% to 129.9% over the past 5 years.

Debt Coverage: KOA's debt is well covered by operating cash flow (24.1%).

Interest Coverage: Insufficient data to determine if KOA's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KOA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KOA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KOA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KOA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KOA's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Norbert Loers

no data

Tenure

€593,300

Compensation

Mr. Norbert Loers has been Chief Financial Officer of Kongsberg Automotive ASA since January 16, 2017 and also serves as its Interim Co-Chief Executive Officer since September 6, 2020. Mr. Loers has wealth ...


CEO Compensation Analysis

Compensation vs Market: Norbert's total compensation ($USD693.11K) is above average for companies of similar size in the Norwegian market ($USD376.81K).

Compensation vs Earnings: Norbert's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Norbert Loers
CFO & Interim Co-CEOno data€593.30k0.049%
€ 657.6k
Robert Pigg
Interim Co-CEO & SVP of Off-Highwayno data€276.50k0.0048%
€ 64.7k
Ralf Hoppe
Vice President of Investor Relations & Planning0.92yr€237.50kno data
Jon Munthe
General Counsel3.92yrs€223.70k0.0089%
€ 120.1k
Marcus von Pock
Executive Vice President of Human Resources & Communications2.83yrs€374.90k0.028%
€ 380.5k
David Redfearn
Executive Vice President of Fluid Transferno data€256.40k0.034%
€ 462.4k
Bob Riedford
President of Powertrain & Chassis Products2.83yrs€497.30k0.013%
€ 179.2k
Virginia Grando
Executive Vice President of Quality2.83yrs€296.80k0.010%
€ 135.0k
Linda Nyquist-Evenrud
Senior Vice President of Couplingsno data€204.20k0.027%
€ 369.1k
Dzeki Mackinovski
Executive Vice President of Purchasing1.33yrs€420.10k0.098%
€ 1.3m
Doug Tushar
Senior Vice President of Information Systems & Technology1yr€221.37kno data

2.8yrs

Average Tenure

Experienced Management: KOA's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ellen Hanetho
Independent Director4.5yrs€42.60k0%
€ 0
Leif Strømhaug
Director0.083yrno datano data
Tonje Sivesindtajet
Employee Representative Director1.67yrs€11.70kno data
Gérard Cordonnier
Independent Director1.33yrs€29.20kno data
Firas Abi-Nassif
Independent Chairman of the Board1.75yrs€57.90kno data
Emese Weissenbacher
Independent Director1.33yrs€25.90kno data
Bjørn Ødegård
Employee Representative Director3.25yrs€11.70k0.00014%
€ 1.9k
Peter Schmitt
Independent Director1.33yrs€24.60kno data

1.5yrs

Average Tenure

57.5yo

Average Age

Experienced Board: KOA's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: KOA insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 2255.5%.


Top Shareholders

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: kr1.354b
  • Shares outstanding: 10.55b
  • 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 Analysis2020/09/24 03:34
End of Day Share Price2020/09/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.