Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions to customers in deep-sea, digital, defense, merchant marine, oil and gas, fisheries, aerospace, and space industries. More Details
Solid track record with excellent balance sheet and pays a dividend.
Share Price & News
How has Kongsberg Gruppen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KOG is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: KOG's weekly volatility (4%) has been stable over the past year.
7 Day Return
NO Aerospace & Defense
1 Year Return
NO Aerospace & Defense
Return vs Industry: KOG exceeded the Norwegian Aerospace & Defense industry which returned -4.8% over the past year.
Return vs Market: KOG underperformed the Norwegian Market which returned 26.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Kongsberg Gruppen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StNeed To Know: Kongsberg Gruppen ASA (OB:KOG) Insiders Have Been Buying Shares
2 weeks ago | Simply Wall StHere's What Kongsberg Gruppen ASA's (OB:KOG) Shareholder Ownership Structure Looks Like
3 weeks ago | Simply Wall StI Ran A Stock Scan For Earnings Growth And Kongsberg Gruppen (OB:KOG) Passed With Ease
Is Kongsberg Gruppen undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KOG (NOK177.2) is trading below our estimate of fair value (NOK318.38)
Significantly Below Fair Value: KOG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KOG is poor value based on its PE Ratio (22.1x) compared to the XE Aerospace & Defense industry average (18.4x).
PE vs Market: KOG is poor value based on its PE Ratio (22.1x) compared to the Norwegian market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: KOG is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: KOG is overvalued based on its PB Ratio (2.4x) compared to the XE Aerospace & Defense industry average (1.9x).
How is Kongsberg Gruppen forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KOG's forecast earnings growth (16.9% per year) is above the savings rate (1.4%).
Earnings vs Market: KOG's earnings (16.9% per year) are forecast to grow slower than the Norwegian market (26.6% per year).
High Growth Earnings: KOG's earnings are forecast to grow, but not significantly.
Revenue vs Market: KOG's revenue (7% per year) is forecast to grow slower than the Norwegian market (7.3% per year).
High Growth Revenue: KOG's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KOG's Return on Equity is forecast to be low in 3 years time (16.7%).
How has Kongsberg Gruppen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KOG has high quality earnings.
Growing Profit Margin: KOG's current net profit margins (5.6%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: KOG's earnings have grown by 13.6% per year over the past 5 years.
Accelerating Growth: KOG's earnings growth over the past year (105.6%) exceeds its 5-year average (13.6% per year).
Earnings vs Industry: KOG earnings growth over the past year (105.6%) exceeded the Aerospace & Defense industry -14.1%.
Return on Equity
High ROE: KOG's Return on Equity (11.1%) is considered low.
How is Kongsberg Gruppen's financial position?
Financial Position Analysis
Short Term Liabilities: KOG's short term assets (NOK24.6B) exceed its short term liabilities (NOK19.9B).
Long Term Liabilities: KOG's short term assets (NOK24.6B) exceed its long term liabilities (NOK6.2B).
Debt to Equity History and Analysis
Debt Level: KOG's debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: KOG's debt to equity ratio has increased from 14.2% to 26.1% over the past 5 years.
Debt Coverage: KOG's debt is well covered by operating cash flow (80.9%).
Interest Coverage: KOG's interest payments on its debt are well covered by EBIT (8.6x coverage).
What is Kongsberg Gruppen current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: KOG's dividend (4.51%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.91%).
High Dividend: KOG's dividend (4.51%) is low compared to the top 25% of dividend payers in the Norwegian market (5.24%).
Stability and Growth of Payments
Stable Dividend: KOG's dividend payments have been volatile in the past 10 years.
Growing Dividend: KOG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.5%), KOG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KOG's dividends in 3 years are forecast to be covered by earnings (75.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Geir Haoy (54 yo)
Mr. Geir Haoy has been the Chief Executive Officer and President of Kongsberg Gruppen ASA since June, 2016. Mr. Haoy has been the Chief Executive Officer of Kongsberg Maritime AS since June 6, 2016. He ser...
CEO Compensation Analysis
Compensation vs Market: Geir's total compensation ($USD1.21M) is above average for companies of similar size in the Norwegian market ($USD621.10K).
Compensation vs Earnings: Geir's compensation has been consistent with company performance over the past year.
|President & CEO||4.75yrs||kr10.38m||0.020% |
|CFO and Executive VP of Legal||3.33yrs||kr4.49m||0.0093% |
|Group EVP||3yrs||kr3.88m||0.016% |
|Executive VP and President of Kongsberg Defense & Aerospace||4.58yrs||kr5.31m||0.0082% |
|Group Executive Vice President of Public Affairs||no data||kr6.17m||0.0012% |
|Executive VP & President of Kongsberg Maritime||5.58yrs||kr6.97m||0.00079% |
|Executive VP & President of Kongsberg Digital||4.67yrs||kr4.72m||0.00049% |
|Vice President of Accounting||11.17yrs||no data||no data|
|Group Vice President of Investor Relations||no data||no data||0.0031% |
|Corporate Compliance Officer||no data||no data||no data|
|Group Executive VP & General Counsel||0.50yr||no data||0.00061% |
|Chief Communication Officer||no data||no data||0.0026% |
Experienced Management: KOG's management team is considered experienced (4.6 years average tenure).
|Independent Chairman||3.92yrs||kr581.63k||0.0016% |
|Employee Representative Director||11.83yrs||kr330.17k||no data|
|Independent Director||3.92yrs||kr320.07k||no data|
|Independent Director||7.83yrs||kr343.07k||0.0017% |
|Employee Representative Director||3.92yrs||kr306.27k||0.0031% |
|Independent Deputy Chair||no data||kr315.27k||0.0011% |
|Employee Representative Director||3.92yrs||kr268.67k||0.0069% |
|Deputy Director||no data||no data||no data|
Experienced Board: KOG's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KOG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kongsberg Gruppen ASA's company bio, employee growth, exchange listings and data sources
- Name: Kongsberg Gruppen ASA
- Ticker: KOG
- Exchange: OB
- Founded: 1814
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: kr31.783b
- Shares outstanding: 179.36m
- Website: https://www.kongsberg.com
Number of Employees
- Kongsberg Gruppen ASA
- Kirkegårdsveien 45
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KOG||OB (Oslo Bors)||Yes||Class A Shares||NO||NOK||Dec 1993|
|0F08||LSE (London Stock Exchange)||Yes||Class A Shares||GB||NOK||Dec 1993|
|NSKF.F||OTCPK (Pink Sheets LLC)||Yes||Class A Shares||US||USD||Dec 1993|
|KOZ||DB (Deutsche Boerse AG)||Yes||Class A Shares||DE||EUR||Dec 1993|
|KOGO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class A Shares||GB||NOK||Dec 1993|
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions to customers in deep-sea, digital, defense, merchant marine, oil and gas, fisheries, aerospace, and space ind...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/07 17:21|
|End of Day Share Price||2021/03/05 00:00|
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.