Kongsberg Gruppen Valuation
Is KOG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
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 KOG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: KOG (NOK870) is trading above our estimate of fair value (NOK558.19)
Significantly Below Fair Value: KOG is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for KOG?
Other financial metrics that can be useful for relative valuation.
| What is KOG's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | NOK 152.69b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3.5x |
| Enterprise Value/EBITDA | 26.3x |
| PEG Ratio | 2.4x |
Price to Earnings Ratio vs Peers
How does KOG's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 45.1x | ||
TOM Tomra Systems | 64x | 38.4% | NOK 37.7b |
600760 AVIC Shenyang Aircraft | 35.9x | 21.0% | CN¥110.5b |
AKER Aker | 15.7x | n/a | NOK 45.7b |
600893 AECC Aviation PowerLtd | 65x | 17.5% | CN¥97.4b |
KOG Kongsberg Gruppen | 37.4x | 15.5% | NOK 152.7b |
Price-To-Earnings vs Peers: KOG is good value based on its Price-To-Earnings Ratio (37.4x) compared to the peer average (45.1x).
Price to Earnings Ratio vs Industry
How does KOG's PE Ratio compare vs other companies in the European Aerospace & Defense Industry?
Price-To-Earnings vs Industry: KOG is expensive based on its Price-To-Earnings Ratio (37.4x) compared to the European Aerospace & Defense industry average (25.7x).
Price to Earnings Ratio vs Fair Ratio
What is KOG'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 37.4x |
| Fair PE Ratio | 25.9x |
Price-To-Earnings vs Fair Ratio: KOG is expensive based on its Price-To-Earnings Ratio (37.4x) compared to the estimated Fair Price-To-Earnings Ratio (25.9x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | NOK 870.00 | NOK 852.71 -2.0% | 14.2% | NOK 1,000.00 | NOK 600.00 | n/a | 7 |
| Jun ’25 | NOK 901.50 | NOK 801.14 -11.1% | 12.3% | NOK 875.00 | NOK 570.00 | n/a | 7 |
| May ’25 | NOK 786.00 | NOK 797.57 +1.5% | 13.4% | NOK 875.00 | NOK 545.00 | n/a | 7 |
| Apr ’25 | NOK 749.50 | NOK 619.57 -17.3% | 12.2% | NOK 685.00 | NOK 467.00 | n/a | 7 |
| Mar ’25 | NOK 681.50 | NOK 619.57 -9.1% | 12.2% | NOK 685.00 | NOK 467.00 | n/a | 7 |
| Feb ’25 | NOK 540.00 | NOK 490.83 -9.1% | 23.9% | NOK 600.00 | NOK 250.00 | n/a | 6 |
| Jan ’25 | NOK 465.40 | NOK 486.67 +4.6% | 23.3% | NOK 575.00 | NOK 250.00 | n/a | 6 |
| Dec ’24 | NOK 473.20 | NOK 495.17 +4.6% | 22.8% | NOK 575.00 | NOK 250.00 | n/a | 6 |
| Nov ’24 | NOK 462.40 | NOK 495.17 +7.1% | 22.8% | NOK 575.00 | NOK 250.00 | n/a | 6 |
| Oct ’24 | NOK 441.20 | NOK 483.33 +9.5% | 22.2% | NOK 550.00 | NOK 250.00 | n/a | 6 |
| Sep ’24 | NOK 446.60 | NOK 480.83 +7.7% | 22.4% | NOK 550.00 | NOK 250.00 | n/a | 6 |
| Aug ’24 | NOK 438.60 | NOK 480.83 +9.6% | 22.4% | NOK 550.00 | NOK 250.00 | n/a | 6 |
| Jul ’24 | NOK 488.20 | NOK 484.17 -0.8% | 22.2% | NOK 550.00 | NOK 250.00 | NOK 870.00 | 6 |
| Jun ’24 | NOK 453.40 | NOK 456.00 +0.6% | 23.3% | NOK 550.00 | NOK 250.00 | NOK 901.50 | 5 |
| May ’24 | NOK 477.80 | NOK 455.00 -4.8% | 23.3% | NOK 550.00 | NOK 250.00 | NOK 786.00 | 5 |
| Apr ’24 | NOK 422.80 | NOK 376.25 -11.0% | 19.5% | NOK 425.00 | NOK 250.00 | NOK 749.50 | 4 |
| Mar ’24 | NOK 433.20 | NOK 376.25 -13.1% | 19.5% | NOK 425.00 | NOK 250.00 | NOK 681.50 | 4 |
| Feb ’24 | NOK 392.60 | NOK 375.75 -4.3% | 19.5% | NOK 425.00 | NOK 250.00 | NOK 540.00 | 4 |
| Jan ’24 | NOK 415.60 | NOK 369.50 -11.1% | 18.9% | NOK 425.00 | NOK 250.00 | NOK 465.40 | 4 |
| Dec ’23 | NOK 404.00 | NOK 369.50 -8.5% | 18.9% | NOK 425.00 | NOK 250.00 | NOK 473.20 | 4 |
| Nov ’23 | NOK 391.20 | NOK 366.25 -6.4% | 18.7% | NOK 425.00 | NOK 250.00 | NOK 462.40 | 4 |
| Oct ’23 | NOK 332.00 | NOK 341.25 +2.8% | 16.7% | NOK 400.00 | NOK 250.00 | NOK 441.20 | 4 |
| Sep ’23 | NOK 337.20 | NOK 341.25 +1.2% | 16.7% | NOK 400.00 | NOK 250.00 | NOK 446.60 | 4 |
| Aug ’23 | NOK 361.60 | NOK 341.25 -5.6% | 16.7% | NOK 400.00 | NOK 250.00 | NOK 438.60 | 4 |
| Jul ’23 | NOK 359.00 | NOK 341.25 -4.9% | 16.7% | NOK 400.00 | NOK 250.00 | NOK 488.20 | 4 |
Analyst Forecast: Target price is less than 20% higher than the current share price.