NKR Stock Overview
Nekkar ASA operates in shipyard, aquaculture, renewables, and digital solutions.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr6.42|
|52 Week High||kr11.54|
|52 Week Low||kr5.90|
|1 Month Change||-19.75%|
|3 Month Change||-17.48%|
|1 Year Change||-32.56%|
|3 Year Change||116.16%|
|5 Year Change||62.53%|
|Change since IPO||-76.22%|
Recent News & Updates
Why Nekkar's (OB:NKR) Shaky Earnings Are Just The Beginning Of Its Problems
Nekkar ASA's ( OB:NKR ) recent weak earnings report didn't cause a big stock movement. Our analysis suggests that along...
Here's Why I Think Nekkar (OB:NKR) Might Deserve Your Attention Today
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
|NKR||NO Machinery||NO Market|
Return vs Industry: NKR underperformed the Norwegian Machinery industry which returned -25.9% over the past year.
Return vs Market: NKR underperformed the Norwegian Market which returned -5.4% over the past year.
|NKR Average Weekly Movement||3.8%|
|Machinery Industry Average Movement||7.5%|
|Market Average Movement||6.8%|
|10% most volatile stocks in NO Market||11.3%|
|10% least volatile stocks in NO Market||3.8%|
Stable Share Price: NKR is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NKR's weekly volatility (4%) has been stable over the past year.
About the Company
Nekkar ASA operates in shipyard, aquaculture, renewables, and digital solutions. The company offers shipyard solutions, including Syncrolift shiplift and transfer systems for launching and retrievals of vessels, as well as fast and reliable way of moving vessels around the yard; and FastDocking products for efficient operations during docking and maintenance of vessels. It also offers service and upgrades, shiplift and transfer systems maintenance, spare replacements, and upgrades of small and larger components.
Nekkar Fundamentals Summary
|NKR fundamental statistics|
Is NKR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NKR income statement (TTM)|
|Cost of Revenue||kr227.51m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 24, 2022
|Earnings per share (EPS)||0.74|
|Net Profit Margin||17.57%|
How did NKR perform over the long term?See historical performance and comparison
Is NKR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NKR?
Other financial metrics that can be useful for relative valuation.
|What is NKR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NKR's PE Ratio compare to its peers?
|NKR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
HAV HAV Group
PHLY Philly Shipyard
HYARD Havyard Group
Price-To-Earnings vs Peers: NKR is good value based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (14.4x).
Price to Earnings Ratio vs Industry
How does NKR's PE Ratio compare vs other companies in the European Machinery Industry?
Price-To-Earnings vs Industry: NKR is good value based on its Price-To-Earnings Ratio (8.7x) compared to the European Machinery industry average (13.8x)
Price to Earnings Ratio vs Fair Ratio
What is NKR'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.
|Current PE Ratio||8.7x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NKR's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of NKR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate NKR's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate NKR's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Nekkar forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Capital Goods 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 Nekkar 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.
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How has Nekkar performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NKR has a high level of non-cash earnings.
Growing Profit Margin: NKR's current net profit margins (17.6%) are lower than last year (26.8%).
Past Earnings Growth Analysis
Earnings Trend: NKR has become profitable over the past 5 years, growing earnings by 55.2% per year.
Accelerating Growth: NKR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NKR had negative earnings growth (-33.7%) over the past year, making it difficult to compare to the Machinery industry average (22.7%).
Return on Equity
High ROE: NKR's Return on Equity (23.7%) is considered high.
Discover strong past performing companies
How is Nekkar's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NKR's short term assets (NOK371.9M) exceed its short term liabilities (NOK131.6M).
Long Term Liabilities: NKR's short term assets (NOK371.9M) exceed its long term liabilities (NOK4.1M).
Debt to Equity History and Analysis
Debt Level: NKR is debt free.
Reducing Debt: NKR has no debt compared to 5 years ago when its debt to equity ratio was 80.7%.
Debt Coverage: NKR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NKR has no debt, therefore coverage of interest payments is not a concern.
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What is Nekkar current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Nekkar Dividend Yield vs Market|
|Market Bottom 25% (NO)||3.7%|
|Market Top 25% (NO)||7.7%|
|Industry Average (Machinery)||3.0%|
|Analyst forecast in 3 Years (Nekkar)||n/a|
Notable Dividend: Unable to evaluate NKR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NKR'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 NKR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NKR's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: NKR is not paying a notable dividend for the Norwegian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as NKR has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Ole Falk Hansen serves as the Director at Northern Ocean Ltd. He has industry experience, which includes working as a consultant for Mckinsey and Company with focus on the energy industry as well as se...
Experienced Management: NKR's management team is considered experienced (4.8 years average tenure).
Experienced Board: NKR's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|03 Dec 21||Buykr1,359,000||Trym Skeie||Individual||150,000||kr9.06|
|03 Dec 21||Sellkr1,359,000||Rolf-Atle Tomassen||Individual||150,000||kr9.06|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Nekkar ASA's employee growth, exchange listings and data sources
- Name: Nekkar ASA
- Ticker: NKR
- Exchange: OB
- Founded: 1966
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: kr685.487m
- Shares outstanding: 106.77m
- Website: https://www.nekkar.com
Number of Employees
- Nekkar ASA
- Andøyfaret 15
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NKR||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||May 1995|
|0MQC||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||May 1995|
|0TT||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 1995|
|NKRO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||May 1995|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/03 00:00|
|End of Day Share Price||2022/10/03 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.