KAL

KaleraOB:KAL Stock Report

Market Cap

kr4.6b

7D

0.4%

1Y

-8.8%

Updated

17 Sep, 2021

Data

Company Financials +
KAL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

KAL Overview

Kalera AS operates as a technology-driven vertical farming company.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: KAL is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: KAL's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

0.4%

KAL

1.0%

NO Food

-0.5%

NO Market


1 Year Return

-8.8%

KAL

10.5%

NO Food

20.4%

NO Market

Return vs Industry: KAL underperformed the Norwegian Food industry which returned 9.6% over the past year.

Return vs Market: KAL underperformed the Norwegian Market which returned 21.3% over the past year.


Shareholder returns

KALIndustryMarket
7 Day0.4%1.0%-0.5%
30 Day-8.8%-1.3%1.4%
90 Day-13.2%-5.3%3.3%
1 Year-8.8%-8.8%13.3%10.5%27.2%20.4%
3 Yearn/a31.1%20.4%17.4%4.0%
5 Yearn/a92.1%57.0%80.5%47.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Kalera Fundamentals Summary

How do Kalera's earnings and revenue compare to its market cap?
KAL fundamental statistics
Market CapUS$525.34m
Earnings (TTM)-US$18.54m
Revenue (TTM)US$1.47m

357.1x

P/S Ratio

-28.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KAL income statement (TTM)
RevenueUS$1.47m
Cost of RevenueUS$786.50k
Gross ProfitUS$685.18k
ExpensesUS$19.22m
Earnings-US$18.54m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 11, 2021

Earnings per share (EPS)-0.12
Gross Margin46.56%
Net Profit Margin-1,259.70%
Debt/Equity Ratio0.01%

How did KAL perform over the long term?

See historical performance and comparison

Valuation

Is Kalera undervalued compared to its fair value and its price relative to the market?

8.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KAL (NOK27.35) is trading below our estimate of fair value (NOK29.97)

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


Price To Earnings Ratio

PE vs Industry: KAL is unprofitable, so we can't compare its PE Ratio to the Norwegian Food industry average.

PE vs Market: KAL 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 KAL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KAL is overvalued based on its PB Ratio (3.1x) compared to the NO Food industry average (2.3x).


Future Growth

How is Kalera forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

112.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KAL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: KAL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: KAL's is expected to become profitable in the next 3 years.

Revenue vs Market: KAL's revenue (56.9% per year) is forecast to grow faster than the Norwegian market (5.8% per year).

High Growth Revenue: KAL's revenue (56.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if KAL's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Kalera performed over the past 5 years?

-137.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: KAL is currently unprofitable.

Growing Profit Margin: KAL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if KAL's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: KAL is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (33.1%).


Return on Equity

High ROE: KAL has a negative Return on Equity (-10.78%), as it is currently unprofitable.


Financial Health

How is Kalera's financial position?


Financial Position Analysis

Short Term Liabilities: KAL's short term assets ($87.1M) exceed its short term liabilities ($6.7M).

Long Term Liabilities: KAL's short term assets ($87.1M) exceed its long term liabilities ($42.7M).


Debt to Equity History and Analysis

Debt Level: KAL's debt to equity ratio (0.01%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if KAL's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: KAL has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KAL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 91.8% each year


Dividend

What is Kalera current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate KAL'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 KAL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KAL'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 KAL'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?

1.0yrs

Average management tenure


CEO

Daniel Malechuk

no data

Tenure

Mr. Daniel Adam Malechuk serves as Chief Executive Officer of Kalera AS.


Leadership Team

Experienced Management: KAL's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: KAL's board of directors are not considered experienced ( 0.7 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.5%.


Top Shareholders

Company Information

Kalera AS's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kalera AS
  • Ticker: KAL
  • Exchange: OB
  • Founded: NaN
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: kr4.561b
  • Shares outstanding: 166.77m
  • Website: https://www.kalera.com

Number of Employees


Location

  • Kalera AS
  • Tjuvholmen Allé 19
  • Oslo
  • Oslo
  • 252
  • Norway

Listings


Biography

Kalera AS operates as a technology-driven vertical farming company. It produces pesticide-free non-GMO vegetables. The company’s products include arugula, kohlrabi, onion, mixes, daikon and purple radish,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:32
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.