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KID

KidOB:KID Stock Report

Market Cap

kr4.9b

7D

-1.3%

1Y

45.8%

Updated

27 Sep, 2021

Data

Company Financials +
KID fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance5/6
Financial Health4/6
Dividends4/6

KID Overview

Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia.

Price History & Performance

Summary of all time highs, changes and price drops for Kid
Historical stock prices
Current Share Pricekr121.00
52 Week Highkr80.00
52 Week Lowkr129.40
Beta0.90
1 Month Change-0.16%
3 Month Change13.94%
1 Year Change45.78%
3 Year Change232.42%
5 Year Change317.24%
Change since IPO304.68%

Recent News & Updates

Shareholder Returns

KIDNO Specialty RetailNO Market
7D-1.3%0.4%4.0%
1Y45.8%30.5%25.1%

Return vs Industry: KID exceeded the Norwegian Specialty Retail industry which returned 31.7% over the past year.

Return vs Market: KID exceeded the Norwegian Market which returned 26.4% over the past year.

Price Volatility

Is KID's price volatile compared to industry and market?
KID volatility
KID Beta0.90
Industry Beta1.23
Market Beta1

Stable Share Price: KID is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: KID's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19371,412Anders Fjeldhttps://www.kid.no

Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, kitchen products, lamps, napkins, oils and spices, outdoor furniture, and other interior products. The company provides its products under the Kid, Hemtex, Dekosol, and Nordun brands.

Kid Fundamentals Summary

How do Kid's earnings and revenue compare to its market cap?
KID fundamental statistics
Market Capkr4.92b
Earnings (TTM)kr371.95m
Revenue (TTM)kr3.07b

13.2x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KID income statement (TTM)
Revenuekr3.07b
Cost of Revenuekr1.13b
Gross Profitkr1.95b
Expenseskr1.57b
Earningskr371.95m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)9.15
Gross Margin63.35%
Net Profit Margin12.11%
Debt/Equity Ratio58.0%

How did KID perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

48%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KID (NOK121) is trading below our estimate of fair value (NOK249.34)

Significantly Below Fair Value: KID is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: KID is good value based on its PE Ratio (13.2x) compared to the European Specialty Retail industry average (14.4x).

PE vs Market: KID is good value based on its PE Ratio (13.2x) compared to the Norwegian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: KID is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: KID is overvalued based on its PB Ratio (4.4x) compared to the XE Specialty Retail industry average (2.2x).


Future Growth

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

11.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KID's forecast earnings growth (11.2% per year) is above the savings rate (1.2%).

Earnings vs Market: KID's earnings (11.2% per year) are forecast to grow faster than the Norwegian market (10.2% per year).

High Growth Earnings: KID's earnings are forecast to grow, but not significantly.

Revenue vs Market: KID's revenue (6% per year) is forecast to grow faster than the Norwegian market (5.6% per year).

High Growth Revenue: KID's revenue (6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KID's Return on Equity is forecast to be high in 3 years time (33.8%)


Past Performance

How has Kid performed over the past 5 years?

25.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KID has high quality earnings.

Growing Profit Margin: KID's current net profit margins (12.1%) are higher than last year (9.3%).


Past Earnings Growth Analysis

Earnings Trend: KID's earnings have grown significantly by 25.5% per year over the past 5 years.

Accelerating Growth: KID's earnings growth over the past year (44%) exceeds its 5-year average (25.5% per year).

Earnings vs Industry: KID earnings growth over the past year (44%) underperformed the Specialty Retail industry 47.1%.


Return on Equity

High ROE: KID's Return on Equity (33.5%) is considered high.


Financial Health

How is Kid's financial position?


Financial Position Analysis

Short Term Liabilities: KID's short term assets (NOK659.5M) exceed its short term liabilities (NOK658.4M).

Long Term Liabilities: KID's short term assets (NOK659.5M) do not cover its long term liabilities (NOK1.4B).


Debt to Equity History and Analysis

Debt Level: KID's debt to equity ratio (58%) is considered high.

Reducing Debt: KID's debt to equity ratio has reduced from 60.1% to 58% over the past 5 years.

Debt Coverage: KID's debt is well covered by operating cash flow (104.9%).

Interest Coverage: KID's interest payments on its debt are well covered by EBIT (6.7x coverage).


Balance Sheet


Dividend

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

7.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KID's dividend (7.44%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.84%).

High Dividend: KID's dividend (7.44%) is in the top 25% of dividend payers in the Norwegian market (5.16%)


Stability and Growth of Payments

Stable Dividend: KID has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: KID's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (48.1%), KID's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KID's dividends in 3 years are forecast to be covered by earnings (77.2% payout ratio).


Next Steps

Management

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

1.7yrs

Average management tenure


CEO

Anders Fjeld

2.83yrs

Tenure

kr4,652,000

Compensation

Mr. Anders Fjeld has been Chief Operating Officer of Kid ASA since November 01, 2018. Mr. Anders Fjeld was the Chief Operating Officer at XXL ASA since February 2016 and served as its Acting Managing Direc...


CEO Compensation Analysis

Compensation vs Market: Anders's total compensation ($USD540.84K) is about average for companies of similar size in the Norwegian market ($USD630.00K).

Compensation vs Earnings: Anders's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: KID's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: KID's board of directors are not considered experienced ( 2.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kid ASA's employee growth, exchange listings and data sources


Key Information

  • Name: Kid ASA
  • Ticker: KID
  • Exchange: OB
  • Founded: 1937
  • Industry: Homefurnishing Retail
  • Sector: Retail
  • Market Cap: kr4.918b
  • Shares outstanding: 40.65m
  • Website: https://www.kid.no

Number of Employees


Location

  • Kid ASA
  • Gilhusveien 1
  • Gullaug
  • Lier
  • Buskerud
  • 3426
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 21:24
End of Day Share Price2021/09/27 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.