KIT Stock Overview
Operates as an electronics manufacturing services company in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Kitron ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 33.20 |
| 52 Week High | NOK 40.54 |
| 52 Week Low | NOK 27.32 |
| Beta | 0.81 |
| 1 Month Change | 9.21% |
| 3 Month Change | 14.09% |
| 1 Year Change | 2.63% |
| 3 Year Change | 56.24% |
| 5 Year Change | 201.82% |
| Change since IPO | 58.09% |
Recent News & Updates
Kitron ASA Just Recorded A 30% EPS Beat: Here's What Analysts Are Forecasting Next
Oct 27
Here's What To Make Of Kitron's (OB:KIT) Decelerating Rates Of Return
Sep 24Recent updates
Kitron ASA Just Recorded A 30% EPS Beat: Here's What Analysts Are Forecasting Next
Oct 27Here's What To Make Of Kitron's (OB:KIT) Decelerating Rates Of Return
Sep 24There's Reason For Concern Over Kitron ASA's (OB:KIT) Massive 27% Price Jump
Jul 14Should You Be Adding Kitron (OB:KIT) To Your Watchlist Today?
Jul 12Earnings Miss: Kitron ASA Missed EPS By 40% And Analysts Are Revising Their Forecasts
May 01Kitron (OB:KIT) Has Announced That It Will Be Increasing Its Dividend To €0.75
Apr 20Shareholders May Be More Conservative With Kitron ASA's (OB:KIT) CEO Compensation For Now
Apr 19Kitron's (OB:KIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Mar 14Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Feb 21Analyst Estimates: Here's What Brokers Think Of Kitron ASA (OB:KIT) After Its Annual Report
Feb 18Analysts Have Just Cut Their Kitron ASA (OB:KIT) Revenue Estimates By 12%
Dec 20What Is Kitron ASA's (OB:KIT) Share Price Doing?
Dec 14These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well
Oct 26Are Investors Undervaluing Kitron ASA (OB:KIT) By 23%?
Aug 23Kitron (OB:KIT) Is Reinvesting To Multiply In Value
Jul 16Is Now The Time To Put Kitron (OB:KIT) On Your Watchlist?
Jul 04Forecast: Analysts Think Kitron ASA's (OB:KIT) Business Prospects Have Improved Drastically
May 03What Is Kitron ASA's (OB:KIT) Share Price Doing?
Feb 16Capital Allocation Trends At Kitron (OB:KIT) Aren't Ideal
Apr 29Kitron (OB:KIT) Has Announced That Its Dividend Will Be Reduced To kr0.25
Apr 01Shareholder Returns
| KIT | NO Electronic | NO Market | |
|---|---|---|---|
| 7D | 0.6% | -2.3% | -2.8% |
| 1Y | 2.6% | -6.9% | -0.8% |
Return vs Industry: KIT exceeded the Norwegian Electronic industry which returned -6.9% over the past year.
Return vs Market: KIT exceeded the Norwegian Market which returned -0.8% over the past year.
Price Volatility
| KIT volatility | |
|---|---|
| KIT Average Weekly Movement | 3.7% |
| Electronic Industry Average Movement | 4.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 10.9% |
| 10% least volatile stocks in NO Market | 2.6% |
Stable Share Price: KIT has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: KIT's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 2,474 | Lars Nilsson | kitron.com |
Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States. It manufactures and sells electronics that are embedded in the customer’s own products; and box-built electronic products. The company’s services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high-level assembly lines, and environmental durability testing.
Kitron ASA Fundamentals Summary
| KIT fundamental statistics | |
|---|---|
| Market cap | NOK 6.60b |
| Earnings (TTM) | NOK 419.63m |
| Revenue (TTM) | NOK 8.11b |
15.7x
P/E Ratio0.8x
P/S RatioIs KIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KIT income statement (TTM) | |
|---|---|
| Revenue | €685.70m |
| Cost of Revenue | €457.10m |
| Gross Profit | €228.60m |
| Other Expenses | €193.10m |
| Earnings | €35.50m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 13, 2025
| Earnings per share (EPS) | 0.18 |
| Gross Margin | 33.34% |
| Net Profit Margin | 5.18% |
| Debt/Equity Ratio | 86.6% |
How did KIT perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield37%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kitron ASA is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Magnus Granerød | Beringer Finance AB |
| Christoffer Bjørnsen | DNB Markets |
| Emilie Engen | DNB Markets |