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KIT logo

Kitron OB:KIT Stock Report

Last Price

kr34.80

Market Cap

kr6.9b

7D

-0.6%

1Y

6.3%

Updated

23 Feb, 2024

Data

Company Financials +

KIT Stock Overview

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally.

KIT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance6/6
Financial Health4/6
Dividends3/6

Kitron ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kitron
Historical stock prices
Current Share Pricekr34.80
52 Week Highkr47.20
52 Week Lowkr28.40
Beta0.83
1 Month Change8.58%
3 Month Change4.50%
1 Year Change6.26%
3 Year Change104.71%
5 Year Change290.13%
Change since IPO65.71%

Recent News & Updates

Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year

Feb 21
Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year

Analyst Estimates: Here's What Brokers Think Of Kitron ASA (OB:KIT) After Its Annual Report

Feb 18
Analyst Estimates: Here's What Brokers Think Of Kitron ASA (OB:KIT) After Its Annual Report

Analysts Have Just Cut Their Kitron ASA (OB:KIT) Revenue Estimates By 12%

Dec 20
Analysts Have Just Cut Their Kitron ASA (OB:KIT) Revenue Estimates By 12%

Recent updates

Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year

Feb 21
Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year

Analyst Estimates: Here's What Brokers Think Of Kitron ASA (OB:KIT) After Its Annual Report

Feb 18
Analyst Estimates: Here's What Brokers Think Of Kitron ASA (OB:KIT) After Its Annual Report

Analysts Have Just Cut Their Kitron ASA (OB:KIT) Revenue Estimates By 12%

Dec 20
Analysts Have Just Cut Their Kitron ASA (OB:KIT) Revenue Estimates By 12%

What Is Kitron ASA's (OB:KIT) Share Price Doing?

Dec 14
What Is Kitron ASA's (OB:KIT) Share Price Doing?

These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well

Oct 26
These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well

Are Investors Undervaluing Kitron ASA (OB:KIT) By 23%?

Aug 23
Are Investors Undervaluing Kitron ASA (OB:KIT) By 23%?

Kitron (OB:KIT) Is Reinvesting To Multiply In Value

Jul 16
Kitron (OB:KIT) Is Reinvesting To Multiply In Value

Is Now The Time To Put Kitron (OB:KIT) On Your Watchlist?

Jul 04
Is Now The Time To Put Kitron (OB:KIT) On Your Watchlist?

Forecast: Analysts Think Kitron ASA's (OB:KIT) Business Prospects Have Improved Drastically

May 03
Forecast: Analysts Think Kitron ASA's (OB:KIT) Business Prospects Have Improved Drastically

What Is Kitron ASA's (OB:KIT) Share Price Doing?

Feb 16
What Is Kitron ASA's (OB:KIT) Share Price Doing?

Capital Allocation Trends At Kitron (OB:KIT) Aren't Ideal

Apr 29
Capital Allocation Trends At Kitron (OB:KIT) Aren't Ideal

Kitron (OB:KIT) Has Announced That Its Dividend Will Be Reduced To kr0.25

Apr 01
Kitron (OB:KIT) Has Announced That Its Dividend Will Be Reduced To kr0.25

Is Kitron (OB:KIT) Using Too Much Debt?

Oct 19
Is Kitron (OB:KIT) Using Too Much Debt?

Here's Why I Think Kitron (OB:KIT) Might Deserve Your Attention Today

Jun 10
Here's Why I Think Kitron (OB:KIT) Might Deserve Your Attention Today

Kitron (OB:KIT) Knows How To Allocate Capital Effectively

May 30
Kitron (OB:KIT) Knows How To Allocate Capital Effectively

Is There An Opportunity With Kitron ASA's (OB:KIT) 21% Undervaluation?

May 17
Is There An Opportunity With Kitron ASA's (OB:KIT) 21% Undervaluation?

We Take A Look At Why Kitron ASA's (OB:KIT) CEO Has Earned Their Pay Packet

Apr 14
We Take A Look At Why Kitron ASA's (OB:KIT) CEO Has Earned Their Pay Packet

These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well

Apr 05
These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well

Should You Think About Buying Kitron ASA (OB:KIT) Now?

Mar 16
Should You Think About Buying Kitron ASA (OB:KIT) Now?

Shareholder Returns

KITNO ElectronicNO Market
7D-0.6%-2.1%-0.5%
1Y6.3%2.4%-5.4%

Return vs Industry: KIT exceeded the Norwegian Electronic industry which returned 0.7% over the past year.

Return vs Market: KIT exceeded the Norwegian Market which returned -5.7% over the past year.

Price Volatility

Is KIT's price volatile compared to industry and market?
KIT volatility
KIT Average Weekly Movement5.5%
Electronic Industry Average Movement6.0%
Market Average Movement5.4%
10% most volatile stocks in NO Market10.4%
10% least volatile stocks in NO Market2.6%

Stable Share Price: KIT has not had significant price volatility in the past 3 months.

Volatility Over Time: KIT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19963,002Lars Nilssonhttps://www.kitron.com

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers’ 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

How do Kitron's earnings and revenue compare to its market cap?
KIT fundamental statistics
Market capkr6.90b
Earnings (TTM)kr582.44m
Revenue (TTM)kr8.84b

11.8x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KIT income statement (TTM)
Revenue€775.20m
Cost of Revenue€528.30m
Gross Profit€246.90m
Other Expenses€195.80m
Earnings€51.10m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Mar 22, 2024

Earnings per share (EPS)0.26
Gross Margin31.85%
Net Profit Margin6.59%
Debt/Equity Ratio91.8%

How did KIT perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

26%

Payout Ratio

Does KIT pay a reliable dividends?

See KIT dividend history and benchmarks
When do you need to buy KIT by to receive an upcoming dividend?
Kitron dividend dates
Ex Dividend DateApr 26 2024
Dividend Pay DateMay 16 2024
Days until Ex dividend61 days
Days until Dividend pay date81 days

Does KIT pay a reliable dividends?

See KIT dividend history and benchmarks
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