Kitron Future Growth
Future criteria checks 5/6
Kitron is forecast to grow earnings and revenue by 24% and 18.2% per annum respectively. EPS is expected to grow by 22.9% per annum. Return on equity is forecast to be 24.3% in 3 years.
Key information
24.0%
Earnings growth rate
22.89%
EPS growth rate
| Electronic earnings growth | 16.6% |
| Revenue growth rate | 18.2% |
| Future return on equity | 24.30% |
| Analyst coverage | Low |
| Last updated | 06 May 2026 |
Recent future growth updates
Recent updates
Analysis Article • May 02
Investors Shouldn't Be Too Comfortable With Kitron's (OB:KIT) Earnings
Unsurprisingly, Kitron ASA's ( OB:KIT ) stock price was strong on the back of its healthy earnings report. However, our...
Narrative Update • Apr 24
KIT: Defence Orders And Updated Guidance Will Support Steady Earnings And Dividend
Analysts have raised their Kitron price target from NOK 101.50 to NOK 106.60, reflecting revised assumptions for revenue growth, profit margins, the discount rate and future P/E multiples. What's in the News New order of about €37 million for advanced radio systems used in tactical mobile platforms, with deliveries set to start in the first half of 2027 and production at a European facility.Narrative Update • Apr 09
KIT: Defence Orders And Raised Guidance Will Support Steady Earnings And Dividend
Analysts keep their price target for Kitron unchanged at NOK 101.50, citing a broadly stable view on the discount rate, revenue growth, profit margin, and future P/E assumptions as supporting factors. What's in the News Kitron received a €16 million order to produce and supply ground-based command, control and launch systems for a layered counter-drone architecture, with deliveries scheduled to start in 2026 at its European facilities (Key Developments).Narrative Update • Mar 23
KIT: Defence Orders And Raised Guidance Will Support Steady Earnings And Dividend
Analysts now hold Kitron's fair value unchanged at NOK 101.50 per share, with a slightly adjusted discount rate and future P/E assumptions shaping this updated price target view. What's in the News Kitron received a €16 million order for production and supply of ground-based command, control and launch systems for a layered counter-drone architecture, with deliveries scheduled to begin in 2026 at its European facilities (Client announcement).Narrative Update • Mar 09
KIT: Defence Orders And Energy Demand Will Support Steady Earnings And Dividend
Analysts have kept their NOK 101.50 price target for Kitron broadly unchanged, with only small adjustments to inputs such as the discount rate and assumed future P/E. This reflects fine tuning of their valuation rather than a shift in overall conviction.Narrative Update • Feb 23
KIT: Defence Wins And Energy Demand Will Shape Equity And Dividend Outlook
Analysts have lifted their price target on Kitron from NOK 83.30 to NOK 101.50, citing updates in their fair value work, a slightly adjusted discount rate, a revised revenue growth outlook, an updated P/E assumption and a modestly higher profit margin forecast. What's in the News Kitron ASA proposed a cash dividend of NOK 0.70 per share, with the last day including rights on 24 April 2026, the ex-date on 27 April 2026, the record date on 28 April 2026, and expected payment on or about 15 May 2026, subject to approval on 24 April 2026 (Key Developments).Analysis Article • Feb 15
This Just In: Analysts Are Boosting Their Kitron ASA (OB:KIT) Outlook for This Year
Celebrations may be in order for Kitron ASA ( OB:KIT ) shareholders, with the analysts delivering a significant upgrade...Narrative Update • Feb 09
KIT: Defence And Energy Contracts And Equity Raise Will Shape Outlook
Analysts have lifted their price target on Kitron to €83.30 from €77.34, citing updated assumptions around slightly higher revenue growth, a modestly higher discount rate, a lower profit margin and a higher future P/E multiple. What's in the News Kitron issued 2026 earnings guidance including DeltaNordic, with expected revenue of €855 million to €943 million and EBIT of €77 million to €93 million.
New Narrative • Jan 28
Defense Aerospace Backlog And Capacity Expansion Will Support Strong Long Term Potential
Catalysts About Kitron Kitron is an electronics manufacturing services company focused on sectors such as Defense Aerospace, Industry, Electrification, Connectivity and Medical Devices. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 26
KIT: Defence And Energy Contracts And Equity Raise Will Shape Medium Term Outlook
Analysts have raised their price target for Kitron to reflect a slightly lower discount rate of 7.88% and an updated forward P/E assumption of 12.81x, indicating a modest adjustment in how they value the company’s future earnings stream. What's in the News Kitron completed a follow on equity offering of 17,000,000 ordinary shares, raising NOK 973.25 million at NOK 57.25 per share, under a Regulation S structure with a subsequent direct listing (Key Developments).Narrative Update • Jan 11
KIT: Defence And Energy Contracts Will Shape Balanced Medium Term Outlook
Analysts have modestly adjusted their price target for Kitron, reflecting small changes in the discount rate, revenue growth expectations, profit margin, and future P/E assumptions, while keeping their view on fair value broadly unchanged. What's in the News New client agreement valued at about €7 million for advanced electronics in autonomous defence systems across air, land, and sea, with deliveries set to start in Q1 2026 at European facilities (Client Announcements).Narrative Update • Dec 22
KIT: Defence And Aerospace Orders Will Drive Future Earnings Upside
Analysts have raised their price target for Kitron from approximately NOK 75 to NOK 77 per share, citing expectations of stronger revenue growth, slightly higher profit margins, and a lower assumed future price-to-earnings multiple. Together, these factors support a higher fair value despite a modestly reduced discount rate.Narrative Update • Dec 07
KIT: Defence Demand And Buybacks Will Drive Future Earnings Upside
Analysts have trimmed their price target on Kitron slightly, citing only marginal adjustments to fair value assumptions and discount rates, despite modestly higher forecasts for revenue growth and profit margins. This has resulted in a roughly NOK 0.10 reduction in estimated per share value.Narrative Update • Nov 23
KIT: Defence Sector Demand And Buyback Program Will Drive Future Momentum
Analysts have raised their price target for Kitron slightly. They now estimate a fair value of NOK 75.18 per share, up from NOK 74.54.Narrative Update • Nov 07
KIT: Defence Orders And Share Buybacks Expected To Support Balanced Outlook
Analysts have raised Kitron's fair value estimate by approximately NOK 5.28, citing improved profit margins, sustained revenue growth, and a slight adjustment in discount and future price-to-earnings expectations. What's in the News Kitron ASA has revised its earnings guidance for 2025, now expecting revenue between EUR 700 and 740 million and operating profit (EBIT) between EUR 59 and 66 million.Narrative Update • Oct 24
Defence and Aerospace Demand Will Accelerate Revenue and Earnings Through 2026
Narrative Update: Kitron Analyst Price Target Revision Analysts have raised their fair value estimate for Kitron from NOK 65 to approximately NOK 69.26, citing expectations for stronger revenue growth and profitability improvements. What's in the News Kitron ASA revised its 2025 earnings guidance and now expects revenue between EUR 700 and 740 million as well as operating profit (EBIT) between EUR 59 and 66 million.Analysis Article • Sep 29
Shareholders Should Be Pleased With Kitron ASA's (OB:KIT) Price
With a price-to-earnings (or "P/E") ratio of 35.2x Kitron ASA ( OB:KIT ) may be sending very bearish signals at the...Analysis Article • Aug 20
Kitron (OB:KIT) Might Be Having Difficulty Using Its Capital Effectively
OB:KIT 1 Year Share Price vs Fair Value Explore Kitron's Fair Values from the Community and select yours What are the...Analysis Article • Jul 16
Earnings Update: Here's Why Analysts Just Lifted Their Kitron ASA (OB:KIT) Price Target To kr65.00
Investors in Kitron ASA ( OB:KIT ) had a good week, as its shares rose 8.2% to close at kr66.50 following the release...Analysis Article • Jul 02
Is There An Opportunity With Kitron ASA's (OB:KIT) 33% Undervaluation?
Key Insights The projected fair value for Kitron is kr92.94 based on 2 Stage Free Cash Flow to Equity Kitron's kr61.90...Analysis Article • May 28
Is Kitron (OB:KIT) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Apr 18
Kitron ASA's (OB:KIT) CEO Compensation Is Looking A Bit Stretched At The Moment
Key Insights Kitron to hold its Annual General Meeting on 24th of April Salary of €312.8k is part of CEO Lars Nilsson's...Analysis Article • Mar 19
After Leaping 26% Kitron ASA (OB:KIT) Shares Are Not Flying Under The Radar
Despite an already strong run, Kitron ASA ( OB:KIT ) shares have been powering on, with a gain of 26% in the last...
New Narrative • Feb 19
Expansion In Norway And Sweden Will Increase Production Capacity
Restructuring and strategic investments are set to streamline costs, optimize production, and boost profitability and growth.Analysis Article • Feb 16
Kitron ASA Just Missed EPS By 6.9%: Here's What Analysts Think Will Happen Next
The full-year results for Kitron ASA ( OB:KIT ) were released last week, making it a good time to revisit its...Analysis Article • Jan 23
Kitron (OB:KIT) Has A Somewhat Strained Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Oct 27
Kitron ASA Just Recorded A 30% EPS Beat: Here's What Analysts Are Forecasting Next
Kitron ASA ( OB:KIT ) defied analyst predictions to release its quarterly results, which were ahead of market...Analysis Article • Sep 24
Here's What To Make Of Kitron's (OB:KIT) Decelerating Rates Of Return
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Analysis Article • Jul 14
There's Reason For Concern Over Kitron ASA's (OB:KIT) Massive 27% Price Jump
The Kitron ASA ( OB:KIT ) share price has done very well over the last month, posting an excellent gain of 27...Analysis Article • Jul 12
Should You Be Adding Kitron (OB:KIT) To Your Watchlist Today?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • May 01
Earnings Miss: Kitron ASA Missed EPS By 40% And Analysts Are Revising Their Forecasts
The analysts might have been a bit too bullish on Kitron ASA ( OB:KIT ), given that the company fell short of...Analysis Article • Apr 20
Kitron (OB:KIT) Has Announced That It Will Be Increasing Its Dividend To €0.75
Kitron ASA ( OB:KIT ) has announced that it will be increasing its dividend from last year's comparable payment on the...Analysis Article • Apr 19
Shareholders May Be More Conservative With Kitron ASA's (OB:KIT) CEO Compensation For Now
Key Insights Kitron's Annual General Meeting to take place on 25th of April Total pay for CEO Lars Nilsson includes...Analysis Article • Apr 05
Kitron's (OB:KIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Kitron ASA ( OB:KIT ) will increase its dividend from last year's comparable payment on the 16th of May to €0.75. This...Analysis Article • Mar 14
Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Kitron ASA's ( OB:KIT ) dividend will be increasing from last year's payment of the same period to €0.75 on 16th of...Analysis Article • Feb 21
Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Kitron ASA ( OB:KIT ) has announced that it will be increasing its dividend from last year's comparable payment on the...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 1,515 | 116 | 75 | 117 | 5 |
| 12/31/2027 | 1,297 | 97 | 66 | 98 | 5 |
| 12/31/2026 | 1,092 | 80 | 45 | 70 | 5 |
| 3/31/2026 | 846 | 56 | 74 | 87 | N/A |
| 12/31/2025 | 738 | 44 | 81 | 94 | N/A |
| 9/30/2025 | 665 | 32 | 81 | 90 | N/A |
| 6/30/2025 | 643 | 29 | 39 | 48 | N/A |
| 3/31/2025 | 638 | 29 | 38 | 47 | N/A |
| 12/31/2024 | 647 | 28 | 34 | 44 | N/A |
| 9/30/2024 | 686 | 36 | 46 | 63 | N/A |
| 6/30/2024 | 720 | 39 | 47 | 63 | N/A |
| 3/31/2024 | 759 | 44 | 41 | 57 | N/A |
| 12/31/2023 | 775 | 51 | 43 | 59 | N/A |
| 9/30/2023 | 751 | 48 | 26 | 36 | N/A |
| 6/30/2023 | 737 | 46 | 39 | 48 | N/A |
| 3/31/2023 | 688 | 37 | 30 | 40 | N/A |
| 12/31/2022 | 641 | 28 | 9 | 18 | N/A |
| 9/30/2022 | 555 | 22 | 4 | 9 | N/A |
| 6/30/2022 | 473 | 17 | -17 | -13 | N/A |
| 3/31/2022 | 429 | 16 | -11 | -6 | N/A |
| 12/31/2021 | 370 | 15 | 8 | 13 | N/A |
| 9/30/2021 | 371 | 16 | 19 | 25 | N/A |
| 6/30/2021 | 389 | 20 | 25 | 31 | N/A |
| 3/31/2021 | 401 | 22 | 15 | 21 | N/A |
| 12/31/2020 | 378 | 20 | 17 | 23 | N/A |
| 9/30/2020 | 353 | 18 | 8 | 18 | N/A |
| 6/30/2020 | 328 | 15 | 10 | 21 | N/A |
| 3/31/2020 | 294 | 12 | 14 | 24 | N/A |
| 12/31/2019 | 335 | 13 | N/A | 20 | N/A |
| 9/30/2019 | 318 | 13 | N/A | 7 | N/A |
| 6/30/2019 | 307 | 13 | N/A | 1 | N/A |
| 3/31/2019 | 287 | 13 | N/A | 0 | N/A |
| 12/31/2018 | 264 | 11 | N/A | -4 | N/A |
| 9/30/2018 | 270 | 12 | N/A | 8 | N/A |
| 6/30/2018 | 265 | 11 | N/A | 14 | N/A |
| 3/31/2018 | 259 | 11 | N/A | 16 | N/A |
| 12/31/2017 | 247 | 10 | N/A | 16 | N/A |
| 9/30/2017 | 249 | 10 | N/A | 11 | N/A |
| 6/30/2017 | 238 | 10 | N/A | 13 | N/A |
| 3/31/2017 | 238 | 9 | N/A | 13 | N/A |
| 12/31/2016 | 230 | 8 | N/A | 12 | N/A |
| 9/30/2016 | 228 | 8 | N/A | 18 | N/A |
| 6/30/2016 | 221 | 8 | N/A | 17 | N/A |
| 3/31/2016 | 210 | 7 | N/A | 15 | N/A |
| 12/31/2015 | 203 | 8 | N/A | 21 | N/A |
| 9/30/2015 | 200 | 7 | N/A | 14 | N/A |
| 6/30/2015 | 207 | 6 | N/A | 10 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KIT's forecast earnings growth (24% per year) is above the savings rate (3.3%).
Earnings vs Market: KIT's earnings (24% per year) are forecast to grow faster than the Norwegian market (11.1% per year).
High Growth Earnings: KIT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KIT's revenue (18.2% per year) is forecast to grow faster than the Norwegian market (2.4% per year).
High Growth Revenue: KIT's revenue (18.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KIT's Return on Equity is forecast to be high in 3 years time (24.3%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/06 12:35 |
| End of Day Share Price | 2026/05/06 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Kitron ASA is covered by 8 analysts. 5 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 |
|---|---|
| null null | ABG Sundal Collier |
| Simen Mortensen | DNB Carnegie |
| Christoffer Bjørnsen | DNB Carnegie |