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.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Kitron ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr32.70 |
| 52 Week High | kr47.10 |
| 52 Week Low | kr27.32 |
| Beta | 0.85 |
| 1 Month Change | 4.67% |
| 3 Month Change | -6.44% |
| 1 Year Change | -28.52% |
| 3 Year Change | 48.64% |
| 5 Year Change | 260.53% |
| Change since IPO | 55.71% |
Recent News & Updates
Recent updates
Earnings Miss: Kitron ASA Missed EPS By 40% And Analysts Are Revising Their Forecasts
May 01
Kitron (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 01Is Kitron (OB:KIT) Using Too Much Debt?
Oct 19Here's Why I Think Kitron (OB:KIT) Might Deserve Your Attention Today
Jun 10Kitron (OB:KIT) Knows How To Allocate Capital Effectively
May 30Is There An Opportunity With Kitron ASA's (OB:KIT) 21% Undervaluation?
May 17Shareholder Returns
| KIT | NO Electronic | NO Market | |
|---|---|---|---|
| 7D | 2.4% | 0.8% | -0.2% |
| 1Y | -28.5% | -21.6% | 7.7% |
Return vs Industry: KIT underperformed the Norwegian Electronic industry which returned -21.6% over the past year.
Return vs Market: KIT underperformed the Norwegian Market which returned 7.7% over the past year.
Price Volatility
| KIT volatility | |
|---|---|
| KIT Average Weekly Movement | 4.7% |
| Electronic Industry Average Movement | 4.7% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in NO Market | 10.4% |
| 10% least volatile stocks in NO Market | 3.1% |
Stable Share Price: KIT has not had significant price volatility in the past 3 months.
Volatility Over Time: KIT's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 2,771 | 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 | kr6.48b |
| Earnings (TTM) | kr513.02m |
| Revenue (TTM) | kr8.78b |
12.6x
P/E Ratio0.7x
P/S RatioIs KIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KIT income statement (TTM) | |
|---|---|
| Revenue | €758.50m |
| Cost of Revenue | €512.60m |
| Gross Profit | €245.90m |
| Other Expenses | €201.60m |
| Earnings | €44.30m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Jul 11, 2024
| Earnings per share (EPS) | 0.22 |
| Gross Margin | 32.42% |
| Net Profit Margin | 5.84% |
| Debt/Equity Ratio | 89.9% |
How did KIT perform over the long term?
See historical performance and comparison