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KIT logo

Kitron OB:KIT Stock Report

Last Price

NOK 28.60

Market Cap

NOK 5.7b

7D

-8.2%

1Y

-19.4%

Updated

26 Sep, 2024

Data

Company Financials +

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.

KIT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends3/6

Kitron ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kitron
Historical stock prices
Current Share PriceNOK 28.60
52 Week HighNOK 40.54
52 Week LowNOK 27.32
Beta0.86
11 Month Change-18.19%
3 Month Change-9.55%
1 Year Change-19.44%
33 Year Change57.49%
5 Year Change216.72%
Change since IPO36.19%

Recent News & Updates

Recent updates

Here's What To Make Of Kitron's (OB:KIT) Decelerating Rates Of Return

Sep 24
Here's What To Make Of Kitron's (OB:KIT) Decelerating Rates Of Return

There's Reason For Concern Over Kitron ASA's (OB:KIT) Massive 27% Price Jump

Jul 14
There's Reason For Concern Over Kitron ASA's (OB:KIT) Massive 27% Price Jump

Should You Be Adding Kitron (OB:KIT) To Your Watchlist Today?

Jul 12
Should You Be Adding Kitron (OB:KIT) To Your Watchlist Today?

Earnings Miss: Kitron ASA Missed EPS By 40% And Analysts Are Revising Their Forecasts

May 01
Earnings Miss: Kitron ASA Missed EPS By 40% And Analysts Are Revising Their Forecasts

Kitron (OB:KIT) Has Announced That It Will Be Increasing Its Dividend To €0.75

Apr 20
Kitron (OB:KIT) Has Announced That It Will Be Increasing Its Dividend To €0.75

Shareholders May Be More Conservative With Kitron ASA's (OB:KIT) CEO Compensation For Now

Apr 19
Shareholders May Be More Conservative With Kitron ASA's (OB:KIT) CEO Compensation For Now

Kitron's (OB:KIT) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 05
Kitron's (OB:KIT) Shareholders Will Receive A Bigger Dividend Than Last Year

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

Mar 14
Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year

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?

Shareholder Returns

KITNO ElectronicNO Market
7D-8.2%-5.8%0.2%
1Y-19.4%-8.6%-0.5%

Return vs Industry: KIT underperformed the Norwegian Electronic industry which returned -8.6% over the past year.

Return vs Market: KIT underperformed the Norwegian Market which returned -0.5% over the past year.

Price Volatility

Is KIT's price volatile compared to industry and market?
KIT volatility
KIT Average Weekly Movement6.1%
Electronic Industry Average Movement6.1%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.3%
10% least volatile stocks in NO Market2.7%

Stable Share Price: KIT's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
19962,547Lars Nilssonkitron.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

How do Kitron's earnings and revenue compare to its market cap?
KIT fundamental statistics
Market capNOK 5.71b
Earnings (TTM)NOK 459.06m
Revenue (TTM)NOK 8.47b

12.4x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KIT income statement (TTM)
Revenue€719.80m
Cost of Revenue€483.00m
Gross Profit€236.80m
Other Expenses€197.80m
Earnings€39.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 24, 2024

Earnings per share (EPS)0.20
Gross Margin32.90%
Net Profit Margin5.42%
Debt/Equity Ratio87.5%

How did KIT perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

33%

Payout Ratio