Klaveness Combination Carriers ASA owns and operates combination carriers in Norway, the Far East, the Middle East, Australia, Brazil, and North America.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr47.80|
|52 Week High||kr30.00|
|52 Week Low||kr50.00|
|1 Month Change||10.14%|
|3 Month Change||13.81%|
|1 Year Change||44.85%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-27.58%|
Recent News & Updates
Is Klaveness Combination Carriers ASA (OB:KCC) An Attractive Dividend Stock?
Today we'll take a closer look at Klaveness Combination Carriers ASA ( OB:KCC ) from a dividend investor's perspective...
|KCC||NO Shipping||NO Market|
Return vs Industry: KCC underperformed the Norwegian Shipping industry which returned 80.1% over the past year.
Return vs Market: KCC exceeded the Norwegian Market which returned 22.8% over the past year.
Stable Share Price: KCC is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: KCC's weekly volatility (5%) has been stable over the past year.
About the Company
Klaveness Combination Carriers ASA owns and operates combination carriers in Norway, the Far East, the Middle East, Australia, Brazil, and North America. The company operates in two segments, CABU and CLEANBU. Its vessels transport caustic coda solution, floating fertilizer, molasses, and various types of dry cargo, as well as petroleum products, heavy liquid cargoes, and various types of dry bulk products, such as alumina, bauxite.
Klaveness Combination Carriers Fundamentals Summary
|KCC fundamental statistics|
Is KCC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KCC income statement (TTM)|
|Cost of Revenue||US$114.45m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 04, 2021
|Earnings per share (EPS)||0.084|
|Net Profit Margin||2.43%|
How did KCC perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is Klaveness Combination Carriers undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KCC (NOK47.8) is trading above our estimate of fair value (NOK24.06)
Significantly Below Fair Value: KCC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KCC is poor value based on its PE Ratio (68.2x) compared to the Norwegian Shipping industry average (10.5x).
PE vs Market: KCC is poor value based on its PE Ratio (68.2x) compared to the Norwegian market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KCC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KCC's PB Ratio (1.3x) is in line with the NO Shipping industry average.
How is Klaveness Combination Carriers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Klaveness Combination Carriers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Klaveness Combination Carriers performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KCC has a high level of non-cash earnings.
Growing Profit Margin: KCC's current net profit margins (2.4%) are lower than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: KCC's earnings have grown significantly by 30.3% per year over the past 5 years.
Accelerating Growth: KCC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KCC had negative earnings growth (-75.4%) over the past year, making it difficult to compare to the Shipping industry average (144.4%).
Return on Equity
High ROE: KCC's Return on Equity (1.9%) is considered low.
How is Klaveness Combination Carriers's financial position?
Financial Position Analysis
Short Term Liabilities: KCC's short term assets ($59.4M) do not cover its short term liabilities ($112.3M).
Long Term Liabilities: KCC's short term assets ($59.4M) do not cover its long term liabilities ($304.5M).
Debt to Equity History and Analysis
Debt Level: KCC's debt to equity ratio (198%) is considered high.
Reducing Debt: Insufficient data to determine if KCC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KCC's debt is not well covered by operating cash flow (5%).
Interest Coverage: KCC's interest payments on its debt are not well covered by EBIT (1.3x coverage).
What is Klaveness Combination Carriers's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KCC's dividend (3.23%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.92%).
High Dividend: KCC's dividend (3.23%) is low compared to the top 25% of dividend payers in the Norwegian market (5.09%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KCC has been paying a dividend for less than 10 years.
Growing Dividend: KCC's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (160.4%), KCC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Engebret Dahm (56 yo)
Mr. Engebret Dahm has been Head of Combination Carriers of Rederiaksjeselskapet Torvald Klaveness since January 2015. Mr. Dahm has been Chief Executive Officer at Klaveness Combination Carriers AS. since 2...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Klaveness Combination Carriers ASA's employee growth, exchange listings and data sources
- Name: Klaveness Combination Carriers ASA
- Ticker: KCC
- Exchange: OB
- Founded: 1952
- Industry: Marine
- Sector: Transportation
- Market Cap: kr2.294b
- Shares outstanding: 47.99m
- Website: https://www.combinationcarriers.com
Number of Employees
- Klaveness Combination Carriers ASA
- Drammensveien 260
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 21:44|
|End of Day Share Price||2021/09/23 00:00|
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.