Klaveness Combination Carriers Valuation
Is KCC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of KCC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: KCC (NOK92.9) is trading above our estimate of fair value (NOK19.52)
Significantly Below Fair Value: KCC is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for KCC?
Other financial metrics that can be useful for relative valuation.
| What is KCC's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | US$531.42m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.4x |
| Enterprise Value/EBITDA | 5.1x |
| PEG Ratio | -0.9x |
Price to Earnings Ratio vs Peers
How does KCC's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 17.5x | ||
FROY Frøy | 26.7x | n/a | NOK 6.6b |
HSHP Himalaya Shipping | 31.4x | 42.6% | NOK 4.0b |
BELCO Belships | 7.5x | 18.2% | NOK 5.0b |
MPCC MPC Container Ships | 4.2x | -42.6% | NOK 11.0b |
KCC Klaveness Combination Carriers | 5.7x | -6.3% | NOK 5.6b |
Price-To-Earnings vs Peers: KCC is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (14.4x).
Price to Earnings Ratio vs Industry
How does KCC's PE Ratio compare vs other companies in the European Shipping Industry?
Price-To-Earnings vs Industry: KCC is good value based on its Price-To-Earnings Ratio (5.7x) compared to the European Shipping industry average (7.4x).
Price to Earnings Ratio vs Fair Ratio
What is KCC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 5.7x |
| Fair PE Ratio | 5.8x |
Price-To-Earnings vs Fair Ratio: KCC is good value based on its Price-To-Earnings Ratio (5.7x) compared to the estimated Fair Price-To-Earnings Ratio (5.8x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | NOK 92.90 | NOK 123.19 +32.6% | 12.5% | NOK 144.77 | NOK 109.80 | n/a | 3 |
| Sep ’25 | NOK 93.30 | NOK 128.18 +37.4% | 9.5% | NOK 144.13 | NOK 114.49 | n/a | 3 |
| Aug ’25 | NOK 101.20 | NOK 128.56 +27.0% | 7.0% | NOK 139.97 | NOK 118.00 | n/a | 3 |
| Jul ’25 | NOK 109.60 | NOK 125.42 +14.4% | 7.4% | NOK 136.99 | NOK 114.30 | n/a | 3 |
| Jun ’25 | NOK 103.60 | NOK 125.42 +21.1% | 7.4% | NOK 136.99 | NOK 114.30 | n/a | 3 |
| May ’25 | NOK 108.20 | NOK 125.32 +15.8% | 3.0% | NOK 129.62 | NOK 120.45 | n/a | 3 |
| Apr ’25 | NOK 94.20 | NOK 122.76 +30.3% | 1.8% | NOK 124.81 | NOK 119.73 | n/a | 3 |
| Mar ’25 | NOK 96.80 | NOK 122.76 +26.8% | 1.8% | NOK 124.81 | NOK 119.73 | n/a | 3 |
| Feb ’25 | NOK 109.50 | NOK 106.68 -2.6% | 10.4% | NOK 120.74 | NOK 93.69 | n/a | 3 |
| Jan ’25 | NOK 87.00 | NOK 95.03 +9.2% | 7.6% | NOK 105.08 | NOK 88.50 | n/a | 3 |
| Dec ’24 | NOK 79.00 | NOK 96.94 +22.7% | 1.7% | NOK 98.56 | NOK 95.32 | n/a | 2 |
| Nov ’24 | NOK 82.00 | NOK 97.33 +18.7% | 2.4% | NOK 99.64 | NOK 95.03 | n/a | 2 |
| Oct ’24 | NOK 69.40 | NOK 96.84 +39.5% | 7.0% | NOK 103.64 | NOK 90.04 | NOK 91.20 | 2 |
| Sep ’24 | NOK 66.00 | NOK 95.97 +45.4% | 6.9% | NOK 102.56 | NOK 89.37 | NOK 93.30 | 2 |
| Aug ’24 | NOK 70.20 | NOK 106.43 +51.6% | 5.9% | NOK 112.71 | NOK 100.15 | NOK 101.20 | 2 |
| Jul ’24 | NOK 66.20 | NOK 106.43 +60.8% | 5.9% | NOK 112.71 | NOK 100.15 | NOK 109.60 | 2 |
| May ’24 | NOK 80.60 | NOK 117.42 +45.7% | 12.5% | NOK 132.06 | NOK 102.78 | NOK 108.20 | 2 |
| Apr ’24 | NOK 76.20 | NOK 114.33 +50.0% | 12.1% | NOK 128.16 | NOK 100.51 | NOK 94.20 | 2 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.