Kongsberg Automotive ASA develops, manufactures, and sells products to the automotive industry worldwide.
Undervalued with mediocre balance sheet.
Share Price & News
How has Kongsberg Automotive's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KGAU.F's share price has been volatile over the past 3 months.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: KGAU.F underperformed the US Auto Components industry which returned -11.3% over the past year.
Return vs Market: KGAU.F underperformed the US Market which returned 6.1% over the past year.
Price Volatility Vs. Market
How volatile is Kongsberg Automotive's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Kongsberg Automotive undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KGAU.F ($0.02) is trading below our estimate of fair value ($0.08)
Significantly Below Fair Value: KGAU.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KGAU.F is good value based on its PE Ratio (2.2x) compared to the US Auto Components industry average (14.2x).
PE vs Market: KGAU.F is good value based on its PE Ratio (2.2x) compared to the US market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KGAU.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KGAU.F is good value based on its PB Ratio (0x) compared to the US Auto Components industry average (1.4x).
How is Kongsberg Automotive forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Automobiles 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 Kongsberg Automotive 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.
- Examine whether Kongsberg Automotive is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Kongsberg Automotive's filings and announcements here.
- Explore growth companies in the Automobiles industry.
How has Kongsberg Automotive performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KGAU.F has high quality earnings.
Growing Profit Margin: KGAU.F's current net profit margins (0.2%) are lower than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: KGAU.F has become profitable over the past 5 years, growing earnings by 57.5% per year.
Accelerating Growth: KGAU.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KGAU.F had negative earnings growth (-90.3%) over the past year, making it difficult to compare to the Auto Components industry average (3.5%).
Return on Equity
High ROE: KGAU.F's Return on Equity (1.1%) is considered low.
How is Kongsberg Automotive's financial position?
Financial Position Analysis
Short Term Liabilities: KGAU.F's short term assets (€394.5M) exceed its short term liabilities (€244.5M).
Long Term Liabilities: KGAU.F's short term assets (€394.5M) do not cover its long term liabilities (€405.2M).
Debt to Equity History and Analysis
Debt Level: KGAU.F's debt to equity ratio (111.2%) is considered high.
Reducing Debt: KGAU.F's debt to equity ratio has reduced from 125% to 111.2% over the past 5 years.
Debt Coverage: KGAU.F's debt is well covered by operating cash flow (25.6%).
Interest Coverage: KGAU.F's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is Kongsberg Automotive current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KGAU.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KGAU.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KGAU.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KGAU.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KGAU.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Henning Jensen (60yo)
Mr. Henning Eskild Jensen, MBA has been Chief Executive Officer of Kongsberg Automotive ASA since June 10, 2016 and serves as its President. Mr. Jensen served as the Chief Executive Officer at Atex Group ...
|CEO & President||4.08yrs||no data||0.0060% €6.8k|
|Chief Financial Officer||3.5yrs||€593.30k||0.0020% €2.3k|
|Vice President of Investor Relations & Planning||0.75yr||€237.50k||no data|
|General Counsel||3.75yrs||€223.70k||0.0012% €1.4k|
|Executive Vice President of Human Resources & Communications||2.67yrs||€374.90k||0.00083% €935.7|
|Executive Vice President of Fluid Transfer||no data||€256.40k||0.0018% €2.0k|
|Senior Vice President of Off-Highway||no data||€276.50k||0.00075% €845.5|
|President of Powertrain & Chassis Products||2.67yrs||€497.30k||0.00073% €823.0|
|Executive Vice President of Quality||2.67yrs||€296.80k||no data|
|Senior Vice President of Couplings||no data||€204.20k||0.00074% €834.2|
Experienced Management: KGAU.F's management team is considered experienced (2.7 years average tenure).
|Independent Director||4.33yrs||€42.60k||no data|
|Employee Representative Director||1.5yrs||€11.70k||no data|
|Independent Director||1.17yrs||€29.20k||no data|
|Independent Chairman of the Board||1.58yrs||€57.90k||no data|
|Independent Director||1.17yrs||€25.90k||no data|
|Employee Representative Director||5.17yrs||€14.00k||no data|
|Employee Representative Director||3.08yrs||€11.70k||0.00020% €225.5|
|Independent Director||1.17yrs||€24.60k||no data|
Experienced Board: KGAU.F's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 1563.1%.
Kongsberg Automotive ASA's company bio, employee growth, exchange listings and data sources
- Name: Kongsberg Automotive ASA
- Ticker: KGAU.F
- Exchange: OTCPK
- Founded: 1957
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: kr1.065b
- Listing Market Cap: kr112.736m
- Shares outstanding: 7.45b
- Website: https://www.kongsbergautomotive.com
Number of Employees
- Kongsberg Automotive ASA
- Dyrmyrgata 48
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KOA||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||May 1995|
|K3A||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 1995|
|0HW0||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||May 1995|
|KGAU.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||May 1995|
|KOAO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||May 1995|
Kongsberg Automotive ASA develops, manufactures, and sells products to the automotive industry worldwide. The company operates through three segments: Interior, Powertrain & Chassis Products, and Specialty Products. The Interior segment offers comfort and safety related products, such as massage systems, seat support systems, seat climate systems, and light duty cables and actuators for vehicle interiors, as well as panel heaters for electric cars. The Powertrain & Chassis Products segment provides powertrain systems and chassis related products, including gear shifters for automatic and manual transmissions, shift cables and towers, and chassis stabilizers, as well as gear and clutch control systems, such as actuators for heavy and light duty commercial vehicles. The Specialty Products segment offers driver control and fluid handling systems, such as air couplings; fuel transfer systems comprising specialized hoses, tubes, and assemblies; and off-road products consisting of steering columns, displays, and pedals and hand controls, as well as other products and software. It serves OEMs and Tier 1 suppliers in the automotive, commercial vehicle, and off-highway markets. The company was formerly known as Kongsberg Automotive Holding ASA and changed its name to Kongsberg Automotive ASA in August 2014. Kongsberg Automotive ASA was founded in 1957 and is based in Kongsberg, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/11 00:52|
|End of Day Share Price||2020/07/10 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.