Skip to Content

Kitron ASA KIT

Morningstar Rating
NOK 29.86 +0.24 (0.81%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

KIT is trading at a 385% premium.
Price
NOK 29.82
Fair Value
NOK 45.82
Uncertainty
High
1-Star Price
NOK 58.27
5-Star Price
NOK 92.97
Economic Moat
Bjdvq
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if KIT is a good fit for your portfolio.

Trading Information

Previous Close Price
NOK 29.62
Day Range
NOK 29.5030.40
52-Week Range
NOK 27.3247.20
Bid/Ask
NOK 29.60 / NOK 30.86
Market Cap
NOK 5.92 Bil
Volume/Avg
401,730 / 659,397

Key Statistics

Price/Earnings (Normalized)
11.66
Price/Sales
0.67
Dividend Yield (Trailing)
2.51%
Dividend Yield (Forward)
2.51%
Total Yield
2.51%

Company Profile

Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.
Sector
Technology
Industry
Electronic Components
Stock Style Box
Small Growth
Total Number of Employees
3,002

Comparables

Valuation

Metric
KIT
ALLIGO B
HTRO
Price/Earnings (Normalized)
11.6613.1010.61
Price/Book Value
2.871.832.12
Price/Sales
0.670.730.99
Price/Cash Flow
8.396.769.15
Price/Earnings
KIT
ALLIGO B
HTRO

Financial Strength

Metric
KIT
ALLIGO B
HTRO
Quick Ratio
0.930.831.43
Current Ratio
1.542.022.31
Interest Coverage
5.506.056.37
Quick Ratio
KIT
ALLIGO B
HTRO

Profitability

Metric
KIT
ALLIGO B
HTRO
Return on Assets (Normalized)
7.42%5.18%7.68%
Return on Equity (Normalized)
26.61%12.77%20.31%
Return on Invested Capital (Normalized)
14.95%8.25%11.88%
Return on Assets
KIT
ALLIGO B
HTRO
See how this stock stacks up to its competitors with Morningstar Investor

Electronic Components Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
APH
Amphenol Corp Class AVcjnyqpjjBmpmb$76.6 Bil
HNHPF
Hon Hai Precision Industry Co Ltd DRKjp$73.0 Bil
TEL
TE Connectivity LtdXcqzlgkwGlsnwk$44.7 Bil
MRAAY
Murata Manufacturing Co Ltd ADRWtypp$33.8 Bil
MRAAF
Murata Manufacturing Co LtdClbspqh$33.8 Bil
GLW
Corning IncSxvtlmctMyspjgl$28.6 Bil
TTDKY
TDK Corp ADRLlj$17.4 Bil
TTDKF
TDK CorpMqgp$17.4 Bil
JBL
Jabil IncCflddlxzRgn$14.2 Bil
LFUS
Littelfuse IncPprbqqbVmdynr$6.3 Bil

Sponsor Center