NKT A/S |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 570 DKK | -0.78% |
|
-2.32% | +22.79% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,383 | 11,655 | 13,563 | 16,806 | 24,838 | 30,812 | - | - |
| Enterprise Value (EV) 1 | 6,191 | 11,463 | 13,661 | 16,339 | 19,840 | 26,345 | 27,096 | 26,850 |
| P/E ratio | -6.95 x | -13.5 x | -424 x | 43.8 x | 27.1 x | 21.4 x | 21.7 x | 21.1 x |
| Yield | - | - | - | - | - | - | 0.53% | 1.78% |
| Capitalization / Revenue | 0.44 x | 1.07 x | 0.96 x | 1.09 x | 1.3 x | 1.36 x | 1.32 x | 1.28 x |
| EV / Revenue | 0.62 x | 1.05 x | 0.96 x | 1.06 x | 1.04 x | 1.16 x | 1.16 x | 1.11 x |
| EV / EBITDA | 27.9 x | 26 x | 13.3 x | 14.2 x | 10.5 x | 10.7 x | 10.2 x | 9.39 x |
| EV / FCF | 14.3 x | 53.3 x | -104 x | 20.5 x | 8.75 x | -13.2 x | -24.9 x | -33.5 x |
| FCF Yield | 7.02% | 1.87% | -0.96% | 4.88% | 11.4% | -7.58% | -4.01% | -2.98% |
| Price to Book | 0.73 x | 1.46 x | 1.57 x | 1.98 x | 2.39 x | 2.47 x | 2.21 x | 1.99 x |
| Nbr of stocks (in thousands) | 27,260 | 42,976 | 42,976 | 42,938 | 53,554 | 53,633 | - | - |
| Reference price 2 | 160.8 | 271.2 | 315.6 | 391.4 | 463.8 | 574.5 | 574.5 | 574.5 |
| Announcement Date | 2/26/20 | 2/24/21 | 2/23/22 | 2/22/23 | 2/21/24 | - | - | - |
1DKK in Million2DKK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 10,028 | 10,934 | 14,183 | 15,476 | 19,133 | 22,687 | 23,401 | 24,096 |
| EBITDA 1 | 221.9 | 441 | 1,031 | 1,150 | 1,898 | 2,451 | 2,661 | 2,859 |
| EBIT 1 | -619.5 | -356.2 | 219.4 | 515.1 | 1,225 | 1,726 | 1,865 | 1,967 |
| Operating Margin | -6.18% | -3.26% | 1.55% | 3.33% | 6.4% | 7.61% | 7.97% | 8.16% |
| Earnings before Tax (EBT) 1 | -711.3 | -480.5 | 32.73 | 582.9 | 1,109 | 1,807 | 1,920 | 1,972 |
| Net income 1 | -627.7 | -614.3 | -29.75 | 400.5 | 845.2 | 1,440 | 1,423 | 1,466 |
| Net margin | -6.26% | -5.62% | -0.21% | 2.59% | 4.42% | 6.35% | 6.08% | 6.08% |
| EPS 2 | -23.14 | -20.08 | -0.7438 | 8.933 | 17.14 | 26.81 | 26.48 | 27.29 |
| Free Cash Flow 1 | 434.4 | 214.9 | -131.6 | 797.6 | 2,268 | -1,998 | -1,087 | -800.8 |
| FCF margin | 4.33% | 1.97% | -0.93% | 5.15% | 11.85% | -8.81% | -4.64% | -3.32% |
| FCF Conversion (EBITDA) | 195.8% | 48.72% | - | 69.35% | 119.52% | - | - | - |
| FCF Conversion (Net income) | - | - | - | 199.16% | 268.34% | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | 3.059 | 10.22 |
| Announcement Date | 2/26/20 | 2/24/21 | 2/23/22 | 2/22/23 | 2/21/24 | - | - | - |
1DKK in Million2DKK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,446 | 3,761 | 4,300 | 3,659 | 3,867 | 4,391 | 4,706 | 9,100 | 4,930 | 5,105 | 5,251 | 5,769 | 5,600 | 5,647 |
| EBITDA 1 | 142.8 | 272.3 | 307.2 | 261.7 | 295.5 | 423.8 | 432.1 | 856.4 | 570.6 | 471 | 559.4 | 667 | 657.3 | 577.5 |
| EBIT 1 | -97.44 | 100.4 | 154 | 117.5 | 100.5 | 257 | 271.3 | 528.4 | 401.3 | 295.1 | 395.3 | 494.7 | 480.5 | 396.2 |
| Operating Margin | -2.83% | 2.67% | 3.58% | 3.21% | 2.6% | 5.85% | 5.76% | 5.81% | 8.14% | 5.78% | 7.53% | 8.58% | 8.58% | 7.02% |
| Earnings before Tax (EBT) | -104.1 | 113.8 | 121.3 | 155.4 | 203.2 | 293.5 | 356.3 | - | 226 | 232.5 | 455 | - | - | - |
| Net income | -81.82 | 95.97 | 37.94 | 129.4 | 151.9 | 185.5 | 263.1 | 483 | 186.5 | 228.8 | 186.5 | - | - | - |
| Net margin | -2.37% | 2.55% | 0.88% | 3.54% | 3.93% | 4.22% | 5.59% | 5.31% | 3.78% | 4.48% | 3.55% | - | - | - |
| EPS 2 | -2.232 | 2.232 | 0.7439 | 2.974 | 2.978 | 4.469 | 5.963 | - | 2.984 | 3.727 | 5.967 | 6.935 | 8.053 | 3.430 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/23/22 | 5/18/22 | 8/17/22 | 11/16/22 | 2/22/23 | 5/10/23 | 8/16/23 | 8/16/23 | 11/8/23 | 2/21/24 | 5/8/24 | - | - | - |
1DKK in Million2DKK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,808 | - | 98.1 | - | - | - | - | - |
| Net Cash position 1 | - | 193 | - | 467 | 4,998 | 4,467 | 3,716 | 3,962 |
| Leverage (Debt/EBITDA) | 8.148 x | - | 0.0952 x | - | - | - | - | - |
| Free Cash Flow 1 | 434 | 215 | -132 | 798 | 2,268 | -1,998 | -1,087 | -801 |
| ROE (net income / shareholders' equity) | -8.94% | -7.92% | 0.78% | 4.03% | 8.34% | 11.1% | 10.8% | 9.4% |
| ROA (Net income/ Total Assets) | -4.17% | -3.78% | 0.37% | 1.75% | 3.56% | 4.28% | 4.29% | 4.33% |
| Assets 1 | 15,068 | 16,245 | -8,044 | 22,947 | 23,743 | 33,679 | 33,180 | 33,859 |
| Book Value Per Share 2 | 220.0 | 186.0 | 201.0 | 198.0 | 194.0 | 233.0 | 260.0 | 288.0 |
| Cash Flow per Share 2 | 34.30 | 33.10 | 35.80 | 51.50 | 80.50 | 40.30 | 46.30 | 40.30 |
| Capex 1 | 515 | 799 | 1,693 | 1,423 | 1,775 | 3,902 | 3,743 | 2,624 |
| Capex / Sales | 5.14% | 7.3% | 11.94% | 9.2% | 9.27% | 17.2% | 16% | 10.89% |
| Announcement Date | 2/26/20 | 2/24/21 | 2/23/22 | 2/22/23 | 2/21/24 | - | - | - |
1DKK in Million2DKK
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
6
Last Close Price
574.5
DKK
Average target price
559.5
DKK
Spread / Average Target
-2.61%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +23.01% | 4.46B | |
| +1.71% | 148B | |
| +24.19% | 137B | |
| +30.73% | 126B | |
| +10.94% | 61.76B | |
| +3.10% | 39.35B | |
| +82.55% | 32.82B | |
| +2.55% | 30.14B | |
| -17.58% | 29.17B | |
| +3.17% | 27.83B |
- Stock Market
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- NKT Stock
- Financials NKT A/S
