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Kongsberg Automotive

DB:K3A
Snowflake Description

Proven track record and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
K3A
DB
NOK621M
Market Cap
  1. Home
  2. DE
  3. Automobiles
Company description

Kongsberg Automotive ASA develops, manufactures, and sells products to the automotive industry worldwide. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • Kongsberg Automotive has significant price volatility in the past 3 months.
K3A Share Price and Events
7 Day Returns
-9.6%
DB:K3A
-3.6%
DE Auto Components
-0.6%
DE Market
1 Year Returns
-85.3%
DB:K3A
-52.5%
DE Auto Components
-20.9%
DE Market
K3A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kongsberg Automotive (K3A) -9.6% -61.5% -79.3% -85.3% -80.1% -83.5%
DE Auto Components -3.6% -26.6% -44.8% -52.5% -66.5% -71.2%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • K3A underperformed the Auto Components industry which returned -52.5% over the past year.
  • K3A underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
K3A
Industry
5yr Volatility vs Market

K3A Value

 Is Kongsberg Automotive undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Kongsberg Automotive. This is due to cash flow or dividend data being unavailable. The share price is €0.12.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Kongsberg Automotive's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kongsberg Automotive's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:K3A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.06
OB:KOA Share Price ** OB (2020-04-06) in NOK NOK1.39
OB:KOA Share Price converted to EUR reporting currency Exchange rate (NOK/ EUR) 0.088 €0.12
Germany Auto Components Industry PE Ratio Median Figure of 9 Publicly-Listed Auto Components Companies 11.43x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Kongsberg Automotive.

DB:K3A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:KOA Share Price ÷ EPS (both in EUR)

= 0.12 ÷ 0.06

1.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kongsberg Automotive is good value based on earnings compared to the DE Auto Components industry average.
  • Kongsberg Automotive is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Kongsberg Automotive's expected growth come at a high price?
Raw Data
DB:K3A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Auto Components Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 0.49x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Kongsberg Automotive, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kongsberg Automotive's assets?
Raw Data
DB:K3A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €0.62
OB:KOA Share Price * OB (2020-04-06) in NOK NOK1.39
OB:KOA Share Price converted to EUR reporting currency Exchange rate (NOK/ EUR) 0.088 €0.12
Germany Auto Components Industry PB Ratio Median Figure of 13 Publicly-Listed Auto Components Companies 0.69x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:K3A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:KOA Share Price ÷ Book Value per Share (both in EUR)

= 0.12 ÷ 0.62

0.2x

* Primary Listing of Kongsberg Automotive.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kongsberg Automotive is good value based on assets compared to the DE Auto Components industry average.
X
Value checks
We assess Kongsberg Automotive's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Kongsberg Automotive has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

K3A Future Performance

 How is Kongsberg Automotive expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
48.7%
Expected Auto Components industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kongsberg Automotive expected to grow at an attractive rate?
  • Unable to compare Kongsberg Automotive's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Kongsberg Automotive's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Kongsberg Automotive's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:K3A Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 48.7%
Germany Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:K3A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:K3A Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:K3A Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 1,161 51 29
2019-09-30 1,168 60 31
2019-06-30 1,148 13 29
2019-03-31 1,141 43 28
2018-12-31 1,123 43 24
2018-09-30 1,102 23 5
2018-06-30 1,084 50 3
2018-03-31 1,065 28 2
2017-12-31 1,057 38 -8
2017-09-30 1,072 65 -5
2017-06-30 1,049 70 -14
2017-03-31 1,022 74 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Kongsberg Automotive is high growth as no earnings estimate data is available.
  • Unable to determine if Kongsberg Automotive is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:K3A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Kongsberg Automotive Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:K3A Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:K3A Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 0.06
2019-09-30 0.07
2019-06-30 0.07
2019-03-31 0.07
2018-12-31 0.06
2018-09-30 0.01
2018-06-30 0.01
2018-03-31 0.00
2017-12-31 -0.02
2017-09-30 -0.01
2017-06-30 -0.04
2017-03-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Kongsberg Automotive will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Kongsberg Automotive is trading at Kongsberg Automotive'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Kongsberg Automotive's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Automobiles companies here
  3. Kongsberg Automotive's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Kongsberg Automotive's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Kongsberg Automotive has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

K3A Past Performance

  How has Kongsberg Automotive performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Kongsberg Automotive's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Kongsberg Automotive has delivered over 20% year on year earnings growth in the past 5 years.
  • Kongsberg Automotive's 1-year earnings growth is less than its 5-year average (20.7% vs 57.1%)
  • Kongsberg Automotive's earnings growth has exceeded the DE Auto Components industry average in the past year (20.7% vs -29.1%).
Earnings and Revenue History
Kongsberg Automotive's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Kongsberg Automotive Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:K3A Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,160.90 28.60 292.50
2019-09-30 1,168.40 30.60 299.10
2019-06-30 1,148.10 28.50 299.10
2019-03-31 1,141.30 27.80 299.10
2018-12-31 1,123.10 23.70 299.10
2018-09-30 1,102.20 4.70 287.50
2018-06-30 1,083.90 2.80 287.50
2018-03-31 1,064.50 1.50 287.50
2017-12-31 1,056.60 -8.00 287.50
2017-09-30 1,071.80 -4.70 271.60
2017-06-30 1,049.40 -13.50 271.60
2017-03-31 1,022.30 -10.80 271.60
2016-12-31 985.70 1.30 271.60
2016-09-30 951.40 8.40 268.30
2016-06-30 966.50 13.40 268.30
2016-03-31 989.80 -2.00 268.30
2015-12-31 1,016.00 -8.40 268.30
2015-09-30 1,008.00 -25.80 251.10
2015-06-30 1,003.20 -15.10 251.10
2015-03-31 993.30 -0.40 251.10
2014-12-31 979.10 5.10 251.10
2014-09-30 980.80 19.00 250.60
2014-06-30 986.90 15.90 250.60
2014-03-31 994.50 15.40 250.60
2013-12-31 990.90 6.30 250.60
2013-09-30 981.50 9.10 253.30
2013-06-30 985.80 5.60 253.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Kongsberg Automotive has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Kongsberg Automotive used its assets more efficiently than the DE Auto Components industry average last year based on Return on Assets.
  • Kongsberg Automotive has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Kongsberg Automotive's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Kongsberg Automotive has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

K3A Health

 How is Kongsberg Automotive's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Kongsberg Automotive's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kongsberg Automotive is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kongsberg Automotive's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Kongsberg Automotive's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Kongsberg Automotive Company Filings, last reported 3 months ago.

DB:K3A Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 283.00 280.50 25.20
2019-09-30 280.40 280.40 24.50
2019-06-30 273.80 280.20 35.60
2019-03-31 271.50 270.00 32.60
2018-12-31 253.50 269.50 59.20
2018-09-30 246.00 269.40 52.20
2018-06-30 241.10 269.20 53.30
2018-03-31 196.00 273.70 40.40
2017-12-31 190.90 257.90 39.50
2017-09-30 201.20 244.90 34.50
2017-06-30 206.70 225.90 32.30
2017-03-31 211.60 238.40 32.20
2016-12-31 208.70 238.40 34.60
2016-09-30 209.20 246.80 31.50
2016-06-30 223.60 233.20 27.40
2016-03-31 218.80 240.10 20.80
2015-12-31 214.20 255.50 39.90
2015-09-30 210.90 282.00 56.80
2015-06-30 213.40 281.10 53.50
2015-03-31 232.60 290.40 54.30
2014-12-31 210.30 274.80 53.50
2014-09-30 222.50 286.70 58.90
2014-06-30 206.20 269.80 46.50
2014-03-31 198.60 285.70 47.00
2013-12-31 189.70 302.30 57.10
2013-09-30 193.40 309.20 44.20
2013-06-30 189.40 343.10 67.60
  • Kongsberg Automotive's level of debt (99.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (130.6% vs 99.1% today).
  • Debt is not well covered by operating cash flow (18.3%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).
X
Financial health checks
We assess Kongsberg Automotive's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Kongsberg Automotive has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

K3A Dividends

 What is Kongsberg Automotive's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Kongsberg Automotive dividends.
If you bought €2,000 of Kongsberg Automotive shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Kongsberg Automotive's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Kongsberg Automotive's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:K3A Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 6.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:K3A Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Kongsberg Automotive has not reported any payouts.
  • Unable to verify if Kongsberg Automotive's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Kongsberg Automotive's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Kongsberg Automotive has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Kongsberg Automotive's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Kongsberg Automotive afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kongsberg Automotive has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

K3A Management

 What is the CEO of Kongsberg Automotive's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Henning Jensen
COMPENSATION €0
AGE 59
TENURE AS CEO 3.8 years
CEO Bio

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 Ltd. He served as the Chief Executive Officer and Managing Director of Viking Supply Ships AB (publ) since 2012 and December 31, 2011 respectively and served as its President. He served as the Chief Executive Officer and Managing Director of Kistefos A.S. From 2011 to 2015 he was with Kistefos AS. He served as an Executive at General Motors Company. Mr. Jensen served as the Chief Executive Officer of RHI AG at Didier-Werke AG from February 4, 2011 to September 8, 2011. He served as Chairman of the Management Board and Member of the Management Board of RHI AG from February 4, 2011 to September 7, 2011 and from January 18, 2010 to September 7, 2011, respectively. He served as Chief Financial Officer of RHI AG from March 15, 2010 to 2011. Mr. Jensen served as Member of the Management Board of the US electronics manufacturer TE Connectivity Ltd. From 2001 to 2009 he was Divisional Head (Automotive Division with around EUR 4 bn of revenues and around 20,000 employees), Chief Financial Officer (Electronic Components Segment with ca. EUR 12 bn. in revenues and 75,000 employees), and other senior level management positions in TE Connectivity/Tyco Electronics Ltd. From 1990 to 1994, he served at McLaren School of Business, University of San Francisco. From 1995 to 2001, he served at Delphi Delco Electronics Corporation/General Motors Hughes Corp. From 1995 to 1998, he served as Manager of Alliance Development at General Motors Hughes Corp. From 1998 to 1999, he served as Finance Director of Delphi Delco Electronics at Megamos GmbH. From 2000 to 2001, he served as Director of Finance at Delphi Delco Electronics and Saginaw Steering Systems, Europe. From 2001 to 2009, he served for Tyco Electronics Ltd. From 2001 to 2005, he served as Director of Finance/Controller and Managing Director at Tyco Electronics Germany. From 2001 to 2007, he served as Vice President and Controller at Tyco Electronics Global Automotive Division. From 2006 to 2007, he served as Senior Vice President and Controller of TE Connectivity Ltd., Electronic Components Segment. From 2007 to 2009, he served as Senior Vice President of Global Automotive Division, EMEA at TE Connectivity Ltd. He served as Director of Finance at Delphi Electronics & Safety, a subsidiary of General Motors. He served as Chairman of Kongsberg Automotive ASA until June 10, 2016. He serves as Chairman of the Supervisory Board of Tyco Electronics AMP Deutschland GmbH. He served as the Chairman of Western Bulk Invest ASA. He served as a Director of Kongsberg Automotive ASA from March 31, 2016 to June 10, 2016. He served as a Director of Viking Supply Ships AS. He served as a Director of Viking Supply Ships AB (publ) from November 07, 2011 to April 23, 2014. From 1990 to 1994, he was a Professor of Finance, Accounting and MIS at University of San Francisco. Mr. Jensen studied at the University of St. Gallen in 1990 and has a BA from University of San Francisco, USA in 1986 and an MBA from the University of San Francisco in 1988. He undertook executive and postgraduate programs in the Wharton School. He has also undertaken doctoral studies at Hochschule St. Gallen, Switzerland.

CEO Compensation
  • Insufficient data for Henning to compare compensation growth.
  • Henning's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Kongsberg Automotive management team in years:

2.4
Average Tenure
  • The tenure for the Kongsberg Automotive management team is about average.
Management Team

Henning Jensen

TITLE
CEO & President
AGE
59
TENURE
3.8 yrs

Norbert Loers

TITLE
Chief Financial Officer
COMPENSATION
€593K
TENURE
3.3 yrs

Ralf Hoppe

TITLE
Vice President of Investor Relations & Planning
COMPENSATION
€238K
TENURE
0.5 yrs

Jon Munthe

TITLE
General Counsel
COMPENSATION
€224K
TENURE
3.5 yrs

Marcus von Pock

TITLE
Executive Vice President of Human Resources & Communications
COMPENSATION
€375K
TENURE
2.4 yrs

David Redfearn

TITLE
Executive Vice President of Fluid Transfer
COMPENSATION
€256K

Robert Pigg

TITLE
Senior Vice President of Off-Highway
COMPENSATION
€277K

Bob Riedford

TITLE
President of Powertrain & Chassis Products
COMPENSATION
€497K
TENURE
2.4 yrs

Virginia Grando

TITLE
Executive Vice President of Quality
COMPENSATION
€297K
TENURE
2.4 yrs

Linda Nyquist-Evenrud

TITLE
Senior Vice President of Couplings
COMPENSATION
€204K
Board of Directors Tenure

Average tenure and age of the Kongsberg Automotive board of directors in years:

1.3
Average Tenure
56.5
Average Age
  • The average tenure for the Kongsberg Automotive board of directors is less than 3 years, this suggests a new board.
Board of Directors

Firas Abi-Nassif

TITLE
Independent Chairman of the Board
COMPENSATION
€58K
TENURE
1.3 yrs

Tonje Sivesindtajet

TITLE
Employee Representative Director
COMPENSATION
€12K
TENURE
1.3 yrs

Jon-Ivar Jørnby

TITLE
Employee Representative Director
COMPENSATION
€14K
TENURE
4.9 yrs

Ellen Hanetho

TITLE
Independent Director
COMPENSATION
€43K
AGE
55
TENURE
4.1 yrs

Bjørn Ødegård

TITLE
Employee Representative Director
COMPENSATION
€12K
TENURE
2.8 yrs

Peter Schmitt

TITLE
Independent Director
COMPENSATION
€25K
AGE
58
TENURE
0.9 yrs

Gérard Cordonnier

TITLE
Independent Director
COMPENSATION
€29K
AGE
63
TENURE
0.9 yrs

Emese Weissenbacher

TITLE
Independent Director
COMPENSATION
€26K
AGE
55
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Kongsberg Automotive individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
13. Mar 20 Buy David Redfearn Individual 13. Mar 20 13. Mar 20 9,000 €0.19 €1,701
12. Mar 20 Buy Bjørn Ødegård Individual 12. Mar 20 12. Mar 20 15,000 €0.19 €2,804
12. Mar 20 Buy David Redfearn Individual 11. Mar 20 11. Mar 20 4,000 €0.25 €991
10. Mar 20 Buy David Redfearn Individual 09. Mar 20 09. Mar 20 8,000 €0.29 €2,344
09. Mar 20 Buy David Redfearn Individual 06. Mar 20 06. Mar 20 14,000 €0.34 €4,671
06. Mar 20 Buy Dzeki Mackinovski Individual 06. Mar 20 06. Mar 20 84,300 €0.33 €27,759
13. Dec 19 Buy Teleios Capital Partners GmbH Company 13. Dec 19 13. Dec 19 500,897 €0.51 €255,827
06. Dec 19 Buy Robert Pigg Individual 06. Dec 19 06. Dec 19 10,200 €0.48 €4,928
02. Dec 19 Buy Teleios Capital Partners GmbH Company 02. Dec 19 02. Dec 19 915,454 €0.47 €431,939
29. Nov 19 Buy David Redfearn Individual 29. Nov 19 29. Nov 19 8,000 €0.48 €3,845
21. Nov 19 Buy Dzeki Mackinovski Individual 21. Nov 19 21. Nov 19 89,500 €0.51 €45,601
21. Nov 19 Buy Virginia Grando Individual 21. Nov 19 21. Nov 19 52,500 €0.51 €26,601
14. Nov 19 Buy Norbert Loers Individual 14. Nov 19 14. Nov 19 26,736 €0.52 €13,861
X
Management checks
We assess Kongsberg Automotive's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Kongsberg Automotive has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

K3A News

Simply Wall St News

K3A Company Info

Description

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.

Details
Name: Kongsberg Automotive ASA
K3A
Exchange: DB
Founded: 1957
NOK54,892,127
447,892,558
Website: http://www.kongsbergautomotive.com
Address: Kongsberg Automotive ASA
Dyrmyrgata 48,
Kongsberg,
Buskerud, 3601,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB KOA Ordinary Shares Oslo Bors NO NOK 08. May 1995
OTCPK KGAU.F Ordinary Shares Pink Sheets LLC US USD 08. May 1995
DB K3A Ordinary Shares Deutsche Boerse AG DE EUR 08. May 1995
LSE 0HW0 Ordinary Shares London Stock Exchange GB NOK 08. May 1995
BATS-CHIXE KOAO Ordinary Shares BATS 'Chi-X Europe' GB NOK 08. May 1995
Number of employees
Current staff
Staff numbers
10,908
Kongsberg Automotive employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 21:29
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2019/02/28
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.