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
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
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
is considered below, and whether this is a fair price.
Price based on past earnings
Kongsberg Automotive's earnings available for a low price, and how does
this compare to other companies in the same industry?
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
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
Expected Auto Components industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
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.
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.
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 High Estimate
EPS Low Estimate
Avg. No. Analysts
DB:K3A Past Financials Data
Date (Data in EUR Millions)
*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.
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.
Kongsberg Automotive's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
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.
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
management team in years:
The tenure for the Kongsberg Automotive management team is about average.
CEO & President
Chief Financial Officer
Vice President of Investor Relations & Planning
Marcus von Pock
Executive Vice President of Human Resources & Communications
Executive Vice President of Fluid Transfer
Senior Vice President of Off-Highway
President of Powertrain & Chassis Products
Executive Vice President of Quality
Senior Vice President of Couplings
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Kongsberg Automotive board of directors is less than 3 years, this suggests a new board.
Board of Directors
Independent Chairman of the Board
Employee Representative Director
Employee Representative Director
Employee Representative Director
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.
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.
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