Projected Income Statement: Kitron ASA

Forecast Balance Sheet: Kitron ASA

Forecast Balance Sheet - Kitron ASA
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 56.9 145 129 114 -31.6 53.7 13.9 -45.3
Change - 154.83% -11.03% -11.63% -127.72% 269.94% -74.12% -425.9%
Announcement Date 11/02/22 15/02/23 14/02/24 13/02/25 12/02/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Kitron ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 4.849 8.606 15.8 9.3 12.5 55.38 28.4 32.32
Change - 77.47% 83.59% -41.14% 34.41% 343% -48.71% 13.82%
Free Cash Flow (FCF) 1 8.474 5.684 42.7 35.1 81.1 32.7 70.75 96.68
Change - -32.93% 651.29% -17.8% 131.05% -59.68% 116.36% 36.64%
Announcement Date 11/02/22 15/02/23 14/02/24 13/02/25 12/02/26 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Kitron ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 9.21% 9.57% 11.39% 10.31% 11.26% 11.93% 12.2% 12.23%
EBIT Margin (%) 6.49% 7.08% 9.12% 7.42% 8.74% 9.59% 9.99% 10.15%
EBT Margin (%) 5.5% 5.89% 8.35% 6.17% 7.46% 8.88% 9.54% 9.94%
Net margin (%) 4.12% 4.43% 6.59% 4.33% 5.93% 7.15% 7.46% 7.79%
FCF margin (%) 2.29% 0.96% 5.51% 5.42% 10.98% 2.88% 5.18% 6.03%
FCF / Net Income (%) 55.64% 21.63% 83.56% 125.36% 185.16% 40.28% 69.43% 77.46%

Profitability

        
ROA - - 8.97% 4.93% - - - -
ROE 14.46% 21% 31.27% 14.64% 17.08% 22.61% 23.06% 23.12%

Financial Health

        
Leverage (Debt/EBITDA) 1.67x 2.55x 1.47x 1.7x - 0.4x 0.08x -
Debt / Free cash flow 6.72x 25.51x 3.03x 3.23x - 1.64x 0.2x -

Capital Intensity

        
CAPEX / Current Assets (%) 1.31% 1.45% 2.04% 1.44% 1.69% 4.88% 2.08% 2.02%
CAPEX / EBITDA (%) 14.24% 15.14% 17.89% 13.94% 15.04% 40.88% 17.05% 16.5%
CAPEX / FCF (%) 57.22% 151.42% 37% 26.5% 15.41% 169.34% 40.14% 33.44%

Items per share

        
Cash flow per share 1 - - - - - 0.5 0.5 0.7
Change - - - - - - 0% 40%
Dividend per Share 1 0.0249 0.0446 0.066 0.03 0.0624 0.1161 0.1432 0.1806
Change - 78.92% 48.1% -54.58% 108.04% 86.13% 23.39% 26.05%
Book Value Per Share 1 0.6575 0.6792 0.9175 1.001 1.559 1.823 2.185 2.66
Change - 3.31% 35.08% 9.14% 55.65% 16.96% 19.86% 21.75%
EPS 1 0.0767 0.1336 0.26 0.14 0.22 0.3729 0.4674 0.5711
Change - 74.19% 94.55% -46.15% 57.14% 69.48% 25.35% 22.18%
Nbr of stocks (in thousands) 197,014 197,691 198,198 198,890 216,389 218,702 218,702 218,702
Announcement Date 11/02/22 15/02/23 14/02/24 13/02/25 12/02/26 - - -
1EUR
Estimates
2026 *2027 *
P/E 23.5x 18.8x
PBR 4.81x 4.01x
EV / Sales 1.74x 1.41x
Yield 1.32% 1.63%

EPS & Dividend

EPS & Dividend - Kitron ASA


Y-o-Y evolution of P/E

Valuation ratios - P/E - Kitron ASA
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Kitron ASA
Trader
Investor
Global
Quality
ESG MSCI
A
MarketScreener Ratings - Kitron ASA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
8.765EUR
Average target price
10.15EUR
Spread / Average Target
+15.84%
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