NKT A/S

NKT A/S develops and manufactures cables, accessories, and solutions globally. The company operates through Solutions, Applications, and Service & Accessories segments. It offers high voltage cable solutions, including onshore and offshore cables. NKT also provides medium voltage and low voltage cables, as well as cable accessories. In addition to cables, the company offers onshore and offshore cable services. Services include maintenance, spare parts management, and testing. The company was founded in 1891 and is based in Denmark.

Overview

Sector

Electrical Components

Target Price

618.5 DKK

Current Price

530.5 DKK

Potential

17%

Strengths

Current Price to Earnings Ratio (11.20) is lower than the sector mean (49.54).
Price to book ratio (2.04) is lower than the sector mean (2.96).
The company has low debt. Net Debt to EBITDA Ratio is -3.43 and it is lower than the sector mean.
The company has high returns. ROIC (51.26%) is higher than the sector mean (10.79%).
EV/EBITDA (6.20) is lower than the sector mean (37.04).
EV/EBIT (8.62) is lower than the sector mean.
Price to free cash flow (6.94) is lower than the sector mean.

Weaknesses

Analysts expect revenues to decline in the coming year.

Key Financial Data

Indicator	Value
PER	11.3
EV/EBITDA	6.3
Price/Free Cash Flow'	7.0
ROIC	51.3%
Net Debt/EBITDA	-3.4