Kitron ASA

Kitron ASA

85.80
NOK
-9.40
(-9.87%)
3.64EPS
28.61P/E
22.79BMarket Cap
Oct 22Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.13
0.12
0.12
0.15
0.14
0.15
0.19
0.2
0.21
3.25
3.92
3.26
3.68
4.58
Basic EPS, GAAP
- -
- -
- -
0.01
0.01
0.01
0.01
0.01
0.01
0.14
0.26
0.14
0.22
0.32
Free Cash Flow per Basic Share
- -
-0.01
0.01
- -
0.01
-0.01
- -
0.01
- -
0.04
0.22
0.17
0.4
0.42
Dividend per Share
- -
- -
- -
- -
- -
0.01
- -
- -
0.01
0.02
0.04
0.06
0.03
- -
Book Value per Share
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.06
0.72
0.93
1
1.45
1.64
Tangible Book Value per Share
0.03
0.03
0.03
0.04
0.04
0.04
0.04
0.04
0.06
0.34
0.56
0.64
1.12
0.83
Basic Weighted Avg Shares
173
173
173
174
176
176
178
179
179
197
198
199
201
213
Sales/Revenue/Turnover
23
22
21
25
25
27
34
36
37
641
775
647
738
974
Operating Margin (%)
1.77
1.8
5.07
5.76
6.14
6.1
6.24
8.06
6.59
7
8.99
7.42
8.55
9.45
Depreciation Expense
1
- -
- -
1
1
1
1
1
1
16
18
19
19
22
Net Income, GAAP
- -
- -
1
1
1
1
1
2
2
28
51
28
44
69
Effective Tax Rate (%)
42.06
17.97
29.41
24.55
25.28
21.92
21.87
22.27
25.14
26.68
21.17
29.82
20.51
19.03
Profit Margin (%)
0.51
1.39
3.7
3.56
4.06
4.21
4.02
5.37
4.12
4.41
6.59
4.33
5.93
7.04
Working Capital
3
2
3
4
4
4
4
5
8
127
150
163
260
204
LT Debt
1
- -
1
1
1
- -
3
2
2
119
113
108
93
110
Total Equity
7
6
6
7
7
7
8
8
12
143
184
199
314
360
Return on Invested Capital (%)
1.6
2.82
7.82
10.11
10.45
11.16
11.02
12.88
9.26
18.8
16.12
9.27
12.84
17.05
Return on Capital (%)
1.79
3.95
8.83
9.53
10.01
10.99
10.68
12.54
8.91
19.27
18.23
10.73
13.72
15.98
Return on Common Equity (%)
1.55
4.65
12.82
13.65
14.67
16.13
18.66
24.73
15.04
36.38
31.27
14.64
17.08
24.18

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
21
26
25
LT Borrowings
77
81
80
LT Finance Leases
16
18
30
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
216
219
219
Market Capitalization
1,277
1,833
2,017

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
584
602
631
Cash, Cash Equivalents & STI
146
81
104
Accounts Receivable, Net
150
191
192
Inventories
155
193
192
Total Current Liabilities
324
404
427
Payables & Accruals
- -
- -
- -
ST Debt
21
26
25
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
124.26%
242.79%
57.82%
Free Cash Flow
117.53%
285.1%
135.76%
Net Income, GAAP
192.44%
364.52%
56.43%
Sales/Revenue/Turnover
170.75%
329.79%
14.08%
Total Cash Common Dividend
88.97%
83.13%
-53.12%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
174
168
145
161
647
2025
165
172
- -
234
738
2026
273
296
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.05
0.03
0.02
0.14
2025
0.04
0.05
- -
0.08
0.22
2026
0.09
0.1
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.06
2025
- -
- -
- -
- -
0.03
2026
- -
- -
- -
- -
- -

Company Description

CEO
Lars Peter Nilsson
Full Time Employees
3,090
Sector
Electronic technology
Industry
Electronic production equipment
Address
Olav Brunborgs vei 4 Asker AK Norway 1375
IPO Date
Jan 16, 1998
Website
kitron.com
Business
Kitron ASA provides electronics manufacturing services across the value chain, including development and design, industrialization, manufacturing of embedded electronics and box-built products, sourcing and procurement, logistics and distribution, repairs and maintenance, product upgrades, cable harness production, and resilience testing. The company specializes in complex electromechanical assemblies using surface-mount technologies, through-hole assembly, microelectronics, automated optical inspection, 3D X-ray, clean rooms, wave soldering, potting, functional circuit testing, burn-in, vibration, and environmental testing; it serves the connectivity, electrification, industry, medical devices, and defence/aerospace sectors with high-level system integration and aftermarket support. Kitron operates manufacturing sites in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States, tailoring offerings to regional needs. Founded in 1962 and headquartered in Billingstad, Norway, with approximately 2,400 employees, Kitron delivers fully assembled circuit boards and end products to global customers, emphasizing flexibility, cost efficiency, and innovation in high-complexity production for demanding environments. Recent developments include the 2022 acquisition of Danish EMS provider BB Electronics, adding facilities in Denmark, the Czech Republic, China, and a technology center in India; the 2023 establishment of a manufacturing site in Johor Bahru, Malaysia, to expand in the Asia Pacific; and the November 2025 agreement to acquire Swedish firm DeltaNordic AB for an enterprise value of SEK 1,255 million, enhancing defence and aerospace capabilities, design, prototyping, and production in harsh environments, with completion pending regulatory approvals in late December 2025 or early January 2026. To fund the DeltaNordic acquisition, Kitron announced a contemplated private placement in November 2025.