NKT Stock Analysis: NKT | CO
Electrical Equipment & Parts | CO, Denmark | Market Cap: 50.190m DKK | 12M Return: 90.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 128M
EPS Trend: 92.0%
Qual. Beats: 3
Rev. Trend: 97.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
NKT A/S is a Danish power cable manufacturer and installer founded in 1891 and headquartered in Copenhagen. The company designs, manufactures, and installs low, medium, and high voltage power cable solutions and reports through three segments: Solutions, Applications, and Service & Accessories. Its product range spans high voltage onshore and offshore cables, medium and low voltage building wires, telecom and fire performance cables, and a broad line of cable accessories (joints, terminations, connector systems, and pre-assembled connection cables).
Beyond manufacturing, NKT provides lifecycle services including installation, monitoring, maintenance, repair, and decommissioning, along with technology consulting and dedicated competence centers for oil and gas as well as offshore and onshore wind applications. The company operates across Europe (Germany, Sweden, the UK, Poland, Norway, the Czech Republic, France, the Netherlands, Portugal) and in the United States, with the former NKT Holding A/S having rebranded to its current name in May 2017.
As a player in the Electrical Components & Equipment sub-industry, NKTs business model benefits from structural tailwinds in power transmission infrastructure, particularly the build-out of offshore wind farms and grid modernization, where high voltage submarine and underground cables are critical inputs.
- Offshore wind cable orders drive high voltage segment revenue
- European grid modernization expands multi-year cable backlog
- Capacity expansion capex pressures near-term free cash flow
| Net Income: 279.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.10 > 0.02 and ΔFCF/TA -15.43 > 1.0 |
| NWC/Revenue: 14.84% < 20% (prev 23.72%; Δ -8.88% < -1%) |
| CFO/TA 0.20 > 3% & CFO 1.13b > Net Income 279.0m |
| Net Debt (-560.0m) to EBITDA (379.0m): -1.48 < 3 |
| Current Ratio: 1.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.7m) vs 12m ago -0.52% < -2% |
| Gross Margin: 27.26% > 18% (prev 31.61%; Δ -4.35% > 0.5%) |
| Asset Turnover: 68.40% > 50% (prev 68.66%; Δ -0.26% > 0%) |
| Interest Coverage Ratio: 17.28 > 6 (EBIT TTM 242.0m / Interest Expense TTM 14.0m) |
| A: 0.10 (Total Current Assets 2.51b - Total Current Liabilities 1.98b) / Total Assets 5.57b |
| B: 0.34 (Retained Earnings 1.89b / Total Assets 5.57b) |
| C: 0.05 (EBIT TTM 242.0m / Avg Total Assets 5.25b) |
| D: 0.58 (Book Value of Equity 2.04b / Total Liabilities 3.53b) |
| Altman-Z'' = 2.65 = A |
| DSRI: 1.00 (Receivables 789.0m/742.0m, Revenue 3.59b/3.38b) |
| GMI: 1.16 (GM 31.61% / 27.26%) |
| AQI: 0.91 (AQ_t 0.14 / AQ_t-1 0.16) |
| SGI: 1.06 (Revenue 3.59b / 3.38b) |
| TATA: -0.15 (NI 279.0m - CFO 1.13b) / TA 5.57b) |
| Beneish M = -2.90 (Cap -4..+1) = A |
As of July 01, 2026, the stock is trading at DKK 976.00 with a total of 181,840 shares traded. Over the past week, the price has changed by -3.65%, over one month by -2.98%, over three months by +17.38% and over the past year by +90.44%.
Current recommended Stop Loss: 921.30 (which is 5.6% or 1.7 ATR below the current price).
NKT has no consensus analysts rating.
Market Cap EUR = 6.72b (50.2b DKK * 0.1338 DKK.EUR)
P/E Trailing = 25.1271
P/E Forward = 37.594
P/S = 13.9727
P/B = 3.0615
P/EG = 7.2027
Revenue TTM = 3.59b EUR
EBIT TTM = 242.0m EUR
EBITDA TTM = 379.0m EUR
Long Term Debt = 124.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 49.0m EUR (from shortTermDebt, last quarter)
Debt = 571.0m EUR (from shortLongTermDebtTotal, last quarter) + Leases 132.0m
Net Debt = -560.0m EUR (calculated: Debt 571.0m - CCE 1.13b)
Enterprise Value = 6.16b EUR (6.72b + Debt 571.0m - CCE 1.13b)
Interest Coverage Ratio = 17.28 (Ebit TTM 242.0m / Interest Expense TTM 14.0m)
EV/FCF = -10.70x (Enterprise Value 6.16b / FCF TTM -575.0m)
FCF Yield = -9.34% (FCF TTM -575.0m / Enterprise Value 6.16b)
FCF Margin = -16.01% (FCF TTM -575.0m / Revenue TTM 3.59b)
Net Margin = 7.77% (Net Income TTM 279.0m / Revenue TTM 3.59b)
Gross Margin = 27.26% ((Revenue TTM 3.59b - Cost of Revenue TTM 2.61b) / Revenue TTM)
Gross Margin QoQ = 7.06% (prev 34.71%)
Tobins Q-Ratio = 1.10 (Enterprise Value 6.16b / Total Assets 5.57b)
Interest Expense / Debt = 2.45% (Interest Expense 14.0m / Debt 571.0m)
Taxrate = 5.74% (17.0m / 296.0m)
NOPAT = 228.1m (EBIT 242.0m * (1 - 5.74%))
Current Ratio = 1.27 (Total Current Assets 2.51b / Total Current Liabilities 1.98b)
Debt / Equity = 0.28 (Debt 571.0m / totalStockholderEquity, last quarter 2.04b)
Debt / EBITDA = -1.48 (Net Debt -560.0m / EBITDA 379.0m)
Debt / FCF = 0.97 (negative FCF - burning cash) (Net Debt -560.0m / FCF TTM -575.0m)
Total Stockholder Equity = 5.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.31% (Net Income 279.0m / Total Assets 5.57b)
RoE = 5.53% (Net Income TTM 279.0m / Total Stockholder Equity 5.05b)
RoCE = 4.68% (EBIT 242.0m / Capital Employed (Equity 5.05b + L.T.Debt 124.0m))
RoIC = 6.59% (NOPAT 228.1m / Invested Capital 3.46b)
WACC = 7.18% (E(6.72b)/V(7.29b) * Re(7.59%) + D(571.0m)/V(7.29b) * Rd(2.45%) * (1-Tc(0.06)))
Discount Rate = 7.59% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: -6.81%
[DCF] Fair Price = unknown (Cash Flow -575.0m)
EPS Correlation: 92.00 | EPS CAGR: 36.53% | SUE: 1.20 | # QB: 3
Revenue Correlation: 97.03 | Revenue CAGR: 20.14% | SUE: -0.72 | # QB: 0
EPS next Quarter (2026-09-30): EPS=7.14 | Chg30d=+0.00% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=29.75 | Chg30d=-1.13% | Revisions=+29% | GrowthEPS=-18.7% | GrowthRev=+4.2%
EPS next Year (2027-12-31): EPS=40.02 | Chg30d=+3.63% | Revisions=+23% | GrowthEPS=+34.5% | GrowthRev=+15.7%
[Analyst] Revisions Ratio: +29%