Kitron ASA/Nkr KIT
1D1W1MYTD1Y5YMAX
Capital at risk
About Kitron ASA
Kitron ASA is an electronics manufacturing services (EMS) company, primarily serving the defense, aerospace, offshore/marine, medical devices, energy/telecoms, and industry sectors. It provides services such as prototyping, industrialization, and the production of electronic circuit boards and complex systems. Founded in 1962 and headquartered in Asker, Norway, Kitron operates manufacturing facilities in Norway, Sweden, Lithuania, Germany, Poland, the United States, and China. The company leverages its broad geographic footprint to deliver customer-driven solutions and flexible manufacturing capabilities. Kitron's competitive strengths include its sector-specific expertise and ability to manage complex manufacturing processes across different regions.
- Ticker
- Nkr KIT
- Sector
- Digital Hardware
- Primary listing
- XOSL
- Employees
- 3,359
- Headquarters
- Billingstad, Norway
- Website
- kitron.com
Kitron ASA Metrics
BasicAdvanced
kr 21B
27.68
kr 3.45
0.98
kr 0.70
0.73%
Price and volume
Market cap
kr 21B
Beta
0.98
52-week high
kr 116.30
52-week low
kr 56.20
Average daily volume
695K
Dividend rate
kr 0.70
Financial strength
Current ratio
1.478
Quick ratio
1.029
Long term debt to equity
0.305
Total debt to equity
0.373
Dividend payout ratio (TTM)
8.88%
Interest coverage (TTM)
12.30%
Profitability
EBITDA (TTM)
1,129.753
Gross margin (TTM)
33.38%
Net profit margin (TTM)
6.97%
Operating margin (TTM)
9.26%
Effective tax rate (TTM)
19.43%
Revenue per employee (TTM)
kr 3,132,200
Management effectiveness
Return on assets (TTM)
7.53%
Return on equity (TTM)
23.81%
Valuation
Price to earnings (TTM)
27.682
Price to revenue (TTM)
1.929
Price to book
57.82
Price to tangible book (TTM)
114.66
Price to free cash flow (TTM)
18.382
Free cash flow yield (TTM)
5.44%
Free cash flow per share (TTM)
5.19
Dividend yield (TTM)
0.73%
Forward dividend yield
0.73%
Growth
Revenue change (TTM)
50.96%
Earnings per share change (TTM)
125.15%
3-year revenue growth (CAGR)
9.59%
10-year revenue growth (CAGR)
18.26%
3-year earnings per share growth (CAGR)
12.39%
10-year earnings per share growth (CAGR)
23.56%
3-year dividend per share growth (CAGR)
8.11%
10-year dividend per share growth (CAGR)
12.45%
Bulls say / Bears say
Kitron reported record Q2 revenue of EUR 295.7 million, a 72 % year-on-year increase driven by strong Defence & Aerospace demand (Euronext)
The company revised its full-year 2026 outlook upwards, indicating confidence in achieving the upper half of its EUR 900–1 050 million revenue guidance (Reuters)
Kitron secured a EUR 37 million order for next-generation tactical communication equipment, underscoring its strength in high-complexity RF systems for defence customers (Reuters)
High capital expenditure for the planned Swedish facility expansion—expected to commence in early 2027 and complete in early 2028—may strain Kitron’s free cash flow and elevate leverage in the near term (Kitron ASA)
Operational efficiency in Q1 was hampered by supply timing and front-end loading challenges, signaling potential sustainability risks for EBIT margins despite robust top-line growth (Kitron Q1 Presentation)
The Defence & Aerospace segment accounted for around 50 % of Q1 revenues, increasing Kitron’s earnings volatility due to its heightened exposure to cyclical government defence budgets (Kitron Q1 Presentation)
Data summarised monthly by Lightyear AI. Last updated on 25 Aug 2026.
Upcoming events
No upcoming events
Funds containing Kitron ASA
AllGBPEURUSD
Fund name | Fund size | Nkr KIT weighting |
|---|---|---|
Wisdomtree Europe Defence£WDEP | £4.2B | 0.14% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.13% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.13% |
Wisdomtree Europe Defence€EUDF | €4.9B | 0.10% |
iShares MSCI World Small Cap$WSML | $9B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.