Kitron ASA (Norway) Performance
| KIT Stock | NOK 30.28 0.12 0.39% |
The company secures a Beta (Market Risk) of -0.0215, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kitron ASA are expected to decrease at a much lower rate. During the bear market, Kitron ASA is likely to outperform the market. At this point, Kitron ASA has a negative expected return of -0.2%. Please make sure to verify Kitron ASA's daily balance of power, and the relationship between the skewness and day typical price , to decide if Kitron ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Kitron ASA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's basic indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
| Begin Period Cash Flow | -81 M | |
| Total Cashflows From Investing Activities | -46 M |
Kitron |
Kitron ASA Relative Risk vs. Return Landscape
If you would invest 3,472 in Kitron ASA on August 28, 2024 and sell it today you would lose (444.00) from holding Kitron ASA or give up 12.79% of portfolio value over 90 days. Kitron ASA is producing return of less than zero assuming 1.6719% volatility of returns over the 90 days investment horizon. Simply put, 14% of all stocks have less volatile historical return distribution than Kitron ASA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Kitron ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kitron ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kitron ASA, and traders can use it to determine the average amount a Kitron ASA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1195
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| Negative Returns | KIT |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kitron ASA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kitron ASA by adding Kitron ASA to a well-diversified portfolio.
Kitron ASA Fundamentals Growth
Kitron Stock prices reflect investors' perceptions of the future prospects and financial health of Kitron ASA, and Kitron ASA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Kitron Stock performance.
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0496 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 6.87 B | |||
| Shares Outstanding | 196.96 M | |||
| Price To Earning | 15.74 X | |||
| Price To Book | 3.78 X | |||
| Price To Sales | 0.93 X | |||
| Revenue | 3.71 B | |||
| EBITDA | 330.79 M | |||
| Cash And Equivalents | 428.04 M | |||
| Cash Per Share | 0.49 X | |||
| Total Debt | 206.23 M | |||
| Debt To Equity | 118.00 % | |||
| Book Value Per Share | 7.39 X | |||
| Cash Flow From Operations | 126.31 M | |||
| Earnings Per Share | 0.88 X | |||
| Total Asset | 3.31 B | |||
| Current Asset | 959 M | |||
| Current Liabilities | 660 M | |||
About Kitron ASA Performance
By examining Kitron ASA's fundamental ratios, stakeholders can obtain critical insights into Kitron ASA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Kitron ASA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Kitron ASA, an electronic manufacturing services company, together with its subsidiaries, develops, industrializes, and manufactures electronics for the energytelecoms, defenseaerospace, offshoremarine, medical device, and industry sectors. The company provides its products and services in Norway, Sweden, Lithuania, Germany, China, and the United States. KITRON ASA operates under Electronic Components classification in Norway and is traded on Oslo Stock Exchange. It employs 1682 people.Things to note about Kitron ASA performance evaluation
Checking the ongoing alerts about Kitron ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kitron ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kitron ASA generated a negative expected return over the last 90 days | |
| Kitron ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 15.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Kitron ASA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Kitron ASA's stock is overvalued or undervalued compared to its peers.
- Examining Kitron ASA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Kitron ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kitron ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kitron ASA's stock. These opinions can provide insight into Kitron ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Kitron Stock
Kitron ASA financial ratios help investors to determine whether Kitron Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kitron with respect to the benefits of owning Kitron ASA security.