Note Receivable - Kitron ASA (OSE:KIT)

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Price: 82.45 NOK 1.79% Market Closed

Market Cap: kr17.8B

Kitron ASA
Note Receivable

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Kitron ASA
Note Receivable Peer Comparison

Company		Note Receivable	CAGR 3Y	CAGR 5Y	CAGR 10Y
	Kitron ASA OSE:KIT	Note Receivable €300k	CAGR 3-Years -33%	CAGR 5-Years -9%	CAGR 10-Years N/A

Kitron ASA
Glance View

Economic Moat

None

Market Cap

17.8B NOK

Industry

Electrical Equipment

Kitron ASA is an international electronics manufacturing services company, which manufactures both electronics embedded in the product of the customers and box-built electronic products. The company is headquartered in Billingstad, Akershus and currently employs 1,749 full-time employees. The firm supplies electronics, which are embedded in the customer products, box-built electronic devices, as well as high-level assembly (HLA) of complex electromechanical products. The company provides services to five segments: Defense/Aerospace, which comprises military avionics, military communications and weapon control systems; Energy/Telecoms, which offers components for transmission systems, high frequency microwave modules, and radio frequency systems, among others; Industry, including control systems, electronic control units (ECU) and automated systems; Medical equipment, which offers ultrasound and cardiology systems, respiratory and medical devices, as well as lab and in-vitro diagnostics (IVD); and Offshore/Marine, which provides subsea production systems, and oil and gas exploration equipment, among others. The company is a parent of a number of entities, such as Kitron GmbH.

View KIT Analysis

KIT Intrinsic Value

Overvaluation 39%

Intrinsic Value

Price

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

The AI Assistant may sometimes provide inaccurate information.

Make your own investment decisions or consult a licensed financial advisor.

Kitron ASA
OSE:KIT

Kitron ASA
Note Receivable

Kitron ASA
Note Receivable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Kitron ASA
Glance View

See Also

What is Kitron ASA's Note Receivable?

Note Receivable
300k EUR

What is Kitron ASA's Note Receivable growth rate?

Note Receivable CAGR 5Y
-9%

Company

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Kitron ASA OSE:KIT

Kitron ASA Note Receivable

Kitron ASA Note Receivable Peer Comparison

Competitors Analysis Latest Figures & CAGR of Competitors

Kitron ASA Glance View

See Also

What is Kitron ASA's Note Receivable? Note Receivable 300k EUR

What is Kitron ASA's Note Receivable growth rate? Note Receivable CAGR 5Y -9%

Company

Help

Tools

Stocks

Kitron ASA
OSE:KIT

Kitron ASA
Note Receivable

Kitron ASA
Note Receivable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Kitron ASA
Glance View

What is Kitron ASA's Note Receivable?

Note Receivable
300k EUR

What is Kitron ASA's Note Receivable growth rate?

Note Receivable CAGR 5Y
-9%