Kongsberg Gruppen ASA (KOG.OL) stock analysis

In our weekly check, Kongsberg Gruppen ASA is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 5, red flags: 2.

About Kongsberg Gruppen ASA

Kongsberg Gruppen ASA is an Industrials company (Aerospace & Defense) based in Norway, listed on OSL as KOG.OL.

What our checks show for KOG.OL

Red flags

• The gross margin fell by 29.7 points, to 35.4%: costs are rising faster than prices.
• Recovering from its deepest fall took about 3.4 years.

Warning signs

• Analysts expect the net margin to shrink by 1 points from today's 17.6%.
• The dividend takes 97% of profit: little cushion if profit falls.
• The price is 36.1 times earnings (P/E): the market already pays for a lot of future growth.
• The price swings a lot: 46.6% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 43% from a peak. Would you have held through that?

Strengths

• Debt is low: 0.26x equity.
• Operating profit covers interest 24.4 times over.
• The net margin rose by 9.7 points over 5 years, to 17.6%.
• Operating cash flow is 1.25x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 27.9% a year over the next years.
• Analysts expect revenue to grow about 33.2% a year over the next years.

Next earnings report: 2026-10-29

Similar companies

RTX · GE · SAAB-B.ST · AIR.PA · BA · LMT

Questions

What grade does Kongsberg Gruppen ASA (KOG.OL) have?

In our weekly check, Kongsberg Gruppen ASA is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 5, red flags: 2. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of KOG.OL stock?

This week's biggest flags for Kongsberg Gruppen ASA: Gross margin falling, Slow recovery after falls, Margins expected to shrink. In total 7 of 25 checks show a warning or a red flag.

What does Kongsberg Gruppen ASA do?

Kongsberg Gruppen ASA is an Industrials company (Aerospace & Defense) based in Norway, listed on OSL as KOG.OL.

When does Kongsberg Gruppen ASA report earnings next?

The next earnings report is expected on 2026-10-29. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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