NKT A/S
NKT
Rank in Stocks
#2733
Headquartered in Brøndby, Denmark, NKT A/S is a long-established company,... Headquartered in Brøndby, Denmark, NKT A/S is a long-established company, founded in 1891. This Danish firm specializes in the development, manufacturing, and global distribution of diverse cable solutions, along with their associated accessories and comprehensive services. Its operations are structured across three key segments: Solutions, Applications, and Service & Accessories. The company's product portfolio encompasses a wide array of high-voltage cable solutions, including onshore and offshore AC and DC cables, urban infrastructure cabling, and dynamic cables. It also supplies medium-voltage and general-purpose cables, alongside various low-voltage offerings such as building wires, flexible cables and conduits, control cables, 1 kV cables, and specialized telecom energy cables. Furthermore, NKT provides an extensive range of high-voltage cable accessories, including GIS/transformer terminations, low-pressure oil-filled cable systems, outdoor terminations, components for wind power applications, and various joints. For medium-voltage systems, the company offers accessories like cable joints, connectors, voltage terminations, cable branch cabinets, paper-insulated lead sheath cables, and pre-assembled connection cables. Beyond products, NKT delivers crucial onshore cable services, such as maintenance, spare parts management, on-call resource provision, cable jointing and termination, and repair readiness programs. Additionally, its service offerings extend to offshore cable support, high-voltage testing, cable monitoring, specialized competence centers for oil and gas cables, and technology consulting. Previously known as NKT Holding A/S, the company adopted its current name, NKT A/S, in May 2017.
Share Price
$130.19
Market Cap
$6.96B
Change (1 day)
-1.03%
Change (1 year)
13.38%
Country
DK
Trade NKT A/S (NKT)
Category
Industrials
P/E ratio for NKT A/S (NKT)
P/E ratio as of October 2026 TTM: 22.75
According to NKT A/S latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.75. At the end of 2023 the company had a P/E ratio of 29.60.
P/E ratio history for NKT A/S from 2002 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 22.75 | 107.00% |
| 2024 | 10.99 | -62.87% |
| 2023 | 29.60 | -16.92% |
| 2022 | 35.63 | -92.66% |
| 2021 | 485.35 | -3,055.45% |
| 2020 | -16.42 | 97.29% |
| 2019 | -8.32 | 0.23% |
| 2018 | -8.30 | -97.60% |
| 2017 | -346.44 | 563.47% |
| 2016 | -52.22 | -108.05% |
| 2015 | 648.76 | 4,006.25% |
| 2014 | 15.80 | 11.21% |
| 2013 | 14.21 | -0.97% |
| 2012 | 14.35 | -28.27% |
| 2011 | 20.00 | 36.39% |
| 2010 | 14.67 | -9.55% |
| 2009 | 16.21 | 366.32% |
| 2008 | 3.48 | -52.73% |
| 2007 | 7.36 | -35.36% |
| 2006 | 11.38 | 2.85% |
| 2005 | 11.06 | -6.52% |
| 2004 | 11.84 | -39.59% |
| 2003 | 19.59 | -1,715.82% |
| 2002 | -1.21 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
CH
|
|
| - | - |
CN
|
|
| 41.47 | 82.27% |
IE
|
|
| - | - |
TH
|
|
| 49.30 | 116.70% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.