Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Komplett ASA is a leading Norwegian e-commerce company specializing in consumer electronics, IT products, and gaming goods across Scandinavia. Headquartered in Sandefjord, Norway, it operates through three main segments: Business-to-Consumer (B2C), Business-to-Business (B2B), and Distribution, serving customers via multiple webshops in Norway, Sweden, and Denmark under brands like Komplett, NetOnNet, and Webhallen, as well as physical retail stores in Sweden. The company offers an extensive range of over 35,000 products, including computers, components, peripherals, PCs, brown and white goods, handheld devices, and accessories from major brands and private labels. Founded in 1991, Komplett ASA pioneered online retail in Norway with Komplett.no in 1996 and has expanded through acquisitions like NetOnNet in 2022, solidifying its position as the largest online-first electronics retailer in the Nordics. It caters to individual consumers, small and medium enterprises, public sectors, and wholesalers via platforms like Komplettbedrift.no and Itegra, emphasizing efficient logistics, customer support, and a tech-enthusiast culture. With around 1,327 employees, Komplett ASA plays a pivotal role in the consumer cyclical and internet retail sectors, bridging manufacturers and end-users in growing digital markets.
€0.53
+€0.01 (+2.30%)
EOD Jul 2, 2026
The business is unprofitable at the operating level (-0.11% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 3.2%, steady but not accelerating. Free cash flow declined 31% despite revenue growth, conversion is weakening.
Free cash flow declined 31% versus the prior year, cash generation momentum has weakened.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 15.53B
▲ +3.2% YoY
Net Income (TTM)
-NOK 640M
▼ -243.8% YoY
Op. Margin
0.06%
▲ +0.3pp YoY
ROIC
-0.37%
▲ +0.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
NOK 270M
▼ -31.1% YoY
Op. Cash Flow (TTM)
NOK 383M
▼ -29.8% YoY
Net Debt
NOK 492M
Cash & Equiv.
NOK 806M
3Y CAGR: +2.5%
3Y CAGR: -12.2%
Continue Research
Komplett ASA (KOMPL.XOSL) trades below a two-stage DCF intrinsic value of about NOK 74.92 per share, so at NOK 0.53 the stock looks undervalued (13,930.6% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Komplett ASA scores 37/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about NOK 74.92 per share for KOMPL.XOSL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around NOK 56.19. At today's NOK 0.53, that puts the stock about 13,930.6% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Komplett ASA scores 37 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 0.1% operating margin and a -0.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. KOMPL.XOSL currently trades below its estimated intrinsic value and scores 37/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.