KORE Group Holdings, Inc.

KORE Group Holdings, Inc.

KORE·NYSE

$9.19

+0.22%
Communication ServicesTelecommunications Services

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity, location-based, device solutions, and managed and professional services that are used in the development and support of IoT technology for the Machine-to-Machine market. The company provides Connectivity-as-a-Service; IoT solutions and analytics to fleet tracking companies; and asset monitoring, communications, and industrial IoT services. It serves customers operating in a range of sectors, including healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing. The company was founded in 2002 and is headquartered in Alpharetta, Georgia.

At a Glance

Live Snapshot
Market Cap$161.63M
EPS-3.1900
P/E Ratio-2.88
Earnings Date08/13/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -2.9).

Valuation inputs: P/E -2.9, earnings yield N/A, momentum +0.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +38.5%, ROIC +12.1%).

Profitability stack: net margin -22.0%, ROE +38.5%, ROIC +12.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +139.9%, momentum +0.2%, net margin -22.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

kore

KORE Group Holdings, Inc. Market vs Earnings Trajectory

KORE · NYSE

Loading price and EPS data...

KORE Group Holdings, Inc.

KORE Group Holdings, Inc. Fair Value Envelope

KORE · NYSE

Our analysis suggests that KORE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.19, this represents a potential HIDDEN relative to our calculated worth for KORE Group Holdings, Inc..

Intrinsic Value
Current Price: $9.19
3Y-54.0%
5Y-43.0%
10Y+739.0%
3Y+7.0%
5Y+34.0%
10Y+69.0%
3Y-41.0%
5Y+79.0%
10Y+169.0%
3Y+13.0%
5Y-30.0%
10Y+30.0%
3Y-4675.0%
5Y-40.0%
10Y+531.0%
3Y-40.0%
5Y-41.0%
10Y-43.0%
KORE Group Holdings, Inc.

KORE Group Holdings, Inc. Profit Bridge

KORE · NYSE
Revenue285.94M
Cost of Goods Sold (128.01M)
Gross Profit157.93M
Operating Expenses (115.53M)
Operating Income42.40M
Interest Expense (53.38M)
Other Income/Expense-106.96M
Pretax Income-64.56M
Income Tax (-1.58M)
Net Income-62.98M
Net Income
-62.98M

Profitability Analysis

Gross Margin

55.2%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

14.8%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

-22.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

55.23%
Gross Profit Margin
-1%
3Y+6.0%
5Y+2.0%
10Y-11.0%
14.83%
Operating Profit Margin
-141%
3Y-53.0%
5Y-432.0%
10Y-416.0%
-22.02%
Net Profit Margin
-57%
3Y-44.0%
5Y+34.0%
10Y+59.0%
38.45%
Return on Equity
-74%
3Y-165.0%
5Y-122.0%
10Y-619.0%
-15.34%
Return on Assets
-52%
3Y-1.0%
5Y+205.0%
10Y+374.0%
12.13%
Return on Invested Capital
-148%
3Y+1.0%
5Y-1054.0%
10Y-1737.0%
KORE

KORE Group Holdings, Inc. Cash Conversion Engine

KORE · NYSE
Net Income-62.98M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital22.23M
Others59.23M
Capital Expenditures-9.84M
Free Cash Flow8.65M

Cash Flow Quality Analysis

FCF Conversion Rate

-13.7%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

53.2%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

+21.8%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$22.23M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

kore

KORE Group Holdings, Inc. Funding & Solvency Profile

KORE · NYSE
Cash & Cash Equivalents28.92M
Net Receivables41.71M
Inventory3.71M
Other Current Assets8.76M
Total Current Assets83 M
Property, Plant & Equipment7.42M
Goodwill & Intangible Assets301.10M
Long-Term Investments0.00
Other Non-Current Assets4.50M
Total Non-Current Assets12 M
Total Assets
396.11M

Financial Health Analysis

Current Ratio

1.05x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Working Capital

4 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

21% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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KORE Group Holdings, Inc. Street Expectations Map

KORE · NYSE

No Target Data

No analyst price targets available for kore.

kore

KORE Group Holdings, Inc. Insider Positioning

KORE · NYSE

During the last 12 months, insiders have sold $12K worth of KORE shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

5.0K

12.19K

Net Activity

-12K

-$12K

Top Buyers

No buying activity

Top Sellers

1
TR

Totton Ronald

Director, Officer: President & Ceo

5.0K shares1 transactions

$12K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $12K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

No Dividend Yield Data

KORE has not reported any dividend yield values in the available annual periods.

 

kore Dividend History

KORE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%