KBC GROUP NV (KBC.BR) Stock Fundamental Analysis
EBR:KBC - BE0003565737 - Common Stock
100.75 EUR
-0.85 (-0.84%)
KBC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 96 industry peers in the Banks industry. While KBC is still in line with the averages on profitability rating, there are concerns on its financial health. KBC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
KBC had positive earnings in the past year.
In the past year KBC had a positive cash flow from operations.
In the past 5 years KBC has always been profitable.
KBC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
KBC has a Return On Assets of 0.89%. This is in the better half of the industry: KBC outperforms 63.54% of its industry peers.
The Return On Equity of KBC (13.20%) is better than 69.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.89% | ||
| ROE | 13.2% | ||
| ROIC | N/A |
ROA(3y)0.88%
ROA(5y)0.76%
ROE(3y)13.38%
ROE(5y)11.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of KBC (25.70%) is better than 69.79% of its industry peers.
In the last couple of years the Profit Margin of KBC has remained more or less at the same level.
KBC does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 25.7% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-1.86%
PM growth 5Y-0.07%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
KBC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, KBC has less shares outstanding
Compared to 5 years ago, KBC has less shares outstanding
Compared to 1 year ago, KBC has a worse debt to assets ratio.
2.2 Solvency
KBC has a debt to FCF ratio of 7.45. This is a slightly negative value and a sign of low solvency as KBC would need 7.45 years to pay back of all of its debts.
KBC has a better Debt to FCF ratio (7.45) than 87.50% of its industry peers.
A Debt/Equity ratio of 1.77 is on the high side and indicates that KBC has dependencies on debt financing.
With a Debt to Equity ratio value of 1.77, KBC perfoms like the industry average, outperforming 59.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.77 | ||
| Debt/FCF | 7.45 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC18.5%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
KBC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.85%, which is quite impressive.
KBC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.34% yearly.
KBC shows a small growth in Revenue. In the last year, the Revenue has grown by 7.07%.
KBC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.55% yearly.
EPS 1Y (TTM)22.85%
EPS 3Y10.6%
EPS 5Y7.34%
EPS Q2Q%11.11%
Revenue 1Y (TTM)7.07%
Revenue growth 3Y11.18%
Revenue growth 5Y6.55%
Sales Q2Q%8.26%
3.2 Future
KBC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.67% yearly.
The Revenue is expected to grow by 7.09% on average over the next years.
EPS Next Y0.7%
EPS Next 2Y5.33%
EPS Next 3Y6.87%
EPS Next 5Y6.67%
Revenue Next Year7.61%
Revenue Next 2Y7.36%
Revenue Next 3Y6.85%
Revenue Next 5Y7.09%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.57, the valuation of KBC can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of KBC indicates a slightly more expensive valuation: KBC is more expensive than 71.88% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.13, KBC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.91, the valuation of KBC can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KBC indicates a slightly more expensive valuation: KBC is more expensive than 61.46% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.76, KBC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.57 | ||
| Fwd PE | 10.91 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, KBC is valued a bit cheaper than the industry average as 78.13% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.76 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates KBC does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)16.43
PEG (5Y)1.58
EPS Next 2Y5.33%
EPS Next 3Y6.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.86%, KBC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.01, KBC is paying slightly less dividend.
KBC's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
On average, the dividend of KBC grows each year by 6.61%, which is quite nice.
Dividend Growth(5Y)6.61%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
KBC pays out 47.59% of its income as dividend. This is a bit on the high side, but may be sustainable.
KBC's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP47.59%
EPS Next 2Y5.33%
EPS Next 3Y6.87%
EBR:KBC (8/29/2025, 7:00:00 PM)
100.75
-0.85 (-0.84%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners28.61%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap42.07B
Analysts70
Price Target101.97 (1.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
Yearly Dividend4.82
Dividend Growth(5Y)6.61%
DP47.59%
Div Incr Years1
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9%
Min EPS beat(2)8.9%
Max EPS beat(2)9.09%
EPS beat(4)4
Avg EPS beat(4)8.02%
Min EPS beat(4)5.1%
Max EPS beat(4)9.09%
EPS beat(8)7
Avg EPS beat(8)5.67%
EPS beat(12)10
Avg EPS beat(12)9.76%
EPS beat(16)13
Avg EPS beat(16)9.2%
Revenue beat(2)2
Avg Revenue beat(2)1.61%
Min Revenue beat(2)0.8%
Max Revenue beat(2)2.43%
Revenue beat(4)3
Avg Revenue beat(4)0.94%
Min Revenue beat(4)-1.1%
Max Revenue beat(4)2.43%
Revenue beat(8)4
Avg Revenue beat(8)0.37%
Revenue beat(12)8
Avg Revenue beat(12)9.76%
Revenue beat(16)12
Avg Revenue beat(16)18.43%
PT rev (1m)9.57%
PT rev (3m)14.27%
EPS NQ rev (1m)4.1%
EPS NQ rev (3m)6.05%
EPS NY rev (1m)4.61%
EPS NY rev (3m)4.61%
Revenue NQ rev (1m)0.76%
Revenue NQ rev (3m)2.57%
Revenue NY rev (1m)0.98%
Revenue NY rev (3m)1.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.57 | ||
| Fwd PE | 10.91 | ||
| P/S | 3.13 | ||
| P/FCF | 6.76 | ||
| P/OCF | 5.52 | ||
| P/B | 1.61 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | N/A |
EPS(TTM)8.71
EY8.65%
EPS(NY)9.23
Fwd EY9.16%
FCF(TTM)14.9
FCFY14.79%
OCF(TTM)18.26
OCFY18.12%
SpS32.23
BVpS62.76
TBVpS56.63
PEG (NY)16.43
PEG (5Y)1.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.89% | ||
| ROE | 13.2% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 25.7% | ||
| GM | N/A | ||
| FCFM | 46.22% |
ROA(3y)0.88%
ROA(5y)0.76%
ROE(3y)13.38%
ROE(5y)11.54%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-1.86%
PM growth 5Y-0.07%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.77 | ||
| Debt/FCF | 7.45 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 304.56% | ||
| Cap/Sales | 10.43% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 179.82% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC18.5%
ROIC/WACCN/A
Cap/Depr(3y)227.21%
Cap/Depr(5y)209.55%
Cap/Sales(3y)8.62%
Cap/Sales(5y)8.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.85%
EPS 3Y10.6%
EPS 5Y7.34%
EPS Q2Q%11.11%
EPS Next Y0.7%
EPS Next 2Y5.33%
EPS Next 3Y6.87%
EPS Next 5Y6.67%
Revenue 1Y (TTM)7.07%
Revenue growth 3Y11.18%
Revenue growth 5Y6.55%
Sales Q2Q%8.26%
Revenue Next Year7.61%
Revenue Next 2Y7.36%
Revenue Next 3Y6.85%
Revenue Next 5Y7.09%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y142.07%
FCF growth 3Y-13.57%
FCF growth 5YN/A
OCF growth 1Y155.59%
OCF growth 3Y-11.16%
OCF growth 5YN/A