KBC GROUP NV (KBC.BR) Stock Fundamental Analysis
EBR:KBC • BE0003565737
116.4 EUR
-4.9 (-4.04%)
Last: Feb 12, 2026, 05:36 PM
We assign a fundamental rating of 3 out of 10 to KBC. KBC was compared to 114 industry peers in the Banks industry. Both the profitability and financial health of KBC have multiple concerns. KBC is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year KBC was profitable.
- KBC had a positive operating cash flow in the past year.
- Each year in the past 5 years KBC has been profitable.
- Of the past 5 years KBC 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.93%, KBC is in line with its industry, outperforming 53.51% of the companies in the same industry.
- KBC has a better Return On Equity (13.26%) than 65.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 13.26% | ||
| 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
- With a decent Profit Margin value of 25.84%, KBC is doing good in the industry, outperforming 62.28% of the companies in the same industry.
- KBC's Profit Margin has been stable in the last couple of years.
- 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) | 25.84% | ||
| 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
- KBC has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for KBC is higher compared to a year ago.
2.2 Solvency
- KBC has a debt to FCF ratio of 14.81. This is a negative value and a sign of low solvency as KBC would need 14.81 years to pay back of all of its debts.
- The Debt to FCF ratio of KBC (14.81) is better than 72.81% of its industry peers.
- A Debt/Equity ratio of 1.72 is on the high side and indicates that KBC has dependencies on debt financing.
- KBC has a Debt to Equity ratio (1.72) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.72 | ||
| Debt/FCF | 14.81 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.55%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 25.84% over the past year.
- The Earnings Per Share has been growing slightly by 7.34% on average over the past years.
- KBC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.25%.
- The Revenue has been growing slightly by 6.55% on average over the past years.
EPS 1Y (TTM)25.84%
EPS 3Y10.6%
EPS 5Y7.34%
EPS Q2Q%14.02%
Revenue 1Y (TTM)8.25%
Revenue growth 3Y11.18%
Revenue growth 5Y6.55%
Sales Q2Q%9.11%
3.2 Future
- KBC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.42% yearly.
- KBC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.93% yearly.
EPS Next Y4.52%
EPS Next 2Y7.47%
EPS Next 3Y8.04%
EPS Next 5Y5.42%
Revenue Next Year7.36%
Revenue Next 2Y7.78%
Revenue Next 3Y7.14%
Revenue Next 5Y7.93%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 12.92, which indicates a correct valuation of KBC.
- KBC's Price/Earnings ratio is a bit more expensive when compared to the industry. KBC is more expensive than 75.44% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.18. KBC is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 12.11, KBC is valued correctly.
- 73.68% of the companies in the same industry are cheaper than KBC, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of KBC to the average of the S&P500 Index (28.01), we can say KBC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.92 | ||
| Fwd PE | 12.11 |
4.2 Price Multiples
- 63.16% of the companies in the same industry are more expensive than KBC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.53 | ||
| 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)2.86
PEG (5Y)1.76
EPS Next 2Y7.47%
EPS Next 3Y8.04%
5. Dividend
5.1 Amount
- KBC has a Yearly Dividend Yield of 2.44%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 4.12, KBC is paying slightly less dividend.
- KBC's Dividend Yield is a higher than the S&P500 average which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
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
- 46.04% of the earnings are spent on dividend by KBC. This is a bit on the high side, but may be sustainable.
- KBC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP46.04%
EPS Next 2Y7.47%
EPS Next 3Y8.04%
EBR:KBC (2/12/2026, 5:36:15 PM)
116.4
-4.9 (-4.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)11-13 2025-11-13/bmo
Earnings (Next)02-12 2026-02-12/amc
Inst Owners29.34%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap48.60B
Revenue(TTM)13.84B
Net Income(TTM)3.58B
Analysts71.82
Price Target119.51 (2.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
Yearly Dividend4.82
Dividend Growth(5Y)6.61%
DP46.04%
Div Incr Years1
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.34%
Min EPS beat(2)3.79%
Max EPS beat(2)8.9%
EPS beat(4)4
Avg EPS beat(4)6.72%
Min EPS beat(4)3.79%
Max EPS beat(4)9.09%
EPS beat(8)7
Avg EPS beat(8)5.52%
EPS beat(12)10
Avg EPS beat(12)9.09%
EPS beat(16)14
Avg EPS beat(16)9.54%
Revenue beat(2)1
Avg Revenue beat(2)0.97%
Min Revenue beat(2)-0.49%
Max Revenue beat(2)2.43%
Revenue beat(4)3
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-0.49%
Max Revenue beat(4)2.43%
Revenue beat(8)4
Avg Revenue beat(8)0.34%
Revenue beat(12)7
Avg Revenue beat(12)6.19%
Revenue beat(16)11
Avg Revenue beat(16)15.61%
PT rev (1m)4.73%
PT rev (3m)8.49%
EPS NQ rev (1m)0.49%
EPS NQ rev (3m)0.64%
EPS NY rev (1m)0.46%
EPS NY rev (3m)1.64%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)0.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.92 | ||
| Fwd PE | 12.11 | ||
| P/S | 3.51 | ||
| P/FCF | 15.53 | ||
| P/OCF | 10.78 | ||
| P/B | 1.8 | ||
| P/tB | 2 | ||
| EV/EBITDA | N/A |
EPS(TTM)9.01
EY7.74%
EPS(NY)9.61
Fwd EY8.26%
FCF(TTM)7.49
FCFY6.44%
OCF(TTM)10.8
OCFY9.28%
SpS33.14
BVpS64.56
TBVpS58.26
PEG (NY)2.86
PEG (5Y)1.76
Graham Number114.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 13.26% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 25.84% | ||
| GM | N/A | ||
| FCFM | 22.61% |
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
ROICexgc growth 3YN/A
ROICexgc 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 Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.72 | ||
| Debt/FCF | 14.81 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 299.13% | ||
| Cap/Sales | 9.97% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 87.52% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC17.55%
ROIC/WACCN/A
Cap/Depr(3y)227.21%
Cap/Depr(5y)209.55%
Cap/Sales(3y)8.61%
Cap/Sales(5y)8.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.84%
EPS 3Y10.6%
EPS 5Y7.34%
EPS Q2Q%14.02%
EPS Next Y4.52%
EPS Next 2Y7.47%
EPS Next 3Y8.04%
EPS Next 5Y5.42%
Revenue 1Y (TTM)8.25%
Revenue growth 3Y11.18%
Revenue growth 5Y6.55%
Sales Q2Q%9.11%
Revenue Next Year7.36%
Revenue Next 2Y7.78%
Revenue Next 3Y7.14%
Revenue Next 5Y7.93%
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 1Y138.5%
FCF growth 3Y-13.57%
FCF growth 5YN/A
OCF growth 1Y164.46%
OCF growth 3Y-11.16%
OCF growth 5YN/A
KBC GROUP NV / KBC.BR FAQ
What is the ChartMill fundamental rating of KBC GROUP NV (KBC.BR) stock?
ChartMill assigns a fundamental rating of 3 / 10 to KBC.BR.
What is the valuation status of KBC GROUP NV (KBC.BR) stock?
ChartMill assigns a valuation rating of 3 / 10 to KBC GROUP NV (KBC.BR). This can be considered as Overvalued.
How profitable is KBC GROUP NV (KBC.BR) stock?
KBC GROUP NV (KBC.BR) has a profitability rating of 3 / 10.
Can you provide the expected EPS growth for KBC stock?
The Earnings per Share (EPS) of KBC GROUP NV (KBC.BR) is expected to grow by 4.52% in the next year.
Is the dividend of KBC GROUP NV sustainable?
The dividend rating of KBC GROUP NV (KBC.BR) is 4 / 10 and the dividend payout ratio is 46.04%.