KBC GROUP NV (KBC.BR) Stock Fundamental Analysis
Europe - EBR:KBC - BE0003565737 - Common Stock
100.475 EUR
-0.37 (-0.37%)
We assign a fundamental rating of 4 out of 10 to KBC. KBC was compared to 95 industry peers in the Banks industry. KBC has a medium profitability rating, but doesn't score so well on its financial health evaluation. KBC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
KBC had positive earnings in the past year.
KBC had a positive operating cash flow in the past year.
Each year in the past 5 years KBC has been profitable.
KBC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
KBC has a better Return On Assets (0.89%) than 65.26% of its industry peers.
The Return On Equity of KBC (13.20%) is better than 71.58% 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
KBC's Profit Margin of 25.70% is fine compared to the rest of the industry. KBC outperforms 70.53% of its industry peers.
In the last couple of years the Profit Margin of KBC has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for KBC so they could not be analyzed.
| 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
The number of shares outstanding for KBC has been reduced compared to 5 years ago.
Compared to 1 year ago, KBC has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of KBC is 7.45, which is on the high side as it means it would take KBC, 7.45 years of fcf income to pay off all of its debts.
KBC has a Debt to FCF ratio of 7.45. This is amongst the best in the industry. KBC outperforms 87.37% 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 58.95% 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
WACC18.49%
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.
The Revenue has been growing slightly by 7.07% in the past year.
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
The Earnings Per Share is expected to grow by 6.78% on average over the next years.
Based on estimates for the next years, KBC will show a small growth in Revenue. The Revenue will grow by 7.16% on average per year.
EPS Next Y0.7%
EPS Next 2Y5.33%
EPS Next 3Y6.87%
EPS Next 5Y6.78%
Revenue Next Year6.51%
Revenue Next 2Y6.93%
Revenue Next 3Y6.51%
Revenue Next 5Y7.16%
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 stable.
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
Based on the Price/Earnings ratio of 11.54, the valuation of KBC can be described as reasonable.
68.42% of the companies in the same industry are cheaper than KBC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of KBC to the average of the S&P500 Index (27.20), we can say KBC is valued rather cheaply.
KBC is valuated reasonably with a Price/Forward Earnings ratio of 10.88.
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 60.00% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.71. KBC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.54 | ||
| Fwd PE | 10.88 |
4.2 Price Multiples
KBC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KBC is cheaper than 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.74 | ||
| 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)16.38
PEG (5Y)1.57
EPS Next 2Y5.33%
EPS Next 3Y6.87%
5. Dividend
5.1 Amount
KBC has a Yearly Dividend Yield of 2.86%.
Compared to an average industry Dividend Yield of 4.93, KBC is paying slightly less dividend.
KBC's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
The dividend of KBC is nicely growing with an annual growth rate of 6.61%!
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.
The dividend of KBC is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP47.59%
EPS Next 2Y5.33%
EPS Next 3Y6.87%
EBR:KBC (9/17/2025, 10:53:05 AM)
100.475
-0.37 (-0.37%)
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 Cap41.95B
Analysts71.82
Price Target105.64 (5.14%)
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)12.35%
PT rev (3m)13.99%
EPS NQ rev (1m)0.83%
EPS NQ rev (3m)6.05%
EPS NY rev (1m)4.61%
EPS NY rev (3m)4.61%
Revenue NQ rev (1m)0.4%
Revenue NQ rev (3m)2.97%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.54 | ||
| Fwd PE | 10.88 | ||
| P/S | 3.12 | ||
| P/FCF | 6.74 | ||
| P/OCF | 5.5 | ||
| P/B | 1.6 | ||
| P/tB | 1.77 | ||
| EV/EBITDA | N/A |
EPS(TTM)8.71
EY8.67%
EPS(NY)9.23
Fwd EY9.19%
FCF(TTM)14.9
FCFY14.83%
OCF(TTM)18.26
OCFY18.17%
SpS32.23
BVpS62.76
TBVpS56.63
PEG (NY)16.38
PEG (5Y)1.57
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
WACC18.49%
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 5Y6.78%
Revenue 1Y (TTM)7.07%
Revenue growth 3Y11.18%
Revenue growth 5Y6.55%
Sales Q2Q%8.26%
Revenue Next Year6.51%
Revenue Next 2Y6.93%
Revenue Next 3Y6.51%
Revenue Next 5Y7.16%
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