KNORR-BREMSE AG (KBX.DE) Stock Fundamental Analysis
FRA:KBX - Deutsche Boerse Ag - DE000KBX1006 - Common Stock - Currency: EUR
KBX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 110 industry peers in the Machinery industry. While KBX has a great profitability rating, there are some minor concerns on its financial health. KBX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year KBX was profitable.
KBX had a positive operating cash flow in the past year.
Each year in the past 5 years KBX has been profitable.
KBX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KBX has a Return On Assets of 4.38%. This is in the better half of the industry: KBX outperforms 69.09% of its industry peers.
KBX has a better Return On Equity (13.60%) than 81.82% of its industry peers.
With a decent Return On Invested Capital value of 10.31%, KBX is doing good in the industry, outperforming 80.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KBX is above the industry average of 8.59%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.38% | ||
| ROE | 13.6% | ||
| ROIC | 10.31% |
ROA(3y)5.81%
ROA(5y)6.55%
ROE(3y)17.72%
ROE(5y)21.38%
ROIC(3y)11%
ROIC(5y)12.85%
1.3 Margins
The Profit Margin of KBX (5.42%) is better than 66.36% of its industry peers.
KBX's Profit Margin has declined in the last couple of years.
The Operating Margin of KBX (11.16%) is better than 80.91% of its industry peers.
In the last couple of years the Operating Margin of KBX has declined.
The Gross Margin of KBX (54.20%) is better than 71.82% of its industry peers.
In the last couple of years the Gross Margin of KBX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.16% | ||
| PM (TTM) | 5.42% | ||
| GM | 54.2% |
OM growth 3Y-5.47%
OM growth 5Y-5.98%
PM growth 3Y-15.23%
PM growth 5Y-7.82%
GM growth 3Y1.46%
GM growth 5Y0.78%
2. Health
2.1 Basic Checks
KBX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
KBX has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for KBX remains at a similar level compared to 5 years ago.
The debt/assets ratio for KBX is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.09 indicates that KBX is not in any danger for bankruptcy at the moment.
KBX's Altman-Z score of 3.09 is fine compared to the rest of the industry. KBX outperforms 75.45% of its industry peers.
KBX has a debt to FCF ratio of 4.77. This is a neutral value as KBX would need 4.77 years to pay back of all of its debts.
KBX has a better Debt to FCF ratio (4.77) than 61.82% of its industry peers.
KBX has a Debt/Equity ratio of 0.80. This is a neutral value indicating KBX is somewhat dependend on debt financing.
The Debt to Equity ratio of KBX (0.80) is worse than 70.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 4.77 | ||
| Altman-Z | 3.09 |
ROIC/WACC1.67
WACC6.19%
2.3 Liquidity
A Current Ratio of 1.66 indicates that KBX should not have too much problems paying its short term obligations.
KBX has a Current ratio (1.66) which is comparable to the rest of the industry.
A Quick Ratio of 1.28 indicates that KBX should not have too much problems paying its short term obligations.
KBX has a Quick ratio of 1.28. This is in the better half of the industry: KBX outperforms 69.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
The earnings per share for KBX have decreased strongly by -27.12% in the last year.
KBX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.37% yearly.
The Revenue has decreased by -1.57% in the past year.
Measured over the past years, KBX shows a small growth in Revenue. The Revenue has been growing by 2.59% on average per year.
EPS 1Y (TTM)-27.12%
EPS 3Y-10.55%
EPS 5Y-5.37%
EPS Q2Q%-11.58%
Revenue 1Y (TTM)-1.57%
Revenue growth 3Y5.54%
Revenue growth 5Y2.59%
Sales Q2Q%0.55%
3.2 Future
Based on estimates for the next years, KBX will show a very strong growth in Earnings Per Share. The EPS will grow by 24.70% on average per year.
KBX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.44% yearly.
EPS Next Y53.02%
EPS Next 2Y32.4%
EPS Next 3Y24.7%
EPS Next 5YN/A
Revenue Next Year2.75%
Revenue Next 2Y3.85%
Revenue Next 3Y4.23%
Revenue Next 5Y4.44%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 31.47, which means the current valuation is very expensive for KBX.
Compared to the rest of the industry, the Price/Earnings ratio of KBX is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.31, KBX is valued at the same level.
KBX is valuated rather expensively with a Price/Forward Earnings ratio of 17.24.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KBX is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.13. KBX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.47 | ||
| Fwd PE | 17.24 |
4.2 Price Multiples
KBX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. KBX is more expensive than 63.64% of the companies in the same industry.
KBX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KBX is cheaper than 60.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.26 | ||
| EV/EBITDA | 11.96 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KBX has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KBX's earnings are expected to grow with 24.70% in the coming years.
PEG (NY)0.59
PEG (5Y)N/A
EPS Next 2Y32.4%
EPS Next 3Y24.7%
5. Dividend
5.1 Amount
KBX has a Yearly Dividend Yield of 2.05%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.75, KBX pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, KBX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
5.2 History
The dividend of KBX decreases each year by -1.29%.
Dividend Growth(5Y)-1.29%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
61.97% of the earnings are spent on dividend by KBX. This is not a sustainable payout ratio.
DP61.97%
EPS Next 2Y32.4%
EPS Next 3Y24.7%
FRA:KBX (6/13/2025, 7:00:00 PM)
83.7
-1.85 (-2.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners26.38%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap13.49B
Analysts72.38
Price Target88.97 (6.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
Yearly Dividend1.64
Dividend Growth(5Y)-1.29%
DP61.97%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-45.57%
Min EPS beat(2)-81.09%
Max EPS beat(2)-10.05%
EPS beat(4)0
Avg EPS beat(4)-25.9%
Min EPS beat(4)-81.09%
Max EPS beat(4)-1.83%
EPS beat(8)2
Avg EPS beat(8)-14.63%
EPS beat(12)3
Avg EPS beat(12)-12.03%
EPS beat(16)7
Avg EPS beat(16)-6.72%
Revenue beat(2)0
Avg Revenue beat(2)-2.45%
Min Revenue beat(2)-3.14%
Max Revenue beat(2)-1.76%
Revenue beat(4)0
Avg Revenue beat(4)-1.5%
Min Revenue beat(4)-3.14%
Max Revenue beat(4)0%
Revenue beat(8)3
Avg Revenue beat(8)-0.03%
Revenue beat(12)6
Avg Revenue beat(12)0.42%
Revenue beat(16)8
Avg Revenue beat(16)0.25%
PT rev (1m)2.05%
PT rev (3m)7.79%
EPS NQ rev (1m)-7.8%
EPS NQ rev (3m)-6.07%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.85%
Revenue NQ rev (1m)-2.21%
Revenue NQ rev (3m)-3.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.47 | ||
| Fwd PE | 17.24 | ||
| P/S | 1.72 | ||
| P/FCF | 16.26 | ||
| P/OCF | 11.67 | ||
| P/B | 4.31 | ||
| P/tB | 10.03 | ||
| EV/EBITDA | 11.96 |
EPS(TTM)2.66
EY3.18%
EPS(NY)4.86
Fwd EY5.8%
FCF(TTM)5.15
FCFY6.15%
OCF(TTM)7.17
OCFY8.57%
SpS48.8
BVpS19.44
TBVpS8.34
PEG (NY)0.59
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.38% | ||
| ROE | 13.6% | ||
| ROCE | 13.89% | ||
| ROIC | 10.31% | ||
| ROICexc | 16.38% | ||
| ROICexgc | 29.76% | ||
| OM | 11.16% | ||
| PM (TTM) | 5.42% | ||
| GM | 54.2% | ||
| FCFM | 10.55% |
ROA(3y)5.81%
ROA(5y)6.55%
ROE(3y)17.72%
ROE(5y)21.38%
ROIC(3y)11%
ROIC(5y)12.85%
ROICexc(3y)15.76%
ROICexc(5y)21.9%
ROICexgc(3y)25.91%
ROICexgc(5y)40.46%
ROCE(3y)14.82%
ROCE(5y)17.3%
ROICexcg growth 3Y-1.52%
ROICexcg growth 5Y-9.53%
ROICexc growth 3Y-8.39%
ROICexc growth 5Y-12.76%
OM growth 3Y-5.47%
OM growth 5Y-5.98%
PM growth 3Y-15.23%
PM growth 5Y-7.82%
GM growth 3Y1.46%
GM growth 5Y0.78%
F-Score5
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 4.77 | ||
| Debt/EBITDA | 1.97 | ||
| Cap/Depr | 80.89% | ||
| Cap/Sales | 4.14% | ||
| Interest Coverage | 14.9 | ||
| Cash Conversion | 90.24% | ||
| Profit Quality | 194.84% | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 3.09 |
F-Score5
WACC6.19%
ROIC/WACC1.67
Cap/Depr(3y)101.22%
Cap/Depr(5y)112.67%
Cap/Sales(3y)4.68%
Cap/Sales(5y)5.16%
Profit Quality(3y)97.69%
Profit Quality(5y)104.5%
High Growth Momentum
Growth
EPS 1Y (TTM)-27.12%
EPS 3Y-10.55%
EPS 5Y-5.37%
EPS Q2Q%-11.58%
EPS Next Y53.02%
EPS Next 2Y32.4%
EPS Next 3Y24.7%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.57%
Revenue growth 3Y5.54%
Revenue growth 5Y2.59%
Sales Q2Q%0.55%
Revenue Next Year2.75%
Revenue Next 2Y3.85%
Revenue Next 3Y4.23%
Revenue Next 5Y4.44%
EBIT growth 1Y-4.23%
EBIT growth 3Y-0.24%
EBIT growth 5Y-3.55%
EBIT Next Year49.83%
EBIT Next 3Y21.63%
EBIT Next 5Y12.88%
FCF growth 1Y242.93%
FCF growth 3Y6.27%
FCF growth 5Y0.85%
OCF growth 1Y94.57%
OCF growth 3Y2.22%
OCF growth 5Y1.13%