KNORR-BREMSE AG (KBX.DE) Stock Fundamental Analysis
FRA:KBX - Deutsche Boerse Ag - DE000KBX1006 - Common Stock - Currency: EUR
Taking everything into account, KBX scores 5 out of 10 in our fundamental rating. KBX was compared to 109 industry peers in the Machinery industry. KBX has only an average score on both its financial health and profitability. KBX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
KBX had positive earnings in the past year.
KBX had a positive operating cash flow in the past year.
KBX had positive earnings in each of the past 5 years.
KBX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 4.38%, KBX is doing good in the industry, outperforming 66.97% of the companies in the same industry.
KBX has a better Return On Equity (13.61%) than 79.82% of its industry peers.
KBX has a Return On Invested Capital of 10.31%. This is in the better half of the industry: KBX outperforms 77.06% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KBX is above the industry average of 8.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.38% | ||
| ROE | 13.61% | ||
| ROIC | 10.31% |
ROA(3y)5.8%
ROA(5y)6.55%
ROE(3y)17.71%
ROE(5y)21.38%
ROIC(3y)11%
ROIC(5y)12.85%
1.3 Margins
KBX has a Profit Margin of 5.42%. This is in the better half of the industry: KBX outperforms 64.22% of its industry peers.
In the last couple of years the Profit Margin of KBX has declined.
KBX's Operating Margin of 11.15% is fine compared to the rest of the industry. KBX outperforms 79.82% of its industry peers.
In the last couple of years the Operating Margin of KBX has declined.
KBX has a Gross Margin of 54.20%. This is in the better half of the industry: KBX outperforms 73.39% 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 | 11.15% | ||
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KBX is creating some value.
KBX has about the same amout of shares outstanding than it did 1 year ago.
KBX has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for KBX is higher compared to a year ago.
2.2 Solvency
KBX has an Altman-Z score of 3.13. This indicates that KBX is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.13, KBX is in the better half of the industry, outperforming 74.31% of the companies in the same industry.
The Debt to FCF ratio of KBX is 4.78, which is a neutral value as it means it would take KBX, 4.78 years of fcf income to pay off all of its debts.
KBX has a Debt to FCF ratio (4.78) which is in line with 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.
KBX's Debt to Equity ratio of 0.80 is on the low side compared to the rest of the industry. KBX is outperformed by 71.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 4.78 | ||
| Altman-Z | 3.13 |
ROIC/WACC1.65
WACC6.23%
2.3 Liquidity
KBX has a Current Ratio of 1.66. This is a normal value and indicates that KBX is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of KBX (1.66) is comparable to the rest of the industry.
KBX has a Quick Ratio of 1.28. This is a normal value and indicates that KBX is financially healthy and should not expect problems in meeting its short term obligations.
KBX has a better Quick ratio (1.28) than 68.81% 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 -20.17% in the last year.
The Earnings Per Share has been decreasing by -5.37% on average over the past years.
Looking at the last year, KBX shows a decrease in Revenue. The Revenue has decreased by -1.57% in the last year.
The Revenue has been growing slightly by 2.59% on average over the past years.
EPS 1Y (TTM)-20.17%
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
The Earnings Per Share is expected to grow by 24.70% on average over the next years. This is a very strong growth
Based on estimates for the next years, KBX will show a small growth in Revenue. The Revenue will grow by 3.86% on average per year.
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 5Y3.86%
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 accelerating.
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
Based on the Price/Earnings ratio of 32.13, the valuation of KBX can be described as expensive.
KBX's Price/Earnings ratio is in line with the industry average.
KBX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.91.
The Price/Forward Earnings ratio is 18.33, which indicates a rather expensive current valuation of KBX.
KBX's Price/Forward Earnings ratio is in line with the industry average.
KBX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.85, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.13 | ||
| Fwd PE | 18.33 |
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 65.14% of the companies in the same industry.
KBX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.29 | ||
| EV/EBITDA | 12.35 |
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.
The decent profitability rating of KBX may justify a higher PE ratio.
KBX's earnings are expected to grow with 24.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.61
PEG (5Y)N/A
EPS Next 2Y32.4%
EPS Next 3Y24.7%
5. Dividend
5.1 Amount
KBX has a Yearly Dividend Yield of 2.00%.
KBX's Dividend Yield is a higher than the industry average which is at 3.09.
Compared to an average S&P500 Dividend Yield of 2.36, KBX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2% |
5.2 History
The dividend of KBX decreases each year by -1.32%.
Dividend Growth(5Y)-1.32%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
61.93% of the earnings are spent on dividend by KBX. This is not a sustainable payout ratio.
DP61.93%
EPS Next 2Y32.4%
EPS Next 3Y24.7%
FRA:KBX (5/23/2025, 10:16:21 AM)
89
+0.45 (+0.51%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners29.1%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap14.35B
Analysts72.38
Price Target87.6 (-1.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2% |
Yearly Dividend1.64
Dividend Growth(5Y)-1.32%
DP61.93%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.43%
Min Revenue beat(2)-3.14%
Max Revenue beat(2)-1.71%
Revenue beat(4)0
Avg Revenue beat(4)-1.49%
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)0.43%
Revenue beat(16)8
Avg Revenue beat(16)0.25%
PT rev (1m)1.64%
PT rev (3m)11.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.87%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.86%
Revenue NY rev (1m)-1.64%
Revenue NY rev (3m)-2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.13 | ||
| Fwd PE | 18.33 | ||
| P/S | 1.82 | ||
| P/FCF | 17.29 | ||
| P/OCF | 12.41 | ||
| P/B | 4.58 | ||
| P/tB | 10.67 | ||
| EV/EBITDA | 12.35 |
EPS(TTM)2.77
EY3.11%
EPS(NY)4.86
Fwd EY5.46%
FCF(TTM)5.15
FCFY5.78%
OCF(TTM)7.17
OCFY8.06%
SpS48.8
BVpS19.44
TBVpS8.34
PEG (NY)0.61
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.38% | ||
| ROE | 13.61% | ||
| ROCE | 13.88% | ||
| ROIC | 10.31% | ||
| ROICexc | 16.38% | ||
| ROICexgc | 29.75% | ||
| OM | 11.15% | ||
| PM (TTM) | 5.42% | ||
| GM | 54.2% | ||
| FCFM | 10.55% |
ROA(3y)5.8%
ROA(5y)6.55%
ROE(3y)17.71%
ROE(5y)21.38%
ROIC(3y)11%
ROIC(5y)12.85%
ROICexc(3y)15.77%
ROICexc(5y)21.91%
ROICexgc(3y)25.92%
ROICexgc(5y)40.47%
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 | 4.78 | ||
| Debt/EBITDA | 1.97 | ||
| Cap/Depr | 81.09% | ||
| Cap/Sales | 4.15% | ||
| Interest Coverage | 14.89 | ||
| Cash Conversion | 90.33% | ||
| Profit Quality | 194.68% | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 3.13 |
F-Score5
WACC6.23%
ROIC/WACC1.65
Cap/Depr(3y)101.22%
Cap/Depr(5y)112.66%
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)-20.17%
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 5Y3.86%
EBIT growth 1Y-4.33%
EBIT growth 3Y-0.24%
EBIT growth 5Y-3.55%
EBIT Next Year54.04%
EBIT Next 3Y22.78%
EBIT Next 5Y12.31%
FCF growth 1Y242.87%
FCF growth 3Y6.27%
FCF growth 5Y0.85%
OCF growth 1Y94.62%
OCF growth 3Y2.22%
OCF growth 5Y1.13%