KNORR-BREMSE AG (KBX.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:KBX • DE000KBX1006

106.4 EUR
-0.4 (-0.37%)
Last: Feb 9, 2026, 05:35 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

KBX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 112 industry peers in the Machinery industry. While KBX has a great profitability rating, there are some minor concerns on its financial health. KBX is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • KBX had positive earnings in the past year.
  • In the past year KBX had a positive cash flow from operations.
  • In the past 5 years KBX has always been profitable.
  • Each year in the past 5 years KBX had a positive operating cash flow.
KBX.DE Yearly Net Income VS EBIT VS OCF VS FCFKBX.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

  • The Return On Assets of KBX (4.95%) is better than 66.96% of its industry peers.
  • KBX has a better Return On Equity (14.36%) than 80.36% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 10.46%, KBX belongs to the top of the industry, outperforming 83.04% of the companies in the same industry.
  • KBX had an Average Return On Invested Capital over the past 3 years of 11.00%. This is above the industry average of 8.65%.
Industry RankSector Rank
ROA 4.95%
ROE 14.36%
ROIC 10.46%
ROA(3y)5.8%
ROA(5y)6.55%
ROE(3y)17.71%
ROE(5y)21.38%
ROIC(3y)11%
ROIC(5y)12.85%
KBX.DE Yearly ROA, ROE, ROICKBX.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • KBX's Profit Margin of 5.56% is fine compared to the rest of the industry. KBX outperforms 65.18% of its industry peers.
  • KBX's Profit Margin has declined in the last couple of years.
  • KBX has a better Operating Margin (11.08%) than 73.21% of its industry peers.
  • In the last couple of years the Operating Margin of KBX has declined.
  • KBX's Gross Margin of 54.67% is fine compared to the rest of the industry. KBX outperforms 72.32% of its industry peers.
  • KBX's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 11.08%
PM (TTM) 5.56%
GM 54.67%
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%
KBX.DE Yearly Profit, Operating, Gross MarginsKBX.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

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.
  • Compared to 5 years ago, KBX has about the same amount of shares outstanding.
  • KBX has a worse debt/assets ratio than last year.
KBX.DE Yearly Shares OutstandingKBX.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
KBX.DE Yearly Total Debt VS Total AssetsKBX.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • KBX has an Altman-Z score of 3.82. This indicates that KBX is financially healthy and has little risk of bankruptcy at the moment.
  • KBX has a Altman-Z score of 3.82. This is amongst the best in the industry. KBX outperforms 81.25% of its industry peers.
  • The Debt to FCF ratio of KBX is 3.91, which is a good value as it means it would take KBX, 3.91 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 3.91, KBX is doing good in the industry, outperforming 65.18% of the companies in the same industry.
  • A Debt/Equity ratio of 0.82 indicates that KBX is somewhat dependend on debt financing.
  • The Debt to Equity ratio of KBX (0.82) is worse than 70.54% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 3.91
Altman-Z 3.82
ROIC/WACC1.51
WACC6.93%
KBX.DE Yearly LT Debt VS Equity VS FCFKBX.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.3 Liquidity

  • KBX has a Current Ratio of 1.84. 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 (1.84) is better than 63.39% of its industry peers.
  • A Quick Ratio of 1.36 indicates that KBX should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.36, KBX is doing good in the industry, outperforming 73.21% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.84
Quick Ratio 1.36
KBX.DE Yearly Current Assets VS Current LiabilitesKBX.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • KBX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.50%.
  • 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 -1.77% in the last year.
  • KBX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.59% yearly.
EPS 1Y (TTM)-29.5%
EPS 3Y-10.55%
EPS 5Y-5.37%
EPS Q2Q%9.88%
Revenue 1Y (TTM)-1.77%
Revenue growth 3Y5.54%
Revenue growth 5Y2.59%
Sales Q2Q%-1.45%

3.2 Future

  • Based on estimates for the next years, KBX will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.97% on average per year.
  • Based on estimates for the next years, KBX will show a small growth in Revenue. The Revenue will grow by 4.11% on average per year.
EPS Next Y35.12%
EPS Next 2Y28.69%
EPS Next 3Y23.39%
EPS Next 5Y16.97%
Revenue Next Year-1.4%
Revenue Next 2Y1.88%
Revenue Next 3Y3.23%
Revenue Next 5Y4.11%

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.
KBX.DE Yearly Revenue VS EstimatesKBX.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2B 4B 6B 8B 10B
KBX.DE Yearly EPS VS EstimatesKBX.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4 5

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 39.41 indicates a quite expensive valuation of KBX.
  • Based on the Price/Earnings ratio, KBX is valued a bit more expensive than 62.50% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.93. KBX is valued slightly more expensive when compared to this.
  • KBX is valuated rather expensively with a Price/Forward Earnings ratio of 23.20.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of KBX indicates a slightly more expensive valuation: KBX is more expensive than 62.50% of the companies listed in the same industry.
  • KBX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.77.
Industry RankSector Rank
PE 39.41
Fwd PE 23.2
KBX.DE Price Earnings VS Forward Price EarningsKBX.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 64.29% of the companies in the same industry are cheaper than KBX, based on the Enterprise Value to EBITDA ratio.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as KBX.
Industry RankSector Rank
P/FCF 21.41
EV/EBITDA 14.77
KBX.DE Per share dataKBX.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • KBX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of KBX may justify a higher PE ratio.
  • A more expensive valuation may be justified as KBX's earnings are expected to grow with 23.39% in the coming years.
PEG (NY)1.12
PEG (5Y)N/A
EPS Next 2Y28.69%
EPS Next 3Y23.39%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • KBX has a Yearly Dividend Yield of 1.65%. Purely for dividend investing, there may be better candidates out there.
  • KBX's Dividend Yield is a higher than the industry average which is at 1.45.
  • KBX's Dividend Yield is comparable with the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 1.65%

5.2 History

  • The dividend of KBX decreases each year by -1.32%.
Dividend Growth(5Y)-1.32%
Div Incr Years1
Div Non Decr Years2
KBX.DE Yearly Dividends per shareKBX.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • 64.74% of the earnings are spent on dividend by KBX. This is not a sustainable payout ratio.
DP64.74%
EPS Next 2Y28.69%
EPS Next 3Y23.39%
KBX.DE Yearly Income VS Free CF VS DividendKBX.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
KBX.DE Dividend Payout.KBX.DE Dividend Payout, showing the Payout Ratio.KBX.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

KNORR-BREMSE AG

FRA:KBX (2/9/2026, 5:35:30 PM)

106.4

-0.4 (-0.37%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)10-30
Earnings (Next)02-19
Inst Owners28.51%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap17.15B
Revenue(TTM)7.83B
Net Income(TTM)434.99M
Analysts77.27
Price Target102.32 (-3.83%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.65%
Yearly Dividend1.64
Dividend Growth(5Y)-1.32%
DP64.74%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.2%
Min EPS beat(2)-5.76%
Max EPS beat(2)-2.65%
EPS beat(4)0
Avg EPS beat(4)-24.89%
Min EPS beat(4)-81.09%
Max EPS beat(4)-2.65%
EPS beat(8)2
Avg EPS beat(8)-12.5%
EPS beat(12)2
Avg EPS beat(12)-12.52%
EPS beat(16)5
Avg EPS beat(16)-8.33%
Revenue beat(2)0
Avg Revenue beat(2)-2.87%
Min Revenue beat(2)-3.93%
Max Revenue beat(2)-1.82%
Revenue beat(4)0
Avg Revenue beat(4)-2.66%
Min Revenue beat(4)-3.93%
Max Revenue beat(4)-1.76%
Revenue beat(8)1
Avg Revenue beat(8)-1.34%
Revenue beat(12)5
Avg Revenue beat(12)0.03%
Revenue beat(16)7
Avg Revenue beat(16)0.03%
PT rev (1m)4.56%
PT rev (3m)11.69%
EPS NQ rev (1m)7.83%
EPS NQ rev (3m)-10.5%
EPS NY rev (1m)0.54%
EPS NY rev (3m)-2.7%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)-1.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.43%
Valuation
Industry RankSector Rank
PE 39.41
Fwd PE 23.2
P/S 2.19
P/FCF 21.41
P/OCF 15.33
P/B 5.66
P/tB 13.27
EV/EBITDA 14.77
EPS(TTM)2.7
EY2.54%
EPS(NY)4.59
Fwd EY4.31%
FCF(TTM)4.97
FCFY4.67%
OCF(TTM)6.94
OCFY6.52%
SpS48.54
BVpS18.79
TBVpS8.02
PEG (NY)1.12
PEG (5Y)N/A
Graham Number33.79
Profitability
Industry RankSector Rank
ROA 4.95%
ROE 14.36%
ROCE 14.09%
ROIC 10.46%
ROICexc 13.89%
ROICexgc 22.21%
OM 11.08%
PM (TTM) 5.56%
GM 54.67%
FCFM 10.24%
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%
ROICexgc growth 3Y-1.52%
ROICexgc 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-Score6
Asset Turnover0.89
Health
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 3.91
Debt/EBITDA 1.96
Cap/Depr 79.52%
Cap/Sales 4.06%
Interest Coverage 9.65
Cash Conversion 88.36%
Profit Quality 184.19%
Current Ratio 1.84
Quick Ratio 1.36
Altman-Z 3.82
F-Score6
WACC6.93%
ROIC/WACC1.51
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)-29.5%
EPS 3Y-10.55%
EPS 5Y-5.37%
EPS Q2Q%9.88%
EPS Next Y35.12%
EPS Next 2Y28.69%
EPS Next 3Y23.39%
EPS Next 5Y16.97%
Revenue 1Y (TTM)-1.77%
Revenue growth 3Y5.54%
Revenue growth 5Y2.59%
Sales Q2Q%-1.45%
Revenue Next Year-1.4%
Revenue Next 2Y1.88%
Revenue Next 3Y3.23%
Revenue Next 5Y4.11%
EBIT growth 1Y-7.94%
EBIT growth 3Y-0.24%
EBIT growth 5Y-3.55%
EBIT Next Year41.62%
EBIT Next 3Y20.74%
EBIT Next 5Y12.35%
FCF growth 1Y60.21%
FCF growth 3Y6.27%
FCF growth 5Y0.85%
OCF growth 1Y31.93%
OCF growth 3Y2.22%
OCF growth 5Y1.13%

KNORR-BREMSE AG / KBX.DE FAQ

What is the fundamental rating for KBX stock?

ChartMill assigns a fundamental rating of 4 / 10 to KBX.DE.


What is the valuation status of KNORR-BREMSE AG (KBX.DE) stock?

ChartMill assigns a valuation rating of 2 / 10 to KNORR-BREMSE AG (KBX.DE). This can be considered as Overvalued.


How profitable is KNORR-BREMSE AG (KBX.DE) stock?

KNORR-BREMSE AG (KBX.DE) has a profitability rating of 6 / 10.


Can you provide the expected EPS growth for KBX stock?

The Earnings per Share (EPS) of KNORR-BREMSE AG (KBX.DE) is expected to grow by 35.12% in the next year.


Is the dividend of KNORR-BREMSE AG sustainable?

The dividend rating of KNORR-BREMSE AG (KBX.DE) is 2 / 10 and the dividend payout ratio is 64.74%.