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 106 industry peers in the Machinery industry. Both the profitability and the financial health of KBX get a neutral evaluation. Nothing too spectacular is happening here. KBX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KBX was profitable.
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.
1.2 Ratios
KBX has a Return On Assets of 4.91%. This is in the better half of the industry: KBX outperforms 66.04% of its industry peers.
The Return On Equity of KBX (14.66%) is better than 80.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.75%, KBX belongs to the top of the industry, outperforming 80.19% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KBX is in line with the industry average of 9.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.91% | ||
| ROE | 14.66% | ||
| ROIC | 10.75% |
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
With a decent Profit Margin value of 5.37%, KBX is doing good in the industry, outperforming 65.09% of the companies in the same industry.
In the last couple of years the Profit Margin of KBX has declined.
KBX has a Operating Margin of 11.05%. This is in the better half of the industry: KBX outperforms 76.42% of its industry peers.
KBX's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 54.45%, KBX is doing good in the industry, outperforming 71.70% of the companies in the same industry.
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 | 11.05% | ||
| PM (TTM) | 5.37% | ||
| GM | 54.45% |
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.
Compared to 1 year ago, KBX has about the same amount of shares outstanding.
The number of shares outstanding for KBX remains at a similar level compared to 5 years ago.
Compared to 1 year ago, KBX has a worse debt to assets ratio.
2.2 Solvency
KBX has an Altman-Z score of 3.54. This indicates that KBX is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of KBX (3.54) is better than 78.30% of its industry peers.
The Debt to FCF ratio of KBX is 3.79, which is a good value as it means it would take KBX, 3.79 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of KBX (3.79) is better than 66.04% of its industry peers.
A Debt/Equity ratio of 0.86 indicates that KBX is somewhat dependend on debt financing.
KBX has a Debt to Equity ratio of 0.86. This is in the lower half of the industry: KBX underperforms 73.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 3.79 | ||
| Altman-Z | 3.54 |
ROIC/WACC1.7
WACC6.34%
2.3 Liquidity
KBX has a Current Ratio of 1.79. This is a normal value and indicates that KBX is financially healthy and should not expect problems in meeting its short term obligations.
KBX's Current ratio of 1.79 is fine compared to the rest of the industry. KBX outperforms 64.15% of its industry peers.
A Quick Ratio of 1.31 indicates that KBX should not have too much problems paying its short term obligations.
KBX's Quick ratio of 1.31 is fine compared to the rest of the industry. KBX outperforms 75.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
KBX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -31.23%.
KBX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.37% yearly.
KBX shows a decrease in Revenue. In the last year, the revenue decreased by -1.78%.
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)-31.23%
EPS 3Y-10.55%
EPS 5Y-5.37%
EPS Q2Q%-4.44%
Revenue 1Y (TTM)-1.78%
Revenue growth 3Y5.54%
Revenue growth 5Y2.59%
Sales Q2Q%-0.69%
3.2 Future
KBX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.70% yearly.
Based on estimates for the next years, KBX will show a small growth in Revenue. The Revenue will grow by 3.95% on average per year.
EPS Next Y53.02%
EPS Next 2Y32.4%
EPS Next 3Y24.7%
EPS Next 5YN/A
Revenue Next Year1.02%
Revenue Next 2Y2.74%
Revenue Next 3Y3.74%
Revenue Next 5Y3.95%
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 34.33, which means the current valuation is very expensive for KBX.
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 26.76.
A Price/Forward Earnings ratio of 18.52 indicates a rather expensive valuation of KBX.
KBX's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of KBX to the average of the S&P500 Index (34.91), we can say KBX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.33 | ||
| Fwd PE | 18.52 |
4.2 Price Multiples
KBX's Enterprise Value to EBITDA is on the same level as the industry average.
KBX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KBX is cheaper than 61.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.68 | ||
| EV/EBITDA | 12.73 |
4.3 Compensation for Growth
KBX's 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)0.65
PEG (5Y)N/A
EPS Next 2Y32.4%
EPS Next 3Y24.7%
5. Dividend
5.1 Amount
KBX has a Yearly Dividend Yield of 1.92%.
KBX's Dividend Yield is a higher than the industry average which is at 2.82.
KBX's Dividend Yield is comparable with the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
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
5.3 Sustainability
66.84% of the earnings are spent on dividend by KBX. This is not a sustainable payout ratio.
DP66.84%
EPS Next 2Y32.4%
EPS Next 3Y24.7%
FRA:KBX (8/21/2025, 7:00:00 PM)
89.95
+0.2 (+0.22%)
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 Cap14.50B
Analysts71.43
Price Target90.06 (0.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
Yearly Dividend1.64
Dividend Growth(5Y)-1.32%
DP66.84%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.35%
Min EPS beat(2)-10.05%
Max EPS beat(2)-2.65%
EPS beat(4)0
Avg EPS beat(4)-26.11%
Min EPS beat(4)-81.09%
Max EPS beat(4)-2.65%
EPS beat(8)2
Avg EPS beat(8)-13.69%
EPS beat(12)3
Avg EPS beat(12)-10.88%
EPS beat(16)6
Avg EPS beat(16)-7.21%
Revenue beat(2)0
Avg Revenue beat(2)-1.79%
Min Revenue beat(2)-1.82%
Max Revenue beat(2)-1.76%
Revenue beat(4)0
Avg Revenue beat(4)-1.96%
Min Revenue beat(4)-3.14%
Max Revenue beat(4)-1.11%
Revenue beat(8)2
Avg Revenue beat(8)-0.78%
Revenue beat(12)6
Avg Revenue beat(12)0.42%
Revenue beat(16)7
Avg Revenue beat(16)0.12%
PT rev (1m)1.49%
PT rev (3m)2.81%
EPS NQ rev (1m)3.53%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)1.28%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.68%
Revenue NY rev (3m)-1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.33 | ||
| Fwd PE | 18.52 | ||
| P/S | 1.85 | ||
| P/FCF | 17.68 | ||
| P/OCF | 12.66 | ||
| P/B | 5.04 | ||
| P/tB | 12.91 | ||
| EV/EBITDA | 12.73 |
EPS(TTM)2.62
EY2.91%
EPS(NY)4.86
Fwd EY5.4%
FCF(TTM)5.09
FCFY5.66%
OCF(TTM)7.1
OCFY7.9%
SpS48.72
BVpS17.85
TBVpS6.97
PEG (NY)0.65
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.91% | ||
| ROE | 14.66% | ||
| ROCE | 14.48% | ||
| ROIC | 10.75% | ||
| ROICexc | 14.12% | ||
| ROICexgc | 22.94% | ||
| OM | 11.05% | ||
| PM (TTM) | 5.37% | ||
| GM | 54.45% | ||
| FCFM | 10.44% |
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 Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 3.79 | ||
| Debt/EBITDA | 1.96 | ||
| Cap/Depr | 83.12% | ||
| Cap/Sales | 4.14% | ||
| Interest Coverage | 14.96 | ||
| Cash Conversion | 90.98% | ||
| Profit Quality | 194.34% | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.31 | ||
| Altman-Z | 3.54 |
F-Score5
WACC6.34%
ROIC/WACC1.7
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)-31.23%
EPS 3Y-10.55%
EPS 5Y-5.37%
EPS Q2Q%-4.44%
EPS Next Y53.02%
EPS Next 2Y32.4%
EPS Next 3Y24.7%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.78%
Revenue growth 3Y5.54%
Revenue growth 5Y2.59%
Sales Q2Q%-0.69%
Revenue Next Year1.02%
Revenue Next 2Y2.74%
Revenue Next 3Y3.74%
Revenue Next 5Y3.95%
EBIT growth 1Y-8.26%
EBIT growth 3Y-0.24%
EBIT growth 5Y-3.55%
EBIT Next Year49.83%
EBIT Next 3Y21.63%
EBIT Next 5Y13.42%
FCF growth 1Y163.44%
FCF growth 3Y6.27%
FCF growth 5Y0.85%
OCF growth 1Y72.76%
OCF growth 3Y2.22%
OCF growth 5Y1.13%