KION GROUP AG (KGX.DE) Stock Fundamental Analysis
FRA:KGX - Deutsche Boerse Ag - DE000KGX8881 - Common Stock - Currency: EUR
We assign a fundamental rating of 3 out of 10 to KGX. KGX was compared to 104 industry peers in the Machinery industry. While KGX is still in line with the averages on profitability rating, there are concerns on its financial health. KGX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KGX was profitable.
In the past year KGX had a positive cash flow from operations.
In the past 5 years KGX has always been profitable.
KGX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
KGX's Return On Assets of 1.92% is in line compared to the rest of the industry. KGX outperforms 48.08% of its industry peers.
KGX has a Return On Equity (5.82%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 3.76%, KGX is not doing good in the industry: 64.42% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for KGX is significantly below the industry average of 8.43%.
The last Return On Invested Capital (3.76%) for KGX is above the 3 year average (2.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 5.82% | ||
| ROIC | 3.76% |
ROA(3y)1.42%
ROA(5y)1.88%
ROE(3y)4.29%
ROE(5y)5.77%
ROIC(3y)2.76%
ROIC(5y)3.17%
1.3 Margins
KGX has a Profit Margin of 3.13%. This is comparable to the rest of the industry: KGX outperforms 52.88% of its industry peers.
KGX's Profit Margin has declined in the last couple of years.
KGX has a Operating Margin of 6.63%. This is comparable to the rest of the industry: KGX outperforms 55.77% of its industry peers.
In the last couple of years the Operating Margin of KGX has declined.
Looking at the Gross Margin, with a value of 26.89%, KGX is doing worse than 66.35% of the companies in the same industry.
In the last couple of years the Gross Margin of KGX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.63% | ||
| PM (TTM) | 3.13% | ||
| GM | 26.89% |
OM growth 3Y-3.51%
OM growth 5Y-3.32%
PM growth 3Y-17.21%
PM growth 5Y-9.52%
GM growth 3Y3.13%
GM growth 5Y0.31%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KGX is destroying value.
Compared to 1 year ago, KGX has about the same amount of shares outstanding.
Compared to 5 years ago, KGX has more shares outstanding
The debt/assets ratio for KGX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.17, we must say that KGX is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.17, KGX is not doing good in the industry: 66.35% of the companies in the same industry are doing better.
The Debt to FCF ratio of KGX is 9.78, which is on the high side as it means it would take KGX, 9.78 years of fcf income to pay off all of its debts.
KGX's Debt to FCF ratio of 9.78 is in line compared to the rest of the industry. KGX outperforms 41.35% of its industry peers.
A Debt/Equity ratio of 0.78 indicates that KGX is somewhat dependend on debt financing.
KGX has a worse Debt to Equity ratio (0.78) than 67.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 9.78 | ||
| Altman-Z | 1.17 |
ROIC/WACC0.91
WACC4.13%
2.3 Liquidity
KGX has a Current Ratio of 1.01. This is a normal value and indicates that KGX is financially healthy and should not expect problems in meeting its short term obligations.
KGX's Current ratio of 1.01 is on the low side compared to the rest of the industry. KGX is outperformed by 84.62% of its industry peers.
KGX has a Quick Ratio of 1.01. This is a bad value and indicates that KGX is not financially healthy enough and could expect problems in meeting its short term obligations.
KGX has a worse Quick ratio (0.69) than 77.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.60% over the past year.
KGX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.90% yearly.
The Revenue has been growing slightly by 0.61% in the past year.
Measured over the past years, KGX shows a small growth in Revenue. The Revenue has been growing by 5.49% on average per year.
EPS 1Y (TTM)1.6%
EPS 3Y-6.62%
EPS 5Y-4.9%
EPS Q2Q%-19.72%
Revenue 1Y (TTM)0.61%
Revenue growth 3Y3.77%
Revenue growth 5Y5.49%
Sales Q2Q%-0.6%
3.2 Future
Based on estimates for the next years, KGX will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.10% on average per year.
KGX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.44% yearly.
EPS Next Y-14.66%
EPS Next 2Y5.95%
EPS Next 3Y11.09%
EPS Next 5Y13.1%
Revenue Next Year-3.21%
Revenue Next 2Y0.67%
Revenue Next 3Y2.47%
Revenue Next 5Y3.44%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.82 indicates a reasonable valuation of KGX.
Based on the Price/Earnings ratio, KGX is valued a bit cheaper than 75.96% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.81. KGX is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 12.67 indicates a correct valuation of KGX.
Based on the Price/Forward Earnings ratio, KGX is valued a bit cheaper than 60.58% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.91, KGX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.82 | ||
| Fwd PE | 12.67 |
4.2 Price Multiples
KGX's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. KGX is cheaper than 70.19% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KGX is valued cheaply inside the industry as 81.73% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.66 | ||
| EV/EBITDA | 6.06 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.95%
EPS Next 3Y11.09%
5. Dividend
5.1 Amount
KGX has a Yearly Dividend Yield of 1.91%.
KGX's Dividend Yield is a higher than the industry average which is at 3.03.
KGX's Dividend Yield is slightly below the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.91% |
5.2 History
The dividend of KGX decreases each year by -10.09%.
Dividend Growth(5Y)-10.09%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
25.49% of the earnings are spent on dividend by KGX. This is a low number and sustainable payout ratio.
DP25.49%
EPS Next 2Y5.95%
EPS Next 3Y11.09%
FRA:KGX (3/27/2025, 7:00:00 PM)
41.32
-0.91 (-2.15%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners35.77%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.42B
Analysts81.6
Price Target48.11 (16.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.91% |
Yearly Dividend0.7
Dividend Growth(5Y)-10.09%
DP25.49%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.85%
Min EPS beat(2)-9.13%
Max EPS beat(2)7.43%
EPS beat(4)3
Avg EPS beat(4)6.84%
Min EPS beat(4)-9.13%
Max EPS beat(4)21.31%
EPS beat(8)5
Avg EPS beat(8)17.44%
EPS beat(12)9
Avg EPS beat(12)22.44%
EPS beat(16)13
Avg EPS beat(16)23.36%
Revenue beat(2)0
Avg Revenue beat(2)-1.3%
Min Revenue beat(2)-2.17%
Max Revenue beat(2)-0.43%
Revenue beat(4)0
Avg Revenue beat(4)-0.81%
Min Revenue beat(4)-2.17%
Max Revenue beat(4)-0.24%
Revenue beat(8)3
Avg Revenue beat(8)-0.2%
Revenue beat(12)7
Avg Revenue beat(12)0.86%
Revenue beat(16)11
Avg Revenue beat(16)1.29%
PT rev (1m)1.64%
PT rev (3m)0.02%
EPS NQ rev (1m)1.08%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-13.45%
Revenue NQ rev (1m)1.42%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.57%
Revenue NY rev (3m)-2.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.82 | ||
| Fwd PE | 12.67 | ||
| P/S | 0.47 | ||
| P/FCF | 7.66 | ||
| P/OCF | 4.63 | ||
| P/B | 0.88 | ||
| P/tB | 14.48 | ||
| EV/EBITDA | 6.06 |
EPS(TTM)3.82
EY9.24%
EPS(NY)3.26
Fwd EY7.89%
FCF(TTM)5.39
FCFY13.05%
OCF(TTM)8.92
OCFY21.59%
SpS87.68
BVpS47.18
TBVpS2.85
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 5.82% | ||
| ROCE | 5.73% | ||
| ROIC | 3.76% | ||
| ROICexc | 4.02% | ||
| ROICexgc | 7.55% | ||
| OM | 6.63% | ||
| PM (TTM) | 3.13% | ||
| GM | 26.89% | ||
| FCFM | 6.15% |
ROA(3y)1.42%
ROA(5y)1.88%
ROE(3y)4.29%
ROE(5y)5.77%
ROIC(3y)2.76%
ROIC(5y)3.17%
ROICexc(3y)2.89%
ROICexc(5y)3.31%
ROICexgc(3y)5.48%
ROICexgc(5y)6.87%
ROCE(3y)4.22%
ROCE(5y)4.83%
ROICexcg growth 3Y-11.94%
ROICexcg growth 5Y-9.55%
ROICexc growth 3Y-6.23%
ROICexc growth 5Y-3.65%
OM growth 3Y-3.51%
OM growth 5Y-3.32%
PM growth 3Y-17.21%
PM growth 5Y-9.52%
GM growth 3Y3.13%
GM growth 5Y0.31%
F-Score6
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 9.78 | ||
| Debt/EBITDA | 2.53 | ||
| Cap/Depr | 40.63% | ||
| Cap/Sales | 4.02% | ||
| Interest Coverage | 7.34 | ||
| Cash Conversion | 61.56% | ||
| Profit Quality | 196.47% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.17 |
F-Score6
WACC4.13%
ROIC/WACC0.91
Cap/Depr(3y)39.9%
Cap/Depr(5y)37.09%
Cap/Sales(3y)3.78%
Cap/Sales(5y)3.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1.6%
EPS 3Y-6.62%
EPS 5Y-4.9%
EPS Q2Q%-19.72%
EPS Next Y-14.66%
EPS Next 2Y5.95%
EPS Next 3Y11.09%
EPS Next 5Y13.1%
Revenue 1Y (TTM)0.61%
Revenue growth 3Y3.77%
Revenue growth 5Y5.49%
Sales Q2Q%-0.6%
Revenue Next Year-3.21%
Revenue Next 2Y0.67%
Revenue Next 3Y2.47%
Revenue Next 5Y3.44%
EBIT growth 1Y17.68%
EBIT growth 3Y0.13%
EBIT growth 5Y1.99%
EBIT Next Year119.27%
EBIT Next 3Y34.4%
EBIT Next 5Y21.45%
FCF growth 1Y0.18%
FCF growth 3Y8.91%
FCF growth 5Y4.83%
OCF growth 1Y1.86%
OCF growth 3Y9.91%
OCF growth 5Y6.7%