KONINKLIJKE KPN NV (KPN.AS) Stock Fundamental Analysis
Europe • Euronext Amsterdam • AMS:KPN • NL0000009082
4.108 EUR
+0.02 (+0.42%)
Last: Jan 30, 2026, 07:00 PM
Overall KPN gets a fundamental rating of 5 out of 10. We evaluated KPN against 35 industry peers in the Diversified Telecommunication Services industry. KPN scores excellent on profitability, but there are concerns on its financial health. KPN has a valuation in line with the averages, but on the other hand it scores bad on growth. KPN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year KPN was profitable.
- In the past year KPN had a positive cash flow from operations.
- KPN had positive earnings in 4 of the past 5 years.
- Of the past 5 years KPN 4 years had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 6.43%, KPN belongs to the best of the industry, outperforming 82.86% of the companies in the same industry.
- KPN's Return On Equity of 23.51% is amongst the best of the industry. KPN outperforms 85.71% of its industry peers.
- The Return On Invested Capital of KPN (10.05%) is better than 82.86% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for KPN is in line with the industry average of 8.46%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.43% | ||
| ROE | 23.51% | ||
| ROIC | 10.05% |
ROA(3y)6.38%
ROA(5y)6.75%
ROE(3y)21.85%
ROE(5y)25.23%
ROIC(3y)10.15%
ROIC(5y)9.14%
1.3 Margins
- KPN's Profit Margin of 14.24% is fine compared to the rest of the industry. KPN outperforms 77.14% of its industry peers.
- In the last couple of years the Profit Margin of KPN has grown nicely.
- The Operating Margin of KPN (25.11%) is better than 91.43% of its industry peers.
- In the last couple of years the Operating Margin of KPN has grown nicely.
- KPN has a Gross Margin of 78.55%. This is amongst the best in the industry. KPN outperforms 82.86% of its industry peers.
- In the last couple of years the Gross Margin of KPN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.11% | ||
| PM (TTM) | 14.24% | ||
| GM | 78.55% |
OM growth 3Y7.85%
OM growth 5Y7.45%
PM growth 3Y-16.33%
PM growth 5Y4.6%
GM growth 3Y1.42%
GM growth 5Y0.59%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KPN is creating some value.
- There is no outstanding debt for KPN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- Based on the Altman-Z score of 1.24, we must say that KPN is in the distress zone and has some risk of bankruptcy.
- KPN has a Altman-Z score of 1.24. This is comparable to the rest of the industry: KPN outperforms 57.14% of its industry peers.
- KPN has a debt to FCF ratio of 7.79. This is a slightly negative value and a sign of low solvency as KPN would need 7.79 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 7.79, KPN perfoms like the industry average, outperforming 48.57% of the companies in the same industry.
- A Debt/Equity ratio of 2.03 is on the high side and indicates that KPN has dependencies on debt financing.
- The Debt to Equity ratio of KPN (2.03) is worse than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | 7.79 | ||
| Altman-Z | 1.24 |
ROIC/WACC1.68
WACC5.99%
2.3 Liquidity
- KPN has a Current Ratio of 0.72. This is a bad value and indicates that KPN is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of KPN (0.72) is comparable to the rest of the industry.
- KPN has a Quick Ratio of 0.72. This is a bad value and indicates that KPN is not financially healthy enough and could expect problems in meeting its short term obligations.
- KPN's Quick ratio of 0.70 is in line compared to the rest of the industry. KPN outperforms 45.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
- KPN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.25%.
- Measured over the past 5 years, KPN shows a small growth in Earnings Per Share. The EPS has been growing by 3.14% on average per year.
EPS 1Y (TTM)-5.25%
EPS 3Y3.14%
EPS 5YN/A
EPS Q2Q%-2.57%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.27%
3.2 Future
- KPN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.67% yearly.
- KPN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.73% yearly.
EPS Next Y24.84%
EPS Next 2Y14.75%
EPS Next 3Y14.13%
EPS Next 5Y12.67%
Revenue Next Year1.77%
Revenue Next 2Y1.94%
Revenue Next 3Y1.41%
Revenue Next 5Y1.73%
3.3 Evolution
- The EPS 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
- With a Price/Earnings ratio of 19.56, KPN is valued on the expensive side.
- KPN's Price/Earnings ratio is in line with the industry average.
- When comparing the Price/Earnings ratio of KPN to the average of the S&P500 Index (28.32), we can say KPN is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 15.79, the valuation of KPN can be described as correct.
- KPN's Price/Forward Earnings ratio is in line with the industry average.
- When comparing the Price/Forward Earnings ratio of KPN to the average of the S&P500 Index (25.57), we can say KPN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.56 | ||
| Fwd PE | 15.79 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, KPN is valued a bit more expensive than 65.71% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of KPN indicates a slightly more expensive valuation: KPN is more expensive than 60.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.51 | ||
| EV/EBITDA | 8.15 |
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.
- KPN has an outstanding profitability rating, which may justify a higher PE ratio.
- KPN's earnings are expected to grow with 14.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.79
PEG (5Y)N/A
EPS Next 2Y14.75%
EPS Next 3Y14.13%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.45%, KPN is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.19, KPN pays a bit more dividend than its industry peers.
- KPN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.45% |
5.2 History
- The dividend of KPN is nicely growing with an annual growth rate of 6.22%!
Dividend Growth(5Y)6.22%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
- 82.58% of the earnings are spent on dividend by KPN. This is not a sustainable payout ratio.
- The dividend of KPN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP82.58%
EPS Next 2Y14.75%
EPS Next 3Y14.13%
KONINKLIJKE KPN NV / KPN.AS FAQ
Can you provide the ChartMill fundamental rating for KONINKLIJKE KPN NV?
ChartMill assigns a fundamental rating of 5 / 10 to KPN.AS.
What is the valuation status of KONINKLIJKE KPN NV (KPN.AS) stock?
ChartMill assigns a valuation rating of 3 / 10 to KONINKLIJKE KPN NV (KPN.AS). This can be considered as Overvalued.
How profitable is KONINKLIJKE KPN NV (KPN.AS) stock?
KONINKLIJKE KPN NV (KPN.AS) has a profitability rating of 8 / 10.
How financially healthy is KONINKLIJKE KPN NV?
The financial health rating of KONINKLIJKE KPN NV (KPN.AS) is 2 / 10.
What is the expected EPS growth for KONINKLIJKE KPN NV (KPN.AS) stock?
The Earnings per Share (EPS) of KONINKLIJKE KPN NV (KPN.AS) is expected to grow by 24.84% in the next year.