KONINKLIJKE KPN NV (KPN.AS) Stock Fundamental Analysis
Europe - AMS:KPN - NL0000009082 - Common Stock
4.255 EUR
+0.01 (+0.33%)
Overall KPN gets a fundamental rating of 5 out of 10. We evaluated KPN against 30 industry peers in the Diversified Telecommunication Services industry. KPN has an excellent profitability rating, but there are concerns on its financial health. KPN is valied quite expensively at the moment, while it does show a decent growth rate. KPN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
KPN had positive earnings in the past year.
In the past year KPN had a positive cash flow from operations.
KPN had positive earnings in each of the past 5 years.
KPN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KPN has a better Return On Assets (6.43%) than 93.33% of its industry peers.
Looking at the Return On Equity, with a value of 23.51%, KPN belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
KPN has a better Return On Invested Capital (10.05%) than 90.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KPN is above the industry average of 7.31%.
| 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 has a better Profit Margin (14.24%) than 93.33% of its industry peers.
KPN's Profit Margin has improved in the last couple of years.
KPN has a better Operating Margin (25.11%) than 93.33% of its industry peers.
KPN's Operating Margin has improved in the last couple of years.
KPN has a Gross Margin of 78.55%. This is amongst the best in the industry. KPN outperforms 86.67% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KPN is still creating some value.
The number of shares outstanding for KPN has been reduced compared to 1 year ago.
The number of shares outstanding for KPN has been reduced compared to 5 years ago.
The debt/assets ratio for KPN is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.29, we must say that KPN is in the distress zone and has some risk of bankruptcy.
KPN has a Altman-Z score (1.29) which is in line with its industry peers.
The Debt to FCF ratio of KPN is 7.79, which is on the high side as it means it would take KPN, 7.79 years of fcf income to pay off all of its debts.
KPN has a Debt to FCF ratio of 7.79. This is comparable to the rest of the industry: KPN outperforms 53.33% of its industry peers.
KPN has a Debt/Equity ratio of 2.03. This is a high value indicating a heavy dependency on external financing.
KPN has a worse Debt to Equity ratio (2.03) than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | 7.79 | ||
| Altman-Z | 1.29 |
ROIC/WACC1.67
WACC6.01%
2.3 Liquidity
A Current Ratio of 0.72 indicates that KPN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.72, KPN is in line with its industry, outperforming 46.67% of the companies in the same 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.
The Quick ratio of KPN (0.70) is worse than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
KPN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.44%.
KPN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.03% yearly.
Looking at the last year, KPN shows a small growth in Revenue. The Revenue has grown by 3.00% in the last year.
KPN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.42% yearly.
EPS 1Y (TTM)2.44%
EPS 3Y-8.8%
EPS 5Y7.03%
EPS Q2Q%-16.67%
Revenue 1Y (TTM)3%
Revenue growth 3Y2.15%
Revenue growth 5Y0.42%
Sales Q2Q%5.82%
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 8.14% yearly.
KPN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.57% yearly.
EPS Next Y4.09%
EPS Next 2Y7.55%
EPS Next 3Y7.66%
EPS Next 5Y8.14%
Revenue Next Year3.48%
Revenue Next 2Y2.73%
Revenue Next 3Y2.52%
Revenue Next 5Y1.57%
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 stable.
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
KPN is valuated rather expensively with a Price/Earnings ratio of 20.26.
Compared to the rest of the industry, the Price/Earnings ratio of KPN indicates a somewhat cheap valuation: KPN is cheaper than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, KPN is valued a bit cheaper.
KPN is valuated correctly with a Price/Forward Earnings ratio of 16.72.
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 (22.73), we can say KPN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.26 | ||
| Fwd PE | 16.72 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as KPN.
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 63.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.43 | ||
| EV/EBITDA | 8.45 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates KPN does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of KPN may justify a higher PE ratio.
PEG (NY)4.95
PEG (5Y)2.88
EPS Next 2Y7.55%
EPS Next 3Y7.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.13%, KPN is a good candidate for dividend investing.
KPN's Dividend Yield is a higher than the industry average which is at 4.20.
KPN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
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 2Y7.55%
EPS Next 3Y7.66%
AMS:KPN (9/12/2025, 7:00:00 PM)
4.255
+0.01 (+0.33%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners57.65%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap16.55B
Analysts71.2
Price Target4.34 (2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
Yearly Dividend0.17
Dividend Growth(5Y)6.22%
DP82.58%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-24.07%
Min EPS beat(2)-27.99%
Max EPS beat(2)-20.15%
EPS beat(4)2
Avg EPS beat(4)-7.86%
Min EPS beat(4)-27.99%
Max EPS beat(4)10.01%
EPS beat(8)5
Avg EPS beat(8)-3.21%
EPS beat(12)9
Avg EPS beat(12)4.15%
EPS beat(16)13
Avg EPS beat(16)9.61%
Revenue beat(2)1
Avg Revenue beat(2)0.41%
Min Revenue beat(2)-0.91%
Max Revenue beat(2)1.73%
Revenue beat(4)2
Avg Revenue beat(4)-0.05%
Min Revenue beat(4)-1.16%
Max Revenue beat(4)1.73%
Revenue beat(8)3
Avg Revenue beat(8)-0.1%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.87%
PT rev (3m)3.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.98%
EPS NY rev (1m)-4.72%
EPS NY rev (3m)-4.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.41%
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.26 | ||
| Fwd PE | 16.72 | ||
| P/S | 2.95 | ||
| P/FCF | 18.43 | ||
| P/OCF | 7.65 | ||
| P/B | 4.87 | ||
| P/tB | 69.53 | ||
| EV/EBITDA | 8.45 |
EPS(TTM)0.21
EY4.94%
EPS(NY)0.25
Fwd EY5.98%
FCF(TTM)0.23
FCFY5.43%
OCF(TTM)0.56
OCFY13.08%
SpS1.44
BVpS0.87
TBVpS0.06
PEG (NY)4.95
PEG (5Y)2.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.43% | ||
| ROE | 23.51% | ||
| ROCE | 12.99% | ||
| ROIC | 10.05% | ||
| ROICexc | 10.4% | ||
| ROICexgc | 14.86% | ||
| OM | 25.11% | ||
| PM (TTM) | 14.24% | ||
| GM | 78.55% | ||
| FCFM | 16.03% |
ROA(3y)6.38%
ROA(5y)6.75%
ROE(3y)21.85%
ROE(5y)25.23%
ROIC(3y)10.15%
ROIC(5y)9.14%
ROICexc(3y)10.93%
ROICexc(5y)9.93%
ROICexgc(3y)15.72%
ROICexgc(5y)14.55%
ROCE(3y)13.12%
ROCE(5y)11.8%
ROICexcg growth 3Y10.82%
ROICexcg growth 5Y5.54%
ROICexc growth 3Y10.74%
ROICexc growth 5Y6.37%
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%
F-Score8
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | 7.79 | ||
| Debt/EBITDA | 2.52 | ||
| Cap/Depr | 95.84% | ||
| Cap/Sales | 22.6% | ||
| Interest Coverage | 4.94 | ||
| Cash Conversion | 79.33% | ||
| Profit Quality | 112.53% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 1.29 |
F-Score8
WACC6.01%
ROIC/WACC1.67
Cap/Depr(3y)99.71%
Cap/Depr(5y)96.69%
Cap/Sales(3y)23.04%
Cap/Sales(5y)24.4%
Profit Quality(3y)124.87%
Profit Quality(5y)106.46%
High Growth Momentum
Growth
EPS 1Y (TTM)2.44%
EPS 3Y-8.8%
EPS 5Y7.03%
EPS Q2Q%-16.67%
EPS Next Y4.09%
EPS Next 2Y7.55%
EPS Next 3Y7.66%
EPS Next 5Y8.14%
Revenue 1Y (TTM)3%
Revenue growth 3Y2.15%
Revenue growth 5Y0.42%
Sales Q2Q%5.82%
Revenue Next Year3.48%
Revenue Next 2Y2.73%
Revenue Next 3Y2.52%
Revenue Next 5Y1.57%
EBIT growth 1Y3.53%
EBIT growth 3Y10.18%
EBIT growth 5Y7.9%
EBIT Next Year94.35%
EBIT Next 3Y26.93%
EBIT Next 5Y15.34%
FCF growth 1Y-3.96%
FCF growth 3Y1.56%
FCF growth 5Y1.25%
OCF growth 1Y-0.96%
OCF growth 3Y2.1%
OCF growth 5Y2.44%