KONINKLIJKE KPN NV (KPN.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:KPN - NL0000009082 - Common Stock
3.94 EUR
-0.05 (-1.18%)
We assign a fundamental rating of 5 out of 10 to KPN. KPN was compared to 28 industry peers in the Diversified Telecommunication Services industry. While KPN has a great profitability rating, there are quite some concerns on its financial health. KPN has a decent growth rate and is not valued too expensively. 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.
In the past 5 years KPN has always been profitable.
Each year in the past 5 years KPN had a positive operating cash flow.
1.2 Ratios
KPN has a better Return On Assets (6.43%) than 89.29% 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 89.29% of the companies in the same industry.
KPN's Return On Invested Capital of 10.05% is amongst the best of the industry. KPN outperforms 92.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KPN is above the industry average of 7.65%.
| 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
The Profit Margin of KPN (14.24%) is better than 85.71% of its industry peers.
KPN's Profit Margin has improved in the last couple of years.
KPN has a Operating Margin of 25.11%. This is amongst the best in the industry. KPN outperforms 92.86% of its industry peers.
KPN's Operating Margin has improved in the last couple of years.
The Gross Margin of KPN (78.55%) is better than 85.71% of its industry peers.
KPN's Gross Margin has been stable in the last couple of years.
| 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.
Compared to 5 years ago, KPN has less shares outstanding
Compared to 1 year ago, KPN has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.22, we must say that KPN is in the distress zone and has some risk of bankruptcy.
KPN has a Altman-Z score of 1.22. This is in the better half of the industry: KPN outperforms 60.71% 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.
KPN has a Debt to FCF ratio of 7.79. This is in the better half of the industry: KPN outperforms 60.71% 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.
With a Debt to Equity ratio value of 2.03, KPN is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | 7.79 | ||
| Altman-Z | 1.22 |
ROIC/WACC1.68
WACC5.97%
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.
KPN has a Current ratio (0.72) which 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.
With a Quick ratio value of 0.70, KPN perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The earnings per share for KPN have decreased by 0.00% in the last year.
The Earnings Per Share has been growing slightly by 6.54% on average over the past years.
KPN shows a small growth in Revenue. In the last year, the Revenue has grown by 3.00%.
Measured over the past years, KPN shows a small growth in Revenue. The Revenue has been growing by 0.42% on average per year.
EPS 1Y (TTM)0%
EPS 3Y-8.8%
EPS 5Y6.54%
EPS Q2Q%0%
Revenue 1Y (TTM)3%
Revenue growth 3Y2.15%
Revenue growth 5Y0.42%
Sales Q2Q%2.46%
3.2 Future
Based on estimates for the next years, KPN will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.15% on average per year.
Based on estimates for the next years, KPN will show a small growth in Revenue. The Revenue will grow by 1.29% on average per year.
EPS Next Y4.01%
EPS Next 2Y7.6%
EPS Next 3Y7.93%
EPS Next 5Y8.15%
Revenue Next Year3.52%
Revenue Next 2Y2.62%
Revenue Next 3Y2.43%
Revenue Next 5Y1.29%
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.76, KPN is valued on the expensive side.
Based on the Price/Earnings ratio, KPN is valued a bit cheaper than the industry average as 67.86% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of KPN to the average of the S&P500 Index (26.15), we can say KPN is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 15.47, the valuation of KPN can be described as correct.
KPN's Price/Forward Earnings is on the same level as the industry average.
KPN is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.76 | ||
| Fwd PE | 15.47 |
4.2 Price Multiples
KPN's Enterprise Value to EBITDA is on the same level as the industry average.
KPN's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.06 | ||
| EV/EBITDA | 8.07 |
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)4.68
PEG (5Y)2.87
EPS Next 2Y7.6%
EPS Next 3Y7.93%
5. Dividend
5.1 Amount
KPN has a Yearly Dividend Yield of 4.55%, which is a nice return.
KPN's Dividend Yield is a higher than the industry average which is at 4.96.
Compared to an average S&P500 Dividend Yield of 2.41, KPN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.55% |
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 2Y7.6%
EPS Next 3Y7.93%
AMS:KPN (11/28/2025, 5:36:15 PM)
3.94
-0.05 (-1.18%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners66.77%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap15.32B
Revenue(TTM)5.60B
Net Income(TTM)798.00M
Analysts73.33
Price Target4.45 (12.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.55% |
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)1.88%
PT rev (3m)3.51%
EPS NQ rev (1m)2.76%
EPS NQ rev (3m)2.35%
EPS NY rev (1m)0.6%
EPS NY rev (3m)-0.07%
Revenue NQ rev (1m)0.2%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.76 | ||
| Fwd PE | 15.47 | ||
| P/S | 2.73 | ||
| P/FCF | 17.06 | ||
| P/OCF | 7.08 | ||
| P/B | 4.51 | ||
| P/tB | 64.38 | ||
| EV/EBITDA | 8.07 |
EPS(TTM)0.21
EY5.33%
EPS(NY)0.25
Fwd EY6.46%
FCF(TTM)0.23
FCFY5.86%
OCF(TTM)0.56
OCFY14.12%
SpS1.44
BVpS0.87
TBVpS0.06
PEG (NY)4.68
PEG (5Y)2.87
Graham Number2.03
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%
ROICexgc growth 3Y10.82%
ROICexgc 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 | 1.22 |
F-Score8
WACC5.97%
ROIC/WACC1.68
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)0%
EPS 3Y-8.8%
EPS 5Y6.54%
EPS Q2Q%0%
EPS Next Y4.01%
EPS Next 2Y7.6%
EPS Next 3Y7.93%
EPS Next 5Y8.15%
Revenue 1Y (TTM)3%
Revenue growth 3Y2.15%
Revenue growth 5Y0.42%
Sales Q2Q%2.46%
Revenue Next Year3.52%
Revenue Next 2Y2.62%
Revenue Next 3Y2.43%
Revenue Next 5Y1.29%
EBIT growth 1Y3.53%
EBIT growth 3Y10.18%
EBIT growth 5Y7.9%
EBIT Next Year95.62%
EBIT Next 3Y27.27%
EBIT Next 5Y14.87%
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%
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.
Can you provide the valuation status for KONINKLIJKE KPN NV?
ChartMill assigns a valuation rating of 4 / 10 to KONINKLIJKE KPN NV (KPN.AS). This can be considered as Fairly Valued.
Can you provide the profitability details for KONINKLIJKE KPN NV?
KONINKLIJKE KPN NV (KPN.AS) has a profitability rating of 9 / 10.
What are the PE and PB ratios of KONINKLIJKE KPN NV (KPN.AS) stock?
The Price/Earnings (PE) ratio for KONINKLIJKE KPN NV (KPN.AS) is 18.76 and the Price/Book (PB) ratio is 4.51.
How financially healthy is KONINKLIJKE KPN NV?
The financial health rating of KONINKLIJKE KPN NV (KPN.AS) is 3 / 10.