KRONES AG (KRN.DE) Stock Fundamental Analysis
Europe - FRA:KRN - DE0006335003 - Common Stock
123 EUR
+1 (+0.82%)
Taking everything into account, KRN scores 6 out of 10 in our fundamental rating. KRN was compared to 102 industry peers in the Machinery industry. KRN gets an excellent profitability rating and is at the same time showing great financial health properties. KRN has a correct valuation and a medium growth rate. This makes KRN very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year KRN was profitable.
KRN had a positive operating cash flow in the past year.
Of the past 5 years KRN 4 years were profitable.
KRN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KRN's Return On Assets of 6.04% is fine compared to the rest of the industry. KRN outperforms 79.41% of its industry peers.
With a decent Return On Equity value of 14.60%, KRN is doing good in the industry, outperforming 78.43% of the companies in the same industry.
With an excellent Return On Invested Capital value of 11.73%, KRN belongs to the best of the industry, outperforming 86.27% of the companies in the same industry.
KRN had an Average Return On Invested Capital over the past 3 years of 10.37%. This is in line with the industry average of 9.17%.
The last Return On Invested Capital (11.73%) for KRN is above the 3 year average (10.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.04% | ||
| ROE | 14.6% | ||
| ROIC | 11.73% |
ROA(3y)5.11%
ROA(5y)3.35%
ROE(3y)13.07%
ROE(5y)8.54%
ROIC(3y)10.37%
ROIC(5y)N/A
1.3 Margins
KRN has a Profit Margin of 5.26%. This is in the better half of the industry: KRN outperforms 66.67% of its industry peers.
KRN's Profit Margin has improved in the last couple of years.
KRN has a Operating Margin (7.15%) which is in line with its industry peers.
In the last couple of years the Operating Margin of KRN has grown nicely.
KRN has a better Gross Margin (53.11%) than 69.61% of its industry peers.
In the last couple of years the Gross Margin of KRN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.15% | ||
| PM (TTM) | 5.26% | ||
| GM | 53.11% |
OM growth 3Y13.3%
OM growth 5Y31.4%
PM growth 3Y10.38%
PM growth 5Y85.26%
GM growth 3Y0.06%
GM growth 5Y0.84%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KRN is still creating some value.
KRN has about the same amout of shares outstanding than it did 1 year ago.
KRN has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, KRN has an improved debt to assets ratio.
2.2 Solvency
KRN has an Altman-Z score of 3.08. This indicates that KRN is financially healthy and has little risk of bankruptcy at the moment.
KRN's Altman-Z score of 3.08 is fine compared to the rest of the industry. KRN outperforms 77.45% of its industry peers.
The Debt to FCF ratio of KRN is 0.01, which is an excellent value as it means it would take KRN, only 0.01 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of KRN (0.01) is better than 99.02% of its industry peers.
KRN has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of KRN (0.00) is better than 97.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 3.08 |
ROIC/WACC1.63
WACC7.18%
2.3 Liquidity
A Current Ratio of 1.38 indicates that KRN should not have too much problems paying its short term obligations.
KRN has a Current ratio (1.38) which is in line with its industry peers.
KRN has a Quick Ratio of 1.11. This is a normal value and indicates that KRN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.11, KRN is in the better half of the industry, outperforming 62.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.82% over the past year.
KRN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 96.42% yearly.
KRN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.25%.
KRN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.98% yearly.
EPS 1Y (TTM)20.82%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%0.91%
Revenue 1Y (TTM)10.25%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%0.57%
3.2 Future
Based on estimates for the next years, KRN will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.52% on average per year.
The Revenue is expected to grow by 6.43% on average over the next years.
EPS Next Y16.53%
EPS Next 2Y14.6%
EPS Next 3Y13.23%
EPS Next 5Y9.52%
Revenue Next Year7.77%
Revenue Next 2Y7.12%
Revenue Next 3Y6.79%
Revenue Next 5Y6.43%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.50, the valuation of KRN can be described as correct.
Based on the Price/Earnings ratio, KRN is valued a bit cheaper than 74.51% of the companies in the same industry.
KRN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.32.
With a Price/Forward Earnings ratio of 10.68, the valuation of KRN can be described as very reasonable.
Based on the Price/Forward Earnings ratio, KRN is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.89. KRN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.5 | ||
| Fwd PE | 10.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KRN is valued a bit cheaper than 73.53% of the companies in the same industry.
KRN's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.2 | ||
| EV/EBITDA | 6.11 |
4.3 Compensation for Growth
KRN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KRN has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KRN's earnings are expected to grow with 13.23% in the coming years.
PEG (NY)0.82
PEG (5Y)0.14
EPS Next 2Y14.6%
EPS Next 3Y13.23%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.14%, KRN has a reasonable but not impressive dividend return.
KRN's Dividend Yield is a higher than the industry average which is at 2.55.
KRN's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.14% |
5.2 History
The dividend of KRN has a limited annual growth rate of 5.29%.
Dividend Growth(5Y)5.29%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
28.58% of the earnings are spent on dividend by KRN. This is a low number and sustainable payout ratio.
KRN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.58%
EPS Next 2Y14.6%
EPS Next 3Y13.23%
FRA:KRN (9/26/2025, 5:29:39 PM)
123
+1 (+0.82%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners20.81%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.89B
Analysts82.22
Price Target161.31 (31.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.14% |
Yearly Dividend2.2
Dividend Growth(5Y)5.29%
DP28.58%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.47%
Min EPS beat(2)-5.49%
Max EPS beat(2)-1.44%
EPS beat(4)0
Avg EPS beat(4)-8.27%
Min EPS beat(4)-18.73%
Max EPS beat(4)-1.44%
EPS beat(8)2
Avg EPS beat(8)1.18%
EPS beat(12)6
Avg EPS beat(12)7.58%
EPS beat(16)10
Avg EPS beat(16)11.77%
Revenue beat(2)1
Avg Revenue beat(2)-2.15%
Min Revenue beat(2)-4.95%
Max Revenue beat(2)0.64%
Revenue beat(4)2
Avg Revenue beat(4)-0.89%
Min Revenue beat(4)-4.95%
Max Revenue beat(4)1.67%
Revenue beat(8)3
Avg Revenue beat(8)-0.88%
Revenue beat(12)6
Avg Revenue beat(12)0.17%
Revenue beat(16)9
Avg Revenue beat(16)0.34%
PT rev (1m)1.07%
PT rev (3m)1.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.5 | ||
| Fwd PE | 10.68 | ||
| P/S | 0.71 | ||
| P/FCF | 20.2 | ||
| P/OCF | 10.51 | ||
| P/B | 1.97 | ||
| P/tB | 2.77 | ||
| EV/EBITDA | 6.11 |
EPS(TTM)9.11
EY7.41%
EPS(NY)11.52
Fwd EY9.36%
FCF(TTM)6.09
FCFY4.95%
OCF(TTM)11.7
OCFY9.51%
SpS172.96
BVpS62.29
TBVpS44.34
PEG (NY)0.82
PEG (5Y)0.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.04% | ||
| ROE | 14.6% | ||
| ROCE | 16.18% | ||
| ROIC | 11.73% | ||
| ROICexc | 13.9% | ||
| ROICexgc | 19.27% | ||
| OM | 7.15% | ||
| PM (TTM) | 5.26% | ||
| GM | 53.11% | ||
| FCFM | 3.52% |
ROA(3y)5.11%
ROA(5y)3.35%
ROE(3y)13.07%
ROE(5y)8.54%
ROIC(3y)10.37%
ROIC(5y)N/A
ROICexc(3y)13.79%
ROICexc(5y)N/A
ROICexgc(3y)19.27%
ROICexgc(5y)N/A
ROCE(3y)14.31%
ROCE(5y)N/A
ROICexcg growth 3Y22.07%
ROICexcg growth 5Y40.08%
ROICexc growth 3Y16.88%
ROICexc growth 5Y36.18%
OM growth 3Y13.3%
OM growth 5Y31.4%
PM growth 3Y10.38%
PM growth 5Y85.26%
GM growth 3Y0.06%
GM growth 5Y0.84%
F-Score8
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 99.05% | ||
| Cap/Sales | 3.24% | ||
| Interest Coverage | 59.78 | ||
| Cash Conversion | 64.91% | ||
| Profit Quality | 66.94% | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 3.08 |
F-Score8
WACC7.18%
ROIC/WACC1.63
Cap/Depr(3y)96.01%
Cap/Depr(5y)83.18%
Cap/Sales(3y)3.22%
Cap/Sales(5y)3.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.82%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%0.91%
EPS Next Y16.53%
EPS Next 2Y14.6%
EPS Next 3Y13.23%
EPS Next 5Y9.52%
Revenue 1Y (TTM)10.25%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%0.57%
Revenue Next Year7.77%
Revenue Next 2Y7.12%
Revenue Next 3Y6.79%
Revenue Next 5Y6.43%
EBIT growth 1Y19.62%
EBIT growth 3Y28.43%
EBIT growth 5Y39.26%
EBIT Next Year64.77%
EBIT Next 3Y25.33%
EBIT Next 5Y17.06%
FCF growth 1Y28.44%
FCF growth 3Y3.15%
FCF growth 5YN/A
OCF growth 1Y35.92%
OCF growth 3Y8.72%
OCF growth 5Y35.97%