KRONES AG (KRN.DE) Stock Fundamental Analysis
FRA:KRN - Deutsche Boerse Ag - DE0006335003 - Common Stock - Currency: EUR
KRN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 109 industry peers in the Machinery industry. KRN scores excellent on profitability, but there are some minor concerns on its financial health. KRN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KRN was profitable.
KRN had a positive operating cash flow in the past year.
KRN had positive earnings in 4 of the past 5 years.
In the past 5 years KRN always reported a positive cash flow from operatings.
1.2 Ratios
KRN has a Return On Assets of 5.83%. This is in the better half of the industry: KRN outperforms 77.98% of its industry peers.
KRN has a Return On Equity of 14.45%. This is amongst the best in the industry. KRN outperforms 83.49% of its industry peers.
With an excellent Return On Invested Capital value of 11.58%, KRN belongs to the best of the industry, outperforming 87.16% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KRN is above the industry average of 8.05%.
The last Return On Invested Capital (11.58%) for KRN is above the 3 year average (10.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.83% | ||
| ROE | 14.45% | ||
| ROIC | 11.58% |
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 better Profit Margin (5.25%) than 64.22% of its industry peers.
In the last couple of years the Profit Margin of KRN has grown nicely.
With a Operating Margin value of 7.09%, KRN perfoms like the industry average, outperforming 58.72% of the companies in the same industry.
In the last couple of years the Operating Margin of KRN has grown nicely.
KRN's Gross Margin of 52.57% is fine compared to the rest of the industry. KRN outperforms 68.81% 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 | 7.09% | ||
| PM (TTM) | 5.25% | ||
| GM | 52.57% |
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.
The number of shares outstanding for KRN remains at a similar level compared to 1 year ago.
The number of shares outstanding for KRN remains at a similar level compared to 5 years ago.
Compared to 1 year ago, KRN has an improved debt to assets ratio.
2.2 Solvency
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.
KRN has a better Debt to FCF ratio (0.01) than 100.00% 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.
Looking at the Debt to Equity ratio, with a value of 0.00, KRN belongs to the top of the industry, outperforming 98.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | N/A |
ROIC/WACC1.64
WACC7.04%
2.3 Liquidity
A Current Ratio of 1.36 indicates that KRN should not have too much problems paying its short term obligations.
With a Current ratio value of 1.36, KRN is not doing good in the industry: 61.47% of the companies in the same industry are doing better.
KRN has a Quick Ratio of 1.10. This is a normal value and indicates that KRN is financially healthy and should not expect problems in meeting its short term obligations.
KRN has a Quick ratio (1.10) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.60% over the past year.
The Earnings Per Share has been growing by 96.42% on average over the past years. This is a very strong growth
The Revenue has grown by 14.42% in the past year. This is quite good.
The Revenue has been growing slightly by 5.98% on average over the past years.
EPS 1Y (TTM)26.6%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%15.38%
Revenue 1Y (TTM)14.42%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%13.06%
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 13.00% on average per year.
The Revenue is expected to grow by 5.20% on average over the next years.
EPS Next Y18.02%
EPS Next 2Y16.09%
EPS Next 3Y14.61%
EPS Next 5Y13%
Revenue Next Year8.08%
Revenue Next 2Y7.33%
Revenue Next 3Y7.1%
Revenue Next 5Y5.2%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
KRN is valuated correctly with a Price/Earnings ratio of 15.75.
64.22% of the companies in the same industry are more expensive than KRN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.43. KRN is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 12.12, KRN is valued correctly.
KRN's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.17. KRN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.75 | ||
| Fwd PE | 12.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KRN is valued a bit cheaper than the industry average as 66.06% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, KRN is valued a bit cheaper than 61.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.57 | ||
| EV/EBITDA | 6.86 |
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 an outstanding profitability rating, which may justify a higher PE ratio.
KRN's earnings are expected to grow with 14.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.87
PEG (5Y)0.16
EPS Next 2Y16.09%
EPS Next 3Y14.61%
5. Dividend
5.1 Amount
KRN has a Yearly Dividend Yield of 1.85%.
KRN's Dividend Yield is a higher than the industry average which is at 2.75.
KRN's Dividend Yield is slightly below the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
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
24.24% of the earnings are spent on dividend by KRN. This is a low number and sustainable payout ratio.
The dividend of KRN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP24.24%
EPS Next 2Y16.09%
EPS Next 3Y14.61%
FRA:KRN (6/4/2025, 7:00:00 PM)
143.2
+2.8 (+1.99%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners22.66%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.52B
Analysts80
Price Target151.69 (5.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
Yearly Dividend2.2
Dividend Growth(5Y)5.29%
DP24.24%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.43%
Min EPS beat(2)-7.42%
Max EPS beat(2)-1.44%
EPS beat(4)1
Avg EPS beat(4)6.57%
Min EPS beat(4)-18.73%
Max EPS beat(4)53.89%
EPS beat(8)3
Avg EPS beat(8)2.47%
EPS beat(12)7
Avg EPS beat(12)9.22%
EPS beat(16)11
Avg EPS beat(16)12.7%
Revenue beat(2)1
Avg Revenue beat(2)-0.14%
Min Revenue beat(2)-0.92%
Max Revenue beat(2)0.64%
Revenue beat(4)3
Avg Revenue beat(4)0.37%
Min Revenue beat(4)-0.92%
Max Revenue beat(4)1.67%
Revenue beat(8)3
Avg Revenue beat(8)-0.6%
Revenue beat(12)7
Avg Revenue beat(12)0.62%
Revenue beat(16)9
Avg Revenue beat(16)0.64%
PT rev (1m)0%
PT rev (3m)1.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.39%
Revenue NQ rev (1m)-0.7%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.75 | ||
| Fwd PE | 12.12 | ||
| P/S | 0.83 | ||
| P/FCF | 17.57 | ||
| P/OCF | 10.18 | ||
| P/B | 2.28 | ||
| P/tB | 3.21 | ||
| EV/EBITDA | 6.86 |
EPS(TTM)9.09
EY6.35%
EPS(NY)11.82
Fwd EY8.25%
FCF(TTM)8.15
FCFY5.69%
OCF(TTM)14.06
OCFY9.82%
SpS172.73
BVpS62.82
TBVpS44.56
PEG (NY)0.87
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.83% | ||
| ROE | 14.45% | ||
| ROCE | 15.97% | ||
| ROIC | 11.58% | ||
| ROICexc | 15.32% | ||
| ROICexgc | 22.37% | ||
| OM | 7.09% | ||
| PM (TTM) | 5.25% | ||
| GM | 52.57% | ||
| FCFM | 4.72% |
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 Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 107.25% | ||
| Cap/Sales | 3.42% | ||
| Interest Coverage | 58.35 | ||
| Cash Conversion | 79.18% | ||
| Profit Quality | 89.82% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | N/A |
F-Score8
WACC7.04%
ROIC/WACC1.64
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)26.6%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%15.38%
EPS Next Y18.02%
EPS Next 2Y16.09%
EPS Next 3Y14.61%
EPS Next 5Y13%
Revenue 1Y (TTM)14.42%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%13.06%
Revenue Next Year8.08%
Revenue Next 2Y7.33%
Revenue Next 3Y7.1%
Revenue Next 5Y5.2%
EBIT growth 1Y29.71%
EBIT growth 3Y28.43%
EBIT growth 5Y39.26%
EBIT Next Year64.77%
EBIT Next 3Y25.33%
EBIT Next 5Y15.11%
FCF growth 1Y0.15%
FCF growth 3Y3.15%
FCF growth 5YN/A
OCF growth 1Y15.52%
OCF growth 3Y8.72%
OCF growth 5Y35.97%