KRONES AG (KRN.DE) Stock Fundamental Analysis
FRA:KRN - DE0006335003 - Common Stock
126.6 EUR
-2.4 (-1.86%)
Overall KRN gets a fundamental rating of 7 out of 10. We evaluated KRN against 105 industry peers in the Machinery industry. KRN scores excellent points on both the profitability and health parts. This is a solid base for a good stock. KRN is not valued too expensively and it also shows a decent growth rate. These ratings would make KRN suitable 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
Looking at the Return On Assets, with a value of 6.04%, KRN is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
The Return On Equity of KRN (14.60%) is better than 80.95% of its industry peers.
KRN has a Return On Invested Capital of 11.73%. This is amongst the best in the industry. KRN outperforms 87.62% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KRN is in line with the industry average of 8.67%.
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
Looking at the Profit Margin, with a value of 5.26%, KRN is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of KRN has grown nicely.
KRN's Operating Margin of 7.15% is fine compared to the rest of the industry. KRN outperforms 60.95% of its industry peers.
KRN's Operating Margin has improved in the last couple of years.
The Gross Margin of KRN (53.11%) is better than 70.48% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KRN is 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.
The debt/assets ratio for KRN has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.13 indicates that KRN is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.13, KRN is in the better half of the industry, outperforming 75.24% of the companies in the same industry.
KRN has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
KRN's Debt to FCF ratio of 0.01 is amongst the best of the industry. KRN outperforms 99.05% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that KRN is not too dependend on debt financing.
KRN has a better Debt to Equity ratio (0.00) than 97.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 3.13 |
ROIC/WACC1.64
WACC7.14%
2.3 Liquidity
KRN has a Current Ratio of 1.38. 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 worse Current ratio (1.38) than 62.86% of 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.
KRN has a Quick ratio (1.11) which is in line with its industry peers.
KRN does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
KRN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.82%, which is quite impressive.
KRN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 96.42% yearly.
The Revenue has grown by 10.25% in the past year. This is quite good.
Measured over the past years, KRN shows a small growth in Revenue. The Revenue has been growing by 5.98% on average per year.
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
KRN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.49% yearly.
The Revenue is expected to grow by 6.38% on average over the next years.
EPS Next Y16.53%
EPS Next 2Y14.6%
EPS Next 3Y13.23%
EPS Next 5Y9.49%
Revenue Next Year7.8%
Revenue Next 2Y7.12%
Revenue Next 3Y6.73%
Revenue Next 5Y6.38%
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 decreasing.
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 13.90, the valuation of KRN can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of KRN indicates a somewhat cheap valuation: KRN is cheaper than 72.38% of the companies listed in the same industry.
KRN is valuated rather cheaply when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.99, which indicates a very decent valuation of KRN.
Based on the Price/Forward Earnings ratio, KRN is valued a bit cheaper than the industry average as 72.38% of the companies are valued more expensively.
KRN is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.63, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.9 | ||
| Fwd PE | 10.99 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KRN indicates a somewhat cheap valuation: KRN is cheaper than 69.52% of the companies listed in the same industry.
KRN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.79 | ||
| EV/EBITDA | 6.5 |
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 13.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.84
PEG (5Y)0.14
EPS Next 2Y14.6%
EPS Next 3Y13.23%
5. Dividend
5.1 Amount
KRN has a Yearly Dividend Yield of 1.94%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.87, KRN pays a bit more dividend than its industry peers.
KRN's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
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
KRN pays out 28.58% of its income as dividend. This is a 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 (9/4/2025, 7:00:00 PM)
126.6
-2.4 (-1.86%)
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 Cap4.00B
Analysts80
Price Target159.59 (26.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
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)-0.05%
PT rev (3m)5.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.26%
EPS NY rev (3m)-1.26%
Revenue NQ rev (1m)-0.99%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.38%
Revenue NY rev (3m)-0.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.9 | ||
| Fwd PE | 10.99 | ||
| P/S | 0.73 | ||
| P/FCF | 20.79 | ||
| P/OCF | 10.82 | ||
| P/B | 2.03 | ||
| P/tB | 2.86 | ||
| EV/EBITDA | 6.5 |
EPS(TTM)9.11
EY7.2%
EPS(NY)11.52
Fwd EY9.1%
FCF(TTM)6.09
FCFY4.81%
OCF(TTM)11.7
OCFY9.24%
SpS172.96
BVpS62.29
TBVpS44.34
PEG (NY)0.84
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 | 3.13 |
F-Score8
WACC7.14%
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)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 5Y9.49%
Revenue 1Y (TTM)10.25%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%0.57%
Revenue Next Year7.8%
Revenue Next 2Y7.12%
Revenue Next 3Y6.73%
Revenue Next 5Y6.38%
EBIT growth 1Y19.62%
EBIT growth 3Y28.43%
EBIT growth 5Y39.26%
EBIT Next Year64.77%
EBIT Next 3Y25.33%
EBIT Next 5Y15.89%
FCF growth 1Y28.44%
FCF growth 3Y3.15%
FCF growth 5YN/A
OCF growth 1Y35.92%
OCF growth 3Y8.72%
OCF growth 5Y35.97%