KONTRON AG (KTN.DE) Stock Fundamental Analysis
FRA:KTN - Deutsche Boerse Ag - AT0000A0E9W5 - Common Stock - Currency: EUR
Overall KTN gets a fundamental rating of 5 out of 10. We evaluated KTN against 71 industry peers in the IT Services industry. KTN has a medium profitability rating, but doesn't score so well on its financial health evaluation. KTN is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
KTN had positive earnings in the past year.
In the past year KTN had a positive cash flow from operations.
In the past 5 years KTN has always been profitable.
Each year in the past 5 years KTN had a positive operating cash flow.
1.2 Ratios
The Return On Assets of KTN (4.97%) is better than 61.97% of its industry peers.
KTN has a better Return On Equity (14.34%) than 66.20% of its industry peers.
KTN has a Return On Invested Capital (7.27%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for KTN is significantly below the industry average of 10.92%.
The last Return On Invested Capital (7.27%) for KTN is above the 3 year average (5.19%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.97% | ||
| ROE | 14.34% | ||
| ROIC | 7.27% |
ROA(3y)8.93%
ROA(5y)6.96%
ROE(3y)21.31%
ROE(5y)17.84%
ROIC(3y)5.19%
ROIC(5y)5%
1.3 Margins
With a decent Profit Margin value of 5.38%, KTN is doing good in the industry, outperforming 69.01% of the companies in the same industry.
KTN's Profit Margin has improved in the last couple of years.
KTN has a Operating Margin (6.78%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of KTN has grown nicely.
KTN has a Gross Margin of 43.55%. This is in the lower half of the industry: KTN underperforms 64.79% of its industry peers.
In the last couple of years the Gross Margin of KTN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.78% | ||
| PM (TTM) | 5.38% | ||
| GM | 43.55% |
OM growth 3Y18.89%
OM growth 5Y3.27%
PM growth 3Y3.81%
PM growth 5Y4.24%
GM growth 3Y4.79%
GM growth 5Y2.94%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KTN is still creating some value.
Compared to 1 year ago, KTN has less shares outstanding
The number of shares outstanding for KTN has been reduced compared to 5 years ago.
The debt/assets ratio for KTN is higher compared to a year ago.
2.2 Solvency
KTN has an Altman-Z score of 2.58. This is not the best score and indicates that KTN is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.58, KTN perfoms like the industry average, outperforming 53.52% of the companies in the same industry.
The Debt to FCF ratio of KTN is 17.25, which is on the high side as it means it would take KTN, 17.25 years of fcf income to pay off all of its debts.
KTN has a Debt to FCF ratio of 17.25. This is in the lower half of the industry: KTN underperforms 71.83% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that KTN is not too dependend on debt financing.
The Debt to Equity ratio of KTN (0.48) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 17.25 | ||
| Altman-Z | 2.58 |
ROIC/WACC1.09
WACC6.66%
2.3 Liquidity
A Current Ratio of 1.50 indicates that KTN should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.50, KTN is in the better half of the industry, outperforming 66.20% of the companies in the same industry.
KTN has a Quick Ratio of 1.50. This is a bad value and indicates that KTN is not financially healthy enough and could expect problems in meeting its short term obligations.
KTN has a Quick ratio of 0.98. This is in the lower half of the industry: KTN underperforms 71.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.5 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.41% over the past year.
KTN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.29% yearly.
KTN shows a strong growth in Revenue. In the last year, the Revenue has grown by 37.43%.
Measured over the past years, KTN shows a quite strong growth in Revenue. The Revenue has been growing by 12.47% on average per year.
EPS 1Y (TTM)21.41%
EPS 3Y25.29%
EPS 5YN/A
EPS Q2Q%26.69%
Revenue 1Y (TTM)37.43%
Revenue growth 3Y12.47%
Revenue growth 5YN/A
Sales Q2Q%30.72%
3.2 Future
The Earnings Per Share is expected to grow by 16.81% on average over the next years. This is quite good.
Based on estimates for the next years, KTN will show a quite strong growth in Revenue. The Revenue will grow by 8.96% on average per year.
EPS Next Y5.36%
EPS Next 2Y4.56%
EPS Next 3Y10.81%
EPS Next 5Y16.81%
Revenue Next Year9.16%
Revenue Next 2Y1.31%
Revenue Next 3Y-0.16%
Revenue Next 5Y8.96%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 26.89, the valuation of KTN can be described as expensive.
KTN's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of KTN to the average of the S&P500 Index (25.91), we can say KTN is valued inline with the index average.
With a Price/Forward Earnings ratio of 24.60, KTN is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KTN is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of KTN to the average of the S&P500 Index (21.85), we can say KTN is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.89 | ||
| Fwd PE | 24.6 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as KTN.
Based on the Price/Free Cash Flow ratio, KTN is valued a bit more expensive than the industry average as 71.83% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 52.6 | ||
| EV/EBITDA | 8.32 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
KTN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.02
PEG (5Y)N/A
EPS Next 2Y4.56%
EPS Next 3Y10.81%
5. Dividend
5.1 Amount
KTN has a Yearly Dividend Yield of 2.61%.
Compared to an average industry Dividend Yield of 6.87, KTN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, KTN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
5.2 History
On average, the dividend of KTN grows each year by 25.49%, which is quite nice.
Dividend Growth(5Y)25.49%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
KTN pays out 34.00% of its income as dividend. This is a sustainable payout ratio.
The dividend of KTN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP34%
EPS Next 2Y4.56%
EPS Next 3Y10.81%
FRA:KTN (5/22/2025, 5:29:58 PM)
22.86
-0.12 (-0.52%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners27.67%
Inst Owner ChangeN/A
Ins Owners2.13%
Ins Owner ChangeN/A
Market Cap1.46B
Analysts86.67
Price Target29.71 (29.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
Yearly Dividend0.5
Dividend Growth(5Y)25.49%
DP34%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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%
PT rev (3m)-2.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.36%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.73%
Revenue NY rev (3m)-2.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.89 | ||
| Fwd PE | 24.6 | ||
| P/S | 0.87 | ||
| P/FCF | 52.6 | ||
| P/OCF | 14.75 | ||
| P/B | 2.31 | ||
| P/tB | 6.87 | ||
| EV/EBITDA | 8.32 |
EPS(TTM)0.85
EY3.72%
EPS(NY)0.93
Fwd EY4.06%
FCF(TTM)0.43
FCFY1.9%
OCF(TTM)1.55
OCFY6.78%
SpS26.38
BVpS9.9
TBVpS3.33
PEG (NY)5.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.97% | ||
| ROE | 14.34% | ||
| ROCE | 10.33% | ||
| ROIC | 7.27% | ||
| ROICexc | 10.41% | ||
| ROICexgc | 22.83% | ||
| OM | 6.78% | ||
| PM (TTM) | 5.38% | ||
| GM | 43.55% | ||
| FCFM | 1.65% |
ROA(3y)8.93%
ROA(5y)6.96%
ROE(3y)21.31%
ROE(5y)17.84%
ROIC(3y)5.19%
ROIC(5y)5%
ROICexc(3y)8.87%
ROICexc(5y)9.77%
ROICexgc(3y)29.94%
ROICexgc(5y)N/A
ROCE(3y)7.82%
ROCE(5y)7.47%
ROICexcg growth 3YN/A
ROICexcg growth 5Y-11.68%
ROICexc growth 3Y-12.19%
ROICexc growth 5Y-2.77%
OM growth 3Y18.89%
OM growth 5Y3.27%
PM growth 3Y3.81%
PM growth 5Y4.24%
GM growth 3Y4.79%
GM growth 5Y2.94%
F-Score7
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 17.25 | ||
| Debt/EBITDA | 1.59 | ||
| Cap/Depr | 91.75% | ||
| Cap/Sales | 4.23% | ||
| Interest Coverage | 4.81 | ||
| Cash Conversion | 51.61% | ||
| Profit Quality | 30.61% | ||
| Current Ratio | 1.5 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 2.58 |
F-Score7
WACC6.66%
ROIC/WACC1.09
Cap/Depr(3y)85.49%
Cap/Depr(5y)77.11%
Cap/Sales(3y)3.94%
Cap/Sales(5y)3.84%
Profit Quality(3y)41.04%
Profit Quality(5y)83.08%
High Growth Momentum
Growth
EPS 1Y (TTM)21.41%
EPS 3Y25.29%
EPS 5YN/A
EPS Q2Q%26.69%
EPS Next Y5.36%
EPS Next 2Y4.56%
EPS Next 3Y10.81%
EPS Next 5Y16.81%
Revenue 1Y (TTM)37.43%
Revenue growth 3Y12.47%
Revenue growth 5YN/A
Sales Q2Q%30.72%
Revenue Next Year9.16%
Revenue Next 2Y1.31%
Revenue Next 3Y-0.16%
Revenue Next 5Y8.96%
EBIT growth 1Y32.01%
EBIT growth 3Y41.34%
EBIT growth 5Y12%
EBIT Next Year91.5%
EBIT Next 3Y33.11%
EBIT Next 5Y19.56%
FCF growth 1Y-60.67%
FCF growth 3Y-16.85%
FCF growth 5Y-13.19%
OCF growth 1Y-15.3%
OCF growth 3Y1.28%
OCF growth 5Y3.49%