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 68 industry peers in the IT Services industry. KTN has only an average score on both its financial health and profitability. KTN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KTN was profitable.
KTN had a positive operating cash flow in the past year.
Each year in the past 5 years KTN has been profitable.
In the past 5 years KTN always reported a positive cash flow from operatings.
1.2 Ratios
KTN's Return On Assets of 5.50% is fine compared to the rest of the industry. KTN outperforms 69.12% of its industry peers.
KTN has a Return On Equity of 14.56%. This is in the better half of the industry: KTN outperforms 66.18% of its industry peers.
KTN has a Return On Invested Capital (7.75%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for KTN is significantly below the industry average of 10.89%.
The last Return On Invested Capital (7.75%) for KTN is above the 3 year average (5.19%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 14.56% | ||
| ROIC | 7.75% |
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 5.51%, KTN is doing good in the industry, outperforming 69.12% of the companies in the same industry.
In the last couple of years the Profit Margin of KTN has grown nicely.
KTN has a Operating Margin (7.05%) which is in line with its industry peers.
In the last couple of years the Operating Margin of KTN has grown nicely.
KTN has a worse Gross Margin (44.37%) than 64.71% of its industry peers.
KTN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.05% | ||
| PM (TTM) | 5.51% | ||
| GM | 44.37% |
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
KTN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for KTN has been reduced compared to 1 year ago.
Compared to 5 years ago, KTN has less shares outstanding
KTN has a worse debt/assets ratio than last year.
2.2 Solvency
KTN has an Altman-Z score of 2.88. 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.
KTN has a better Altman-Z score (2.88) than 61.76% of its industry peers.
KTN has a debt to FCF ratio of 11.33. This is a negative value and a sign of low solvency as KTN would need 11.33 years to pay back of all of its debts.
KTN has a Debt to FCF ratio of 11.33. This is in the lower half of the industry: KTN underperforms 69.12% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that KTN is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.44, KTN perfoms like the industry average, outperforming 45.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 11.33 | ||
| Altman-Z | 2.88 |
ROIC/WACC1.15
WACC6.71%
2.3 Liquidity
KTN has a Current Ratio of 1.56. This is a normal value and indicates that KTN is financially healthy and should not expect problems in meeting its short term obligations.
KTN has a better Current ratio (1.56) than 72.06% of its industry peers.
KTN has a Quick Ratio of 1.56. This is a bad value and indicates that KTN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.95, KTN is doing worse than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
KTN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.52%, which is quite impressive.
The Earnings Per Share has been growing by 14.11% on average over the past years. This is quite good.
The Revenue has grown by 31.41% in the past year. This is a very strong growth!
Measured over the past years, KTN shows a quite strong growth in Revenue. The Revenue has been growing by 8.45% on average per year.
EPS 1Y (TTM)26.52%
EPS 3Y24.27%
EPS 5Y14.11%
EPS Q2Q%24.95%
Revenue 1Y (TTM)31.41%
Revenue growth 3Y18.88%
Revenue growth 5Y8.45%
Sales Q2Q%8.24%
3.2 Future
Based on estimates for the next years, KTN will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.99% on average per year.
KTN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.06% yearly.
EPS Next Y26.86%
EPS Next 2Y21.16%
EPS Next 3Y17.22%
EPS Next 5Y8.99%
Revenue Next Year8.62%
Revenue Next 2Y8.23%
Revenue Next 3Y7.29%
Revenue Next 5Y6.06%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.11, the valuation of KTN can be described as rather expensive.
Based on the Price/Earnings ratio, KTN is valued a bit cheaper than the industry average as 66.18% of the companies are valued more expensively.
KTN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.51.
KTN is valuated correctly with a Price/Forward Earnings ratio of 12.53.
73.53% of the companies in the same industry are more expensive than KTN, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 35.58. KTN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.11 | ||
| Fwd PE | 12.53 |
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 67.65% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.47 | ||
| EV/EBITDA | 8.55 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of KTN may justify a higher PE ratio.
A more expensive valuation may be justified as KTN's earnings are expected to grow with 17.22% in the coming years.
PEG (NY)0.67
PEG (5Y)1.28
EPS Next 2Y21.16%
EPS Next 3Y17.22%
5. Dividend
5.1 Amount
KTN has a Yearly Dividend Yield of 2.26%.
KTN's Dividend Yield is comparable with the industry average which is at 7.37.
KTN's Dividend Yield is comparable with the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.26% |
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 Years1
Div Non Decr Years1
5.3 Sustainability
KTN pays out 32.64% 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.
DP32.64%
EPS Next 2Y21.16%
EPS Next 3Y17.22%
FRA:KTN (7/15/2025, 5:29:34 PM)
26.8
+1.96 (+7.89%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners27.83%
Inst Owner ChangeN/A
Ins Owners2.16%
Ins Owner ChangeN/A
Market Cap1.71B
Analysts86.67
Price Target30.95 (15.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.26% |
Yearly Dividend0.5
Dividend Growth(5Y)25.49%
DP32.64%
Div Incr Years1
Div Non Decr Years1
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)0
Avg Revenue beat(2)-13.72%
Min Revenue beat(2)-19.85%
Max Revenue beat(2)-7.6%
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)4.19%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.74%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.11 | ||
| Fwd PE | 12.53 | ||
| P/S | 1 | ||
| P/FCF | 48.47 | ||
| P/OCF | 15.22 | ||
| P/B | 2.64 | ||
| P/tB | 7.68 | ||
| EV/EBITDA | 8.55 |
EPS(TTM)1.48
EY5.52%
EPS(NY)2.14
Fwd EY7.98%
FCF(TTM)0.55
FCFY2.06%
OCF(TTM)1.76
OCFY6.57%
SpS26.84
BVpS10.16
TBVpS3.49
PEG (NY)0.67
PEG (5Y)1.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 14.56% | ||
| ROCE | 11.01% | ||
| ROIC | 7.75% | ||
| ROICexc | 9.73% | ||
| ROICexgc | 18.99% | ||
| OM | 7.05% | ||
| PM (TTM) | 5.51% | ||
| GM | 44.37% | ||
| FCFM | 2.06% |
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-Score8
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 11.33 | ||
| Debt/EBITDA | 1.39 | ||
| Cap/Depr | 92.38% | ||
| Cap/Sales | 4.5% | ||
| Interest Coverage | 4.69 | ||
| Cash Conversion | 55.04% | ||
| Profit Quality | 37.37% | ||
| Current Ratio | 1.56 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 2.88 |
F-Score8
WACC6.71%
ROIC/WACC1.15
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)26.52%
EPS 3Y24.27%
EPS 5Y14.11%
EPS Q2Q%24.95%
EPS Next Y26.86%
EPS Next 2Y21.16%
EPS Next 3Y17.22%
EPS Next 5Y8.99%
Revenue 1Y (TTM)31.41%
Revenue growth 3Y18.88%
Revenue growth 5Y8.45%
Sales Q2Q%8.24%
Revenue Next Year8.62%
Revenue Next 2Y8.23%
Revenue Next 3Y7.29%
Revenue Next 5Y6.06%
EBIT growth 1Y37.45%
EBIT growth 3Y41.34%
EBIT growth 5Y12%
EBIT Next Year91.8%
EBIT Next 3Y34.74%
EBIT Next 5Y20.47%
FCF growth 1Y-49.91%
FCF growth 3Y-16.85%
FCF growth 5Y-13.19%
OCF growth 1Y2.56%
OCF growth 3Y1.28%
OCF growth 5Y3.49%