KBC GROUP NV (KBC.BR)
BE0003565737 - Common Stock
Overall KBC gets a fundamental rating of 2 out of 10. We evaluated KBC against 89 industry peers in the Banks industry. KBC has a bad profitability rating. Also its financial health evaluation is rather negative. KBC has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
KBC had positive earnings in the past year.
In the past year KBC has reported a negative cash flow from operations.
KBC had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: KBC reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of KBC (0.80%) is comparable to the rest of the industry.
KBC's Return On Equity of 12.65% is fine compared to the rest of the industry. KBC outperforms 63.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 12.65% | ||
| ROIC | N/A |
ROA(3y)0.83%
ROA(5y)0.75%
ROE(3y)12.52%
ROE(5y)11.21%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of KBC (23.08%) is comparable to the rest of the industry.
KBC's Profit Margin has been stable in the last couple of years.
KBC does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 23.08% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y20.25%
PM growth 5Y0.07%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
KBC does not have a ROIC to compare to the WACC, probably because it is not profitable.
KBC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for KBC has been reduced compared to 5 years ago.
The debt/assets ratio for KBC is higher compared to a year ago.
2.2 Solvency
KBC has a Debt/Equity ratio of 1.53. This is a high value indicating a heavy dependency on external financing.
KBC has a Debt to Equity ratio (1.53) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC24.39%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
KBC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.57%.
KBC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.07% yearly.
Looking at the last year, KBC shows a decrease in Revenue. The Revenue has decreased by -0.78% in the last year.
Measured over the past years, KBC shows a small growth in Revenue. The Revenue has been growing by 5.92% on average per year.
EPS 1Y (TTM)-9.57%
EPS 3Y34.1%
EPS 5Y6.07%
EPS Q2Q%-1.75%
Revenue 1Y (TTM)-0.78%
Revenue growth 3Y11.37%
Revenue growth 5Y5.92%
Sales Q2Q%1.23%
3.2 Future
KBC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.36% yearly.
Based on estimates for the next years, KBC will show a small growth in Revenue. The Revenue will grow by 4.14% on average per year.
EPS Next Y-1.47%
EPS Next 2Y-0.88%
EPS Next 3Y2.42%
EPS Next 5Y-1.36%
Revenue Next Year-1.08%
Revenue Next 2Y1.68%
Revenue Next 3Y2.86%
Revenue Next 5Y4.14%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.44, which indicates a very decent valuation of KBC.
Based on the Price/Earnings ratio, KBC is valued a bit more expensive than the industry average as 77.38% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 29.62. KBC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 8.48, the valuation of KBC can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as KBC.
The average S&P500 Price/Forward Earnings ratio is at 21.22. KBC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.44 | ||
| Fwd PE | 8.48 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.55
EPS Next 2Y-0.88%
EPS Next 3Y2.42%
5. Dividend
5.1 Amount
KBC has a Yearly Dividend Yield of 4.13%, which is a nice return.
With a Dividend Yield of 4.13, KBC pays less dividend than the industry average, which is at 5.66. 82.14% of the companies listed in the same industry pay a better dividend than KBC!
KBC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
5.2 History
The dividend of KBC is nicely growing with an annual growth rate of 6.06%!
Dividend Growth(5Y)6.06%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
67.43% of the earnings are spent on dividend by KBC. This is not a sustainable payout ratio.
The Dividend Rate of KBC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP67.43%
EPS Next 2Y-0.88%
EPS Next 3Y2.42%
KBC GROUP NV
EBR:KBC (9/6/2024, 5:36:15 PM)
66.92
-0.42 (-0.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap26.66B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.44 | ||
| Fwd PE | 8.48 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 12.65% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 23.08% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-9.57%
EPS 3Y34.1%
EPS 5Y
EPS Q2Q%
EPS Next Y-1.47%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.78%
Revenue growth 3Y11.37%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y