KNORR-BREMSE AG (KBX.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:KBX • DE000KBX1006

98.45 EUR
0 (0%)
Last: Jan 30, 2026, 05:36 PM
Fundamental Rating

5

KBX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 111 industry peers in the Machinery industry. Both the profitability and the financial health of KBX get a neutral evaluation. Nothing too spectacular is happening here. KBX is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year KBX was profitable.
  • In the past year KBX had a positive cash flow from operations.
  • In the past 5 years KBX has always been profitable.
  • In the past 5 years KBX always reported a positive cash flow from operatings.
KBX.DE Yearly Net Income VS EBIT VS OCF VS FCFKBX.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

  • KBX has a Return On Assets of 4.95%. This is in the better half of the industry: KBX outperforms 63.96% of its industry peers.
  • KBX has a better Return On Equity (14.36%) than 75.68% of its industry peers.
  • KBX has a Return On Invested Capital of 10.46%. This is in the better half of the industry: KBX outperforms 79.28% of its industry peers.
  • KBX had an Average Return On Invested Capital over the past 3 years of 11.00%. This is in line with the industry average of 9.21%.
Industry RankSector Rank
ROA 4.95%
ROE 14.36%
ROIC 10.46%
ROA(3y)5.8%
ROA(5y)6.55%
ROE(3y)17.71%
ROE(5y)21.38%
ROIC(3y)11%
ROIC(5y)12.85%
KBX.DE Yearly ROA, ROE, ROICKBX.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • KBX has a Profit Margin of 5.56%. This is in the better half of the industry: KBX outperforms 62.16% of its industry peers.
  • KBX's Profit Margin has declined in the last couple of years.
  • KBX has a better Operating Margin (11.08%) than 71.17% of its industry peers.
  • KBX's Operating Margin has declined in the last couple of years.
  • The Gross Margin of KBX (54.67%) is better than 72.07% of its industry peers.
  • In the last couple of years the Gross Margin of KBX has remained more or less at the same level.
Industry RankSector Rank
OM 11.08%
PM (TTM) 5.56%
GM 54.67%
OM growth 3Y-5.47%
OM growth 5Y-5.98%
PM growth 3Y-15.23%
PM growth 5Y-7.82%
GM growth 3Y1.46%
GM growth 5Y0.78%
KBX.DE Yearly Profit, Operating, Gross MarginsKBX.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KBX is still creating some value.
  • Compared to 1 year ago, KBX has about the same amount of shares outstanding.
  • The number of shares outstanding for KBX remains at a similar level compared to 5 years ago.
  • KBX has a worse debt/assets ratio than last year.
KBX.DE Yearly Shares OutstandingKBX.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
KBX.DE Yearly Total Debt VS Total AssetsKBX.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • KBX has an Altman-Z score of 3.68. This indicates that KBX is financially healthy and has little risk of bankruptcy at the moment.
  • KBX has a Altman-Z score of 3.68. This is in the better half of the industry: KBX outperforms 77.48% of its industry peers.
  • KBX has a debt to FCF ratio of 3.91. This is a good value and a sign of high solvency as KBX would need 3.91 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 3.91, KBX is doing good in the industry, outperforming 63.06% of the companies in the same industry.
  • A Debt/Equity ratio of 0.82 indicates that KBX is somewhat dependend on debt financing.
  • KBX's Debt to Equity ratio of 0.82 is on the low side compared to the rest of the industry. KBX is outperformed by 71.17% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 3.91
Altman-Z 3.68
ROIC/WACC1.55
WACC6.77%
KBX.DE Yearly LT Debt VS Equity VS FCFKBX.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 1.84 indicates that KBX should not have too much problems paying its short term obligations.
  • The Current ratio of KBX (1.84) is better than 65.77% of its industry peers.
  • A Quick Ratio of 1.36 indicates that KBX should not have too much problems paying its short term obligations.
  • KBX has a better Quick ratio (1.36) than 75.68% of its industry peers.
Industry RankSector Rank
Current Ratio 1.84
Quick Ratio 1.36
KBX.DE Yearly Current Assets VS Current LiabilitesKBX.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

4

3. Growth

3.1 Past

  • The earnings per share for KBX have decreased strongly by -29.50% in the last year.
  • The Earnings Per Share has been decreasing by -5.37% on average over the past years.
  • KBX shows a decrease in Revenue. In the last year, the revenue decreased by -1.77%.
  • The Revenue has been growing slightly by 2.59% on average over the past years.
EPS 1Y (TTM)-29.5%
EPS 3Y-10.55%
EPS 5Y-5.37%
EPS Q2Q%9.88%
Revenue 1Y (TTM)-1.77%
Revenue growth 3Y5.54%
Revenue growth 5Y2.59%
Sales Q2Q%-1.45%

3.2 Future

  • The Earnings Per Share is expected to grow by 16.97% on average over the next years. This is quite good.
  • KBX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.11% yearly.
EPS Next Y35.12%
EPS Next 2Y28.69%
EPS Next 3Y23.39%
EPS Next 5Y16.97%
Revenue Next Year-1.4%
Revenue Next 2Y1.88%
Revenue Next 3Y3.23%
Revenue Next 5Y4.11%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
KBX.DE Yearly Revenue VS EstimatesKBX.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2B 4B 6B 8B 10B
KBX.DE Yearly EPS VS EstimatesKBX.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4 5

3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 36.46, which means the current valuation is very expensive for KBX.
  • 60.36% of the companies in the same industry are cheaper than KBX, based on the Price/Earnings ratio.
  • KBX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 28.39.
  • The Price/Forward Earnings ratio is 21.46, which indicates a rather expensive current valuation of KBX.
  • The rest of the industry has a similar Price/Forward Earnings ratio as KBX.
  • When comparing the Price/Forward Earnings ratio of KBX to the average of the S&P500 Index (25.72), we can say KBX is valued inline with the index average.
Industry RankSector Rank
PE 36.46
Fwd PE 21.46
KBX.DE Price Earnings VS Forward Price EarningsKBX.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • KBX's Enterprise Value to EBITDA ratio is in line with the industry average.
  • KBX's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 19.81
EV/EBITDA 13.71
KBX.DE Per share dataKBX.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • KBX has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as KBX's earnings are expected to grow with 23.39% in the coming years.
PEG (NY)1.04
PEG (5Y)N/A
EPS Next 2Y28.69%
EPS Next 3Y23.39%

3

5. Dividend

5.1 Amount

  • KBX has a Yearly Dividend Yield of 1.76%.
  • KBX's Dividend Yield is a higher than the industry average which is at 1.48.
  • Compared to an average S&P500 Dividend Yield of 1.82, KBX has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.76%

5.2 History

  • The dividend of KBX decreases each year by -1.32%.
Dividend Growth(5Y)-1.32%
Div Incr Years1
Div Non Decr Years2
KBX.DE Yearly Dividends per shareKBX.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • 64.74% of the earnings are spent on dividend by KBX. This is not a sustainable payout ratio.
DP64.74%
EPS Next 2Y28.69%
EPS Next 3Y23.39%
KBX.DE Yearly Income VS Free CF VS DividendKBX.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
KBX.DE Dividend Payout.KBX.DE Dividend Payout, showing the Payout Ratio.KBX.DE Dividend Payout.PayoutRetained Earnings

KNORR-BREMSE AG / KBX.DE FAQ

What is the fundamental rating for KBX stock?

ChartMill assigns a fundamental rating of 5 / 10 to KBX.DE.


What is the valuation status of KNORR-BREMSE AG (KBX.DE) stock?

ChartMill assigns a valuation rating of 3 / 10 to KNORR-BREMSE AG (KBX.DE). This can be considered as Overvalued.


How profitable is KNORR-BREMSE AG (KBX.DE) stock?

KNORR-BREMSE AG (KBX.DE) has a profitability rating of 6 / 10.


Can you provide the expected EPS growth for KBX stock?

The Earnings per Share (EPS) of KNORR-BREMSE AG (KBX.DE) is expected to grow by 35.12% in the next year.


Is the dividend of KNORR-BREMSE AG sustainable?

The dividend rating of KNORR-BREMSE AG (KBX.DE) is 3 / 10 and the dividend payout ratio is 64.74%.