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

Europe • Frankfurt Stock Exchange • FRA:KBX • DE000KBX1006

105.15 EUR
-0.05 (-0.05%)
Last: Feb 5, 2026, 05:29 PM
Fundamental Rating

5

KBX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 112 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

  • KBX had positive earnings in the past year.
  • KBX had a positive operating cash flow in the past year.
  • KBX had positive earnings in each of the past 5 years.
  • 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

  • Looking at the Return On Assets, with a value of 4.95%, KBX is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 14.36%, KBX is in the better half of the industry, outperforming 77.68% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 10.46%, KBX belongs to the best of the industry, outperforming 82.14% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for KBX is above the industry average of 8.91%.
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

  • Looking at the Profit Margin, with a value of 5.56%, KBX is in the better half of the industry, outperforming 63.39% of the companies in the same industry.
  • KBX's Profit Margin has declined in the last couple of years.
  • The Operating Margin of KBX (11.08%) is better than 73.21% of its industry peers.
  • In the last couple of years the Operating Margin of KBX has declined.
  • KBX has a better Gross Margin (54.67%) than 74.11% 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

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KBX is creating some value.
  • The number of shares outstanding for KBX remains at a similar level compared to 1 year ago.
  • KBX has about the same amout of shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, KBX has a worse debt to assets ratio.
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 3.79. This indicates that KBX is financially healthy and has little risk of bankruptcy at the moment.
  • KBX has a Altman-Z score of 3.79. This is in the better half of the industry: KBX outperforms 78.57% of its industry peers.
  • The Debt to FCF ratio of KBX is 3.91, which is a good value as it means it would take KBX, 3.91 years of fcf income to pay off all of its debts.
  • KBX has a better Debt to FCF ratio (3.91) than 63.39% of its industry peers.
  • A Debt/Equity ratio of 0.82 indicates that KBX is somewhat dependend on debt financing.
  • The Debt to Equity ratio of KBX (0.82) is worse than 71.43% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 3.91
Altman-Z 3.79
ROIC/WACC1.52
WACC6.88%
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

  • KBX has a Current Ratio of 1.84. This is a normal value and indicates that KBX is financially healthy and should not expect problems in meeting its short term obligations.
  • KBX has a Current ratio of 1.84. This is in the better half of the industry: KBX outperforms 61.61% 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's Quick ratio of 1.36 is fine compared to the rest of the industry. KBX outperforms 73.21% 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

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • KBX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.50%.
  • 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.
  • The Revenue is expected to grow by 4.11% on average over the next years.
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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 38.94 indicates a quite expensive valuation of KBX.
  • Compared to the rest of the industry, the Price/Earnings ratio of KBX indicates a slightly more expensive valuation: KBX is more expensive than 62.50% of the companies listed in the same industry.
  • KBX is valuated rather expensively when we compare the Price/Earnings ratio to 28.25, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 22.92, which indicates a rather expensive current valuation of KBX.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of KBX indicates a slightly more expensive valuation: KBX is more expensive than 60.71% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.50, KBX is valued at the same level.
Industry RankSector Rank
PE 38.94
Fwd PE 22.92
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

  • Based on the Enterprise Value to EBITDA ratio, KBX is valued a bit more expensive than 63.39% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as KBX.
Industry RankSector Rank
P/FCF 21.16
EV/EBITDA 14.57
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.
  • KBX's earnings are expected to grow with 23.39% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.11
PEG (5Y)N/A
EPS Next 2Y28.69%
EPS Next 3Y23.39%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • KBX has a Yearly Dividend Yield of 1.78%.
  • KBX's Dividend Yield is a higher than the industry average which is at 1.53.
  • KBX's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.78%

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

  • KBX pays out 64.74% of its income as dividend. 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

More info and screens

Find the best dividend stocksShow peers with best dividend

KNORR-BREMSE AG

FRA:KBX (2/5/2026, 5:29:56 PM)

105.15

-0.05 (-0.05%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)10-30
Earnings (Next)02-19
Inst Owners28.51%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap16.95B
Revenue(TTM)7.83B
Net Income(TTM)434.99M
Analysts77.27
Price Target100.34 (-4.57%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.78%
Yearly Dividend1.64
Dividend Growth(5Y)-1.32%
DP64.74%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.2%
Min EPS beat(2)-5.76%
Max EPS beat(2)-2.65%
EPS beat(4)0
Avg EPS beat(4)-24.89%
Min EPS beat(4)-81.09%
Max EPS beat(4)-2.65%
EPS beat(8)2
Avg EPS beat(8)-12.5%
EPS beat(12)2
Avg EPS beat(12)-12.52%
EPS beat(16)5
Avg EPS beat(16)-8.33%
Revenue beat(2)0
Avg Revenue beat(2)-2.87%
Min Revenue beat(2)-3.93%
Max Revenue beat(2)-1.82%
Revenue beat(4)0
Avg Revenue beat(4)-2.66%
Min Revenue beat(4)-3.93%
Max Revenue beat(4)-1.76%
Revenue beat(8)1
Avg Revenue beat(8)-1.34%
Revenue beat(12)5
Avg Revenue beat(12)0.03%
Revenue beat(16)7
Avg Revenue beat(16)0.03%
PT rev (1m)2.54%
PT rev (3m)9.53%
EPS NQ rev (1m)9.24%
EPS NQ rev (3m)-10.23%
EPS NY rev (1m)0.54%
EPS NY rev (3m)-3.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.45%
Valuation
Industry RankSector Rank
PE 38.94
Fwd PE 22.92
P/S 2.17
P/FCF 21.16
P/OCF 15.15
P/B 5.6
P/tB 13.11
EV/EBITDA 14.57
EPS(TTM)2.7
EY2.57%
EPS(NY)4.59
Fwd EY4.36%
FCF(TTM)4.97
FCFY4.73%
OCF(TTM)6.94
OCFY6.6%
SpS48.54
BVpS18.79
TBVpS8.02
PEG (NY)1.11
PEG (5Y)N/A
Graham Number33.79
Profitability
Industry RankSector Rank
ROA 4.95%
ROE 14.36%
ROCE 14.09%
ROIC 10.46%
ROICexc 13.89%
ROICexgc 22.21%
OM 11.08%
PM (TTM) 5.56%
GM 54.67%
FCFM 10.24%
ROA(3y)5.8%
ROA(5y)6.55%
ROE(3y)17.71%
ROE(5y)21.38%
ROIC(3y)11%
ROIC(5y)12.85%
ROICexc(3y)15.77%
ROICexc(5y)21.91%
ROICexgc(3y)25.92%
ROICexgc(5y)40.47%
ROCE(3y)14.82%
ROCE(5y)17.3%
ROICexgc growth 3Y-1.52%
ROICexgc growth 5Y-9.53%
ROICexc growth 3Y-8.39%
ROICexc growth 5Y-12.76%
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%
F-Score6
Asset Turnover0.89
Health
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 3.91
Debt/EBITDA 1.96
Cap/Depr 79.52%
Cap/Sales 4.06%
Interest Coverage 9.65
Cash Conversion 88.36%
Profit Quality 184.19%
Current Ratio 1.84
Quick Ratio 1.36
Altman-Z 3.79
F-Score6
WACC6.88%
ROIC/WACC1.52
Cap/Depr(3y)101.22%
Cap/Depr(5y)112.66%
Cap/Sales(3y)4.68%
Cap/Sales(5y)5.16%
Profit Quality(3y)97.69%
Profit Quality(5y)104.5%
High Growth Momentum
Growth
EPS 1Y (TTM)-29.5%
EPS 3Y-10.55%
EPS 5Y-5.37%
EPS Q2Q%9.88%
EPS Next Y35.12%
EPS Next 2Y28.69%
EPS Next 3Y23.39%
EPS Next 5Y16.97%
Revenue 1Y (TTM)-1.77%
Revenue growth 3Y5.54%
Revenue growth 5Y2.59%
Sales Q2Q%-1.45%
Revenue Next Year-1.4%
Revenue Next 2Y1.88%
Revenue Next 3Y3.23%
Revenue Next 5Y4.11%
EBIT growth 1Y-7.94%
EBIT growth 3Y-0.24%
EBIT growth 5Y-3.55%
EBIT Next Year41.62%
EBIT Next 3Y20.74%
EBIT Next 5Y12.35%
FCF growth 1Y60.21%
FCF growth 3Y6.27%
FCF growth 5Y0.85%
OCF growth 1Y31.93%
OCF growth 3Y2.22%
OCF growth 5Y1.13%

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 2 / 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%.