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

FRA:KBX • DE000KBX1006

115.4 EUR
+4.4 (+3.96%)
Last: Feb 20, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Taking everything into account, KBX scores 5 out of 10 in our fundamental rating. KBX was compared to 112 industry peers in the Machinery industry. KBX has only an average score on both its financial health and profitability. 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.
  • In the past year KBX had a positive cash flow from operations.
  • KBX had positive earnings in each of the past 5 years.
  • Each year in the past 5 years KBX had a positive operating cash flow.
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 66.96% of its industry peers.
  • The Return On Equity of KBX (14.36%) is better than 79.46% of its industry peers.
  • KBX has a Return On Invested Capital of 10.46%. This is amongst the best in the industry. KBX outperforms 82.14% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for KBX is above the industry average of 8.74%.
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 64.29% of its industry peers.
  • KBX's Profit Margin has declined in the last couple of years.
  • With a decent Operating Margin value of 11.08%, KBX is doing good in the industry, outperforming 72.32% of the companies in the same industry.
  • In the last couple of years the Operating Margin of KBX has declined.
  • KBX has a better Gross Margin (54.67%) than 71.43% 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

6

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.
  • The debt/assets ratio for KBX is higher compared to a year ago.
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

  • An Altman-Z score of 3.89 indicates that KBX is not in any danger for bankruptcy at the moment.
  • KBX has a better Altman-Z score (3.89) than 81.25% 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.
  • The Debt to FCF ratio of KBX (3.91) is better than 63.39% of its industry peers.
  • KBX has a Debt/Equity ratio of 0.82. This is a neutral value indicating KBX is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.82, KBX is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 3.91
Altman-Z 3.89
ROIC/WACC1.56
WACC6.72%
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.
  • Looking at the Current ratio, with a value of 1.84, KBX is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
  • A Quick Ratio of 1.36 indicates that KBX should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.36, KBX is in the better half of the industry, outperforming 74.11% of the companies in the same industry.
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

  • The earnings per share for KBX have decreased strongly by -29.50% in the last year.
  • Measured over the past years, KBX shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.37% on average per year.
  • 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

  • KBX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.97% yearly.
  • The Revenue is expected to grow by 3.90% 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 5Y3.9%

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

  • Based on the Price/Earnings ratio of 42.74, the valuation of KBX can be described as expensive.
  • 63.39% of the companies in the same industry are cheaper than KBX, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.99. KBX is valued rather expensively when compared to this.
  • A Price/Forward Earnings ratio of 25.16 indicates a quite expensive valuation of KBX.
  • 67.86% of the companies in the same industry are cheaper than KBX, based on the Price/Forward Earnings ratio.
  • KBX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 42.74
Fwd PE 25.16
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 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, KBX is valued a bit more expensive than 65.18% 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 23.22
EV/EBITDA 15.31
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

  • KBX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of KBX 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)1.22
PEG (5Y)N/A
EPS Next 2Y28.69%
EPS Next 3Y23.39%

More info and screens

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

2

5. Dividend

5.1 Amount

  • KBX has a Yearly Dividend Yield of 1.58%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.48, KBX has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.85, KBX has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.58%

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

More info and screens

Find the best dividend stocksShow peers with best dividend

KNORR-BREMSE AG

FRA:KBX (2/20/2026, 7:00:00 PM)

115.4

+4.4 (+3.96%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-19
Earnings (Next)05-07
Inst Owners28.51%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap18.60B
Revenue(TTM)7.83B
Net Income(TTM)434.99M
Analysts72.38
Price Target102.32 (-11.33%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.58%
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)4.56%
PT rev (3m)11.69%
EPS NQ rev (1m)7.83%
EPS NQ rev (3m)-10.5%
EPS NY rev (1m)0.54%
EPS NY rev (3m)-2.7%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)-1.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.43%
Valuation
Industry RankSector Rank
PE 42.74
Fwd PE 25.16
P/S 2.38
P/FCF 23.22
P/OCF 16.63
P/B 6.14
P/tB 14.39
EV/EBITDA 15.31
EPS(TTM)2.7
EY2.34%
EPS(NY)4.59
Fwd EY3.97%
FCF(TTM)4.97
FCFY4.31%
OCF(TTM)6.94
OCFY6.01%
SpS48.54
BVpS18.79
TBVpS8.02
PEG (NY)1.22
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 3.89
F-Score6
WACC6.72%
ROIC/WACC1.56
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 5Y3.9%
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 5Y13.31%
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 2 / 10 and the dividend payout ratio is 64.74%.