KNORR-BREMSE AG (KBX.DE) Stock Fundamental Analysis
FRA:KBX - Deutsche Boerse Ag - DE000KBX1006 - Common Stock - Currency: EUR
Taking everything into account, KBX scores 5 out of 10 in our fundamental rating. KBX was compared to 108 industry peers in the Machinery industry. KBX has only an average score on both its financial health and profitability. KBX is not valued too expensively and it also shows a decent growth rate.
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.
In the past 5 years KBX always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 4.37%, KBX is doing good in the industry, outperforming 67.92% of the companies in the same industry.
KBX's Return On Equity of 13.60% is amongst the best of the industry. KBX outperforms 81.13% of its industry peers.
KBX has a better Return On Invested Capital (10.31%) than 79.25% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KBX is above the industry average of 8.48%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.37% | ||
| ROE | 13.6% | ||
| ROIC | 10.31% |
ROA(3y)5.8%
ROA(5y)6.55%
ROE(3y)17.71%
ROE(5y)21.38%
ROIC(3y)11%
ROIC(5y)12.85%
1.3 Margins
The Profit Margin of KBX (5.41%) is better than 66.04% of its industry peers.
KBX's Profit Margin has declined in the last couple of years.
KBX has a better Operating Margin (11.15%) than 79.25% of its industry peers.
In the last couple of years the Operating Margin of KBX has declined.
The Gross Margin of KBX (54.20%) is better than 73.58% of its industry peers.
KBX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.15% | ||
| PM (TTM) | 5.41% | ||
| GM | 54.2% |
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%
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.
KBX has about the same amout of shares outstanding than it did 1 year ago.
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.
2.2 Solvency
KBX has an Altman-Z score of 3.08. This indicates that KBX is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.08, KBX is in the better half of the industry, outperforming 74.53% of the companies in the same industry.
The Debt to FCF ratio of KBX is 4.77, which is a neutral value as it means it would take KBX, 4.77 years of fcf income to pay off all of its debts.
KBX's Debt to FCF ratio of 4.77 is fine compared to the rest of the industry. KBX outperforms 63.21% of its industry peers.
KBX has a Debt/Equity ratio of 0.80. This is a neutral value indicating KBX is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.80, KBX is doing worse than 72.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 4.77 | ||
| Altman-Z | 3.08 |
ROIC/WACC1.65
WACC6.24%
2.3 Liquidity
A Current Ratio of 1.66 indicates that KBX should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.66, KBX is in line with its industry, outperforming 53.77% of the companies in the same industry.
A Quick Ratio of 1.28 indicates that KBX should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.28, KBX is doing good in the industry, outperforming 69.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
KBX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.12%.
The Earnings Per Share has been decreasing by -5.37% on average over the past years.
The Revenue has decreased by -1.57% in the past year.
The Revenue has been growing slightly by 2.59% on average over the past years.
EPS 1Y (TTM)-27.12%
EPS 3Y-10.55%
EPS 5Y-5.37%
EPS Q2Q%-11.58%
Revenue 1Y (TTM)-1.57%
Revenue growth 3Y5.54%
Revenue growth 5Y2.59%
Sales Q2Q%0.55%
3.2 Future
Based on estimates for the next years, KBX will show a very strong growth in Earnings Per Share. The EPS will grow by 24.70% on average per year.
Based on estimates for the next years, KBX will show a small growth in Revenue. The Revenue will grow by 4.07% on average per year.
EPS Next Y53.02%
EPS Next 2Y32.4%
EPS Next 3Y24.7%
EPS Next 5YN/A
Revenue Next Year2.75%
Revenue Next 2Y3.85%
Revenue Next 3Y4.23%
Revenue Next 5Y4.07%
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 accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 32.05, KBX can be considered very expensive at the moment.
KBX's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.30. KBX is around the same levels.
With a Price/Forward Earnings ratio of 17.56, KBX is valued on the expensive side.
KBX's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 21.76. KBX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.05 | ||
| Fwd PE | 17.56 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KBX is valued a bit more expensive than the industry average as 63.21% of the companies are valued more cheaply.
KBX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KBX is cheaper than 64.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.56 | ||
| EV/EBITDA | 11.93 |
4.3 Compensation for Growth
KBX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap 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 24.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.6
PEG (5Y)N/A
EPS Next 2Y32.4%
EPS Next 3Y24.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.03%, KBX has a reasonable but not impressive dividend return.
KBX's Dividend Yield is a higher than the industry average which is at 2.77.
KBX's Dividend Yield is comparable with the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
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
5.3 Sustainability
KBX pays out 61.98% of its income as dividend. This is not a sustainable payout ratio.
DP61.98%
EPS Next 2Y32.4%
EPS Next 3Y24.7%
FRA:KBX (7/11/2025, 7:00:00 PM)
85.25
-1.15 (-1.33%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners26.38%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap13.74B
Analysts69.52
Price Target88.74 (4.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
Yearly Dividend1.64
Dividend Growth(5Y)-1.32%
DP61.98%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-45.57%
Min EPS beat(2)-81.09%
Max EPS beat(2)-10.05%
EPS beat(4)0
Avg EPS beat(4)-25.9%
Min EPS beat(4)-81.09%
Max EPS beat(4)-1.83%
EPS beat(8)2
Avg EPS beat(8)-14.63%
EPS beat(12)3
Avg EPS beat(12)-12.03%
EPS beat(16)7
Avg EPS beat(16)-6.72%
Revenue beat(2)0
Avg Revenue beat(2)-2.45%
Min Revenue beat(2)-3.14%
Max Revenue beat(2)-1.76%
Revenue beat(4)0
Avg Revenue beat(4)-1.5%
Min Revenue beat(4)-3.14%
Max Revenue beat(4)0%
Revenue beat(8)3
Avg Revenue beat(8)-0.03%
Revenue beat(12)6
Avg Revenue beat(12)0.42%
Revenue beat(16)8
Avg Revenue beat(16)0.25%
PT rev (1m)-0.25%
PT rev (3m)2.96%
EPS NQ rev (1m)-12.74%
EPS NQ rev (3m)-19.54%
EPS NY rev (1m)0%
EPS NY rev (3m)0.14%
Revenue NQ rev (1m)-0.29%
Revenue NQ rev (3m)-2.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.05 | ||
| Fwd PE | 17.56 | ||
| P/S | 1.75 | ||
| P/FCF | 16.56 | ||
| P/OCF | 11.89 | ||
| P/B | 4.39 | ||
| P/tB | 10.22 | ||
| EV/EBITDA | 11.93 |
EPS(TTM)2.66
EY3.12%
EPS(NY)4.86
Fwd EY5.7%
FCF(TTM)5.15
FCFY6.04%
OCF(TTM)7.17
OCFY8.41%
SpS48.8
BVpS19.44
TBVpS8.34
PEG (NY)0.6
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.37% | ||
| ROE | 13.6% | ||
| ROCE | 13.88% | ||
| ROIC | 10.31% | ||
| ROICexc | 16.38% | ||
| ROICexgc | 29.75% | ||
| OM | 11.15% | ||
| PM (TTM) | 5.41% | ||
| GM | 54.2% | ||
| FCFM | 10.55% |
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%
ROICexcg growth 3Y-1.52%
ROICexcg 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-Score5
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 4.77 | ||
| Debt/EBITDA | 1.97 | ||
| Cap/Depr | 80.89% | ||
| Cap/Sales | 4.14% | ||
| Interest Coverage | 14.89 | ||
| Cash Conversion | 90.28% | ||
| Profit Quality | 194.87% | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 3.08 |
F-Score5
WACC6.24%
ROIC/WACC1.65
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)-27.12%
EPS 3Y-10.55%
EPS 5Y-5.37%
EPS Q2Q%-11.58%
EPS Next Y53.02%
EPS Next 2Y32.4%
EPS Next 3Y24.7%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.57%
Revenue growth 3Y5.54%
Revenue growth 5Y2.59%
Sales Q2Q%0.55%
Revenue Next Year2.75%
Revenue Next 2Y3.85%
Revenue Next 3Y4.23%
Revenue Next 5Y4.07%
EBIT growth 1Y-4.28%
EBIT growth 3Y-0.24%
EBIT growth 5Y-3.55%
EBIT Next Year49.83%
EBIT Next 3Y21.63%
EBIT Next 5Y12.48%
FCF growth 1Y242.93%
FCF growth 3Y6.27%
FCF growth 5Y0.85%
OCF growth 1Y94.57%
OCF growth 3Y2.22%
OCF growth 5Y1.13%