KNORR-BREMSE AG (KBX.DE) Fundamental Analysis & Valuation
FRA:KBX • DE000KBX1006
Current stock price
99.8 EUR
+0.1 (+0.1%)
Last:
This KBX.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. KBX.DE Profitability Analysis
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.
- KBX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- KBX has a Return On Assets of 6.01%. This is in the better half of the industry: KBX outperforms 79.80% of its industry peers.
- KBX has a Return On Equity of 17.20%. This is amongst the best in the industry. KBX outperforms 86.87% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 10.37%, KBX belongs to the top of the industry, outperforming 86.87% of the companies in the same industry.
- KBX had an Average Return On Invested Capital over the past 3 years of 10.78%. This is above the industry average of 7.88%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.01% | ||
| ROE | 17.2% | ||
| ROIC | 10.37% |
ROA(3y)5.78%
ROA(5y)6.41%
ROE(3y)17.1%
ROE(5y)19.4%
ROIC(3y)10.78%
ROIC(5y)11.4%
1.3 Margins
- KBX has a better Profit Margin (6.83%) than 76.77% of its industry peers.
- KBX's Profit Margin has declined in the last couple of years.
- With an excellent Operating Margin value of 11.55%, KBX belongs to the best of the industry, outperforming 80.81% 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 (54.88%) than 75.76% of its industry peers.
- KBX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.55% | ||
| PM (TTM) | 6.83% | ||
| GM | 54.88% |
OM growth 3Y3.57%
OM growth 5Y-3.25%
PM growth 3Y0.05%
PM growth 5Y-3.23%
GM growth 3Y3.68%
GM growth 5Y0.72%
2. KBX.DE Health Analysis
2.1 Basic Checks
- KBX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- KBX has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, KBX has about the same amount of shares outstanding.
- The debt/assets ratio for KBX has been reduced compared to a year ago.
2.2 Solvency
- KBX has an Altman-Z score of 3.70. This indicates that KBX is financially healthy and has little risk of bankruptcy at the moment.
- KBX has a Altman-Z score of 3.70. This is amongst the best in the industry. KBX outperforms 80.81% of its industry peers.
- The Debt to FCF ratio of KBX is 3.93, which is a good value as it means it would take KBX, 3.93 years of fcf income to pay off all of its debts.
- KBX has a Debt to FCF ratio of 3.93. This is in the better half of the industry: KBX outperforms 62.63% of its industry peers.
- A Debt/Equity ratio of 0.80 indicates that KBX is somewhat dependend on debt financing.
- KBX's Debt to Equity ratio of 0.80 is on the low side compared to the rest of the industry. KBX is outperformed by 71.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 3.93 | ||
| Altman-Z | 3.7 |
ROIC/WACC1.55
WACC6.68%
2.3 Liquidity
- KBX has a Current Ratio of 1.87. This is a normal value and indicates that KBX is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of KBX (1.87) is better than 64.65% of its industry peers.
- KBX has a Quick Ratio of 1.46. 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 better Quick ratio (1.46) than 76.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.46 |
3. KBX.DE Growth Analysis
3.1 Past
- KBX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.22%, which is quite impressive.
- KBX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
- KBX shows a decrease in Revenue. In the last year, the revenue decreased by -0.84%.
- Measured over the past years, KBX shows a small growth in Revenue. The Revenue has been growing by 4.89% on average per year.
EPS 1Y (TTM)20.22%
EPS 3Y3.31%
EPS 5Y1.64%
EPS Q2Q%572.73%
Revenue 1Y (TTM)-0.84%
Revenue growth 3Y3.02%
Revenue growth 5Y4.89%
Sales Q2Q%-0.44%
3.2 Future
- The Earnings Per Share is expected to grow by 19.94% on average over the next years. This is quite good.
- Based on estimates for the next years, KBX will show a small growth in Revenue. The Revenue will grow by 5.48% on average per year.
EPS Next Y36.03%
EPS Next 2Y26.6%
EPS Next 3Y19.94%
EPS Next 5YN/A
Revenue Next Year5.56%
Revenue Next 2Y5.79%
Revenue Next 3Y5.55%
Revenue Next 5Y5.48%
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 stable: in the next years the growth will be about the same than in the last years.
4. KBX.DE Valuation Analysis
4.1 Price/Earnings Ratio
- KBX is valuated quite expensively with a Price/Earnings ratio of 29.97.
- The rest of the industry has a similar Price/Earnings ratio as KBX.
- KBX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.15.
- A Price/Forward Earnings ratio of 22.03 indicates a rather expensive valuation of KBX.
- The rest of the industry has a similar Price/Forward Earnings ratio as KBX.
- Compared to an average S&P500 Price/Forward Earnings ratio of 22.12, KBX is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.97 | ||
| Fwd PE | 22.03 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, KBX is valued a bit more expensive than 63.64% of the companies in the same industry.
- KBX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.49 | ||
| EV/EBITDA | 13.26 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of KBX may justify a higher PE ratio.
- KBX's earnings are expected to grow with 19.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.83
PEG (5Y)18.28
EPS Next 2Y26.6%
EPS Next 3Y19.94%
5. KBX.DE Dividend Analysis
5.1 Amount
- KBX has a Yearly Dividend Yield of 1.89%.
- Compared to an average industry Dividend Yield of 1.39, KBX pays a bit more dividend than its industry peers.
- KBX's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
5.2 History
- The dividend of KBX decreases each year by -0.57%.
Dividend Growth(5Y)-0.57%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
- 52.81% of the earnings are spent on dividend by KBX. This is a bit on the high side, but may be sustainable.
DP52.81%
EPS Next 2Y26.6%
EPS Next 3Y19.94%
KBX.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:KBX (4/28/2026, 10:50:28 AM)
99.8
+0.1 (+0.1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-19 2026-02-19/bmo
Earnings (Next)05-07 2026-05-07
Inst Owners27.42%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap16.09B
Revenue(TTM)7.82B
Net Income(TTM)534.00M
Analysts76.19
Price Target114.5 (14.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
Yearly Dividend1.75
Dividend Growth(5Y)-0.57%
DP52.81%
Div Incr Years2
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.95%
Min EPS beat(2)-18.14%
Max EPS beat(2)-5.76%
EPS beat(4)0
Avg EPS beat(4)-9.15%
Min EPS beat(4)-18.14%
Max EPS beat(4)-2.65%
EPS beat(8)1
Avg EPS beat(8)-15.24%
EPS beat(12)2
Avg EPS beat(12)-12.24%
EPS beat(16)4
Avg EPS beat(16)-10.49%
Revenue beat(2)1
Avg Revenue beat(2)-1.61%
Min Revenue beat(2)-3.93%
Max Revenue beat(2)0.7%
Revenue beat(4)1
Avg Revenue beat(4)-1.7%
Min Revenue beat(4)-3.93%
Max Revenue beat(4)0.7%
Revenue beat(8)1
Avg Revenue beat(8)-1.64%
Revenue beat(12)5
Avg Revenue beat(12)-0.18%
Revenue beat(16)8
Avg Revenue beat(16)0.09%
PT rev (1m)3.4%
PT rev (3m)14.1%
EPS NQ rev (1m)-6.68%
EPS NQ rev (3m)-1.7%
EPS NY rev (1m)-2.02%
EPS NY rev (3m)-1.25%
Revenue NQ rev (1m)-1.18%
Revenue NQ rev (3m)-0.45%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.97 | ||
| Fwd PE | 22.03 | ||
| P/S | 2.06 | ||
| P/FCF | 20.49 | ||
| P/OCF | 14.42 | ||
| P/B | 5.18 | ||
| P/tB | 11.62 | ||
| EV/EBITDA | 13.26 |
EPS(TTM)3.33
EY3.34%
EPS(NY)4.53
Fwd EY4.54%
FCF(TTM)4.87
FCFY4.88%
OCF(TTM)6.92
OCFY6.94%
SpS48.49
BVpS19.26
TBVpS8.59
PEG (NY)0.83
PEG (5Y)18.28
Graham Number37.9832 (-61.94%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.01% | ||
| ROE | 17.2% | ||
| ROCE | 14.42% | ||
| ROIC | 10.37% | ||
| ROICexc | 14.83% | ||
| ROICexgc | 24.42% | ||
| OM | 11.55% | ||
| PM (TTM) | 6.83% | ||
| GM | 54.88% | ||
| FCFM | 10.04% |
ROA(3y)5.78%
ROA(5y)6.41%
ROE(3y)17.1%
ROE(5y)19.4%
ROIC(3y)10.78%
ROIC(5y)11.4%
ROICexc(3y)15.65%
ROICexc(5y)16.44%
ROICexgc(3y)26.3%
ROICexgc(5y)26.38%
ROCE(3y)14.99%
ROCE(5y)15.85%
ROICexgc growth 3Y5.36%
ROICexgc growth 5Y-22.44%
ROICexc growth 3Y2.66%
ROICexc growth 5Y-17.23%
OM growth 3Y3.57%
OM growth 5Y-3.25%
PM growth 3Y0.05%
PM growth 5Y-3.23%
GM growth 3Y3.68%
GM growth 5Y0.72%
F-Score7
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 3.93 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 85.09% | ||
| Cap/Sales | 4.23% | ||
| Interest Coverage | 9.92 | ||
| Cash Conversion | 86.38% | ||
| Profit Quality | 147% | ||
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z | 3.7 |
F-Score7
WACC6.68%
ROIC/WACC1.55
Cap/Depr(3y)93.39%
Cap/Depr(5y)104.99%
Cap/Sales(3y)4.45%
Cap/Sales(5y)4.84%
Profit Quality(3y)133.74%
Profit Quality(5y)106.68%
High Growth Momentum
Growth
EPS 1Y (TTM)20.22%
EPS 3Y3.31%
EPS 5Y1.64%
EPS Q2Q%572.73%
EPS Next Y36.03%
EPS Next 2Y26.6%
EPS Next 3Y19.94%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.84%
Revenue growth 3Y3.02%
Revenue growth 5Y4.89%
Sales Q2Q%-0.44%
Revenue Next Year5.56%
Revenue Next 2Y5.79%
Revenue Next 3Y5.55%
Revenue Next 5Y5.48%
EBIT growth 1Y-0.82%
EBIT growth 3Y6.69%
EBIT growth 5Y1.48%
EBIT Next Year59.47%
EBIT Next 3Y24.04%
EBIT Next 5Y13.74%
FCF growth 1Y12.79%
FCF growth 3Y60.63%
FCF growth 5Y3.09%
OCF growth 1Y7.1%
OCF growth 3Y27.25%
OCF growth 5Y1.5%
KNORR-BREMSE AG / KBX.DE Fundamental Analysis 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 for KBX stock?
ChartMill assigns a valuation rating of 3 / 10 to KNORR-BREMSE AG (KBX.DE). This can be considered as Overvalued.
Can you provide the profitability details for KNORR-BREMSE AG?
KNORR-BREMSE AG (KBX.DE) has a profitability rating of 7 / 10.
What are the PE and PB ratios of KNORR-BREMSE AG (KBX.DE) stock?
The Price/Earnings (PE) ratio for KNORR-BREMSE AG (KBX.DE) is 29.97 and the Price/Book (PB) ratio is 5.18.
What is the expected EPS growth for KNORR-BREMSE AG (KBX.DE) stock?
The Earnings per Share (EPS) of KNORR-BREMSE AG (KBX.DE) is expected to grow by 36.03% in the next year.