KION GROUP AG (KGX.DE) Stock Fundamental Analysis
FRA:KGX - Deutsche Boerse Ag - DE000KGX8881 - Common Stock - Currency: EUR
We assign a fundamental rating of 3 out of 10 to KGX. KGX was compared to 107 industry peers in the Machinery industry. There are concerns on the financial health of KGX while its profitability can be described as average. KGX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
KGX had positive earnings in the past year.
KGX had a positive operating cash flow in the past year.
In the past 5 years KGX has always been profitable.
Of the past 5 years KGX 4 years had a positive operating cash flow.
1.2 Ratios
KGX's Return On Assets of 1.85% is in line compared to the rest of the industry. KGX outperforms 47.52% of its industry peers.
KGX has a Return On Equity of 5.62%. This is comparable to the rest of the industry: KGX outperforms 50.49% of its industry peers.
KGX's Return On Invested Capital of 4.22% is in line compared to the rest of the industry. KGX outperforms 40.59% of its industry peers.
KGX had an Average Return On Invested Capital over the past 3 years of 3.39%. This is below the industry average of 8.38%.
The 3 year average ROIC (3.39%) for KGX is below the current ROIC(4.22%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.85% | ||
| ROE | 5.62% | ||
| ROIC | 4.22% |
ROA(3y)1.98%
ROA(5y)2.15%
ROE(3y)6.01%
ROE(5y)7.16%
ROIC(3y)3.39%
ROIC(5y)3.7%
1.3 Margins
KGX has a Profit Margin (2.88%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of KGX has declined.
KGX's Operating Margin of 6.26% is in line compared to the rest of the industry. KGX outperforms 56.44% of its industry peers.
KGX's Operating Margin has declined in the last couple of years.
KGX has a Gross Margin of 26.14%. This is in the lower half of the industry: KGX underperforms 70.30% of its industry peers.
In the last couple of years the Gross Margin of KGX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.26% | ||
| PM (TTM) | 2.88% | ||
| GM | 26.14% |
OM growth 3Y3.46%
OM growth 5Y-6.47%
PM growth 3Y1.19%
PM growth 5Y-11.77%
GM growth 3Y-0.26%
GM growth 5Y-1.5%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KGX is destroying value.
KGX has about the same amout of shares outstanding than it did 1 year ago.
KGX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, KGX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.15, we must say that KGX is in the distress zone and has some risk of bankruptcy.
KGX has a Altman-Z score of 1.15. This is in the lower half of the industry: KGX underperforms 68.32% of its industry peers.
The Debt to FCF ratio of KGX is 8.12, which is on the high side as it means it would take KGX, 8.12 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of KGX (8.12) is comparable to the rest of the industry.
KGX has a Debt/Equity ratio of 0.71. This is a neutral value indicating KGX is somewhat dependend on debt financing.
The Debt to Equity ratio of KGX (0.71) is worse than 66.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 8.12 | ||
| Altman-Z | 1.15 |
ROIC/WACC0.78
WACC5.38%
2.3 Liquidity
KGX has a Current Ratio of 0.96. This is a bad value and indicates that KGX is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of KGX (0.96) is worse than 92.08% of its industry peers.
A Quick Ratio of 0.60 indicates that KGX may have some problems paying its short term obligations.
KGX has a worse Quick ratio (0.60) than 86.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 51.29% over the past year.
Measured over the past years, KGX shows a decrease in Earnings Per Share. The EPS has been decreasing by -4.19% on average per year.
The Revenue has been growing slightly by 2.51% in the past year.
The Revenue has been growing slightly by 7.42% on average over the past years.
EPS 1Y (TTM)51.29%
EPS 3Y6.99%
EPS 5Y-4.19%
EPS Q2Q%-9.76%
Revenue 1Y (TTM)2.51%
Revenue growth 3Y11.08%
Revenue growth 5Y7.42%
Sales Q2Q%-1.13%
3.2 Future
Based on estimates for the next years, KGX will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.09% on average per year.
The Revenue is expected to grow by 4.26% on average over the next years.
EPS Next Y-11.3%
EPS Next 2Y-3.38%
EPS Next 3Y4.28%
EPS Next 5Y10.09%
Revenue Next Year1.23%
Revenue Next 2Y-0.72%
Revenue Next 3Y1.2%
Revenue Next 5Y4.26%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.31, the valuation of KGX can be described as very reasonable.
86.14% of the companies in the same industry are more expensive than KGX, based on the Price/Earnings ratio.
KGX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.58.
Based on the Price/Forward Earnings ratio of 9.71, the valuation of KGX can be described as reasonable.
KGX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. KGX is cheaper than 70.30% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 95.03. KGX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.31 | ||
| Fwd PE | 9.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGX is valued a bit cheaper than 68.32% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KGX is valued cheaply inside the industry as 85.15% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.62 | ||
| EV/EBITDA | 5.78 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.38%
EPS Next 3Y4.28%
5. Dividend
5.1 Amount
KGX has a Yearly Dividend Yield of 1.96%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.14, KGX pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.28, KGX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
5.2 History
The dividend of KGX decreases each year by -28.03%.
Dividend Growth(5Y)-28.03%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
KGX pays out 27.64% of its income as dividend. This is a sustainable payout ratio.
DP27.64%
EPS Next 2Y-3.38%
EPS Next 3Y4.28%
KION GROUP AG
FRA:KGX (2/5/2025, 5:36:15 PM)
34.08
-1.52 (-4.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners36.86%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.47B
Analysts80
Price Target48.01 (40.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
Yearly Dividend0.19
Dividend Growth(5Y)-28.03%
DP27.64%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.09%
Min EPS beat(2)-9.13%
Max EPS beat(2)21.31%
EPS beat(4)3
Avg EPS beat(4)17.16%
Min EPS beat(4)-9.13%
Max EPS beat(4)48.67%
EPS beat(8)5
Avg EPS beat(8)20.37%
EPS beat(12)9
Avg EPS beat(12)24.34%
EPS beat(16)13
Avg EPS beat(16)26.54%
Revenue beat(2)0
Avg Revenue beat(2)-1.29%
Min Revenue beat(2)-2.17%
Max Revenue beat(2)-0.41%
Revenue beat(4)1
Avg Revenue beat(4)0.06%
Min Revenue beat(4)-2.17%
Max Revenue beat(4)3.09%
Revenue beat(8)4
Avg Revenue beat(8)0.32%
Revenue beat(12)8
Avg Revenue beat(12)1.05%
Revenue beat(16)12
Avg Revenue beat(16)1.37%
PT rev (1m)0%
PT rev (3m)-4.42%
EPS NQ rev (1m)-4%
EPS NQ rev (3m)-6.67%
EPS NY rev (1m)-3.21%
EPS NY rev (3m)-5.59%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)-1.4%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.31 | ||
| Fwd PE | 9.71 | ||
| P/S | 0.39 | ||
| P/FCF | 5.62 | ||
| P/OCF | 3.59 | ||
| P/B | 0.76 | ||
| P/tB | 15.57 | ||
| EV/EBITDA | 5.78 |
EPS(TTM)4.1
EY12.03%
EPS(NY)3.51
Fwd EY10.3%
FCF(TTM)6.06
FCFY17.78%
OCF(TTM)9.49
OCFY27.85%
SpS87.82
BVpS45.04
TBVpS2.19
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.85% | ||
| ROE | 5.62% | ||
| ROCE | 5.82% | ||
| ROIC | 4.22% | ||
| ROICexc | 4.39% | ||
| ROICexgc | 8.32% | ||
| OM | 6.26% | ||
| PM (TTM) | 2.88% | ||
| GM | 26.14% | ||
| FCFM | 6.9% |
ROA(3y)1.98%
ROA(5y)2.15%
ROE(3y)6.01%
ROE(5y)7.16%
ROIC(3y)3.39%
ROIC(5y)3.7%
ROICexc(3y)3.53%
ROICexc(5y)3.86%
ROICexgc(3y)7.42%
ROICexgc(5y)8.74%
ROCE(3y)4.68%
ROCE(5y)5.1%
ROICexcg growth 3Y0.81%
ROICexcg growth 5Y-11.61%
ROICexc growth 3Y7.52%
ROICexc growth 5Y-5.06%
OM growth 3Y3.46%
OM growth 5Y-6.47%
PM growth 3Y1.19%
PM growth 5Y-11.77%
GM growth 3Y-0.26%
GM growth 5Y-1.5%
F-Score5
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 8.12 | ||
| Debt/EBITDA | 2.3 | ||
| Cap/Depr | 40.61% | ||
| Cap/Sales | 3.91% | ||
| Interest Coverage | 2.27 | ||
| Cash Conversion | 68.06% | ||
| Profit Quality | 239.45% | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 1.15 |
F-Score5
WACC5.38%
ROIC/WACC0.78
Cap/Depr(3y)38.19%
Cap/Depr(5y)35.36%
Cap/Sales(3y)3.52%
Cap/Sales(5y)3.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)51.29%
EPS 3Y6.99%
EPS 5Y-4.19%
EPS Q2Q%-9.76%
EPS Next Y-11.3%
EPS Next 2Y-3.38%
EPS Next 3Y4.28%
EPS Next 5Y10.09%
Revenue 1Y (TTM)2.51%
Revenue growth 3Y11.08%
Revenue growth 5Y7.42%
Sales Q2Q%-1.13%
Revenue Next Year1.23%
Revenue Next 2Y-0.72%
Revenue Next 3Y1.2%
Revenue Next 5Y4.26%
EBIT growth 1Y32.85%
EBIT growth 3Y14.92%
EBIT growth 5Y0.46%
EBIT Next Year151.75%
EBIT Next 3Y40.36%
EBIT Next 5Y23.14%
FCF growth 1Y238.44%
FCF growth 3Y42.64%
FCF growth 5Y6.86%
OCF growth 1Y765.63%
OCF growth 3Y29.66%
OCF growth 5Y8.47%