KONINKLIJKE KPN NV (KPN.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:KPN - NL0000009082 - Common Stock
3.976 EUR
+0 (+0.05%)
KPN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 33 industry peers in the Diversified Telecommunication Services industry. While KPN belongs to the best of the industry regarding profitability, there are concerns on its financial health. KPN is valied quite expensively at the moment, while it does show a decent growth rate. Finally KPN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
KPN had positive earnings in the past year.
In the past year KPN had a positive cash flow from operations.
Each year in the past 5 years KPN has been profitable.
In the past 5 years KPN always reported a positive cash flow from operatings.
1.2 Ratios
KPN has a Return On Assets of 6.43%. This is amongst the best in the industry. KPN outperforms 87.88% of its industry peers.
KPN has a Return On Equity of 23.51%. This is amongst the best in the industry. KPN outperforms 87.88% of its industry peers.
With an excellent Return On Invested Capital value of 10.05%, KPN belongs to the best of the industry, outperforming 87.88% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KPN is above the industry average of 7.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.43% | ||
| ROE | 23.51% | ||
| ROIC | 10.05% |
ROA(3y)6.38%
ROA(5y)6.75%
ROE(3y)21.85%
ROE(5y)25.23%
ROIC(3y)10.15%
ROIC(5y)9.14%
1.3 Margins
With a decent Profit Margin value of 14.24%, KPN is doing good in the industry, outperforming 78.79% of the companies in the same industry.
KPN's Profit Margin has improved in the last couple of years.
The Operating Margin of KPN (25.11%) is better than 90.91% of its industry peers.
KPN's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 78.55%, KPN belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
In the last couple of years the Gross Margin of KPN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.11% | ||
| PM (TTM) | 14.24% | ||
| GM | 78.55% |
OM growth 3Y7.85%
OM growth 5Y7.45%
PM growth 3Y-16.33%
PM growth 5Y4.6%
GM growth 3Y1.42%
GM growth 5Y0.59%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KPN is creating some value.
The number of shares outstanding for KPN has been reduced compared to 1 year ago.
KPN has less shares outstanding than it did 5 years ago.
The debt/assets ratio for KPN is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.21, we must say that KPN is in the distress zone and has some risk of bankruptcy.
KPN's Altman-Z score of 1.21 is fine compared to the rest of the industry. KPN outperforms 63.64% of its industry peers.
KPN has a debt to FCF ratio of 7.79. This is a slightly negative value and a sign of low solvency as KPN would need 7.79 years to pay back of all of its debts.
KPN has a Debt to FCF ratio (7.79) which is in line with its industry peers.
KPN has a Debt/Equity ratio of 2.03. This is a high value indicating a heavy dependency on external financing.
KPN has a worse Debt to Equity ratio (2.03) than 75.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | 7.79 | ||
| Altman-Z | 1.21 |
ROIC/WACC1.69
WACC5.96%
2.3 Liquidity
A Current Ratio of 0.72 indicates that KPN may have some problems paying its short term obligations.
KPN has a Current ratio of 0.72. This is comparable to the rest of the industry: KPN outperforms 51.52% of its industry peers.
KPN has a Quick Ratio of 0.72. This is a bad value and indicates that KPN is not financially healthy enough and could expect problems in meeting its short term obligations.
KPN has a Quick ratio (0.70) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
KPN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
The Earnings Per Share has been growing slightly by 6.54% on average over the past years.
KPN shows a small growth in Revenue. In the last year, the Revenue has grown by 3.00%.
Measured over the past years, KPN shows a small growth in Revenue. The Revenue has been growing by 0.42% on average per year.
EPS 1Y (TTM)0%
EPS 3Y-8.8%
EPS 5Y6.54%
EPS Q2Q%0%
Revenue 1Y (TTM)3%
Revenue growth 3Y2.15%
Revenue growth 5Y0.42%
Sales Q2Q%2.46%
3.2 Future
The Earnings Per Share is expected to grow by 8.68% on average over the next years. This is quite good.
The Revenue is expected to grow by 1.60% on average over the next years.
EPS Next Y3.67%
EPS Next 2Y8.82%
EPS Next 3Y7.59%
EPS Next 5Y8.68%
Revenue Next Year3.45%
Revenue Next 2Y2.6%
Revenue Next 3Y2.44%
Revenue Next 5Y1.6%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 18.93, the valuation of KPN can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of KPN is on the same level as its industry peers.
When comparing the Price/Earnings ratio of KPN to the average of the S&P500 Index (26.51), we can say KPN is valued slightly cheaper.
The Price/Forward Earnings ratio is 15.26, which indicates a correct valuation of KPN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KPN is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, KPN is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.93 | ||
| Fwd PE | 15.26 |
4.2 Price Multiples
KPN's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. KPN is more expensive than 63.64% of the companies in the same industry.
60.61% of the companies in the same industry are cheaper than KPN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.95 | ||
| EV/EBITDA | 7.96 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of KPN may justify a higher PE ratio.
PEG (NY)5.16
PEG (5Y)2.89
EPS Next 2Y8.82%
EPS Next 3Y7.59%
5. Dividend
5.1 Amount
KPN has a Yearly Dividend Yield of 4.43%, which is a nice return.
Compared to an average industry Dividend Yield of 3.32, KPN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, KPN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.43% |
5.2 History
On average, the dividend of KPN grows each year by 6.22%, which is quite nice.
Dividend Growth(5Y)6.22%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
82.58% of the earnings are spent on dividend by KPN. This is not a sustainable payout ratio.
The dividend of KPN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP82.58%
EPS Next 2Y8.82%
EPS Next 3Y7.59%
AMS:KPN (12/31/2025, 7:00:00 PM)
3.976
+0 (+0.05%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners69.15%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap15.22B
Revenue(TTM)5.60B
Net Income(TTM)798.00M
Analysts72.5
Price Target4.47 (12.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.43% |
Yearly Dividend0.17
Dividend Growth(5Y)6.22%
DP82.58%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-24.07%
Min EPS beat(2)-27.99%
Max EPS beat(2)-20.15%
EPS beat(4)2
Avg EPS beat(4)-7.86%
Min EPS beat(4)-27.99%
Max EPS beat(4)10.01%
EPS beat(8)5
Avg EPS beat(8)-3.21%
EPS beat(12)9
Avg EPS beat(12)4.15%
EPS beat(16)13
Avg EPS beat(16)9.26%
Revenue beat(2)1
Avg Revenue beat(2)0.41%
Min Revenue beat(2)-0.91%
Max Revenue beat(2)1.73%
Revenue beat(4)2
Avg Revenue beat(4)-0.05%
Min Revenue beat(4)-1.16%
Max Revenue beat(4)1.73%
Revenue beat(8)3
Avg Revenue beat(8)-0.1%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.41%
PT rev (3m)3.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.35%
EPS NY rev (1m)-0.33%
EPS NY rev (3m)0.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.93 | ||
| Fwd PE | 15.26 | ||
| P/S | 2.72 | ||
| P/FCF | 16.95 | ||
| P/OCF | 7.03 | ||
| P/B | 4.48 | ||
| P/tB | 63.94 | ||
| EV/EBITDA | 7.96 |
EPS(TTM)0.21
EY5.28%
EPS(NY)0.26
Fwd EY6.55%
FCF(TTM)0.23
FCFY5.9%
OCF(TTM)0.57
OCFY14.22%
SpS1.46
BVpS0.89
TBVpS0.06
PEG (NY)5.16
PEG (5Y)2.89
Graham Number2.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.43% | ||
| ROE | 23.51% | ||
| ROCE | 12.99% | ||
| ROIC | 10.05% | ||
| ROICexc | 10.4% | ||
| ROICexgc | 14.86% | ||
| OM | 25.11% | ||
| PM (TTM) | 14.24% | ||
| GM | 78.55% | ||
| FCFM | 16.03% |
ROA(3y)6.38%
ROA(5y)6.75%
ROE(3y)21.85%
ROE(5y)25.23%
ROIC(3y)10.15%
ROIC(5y)9.14%
ROICexc(3y)10.93%
ROICexc(5y)9.93%
ROICexgc(3y)15.72%
ROICexgc(5y)14.55%
ROCE(3y)13.12%
ROCE(5y)11.8%
ROICexgc growth 3Y10.82%
ROICexgc growth 5Y5.54%
ROICexc growth 3Y10.74%
ROICexc growth 5Y6.37%
OM growth 3Y7.85%
OM growth 5Y7.45%
PM growth 3Y-16.33%
PM growth 5Y4.6%
GM growth 3Y1.42%
GM growth 5Y0.59%
F-Score8
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | 7.79 | ||
| Debt/EBITDA | 2.52 | ||
| Cap/Depr | 95.84% | ||
| Cap/Sales | 22.6% | ||
| Interest Coverage | 4.94 | ||
| Cash Conversion | 79.33% | ||
| Profit Quality | 112.53% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 1.21 |
F-Score8
WACC5.96%
ROIC/WACC1.69
Cap/Depr(3y)99.71%
Cap/Depr(5y)96.69%
Cap/Sales(3y)23.04%
Cap/Sales(5y)24.4%
Profit Quality(3y)124.87%
Profit Quality(5y)106.46%
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y-8.8%
EPS 5Y6.54%
EPS Q2Q%0%
EPS Next Y3.67%
EPS Next 2Y8.82%
EPS Next 3Y7.59%
EPS Next 5Y8.68%
Revenue 1Y (TTM)3%
Revenue growth 3Y2.15%
Revenue growth 5Y0.42%
Sales Q2Q%2.46%
Revenue Next Year3.45%
Revenue Next 2Y2.6%
Revenue Next 3Y2.44%
Revenue Next 5Y1.6%
EBIT growth 1Y3.53%
EBIT growth 3Y10.18%
EBIT growth 5Y7.9%
EBIT Next Year94.99%
EBIT Next 3Y27.05%
EBIT Next 5Y18.74%
FCF growth 1Y-3.96%
FCF growth 3Y1.56%
FCF growth 5Y1.25%
OCF growth 1Y-0.96%
OCF growth 3Y2.1%
OCF growth 5Y2.44%
KONINKLIJKE KPN NV / KPN.AS FAQ
Can you provide the ChartMill fundamental rating for KONINKLIJKE KPN NV?
ChartMill assigns a fundamental rating of 5 / 10 to KPN.AS.
What is the valuation status of KONINKLIJKE KPN NV (KPN.AS) stock?
ChartMill assigns a valuation rating of 3 / 10 to KONINKLIJKE KPN NV (KPN.AS). This can be considered as Overvalued.
How profitable is KONINKLIJKE KPN NV (KPN.AS) stock?
KONINKLIJKE KPN NV (KPN.AS) has a profitability rating of 8 / 10.
How financially healthy is KONINKLIJKE KPN NV?
The financial health rating of KONINKLIJKE KPN NV (KPN.AS) is 3 / 10.
What is the expected EPS growth for KONINKLIJKE KPN NV (KPN.AS) stock?
The Earnings per Share (EPS) of KONINKLIJKE KPN NV (KPN.AS) is expected to grow by 3.67% in the next year.