KONINKLIJKE KPN NV (KPN.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:KPN - NL0000009082 - Common Stock
3.961 EUR
+0.02 (+0.53%)
KPN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 28 industry peers in the Diversified Telecommunication Services industry. While KPN has a great profitability rating, there are quite some concerns on its financial health. KPN is not valued too expensively and it also shows a decent growth rate. 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.
KPN had positive earnings in each of the past 5 years.
KPN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KPN has a better Return On Assets (6.43%) than 89.29% of its industry peers.
KPN has a Return On Equity of 23.51%. This is amongst the best in the industry. KPN outperforms 89.29% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.05%, KPN belongs to the top of the industry, outperforming 92.86% 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 7.65%.
| 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
The Profit Margin of KPN (14.24%) is better than 85.71% of its industry peers.
KPN's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 25.11%, KPN belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
KPN's Operating Margin has improved in the last couple of years.
The Gross Margin of KPN (78.55%) is better than 85.71% of its industry peers.
KPN's Gross Margin has been stable in the last couple of years.
| 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.
KPN has less shares outstanding than it did 1 year ago.
KPN has less shares outstanding than it did 5 years ago.
KPN has a worse debt/assets ratio than last year.
2.2 Solvency
KPN has an Altman-Z score of 1.21. This is a bad value and indicates that KPN is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.21, KPN is in line with its industry, outperforming 57.14% of the companies in the same industry.
The Debt to FCF ratio of KPN is 7.79, which is on the high side as it means it would take KPN, 7.79 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 7.79, KPN is doing good in the industry, outperforming 60.71% of the companies in the same industry.
KPN has a Debt/Equity ratio of 2.03. This is a high value indicating a heavy dependency on external financing.
KPN has a Debt to Equity ratio of 2.03. This is in the lower half of the industry: KPN underperforms 75.00% 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.
With a Current ratio value of 0.72, KPN perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 0.70 indicates that KPN may have some problems paying its short term obligations.
KPN has a Quick ratio (0.70) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The earnings per share for KPN have decreased by 0.00% in the last year.
KPN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.54% yearly.
Looking at the last year, KPN shows a small growth in Revenue. The Revenue has grown by 3.00% in the last year.
The Revenue has been growing slightly by 0.42% on average over the past years.
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
KPN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.15% yearly.
Based on estimates for the next years, KPN will show a small growth in Revenue. The Revenue will grow by 1.29% on average per year.
EPS Next Y4.01%
EPS Next 2Y7.6%
EPS Next 3Y7.93%
EPS Next 5Y8.15%
Revenue Next Year3.52%
Revenue Next 2Y2.62%
Revenue Next 3Y2.43%
Revenue Next 5Y1.29%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.86, which indicates a rather expensive current valuation of KPN.
Compared to the rest of the industry, the Price/Earnings ratio of KPN indicates a somewhat cheap valuation: KPN is cheaper than 67.86% of the companies listed in the same industry.
KPN is valuated rather cheaply when we compare the Price/Earnings ratio to 25.65, which is the current average of the S&P500 Index.
KPN is valuated correctly with a Price/Forward Earnings ratio of 15.55.
The rest of the industry has a similar Price/Forward Earnings ratio as KPN.
The average S&P500 Price/Forward Earnings ratio is at 34.45. KPN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.86 | ||
| Fwd PE | 15.55 |
4.2 Price Multiples
KPN's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KPN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.15 | ||
| EV/EBITDA | 8 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
KPN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.7
PEG (5Y)2.88
EPS Next 2Y7.6%
EPS Next 3Y7.93%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.55%, KPN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.96, KPN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, KPN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.55% |
5.2 History
The dividend of KPN is nicely growing with an annual growth rate of 6.22%!
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 2Y7.6%
EPS Next 3Y7.93%
AMS:KPN (11/25/2025, 12:05:00 PM)
3.961
+0.02 (+0.53%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners66.77%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap15.40B
Revenue(TTM)5.60B
Net Income(TTM)798.00M
Analysts73.33
Price Target4.45 (12.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.55% |
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)9.61%
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)1.88%
PT rev (3m)3.51%
EPS NQ rev (1m)2.76%
EPS NQ rev (3m)2.35%
EPS NY rev (1m)0.6%
EPS NY rev (3m)-0.07%
Revenue NQ rev (1m)0.2%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.86 | ||
| Fwd PE | 15.55 | ||
| P/S | 2.75 | ||
| P/FCF | 17.15 | ||
| P/OCF | 7.12 | ||
| P/B | 4.54 | ||
| P/tB | 64.72 | ||
| EV/EBITDA | 8 |
EPS(TTM)0.21
EY5.3%
EPS(NY)0.25
Fwd EY6.43%
FCF(TTM)0.23
FCFY5.83%
OCF(TTM)0.56
OCFY14.05%
SpS1.44
BVpS0.87
TBVpS0.06
PEG (NY)4.7
PEG (5Y)2.88
Graham Number2.03
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 Y4.01%
EPS Next 2Y7.6%
EPS Next 3Y7.93%
EPS Next 5Y8.15%
Revenue 1Y (TTM)3%
Revenue growth 3Y2.15%
Revenue growth 5Y0.42%
Sales Q2Q%2.46%
Revenue Next Year3.52%
Revenue Next 2Y2.62%
Revenue Next 3Y2.43%
Revenue Next 5Y1.29%
EBIT growth 1Y3.53%
EBIT growth 3Y10.18%
EBIT growth 5Y7.9%
EBIT Next Year95.62%
EBIT Next 3Y27.27%
EBIT Next 5Y14.87%
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.
Can you provide the valuation status for KONINKLIJKE KPN NV?
ChartMill assigns a valuation rating of 4 / 10 to KONINKLIJKE KPN NV (KPN.AS). This can be considered as Fairly Valued.
Can you provide the profitability details for KONINKLIJKE KPN NV?
KONINKLIJKE KPN NV (KPN.AS) has a profitability rating of 9 / 10.
What are the PE and PB ratios of KONINKLIJKE KPN NV (KPN.AS) stock?
The Price/Earnings (PE) ratio for KONINKLIJKE KPN NV (KPN.AS) is 18.86 and the Price/Book (PB) ratio is 4.54.
How financially healthy is KONINKLIJKE KPN NV?
The financial health rating of KONINKLIJKE KPN NV (KPN.AS) is 3 / 10.