KION GROUP AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 43.81 EUR | -0.75% |
|
-7.04% | +13.29% |
| Apr. 26 | KION : Deutsche Bank reaffirms its Buy rating | ZD |
| Apr. 26 | KION : Hauck & Aufhauser keeps its Buy rating | ZD |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 7,257 | 9,327 | 12,647 | 3,510 | 5,071 | 5,745 | - | - |
| Enterprise Value (EV) 1 | 9,224 | 10,636 | 13,215 | 5,724 | 6,281 | 6,689 | 6,368 | 5,904 |
| P/E ratio | 15.9 x | 39.3 x | 22.3 x | 35.7 x | 16.6 x | 13.8 x | 10.6 x | 8.95 x |
| Yield | 2.11% | 0.58% | 1.55% | 0.71% | 1.81% | 2.25% | 2.98% | 3.54% |
| Capitalization / Revenue | 0.82 x | 1.12 x | 1.23 x | 0.32 x | 0.44 x | 0.5 x | 0.48 x | 0.45 x |
| EV / Revenue | 1.05 x | 1.28 x | 1.28 x | 0.51 x | 0.55 x | 0.58 x | 0.53 x | 0.46 x |
| EV / EBITDA | 5.56 x | 7.69 x | 7.79 x | 4.7 x | 3.59 x | 3.6 x | 3.16 x | 2.69 x |
| EV / FCF | 16.5 x | 43.7 x | 24.1 x | -8 x | 8.78 x | 12.1 x | 9.47 x | 7.95 x |
| FCF Yield | 6.06% | 2.29% | 4.15% | -12.5% | 11.4% | 8.24% | 10.6% | 12.6% |
| Price to Book | 2.02 x | 1.98 x | 2.44 x | 0.63 x | 0.88 x | 0.93 x | 0.87 x | 0.81 x |
| Nbr of stocks (in thousands) | 117,878 | 131,075 | 131,086 | 131,102 | 131,125 | 131,125 | - | - |
| Reference price 2 | 61.56 | 71.16 | 96.48 | 26.77 | 38.67 | 43.81 | 43.81 | 43.81 |
| Announcement Date | 3/3/20 | 3/2/21 | 3/3/22 | 3/2/23 | 2/29/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,806 | 8,342 | 10,294 | 11,136 | 11,434 | 11,468 | 12,057 | 12,835 |
| EBITDA 1 | 1,658 | 1,384 | 1,697 | 1,219 | 1,749 | 1,859 | 2,017 | 2,198 |
| EBIT 1 | 850.5 | 546.9 | 841.8 | 292.4 | 790.5 | 881.4 | 1,052 | 1,174 |
| Operating Margin | 9.66% | 6.56% | 8.18% | 2.63% | 6.91% | 7.69% | 8.73% | 9.15% |
| Earnings before Tax (EBT) 1 | 621.6 | 301.6 | 759.7 | 138 | 459.8 | 610.1 | 787.8 | 930.3 |
| Net income 1 | 454.8 | 215.3 | 568.3 | 105.8 | 305.8 | 416.7 | 541.8 | 638.9 |
| Net margin | 5.16% | 2.58% | 5.52% | 0.95% | 2.67% | 3.63% | 4.49% | 4.98% |
| EPS 2 | 3.860 | 1.810 | 4.330 | 0.7500 | 2.330 | 3.166 | 4.122 | 4.898 |
| Free Cash Flow 1 | 558.9 | 243.3 | 547.9 | -715.6 | 715.2 | 551.1 | 672.2 | 742.3 |
| FCF margin | 6.35% | 2.92% | 5.32% | -6.43% | 6.26% | 4.81% | 5.58% | 5.78% |
| FCF Conversion (EBITDA) | 33.72% | 17.59% | 32.29% | - | 40.9% | 29.65% | 33.32% | 33.78% |
| FCF Conversion (Net income) | 122.89% | 113.01% | 96.41% | - | 233.88% | 132.26% | 124.07% | 116.19% |
| Dividend per Share 2 | 1.300 | 0.4100 | 1.500 | 0.1900 | 0.7000 | 0.9847 | 1.308 | 1.550 |
| Announcement Date | 3/3/20 | 3/2/21 | 3/3/22 | 3/2/23 | 2/29/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,927 | 4,968 | 2,761 | 2,734 | 2,802 | 5,537 | 2,706 | 2,892 | 2,781 | 2,836 | 5,617 | 2,730 | 3,086 | 2,897 | 2,798 | 3,053 | - | - |
| EBITDA 1 | - | - | 375.5 | 391 | 368.2 | - | 134.6 | 324.9 | 389.6 | 436.5 | - | 462.9 | 459.7 | 466 | 459.7 | 509.6 | - | - |
| EBIT 1 | 204.8 | 462.2 | 150.7 | 170.3 | 141.4 | 311.7 | -101.1 | 81.8 | 156 | 192.3 | 348.3 | 223.6 | 218.6 | 206.7 | 201.1 | 234.9 | - | - |
| Operating Margin | 5.21% | 9.3% | 5.46% | 6.23% | 5.05% | 5.63% | -3.74% | 2.83% | 5.61% | 6.78% | 6.2% | 8.19% | 7.08% | 7.14% | 7.19% | 7.69% | - | - |
| Earnings before Tax (EBT) | 90.8 | 395.6 | 160.9 | 115 | 109.4 | 224.5 | -133.2 | 46.7 | 93.7 | 123.9 | 217.6 | 141.6 | 100.6 | - | - | - | - | - |
| Net income 1 | 53.9 | 290.1 | 141.5 | 79.5 | 78.9 | 158.4 | -95.2 | 42.6 | 72.1 | 71.2 | 143.3 | 79.9 | 82.7 | 102.2 | 104.7 | 134.6 | - | - |
| Net margin | 1.37% | 5.84% | 5.13% | 2.91% | 2.82% | 2.86% | -3.52% | 1.47% | 2.59% | 2.51% | 2.55% | 2.93% | 2.68% | 3.53% | 3.74% | 4.41% | - | - |
| EPS 2 | - | - | 1.070 | 0.6100 | 0.6000 | - | -0.7300 | 0.2700 | 0.5500 | 0.5400 | - | 0.6100 | 0.6300 | 0.7789 | 0.7987 | 1.026 | - | - |
| Dividend per Share 2 | - | - | - | - | 1.500 | - | - | - | - | 0.1900 | - | - | 0.5100 | 0.5000 | - | - | - | 1.300 |
| Announcement Date | 7/30/20 | 7/29/21 | 3/3/22 | 4/28/22 | 7/28/22 | 7/28/22 | 10/27/22 | 3/2/23 | 4/27/23 | 7/27/23 | 7/27/23 | 10/26/23 | 2/29/24 | - | - | - | - | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,967 | 1,308 | 568 | 2,215 | 1,211 | 944 | 624 | 160 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.187 x | 0.9457 x | 0.3345 x | 1.817 x | 0.6923 x | 0.5079 x | 0.3092 x | 0.0727 x |
| Free Cash Flow 1 | 559 | 243 | 548 | -716 | 715 | 551 | 672 | 742 |
| ROE (net income / shareholders' equity) | 13.2% | 5.48% | 12% | 1.96% | 6.94% | 7.8% | 9.36% | 10.1% |
| ROA (Net income/ Total Assets) | 3.4% | 1.55% | 3.8% | 1.05% | 2.32% | 2.36% | 2.85% | 3.77% |
| Assets 1 | 13,367 | 13,910 | 14,953 | 10,052 | 13,169 | 17,692 | 19,014 | 16,934 |
| Book Value Per Share 2 | 30.50 | 36.00 | 39.50 | 42.80 | 44.00 | 47.10 | 50.20 | 53.90 |
| Cash Flow per Share 2 | 7.180 | 4.430 | 6.730 | -2.640 | 8.730 | 5.350 | 7.670 | 6.490 |
| Capex 1 | 287 | 284 | 334 | 383 | 443 | 504 | 470 | 495 |
| Capex / Sales | 3.26% | 3.4% | 3.24% | 3.44% | 3.87% | 4.4% | 3.9% | 3.86% |
| Announcement Date | 3/3/20 | 3/2/21 | 3/3/22 | 3/2/23 | 2/29/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
43.81
EUR
Average target price
53.35
EUR
Spread / Average Target
+21.77%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +13.29% | 6.2B | |
| +14.65% | 59.01B | |
| +26.10% | 36.11B | |
| +26.70% | 28.89B | |
| +15.62% | 26.38B | |
| +11.71% | 23.16B | |
| +1.34% | 21.61B | |
| +15.97% | 18.37B | |
| -6.32% | 14.17B | |
| +18.96% | 11.97B |
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- Financials KION GROUP AG
