KRONES AG |
Market Closed -
Other stock markets
|
After market 02:51:19 pm | |||
| 131.8 EUR | +1.85% |
|
131.9 | +0.08% |
| 03:12pm | KRONES AG : Berenberg keeps its Buy rating | ZD |
| May. 07 | KRONES AG : Gets a Buy rating from Deutsche Bank | ZD |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,133 | 2,087 | 3,030 | 3,317 | 3,532 | 4,088 | - | - |
| Enterprise Value (EV) 1 | 2,095 | 1,902 | 2,652 | 2,795 | 3,532 | 3,778 | 3,574 | 3,384 |
| P/E ratio | 225 x | -26.2 x | 21.5 x | 17.7 x | 15.7 x | 14.7 x | 12.3 x | 11.1 x |
| Yield | 1.11% | 0.09% | 1.46% | 1.67% | - | 2.01% | 2.36% | 2.62% |
| Capitalization / Revenue | 0.54 x | 0.63 x | 0.83 x | 0.79 x | 0.75 x | 0.77 x | 0.72 x | 0.69 x |
| EV / Revenue | 0.53 x | 0.57 x | 0.73 x | 0.66 x | 0.75 x | 0.71 x | 0.63 x | 0.57 x |
| EV / EBITDA | 9.21 x | 14.3 x | 8.48 x | 7.49 x | 7.72 x | 7.05 x | 5.82 x | 5.08 x |
| EV / FCF | -22.2 x | 8.34 x | 13.2 x | 7.75 x | - | 17.7 x | 14.8 x | 11.5 x |
| FCF Yield | -4.51% | 12% | 7.57% | 12.9% | - | 5.64% | 6.78% | 8.73% |
| Price to Book | 1.56 x | 1.74 x | 2.18 x | 2.08 x | - | 2.13 x | 1.87 x | 1.66 x |
| Nbr of stocks (in thousands) | 31,593 | 31,593 | 31,593 | 31,593 | 31,593 | 31,593 | - | - |
| Reference price 2 | 67.50 | 66.05 | 95.90 | 105.0 | 111.8 | 129.4 | 129.4 | 129.4 |
| Announcement Date | 2/20/20 | 3/22/21 | 3/21/22 | 3/24/23 | 3/23/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,959 | 3,323 | 3,634 | 4,209 | 4,721 | 5,285 | 5,677 | 5,951 |
| EBITDA 1 | 227.3 | 133.2 | 312.6 | 373.3 | 457.3 | 535.7 | 613.8 | 666.7 |
| EBIT 1 | 43.95 | -40.8 | 170.9 | 230.4 | 291 | 378.9 | 452.9 | 502.8 |
| Operating Margin | 1.11% | -1.23% | 4.7% | 5.47% | 6.16% | 7.17% | 7.98% | 8.45% |
| Earnings before Tax (EBT) 1 | 41.7 | -36.6 | 177.3 | 242.1 | 310.5 | 385.1 | 455.4 | 506.1 |
| Net income 1 | 9.491 | -79.7 | 141.4 | 187 | 224.5 | 278.3 | 333.8 | 371.7 |
| Net margin | 0.24% | -2.4% | 3.89% | 4.44% | 4.76% | 5.27% | 5.88% | 6.25% |
| EPS 2 | 0.3000 | -2.520 | 4.470 | 5.920 | 7.110 | 8.815 | 10.51 | 11.65 |
| Free Cash Flow 1 | -94.4 | 228 | 200.8 | 360.5 | - | 213 | 242.3 | 295.5 |
| FCF margin | -2.38% | 6.86% | 5.53% | 8.56% | - | 4.03% | 4.27% | 4.96% |
| FCF Conversion (EBITDA) | - | 171.15% | 64.24% | 96.57% | - | 39.77% | 39.48% | 44.31% |
| FCF Conversion (Net income) | - | - | 142.07% | 192.75% | - | 76.54% | 72.59% | 79.48% |
| Dividend per Share 2 | 0.7500 | 0.0600 | 1.400 | 1.750 | - | 2.602 | 3.060 | 3.393 |
| Announcement Date | 2/20/20 | 3/22/21 | 3/21/22 | 3/24/23 | 3/23/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,720 | 991.5 | 987.2 | 997.6 | 1,985 | 1,059 | 1,166 | 1,199 | - | 1,165 | 1,235 | 1,247 | 1,293 | 1,250 | 1,361 | - | - |
| EBITDA 1 | 137.7 | 100 | 87 | 88.1 | 175.1 | 95 | 103.2 | 114.9 | - | 110.9 | 125 | 125.4 | 128.4 | 120 | 143.3 | - | - |
| EBIT 1 | - | 57.9 | 53.9 | 54.2 | - | 60.3 | 62.01 | 80.4 | - | 74.8 | 73.09 | 87.7 | 91 | 82 | 97.35 | - | - |
| Operating Margin | - | 5.84% | 5.46% | 5.43% | - | 5.69% | 5.32% | 6.71% | - | 6.42% | 5.92% | 7.03% | 7.04% | 6.56% | 7.15% | - | - |
| Earnings before Tax (EBT) 1 | 75.7 | 58.86 | 54.7 | 58.5 | 113.2 | 63.4 | 65.46 | 83 | - | 74.3 | 75.1 | 89 | 92 | 83 | 98.85 | - | - |
| Net income 1 | 56.9 | 54.87 | 40.1 | 43 | 83.1 | 45.2 | 58.72 | 63.5 | - | 54.3 | 48.81 | 65.8 | 66.24 | 59.76 | 71.17 | - | - |
| Net margin | 3.31% | 5.53% | 4.06% | 4.31% | 4.19% | 4.27% | 5.04% | 5.3% | - | 4.66% | 3.95% | 5.28% | 5.12% | 4.78% | 5.23% | - | - |
| EPS 2 | 1.800 | 1.730 | 1.270 | 1.360 | 2.630 | 1.430 | 1.860 | 2.010 | - | 1.720 | 1.550 | 2.080 | 2.097 | 1.892 | 2.253 | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | 1.750 | - | - | - | 2.400 | - | - | - | 2.500 |
| Announcement Date | 8/3/21 | 3/21/22 | 5/6/22 | 8/2/22 | 8/2/22 | 11/4/22 | 3/24/23 | 4/28/23 | 8/1/23 | 11/3/23 | 3/23/24 | 5/3/24 | - | - | - | - | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 38 | 185 | 378 | 522 | - | 310 | 514 | 704 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -94.4 | 228 | 201 | 360 | - | 213 | 242 | 295 |
| ROE (net income / shareholders' equity) | 5.67% | -6.2% | 10.9% | 12.5% | - | 14.9% | 15.9% | 15.7% |
| ROA (Net income/ Total Assets) | 2.39% | 0.32% | 4.32% | - | - | 6.09% | 6.57% | 6.73% |
| Assets 1 | 396.4 | -24,654 | 3,272 | - | - | 4,574 | 5,085 | 5,521 |
| Book Value Per Share 2 | 43.40 | 38.00 | 44.10 | 50.60 | - | 60.90 | 69.00 | 77.80 |
| Cash Flow per Share 2 | 2.960 | 10.20 | 9.670 | 15.20 | - | 13.70 | 11.90 | 12.60 |
| Capex 1 | 169 | 93.8 | 105 | 118 | - | 166 | 175 | 181 |
| Capex / Sales | 4.27% | 2.82% | 2.89% | 2.81% | - | 3.15% | 3.08% | 3.03% |
| Announcement Date | 2/20/20 | 3/22/21 | 3/21/22 | 3/24/23 | 3/23/24 | - | - | - |
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
BUY
Number of Analysts
9
Last Close Price
129.4
EUR
Average target price
143.7
EUR
Spread / Average Target
+11.03%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +17.17% | 4.41B | |
| +2.52% | 15.56B | |
| +39.75% | 5.65B | |
| -12.03% | 4.85B | |
| -7.70% | 4.72B | |
| -8.75% | 4.56B | |
| +37.88% | 3.78B | |
| +13.00% | 3.67B | |
| +0.34% | 3.3B | |
| -7.49% | 3.06B |
- Stock Market
- Equities
- KRN Stock
- Financials Krones AG