K+S Resultados de beneficios anteriores
Pasado controles de criterios 2/6
Los beneficios de K+S han disminuido a una tasa media anual de -46.8%, mientras que en la industria Chemicals los beneficios disminuyeron en un 3.5% anualmente. Los ingresos han ido disminuyendo a una tasa media de 0.8% al año. La rentabilidad financiera de K+S es de 19.8%, y sus márgenes netos son de 27.6%.
Información clave
-46.78%
Tasa de crecimiento de los beneficios
-46.83%
Tasa de crecimiento del BPA
| Crecimiento de la industria Chemicals | 12.41% |
| Tasa de crecimiento de los ingresos | -0.83% |
| Rentabilidad financiera | 19.76% |
| Margen neto | 27.58% |
| Próxima actualización de resultados | 10 Nov 2026 |
Actualizaciones de resultados anteriores recientes
Recent updates
Nueva narrativa • Aug 21
K+S Aktiengesellschaft — Cyclical Investment Strategy
Investment Thesis K+S Aktiengesellschaft (XETRA: SDF) should be viewed primarily as a cyclical value investment rather than a long-term compounder. Its earnings and valuation are heavily influenced by global potash prices, agricultural fertilizer demand, European production costs and commodity-market sentiment.
Actualización de narrativa • Aug 11
SDF: Firmer Fertilizer Pricing And Salt Integration Will Drive Shares Higher
The analyst price target for K+S in this update moves from €15.61 to €16.26, with analysts citing a more constructive view on fertilizer pricing and the ongoing integration of the salt acquisition as key supports for the revised fair value assumptions. Analyst Commentary Recent research on K+S highlights a more constructive tone on both the core fertilizer business and the salt acquisition, with analysts updating their views on execution risk and valuation support.
Actualización de narrativa • Jul 28
SDF: Firmer Fertilizer Pricing And Lower Discount Rate Will Support Re Rating Potential
Analysts have lifted the fair value estimate for K+S from €26.53 to €27.75, reflecting updated assumptions on revenue growth, profitability, and fertilizer pricing, alongside a series of recent rating upgrades and higher price targets. Analyst Commentary Recent research on K+S shows a clear shift in tone from several bullish analysts, with a focus on fertilizer pricing, potash exposure, and the integration of the salt business.
Actualización de narrativa • Jun 18
SDF: Higher Discount Rate And Weaker Revenues Will Pressure Future Margins
The analyst price target for K+S has shifted from €10.00 to €10.50, reflecting recent upward revisions from multiple banks as analysts factor in updated assumptions on the discount rate, revenue growth, profit margin and forward P/E. Analyst Commentary Recent research on K+S reflects a mixed but increasingly cautious tone, even as several banks adjust their price targets.Actualización de narrativa • Jun 03
SDF: Mixed Rating Shifts And Potash Demand Risk Will Keep Shares Rangebound
The analyst price target for K+S increases to €15.61 from €14.64 as analysts factor in a series of recent Street target increases alongside adjustments to revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent research on K+S reflects a mix of optimism and caution, with several firms adjusting price targets and at least one shifting its rating lower despite a higher target.Actualización de narrativa • May 20
SDF: Lower Discount Rate And Firmer Margins Will Support Re Rating Potential
Analysts have raised the fair value estimate for K+S from €25.63 to €26.53, citing a series of recent price target increases across the Street and updated assumptions, including a slightly lower discount rate, a reduced revenue growth outlook, higher profit margin expectations, and a lower future P/E multiple. Analyst Commentary Recent Street research around K+S reflects a mix of views, but the fair value increase lines up with a cluster of constructive actions from several bullish analysts alongside selective caution from others.Artículo de análisis • May 14
K+S Aktiengesellschaft Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
The first-quarter results for K+S Aktiengesellschaft ( ETR:SDF ) were released last week, making it a good time to...Actualización de narrativa • May 05
SDF: Earlier Potash Downturn Will Pressure Margins Despite Recent Rating Shifts
Analysts have raised their average price target for K+S by €0.50 to €10.00, citing a series of recent target increases from major banks and updated assumptions on fair value, discount rates and profit margins. Analyst Commentary Recent research updates show a mixed picture around K+S, with several firms adjusting price targets and at least one issuing a downgrade alongside a higher target.Actualización de narrativa • Apr 20
SDF: Weaker Potash Demand Cycle Will Drive Margins And Earnings Downside
Analysts have raised their fair value estimate for K+S from €8.00 to €9.50, reflecting recent increases in Street price targets from Morgan Stanley, Deutsche Bank and JPMorgan, even as some continue to highlight risks to potash demand and margins. Analyst Commentary Recent research updates present a mixed picture for K+S.Actualización de narrativa • Apr 05
SDF: Potash Cycle Pullback Risk Will Keep Shares Rangebound
The updated analyst price target for K+S edges higher to €14.64 from €14.56, as analysts factor in recent target increases from several banks, while moderating assumptions on revenue growth and profit margins, and applying a slightly lower discount rate alongside a higher future P/E of 20.31x. Analyst Commentary Recent Street research on K+S shows a mix of optimism around valuation upside and caution around industry risks, resulting in modest price target adjustments rather than wholesale shifts in stance.Actualización de narrativa • Mar 22
SDF: Potash Cycle Risks And Dividend Payout Suggest Shares Will Remain Rangebound
The analyst price target for K+S has shifted from €13.95 to about €14.56, with analysts pointing to updated assumptions on discount rates, revenue growth, profit margins, and future P/E. These revisions are informed in part by recent Street research that includes a higher €14.50 target alongside a downgrade to Underperform.Actualización de narrativa • Mar 08
SDF: Lower Discount Rate And Firmer Margins Will Support Re Rating
Analysts have nudged their price target on K+S higher by €1.10, citing slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E that together support a modestly stronger valuation case. Analyst Commentary Recent research points to a slightly stronger valuation stance on K+S, with the €1.10 uplift in the price target linked to refreshed views on discount rate assumptions, revenue growth, profit margins and future P/E levels.Actualización de narrativa • Feb 22
SDF: Higher Margins And Refined P/E Framework Will Recast This Opportunity
Analysts have lifted their price target on K+S by €1.10, reflecting updated assumptions around discount rates, revenue, profit margins and future P/E expectations. Analyst Commentary Bullish analysts point to the refreshed €1.10 higher price target as a sign that updated models are more aligned with current assumptions on discount rates, revenue, profit margins and future P/E expectations.Actualización de narrativa • Feb 08
SDF: Mixed Ratings Suggest Shares Will Likely Trade Within A Cautious Range
The analyst fair value estimate for K+S has increased to €13.95 from €12.61. Analysts attribute this change to updated assumptions for discount rates, revenue growth, margins, and a higher future P/E multiple, as reflected in recent mixed price target changes from major banks.Actualización de narrativa • Jan 24
SDF: Higher Forward P/E Assumptions Will Recast This Underappreciated Opportunity
The analyst price target for K+S has moved from about €20.00 to roughly €25.60 per share. Analysts point to updated fair value estimates and revised assumptions on discount rates, revenue growth, profit margins and future P/E multiples as key drivers behind this change.Artículo de análisis • Jan 13
Does K+S (ETR:SDF) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Actualización de narrativa • Jan 10
SDF: Lower Forward P E Assumptions Will Drive Further Downside Risk
Analysts have trimmed their price targets on K+S, with recent revisions such as €13 to €12.70 and €11 to €10. This reflects updated views on revenue growth, margins and future P/E assumptions.Actualización de narrativa • Dec 26
SDF: Persistent Price Cuts Will Signal Further Downside Risk Ahead
The analyst price target for K+S has been revised modestly lower, to a range of about EUR 10 to EUR 12.70, as analysts factor in softer near term growth expectations, alongside improved margin assumptions and a lower anticipated future price to earnings multiple. Analyst Commentary Bearish analysts have highlighted that the latest price target reductions reflect a more cautious stance on K+S, with limited upside seen from current trading levels.Artículo de análisis • Dec 15
Getting In Cheap On K+S Aktiengesellschaft (ETR:SDF) Might Be Difficult
With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Chemicals industry in Germany, you could be...Actualización de narrativa • Dec 12
SDF: Persistent Price Target Cuts Will Signal Further Downside Risk Ahead
The analyst price target for K+S has been trimmed from roughly EUR 8.50 to EUR 8.00 as analysts factor in softer revenue growth expectations, despite slightly better margin forecasts and a lower future P E multiple. Analyst Commentary Recent Street research on K+S reflects a broadly cautious stance, with multiple bearish analysts trimming their price targets as they reassess the company outlook.Actualización de narrativa • Nov 27
SDF: Shares Will Likely See Limited Upside Amid Ongoing Market Uncertainty
The consensus analyst price target for K+S has been lowered slightly, from approximately €12.72 to €12.61. This change reflects analysts' expectations for slower revenue growth and increased caution on the stock’s future outlook.Actualización de narrativa • Nov 13
SDF: Shares Will Likely Remain Rangebound Amid Market Caution And Modest Outlook
Analysts have reduced their price target for K+S, lowering the fair value estimate from EUR 13.66 to EUR 12.72. This adjustment reflects more cautious projections based on updated revenue growth and profit margin expectations.Actualización de narrativa • Sep 23
Global Demand Will Transform The Potash Fertilizer Sector
K+S’s consensus price target was revised down to €13.66 as analysts cite fading momentum, weaker industry demand, and lower earnings forecasts, partially offset by improved operational efficiency. Analyst Commentary Bearish analysts cite fading positive momentum and recommend profit-taking after recent gains.Artículo de análisis • Sep 09
Does K+S (ETR:SDF) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Actualización de narrativa • Aug 27
Global Demand Will Transform The Potash Fertilizer Sector
K+S’s consensus price target has been revised down from €14.53 to €13.99 amid divergent analyst sentiment reflecting improved potash market fundamentals on one hand and concerns over limited upside, fading momentum, and fertilizer demand volatility on the other. Analyst Commentary Bullish analysts have increased price targets due to improved potash market fundamentals and expectations of higher realized prices.Artículo de análisis • May 16
Earnings Update: K+S Aktiengesellschaft (ETR:SDF) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
K+S Aktiengesellschaft ( ETR:SDF ) last week reported its latest first-quarter results, which makes it a good time for...Artículo de análisis • May 08
We Discuss Why K+S Aktiengesellschaft's (ETR:SDF) CEO Compensation May Be Closely Reviewed
Key Insights K+S' Annual General Meeting to take place on 14th of May CEO Burkhard Lohr's total compensation includes...Artículo de análisis • May 04
K+S Aktiengesellschaft's (ETR:SDF) 25% Share Price Surge Not Quite Adding Up
K+S Aktiengesellschaft ( ETR:SDF ) shareholders would be excited to see that the share price has had a great month...Artículo de análisis • Apr 05
K+S' (ETR:SDF) Dividend Is Being Reduced To €0.15
K+S Aktiengesellschaft ( ETR:SDF ) has announced that on 19th of May, it will be paying a dividend of€0.15, which a...Artículo de análisis • Jan 31
Revenues Not Telling The Story For K+S Aktiengesellschaft (ETR:SDF) After Shares Rise 29%
K+S Aktiengesellschaft ( ETR:SDF ) shareholders would be excited to see that the share price has had a great month...
Nueva narrativa • Jan 22
Werra 2060 Project Will Cut Emissions And Extend Operations By 10 Years
Increasing production at Bethune and demands for potash are expected to boost revenues and improve cash cost efficiencies.Artículo de análisis • Jan 08
Here's Why K+S (ETR:SDF) Has A Meaningful Debt Burden
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Artículo de análisis • Dec 18
Should You Think About Buying K+S Aktiengesellschaft (ETR:SDF) Now?
While K+S Aktiengesellschaft ( ETR:SDF ) might not have the largest market cap around , it saw a double-digit share...Artículo de análisis • Nov 17
The K+S Aktiengesellschaft (ETR:SDF) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
A week ago, K+S Aktiengesellschaft ( ETR:SDF ) came out with a strong set of quarterly numbers that could potentially...Artículo de análisis • Aug 21
We Think You Can Look Beyond K+S' (ETR:SDF) Lackluster Earnings
The market for K+S Aktiengesellschaft's ( ETR:SDF ) shares didn't move much after it posted weak earnings recently. We...Artículo de análisis • Aug 17
Analysts Are Updating Their K+S Aktiengesellschaft (ETR:SDF) Estimates After Its Half-Year Results
Shareholders might have noticed that K+S Aktiengesellschaft ( ETR:SDF ) filed its interim result this time last week...Artículo de análisis • Apr 27
K+S Aktiengesellschaft's (ETR:SDF) Shareholders Might Be Looking For Exit
There wouldn't be many who think K+S Aktiengesellschaft's ( ETR:SDF ) price-to-sales (or "P/S") ratio of 0.6x is worth...Artículo de análisis • Apr 05
Is There Now An Opportunity In K+S Aktiengesellschaft (ETR:SDF)?
K+S Aktiengesellschaft ( ETR:SDF ), might not be a large cap stock, but it saw a significant share price rise of 21% in...Artículo de análisis • Mar 04
These 4 Measures Indicate That K+S (ETR:SDF) Is Using Debt Reasonably Well
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Artículo de análisis • Dec 28
Is Now An Opportune Moment To Examine K+S Aktiengesellschaft (ETR:SDF)?
K+S Aktiengesellschaft ( ETR:SDF ), is not the largest company out there, but it saw significant share price movement...Artículo de análisis • Dec 07
K+S Aktiengesellschaft's (ETR:SDF) Intrinsic Value Is Potentially 25% Below Its Share Price
Key Insights K+S' estimated fair value is €10.35 based on 2 Stage Free Cash Flow to Equity Current share price of...Artículo de análisis • Nov 07
Here's Why K+S (ETR:SDF) Can Manage Its Debt Responsibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Artículo de análisis • Sep 20
Should You Investigate K+S Aktiengesellschaft (ETR:SDF) At €17.62?
K+S Aktiengesellschaft ( ETR:SDF ), might not be a large cap stock, but it saw a decent share price growth in the teens...Artículo de análisis • Aug 21
K+S Aktiengesellschaft's (ETR:SDF) Intrinsic Value Is Potentially 83% Above Its Share Price
Key Insights K+S' estimated fair value is €31.98 based on 2 Stage Free Cash Flow to Equity K+S' €17.52 share price...Desglose de ingresos y gastos
Desglose de ingresos y gastos
Cómo gana y gasta dinero K+S. Basado en los últimos beneficios reportados, en base a los últimos doce meses (LTM).
Historial de beneficios e ingresos
| Fecha | Ingresos | Beneficios | Gastos G+A | Gastos de I+D |
|---|---|---|---|---|
| 30 Jun 26 | 3,851 | 1,062 | 198 | 0 |
| 31 Mar 26 | 3,744 | -1,318 | 196 | 0 |
| 31 Dec 25 | 3,648 | -1,076 | 195 | 0 |
| 30 Sep 25 | 3,640 | -1,699 | 194 | 0 |
| 30 Jun 25 | 3,627 | -1,728 | 192 | 0 |
| 31 Mar 25 | 3,630 | 0 | 189 | 0 |
| 31 Dec 24 | 3,653 | -67 | 187 | 0 |
| 30 Sep 24 | 3,702 | 26 | 189 | 0 |
| 30 Jun 24 | 3,717 | 4 | 185 | 0 |
| 31 Mar 24 | 3,669 | -35 | 187 | 0 |
| 31 Dec 23 | 3,873 | 210 | 188 | 0 |
| 30 Sep 23 | 4,383 | 715 | 190 | 0 |
| 30 Jun 23 | 4,972 | 1,045 | 186 | 0 |
| 31 Mar 23 | 5,656 | 1,461 | 185 | 0 |
| 31 Dec 22 | 5,677 | 1,508 | 186 | 0 |
| 30 Sep 22 | 5,262 | 1,462 | 194 | 0 |
| 30 Jun 22 | 4,538 | 2,450 | 195 | 0 |
| 31 Mar 22 | 3,692 | 2,229 | 180 | 0 |
| 31 Dec 21 | 3,213 | 2,134 | 176 | 0 |
| 30 Sep 21 | 2,772 | 1,559 | 180 | 0 |
| 30 Jun 21 | 2,592 | -1,458 | 178 | 0 |
| 31 Mar 21 | 2,518 | -1,612 | 192 | 0 |
| 31 Dec 20 | 2,432 | -1,891 | 197 | 0 |
| 30 Sep 20 | 1,306 | -1,853 | 40 | 0 |
| 30 Jun 20 | 1,645 | -163 | 100 | 0 |
| 31 Mar 20 | 1,933 | -145 | 141 | 0 |
| 31 Dec 19 | 2,550 | 27 | 172 | 0 |
| 30 Sep 19 | 4,264 | 127 | 361 | 0 |
| 30 Jun 19 | 4,199 | 121 | 344 | 0 |
| 31 Mar 19 | 4,133 | 75 | 346 | 0 |
| 31 Dec 18 | 4,039 | 42 | 350 | 0 |
| 30 Sep 18 | 3,854 | 13 | 537 | 4 |
| 30 Jun 18 | 3,740 | 89 | 641 | 8 |
| 31 Mar 18 | 3,670 | 159 | 758 | 11 |
| 31 Dec 17 | 3,627 | 185 | 936 | 17 |
| 30 Sep 17 | 3,536 | 154 | 834 | 16 |
| 30 Jun 17 | 3,497 | 113 | 858 | 16 |
| 31 Mar 17 | 3,488 | 75 | 872 | 16 |
| 31 Dec 16 | 3,457 | 174 | 871 | 14 |
| 30 Sep 16 | 3,508 | 302 | 968 | 14 |
| 30 Jun 16 | 3,712 | 380 | 989 | 14 |
| 31 Mar 16 | 3,894 | 533 | 1,011 | 15 |
| 31 Dec 15 | 4,176 | 495 | 1,048 | 15 |
| 30 Sep 15 | 4,203 | 428 | 1,034 | 14 |
Ingresos de calidad: SDF tiene un alto nivel de ganancias no monetarias.
Margen de beneficios creciente: SDF pasó a ser rentable.
Análisis del flujo de caja libre vs. Beneficios
Análisis del crecimiento de los beneficios en el pasado
Tendencia de beneficios: SDF ha pasado a ser rentable en los últimos 5 años, con un crecimiento de los beneficios de -46.8% al año.
Acelerando crecimiento: SDF ha pasado a ser rentable en el último año, lo que dificulta la comparación de la tasa de crecimiento de los beneficios con su promedio de 5 años.
Beneficios vs. Industria: SDF ha pasado a ser rentable en el último año, lo que es difícil comparar el crecimiento de sus beneficios en el último año con el de la industria Chemicals (-13.3%).
Rentabilidad financiera
Alta ROE: La rentabilidad financiera de SDF (19.8%) se considera baja.
Rentabilidad económica
Rendimiento del capital invertido
Descubre empresas con buenos resultados en el pasado
Análisis de la empresa y estado de los datos financieros
| Datos | Última actualización (huso horario UTC) |
|---|---|
| Análisis de la empresa | 2026/09/18 16:36 |
| Precio de las acciones al final del día | 2026/09/18 00:00 |
| Beneficios | 2026/06/30 |
| Ingresos anuales | 2025/12/31 |
Fuentes de datos
Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.
| Paquete | Datos | Marco temporal | Ejemplo Fuente EE.UU. * |
|---|---|---|---|
| Finanzas de la empresa | 10 años |
| |
| Estimaciones del consenso de analistas | +3 años |
|
|
| Precios de mercado | 30 años |
| |
| Propiedad | 10 años |
| |
| Gestión | 10 años |
| |
| Principales avances | 10 años |
|
* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.
A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.
Modelo de análisis y copo de nieve
Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.
Conozca al que diseñó y construyó el modelo de análisis Simply Wall St.
Métricas industriales y sectoriales
Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.
Fuentes analistas
K+S Aktiengesellschaft está cubierta por 44 analistas. 13 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.
| Analista | Institución |
|---|---|
| Stephen Wilder | Alliance Global Partners |
| Volker Bosse | Baader Helvea Equity Research |
| Knut Woller | Baader Helvea Equity Research |