New Risk • 20h
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swiss stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.0% net profit margin). Reported Earnings • Jun 25
Full year 2026 earnings released: EPS: €0.66 (vs €1.13 in FY 2025) Full year 2026 results: EPS: €0.66 (down from €1.13 in FY 2025). Revenue: €290.6m (down 6.0% from FY 2025). Net income: €5.79m (down 42% from FY 2025). Profit margin: 2.0% (down from 3.2% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. New Risk • Jun 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swiss stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.7% average weekly change). New Risk • May 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Paying a dividend despite being loss-making. Upcoming Dividend • Aug 18
Upcoming dividend of CHF0.25 per share Eligible shareholders must have bought the stock before 25 August 2025. Payment date: 27 August 2025. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Swiss dividend payers (3.8%). Higher than average of industry peers (2.2%). Declared Dividend • Jul 02
Dividend of CHF0.50 announced Shareholders will receive a dividend of CHF0.50. Ex-date: 25th August 2025 Payment date: 27th August 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 75% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 02
Klingelnberg AG announces Annual dividend, payable on August 27, 2025 Klingelnberg AG announced Annual dividend of CHF 0.2500 per share payable on August 27, 2025, ex-date on August 25, 2025 and record date on August 26, 2025. Reported Earnings • Jun 25
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: €1.13 (down from €1.95 in FY 2024). Revenue: €309.1m (up 1.8% from FY 2024). Net income: €9.99m (down 42% from FY 2024). Profit margin: 3.2% (down from 5.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Machinery industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jun 20
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at CHF12.35. The fair value is estimated to be CHF15.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.7% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. New Risk • Jun 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin). Buy Or Sell Opportunity • Jun 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.5% to CHF12.80. The fair value is estimated to be CHF16.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.7% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. New Risk • Apr 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swiss stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin). Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CHF10.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 16x in the Machinery industry in Switzerland. Total loss to shareholders of 28% over the past three years. Buy Or Sell Opportunity • Feb 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.1% to CHF12.90. The fair value is estimated to be CHF16.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.7% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Buy Or Sell Opportunity • Feb 05
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to CHF13.00. The fair value is estimated to be CHF16.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.7% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. New Risk • Feb 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swiss stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin). Buy Or Sell Opportunity • Jan 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to CHF13.20. The fair value is estimated to be CHF16.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.7% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Buy Or Sell Opportunity • Dec 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to CHF13.50. The fair value is estimated to be CHF16.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.7% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. New Risk • Nov 22
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 8.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.5% net profit margin). Annuncio • Sep 04
Klingelnberg AG (SWX : KLIN) acquired Vispiron Rotec GmbH. Klingelnberg AG (SWX : KLIN) acquired Vispiron Rotec GmbH on September 2, 2024.
For the period ending December 31, 2023, Vispiron Rotec GmbH reported total revenue of €4 million.
Klingelnberg AG (SWX : KLIN) completed the acquisition of Vispiron Rotec GmbH on September 2, 2024. Upcoming Dividend • Aug 15
Upcoming dividend of CHF0.50 per share Eligible shareholders must have bought the stock before 22 August 2024. Payment date: 26 August 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Swiss dividend payers (4.3%). Higher than average of industry peers (2.1%). New Risk • Jun 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Jun 21
Full year 2024 earnings released: EPS: €1.95 (vs €2.35 in FY 2023) Full year 2024 results: EPS: €1.95 (down from €2.35 in FY 2023). Revenue: €316.5m (up 2.0% from FY 2023). Net income: €17.2m (down 17% from FY 2023). Profit margin: 5.4% (down from 6.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Machinery industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Jun 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Nov 20
First half 2024 earnings released: EPS: €0.12 (vs €0.17 loss in 1H 2023) First half 2024 results: EPS: €0.12 (up from €0.17 loss in 1H 2023). Revenue: €105.4m (down 24% from 1H 2023). Net income: €1.06m (up €2.54m from 1H 2023). Profit margin: 1.0% (up from net loss in 1H 2023). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annuncio • Sep 17
Klingelnberg AG to Report Q2, 2024 Results on Nov 17, 2023 Klingelnberg AG announced that they will report Q2, 2024 results on Nov 17, 2023 Upcoming Dividend • Aug 17
Upcoming dividend of CHF0.40 per share at 2.0% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 28 August 2023. Trailing yield: 2.0%. Lower than top quartile of Swiss dividend payers (4.2%). Lower than average of industry peers (2.3%). Annuncio • Aug 01
Klingelnberg AG, Annual General Meeting, Aug 22, 2023 Klingelnberg AG, Annual General Meeting, Aug 22, 2023, at 12:00 Central European Standard Time. Location: KLINGELNBERG AG hall at Binzmühlestrasse 171, 8050 Zurich Zurich Switzerland Agenda: To propose the Management Report, the Annual Financial Statements of KLINGELNBERG AG as well as the Consolidated Financial Statements of the KLINGELNBERG Group for the 2022/23 financial year are approved and the Auditors' Reports are acknowledged; to propose a total gross distribution to shareholders of CHF 0.40 per registered share entitled to dividend; to propose a pro rata distribution from retained earnings of CHF 0.20 per registered share; to propose a pro rata distribution from the capital contribution reserves in the amount of CHF 0.20 per registered share; and to discuss other matters. New Risk • Jun 25
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results. Major Estimate Revision • Jun 23
Consensus revenue estimates increase by 16% The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from €270.6m to €313.0m. EPS estimate increased from €1.78 to €1.93 per share. Net income forecast to shrink 18% next year vs 19% growth forecast for Machinery industry in Switzerland . Consensus price target up from CHF26.02 to CHF27.15. Share price was steady at CHF18.35 over the past week. Reported Earnings • Jun 21
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: €2.35 (up from €2.45 loss in FY 2022). Revenue: €318.5m (up 101% from FY 2022). Net income: €20.8m (up €42.4m from FY 2022). Profit margin: 6.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 66%. Revenue is expected to decline by 5.0% p.a. on average during the next 2 years, while revenues in the Machinery industry in Switzerland are expected to grow by 4.9%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CHF18.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Machinery industry in Switzerland. Total returns to shareholders of 85% over the past three years. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Philipp Buhofer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 22
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: €2.45 loss per share (down from €0.82 loss in FY 2021). Revenue: €198.9m (up 25% from FY 2021). Net loss: €21.7m (loss widened 197% from FY 2021). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 36%. Over the next year, revenue is forecast to grow 20%, compared to a 9.6% growth forecast for the industry in Switzerland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. No independent directors (6 non-independent directors). Chairman of the Board Jorg Wolle was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Major Estimate Revision • Feb 08
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €210.0m to €191.2m. Now expected to report a loss of €1.79 per share instead of €0.36 per share profit previously forecast. Machinery industry in Switzerland expected to see average net income growth of 13% next year. Consensus price target up from CHF24.11 to CHF26.34. Share price rose 3.2% to CHF17.50 over the past week. Reported Earnings • Jun 27
Full year 2021 earnings released: €0.82 loss per share (vs €2.87 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: €158.7m (down 25% from FY 2020). Net loss: €7.29m (loss narrowed 71% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 28
New 90-day high: CHF20.90 The company is up 35% from its price of CHF15.45 on 29 September 2020. The Swiss market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF21.85 per share. Major Estimate Revision • Nov 13
Analysts lower EPS estimates to -€1.17 The 2021 consensus revenue estimate was lowered from €185.2m to €183.4m. The company's losses are expected to worsen with analysts lowering their EPS forecasts from -€0.78 to -€1.17 for the same period. The Machinery industry in Switzerland is expected to see an average net income growth of 5.9% next year. The consensus price target was lowered from CHF19.41 to CHF19.36. Share price is up 22% to CHF18.30 over the past week. Reported Earnings • Nov 11
First half 2021 earnings released: €1.24 loss per share The company reported a poor first half result with increased losses and weaker revenues and control over expenses. First half 2021 results: Revenue: €61.7m (down 30% from 1H 2020). Net loss: €10.9m (loss widened 35% from 1H 2020). Is New 90 Day High Low • Nov 11
New 90-day high: CHF16.90 The company is up 11% from its price of CHF15.20 on 12 August 2020. The Swiss market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF16.79 per share. Major Estimate Revision • Oct 05
Analysts lower EPS estimates to -€0.80 The 2021 consensus revenue estimate was lowered from €192.3m to €184.2m. The company's losses are expected to worsen with analysts lowering their EPS forecasts from -€0.56 to -€0.80 for the same period. The Machinery industry in Switzerland is expected to see a 2.2% decline in net income next year. The consensus price target was lowered from CHF20.48 to CHF19.42. Share price stayed mostly flat at CHF15.70 over the past week. Is New 90 Day High Low • Oct 02
New 90-day high: CHF15.70 The company is up 18% from its price of CHF13.25 on 03 July 2020. The Swiss market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF17.24 per share.