View ValuationKontron 将来の成長Future 基準チェック /16Kontron利益と収益がそれぞれ年間4.7%と5.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に14.6% 3.4%なると予測されています。主要情報4.7%収益成長率3.43%EPS成長率IT 収益成長12.8%収益成長率5.9%将来の株主資本利益率14.63%アナリストカバレッジGood最終更新日08 May 2026今後の成長に関する最新情報分析記事 • Nov 08Kontron AG Recorded A 5.5% Miss On Revenue: Analysts Are Revisiting Their ModelsLast week, you might have seen that Kontron AG ( ETR:SANT ) released its third-quarter result to the market. The early...Major Estimate Revision • Jul 16Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €1.81 to €2.00. Revenue forecast steady at €1.86b. Net income forecast to grow 39% next year vs 41% growth forecast for IT industry in Germany. Consensus price target broadly unchanged at €31.34. Share price rose 5.0% to €27.92 over the past week.お知らせ • Jan 22Kontron AG Provides Earnings Guidance for the Years 2024 and 2025Kontron AG provided earnings guidance for the years 2024 and 2025. For the year, the company expects significant organic revenue growth for 2025 to EUR 1.9 billion to EUR 2.0 billion. In terms of operating earnings, Kontron expects even stronger growth to at least EUR 220 million. Preliminary calculations for the 2024 financial year indicate that the ambitious forecast for the 2024 financial year will be achieved. Revenue is expected to exceed EUR 1.7 billion, more than 40% up on the previous year.分析記事 • Nov 09Here's What Analysts Are Forecasting For Kontron AG (ETR:SANT) After Its Third-Quarter ResultsShareholders of Kontron AG ( ETR:SANT ) will be pleased this week, given that the stock price is up 15% to €17.80...Major Estimate Revision • Apr 04Consensus revenue estimates increase by 26%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from €1.41b to €1.78b. EPS estimate increased from €1.42 to €1.45 per share. Net income forecast to grow 24% next year vs 26% growth forecast for IT industry in Germany. Consensus price target of €29.21 unchanged from last update. Share price was steady at €20.68 over the past week.お知らせ • Jan 16+ 1 more updateKontron AG Increases Earnings Guidance for the Financial Year 2023Kontron AG increased earnings guidance for the financial year 2023. For the year, the company announced that all targets have been met – both for the planned revenues of EUR 1,200 million and for the most recent net profit guidance of EUR 72 million. The guidance was already raised twice in the 2023 financial year and Kontron once again expected to have surpassed its targets. This would correspond to significant growth of at least 28% compared to the previous year’s figure of EUR 56 million.すべての更新を表示Recent updatesReported Earnings • May 07First quarter 2026 earnings released: EPS: €0.22 (vs €0.33 in 1Q 2025)First quarter 2026 results: EPS: €0.22 (down from €0.33 in 1Q 2025). Revenue: €382.2m (down 4.0% from 1Q 2025). Net income: €14.0m (down 30% from 1Q 2025). Profit margin: 3.7% (down from 5.0% in 1Q 2025). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 12+ 1 more updateKontron AG to Report First Half, 2026 Results on Aug 06, 2026Kontron AG announced that they will report first half, 2026 results on Aug 06, 2026分析記事 • Apr 03We Think That There Are Some Issues For Kontron (ETR:KTN) Beyond Its Promising EarningsKontron AG's ( ETR:KTN ) stock didn't jump after it announced some healthy earnings. Our analysis showed that there are...Reported Earnings • Mar 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €2.26 (up from €1.42 in FY 2024). Revenue: €1.65b (down 4.2% from FY 2024). Net income: €139.2m (up 59% from FY 2024). Profit margin: 8.4% (up from 5.1% in FY 2024). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 7.0%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.分析記事 • Feb 06Do Kontron's (ETR:SANT) Earnings Warrant Your Attention?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Dec 15Kontron AG's (ETR:SANT) Low P/E No Reason For ExcitementWhen close to half the companies in Germany have price-to-earnings ratios (or "P/E's") above 18x, you may consider...Buy Or Sell Opportunity • Dec 01Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.3% to €23.10. The fair value is estimated to be €29.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 75%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are forecast to decline by 0.6% per annum over the same time period.分析記事 • Nov 30Is Kontron (ETR:SANT) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...New Risk • Nov 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Nov 20+ 1 more updateKontron AG to Report Q1, 2026 Results on May 07, 2026Kontron AG announced that they will report Q1, 2026 results on May 07, 2026分析記事 • Nov 08Kontron AG Recorded A 5.5% Miss On Revenue: Analysts Are Revisiting Their ModelsLast week, you might have seen that Kontron AG ( ETR:SANT ) released its third-quarter result to the market. The early...Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: €0.36 (vs €0.39 in 3Q 2024)Third quarter 2025 results: EPS: €0.36 (down from €0.39 in 3Q 2024). Revenue: €411.3m (down 5.8% from 3Q 2024). Net income: €21.9m (down 10% from 3Q 2024). Profit margin: 5.3% (down from 5.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 03An Intrinsic Calculation For Kontron AG (ETR:SANT) Suggests It's 26% UndervaluedKey Insights Using the 2 Stage Free Cash Flow to Equity, Kontron fair value estimate is €30.85 Kontron's €22.68 share...Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €21.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.60 per share.Buy Or Sell Opportunity • Oct 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €24.92. The fair value is estimated to be €31.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 71%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 0.6% per annum over the same time period.Buy Or Sell Opportunity • Oct 12Now 20% undervaluedOver the last 90 days, the stock has risen 3.4% to €25.68. The fair value is estimated to be €32.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 71%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 0.6% per annum over the same time period.分析記事 • Sep 24Returns On Capital At Kontron (ETR:SANT) Paint A Concerning PictureThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...New Risk • Aug 14New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Aug 14Additional Considerations Required While Assessing Kontron's (ETR:SANT) Strong EarningsXTRA:SANT 1 Year Share Price vs Fair Value Explore Kontron's Fair Values from the Community and select yours Last...New Risk • Aug 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 06Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: €1.12 (up from €0.35 in 2Q 2024). Revenue: €505.3m (up 16% from 2Q 2024). Net income: €68.8m (up 220% from 2Q 2024). Profit margin: 14% (up from 4.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jul 22Now 21% undervaluedOver the last 90 days, the stock has risen 25% to €27.44. The fair value is estimated to be €34.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 63%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Major Estimate Revision • Jul 16Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €1.81 to €2.00. Revenue forecast steady at €1.86b. Net income forecast to grow 39% next year vs 41% growth forecast for IT industry in Germany. Consensus price target broadly unchanged at €31.34. Share price rose 5.0% to €27.92 over the past week.分析記事 • Jul 11Why Investors Shouldn't Be Surprised By Kontron AG's (ETR:SANT) P/EIt's not a stretch to say that Kontron AG's ( ETR:SANT ) price-to-earnings (or "P/E") ratio of 17.8x right now seems...分析記事 • Jun 27Does Kontron (ETR:SANT) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Jun 13Kontron AG Announces Board Changes, Effective June 12, 2025Kontron AG announced change of natural-person director. Title and name of the previous position holder: Yolanda Wu. Resume of the previous position holder: The director of Kontron AG. Title and name of the new position holder: Mavis Hong. Resume of the new position holder: Finance expert. Reason for the change: Mavis Hong was elected as a director at the Kontron AG AGM. Effective date of the new appointment: June 12, 2025.分析記事 • Jun 11Return Trends At Kontron (ETR:SANT) Aren't AppealingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Upcoming Dividend • Jun 10Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.3%). In line with average of industry peers (2.3%).お知らせ • May 28Kontron Announces VX3406, 3U VPX Card with Six Ethernet PortsKontron announced the VX3406, 3U VPX Ethernet board for harsh environments, the first to offer up to six 1000BASE-T ports each managed by a dedicated Ethernet controller, ensuring zero bandwidth attention, superior fault and cybersecurity isolation, and precise traffic prioritization. Designed for C4ISR systems, unmanned platforms and any connected warfare scenario, the ruggedized, low power consumption VX3406 ensures high resilience, secure segmentation and real-time data handling across harsh environments. The VX3406 integrates a powerful 8-port, 8-lane PCIe Gen3 switch offering users the ability to leverage up to four independent 1G/2.5G ports fully supporting TSN/IEEE1388 along with up to two dedicated 1G copper ports, enabling a total of six concurrent 1000BASE-T ports for unrivalled network expansion. Easy integration of TSN-capable controllers across its multiple independent ports avoids the need for legacy deterministic protocols or external switches, ensuring guaranteed delivery and timing precision for demanding embedded aerospace and defense environments. This makes the VX3406 ideal in use cases where low-latency, deterministic Ethernet communication is a prerequisite, including real-time sensor fusion, mission system coordination, control-loop communications and synchronized audio/video streams. The conduction cooled Kontron VX3406 is now available with an air-cooled variant available on request.分析記事 • May 24Are Investors Undervaluing Kontron AG (ETR:SANT) By 33%?Key Insights The projected fair value for Kontron is €33.18 based on 2 Stage Free Cash Flow to Equity Kontron is...Reported Earnings • May 07First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: €0.33 (up from €0.26 in 1Q 2024). Revenue: €400.9m (up 10% from 1Q 2024). Net income: €20.1m (up 24% from 1Q 2024). Profit margin: 5.0% (up from 4.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 6.7%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • May 07Now 22% undervaluedOver the last 90 days, the stock has risen 15% to €22.64. The fair value is estimated to be €28.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 63%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.お知らせ • May 06Kontron AG announces Annual dividend, payable on June 20, 2025Kontron AG announced Annual dividend of EUR 0.6000 per share payable on June 20, 2025, ex-date on June 17, 2025 and record date on June 18, 2025.Buy Or Sell Opportunity • Apr 04Now 21% undervaluedOver the last 90 days, the stock has risen 5.5% to €20.92. The fair value is estimated to be €26.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.分析記事 • Mar 07Kontron AG (ETR:SANT) Stock Rockets 25% But Many Are Still Ignoring The CompanyDespite an already strong run, Kontron AG ( ETR:SANT ) shares have been powering on, with a gain of 25% in the last...分析記事 • Mar 06Here's Why We Think Kontron (ETR:SANT) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Buy Or Sell Opportunity • Mar 04Now 23% undervaluedOver the last 90 days, the stock has risen 18% to €20.54. The fair value is estimated to be €26.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.お知らせ • Jan 22Kontron AG Provides Earnings Guidance for the Years 2024 and 2025Kontron AG provided earnings guidance for the years 2024 and 2025. For the year, the company expects significant organic revenue growth for 2025 to EUR 1.9 billion to EUR 2.0 billion. In terms of operating earnings, Kontron expects even stronger growth to at least EUR 220 million. Preliminary calculations for the 2024 financial year indicate that the ambitious forecast for the 2024 financial year will be achieved. Revenue is expected to exceed EUR 1.7 billion, more than 40% up on the previous year.お知らせ • Dec 27+ 3 more updatesKontron AG to Report First Half, 2025 Results on Aug 06, 2025Kontron AG announced that they will report first half, 2025 results on Aug 06, 2025分析記事 • Dec 24Kontron (ETR:SANT) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Dec 12What Is Kontron AG's (ETR:SANT) Share Price Doing?Kontron AG ( ETR:SANT ), is not the largest company out there, but it saw a significant share price rise of 22% in the...分析記事 • Nov 13Kontron's (ETR:SANT) Earnings Are Of Questionable QualityUnsurprisingly, Kontron AG's ( ETR:SANT ) stock price was strong on the back of its healthy earnings report. We did...分析記事 • Nov 09Here's What Analysts Are Forecasting For Kontron AG (ETR:SANT) After Its Third-Quarter ResultsShareholders of Kontron AG ( ETR:SANT ) will be pleased this week, given that the stock price is up 15% to €17.80...Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: €0.39 (vs €0.30 in 3Q 2023)Third quarter 2024 results: EPS: €0.39 (up from €0.30 in 3Q 2023). Revenue: €447.1m (up 46% from 3Q 2023). Net income: €24.4m (up 30% from 3Q 2023). Profit margin: 5.5% (down from 6.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 08Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: €0.35 (up from €0.28 in 2Q 2023). Revenue: €440.4m (up 53% from 2Q 2023). Net income: €21.5m (up 23% from 2Q 2023). Profit margin: 4.9% (down from 6.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 7.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.分析記事 • Aug 05Some Investors May Be Worried About Kontron's (ETR:SANT) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...お知らせ • Jul 09Kontron AG (XTRA:SANT) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on November 8, 2023.Kontron AG (XTRA:SANT) commences share repurchases on July 1, 2024, under the program mandated by the shareholders in the Extraordinary Shareholders Meeting held on November 8, 2023. As per the mandate, the company is authorized to repurchase up to 10% of the issued share capital. The shares will be purchased at a price not more than 10% or above the average market price of the last 5 trading days prior to the acquisition of the shares. The repurchased shares will be sold or held in treasury. The authorization will be valid for a period of 30 months from the date of approval. On June 14, 2024 the company announced a share repurchase program. Under the program, the company will repurchase up to 434,000 shares, representing 0.7% of its share capital, for €10 million. Repurchases of shares may be made up to a price cap of € 23 per share. In addition, the purchase price may not range more than 10% below or above the average price of the last 5 trading days in XETRA trading. The program will commence on July 1, 2024, and last until (and including) December 31, 2024 at the latest.お知らせ • Jun 02Kontron AG Introduces the XMC-ETH6Kontron AG announced the release of the XMC-ETH6, a high-performance Gigabit Ethernet XMC designed to enhance the networking capabilities of VPX or VME Single Board Computers (SBCs). The XMC-ETH6 features six ports, providing expanded connectivity options and greater flexibility in network configuration. This increased port count allows users to establish a greater number of connections with a single card, resulting in cost and space savings at the system level. The XMC-ETH6 includes four independent 1G/2.5G ports and two independent 1G copper ports, enabling users to meet diverse network requirements. It features six independent Ethernet controllers, four of which support TSN/IEEE1388 PTP for robust and efficient network performance. Equipped with rugged, highly EMC compliant IEC 61076 standard Harting ix front connectors, the XMC-ETH6 ensures reliable and secure connectivity even in demanding environments. The XMC-ETH 6 offers flexible mounting options and is available in both air-cooled and rugged conduction-cooled versions. The air-cooled variant features front panel Ethernet connectors that comply with the IEC 'IX' Ethernet industrial standard, offering easy locking, enhanced robustness and improved EMC resistance. The reduction-cooled version is well-suited for harsh environments such as defence or transportation applications due to its rugged design. Featuring an 8-port, 8-lane PCIe Gen3 switch, the XMC-ETH 6 ensures global reliable bandwidth for high-performance applications, enabling stable and efficient data transfer. A 3U VPX format version is also available on request, with the same interfaces for seamless integration into existing systems.分析記事 • May 22Is Now The Time To Look At Buying Kontron AG (ETR:SANT)?Kontron AG ( ETR:SANT ), might not be a large cap stock, but it received a lot of attention from a substantial price...Upcoming Dividend • Apr 30Upcoming dividend of €0.50 per shareEligible shareholders must have bought the stock before 07 May 2024. Payment date: 09 May 2024. Payout ratio is a comfortable 42% and the cash payout ratio is 90%. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).分析記事 • Apr 07Need To Know: Analysts Are Much More Bullish On Kontron AG (ETR:SANT) RevenuesCelebrations may be in order for Kontron AG ( ETR:SANT ) shareholders, with the analysts delivering a significant...分析記事 • Apr 05There May Be Underlying Issues With The Quality Of Kontron's (ETR:SANT) EarningsLast week's profit announcement from Kontron AG ( ETR:SANT ) was underwhelming for investors, despite headline numbers...Major Estimate Revision • Apr 04Consensus revenue estimates increase by 26%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from €1.41b to €1.78b. EPS estimate increased from €1.42 to €1.45 per share. Net income forecast to grow 24% next year vs 26% growth forecast for IT industry in Germany. Consensus price target of €29.21 unchanged from last update. Share price was steady at €20.68 over the past week.Reported Earnings • Apr 02Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: €1.19 (up from €0.19 loss in FY 2022). Revenue: €1.25b (up 15% from FY 2022). Net income: €75.3m (up €87.5m from FY 2022). Profit margin: 6.0% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.分析記事 • Jan 30We Think Kontron (ETR:SANT) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...お知らせ • Jan 19Kontron AG (XTRA:SANT) concluded an agreement to acquire 59.42656% stake in KATEK SE (XTRA:KTEK) from Primepulse SE for approximately €130 million.Kontron AG (XTRA:SANT) concluded an agreement to acquire 59.42656% stake in KATEK SE (XTRA:KTEK) from Primepulse SE for approximately €130 million on January 18, 2024. Upon completion, Kontron will gain control over KATEK SE and will therefore be obliged to submit a mandatory offer to the shareholders of KATEK SE to acquire all outstanding shares of KATEK SE. The Supervisory Board of KATEK SE and CEO Rainer Koppitz also agreed today that Koppitz will leave the Management Board of KATEK SE by mutual agreement with effect from the end of February 29, 2024 and Johannes Fues, that he will remain on the Management Board for the transitional period until April 30, 2024 and will then also leave on the best of terms. After obtaining control, Kontron Acquisition GmbH aims to delist Katek SE from the regulated market of the Frankfurt Stock Exchange. The closing of this agreement is still subject to conditions precedent, in particular the granting of the necessary antitrust approvals, and is expected to take place in March 2024. Martina Schaaf of RSM Ebner Stolz GmbH acted as advisor to Kontron.お知らせ • Jan 16+ 1 more updateKontron AG Increases Earnings Guidance for the Financial Year 2023Kontron AG increased earnings guidance for the financial year 2023. For the year, the company announced that all targets have been met – both for the planned revenues of EUR 1,200 million and for the most recent net profit guidance of EUR 72 million. The guidance was already raised twice in the 2023 financial year and Kontron once again expected to have surpassed its targets. This would correspond to significant growth of at least 28% compared to the previous year’s figure of EUR 56 million.分析記事 • Jan 16Sentiment Still Eluding Kontron AG (ETR:SANT)It's not a stretch to say that Kontron AG's ( ETR:SANT ) price-to-sales (or "P/S") ratio of 1.1x right now seems quite...分析記事 • Jan 03Kontron (ETR:SANT) Hasn't Managed To Accelerate Its ReturnsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...分析記事 • Dec 20An Intrinsic Calculation For Kontron AG (ETR:SANT) Suggests It's 36% UndervaluedKey Insights Kontron's estimated fair value is €34.52 based on 2 Stage Free Cash Flow to Equity Current share price of...お知らせ • Dec 03+ 3 more updatesKontron AG to Report First Half, 2024 Results on Aug 07, 2024Kontron AG announced that they will report first half, 2024 results on Aug 07, 2024Reported Earnings • Nov 05Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: €0.30 (up from €0.089 in 3Q 2022). Revenue: €309.8m (up 15% from 3Q 2022). Net income: €18.8m (up 233% from 3Q 2022). Profit margin: 6.1% (up from 2.1% in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.分析記事 • Oct 11Is Kontron (ETR:SANT) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Sep 15There Are Reasons To Feel Uneasy About Kontron's (ETR:SANT) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...お知らせ • Aug 29Kontron AG (XTRA:SANT) agreed to acquire Hartmann Electronic Gmbh and W-IE-NE-R Power Electronics Corp. from Phoenix Mecano AG (SWX:PMN) for €22.1 million.Kontron AG (XTRA:SANT) agreed to acquire Hartmann Electronic Gmbh and W-IE-NE-R Power Electronics Corp. from Phoenix Mecano AG (SWX:PMN) for €22.1 million on August 28, 2023. The purchase price is €22.1 million subject to adjustment depending on the balance sheet upon closing. Hartmann Electronic and W-IE-NE-R Power Electronics has reported revenues of around €18 million and EBITDA of approximately €3 million in 2022. The closing of the transaction is expected by Q4.お知らせ • Aug 22Kontron Develops the New Linux Based SecureOS Operating System That Provides Security and Data Protection for IoT Solutions in Critical AreasKontron has developed the new Linux based SecureOS operating system that provides security and data protection for IoT solutions in critical areas. Data security is crucial for Kontron's customers and SecureOS safeguards IoT solutions against remote control by intruders, hackers, or surveillance by third parties. Kontron is broadening its products and solutions mix and has started marketing its new SecureOS software solution against any remote interference in infrastructure projects. It safeguards IoT solutions against new threats from the internet and hostile infrastructure attacks. It can be combined with most of Kontron's product platforms and further expands the susietec toolset family. This solution will not only significantly increase security standards but also cut down OPEX by at least 15%. As a first customer, a leading global supplier with an international service network for industrial and municipal plant operators will soon introduce SecureOS. The solution includes next to SecureOS further susietec toolset functionalalities and will support the critical water as well as wastewater infrastructure of millions of people in Central Europe. In this case, SecureOS provides detailed insights into the operating status of the pumps and guarantees continuous monitoring during operation while safeguarding against intruders and surveillance from third parties. Smart additional functions such as automated emergency shutdowns prevent pumps from being damaged or destroyed. Unlike other IoT solutions, Kontron operates from a neutral country safeguarding the highest security standards for infrastructure projects, also endorsed by governmental entities. For Kontron, a leading IoT provider listed on the TecDAX and SDAX of the German Stock Exchange, expanding the product mix with security software will be another driver of gross margin expansion in the coming years. Secure OS and susietec as a whole - together with Kontron's transportation business - comprise fast-growing business segment "Software + Solutions". It amounts to currently below 20% of Kontron's revenues but will turn into the biggest segment by 2025 and will have a revenue share of more than 50% by 2027. SecureOS will further expand its susietec toolset family which now consists of 10 specialized software and 9 hardware products paired with years of expertise. It is ranging from EquipmentCloud which turns factories smart using predictive maintenance and machine learning to newly launched SecureOS which guarantees that embedded hardware devices in the field are secure and up to date. All products communicate seamlessly with each other, and customers can add as many products as needed and as little as they want.Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: €0.28 (vs €0.14 in 2Q 2022)Second quarter 2023 results: EPS: €0.28 (up from €0.14 in 2Q 2022). Revenue: €288.5m (up 15% from 2Q 2022). Net income: €17.4m (up 93% from 2Q 2022). Profit margin: 6.0% (up from 3.6% in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.分析記事 • Aug 04Kontron AG (ETR:SANT) Shares Could Be 24% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Kontron is €27.36 based on 2 Stage Free Cash Flow to Equity Current share...分析記事 • Jun 09Is There Now An Opportunity In Kontron AG (ETR:SANT)?While Kontron AG ( ETR:SANT ) might not be the most widely known stock at the moment, it saw significant share price...お知らせ • Jun 01Kontron and ThinKom Deliver Exceptional Network Flexibility with Readily Available Ka-band SATCOM Antenna PlatformKontron announced its collaboration with ThinKom to demonstrate and make readily available a highly flexible Ka-band SATCOM solution to the avionics market. The multi-modem architecture consists of Kontron's proven ACE Flight 4783 dual modem MODMAN server integrated with ThinKom's ThinAir Ka2517 phased-array satcom antenna system that offers unparalleled service provider agility. airlines and integrators can leverage the open architecture solution, which enables multi-orbit interoperability between GSO and NGSO satellites, to provide more coverage and become entirely network agnostic today, while being future-proof for tomorrow. Kontron's ACE Flight 4783 Dual Modem MODMAN provides unmatched performance in the smallest footprint by combining server and networking-grade hardware with two satellite modems in a compact, ARINC 791/792 4MCU compliant system. To further enhance capabilities, the MODMAN can be expanded by integrating the Auxiliary Modem Unit (AMU) to support a third modem. This allows extra coverage options, such as another GEO modem or incorporating MEO or LEO connectivity for multi-orbit operations. ThinKom's proven and reliable, high-throughput ThinAir Ka2517 antenna seamlessly operates with multiple modems and networks. It delivers robust, highly efficient satellite communications operating across multiple orbits, packaged in a low-profile footprint to minimize drag and save on fuel. Kontron and ThinKom will be exhibiting at AIX in Hamburg, Germany from June 6 - 8, 2023.分析記事 • May 25Kontron's (ETR:SANT) Upcoming Dividend Will Be Larger Than Last Year'sKontron AG's ( ETR:SANT ) dividend will be increasing from last year's payment of the same period to €1.00 on 31st of...お知らせ • May 23+ 1 more updateKontron AG Approves Dividend for Financial Year 2022, Payable on May 31, 2023Kontron AG announced that at its Annual General Meeting held on May 22, 2023, on the back of a strong financial year 2022 in which a net profit of EUR 232.5 million was achieved and the “Focus” project was successfully completed, a dividend of EUR 1.00 (previous year: 35 eurocents) per share was proposed to the Annual General Meeting. The dividend proposal for the 2022 financial year was approved by a large majority. The dividend will be paid out as of Wednesday, May 31st 2023 by crediting the account of the depositary banks. The ex-dividend 2022 will be traded on the stock exchange from Monday, May 29th 2023, and the record date for the dividend will be Tuesday, May 30th 2023.分析記事 • May 06There Are Reasons To Feel Uneasy About Kontron's (ETR:SANT) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...Reported Earnings • May 05First quarter 2023 earnings released: EPS: €0.26 (vs €0.18 in 1Q 2022)First quarter 2023 results: EPS: €0.26 (up from €0.18 in 1Q 2022). Revenue: €289.0m (down 14% from 1Q 2022). Net income: €16.6m (up 43% from 1Q 2022). Profit margin: 5.7% (up from 3.5% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.分析記事 • Apr 04Estimating The Fair Value Of Kontron AG (ETR:SANT)Key Insights The projected fair value for Kontron is €17.26 based on 2 Stage Free Cash Flow to Equity Current share...Reported Earnings • Mar 30Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: €0.19 loss per share (down from €0.76 profit in FY 2021). Revenue: €1.14b (down 16% from FY 2021). Net loss: €12.3m (down 125% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.分析記事 • Feb 08Here's Why We Think Kontron (ETR:SANT) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Major Estimate Revision • Jan 25Consensus EPS estimates increase by 31%The consensus outlook for fiscal year 2022 has been updated. 2022 EPS estimate increased from €1.45 to €1.91. Revenue forecast steady at €1.10b. Net income forecast to grow 46% next year vs 25% growth forecast for IT industry in Germany. Consensus price target of €26.75 unchanged from last update. Share price was steady at €18.19 over the past week.Major Estimate Revision • Jan 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €1.84 to €1.46. Revenue forecast unchanged from €1.10b at last update. Net income forecast to grow 28% next year vs 28% growth forecast for IT industry in Germany. Consensus price target broadly unchanged at €26.75. Share price rose 14% to €18.44 over the past week.お知らせ • Jan 18Kontron AG (XTRA:SANT) completed the acquisition of Arce Mobility Solutions S.A.U. from Kapsch TrafficCom AG (WBAG:KTCG).Kontron AG (XTRA:SANT) agreed to acquire Arce Mobility Solutions from Kapsch TrafficCom AG (WBAG:KTCG) on August 29, 2022. The transaction is subject to regulatory approvals. Kontron AG (XTRA:SANT) completed the acquisition of Arce Mobility Solutions S.A.U. from Kapsch TrafficCom AG (WBAG:KTCG) on January 17, 2023.Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to €18.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the IT industry in Germany. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.01 per share.分析記事 • Jan 17Is There Now An Opportunity In Kontron AG (ETR:SANT)?While Kontron AG ( ETR:SANT ) might not be the most widely known stock at the moment, it saw a significant share price...分析記事 • Dec 18Kontron (ETR:SANT) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Dec 06Kontron's (ETR:SANT) Returns Have Hit A WallIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Nov 20Is There An Opportunity With Kontron AG's (ETR:SANT) 48% Undervaluation?Today we will run through one way of estimating the intrinsic value of Kontron AG ( ETR:SANT ) by projecting its future...Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: €0.089 (vs €0.16 in 3Q 2021)Third quarter 2022 results: EPS: €0.089 (down from €0.16 in 3Q 2021). Revenue: €270.4m (down 16% from 3Q 2021). Net income: €5.65m (down 45% from 3Q 2021). Profit margin: 2.1% (down from 3.2% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.分析記事 • Oct 05Should You Investigate Kontron AG (ETR:SANT) At €15.60?Kontron AG ( ETR:SANT ), might not be a large cap stock, but it saw a decent share price growth in the teens level on...分析記事 • Aug 20Kontron (ETR:SANT) Has Some Way To Go To Become A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Major Estimate Revision • Aug 11Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €1.49b to €1.41b. EPS estimate also fell from €1.06 per share to €0.95 per share. Net income forecast to grow 39% next year vs 27% growth forecast for IT industry in Germany. Consensus price target broadly unchanged at €27.33. Share price rose 10.0% to €16.42 over the past week.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: €0.20 (vs €0.16 in 2Q 2021)Second quarter 2022 results: EPS: €0.20 (up from €0.16 in 2Q 2021). Revenue: €339.6m (up 9.4% from 2Q 2021). Net income: €12.8m (up 23% from 2Q 2021). Profit margin: 3.8% (up from 3.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.8%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.業績と収益の成長予測XTRA:KTN - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20281,946138128209512/31/20271,883134113191712/31/20261,6359316522423/31/20261,63013376156N/A12/31/20251,65213984168N/A9/30/20251,70613663146N/A6/30/20251,73113959132N/A3/31/20251,7599135112N/A12/31/20241,725882899N/A9/30/20241,635851386N/A6/30/20241,500793393N/A3/31/20241,3487550101N/A12/31/20231,2517571117N/A9/30/20231,16516105143N/A6/30/20231,133383123N/A3/31/20231,101-670110N/A12/31/20221,087-12444N/A9/30/20221,09332245N/A6/30/20221,06834-537N/A3/31/2022978301662N/A12/31/20211,024304895N/A9/30/20211,128463276N/A6/30/20211,1865158101N/A3/31/20211,2975670108N/A12/31/20201,27256107141N/A9/30/20201,2225299129N/A6/30/20201,2035193122N/A3/31/20201,1844976103N/A12/31/20191,13849N/A83N/A9/30/20191,09948N/A60N/A6/30/20191,05747N/A40N/A3/31/20191,02747N/A48N/A12/31/20181,00645N/A36N/A9/30/201897036N/A33N/A6/30/201893834N/A34N/A3/31/201891627N/A24N/A12/31/201789523N/A45N/A9/30/201780117N/A59N/A6/30/201769714N/A63N/A3/31/201759514N/A66N/A12/31/201650615N/A61N/A9/30/201646918N/A21N/A6/30/201647916N/A22N/A3/31/201647416N/A35N/A12/31/201547116N/A27N/A9/30/201543714N/A21N/A6/30/201541114N/A20N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: KTNの予測収益成長率 (年間4.7% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: KTNの収益 ( 4.7% ) German市場 ( 16.9% ) よりも低い成長が予測されています。高成長収益: KTNの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: KTNの収益 ( 5.9% ) German市場 ( 6.5% ) よりも低い成長が予測されています。高い収益成長: KTNの収益 ( 5.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: KTNの 自己資本利益率 は、3年後には低くなると予測されています ( 14.6 %)。成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/11 11:53終値2026/05/08 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Kontron AG 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。12 アナリスト機関Daniel LionErste Group Bank AGTim WunderlichHauck Aufhäuser Investment BankingHenrik PaganettyHSBC9 その他のアナリストを表示
分析記事 • Nov 08Kontron AG Recorded A 5.5% Miss On Revenue: Analysts Are Revisiting Their ModelsLast week, you might have seen that Kontron AG ( ETR:SANT ) released its third-quarter result to the market. The early...
Major Estimate Revision • Jul 16Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €1.81 to €2.00. Revenue forecast steady at €1.86b. Net income forecast to grow 39% next year vs 41% growth forecast for IT industry in Germany. Consensus price target broadly unchanged at €31.34. Share price rose 5.0% to €27.92 over the past week.
お知らせ • Jan 22Kontron AG Provides Earnings Guidance for the Years 2024 and 2025Kontron AG provided earnings guidance for the years 2024 and 2025. For the year, the company expects significant organic revenue growth for 2025 to EUR 1.9 billion to EUR 2.0 billion. In terms of operating earnings, Kontron expects even stronger growth to at least EUR 220 million. Preliminary calculations for the 2024 financial year indicate that the ambitious forecast for the 2024 financial year will be achieved. Revenue is expected to exceed EUR 1.7 billion, more than 40% up on the previous year.
分析記事 • Nov 09Here's What Analysts Are Forecasting For Kontron AG (ETR:SANT) After Its Third-Quarter ResultsShareholders of Kontron AG ( ETR:SANT ) will be pleased this week, given that the stock price is up 15% to €17.80...
Major Estimate Revision • Apr 04Consensus revenue estimates increase by 26%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from €1.41b to €1.78b. EPS estimate increased from €1.42 to €1.45 per share. Net income forecast to grow 24% next year vs 26% growth forecast for IT industry in Germany. Consensus price target of €29.21 unchanged from last update. Share price was steady at €20.68 over the past week.
お知らせ • Jan 16+ 1 more updateKontron AG Increases Earnings Guidance for the Financial Year 2023Kontron AG increased earnings guidance for the financial year 2023. For the year, the company announced that all targets have been met – both for the planned revenues of EUR 1,200 million and for the most recent net profit guidance of EUR 72 million. The guidance was already raised twice in the 2023 financial year and Kontron once again expected to have surpassed its targets. This would correspond to significant growth of at least 28% compared to the previous year’s figure of EUR 56 million.
Reported Earnings • May 07First quarter 2026 earnings released: EPS: €0.22 (vs €0.33 in 1Q 2025)First quarter 2026 results: EPS: €0.22 (down from €0.33 in 1Q 2025). Revenue: €382.2m (down 4.0% from 1Q 2025). Net income: €14.0m (down 30% from 1Q 2025). Profit margin: 3.7% (down from 5.0% in 1Q 2025). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 12+ 1 more updateKontron AG to Report First Half, 2026 Results on Aug 06, 2026Kontron AG announced that they will report first half, 2026 results on Aug 06, 2026
分析記事 • Apr 03We Think That There Are Some Issues For Kontron (ETR:KTN) Beyond Its Promising EarningsKontron AG's ( ETR:KTN ) stock didn't jump after it announced some healthy earnings. Our analysis showed that there are...
Reported Earnings • Mar 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €2.26 (up from €1.42 in FY 2024). Revenue: €1.65b (down 4.2% from FY 2024). Net income: €139.2m (up 59% from FY 2024). Profit margin: 8.4% (up from 5.1% in FY 2024). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 7.0%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
分析記事 • Feb 06Do Kontron's (ETR:SANT) Earnings Warrant Your Attention?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
分析記事 • Dec 15Kontron AG's (ETR:SANT) Low P/E No Reason For ExcitementWhen close to half the companies in Germany have price-to-earnings ratios (or "P/E's") above 18x, you may consider...
Buy Or Sell Opportunity • Dec 01Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.3% to €23.10. The fair value is estimated to be €29.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 75%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are forecast to decline by 0.6% per annum over the same time period.
分析記事 • Nov 30Is Kontron (ETR:SANT) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • Nov 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Nov 20+ 1 more updateKontron AG to Report Q1, 2026 Results on May 07, 2026Kontron AG announced that they will report Q1, 2026 results on May 07, 2026
分析記事 • Nov 08Kontron AG Recorded A 5.5% Miss On Revenue: Analysts Are Revisiting Their ModelsLast week, you might have seen that Kontron AG ( ETR:SANT ) released its third-quarter result to the market. The early...
Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: €0.36 (vs €0.39 in 3Q 2024)Third quarter 2025 results: EPS: €0.36 (down from €0.39 in 3Q 2024). Revenue: €411.3m (down 5.8% from 3Q 2024). Net income: €21.9m (down 10% from 3Q 2024). Profit margin: 5.3% (down from 5.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 03An Intrinsic Calculation For Kontron AG (ETR:SANT) Suggests It's 26% UndervaluedKey Insights Using the 2 Stage Free Cash Flow to Equity, Kontron fair value estimate is €30.85 Kontron's €22.68 share...
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €21.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.60 per share.
Buy Or Sell Opportunity • Oct 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €24.92. The fair value is estimated to be €31.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 71%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 0.6% per annum over the same time period.
Buy Or Sell Opportunity • Oct 12Now 20% undervaluedOver the last 90 days, the stock has risen 3.4% to €25.68. The fair value is estimated to be €32.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 71%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 0.6% per annum over the same time period.
分析記事 • Sep 24Returns On Capital At Kontron (ETR:SANT) Paint A Concerning PictureThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
New Risk • Aug 14New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Aug 14Additional Considerations Required While Assessing Kontron's (ETR:SANT) Strong EarningsXTRA:SANT 1 Year Share Price vs Fair Value Explore Kontron's Fair Values from the Community and select yours Last...
New Risk • Aug 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 06Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: €1.12 (up from €0.35 in 2Q 2024). Revenue: €505.3m (up 16% from 2Q 2024). Net income: €68.8m (up 220% from 2Q 2024). Profit margin: 14% (up from 4.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jul 22Now 21% undervaluedOver the last 90 days, the stock has risen 25% to €27.44. The fair value is estimated to be €34.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 63%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Major Estimate Revision • Jul 16Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €1.81 to €2.00. Revenue forecast steady at €1.86b. Net income forecast to grow 39% next year vs 41% growth forecast for IT industry in Germany. Consensus price target broadly unchanged at €31.34. Share price rose 5.0% to €27.92 over the past week.
分析記事 • Jul 11Why Investors Shouldn't Be Surprised By Kontron AG's (ETR:SANT) P/EIt's not a stretch to say that Kontron AG's ( ETR:SANT ) price-to-earnings (or "P/E") ratio of 17.8x right now seems...
分析記事 • Jun 27Does Kontron (ETR:SANT) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Jun 13Kontron AG Announces Board Changes, Effective June 12, 2025Kontron AG announced change of natural-person director. Title and name of the previous position holder: Yolanda Wu. Resume of the previous position holder: The director of Kontron AG. Title and name of the new position holder: Mavis Hong. Resume of the new position holder: Finance expert. Reason for the change: Mavis Hong was elected as a director at the Kontron AG AGM. Effective date of the new appointment: June 12, 2025.
分析記事 • Jun 11Return Trends At Kontron (ETR:SANT) Aren't AppealingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Upcoming Dividend • Jun 10Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.3%). In line with average of industry peers (2.3%).
お知らせ • May 28Kontron Announces VX3406, 3U VPX Card with Six Ethernet PortsKontron announced the VX3406, 3U VPX Ethernet board for harsh environments, the first to offer up to six 1000BASE-T ports each managed by a dedicated Ethernet controller, ensuring zero bandwidth attention, superior fault and cybersecurity isolation, and precise traffic prioritization. Designed for C4ISR systems, unmanned platforms and any connected warfare scenario, the ruggedized, low power consumption VX3406 ensures high resilience, secure segmentation and real-time data handling across harsh environments. The VX3406 integrates a powerful 8-port, 8-lane PCIe Gen3 switch offering users the ability to leverage up to four independent 1G/2.5G ports fully supporting TSN/IEEE1388 along with up to two dedicated 1G copper ports, enabling a total of six concurrent 1000BASE-T ports for unrivalled network expansion. Easy integration of TSN-capable controllers across its multiple independent ports avoids the need for legacy deterministic protocols or external switches, ensuring guaranteed delivery and timing precision for demanding embedded aerospace and defense environments. This makes the VX3406 ideal in use cases where low-latency, deterministic Ethernet communication is a prerequisite, including real-time sensor fusion, mission system coordination, control-loop communications and synchronized audio/video streams. The conduction cooled Kontron VX3406 is now available with an air-cooled variant available on request.
分析記事 • May 24Are Investors Undervaluing Kontron AG (ETR:SANT) By 33%?Key Insights The projected fair value for Kontron is €33.18 based on 2 Stage Free Cash Flow to Equity Kontron is...
Reported Earnings • May 07First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: €0.33 (up from €0.26 in 1Q 2024). Revenue: €400.9m (up 10% from 1Q 2024). Net income: €20.1m (up 24% from 1Q 2024). Profit margin: 5.0% (up from 4.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 6.7%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • May 07Now 22% undervaluedOver the last 90 days, the stock has risen 15% to €22.64. The fair value is estimated to be €28.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 63%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
お知らせ • May 06Kontron AG announces Annual dividend, payable on June 20, 2025Kontron AG announced Annual dividend of EUR 0.6000 per share payable on June 20, 2025, ex-date on June 17, 2025 and record date on June 18, 2025.
Buy Or Sell Opportunity • Apr 04Now 21% undervaluedOver the last 90 days, the stock has risen 5.5% to €20.92. The fair value is estimated to be €26.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.
分析記事 • Mar 07Kontron AG (ETR:SANT) Stock Rockets 25% But Many Are Still Ignoring The CompanyDespite an already strong run, Kontron AG ( ETR:SANT ) shares have been powering on, with a gain of 25% in the last...
分析記事 • Mar 06Here's Why We Think Kontron (ETR:SANT) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Buy Or Sell Opportunity • Mar 04Now 23% undervaluedOver the last 90 days, the stock has risen 18% to €20.54. The fair value is estimated to be €26.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
お知らせ • Jan 22Kontron AG Provides Earnings Guidance for the Years 2024 and 2025Kontron AG provided earnings guidance for the years 2024 and 2025. For the year, the company expects significant organic revenue growth for 2025 to EUR 1.9 billion to EUR 2.0 billion. In terms of operating earnings, Kontron expects even stronger growth to at least EUR 220 million. Preliminary calculations for the 2024 financial year indicate that the ambitious forecast for the 2024 financial year will be achieved. Revenue is expected to exceed EUR 1.7 billion, more than 40% up on the previous year.
お知らせ • Dec 27+ 3 more updatesKontron AG to Report First Half, 2025 Results on Aug 06, 2025Kontron AG announced that they will report first half, 2025 results on Aug 06, 2025
分析記事 • Dec 24Kontron (ETR:SANT) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Dec 12What Is Kontron AG's (ETR:SANT) Share Price Doing?Kontron AG ( ETR:SANT ), is not the largest company out there, but it saw a significant share price rise of 22% in the...
分析記事 • Nov 13Kontron's (ETR:SANT) Earnings Are Of Questionable QualityUnsurprisingly, Kontron AG's ( ETR:SANT ) stock price was strong on the back of its healthy earnings report. We did...
分析記事 • Nov 09Here's What Analysts Are Forecasting For Kontron AG (ETR:SANT) After Its Third-Quarter ResultsShareholders of Kontron AG ( ETR:SANT ) will be pleased this week, given that the stock price is up 15% to €17.80...
Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: €0.39 (vs €0.30 in 3Q 2023)Third quarter 2024 results: EPS: €0.39 (up from €0.30 in 3Q 2023). Revenue: €447.1m (up 46% from 3Q 2023). Net income: €24.4m (up 30% from 3Q 2023). Profit margin: 5.5% (down from 6.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 08Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: €0.35 (up from €0.28 in 2Q 2023). Revenue: €440.4m (up 53% from 2Q 2023). Net income: €21.5m (up 23% from 2Q 2023). Profit margin: 4.9% (down from 6.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 7.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
分析記事 • Aug 05Some Investors May Be Worried About Kontron's (ETR:SANT) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
お知らせ • Jul 09Kontron AG (XTRA:SANT) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on November 8, 2023.Kontron AG (XTRA:SANT) commences share repurchases on July 1, 2024, under the program mandated by the shareholders in the Extraordinary Shareholders Meeting held on November 8, 2023. As per the mandate, the company is authorized to repurchase up to 10% of the issued share capital. The shares will be purchased at a price not more than 10% or above the average market price of the last 5 trading days prior to the acquisition of the shares. The repurchased shares will be sold or held in treasury. The authorization will be valid for a period of 30 months from the date of approval. On June 14, 2024 the company announced a share repurchase program. Under the program, the company will repurchase up to 434,000 shares, representing 0.7% of its share capital, for €10 million. Repurchases of shares may be made up to a price cap of € 23 per share. In addition, the purchase price may not range more than 10% below or above the average price of the last 5 trading days in XETRA trading. The program will commence on July 1, 2024, and last until (and including) December 31, 2024 at the latest.
お知らせ • Jun 02Kontron AG Introduces the XMC-ETH6Kontron AG announced the release of the XMC-ETH6, a high-performance Gigabit Ethernet XMC designed to enhance the networking capabilities of VPX or VME Single Board Computers (SBCs). The XMC-ETH6 features six ports, providing expanded connectivity options and greater flexibility in network configuration. This increased port count allows users to establish a greater number of connections with a single card, resulting in cost and space savings at the system level. The XMC-ETH6 includes four independent 1G/2.5G ports and two independent 1G copper ports, enabling users to meet diverse network requirements. It features six independent Ethernet controllers, four of which support TSN/IEEE1388 PTP for robust and efficient network performance. Equipped with rugged, highly EMC compliant IEC 61076 standard Harting ix front connectors, the XMC-ETH6 ensures reliable and secure connectivity even in demanding environments. The XMC-ETH 6 offers flexible mounting options and is available in both air-cooled and rugged conduction-cooled versions. The air-cooled variant features front panel Ethernet connectors that comply with the IEC 'IX' Ethernet industrial standard, offering easy locking, enhanced robustness and improved EMC resistance. The reduction-cooled version is well-suited for harsh environments such as defence or transportation applications due to its rugged design. Featuring an 8-port, 8-lane PCIe Gen3 switch, the XMC-ETH 6 ensures global reliable bandwidth for high-performance applications, enabling stable and efficient data transfer. A 3U VPX format version is also available on request, with the same interfaces for seamless integration into existing systems.
分析記事 • May 22Is Now The Time To Look At Buying Kontron AG (ETR:SANT)?Kontron AG ( ETR:SANT ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Upcoming Dividend • Apr 30Upcoming dividend of €0.50 per shareEligible shareholders must have bought the stock before 07 May 2024. Payment date: 09 May 2024. Payout ratio is a comfortable 42% and the cash payout ratio is 90%. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).
分析記事 • Apr 07Need To Know: Analysts Are Much More Bullish On Kontron AG (ETR:SANT) RevenuesCelebrations may be in order for Kontron AG ( ETR:SANT ) shareholders, with the analysts delivering a significant...
分析記事 • Apr 05There May Be Underlying Issues With The Quality Of Kontron's (ETR:SANT) EarningsLast week's profit announcement from Kontron AG ( ETR:SANT ) was underwhelming for investors, despite headline numbers...
Major Estimate Revision • Apr 04Consensus revenue estimates increase by 26%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from €1.41b to €1.78b. EPS estimate increased from €1.42 to €1.45 per share. Net income forecast to grow 24% next year vs 26% growth forecast for IT industry in Germany. Consensus price target of €29.21 unchanged from last update. Share price was steady at €20.68 over the past week.
Reported Earnings • Apr 02Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: €1.19 (up from €0.19 loss in FY 2022). Revenue: €1.25b (up 15% from FY 2022). Net income: €75.3m (up €87.5m from FY 2022). Profit margin: 6.0% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
分析記事 • Jan 30We Think Kontron (ETR:SANT) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
お知らせ • Jan 19Kontron AG (XTRA:SANT) concluded an agreement to acquire 59.42656% stake in KATEK SE (XTRA:KTEK) from Primepulse SE for approximately €130 million.Kontron AG (XTRA:SANT) concluded an agreement to acquire 59.42656% stake in KATEK SE (XTRA:KTEK) from Primepulse SE for approximately €130 million on January 18, 2024. Upon completion, Kontron will gain control over KATEK SE and will therefore be obliged to submit a mandatory offer to the shareholders of KATEK SE to acquire all outstanding shares of KATEK SE. The Supervisory Board of KATEK SE and CEO Rainer Koppitz also agreed today that Koppitz will leave the Management Board of KATEK SE by mutual agreement with effect from the end of February 29, 2024 and Johannes Fues, that he will remain on the Management Board for the transitional period until April 30, 2024 and will then also leave on the best of terms. After obtaining control, Kontron Acquisition GmbH aims to delist Katek SE from the regulated market of the Frankfurt Stock Exchange. The closing of this agreement is still subject to conditions precedent, in particular the granting of the necessary antitrust approvals, and is expected to take place in March 2024. Martina Schaaf of RSM Ebner Stolz GmbH acted as advisor to Kontron.
お知らせ • Jan 16+ 1 more updateKontron AG Increases Earnings Guidance for the Financial Year 2023Kontron AG increased earnings guidance for the financial year 2023. For the year, the company announced that all targets have been met – both for the planned revenues of EUR 1,200 million and for the most recent net profit guidance of EUR 72 million. The guidance was already raised twice in the 2023 financial year and Kontron once again expected to have surpassed its targets. This would correspond to significant growth of at least 28% compared to the previous year’s figure of EUR 56 million.
分析記事 • Jan 16Sentiment Still Eluding Kontron AG (ETR:SANT)It's not a stretch to say that Kontron AG's ( ETR:SANT ) price-to-sales (or "P/S") ratio of 1.1x right now seems quite...
分析記事 • Jan 03Kontron (ETR:SANT) Hasn't Managed To Accelerate Its ReturnsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
分析記事 • Dec 20An Intrinsic Calculation For Kontron AG (ETR:SANT) Suggests It's 36% UndervaluedKey Insights Kontron's estimated fair value is €34.52 based on 2 Stage Free Cash Flow to Equity Current share price of...
お知らせ • Dec 03+ 3 more updatesKontron AG to Report First Half, 2024 Results on Aug 07, 2024Kontron AG announced that they will report first half, 2024 results on Aug 07, 2024
Reported Earnings • Nov 05Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: €0.30 (up from €0.089 in 3Q 2022). Revenue: €309.8m (up 15% from 3Q 2022). Net income: €18.8m (up 233% from 3Q 2022). Profit margin: 6.1% (up from 2.1% in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
分析記事 • Oct 11Is Kontron (ETR:SANT) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Sep 15There Are Reasons To Feel Uneasy About Kontron's (ETR:SANT) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
お知らせ • Aug 29Kontron AG (XTRA:SANT) agreed to acquire Hartmann Electronic Gmbh and W-IE-NE-R Power Electronics Corp. from Phoenix Mecano AG (SWX:PMN) for €22.1 million.Kontron AG (XTRA:SANT) agreed to acquire Hartmann Electronic Gmbh and W-IE-NE-R Power Electronics Corp. from Phoenix Mecano AG (SWX:PMN) for €22.1 million on August 28, 2023. The purchase price is €22.1 million subject to adjustment depending on the balance sheet upon closing. Hartmann Electronic and W-IE-NE-R Power Electronics has reported revenues of around €18 million and EBITDA of approximately €3 million in 2022. The closing of the transaction is expected by Q4.
お知らせ • Aug 22Kontron Develops the New Linux Based SecureOS Operating System That Provides Security and Data Protection for IoT Solutions in Critical AreasKontron has developed the new Linux based SecureOS operating system that provides security and data protection for IoT solutions in critical areas. Data security is crucial for Kontron's customers and SecureOS safeguards IoT solutions against remote control by intruders, hackers, or surveillance by third parties. Kontron is broadening its products and solutions mix and has started marketing its new SecureOS software solution against any remote interference in infrastructure projects. It safeguards IoT solutions against new threats from the internet and hostile infrastructure attacks. It can be combined with most of Kontron's product platforms and further expands the susietec toolset family. This solution will not only significantly increase security standards but also cut down OPEX by at least 15%. As a first customer, a leading global supplier with an international service network for industrial and municipal plant operators will soon introduce SecureOS. The solution includes next to SecureOS further susietec toolset functionalalities and will support the critical water as well as wastewater infrastructure of millions of people in Central Europe. In this case, SecureOS provides detailed insights into the operating status of the pumps and guarantees continuous monitoring during operation while safeguarding against intruders and surveillance from third parties. Smart additional functions such as automated emergency shutdowns prevent pumps from being damaged or destroyed. Unlike other IoT solutions, Kontron operates from a neutral country safeguarding the highest security standards for infrastructure projects, also endorsed by governmental entities. For Kontron, a leading IoT provider listed on the TecDAX and SDAX of the German Stock Exchange, expanding the product mix with security software will be another driver of gross margin expansion in the coming years. Secure OS and susietec as a whole - together with Kontron's transportation business - comprise fast-growing business segment "Software + Solutions". It amounts to currently below 20% of Kontron's revenues but will turn into the biggest segment by 2025 and will have a revenue share of more than 50% by 2027. SecureOS will further expand its susietec toolset family which now consists of 10 specialized software and 9 hardware products paired with years of expertise. It is ranging from EquipmentCloud which turns factories smart using predictive maintenance and machine learning to newly launched SecureOS which guarantees that embedded hardware devices in the field are secure and up to date. All products communicate seamlessly with each other, and customers can add as many products as needed and as little as they want.
Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: €0.28 (vs €0.14 in 2Q 2022)Second quarter 2023 results: EPS: €0.28 (up from €0.14 in 2Q 2022). Revenue: €288.5m (up 15% from 2Q 2022). Net income: €17.4m (up 93% from 2Q 2022). Profit margin: 6.0% (up from 3.6% in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
分析記事 • Aug 04Kontron AG (ETR:SANT) Shares Could Be 24% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Kontron is €27.36 based on 2 Stage Free Cash Flow to Equity Current share...
分析記事 • Jun 09Is There Now An Opportunity In Kontron AG (ETR:SANT)?While Kontron AG ( ETR:SANT ) might not be the most widely known stock at the moment, it saw significant share price...
お知らせ • Jun 01Kontron and ThinKom Deliver Exceptional Network Flexibility with Readily Available Ka-band SATCOM Antenna PlatformKontron announced its collaboration with ThinKom to demonstrate and make readily available a highly flexible Ka-band SATCOM solution to the avionics market. The multi-modem architecture consists of Kontron's proven ACE Flight 4783 dual modem MODMAN server integrated with ThinKom's ThinAir Ka2517 phased-array satcom antenna system that offers unparalleled service provider agility. airlines and integrators can leverage the open architecture solution, which enables multi-orbit interoperability between GSO and NGSO satellites, to provide more coverage and become entirely network agnostic today, while being future-proof for tomorrow. Kontron's ACE Flight 4783 Dual Modem MODMAN provides unmatched performance in the smallest footprint by combining server and networking-grade hardware with two satellite modems in a compact, ARINC 791/792 4MCU compliant system. To further enhance capabilities, the MODMAN can be expanded by integrating the Auxiliary Modem Unit (AMU) to support a third modem. This allows extra coverage options, such as another GEO modem or incorporating MEO or LEO connectivity for multi-orbit operations. ThinKom's proven and reliable, high-throughput ThinAir Ka2517 antenna seamlessly operates with multiple modems and networks. It delivers robust, highly efficient satellite communications operating across multiple orbits, packaged in a low-profile footprint to minimize drag and save on fuel. Kontron and ThinKom will be exhibiting at AIX in Hamburg, Germany from June 6 - 8, 2023.
分析記事 • May 25Kontron's (ETR:SANT) Upcoming Dividend Will Be Larger Than Last Year'sKontron AG's ( ETR:SANT ) dividend will be increasing from last year's payment of the same period to €1.00 on 31st of...
お知らせ • May 23+ 1 more updateKontron AG Approves Dividend for Financial Year 2022, Payable on May 31, 2023Kontron AG announced that at its Annual General Meeting held on May 22, 2023, on the back of a strong financial year 2022 in which a net profit of EUR 232.5 million was achieved and the “Focus” project was successfully completed, a dividend of EUR 1.00 (previous year: 35 eurocents) per share was proposed to the Annual General Meeting. The dividend proposal for the 2022 financial year was approved by a large majority. The dividend will be paid out as of Wednesday, May 31st 2023 by crediting the account of the depositary banks. The ex-dividend 2022 will be traded on the stock exchange from Monday, May 29th 2023, and the record date for the dividend will be Tuesday, May 30th 2023.
分析記事 • May 06There Are Reasons To Feel Uneasy About Kontron's (ETR:SANT) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Reported Earnings • May 05First quarter 2023 earnings released: EPS: €0.26 (vs €0.18 in 1Q 2022)First quarter 2023 results: EPS: €0.26 (up from €0.18 in 1Q 2022). Revenue: €289.0m (down 14% from 1Q 2022). Net income: €16.6m (up 43% from 1Q 2022). Profit margin: 5.7% (up from 3.5% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 04Estimating The Fair Value Of Kontron AG (ETR:SANT)Key Insights The projected fair value for Kontron is €17.26 based on 2 Stage Free Cash Flow to Equity Current share...
Reported Earnings • Mar 30Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: €0.19 loss per share (down from €0.76 profit in FY 2021). Revenue: €1.14b (down 16% from FY 2021). Net loss: €12.3m (down 125% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
分析記事 • Feb 08Here's Why We Think Kontron (ETR:SANT) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Major Estimate Revision • Jan 25Consensus EPS estimates increase by 31%The consensus outlook for fiscal year 2022 has been updated. 2022 EPS estimate increased from €1.45 to €1.91. Revenue forecast steady at €1.10b. Net income forecast to grow 46% next year vs 25% growth forecast for IT industry in Germany. Consensus price target of €26.75 unchanged from last update. Share price was steady at €18.19 over the past week.
Major Estimate Revision • Jan 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €1.84 to €1.46. Revenue forecast unchanged from €1.10b at last update. Net income forecast to grow 28% next year vs 28% growth forecast for IT industry in Germany. Consensus price target broadly unchanged at €26.75. Share price rose 14% to €18.44 over the past week.
お知らせ • Jan 18Kontron AG (XTRA:SANT) completed the acquisition of Arce Mobility Solutions S.A.U. from Kapsch TrafficCom AG (WBAG:KTCG).Kontron AG (XTRA:SANT) agreed to acquire Arce Mobility Solutions from Kapsch TrafficCom AG (WBAG:KTCG) on August 29, 2022. The transaction is subject to regulatory approvals. Kontron AG (XTRA:SANT) completed the acquisition of Arce Mobility Solutions S.A.U. from Kapsch TrafficCom AG (WBAG:KTCG) on January 17, 2023.
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to €18.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the IT industry in Germany. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.01 per share.
分析記事 • Jan 17Is There Now An Opportunity In Kontron AG (ETR:SANT)?While Kontron AG ( ETR:SANT ) might not be the most widely known stock at the moment, it saw a significant share price...
分析記事 • Dec 18Kontron (ETR:SANT) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Dec 06Kontron's (ETR:SANT) Returns Have Hit A WallIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Nov 20Is There An Opportunity With Kontron AG's (ETR:SANT) 48% Undervaluation?Today we will run through one way of estimating the intrinsic value of Kontron AG ( ETR:SANT ) by projecting its future...
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: €0.089 (vs €0.16 in 3Q 2021)Third quarter 2022 results: EPS: €0.089 (down from €0.16 in 3Q 2021). Revenue: €270.4m (down 16% from 3Q 2021). Net income: €5.65m (down 45% from 3Q 2021). Profit margin: 2.1% (down from 3.2% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
分析記事 • Oct 05Should You Investigate Kontron AG (ETR:SANT) At €15.60?Kontron AG ( ETR:SANT ), might not be a large cap stock, but it saw a decent share price growth in the teens level on...
分析記事 • Aug 20Kontron (ETR:SANT) Has Some Way To Go To Become A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Major Estimate Revision • Aug 11Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €1.49b to €1.41b. EPS estimate also fell from €1.06 per share to €0.95 per share. Net income forecast to grow 39% next year vs 27% growth forecast for IT industry in Germany. Consensus price target broadly unchanged at €27.33. Share price rose 10.0% to €16.42 over the past week.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: €0.20 (vs €0.16 in 2Q 2021)Second quarter 2022 results: EPS: €0.20 (up from €0.16 in 2Q 2021). Revenue: €339.6m (up 9.4% from 2Q 2021). Net income: €12.8m (up 23% from 2Q 2021). Profit margin: 3.8% (up from 3.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.8%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.