Knorr-Bremse AG

XTRA:KBX 주식 리포트

시가총액: €16.2b

Knorr-Bremse 향후 성장

Future 기준 점검 3/6

Knorr-Bremse (는) 각각 연간 18.5% 및 5.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 19% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 22.3% 로 예상됩니다.

핵심 정보

18.5%

이익 성장률

19.02%

EPS 성장률

Machinery 이익 성장22.1%
매출 성장률5.5%
향후 자기자본이익률22.34%
애널리스트 커버리지

Good

마지막 업데이트11 Aug 2026

최근 향후 성장 업데이트

분석 기사 • May 11

Knorr-Bremse AG Just Missed EPS By 6.5%: Here's What Analysts Think Will Happen Next

It's shaping up to be a tough period for Knorr-Bremse AG ( ETR:KBX ), which a week ago released some disappointing...
분석 기사 • Nov 02

Knorr-Bremse AG Just Missed Earnings - But Analysts Have Updated Their Models

It's shaping up to be a tough period for Knorr-Bremse AG ( ETR:KBX ), which a week ago released some disappointing...

Recent updates

내러티브 업데이트 • Jul 30

KBX: Higher Rail Expectations Will Increase Downside Risk From Margin Execution

Knorr-Bremse's updated fair value estimate has increased to €93.71 from €91.85. This change reflects analysts' slightly stronger assumptions on revenue growth and valuation multiples, following a series of recent price target increases to €108, €116 and €126.
내러티브 업데이트 • Jul 14

KBX: Rail And Truck Cycles Will Support Future Margin Upside

The updated analyst price target for Knorr-Bremse moves modestly higher to about €116.53 from about €113.67. This reflects analysts' recent target raises that are linked to adjusted fair value estimates, a slightly lower discount rate, steadier revenue growth assumptions, a marginally higher profit margin outlook, and a reduced future P/E expectation.
내러티브 업데이트 • Jun 30

KBX: Raised Fair Value Estimate And 2026 Guidance Confirmation Should Support Upside

Knorr-Bremse's updated analyst fair value estimate has moved from €129.0 to €133.0, supported by recent Street research that raised price targets to €108, €116 and €123 as analysts highlight the stock's pricing relative to their views on its quality. Analyst Commentary Recent Street research on Knorr-Bremse shows a cluster of higher fair value opinions, with price targets ranging from €108 to €123.
내러티브 업데이트 • Jun 16

KBX: Upgraded Rail Outlook Will Expose Risk In Margin Execution

The analyst price target for Knorr-Bremse has moved higher to €123, up from €116. Analysts attribute this change to what they consider an inexpensive valuation for the stock, given its perceived quality in the capital goods sector.
내러티브 업데이트 • Jun 01

KBX: Strong 2026 Cycle Execution And Q1 Performance Should Support Upside

Knorr-Bremse's analyst fair value estimate has been lifted from €125 to €129, as analysts point to recent price target increases from several banks and describe the stock as inexpensive for a high-quality capital goods company. Analyst Commentary Recent Street research has tilted more positive on Knorr-Bremse, with several bullish analysts lifting fair value estimates and price targets.
내러티브 업데이트 • May 13

KBX: Rail Strength And Truck Recovery Will Drive Future Margin Delivery

Knorr-Bremse's updated analyst price target moves from €100.58 to €113.67. This reflects analysts' revised assumptions for higher revenue growth and profit margins, as seen in a series of recent target increases and list additions from major banks.
분석 기사 • May 11

Knorr-Bremse AG Just Missed EPS By 6.5%: Here's What Analysts Think Will Happen Next

It's shaping up to be a tough period for Knorr-Bremse AG ( ETR:KBX ), which a week ago released some disappointing...
내러티브 업데이트 • Apr 23

KBX: Rail And Truck Cycle Exposure Will Shape Bullish 2026 Outlook

Analysts have raised the Knorr-Bremse price target to €125, with the change mainly supported by higher assumptions for revenue growth and profit margins, alongside Street research highlighting rail growth, truck cycle exposure and multiple recent target increases from major banks. Analyst Commentary Recent Street research has tilted firmly positive, with several bullish analysts lifting their price targets and, in some cases, backing that up with high conviction ratings.
내러티브 업데이트 • Apr 09

KBX: Rail Optimism Will Expose Risk In Truck Cycle Execution

Knorr-Bremse's updated analyst price target has edged higher, in line with modestly adjusted fair value and cash flow inputs. Analysts highlight the company's rail growth profile and potential cyclical support from trucks, reflected in a series of recent price target lifts to a range of about €112 to €131.
내러티브 업데이트 • Mar 25

KBX: Rich Rail Hopes Will Expose Truck Cycle Recovery Execution Risk

Analysts have lifted their price targets for Knorr-Bremse into a roughly €112 to €131 range, citing stronger expectations for rail growth, potential truck cycle recovery, and a willingness to apply higher future P/E multiples, despite mixed views from some houses. Analyst Commentary Recent research on Knorr-Bremse points to a wide but generally constructive range of price targets, with large houses setting reference levels between €112 and €131.
내러티브 업데이트 • Mar 09

KBX: Elevated Rail And Truck Hopes Will Magnify Execution Downside Risk

Analysts have lifted their average price targets on Knorr-Bremse to a range of roughly €116 to €131, citing stronger expectations around rail growth, a potential cyclical recovery in trucks, and improved profitability assumptions, alongside a slightly lower discount rate and reduced future P/E. Analyst Commentary Recent research on Knorr-Bremse points to a generally constructive stance on the shares, with several large banks revisiting their models and valuation frameworks.
내러티브 업데이트 • Feb 23

KBX: Updated 2026 Guidance And Long-Term P/E Assumptions Will Frame Balanced Outlook

Analysts have raised their price target on Knorr-Bremse from €110 to €125, citing updated assumptions for revenue growth, profit margins and long-term P/E, even as some recent research, such as the DZ Bank downgrade, reflects a more cautious stance. Analyst Commentary Bullish analysts are framing the higher €125 price target as a sign that they see the current valuation as leaving room for upside if management delivers on its plans.
내러티브 업데이트 • Feb 09

KBX: Higher Assumed P/E Will Drive Downside Risk From Execution Missteps

Analysts now see fair value for Knorr-Bremse at €86.00, up from €82.31, reflecting updated assumptions on revenue growth, profit margins and a higher future P/E, even as some recent research, such as DZ Bank's downgrade, has turned more cautious on the shares. Analyst Commentary Recent research carries a more cautious tone around Knorr-Bremse, with bearish analysts questioning how much upside is left at the current fair value level of €86.00.
분석 기사 • Feb 02

Is Knorr-Bremse (ETR:KBX) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
내러티브 업데이트 • Jan 25

KBX: Fair Outlook Will Rest On 2025 Margin Delivery

Narrative Update on Knorr-Bremse The analyst price target for Knorr-Bremse has been revised higher from about €89.67 to €100.58, with analysts pointing to updated assumptions on fair value and P/E, alongside recent Street targets in the €91 to €94 range, as key inputs to the new view. Analyst Commentary Recent Street research on Knorr-Bremse sits in a relatively tight band, with price targets clustered around €91 to €94.
분석 기사 • Jan 18

Investors Still Waiting For A Pull Back In Knorr-Bremse AG (ETR:KBX)

With a price-to-earnings (or "P/E") ratio of 37.2x Knorr-Bremse AG ( ETR:KBX ) may be sending very bearish signals at...
내러티브 업데이트 • Jan 11

KBX: Confirmed 2025 Guidance And Higher Assumed P/E Will Support Upside Potential

We are nudging our fair value estimate for Knorr-Bremse to €110 from €108, reflecting analysts' slightly lower price targets, including recent moves to €91 and €94, and updated assumptions on growth, margins and future P/E levels. Analyst Commentary Recent Street research on Knorr-Bremse has centered on modestly revised price targets that still sit meaningfully below our updated fair value estimate of €110.
내러티브 업데이트 • Dec 27

KBX: Margin Discipline And Confirmed 2025 Guidance Will Support Upside Potential

We raise our Knorr-Bremse fair value estimate to EUR 108 from EUR 104. This reflects analysts' slightly lower but still constructive price targets, as well as expectations for modestly softer revenue growth offset by a firmer profit margin and a lower future valuation multiple.
내러티브 업데이트 • Dec 13

KBX: Future Margin Execution Will Drive Downside Risk At Current Levels

Analysts have modestly lifted their fair value estimate for Knorr-Bremse from EUR 66.82 to EUR 82.31, reflecting slightly higher discount rates and valuation multiples despite recent small cuts to official price targets. Analyst Commentary Recent Street research has been characterized by marginally lower price targets and a generally cautious tone, even as the stock continues to trade near prior valuation ranges.
내러티브 업데이트 • Nov 28

KBX: Outlook Will Balance Margin Pressures With Execution And Market Stability

Knorr-Bremse's analyst fair value estimate has increased modestly to €89.67. Analysts cite slightly lower growth and profit expectations, which are partially offset by recent price target adjustments by major firms.
분석 기사 • Nov 25

Is Now An Opportune Moment To Examine Knorr-Bremse AG (ETR:KBX)?

Knorr-Bremse AG ( ETR:KBX ) saw significant share price movement during recent months on the XTRA, rising to highs of...
분석 기사 • Nov 02

Knorr-Bremse AG Just Missed Earnings - But Analysts Have Updated Their Models

It's shaping up to be a tough period for Knorr-Bremse AG ( ETR:KBX ), which a week ago released some disappointing...
분석 기사 • Oct 31

Some Investors May Be Worried About Knorr-Bremse's (ETR:KBX) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Oct 17

These 4 Measures Indicate That Knorr-Bremse (ETR:KBX) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Sep 08

The Price Is Right For Knorr-Bremse AG (ETR:KBX)

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") below 18x, you may consider...
User avatar
새로운 내러티브 • Nov 12

Sustainable Boosts And Rail Demand Drive Growth Amid Market Challenges

Strong order intake and rail sector demand, especially in Asia Pacific, indicate potential future revenue growth and positive market positioning.

이익 및 매출 성장 예측

XTRA:KBX - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
12/31/20289,2509509361,36610
12/31/20278,7748678241,24311
12/31/20268,3167217251,15014
6/30/20268,0305858941,241N/A
3/31/20267,8885527771,116N/A
12/31/20257,9065347861,116N/A
9/30/20257,9194358021,119N/A
6/30/20257,9534228211,145N/A
3/31/20257,9704268311,156N/A
12/31/20247,9964457011,042N/A
9/30/20248,0866007041,068N/A
6/30/20248,1136007501,118N/A
3/31/20248,1105786251,004N/A
12/31/20238,039553540915N/A
9/30/20237,914496500848N/A
6/30/20237,771511311663N/A
3/31/20237,495495242594N/A
12/31/20227,255489189542N/A
9/30/20226,99651643455N/A
6/30/20226,785517190599N/A
3/31/20226,772576359758N/A
12/31/20216,789621581975N/A
9/30/20216,6556067981,155N/A
6/30/20216,5985927971,141N/A
3/31/20216,2975307131,060N/A
12/31/20206,2334956741,036N/A
9/30/20206,290524491801N/A
6/30/20206,470482467794N/A
3/31/20206,886540N/A900N/A
12/31/20197,010588N/A986N/A
9/30/20196,995561N/A956N/A
6/30/20196,954653N/A787N/A
3/31/20196,811628N/A733N/A
12/31/20186,664593N/A726N/A
9/30/20186,634650N/A674N/A
6/30/20186,537583N/A729N/A
3/31/20186,313564N/A661N/A
12/31/20176,185536N/A680N/A
12/31/20165,495485N/A709N/A
12/31/20155,831568N/A913N/A

애널리스트 향후 성장 전망

수입 대 저축률: KBX 의 연간 예상 수익 증가율(18.5%)이 saving rate(2.1%)보다 높습니다.

수익 vs 시장: KBX 의 연간 수익(18.5%)이 German 시장(15.5%)보다 빠르게 성장할 것으로 예상됩니다.

고성장 수익: KBX 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.

수익 대 시장: KBX 의 수익(연간 5.5%)이 German 시장(연간 6.6%)보다 느리게 성장할 것으로 예상됩니다.

고성장 매출: KBX 의 수익(연간 5.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: KBX의 자본 수익률은 3년 후 22.3%로 높을 것으로 예상됩니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/08/13 09:43
종가2026/08/13 00:00
수익2026/06/30
연간 수익2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.

Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.

산업 및 섹터 지표

산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.

분석가 소스

Knorr-Bremse AG는 21명의 분석가가 다루고 있습니다. 이 중 14명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Vladimir SergievskiiBarclays
Yasmin SteilenBerenberg
Christoph BlieffertBNP Paribas