View ValuationKION GROUP 향후 성장Future 기준 점검 3/6KION GROUP (는) 각각 연간 21.4% 및 5.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 21.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 9.3% 로 예상됩니다.핵심 정보21.4%이익 성장률21.56%EPS 성장률Machinery 이익 성장23.8%매출 성장률5.4%향후 자기자본이익률9.32%애널리스트 커버리지Good마지막 업데이트04 May 2026최근 향후 성장 업데이트공시 • May 02KION GROUP AG Provides Earnings Guidance for the Year 2025KION GROUP AG provided earnings guidance for the year 2025. For the year, the company expects Revenue to be €10,900 million - €11,700 million.모든 업데이트 보기Recent updatesUpcoming Dividend • 23hUpcoming dividend of €0.62 per shareEligible shareholders must have bought the stock before 29 May 2026. Payment date: 02 June 2026. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Italian dividend payers (4.5%). Higher than average of industry peers (1.0%).New Risk • May 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change).Reported Earnings • May 05First quarter 2026 earnings released: EPS: €0.69 (vs €0.36 loss in 1Q 2025)First quarter 2026 results: EPS: €0.69 (up from €0.36 loss in 1Q 2025). Revenue: €2.77b (flat on 1Q 2025). Net income: €89.9m (up €137.7m from 1Q 2025). Profit margin: 3.2% (up from net loss in 1Q 2025). 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 Machinery industry in Italy. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.Declared Dividend • Apr 19Dividend reduced to €0.62Dividend of €0.62 is 24% lower than last year. Ex-date: 29th May 2026 Payment date: 2nd June 2026 Dividend yield will be 1.3%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 1.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 119% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 17+ 1 more updateKION GROUP AG, Annual General Meeting, May 28, 2026KION GROUP AG, Annual General Meeting, May 28, 2026, at 10:00 W. Europe Standard Time.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €48.76, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Machinery industry in Italy. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €87.31 per share.New Risk • Feb 28New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 72% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Profit margins are more than 30% lower than last year (2.0% net profit margin).Reported Earnings • Feb 27Full year 2025 earnings released: EPS: €1.76 (vs €2.75 in FY 2024)Full year 2025 results: EPS: €1.76 (down from €2.75 in FY 2024). Revenue: €11.3b (down 1.8% from FY 2024). Net income: €230.1m (down 36% from FY 2024). Profit margin: 2.0% (down from 3.1% in FY 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.Buy Or Sell Opportunity • Feb 11Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €63.40. The fair value is estimated to be €79.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 37% per annum over the same time period.공시 • Dec 12+ 2 more updatesKION GROUP AG to Report Q2, 2026 Results on Jul 30, 2026KION GROUP AG announced that they will report Q2, 2026 results on Jul 30, 2026New Risk • Nov 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.공시 • Oct 14KION GROUP AG to Report Fiscal Year 2025 Results on Feb 26, 2026KION GROUP AG announced that they will report fiscal year 2025 results on Feb 26, 2026Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: €0.72 (vs €0.52 in 2Q 2024)Second quarter 2025 results: EPS: €0.72 (up from €0.52 in 2Q 2024). Revenue: €2.71b (down 5.9% from 2Q 2024). Net income: €94.5m (up 39% from 2Q 2024). Profit margin: 3.5% (up from 2.4% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.New Risk • Jul 04New major risk - Revenue and earnings growthEarnings have declined by 5.6% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings have declined by 5.6% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin).New Risk • Jun 25New major risk - Revenue and earnings growthEarnings have declined by 5.6% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings have declined by 5.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.8% net profit margin).공시 • May 29+ 1 more updateKION GROUP AG Approves DividendKION GROUP AG announced that the majority of shareholders approved all of the proposals put forward by the Supervisory Board and Executive Board, including the dividend distribution of €0.82 per share (previous year: €0.70 per share), which corresponds to a payout ratio of around 30%.Upcoming Dividend • May 21Upcoming dividend of €0.82 per shareEligible shareholders must have bought the stock before 28 May 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.6%).New Risk • May 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.8% net profit margin).공시 • May 02KION GROUP AG Provides Earnings Guidance for the Year 2025KION GROUP AG provided earnings guidance for the year 2025. For the year, the company expects Revenue to be €10,900 million - €11,700 million.Reported Earnings • May 02First quarter 2025 earnings released: €0.36 loss per share (vs €0.83 profit in 1Q 2024)First quarter 2025 results: €0.36 loss per share (down from €0.83 profit in 1Q 2024). Revenue: €2.79b (down 2.5% from 1Q 2024). Net loss: €47.8m (down 144% from profit in 1Q 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Italy. 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 9% per year, which means it is significantly lagging earnings.공시 • Apr 09KION GROUP AG Announces Board ChangesKION GROUP AG announced the current Chairman of the Supervisory Board, Hans Peter Ring, will not be available for re-election at the Annual General Meeting when his term of office expires on May 27, 2025. The candidate to succeed him is Dr. Mohsen Sohi. Dr. Sohi, born in 1959, is currently CEO of Freudenberg SE and Spokesman of the Board of Management of Freudenberg & Co. Kommanditgesellschaft and has extensive experience in the management of internationally oriented companies. Previously, Dr. Sohi was President and CEO of Freudenberg-NOK General Partnership in Plymouth, Michigan (USA) and held executive positions at NCR Corporation and Honeywell. He holds an MBA from the Wharton School of Management, University of Pennsylvania, Philadelphia (USA) and a Doctor of Science in Mechanical Engineering from Washington University, St. Louis, Missouri (USA). The terms of office of Supervisory Board members Jiang Kui, Dr. Christina Reuter and Xu Ping will also end on 27 May 2025. Jiang Kui is available for a further term. In addition, Dr. Nicolas Peter will resign from his office as a member of the Supervisory Board with effect from the end of the Annual General Meeting on 27 May 2025. Additionally, the election of Dr. Sun Shaojun, who was appointed to the Supervisory Board in October 2024 is on the agenda. Elections of six shareholder representatives to the Supervisory Board are therefore required at the Annual General Meeting.공시 • Apr 08KION GROUP AG, Annual General Meeting, May 27, 2025KION GROUP AG, Annual General Meeting, May 27, 2025, at 10:00 W. Europe Standard Time.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €31.55, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Machinery industry in Italy. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €61.48 per share.이익 및 매출 성장 예측BIT:1KGX - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202813,0246478231,2481112/31/202712,4495617091,1341412/31/202611,7444156921,062143/31/202611,2813687511,124N/A12/31/202511,2972307361,132N/A9/30/202511,2682727141,152N/A6/30/202511,2632306941,147N/A3/31/202511,4322046961,157N/A12/31/202411,5033607081,171N/A9/30/202411,5223327901,240N/A6/30/202411,5533406641,127N/A3/31/202411,5123436551,110N/A12/31/202311,4343067011,144N/A9/30/202311,240258570981N/A6/30/202311,21627391471N/A3/31/202311,18291-195182N/A12/31/202211,13698-729-346N/A9/30/202211,004205-574-187N/A6/30/202210,863246-36511N/A3/31/202210,654511-162195N/A12/31/202110,294568548882N/A9/30/20219,875503405698N/A6/30/20219,382452690967N/A3/31/20218,689283659920N/A12/31/20208,342215243527N/A9/30/20208,283255489778N/A6/30/20208,370289469774N/A3/31/20208,751431341654N/A12/31/20198,807455N/A846N/A9/30/20198,750493N/A744N/A6/30/20198,485471N/A731N/A3/31/20198,236424N/A835N/A12/31/20187,996400N/A766N/A9/30/20187,734444N/A640N/A6/30/20187,670425N/A578N/A3/31/20187,640450N/A650N/A12/31/20177,598421N/A712N/A9/30/20177,374306N/A562N/A6/30/20176,825294N/A576N/A3/31/20176,168253N/A506N/A12/31/20165,587246N/A414N/A9/30/20165,288236N/A297N/A6/30/20165,242220N/A360N/A3/31/20165,154209N/A431N/A12/31/20155,098217N/A455N/A9/30/20154,963202N/A652N/A6/30/20154,865210N/A624N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 1KGX 의 연간 예상 수익 증가율(21.4%)이 saving rate(3.3%)보다 높습니다.수익 vs 시장: 1KGX 의 연간 수익(21.4%)이 Italian 시장(11.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 1KGX 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 1KGX 의 수익(연간 5.4%)이 Italian 시장(연간 5.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 1KGX 의 수익(연간 5.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 1KGX의 자본 수익률은 3년 후 9.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 22:24종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 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 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 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 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스KION GROUP AG는 29명의 분석가가 다루고 있습니다. 이 중 14명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Timothy LeeBarclaysLasse StuebenBerenbergPhilippe LorrainBernstein26명의 분석가 더 보기
공시 • May 02KION GROUP AG Provides Earnings Guidance for the Year 2025KION GROUP AG provided earnings guidance for the year 2025. For the year, the company expects Revenue to be €10,900 million - €11,700 million.
Upcoming Dividend • 23hUpcoming dividend of €0.62 per shareEligible shareholders must have bought the stock before 29 May 2026. Payment date: 02 June 2026. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Italian dividend payers (4.5%). Higher than average of industry peers (1.0%).
New Risk • May 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change).
Reported Earnings • May 05First quarter 2026 earnings released: EPS: €0.69 (vs €0.36 loss in 1Q 2025)First quarter 2026 results: EPS: €0.69 (up from €0.36 loss in 1Q 2025). Revenue: €2.77b (flat on 1Q 2025). Net income: €89.9m (up €137.7m from 1Q 2025). Profit margin: 3.2% (up from net loss in 1Q 2025). 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 Machinery industry in Italy. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.
Declared Dividend • Apr 19Dividend reduced to €0.62Dividend of €0.62 is 24% lower than last year. Ex-date: 29th May 2026 Payment date: 2nd June 2026 Dividend yield will be 1.3%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 1.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 119% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 17+ 1 more updateKION GROUP AG, Annual General Meeting, May 28, 2026KION GROUP AG, Annual General Meeting, May 28, 2026, at 10:00 W. Europe Standard Time.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €48.76, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Machinery industry in Italy. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €87.31 per share.
New Risk • Feb 28New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 72% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Profit margins are more than 30% lower than last year (2.0% net profit margin).
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: €1.76 (vs €2.75 in FY 2024)Full year 2025 results: EPS: €1.76 (down from €2.75 in FY 2024). Revenue: €11.3b (down 1.8% from FY 2024). Net income: €230.1m (down 36% from FY 2024). Profit margin: 2.0% (down from 3.1% in FY 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.
Buy Or Sell Opportunity • Feb 11Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €63.40. The fair value is estimated to be €79.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 37% per annum over the same time period.
공시 • Dec 12+ 2 more updatesKION GROUP AG to Report Q2, 2026 Results on Jul 30, 2026KION GROUP AG announced that they will report Q2, 2026 results on Jul 30, 2026
New Risk • Nov 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
공시 • Oct 14KION GROUP AG to Report Fiscal Year 2025 Results on Feb 26, 2026KION GROUP AG announced that they will report fiscal year 2025 results on Feb 26, 2026
Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: €0.72 (vs €0.52 in 2Q 2024)Second quarter 2025 results: EPS: €0.72 (up from €0.52 in 2Q 2024). Revenue: €2.71b (down 5.9% from 2Q 2024). Net income: €94.5m (up 39% from 2Q 2024). Profit margin: 3.5% (up from 2.4% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 04New major risk - Revenue and earnings growthEarnings have declined by 5.6% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings have declined by 5.6% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin).
New Risk • Jun 25New major risk - Revenue and earnings growthEarnings have declined by 5.6% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings have declined by 5.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.8% net profit margin).
공시 • May 29+ 1 more updateKION GROUP AG Approves DividendKION GROUP AG announced that the majority of shareholders approved all of the proposals put forward by the Supervisory Board and Executive Board, including the dividend distribution of €0.82 per share (previous year: €0.70 per share), which corresponds to a payout ratio of around 30%.
Upcoming Dividend • May 21Upcoming dividend of €0.82 per shareEligible shareholders must have bought the stock before 28 May 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.6%).
New Risk • May 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.8% net profit margin).
공시 • May 02KION GROUP AG Provides Earnings Guidance for the Year 2025KION GROUP AG provided earnings guidance for the year 2025. For the year, the company expects Revenue to be €10,900 million - €11,700 million.
Reported Earnings • May 02First quarter 2025 earnings released: €0.36 loss per share (vs €0.83 profit in 1Q 2024)First quarter 2025 results: €0.36 loss per share (down from €0.83 profit in 1Q 2024). Revenue: €2.79b (down 2.5% from 1Q 2024). Net loss: €47.8m (down 144% from profit in 1Q 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Italy. 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 9% per year, which means it is significantly lagging earnings.
공시 • Apr 09KION GROUP AG Announces Board ChangesKION GROUP AG announced the current Chairman of the Supervisory Board, Hans Peter Ring, will not be available for re-election at the Annual General Meeting when his term of office expires on May 27, 2025. The candidate to succeed him is Dr. Mohsen Sohi. Dr. Sohi, born in 1959, is currently CEO of Freudenberg SE and Spokesman of the Board of Management of Freudenberg & Co. Kommanditgesellschaft and has extensive experience in the management of internationally oriented companies. Previously, Dr. Sohi was President and CEO of Freudenberg-NOK General Partnership in Plymouth, Michigan (USA) and held executive positions at NCR Corporation and Honeywell. He holds an MBA from the Wharton School of Management, University of Pennsylvania, Philadelphia (USA) and a Doctor of Science in Mechanical Engineering from Washington University, St. Louis, Missouri (USA). The terms of office of Supervisory Board members Jiang Kui, Dr. Christina Reuter and Xu Ping will also end on 27 May 2025. Jiang Kui is available for a further term. In addition, Dr. Nicolas Peter will resign from his office as a member of the Supervisory Board with effect from the end of the Annual General Meeting on 27 May 2025. Additionally, the election of Dr. Sun Shaojun, who was appointed to the Supervisory Board in October 2024 is on the agenda. Elections of six shareholder representatives to the Supervisory Board are therefore required at the Annual General Meeting.
공시 • Apr 08KION GROUP AG, Annual General Meeting, May 27, 2025KION GROUP AG, Annual General Meeting, May 27, 2025, at 10:00 W. Europe Standard Time.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €31.55, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Machinery industry in Italy. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €61.48 per share.