K+S Aktiengesellschaft

XTRA:SDF Voorraadrapport

Marktkapitalisatie: €2.7b

K+S Beheer

Beheer criteriumcontroles 3/4

Momenteel beschikken wij niet over voldoende informatie over de CEO.

Belangrijke informatie

Christian Meyer

Algemeen directeur

€2.3m

Totale compensatie

Percentage CEO-salaris34.53%
Dienstverband CEO3.2yrs
Eigendom CEOn/a
Management gemiddelde ambtstermijn2.8yrs
Gemiddelde ambtstermijn bestuur8yrs

Recente managementupdates

Analyseartikel May 08

We Discuss Why K+S Aktiengesellschaft's (ETR:SDF) CEO Compensation May Be Closely Reviewed

Key Insights K+S' Annual General Meeting to take place on 14th of May CEO Burkhard Lohr's total compensation includes...

Recent updates

Narratiefupdate May 20

SDF: Lower Discount Rate And Firmer Margins Will Support Re Rating Potential

Analysts have raised the fair value estimate for K+S from €25.63 to €26.53, citing a series of recent price target increases across the Street and updated assumptions, including a slightly lower discount rate, a reduced revenue growth outlook, higher profit margin expectations, and a lower future P/E multiple. Analyst Commentary Recent Street research around K+S reflects a mix of views, but the fair value increase lines up with a cluster of constructive actions from several bullish analysts alongside selective caution from others.
Analyseartikel May 14

K+S Aktiengesellschaft Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

The first-quarter results for K+S Aktiengesellschaft ( ETR:SDF ) were released last week, making it a good time to...
Narratiefupdate May 05

SDF: Earlier Potash Downturn Will Pressure Margins Despite Recent Rating Shifts

Analysts have raised their average price target for K+S by €0.50 to €10.00, citing a series of recent target increases from major banks and updated assumptions on fair value, discount rates and profit margins. Analyst Commentary Recent research updates show a mixed picture around K+S, with several firms adjusting price targets and at least one issuing a downgrade alongside a higher target.
Narratiefupdate Apr 20

SDF: Weaker Potash Demand Cycle Will Drive Margins And Earnings Downside

Analysts have raised their fair value estimate for K+S from €8.00 to €9.50, reflecting recent increases in Street price targets from Morgan Stanley, Deutsche Bank and JPMorgan, even as some continue to highlight risks to potash demand and margins. Analyst Commentary Recent research updates present a mixed picture for K+S.
Narratiefupdate Apr 05

SDF: Potash Cycle Pullback Risk Will Keep Shares Rangebound

The updated analyst price target for K+S edges higher to €14.64 from €14.56, as analysts factor in recent target increases from several banks, while moderating assumptions on revenue growth and profit margins, and applying a slightly lower discount rate alongside a higher future P/E of 20.31x. Analyst Commentary Recent Street research on K+S shows a mix of optimism around valuation upside and caution around industry risks, resulting in modest price target adjustments rather than wholesale shifts in stance.
Narratiefupdate Mar 22

SDF: Potash Cycle Risks And Dividend Payout Suggest Shares Will Remain Rangebound

The analyst price target for K+S has shifted from €13.95 to about €14.56, with analysts pointing to updated assumptions on discount rates, revenue growth, profit margins, and future P/E. These revisions are informed in part by recent Street research that includes a higher €14.50 target alongside a downgrade to Underperform.
Narratiefupdate Mar 08

SDF: Lower Discount Rate And Firmer Margins Will Support Re Rating

Analysts have nudged their price target on K+S higher by €1.10, citing slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E that together support a modestly stronger valuation case. Analyst Commentary Recent research points to a slightly stronger valuation stance on K+S, with the €1.10 uplift in the price target linked to refreshed views on discount rate assumptions, revenue growth, profit margins and future P/E levels.
Narratiefupdate Feb 22

SDF: Higher Margins And Refined P/E Framework Will Recast This Opportunity

Analysts have lifted their price target on K+S by €1.10, reflecting updated assumptions around discount rates, revenue, profit margins and future P/E expectations. Analyst Commentary Bullish analysts point to the refreshed €1.10 higher price target as a sign that updated models are more aligned with current assumptions on discount rates, revenue, profit margins and future P/E expectations.
Narratiefupdate Feb 08

SDF: Mixed Ratings Suggest Shares Will Likely Trade Within A Cautious Range

The analyst fair value estimate for K+S has increased to €13.95 from €12.61. Analysts attribute this change to updated assumptions for discount rates, revenue growth, margins, and a higher future P/E multiple, as reflected in recent mixed price target changes from major banks.
Narratiefupdate Jan 24

SDF: Higher Forward P/E Assumptions Will Recast This Underappreciated Opportunity

The analyst price target for K+S has moved from about €20.00 to roughly €25.60 per share. Analysts point to updated fair value estimates and revised assumptions on discount rates, revenue growth, profit margins and future P/E multiples as key drivers behind this change.
Analyseartikel Jan 13

Does K+S (ETR:SDF) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narratiefupdate Jan 10

SDF: Lower Forward P E Assumptions Will Drive Further Downside Risk

Analysts have trimmed their price targets on K+S, with recent revisions such as €13 to €12.70 and €11 to €10. This reflects updated views on revenue growth, margins and future P/E assumptions.
Narratiefupdate Dec 26

SDF: Persistent Price Cuts Will Signal Further Downside Risk Ahead

The analyst price target for K+S has been revised modestly lower, to a range of about EUR 10 to EUR 12.70, as analysts factor in softer near term growth expectations, alongside improved margin assumptions and a lower anticipated future price to earnings multiple. Analyst Commentary Bearish analysts have highlighted that the latest price target reductions reflect a more cautious stance on K+S, with limited upside seen from current trading levels.
Analyseartikel Dec 15

Getting In Cheap On K+S Aktiengesellschaft (ETR:SDF) Might Be Difficult

With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Chemicals industry in Germany, you could be...
Narratiefupdate Dec 12

SDF: Persistent Price Target Cuts Will Signal Further Downside Risk Ahead

The analyst price target for K+S has been trimmed from roughly EUR 8.50 to EUR 8.00 as analysts factor in softer revenue growth expectations, despite slightly better margin forecasts and a lower future P E multiple. Analyst Commentary Recent Street research on K+S reflects a broadly cautious stance, with multiple bearish analysts trimming their price targets as they reassess the company outlook.
Narratiefupdate Nov 27

SDF: Shares Will Likely See Limited Upside Amid Ongoing Market Uncertainty

The consensus analyst price target for K+S has been lowered slightly, from approximately €12.72 to €12.61. This change reflects analysts' expectations for slower revenue growth and increased caution on the stock’s future outlook.
Narratiefupdate Nov 13

SDF: Shares Will Likely Remain Rangebound Amid Market Caution And Modest Outlook

Analysts have reduced their price target for K+S, lowering the fair value estimate from EUR 13.66 to EUR 12.72. This adjustment reflects more cautious projections based on updated revenue growth and profit margin expectations.
Narratiefupdate Sep 23

Global Demand Will Transform The Potash Fertilizer Sector

K+S’s consensus price target was revised down to €13.66 as analysts cite fading momentum, weaker industry demand, and lower earnings forecasts, partially offset by improved operational efficiency. Analyst Commentary Bearish analysts cite fading positive momentum and recommend profit-taking after recent gains.
Analyseartikel Sep 09

Does K+S (ETR:SDF) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narratiefupdate Aug 27

Global Demand Will Transform The Potash Fertilizer Sector

K+S’s consensus price target has been revised down from €14.53 to €13.99 amid divergent analyst sentiment reflecting improved potash market fundamentals on one hand and concerns over limited upside, fading momentum, and fertilizer demand volatility on the other. Analyst Commentary Bullish analysts have increased price targets due to improved potash market fundamentals and expectations of higher realized prices.
Analyseartikel May 16

Earnings Update: K+S Aktiengesellschaft (ETR:SDF) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

K+S Aktiengesellschaft ( ETR:SDF ) last week reported its latest first-quarter results, which makes it a good time for...
Analyseartikel May 08

We Discuss Why K+S Aktiengesellschaft's (ETR:SDF) CEO Compensation May Be Closely Reviewed

Key Insights K+S' Annual General Meeting to take place on 14th of May CEO Burkhard Lohr's total compensation includes...
Analyseartikel May 04

K+S Aktiengesellschaft's (ETR:SDF) 25% Share Price Surge Not Quite Adding Up

K+S Aktiengesellschaft ( ETR:SDF ) shareholders would be excited to see that the share price has had a great month...
Analyseartikel Apr 05

K+S' (ETR:SDF) Dividend Is Being Reduced To €0.15

K+S Aktiengesellschaft ( ETR:SDF ) has announced that on 19th of May, it will be paying a dividend of€0.15, which a...
Analyseartikel Jan 31

Revenues Not Telling The Story For K+S Aktiengesellschaft (ETR:SDF) After Shares Rise 29%

K+S Aktiengesellschaft ( ETR:SDF ) shareholders would be excited to see that the share price has had a great month...
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Nieuw narratief Jan 22

Werra 2060 Project Will Cut Emissions And Extend Operations By 10 Years

Increasing production at Bethune and demands for potash are expected to boost revenues and improve cash cost efficiencies.
Analyseartikel Jan 08

Here's Why K+S (ETR:SDF) Has A Meaningful Debt Burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analyseartikel Dec 18

Should You Think About Buying K+S Aktiengesellschaft (ETR:SDF) Now?

While K+S Aktiengesellschaft ( ETR:SDF ) might not have the largest market cap around , it saw a double-digit share...
Analyseartikel Nov 17

The K+S Aktiengesellschaft (ETR:SDF) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

A week ago, K+S Aktiengesellschaft ( ETR:SDF ) came out with a strong set of quarterly numbers that could potentially...
Analyseartikel Aug 21

We Think You Can Look Beyond K+S' (ETR:SDF) Lackluster Earnings

The market for K+S Aktiengesellschaft's ( ETR:SDF ) shares didn't move much after it posted weak earnings recently. We...
Analyseartikel Aug 17

Analysts Are Updating Their K+S Aktiengesellschaft (ETR:SDF) Estimates After Its Half-Year Results

Shareholders might have noticed that K+S Aktiengesellschaft ( ETR:SDF ) filed its interim result this time last week...
Analyseartikel Apr 27

K+S Aktiengesellschaft's (ETR:SDF) Shareholders Might Be Looking For Exit

There wouldn't be many who think K+S Aktiengesellschaft's ( ETR:SDF ) price-to-sales (or "P/S") ratio of 0.6x is worth...
Analyseartikel Apr 05

Is There Now An Opportunity In K+S Aktiengesellschaft (ETR:SDF)?

K+S Aktiengesellschaft ( ETR:SDF ), might not be a large cap stock, but it saw a significant share price rise of 21% in...
Analyseartikel Mar 04

These 4 Measures Indicate That K+S (ETR:SDF) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analyseartikel Dec 28

Is Now An Opportune Moment To Examine K+S Aktiengesellschaft (ETR:SDF)?

K+S Aktiengesellschaft ( ETR:SDF ), is not the largest company out there, but it saw significant share price movement...
Analyseartikel Dec 07

K+S Aktiengesellschaft's (ETR:SDF) Intrinsic Value Is Potentially 25% Below Its Share Price

Key Insights K+S' estimated fair value is €10.35 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analyseartikel Nov 07

Here's Why K+S (ETR:SDF) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analyseartikel Sep 20

Should You Investigate K+S Aktiengesellschaft (ETR:SDF) At €17.62?

K+S Aktiengesellschaft ( ETR:SDF ), might not be a large cap stock, but it saw a decent share price growth in the teens...
Analyseartikel Aug 21

K+S Aktiengesellschaft's (ETR:SDF) Intrinsic Value Is Potentially 83% Above Its Share Price

Key Insights K+S' estimated fair value is €31.98 based on 2 Stage Free Cash Flow to Equity K+S' €17.52 share price...
Analyseartikel Jul 31

K+S (ETR:SDF) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analyseartikel May 28

At €16.16, Is It Time To Put K+S Aktiengesellschaft (ETR:SDF) On Your Watch List?

K+S Aktiengesellschaft ( ETR:SDF ), might not be a large cap stock, but it received a lot of attention from a...
Analyseartikel May 01

These 4 Measures Indicate That K+S (ETR:SDF) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Analyse CEO-vergoeding

Hoe is Christian Meyer's beloning veranderd ten opzichte van K+S's winst?
DatumTotale vergoedingSalarisBedrijfswinsten
Mar 31 2026n/an/a

-€1b

Dec 31 2025€2m€778k

-€1b

Sep 30 2025n/an/a

-€2b

Jun 30 2025n/an/a

-€2b

Mar 31 2025n/an/a

€100k

Dec 31 2024€1m€679k

-€67m

Sep 30 2024n/an/a

€26m

Jun 30 2024n/an/a

€4m

Mar 31 2024n/an/a

-€35m

Dec 31 2023€896k€541k

€210m

Compensatie versus markt: De totale vergoeding ($USD 2.63M ) Christian } is ongeveer het gemiddelde voor bedrijven van vergelijkbare omvang in de German markt ($USD 2.24M ).

Compensatie versus inkomsten: De vergoeding van Christian is gestegen terwijl het bedrijf verliesgevend is.


CEO

Christian Meyer (54 yo)

3.2yrs
Tenure
€2,254,100
Compensatie

Dr. Christian H. Meyer was Chief Financial Officer until May 31, 2024 and Member of Board of Executive Directors of K+S Aktiengesellschaft from March 15, 2023 and serves as Its Chairman of Board of Executi...


Leiderschapsteam

NaamPositieTenureCompensatieEigendom
Christian Meyer
Chairman of Board of Executive Directors3.2yrs€2.25mgeen gegevens
Carin-Martina Troltzsch
Deputy Chair of the Board of Executive Directors3.3yrs€1.95mgeen gegevens
Jens Keuthen
CFO & Head of Legal1.3yrs€1.11mgeen gegevens
Christina Daske
Labor Director & Member of Board of Executive Directors2.4yrs€1.61mgeen gegevens
Julia Bock
Head of Investor Relationsno datageen gegevensgeen gegevens
Katja Seeger
Head of Online & Project Communicationsno datageen gegevensgeen gegevens
Hans-Jürgen Müller
Head of Representative Office Berlinno datageen gegevensgeen gegevens
Ingo Nieke
Head of Power Plantno datageen gegevensgeen gegevens
Dirk Heinrich
Head of Production & Technology Above Ground - Borth Plantno datageen gegevensgeen gegevens
2.8yrs
Gemiddelde duur
49.5yo
Gemiddelde leeftijd

Ervaren management: Het managementteam van SDF wordt beschouwd als ervaren (gemiddelde ambtstermijn 2.8 jaar).


Bestuursleden

NaamPositieTenureCompensatieEigendom
Ralf Bethke
Honorary Chairman of the Supervisory Board9yrs€106.58kgeen gegevens
Ralf Becker
Employee Representative Deputy Chairman of Supervisory Board16.8yrs€176.50kgeen gegevens
Thomas Kolbl
Independent Employee Representative Deputy Chairman of Supervisory Board9yrs€183.50kgeen gegevens
Harald Schwager
Independent Chairman of the Supervisory Board1yr€164.60kgeen gegevens
Burkhard Lohr
Honorary Chairman of the Supervisory Board1.3yrs€2.11mgeen gegevens
Rainier van Roessel
Independent Member of Supervisory Board5.9yrs€93.50kgeen gegevens
Michael Knackmuß
Employee Representative Supervisory Board Member11.8yrs€96.00kgeen gegevens
Elke Eller
Independent Member of Supervisory Board8yrs€101.00kgeen gegevens
Gerd Kübler
Employee Representative Supervisory Board Member10.3yrs€85.00kgeen gegevens
Christiane Holz
Independent Member of Supervisory Board3yrs€121.00kgeen gegevens
Petra Adolph
Employee Representative Member of Supervisory Board8yrs€116.00kgeen gegevens
André Bahn
Employee Representative Member of Supervisory Board8yrs€111.00kgeen gegevens
8.0yrs
Gemiddelde duur
61.5yo
Gemiddelde leeftijd

Ervaren bestuur: De raad van bestuur van SDF wordt beschouwd als ervaren (gemiddelde ambtstermijn 8 jaar).


Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/05/29 14:37
Aandelenkoers aan het einde van de dag2026/05/29 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

K+S Aktiengesellschaft wordt gevolgd door 43 analisten. 14 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
Stephen WilderAlliance Global Partners
Konstantin WiechertBaader Helvea Equity Research
Knut WollerBaader Helvea Equity Research