ENXTBR:KIN

Stock Analysis Report

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Executive Summary

Kinepolis Group NV operates cinema complexes in Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland, Poland, Canada, and the United States. More Details


Snowflake Analysis

High growth potential with poor track record.


Similar Companies

Share Price & News

How has Kinepolis Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KIN is more volatile than 90% of Belgian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: KIN's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Belgian stocks.


Market Performance


7 Day Return

10.0%

KIN

-1.4%

BE Entertainment

2.1%

BE Market


1 Year Return

-36.1%

KIN

9.8%

BE Entertainment

-9.3%

BE Market

Return vs Industry: KIN underperformed the Belgian Entertainment industry which returned 11.4% over the past year.

Return vs Market: KIN underperformed the Belgian Market which returned -11.5% over the past year.


Shareholder returns

KINIndustryMarket
7 Day10.0%-1.4%2.1%
30 Day86.3%-0.08%12.4%
90 Day19.2%3.0%9.3%
1 Year-36.1%-36.1%11.5%9.8%-8.1%-9.3%
3 Year-32.9%-34.4%-4.2%-14.8%-14.6%-19.4%
5 Year4.5%-0.6%51.6%19.8%-16.0%-24.0%

Long-Term Price Volatility Vs. Market

How volatile is Kinepolis Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kinepolis Group undervalued compared to its fair value and its price relative to the market?

176.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KIN (€38.5) is trading above our estimate of fair value (€26.79)

Significantly Below Fair Value: KIN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: KIN is poor value based on its PE Ratio (172.5x) compared to the XE Entertainment industry average (35.8x).

PE vs Market: KIN is poor value based on its PE Ratio (172.5x) compared to the Belgian market (15x).


Price to Earnings Growth Ratio

PEG Ratio: KIN is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: KIN is overvalued based on its PB Ratio (5.8x) compared to the XE Entertainment industry average (4.1x).


Next Steps

Future Growth

How is Kinepolis Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

86.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KIN's forecast earnings growth (86.9% per year) is above the savings rate (1.6%).

Earnings vs Market: KIN's earnings (86.9% per year) are forecast to grow faster than the Belgian market (29.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: KIN's revenue (19.4% per year) is forecast to grow faster than the Belgian market (6.9% per year).

High Growth Revenue: KIN's revenue (19.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KIN's Return on Equity is forecast to be high in 3 years time (34.4%)


Next Steps

Past Performance

How has Kinepolis Group performed over the past 5 years?

2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KIN has a large one-off gain of €3.2M impacting its June 30 2020 financial results.

Growing Profit Margin: KIN's current net profit margins (1.4%) are lower than last year (9.6%).


Past Earnings Growth Analysis

Earnings Trend: KIN's earnings have grown by 2.7% per year over the past 5 years.

Accelerating Growth: KIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: KIN had negative earnings growth (-87.3%) over the past year, making it difficult to compare to the Entertainment industry average (60.1%).


Return on Equity

High ROE: KIN's Return on Equity (3.3%) is considered low.


Next Steps

Financial Health

How is Kinepolis Group's financial position?


Financial Position Analysis

Short Term Liabilities: KIN's short term assets (€180.5M) do not cover its short term liabilities (€246.7M).

Long Term Liabilities: KIN's short term assets (€180.5M) do not cover its long term liabilities (€874.7M).


Debt to Equity History and Analysis

Debt Level: KIN's debt to equity ratio (341%) is considered high.

Reducing Debt: KIN's debt to equity ratio has increased from 163.1% to 341% over the past 5 years.

Debt Coverage: KIN's debt is not well covered by operating cash flow (14%).

Interest Coverage: KIN's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Kinepolis Group current dividend yield, its reliability and sustainability?

1.50%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KIN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KIN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KIN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: KIN is not paying a notable dividend for the Belgian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KIN's dividend in 3 years as they are not forecast to pay a notable one for the Belgian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.7yrs

Average management tenure


CEO

Eddy Duquenne (58 yo)

12.83yrs

Tenure

€1,176,492

Compensation

Mr. Eddy Duquenne has been the Chief Executive Officer of Kinepolis Group NV since January 1, 2008 and serves as its Managing Director since 2020. Mr. Duquenne gained substantial expertise in the general m...


CEO Compensation Analysis

Compensation vs Market: Eddy's total compensation ($USD1.40M) is above average for companies of similar size in the Belgian market ($USD759.04K).

Compensation vs Earnings: Eddy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Eddy Duquenne
CEO, MD & director12.83yrs€1.18mno data
Nicolas De Clercq
Chief Financial Officer8.67yrsno datano data
Tine Duyck
Executive Assistant CFO & IR Coordinatorno datano datano data
Nick Vanderplancke
International Human Resources Directorno datano datano data
Eric Berghe
Managing Director of Kinepolis Real Estate7yrsno datano data

8.7yrs

Average Tenure

Experienced Management: KIN's management team is seasoned and experienced (8.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eddy Duquenne
CEO, MD & director12.83yrs€1.18mno data
Geert Vanderstappen
Director12.67yrs€48.25kno data
Joost Bert
Chairman2.5yrs€568.16k1.83%
€ 19.4m
Ignace Van Doorselaere
Independent Director3.5yrs€41.50kno data
Philippe Ghekiere
Vice Chairman2.5yrs€100.00kno data
Marion Debruyne
Independent Director11.5yrs€32.50kno data
Marleen Vaesen
Independent Director2.5yrs€44.50kno data
Sonja Rottiers
Independent Director2.5yrs€53.50kno data

3.0yrs

Average Tenure

58yo

Average Age

Experienced Board: KIN's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kinepolis Group NV's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kinepolis Group NV
  • Ticker: KIN
  • Exchange: ENXTBR
  • Founded:
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: €1.061b
  • Shares outstanding: 26.87m
  • Website: https://www.kinepolis.com

Number of Employees


Location

  • Kinepolis Group NV
  • Eeuwfeestlaan 20
  • Brussels
  • Brussels
  • 1020
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KINENXTBR (Euronext Brussels)YesRegistered SharesBEEURApr 1998
0QV7LSE (London Stock Exchange)YesRegistered SharesGBEURApr 1998
KINBBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURApr 1998
KPSNDB (Deutsche Boerse AG)NPVDEEURJul 2014

Biography

Kinepolis Group NV operates cinema complexes in Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland, Poland, Canada, and the United States. The company sells cinema tickets, as well as events ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/25 21:55
End of Day Share Price2020/11/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.