Klingelnberg AG engages in the development, manufacture, and sale of machines for the production of bevel and cylindrical gears, and measuring centers for axially symmetrical objects of various types worldwide.
Very undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Klingelnberg's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KLIN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KLIN underperformed the Swiss Machinery industry which returned 1.7% over the past year.
Return vs Market: KLIN underperformed the Swiss Market which returned 3% over the past year.
Price Volatility Vs. Market
How volatile is Klingelnberg's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StKlingelnberg AG (VTX:KLIN) Earns Among The Best Returns In Its Industry
3 weeks ago | Simply Wall StIs Klingelnberg AG's (VTX:KLIN) 11% ROE Better Than Average?
1 month ago | Simply Wall StInvestors Who Bought Klingelnberg (VTX:KLIN) Shares A Year Ago Are Now Down 72%
Is Klingelnberg undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KLIN (CHF12.9) is trading below our estimate of fair value (CHF59.46)
Significantly Below Fair Value: KLIN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KLIN is good value based on its PE Ratio (6.7x) compared to the Machinery industry average (19.1x).
PE vs Market: KLIN is good value based on its PE Ratio (6.7x) compared to the Swiss market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: KLIN is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: KLIN is good value based on its PB Ratio (0.7x) compared to the CH Machinery industry average (2x).
How is Klingelnberg forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KLIN's forecast earnings growth (46.2% per year) is above the savings rate (-0.2%).
Earnings vs Market: KLIN's earnings (46.2% per year) are forecast to grow faster than the Swiss market (8.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KLIN's revenue (12.2% per year) is forecast to grow faster than the Swiss market (2.4% per year).
High Growth Revenue: KLIN's revenue (12.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KLIN's Return on Equity is forecast to be low in 3 years time (6.2%).
How has Klingelnberg performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: KLIN has high quality earnings.
Growing Profit Margin: KLIN's current net profit margins (5.9%) are higher than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if KLIN's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare KLIN's past year earnings growth to its 5-year average.
Earnings vs Industry: KLIN earnings growth over the past year (9.1%) exceeded the Machinery industry 0.5%.
Return on Equity
High ROE: KLIN's Return on Equity (10.7%) is considered low.
How is Klingelnberg's financial position?
Financial Position Analysis
Short Term Liabilities: KLIN's short term assets (€180.3M) exceed its short term liabilities (€80.2M).
Long Term Liabilities: KLIN's short term assets (€180.3M) exceed its long term liabilities (€21.2M).
Debt to Equity History and Analysis
Debt Level: KLIN's debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KLIN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KLIN's debt is well covered by operating cash flow (44.4%).
Interest Coverage: KLIN's interest payments on its debt are well covered by EBIT (109.7x coverage).
What is Klingelnberg's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KLIN's dividend (7.44%) is higher than the bottom 25% of dividend payers in the Swiss market (1.93%).
High Dividend: KLIN's dividend (7.44%) is in the top 25% of dividend payers in the Swiss market (3.91%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether KLIN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if KLIN's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.8%), KLIN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KLIN's dividends in 3 years are forecast to be covered by earnings (65.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jan Klingelnberg (48yo)
Mr. Jan Klingelnberg is the Chief Executive Officer of Klingelnberg AG since 2004. Mr. Klingelnberg serves as the Chief Executive Officer and Managing Director of Klingelnberg GmbH and served as its Chairm ...
CEO Compensation Analysis
Compensation vs Market: Jan's total compensation ($USD837.46K) is above average for companies of similar size in the Swiss market ($USD537.17K).
Compensation vs Earnings: Insufficient data to compare Jan's compensation with company performance.
|Chief Executive Officer||16.42yrs||€805.14k||no data|
|Chief Finance Officer||5.42yrs||no data||no data|
|Chief Operating Officer||5.42yrs||no data||no data|
Experienced Management: KLIN's management team is seasoned and experienced (5.4 years average tenure).
|Chairman of the Board||2.42yrs||€164.97k||no data|
Experienced Board: KLIN's board of directors are considered experienced (7.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Klingelnberg AG's company bio, employee growth, exchange listings and data sources
- Name: Klingelnberg AG
- Ticker: KLIN
- Exchange: SWX
- Founded: 1863
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: CHF114.036m
- Shares outstanding: 8.84m
- Website: https://www.klingelnberg.com
Number of Employees
- Klingelnberg AG
- Binzmuhlestrasse 171
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KLIN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Jun 2018|
|2MK||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Jun 2018|
Klingelnberg AG engages in the development, manufacture, and sale of machines for the production of bevel and cylindrical gears, and measuring centers for axially symmetrical objects of various types worldwide. The company offers bevel gear cutting machines, bevel gear grinding machines, bevel gear lapping machines, and bevel gear testing machines, as well as related software, tools and fixtures, and tool management products. It also provides cylindrical gear cutting machines, cylindrical gear grinding machines, machining products, and related software; and precision measuring centers, optical metrology products, tool measurement products, roughness measurement products, and deviation analysis and additional application products, as well as dimension, form, and position measurement products. In addition, the company offers high-precision gear components and after sale services. It serves automotive, maritime propulsion, rail, mining/materials handling, oil and gas, agriculture, racing transmission, robot, aviation, and wind power industries, as well as crusher gearboxes, commercial vehicles, industrial gear units, and contract manufacturers. Klingelnberg AG was founded in 1863 and is headquartered in Zurich, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 01:25|
|End of Day Share Price||2020/05/29 00:00|
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.