NOT FOR DISTRIBUTION
Header cover image

Kuehne + Nagel International

Market Cap

CHF33.3b

Last Updated

2021/05/07 00:31 UTC

Data Sources

Company Financials +

Executive Summary

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. More Details


Snowflake Analysis

Excellent balance sheet with solid track record and pays a dividend.


Similar Companies

Share Price & News

How has Kuehne + Nagel International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KNIN is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: KNIN's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.1%

KNIN

4.7%

CH Shipping

0.3%

CH Market


1 Year Return

103.7%

KNIN

71.3%

CH Shipping

16.1%

CH Market

Return vs Industry: KNIN exceeded the Swiss Shipping industry which returned 66% over the past year.

Return vs Market: KNIN exceeded the Swiss Market which returned 17% over the past year.


Shareholder returns

KNINIndustryMarket
7 Day2.1%4.7%0.3%
30 Day3.4%9.7%-0.5%
90 Day37.4%33.2%3.9%
1 Year111.9%103.7%75.7%71.3%19.6%16.1%
3 Year96.8%81.2%103.3%77.3%29.6%14.7%
5 Year142.5%107.5%168.7%125.3%61.4%31.9%

Long-Term Price Volatility Vs. Market

How volatile is Kuehne + Nagel International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kuehne + Nagel International undervalued compared to its fair value and its price relative to the market?

34.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KNIN (CHF278.7) is trading above our estimate of fair value (CHF271.68)

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


Price To Earnings Ratio

PE vs Industry: KNIN is poor value based on its PE Ratio (34.4x) compared to the XE Shipping industry average (18.5x).

PE vs Market: KNIN is poor value based on its PE Ratio (34.4x) compared to the Swiss market (24.4x).


Price to Earnings Growth Ratio

PEG Ratio: KNIN is poor value based on its PEG Ratio (17.8x)


Price to Book Ratio

PB vs Industry: KNIN is overvalued based on its PB Ratio (11.6x) compared to the XE Shipping industry average (1.1x).


Future Growth

How is Kuehne + Nagel International forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

1.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KNIN's forecast earnings growth (1.9% per year) is above the savings rate (-0.3%).

Earnings vs Market: KNIN's earnings (1.9% per year) are forecast to grow slower than the Swiss market (13.3% per year).

High Growth Earnings: KNIN's earnings are forecast to grow, but not significantly.

Revenue vs Market: KNIN's revenue (3.2% per year) is forecast to grow slower than the Swiss market (4.6% per year).

High Growth Revenue: KNIN's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KNIN's Return on Equity is forecast to be high in 3 years time (30%)


Past Performance

How has Kuehne + Nagel International performed over the past 5 years?

3.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KNIN has high quality earnings.

Growing Profit Margin: KNIN's current net profit margins (4.5%) are higher than last year (3.6%).


Past Earnings Growth Analysis

Earnings Trend: KNIN's earnings have grown by 3.5% per year over the past 5 years.

Accelerating Growth: KNIN's earnings growth over the past year (27.9%) exceeds its 5-year average (3.5% per year).

Earnings vs Industry: KNIN earnings growth over the past year (27.9%) underperformed the Shipping industry 59.2%.


Return on Equity

High ROE: KNIN's Return on Equity (33.7%) is considered high.


Financial Health

How is Kuehne + Nagel International's financial position?


Financial Position Analysis

Short Term Liabilities: KNIN's short term assets (CHF6.7B) exceed its short term liabilities (CHF5.6B).

Long Term Liabilities: KNIN's short term assets (CHF6.7B) exceed its long term liabilities (CHF2.1B).


Debt to Equity History and Analysis

Debt Level: KNIN's debt to equity ratio (14.9%) is considered satisfactory.

Reducing Debt: KNIN's debt to equity ratio has increased from 0.1% to 14.9% over the past 5 years.

Debt Coverage: KNIN's debt is well covered by operating cash flow (430.3%).

Interest Coverage: KNIN's interest payments on its debt are well covered by EBIT (81.3x coverage).


Balance Sheet


Dividend

What is Kuehne + Nagel International current dividend yield, its reliability and sustainability?

1.61%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KNIN's dividend (1.61%) is higher than the bottom 25% of dividend payers in the Swiss market (1.55%).

High Dividend: KNIN's dividend (1.61%) is low compared to the top 25% of dividend payers in the Swiss market (3.56%).


Stability and Growth of Payments

Stable Dividend: KNIN's dividend payments have been volatile in the past 10 years.

Growing Dividend: KNIN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.6%), KNIN's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KNIN's dividends in 3 years are forecast to be covered by earnings (68.9% payout ratio).


Next Steps

Management

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

7.3yrs

Average management tenure


CEO

Detlef Trefzger (58 yo)

7.75yrs

Tenure

CHF3,677,000

Compensation

Dr. Detlef A. Trefzger has been the Chief Executive Officer and Chairman of Management Board of Kuehne + Nagel International AG since August 15, 2013 and has been its Member of Management Board since March...


CEO Compensation Analysis

Compensation vs Market: Detlef's total compensation ($USD4.05M) is below average for companies of similar size in the Swiss market ($USD5.79M).

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


Leadership Team

Experienced Management: KNIN's management team is seasoned and experienced (7.3 years average tenure).


Board Members

Experienced Board: KNIN's board of directors are considered experienced (5 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

Kuehne + Nagel International AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kuehne + Nagel International AG
  • Ticker: KNIN
  • Exchange: SWX
  • Founded: 1890
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: CHF33.328b
  • Shares outstanding: 119.58m
  • Website: https://www.kuehne-nagel.com

Number of Employees


Location

  • Kuehne + Nagel International AG
  • Kuehne + Nagel House
  • PO Box 67
  • Schindellegi
  • Schwyz
  • 8834
  • Switzerland

Listings


Biography

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 00:31
End of Day Share Price2021/05/06 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.