Kuehne + Nagel International AG

SWX:KNIN Stock Report

Market Cap: CHF 24.0b

Kuehne + Nagel International Valuation

Is KNIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KNIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KNIN (CHF202.5) is trading below our estimate of fair value (CHF539.65)

Significantly Below Fair Value: KNIN is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for KNIN?

Key metric: As KNIN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KNIN. This is calculated by dividing KNIN's market cap by their current earnings.
What is KNIN's PE Ratio?
PE Ratio20.9x
EarningsCHF 1.15b
Market CapCHF 23.96b

Price to Earnings Ratio vs Peers

How does KNIN's PE Ratio compare to its peers?

The above table shows the PE ratio for KNIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.6x
HLAG Hapag-Lloyd
18.4x-11.9%€27.0b
MAERSK B A.P. Møller - Mærsk
7x-80.4%DKK 176.5b
1919 COSCO SHIPPING Holdings
4.4x-30.9%HK$233.5b
2603 Evergreen Marine Corporation (Taiwan)
4.4x-21.1%NT$497.0b
KNIN Kuehne + Nagel International
20.9x7.0%CHF 24.0b

Price-To-Earnings vs Peers: KNIN is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the peer average (8.6x).


Price to Earnings Ratio vs Industry

How does KNIN's PE Ratio compare vs other companies in the European Shipping Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KNIN 20.9xIndustry Avg. 7.4xNo. of Companies6PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KNIN is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the European Shipping industry average (7.4x).


Price to Earnings Ratio vs Fair Ratio

What is KNIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KNIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.9x
Fair PE Ratio22.6x

Price-To-Earnings vs Fair Ratio: KNIN is good value based on its Price-To-Earnings Ratio (20.9x) compared to the estimated Fair Price-To-Earnings Ratio (22.6x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KNIN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 202.50
CHF 224.71
+11.0%
13.2%CHF 275.00CHF 178.00n/a17
Dec ’25CHF 210.60
CHF 232.18
+10.2%
12.3%CHF 275.00CHF 178.00n/a17
Nov ’25CHF 217.50
CHF 236.24
+8.6%
13.9%CHF 315.00CHF 180.00n/a17
Oct ’25CHF 227.40
CHF 248.06
+9.1%
14.8%CHF 315.00CHF 180.00n/a16
Sep ’25CHF 263.10
CHF 254.00
-3.5%
15.3%CHF 315.00CHF 180.00n/a15
Aug ’25CHF 272.50
CHF 253.33
-7.0%
15.6%CHF 315.00CHF 180.00n/a15
Jul ’25CHF 261.50
CHF 243.38
-6.9%
16.0%CHF 308.00CHF 180.00n/a15
Jun ’25CHF 255.50
CHF 244.25
-4.4%
16.2%CHF 308.00CHF 180.00n/a15
May ’25CHF 243.70
CHF 243.91
+0.09%
16.8%CHF 308.00CHF 170.00n/a15
Apr ’25CHF 251.00
CHF 244.92
-2.4%
17.9%CHF 335.00CHF 170.00n/a16
Mar ’25CHF 257.30
CHF 251.88
-2.1%
16.8%CHF 335.00CHF 200.00n/a16
Feb ’25CHF 290.40
CHF 254.47
-12.4%
15.1%CHF 335.00CHF 200.00n/a15
Jan ’25CHF 289.80
CHF 252.20
-13.0%
11.7%CHF 300.00CHF 200.00n/a15
Dec ’24CHF 255.90
CHF 247.00
-3.5%
14.0%CHF 315.00CHF 200.00CHF 210.6014
Nov ’24CHF 241.80
CHF 246.86
+2.1%
14.0%CHF 315.00CHF 200.00CHF 217.5014
Oct ’24CHF 261.00
CHF 247.36
-5.2%
13.6%CHF 315.00CHF 193.00CHF 227.4014
Sep ’24CHF 260.70
CHF 250.79
-3.8%
13.7%CHF 315.00CHF 193.00CHF 263.1014
Aug ’24CHF 272.40
CHF 249.36
-8.5%
13.6%CHF 315.00CHF 193.00CHF 272.5014
Jul ’24CHF 264.70
CHF 243.36
-8.1%
15.6%CHF 315.00CHF 187.00CHF 261.5014
Jun ’24CHF 258.80
CHF 245.54
-5.1%
17.8%CHF 325.00CHF 187.00CHF 255.5013
May ’24CHF 263.90
CHF 243.08
-7.9%
18.9%CHF 325.00CHF 185.00CHF 243.7013
Apr ’24CHF 271.90
CHF 234.23
-13.9%
17.9%CHF 310.00CHF 180.00CHF 251.0013
Mar ’24CHF 253.30
CHF 224.15
-11.5%
15.3%CHF 280.00CHF 175.00CHF 257.3013
Feb ’24CHF 223.50
CHF 231.08
+3.4%
19.0%CHF 340.00CHF 175.00CHF 290.4013
Jan ’24CHF 215.20
CHF 244.50
+13.6%
20.9%CHF 340.00CHF 175.00CHF 289.8014
Dec ’23CHF 229.90
CHF 252.54
+9.8%
21.6%CHF 340.00CHF 175.00CHF 255.9013

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 08:40
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kuehne + Nagel International AG is covered by 41 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Heinz SteffenAlphaValue
Gerhard SchwarzBaader Helvea Equity Research
Michael FoethBank Vontobel AG