KBX Stock Overview
Knorr-Bremse Aktiengesellschaft develops, produces, markets, and services braking and other systems for rail and commercial vehicles worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||€90.50|
|52 Week High||€117.08|
|52 Week Low||€84.96|
|1 Month Change||3.62%|
|3 Month Change||-3.21%|
|1 Year Change||-20.00%|
|3 Year Change||7.70%|
|5 Year Change||n/a|
|Change since IPO||10.85%|
Recent News & Updates
Returns On Capital Signal Tricky Times Ahead For Knorr-Bremse (ETR:KBX)
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Knorr-Bremse (ETR:KBX) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Knorr-Bremse Aktiengesellschaft (ETR:KBX) Shares Could Be 21% Above Their Intrinsic Value Estimate
Today we will run through one way of estimating the intrinsic value of Knorr-Bremse Aktiengesellschaft ( ETR:KBX ) by...
|KBX||DE Machinery||DE Market|
Return vs Industry: KBX underperformed the German Machinery industry which returned 7.7% over the past year.
Return vs Market: KBX underperformed the German Market which returned 12.1% over the past year.
|KBX Average Weekly Movement||2.9%|
|Machinery Industry Average Movement||4.2%|
|Market Average Movement||5.0%|
|10% most volatile stocks in DE Market||9.8%|
|10% least volatile stocks in DE Market||2.6%|
Stable Share Price: KBX is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: KBX's weekly volatility (3%) has been stable over the past year.
About the Company
Knorr-Bremse Aktiengesellschaft develops, produces, markets, and services braking and other systems for rail and commercial vehicles worldwide. It offers intelligence entrance, power electrics and control technology, digital solutions for optimization of rail traffic, couplers, signal systems, stationary and mobile testing equipment, wiper and wash systems, and sanitary systems for mass transit and long distance rail vehicles. The company also provides electronic brake controls, as well as driver assistance, air supply, and powertrain systems for trucks, buses, trailers, and agricultural machinery.
Knorr-Bremse Fundamentals Summary
|KBX fundamental statistics|
Is KBX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KBX income statement (TTM)|
|Cost of Revenue||€3.36b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 24, 2022
|Earnings per share (EPS)||3.76|
|Net Profit Margin||9.10%|
How did KBX perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is Knorr-Bremse undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KBX (€90.5) is trading above our estimate of fair value (€58.45)
Significantly Below Fair Value: KBX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KBX is poor value based on its PE Ratio (24.1x) compared to the German Machinery industry average (22x).
PE vs Market: KBX is poor value based on its PE Ratio (24.1x) compared to the German market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: KBX is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: KBX is overvalued based on its PB Ratio (6.8x) compared to the DE Machinery industry average (2.4x).
How is Knorr-Bremse forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KBX's forecast earnings growth (8.5% per year) is above the savings rate (-0.01%).
Earnings vs Market: KBX's earnings (8.5% per year) are forecast to grow slower than the German market (10.4% per year).
High Growth Earnings: KBX's earnings are forecast to grow, but not significantly.
Revenue vs Market: KBX's revenue (5.6% per year) is forecast to grow slower than the German market (5.6% per year).
High Growth Revenue: KBX's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KBX's Return on Equity is forecast to be high in 3 years time (26%)
How has Knorr-Bremse performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KBX has high quality earnings.
Growing Profit Margin: KBX's current net profit margins (9.1%) are higher than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: KBX's earnings have declined by 0.2% per year over the past 5 years.
Accelerating Growth: KBX's earnings growth over the past year (15.6%) exceeds its 5-year average (-0.2% per year).
Earnings vs Industry: KBX earnings growth over the past year (15.6%) underperformed the Machinery industry 59.9%.
Return on Equity
High ROE: KBX's Return on Equity (28.4%) is considered high.
How is Knorr-Bremse's financial position?
Financial Position Analysis
Short Term Liabilities: KBX's short term assets (€4.4B) exceed its short term liabilities (€3.2B).
Long Term Liabilities: KBX's short term assets (€4.4B) exceed its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: KBX's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: KBX's debt to equity ratio has increased from 29.3% to 98.9% over the past 5 years.
Debt Coverage: KBX's debt is well covered by operating cash flow (52.6%).
Interest Coverage: KBX's interest payments on its debt are well covered by EBIT (18.8x coverage).
What is Knorr-Bremse current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KBX's dividend (1.68%) is higher than the bottom 25% of dividend payers in the German market (1.02%).
High Dividend: KBX's dividend (1.68%) is low compared to the top 25% of dividend payers in the German market (3.34%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KBX has been paying a dividend for less than 10 years.
Growing Dividend: KBX has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.5%), KBX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KBX's dividends in 3 years are forecast to be well covered by earnings (44.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jan Mrosik (56 yo)
Dr. Jan Michael Mrosik serves as Chairman of the Executive Board and Chief Executive Officer at Knorr-Bremse Aktiengesellschaft since January 01, 2021 and serves its Member of Management Board since Januar...
Experienced Management: KBX's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: KBX's board of directors are considered experienced (4.8 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.
Knorr-Bremse Aktiengesellschaft's employee growth, exchange listings and data sources
- Name: Knorr-Bremse Aktiengesellschaft
- Ticker: KBX
- Exchange: XTRA
- Founded: 1998
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: €14.589b
- Shares outstanding: 161.20m
- Website: https://www.knorr-bremse.com
Number of Employees
- Knorr-Bremse Aktiengesellschaft
- Moosacher Strasse 80
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/17 23:01|
|End of Day Share Price||2022/01/17 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.