Klöckner & Co
Market Cap
€774.1m
Last Updated
2021/01/16 20:52 UTC
Data Sources
Company Financials +
Executive Summary
Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. More Details
Rewards
Risk Analysis
No risks detected for KCO from our risk checks.
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Klöckner & Co's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KCO is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: KCO's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-3.5%
KCO
-2.0%
DE Trade Distributors
-1.2%
DE Market
1 Year Return
33.1%
KCO
33.9%
DE Trade Distributors
2.3%
DE Market
Return vs Industry: KCO matched the German Trade Distributors industry which returned 33.8% over the past year.
Return vs Market: KCO exceeded the German Market which returned 2.3% over the past year.
Shareholder returns
| KCO | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.5% | -2.0% | -1.2% |
| 30 Day | -9.8% | 2.4% | 1.8% |
| 90 Day | 33.9% | 19.7% | 8.1% |
| 1 Year | 33.1%33.1% | 37.1%33.9% | 5.6%2.3% |
| 3 Year | -19.7%-26.3% | 25.5%16.3% | 3.6%-5.5% |
| 5 Year | 13.0%1.6% | 63.1%44.8% | 41.3%21.3% |
Long-Term Price Volatility Vs. Market
How volatile is Klöckner & Co's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Klöckner & Co (ETR:KCO) Share Prices Have Dropped 24% In The Last Three Years2 months ago | Simply Wall St
Earnings Update: Klöckner & Co SE (ETR:KCO) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts2 months ago | Simply Wall St
Is Klöckner & Co (ETR:KCO) Weighed On By Its Debt Load?Valuation
Is Klöckner & Co undervalued compared to its fair value and its price relative to the market?
0.78x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: KCO (€7.76) is trading above our estimate of fair value (€2.89)
Significantly Below Fair Value: KCO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KCO is unprofitable, so we can't compare its PE Ratio to the DE Trade Distributors industry average.
PE vs Market: KCO is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KCO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KCO is good value based on its PB Ratio (0.8x) compared to the DE Trade Distributors industry average (1.4x).
Next Steps
Future Growth
How is Klöckner & Co forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
103.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KCO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.07%).
Earnings vs Market: KCO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: KCO's is expected to become profitable in the next 3 years.
Revenue vs Market: KCO's revenue (3.2% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: KCO'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: KCO's Return on Equity is forecast to be low in 3 years time (5%).
Next Steps
Past Performance
How has Klöckner & Co performed over the past 5 years?
20.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KCO is currently unprofitable.
Growing Profit Margin: KCO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KCO is unprofitable, but has reduced losses over the past 5 years at a rate of 20.7% per year.
Accelerating Growth: Unable to compare KCO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KCO is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (-25.9%).
Return on Equity
High ROE: KCO has a negative Return on Equity (-18.3%), as it is currently unprofitable.
Next Steps
Financial Health
How is Klöckner & Co's financial position?
Financial Position Analysis
Short Term Liabilities: KCO's short term assets (€1.8B) exceed its short term liabilities (€999.7M).
Long Term Liabilities: KCO's short term assets (€1.8B) exceed its long term liabilities (€654.0M).
Debt to Equity History and Analysis
Debt Level: KCO's debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: KCO's debt to equity ratio has reduced from 58.8% to 35.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable KCO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: KCO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.3% per year.
Next Steps
Dividend
What is Klöckner & Co current dividend yield, its reliability and sustainability?
1.63%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KCO'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 KCO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KCO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: KCO is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KCO's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Gisbert Rühl (61 yo)
11.17yrs
Tenure
€3,350,000
Compensation
Mr. Gisbert Rühl serves as Chairman of Management Board and Chief Executive Officer at Klöckner & Co SE since May 2019 and its Member of Management Board since July 2005, also served as Chief Executive Off...
CEO Compensation Analysis
Compensation vs Market: Gisbert's total compensation ($USD4.05M) is above average for companies of similar size in the German market ($USD1.20M).
Compensation vs Earnings: Gisbert's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board & CEO | 11.17yrs | €3.35m | no data | |
| CFO & Member of Management Board | 1.42yrs | €917.00k | no data | |
| CEO of Americas | 1.42yrs | €3.13m | no data | |
| Vice Chairman of the Management Board | 0.33yr | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Head of Corporate Communications | no data | no data | no data | |
| CEO of kloeckner.i | no data | no data | no data |
1.4yrs
Average Tenure
53yo
Average Age
Experienced Management: KCO's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Supervisory Board | 14.67yrs | €172.00k | no data | |
| Independent Member of Supervisory Board | 4.67yrs | €64.00k | no data | |
| Independent Member of Supervisory Board | 4.67yrs | €60.00k | no data | |
| Independent Member of Supervisory Board | 5.5yrs | €52.00k | no data | |
| Independent Member of Supervisory Board | 3.67yrs | €90.00k | no data | |
| Independent Deputy Chairman of the Supervisory Board | 2.67yrs | €85.00k | no data |
4.7yrs
Average Tenure
64yo
Average Age
Experienced Board: KCO's board of directors are considered experienced (4.7 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
Klöckner & Co SE's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Klöckner & Co SE
- Ticker: KCO
- Exchange: XTRA
- Founded: 1906
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: €774.060m
- Shares outstanding: 99.75m
- Website: https://www.kloeckner.com
Number of Employees
Location
- Klöckner & Co SE
- Am Silberpalais 1
- Duisburg
- North Rhine-Westphalia
- 47057
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KCO | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Jun 2006 |
| KCO | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | Jun 2006 |
| 0KVR | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Jun 2006 |
| KLKN.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | Jun 2006 |
| KCOD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Jun 2006 |
| KCO | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | CHF | Jun 2006 |
| KCO | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | Jun 2006 |
| KCO | ETLX (Eurotlx) | Yes | Bearer Shares | IT | EUR | Jun 2006 |
Biography
Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. It operates through Kloeckner Metals US, Kloeckner Metals Services Europe, Kloeckner Metals Switzerland, and Kloeckner Meta...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 20:52 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.