| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
KGX Overview
KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services worldwide.
KION GROUP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €85.54 |
| 52 Week High | €63.26 |
| 52 Week Low | €93.28 |
| Beta | 1.31 |
| 1 Month Change | 4.19% |
| 3 Month Change | -2.80% |
| 1 Year Change | 7.41% |
| 3 Year Change | 91.84% |
| 5 Year Change | 51.69% |
| Change since IPO | 260.93% |
Recent News & Updates
An Intrinsic Calculation For KION GROUP AG (ETR:KGX) Suggests It's 46% Undervalued
In this article we are going to estimate the intrinsic value of KION GROUP AG ( ETR:KGX ) by taking the forecast future...
These 4 Measures Indicate That KION GROUP (ETR:KGX) Is Using Debt Reasonably Well
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
KION GROUP's (ETR:KGX) Returns On Capital Not Reflecting Well On The Business
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Why KION GROUP AG (ETR:KGX) Could Be Worth Watching
KION GROUP AG ( ETR:KGX ) received a lot of attention from a substantial price movement on the XTRA over the last few...
An Intrinsic Calculation For KION GROUP AG (ETR:KGX) Suggests It's 37% Undervalued
Today we will run through one way of estimating the intrinsic value of KION GROUP AG ( ETR:KGX ) by estimating the...
Shareholder Returns
| KGX | DE Machinery | DE Market | |
|---|---|---|---|
| 7D | 6.8% | 2.6% | 2.4% |
| 1Y | 7.4% | 18.6% | 21.8% |
Return vs Industry: KGX underperformed the German Machinery industry which returned 18.6% over the past year.
Return vs Market: KGX underperformed the German Market which returned 21.8% over the past year.
Price Volatility
| KGX volatility | |
|---|---|
| KGX Beta | 1.31 |
| Industry Beta | 1.13 |
| Market Beta | 1 |
Stable Share Price: KGX is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: KGX's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 37,718 | Koln Riske | https://www.kiongroup.com |
KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services worldwide. The company operates through Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services segments. It develops, manufactures, and sells forklifts and warehouse trucks, such as counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated industrial trucks, and towing vehicles under the Linde, Fenwick, STILL, Baoli, and OM Voltas brand names.
KION GROUP Fundamentals Summary
| KGX fundamental statistics | |
|---|---|
| Market Cap | €11.21b |
| Earnings (TTM) | €451.50m |
| Revenue (TTM) | €9.38b |
24.8x
P/E Ratio1.2x
P/S RatioIs KGX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KGX income statement (TTM) | |
|---|---|
| Revenue | €9.38b |
| Cost of Revenue | €7.03b |
| Gross Profit | €2.35b |
| Expenses | €1.90b |
| Earnings | €451.50m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 26, 2021
| Earnings per share (EPS) | 3.44 |
| Gross Margin | 25.02% |
| Net Profit Margin | 4.81% |
| Debt/Equity Ratio | 21.7% |
How did KGX perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield11%
Payout RatioValuation
Is KION GROUP undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KGX (€85.54) is trading below our estimate of fair value (€172.27)
Significantly Below Fair Value: KGX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KGX is good value based on its PE Ratio (24.8x) compared to the German Machinery industry average (24.9x).
PE vs Market: KGX is poor value based on its PE Ratio (24.8x) compared to the German market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: KGX is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: KGX is overvalued based on its PB Ratio (2.3x) compared to the DE Machinery industry average (2x).
Future Growth
How is KION GROUP forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
16.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KGX's forecast earnings growth (16.9% per year) is above the savings rate (-0.01%).
Earnings vs Market: KGX's earnings (16.9% per year) are forecast to grow faster than the German market (12.6% per year).
High Growth Earnings: KGX's earnings are forecast to grow, but not significantly.
Revenue vs Market: KGX's revenue (7% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: KGX's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KGX's Return on Equity is forecast to be low in 3 years time (13.8%).
Past Performance
How has KION GROUP performed over the past 5 years?
5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KGX has high quality earnings.
Growing Profit Margin: KGX's current net profit margins (4.8%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: KGX's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: KGX's earnings growth over the past year (56.4%) exceeds its 5-year average (5% per year).
Earnings vs Industry: KGX earnings growth over the past year (56.4%) exceeded the Machinery industry 21%.
Return on Equity
High ROE: KGX's Return on Equity (9.5%) is considered low.
Financial Health
How is KION GROUP's financial position?
Financial Position Analysis
Short Term Liabilities: KGX's short term assets (€3.9B) do not cover its short term liabilities (€4.5B).
Long Term Liabilities: KGX's short term assets (€3.9B) do not cover its long term liabilities (€5.5B).
Debt to Equity History and Analysis
Debt Level: KGX's debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: KGX's debt to equity ratio has reduced from 47.3% to 21.7% over the past 5 years.
Debt Coverage: KGX's debt is well covered by operating cash flow (93.8%).
Interest Coverage: KGX's interest payments on its debt are well covered by EBIT (13.9x coverage).
Balance Sheet
Dividend
What is KION GROUP current dividend yield, its reliability and sustainability?
0.48%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KGX's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the German market (0.97%).
High Dividend: KGX's dividend (0.48%) is low compared to the top 25% of dividend payers in the German market (3.26%).
Stability and Growth of Payments
Stable Dividend: KGX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KGX's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.4%), KGX's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KGX's dividends in 3 years are forecast to be well covered by earnings (26% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Koln Riske (64 yo)
13.58yrs
Tenure
€4,131,000
Compensation
Mr. Gordon Riske, also known as Koln, serves as Non-Executive Director at Weichai International Hong Kong Energy Group Co., Limited. He has been Independent Director of Atlas Copco AB since April 23, 2020....
CEO Compensation Analysis
Compensation vs Market: Koln's total compensation ($USD4.79M) is about average for companies of similar size in the German market ($USD4.37M).
Compensation vs Earnings: Koln's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: KGX's management team is considered experienced (2.4 years average tenure).
Board Members
Experienced Board: KGX's board of directors are considered experienced (6.8 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 been diluted in the past year, with total shares outstanding growing by 11.1%.
Top Shareholders
Company Information
KION GROUP AG's employee growth, exchange listings and data sources
Key Information
- Name: KION GROUP AG
- Ticker: KGX
- Exchange: XTRA
- Founded: 2006
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: €11.213b
- Shares outstanding: 131.09m
- Website: https://www.kiongroup.com
Number of Employees
Location
- KION GROUP AG
- Thea-Rasche-Strasse 8
- Frankfurt am Main
- Hessen
- 60549
- Germany
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/16 17:54 |
| End of Day Share Price | 2021/10/15 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.