KSB SE KGaA
Market Cap
€384.7m
Last Updated
2020/04/07 22:37 UTC
Data Sources
Company Financials +
Executive Summary
KSB SE & Co. KGaA manufactures and sells pumps, valves, and related systems worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with flawless balance sheet.
Similar Companies
Share Price & News
How has KSB SE KGaA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KSB's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
6.3%
KSB
4.1%
DE Machinery
4.3%
DE Market
1 Year Return
-21.9%
KSB
-28.3%
DE Machinery
-14.2%
DE Market
Return vs Industry: KSB exceeded the German Machinery industry which returned -32.5% over the past year.
Return vs Market: KSB underperformed the German Market which returned -20.9% over the past year.
Shareholder returns
| KSB | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.3% | 4.1% | 4.3% |
| 30 Day | -14.5% | -9.0% | -9.0% |
| 90 Day | -21.3% | -25.8% | -21.6% |
| 1 Year | -21.1%-21.9% | -26.1%-28.3% | -11.7%-14.2% |
| 3 Year | -41.4%-43.8% | -38.7%-43.1% | -12.3%-19.6% |
| 5 Year | -44.9%-49.0% | -26.3%-34.6% | -14.0%-25.6% |
Price Volatility Vs. Market
How volatile is KSB SE KGaA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Are Dividend Investors Making A Mistake With KSB SE & Co. KGaA (ETR:KSB)?1 month ago | Simply Wall St
Why KSB SE & Co. KGaA’s (ETR:KSB) Return On Capital Employed Might Be A Concern2 months ago | Simply Wall St
Why KSB SE & Co. KGaA (ETR:KSB) Could Be Worth WatchingValuation
Is KSB SE KGaA 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: KSB (€232) is trading below our estimate of fair value (€974.24)
Significantly Below Fair Value: KSB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KSB is good value based on its PE Ratio (9.4x) compared to the Machinery industry average (10x).
PE vs Market: KSB is good value based on its PE Ratio (9.4x) compared to the German market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: KSB is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: KSB is good value based on its PB Ratio (0.6x) compared to the DE Machinery industry average (1.1x).
Next Steps
Future Growth
How is KSB SE KGaA forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
16.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KSB's forecast earnings growth (16.5% per year) is above the savings rate (-0.4%).
Earnings vs Market: KSB's earnings (16.5% per year) are forecast to grow faster than the German market (14.1% per year).
High Growth Earnings: KSB's earnings are forecast to grow, but not significantly.
Revenue vs Market: KSB's revenue (2.1% per year) is forecast to grow slower than the German market (4% per year).
High Growth Revenue: KSB's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KSB's Return on Equity is forecast to be low in 3 years time (8.5%).
Next Steps
Past Performance
How has KSB SE KGaA performed over the past 5 years?
-10.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KSB has high quality earnings.
Growing Profit Margin: KSB's current net profit margins (1.8%) are higher than last year (0.5%).
Past Earnings Growth Analysis
Earnings Trend: KSB's earnings have declined by -10.7% per year over the past 5 years.
Accelerating Growth: KSB's earnings growth over the past year (281.3%) exceeds its 5-year average (-10.7% per year).
Earnings vs Industry: KSB earnings growth over the past year (281.3%) exceeded the Machinery industry -19.9%.
Return on Equity
High ROE: KSB's Return on Equity (6.8%) is considered low.
Next Steps
Financial Health
How is KSB SE KGaA's financial position?
Financial Position Analysis
Short Term Liabilities: KSB's short term assets (€1.5B) exceed its short term liabilities (€748.9M).
Long Term Liabilities: KSB's short term assets (€1.5B) exceed its long term liabilities (€715.6M).
Debt to Equity History and Analysis
Debt Level: KSB's debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: KSB's debt to equity ratio has reduced from 30.5% to 6.2% over the past 5 years.
Debt Coverage: KSB's debt is well covered by operating cash flow (273%).
Interest Coverage: KSB's interest payments on its debt are well covered by EBIT (83x coverage).
Balance Sheet
Next Steps
Dividend
What is KSB SE KGaA's current dividend yield, its reliability and sustainability?
3.60%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: KSB's dividend (3.66%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: KSB's dividend (3.66%) is low compared to the top 25% of dividend payers in the German market (4.85%).
Stability and Growth of Payments
Stable Dividend: KSB's dividend payments have been volatile in the past 10 years.
Growing Dividend: KSB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.6%), KSB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Stephan Timmermann (58yo)
2.42s
Tenure
Dr. Stephan Jorg Timmermann has been Chairman of Management Board at KSB Aktiengesellschaft since November 13, 2017 and has been its CEO since February 2019. Dr. Timmermann has been Member of the Executive ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board & CEO | 2.42yrs | no data | no data | |
| CFO & Member of the Management Board | 1.17yrs | no data | no data | |
| CTO & Member of Management Board | 2.58yrs | no data | no data | |
| C.S.O. & Member of Management Board | 2.75yrs | no data | no data | |
| Head of Operations Region Americas | no data | no data | no data | |
| Head of Globe | no data | no data | no data |
2.5yrs
Average Tenure
56.5yo
Average Age
Experienced Management: KSB's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of the Supervisory Board | 12.25yrs | no data | no data | |
| Chairman of Supervisory Board | 3.08yrs | no data | no data | |
| Member of The Supervisory Board | 16.25yrs | no data | no data | |
| Deputy Chairman of the Supervisory Board | 0.25yr | no data | no data | |
| Member of the Supervisory Board | 5.25yrs | no data | no data | |
| Member of the Supervisory Board | 4.25yrs | no data | no data | |
| Chairman of the Administrative Board | no data | no data | no data | |
| Deputy Chairwoman of the Administrative Board | no data | no data | no data | |
| Member of the Supervisory Board | 2.17yrs | no data | no data | |
| Member of Supervisory Board | 2.17yrs | no data | no data |
3.7yrs
Average Tenure
56.5yo
Average Age
Experienced Board: KSB's board of directors are considered experienced (3.7 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
KSB SE & Co. KGaA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: KSB SE & Co. KGaA
- Ticker: KSB
- Exchange: XTRA
- Founded: 1871
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €384.690m
- Shares outstanding: 1.75m
- Website: https://www.ksb.com
Number of Employees
Location
- KSB SE & Co. KGaA
- Johann-Klein-Strasse 9
- Frankenthal
- Rhineland-Palatinate
- 67227
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KSB | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| KSB3 | DB (Deutsche Boerse AG) | Preference Shares | DE | EUR | Jan 1992 | |
| KSB | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| KSB3 | XTRA (XETRA Trading Platform) | Preference Shares | DE | EUR | Jan 1992 | |
| 0BQD | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| 0BQE | LSE (London Stock Exchange) | Preference Shares | GB | EUR | Jan 1992 | |
| KSB3D | BATS-CHIXE (BATS 'Chi-X Europe') | Preference Shares | GB | EUR | Jan 1992 | |
| KSBD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
Biography
KSB SE & Co. KGaA manufactures and sells pumps, valves, and related systems worldwide. It operates in three segments: Pumps, Valves, and Service. The Pumps segment offers single and multistage pumps, submersible pumps, and associated control and drive systems that have applications in industry, chemicals/petrochemicals, energy supply, water transport and waste water treatment, and construction/building services, as well as the hydraulic transport of solids in mining. The Valves segment provides butterfly, globe, gate, control, diaphragm, and ball valves, as well as associated actuators and control systems, which are used in process engineering, building services, energy conversion, and solids transport applications. The Service segment is involved in the installation, commissioning, start-up, inspection, servicing, maintenance, and repair of pumps, valves, and related systems for various applications; and modular service concepts and system analyses for complete systems. The company sells its products through its companies or agencies. The company was formerly known as KSB Aktiengesellschaft and changed its name to KSB SE & Co. KGaA in January 2018. KSB SE & Co. KGaA was founded in 1871 and is headquartered in Frankenthal, Germany.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/07 22:37 |
| End of Day Share Price | 2020/04/07 00:00 |
| Earnings | 2019/12/31 |
| 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.