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KSB

KSB SE KGaA XTRA:KSB Stock Report

Last Price

€393.00

Market Cap

€645.9m

7D

-7.5%

1Y

-9.9%

Updated

25 Jun, 2022

Data

Company Financials +
KSB fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends3/6

KSB Stock Overview

KSB SE & Co. KGaA, together with its subsidiaries, manufactures and sells pumps, valves, and related systems worldwide.

Rewards

Trading at 84.1% below our estimate of its fair value

Earnings are forecast to grow 12.4% per year

Became profitable this year

Risk Analysis

Unstable dividend track record


KSB SE KGaA Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for KSB SE KGaA
Historical stock prices
Current Share Price€393.00
52 Week High€486.00
52 Week Low€370.00
Beta0.71
1 Month Change-12.08%
3 Month Change-5.53%
1 Year Change-9.86%
3 Year Change30.13%
5 Year Change-12.80%
Change since IPO148.00%

Recent News & Updates

Mar 29
Returns At KSB SE KGaA (ETR:KSB) Are On The Way Up

Returns At KSB SE KGaA (ETR:KSB) Are On The Way Up

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Nov 29
Returns At KSB SE KGaA (ETR:KSB) Are On The Way Up

Returns At KSB SE KGaA (ETR:KSB) Are On The Way Up

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Nov 10
Is KSB SE KGaA (ETR:KSB) A Risky Investment?

Is KSB SE KGaA (ETR:KSB) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Sep 07
Is It Time To Consider Buying KSB SE & Co. KGaA (ETR:KSB)?

Is It Time To Consider Buying KSB SE & Co. KGaA (ETR:KSB)?

KSB SE & Co. KGaA ( ETR:KSB ), might not be a large cap stock, but it led the XTRA gainers with a relatively large...

Shareholder Returns

KSBDE MachineryDE Market
7D-7.5%-2.8%-0.1%
1Y-9.9%-34.1%-22.0%

Return vs Industry: KSB exceeded the German Machinery industry which returned -34.1% over the past year.

Return vs Market: KSB exceeded the German Market which returned -22% over the past year.

Price Volatility

Is KSB's price volatile compared to industry and market?
KSB volatility
KSB Average Weekly Movement3.0%
Machinery Industry Average Movement5.3%
Market Average Movement5.6%
10% most volatile stocks in DE Market10.0%
10% least volatile stocks in DE Market2.8%

Stable Share Price: KSB is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: KSB's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187115,412Stephan Timmermannhttps://www.ksb.com

KSB SE & Co. KGaA, together with its subsidiaries, manufactures and sells pumps, valves, and related systems worldwide. It operates in three segments: Pumps, Valves, and KSB SupremeServ. The Pumps segment offers single and multistage pumps, submersible pumps, and associated control and drive systems that have applications in energy and mining, water, building services, petrochemicals/ chemicals, and general industry.

KSB SE KGaA Fundamentals Summary

How do KSB SE KGaA's earnings and revenue compare to its market cap?
KSB fundamental statistics
Market Cap€645.90m
Earnings (TTM)€93.65m
Revenue (TTM)€2.35b

7.3x

P/E Ratio

0.3x

P/S Ratio

Is KSB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
KSB income statement (TTM)
Revenue€2.35b
Cost of Revenue€1.08b
Gross Profit€1.26b
Other Expenses€1.17b
Earnings€93.65m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 04, 2022

Earnings per share (EPS)53.47
Gross Margin53.89%
Net Profit Margin3.99%
Debt/Equity Ratio4.6%

How did KSB perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

17%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

KSB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.2x
Enterprise Value/EBITDA2.7x
PEG Ratio0.6x

Price to Earnings Ratio vs Peers

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

KSB PE Ratio vs Peers
The above table shows the PE ratio for KSB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average30.1x

Price-To-Earnings vs Peers: KSB is good value based on its Price-To-Earnings Ratio (7.3x) compared to the peer average (30.1x).

Price to Earnings Ratio vs Industry

How does KSB's PE Ratio compare vs other companies in the German Machinery Industry?

Price-To-Earnings vs Industry: KSB is good value based on its Price-To-Earnings Ratio (7.3x) compared to the German Machinery industry average (15.9x)

Price to Earnings Ratio vs Fair Ratio

What is KSB'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.

KSB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.3x
Fair PE Ratio18.7x

Price-To-Earnings vs Fair Ratio: KSB is good value based on its Price-To-Earnings Ratio (7.3x) compared to the estimated Fair Price-To-Earnings Ratio (18.7x).

Share Price vs Fair Value

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

Below Fair Value: KSB (€393) is trading below our estimate of fair value (€2468.99)

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

Price to Earnings Growth Ratio

PEG Ratio: KSB is good value based on its PEG Ratio (0.6x)

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Future Growth

How is KSB SE KGaA forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

12.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KSB's forecast earnings growth (12.4% per year) is above the savings rate (-0.05%).

Earnings vs Market: KSB's earnings (12.4% per year) are forecast to grow faster than the German market (8.3% per year).

High Growth Earnings: KSB's earnings are forecast to grow, but not significantly.

Revenue vs Market: KSB's revenue (4.7% per year) is forecast to grow slower than the German market (4.8% per year).

High Growth Revenue: KSB's revenue (4.7% 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 (13.4%).

Discover growth companies

Past Performance

How has KSB SE KGaA performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

6.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KSB has high quality earnings.

Growing Profit Margin: KSB became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: KSB's earnings have grown by 6.2% per year over the past 5 years.

Accelerating Growth: KSB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: KSB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (82.5%).

Return on Equity

High ROE: KSB's Return on Equity (12.7%) is considered low.

Discover strong past performing companies

Financial Health

How is KSB SE KGaA's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: KSB's short term assets (€1.6B) exceed its short term liabilities (€778.3M).

Long Term Liabilities: KSB's short term assets (€1.6B) exceed its long term liabilities (€667.1M).

Debt to Equity History and Analysis

Debt Level: KSB has more cash than its total debt.

Reducing Debt: KSB's debt to equity ratio has reduced from 19.8% to 4.6% over the past 5 years.

Debt Coverage: KSB's debt is well covered by operating cash flow (413.3%).

Interest Coverage: KSB earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Dividend

What is KSB SE KGaA current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

2.29%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: KSB's dividend (2.29%) is higher than the bottom 25% of dividend payers in the German market (1.47%).

High Dividend: KSB's dividend (2.29%) is low compared to the top 25% of dividend payers in the German market (4.53%).

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.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.8%), KSB's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (17.5%), KSB's dividend payments are well covered by cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure

CEO

Stephan Timmermann (60 yo)

4.58yrs

Tenure

Dr. Stephan Jorg Timmermann has been Chairman of Management Board at KSB SE & Co. KGaA (formerly known as KSB Aktiengesellschaft) since November 13, 2017 and has been its CEO since February 2019. Dr. Timme...

Leadership Team

Experienced Management: KSB's management team is considered experienced (4.8 years average tenure).

Board Members

Experienced Board: KSB's board of directors are considered experienced (5.8 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 not been meaningfully diluted in the past year.

Top Shareholders

Company Information

KSB SE & Co. KGaA's 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
  • Implied Market Cap: €645.901m
  • 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

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.