DB:K34

Stock Analysis Report

Executive Summary

Konecranes Plc manufactures, sells, and services lifting equipment worldwide.

Snowflake

Fundamentals

Established dividend payer with adequate balance sheet.

Risks

  • Konecranes has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Konecranes's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

6.5%

DB:K34

3.3%

DE Machinery

3.2%

DE Market


1 Year Return

-20.7%

DB:K34

-34.4%

DE Machinery

-9.7%

DE Market

K34 outperformed the Machinery industry which returned -34.4% over the past year.

K34 underperformed the Market in Germany which returned -9.6% over the past year.


Share holder returns

K34IndustryMarket
7 Day6.5%3.3%3.2%
30 Day-15.7%-6.5%-4.4%
90 Day-17.7%-13.9%-2.0%
1 Year-17.7%-20.7%-32.2%-34.4%-6.9%-9.7%
3 Year5.5%-5.0%-22.0%-27.6%11.8%2.2%
5 Year32.9%10.0%5.0%-1.8%26.9%9.5%

Price Volatility Vs. Market

How volatile is Konecranes's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Konecranes undervalued based on future cash flows and its price relative to the stock market?

26%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Konecranes's share price is below the future cash flow value, and at a moderate discount (> 20%).

Konecranes's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Konecranes is overvalued based on earnings compared to the DE Machinery industry average.

Konecranes is overvalued based on earnings compared to the Germany market.


Price Based on Expected Growth

Konecranes is good value based on expected growth next year.


Price Based on Value of Assets

Konecranes is overvalued based on assets compared to the DE Machinery industry average.


Next Steps

Future Growth

How is Konecranes expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

23.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Konecranes's revenue is expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).

Konecranes's earnings are expected to grow significantly at over 20% yearly.

Konecranes's revenue growth is positive but not above the Germany market average.

Konecranes's earnings growth is expected to exceed the Germany market average.

Konecranes's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Konecranes is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Konecranes performed over the past 5 years?

17.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Konecranes's year on year earnings growth rate has been positive over the past 5 years.

Konecranes's 1-year earnings growth exceeds its 5-year average (119.8% vs 17.2%)

Konecranes's earnings growth has exceeded the DE Machinery industry average in the past year (119.8% vs -11.8%).


Return on Equity

Konecranes has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Konecranes used its assets less efficiently than the DE Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Konecranes's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Konecranes's financial position?


Financial Position Analysis

Konecranes is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Konecranes's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Konecranes's level of debt (73.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (100.1% vs 73.2% today).

Debt is not well covered by operating cash flow (17.9%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 8.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.9x debt.


Next Steps

Dividend

What is Konecranes's current dividend yield, its reliability and sustainability?

5.26%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Konecranes's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.51%).

Konecranes's dividend is above the markets top 25% of dividend payers in Germany (4.17%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).


Next Steps

Management

What is the CEO of Konecranes's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average management tenure


CEO

Panu Routila (55yo)

3.8yrs

Tenure

0

Mr. Panu Routila, M.Sc. (Econ.), is a Director at Trelleborg AB since April 25, 2018. Mr. Routila has been the Chief Executive Officer and President of Konecranes Plc since November 1, 2015 and has been it ...


Management Age and Tenure

4.2yrs

Average Tenure

54yo

Average Age

The tenure for the Konecranes management team is about average.


Board Age and Tenure

2.7yrs

Average Tenure

54.5yo

Average Age

The average tenure for the Konecranes board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Mikko Uhari (62yo)

    Executive VP of Business Area Industrial Equipment & Member of Executive Board

    • Tenure: 22.6yrs
  • Sirpa Poitsalo (56yo)

    Senior VP

    • Tenure: 3.1yrs
  • Teo Ottola (51yo)

    CFO, Deputy CEO & Member of Executive Board

    • Tenure: 12.0yrs
  • Ari Kiviniitty (62yo)

    Chief Technology Officer

    • Tenure: 3.0yrs
  • Panu Routila (55yo)

    President

    • Tenure: 3.8yrs
  • Minna Aila (53yo)

    Executive VP of Marketing & Corporate Affairs and Member of Group Executive Board

    • Tenure: 0.9yrs
  • Fabio Fiorino (52yo)

    Executive VP of Business Area Service & Member of Executive Board

    • Tenure: 7.6yrs
  • Timo Leskinen (49yo)

    Senior VP of Human Resources & Member of the Group Executive Board

    • Tenure: 6.6yrs
  • Juha Matti Pankakoski (52yo)

    Executive VP of Technologies & Member of Group Executive Board

    • Tenure: 4.6yrs
  • Mika Mahlberg (56yo)

    Executive VP of Business Area Port Solutions & Member of Executive Board and

    • Tenure: 2.6yrs

Board Members

  • Bertel Langenskiöld (69yo)

    Director

    • Tenure: 7.4yrs
    • Compensation: €85.00k
  • Ole Johansson (68yo)

    Vice Chairman

    • Tenure: 2.4yrs
    • Compensation: €110.50k
  • Christoph Vitzthum (50yo)

    Chairman

    • Tenure: 3.4yrs
    • Compensation: €158.00k
  • Ulf Liljedahl (54yo)

    Director

    • Tenure: 2.9yrs
    • Compensation: €92.50k
  • Janina Kugel (49yo)

    Director

    • Tenure: 2.9yrs
    • Compensation: €80.50k
  • Päivi Rekonen (50yo)

    Director

    • Tenure: 1.4yrs
  • Per Nerseth (55yo)

    Director

    • Tenure: 1.4yrs
  • Anders Nielsen (57yo)

    Director

    • Tenure: 1.4yrs

Company Information

Konecranes Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Konecranes Plc
  • Ticker: K34
  • Exchange: DB
  • Founded: 1910
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €2.097b
  • Shares outstanding: 78.84m
  • Website: https://www.konecranes.com

Number of Employees


Location

  • Konecranes Plc
  • Koneenkatu 8
  • PO Box 661
  • Hyvinkää
  • Uusimaa
  • 5801
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KCRHLSE (OMX Nordic Exchange Helsinki)YesClass A sharesFIEURApr 1996
KNCR.FOTCPK (Pink Sheets LLC)YesClass A sharesUSUSDApr 1996
0METLSE (London Stock Exchange)YesClass A sharesGBEURApr 1996
K34DB (Deutsche Boerse AG)YesClass A sharesDEEURApr 1996
KCRHBATS-CHIXE (BATS 'Chi-X Europe')YesClass A sharesGBEURApr 1996
KNCR.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDOct 2008

Biography

Konecranes Plc manufactures, sells, and services lifting equipment worldwide. It operates in three segments: Service, Industrial Equipment, and Port Solutions. The Service segment offers specialized mainte ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 21:09
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.