Konecranes Plc manufactures, sells, and services cranes, lifting equipment, and machine tools worldwide.
Established dividend payer and fair value.
Share Price & News
How has Konecranes's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: K34's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: K34 underperformed the German Machinery industry which returned -32.5% over the past year.
Return vs Market: K34 underperformed the German Market which returned -20.9% over the past year.
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
Is Konecranes undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: K34 (€17.12) is trading below our estimate of fair value (€34.74)
Significantly Below Fair Value: K34 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: K34 is poor value based on its PE Ratio (16.9x) compared to the Machinery industry average (10x).
PE vs Market: K34 is poor value based on its PE Ratio (16.9x) compared to the German market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: K34 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: K34 is overvalued based on its PB Ratio (1.1x) compared to the DE Machinery industry average (1.1x).
How is Konecranes forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: K34's forecast earnings growth (29% per year) is above the savings rate (-0.4%).
Earnings vs Market: K34's earnings (29% per year) are forecast to grow faster than the German market (14.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: K34's revenue (0.4% per year) is forecast to grow slower than the German market (4% per year).
High Growth Revenue: K34's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: K34's Return on Equity is forecast to be low in 3 years time (15.8%).
How has Konecranes performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: K34 has high quality earnings.
Growing Profit Margin: K34's current net profit margins (2.4%) are lower than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: K34's earnings have grown by 10.9% per year over the past 5 years.
Accelerating Growth: K34's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: K34 had negative earnings growth (-20.4%) over the past year, making it difficult to compare to the Machinery industry average (-19.9%).
Return on Equity
High ROE: K34's Return on Equity (6.6%) is considered low.
How is Konecranes's financial position?
Financial Position Analysis
Short Term Liabilities: K34's short term assets (€1.9B) exceed its short term liabilities (€1.4B).
Long Term Liabilities: K34's short term assets (€1.9B) exceed its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: K34's debt to equity ratio (71.9%) is considered high.
Reducing Debt: K34's debt to equity ratio has increased from 54% to 71.9% over the past 5 years.
Debt Coverage: K34's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: K34's interest payments on its debt are well covered by EBIT (7.5x coverage).
What is Konecranes's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: K34's dividend (6.91%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: K34's dividend (6.91%) is in the top 25% of dividend payers in the German market (4.85%)
Stability and Growth of Payments
Stable Dividend: K34's dividends per share have been stable in the past 10 years.
Growing Dividend: K34's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (116.8%), K34's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: K34's dividends in 3 years are forecast to be covered by earnings (56.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Smith (54yo)
Mr. Richard Robinson Smith, also known as Rob, has been a President, Chief Executive Officer and Member of Group Executive Board at Konecranes Plc since February 1, 2020. Mr. Smith served as Senior Vice Pr ...
|CFO, Deputy CEO & Member of Executive Board||12.67yrs||€87.28k||0.045% €648.2k|
|President||0.17yr||no data||no data|
|Senior VP||3.75yrs||no data||0.042% €610.9k|
|Executive VP of Business Area Service & Member of Executive Board||8.25yrs||no data||0.030% €439.1k|
|Senior VP of Human Resources & Member of the Group Executive Board||7.25yrs||no data||0.014% €200.5k|
|Executive VP of Business Area Port Solutions & Member of Executive Board||3.25yrs||no data||0.011% €155.3k|
|Executive Vice President of Technology & Member of Group Executive Board||5.25yrs||no data||0.011% €162.3k|
|Executive VP of Business Area Industrial Equipment & Member of Group Executive Board||0.083yr||no data||no data|
|Chief Technology Officer||3.67yrs||no data||no data|
|Vice President of Investor Relations||2.25yrs||no data||no data|
Experienced Management: K34's management team is considered experienced (3.7 years average tenure).
|Independent Director||8.08yrs||€77.50k||0.0069% €100.3k|
|Independent Vice Chairman||3.08yrs||€121.00k||0.018% €261.6k|
|Independent Chairman||4.08yrs||€149.00k||0.0064% €93.0k|
|Independent Director||3.58yrs||€110.50k||0.0028% €39.9k|
|Independent Director||3.58yrs||€76.00k||0.0028% €39.9k|
|Independent Director||2.08yrs||€88.00k||0.0019% €27.2k|
|Independent Director||2.08yrs||€86.50k||0.0019% €27.2k|
|Independent Director||2.08yrs||€71.50k||0.0019% €27.2k|
Experienced Board: K34's board of directors are considered experienced (3.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Konecranes Plc's company bio, employee growth, exchange listings and data sources
- Name: Konecranes Plc
- Ticker: K34
- Exchange: DB
- Founded: 1910
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €1.447b
- Shares outstanding: 78.85m
- Website: https://www.konecranes.com
Number of Employees
- Konecranes Plc
- Koneenkatu 8
- PO Box 661
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KCR||HLSE (OMX Nordic Exchange Helsinki)||Yes||Class A shares||FI||EUR||Apr 1996|
|KNCR.F||OTCPK (Pink Sheets LLC)||Yes||Class A shares||US||USD||Apr 1996|
|0MET||LSE (London Stock Exchange)||Yes||Class A shares||GB||EUR||Apr 1996|
|K34||DB (Deutsche Boerse AG)||Yes||Class A shares||DE||EUR||Apr 1996|
|KCRH||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class A shares||GB||EUR||Apr 1996|
|KNCR.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Oct 2008|
Konecranes Plc manufactures, sells, and services cranes, lifting equipment, and machine tools worldwide. It operates through three segments: Service, Industrial Equipment, and Port Solutions. The Service segment offers specialized maintenance services and spare parts for various types and makes of industrial cranes and hoists. This segment provides inspections and preventive maintenance, predictive maintenance and remote monitoring, corrective maintenance and retrofits, consultation and modernization, new equipment, and spare parts services. The Industrial Equipment segment provides a range of industrial cranes for general manufacturing and various process industries; and crane components and lifting equipment solutions to other crane manufacturers and distributors. The Port Solutions segment offers container handling equipment, shipyard equipment, mobile harbor cranes, and heavy-duty lift-trucks, as well as port solution related software. The company’s products include workstation lifting systems, overhead cranes, hazardous environment cranes and hoists, lift trucks, and bulk handling equipment, as well as cores for lifting; and services comprise maintenance, inspection and preventive maintenance, predictive maintenance and remote monitoring, corrective maintenance and retrofit, consultation, modernization, and remote services. It serves the automotive, container handling, mining, general manufacturing, nuclear, petroleum and gas, power, paper and forest, shipyard, metals production, and waste to energy and biomass industries. The company was founded in 1910 and is headquartered in Hyvinkää, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 04:18|
|End of Day Share Price||2020/04/09 00:00|
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.