Konecranes Plc

DB:K34 Stock Report

Market Cap: €4.9b

Konecranes Valuation

Is K34 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of K34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: K34 (€61.7) is trading below our estimate of fair value (€93.8)

Significantly Below Fair Value: K34 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for K34?

Key metric: As K34 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for K34. This is calculated by dividing K34's market cap by their current earnings.
What is K34's PE Ratio?
PE Ratio13.8x
Earnings€356.50m
Market Cap€4.90b

Price to Earnings Ratio vs Peers

How does K34's PE Ratio compare to its peers?

The above table shows the PE ratio for K34 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.5x
KRN Krones
15.2x16.0%€3.8b
GIL DMG MORI
22.3xn/a€3.6b
G1A GEA Group
19.6x8.3%€8.0b
RAA RATIONAL
40.8x7.1%€9.6b
K34 Konecranes
13.7x5.6%€4.9b

Price-To-Earnings vs Peers: K34 is good value based on its Price-To-Earnings Ratio (13.7x) compared to the peer average (24.3x).

Price to Earnings Ratio vs Industry

How does K34's PE Ratio compare vs other companies in the DE Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
K34 13.8xIndustry Avg. 16.5xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: K34 is good value based on its Price-To-Earnings Ratio (13.7x) compared to the German Machinery industry average (16.5x).

Price to Earnings Ratio vs Fair Ratio

What is K34'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.

K34 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.8x
Fair PE Ratio14.9x

Price-To-Earnings vs Fair Ratio: K34 is good value based on its Price-To-Earnings Ratio (13.7x) compared to the estimated Fair Price-To-Earnings Ratio (14.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst K34 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€61.70
€70.00
+13.5%
7.1%€75.00€61.00n/a6
Dec ’25€63.35
€70.00
+10.5%
7.1%€75.00€61.00n/a6
Nov ’25€63.05
€70.00
+11.0%
7.1%€75.00€61.00n/a6
Oct ’25€67.15
€68.67
+2.3%
6.5%€75.00€61.00n/a6
Sep ’25€62.80
€67.50
+7.5%
7.2%€75.00€59.00n/a6
Aug ’25€63.95
€66.83
+4.5%
5.9%€70.00€59.00n/a6
Jul ’25€53.90
€60.50
+12.2%
2.1%€63.00€59.00n/a6
Jun ’25€52.40
€55.17
+5.3%
5.7%€60.00€51.00n/a6
May ’25€49.26
€55.17
+12.0%
5.7%€60.00€51.00n/a6
Apr ’25€48.73
€51.67
+6.0%
12.2%€60.00€40.00n/a6
Mar ’25€47.92
€51.67
+7.8%
12.2%€60.00€40.00n/a6
Feb ’25€40.10
€46.48
+15.9%
11.5%€55.00€37.00n/a6
Jan ’25€40.95
€41.15
+0.5%
12.0%€48.90€33.00n/a6
Dec ’24€36.35
€39.60
+8.9%
9.7%€45.00€33.00€63.355
Nov ’24€30.94
€40.00
+29.3%
11.1%€47.00€33.00€63.055
Oct ’24€31.37
€40.40
+28.8%
10.9%€47.00€34.00€67.155
Sep ’24€32.45
€40.40
+24.5%
10.9%€47.00€34.00€62.805
Aug ’24€33.15
€40.20
+21.3%
14.3%€50.00€34.00€63.955
Jul ’24€36.48
€41.40
+13.5%
12.1%€50.00€36.00€53.905
Jun ’24€34.92
€40.17
+15.0%
13.3%€50.00€34.00€52.406
May ’24€36.20
€36.43
+0.6%
7.9%€40.00€32.00€49.267
Apr ’24€30.55
€34.51
+13.0%
7.0%€40.00€32.00€48.737
Mar ’24€32.66
€34.51
+5.7%
7.0%€40.00€32.00€47.927
Feb ’24€30.00
€32.64
+8.8%
7.4%€35.00€29.00€40.107
Jan ’24€28.88
€31.50
+9.1%
9.9%€35.00€25.50€40.957
Dec ’23€28.51
€31.50
+10.5%
9.9%€35.00€25.50€36.357

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 02:30
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Konecranes Plc is covered by 25 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Johan EliasonCA Cheuvreux
Kristofer Liljeberg-SvenssonCarnegie Investment Bank AB
Sebastian GroweCommerzbank AG