K+S Aktiengesellschaft

XTRA:SDF Stock Report

Market Cap: €2.7b

K+S Dividends and Buybacks

Dividend criteria checks 0/6

K+S is a dividend paying company with a current yield of 0.47%.

Key information

0.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield1.7%
Dividend Growth-6.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio-0.9511%

Recent dividend and buyback updates

Analysis Article Apr 05

K+S' (ETR:SDF) Dividend Is Being Reduced To €0.15

K+S Aktiengesellschaft ( ETR:SDF ) has announced that on 19th of May, it will be paying a dividend of€0.15, which a...

Recent updates

Narrative Update May 20

SDF: Lower Discount Rate And Firmer Margins Will Support Re Rating Potential

Analysts have raised the fair value estimate for K+S from €25.63 to €26.53, citing a series of recent price target increases across the Street and updated assumptions, including a slightly lower discount rate, a reduced revenue growth outlook, higher profit margin expectations, and a lower future P/E multiple. Analyst Commentary Recent Street research around K+S reflects a mix of views, but the fair value increase lines up with a cluster of constructive actions from several bullish analysts alongside selective caution from others.
Analysis Article May 14

K+S Aktiengesellschaft Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

The first-quarter results for K+S Aktiengesellschaft ( ETR:SDF ) were released last week, making it a good time to...
Narrative Update May 05

SDF: Earlier Potash Downturn Will Pressure Margins Despite Recent Rating Shifts

Analysts have raised their average price target for K+S by €0.50 to €10.00, citing a series of recent target increases from major banks and updated assumptions on fair value, discount rates and profit margins. Analyst Commentary Recent research updates show a mixed picture around K+S, with several firms adjusting price targets and at least one issuing a downgrade alongside a higher target.
Narrative Update Apr 20

SDF: Weaker Potash Demand Cycle Will Drive Margins And Earnings Downside

Analysts have raised their fair value estimate for K+S from €8.00 to €9.50, reflecting recent increases in Street price targets from Morgan Stanley, Deutsche Bank and JPMorgan, even as some continue to highlight risks to potash demand and margins. Analyst Commentary Recent research updates present a mixed picture for K+S.
Narrative Update Apr 05

SDF: Potash Cycle Pullback Risk Will Keep Shares Rangebound

The updated analyst price target for K+S edges higher to €14.64 from €14.56, as analysts factor in recent target increases from several banks, while moderating assumptions on revenue growth and profit margins, and applying a slightly lower discount rate alongside a higher future P/E of 20.31x. Analyst Commentary Recent Street research on K+S shows a mix of optimism around valuation upside and caution around industry risks, resulting in modest price target adjustments rather than wholesale shifts in stance.
Narrative Update Mar 22

SDF: Potash Cycle Risks And Dividend Payout Suggest Shares Will Remain Rangebound

The analyst price target for K+S has shifted from €13.95 to about €14.56, with analysts pointing to updated assumptions on discount rates, revenue growth, profit margins, and future P/E. These revisions are informed in part by recent Street research that includes a higher €14.50 target alongside a downgrade to Underperform.
Narrative Update Mar 08

SDF: Lower Discount Rate And Firmer Margins Will Support Re Rating

Analysts have nudged their price target on K+S higher by €1.10, citing slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E that together support a modestly stronger valuation case. Analyst Commentary Recent research points to a slightly stronger valuation stance on K+S, with the €1.10 uplift in the price target linked to refreshed views on discount rate assumptions, revenue growth, profit margins and future P/E levels.
Narrative Update Feb 22

SDF: Higher Margins And Refined P/E Framework Will Recast This Opportunity

Analysts have lifted their price target on K+S by €1.10, reflecting updated assumptions around discount rates, revenue, profit margins and future P/E expectations. Analyst Commentary Bullish analysts point to the refreshed €1.10 higher price target as a sign that updated models are more aligned with current assumptions on discount rates, revenue, profit margins and future P/E expectations.
Narrative Update Feb 08

SDF: Mixed Ratings Suggest Shares Will Likely Trade Within A Cautious Range

The analyst fair value estimate for K+S has increased to €13.95 from €12.61. Analysts attribute this change to updated assumptions for discount rates, revenue growth, margins, and a higher future P/E multiple, as reflected in recent mixed price target changes from major banks.
Narrative Update Jan 24

SDF: Higher Forward P/E Assumptions Will Recast This Underappreciated Opportunity

The analyst price target for K+S has moved from about €20.00 to roughly €25.60 per share. Analysts point to updated fair value estimates and revised assumptions on discount rates, revenue growth, profit margins and future P/E multiples as key drivers behind this change.
Analysis Article Jan 13

Does K+S (ETR:SDF) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Jan 10

SDF: Lower Forward P E Assumptions Will Drive Further Downside Risk

Analysts have trimmed their price targets on K+S, with recent revisions such as €13 to €12.70 and €11 to €10. This reflects updated views on revenue growth, margins and future P/E assumptions.
Narrative Update Dec 26

SDF: Persistent Price Cuts Will Signal Further Downside Risk Ahead

The analyst price target for K+S has been revised modestly lower, to a range of about EUR 10 to EUR 12.70, as analysts factor in softer near term growth expectations, alongside improved margin assumptions and a lower anticipated future price to earnings multiple. Analyst Commentary Bearish analysts have highlighted that the latest price target reductions reflect a more cautious stance on K+S, with limited upside seen from current trading levels.
Analysis Article Dec 15

Getting In Cheap On K+S Aktiengesellschaft (ETR:SDF) Might Be Difficult

With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Chemicals industry in Germany, you could be...
Narrative Update Dec 12

SDF: Persistent Price Target Cuts Will Signal Further Downside Risk Ahead

The analyst price target for K+S has been trimmed from roughly EUR 8.50 to EUR 8.00 as analysts factor in softer revenue growth expectations, despite slightly better margin forecasts and a lower future P E multiple. Analyst Commentary Recent Street research on K+S reflects a broadly cautious stance, with multiple bearish analysts trimming their price targets as they reassess the company outlook.
Narrative Update Nov 27

SDF: Shares Will Likely See Limited Upside Amid Ongoing Market Uncertainty

The consensus analyst price target for K+S has been lowered slightly, from approximately €12.72 to €12.61. This change reflects analysts' expectations for slower revenue growth and increased caution on the stock’s future outlook.
Narrative Update Nov 13

SDF: Shares Will Likely Remain Rangebound Amid Market Caution And Modest Outlook

Analysts have reduced their price target for K+S, lowering the fair value estimate from EUR 13.66 to EUR 12.72. This adjustment reflects more cautious projections based on updated revenue growth and profit margin expectations.
Narrative Update Sep 23

Global Demand Will Transform The Potash Fertilizer Sector

K+S’s consensus price target was revised down to €13.66 as analysts cite fading momentum, weaker industry demand, and lower earnings forecasts, partially offset by improved operational efficiency. Analyst Commentary Bearish analysts cite fading positive momentum and recommend profit-taking after recent gains.
Analysis Article Sep 09

Does K+S (ETR:SDF) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Aug 27

Global Demand Will Transform The Potash Fertilizer Sector

K+S’s consensus price target has been revised down from €14.53 to €13.99 amid divergent analyst sentiment reflecting improved potash market fundamentals on one hand and concerns over limited upside, fading momentum, and fertilizer demand volatility on the other. Analyst Commentary Bullish analysts have increased price targets due to improved potash market fundamentals and expectations of higher realized prices.
Analysis Article May 16

Earnings Update: K+S Aktiengesellschaft (ETR:SDF) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

K+S Aktiengesellschaft ( ETR:SDF ) last week reported its latest first-quarter results, which makes it a good time for...
Analysis Article May 08

We Discuss Why K+S Aktiengesellschaft's (ETR:SDF) CEO Compensation May Be Closely Reviewed

Key Insights K+S' Annual General Meeting to take place on 14th of May CEO Burkhard Lohr's total compensation includes...
Analysis Article May 04

K+S Aktiengesellschaft's (ETR:SDF) 25% Share Price Surge Not Quite Adding Up

K+S Aktiengesellschaft ( ETR:SDF ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Apr 05

K+S' (ETR:SDF) Dividend Is Being Reduced To €0.15

K+S Aktiengesellschaft ( ETR:SDF ) has announced that on 19th of May, it will be paying a dividend of€0.15, which a...
Analysis Article Jan 31

Revenues Not Telling The Story For K+S Aktiengesellschaft (ETR:SDF) After Shares Rise 29%

K+S Aktiengesellschaft ( ETR:SDF ) shareholders would be excited to see that the share price has had a great month...
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New Narrative Jan 22

Werra 2060 Project Will Cut Emissions And Extend Operations By 10 Years

Increasing production at Bethune and demands for potash are expected to boost revenues and improve cash cost efficiencies.
Analysis Article Jan 08

Here's Why K+S (ETR:SDF) Has A Meaningful Debt Burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 18

Should You Think About Buying K+S Aktiengesellschaft (ETR:SDF) Now?

While K+S Aktiengesellschaft ( ETR:SDF ) might not have the largest market cap around , it saw a double-digit share...
Analysis Article Nov 17

The K+S Aktiengesellschaft (ETR:SDF) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

A week ago, K+S Aktiengesellschaft ( ETR:SDF ) came out with a strong set of quarterly numbers that could potentially...
Analysis Article Aug 21

We Think You Can Look Beyond K+S' (ETR:SDF) Lackluster Earnings

The market for K+S Aktiengesellschaft's ( ETR:SDF ) shares didn't move much after it posted weak earnings recently. We...
Analysis Article Aug 17

Analysts Are Updating Their K+S Aktiengesellschaft (ETR:SDF) Estimates After Its Half-Year Results

Shareholders might have noticed that K+S Aktiengesellschaft ( ETR:SDF ) filed its interim result this time last week...
Analysis Article Apr 27

K+S Aktiengesellschaft's (ETR:SDF) Shareholders Might Be Looking For Exit

There wouldn't be many who think K+S Aktiengesellschaft's ( ETR:SDF ) price-to-sales (or "P/S") ratio of 0.6x is worth...
Analysis Article Apr 05

Is There Now An Opportunity In K+S Aktiengesellschaft (ETR:SDF)?

K+S Aktiengesellschaft ( ETR:SDF ), might not be a large cap stock, but it saw a significant share price rise of 21% in...
Analysis Article Mar 04

These 4 Measures Indicate That K+S (ETR:SDF) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 28

Is Now An Opportune Moment To Examine K+S Aktiengesellschaft (ETR:SDF)?

K+S Aktiengesellschaft ( ETR:SDF ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Dec 07

K+S Aktiengesellschaft's (ETR:SDF) Intrinsic Value Is Potentially 25% Below Its Share Price

Key Insights K+S' estimated fair value is €10.35 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Nov 07

Here's Why K+S (ETR:SDF) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 20

Should You Investigate K+S Aktiengesellschaft (ETR:SDF) At €17.62?

K+S Aktiengesellschaft ( ETR:SDF ), might not be a large cap stock, but it saw a decent share price growth in the teens...
Analysis Article Aug 21

K+S Aktiengesellschaft's (ETR:SDF) Intrinsic Value Is Potentially 83% Above Its Share Price

Key Insights K+S' estimated fair value is €31.98 based on 2 Stage Free Cash Flow to Equity K+S' €17.52 share price...
Analysis Article Jul 31

K+S (ETR:SDF) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article May 28

At €16.16, Is It Time To Put K+S Aktiengesellschaft (ETR:SDF) On Your Watch List?

K+S Aktiengesellschaft ( ETR:SDF ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article May 01

These 4 Measures Indicate That K+S (ETR:SDF) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SDF is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: SDF is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

K+S Dividend Yield vs Market
How does SDF dividend yield compare to the market?
SegmentDividend Yield
Company (SDF)0.5%
Market Bottom 25% (DE)1.5%
Market Top 25% (DE)4.5%
Industry Average (Chemicals)3.8%
Analyst forecast (SDF) (up to 3 years)1.7%

Notable Dividend: SDF's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.46%).

High Dividend: SDF's dividend (0.47%) is low compared to the top 25% of dividend payers in the German market (4.55%).


Earnings Payout to Shareholders

Earnings Coverage: SDF is not paying a notable dividend for the German market.


Cash Payout to Shareholders

Cash Flow Coverage: SDF is not paying a notable dividend for the German market.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 00:59
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

K+S Aktiengesellschaft is covered by 43 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen WilderAlliance Global Partners
Konstantin WiechertBaader Helvea Equity Research
Knut WollerBaader Helvea Equity Research