KSC

KPSXTRA:KSC Stock Report

Market Cap

€185.2m

7D

-2.6%

1Y

-12.9%

Updated

18 Sep, 2021

Data

Company Financials +
KSC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance1/6
Financial Health4/6
Dividends5/6

KSC Overview

KPS AG provides management consulting services in the areas of business transformation and process optimization in retail and consumer goods sectors in Germany and Europe.

Price History & Performance

Summary of all time highs, changes and price drops for KPS
Historical stock prices
Current Share Price€4.95
52 Week High€4.13
52 Week Low€6.44
Beta1.34
1 Month Change-1.79%
3 Month Change-6.60%
1 Year Change-12.85%
3 Year Change-36.62%
5 Year Change-58.75%
Change since IPO-94.56%

Recent News & Updates

Jun 02
Returns On Capital At KPS (ETR:KSC) Paint A Concerning Picture

Returns On Capital At KPS (ETR:KSC) Paint A Concerning Picture

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...

Shareholder Returns

KSCDE ITDE Market
7D-2.6%-0.1%-1.2%
1Y-12.9%22.0%22.4%

Return vs Industry: KSC underperformed the German IT industry which returned 22% over the past year.

Return vs Market: KSC underperformed the German Market which returned 22.3% over the past year.

Price Volatility

Is KSC's price volatile compared to industry and market?
KSC volatility
KSC Beta1.34
Industry Beta1.16
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1998613Leonardo Mussohttps://www.kps.com

KPS AG provides management consulting services in the areas of business transformation and process optimization in retail and consumer goods sectors in Germany and Europe. It offers advisory services on strategic, process, application, and technology issues relating to digital transformation, and supports its customers in rolling out and implementing solutions. The company also sells software licenses, maintenance contracts, and hardware components.

KPS Fundamentals Summary

How do KPS's earnings and revenue compare to its market cap?
KSC fundamental statistics
Market Cap€185.19m
Earnings (TTM)€9.30m
Revenue (TTM)€155.40m

19.9x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KSC income statement (TTM)
Revenue€155.40m
Cost of Revenue€118.77m
Gross Profit€36.63m
Expenses€27.33m
Earnings€9.30m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin23.57%
Net Profit Margin5.98%
Debt/Equity Ratio74.4%

How did KSC perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

68%

Payout Ratio

Valuation

Is KPS undervalued compared to its fair value and its price relative to the market?

17.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KSC (€4.95) is trading below our estimate of fair value (€5.98)

Significantly Below Fair Value: KSC is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: KSC is good value based on its PE Ratio (19.9x) compared to the German IT industry average (38x).

PE vs Market: KSC is good value based on its PE Ratio (19.9x) compared to the German market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: KSC is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: KSC is good value based on its PB Ratio (2.6x) compared to the DE IT industry average (4x).


Future Growth

How is KPS forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

19.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KSC's forecast earnings growth (19.9% per year) is above the savings rate (0.01%).

Earnings vs Market: KSC's earnings (19.9% per year) are forecast to grow faster than the German market (13% per year).

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

Revenue vs Market: KSC's revenue (4.4% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: KSC's revenue (4.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KSC's Return on Equity is forecast to be very high in 3 years time (54.4%).


Past Performance

How has KPS performed over the past 5 years?

-20.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KSC has a large one-off loss of €4.1M impacting its June 30 2021 financial results.

Growing Profit Margin: KSC's current net profit margins (6%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: KSC's earnings have declined by 20.6% per year over the past 5 years.

Accelerating Growth: KSC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: KSC had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the IT industry average (35.1%).


Return on Equity

High ROE: KSC's Return on Equity (13%) is considered low.


Financial Health

How is KPS's financial position?


Financial Position Analysis

Short Term Liabilities: KSC's short term assets (€51.6M) exceed its short term liabilities (€49.6M).

Long Term Liabilities: KSC's short term assets (€51.6M) exceed its long term liabilities (€40.8M).


Debt to Equity History and Analysis

Debt Level: KSC's debt to equity ratio (74.4%) is considered high.

Reducing Debt: KSC's debt to equity ratio has increased from 1% to 74.4% over the past 5 years.

Debt Coverage: KSC's debt is well covered by operating cash flow (42.8%).

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


Balance Sheet


Dividend

What is KPS current dividend yield, its reliability and sustainability?

3.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KSC's dividend (3.43%) is higher than the bottom 25% of dividend payers in the German market (0.97%).

High Dividend: KSC's dividend (3.43%) is in the top 25% of dividend payers in the German market (3.16%)


Stability and Growth of Payments

Stable Dividend: KSC's dividend payments have been volatile in the past 10 years.

Growing Dividend: KSC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (67.6%), KSC's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KSC's dividends in 3 years are forecast to be covered by earnings (89.6% payout ratio).


Next Steps

Management

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

13.3yrs

Average board tenure


CEO

Leonardo Musso

no data

Tenure

Mr. Leonardo Musso has been Member of Executive Board at KPS AG since October 1, 2015. Mr. Musso has been Founder, Chief Executive Officer and Managing Director of KPS AG. Mr. Musso began his career at BMW...


Board Members

Experienced Board: KSC's board of directors are seasoned and experienced ( 13.3 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

KPS AG's employee growth, exchange listings and data sources


Key Information

  • Name: KPS AG
  • Ticker: KSC
  • Exchange: XTRA
  • Founded: 1998
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €185.190m
  • Shares outstanding: 37.41m
  • Website: https://www.kps.com

Number of Employees


Location

  • KPS AG
  • Beta-Str. 10 H
  • Unterföhring
  • Bavaria
  • 85774
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 17:43
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/09/30


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.