HLSE:KCR

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Adequate balance sheet average dividend payer.


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

-0.1%

KCR

0.5%

FI Machinery

0.8%

FI Market


1 Year Return

2.1%

KCR

9.6%

FI Machinery

5.5%

FI Market

Return vs Industry: KCR underperformed the Finnish Machinery industry which returned 9.6% over the past year.

Return vs Market: KCR underperformed the Finnish Market which returned 5.5% over the past year.


Shareholder returns

KCRIndustryMarket
7 Day-0.1%0.5%0.8%
30 Day-9.2%-0.4%0.5%
90 Day-12.2%-2.7%2.5%
1 Year5.9%2.1%13.6%9.6%10.4%5.5%
3 Year-6.1%-15.3%19.7%8.2%29.6%14.2%
5 Year51.9%26.0%63.7%38.8%62.9%31.7%

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

Valuation

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

23.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KCR (€27.3) is trading below our estimate of fair value (€35.52)

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


Price To Earnings Ratio

PE vs Industry: KCR is poor value based on its PE Ratio (20.6x) compared to the Machinery industry average (16.6x).

PE vs Market: KCR is poor value based on its PE Ratio (20.6x) compared to the Finnish market (20x).


Price to Earnings Growth Ratio

PEG Ratio: KCR is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: KCR is good value based on its PB Ratio (1.8x) compared to the FI Machinery industry average (2.1x).


Next Steps

Future Growth

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

22.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KCR's forecast earnings growth (22.2% per year) is above the savings rate (0.5%).

Earnings vs Market: KCR's earnings (22.2% per year) are forecast to grow faster than the Finnish market (13.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: KCR's revenue (1.5% per year) is forecast to grow slower than the Finnish market (2.1% per year).

High Growth Revenue: KCR's revenue (1.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KCR's Return on Equity is forecast to be low in 3 years time (14.6%).


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

Earnings Trend: KCR's earnings have grown by 17.2% per year over the past 5 years.

Accelerating Growth: KCR's earnings growth over the past year (119.8%) exceeds its 5-year average (17.2% per year).

Earnings vs Industry: KCR earnings growth over the past year (119.8%) exceeded the Machinery industry 4.7%.


Return on Equity

High ROE: KCR's Return on Equity (8.2%) is considered low.


Return on Assets

ROA vs Industry: KCR's Return on Assets is below or equal to the Machinery industry average last year.


Return on Capital Employed

ROCE Improving: KCR's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Konecranes's financial position?


Financial Position Analysis

Short Term Liabilities: KCR's short term assets (€1.7B) exceeds its short term liabilities (€1.4B)

Long Term Liabilities: KCR's short term assets (1.7B) exceeds its long term liabilities (1.1B)


Debt to Equity History and Analysis

Debt Level: KCR's debt to equity ratio (73.2%) is considered high

Reducing Debt: KCR's debt to equity ratio has reduced from 100.1% to 73.2% over the past 5 years.

Debt Coverage: KCR's debt is not well covered by operating cash flow (17.9%).

Interest Coverage: KCR's interest payments on its debt are well covered by EBIT (8.9x coverage).


Balance Sheet

Inventory Level: KCR has a high level of physical assets or inventory.

Debt Coverage by Assets: KCR's debt is covered by short term assets (assets are 1.877760x debt).


Next Steps

Dividend

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

4.40%

Current Dividend Yield


Dividend Yield vs Market

company4.4%marketbottom25%2.2%markettop25%5.1%industryaverage3.5%forecastin3Years5.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: KCR's dividend (4.4%) is higher than the bottom 25% of dividend payers in the Finnish market (2.24%).

High Dividend: KCR's dividend (4.4%) is low compared to the top 25% of dividend payers in the Finnish market (5.06%).

Stable Dividend: KCR's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (90.6%), KCR's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KCR's dividends in 3 years are forecast to be well covered by earnings (49.6% payout ratio).


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Teo Ottola (51yo)

0yrs

Tenure

0

Mr. Teo Ottola, MSc (Econ.) has been Chief Financial Officer and Member of Executive Board at Konecranes Plc since August 20, 2007, has been its Interim Chief Executive Officer since October 7, 2019 and pr ...


Management Age and Tenure

3.3yrs

Average Tenure

52.5yo

Average Age

Experienced Management: KCR's management team is considered experienced (3.3 years average tenure).


Board Age and Tenure

2.8yrs

Average Tenure

54.5yo

Average Age

Experienced Board: KCR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Mikko Uhari (62yo)

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

    • Tenure: 22.8yrs
  • Sirpa Poitsalo (56yo)

    Senior VP

    • Tenure: 3.3yrs
  • Teo Ottola (51yo)

    CFO, Interim CEO & Member of Executive Board

    • Tenure: 0yrs
  • Ari Kiviniitty (62yo)

    Chief Technology Officer

    • Tenure: 3.2yrs
  • Minna Aila (53yo)

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

    • Tenure: 1.1yrs
  • Fabio Fiorino (52yo)

    Executive VP of Business Area Service & Member of Executive Board

    • Tenure: 7.8yrs
  • Timo Leskinen (49yo)

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

    • Tenure: 6.8yrs
  • Juha Matti Pankakoski (52yo)

    Executive VP of Technologies & Member of Group Executive Board

    • Tenure: 4.8yrs
  • Mika Mahlberg (56yo)

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

    • Tenure: 2.8yrs
  • Eero Tuulos (36yo)

    Vice President of Investor Relations

    • Tenure: 1.8yrs

Board Members

  • Bertel Langenskiöld (69yo)

    Director

    • Tenure: 7.6yrs
    • Compensation: €85.00k
  • Ole Johansson (68yo)

    Vice Chairman

    • Tenure: 2.6yrs
    • Compensation: €110.50k
  • Christoph Vitzthum (50yo)

    Chairman

    • Tenure: 3.6yrs
    • Compensation: €158.00k
  • Ulf Liljedahl (54yo)

    Director

    • Tenure: 3.1yrs
    • Compensation: €92.50k
  • Janina Kugel (49yo)

    Director

    • Tenure: 3.1yrs
    • Compensation: €80.50k
  • Päivi Rekonen (50yo)

    Director

    • Tenure: 1.6yrs
  • Per Nerseth (55yo)

    Director

    • Tenure: 1.6yrs
  • Anders Nielsen (57yo)

    Director

    • Tenure: 1.6yrs

Company Information

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


Key Information

  • Name: Konecranes Plc
  • Ticker: KCR
  • Exchange: HLSE
  • Founded: 1910
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €2.152b
  • 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 Analysis2019/10/20 20:46
End of Day Share Price2019/10/18 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.