KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. More Details
Flawless balance sheet with proven track record.
Share Price & News
How has KONE Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KNEBV is less volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: KNEBV's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: KNEBV underperformed the Finnish Machinery industry which returned 21.7% over the past year.
Return vs Market: KNEBV underperformed the Finnish Market which returned 31.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is KONE Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StInvestors Met With Slowing Returns on Capital At KONE Oyj (HEL:KNEBV)
2 weeks ago | Simply Wall StDid You Participate In Any Of KONE Oyj's (HEL:KNEBV) Respectable 98% Return?
4 weeks ago | Simply Wall StI Built A List Of Growing Companies And KONE Oyj (HEL:KNEBV) Made The Cut
Is KONE Oyj undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KNEBV (€68.5) is trading above our estimate of fair value (€57.17)
Significantly Below Fair Value: KNEBV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KNEBV is good value based on its PE Ratio (36.1x) compared to the Finnish Machinery industry average (36.9x).
PE vs Market: KNEBV is poor value based on its PE Ratio (36.1x) compared to the Finnish market (25.1x).
Price to Earnings Growth Ratio
PEG Ratio: KNEBV is poor value based on its PEG Ratio (5.7x)
Price to Book Ratio
PB vs Industry: KNEBV is overvalued based on its PB Ratio (15.3x) compared to the FI Machinery industry average (3.1x).
How is KONE Oyj forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KNEBV's forecast earnings growth (6.3% per year) is above the savings rate (0.2%).
Earnings vs Market: KNEBV's earnings (6.3% per year) are forecast to grow slower than the Finnish market (11.4% per year).
High Growth Earnings: KNEBV's earnings are forecast to grow, but not significantly.
Revenue vs Market: KNEBV's revenue (3.9% per year) is forecast to grow faster than the Finnish market (3.5% per year).
High Growth Revenue: KNEBV's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KNEBV's Return on Equity is forecast to be high in 3 years time (35.7%)
How has KONE Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KNEBV has high quality earnings.
Growing Profit Margin: KNEBV's current net profit margins (9.7%) are higher than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: KNEBV's earnings have declined by 3.5% per year over the past 5 years.
Accelerating Growth: KNEBV's earnings growth over the past year (7%) exceeds its 5-year average (-3.5% per year).
Earnings vs Industry: KNEBV earnings growth over the past year (7%) underperformed the Machinery industry 7%.
Return on Equity
High ROE: KNEBV's Return on Equity (42.2%) is considered outstanding.
How is KONE Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: KNEBV's short term assets (€5.6B) exceed its short term liabilities (€5.3B).
Long Term Liabilities: KNEBV's short term assets (€5.6B) exceed its long term liabilities (€639.3M).
Debt to Equity History and Analysis
Debt Level: KNEBV's debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: KNEBV's debt to equity ratio has reduced from 9.9% to 7.2% over the past 5 years.
Debt Coverage: KNEBV's debt is well covered by operating cash flow (985.4%).
Interest Coverage: KNEBV earns more interest than it pays, so coverage of interest payments is not a concern.
What is KONE Oyj current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KNEBV's dividend (2.55%) is higher than the bottom 25% of dividend payers in the Finnish market (1.66%).
High Dividend: KNEBV's dividend (2.55%) is low compared to the top 25% of dividend payers in the Finnish market (3.7%).
Stability and Growth of Payments
Stable Dividend: KNEBV's dividend payments have been volatile in the past 10 years.
Growing Dividend: KNEBV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (92.3%), KNEBV's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KNEBV's dividends in 3 years are forecast to be covered by earnings (85.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Henrik Ehrnrooth (51 yo)
Mr. Henrik Ehrnrooth, M.Sc. (Econ), has been the Chief Executive Officer and President at Kone Oyj since April 1, 2014 and has also been its Member of Executive Board since February 2009. Mr. Ehrnrooth ser...
CEO Compensation Analysis
Compensation vs Market: Henrik's total compensation ($USD6.21M) is above average for companies of similar size in the Finnish market ($USD3.66M).
Compensation vs Earnings: Henrik's compensation has increased by more than 20% in the past year.
Experienced Management: KNEBV's management team is considered experienced (4.7 years average tenure).
Experienced Board: KNEBV's board of directors are considered experienced (7.3 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.
KONE Oyj's company bio, employee growth, exchange listings and data sources
- Name: KONE Oyj
- Ticker: KNEBV
- Exchange: HLSE
- Founded: 1908
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €35.532b
- Shares outstanding: 518.71m
- Website: https://www.kone.com
Number of Employees
- KONE Oyj
- Keilasatama 3
- P.O. box 7
KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. It offers elevators, escalators, auto walks, and automatic building doors. The company also provides main...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 00:10|
|End of Day Share Price||2021/06/23 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.