Kaufman & Broad
Market Cap
€784.9m
Last Updated
2021/08/01 17:46 UTC
Data Sources
Company Financials +
Executive Summary
Kaufman & Broad S.A. operates as a property developer and builder in France. More Details
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record with excellent balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Kaufman & Broad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KOF is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: KOF's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-2.2%
KOF
-0.4%
FR Consumer Durables
0.5%
FR Market
1 Year Return
2.7%
KOF
11.5%
FR Consumer Durables
39.7%
FR Market
Return vs Industry: KOF underperformed the French Consumer Durables industry which returned 11.5% over the past year.
Return vs Market: KOF underperformed the French Market which returned 39.7% over the past year.
Shareholder returns
| KOF | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.2% | -0.4% | 0.5% |
| 30 Day | -7.0% | -7.6% | 1.2% |
| 90 Day | -2.2% | -7.9% | 4.9% |
| 1 Year | 7.7%2.7% | 13.2%11.5% | 43.5%39.7% |
| 3 Year | 2.6%-14.0% | 2.8%-2.5% | 33.4%20.7% |
| 5 Year | 32.8%0.8% | 37.4%26.1% | 87.2%58.1% |
Long-Term Price Volatility Vs. Market
How volatile is Kaufman & Broad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Kaufman & Broad undervalued compared to its fair value and its price relative to the market?
13.32x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KOF (€37.4) is trading above our estimate of fair value (€37.38)
Significantly Below Fair Value: KOF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KOF is good value based on its PE Ratio (13.3x) compared to the French Consumer Durables industry average (17.3x).
PE vs Market: KOF is good value based on its PE Ratio (13.3x) compared to the French market (21.8x).
Price to Earnings Growth Ratio
PEG Ratio: KOF is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: KOF is overvalued based on its PB Ratio (3.4x) compared to the FR Consumer Durables industry average (2.7x).
Future Growth
How is Kaufman & Broad forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
19.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KOF's forecast earnings growth (19.4% per year) is above the savings rate (0.4%).
Earnings vs Market: KOF's earnings (19.4% per year) are forecast to grow faster than the French market (14.9% per year).
High Growth Earnings: KOF's earnings are forecast to grow, but not significantly.
Revenue vs Market: KOF's revenue (9% per year) is forecast to grow faster than the French market (6.5% per year).
High Growth Revenue: KOF's revenue (9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KOF's Return on Equity is forecast to be high in 3 years time (25.7%)
Past Performance
How has Kaufman & Broad performed over the past 5 years?
0.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KOF has high quality earnings.
Growing Profit Margin: KOF's current net profit margins (4.4%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: KOF's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: KOF's earnings growth over the past year (55.1%) exceeds its 5-year average (0.6% per year).
Earnings vs Industry: KOF earnings growth over the past year (55.1%) exceeded the Consumer Durables industry 19.6%.
Return on Equity
High ROE: KOF's Return on Equity (31%) is considered high.
Financial Health
How is Kaufman & Broad's financial position?
Financial Position Analysis
Short Term Liabilities: KOF's short term assets (€1.3B) exceed its short term liabilities (€964.5M).
Long Term Liabilities: KOF's short term assets (€1.3B) exceed its long term liabilities (€252.4M).
Debt to Equity History and Analysis
Debt Level: KOF's debt to equity ratio (59.4%) is considered high.
Reducing Debt: KOF's debt to equity ratio has reduced from 171.7% to 59.4% over the past 5 years.
Debt Coverage: KOF's debt is well covered by operating cash flow (66.8%).
Interest Coverage: KOF's interest payments on its debt are well covered by EBIT (17.5x coverage).
Balance Sheet
Dividend
What is Kaufman & Broad current dividend yield, its reliability and sustainability?
4.95%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KOF's dividend (4.95%) is higher than the bottom 25% of dividend payers in the French market (1.29%).
High Dividend: KOF's dividend (4.95%) is in the top 25% of dividend payers in the French market (3.87%)
Stability and Growth of Payments
Stable Dividend: KOF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KOF has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.9%), KOF's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KOF's dividends in 3 years are forecast to be covered by earnings (72% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Nordine Hachemi (60 yo)
8yrs
Tenure
€1,927,268
Compensation
Mr. Nordine Hachemi has been the Chairman of Kaufman & Broad SA since January 24, 2014 and serves as its Senior Vice President of Île-De-France. Mr. Hachemi serves as Chief Executive Officer at Chief Exec...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Nordine's total compensation is reasonable compared to companies of similar size in the French market.
Compensation vs Earnings: Nordine's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: KOF's management team is considered experienced (4.1 years average tenure).
Board Members
Experienced Board: KOF's board of directors are considered experienced (3.8 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
Kaufman & Broad S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kaufman & Broad S.A.
- Ticker: KOF
- Exchange: ENXTPA
- Founded: 1968
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: €784.913m
- Shares outstanding: 20.99m
- Website: https://www.kaufmanbroad.fr
Number of Employees
Location
- Kaufman & Broad S.A.
- 127, avenue Charles-de-Gaulle
- Cedex
- Neuilly-sur-Seine
- Ile-de-France
- 92207
- France
Listings
Biography
Kaufman & Broad S.A. operates as a property developer and builder in France. It develops and builds single-family homes and apartments, as well as offices, hotels, retail spaces, business premises, and log...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/01 17:46 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/05/31 |
| Annual Earnings | 2020/11/30 |
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.