Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. More Details
Proven track record and fair value.
Share Price & News
How has Koninklijke KPN's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KKPN.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KKPN.F underperformed the US Telecom industry which returned -11.1% over the past year.
Return vs Market: KKPN.F underperformed the US Market which returned 17.2% over the past year.
Price Volatility Vs. Market
How volatile is Koninklijke KPN's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Koninklijke KPN undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KKPN.F ($2.4) is trading below our estimate of fair value ($5.23)
Significantly Below Fair Value: KKPN.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KKPN.F is poor value based on its PE Ratio (12.9x) compared to the US Telecom industry average (11.3x).
PE vs Market: KKPN.F is good value based on its PE Ratio (12.9x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: KKPN.F is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: KKPN.F is overvalued based on its PB Ratio (3.7x) compared to the US Telecom industry average (1.2x).
How is Koninklijke KPN forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KKPN.F's forecast earnings growth (7.1% per year) is above the savings rate (2.2%).
Earnings vs Market: KKPN.F's earnings (7.1% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: KKPN.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: KKPN.F's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: KKPN.F's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KKPN.F's Return on Equity is forecast to be high in 3 years time (26.1%)
How has Koninklijke KPN performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KKPN.F has a large one-off gain of €118.0M impacting its June 30 2020 financial results.
Growing Profit Margin: KKPN.F's current net profit margins (12.1%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: KKPN.F's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: KKPN.F's earnings growth over the past year (214.1%) exceeds its 5-year average (9% per year).
Earnings vs Industry: KKPN.F earnings growth over the past year (214.1%) exceeded the Telecom industry -12.9%.
Return on Equity
High ROE: Whilst KKPN.F's Return on Equity (26.31%) is high, this metric is skewed due to their high level of debt.
How is Koninklijke KPN's financial position?
Financial Position Analysis
Short Term Liabilities: KKPN.F's short term assets (€1.8B) do not cover its short term liabilities (€2.4B).
Long Term Liabilities: KKPN.F's short term assets (€1.8B) do not cover its long term liabilities (€7.1B).
Debt to Equity History and Analysis
Debt Level: KKPN.F's debt to equity ratio (271.7%) is considered high.
Reducing Debt: KKPN.F's debt to equity ratio has increased from 187.3% to 271.7% over the past 5 years.
Debt Coverage: KKPN.F's debt is well covered by operating cash flow (30.6%).
Interest Coverage: KKPN.F's interest payments on its debt are well covered by EBIT (3.2x coverage).
What is Koninklijke KPN current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KKPN.F's dividend (6.23%) is higher than the bottom 25% of dividend payers in the US market (1.72%).
High Dividend: KKPN.F's dividend (6.23%) is in the top 25% of dividend payers in the US market (4.89%)
Stability and Growth of Payments
Stable Dividend: KKPN.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: KKPN.F's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (108.3%), KKPN.F's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KKPN.F's dividends in 3 years are not forecast to be well covered by earnings (107.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joost Farwerck (55 yo)
Mr. Joost F. E. Farwerck has been the Chairman of Board of Management at Koninklijke KPN N.V. since October 1, 2019 and has been its Chief Executive Officer since 1 December 2019. He has been a Member of B ...
CEO Compensation Analysis
Compensation vs Market: Joost's total compensation ($USD2.29M) is below average for companies of similar size in the US market ($USD11.35M).
Compensation vs Earnings: Joost's compensation has been consistent with company performance over the past year.
|Chairman of Management Board & CEO||0.92yr||€1.95m||0.014% |
|Chief Business Market & Member of Management Board||0.75yr||€705.59k||0.00060% |
|Chief Consumer Market & Member of Management Board||0.75yr||€716.56k||0.00060% |
|Chief Technology & Digital Officer and Member of Management Board||0.75yr||€709.27k||0.00013% |
|Chief People Officer & Member of Management Board||0.75yr||€538.12k||0.00055% |
|CFO & Member of Management Board||0.50yr||no data||no data|
|Head of Investor Relations||2.17yrs||no data||no data|
|Chief Legal Officer||7.5yrs||no data||no data|
|Chief Corporate Communications & CSR||no data||no data||no data|
|Chief Procurement Officer||8.42yrs||no data||no data|
|Chief Strategy Officer||no data||no data||no data|
|Executive Vice President of Customer Service||4.75yrs||no data||no data|
Experienced Management: KKPN.F's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|Independent Member of the Supervisory Board||5.42yrs||€75.00k||no data|
|Independent Vice Chairman of Supervisory Board||3.42yrs||€87.50k||0.00058% |
|Independent Chairman of Supervisory Board||5.42yrs||€115.00k||no data|
|Member of the Supervisory Board||0.42yr||no data||no data|
|Independent Member of the Supervisory Board||3yrs||€72.50k||no data|
|Independent Member of the Supervisory Board||5.42yrs||€70.00k||no data|
|Independent Member of the Supervisory Board||6.42yrs||€70.00k||no data|
|Member of Supervisory Board||no data||no data||no data|
Experienced Board: KKPN.F's board of directors are considered experienced (5.4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Koninklijke KPN N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Koninklijke KPN N.V.
- Ticker: KKPN.F
- Exchange: OTCPK
- Founded: 1881
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: €8.421b
- Listing Market Cap: €9.889b
- Shares outstanding: 4.20b
- Website: https://www.kpn.com
Number of Employees
- Koninklijke KPN N.V.
- Wilhelminakade 123
- 3072 AP
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KKPN.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 1994|
|0O8F||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jun 1994|
|KPN||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Jun 1994|
|KPO||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jun 1994|
|KPN||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Jun 1994|
|KPN||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 1994|
|KPNA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jun 1994|
|KPN N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Jun 1994|
|KPN||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Jun 1994|
|KPN-U||ETLX (Eurotlx)||Yes||Ordinary Shares||IT||EUR||Jun 1994|
|KKPN.Y||OTCPK (Pink Sheets LLC)||SPON ADR EACH REP 1 ORD EUR0.24||US||USD||Oct 1995|
|KPNB||DB (Deutsche Boerse AG)||SPON ADR EACH REP 1 ORD EUR0.24||DE||EUR||Oct 1995|
Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. The company operates through Consumer; Business; Wholesale; and Network, Operations & IT segmen ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/30 23:40|
|End of Day Share Price||2020/09/30 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.