KBX.HA Knorr-Bremse Aktiengesellschaft
- Market cap
- EUR 14.2B
- P/E
- 25.0x
- P/B
- 4.89x
- ROE
- 19.8%
- Dividend yield
- 1.99%
- Fundamental score
- 2.3/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is KBX.HA undervalued?
Graham numberKBX.HA trades 132.9% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Knorr-Bremse Aktiengesellschaft fundamental analysis
12 of 22 checks passedROE 1/2
Moderate return on equity (19.8%), between 10% and 20%.
ROA 1/1
Return on assets (7.0%) is above the industry median (4.9%).
Profit Consistency 2/2
Profitable for 8 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (20.0%) is above the 5-year average (1.5% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (20.0%) is above the industry median (17.2%).
Revenue Growth 1/2
Revenue grew 3.0% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 0/2
Debt to equity cannot be calculated: debt is not reported or equity is negative.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 0/1
Debt is not reported.
Interest Coverage 1/1
EBIT is 9.0x against interest expense, well covered.
PE vs Market 0/1
PE (25.0x) is above the market median (19.6x).
PE vs Industry 0/1
PE (25.0x) is above the industry median (21.4x).
PBV 0/1
Price to book (4.9x) is above the industry median (2.6x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 122.0, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 16.56, above 1.
Dividend Yield 1/2
Dividend yield (2.0%) is above the bottom 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 52.8%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Knorr-Bremse Aktiengesellschaft stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
Knorr-Bremse Aktiengesellschaft financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Knorr-Bremse Aktiengesellschaft annual financial statements (EUR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 6.62B | 6.39B | 6.16B | 6.71B | 7.15B | 7.93B | 7.88B | 7.82B | 8.18B |
| Gross Profit | 3.38B | 3.39B | 3.26B | 3.45B | 3.52B | 4.02B | 4.24B | 4.29B | 4.56B |
| Operating Income | 980M | 913M | 843M | 902M | 735M | 824M | 916M | 922M | 1.07B |
| EBITDA | 1.14B | 1.22B | 1.10B | 1.22B | 1.04B | 1.48B | 1.11B | 1.32B | 1.50B |
| Net Income | 593M | 482M | 495M | 621M | 489M | 553M | 445M | 534M | 669M |
| EPS | 3.68 | 2.99 | 3.07 | 3.85 | 3.04 | 3.43 | 2.76 | 3.31 | 4.15 |
| Balance Sheet | |||||||||
| Total Assets | 6.26B | 6.85B | 7.39B | 7.20B | 8.14B | 8.25B | 9.61B | 8.88B | 9.61B |
| Total Liabilities | 4.66B | 4.95B | 5.47B | 4.77B | 5.51B | 5.35B | 6.49B | 5.70B | 6.14B |
| Shareholders' Equity | 1.50B | 1.78B | 1.83B | 2.33B | 2.56B | 2.84B | 3.05B | 3.10B | 3.38B |
| Cash & Short-term Investments | 1.76B | 1.88B | 2.28B | 1.38B | 1.34B | 1.29B | 2.26B | 1.74B | 1.37B |
| Cash Flow | |||||||||
| Operating Cash Flow | 726M | 794M | 1.04B | 975M | 542M | 915M | 1.04B | 1.12B | 911M |
| Capital Expenditure | 324M | 329M | 362M | 396M | 352M | 382M | 346M | 331M | 281M |
| Free Cash Flow | 402M | 465M | 674M | 580M | 189M | 533M | 696M | 785M | 629M |
| Ratios | |||||||||
| ROE | 39.5% | 27.0% | 27.1% | 26.7% | 19.1% | 19.5% | 14.6% | 17.2% | 19.8% |
| ROA | 9.5% | 7.0% | 6.7% | 8.6% | 6.0% | 6.7% | 4.6% | 6.0% | 7.0% |
| Net Profit Margin | 9.0% | 7.5% | 8.0% | 9.3% | 6.8% | 7.0% | 5.6% | 6.8% | 8.2% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
Knorr-Bremse Aktiengesellschaft dividends
- Dividend yield
- 1.99%
- Forward dividend
- -
- Payout ratio
- 52.8%
- Ex-dividend date
- -
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | EUR 282M | 1.75 | 52.8% |
| 2024 | EUR 264M | 1.64 | 59.3% |
| 2023 | EUR 59.0M | 0.37 | 10.7% |
| 2022 | EUR 298M | 1.85 | 61.0% |
| 2021 | EUR 245M | 1.52 | 39.4% |
| 2020 | EUR 290M | 1.80 | 58.6% |
| 2019 | EUR 282M | 1.75 | 58.5% |
| 2018 | EUR 871M | 5.41 | 147.0% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Knorr-Bremse Aktiengesellschaft
Ownership data of Knorr-Bremse Aktiengesellschaft is not available yet.
Knorr-Bremse Aktiengesellschaft company profile
- Company name
- Knorr-Bremse Aktiengesellschaft
- Ticker
- KBX.HA
- ISIN
- DE000KBX1006
- Exchange
- Hanover Exchange
- Sector
- -
- Industry
- -
- Fiscal year end
- December
- Address
- Website
- -