Krones AG Logo

Krones AG

KRN.DE

(2.8)
Stock Price

129,80 EUR

6.21% ROA

18.04% ROE

15x PER

Market Cap.

3.519.471.340,00 EUR

10.58% DER

1.57% Yield

4.76% NPM

Krones AG Stock Analysis

Krones AG Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Krones AG Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (11%), which means it has a small amount of debt compared to the ownership it holds

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

The stock's ROE falls within an average range (13.99%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (5.85%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.98x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

8 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

9 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past three years, consistently delivering higher payouts to shareholders.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-3.935) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Krones AG Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Krones AG Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Krones AG Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Krones AG Revenue
Year Revenue Growth
2004 1.514.319.000
2005 1.694.984.000 10.66%
2006 1.910.814.000 11.3%
2007 2.155.953.000 11.37%
2008 2.381.407.000 9.47%
2009 1.864.921.000 -27.69%
2010 2.173.304.000 14.19%
2011 2.066.247.000 -5.18%
2012 2.250.814.000 8.2%
2013 2.815.710.000 20.06%
2014 2.953.405.000 4.66%
2015 3.173.509.000 6.94%
2016 3.391.253.000 6.42%
2017 3.691.355.000 8.13%
2018 3.853.980.000 4.22%
2019 3.958.875.000 2.65%
2020 3.322.743.000 -19.14%
2021 3.634.456.000 8.58%
2022 4.209.339.000 13.66%
2023 4.658.800.000 9.65%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Krones AG Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Krones AG General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 599.528.000 100%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 49.344.000 100%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Krones AG EBITDA
Year EBITDA Growth
2004 730.616.000
2005 846.067.000 13.65%
2006 254.137.000 -232.92%
2007 211.252.000 -20.3%
2008 213.885.000 1.23%
2009 37.748.000 -466.61%
2010 136.104.000 72.27%
2011 55.368.000 -145.82%
2012 170.359.000 67.5%
2013 259.431.000 34.33%
2014 286.427.000 9.43%
2015 313.621.000 8.67%
2016 332.440.000 5.66%
2017 360.219.000 7.71%
2018 321.097.000 -12.18%
2019 239.470.000 -34.09%
2020 144.652.000 -65.55%
2021 324.500.000 55.42%
2022 387.088.000 16.17%
2023 443.600.000 12.74%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Krones AG Gross Profit
Year Gross Profit Growth
2004 2.196.617.000
2005 2.494.583.000 11.94%
2006 967.131.000 -157.94%
2007 969.843.000 0.28%
2008 2.110.662.000 54.05%
2009 861.304.000 -145.05%
2010 1.054.365.000 18.31%
2011 923.027.000 -14.23%
2012 995.732.000 7.3%
2013 1.460.304.000 31.81%
2014 1.525.148.000 4.25%
2015 1.648.163.000 7.46%
2016 1.688.316.000 2.38%
2017 1.843.678.000 8.43%
2018 1.872.679.000 1.55%
2019 1.949.856.000 3.96%
2020 1.669.890.000 -16.77%
2021 1.864.917.000 10.46%
2022 2.143.606.000 13%
2023 2.259.200.000 5.12%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Krones AG Net Profit
Year Net Profit Growth
2004 61.679.000
2005 63.246.000 2.48%
2006 77.311.000 18.19%
2007 101.766.000 24.03%
2008 106.543.000 4.48%
2009 -34.481.000 408.99%
2010 50.913.000 167.73%
2011 -6.341.000 902.92%
2012 68.936.000 109.2%
2013 119.441.000 42.28%
2014 135.880.000 12.1%
2015 157.429.000 13.69%
2016 170.754.000 7.8%
2017 188.759.000 9.54%
2018 151.083.000 -24.94%
2019 9.491.000 -1491.86%
2020 -79.653.000 111.92%
2021 141.366.000 156.35%
2022 187.025.000 24.41%
2023 217.200.000 13.89%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Krones AG Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 6
2005 6 16.67%
2006 2 -200%
2007 3 33.33%
2008 3 0%
2009 -1 400%
2010 2 200%
2011 0 0%
2012 2 100%
2013 4 33.33%
2014 4 25%
2015 5 0%
2016 5 20%
2017 6 0%
2018 5 -25%
2019 0 0%
2020 -3 100%
2021 4 150%
2022 6 20%
2023 7 16.67%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Krones AG Free Cashflow
Year Free Cashflow Growth
2004 137.886.000
2005 88.999.000 -54.93%
2006 105.854.000 15.92%
2007 6.778.000 -1461.73%
2008 71.957.000 90.58%
2009 81.459.000 11.66%
2010 -4.026.000 2123.32%
2012 25.766.000 115.63%
2013 66.490.000 61.25%
2014 154.251.000 56.89%
2015 71.807.000 -114.81%
2016 83.355.000 13.85%
2017 -139.422.000 159.79%
2018 135.925.000 202.57%
2019 -75.384.000 280.31%
2020 227.978.000 133.07%
2021 200.843.000 -13.51%
2022 360.542.000 44.29%
2023 -49.100.000 834.3%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Krones AG Operating Cashflow
Year Operating Cashflow Growth
2004 137.886.000
2005 88.999.000 -54.93%
2006 105.854.000 15.92%
2007 104.251.000 -1.54%
2008 183.829.000 43.29%
2009 169.706.000 -8.32%
2010 77.498.000 -118.98%
2012 136.621.000 43.28%
2013 174.555.000 21.73%
2014 248.841.000 29.85%
2015 174.431.000 -42.66%
2016 194.671.000 10.4%
2017 -5.856.000 3424.3%
2018 315.053.000 101.86%
2019 93.525.000 -236.87%
2020 321.767.000 70.93%
2021 305.733.000 -5.24%
2022 478.699.000 36.13%
2023 -20.800.000 2401.44%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Krones AG Capital Expenditure
Year Capital Expenditure Growth
2004 0
2005 0 0%
2006 0 0%
2007 97.473.000 100%
2008 111.872.000 12.87%
2009 88.247.000 -26.77%
2010 81.524.000 -8.25%
2012 110.855.000 26.46%
2013 108.065.000 -2.58%
2014 94.590.000 -14.25%
2015 102.624.000 7.83%
2016 111.316.000 7.81%
2017 133.566.000 16.66%
2018 179.128.000 25.44%
2019 168.909.000 -6.05%
2020 93.789.000 -80.09%
2021 104.890.000 10.58%
2022 118.157.000 11.23%
2023 28.300.000 -317.52%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Krones AG Equity
Year Equity Growth
2004 523.820.000
2005 568.625.000 7.88%
2006 626.136.000 9.19%
2007 704.750.000 11.15%
2008 788.825.000 10.66%
2009 694.903.000 -13.52%
2010 758.080.000 8.33%
2011 479.788.000 -58%
2012 530.624.000 9.58%
2013 954.182.000 44.39%
2014 987.742.000 3.4%
2015 1.111.133.000 11.1%
2016 1.227.599.000 9.49%
2017 1.333.196.000 7.92%
2018 1.433.206.000 6.98%
2019 1.370.026.000 -4.61%
2020 1.199.948.000 -14.17%
2021 1.391.583.000 13.77%
2022 1.598.073.000 12.92%
2023 1.684.700.000 5.14%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Krones AG Assets
Year Assets Growth
2004 1.210.252.032
2005 1.282.507.008 5.63%
2006 1.472.318.976 12.89%
2007 1.684.039.000 12.57%
2008 1.825.093.000 7.73%
2009 1.790.498.000 -1.93%
2010 1.886.091.000 5.07%
2011 1.218.190.000 -54.83%
2012 1.187.865.000 -2.55%
2013 2.238.063.000 46.92%
2014 2.427.537.000 7.81%
2015 2.706.633.000 10.31%
2016 3.070.831.000 11.86%
2017 3.039.818.000 -1.02%
2018 3.321.389.000 8.48%
2019 3.319.436.000 -0.06%
2020 3.049.508.000 -8.85%
2021 3.494.836.000 12.74%
2022 4.171.166.000 16.21%
2023 4.236.300.000 1.54%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Krones AG Liabilities
Year Liabilities Growth
2004 686.432.032
2005 713.882.008 3.85%
2006 846.182.976 15.64%
2007 976.069.000 13.31%
2008 1.035.107.000 5.7%
2009 1.094.842.000 5.46%
2010 1.127.158.000 2.87%
2011 738.402.000 -52.65%
2012 657.241.000 -12.35%
2013 1.283.881.000 48.81%
2014 1.439.038.000 10.78%
2015 1.595.917.000 9.83%
2016 1.845.301.000 13.51%
2017 1.709.707.000 -7.93%
2018 1.888.183.000 9.45%
2019 1.949.410.000 3.14%
2020 1.849.560.000 -5.4%
2021 2.103.253.000 12.06%
2022 2.573.093.000 18.26%
2023 2.552.100.000 -0.82%

Krones AG Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
147.33
Net Income per Share
7.43
Price to Earning Ratio
15x
Price To Sales Ratio
0.76x
POCF Ratio
21.5
PFCF Ratio
82.73
Price to Book Ratio
2.09
EV to Sales
0.73
EV Over EBITDA
7.57
EV to Operating CashFlow
20.84
EV to FreeCashFlow
80.13
Earnings Yield
0.07
FreeCashFlow Yield
0.01
Market Cap
3,52 Bil.
Enterprise Value
3,41 Bil.
Graham Number
94.42
Graham NetNet
-20.06

Income Statement Metrics

Net Income per Share
7.43
Income Quality
0.54
ROE
0.14
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.72
EBT Per Ebit
0.21
Ebit per Revenue
0.31
Effective Tax Rate
0.28

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.63
Operating Profit Margin
0.31
Pretax Profit Margin
0.07
Net Profit Margin
0.05

Dividends

Dividend Yield
0.02
Dividend Yield %
1.57
Payout Ratio
0
Dividend Per Share
1.75

Operating Metrics

Operating Cashflow per Share
5.18
Free CashFlow per Share
1.35
Capex to Operating CashFlow
-0.74
Capex to Revenue
-0.03
Capex to Depreciation
-0.78
Return on Invested Capital
0.11
Return on Tangible Assets
0.06
Days Sales Outstanding
139.64
Days Payables Outstanding
104.19
Days of Inventory on Hand
104.69
Receivables Turnover
2.61
Payables Turnover
3.5
Inventory Turnover
3.49
Capex per Share
-3.83

Balance Sheet

Cash per Share
7,94
Book Value per Share
53,36
Tangible Book Value per Share
53.35
Shareholders Equity per Share
53.36
Interest Debt per Share
5.93
Debt to Equity
0.11
Debt to Assets
0.04
Net Debt to EBITDA
-0.25
Current Ratio
1.35
Tangible Asset Value
1,22 Bil.
Net Current Asset Value
0,40 Bil.
Invested Capital
0.11
Working Capital
0,77 Bil.
Intangibles to Total Assets
0.11
Average Receivables
1,81 Bil.
Average Payables
0,65 Bil.
Average Inventory
652150000
Debt to Market Cap
0.05

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Krones AG Dividends
Year Dividends Growth
2002 1
2003 2 100%
2004 2 50%
2005 3 33.33%
2006 3 0%
2007 2 -200%
2008 1 0%
2009 1 0%
2011 0 0%
2012 1 0%
2013 1 0%
2014 2 100%
2015 1 -100%
2016 1 0%
2017 2 0%
2018 2 0%
2019 2 0%
2020 1 0%
2021 0 0%
2022 1 100%
2023 2 0%

Krones AG Profile

About Krones AG

Krones AG, together with its subsidiaries, plans, develops, and manufactures machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in two segments, Machines and Lines for Product Filling and Decoration, and Machines and Lines for Beverage Production/Process Technology. The company provides process technology systems for use in beer, craft beer, juice, milk, soft drink, water, and spirit; Steinecker phoebus membrane filters; systems for ozonisation of water; bottle design; stretch blow molders; bottle washing machines; filling technology systems; inspection technology systems; labelers; conveyors; product treatment systems; packaging technology systems; palletizing technology systems; block technology systems; and recycling systems. It also offers solutions for intralogistics, material flow technology, or warehousing for the beverage and food sector; and IT solutions. It serves breweries; beverage producers; and companies from the food, chemical, pharmaceutical, and cosmetic industries. Krones AG was founded in 1951 and is headquartered in Neutraubling, Germany.

CEO
Mr. Christoph Klenk
Employee
18.691
Address
Böhmerwaldstrasse 5
Neutraubling, 93073

Krones AG Executives & BODs

Krones AG Executives & BODs
# Name Age
1 Dr. Ulrich Noll
Head of Finance & Administration - Africa/Middle East
70
2 Mr. Olaf Scholz
Head of Investor Relations, Treasury and M&A
70
3 Roland Pokorny
Head of Corporate Communications
70
4 Mr. Stefan Raith
Head of Business Line - Line Solutions & Employee Representative Member of Supervisory Board
70
5 Ingrid Reuschl
Head of Public Relations
70
6 Mr. Markus Tischer
Member of Executive Board
70
7 Mr. Ralf Goldbrunner
Member of Executive Board
70
8 Ms. Uta Anders
Chief Financial Officer & Member of Executive Board
70
9 Mr. Christoph Klenk
Chairman of Executive Board & Chief Executive Officer
70
10 Mr. Thomas Ricker
Chief Sales Officer & Member of Executive Board
70

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