KBC Stock Analysis: KBC Groep | BR
Banks - Regional | BR, Belgium | Market Cap: 49.486m EUR | 12M Return: 28.8% | BE0003565737 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 44.5M
EPS Trend: 66.2%
Qual. Beats: 0
Rev. Trend: -43.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
KBC Group NV is a Belgian financial services company that provides banking, insurance, and asset management services primarily across Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia. Its offerings span deposits, mortgage and consumer loans, life and non-life insurance, investment funds, corporate finance, payments, and leasing, as well as digital and mobile banking channels. The company also operates ancillary businesses including software and driving school/roadside assistance. It serves retail, private banking, SME, and mid-cap clients, and is headquartered in Brussels.
As a diversified bank under the GICS classification, KBC operates a bancassurance model, distributing insurance products through its banking network, an approach common among large European financial groups. Its geographic footprint is concentrated in Central and Eastern Europe, where it holds significant market positions in several of its core markets, complementing its domestic Belgian franchise.
- Czech net interest margins remain core earnings driver
- Belgian mortgage demand recovers amid rate cuts
- Share buyback program accelerates capital return to shareholders
| Net Income: 3.71b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -4.28 > 1.0 |
| NWC/Revenue: 20.73% < 20% (prev -970.7%; Δ 991.4% < -1%) |
| CFO/TA -0.02 > 3% & CFO -9.84b > Net Income 3.71b |
| Net Debt (43.2b) to EBITDA (5.35b): 8.07 < 3 |
| Current Ratio: 1.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (396.7m) vs 12m ago -2.58% < -2% |
| Gross Margin: 52.75% > 18% (prev 47.90%; Δ 4.85% > 0.5%) |
| Asset Turnover: 6.20% > 50% (prev 6.19%; Δ 0.01% > 0%) |
| Interest Coverage Ratio: 0.42 > 6 (EBIT TTM 4.82b / Interest Expense TTM 11.5b) |
| A: 0.01 (Total Current Assets 24.0b - Total Current Liabilities 18.8b) / Total Assets 412b |
| B: 0.04 (Retained Earnings 17.7b / Total Assets 412b) |
| C: 0.01 (EBIT TTM 4.82b / Avg Total Assets 401b) |
| D: 0.07 (Book Value of Equity 25.5b / Total Liabilities 387b) |
| Altman-Z'' = 0.37 = B |
| DSRI: 0.10 (Receivables 200.0m/2.90b, Revenue 24.9b/24.2b) |
| GMI: 0.91 (GM 47.90% / 52.75%) |
| AQI: 1.05 (AQ_t 0.93 / AQ_t-1 0.89) |
| SGI: 1.03 (Revenue 24.9b / 24.2b) |
| TATA: 0.03 (NI 3.71b - CFO -9.84b) / TA 412b) |
| Beneish M = -3.80 (Cap -4..+1) = AAA |
As of October 06, 2026, the stock is trading at EUR 124.75 with a total of 503,090 shares traded. Over the past week, the price has changed by -4.99%, over one month by -7.18%, over three months by +3.01% and over the past year by +28.76%.
Current recommended Stop Loss: 121.20 (which is 2.8% or 1.3 ATR below the current price).
KBC Groep has no consensus analysts rating.
P/E Trailing = 13.8304
P/E Forward = 11.9332
P/S = 3.9431
P/B = 1.8702
P/EG = 11.9332
Revenue TTM = 24.9b EUR
EBIT TTM = 4.82b EUR
EBITDA TTM = 5.35b EUR
Long Term Debt = 48.3b EUR (estimated: total debt 67.2b - short term 18.8b)
Short Term Debt = 18.8b EUR (from shortTermDebt, last quarter)
Debt = 67.2b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 43.2b EUR (calculated: Debt 67.2b - CCE 24.0b)
Enterprise Value = 92.7b EUR (49.5b + Debt 67.2b - CCE 24.0b)
Interest Coverage Ratio = 0.42 (Ebit TTM 4.82b / Interest Expense TTM 11.5b)
EV/FCF = -8.37x (Enterprise Value 92.7b / FCF TTM -11.1b)
FCF Yield = -11.94% (FCF TTM -11.1b / Enterprise Value 92.7b)
FCF Margin = -44.48% (FCF TTM -11.1b / Revenue TTM 24.9b)
Net Margin = 14.93% (Net Income TTM 3.71b / Revenue TTM 24.9b)
Gross Margin = 52.75% ((Revenue TTM 24.9b - Cost of Revenue TTM 11.8b) / Revenue TTM)
Gross Margin QoQ = 52.60% (prev 51.20%)
Tobins Q-Ratio = 0.22 (Enterprise Value 92.7b / Total Assets 412b)
Interest Expense / Debt = 17.17% (Interest Expense 11.5b / Debt 67.2b)
Taxrate = 22.96% (1.11b / 4.82b)
NOPAT = 3.72b (EBIT 4.82b * (1 - 22.96%))
Current Ratio = 1.27 (Total Current Assets 24.0b / Total Current Liabilities 18.8b)
Debt / Equity = 2.63 (Debt 67.2b / totalStockholderEquity, last quarter 25.5b)
Debt / EBITDA = 8.07 (Net Debt 43.2b / EBITDA 5.35b)
Debt / FCF = -3.90 (negative FCF - burning cash) (Net Debt 43.2b / FCF TTM -11.1b)
Total Stockholder Equity = 26.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.93% (Net Income 3.71b / Total Assets 412b)
RoE = 14.01% (Net Income TTM 3.71b / Total Stockholder Equity 26.5b)
RoCE = 6.44% (EBIT 4.82b / Capital Employed (Equity 26.5b + L.T.Debt 48.3b))
RoIC = 0.90% (NOPAT 3.72b / Invested Capital 411b)
WACC = 10.74% (E(49.5b)/V(117b) * Re(7.37%) + D(67.2b)/V(117b) * Rd(17.17%) * (1-Tc(0.23)))
Discount Rate = 7.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -40.85 | Cagr: -1.03%
[DCF] Fair Price = unknown (Cash Flow -11.1b)
EPS Correlation: 66.25 | EPS CAGR: 6.87% | SUE: 0.64 | # QB: 0
Revenue Correlation: -43.27 | Revenue CAGR: -2.02% | SUE: 0.76 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.94 | Chg30d=+0.15% | Revisions=+12% | Analysts=5
EPS current Year (2026-12-31): EPS=9.94 | Chg30d=+0.06% | Revisions=+50% | GrowthEPS=+14.3% | GrowthRev=+12.0%
EPS next Year (2027-12-31): EPS=11.40 | Chg30d=+0.69% | Revisions=+79% | GrowthEPS=+14.6% | GrowthRev=+7.9%
[Analyst] Revisions Ratio: +63% (up=23, down=4)