(KBC) KBC Groep - BR
Sector: Financial Services | Industry: Banks - Regional | Exchange: BR (Belgium) | Market Cap: 44.944m EUR | Total Return: 42.7% in 12m
Avg Turnover: 42.1M
EPS Trend: 53.0%
Qual. Beats: 0
Rev. Trend: 7.8%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
KBC Group NV is a diversified financial services provider headquartered in Brussels, serving retail, private banking, and corporate clients across Belgium and Central and Eastern Europe. The company operates an integrated bancassurance model, which combines traditional banking activities-such as lending and deposit-taking-with insurance underwriting and asset management under a single distribution network. This model aims to increase revenue per customer while diversifying risk across different financial cycles.
The group’s geographic footprint is concentrated in stable Western European markets and high-growth regions including the Czech Republic, Hungary, Slovakia, and Bulgaria. In addition to core financial products, KBC maintains a presence in digital banking and specialized services like leasing and factoring. Investors may find it useful to examine KBCs specific valuation metrics and historical performance data on ValueRay.
As a diversified bank, KBC’s profitability is heavily influenced by the interest rate environment and the credit quality of its SME and mortgage portfolios. The company transitioned to its current holding structure in 2005 to better align its banking and insurance subsidiaries.
- Net interest income sensitivity to European Central Bank rate cycles
- Central and Eastern European loan growth drives geographic revenue diversification
- Integrated bank-insurance model boosts non-interest income and cross-sell margins
- Capital distribution policy via dividends and buybacks supports shareholder value
| Net Income: 3.58b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -2.21 > 1.0 |
| NWC/Revenue: -1.05k% < 20% (prev -908.9%; Δ -141.7% < -1%) |
| CFO/TA -0.02 > 3% & CFO -9.15b > Net Income 3.58b |
| Net Debt (37.4b) to EBITDA (5.05b): 7.40 < 3 |
| Current Ratio: 0.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (397.0m) vs 12m ago 0.0% < -2% |
| Gross Margin: 52.36% > 18% (prev 45.85%; Δ 6.51% > 0.5%) |
| Asset Turnover: 6.19% > 50% (prev 6.52%; Δ -0.33% > 0%) |
| Interest Coverage Ratio: 0.41 > 6 (EBIT TTM 4.62b / Interest Expense TTM 11.3b) |
| A: -0.64 (Total Current Assets 22.7b - Total Current Liabilities 275b) / Total Assets 397b |
| B: 0.05 (Retained Earnings 18.1b / Total Assets 397b) |
| C: 0.01 (EBIT TTM 4.62b / Avg Total Assets 389b) |
| D: 0.07 (Book Value of Equity 25.7b / Total Liabilities 371b) |
| Altman-Z'' = -3.87 = D |
| DSRI: 0.10 (Receivables 146.0m/3.05b, Revenue 24.0b/24.8b) |
| GMI: 0.88 (GM 45.85% / 52.36%) |
| AQI: 1.03 (AQ_t 0.93 / AQ_t-1 0.90) |
| SGI: 0.97 (Revenue 24.0b / 24.8b) |
| TATA: 0.03 (NI 3.58b - CFO -9.15b) / TA 397b) |
| Beneish M = -3.88 (Cap -4..+1) = AAA |
As of June 15, 2026, the stock is trading at EUR 114.60 with a total of 483,123 shares traded.
Over the past week, the price has changed by +1.69%,
over one month by +5.66%,
over three months by +11.61% and
over the past year by +42.70%.
KBC Groep has no consensus analysts rating.
P/E Trailing = 13.023
P/E Forward = 11.6822
P/S = 3.7113
P/B = 1.5607
P/EG = 11.6807
Revenue TTM = 24.0b EUR
EBIT TTM = 4.62b EUR
EBITDA TTM = 5.05b EUR
Long Term Debt = 46.6b EUR (estimated: total debt 60.1b - short term 13.5b)
Short Term Debt = 13.5b EUR (from shortTermDebt, last quarter)
Debt = 60.1b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 37.4b EUR (calculated: Debt 60.1b - CCE 22.7b)
Enterprise Value = 82.3b EUR (44.9b + Debt 60.1b - CCE 22.7b)
Interest Coverage Ratio = 0.41 (Ebit TTM 4.62b / Interest Expense TTM 11.3b)
EV/FCF = -7.86x (Enterprise Value 82.3b / FCF TTM -10.5b)
FCF Yield = -12.73% (FCF TTM -10.5b / Enterprise Value 82.3b)
FCF Margin = -43.57% (FCF TTM -10.5b / Revenue TTM 24.0b)
Net Margin = 14.89% (Net Income TTM 3.58b / Revenue TTM 24.0b)
Gross Margin = 52.36% ((Revenue TTM 24.0b - Cost of Revenue TTM 11.5b) / Revenue TTM)
Gross Margin QoQ = 51.20% (prev 55.33%)
Tobins Q-Ratio = 0.21 (Enterprise Value 82.3b / Total Assets 397b)
Interest Expense / Debt = 18.82% (Interest Expense 11.3b / Debt 60.1b)
Taxrate = 22.57% (1.04b / 4.62b)
NOPAT = 3.58b (EBIT 4.62b * (1 - 22.57%))
Current Ratio = 0.08 (Total Current Assets 22.7b / Total Current Liabilities 275b)
Debt / Equity = 2.34 (Debt 60.1b / totalStockholderEquity, last quarter 25.7b)
Debt / EBITDA = 7.40 (Net Debt 37.4b / EBITDA 5.05b)
Debt / FCF = -3.57 (negative FCF - burning cash) (Net Debt 37.4b / FCF TTM -10.5b)
Total Stockholder Equity = 26.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.92% (Net Income 3.58b / Total Assets 397b)
RoE = 13.42% (Net Income TTM 3.58b / Total Stockholder Equity 26.7b)
RoCE = 6.31% (EBIT 4.62b / Capital Employed (Equity 26.7b + L.T.Debt 46.6b))
RoIC = 0.90% (NOPAT 3.58b / Invested Capital 396b)
WACC = 11.53% (E(44.9b)/V(105b) * Re(7.47%) + D(60.1b)/V(105b) * Rd(18.82%) * (1-Tc(0.23)))
Discount Rate = 7.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -22.47 | Cagr: -2.79%
[DCF] Fair Price = unknown (Cash Flow -10.5b)
EPS Correlation: 53.03 | EPS CAGR: 5.14% | SUE: -0.39 | # QB: 0
Revenue Correlation: 7.81 | Revenue CAGR: 0.57% | SUE: 0.73 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.84 | Chg30d=+1.26% | Revisions=+0% | Analysts=5
EPS next Quarter (2026-09-30): EPS=2.88 | Chg30d=+4.82% | Revisions=+50% | Analysts=5
EPS current Year (2026-12-31): EPS=9.79 | Chg30d=+0.45% | Revisions=+7% | GrowthEPS=+12.6% | GrowthRev=+10.6%
EPS next Year (2027-12-31): EPS=10.96 | Chg30d=+1.23% | Revisions=+47% | GrowthEPS=+11.9% | GrowthRev=+7.0%
[Analyst] Revisions Ratio: +50%