KNIN Stock Analysis: Kuehne & Nagel | SW
Integrated Freight & Logistics | SW, Switzerland | Market Cap: 24.512m CHF | 12M Return: 23.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 44.1M
EPS Trend: -92.4%
Qual. Beats: 1
Rev. Trend: -35.3%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 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.
Kuehne + Nagel International AG is a Swiss integrated logistics provider headquartered in Schindellegi, Switzerland, operating globally across Europe, the Middle East, Africa, the Americas, and Asia-Pacific. Founded in 1890 and listed in Switzerland (ticker: KNIN), the company operates as a subsidiary of Kuehne Holding AG and is classified within the Industrials sector, specifically the Air Freight & Logistics sub-industry.
The business is organized into four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. Its service portfolio spans freight forwarding (full and less-than-container loads, air charter, full/less-than-truck load, and groupage), specialized offerings such as reefer cold chain solutions, VinLog for wine and spirits, customs brokerage, and cargo insurance, as well as contract logistics covering warehousing, fulfillment, distribution, last-mile delivery, and value-added services.
Kuehne + Nagel also provides end-to-end supply chain solutions including 4PL integrated logistics, e-commerce and cross-border logistics, project logistics (industrial, renewable energy, marine, and engineering), and sustainability tools such as a CO2e emissions calculator. Its customer base spans the aerospace, automotive, consumer, healthcare, high-tech and semiconductor, industrial, and perishables industries, making it one of the few globally diversified players in the freight forwarding industry - a sector characterized by asset-light intermediation between shippers and carriers, where scale and network density are key competitive advantages.
- Sea freight rates plunge as container volumes weaken
- Air logistics margins compress on normalized shipping rates
- DSV-Schenker merger intensifies European road logistics competition
- Semiconductor and healthcare contract logistics drive high-margin growth
| Net Income: 836.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 0.82 > 1.0 |
| NWC/Revenue: 0.82% < 20% (prev -2.17%; Δ 2.99% < -1%) |
| CFO/TA 0.14 > 3% & CFO 1.69b > Net Income 836.0m |
| Net Debt (5.19b) to EBITDA (2.10b): 2.47 < 3 |
| Current Ratio: 1.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (118.9m) vs 12m ago 0.13% < -2% |
| Gross Margin: 23.42% > 18% (prev 28.84%; Δ -5.42% > 0.5%) |
| Asset Turnover: 194.4% > 50% (prev 203.7%; Δ -9.32% > 0%) |
| Interest Coverage Ratio: 20.64 > 6 (EBIT TTM 1.20b / Interest Expense TTM 58.0m) |
| A: 0.02 (Total Current Assets 5.95b - Total Current Liabilities 5.76b) / Total Assets 11.9b |
| B: 0.40 (Retained Earnings 4.72b / Total Assets 11.9b) |
| C: 0.10 (EBIT TTM 1.20b / Avg Total Assets 12.2b) |
| D: 0.26 (Book Value of Equity 2.47b / Total Liabilities 9.36b) |
| Altman-Z'' = 2.34 = BBB |
| DSRI: 1.07 (Receivables 4.96b/5.00b, Revenue 23.7b/25.6b) |
| GMI: 1.23 (GM 28.84% / 23.42%) |
| AQI: 1.00 (AQ_t 0.24 / AQ_t-1 0.24) |
| SGI: 0.93 (Revenue 23.7b / 25.6b) |
| TATA: -0.07 (NI 836.0m - CFO 1.69b) / TA 11.9b) |
| Beneish M = -2.82 (Cap -4..+1) = A |
As of July 13, 2026, the stock is trading at CHF 205.50 with a total of 153,413 shares traded. Over the past week, the price has changed by -1.67%, over one month by +5.09%, over three months by +18.80% and over the past year by +23.88%.
Current recommended Stop Loss: 194.80 (which is 5.2% or 1.9 ATR below the current price).
Kuehne & Nagel has no consensus analysts rating.
P/E Trailing = 29.3599
P/E Forward = 25.3165
P/S = 1.0321
P/B = 10.0571
P/EG = 2.6667
Revenue TTM = 23.7b CHF
EBIT TTM = 1.20b CHF
EBITDA TTM = 2.10b CHF
Long Term Debt = 872.0m CHF (from longTermDebt, last quarter)
Short Term Debt = 1.09b CHF (from shortTermDebt, last quarter)
Debt = 5.94b CHF (from shortLongTermDebtTotal, last quarter) + Leases 2.32b
Net Debt = 5.19b CHF (calculated: Debt 5.94b - CCE 749.0m)
Enterprise Value = 29.7b CHF (24.5b + Debt 5.94b - CCE 749.0m)
Interest Coverage Ratio = 20.64 (Ebit TTM 1.20b / Interest Expense TTM 58.0m)
EV/FCF = 20.10x (Enterprise Value 29.7b / FCF TTM 1.48b)
FCF Yield = 4.98% (FCF TTM 1.48b / Enterprise Value 29.7b)
FCF Margin = 6.22% (FCF TTM 1.48b / Revenue TTM 23.7b)
Net Margin = 3.52% (Net Income TTM 836.0m / Revenue TTM 23.7b)
Gross Margin = 23.42% ((Revenue TTM 23.7b - Cost of Revenue TTM 18.2b) / Revenue TTM)
Gross Margin QoQ = 37.66% (prev 10.36%)
Tobins Q-Ratio = 2.50 (Enterprise Value 29.7b / Total Assets 11.9b)
Interest Expense / Debt = 0.98% (Interest Expense 58.0m / Debt 5.94b)
Taxrate = 24.68% (285.0m / 1.16b)
NOPAT = 901.6m (EBIT 1.20b * (1 - 24.68%))
Current Ratio = 1.03 (Total Current Assets 5.95b / Total Current Liabilities 5.76b)
Debt / Equity = 2.41 (Debt 5.94b / totalStockholderEquity, last quarter 2.47b)
Debt / EBITDA = 2.47 (Net Debt 5.19b / EBITDA 2.10b)
Debt / FCF = 3.51 (Net Debt 5.19b / FCF TTM 1.48b)
Total Stockholder Equity = 2.16b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.84% (Net Income 836.0m / Total Assets 11.9b)
RoE = 38.68% (Net Income TTM 836.0m / Total Stockholder Equity 2.16b)
RoCE = 39.46% (EBIT 1.20b / Capital Employed (Equity 2.16b + L.T.Debt 872.0m))
RoIC = 14.00% (NOPAT 901.6m / Invested Capital 6.44b)
WACC = 5.97% (E(24.5b)/V(30.5b) * Re(7.24%) + D(5.94b)/V(30.5b) * Rd(0.98%) * (1-Tc(0.25)))
Discount Rate = 7.24% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 20.0 | Cagr: -0.30%
[DCF] Terminal Value 75.56% ; FCFF base≈1.47b ; Y1≈1.49b ; Y5≈1.60b
[DCF] Fair Price = 165.7 (EV 24.9b - Net Debt 5.19b = Equity 19.7b / Shares 118.8m; r=8.35% [WACC [floored]]; 5y FCF grow 0.89% → 2.50% )
EPS Correlation: -92.42 | EPS CAGR: -21.67% | SUE: 2.45 | # QB: 1
Revenue Correlation: -35.30 | Revenue CAGR: -3.44% | SUE: -0.53 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.22 | Chg30d=+1.77% | Revisions=+40% | Analysts=5
EPS next Quarter (2026-09-30): EPS=2.19 | Chg30d=+2.62% | Revisions=+40% | Analysts=5
EPS current Year (2026-12-31): EPS=8.36 | Chg30d=+1.79% | Revisions=+50% | GrowthEPS=+12.7% | GrowthRev=-1.5%
EPS next Year (2027-12-31): EPS=8.86 | Chg30d=+0.94% | Revisions=+17% | GrowthEPS=+5.9% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: +62% (up=9, down=1)