KGX Stock Analysis: Kion | XETRA
Farm & Heavy Construction Machinery | XETRA, Germany | Market Cap: 5.749m EUR | 12M Return: -24.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.8M
EPS Trend: 46.8%
Qual. Beats: 0
Rev. Trend: -15.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
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.
KION Group AG is a Frankfurt-headquartered, Germany-listed industrial company operating through two segments: Industrial Trucks & Services and Supply Chain Solutions. It manufactures and services forklifts, counterbalance trucks (electric and internal combustion), narrow-aisle and warehouse trucks, components, spare parts, and lithium-ion batteries under the Linde, STILL, Baoli, Fenwick, and OM brands, and provides leasing, rental, maintenance, fleet management, driver assistance, and finance solutions. Under the Dematic brand, it also supplies integrated warehouse automation such as automated guided vehicles, automated storage and retrieval systems, palletizers, sorters, conveyors, racking, and related software.
The company operates across Western and Eastern Europe, the Middle East and Africa, the Americas, China, and the rest of Asia Pacific, and was founded in 2006 (formerly KION Holding 1 GmbH). Classified within the industrials sector and the construction machinery and heavy transportation equipment sub-industry, KION sits at the intersection of traditional material handling equipment and the warehouse automation and intralogistics market, where end demand is tied to logistics throughput, e-commerce fulfillment capacity, and investment in distribution infrastructure.
- Dematic warehouse automation orders accelerate on e-commerce capex demand
- European forklift volumes weaken as industrial capex cycle slows
- China price competition pressures industrial truck margins and share
| Net Income: 367.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -1.76 > 1.0 |
| NWC/Revenue: 4.76% < 20% (prev -0.59%; Δ 5.35% < -1%) |
| CFO/TA 0.06 > 3% & CFO 1.09b > Net Income 367.8m |
| Net Debt (12.0b) to EBITDA (1.77b): 6.76 < 3 |
| Current Ratio: 1.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (131.1m) vs 12m ago -0.02% < -2% |
| Gross Margin: 26.13% > 18% (prev 26.45%; Δ -0.32% > 0.5%) |
| Asset Turnover: 59.61% > 50% (prev 60.63%; Δ -1.02% > 0%) |
| Interest Coverage Ratio: 1.84 > 6 (EBIT TTM 606.7m / Interest Expense TTM 329.9m) |
| A: 0.03 (Total Current Assets 5.75b - Total Current Liabilities 5.21b) / Total Assets 19.0b |
| B: 0.12 (Retained Earnings 2.36b / Total Assets 19.0b) |
| C: 0.03 (EBIT TTM 606.7m / Avg Total Assets 18.9b) |
| D: 0.49 (Book Value of Equity 6.25b / Total Liabilities 12.7b) |
| Altman-Z'' = 1.32 = BB |
| DSRI: 1.37 (Receivables 2.74b/2.02b, Revenue 11.3b/11.4b) |
| GMI: 1.01 (GM 26.45% / 26.13%) |
| AQI: 0.98 (AQ_t 0.46 / AQ_t-1 0.47) |
| SGI: 0.99 (Revenue 11.3b / 11.4b) |
| TATA: -0.04 (NI 367.8m - CFO 1.09b) / TA 19.0b) |
| Beneish M = -2.73 (Cap -4..+1) = A |
As of July 11, 2026, the stock is trading at EUR 40.96 with a total of 189,651 shares traded. Over the past week, the price has changed by -5.64%, over one month by +8.45%, over three months by -7.75% and over the past year by -24.11%.
Current recommended Stop Loss: 38.60 (which is 5.8% or 1.3 ATR below the current price).
Kion has no consensus analysts rating.
P/E Trailing = 15.6571
P/E Forward = 8.4602
P/S = 0.5046
P/B = 0.9112
P/EG = 0.3528
Revenue TTM = 11.3b EUR
EBIT TTM = 606.7m EUR
EBITDA TTM = 1.77b EUR
Long Term Debt = 903.8m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 3.34b EUR (from shortTermDebt, last quarter)
Debt = 12.9b EUR (from shortLongTermDebtTotal, last quarter) + Leases 5.68b
Net Debt = 12.0b EUR (calculated: Debt 12.9b - CCE 967.2m)
Enterprise Value = 17.7b EUR (5.75b + Debt 12.9b - CCE 967.2m)
Interest Coverage Ratio = 1.84 (Ebit TTM 606.7m / Interest Expense TTM 329.9m)
EV/FCF = 24.68x (Enterprise Value 17.7b / FCF TTM 717.0m)
FCF Yield = 4.05% (FCF TTM 717.0m / Enterprise Value 17.7b)
FCF Margin = 6.36% (FCF TTM 717.0m / Revenue TTM 11.3b)
Net Margin = 3.26% (Net Income TTM 367.8m / Revenue TTM 11.3b)
Gross Margin = 26.13% ((Revenue TTM 11.3b - Cost of Revenue TTM 8.33b) / Revenue TTM)
Gross Margin QoQ = 25.87% (prev 24.69%)
Tobins Q-Ratio = 0.93 (Enterprise Value 17.7b / Total Assets 19.0b)
Interest Expense / Debt = 2.55% (Interest Expense 329.9m / Debt 12.9b)
Taxrate = 31.44% (174.1m / 553.7m)
NOPAT = 415.9m (EBIT 606.7m * (1 - 31.44%))
Current Ratio = 1.10 (Total Current Assets 5.75b / Total Current Liabilities 5.21b)
Debt / Equity = 2.07 (Debt 12.9b / totalStockholderEquity, last quarter 6.25b)
Debt / EBITDA = 6.76 (Net Debt 12.0b / EBITDA 1.77b)
Debt / FCF = 16.67 (Net Debt 12.0b / FCF TTM 717.0m)
Total Stockholder Equity = 6.06b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.94% (Net Income 367.8m / Total Assets 19.0b)
RoE = 6.07% (Net Income TTM 367.8m / Total Stockholder Equity 6.06b)
RoCE = 8.72% (EBIT 606.7m / Capital Employed (Equity 6.06b + L.T.Debt 903.8m))
RoIC = 2.51% (NOPAT 415.9m / Invested Capital 16.6b)
WACC = 4.42% (E(5.75b)/V(18.7b) * Re(10.42%) + D(12.9b)/V(18.7b) * Rd(2.55%) * (1-Tc(0.31)))
Discount Rate = 10.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -29.28 | Cagr: -0.01%
[DCF] Terminal Value 73.10% ; FCFF base≈847.7m ; Y1≈743.4m ; Y5≈600.6m
[DCF] Fair Price = N/A (negative equity: EV 9.64b - Net Debt 12.0b = -2.31b; debt exceeds intrinsic value)
EPS Correlation: 46.75 | EPS CAGR: 16.49% | SUE: -0.17 | # QB: 0
Revenue Correlation: -15.34 | Revenue CAGR: -0.19% | SUE: -0.26 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.04 | Chg30d=+16.61% | Revisions=-25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.87 | Chg30d=-2.82% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=3.67 | Chg30d=-2.19% | Revisions=-57% | GrowthEPS=+13.0% | GrowthRev=+3.6%
EPS next Year (2027-12-31): EPS=4.64 | Chg30d=-2.38% | Revisions=-57% | GrowthEPS=+26.4% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: -77% (up=0, down=10)