KRN Stock Analysis: Krones | XETRA
Specialty Industrial Machinery | XETRA, Germany | Market Cap: 3.538m EUR | 12M Return: -7.3% | DE0006335003 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.82M
EPS Trend: 91.7%
Qual. Beats: 0
Rev. Trend: 96.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.8 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.
Krones AG (XETRA: KRN) is a Germany-based industrial machinery company that designs and manufactures production, filling, packaging and logistics systems, mainly for food and beverage producers. Its three segments cover filling and packaging technology, beverage and food processing, and automated intralogistics.
The company also provides water treatment, production software and digitalization solutions, and serves customers in industries including brewing, food, chemicals, pharmaceuticals and cosmetics. Founded in 1951 and headquartered in Neutraubling, Krones operates internationally.
- Filling and packaging demand drives sales across beverage markets
- Recycling mandates and efficiency upgrades spur equipment investment
- Customer capex cycles and project execution pressure margins
| Net Income: 292.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.49 > 1.0 |
| NWC/Revenue: 17.61% < 20% (prev 16.30%; Δ 1.32% < -1%) |
| CFO/TA 0.08 > 3% & CFO 412.9m > Net Income 292.3m |
| Net Debt (-83.7m) to EBITDA (608.6m): -0.14 < 3 |
| Current Ratio: 1.42 > 1.5 & < 3 |
| Outstanding Shares: last quarter (31.6m) vs 12m ago 0.18% < -2% |
| Gross Margin: 12.35% > 18% (prev 52.09%; Δ -39.74% > 0.5%) |
| Asset Turnover: 115.5% > 50% (prev 114.8%; Δ 0.69% > 0%) |
| Interest Coverage Ratio: 50.80 > 6 (EBIT TTM 412.9m / Interest Expense TTM 8.13m) |
| A: 0.20 (Total Current Assets 3.38b - Total Current Liabilities 2.38b) / Total Assets 5.03b |
| B: 0.35 (Retained Earnings 1.78b / Total Assets 5.03b) |
| C: 0.08 (EBIT TTM 412.9m / Avg Total Assets 4.89b) |
| D: 0.77 (Book Value of Equity 2.19b / Total Liabilities 2.83b) |
| Altman-Z'' = 3.83 = AA |
| DSRI: 0.99 (Receivables 2.01b/1.95b, Revenue 5.65b/5.46b) |
| GMI: 4.22 (GM 52.09% / 12.35%) |
| AQI: 1.01 (AQ_t 0.14 / AQ_t-1 0.14) |
| SGI: 1.03 (Revenue 5.65b / 5.46b) |
| TATA: -0.02 (NI 292.3m - CFO 412.9m) / TA 5.03b) |
| Beneish M = -0.09 (Cap -4..+1) = D |
As of November 02, 2026, the stock is trading at EUR 113.40 with a total of 49,925 shares traded. Over the past week, the price has changed by +2.90%, over one month by +5.19%, over three months by -1.56% and over the past year by -7.28%.
Current recommended Stop Loss: 108.30 (which is 4.5% or 1.8 ATR below the current price).
Krones has no consensus analysts rating.
P/E Trailing = 12.1212
P/E Forward = 11.1111
P/S = 0.6203
P/B = 1.5885
P/EG = 0.6645
Revenue TTM = 5.65b EUR
EBIT TTM = 412.9m EUR
EBITDA TTM = 608.6m EUR
Long Term Debt = 103.7m EUR (from longTermDebtTotal, last fiscal year)
Short Term Debt = 47.4m EUR (from shortTermDebt, last quarter)
Debt = 321.7m EUR (from shortLongTermDebtTotal, last quarter) + Leases 147.6m
Net Debt = -83.7m EUR (calculated: Debt 321.7m - CCE 405.4m)
Enterprise Value = 3.45b EUR (3.54b + Debt 321.7m - CCE 405.4m)
Interest Coverage Ratio = 50.80 (Ebit TTM 412.9m / Interest Expense TTM 8.13m)
EV/FCF = 15.16x (Enterprise Value 3.45b / FCF TTM 227.9m)
FCF Yield = 6.60% (FCF TTM 227.9m / Enterprise Value 3.45b)
FCF Margin = 4.03% (FCF TTM 227.9m / Revenue TTM 5.65b)
Net Margin = 5.17% (Net Income TTM 292.3m / Revenue TTM 5.65b)
Gross Margin = 12.35% ((Revenue TTM 5.65b - Cost of Revenue TTM 4.95b) / Revenue TTM)
Gross Margin QoQ = 18.30% (prev 57.17%)
Tobins Q-Ratio = 0.69 (Enterprise Value 3.45b / Total Assets 5.03b)
Interest Expense / Debt = 2.53% (Interest Expense 8.13m / Debt 321.7m)
Taxrate = 29.78% (124.0m / 416.3m)
NOPAT = 289.9m (EBIT 412.9m * (1 - 29.78%))
Current Ratio = 1.42 (Total Current Assets 3.38b / Total Current Liabilities 2.38b)
Debt / Equity = 0.15 (Debt 321.7m / totalStockholderEquity, last quarter 2.19b)
Debt / EBITDA = -0.14 (Net Debt -83.7m / EBITDA 608.6m)
Debt / FCF = -0.37 (Net Debt -83.7m / FCF TTM 227.9m)
Total Stockholder Equity = 2.14b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.97% (Net Income 292.3m / Total Assets 5.03b)
RoE = 13.67% (Net Income TTM 292.3m / Total Stockholder Equity 2.14b)
RoCE = 18.42% (EBIT 412.9m / Capital Employed (Equity 2.14b + L.T.Debt 103.7m))
RoIC = 12.03% (NOPAT 289.9m / Invested Capital 2.41b)
WACC = 7.24% (E(3.54b)/V(3.86b) * Re(7.74%) + D(321.7m)/V(3.86b) * Rd(2.53%) * (1-Tc(0.30)))
Discount Rate = 7.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 25.84 | Cagr: 0.00%
[DCF] Terminal Value 77.97% ; FCFF base≈213.7m ; Y1≈244.9m ; Y5≈360.5m
[DCF] Fair Price = 174.4 (EV 5.42b - Net Debt -83.7m = Equity 5.51b / Shares 31.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 91.72 | EPS CAGR: 12.08% | SUE: 0.59 | # QB: 0
Revenue Correlation: 96.74 | Revenue CAGR: 8.32% | SUE: 0.50 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.51 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=9.98 | Chg30d=-1.18% | Revisions=-67% | GrowthEPS=+5.6% | GrowthRev=+0.9%
EPS next Year (2027-12-31): EPS=10.62 | Chg30d=-3.86% | Revisions=-70% | GrowthEPS=+6.4% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: -81% (up=0, down=13)