SDF Stock Analysis: K+S Aktiengesellschaft | XETRA

Agricultural Inputs | XETRA, Germany | Market Cap: 2.400m EUR | 12M Return: -15.5% | Charts, Fundamentals & Technical Analysis

Potash Fertilizers, Industrial Salts, Animal Nutrition, Specialty Minerals
Total Rating 33
Safety 77
Buy Signal -0.23
Agricultural Inputs
Industry Rotation: -4.2
Market Cap: 2.75B
Avg Turnover: 13.2M
Risk 3d forecast
Volatility28.9%
VaR 5th Pctl4.66%
VaR vs Median-1.84%
Reward TTM
Sharpe Ratio-0.41
Rel. Str. IBD16.1
Rel. Str. Peer Group31.8
Character TTM
Beta-0.083
Beta Downside-0.208
Hurst Exponent0.294
Drawdowns 3y
Max DD41.68%
CAGR/Max DD-0.18
CAGR/Mean DD-0.33
EPS (Earnings per Share) EPS (Earnings per Share) of SDF over the last years for every Quarter: "2021-06": 0.82, "2021-09": 6.68, "2021-12": 2.81, "2022-03": 1.62, "2022-06": 1.93, "2022-09": 1.98, "2022-12": 1.99, "2023-03": 1.21, "2023-06": -0.29, "2023-09": -0.13, "2023-12": 0.4, "2024-03": 0.28, "2024-06": 0.04, "2024-09": -0.24, "2024-12": -0.06, "2025-03": 0.48, "2025-06": -0.07, "2025-09": 0.01, "2025-12": 3.19, "2026-03": -0.76,
EPS CAGR: -28.94%
EPS Trend: -19.0%
Last SUE: -1.30
Qual. Beats: -1
Revenue Revenue of SDF over the last years for every Quarter: 2021-06: 664.2, 2021-09: 746.3, 2021-12: 1069.4, 2022-03: 1212.3, 2022-06: 1509.9, 2022-09: 1469.9, 2022-12: 1484.4, 2023-03: 1192, 2023-06: 825.8, 2023-09: 880.8, 2023-12: 974, 2024-03: 988, 2024-06: 873.8, 2024-09: 866.2, 2024-12: 925.1, 2025-03: 964.7, 2025-06: 871.2, 2025-09: 879.1, 2025-12: 932.9, 2026-03: 1060.8,
Rev. CAGR: -7.21%
Rev. Trend: -69.4%
Last SUE: 0.30
Qual. Beats: 0

Warnings

Interest Coverage Ratio Critical
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +9.9% 44
Feb +1.5% 38
Mar -0.6% 0
Apr +5.2% 41
May -0.6% 0
Jun -1.8% 36
Jul -2.4% 0
Aug -2.3% 26
Sep +1.3% 0
Oct -0.4% 24
Nov -4.1% 28
Dec +3.7% 31

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.

Description: SDF K+S Aktiengesellschaft

K+S Aktiengesellschaft (XETRA: SDF) is a German-based supplier of mineral products, primarily potash and salt, serving agricultural, industrial, pharmaceutical, consumer, and community sectors across Europe, the Americas, Asia, Africa, and Oceania. The companys core offering centers on potassium chloride fertilizers, specialty fertilizers with magnesium and sulfur, and water-soluble fertilizers marketed under numerous brands such as KALISOP, KORN-KALI, and EPSO TOP. Beyond agriculture, K+S produces natural rock salt, high-purity vacuum salt, and mineral salt mixtures for industrial and consumer applications, including table salts (e.g., Cérébos), water softening products, and animal nutrition items (salt licks and livestock minerals). The company also provides waste management and transportation and logistics services. Founded in 1889 and headquartered in Kassel, Germany, K+S operates within the global potash mining and salt production industry, where potash serves as one of the three primary macronutrients (alongside nitrogen and phosphorus) essential for crop yields.

Headlines to Watch Out For
  • Potash prices swing on global supply-demand dynamics
  • European natural gas costs pressure fertilizer production margins
  • USD weakness lifts translated North American fertilizer revenue
Piotroski VR-10 (Strict) 3.5
Net Income: -1.32b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 1.26 > 1.0
NWC/Revenue: 44.76% < 20% (prev 42.73%; Δ 2.03% < -1%)
CFO/TA 0.08 > 3% & CFO 631.4m > Net Income -1.32b
Net Debt (-10.4m) to EBITDA (1.19b): -0.01 < 3
Current Ratio: 3.65 > 1.5 & < 3
Outstanding Shares: last quarter (179.1m) vs 12m ago 0.0% < -2%
Gross Margin: -34.64% > 18% (prev 9.34%; Δ -43.98% > 0.5%)
Asset Turnover: 44.50% > 50% (prev 39.44%; Δ 5.06% > 0%)
Interest Coverage Ratio: -30.94 > 6 (EBIT TTM -1.11b / Interest Expense TTM 35.8m)
Altman Z'' 3.95
A: 0.22 (Total Current Assets 2.31b - Total Current Liabilities 632.1m) / Total Assets 7.62b
B: 0.51 (Retained Earnings 3.90b / Total Assets 7.62b)
C: -0.13 (EBIT TTM -1.11b / Avg Total Assets 8.41b)
D: 1.64 (Book Value of Equity 4.74b / Total Liabilities 2.88b)
Altman-Z'' = 3.95 = AA
Beneish M -2.85
DSRI: 1.12 (Receivables 847.6m/733.1m, Revenue 3.74b/3.63b)
GMI: 1.00 (fallback, negative margins)
AQI: 1.14 (AQ_t 0.06 / AQ_t-1 0.05)
SGI: 1.03 (Revenue 3.74b / 3.63b)
TATA: -0.26 (NI -1.32b - CFO 631.4m) / TA 7.62b)
Beneish M = -2.85 (Cap -4..+1) = A
What is the price of SDF shares?

As of July 06, 2026, the stock is trading at EUR 13.40 with a total of 335,232 shares traded. Over the past week, the price has changed by +1.06%, over one month by -5.63%, over three months by -21.83% and over the past year by -15.45%.

Current recommended Stop Loss: 12.40 (which is 7.5% or 2.4 ATR below the current price).

Is SDF a buy, sell or hold?

K+S Aktiengesellschaft has no consensus analysts rating.

K+S Aktiengesellschaft (SDF) - Fundamental Data Overview as of 05 July 2026
Market Cap USD = 2.75b (2.40b EUR * 1.1438 EUR.USD)
P/E Forward = 46.729
P/S = 0.641
P/B = 0.5012
P/EG = 9.4991
Revenue TTM = 3.74b EUR
EBIT TTM = -1.11b EUR
EBITDA TTM = 1.19b EUR
Long Term Debt = 495.2m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 52.6m EUR (from shortTermDebt, last fiscal year)
Debt = 495.6m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -10.4m EUR (calculated: Debt 495.6m - CCE 506.0m)
Enterprise Value = 2.39b EUR (2.40b + Debt 495.6m - CCE 506.0m)
Interest Coverage Ratio = -30.94 (Ebit TTM -1.11b / Interest Expense TTM 35.8m)
EV/FCF = 27.06x (Enterprise Value 2.39b / FCF TTM 88.3m)
FCF Yield = 3.70% (FCF TTM 88.3m / Enterprise Value 2.39b)
FCF Margin = 2.36% (FCF TTM 88.3m / Revenue TTM 3.74b)
Net Margin = -35.20% (Net Income TTM -1.32b / Revenue TTM 3.74b)
Gross Margin = -34.64% ((Revenue TTM 3.74b - Cost of Revenue TTM 5.04b) / Revenue TTM)
Gross Margin QoQ = -2.49% (prev 68.08%)
Tobins Q-Ratio = 0.31 (Enterprise Value 2.39b / Total Assets 7.62b)
Interest Expense / Debt = 7.22% (Interest Expense 35.8m / Debt 495.6m)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = -830.9m (EBIT -1.11b * (1 - 25.00%)) [loss with tax shield]
Current Ratio = 3.65 (Total Current Assets 2.31b / Total Current Liabilities 632.1m)
Debt / Equity = 0.10 (Debt 495.6m / totalStockholderEquity, last quarter 4.74b)
Debt / EBITDA = -0.01 (Net Debt -10.4m / EBITDA 1.19b)
Debt / FCF = -0.12 (Net Debt -10.4m / FCF TTM 88.3m)
Total Stockholder Equity = 4.55b (last 4 quarters mean from totalStockholderEquity)
RoA = -15.67% (Net Income -1.32b / Total Assets 7.62b)
RoE = -29.00% (Net Income TTM -1.32b / Total Stockholder Equity 4.55b)
RoCE = -21.98% (EBIT -1.11b / Capital Employed (Equity 4.55b + L.T.Debt 495.2m))
 RoIC = -12.12% (negative operating profit) (NOPAT -830.9m / Invested Capital 6.86b)
 WACC = 5.64% (E(2.40b)/V(2.90b) * Re(5.69%) + D(495.6m)/V(2.90b) * Rd(7.22%) * (1-Tc(0.25)))
Discount Rate = 5.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -4.97 | Cagr: 0.0%
[DCF] Terminal Value 75.44% ; FCFF base≈88.3m ; Y1≈88.7m ; Y5≈93.9m
[DCF] Fair Price = 8.21 (EV 1.46b - Net Debt -10.4m = Equity 1.47b / Shares 179.1m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -19.03 | EPS CAGR: -28.94% | SUE: -1.30 | # QB: -1
Revenue Correlation: -69.38 | Revenue CAGR: -7.21% | SUE: 0.30 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.12 | Chg30d=+0.00% | Revisions=-25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.10 | Chg30d=+0.00% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=1.31 | Chg30d=+3.85% | Revisions=-25% | GrowthEPS=+87.8% | GrowthRev=+5.5%
EPS next Year (2027-12-31): EPS=1.02 | Chg30d=+3.12% | Revisions=+50% | GrowthEPS=-22.7% | GrowthRev=+0.2%
[Analyst] Revisions Ratio: +31% (up=7, down=3)