SDF Stock Analysis: K+S Aktiengesellschaft | XETRA
Agricultural Inputs | XETRA, Germany | Market Cap: 2.884m EUR | 12M Return: 42.4% | DE000KSAG888 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.3M
EPS Trend: 17.5%
Qual. Beats: 0
Rev. Trend: -45.8%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.6 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.
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.
- Potash prices swing on global supply-demand dynamics
- European natural gas costs pressure fertilizer production margins
- USD weakness lifts translated North American fertilizer revenue
| Net Income: 1.06b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 1.18 > 1.0 |
| NWC/Revenue: 52.28% < 20% (prev 43.52%; Δ 8.76% < -1%) |
| CFO/TA 0.07 > 3% & CFO 645.8m > Net Income 1.06b |
| Net Debt (188.3m) to EBITDA (1.86b): 0.10 < 3 |
| Current Ratio: 4.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (182.1m) vs 12m ago 1.67% < -2% |
| Gross Margin: 38.99% > 18% (prev -47.19%; Δ 86.17% > 0.5%) |
| Asset Turnover: 48.83% > 50% (prev 50.79%; Δ -1.95% > 0%) |
| Interest Coverage Ratio: 38.15 > 6 (EBIT TTM 1.66b / Interest Expense TTM 43.6m) |
| A: 0.23 (Total Current Assets 2.63b - Total Current Liabilities 619.4m) / Total Assets 8.63b |
| B: 0.53 (Retained Earnings 4.59b / Total Assets 8.63b) |
| C: 0.21 (EBIT TTM 1.66b / Avg Total Assets 7.89b) |
| D: 1.65 (Book Value of Equity 5.37b / Total Liabilities 3.25b) |
| Altman-Z'' = 6.42 = AAA |
| DSRI: 1.13 (Receivables 830.2m/691.0m, Revenue 3.85b/3.63b) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.82 (AQ_t 0.05 / AQ_t-1 0.07) |
| SGI: 1.06 (Revenue 3.85b / 3.63b) |
| TATA: 0.05 (NI 1.06b - CFO 645.8m) / TA 8.63b) |
| Beneish M = -2.97 (Cap -4..+1) = A |
As of August 31, 2026, the stock is trading at EUR 16.33 with a total of 1,543,454 shares traded. Over the past week, the price has changed by -0.31%, over one month by +11.24%, over three months by +10.64% and over the past year by +42.40%.
Current recommended Stop Loss: 15.70 (which is 3.9% or 1.3 ATR below the current price).
K+S Aktiengesellschaft has no consensus analysts rating.
P/E Trailing = 2.7631
P/E Forward = 46.729
P/S = 0.7524
P/B = 0.5368
P/EG = 9.4991
Revenue TTM = 3.85b EUR
EBIT TTM = 1.66b EUR
EBITDA TTM = 1.86b EUR
Long Term Debt = 495.2m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 46.1m EUR (from shortTermDebt, last quarter)
Debt = 992.9m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 188.3m EUR (calculated: Debt 992.9m - CCE 804.6m)
Enterprise Value = 3.07b EUR (2.88b + Debt 992.9m - CCE 804.6m)
Interest Coverage Ratio = 38.15 (Ebit TTM 1.66b / Interest Expense TTM 43.6m)
EV/FCF = 27.40x (Enterprise Value 3.07b / FCF TTM 112.1m)
FCF Yield = 3.65% (FCF TTM 112.1m / Enterprise Value 3.07b)
FCF Margin = 2.91% (FCF TTM 112.1m / Revenue TTM 3.85b)
Net Margin = 27.59% (Net Income TTM 1.06b / Revenue TTM 3.85b)
Gross Margin = 38.99% ((Revenue TTM 3.85b - Cost of Revenue TTM 2.35b) / Revenue TTM)
Gross Margin QoQ = 83.07% (prev -2.49%)
Tobins Q-Ratio = 0.36 (Enterprise Value 3.07b / Total Assets 8.63b)
Interest Expense / Debt = 4.39% (Interest Expense 43.6m / Debt 992.9m)
Taxrate = 7.46% (85.7m / 1.15b)
NOPAT = 1.54b (EBIT 1.66b * (1 - 7.46%))
Current Ratio = 4.25 (Total Current Assets 2.63b / Total Current Liabilities 619.4m)
Debt / Equity = 0.18 (Debt 992.9m / totalStockholderEquity, last quarter 5.37b)
Debt / EBITDA = 0.10 (Net Debt 188.3m / EBITDA 1.86b)
Debt / FCF = 1.68 (Net Debt 188.3m / FCF TTM 112.1m)
Total Stockholder Equity = 4.81b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.47% (Net Income 1.06b / Total Assets 8.63b)
RoE = 22.07% (Net Income TTM 1.06b / Total Stockholder Equity 4.81b)
RoCE = 31.33% (EBIT 1.66b / Capital Employed (Equity 4.81b + L.T.Debt 495.2m))
RoIC = 19.57% (NOPAT 1.54b / Invested Capital 7.86b)
WACC = 5.08% (E(2.88b)/V(3.88b) * Re(5.43%) + D(992.9m)/V(3.88b) * Rd(4.39%) * (1-Tc(0.07)))
Discount Rate = 5.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 51.15 | Cagr: 0.74%
[DCF] Terminal Value 77.97% ; FCFF base≈70.6m ; Y1≈81.0m ; Y5≈119.1m
[DCF] Fair Price = 8.96 (EV 1.79b - Net Debt 188.3m = Equity 1.60b / Shares 179.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 17.47 | EPS CAGR: 35.25% | SUE: 0.09 | # QB: 0
Revenue Correlation: -45.83 | Revenue CAGR: -2.67% | SUE: 2.90 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.11 | Chg30d=+10.89% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=1.14 | Chg30d=-15.72% | Revisions=+50% | GrowthEPS=+62.6% | GrowthRev=+6.8%
EPS next Year (2027-12-31): EPS=1.16 | Chg30d=+9.72% | Revisions=+38% | GrowthEPS=+1.9% | GrowthRev=+0.3%
[Analyst] Revisions Ratio: +58% (up=8, down=1)