Financials Kuehne und Nagel International AG

Equities

KNIN

CH0025238863

Air Freight & Logistics

Market Closed - Swiss Exchange 11:31:30 2024-04-26 am EDT 5-day change 1st Jan Change
242.8 CHF +1.80% Intraday chart for Kuehne und Nagel International AG -2.37% -16.22%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 19,541 24,055 35,427 25,885 34,666 28,727 - -
Enterprise Value (EV) 1 20,985 24,343 34,806 23,807 32,858 27,330 27,175 27,140
P/E ratio 24.5 x 30.6 x 17.4 x 9.77 x 24.1 x 23 x 22.4 x 22.3 x
Yield 3.68% 2.24% 3.4% 6.51% 3.45% 3.17% 3.18% 3.19%
Capitalization / Revenue 0.93 x 1.18 x 1.08 x 0.66 x 1.45 x 1.23 x 1.19 x 1.15 x
EV / Revenue 0.99 x 1.19 x 1.06 x 0.6 x 1.38 x 1.17 x 1.13 x 1.09 x
EV / EBITDA 11.5 x 12.7 x 9.46 x 5.25 x 12.3 x 11.1 x 10.5 x 10.2 x
EV / FCF 15 x 15.8 x 15.4 x 5.73 x 23.7 x 20.2 x 16.4 x 16.2 x
FCF Yield 6.68% 6.33% 6.51% 17.5% 4.23% 4.95% 6.08% 6.16%
Price to Book 8.44 x 9.98 x 11.1 x 6.22 x 10.9 x 8.98 x 8.3 x 7.53 x
Nbr of stocks (in thousands) 119,735 119,794 120,338 120,285 119,619 118,315 - -
Reference price 2 163.2 200.8 294.4 215.2 289.8 242.8 242.8 242.8
Announcement Date 2/27/20 3/3/21 3/2/22 3/1/23 3/1/24 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 21,094 20,382 32,801 39,398 23,849 23,362 24,151 24,882
EBITDA 1 1,829 1,920 3,679 4,532 2,678 2,459 2,590 2,656
EBIT 1 1,061 1,070 2,946 3,763 1,903 1,632 1,695 1,744
Operating Margin 5.03% 5.25% 8.98% 9.55% 7.98% 6.99% 7.02% 7.01%
Earnings before Tax (EBT) 1 1,047 1,059 2,945 3,808 1,956 1,580 1,743 1,774
Net income 1 798 788 2,032 2,644 1,431 1,191 1,246 1,278
Net margin 3.78% 3.87% 6.19% 6.71% 6% 5.1% 5.16% 5.14%
EPS 2 6.660 6.570 16.88 22.03 12.02 10.54 10.85 10.90
Free Cash Flow 1 1,401 1,541 2,265 4,157 1,389 1,352 1,652 1,672
FCF margin 6.64% 7.56% 6.91% 10.55% 5.82% 5.79% 6.84% 6.72%
FCF Conversion (EBITDA) 76.6% 80.26% 61.57% 91.73% 51.87% 54.98% 63.8% 62.96%
FCF Conversion (Net income) 175.56% 195.56% 111.47% 157.22% 97.06% 113.52% 132.57% 130.83%
Dividend per Share 2 6.000 4.500 10.00 14.00 10.00 7.688 7.715 7.739
Announcement Date 2/27/20 3/3/21 3/2/22 3/1/23 3/1/24 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - 10,960 10,158 10,473 9,972 8,795 6,748 5,973 5,438 5,690 11,128 5,508 5,971 5,580 5,843 - -
EBITDA 1 - 1,310 1,306 1,274 1,109 843 803 715 640 520 1,160 576 603.1 612 627.3 - -
EBIT 1 419 1,121 1,120 1,075 924 644 612 523 446 322 768 376 404.5 420.1 422.4 - -
Operating Margin - 10.23% 11.03% 10.26% 9.27% 7.32% 9.07% 8.76% 8.2% 5.66% 6.9% 6.83% 6.77% 7.53% 7.23% - -
Earnings before Tax (EBT) - - - - - - 628 - - 324 779 - - - - - -
Net income 1 - 719 783 754 654 453 456 400 315 260 575 273 276 312 303.7 - -
Net margin - 6.56% 7.71% 7.2% 6.56% 5.15% 6.76% 6.7% 5.79% 4.57% 5.17% 4.96% 4.62% 5.59% 5.2% - -
EPS 2 - 5.970 6.500 6.290 5.450 - 3.810 3.360 2.650 2.170 4.830 2.300 2.390 2.587 2.617 - -
Dividend per Share 2 - 10.00 - - - 14.00 - - - 10.00 - - - - 7.773 - -
Announcement Date 7/21/20 3/2/22 4/26/22 7/25/22 10/24/22 3/1/23 4/24/23 7/25/23 10/24/23 3/1/24 3/1/24 4/23/24 - - - - -
1CHF in Million2CHF
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,444 288 - - - - - -
Net Cash position 1 - - 621 2,078 1,808 1,397 1,552 1,587
Leverage (Debt/EBITDA) 0.7895 x 0.15 x - - - - - -
Free Cash Flow 1 1,401 1,541 2,265 4,157 1,389 1,352 1,652 1,672
ROE (net income / shareholders' equity) 34.4% 33.4% 72.4% 72% 39.2% 38.9% 39.2% 34.6%
ROA (Net income/ Total Assets) 9.02% 8.01% 16.6% 18% 11.1% 10.8% 11.7% 12.1%
Assets 1 8,852 9,838 12,250 14,700 12,861 11,001 10,697 10,582
Book Value Per Share 2 19.30 20.10 26.60 34.60 26.50 27.00 29.20 32.20
Cash Flow per Share 2 14.30 14.30 20.50 36.70 14.30 17.40 17.40 16.80
Capex 1 320 177 197 247 310 300 256 276
Capex / Sales 1.52% 0.87% 0.6% 0.63% 1.3% 1.28% 1.06% 1.11%
Announcement Date 2/27/20 3/3/21 3/2/22 3/1/23 3/1/24 - - -
1CHF in Million2CHF
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
16
Last Close Price
242.8 CHF
Average target price
241.9 CHF
Spread / Average Target
-0.36%
Consensus
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  4. Financials Kuehne und Nagel International AG