Kone
49.43
EUR
+0.8 %
KNEBV
NASDAQ Helsinki
Industrial Goods & Services
Industrials
16,166 following
Income statement
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | 2026e | 2027e | 2028e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 9,070.7 | 9,981.8 | 9,938.6 | 10,514.2 | 10,906.6 | 10,952.3 | 11,098.3 | 11,558.3 | 12,206.7 | 12,847.6 | 13,433.2 |
growth-% | 10.0 % | -0.4 % | 5.8 % | 3.7 % | 0.4 % | 1.3 % | 4.1 % | 5.6 % | 5.3 % | 4.6 % | |
EBITDA | 1,161.3 | 1,434.0 | 1,451.9 | 1,539.3 | 1,290.5 | 1,469.5 | 1,541.2 | 1,706.5 | 1,854.3 | 2,007.7 | 2,117.8 |
EBIT (adj.) | 1,112.1 | 1,237.4 | 1,250.5 | 1,309.8 | 1,076.6 | 1,248.4 | 1,303.0 | 1,415.7 | 1,556.6 | 1,699.5 | 1,798.7 |
EBIT | 1,042.4 | 1,192.5 | 1,212.9 | 1,295.3 | 1,031.2 | 1,200.1 | 1,249.0 | 1,415.7 | 1,556.6 | 1,699.5 | 1,798.7 |
Profit before taxes | 1,087.1 | 1,217.6 | 1,224.3 | 1,320.8 | 1,028.5 | 1,206.2 | 1,254.2 | 1,429.5 | 1,574.4 | 1,722.1 | 1,826.0 |
Net income | 840.8 | 931.4 | 939.3 | 1,014.2 | 774.5 | 925.8 | 951.4 | 1,098.0 | 1,209.3 | 1,322.7 | 1,402.5 |
EPS (adj.) | 1.73 | 1.86 | 1.87 | 1.98 | 1.59 | 1.88 | 1.94 | 2.12 | 2.34 | 2.56 | 2.71 |
growth-% | 7.5 % | 0.2 % | 6.2 % | -20.0 % | 18.8 % | 3.2 % | 9.2 % | 10.1 % | 9.4 % | 6.0 % | |
Dividend | 1.65 | 1.70 | 2.25 | 2.10 | 1.75 | 1.75 | 1.80 | 1.90 | 2.10 | 2.25 | 2.40 |
Dividend ratio | 101.1 % | 94.5 % | 124.1 % | 107.1 % | 116.7 % | 97.7 % | 97.8 % | 89.5 % | 89.9 % | 88.0 % | 88.6 % |
Profitability and return on capital
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | 2026e | 2027e | 2028e | |
---|---|---|---|---|---|---|---|---|---|---|---|
EBITDA-% | 12.8 % | 14.4 % | 14.6 % | 14.6 % | 11.8 % | 13.4 % | 13.9 % | 14.8 % | 15.2 % | 15.6 % | 15.8 % |
EBIT-% (adj.) | 12.3 % | 12.4 % | 12.6 % | 12.5 % | 9.9 % | 11.4 % | 11.7 % | 12.2 % | 12.8 % | 13.2 % | 13.4 % |
EBIT-% | 11.5 % | 11.9 % | 12.2 % | 12.3 % | 9.5 % | 11.0 % | 11.3 % | 12.2 % | 12.8 % | 13.2 % | 13.4 % |
ROE | 29.9 % | 29.6 % | 31.9 % | 25.8 % | 33.1 % | 33.9 % | 37.2 % | 38.4 % | 39.1 % | 38.8 % | |
ROI | 34.0 % | 32.3 % | 34.6 % | 28.4 % | 35.4 % | 35.1 % | 37.2 % | 39.8 % | 42.2 % | 43.5 % |
Valuation
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | 2026e | 2027e | 2028e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Share price (EUR) | 41.64 | 58.28 | 66.46 | 63.04 | 48.30 | 45.16 | 47.00 | 49.43 | 49.43 | 49.43 | 49.43 |
Shares | 516.1 | 518.4 | 518.4 | 518.0 | 517.1 | 517.2 | 517.5 | 517.5 | 517.5 | 517.5 | 517.5 |
Market cap | 21,488.8 | 30,211.9 | 34,452.2 | 32,652.4 | 24,975.4 | 23,358.4 | 24,323.8 | 25,581.4 | 25,581.4 | 25,581.4 | 25,581.4 |
Enterprise value | 19,786.5 | 28,637.3 | 32,476.7 | 30,466.6 | 23,644.7 | 22,323.3 | 23,470.9 | 24,561.9 | 24,336.8 | 24,108.4 | 23,882.9 |
EV/S | 2.2 | 2.9 | 3.3 | 2.9 | 2.2 | 2.0 | 2.1 | 2.1 | 2.0 | 1.9 | 1.8 |
EV/EBITDA | 17.0 | 20.0 | 22.4 | 19.8 | 18.3 | 15.2 | 15.2 | 14.4 | 13.1 | 12.0 | 11.3 |
EV/EBIT (adj.) | 17.8 | 23.1 | 26.0 | 23.3 | 22.0 | 17.9 | 18.0 | 17.3 | 15.6 | 14.2 | 13.3 |
EV/EBIT | 19.0 | 24.0 | 26.8 | 23.5 | 22.9 | 18.6 | 18.8 | 17.3 | 15.6 | 14.2 | 13.3 |
P/E (adj.) | 24.0 | 31.3 | 35.6 | 31.8 | 30.5 | 24.0 | 24.2 | 23.3 | 21.2 | 19.3 | 18.2 |
P/E | 25.6 | 32.4 | 36.7 | 32.2 | 32.2 | 25.2 | 25.6 | 23.3 | 21.2 | 19.3 | 18.2 |
P/B | 7.0 | 9.5 | 10.9 | 10.3 | 8.8 | 8.5 | 8.5 | 8.4 | 7.8 | 7.3 | 6.8 |
P/S | 2.4 | 3.0 | 3.5 | 3.1 | 2.3 | 2.1 | 2.2 | 2.2 | 2.1 | 2.0 | 1.9 |
Dividend yield | 4.0 % | 2.9 % | 3.4 % | 3.3 % | 3.6 % | 3.9 % | 3.8 % | 3.8 % | 4.3 % | 4.6 % | 4.9 % |
Equity ratio | 49.9 % | 46.5 % | 45.5 % | 41.2 % | 40.3 % | 40.9 % | 39.8 % | 41.4 % | 43.1 % | 44.9 % | 46.9 % |
Gearing ratio | -55.3 % | -48.6 % | -61.1 % | -67.6 % | -45.7 % | -36.4 % | -28.7 % | -32.5 % | -37.1 % | -41.0 % | -44.3 % |
Quarter data
Q1/24 | Q2/24 | Q3/24 | Q4/24 | 2024 | Q1/25e | Q2/25e | Q3/25e | Q4/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 2,568.2 | 2,801.1 | 2,753.5 | 2,975.6 | 11,098.3 | 2,670.4 | 2,915.1 | 2,883.1 | 3,089.7 |
EBITDA | 333.9 | 405.2 | 392.9 | 409.2 | 1,541.2 | 350.1 | 435.1 | 427.3 | 494.0 |
EBIT | 262.4 | 334.6 | 319.5 | 332.5 | 1,249.0 | 277.4 | 362.4 | 354.6 | 421.3 |
Profit before taxes | 265.7 | 336.8 | 322.1 | 329.6 | 1,254.2 | 280.9 | 365.9 | 358.1 | 424.8 |
Net income | 203.0 | 258.6 | 246.9 | 242.9 | 951.4 | 216.2 | 281.5 | 274.7 | 325.6 |