KHD Humboldt Wedag (DE:KWG)
XETRA:KWG
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KHD Humboldt Wedag
(XETRA:KWG)
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Rating:64Neutral
Price Target:
€2.00
▲(8.11% Upside)
Action:ReiteratedDate:04/03/26
The score is driven primarily by solid financial stability (notably low leverage) and improved profitability versus prior years, tempered by recent revenue weakness and a sharp 2025 free-cash-flow decline. Technical indicators remain mixed/soft with negative trend signals, while valuation appears reasonable on a ~12.9 P/E but lacks dividend support.
Positive Factors
Low leverage / strong balance sheet
Very low leverage gives KWG durable financial flexibility: it reduces refinancing and covenant risk, supports bidding on multi-year EPC projects, and lets the company fund service operations or selective investments during downturns. This stability underpins long-term operational continuity.
Negative Factors
Recent top-line weakness
A sustained revenue decline reduces scale economics and limits capacity to invest in R&D or expand service footprints. If project delays or weaker cement-industry demand persist, top-line pressure can compress margins and slow recovery of growth trends over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low leverage gives KWG durable financial flexibility: it reduces refinancing and covenant risk, supports bidding on multi-year EPC projects, and lets the company fund service operations or selective investments during downturns. This stability underpins long-term operational continuity.
Read all positive factors
KHD Humboldt Wedag (KWG) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€86.48M
Dividend YieldN/A
Average Volume (3M)7.26K
Price to Earnings (P/E)5.7
Beta (1Y)0.50
Revenue Growth-0.67%
EPS Growth2431.93%
CountryDE
Employees944
SectorIndustrials
Sector Strength72
IndustryIndustrial - Distribution
Share Statistics
EPS (TTM)0.08
Shares Outstanding49,703,570
10 Day Avg. Volume12,118
30 Day Avg. Volume7,258
Financial Highlights & Ratios
PEG Ratio-0.39
Price to Book (P/B)0.85
Price to Sales (P/S)0.50
P/FCF Ratio7.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KHD Humboldt Wedag Business Overview & Revenue Model
Company Description
KHD Humboldt Wedag International AG provides engineering products and services for the cement industry. It operates through, Capex and Plant Services segments. The company engages in the process technology, design, engineering, project management,...
How the Company Makes Money
KWG primarily makes money by selling cement-plant-related capital equipment and project solutions and by providing ongoing services to installed customers. Key revenue streams typically include: (1) Engineering, procurement, and equipment supply f...
KHD Humboldt Wedag Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
84
Very Positive
Cash Flow
61
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 177.92M | 218.13M | 224.68M | 210.37M | 226.26M |
| Gross Profit | 41.51M | 44.04M | 31.96M | 27.58M | 19.30M |
| EBITDA | 15.85M | 19.48M | 10.30M | 7.92M | 4.06M |
| Net Income | 6.93M | 10.57M | 4.28M | 283.00K | -1.14M |
Balance Sheet | |||||
| Total Assets | 250.60M | 255.06M | 237.45M | 254.01M | 303.70M |
| Cash, Cash Equivalents and Short-Term Investments | 91.04M | 92.16M | 127.35M | 138.55M | 66.78M |
| Total Debt | 7.60M | 6.49M | 8.08M | 34.60M | 28.10M |
| Total Liabilities | 144.94M | 147.55M | 142.48M | 161.62M | 212.99M |
| Stockholders Equity | 105.15M | 107.01M | 94.47M | 91.90M | 90.20M |
Cash Flow | |||||
| Free Cash Flow | 12.34M | 11.08M | 14.17M | -21.65M | -8.96M |
| Operating Cash Flow | 16.73M | 13.21M | 16.66M | -17.89M | -6.74M |
| Investing Cash Flow | -38.99M | 503.00K | 17.25M | -5.08M | 9.09M |
| Financing Cash Flow | -2.16M | -1.76M | -27.20M | -1.67M | -1.61M |
KHD Humboldt Wedag Technical Analysis
Neutral
1.85
Price Trends
1.76
Negative
1.78
Negative
1.86
Negative
Market Momentum
-0.02
Negative
50.01
Neutral
73.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:KWG, the sentiment is Neutral. The current price of 1.85 is above the 20-day moving average (MA) of 1.70, above the 50-day MA of 1.76, and below the 200-day MA of 1.86, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 50.01 is Neutral, neither overbought nor oversold. The STOCH value of 73.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:KWG.
KHD Humboldt Wedag Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | €1.78B | 11.99 | 0.33% | 2.76% | 4.20% | -20.71% | |
64 Neutral | €86.48M | 5.71 | 6.68% | ― | -0.67% | 2431.93% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | €1.46B | 9.62 | 6.02% | 2.03% | 9.79% | -31.93% | |
55 Neutral | €1.36B | 21.63 | 5.17% | 2.46% | -9.55% | -24.60% | |
53 Neutral | €5.91B | 38.89 | 3.82% | 1.23% | -2.20% | -18.16% | |
47 Neutral | €5.32B | -4.09 | 1.72% | 1.23% | -6.29% | ― |
* Industrials Sector Average
DE:KWG
KHD Humboldt Wedag
1.74
0.14
8.75%
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-2.01%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.