Koenig & Bauer (SKB) AI Stock Analysis

• Market Cap: €153.68M
• Dividend Yield: N/A
• Average Volume (3M): 20.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.82
• Revenue Growth: 4.81%
• EPS Growth: 75.36%
• Country: DE
• Employees: 5,612
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 0.48
• Shares Outstanding: 16,524,782
• 10 Day Avg. Volume: 11,573
• 30 Day Avg. Volume: 20,153
• PEG Ratio: <0.01
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.20
• P/FCF Ratio: 8.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: €9.50 ▼(-29.53% Downside)

The score is primarily driven by improving financial performance versus 2024 but still-negative TTM earnings and uneven cash generation. Technicals add modest support via mildly positive momentum, while valuation is constrained by loss-making results and no dividend data.

Positive Factors

Revenue Growth

Despite challenges, Koenig & Bauer's slight revenue growth indicates resilience and potential for market expansion in the printing industry.

Market Position

As a global leader in printing technology, Koenig & Bauer benefits from strong brand recognition and a robust market position, supporting long-term competitiveness.

Innovations in Digital Printing

Koenig & Bauer's focus on digital printing innovations positions it well to capture new market opportunities and drive future revenue growth.

Negative Factors

Profitability Issues

Persistent profitability issues, as indicated by a negative net profit margin, could hinder Koenig & Bauer's ability to reinvest in growth and innovation.

Cash Flow Challenges

Significant cash flow challenges limit Koenig & Bauer's financial flexibility, potentially impacting its capacity to fund operations and strategic initiatives.

Margin Pressure

Pressure on margins indicates operational inefficiencies, which may affect Koenig & Bauer's long-term profitability and competitive edge.

Koenig & Bauer Business Overview & Revenue Model

Company Description

Koenig & Bauer (SKB) is a leading global manufacturer of printing presses, primarily serving the commercial, packaging, and security printing sectors. Established in 1817, the company specializes in developing high-tech printing solutions and systems that enhance productivity and quality for its customers. With a strong emphasis on innovation, Koenig & Bauer offers a range of products including sheetfed and web-fed offset presses, digital printing systems, and finishing solutions, catering to various printing requirements across different industries.

How the Company Makes Money

Koenig & Bauer generates revenue through the sale of its printing equipment and systems, which constitute its primary revenue stream. The company also earns money through after-sales services, including maintenance, spare parts, and upgrades, which provide a steady income over the lifespan of its machines. Additionally, Koenig & Bauer engages in strategic partnerships and collaborations with other technology providers to enhance its offerings and expand its market reach. The company's focus on research and development allows it to innovate and adapt to market trends, which helps sustain its earnings and competitive edge in the printing industry.

Koenig & Bauer Financial Statement Overview

Summary

Operations are rebounding versus 2024 with improved margins and a return to positive EBIT, supported by moderate leverage. However, TTM net income remains negative and results/cash flows have been volatile across recent years, keeping the score mid-range.

Income Statement

TTM (Trailing-Twelve-Months) revenue is up (+1.77) and profitability has improved sharply versus 2024 (EBIT margin ~1.7% vs. negative last year; net margin ~-1.2% vs. ~-5.5%). Gross margin also recovered to ~25.4% from ~23.1% in 2024. However, earnings are still negative in TTM (net loss), and results have been cyclical over time (profits in 2021–2022, near break-even in 2023, loss in 2024), which keeps the score mid-range.

Balance Sheet

Leverage is moderate for the sector, with debt-to-equity around ~0.82 in TTM (improving from ~0.90 in 2024, but higher than ~0.34–0.47 seen in 2021–2022). Equity remains positive and relatively stable, supporting the capital base. The key weakness is returns: TTM return on equity is negative (driven by net losses), indicating the balance sheet is not currently producing attractive profitability.

Cash Flow

Cash generation is positive but uneven. TTM operating cash flow is positive (~41.6m) and free cash flow is slightly positive (~6.9m), but both are down from 2024 levels (operating cash flow ~73.4m; free cash flow ~30.3m). The company also showed material cash flow volatility historically (notably negative operating and free cash flow in 2023). With net income still negative in TTM and only modest free cash flow, cash flow quality looks mixed.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.32B	1.27B	1.33B	1.19B	1.12B	1.03B
Gross Profit	334.00M	295.00M	347.50M	317.40M	298.10M	200.90M
EBITDA	66.10M	16.50M	77.90M	61.40M	66.40M	-32.40M
Net Income	-15.50M	-70.10M	2.60M	10.40M	13.70M	-103.70M
Balance Sheet
Total Assets	1.44B	1.42B	1.43B	1.45B	1.29B	1.32B
Cash, Cash Equivalents and Short-Term Investments	78.90M	133.70M	96.40M	132.20M	129.50M	137.80M
Total Debt	271.20M	296.00M	277.90M	225.30M	158.00M	221.20M
Total Liabilities	1.11B	1.09B	1.02B	1.03B	919.30M	978.90M
Stockholders Equity	329.70M	330.40M	408.50M	421.10M	368.10M	340.80M
Cash Flow
Free Cash Flow	6.90M	30.30M	-84.00M	-38.60M	62.60M	-27.10M
Operating Cash Flow	41.60M	73.40M	-31.80M	5.40M	95.00M	12.20M
Investing Cash Flow	-36.10M	-41.80M	-61.60M	-65.10M	-38.70M	-36.30M
Financing Cash Flow	-29.20M	1.30M	61.20M	59.40M	-68.40M	-25.00M

Koenig & Bauer Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.48
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:SKB, the sentiment is Negative. The current price of 13.48 is above the 20-day moving average (MA) of 10.21, above the 50-day MA of 10.20, and above the 200-day MA of 12.85, indicating a bearish trend. The MACD of -0.26 indicates Positive momentum. The RSI at 30.07 is Neutral, neither overbought nor oversold. The STOCH value of 41.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:SKB.

Koenig & Bauer Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KRN	75 Outperform	€4.29B	15.25	14.99%	1.95%	8.15%	16.17%
AAG	75 Outperform	€161.22M	11.95	8.44%	1.82%	-26.69%	-1.95%
HDD	65 Neutral	€560.59M	13.84	8.07%	―	5.97%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DUE	54 Neutral	€1.56B	-48.81	-7.86%	3.12%	-18.21%	-137.62%
SKB	52 Neutral	€153.68M	-9.98	-4.67%	―	4.81%	75.36%

Koenig & Bauer Corporate Events

Leibinger Consulting AG Increases Stake in Koenig & Bauer AG

Leibinger Consulting AG has increased its stake in Koenig & Bauer AG, surpassing several voting rights thresholds, with the intention of strategic long-term investment and capital growth. The firm aims to influence the Supervisory Board’s composition while maintaining the current policies regarding capital structure and financing, indicating a stable outlook for stakeholders.

The most recent analyst rating on (DE:SKB) stock is a Hold with a EUR12.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Koenig & Bauer AG Announces Change in Voting Rights

Koenig & Bauer AG has announced a change in voting rights, with Günther Leibinger, through Leibinger Consulting AG, now holding 20.04% of the voting rights, up from a previous 15.07%. This increase in voting rights could potentially influence the company’s strategic decisions and impact its governance structure, reflecting a significant stake by Leibinger Consulting AG.

The most recent analyst rating on (DE:SKB) stock is a Hold with a EUR12.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Koenig & Bauer AG Announces Change in Voting Rights

Koenig & Bauer AG has announced a change in its voting rights, with the percentage of voting rights attached to shares decreasing from 4.03% to 2.61%. This change was due to the acquisition or disposal of shares with voting rights by LOYS SICAV, a legal entity based in Munsbach, Luxembourg. The adjustment in voting rights could influence the company’s governance and decision-making processes, potentially impacting stakeholders and the company’s strategic direction.

The most recent analyst rating on (DE:SKB) stock is a Hold with a EUR12.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Koenig & Bauer AG Announces Change in Voting Rights

Koenig & Bauer AG announced a change in voting rights, with LOYS SICAV, a legal entity based in Munsbach, Luxembourg, crossing a threshold on November 6, 2025. The voting rights attached to shares decreased from 5.09% to 4.03%, impacting the total number of voting rights to 16,524,783. This adjustment reflects a shift in shareholder structure, which could influence the company’s governance and strategic decisions.

The most recent analyst rating on (DE:SKB) stock is a Hold with a EUR12.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Koenig & Bauer AG Announces Change in Voting Rights

Koenig & Bauer AG announced a change in voting rights, as Hauck & Aufhäuser Fund Services S.A. adjusted its shareholding, resulting in a decrease of voting rights from 10.02% to 8.39%. This adjustment reflects a shift in shareholder dynamics, potentially impacting the company’s governance and strategic decision-making, as significant shareholders like LOYS SICAV hold more than 3% of voting rights.

The most recent analyst rating on (DE:SKB) stock is a Hold with a EUR12.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.