Koenig & Bauer (SKB) AI Stock Analysis

• Market Cap: €170.54M
• Dividend Yield: N/A
• Average Volume (3M): 26.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• 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: 12,794
• 30 Day Avg. Volume: 26,366
• 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: 51 Neutral
• Price Target: €10.50 ▼(-22.11% Downside)

Koenig & Bauer's overall stock score is primarily impacted by its financial performance challenges, particularly in profitability and cash flow. Technical analysis indicates a bearish trend, while valuation metrics reflect current unprofitability. However, the strategic investment by Leibinger Consulting AG provides a positive outlook for future stability and governance, slightly offsetting the negative aspects.

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

Koenig & Bauer faces several financial challenges, particularly in profitability and cash flow generation. While revenue shows slight growth, margins are under pressure, and cash flow metrics are concerning. The balance sheet is relatively stable with manageable leverage, but the company needs to address its profitability and cash flow issues to improve its financial health.

Income Statement

The income statement shows mixed performance. While there is a slight revenue growth of 1.52% in the TTM period, profitability metrics are concerning. The company has a negative net profit margin of -3.99% and an EBIT margin of -0.92%, indicating operational challenges. Gross profit margin is moderate at 23.58%, but the negative EBITDA margin suggests issues with cost management.

Balance Sheet

The balance sheet reflects moderate financial stability. The debt-to-equity ratio of 0.85 indicates manageable leverage, but the negative return on equity of -15.94% highlights profitability issues. The equity ratio is not provided, but the overall leverage is within industry norms, suggesting some stability.

Cash Flow

Cash flow analysis reveals significant challenges. Free cash flow growth is sharply negative at -88.68%, and the operating cash flow to net income ratio is low at 0.01, indicating weak cash generation relative to earnings. The free cash flow to net income ratio of 0.56 shows some ability to convert earnings into cash, but overall cash flow performance is weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.29B	1.27B	1.33B	1.19B	1.12B	1.03B
Gross Profit	304.90M	295.00M	347.50M	317.40M	298.10M	200.90M
EBITDA	36.30M	16.50M	77.90M	61.40M	66.40M	-32.40M
Net Income	-51.60M	-70.10M	2.60M	10.40M	13.70M	-103.70M
Balance Sheet
Total Assets	1.41B	1.42B	1.43B	1.45B	1.29B	1.32B
Cash, Cash Equivalents and Short-Term Investments	65.50M	133.70M	96.40M	132.20M	129.50M	137.80M
Total Debt	271.30M	296.00M	277.90M	225.30M	158.00M	221.20M
Total Liabilities	1.09B	1.09B	1.02B	1.03B	919.30M	978.90M
Stockholders Equity	320.80M	330.40M	408.50M	421.10M	368.10M	340.80M
Cash Flow
Free Cash Flow	4.90M	30.30M	-84.00M	-38.60M	62.60M	-27.10M
Operating Cash Flow	8.70M	73.40M	-31.80M	5.40M	95.00M	12.20M
Investing Cash Flow	-33.10M	-41.80M	-61.60M	-65.10M	-38.70M	-36.30M
Financing Cash Flow	-27.00M	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: Negative
• RSI: Neutral
• STOCH: Negative

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 9.96, above the 50-day MA of 11.63, and below the 200-day MA of 13.62, indicating a neutral trend. The MACD of -0.30 indicates Negative momentum. The RSI at 51.98 is Neutral, neither overbought nor oversold. The STOCH value of 80.45 is Negative, 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	€3.82B	13.28	14.99%	1.95%	8.15%	16.17%
AAG	75 Outperform	€175.87M	9.19	8.44%	1.75%	-26.69%	-1.95%
HDD	65 Neutral	€586.15M	14.47	8.07%	―	5.97%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DUE	54 Neutral	€1.36B	-72.89	-7.86%	3.31%	-18.21%	-137.62%
SKB	51 Neutral	€170.54M	―	-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.

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.

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.

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.

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.

HAFS Acquires Significant Stake in Koenig & Bauer AG

HAUCK & AUFHÄUSER FUND SERVICES S.A. (HAFS) has acquired a 10.02% stake in Koenig & Bauer AG, surpassing the 10% voting rights threshold. The acquisition was made to enhance the performance of investment funds managed by HAFS, using borrowed funds. HAFS has no immediate plans to increase its stake or influence the company’s board or policies, though it may consider further acquisitions depending on share price movements.

Koenig & Bauer AG Announces Change in Voting Rights

Koenig & Bauer AG announced a change in voting rights, with Hauck & Aufhäuser Fund Services S.A. acquiring or disposing of shares, resulting in a new total of 10.02% voting rights. This adjustment in voting rights reflects a slight increase from the previous 9.87%, indicating a potential shift in shareholder influence and engagement.

Koenig & Bauer AG Announces Change in Voting Rights

Koenig & Bauer AG has announced a change in voting rights, with LOYS SICAV, a legal entity based in Luxembourg, acquiring or disposing of shares, resulting in a new total of 5.09% voting rights. This adjustment in voting rights reflects a slight increase from the previous 4.98%, indicating a shift in shareholder dynamics that could influence the company’s governance and strategic decisions.