Koenig & Bauer (SKB) AI Stock Analysis

• Market Cap: €191.69M
• Dividend Yield: N/A
• Average Volume (3M): 15.33K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.73
• Revenue Growth: 2.41%
• EPS Growth: -42.66%
• Country: DE
• Employees: 5,612
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 0.25
• Shares Outstanding: 16,524,782
• 10 Day Avg. Volume: 18,633
• 30 Day Avg. Volume: 15,331
• 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: 42 Neutral
• Price Target: €12.00 ▼(-10.98% Downside)

Koenig & Bauer's overall stock score is primarily impacted by its financial performance and technical analysis. The company faces significant profitability and cash flow challenges, reflected in a low financial performance score. Technical indicators show bearish momentum, further weighing on the stock's attractiveness. Valuation metrics are also concerning, with a negative P/E ratio and no dividend yield. These factors collectively result in a low overall stock score.

Positive Factors

Market Position

Being a global leader in printing technology provides Koenig & Bauer with a strong market position, allowing it to leverage its brand and expertise to maintain competitive advantages and attract a diverse clientele.

Revenue Streams

Diverse revenue streams from equipment sales and after-sales services ensure a steady income flow, enhancing financial stability and supporting long-term business sustainability.

Innovation in Digital Printing

Continued innovation in digital printing technology opens new revenue opportunities, helping Koenig & Bauer adapt to industry changes and maintain its competitive edge.

Negative Factors

Profitability Challenges

Persistent profitability challenges, as indicated by a negative net profit margin, can hinder reinvestment capabilities and impact long-term growth potential.

Cash Flow Weakness

Weak cash flow generation limits financial flexibility, potentially affecting the company's ability to fund operations and invest in growth initiatives.

Margin Pressure

Ongoing margin pressure suggests difficulties in cost management, which could affect long-term profitability and operational efficiency.

Koenig & Bauer Business Overview & Revenue Model

Company Description

Koenig & Bauer (SKB) is a global leader in printing technology, specializing in the development and manufacturing of high-performance printing presses and associated equipment. The company operates across several sectors, including packaging, commercial, and security printing. Its core products encompass sheet-fed offset printing presses, web-fed printing presses, and digital printing solutions, catering to a diverse clientele that includes publishers, packaging converters, and security printing firms.

How the Company Makes Money

Koenig & Bauer generates revenue primarily through the sale of its printing presses and related equipment, which constitutes a significant portion of its income. The company also earns money through after-sales services, including maintenance, spare parts, and upgrades, ensuring a steady stream of revenue over the lifespan of its machines. Additionally, Koenig & Bauer benefits from strategic partnerships with various industry players and suppliers, enhancing its market reach and product offerings. The company is further supported by innovations in digital printing technology, which attract new customers and open up additional revenue opportunities in the evolving printing landscape.

Koenig & Bauer Financial Statement Overview

Summary

Koenig & Bauer faces challenges in profitability and revenue growth, with negative income statement margins. The balance sheet is moderately leveraged but shows room for improvement in equity strength. The cash flow position has improved significantly, indicating better cash management, which could support future operations and debt obligations.

Income Statement

The income statement reveals a decline in performance with a negative net income and a decrease in revenue from the previous year. Gross profit margin stands at 23.14%, indicating some operational efficiency. However, the net profit margin is negative due to significant losses in net income. The company faces challenges in maintaining profitability, as evidenced by negative EBIT and EBITDA margins for the most recent year.

Balance Sheet

The balance sheet shows a moderate financial structure with a debt-to-equity ratio of 0.90, indicating a manageable level of debt. However, the equity ratio is relatively low at 23.22%, which could imply less financial stability. Return on equity is negative due to net losses, pointing to challenges in generating returns for shareholders.

Cash Flow

The cash flow statement presents a positive outlook with a significant improvement in free cash flow and operating cash flow. The operating cash flow to net income ratio is favorable at -1.05, suggesting efficient cash generation relative to net losses. Despite previous negative free cash flow, there is a turnaround with a positive free cash flow of €30.3 million in the most recent year.

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	24.10M	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: Positive
• RSI: Positive
• STOCH: Positive

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 13.18, below the 50-day MA of 13.67, and below the 200-day MA of 14.42, indicating a bearish trend. The MACD of -0.47 indicates Positive momentum. The RSI at 19.03 is Positive, neither overbought nor oversold. The STOCH value of 19.53 is Positive, 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
AAG	74 Outperform	€175.87M	9.19	9.98%	1.83%	-10.53%	31.52%
KRN	72 Outperform	€3.82B	13.28	15.37%	2.17%	10.25%	20.72%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DUE	60 Neutral	€1.36B	-72.89	-6.59%	3.62%	-15.83%	-120.52%
HDD	57 Neutral	€563.63M	15.46	7.19%	―	3.97%	―
SKB	42 Neutral	€191.69M	―	-15.05%	―	2.41%	-42.66%

Koenig & Bauer Corporate Events

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.

The most recent analyst rating on (DE:SKB) stock is a Hold with a EUR14.50 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 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.

The most recent analyst rating on (DE:SKB) stock is a Hold with a EUR14.50 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 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.

The most recent analyst rating on (DE:SKB) stock is a Hold with a EUR14.50 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 the threshold being crossed on August 29, 2025. The company’s voting rights have decreased from 5.09% to 4.98%, affecting a total of 16,524,783 voting rights. This change is significant for stakeholders as it reflects a shift in the ownership structure, potentially impacting company decisions and market positioning.

The most recent analyst rating on (DE:SKB) stock is a Hold with a EUR14.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.