tiprankstipranks
Trending News
More News >
Koenig & Bauer AG (DE:SKB)
XETRA:SKB
Advertisement

Koenig & Bauer (SKB) AI Stock Analysis

Compare
2 Followers

Top Page

DE:SKB

Koenig & Bauer

(XETRA:SKB)

Rating:55Neutral
Price Target:
€15.00
▲(5.63%Upside)
Koenig & Bauer's stock score is primarily influenced by its improved cash flow and positive technical indicators, suggesting potential short-term bullish momentum. However, significant challenges in profitability and poor valuation metrics limit its overall attractiveness. The absence of earnings call insights and notable corporate events did not impact the score.
Positive Factors
Digital Printing
The company is poised to benefit from the move to digital printing where it is the leader.
Order Intake
Order intake increased almost 25% year-over-year and reached €346.6m in Q3, representing a book-to-bill ratio of 1.2x.
Negative Factors
Profitability Forecasts
Profitability forecasts are lowered for 2024 due to higher costs relating to the Drupa trade fair and higher personnel costs.
Profitability Issues
There is ongoing profitability issue with the D&W segment, and it is seen as a 'show me the money first' kind of story.
Q3 Results
Q3 results came in slightly below expectations, with a more material miss on the profitability side due to the low base.

Koenig & Bauer (SKB) vs. iShares MSCI Germany ETF (EWG)

Koenig & Bauer Business Overview & Revenue Model

Company DescriptionKoenig & Bauer (SKB) is a leading global manufacturer of printing presses and related technologies. The company operates in several sectors, including packaging, industrial, security, and digital printing. Its core products and services include sheetfed offset presses, web offset presses, digital inkjet printing systems, and specialty presses for security printing, such as banknotes. Founded in 1817, Koenig & Bauer has a long history of innovation in the printing industry, catering to a diverse range of printing needs worldwide.
How the Company Makes MoneyKoenig & Bauer makes money primarily through the sale of its printing presses and related equipment. The company generates revenue by providing high-tech printing solutions to various industries, including packaging, publishing, and securities. Additionally, it earns income from after-sales services, such as maintenance, training, and spare parts supply. Koenig & Bauer also engages in strategic partnerships and collaborations to expand its technological capabilities and market reach, enhancing its competitive edge in the global printing market. Its diverse product range and commitment to innovation help maintain a stable revenue stream.

Koenig & Bauer Financial Statement Overview

Summary
The company faces challenges in profitability with negative net income and declining revenue. While the balance sheet shows moderate leverage, the equity ratio is low, posing risks to financial stability. Cash flow has improved significantly, suggesting better cash management, but profitability issues remain a concern.
Income Statement
45
Neutral
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
52
Neutral
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
60
Neutral
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.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.27B1.33B1.19B1.12B1.03B
Gross Profit295.00M347.50M317.40M298.10M200.90M
EBITDA16.50M77.90M61.40M66.40M-32.40M
Net Income-70.10M2.60M10.40M13.70M-103.10M
Balance Sheet
Total Assets1.42B1.43B1.45B1.29B1.32B
Cash, Cash Equivalents and Short-Term Investments133.70M96.40M132.20M129.50M137.80M
Total Debt296.00M277.90M195.90M126.60M184.90M
Total Liabilities1.09B1.02B1.03B919.30M978.90M
Stockholders Equity330.40M408.50M421.10M368.10M340.80M
Cash Flow
Free Cash Flow30.30M-84.00M-38.60M62.60M-27.10M
Operating Cash Flow73.40M-31.80M5.40M95.00M12.20M
Investing Cash Flow-41.80M-61.60M-65.10M-38.70M-36.30M
Financing Cash Flow1.30M61.20M59.40M-68.40M-25.00M

Koenig & Bauer Technical Analysis

Technical Analysis Sentiment
Positive
Last Price14.20
Price Trends
50DMA
13.39
Positive
100DMA
14.24
Negative
200DMA
13.91
Positive
Market Momentum
MACD
0.23
Positive
RSI
54.11
Neutral
STOCH
23.35
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:SKB, the sentiment is Positive. The current price of 14.2 is above the 20-day moving average (MA) of 14.04, above the 50-day MA of 13.39, and above the 200-day MA of 13.91, indicating a bullish trend. The MACD of 0.23 indicates Positive momentum. The RSI at 54.11 is Neutral, neither overbought nor oversold. The STOCH value of 23.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:SKB.

Koenig & Bauer Peers Comparison

Overall Rating
UnderperformOutperform
Sector (67)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
€175.30M8.1511.37%1.80%3.32%83.26%
74
Outperform
€1.64B15.524.78%2.95%-10.85%-3.64%
74
Outperform
€4.39B15.3215.25%1.87%14.42%26.41%
70
Neutral
€491.81M89.281.03%-4.78%-85.87%
67
Neutral
€8.39B21.106.46%2.81%1.89%-39.33%
55
Neutral
€234.65M-21.69%-1.97%-799.96%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:SKB
Koenig & Bauer
14.20
1.54
12.16%
DE:AAG
Aumann AG
12.22
-2.54
-17.19%
DE:HDD
Heidelberger Druckmaschinen
1.62
0.52
46.91%
DE:DUE
Durr AG
23.70
4.19
21.49%
DE:KRN
Krones AG
139.00
15.11
12.20%

Koenig & Bauer Corporate Events

Business Operations and StrategyRegulatory Filings and Compliance
Koenig & Bauer AG Announces Change in Voting Rights Structure
Neutral
Jul 15, 2025

Koenig & Bauer AG has announced a change in its voting rights structure, with Hauck & Aufhäuser Fund Services S.A. crossing a threshold on July 11, 2025. The new total of voting rights stands at 9.87%, down from a previous 10.09%, indicating a slight decrease in shareholder influence. This adjustment could impact the company’s governance and decision-making processes, potentially affecting its strategic direction and stakeholder interests.

The most recent analyst rating on (DE:SKB) stock is a Buy with a EUR18.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Private Placements and FinancingM&A Transactions
HAFS Acquires Significant Stake in Koenig & Bauer AG
Neutral
Jun 25, 2025

Koenig & Bauer AG announced that Hauck & Aufhäuser Fund Services S.A. (HAFS) has acquired a significant stake in the company, surpassing the 10% voting rights threshold. HAFS, which manages investment funds, acquired 1,667,285 shares, equating to 10.09% of voting rights, with the intention of enhancing fund performance. The acquisition was financed exclusively through borrowed funds. HAFS does not plan to influence the company’s board composition or policies, nor does it intend to acquire additional voting rights in the immediate future, although it remains open to the possibility depending on market conditions.

The most recent analyst rating on (DE:SKB) stock is a Buy with a EUR18.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
Koenig & Bauer AG Updates Voting Rights Announcement
Neutral
Jun 25, 2025

Koenig & Bauer AG announced a correction to a previous release regarding voting rights, indicating a change in the percentage of voting rights attached to shares. The updated notification reveals that the total voting rights have increased from 9.96% to 10.09%, with Hauck & Aufhäuser Fund Services S.A. being the entity subject to the notification obligation. This adjustment in voting rights could impact the company’s shareholder dynamics and influence its strategic decisions.

The most recent analyst rating on (DE:SKB) stock is a Buy with a EUR18.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
Koenig & Bauer AG Announces Change in Voting Rights
Neutral
Jun 25, 2025

Koenig & Bauer AG has announced a change in voting rights, with the total percentage of voting rights attached to shares increasing to 10.09% as of June 20, 2025. This change reflects an acquisition or disposal of shares with voting rights, impacting the company’s shareholder structure and potentially influencing its strategic decisions.

The most recent analyst rating on (DE:SKB) stock is a Buy with a EUR18.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Financial Disclosures
Koenig & Bauer AG Pre-announces Half-Year Financial Report for 2025
Neutral
May 21, 2025

Koenig & Bauer AG has announced the pre-release of its half-year financial report for 2025, covering the period from January 1 to June 30, 2025. The report will be published on August 6, 2025, and is expected to provide insights into the company’s financial performance during the first half of the year, potentially impacting stakeholders and market perceptions.

The most recent analyst rating on (DE:SKB) stock is a Buy with a EUR20.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
Koenig & Bauer AG Announces Change in Voting Rights
Neutral
May 20, 2025

Koenig & Bauer AG has announced a change in voting rights, with Universal Investment GmbH reducing its voting rights from 4.88% to 2.98%. This adjustment reflects a decrease in the total number of voting rights held by Universal Investment GmbH, potentially impacting the company’s shareholder structure and influencing future decision-making processes.

The most recent analyst rating on (DE:SKB) stock is a Buy with a EUR20.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Regulatory Filings and Compliance
Koenig & Bauer AG Announces Change in Voting Rights
Neutral
May 13, 2025

Koenig & Bauer AG announced a change in voting rights, with LOYS SICAV, a legal entity based in Luxembourg, crossing the 5% threshold of voting rights on May 8, 2025. This change, from a previous 4.97% to a new 5.09%, reflects an acquisition or disposal of shares with voting rights, impacting the company’s shareholder structure and potentially its governance dynamics.

The most recent analyst rating on (DE:SKB) stock is a Buy with a EUR20.00 price target. To see the full list of analyst forecasts on Koenig & Bauer stock, see the DE:SKB Stock Forecast page.

Regulatory Filings and Compliance
Koenig & Bauer AG Announces Change in Voting Rights
Neutral
May 5, 2025

Koenig & Bauer AG has announced a change in the voting rights attached to its shares, with the percentage of voting rights decreasing from 5.08% to 4.97%. This adjustment is due to the acquisition or disposal of shares with voting rights by LOYS SICAV, a legal entity based in Munsbach, Luxembourg. The announcement reflects the company’s compliance with regulatory requirements and may have implications for its shareholder structure.

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.Date of analysis: Jul 12, 2025