Koenig & Bauer AG (DE:SKB)
XETRA:SKB
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Koenig & Bauer
(XETRA:SKB)
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Rating:52Neutral
Price Target:
€9.50
▼(-29.53% Downside)
Action:ReiteratedDate:01/04/26
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
Operational recovery & margin improvement
A return to positive EBIT and improved margins signals a structural recovery in core press operations. Sustained margin expansion suggests better pricing, cost control and product mix, which can underpin durable profitability and fund R&D and service investments over the next 2-6 months.
Negative Factors
TTM net loss & negative net margin
A persistent TTM net loss and negative net margin weaken retained earnings and limit internally generated capital for expansion or dividends. Continued losses constrain investment in new product development and make financing growth more dependent on external funding or slower self-funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Operational recovery & margin improvement
A return to positive EBIT and improved margins signals a structural recovery in core press operations. Sustained margin expansion suggests better pricing, cost control and product mix, which can underpin durable profitability and fund R&D and service investments over the next 2-6 months.
Read all positive factors
Koenig & Bauer (SKB) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€138.64M
Dividend YieldN/A
Average Volume (3M)20.15K
Price to Earnings (P/E)7.2
Beta (1Y)0.71
Revenue Growth4.81%
EPS Growth75.36%
CountryDE
Employees5,612
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)0.48
Shares Outstanding16,524,782
10 Day Avg. Volume11,573
30 Day Avg. Volume20,153
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.76
Price to Sales (P/S)0.20
P/FCF Ratio8.27
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)1.41
Revenue Forecast (FY)€1.34B
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 syst...
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, whic...
Koenig & Bauer Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
56
Neutral
Cash Flow
50
Neutral
| 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
Negative
13.48
Price Trends
9.31
Negative
9.94
Negative
11.99
Negative
Market Momentum
-0.19
Negative
37.56
Neutral
35.07
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 8.80, above the 50-day MA of 9.31, and above the 200-day MA of 11.99, indicating a bearish trend. The MACD of -0.19 indicates Negative momentum. The RSI at 37.56 is Neutral, neither overbought nor oversold. The STOCH value of 35.07 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
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | €147.67M | 10.50 | 8.52% | 1.82% | -26.69% | -1.95% | |
70 Outperform | €3.69B | 14.37 | 14.99% | 1.95% | 8.15% | 16.17% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | €419.98M | 8.46 | 8.07% | ― | 5.97% | ― | |
54 Neutral | €1.27B | 7.70 | -7.86% | 3.12% | -18.21% | -137.62% | |
52 Neutral | €138.64M | 7.21 | -4.79% | ― | 4.81% | 75.36% |
* Industrials Sector Average
DE:SKB
Koenig & Bauer
8.39
-6.85
-44.95%
DE:AAG
Aumann AG
12.30
0.55
4.69%
DE:DUE
Durr AG
18.56
-5.49
-22.81%
DE:HDD
Heidelberger Druckmaschinen
1.38
0.22
19.38%
DE:KRN
Krones AG
115.80
-16.14
-12.23%
DE:HG1
Homag Group AG
24.20
-4.98
-17.07%
Koenig & Bauer Corporate Events
Financial DisclosuresRegulatory Filings and Compliance
Koenig & Bauer Schedules Publication of 2025 Annual and Group Reports for March 2026
Neutral
Feb 3, 2026
Koenig Bauer AG has announced that it will publish both its standalone annual report 2025 and its consolidated group annual report 2025 on 26 March 2026, covering the financial year from 1 January to 31 December 2025. The simultaneous release of ...
Business Operations and StrategyExecutive/Board Changes
Leibinger Consulting AG Increases Stake in Koenig & Bauer AG
Positive
Nov 17, 2025
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 com...
Business Operations and StrategyRegulatory Filings and Compliance
Koenig & Bauer AG Announces Change in Voting Rights
Neutral
Nov 17, 2025
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 ...
Business Operations and StrategyRegulatory Filings and Compliance
Koenig & Bauer AG Announces Change in Voting Rights
Neutral
Nov 14, 2025
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 ...
Regulatory Filings and Compliance
Koenig & Bauer AG Announces Change in Voting Rights
Neutral
Nov 10, 2025
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 ...
Business Operations and Strategy
Koenig & Bauer AG Announces Change in Voting Rights
Neutral
Nov 10, 2025
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, p...
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.