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Kontron

Kontron's net profit rose 18.0% yoy to EUR 91.7 mil in 2024

By Helgi Library - March 28, 2025

Kontron made a net profit of EUR 91.7 mil in 2024, up 18% compared to the previous year. Total sales reached EUR 1,714 mil, whic...

Kontron's employees rose 33.1% yoy to 6,440 in 2024

By Helgi Library - March 28, 2025

Kontron employed 6,440 employees in 2024, up 33.1% compared to the previous year. Historically, between 2010 and 2024, ...

Kontron's price/earnings (P/E) fell 23.0% yoy to 13.9 in 2024

By Helgi Library - March 28, 2025

Kontron stock traded at EUR 20.0 per share at the end 2024 translating into a market capitalization of USD 1,322 mil. Since the e...

Profit Statement 2022 2023 2024
Sales EUR mil 1,064 1,226 1,714
Gross Profit EUR mil ... ... 725
EBITDA EUR mil 82.9 126 194
EBIT EUR mil -2.02 86.5 120
Financing Cost EUR mil 8.06 11.6 17.3
Pre-Tax Profit EUR mil -10.7 79.2 103
Net Profit EUR mil 232 77.7 91.7
Dividends EUR mil 63.6 31.9 43.4
Balance Sheet 2022 2023 2024
Total Assets EUR mil 1,441 1,371 1,672
Non-Current Assets EUR mil 412 493 705
Current Assets EUR mil 1,029 878 972
Working Capital EUR mil 114 170 350
Shareholders' Equity EUR mil 636 604 685
Liabilities EUR mil 805 767 977
Total Debt EUR mil 372 276 624
Net Debt EUR mil -200 -76.8 92.7
Ratios 2022 2023 2024
ROE % 43.9 12.5 14.2
ROCE % 39.5 13.1 10.7
Gross Margin % ... ... 42.3
EBITDA Margin % 7.79 10.3 11.3
EBIT Margin % -0.190 7.05 7.03
Net Margin % 21.9 6.34 5.35
Net Debt/EBITDA -2.41 -0.609 0.477
Net Debt/Equity % -31.5 -12.7 13.5
Cost of Financing % 2.05 3.58 3.84
Valuation 2022 2023 2024
Market Capitalisation USD mil 1,042 1,519 1,322
Enterprise Value (EV) USD mil 815 1,434 1,418
Number Of Shares mil 64.8 65.5 63.9
Share Price EUR 15.3 21.5 20.0
EV/EBITDA 8.95 10.5 6.73
EV/Sales 0.698 1.08 0.762
Price/Earnings (P/E) 4.26 18.1 13.9
Price/Book Value (P/BV) 1.56 2.33 1.86
Dividend Yield % 2.29 4.65 3.40

Get all company financials in excel:

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overview Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
income statement                                          
Sales EUR mil                 991 1,123 1,255 1,003 1,064                
Gross Profit EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... ...              
EBIT EUR mil                 61.5 61.8 68.6 40.1 -2.02                
Net Profit EUR mil                 45.0 49.1 55.6 48.3 232                
                                             
ROE % ...               12.9 13.1 14.0 11.6 43.9                
EBIT Margin %                 6.21 5.50 5.47 3.99 -0.190                
Net Margin %                 4.54 4.37 4.43 4.81 21.9                
Employees                 4,335 4,900 6,067 6,206 4,475             ... ...
balance sheet                                          
Total Assets EUR mil                 848 1,226 1,247 1,352 1,441                
Non-Current Assets EUR mil                 292 457 506 519 412                
Current Assets EUR mil                 555 769 741 833 1,029                
                                             
Shareholders' Equity EUR mil                 367 385 409 423 636                
Liabilities EUR mil                 481 841 837 929 805                
Non-Current Liabilities EUR mil                 132 332 354 348 253                
Current Liabilities EUR mil                 349 509 483 581 553                
                                             
Net Debt/EBITDA                 -0.582 0.685 0.722 0.924 -2.41                
Net Debt/Equity %                 -14.3 19.9 22.9 22.6 -31.5                
Cost of Financing % ...               2.65 2.20 1.56 2.07 2.05                
cash flow                                          
Total Cash From Operations EUR mil                 31.1 78.2 135 89.9 36.8                
Total Cash From Investing EUR mil                 -63.8 -56.3 -77.7 -67.1 143                
Total Cash From Financing EUR mil                 -15.8 89.5 -59.8 -14.1 -82.1                
Net Change In Cash EUR mil                 -48.2 113 -10.2 13.0 97.7                
valuation                                          
Market Capitalisation USD mil                 1,197 1,579 1,739 1,062 1,042                
Enterprise Value (EV) USD mil                 1,136 1,665 1,854 1,171 815                
Number Of Shares mil                 64.6 66.9 66.9 65.0 64.8                
Share Price EUR                 15.8 21.3 21.3 14.7 15.3                
Price/Earnings (P/E)                 22.6 29.2 25.6 19.8 4.26                
Price/Cash Earnings (P/CE)                 19.2 19.0 16.5 13.1 3.86         ... ... ... ...
EV/EBITDA                 10.7 13.2 12.2 9.59 8.95                
Price/Book Value (P/BV)                 2.78 3.70 3.48 2.25 1.56                
Dividend Yield %                 0.822 0.752 1.39 2.05 2.29                
income statement Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
income statement                                          
Sales EUR mil                 991 1,123 1,255 1,003 1,064                
Gross Profit EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... ...              
Research & Development EUR mil                 123 170 184 4.57 7.54   ... ... ... ... ... ... ...
Other Operating Expense EUR mil                 778 841 944 918 1,032   ... ... ... ... ... ... ...
Staff Cost EUR mil                 195 245 273 238 259           ... ... ...
Other Operating Cost (Income) EUR mil                 7.50 8.01 8.76 14.6 19.7                
EBITDA EUR mil                 90.5 112 130 104 82.9                
Depreciation EUR mil                 29.0 49.9 61.5 63.6 84.9                
EBIT EUR mil                 61.5 61.8 68.6 40.1 -2.02                
Net Financing Cost EUR mil                 2.30 5.11 5.56 7.84 7.21                
Financing Cost EUR mil                 3.11 5.73 6.14 8.26 8.06                
Financing Income EUR mil                 0.808 0.627 0.580 0.415 0.851                
FX (Gain) Loss EUR mil                 0 0 0 0 0                
(Income) / Loss from Affiliates EUR mil                 0.008 0.019 0.229 0 0                
Extraordinary Cost EUR mil                 0 0 0 -18.5 -245                
Pre-Tax Profit EUR mil                 56.3 54.1 60.7 32.4 -10.7                
Tax EUR mil                 7.88 4.55 6.07 1.99 2.18                
Minorities EUR mil                 3.48 0.403 -0.986 0.704 -0.576   ...            
Net Profit EUR mil                 45.0 49.1 55.6 48.3 232                
Net Profit Avail. to Common EUR mil                 45.0 49.1 55.6 48.3 232                
Dividends EUR mil                 10.6 0 19.8 22.3 63.6                
growth rates                                          
Total Revenue Growth % ...               12.3 13.3 11.7 -20.1 6.06                
Operating Cost Growth % ...               10.4 14.1 11.8 -18.2 11.0   ... ... ... ... ... ... ...
Staff Cost Growth % ...               8.49 26.0 11.5 -13.1 8.92           ... ... ...
EBITDA Growth % ...               33.0 23.4 16.4 -20.3 -20.0                
EBIT Growth % ...               47.3 0.423 11.0 -41.6 -105                
Pre-Tax Profit Growth % ...               59.2 -4.05 12.3 -46.5 -133                
Net Profit Growth % ...               99.9 9.17 13.2 -13.2 382                
ratios                                          
ROE % ...               12.9 13.1 14.0 11.6 43.9                
ROA % ...               5.44 4.74 4.50 3.71 16.6                
ROCE % ...               10.7 9.27 8.75 7.36 39.5                
Gross Margin % ... ... ... ... ... ... ... ... ... ... ... ... ... ...              
EBITDA Margin %                 9.14 9.95 10.4 10.3 7.79                
EBIT Margin %                 6.21 5.50 5.47 3.99 -0.190                
Net Margin %                 4.54 4.37 4.43 4.81 21.9                
Payout Ratio %                 23.5 0 35.7 46.1 27.4                
Cost of Financing % ...               2.65 2.20 1.56 2.07 2.05                
Net Debt/EBITDA                 -0.582 0.685 0.722 0.924 -2.41                
balance sheet Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
balance sheet                                          
Cash & Cash Equivalents EUR mil                 172 326 292 316 572                
Receivables EUR mil                 203 212 204 214 148                
Unbilled Revenues EUR mil ... ... ... ... ... ... ... ... 4.36 27.2 23.6 51.3 54.2                
Inventories EUR mil                 131 147 160 187 193                
Other ST Assets EUR mil                 46.0 55.9 60.7 64.0 61.7                
Current Assets EUR mil                 555 769 741 833 1,029                
Property, Plant & Equipment EUR mil                 37.1 99.8 135 133 95.5                
LT Investments & Receivables EUR mil                 4.94 7.98 11.9 12.6 11.7                
Intangible Assets EUR mil                 208 295 302 312 262                
Goodwill EUR mil                 120 194 199 208 189                
Non-Current Assets EUR mil                 292 457 506 519 412                
Total Assets EUR mil                 848 1,226 1,247 1,352 1,441                
                                             
Trade Payables EUR mil                 177 205 210 270 226                
Short-Term Debt EUR mil                 39.6 128 89.3 120 151                
Other ST Liabilities EUR mil                 124 172 180 171 161                
Current Liabilities EUR mil                 349 509 483 581 553                
Long-Term Debt EUR mil                 79.4 275 297 292 221                
Other LT Liabilities EUR mil                 52.4 57.3 57.1 55.7 31.1                
Non-Current Liabilities EUR mil                 132 332 354 348 253                
Liabilities EUR mil                 481 841 837 929 805                
Preferred Equity and Hybrid Capital EUR mil                 0 0 0 0 0                
Share Capital EUR mil                 244 236 236 234 186   ... ... ... ... ... ... ...
Treasury Stock EUR mil                 0 14.6 26.3 46.8 0                
Equity Before Minority Interest EUR mil                 356 373 404 419 634                
Minority Interest EUR mil                 11.3 12.4 5.43 4.71 1.83                
Equity EUR mil                 367 385 409 423 636                
growth rates                                          
Total Asset Growth % ...               5.35 44.6 1.71 8.46 6.56                
Shareholders' Equity Growth % ...               10.7 4.84 6.34 3.37 50.2                
Net Debt Growth % ...               -46.4 -245 22.6 1.98 -309                
Total Debt Growth % ...               3.42 238 -4.23 6.86 -9.77                
ratios                                          
Total Debt EUR mil                 119 403 386 412 372                
Net Debt EUR mil                 -52.7 76.6 93.9 95.7 -200                
Working Capital EUR mil                 156 154 154 131 114                
Capital Employed EUR mil                 449 611 660 650 526                
Net Debt/Equity %                 -14.3 19.9 22.9 22.6 -31.5                
Current Ratio                 1.59 1.51 1.53 1.43 1.86                
Quick Ratio                 1.07 1.06 1.03 0.914 1.30                
cash flow Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
cash flow                                          
Net Profit EUR mil                 45.0 49.1 55.6 48.3 232                
Depreciation EUR mil                 29.0 49.9 61.5 63.6 84.9                
Non-Cash Items EUR mil                 -12.4 -37.4 -22.7 -22.9 -241                
Change in Working Capital EUR mil                 -30.6 16.6 41.0 0.874 -39.5                
Total Cash From Operations EUR mil                 31.1 78.2 135 89.9 36.8                
                                             
Capital Expenditures EUR mil                 -24.0 -24.9 -33.1 -42.9 -37.4                
Net Change in LT Investment EUR mil                 -0.165 -4.29 -3.65 -8.17 13.0                
Net Cash From Acquisitions EUR mil                 -39.6 -27.1 -40.9 -16.0 -22.3                
Other Investing Activities EUR mil                 0 0 0 0 189                
Total Cash From Investing EUR mil                 -63.8 -56.3 -77.7 -67.1 143                
                                             
Dividends Paid EUR mil                 -8.30 -10.6 0 -19.2 -22.3                
Issuance Of Shares EUR mil                 2.16 -14.6 -10.8 -20.6 0   ...            
Issuance Of Debt EUR mil                 1.17 128 -40.9 28.8 -56.7                
Other Financing Activities EUR mil                 -10.8 -13.4 -8.09 -3.13 -3.16   ...            
Total Cash From Financing EUR mil                 -15.8 89.5 -59.8 -14.1 -82.1                
                                             
Effect of FX Rates EUR mil                 0.318 1.14 -8.07 4.27 0.413   ...            
Net Change In Cash EUR mil                 -48.2 113 -10.2 13.0 97.7                
ratios                                          
Days Sales Outstanding days                 74.6 69.0 59.5 77.9 50.8                
Cash Earnings EUR mil                 53.2 75.0 86.5 72.9 257         ... ... ... ...
Free Cash Flow EUR mil                 -32.7 21.9 57.6 22.8 179                
Capital Expenditures (As % of Sales) %                 2.43 2.21 2.64 4.28 3.52                
other ratios Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
                                           
Employees                 4,335 4,900 6,067 6,206 4,475             ... ...
Cost Per Employee USD per month                 4,382 4,725 4,399 3,758 5,294           ... ... ...
Cost Per Employee (Local Currency) EUR per month                 3,741 4,169 3,753 3,190 4,819           ... ... ...
Employee Turnover % ... ... ... ... ... ... ... ... ... 17.4 10.3 14.8 13.0   ... ... ... ... ... ... ...
Women (As % of Workforce) % ... ... ... ... ... ... ... ... ... 26.0 25.6 26.3 28.7   ... ... ... ... ... ... ...
Women (As % of Management) % ... ... ... ... ... ... ... ... ... ... 16.9 22.1 19.7   ... ... ... ... ... ... ...
Material & Energy (As % of Sales) % ... ... ... ... ... ... ... ... ... ... ... ... ... ...              
Operating Cost (As % of Sales) %                 94.5 95.2 95.2 97.5 102   ... ... ... ... ... ... ...
Research & Development (As % of Sales) %                 12.4 15.2 14.7 0.456 0.709   ... ... ... ... ... ... ...
Staff Cost (As % of Sales) %                 19.6 21.8 21.8 23.7 24.3           ... ... ...
Effective Tax Rate %                 14.0 8.42 9.99 6.13 -20.5                
Total Revenue Growth (5-year average) % ... ... ... ... ...       24.0 23.8 21.8 14.8 3.82                
Total Revenue Growth (10-year average) % ... ... ... ... ... ... ... ... ... ... 31.6 20.7 12.1                
valuation Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
                                           
Market Capitalisation USD mil                 1,197 1,579 1,739 1,062 1,042                
Enterprise Value (EV) USD mil                 1,136 1,665 1,854 1,171 815                
Number Of Shares mil                 64.6 66.9 66.9 65.0 64.8                
Share Price EUR                 15.8 21.3 21.3 14.7 15.3                
EV/EBITDA                 10.7 13.2 12.2 9.59 8.95                
Price/Earnings (P/E)                 22.6 29.2 25.6 19.8 4.26                
Price/Cash Earnings (P/CE)                 19.2 19.0 16.5 13.1 3.86         ... ... ... ...
P/FCF                 -31.2 65.0 24.7 41.8 5.52                
Price/Book Value (P/BV)                 2.78 3.70 3.48 2.25 1.56                
Dividend Yield %                 0.822 0.752 1.39 2.05 2.29                
Free Cash Flow Yield %                 -3.20 1.57 3.88 2.52 18.9                
Earnings Per Share (EPS) EUR                 0.700 0.730 0.831 0.740 3.59                
Cash Earnings Per Share EUR                 0.824 1.12 1.29 1.12 3.96         ... ... ... ...
Free Cash Flow Per Share EUR                 -0.506 0.327 0.861 0.350 2.77                
Book Value Per Share EUR                 5.69 5.75 6.12 6.52 9.81                
Dividend Per Share EUR                 0.130 0.160 0.296 0.300 0.350                
EV/Sales                 0.979 1.31 1.26 0.991 0.698                
EV/EBIT                 15.8 23.8 23.1 24.8 -368                
EV/Free Cash Flow                 -29.7 67.1 27.4 43.7 4.14                
EV/Capital Employed                 2.21 2.43 2.30 1.58 1.37                
Earnings Per Share Growth % ...               62.8 4.29 13.9 -11.0 385                
Cash Earnings Per Share Growth % ...               44.8 36.1 15.3 -13.3 253         ... ... ... ...
Book Value Per Share Growth % ...               -9.97 1.20 6.34 6.47 50.5                
clients & arpu Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
                                           
Basket Size (USD) USD ... ... ... ... ... ...     85.5 75.9 77.8 72.0 ... ... ... ... ... ... ... ... ...
Repeat Order Rate % ... ... ... ... ... ...     81.0 82.0 82.0 82.0 ... ... ... ... ... ... ... ... ...
Site Visits mil ... ... ... ... ... ...     93.1 134 208 ... ... ... ... ... ... ... ... ... ...

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Kontron's Capital Expenditures fell 10.0% yoy to EUR 49.0 mil in 2024

By Helgi Library - March 28, 2025

Kontron invested a total of EUR 49.0 mil in 2024, up 10% compared to the previous year. Historically, between 2010 - 2024, the company's investments stood at a high of EUR 49.0 mil in 2024 and a low of EUR 0.981 mil in 2010. As a perc...

Kontron's Net Margin fell 15.6% yoy to 5.35% in 2024

By Helgi Library - March 28, 2025

Kontron made a net profit of EUR 91.7 mil with revenues of EUR 1,714 mil in 2024, up by 18.0% and up by 39.8%, respectively, compared to the previous year. This translates into a net margin of 5.35%. Historically, between 2010 and 2024, the firm’s...

Kontron's Share Price fell 7.02% yoy to EUR 20.0 in 2024

By Helgi Library - March 28, 2025

Kontron stock traded at EUR 20.0 per share at the end 2024 implying a market capitalization of USD 1,322 mil. Since the end of 2019, stock has appreciated by -6.06% implying an annual average growth of -1.24% In absolute terms, the value of the company f...

Kontron's P/FCF fell 9.72% yoy to 9.85 in 2024

By Helgi Library - March 28, 2025

Kontron stock traded at EUR 20.0 per share at the end 2024 translating into a market capitalization of USD 1,322 mil. Since the end of 2019, the stock has depreciated by 6.06% representing an annual average growth of -1.24%. At the end of 2024, the firm ...

Kontron's Net Debt/EBITDA rose 178% yoy to 0.477 in 2024

By Helgi Library - March 28, 2025

Kontron's net debt stood at EUR 92.7 mil and accounted for 13.5% of equity at the end of 2024. The ratio is up 26.2 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 46.8% in 2011 and a low of -31...

Kontron's ROCE fell 18.3% yoy to 10.7% in 2024

By Helgi Library - March 28, 2025

Kontron made a net profit of EUR 91.7 mil in 2024, up 18% compared to the previous year. Historically, between 2010 and 2024, the company's net profit reached a high of EUR 232 mil in 2022 and a low of EUR 3.76 mil in 2010. The result implies a return on ...

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Finance

Kontron has been growing its sales by 7.24% a year on average in the last 5 years. EBITDA has grown on average by 10.1% a year during that time to total of EUR 367 mil in 2030, or 13.6% of sales. That’s compared to 13.2% average margin seen in last five years.

The company netted EUR 209 mil in 2030 implying ROE of 15.0% and ROCE of 10.9%. Again, the average figures were 16.5% and 11.4%, respectively when looking at the previous 5 years.

Kontron’s net debt amounted to EUR -305 mil at the end of 2030, or -20.6% of equity. When compared to EBITDA, net debt was -0.831x, down when compared to average of -0.457x seen in the last 5 years.

Valuation

Kontron stock traded at EUR 22.0 per share at the end of 2030 resulting in a market capitalization of USD 1,552 mil. Over the previous five years, stock price grew by 0% or 0% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 3.05x and price to earnings (PE) of 6.72x as of 2030.

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