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Krones AG KRN.DE

DE · Deutsche Börse Xetra · XETR · stock · Industrials · website

Krones AG statistics & valuation

Market cap€3.6B
P / E12.1×
P / S0.6×
P / B1.7×
P / FCF13.9×
Net margin5.3%
FCF margin4.6%
Net cash€400.6M
Enterprise value USD$3.7B
Earnings yield EBIT/EV11.8%
Return on capital14.7%
Graham number +4.3%€119.68

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€119.68); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
4.40% 4.80% 5.20% 5.30% 2022202320242025
Gross margin (%)
50.90% 49.50% 51.30% 52.30% 2022202320242025
Operating margin (%)
6.00% 5.90% 7.10% 6.70% 2022202320242025
Return on equity (%)
11.70% 13.10% 14.40% 14.00% 2022202320242025
Shares outstanding
31.6M 31.6M 31.6M 31.6M 2022202320242025
Net debt (€)
-€563.6M -€308.6M -€305.9M -€400.6M 2022202320242025
Share buybacks (€)
2022202320242025
Return on assets (%)
4.50% 5.00% 5.80% 5.90% 2022202320242025
Free cash flow margin (%)
8.60% -0.50% 5.10% 4.60% 2022202320242025
Debt / equity (×)
0.07× 0.08× 0.07× 0.07× 2022202320242025
EPS (€)
€5.92 €7.11 €8.77 €9.45 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Krones AG trades at about 12.1× earnings — below its 10-year norm (10-year range 14.4×–18.1×, median 16.2×).

12.1× 18.1×

Shaded band = 10-year range (14.4×–18.1×); dot = today's 12.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin52.3%51.3%49.5%50.9%
Operating margin6.7%7.1%5.9%6.0%
Net margin5.3%5.2%4.8%4.4%
FCF margin4.6%5.1%-0.5%8.6%
Return on assets5.9%5.8%5.0%4.5%
Return on equity14.0%14.4%13.1%11.7%
Debt / equity0.00×0.00×0.00×0.00×
Current ratio1.381.341.341.37

Computed from company filings · DE · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.