Stock · KBX.DE · Consumer Cyclical
Germany · Large Cap · Revenue 12 mo. €8.1B
Price as of 11/06/2026
Knorr-Bremse AG, together with its subsidiaries, develops, produces, and markets brake systems for rail and commercial vehicles and other safety-critical systems worldwide.
Knorr-Bremse AG, together with its subsidiaries, develops, produces, and markets brake systems for rail and commercial vehicles and other safety-critical systems worldwide. It operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions. The Commercial Vehicle Systems segment provides pneumatic braking systems comprising brake control systems, disk brakes, drum brakes, brake cylinders, valves, and pedal units; steering systems; vehicle dynamics solutions, such as anti-lock braking systems and electronic stability programs; driver assistance systems; automated driving and electronic leveling control; energy supply and distribution systems, including compressors and air treatment products; and engine components and transmission control systems, such as vibration dampers, engine air management, transmission control, and gear/clutch actuation products for trucks, buses, trailers, and agricultural machinery. The company offers leasing, holding, logistics, and media and IT services. The company was founded in 1905 and is headquartered in Munich, Germany. Knorr-Bremse AG operates as a subsidiary of KB Holding GmbH.
Original text from the data provider
Summary
41.8 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €831M (2025), it supports €9.2B. The remaining €5.5B of the market value assume it grows 6.6% a year for 10 years and not at all afterwards.
Required FCF growth per year
6.6%
no growth afterwards
Price to operating cash flow 11.7×, within its usual range.
Middle half of 20 quarters: 11.5× to 14.8×, median 13.2×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
No anomaly in the stored figures.
Since the last quarter
Q2 → Q3 2026
6 more unchanged: Revenue, 12 mo., EBIT margin, FCF margin, Net debt, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 17.20% | 11.07% | Rank 67 |
| Return on capital (Greenblatt) | 21.56% | 17.91% | Rank 60 |
| EBIT margin | 11.28% | 10.89% | Rank 53 |
| FCF margin | 10.63% | 8.07% | Rank 66 |
| Gross margin | 21.67% | 34.00% | Rank 28 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | −0.83% | 5.10% | Rank 20 |
| Earnings growth, 3 years per year | 0.66% | 8.34% | Rank 35 |
| Earnings growth, 5 years per year | 0.14% | 15.10% | Rank 20 |
| Sustainable growth (ROE × retained earnings) | 3.02% | 4.34% | Rank 33 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 3.28% | 4.32% | Rank 38 |
| FCF yield | 5.64% | 4.17% | Rank 59 |
| EV/saleslower is better | 2.06 | 1.95 | Rank 47 |
| EV/EBITlower is better | 18.24 | 16.88 | Rank 45 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 8.24% | −4.35% | Rank 68 |
| Share price, 6 months | −7.82% | 3.63% | Rank 25 |
| Share price, 3 months | −2.18% | 2.92% | Rank 36 |
| Distance from 52-week high | −18.15% | −15.83% | Rank 45 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | −1.62% | 0.39% | Rank 69 |
| Change in share countlower is better | 7.25% | −0.37% | Rank 3 |
| Dividend streak in years | 3 | 4 | Rank 46 |
| Price reaction to results, market-adjusted | −6.70% | 0.16% | Rank 10 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 33.72% | 40.59% | Rank 33 |
| Net debt/EBITDAlower is better | 1.07 | 0.99 | Rank 48 |
| Debt to equitylower is better | 0.99 | 0.49 | Rank 32 |
| Volatility, 1 yearlower is better | 29.17% | 33.42% | Rank 69 |
Ten years in figures
| Year | Revenue, €B | EBIT margin | FCF, €M | Shares | Net debt |
|---|---|---|---|---|---|
| 2016 | 5.5 | 16.0% | 522.9 | 161M | −€433.3M |
| 2017 | 6.2 | 14.9% | 450.0 | 161M | −€290.3M |
| 2018 | 6.6 | 14.8% | 401.8 | 161M | €416.4M |
| 2019 | 6.9 | 15.3% | 667.6 | 161M | €653.0M |
| 2020 | 6.2 | 13.5% | 674.3 | 161M | €699.9M |
| 2021 | 6.7 | 13.9% | 580.0 | 161M | €768.3M |
| 2022 | 7.1 | 10.8% | 189.4 | 161M | €1.3B |
| 2023 | 7.9 | 11.2% | 539.4 | 161M | €1.5B |
| 2024 | 7.9 | 11.1% | 696.0 | 161M | €1.8B |
| 2025 | 7.8 | 11.3% | 831.0 | 172M | €1.3B |
4 of 7 StockScorer Score rules met · How the score is built
Knorr-Bremse AG mainly meets criteria in the Profitability category. Result from 18 strategies checked.
Knorr-Bremse AG is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
4 of 7 rules met
7 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Knorr-Bremse AG.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 30.5 | 21.6 |
| P/B ratio | 5.2 | 2.4 |
| Return on equity (ROE) | 17.2% | 11.1% |
| Equity ratio | 33.7% | 40.6% |
| Debt-to-equity (D/E) | 0.99 | 0.49 |
| Dividend yield | 2.0% | 2.2% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| KBX.DE | Knorr-Bremse AGthis page | |
| CON.DE | Continental Aktiengesellschaft | Low3.6 |
| HLE.DE | Hella KGaA Hueck & Co | Low1.8 |
| SHA0.DE | Schaeffler AG | Low3.6 |
| GPC | Genuine Parts Co | locked |
| MG.TO | Magna International Inc | locked |
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