Stock · KRN.DE · Industrials

Krones AG

Germany · Mid Cap · Revenue 12 mo. €5.7B

Price as of 11/06/2026

StockScorer score
3.6
of 10 4 of 11 points Low Match To the score
Price
€111.20
1 Y −16.6%
Market cap
€3.5B
Phase
Growth
revenue growing, core business profitable
Revenue +10.4% a year (3 years)EBIT margin 6.1%Payout 19.3% of operating cash flow

Krones AG, together with its subsidiaries, plans, develops, manufactures, and sells machines and lines for the fields of process, filling, and packaging technology in Germany, the rest of Europe, the Middle East, the Asia Pacific, China, the Americas, and internationally.

moreless

Krones AG, together with its subsidiaries, plans, develops, manufactures, and sells machines and lines for the fields of process, filling, and packaging technology in Germany, the rest of Europe, the Middle East, the Asia Pacific, China, the Americas, and internationally. It operates in three segments: Filling and Packaging Technology, Process Technology, and Intralogistics. The Filling and Packaging Technology segment offers machines and systems for producing PET bottles; recycling systems for converting used plastic bottles into food-grade recycled materials. The Process Technology segment supplies machines and lines for producing and processing beer, soft drinks, fruit juices, milk, dairy drinks, and alternative proteins; and provides water treatment solutions and components under the Evoguard and Ampco Pumps brands. The Intralogistics segment is involved in the planning and design of automated warehousing, and order-picking and material flow systems with automated guided vehicle systems and matching software tools. It also provides system and software solutions. The company also offers logistics systems, and custom IT and digitalization solutions that manage and optimize all production processes. It serves beverage producers; and companies from the food, chemical, pharmaceutical, and cosmetic industries. Krones AG was founded in 1951 and is headquartered in Neutraubling, Germany.

Original text from the data provider

Summary

Krones AG is around the middle of the Industrials sector overall

56.1 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

The price requires 2.0% FCF growth a year: more than over the last 5 years, less than over the last 10 years.

If free cash flow stays at €274M (2025), it supports €3B. The remaining €468.3M of the market value assume it grows 2.0% a year for 10 years and not at all afterwards.

Required FCF growth per year

2.0%

no growth afterwards

Market value breakdown€3.5B market value, price as of 11/06/2026

€3B without growth
€468.3M priced-in growth
  • 5 yrs achieved −13.0%
  • 10 yrs achieved 54.8%
  • priced in 2.0%

Valuation against its own history

Price to operating cash flow 8.5×, within its usual range.

Middle half of 20 quarters: 8.4× to 11.4×, median 8.9×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 1 speaks against it.

What supports it

with respect to the priced-in expectation

  • Low capital needs capex median 3.4% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

  • Volatile earnings 3 drops or sign changes in up to 10 years

Since the last quarter

Q1 → Q2 2026

A mixed quarter: 2 figures better, 2 worse.

  • FCF, 12 mo.€116.8M → €227.9M+95.1%better
  • Gross margin20.9% → 12.4%−8.5 ppworse
  • FCF margin2.1% → 4.0%+2.0 ppbetter
  • Net debt−€345.7M → −€231.3M+33.1%worse

4 more unchanged: Revenue, 12 mo., EBIT margin, Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

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.

Profitability36.3below the middleEarns less than the sector: EBIT margin 6.11%, sector 11.28%.
MetricStockSector medianPosition in sector
Return on equity14.06%13.10%Rank 53
Return on capital (Greenblatt)18.55%19.33%Rank 47
EBIT margin6.11%11.28%Rank 20
FCF margin4.84%8.50%Rank 30
Gross margin20.00%28.98%Rank 31
Growth56.4around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year6.99%5.15%Rank 60
Earnings growth, 3 years per year16.87%8.01%Rank 69
Earnings growth, 5 years per yeardoes not count towards the rank–12.89%
Sustainable growth (ROE × retained earnings)3.27%4.02%Rank 41
Valuation89.4above the middleValued lower than the sector: EV/sales 0.55, sector 2.08.
MetricStockSector medianPosition in sector
Earnings yield8.50%4.42%Rank 85
FCF yield7.80%3.98%Rank 84
EV/saleslower is better0.552.08Rank 96
EV/EBITlower is better8.9919.47Rank 93
Momentum34.7below the middleShare price doing worse than the sector: Share price, 1 year −16.63%, sector −0.01%.
MetricStockSector medianPosition in sector
Share price, 1 year−16.63%−0.01%Rank 21
Share price, 6 months−11.82%−1.43%Rank 31
Share price, 3 months0.66%0.53%Rank 51
Distance from 52-week high−22.02%−16.36%Rank 36
Quality41.7around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better1.05%1.39%Rank 54
Change in share countlower is better0.22%−0.44%Rank 15
Dividend streak in years45Rank 49
Price reaction to results, market-adjusted0.26%0.27%Rank 50
Balance sheet & risk77.9above the middleLess risk than the sector: Debt to equity 0.07, sector 0.61.
MetricStockSector medianPosition in sector
Equity ratio42.21%39.65%Rank 57
Net debt/EBITDAlower is better−0.651.38Rank 88
Debt to equitylower is better0.070.61Rank 92
Volatility, 1 yearlower is better25.93%32.95%Rank 75

Ten years in figures

Revenue from €3.4B (2016) to €5.7B (2025), 5.9% a year.

Fiscal years, amounts in EUR
YearRevenue, €BEBIT marginFCF, €MSharesNet debt, €M
20163.46.8%83.431.6M−368.6
20173.76.4%−139.431.6M−157.4
20183.95.5%135.931.6M−215.1
20194.01.4%−75.431.6M50.9
20203.30.0%228.031.6M−89.7
20213.64.9%200.831.6M−280.8
20224.26.0%360.531.6M−563.6
20234.75.9%−25.031.6M−308.6
20245.37.1%271.031.6M−305.9
20255.76.1%274.031.7M−400.6
3.6 / 10Low MatchStockScorer score4 of 11 points

3 of 7 StockScorer Score rules met · How the score is built

Krones AG mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 33%This stock · Growth: 50%This stock · Valuation: 100%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Krones AG's score is built

Krones 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.

3 of 7 rules met

4 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Krones AG stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • StockScorer Score
  • Earnings Quality: Accrual Check (Sloan)
  • Magic Formula: Value + Quality
  • Moat Quality
  • Altman Z-Score: Stress Test
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Balanced GARP
  • High-Growth / Rule of 40
  • Levermann Strategy (13 Criteria)
  • PEG Strategy (inspired by Peter Lynch)
  • Growth Momentum (CAN SLIM principle)

Krones AG key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Krones AG.

MetricStockSector
P/E ratio11.822.5
P/B ratio1.72.9
Return on equity (ROE)14.1%13.1%
Equity ratio42.2%39.7%
Debt-to-equity (D/E)0.070.61
Dividend yield2.5%2.0%

Similar stocks in Industrials

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
KRN.DEKrones AGthis page
GIL.DEDMG MORI AKTIENGESELLSCHAFTLow0.0
JUN3.DEJungheinrich AG Vz.Low1.8
PFV.DEPfeiffer Vacuum TechnologyLow0.0
DEZ.DEDeutz AGlocked
KSB3.DEKSB SE & Co. KGaAlocked

Frequently asked questions about Krones AG stock

How does Krones AG stock (KRN.DE) score in the StockScorer model?
Krones AG stock reaches a StockScorer score of 3.6 out of 10, which is a low match with the rule-based strategies. 3 out of 7 flagship profile rules are met.
What is Krones AG's P/E ratio?
Krones AG's P/E ratio is 11.8. The Industrials sector median is 22.5.
What sector is Krones AG in?
Krones AG is assigned to the Industrials sector. Its rank within the sector is 56.1 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

Unlock the full analysis for free

Signed up in 30 seconds, free.

  • More metrics: FCF margin, cash flow yield and more
  • Full peer comparison within the same sector
  • See the match across all strategies in detail
  • Apply your own scoring profile to any stock
  • Add the stock to your watchlist and track score changes
  • Daily updated ratings, rule-based and transparent

Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.

How StockScorer rates every stock is explained on the methodology page.