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Kone
51
EUR
+1.19 %
KONE
NASDAQ Helsinki
Industrial Goods & Services
Industrials
16,106 following
www.kone.com/en/investors
Kone is a manufacturer of elevators, escalators and automatic doors. Examples of other associated products and systems that the company provides include barriers, docking systems and traffic gates. Today, the company's products are resold in all global regions via authorized resellers. Kone was originally founded in 1910 and is headquartered in Espoo.
P/E (adj.) (24e)
26.52
EV/EBIT (adj.) (24e)
19.77
P/B (24e)
9.39
Dividend yield-% (24e)
3.53 %
Target price
55.00 EUR
Recommendation
Accumulate
Updated
27.10.2024
NASDAQ Helsinki
KNEBV
Daily low / high price
50.22 / 51
EUR
Market cap
27B EUR
Turnover
17.16M EUR
Volume
338K
Business risk
Valuation risk
Current
Previous
Latest research
Analyst
Erkki Vesola
Analyst
Latest videos
Financial calendar
Annual report
30.01.2025
General meeting
05.03.2025
Interim report
30.04.2025
Interim report
18.07.2025
Interim report
23.10.2025
Major OwnersSource: Millistream Market Data AB
| Owner | Capital | Votes |
|---|---|---|
| Herlin Antti | 23.4 % | 62.4 % |
| Polttina Oy | 3.3 % | 1.4 % |
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Insider Transactions
| Insider | Date | Total value |
|---|---|---|
| Antti Herlin | 04.12.2023 | 297,753EUR |
| Antti Herlin | 04.12.2023 | 403,397EUR |
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Forum updates
Income statement
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9,938.6 | 10,514.2 | 10,906.6 | 10,952.3 | 11,085.5 | 11,636.4 | 12,355.0 | 13,048.7 |
| growth-% | -0.4 % | 5.8 % | 3.7 % | 0.4 % | 1.2 % | 5.0 % | 6.2 % | 5.6 % |
| EBITDA | 1,451.9 | 1,539.3 | 1,290.5 | 1,469.5 | 1,575.8 | 1,795.9 | 1,948.6 | 2,065.1 |
| EBIT (adj.) | 1,250.5 | 1,309.8 | 1,076.6 | 1,248.4 | 1,286.9 | 1,505.1 | 1,645.4 | 1,750.0 |
| EBIT | 1,212.9 | 1,295.3 | 1,031.2 | 1,200.1 | 1,286.9 | 1,505.1 | 1,645.4 | 1,750.0 |
| Profit before taxes | 1,224.3 | 1,320.8 | 1,028.5 | 1,206.2 | 1,297.6 | 1,518.9 | 1,664.1 | 1,775.8 |
| Net income | 939.3 | 1,014.2 | 774.5 | 925.8 | 994.7 | 1,163.2 | 1,274.5 | 1,360.1 |
| EPS (adj.) | 1.87 | 1.98 | 1.59 | 1.88 | 1.92 | 2.25 | 2.46 | 2.63 |
| growth-% | 0.2 % | 6.2 % | -20.0 % | 18.8 % | 2.1 % | 16.9 % | 9.6 % | 6.7 % |
| Dividend | 2.25 | 2.10 | 1.75 | 1.75 | 1.80 | 1.90 | 2.10 | 2.63 |
| Dividend ratio | 124.1 % | 107.1 % | 116.7 % | 97.7 % | 93.5 % | 84.4 % | 85.2 % | 100.0 % |
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Profitability and return on capital
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| EBITDA-% | 14.6 % | 14.6 % | 11.8 % | 13.4 % | 14.2 % | 15.4 % | 15.8 % | 15.8 % |
| EBIT-% (adj.) | 12.6 % | 12.5 % | 9.9 % | 11.4 % | 11.6 % | 12.9 % | 13.3 % | 13.4 % |
| EBIT-% | 12.2 % | 12.3 % | 9.5 % | 11.0 % | 11.6 % | 12.9 % | 13.3 % | 13.4 % |
| ROE | 29.6 % | 31.9 % | 25.8 % | 33.1 % | 35.8 % | 39.7 % | 40.0 % | 39.2 % |
| ROI | 32.3 % | 34.6 % | 28.4 % | 35.4 % | 37.2 % | 41.8 % | 44.4 % | 45.8 % |
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Valuation
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Share price (EUR) | 66.46 | 63.04 | 48.30 | 45.16 | 51.00 | 51.00 | 51.00 | 51.00 |
| Shares | 518.4 | 518.0 | 517.1 | 517.2 | 517.2 | 517.2 | 517.2 | 517.2 |
| Market cap | 34,452.2 | 32,652.4 | 24,975.4 | 23,358.4 | 26,379.1 | 26,379.1 | 26,379.1 | 26,379.1 |
| Enterprise value | 32,476.7 | 30,466.6 | 23,644.7 | 22,323.3 | 25,439.4 | 25,203.0 | 24,908.2 | 24,638.3 |
| EV/S | 3.3 | 2.9 | 2.2 | 2.0 | 2.3 | 2.2 | 2.0 | 1.9 |
| EV/EBITDA | 22.4 | 19.8 | 18.3 | 15.2 | 16.1 | 14.0 | 12.8 | 11.9 |
| EV/EBIT (adj.) | 26.0 | 23.3 | 22.0 | 17.9 | 19.8 | 16.7 | 15.1 | 14.1 |
| EV/EBIT | 26.8 | 23.5 | 22.9 | 18.6 | 19.8 | 16.7 | 15.1 | 14.1 |
| P/E (adj.) | 35.6 | 31.8 | 30.5 | 24.0 | 26.5 | 22.7 | 20.7 | 19.4 |
| P/E | 36.7 | 32.2 | 32.2 | 25.2 | 26.5 | 22.7 | 20.7 | 19.4 |
| P/B | 10.9 | 10.3 | 8.8 | 8.5 | 9.4 | 8.7 | 7.9 | 7.3 |
| P/S | 3.5 | 3.1 | 2.3 | 2.1 | 2.4 | 2.3 | 2.1 | 2.0 |
| Dividend yield | 3.4 % | 3.3 % | 3.6 % | 3.9 % | 3.5 % | 3.7 % | 4.1 % | 5.2 % |
| Equity ratio | 45.5 % | 41.2 % | 40.3 % | 40.9 % | 41.5 % | 43.8 % | 46.3 % | 48.6 % |
| Gearing ratio | -61.1 % | -67.6 % | -45.7 % | -36.4 % | -32.2 % | -37.3 % | -42.7 % | -46.8 % |
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Quarter data
| Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,809.9 | 10,952.3 | 2,568.2 | 2,801.1 | 2,753.5 | 2,962.8 | 11,085.5 | 2,640.6 | 2,928.1 |
| EBITDA | 434.5 | 1,469.5 | 333.9 | 405.2 | 392.9 | 443.8 | 1,575.8 | 347.8 | 465.4 |
| EBIT | 362.2 | 1,200.1 | 262.4 | 334.6 | 319.5 | 370.4 | 1,286.9 | 275.1 | 392.7 |
| Profit before taxes | 360.7 | 1,206.2 | 265.7 | 336.8 | 322.1 | 373.0 | 1,297.6 | 278.5 | 396.1 |
| Net income | 273.4 | 925.8 | 203.0 | 258.6 | 246.9 | 286.2 | 994.7 | 214.4 | 305.0 |
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ShowingAll content types
KONE Q3'24: The ball and chain from China is getting lighter
KONE Oyj: Financial reporting schedule of KONE Corporation in 2025
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KONE Oyj: Interim Report of KONE Corporation for January-September 2024
KONE: Coming years rely on the aftermarket
