(KPN) Koninklijke KPN - Overview
Exchange: AS •
Country: Netherlands •
Currency: EUR •
Type: Common Stock •
ISIN: NL0000009082
Stock: Mobile, Broadband, Television, IT, Cloud
Total Rating 59
Risk 53
Buy Signal 0.48
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.38% |
| Yield on Cost 5y | 13.40% |
| Yield CAGR 5y | 7.30% |
| Payout Consistency | 76.5% |
| Payout Ratio | 63.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 28.8% |
| Relative Tail Risk | -2.84% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.48 |
| Alpha | 30.22 |
| Character TTM | |
|---|---|
| Beta | -0.156 |
| Beta Downside | -0.193 |
| Drawdowns 3y | |
|---|---|
| Max DD | 10.88% |
| CAGR/Max DD | 1.56 |
Description: KPN Koninklijke KPN January 02, 2026
Koninklijke KPN N.V. (AS:KPN) is the Netherlands’ leading integrated telecom and IT provider, operating across Consumer, Business, Wholesale & Network, and Operations & IT segments. It delivers fixed-line and mobile voice, broadband, and TV services to retail and enterprise customers, while also offering wholesale network capacity, cloud, workspace, and cybersecurity solutions under brands such as KPN, XS4ALL, Simyo, and KPN Security.
Key operational metrics (2023) include roughly 5.2 million mobile subscribers, 2.5 million fixed-line broadband customers, and an EBITDA margin of about 31 %, supported by €2.5 bn of annual capex focused on 5G rollout and fiber-to-the-home expansion. The Dutch market’s high penetration rates and EU-wide broadband funding programs are primary growth levers, while regulatory price caps on wholesale access create a stable, though tightly managed, revenue floor.
For a deeper quantitative breakdown, the ValueRay platform offers a granular view of KPN’s valuation metrics and peer comparisons.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 1.66b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -3.04 > 1.0 |
| NWC/Revenue: -4.41% < 20% (prev -10.09%; Δ 5.69% < -1%) |
| CFO/TA 0.16 > 3% & CFO 1.93b > Net Income 1.66b |
| Net Debt (6.68b) to EBITDA (4.47b): 1.49 < 3 |
| Current Ratio: 0.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (4.16b) vs 12m ago -7.96% < -2% |
| Gross Margin: 45.86% > 18% (prev 0.35%; Δ 4551 % > 0.5%) |
| Asset Turnover: 81.13% > 50% (prev 44.82%; Δ 36.31% > 0%) |
| Interest Coverage Ratio: 4.71 > 6 (EBITDA TTM 4.47b / Interest Expense TTM 599.0m) |
Altman Z'' -0.55
| A: -0.04 (Total Current Assets 1.15b - Total Current Liabilities 1.58b) / Total Assets 12.42b |
| B: -0.40 (Retained Earnings -4.96b / Total Assets 12.42b) |
| C: 0.23 (EBIT TTM 2.82b / Avg Total Assets 12.22b) |
| D: -0.54 (Book Value of Equity -4.80b / Total Liabilities 8.98b) |
| Altman-Z'' Score: -0.55 = B |
Beneish M -2.87
| DSRI: 0.73 (Receivables 720.0m/536.0m, Revenue 9.91b/5.39b) |
| GMI: 0.77 (GM 45.86% / 35.34%) |
| AQI: 1.02 (AQ_t 0.34 / AQ_t-1 0.33) |
| SGI: 1.84 (Revenue 9.91b / 5.39b) |
| TATA: -0.02 (NI 1.66b - CFO 1.93b) / TA 12.42b) |
| Beneish M-Score: -2.87 (Cap -4..+1) = A |
What is the price of KPN shares?
As of February 08, 2026, the stock is trading at EUR 4.48 with a total of 9,618,577 shares traded.
Over the past week, the price has changed by +8.98%, over one month by +14.03%, over three months by +15.39% and over the past year by +33.24%.
Over the past week, the price has changed by +8.98%, over one month by +14.03%, over three months by +15.39% and over the past year by +33.24%.
Is KPN a buy, sell or hold?
Koninklijke KPN has no consensus analysts rating.
What are the forecasts/targets for the KPN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 4.3 | -5.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 5.5 | 22.1% |
KPN Fundamental Data Overview January 31, 2026
Market Cap USD = 18.54b (15.71b EUR * 1.1801 EUR.USD)
P/E Trailing = 18.6727
P/E Forward = 15.1515
P/S = 2.6957
P/B = 4.6092
P/EG = 2.0611
Revenue TTM = 9.91b EUR
EBIT TTM = 2.82b EUR
EBITDA TTM = 4.47b EUR
Long Term Debt = 6.25b EUR (from longTermDebt, last quarter)
Short Term Debt = 177.0m EUR (from shortTermDebt, last quarter)
Debt = 7.00b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.68b EUR (from netDebt column, last quarter)
Enterprise Value = 22.34b EUR (15.71b + Debt 7.00b - CCE 374.0m)
Interest Coverage Ratio = 4.71 (Ebit TTM 2.82b / Interest Expense TTM 599.0m)
EV/FCF = 22.07x (Enterprise Value 22.34b / FCF TTM 1.01b)
FCF Yield = 4.53% (FCF TTM 1.01b / Enterprise Value 22.34b)
FCF Margin = 10.21% (FCF TTM 1.01b / Revenue TTM 9.91b)
Net Margin = 16.73% (Net Income TTM 1.66b / Revenue TTM 9.91b)
Gross Margin = 45.86% ((Revenue TTM 9.91b - Cost of Revenue TTM 5.37b) / Revenue TTM)
Gross Margin QoQ = 68.13% (prev 54.86%)
Tobins Q-Ratio = 1.80 (Enterprise Value 22.34b / Total Assets 12.42b)
Interest Expense / Debt = 3.86% (Interest Expense 270.0m / Debt 7.00b)
Taxrate = 23.36% (128.0m / 548.0m)
NOPAT = 2.16b (EBIT 2.82b * (1 - 23.36%))
Current Ratio = 0.72 (Total Current Assets 1.15b / Total Current Liabilities 1.58b)
Debt / Equity = 2.06 (Debt 7.00b / totalStockholderEquity, last quarter 3.40b)
Debt / EBITDA = 1.49 (Net Debt 6.68b / EBITDA 4.47b)
Debt / FCF = 6.60 (Net Debt 6.68b / FCF TTM 1.01b)
Total Stockholder Equity = 3.19b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.57% (Net Income 1.66b / Total Assets 12.42b)
RoE = 52.03% (Net Income TTM 1.66b / Total Stockholder Equity 3.19b)
RoCE = 29.88% (EBIT 2.82b / Capital Employed (Equity 3.19b + L.T.Debt 6.25b))
RoIC = 21.89% (NOPAT 2.16b / Invested Capital 9.87b)
WACC = 4.61% (E(15.71b)/V(22.71b) * Re(5.34%) + D(7.00b)/V(22.71b) * Rd(3.86%) * (1-Tc(0.23)))
Discount Rate = 5.34% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -4.06%
[DCF Debug] Terminal Value 86.44% ; FCFF base≈1.15b ; Y1≈1.16b ; Y5≈1.25b
Fair Price DCF = 8.00 (EV 37.28b - Net Debt 6.68b = Equity 30.59b / Shares 3.83b; r=5.90% [WACC]; 5y FCF grow 0.67% → 2.90% )
EPS Correlation: 52.64 | EPS CAGR: 14.29% | SUE: -0.44 | # QB: 0
Revenue Correlation: 71.34 | Revenue CAGR: 22.66% | SUE: 3.04 | # QB: 1
EPS current Year (2026-12-31): EPS=0.26 | Chg30d=-0.003 | Revisions Net=-1 | Growth EPS=+12.2% | Growth Revenue=+1.5%
EPS next Year (2027-12-31): EPS=0.27 | Chg30d=-0.003 | Revisions Net=-1 | Growth EPS=+4.3% | Growth Revenue=+2.0%
P/E Trailing = 18.6727
P/E Forward = 15.1515
P/S = 2.6957
P/B = 4.6092
P/EG = 2.0611
Revenue TTM = 9.91b EUR
EBIT TTM = 2.82b EUR
EBITDA TTM = 4.47b EUR
Long Term Debt = 6.25b EUR (from longTermDebt, last quarter)
Short Term Debt = 177.0m EUR (from shortTermDebt, last quarter)
Debt = 7.00b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.68b EUR (from netDebt column, last quarter)
Enterprise Value = 22.34b EUR (15.71b + Debt 7.00b - CCE 374.0m)
Interest Coverage Ratio = 4.71 (Ebit TTM 2.82b / Interest Expense TTM 599.0m)
EV/FCF = 22.07x (Enterprise Value 22.34b / FCF TTM 1.01b)
FCF Yield = 4.53% (FCF TTM 1.01b / Enterprise Value 22.34b)
FCF Margin = 10.21% (FCF TTM 1.01b / Revenue TTM 9.91b)
Net Margin = 16.73% (Net Income TTM 1.66b / Revenue TTM 9.91b)
Gross Margin = 45.86% ((Revenue TTM 9.91b - Cost of Revenue TTM 5.37b) / Revenue TTM)
Gross Margin QoQ = 68.13% (prev 54.86%)
Tobins Q-Ratio = 1.80 (Enterprise Value 22.34b / Total Assets 12.42b)
Interest Expense / Debt = 3.86% (Interest Expense 270.0m / Debt 7.00b)
Taxrate = 23.36% (128.0m / 548.0m)
NOPAT = 2.16b (EBIT 2.82b * (1 - 23.36%))
Current Ratio = 0.72 (Total Current Assets 1.15b / Total Current Liabilities 1.58b)
Debt / Equity = 2.06 (Debt 7.00b / totalStockholderEquity, last quarter 3.40b)
Debt / EBITDA = 1.49 (Net Debt 6.68b / EBITDA 4.47b)
Debt / FCF = 6.60 (Net Debt 6.68b / FCF TTM 1.01b)
Total Stockholder Equity = 3.19b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.57% (Net Income 1.66b / Total Assets 12.42b)
RoE = 52.03% (Net Income TTM 1.66b / Total Stockholder Equity 3.19b)
RoCE = 29.88% (EBIT 2.82b / Capital Employed (Equity 3.19b + L.T.Debt 6.25b))
RoIC = 21.89% (NOPAT 2.16b / Invested Capital 9.87b)
WACC = 4.61% (E(15.71b)/V(22.71b) * Re(5.34%) + D(7.00b)/V(22.71b) * Rd(3.86%) * (1-Tc(0.23)))
Discount Rate = 5.34% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -4.06%
[DCF Debug] Terminal Value 86.44% ; FCFF base≈1.15b ; Y1≈1.16b ; Y5≈1.25b
Fair Price DCF = 8.00 (EV 37.28b - Net Debt 6.68b = Equity 30.59b / Shares 3.83b; r=5.90% [WACC]; 5y FCF grow 0.67% → 2.90% )
EPS Correlation: 52.64 | EPS CAGR: 14.29% | SUE: -0.44 | # QB: 0
Revenue Correlation: 71.34 | Revenue CAGR: 22.66% | SUE: 3.04 | # QB: 1
EPS current Year (2026-12-31): EPS=0.26 | Chg30d=-0.003 | Revisions Net=-1 | Growth EPS=+12.2% | Growth Revenue=+1.5%
EPS next Year (2027-12-31): EPS=0.27 | Chg30d=-0.003 | Revisions Net=-1 | Growth EPS=+4.3% | Growth Revenue=+2.0%