(KCO) Klöckner SE - Overview
Stock: Flat Steel, Long Steel, Tubes, Stainless Steel, Aluminum
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.14% |
| Yield on Cost 5y | 3.55% |
| Yield CAGR 5y | -53.58% |
| Payout Consistency | 32.6% |
| Payout Ratio | 140.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 33.1% |
| Relative Tail Risk | -23.9% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.34 |
| Alpha | 83.28 |
| Character TTM | |
|---|---|
| Beta | 0.148 |
| Beta Downside | 0.812 |
| Drawdowns 3y | |
|---|---|
| Max DD | 55.78% |
| CAGR/Max DD | 0.11 |
Description: KCO Klöckner SE December 26, 2025
Klöckner & Co SE (XETRA:KCO) is a family-owned distributor of steel and metal products operating through two geographic segments – Kloeckner Metals Americas and Kloeckner Metals Europe – with a footprint in Germany, Switzerland, France, the United States and other international markets.
The company’s catalogue spans flat and long steel, tubes, hollow sections, stainless and high-grade steel, as well as aluminum and CO₂-reduced variants for construction, roofing, wall systems and water-supply applications. Value-added processing services include cutting (laser, water-jet, plasma, oxy-fuel), CNC turning/milling, tube laser cutting, forming, shot blasting, painting, and comprehensive warehousing, logistics and materials-management solutions.
Klöckner & Co primarily serves SMB customers in construction, machinery & mechanical engineering, transportation and other metal-working sectors. In 2023 the group generated roughly €5.5 bn of revenue with an EBIT margin around 5 %, and its net-debt-to-EBITDA ratio hovered near 2.0× – figures that reflect the capital-intensive, cyclical nature of steel distribution. Key economic drivers include European construction activity, automotive production cycles, and the EU’s carbon-pricing regime, which increasingly favors the firm’s CO₂-reduced steel offerings.
For a deeper quantitative view of KCO’s valuation metrics, see the ValueRay analysis.
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income: -131.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -2.47 > 1.0 |
| NWC/Revenue: 22.44% < 20% (prev 18.86%; Δ 3.57% < -1%) |
| CFO/TA 0.01 > 3% & CFO 44.1m > Net Income -131.5m |
| Net Debt (998.9m) to EBITDA (136.9m): 7.29 < 3 |
| Current Ratio: 2.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (99.8m) vs 12m ago -0.77% < -2% |
| Gross Margin: 15.91% > 18% (prev 0.19%; Δ 1572 % > 0.5%) |
| Asset Turnover: 182.1% > 50% (prev 189.2%; Δ -7.12% > 0%) |
| Interest Coverage Ratio: 0.22 > 6 (EBITDA TTM 136.9m / Interest Expense TTM 54.7m) |
Altman Z'' 3.71
| A: 0.41 (Total Current Assets 2.32b - Total Current Liabilities 887.9m) / Total Assets 3.46b |
| B: 0.14 (Retained Earnings 474.6m / Total Assets 3.46b) |
| C: 0.00 (EBIT TTM 11.8m / Avg Total Assets 3.52b) |
| D: 0.49 (Book Value of Equity 950.5m / Total Liabilities 1.93b) |
| Altman-Z'' Score: 3.71 = AA |
Beneish M -3.00
| DSRI: 1.04 (Receivables 857.3m/872.8m, Revenue 6.40b/6.75b) |
| GMI: 1.20 (GM 15.91% / 19.06%) |
| AQI: 0.84 (AQ_t 0.11 / AQ_t-1 0.13) |
| SGI: 0.95 (Revenue 6.40b / 6.75b) |
| TATA: -0.05 (NI -131.5m - CFO 44.1m) / TA 3.46b) |
| Beneish M-Score: -3.00 (Cap -4..+1) = AA |
What is the price of KCO shares?
Over the past week, the price has changed by +0.18%, over one month by +34.96%, over three months by +108.70% and over the past year by +104.00%.
Is KCO a buy, sell or hold?
What are the forecasts/targets for the KCO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 8 | -27.2% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 12.3 | 11.1% |
KCO Fundamental Data Overview February 03, 2026
P/E Forward = 19.8807
P/S = 0.172
P/B = 0.7231
Revenue TTM = 6.40b EUR
EBIT TTM = 11.8m EUR
EBITDA TTM = 136.9m EUR
Long Term Debt = 932.3m EUR (from longTermDebt, last quarter)
Short Term Debt = 123.0m EUR (from shortTermDebt, last quarter)
Debt = 1.06b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 998.9m EUR (from netDebt column, last quarter)
Enterprise Value = 1.56b EUR (557.8m + Debt 1.06b - CCE 56.4m)
Interest Coverage Ratio = 0.22 (Ebit TTM 11.8m / Interest Expense TTM 54.7m)
EV/FCF = -20.68x (Enterprise Value 1.56b / FCF TTM -75.3m)
FCF Yield = -4.83% (FCF TTM -75.3m / Enterprise Value 1.56b)
FCF Margin = -1.18% (FCF TTM -75.3m / Revenue TTM 6.40b)
Net Margin = -2.05% (Net Income TTM -131.5m / Revenue TTM 6.40b)
Gross Margin = 15.91% ((Revenue TTM 6.40b - Cost of Revenue TTM 5.38b) / Revenue TTM)
Gross Margin QoQ = 7.55% (prev 19.46%)
Tobins Q-Ratio = 0.45 (Enterprise Value 1.56b / Total Assets 3.46b)
Interest Expense / Debt = 1.31% (Interest Expense 13.9m / Debt 1.06b)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 8.84m (EBIT 11.8m * (1 - 25.00%))
Current Ratio = 2.62 (Total Current Assets 2.32b / Total Current Liabilities 887.9m)
Debt / Equity = 0.69 (Debt 1.06b / totalStockholderEquity, last quarter 1.52b)
Debt / EBITDA = 7.29 (Net Debt 998.9m / EBITDA 136.9m)
Debt / FCF = -13.27 (negative FCF - burning cash) (Net Debt 998.9m / FCF TTM -75.3m)
Total Stockholder Equity = 1.58b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.74% (Net Income -131.5m / Total Assets 3.46b)
RoE = -8.32% (Net Income TTM -131.5m / Total Stockholder Equity 1.58b)
RoCE = 0.47% (EBIT 11.8m / Capital Employed (Equity 1.58b + L.T.Debt 932.3m))
RoIC = 0.42% (NOPAT 8.84m / Invested Capital 2.11b)
WACC = 2.88% (E(557.8m)/V(1.61b) * Re(6.46%) + D(1.06b)/V(1.61b) * Rd(1.31%) * (1-Tc(0.25)))
Discount Rate = 6.46% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
Fair Price DCF = unknown (Cash Flow -75.3m)
EPS Correlation: -55.51 | EPS CAGR: -13.55% | SUE: -0.06 | # QB: 0
Revenue Correlation: -86.44 | Revenue CAGR: -6.00% | SUE: 0.07 | # QB: 0
EPS next Year (2026-12-31): EPS=0.68 | Chg30d=+0.191 | Revisions Net=+0 | Growth EPS=+374.4% | Growth Revenue=+11.4%