Want to see DE:KCO full AI Analyst Report?
Top Page
Kloeckner & Co. SE
(Hamburg:KCO)
Select Model
Select Model
Rating:50Neutral
Price Target:
€12.50
▲(0.32% Upside)
Action:Reiterated
Date:08/10/26
The score is held back primarily by weak financial performance: profitability is negative with very thin TTM margins, and both operating cash flow and free cash flow are negative, alongside rising leverage in TTM. Technicals are more balanced, with the stock trading above the 200-day average and neutral momentum, which provides some support. Valuation is difficult to assess due to losses (negative P/E), and the modest dividend yield offers only limited offset.
Positive Factors
Distribution network & value-added services
An extensive distribution and processing network with embedded value‑added services creates customer stickiness and recurring service fees. Localized processing and logistics reduce customer lead times and support long‑term relationships, helping stabilize volumes and margins versus pure commodity resellers.
Negative Factors
Weak profitability and margins
Very thin gross and EBITDA margins and a negative net margin indicate the core distribution model is under significant pressure. Persistently low profitability limits reinvestment capacity, reduces buffer against price swings in steel markets, and requires structural cost or pricing changes to restore sustainable returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Distribution network & value-added services
An extensive distribution and processing network with embedded value‑added services creates customer stickiness and recurring service fees. Localized processing and logistics reduce customer lead times and support long‑term relationships, helping stabilize volumes and margins versus pure commodity resellers.
Read all positive factors
Kloeckner & Co. SE (KCO) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€1.24B
Dividend Yield1.61%
Average Volume (3M)68.25K
Price to Earnings (P/E)―
Beta (1Y)0.85
Revenue Growth-1.67%
EPS Growth-103.70%
CountryDE
Employees6,101
SectorGeneral
Sector StrengthN/A
IndustrySteel
Share Statistics
EPS (TTM)-3.01
Shares Outstanding99,750,000
10 Day Avg. Volume23,295
30 Day Avg. Volume68,250
Financial Highlights & Ratios
PEG Ratio0.22
Price to Book (P/B)0.51
Price to Sales (P/S)0.13
P/FCF Ratio-536.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€11.00Price Target Upside-11.72% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering2
EPS Forecast (FY)0.38
Revenue Forecast (FY)€6.59B
Kloeckner & Co. SE Business Overview & Revenue Model
Company Description
Klöckner & Co SE, through its various affiliates, specializes in the distribution of steel and metal goods. Its operations are structured into three main divisions: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. The company...
How the Company Makes Money
Kloeckner & Co. primarily makes money by distributing steel and metal products: it purchases materials from producers and sells them to customers at a margin. Revenue is therefore largely driven by (1) shipment volumes and product mix (types and g...
Kloeckner & Co. SE Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
46
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.33B | 6.38B | 6.63B | 6.96B | 8.34B | 7.44B |
| Gross Profit | 398.54M | 345.45M | 1.11B | 1.16B | 1.56B | 1.07B |
| EBITDA | 6.95M | 144.87M | 105.88M | 189.71M | 413.41M | 895.80M |
| Net Income | -300.56M | -53.64M | -176.70M | -190.59M | 253.24M | 618.97M |
Balance Sheet | ||||||
| Total Assets | 3.57B | 3.31B | 3.54B | 3.87B | 3.86B | 3.88B |
| Cash, Cash Equivalents and Short-Term Investments | 94.17M | 60.20M | 136.09M | 154.90M | 179.07M | 57.63M |
| Total Debt | 1.20B | 763.92M | 896.02M | 927.59M | 759.35M | 817.10M |
| Total Liabilities | 2.24B | 1.72B | 1.82B | 2.11B | 1.89B | 2.05B |
| Stockholders Equity | 1.32B | 1.58B | 1.71B | 1.75B | 1.96B | 1.81B |
Cash Flow | ||||||
| Free Cash Flow | -218.17M | -1.51M | 4.45M | 233.36M | 324.38M | -390.71M |
| Operating Cash Flow | -106.40M | 110.43M | 114.70M | 321.57M | 405.17M | -305.77M |
| Investing Cash Flow | 8.44M | -5.65M | -11.51M | -434.08M | -33.96M | -59.93M |
| Financing Cash Flow | 66.18M | -154.64M | -142.39M | 111.10M | -248.74M | 248.55M |
Kloeckner & Co. SE Technical Analysis
Positive
12.46
Price Trends
12.34
Positive
12.36
Positive
10.95
Positive
Market Momentum
0.02
Negative
55.54
Neutral
37.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:KCO, the sentiment is Positive. The current price of 12.46 is above the 20-day moving average (MA) of 12.36, above the 50-day MA of 12.34, and above the 200-day MA of 10.95, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 55.54 is Neutral, neither overbought nor oversold. The STOCH value of 37.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:KCO.
Kloeckner & Co. SE Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | €1.18B | 31.49 | 6.80% | 3.39% | 19.45% | -38.43% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | €3.42B | 52.57 | 1.27% | 0.36% | -5.60% | ― | |
54 Neutral | €505.56M | -14.02 | -7.70% | ― | -15.97% | 74.49% | |
50 Neutral | €1.24B | -4.05 | -19.84% | 1.62% | -1.67% | -103.70% |
* General Sector Average
DE:KCO
Kloeckner & Co. SE
12.44
7.12
133.70%
DE:SZG
Salzgitter
55.65
34.95
168.88%
DE:SGL
SGL Carbon
4.07
0.78
23.56%
DE:VOS
Vossloh
59.45
-22.83
-27.75%
DE:EIS
Eisen- und Huttenwerke AG
13.60
2.55
23.07%
DE:LAH1
Interstahl Handel Holding AG
0.03
-0.01
-30.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.