KPS AG (KSC) AI Stock Analysis

KPS AG

(XETRA:KSC)

Select Model

Rating:49Neutral

Price Target:EUR 0.22▼(-0.45% Downside)

Action:upgraded

Date:08/18/26

The overall stock score of 49 reflects profound fundamental weaknesses offset by relatively strong recent technical momentum. Severe operational headwinds, net losses, and a highly negative valuation are the most significant risks impacting the stock. However, recent price trends breaking above short- and mid-term moving averages prevent the score from resting at the absolute bottom.

Positive Factors

Positive cash generationPositive operating and free cash flow provide an important buffer while reported earnings are weak. Although cash generation declined, the company has continued converting operations into cash, supporting near-term funding capacity and reducing the risk that accounting losses immediately become equivalent cash losses.

Negative Factors

Declining revenueSustained revenue contraction signals weaker project demand, reduced activity, or lower delivery volume across the business. A shrinking top line makes it harder to absorb fixed personnel and operating costs, limits investment capacity, and raises the risk that profitability will remain under pressure over the next several quarters.

KPS AG (KSC) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 9.47M
Dividend Yield: ―
Average Volume (3M): 14.30K
Price to Earnings (P/E): -0.4
Beta (1Y): 0.27
Revenue Growth: -16.79%
EPS Growth: -18.96%
Country: Germany
Employees: 456
Sector: General
Sector Strength: 55
Industry: Information Technology Services

KPS AG Business Overview & Revenue Model

Company Description

KPS AG provides business transformation consulting and process optimization services for the retail and consumer goods sectors in Germany, Scandinavia, the United Kingdom, Switzerland, Benelux, Spain, and internationally. It operates in three segment...

How the Company Makes Money

KPS AG primarily makes money by billing clients for consulting and implementation services delivered through project-based engagements. Key revenue streams typically include (1) advisory/strategy work (e.g., transformation roadmaps and operating mode...

KPS AG Financial Statement Overview

Summary

Financial performance is highly distressed, characterized by a 16% YoY revenue decline, widening net losses, and a weakening balance sheet with a spiking debt-to-equity ratio of 1.76. While the ability to maintain positive free cash flow offers minor relief, deteriorating operating cash flow raises long-term viability concerns.

Income Statement

18Very Negative

Balance Sheet

28Negative

Cash Flow

48Neutral

Financial statement breakdown
Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	111.70M	121.72M	145.41M	177.78M	179.53M	157.98M
Gross Profit	13.02M	17.59M	21.81M	29.37M	40.63M	36.41M
EBITDA	3.87M	5.20M	6.00M	7.81M	21.52M	21.64M
Net Income	-21.87M	-21.84M	-23.37M	-1.25M	9.55M	8.73M
Balance Sheet
Total Assets	93.21M	101.29M	127.60M	162.74M	160.06M	160.41M
Cash, Cash Equivalents and Short-Term Investments	2.99M	9.22M	12.08M	6.90M	6.06M	8.06M
Total Debt	44.84M	48.37M	49.34M	53.29M	43.98M	47.67M
Total Liabilities	65.52M	73.86M	79.21M	95.55M	88.27M	91.39M
Stockholders Equity	27.69M	27.42M	48.40M	67.18M	71.79M	69.02M
Cash Flow
Free Cash Flow	4.74M	5.35M	8.79M	8.85M	14.96M	15.55M
Operating Cash Flow	4.77M	5.42M	8.89M	9.24M	15.05M	17.02M
Investing Cash Flow	-26.00K	-52.00K	-1.29M	-7.50M	-4.64M	-6.18M
Financing Cash Flow	-9.55M	-8.22M	-2.43M	-908.00K	-12.42M	-22.90M

KPS AG Technical Analysis

Technical Analysis SentimentNegative

Last Price0.22

Price Trends

50DMA0.24Negative

100DMA0.24Negative

200DMA0.31Negative

Market Momentum

MACD-0.00Positive

RSI47.44Neutral

STOCH59.44Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:KSC, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.24, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 47.44 is Neutral, neither overbought nor oversold. The STOCH value of 59.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:KSC.

KPS AG Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

DE:KSC against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:SHF	80Outperform	EUR 705.49M	15.90	26.73%	―	15.28%	111.02%
DE:OBS	67Neutral	EUR 44.32M	11.70	10.52%	2.14%	0.88%	9.19%
DE:A1OS	63Neutral	EUR 403.54M	-40.30	-8.99%	1.48%	-1.94%	-161.38%
DE:AEIN	60Neutral	EUR 160.32M	8.91	13.38%	7.19%	-9.97%	280.10%
DE:ADN1	59Neutral	EUR 474.60M	25.60	9.65%	1.07%	12.73%	51.34%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
DE:KSC	49Neutral	EUR 9.47M	-0.43	-79.36%	―	-16.79%	-18.96%

* General Sector Average

Performance Comparison

DE:KSC and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:KSC	KPS AG	0.23	-0.24	-51.06%
DE:ADN1	adesso AG	72.70	-17.52	-19.42%
DE:A1OS	All For One Group Se	81.00	41.77	106.49%
DE:AEIN	Allgeier SE	13.90	-3.21	-18.76%
DE:SHF	SNP Schneider Neureither & Partner AG (Schneider Neureither & Partner AG)	97.00	22.60	30.38%
DE:OBS	ORBIS AG	4.68	-1.05	-18.37%

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.

Date of analysis: Aug 18, 2026

KPS AG AI Stock Analysis