Kendrion NV (KENDR) AI Stock Analysis

• Market Cap: €218.74M
• Dividend Yield: 3.17%
• Average Volume (3M): 26.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: -22.99%
• EPS Growth: -120.86%
• Country: NL
• Employees: 1,318
• Sector: Industrials
• Sector Strength: 72
• Industry: Auto - Parts
• EPS (TTM): 0.28
• Shares Outstanding: 15,807,427
• 10 Day Avg. Volume: 26,294
• 30 Day Avg. Volume: 26,681
• PEG Ratio: 0.25
• Price to Book (P/B): 1.01
• Price to Sales (P/S): 0.53
• P/FCF Ratio: -31.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €13.00
• Price Target Upside: -6.61% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 55 Neutral
• Price Target: €13.00 ▼(-6.61% Downside)

Kendrion NV's overall stock score reflects significant financial challenges and valuation concerns, partially offset by strong technical momentum. The company's financial performance is the most significant factor, with declining revenue and profitability posing risks. Despite this, the stock's bullish technical indicators and dividend yield provide some positive aspects.

Kendrion NV Business Overview & Revenue Model

Company Description

Kendrion N.V. develops, manufactures, and markets electromagnetic systems and components for industrial and automotive applications in Germany, rest of Europe, the Americas, Asia, and internationally. The company operates in two segments, Industrial and Automotive. It offers switching, linear, locking, holding, door, oscillating, elevator brake, rotary, and custom solenoids; and industrial control systems to optimize automatic processes. The company also provides electromagnetic brakes for industrial safety, fire protection, elevators, appliances, wind turbines and aircrafts; and microvalves for water cleaning. In addition, it offers electromagnetic components and solutions, as well as control units for use in active suspension systems, thermal management systems, fuel systems, acoustic vehicle alerting systems, sensor cleaning systems, transmission systems, and mobile hydraulics; and electronic systems and components for use in buses and trucks, as well as in construction and agricultural vehicles. The company was formerly known as Schuttersveld N.V. and changed its name to Kendrion N.V. in 2001. Kendrion N.V. was founded in 1859 and is headquartered in Amsterdam, the Netherlands.

How the Company Makes Money

Kendrion generates revenue through the sale of its electromagnetic products and systems, catering to both the industrial and automotive markets. Key revenue streams include direct sales of components such as solenoids and electromagnetic actuators, as well as customized solutions for clients in sectors like manufacturing, transportation, and automotive. The company also benefits from long-term relationships and strategic partnerships with major automotive manufacturers, which provide a steady demand for its advanced technologies. Additionally, Kendrion invests in research and development to innovate and expand its product offerings, ensuring its competitiveness in emerging markets like electric mobility and automation, further contributing to its earnings.

Kendrion NV Financial Statement Overview

Summary

Kendrion NV is experiencing significant financial challenges with declining revenue and profitability. Despite a moderate balance sheet with manageable debt levels, the negative net income and free cash flow highlight potential operational and liquidity issues.

Income Statement

Kendrion NV's income statement reflects a challenging period with a recent decline in revenue and profitability. The gross profit margin for the latest year is approximately 50.38%, but the company posted a net loss, translating to a negative net profit margin of -1.49%. Revenue growth has been declining, showing a steep drop from 2023 to 2024. EBIT margin is nonexistent as EBIT was zero, while EBITDA margin is 11.90%, indicating some operational efficiency but not enough to overcome other financial hurdles.

Balance Sheet

The balance sheet shows a moderate financial position with a debt-to-equity ratio of 0.71, reflecting manageable leverage. However, the return on equity (ROE) is negative due to net losses, indicating challenges in generating returns for shareholders. The equity ratio stands at 43.45%, providing a decent buffer against liabilities, suggesting some level of financial stability.

Cash Flow

Kendrion NV's cash flow statement reveals a mixed picture. The operating cash flow to net income ratio is negative due to net losses, but the company has managed to generate positive operating cash flow. Free cash flow is negative, reflecting high capital expenditures relative to cash generated from operations, highlighting potential liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	306.20M	301.50M	309.00M	519.30M	464.00M	396.40M
Gross Profit	156.20M	151.90M	45.00M	248.80M	225.60M	190.70M
EBITDA	37.90M	35.90M	47.70M	-6.80M	50.40M	38.80M
Net Income	-1.10M	-4.50M	9.90M	-46.30M	14.40M	4.30M
Balance Sheet
Total Assets	340.90M	364.80M	462.30M	476.60M	490.80M	429.10M
Cash, Cash Equivalents and Short-Term Investments	7.70M	8.30M	20.60M	37.80M	18.60M	13.00M
Total Debt	105.00M	111.90M	165.60M	178.10M	149.20M	116.20M
Total Liabilities	185.90M	206.30M	290.30M	301.60M	267.80M	225.70M
Stockholders Equity	155.00M	158.50M	172.00M	175.00M	223.00M	203.40M
Cash Flow
Free Cash Flow	0.00	-5.10M	6.10M	200.00K	-2.20M	25.80M
Operating Cash Flow	0.00	18.50M	36.40M	37.90M	27.80M	41.80M
Investing Cash Flow	0.00	25.80M	-29.60M	-37.90M	-48.80M	-94.20M
Financing Cash Flow	0.00	-51.20M	-27.80M	22.10M	23.90M	56.70M

Kendrion NV Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 13.92
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:KENDR, the sentiment is Neutral. The current price of 13.92 is below the 20-day moving average (MA) of 13.99, above the 50-day MA of 13.17, and above the 200-day MA of 11.20, indicating a neutral trend. The MACD of 0.19 indicates Positive momentum. The RSI at 52.72 is Neutral, neither overbought nor oversold. The STOCH value of 50.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NL:KENDR.

Kendrion NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FUR	74 Outperform	€967.51M	6.84	9.91%	8.59%	-7.57%	-51.86%
HYDRA	74 Outperform	€233.97M	11.53	―	3.33%	-9.19%	-0.59%
BSGR	72 Outperform	€498.33M	8.59	12.67%	3.21%	7.51%	45.23%
BAMNB	68 Neutral	€2.00B	14.85	11.89%	3.34%	3.64%	-22.13%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AALB	60 Neutral	€2.99B	19.76	6.13%	4.12%	-4.31%	-50.34%
KENDR	55 Neutral	€218.74M	―	5.18%	3.17%	-22.99%	-120.86%