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KION GROUP AG (KGX) Fair Value & Analysis

Industrials · DE · Market cap €5.7B

KG KION GROUP AG KGX · XETRA
Price€40.92
Fair Value€36.85
Upside-9.9%
Quality95/100
Evidence: High Range €27.64 – €46.06

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 6 days ago

Share price −11.6% over the past month.

Price vs Fair Value (12 months)

€73.10 €38.08 Fair Value €36.85 Jul 2025 Jun 2026

12‑month range €38.08 – €73.10 · fair‑value band €27.64 – €46.06 · the €40.92 price screens above the €36.85 fair value. As of Jun 24, 2026.

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Analysis

KION GROUP AG (KGX) currently trades at €40.92, while our model-based Fair Value estimate is €36.85 — implying the stock looks roughly 9.9% overvalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, KION GROUP AG generated revenue of €11.3B at a net margin of 3.3%. Revenue declined 0.6% year over year. It earns a return on equity of 6.1%. Net debt stands at €7.0B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €11.3B
Revenue growth (YoY) -0.6%
Net margin 3.3%
Return on equity 6.1%
Free cash flow €702M FY2025
P/E ratio 21.1
More key figures
Operating margin 6.4%
EPS (TTM) €2.08
Dividend yield 1.4%
EPS growth (YoY) -38.5%
Net debt €7.0B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

KION GROUP AG provides industrial trucks and supply chain solutions in Western and Eastern Europe, the Middle East, Africa, North America, Central and South America, China, and the rest of the Asia Pacific. It operates through Industrial Trucks & Services; and Supply Chain Solutions segments. The company offers forklift and heavy trucks, counterbalance trucks with electric drive and internal combustion engine, intralogistics systems, components and spare parts, narrow aisle trucks, lithium-ion batteries, and industrial and warehouse trucks under the Linde, STILL, Baoli, Fenwick, and OM brands. It also leases and rents industrial trucks and related equipment; and provides maintenance and repair services, fleet management solutions, driver assistance systems, and service options, as well as finance solutions. In addition, the company provides integrated technology and software solutions, automated guided vehicle systems, warehouse automation solutions, palletizers, storage and picking…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

KION GROUP AG reported revenue of €11.3B in FY2025 versus €10.3B in FY2021, a compound +2.4%/yr. Reported net income was €230M in FY2025, compounding −20.2%/yr from FY2021.

Revenue +2.4%/yr
FY21 €10.3B
FY22 €11.1B
FY23 €11.4B
FY24 €11.5B
FY25 €11.3B
Net income −20.2%/yr
FY21 €568M
FY22 €98.0M
FY23 €306M
FY24 €360M
FY25 €230M

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6 more Farm & Heavy Construction Machinery stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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Caterpillar Inc CAT $940.48 $293.49 -69%
Deere & Company DE $560.05 $122.41 -78%
Sany Heavy Industry Co SNHIY $11.25 $2.82 -75%
AB Volvo (publ), VLVLY $32.40 $41.24 +27%
PACCAR Inc PCAR $116.68 $71.72 -39%
Toyota Industries Corporation TYIDF $128.00 $89.56 -30%

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Frequently asked questions

Is KION GROUP AG (KGX) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €36.85 versus a price of €40.92 — about −10% (overvalued). Model-based estimate, not financial advice.
What is the fair value of KGX?
Our 21-model fair value for KION GROUP AG is €36.85 (as of Jun 24, 2026), built from audited fundamentals. The current price is €40.92.
What is the quality score of KGX?
KION GROUP AG has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of KION GROUP AG (KGX)?
KION GROUP AG reported trailing-twelve-month revenue of about €11.3B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of KGX?
The net profit margin of KION GROUP AG is about 3.3%, meaning it keeps roughly 3.3% of revenue as net income. Based on the latest reported figures.
Does KION GROUP AG pay a dividend?
KION GROUP AG currently shows a dividend yield of about 1.41% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.