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Krones AG (KRN) Fair Value & Analysis

Industrials · DE · Market cap €3.7B

KA Krones AG KRN · XETRA
Price€114.20
Fair Value€198.88
Upside+74.2%
Quality95/100
Evidence: High Range €138.20 – €248.60

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 6 days ago

Fair value updated Jun 24, 2026 — revised from €188.21 to €198.88 (+5.7%) since Jun 23, 2026. Share price −5.2% over the past month.

Price vs Fair Value (12 months)

€146.77 €110.74 Fair Value €198.88 Jul 2025 Jun 2026

12‑month range €110.74 – €146.77 · fair‑value band €138.20 – €248.60 · the €114.20 price screens below the €198.88 fair value. As of Jun 24, 2026.

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Analysis

Krones AG (KRN) currently trades at €114.20, while our model-based Fair Value estimate is €198.88 — implying the stock looks roughly 74.2% undervalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Krones AG generated revenue of €5.7B at a net margin of 5.1%. Revenue declined 2.5% year over year. It earns a return on equity of 13.9%. The balance sheet holds a net cash position of €401M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €5.7B
Revenue growth (YoY) -2.5%
Net margin 5.1%
Return on equity 13.9%
Free cash flow €329M FY2025
P/E ratio 12.9
More key figures
Operating margin 4.2%
EPS (TTM) €9.17
EPS growth (YoY) -9.6%
Net cash €401M FY2025

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

About the company

Krones AG, together with its subsidiaries, plans, develops, manufactures, and sells machines and lines for the fields of process, filling, and packaging technology in Germany, the rest of Europe, the Middle East, the Asia Pacific, China, the Americas, and internationally. It operates in three segments: Filling and Packaging Technology, Process Technology, and Intralogistics. The Filling and Packaging Technology segment offers machines and systems for producing PET bottles; recycling systems for converting used plastic bottles into food-grade recycled materials. The Process Technology segment supplies machines and lines for producing and processing beer, soft drinks, fruit juices, milk, dairy drinks, and alternative proteins; and provides water treatment solutions and components under the Evoguard and Ampco Pumps brands. The Intralogistics segment is involved in the planning and design of automated warehousing, and order-picking and material flow systems with automated guided vehicle…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Krones AG reported revenue of €5.7B in FY2025 versus €3.7B in FY2021, a compound +11.3%/yr. Reported net income was €299M in FY2025, compounding +20.6%/yr from FY2021.

Revenue +11.3%/yr
FY21 €3.7B
FY22 €4.3B
FY23 €4.7B
FY24 €5.3B
FY25 €5.7B
Net income +20.6%/yr
FY21 €141M
FY22 €187M
FY23 €225M
FY24 €277M
FY25 €299M

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Similar stocks

6 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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GE Vernova Inc GEV $1,128 $185.61 -84%
SIEGY SIEGY $155.10 $88.93 -43%
SMAWF SMAWF $307.12 $176.28 -43%
SMNS SMNS C$31.76 C$22.91 -28%
SIE SIE €279.00 €140.38 -50%
Schneider Electric S.E. SBGSF $334.00 $148.44 -56%

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Frequently asked questions

Is Krones AG (KRN) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €198.88 versus a price of €114.20 — about +74% (undervalued). Model-based estimate, not financial advice.
What is the fair value of KRN?
Our 21-model fair value for Krones AG is €198.88 (as of Jun 24, 2026), built from audited fundamentals. The current price is €114.20.
What is the quality score of KRN?
Krones AG has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Krones AG (KRN)?
Krones AG reported trailing-twelve-month revenue of about €5.7B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of KRN?
The net profit margin of Krones AG is about 5.1%, meaning it keeps roughly 5.1% of revenue as net income. Based on the latest reported figures.

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.