KONE Oyj Class B KNYJF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Kone Confirms Guidance Despite Costs of TK Elevator Acquisition
Finland's Kone to Buy German Rival TK Elevator For Around $24 Billion — Update
Finland's Kone Agrees to Buy German Rival TK Elevator in $34.4 Billion Deal
Finland's Kone Oyj in Talks to Buy TK Elevator, Bloomberg Says, Citing Unnamed Sources
Trading Information
- Previous Close Price
- $63.24
- Day Range
- $64.52–64.56
- 52-Week Range
- $52.70–72.00
- Bid/Ask
- $51.00 / $82.97
- Shares Outstanding
- 518.28M
- Market Cap
- $33.44B
- Volume/Avg
- 505 / 1,911
Key Statistics
- Price/Earnings (Normalized)
- 24.70
- Price/Sales
- 2.51
- Dividend Yield (Trailing)
- 3.19%
- Dividend Yield (Forward)
- 3.19%
- Dividend Payment Schedule
- Mar
- Total Yield
- 3.19%
Company Profile
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to closest competitors Otis, Schindler, and TK Elevator.
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Stock Style Box
- Large Core
- Total Number of Employees
- 60,000
- Website
- https://www.kone.com
Competitors
Valuation
Metric | KNYJF | OTIS | SCHN |
|---|---|---|---|
Price/Earnings (Normalized) | 24.70 | 19.42 | 30.45 |
Price/Book Value | 10.68 | — | 6.67 |
Price/Sales | 2.51 | 1.98 | 3.00 |
Price/Cash Flow | 22.47 | 17.16 | 21.44 |
Price/Earnings
KNYJF
OTIS
SCHN
Financial Strength
Metric | KNYJF | OTIS | SCHN |
|---|---|---|---|
Quick Ratio | 0.55 | 0.72 | 1.17 |
Current Ratio | 1.04 | 0.86 | 1.38 |
Interest Coverage | 25.52 | 10.70 | 138.20 |
Quick Ratio
KNYJF
OTIS
SCHN
Profitability
Metric | KNYJF | OTIS | SCHN |
|---|---|---|---|
Return on Assets (Normalized) | 11.07% | 14.16% | 9.37% |
Return on Equity (Normalized) | 40.10% | — | 22.97% |
Return on Invested Capital (Normalized) | 30.10% | 52.87% | 20.91% |
Return on Assets
KNYJF
OTIS
SCHN
Specialty Industrial Machinery Industry Comparables
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Siemens AG ADR SIEGY | LOCK|TCd$xNly | LOCK|%? | $233B | |||
| GE Vernova Inc GEV | LOCK|%!@%ZCby | LOCK|<gD$J | $214B | |||
| Eaton Corp PLC ETN | LOCK|yp@@v@ | LOCK|&M | $140B | |||
| Parker Hannifin Corp PH | LOCK|d?cP>$ | LOCK|m&Zgd | $123B | |||
| Emerson Electric Co EMR | LOCK|?w$XvH< | LOCK|ZG^ | $92B | |||
| Illinois Tool Works Inc ITW | LOCK|#&lqz&j^ | LOCK|DnM | $82B | |||
| Cummins Inc CMI | LOCK|b&r$&Yf | LOCK|sdC%% | $63B | |||
| AMETEK Inc AME | LOCK|b&f@@^T | LOCK|h% | $55B | |||
| Rockwell Automation Inc ROK | LOCK|h%XQdV# | LOCK|Vp | $45B | |||
| Fanuc Corp ADR FANUY | LOCK|N>%^yYm$ | LOCK|HH | $33B |
United States