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KBCA (KBC Ancora) Stock Analysis
Buy, Hold or Sell?

Let's analyze KBC Ancora together

I guess you are interested in KBC Ancora. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – KBC Ancora’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – KBC Ancora’s Price Targets

I'm going to help you getting a better view of KBC Ancora. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of KBC Ancora (30 sec.)










1.2. What can you expect buying and holding a share of KBC Ancora? (30 sec.)

How much money do you get?

How much money do you get?
€19.21
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
€45.23
Expected worth in 1 year
€48.00
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
€19.13
Return On Investment
31.7%

For what price can you sell your share?

Current Price per Share
€60.30
Expected price per share
€54.37 - €61.60
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of KBC Ancora (5 min.)




Live pricePrice per Share (EOD)
€60.30
Intrinsic Value Per Share
€34.38 - €124.66
Total Value Per Share
€79.62 - €169.89

2.2. Growth of KBC Ancora (5 min.)




Is KBC Ancora growing?

Current yearPrevious yearGrowGrow %
How rich?$4b$4b$62.5m1.5%

How much money is KBC Ancora making?

Current yearPrevious yearGrowGrow %
Making money$432.4m$350.9m$81.5m18.8%
Net Profit Margin97.4%1,645,393.5%--

How much money comes from the company's main activities?

2.3. Financial Health of KBC Ancora (5 min.)




2.4. Comparing to competitors in the Asset Management industry (5 min.)




  Industry Rankings (Asset Management)  


Richest
#65 / 681

Most Revenue
#83 / 681

Most Profit
#37 / 681

Most Efficient
#161 / 681
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of KBC Ancora?

Welcome investor! KBC Ancora's management wants to use your money to grow the business. In return you get a share of KBC Ancora.

First you should know what it really means to hold a share of KBC Ancora. And how you can make/lose money.

Speculation

The Price per Share of KBC Ancora is €60.30. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of KBC Ancora.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in KBC Ancora, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €45.23. Based on the TTM, the Book Value Change Per Share is €0.69 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €4.09 per quarter.
Based on historical numbers we can estimate the returns while holding a share of KBC Ancora.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 β‚¬% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share
Usd Eps5.619.3%5.619.3%4.567.6%7.4812.4%6.2910.4%5.318.8%
Usd Book Value Change Per Share0.811.3%0.811.3%-0.030.0%0.831.4%10.6117.6%2.253.7%
Usd Dividend Per Share4.808.0%4.808.0%3.896.4%6.3910.6%3.936.5%2.644.4%
Usd Total Gains Per Share5.629.3%5.629.3%3.866.4%7.2312.0%14.5524.1%4.898.1%
Usd Price Per Share51.07-51.07-49.17-47.12-43.83-44.64-
Price to Earnings Ratio9.10-9.10-10.79-7.75-13.36-1.26-
Price-to-Total Gains Ratio9.10-9.10-12.74-8.40-6.25--10,356.36-
Price to Book Ratio0.96-0.96-0.94-0.90-0.87-608.42-
Price-to-Total Gains Ratio9.10-9.10-12.74-8.40-6.25--10,356.36-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share70.79823
Number of shares14
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share4.803.93
Usd Book Value Change Per Share0.8110.61
Usd Total Gains Per Share5.6214.55
Gains per Quarter (14 shares)78.61203.64
Gains per Year (14 shares)314.45814.57
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
126946304220594805
25389161844011891620
380713793266117832435
41076182124688123773250
513452281560110129724065
616142731874132135664880
718833192188154141615695
821513642502176247556510
924204102816198253497325
1026894553130220259448140

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%17.02.00.089.5%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%11.08.00.057.9%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.00.01.090.0%12.00.07.063.2%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%14.05.00.073.7%
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3.2. Key Performance Indicators

The key performance indicators of KBC Ancora compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.6920.6920%-0.022+103%0.709-2%9.040-92%1.919-64%
Book Value Per Share--45.23545.2350%44.542+2%44.780+1%42.776+6%21.404+111%
Current Ratio--0.0000.0000%0.733-100%28.513-100%25.126-100%13.324-100%
Debt To Asset Ratio--0.0320.0320%0.048-33%0.049-34%0.070-54%0.102-68%
Debt To Equity Ratio--0.0330.0330%0.051-34%0.052-35%0.076-56%0.116-71%
Dividend Per Share--4.0904.0900%3.310+24%5.446-25%3.349+22%2.248+82%
Enterprise Value--3233618482.0003233618482.0000%3055545287.000+6%2939369829.333+10%2671630993.800+21%2831398997.863+14%
Eps--4.7824.7820%3.881+23%6.371-25%5.356-11%4.523+6%
Ev To Ebitda Ratio--8.6218.6210%-1010.114+11817%-595.144+7003%-757.205+8883%451501.630-100%
Ev To Sales Ratio--8.5488.5480%168219.846-100%77737.708-100%64936.734-100%2321165.097-100%
Free Cash Flow Per Share--4.9234.9230%3.828+29%6.398-23%4.044+22%2.023+143%
Free Cash Flow To Equity Per Share---0.003-0.0030%-0.983+37750%-0.278+10617%-0.040+1450%-0.020+675%
Gross Profit Margin--1.0001.0000%0.990+1%0.995+0%0.989+1%8.611-88%
Intrinsic Value_10Y_max--124.656----------
Intrinsic Value_10Y_min--34.381----------
Intrinsic Value_1Y_max--7.729----------
Intrinsic Value_1Y_min--2.406----------
Intrinsic Value_3Y_max--26.852----------
Intrinsic Value_3Y_min--8.172----------
Intrinsic Value_5Y_max--50.350----------
Intrinsic Value_5Y_min--14.927----------
Market Cap4643811540.000+28%3350013300.0003350013300.0000%3225254184.000+4%3090740240.000+8%2875004517.600+17%2933133437.820+14%
Net Profit Margin--0.9740.9740%16453.935-100%12378.693-100%9645.471-100%4801.858-100%
Operating Margin--0.9830.9830%-333.071+33979%-165.959+16981%-136.320+13966%-1966.675+200146%
Operating Ratio--0.0160.0160%167.535-100%83.816-100%70.944-100%40.918-100%
Pb Ratio1.333+28%0.9620.9620%0.940+2%0.896+7%0.871+10%608.423-100%
Pe Ratio12.609+28%9.0969.0960%10.792-16%7.746+17%13.359-32%1.259+622%
Price Per Share60.300+28%43.50043.5000%41.880+4%40.133+8%37.332+17%38.021+14%
Price To Free Cash Flow Ratio12.250+28%8.8378.8370%10.940-19%7.710+15%43.072-79%-4103.980+46542%
Price To Total Gains Ratio12.608+28%9.0969.0960%12.738-29%8.401+8%6.252+45%-10356.356+113961%
Quick Ratio--0.0000.0000%108.473-100%26779.955-100%-375343.228+90806759082%-187600.046+45386065168%
Return On Assets--0.1020.1020%0.083+23%0.135-24%0.114-10%8.309-99%
Return On Equity--0.1060.1060%0.087+21%0.142-26%0.122-13%9.349-99%
Total Gains Per Share--4.7834.7830%3.288+45%6.155-22%12.389-61%4.168+15%
Usd Book Value--4090083876.0934090083876.0930%4027490393.089+2%4049021756.264+1%3867801923.975+6%1935346306.444+111%
Usd Book Value Change Per Share--0.8130.8130%-0.026+103%0.833-2%10.614-92%2.254-64%
Usd Book Value Per Share--53.11053.1100%52.297+2%52.577+1%50.223+6%25.130+111%
Usd Dividend Per Share--4.8024.8020%3.886+24%6.394-25%3.932+22%2.640+82%
Usd Enterprise Value--3796591459.7163796591459.7160%3587515721.467+6%3451114116.620+10%3136761949.821+21%3324345563.391+14%
Usd Eps--5.6155.6150%4.556+23%7.481-25%6.289-11%5.310+6%
Usd Free Cash Flow--445101310.000445101310.0000%346124680.000+29%578479070.000-23%365614740.000+22%182898703.239+143%
Usd Free Cash Flow Per Share--5.7805.7800%4.494+29%7.512-23%4.748+22%2.375+143%
Usd Free Cash Flow To Equity Per Share---0.003-0.0030%-1.154+37750%-0.327+10617%-0.047+1450%-0.024+675%
Usd Market Cap5452299129.114+28%3933250615.5303933250615.5300%3786770937.434+4%3628838115.784+8%3375542804.114+17%3443791969.344+14%
Usd Price Per Share70.798+28%51.07351.0730%49.171+4%47.121+8%43.832+17%44.640+14%
Usd Profit--432409671.757432409671.7570%350902425.170+23%576087044.761-25%484320625.166-11%272089794.347+59%
Usd Revenue--444133494.674444133494.6740%21326.352+2082457%148066837.434+200%88863410.694+400%74665784.877+495%
Usd Total Gains Per Share--5.6155.6150%3.860+45%7.227-22%14.546-61%4.893+15%
 EOD+4 -4MRQTTM+0 -0YOY+33 -73Y+18 -225Y+26 -1410Y+28 -12

3.3 Fundamental Score

Let's check the fundamental score of KBC Ancora based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1512.609
Price to Book Ratio (EOD)Between0-11.333
Net Profit Margin (MRQ)Greater than00.974
Operating Margin (MRQ)Greater than00.983
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.032
Debt to Equity Ratio (MRQ)Less than10.033
Return on Equity (MRQ)Greater than0.150.106
Return on Assets (MRQ)Greater than0.050.102
Total6/10 (60.0%)

3.4 Technical Score

Let's check the technical score of KBC Ancora based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.901
Ma 20Greater thanMa 5058.150
Ma 50Greater thanMa 10058.408
Ma 100Greater thanMa 20055.686
OpenGreater thanClose61.000
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About KBC Ancora

KBC Ancora SA holds participating interest in KBC Group SA. The company was formerly known as Almancora SCA and changed its name to KBC Ancora SA in June 2007. KBC Ancora SA was incorporated in 1998 and is based in Leuven, Belgium. KBC Ancora SA is a subsidiary of Cera S.C.R.L.

Fundamental data was last updated by Penke on 2025-06-17 18:42:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ KBC Ancora earns for each €1 of revenue.

  • Above 10% is considered healthy but always compareΒ KBC Ancora to theΒ Asset Management industry mean.
  • A Net Profit Margin of 97.4%Β means thatΒ €0.97 for each €1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of KBC Ancora:

  • The MRQ is 97.4%. The company is making a huge profit. +2
  • The TTM is 97.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ97.4%TTM97.4%0.0%
TTM97.4%YOY1,645,393.5%-1,645,296.2%
TTM97.4%5Y964,547.1%-964,449.8%
5Y964,547.1%10Y480,185.8%+484,361.3%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ97.4%55.7%+41.7%
TTM97.4%57.2%+40.2%
YOY1,645,393.5%56.1%+1,645,337.4%
3Y1,237,869.3%61.1%+1,237,808.2%
5Y964,547.1%64.3%+964,482.8%
10Y480,185.8%60.5%+480,125.3%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ KBC Ancora is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ KBC Ancora to theΒ Asset Management industry mean.
  • 10.2% Return on Assets means thatΒ KBC Ancora generatedΒ €0.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of KBC Ancora:

  • The MRQ is 10.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.2%TTM10.2%0.0%
TTM10.2%YOY8.3%+1.9%
TTM10.2%5Y11.4%-1.1%
5Y11.4%10Y830.9%-819.5%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ10.2%2.0%+8.2%
TTM10.2%2.0%+8.2%
YOY8.3%1.5%+6.8%
3Y13.5%0.9%+12.6%
5Y11.4%2.0%+9.4%
10Y830.9%2.2%+828.7%
4.3.1.3. Return on Equity

Shows how efficient KBC Ancora is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ KBC Ancora to theΒ Asset Management industry mean.
  • 10.6% Return on Equity means KBC Ancora generated €0.11Β for eachΒ €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of KBC Ancora:

  • The MRQ is 10.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.6%TTM10.6%0.0%
TTM10.6%YOY8.7%+1.9%
TTM10.6%5Y12.2%-1.6%
5Y12.2%10Y934.9%-922.8%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ10.6%3.5%+7.1%
TTM10.6%3.6%+7.0%
YOY8.7%3.0%+5.7%
3Y14.2%1.9%+12.3%
5Y12.2%3.2%+9.0%
10Y934.9%3.4%+931.5%
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4.3.2. Operating Efficiency of KBC Ancora.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient KBC Ancora is operatingΒ .

  • Measures how much profit KBC Ancora makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ KBC Ancora to theΒ Asset Management industry mean.
  • An Operating Margin of 98.3%Β means the company generated €0.98 Β for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of KBC Ancora:

  • The MRQ is 98.3%. The company is operating very efficient. +2
  • The TTM is 98.3%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ98.3%TTM98.3%0.0%
TTM98.3%YOY-33,307.1%+33,405.4%
TTM98.3%5Y-13,632.0%+13,730.3%
5Y-13,632.0%10Y-196,667.5%+183,035.5%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ98.3%62.4%+35.9%
TTM98.3%44.3%+54.0%
YOY-33,307.1%74.5%-33,381.6%
3Y-16,595.9%54.3%-16,650.2%
5Y-13,632.0%63.1%-13,695.1%
10Y-196,667.5%57.3%-196,724.8%
4.3.2.2. Operating Ratio

Measures how efficient KBC Ancora is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Asset Management industry mean).
  • An Operation Ratio of 0.02 means that the operating costs are €0.02 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of KBC Ancora:

  • The MRQ is 0.016. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.016. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.016TTM0.0160.000
TTM0.016YOY167.535-167.519
TTM0.0165Y70.944-70.927
5Y70.94410Y40.918+30.026
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0160.518-0.502
TTM0.0160.504-0.488
YOY167.5350.556+166.979
3Y83.8160.514+83.302
5Y70.9440.479+70.465
10Y40.9180.555+40.363
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4.4.3. Liquidity of KBC Ancora.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if KBC Ancora is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Asset Management industry mean).
  • A Current Ratio of 0.00Β means the company has €0.00 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of KBC Ancora:

  • The MRQ is 0.000. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.000. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.000TTM0.0000.000
TTM0.000YOY0.733-0.733
TTM0.0005Y25.126-25.126
5Y25.12610Y13.324+11.802
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0002.876-2.876
TTM0.0002.766-2.766
YOY0.7333.282-2.549
3Y28.5133.856+24.657
5Y25.1264.959+20.167
10Y13.3247.308+6.016
4.4.3.2. Quick Ratio

Measures if KBC Ancora is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ KBC Ancora to theΒ Asset Management industry mean.
  • A Quick Ratio of 0.00Β means the company can pay off €0.00 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of KBC Ancora:

  • The MRQ is 0.000. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.000. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.000TTM0.0000.000
TTM0.000YOY108.473-108.473
TTM0.0005Y-375,343.228+375,343.229
5Y-375,343.22810Y-187,600.046-187,743.182
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0002.124-2.124
TTM0.0002.293-2.293
YOY108.4733.357+105.116
3Y26,779.9554.725+26,775.230
5Y-375,343.2285.974-375,349.202
10Y-187,600.0468.734-187,608.780
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4.5.4. Solvency of KBC Ancora.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of KBC AncoraΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ KBC Ancora to Asset Management industry mean.
  • A Debt to Asset Ratio of 0.03Β means that KBC Ancora assets areΒ financed with 3.2% credit (debt) and the remaining percentage (100% - 3.2%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of KBC Ancora:

  • The MRQ is 0.032. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.032. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.032TTM0.0320.000
TTM0.032YOY0.048-0.016
TTM0.0325Y0.070-0.038
5Y0.07010Y0.102-0.032
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0320.184-0.152
TTM0.0320.186-0.154
YOY0.0480.183-0.135
3Y0.0490.181-0.132
5Y0.0700.190-0.120
10Y0.1020.184-0.082
4.5.4.2. Debt to Equity Ratio

Measures ifΒ KBC Ancora is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ KBC Ancora to theΒ Asset Management industry mean.
  • A Debt to Equity ratio of 3.3% means that company has €0.03 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of KBC Ancora:

  • The MRQ is 0.033. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.033. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.033TTM0.0330.000
TTM0.033YOY0.051-0.017
TTM0.0335Y0.076-0.043
5Y0.07610Y0.116-0.040
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0330.236-0.203
TTM0.0330.232-0.199
YOY0.0510.229-0.178
3Y0.0520.230-0.178
5Y0.0760.259-0.183
10Y0.1160.251-0.135
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every €1 in earnings KBC Ancora generates.

  • Above 15 is considered overpriced butΒ always compareΒ KBC Ancora to theΒ Asset Management industry mean.
  • A PE ratio of 9.10 means the investor is paying €9.10Β for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of KBC Ancora:

  • The EOD is 12.609. Based on the earnings, the company is underpriced. +1
  • The MRQ is 9.096. Based on the earnings, the company is underpriced. +1
  • The TTM is 9.096. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD12.609MRQ9.096+3.513
MRQ9.096TTM9.0960.000
TTM9.096YOY10.792-1.695
TTM9.0965Y13.359-4.263
5Y13.35910Y1.259+12.100
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD12.6098.247+4.362
MRQ9.0967.899+1.197
TTM9.0967.470+1.626
YOY10.7928.129+2.663
3Y7.7465.094+2.652
5Y13.3595.603+7.756
10Y1.2597.318-6.059
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of KBC Ancora:

  • The EOD is 12.250. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.837. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 8.837. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD12.250MRQ8.837+3.413
MRQ8.837TTM8.8370.000
TTM8.837YOY10.940-2.104
TTM8.8375Y43.072-34.235
5Y43.07210Y-4,103.980+4,147.052
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD12.2505.551+6.699
MRQ8.8375.322+3.515
TTM8.8376.047+2.790
YOY10.9404.294+6.646
3Y7.7103.622+4.088
5Y43.0723.551+39.521
10Y-4,103.9802.642-4,106.622
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ KBC Ancora is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Asset Management industry mean).
  • A PB ratio of 0.96 means the investor is paying €0.96Β for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of KBC Ancora:

  • The EOD is 1.333. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.962. Based on the equity, the company is cheap. +2
  • The TTM is 0.962. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.333MRQ0.962+0.371
MRQ0.962TTM0.9620.000
TTM0.962YOY0.940+0.021
TTM0.9625Y0.871+0.091
5Y0.87110Y608.423-607.552
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD1.3330.954+0.379
MRQ0.9620.933+0.029
TTM0.9620.930+0.032
YOY0.9400.923+0.017
3Y0.8960.942-0.046
5Y0.8710.996-0.125
10Y608.4231.136+607.287
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-06-302021-06-302022-06-302023-06-302024-06-30
Other Current Liabilities  -161-100,007-100,168100,012-155-27-182769587
Other Assets  3,147,159513,5033,660,66211,5873,672,249-71,8193,600,431-3,600,4310
Long-term Assets Other  -3,085,164-511,214-3,596,3790-3,596,3790-3,596,3793,596,3790
Gross Profit  -2,198-134-2,332-493-2,825105-2,719377,948375,229
EBIT  -4,396-268-4,664-1,788-6,452402-6,050377,938371,888
EBITDA  -2,198-134-2,332-894-3,226201-3,025378,103375,078
Operating Income  -2,198-134-2,332-894-3,226201-3,025368,125365,100



6.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in EUR. All numbers in thousands.

Summary
Total Assets3,599,986
Total Liabilities116,396
Total Stockholder Equity3,483,591
 As reported
Total Liabilities 116,396
Total Stockholder Equity+ 3,483,591
Total Assets = 3,599,986

Assets

Total Assets3,599,986
Total Current Assets8
Long-term Assets3,599,979
Total Current Assets
Cash And Cash Equivalents 1
Short-term Investments -1
Net Receivables 7
Total Current Assets  (as reported)8
Total Current Assets  (calculated)7
+/- 1
Long-term Assets
Long Term Investments 3,599,979
Long-term Assets Other 0
Long-term Assets  (as reported)3,599,979
Long-term Assets  (calculated)3,599,979
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities16,396
Long-term Liabilities100,000
Total Stockholder Equity3,483,591
Total Current Liabilities
Short-term Debt 15,635
Accounts payable 173
Other Current Liabilities 587
Total Current Liabilities  (as reported)16,396
Total Current Liabilities  (calculated)16,396
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)100,000
Long-term Liabilities  (calculated)0
+/- 100,000
Total Stockholder Equity
Common Stock3,158,128
Retained Earnings 777
Other Stockholders Equity 324,686
Total Stockholder Equity (as reported)3,483,591
Total Stockholder Equity (calculated)3,483,591
+/-0
Other
Capital Stock3,158,128
Cash and Short Term Investments 1
Common Stock Shares Outstanding 77
Current Deferred Revenue345
Liabilities and Stockholders Equity 3,599,986
Net Debt 115,635
Net Invested Capital 3,599,226
Net Working Capital -16,388
Short Long Term Debt Total 115,635



6.3. Balance Sheets Structured

Currency in EUR. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-30
> Total Assets 
2,208,226
3,276,663
3,279,773
6,499,713
3,346,597
3,251,648
3,441,119
3,821,382
2,589,845
2,589,834
2,589,828
2,589,825
2,589,823
2,441,805
2,443
2,442
3,098
3,109
3,089
3,150,309
3,664,327
3,675,929
3,604,085
3,599,986
3,599,9863,604,0853,675,9293,664,3273,150,3093,0893,1093,0982,4422,4432,441,8052,589,8232,589,8252,589,8282,589,8342,589,8453,821,3823,441,1193,251,6483,346,5976,499,7133,279,7733,276,6632,208,226
   > Total Current Assets 
0
0
0
0
0
0
0
0
29
0
0
9
7
39
1
0
10
21
1
62
64
80
54
8
85480646212110013979002900000000
       Cash And Cash Equivalents 
57
947
45
63
112
27,101
890
3,122
21
15
8
5
3
3
1,363
0
10
21
1
62,047
64,337
75,939
197
1
119775,93964,33762,0471211001,363335815213,12289027,101112634594757
       Short-term Investments 
0
27,157
76,620
61,300
139,125
5,010
0
0
0
0
0
0
0
0
0
0
0
0
0
-3,085,164
-3,596,379
4
3,900
-1
-13,9004-3,596,379-3,085,16400000000000005,010139,12561,30076,62027,1570
       Net Receivables 
0
0
0
0
0
0
0
6
7
0
4
4
4
32
46
0
0
19
0
4
11
12
9
7
79121140190046324440760000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
4
4
4
6
6
-26
0
0
-62,051
0
4,336
50,000
0
050,0004,3360-62,05100-266644400000000000
   > Long-term Assets 
0
0
0
3,211,205
9,645,148
0
0
0
2,589,816
0
0
5,179,632
2,589,816
2,441,766
2,442
2,442
3,088
3,088
3,088
3,088
3,600
3,600
3,600
3,599,979
3,599,9793,6003,6003,6003,0883,0883,0883,0882,4422,4422,441,7662,589,8165,179,632002,589,8160009,645,1483,211,205000
       Property Plant Equipment 
0
0
0
0
0
3,219,532
0
3,818,254
0
2,589,816
2,589,816
2,589,816
0
0
0
0
0
0
0
0
0
0
0
0
0000000000002,589,8162,589,8162,589,81603,818,25403,219,53200000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
2,441,766
2,441,766
2,441,766
3,088,253
3,088,253
3,088,253
3,088,253
3,599,979
3,604,315
3,653,879
3,599,979
3,599,9793,653,8793,604,3153,599,9793,088,2533,088,2533,088,2533,088,2532,441,7662,441,7662,441,7660000000000000
       Long-term Assets Other 
0
0
0
-3,203,029
-3,206,461
-3,219,532
-3,436,084
-3,818,254
-2,589,816
-2,589,816
-2,589,816
-5,179,632
-2,589,816
-2,441,766
-2,442
-2,442
-3,088
-3,088
-3,088
-3,085,164
-3,596,379
-3,596,379
-3,596,379
0
0-3,596,379-3,596,379-3,596,379-3,085,164-3,088-3,088-3,088-2,442-2,442-2,441,766-2,589,816-5,179,632-2,589,816-2,589,816-2,589,816-3,818,254-3,436,084-3,219,532-3,206,461-3,203,029000
> Total Liabilities 
2,108
69,657
72,109
3,288,508
3,346,597
27,205
204,178
570,196
597,340
627,790
597,617
628,043
577,241
402,830
377
397
377
377
345
344,573
344,568
243,947
173,806
116,396
116,396173,806243,947344,568344,573345377377397377402,830577,241628,043597,617627,790597,340570,196204,17827,2053,346,5973,288,50872,10969,6572,108
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
90
0
0
198
134
158
2
22
2
177
2
2
102
1
74
16,396
16,396741102221772222158134198009000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
23,085
25,839
375,000
19,662
375,000
175,000
179
0
100,000
0
73,000
15,635
15,63573,0000100,0000179175,000375,00019,662375,00025,83923,085000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
400,839
375,000
19,662
375,000
175,000
179
0
0
0
0
0
00000179175,000375,00019,662375,000400,8390000000000000
       Accounts payable 
0
1,387
465
150
210
198
332
216
90
144
175
198
134
158
167
151
0
115
0
161
168
155
182
173
17318215516816101150151167158134198175144902163321982101504651,3870
       Other Current Liabilities 
0
0
0
0
0
0
0
-216
-90
0
-175
-198
-23,220
-25,997
-167
-19,813
2
-176,546
1
-161
-100,168
-155
-182
587
587-182-155-100,168-1611-176,5462-19,813-167-25,997-23,220-198-1750-90-2160000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
593,380
0
0
623,862
573,085
400,839
375
375
375
200
343
343
243
243
100
100,000
100,000100243243343343200375375375400,839573,085623,86200593,38000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
375,000
375,000
200,000
343,000
343,000
243,000
243,000
0
0
00243,000243,000343,000343,000200,000375,000375,000000000000000000
> Total Stockholder Equity
2,206,118
3,207,006
3,207,664
3,211,205
9,645,148
3,224,444
3,236,941
3,251,185
1,992,505
1,962,044
1,992,211
1,961,782
2,012,583
2,038,976
2,066
2,045
2,722
2,732
2,745
2,805,737
3,319,759
3,431,983
3,430,279
3,483,591
3,483,5913,430,2793,431,9833,319,7592,805,7372,7452,7322,7222,0452,0662,038,9762,012,5831,961,7821,992,2111,962,0441,992,5053,251,1853,236,9413,224,4449,645,1483,211,2053,207,6643,207,0062,206,118
   Common Stock
2,195,779
3,189,854
3,189,854
3,189,854
6,379,708
3,189,854
3,189,854
3,189,854
3,189,854
2,021,871
2,021,871
2,021,871
2,021,871
2,021,871
2,022
2,022
2,022
2,022
2,022
2,021,871
2,021,871
2,021,871
2,021,871
3,158,128
3,158,1282,021,8712,021,8712,021,8712,021,8712,0222,0222,0222,0222,0222,021,8712,021,8712,021,8712,021,8712,021,8713,189,8543,189,8543,189,8543,189,8546,379,7083,189,8543,189,8543,189,8542,195,779
   Retained Earnings 
6,824
7,033
4,079
1,795
931
724
655
876
-1,257,804
-59,827
-29,660
-60,089
-9,289
17
44
23
700
710
723
767
383
243
867
777
777867243383767723710700234417-9,289-60,089-29,660-59,827-1,257,8048766557249311,7954,0797,0336,824
   Capital Surplus 000000000000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
0
0
0
3,209,410
3,264,509
33,866
46,432
60,455
60,455
0
0
0
0
17,087
0
-43,496
-698,810
-709,563
-722,250
783,098
1,297,505
1,414,205
0
324,686
324,68601,414,2051,297,505783,098-722,250-709,563-698,810-43,496017,087000060,45560,45546,43233,8663,264,5093,209,410000



6.4. Balance Sheets

Currency in EUR. All numbers in thousands.




6.5. Cash Flows

Currency in EUR. All numbers in thousands.




6.6. Income Statements

Currency in EUR. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in EUR. All numbers in thousands.

Gross Profit (+$)
totalRevenue378,276
Cost of Revenue-3,047
Gross Profit375,229375,229
 
Operating Income (+$)
Gross Profit375,229
Operating Expense-3,190
Operating Income365,100372,038
 
Operating Expense (+$)
Research Development0
Selling General Administrative3,197
Selling And Marketing Expenses150
Operating Expense3,1903,348
 
Net Interest Income (+$)
Interest Income0
Interest Expense-6,788
Other Finance Cost-0
Net Interest Income-6,788
 
Pretax Income (+$)
Operating Income365,100
Net Interest Income-6,788
Other Non-Operating Income Expenses0
Income Before Tax (EBT)368,290361,910
EBIT - interestExpense = 365,100
0
375,078
Interest Expense6,788
Earnings Before Interest and Taxes (EBIT)371,888375,078
Earnings Before Interest and Taxes (EBITDA)375,078
 
After tax Income (+$)
Income Before Tax368,290
Tax Provision-0
Net Income From Continuing Ops368,290368,290
Net Income368,290
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,190
Total Other Income/Expenses Net3,1906,788
 

Technical Analysis of KBC Ancora
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of KBC Ancora. The general trend of KBC Ancora is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine KBC Ancora's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. KBC Ancora Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of KBC Ancora.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 61.60.

The bearish price targets are: 55.90 > 55.69 > 54.37.

Know someone who trades $KBCA? Share this with them.πŸ‘‡

KBC Ancora Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of KBC Ancora. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

KBC Ancora Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of KBC Ancora. The current macd is 0.57327892.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the KBC Ancora price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for KBC Ancora. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the KBC Ancora price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
KBC Ancora Daily Moving Average Convergence/Divergence (MACD) ChartKBC Ancora Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of KBC Ancora. The current adx is 24.38.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy KBC Ancora shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
KBC Ancora Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of KBC Ancora. The current sar is 57.70.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
KBC Ancora Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of KBC Ancora. The current rsi is 61.90. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
KBC Ancora Daily Relative Strength Index (RSI) ChartKBC Ancora Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of KBC Ancora. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the KBC Ancora price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
KBC Ancora Daily Stochastic Oscillator ChartKBC Ancora Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of KBC Ancora. The current cci is 135.30.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
KBC Ancora Daily Commodity Channel Index (CCI) ChartKBC Ancora Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of KBC Ancora. The current cmo is 30.03.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
KBC Ancora Daily Chande Momentum Oscillator (CMO) ChartKBC Ancora Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of KBC Ancora. The current willr is -16.32653061.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
KBC Ancora Daily Williams %R ChartKBC Ancora Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of KBC Ancora.

KBC Ancora Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of KBC Ancora. The current atr is 0.9885957.

KBC Ancora Daily Average True Range (ATR) ChartKBC Ancora Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of KBC Ancora. The current obv is 2,392,040.

KBC Ancora Daily On-Balance Volume (OBV) ChartKBC Ancora Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of KBC Ancora. The current mfi is 90.05.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
KBC Ancora Daily Money Flow Index (MFI) ChartKBC Ancora Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for KBC Ancora.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-18STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-04-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-04-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-12STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-13STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-15STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-05-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-21MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-06-03STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-06-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-06-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-12STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-24STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-07-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-07-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-07-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-07STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-07-08STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

KBC Ancora Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of KBC Ancora based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.901
Ma 20Greater thanMa 5058.150
Ma 50Greater thanMa 10058.408
Ma 100Greater thanMa 20055.686
OpenGreater thanClose61.000
Total4/5 (80.0%)
Penke
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