25 XP 0   0   10  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

KONE Oyj
Buy, Hold or Sell?

Let's analyze Kone together

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

I'm going to help you getting a better view of KONE Oyj. 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.

Get notifications about KONE Oyj

I send you an email if I find something interesting about KONE Oyj.

1. Quick Overview

1.1. Quick analysis of Kone (30 sec.)










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

How much money do you get?

How much money do you get?
€1.81
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
€5.06
Expected worth in 1 year
€5.21
How sure are you?
97.5%

+ What do you gain per year?

Total Gains per Share
€1.89
Return On Investment
3.8%

For what price can you sell your share?

Current Price per Share
€49.43
Expected price per share
€44.83 - €54.78
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of Kone (5 min.)




Live pricePrice per Share (EOD)
€49.43
Intrinsic Value Per Share
€-16.04 - €7.93
Total Value Per Share
€-10.97 - €12.99

2.2. Growth of Kone (5 min.)




Is Kone growing?

Current yearPrevious yearGrowGrow %
How rich?$2.7b$2.5b$33.7m1.3%

How much money is Kone making?

Current yearPrevious yearGrowGrow %
Making money$255.4m$240.7m$14.7m5.8%
Net Profit Margin9.0%8.3%--

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

2.3. Financial Health of Kone (5 min.)




2.4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#56 / 725

Most Revenue
#47 / 725

Most Profit
#36 / 725

Most Efficient
#230 / 725
3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

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

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

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

Speculation

The Price per Share of Kone is €49.43. 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 Kone.
  • 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 Kone, 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 €5.06. Based on the TTM, the Book Value Change Per Share is €0.04 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.12 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 €0.44 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Kone.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.501.0%0.491.0%0.460.9%0.470.9%0.471.0%
Usd Book Value Change Per Share0.501.0%0.040.1%-0.13-0.3%-0.03-0.1%0.040.1%
Usd Dividend Per Share0.000.0%0.450.9%1.002.0%1.092.2%1.032.1%
Usd Total Gains Per Share0.501.0%0.491.0%0.871.8%1.052.1%1.072.2%
Usd Price Per Share55.89-48.97-47.89-56.19-50.37-
Price to Earnings Ratio27.97-25.02-26.48-31.45-27.93-
Price-to-Total Gains Ratio110.98-140.04--126.90-434.91-261.17-
Price to Book Ratio10.60-9.95-10.00-10.69-9.90-
Price-to-Total Gains Ratio110.98-140.04--126.90-434.91-261.17-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share51.446744
Number of shares19
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.451.09
Usd Book Value Change Per Share0.04-0.03
Usd Total Gains Per Share0.491.05
Gains per Quarter (19 shares)9.3419.98
Gains per Year (19 shares)37.3579.90
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13432783-370
269664165-5150
31039101248-8230
413812138330-11310
517215175413-13390
620718212495-16470
724120249578-18550
827523286660-21630
931026323743-24710
1034429360825-26790

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 Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%83.00.01.098.8%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%15.05.00.075.0%30.010.00.075.0%60.023.01.071.4%
Dividend per Share2.00.02.050.0%10.00.02.083.3%17.00.03.085.0%36.00.04.090.0%78.00.06.092.9%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%39.01.00.097.5%80.04.00.095.2%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

The key performance indicators of KONE Oyj compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.4840.037+1208%-0.123+125%-0.033+107%0.037+1212%
Book Value Per Share--5.0644.764+6%4.686+8%5.0810%4.922+3%
Current Ratio--1.0631.051+1%1.083-2%1.124-5%1.137-7%
Debt To Asset Ratio--0.6980.712-2%0.719-3%0.6990%0.686+2%
Debt To Equity Ratio--2.3442.534-8%2.628-11%2.389-2%2.252+4%
Dividend Per Share---0.435-100%0.958-100%1.044-100%0.993-100%
Enterprise Value--22864050017.90019408443316.933+18%18445343151.613+24%22905986840.2740%20392715211.430+12%
Eps--0.4800.475+1%0.446+8%0.448+7%0.453+6%
Ev To Ebitda Ratio--14.15912.262+15%12.404+14%15.500-9%14.641-3%
Ev To Sales Ratio--2.0761.774+17%1.671+24%2.177-5%2.092-1%
Free Cash Flow Per Share--0.0000.372-100%0.288-100%0.495-100%0.503-100%
Free Cash Flow To Equity Per Share---0.238-0.055-77%0.011-2363%-0.001-100%0.023-1137%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--7.930--------
Intrinsic Value_10Y_min---16.039--------
Intrinsic Value_1Y_max--1.838--------
Intrinsic Value_1Y_min--0.973--------
Intrinsic Value_3Y_max--4.727--------
Intrinsic Value_3Y_min--0.705--------
Intrinsic Value_5Y_max--6.657--------
Intrinsic Value_5Y_min---1.990--------
Market Cap21814398565.440-27%27610750017.90024334738316.933+13%23889018151.613+16%28018075840.274-1%25024342211.430+10%
Net Profit Margin--0.0900.090+0%0.083+7%0.087+3%0.096-6%
Operating Margin--0.1200.119+1%0.112+7%0.117+3%0.125-4%
Operating Ratio--0.8840.883+0%0.891-1%0.8870%0.8840%
Pb Ratio9.761-9%10.6049.949+7%10.001+6%10.690-1%9.901+7%
Pe Ratio25.745-9%27.96925.025+12%26.481+6%31.451-11%27.930+0%
Price Per Share49.430-9%53.70047.053+14%46.013+17%53.987-1%48.400+11%
Price To Free Cash Flow Ratio-63538.146+8%-69026.875-17238.389-75%2.523-2735630%-3427.246-95%-1702.092-98%
Price To Total Gains Ratio102.156-9%110.981140.035-21%-126.898+214%434.908-74%261.168-58%
Quick Ratio--0.9110.871+5%0.851+7%0.944-3%0.9150%
Return On Assets--0.0290.0290%0.027+7%0.027+8%0.029-1%
Return On Equity--0.0960.101-5%0.096+0%0.089+8%0.094+3%
Total Gains Per Share--0.4840.472+2%0.835-42%1.010-52%1.030-53%
Usd Book Value--2709930960.0002564146104.000+6%2530445000.000+7%2743419740.800-1%2646819970.400+2%
Usd Book Value Change Per Share--0.5040.039+1208%-0.128+125%-0.035+107%0.038+1212%
Usd Book Value Per Share--5.2714.958+6%4.877+8%5.2890%5.123+3%
Usd Dividend Per Share---0.453-100%0.997-100%1.086-100%1.034-100%
Usd Enterprise Value--23796903258.63020200307804.263+18%19197913152.198+24%23840551103.3570%21224737992.056+12%
Usd Eps--0.5000.494+1%0.464+8%0.466+7%0.472+6%
Usd Free Cash Flow---104080.000200848380.000-100%156458260.000-100%267907124.000-100%270529940.000-100%
Usd Free Cash Flow Per Share--0.0000.387-100%0.300-100%0.516-100%0.523-100%
Usd Free Cash Flow To Equity Per Share---0.248-0.057-77%0.011-2363%-0.001-100%0.024-1137%
Usd Market Cap22704426026.910-27%28737268618.63025327595640.263+13%24863690092.198+16%29161213334.557-1%26045335373.656+10%
Usd Price Per Share51.447-9%55.89148.972+14%47.890+17%56.190-1%50.374+11%
Usd Profit--256869440.000255464360.000+1%240711020.000+7%241590496.000+6%243638270.000+5%
Usd Revenue--2865946880.0002844688540.000+1%2876224780.0000%2764312760.000+4%2550657336.000+12%
Usd Total Gains Per Share--0.5040.492+2%0.869-42%1.051-52%1.072-53%
 EOD+3 -5MRQTTM+25 -14YOY+25 -145Y+17 -2210Y+17 -22

3.3 Fundamental Score

Let's check the fundamental score of KONE Oyj based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1525.745
Price to Book Ratio (EOD)Between0-19.761
Net Profit Margin (MRQ)Greater than00.090
Operating Margin (MRQ)Greater than00.120
Quick Ratio (MRQ)Greater than10.911
Current Ratio (MRQ)Greater than11.063
Debt to Asset Ratio (MRQ)Less than10.698
Debt to Equity Ratio (MRQ)Less than12.344
Return on Equity (MRQ)Greater than0.150.096
Return on Assets (MRQ)Greater than0.050.029
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of KONE Oyj based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.862
Ma 20Greater thanMa 5047.700
Ma 50Greater thanMa 10048.066
Ma 100Greater thanMa 20049.544
OpenGreater thanClose49.040
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About KONE Oyj

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, and automatic building doors. It offers maintenance services; and modernization solutions. In addition, the company offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators. Further, it provides people flow planning and consulting services; solutions for special buildings and large projects; cybersecurity solutions; and energy solutions for greener buildings. KONE Oyj was founded in 1908 and is based in Espoo, Finland.

Fundamental data was last updated by Penke on 2025-01-27 20:21:06.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less 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 less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able 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 able to pay all its debts by selling its assets.
The company is unable 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 overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.
3rd party ad coffee SUPPORTERis ad-free.

4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Kone earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Kone to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 9.0% means that €0.09 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of KONE Oyj:

  • The MRQ is 9.0%. The company is making a profit. +1
  • The TTM is 9.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.0%TTM9.0%+0.0%
TTM9.0%YOY8.3%+0.6%
TTM9.0%5Y8.7%+0.3%
5Y8.7%10Y9.6%-0.9%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ9.0%5.2%+3.8%
TTM9.0%5.2%+3.8%
YOY8.3%5.3%+3.0%
5Y8.7%4.7%+4.0%
10Y9.6%4.8%+4.8%
4.3.1.2. Return on Assets

Shows how efficient Kone is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Kone to the Specialty Industrial Machinery industry mean.
  • 2.9% Return on Assets means that Kone generated €0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of KONE Oyj:

  • The MRQ is 2.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.9%TTM2.9%0.0%
TTM2.9%YOY2.7%+0.2%
TTM2.9%5Y2.7%+0.2%
5Y2.7%10Y2.9%-0.3%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9%1.2%+1.7%
TTM2.9%1.2%+1.7%
YOY2.7%1.3%+1.4%
5Y2.7%1.2%+1.5%
10Y2.9%1.3%+1.6%
4.3.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Kone to the Specialty Industrial Machinery industry mean.
  • 9.6% Return on Equity means Kone generated €0.10 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of KONE Oyj:

  • The MRQ is 9.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.6%TTM10.1%-0.5%
TTM10.1%YOY9.6%+0.5%
TTM10.1%5Y8.9%+1.2%
5Y8.9%10Y9.4%-0.5%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ9.6%2.7%+6.9%
TTM10.1%2.6%+7.5%
YOY9.6%2.6%+7.0%
5Y8.9%2.4%+6.5%
10Y9.4%2.7%+6.7%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of KONE Oyj.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Kone is operating .

  • Measures how much profit Kone makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Kone to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 12.0% means the company generated €0.12  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of KONE Oyj:

  • The MRQ is 12.0%. The company is operating less efficient.
  • The TTM is 11.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ12.0%TTM11.9%+0.1%
TTM11.9%YOY11.2%+0.7%
TTM11.9%5Y11.7%+0.2%
5Y11.7%10Y12.5%-0.9%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ12.0%9.2%+2.8%
TTM11.9%8.1%+3.8%
YOY11.2%6.2%+5.0%
5Y11.7%5.6%+6.1%
10Y12.5%5.7%+6.8%
4.3.2.2. Operating Ratio

Measures how efficient Kone is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 0.88 means that the operating costs are €0.88 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of KONE Oyj:

  • The MRQ is 0.884. The company is less efficient in keeping operating costs low.
  • The TTM is 0.883. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.884TTM0.883+0.001
TTM0.883YOY0.891-0.008
TTM0.8835Y0.887-0.004
5Y0.88710Y0.884+0.003
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8841.467-0.583
TTM0.8831.378-0.495
YOY0.8911.327-0.436
5Y0.8871.369-0.482
10Y0.8841.231-0.347
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of KONE Oyj.

4.4.3. Liquidity
4.4.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 1.06 means the company has €1.06 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of KONE Oyj:

  • The MRQ is 1.063. The company is just able to pay all its short-term debts.
  • The TTM is 1.051. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.063TTM1.051+0.012
TTM1.051YOY1.083-0.032
TTM1.0515Y1.124-0.073
5Y1.12410Y1.137-0.013
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0631.708-0.645
TTM1.0511.701-0.650
YOY1.0831.677-0.594
5Y1.1241.720-0.596
10Y1.1371.685-0.548
4.4.3.2. Quick Ratio

Measures if Kone is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Kone to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.91 means the company can pay off €0.91 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of KONE Oyj:

  • The MRQ is 0.911. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.871. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.911TTM0.871+0.041
TTM0.871YOY0.851+0.020
TTM0.8715Y0.944-0.073
5Y0.94410Y0.915+0.028
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9110.727+0.184
TTM0.8710.800+0.071
YOY0.8510.858-0.007
5Y0.9440.933+0.011
10Y0.9150.964-0.049
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of KONE Oyj.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Kone assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Kone to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.70 means that Kone assets are financed with 69.8% credit (debt) and the remaining percentage (100% - 69.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of KONE Oyj:

  • The MRQ is 0.698. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.712. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.698TTM0.712-0.014
TTM0.712YOY0.719-0.008
TTM0.7125Y0.699+0.013
5Y0.69910Y0.686+0.013
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6980.489+0.209
TTM0.7120.493+0.219
YOY0.7190.504+0.215
5Y0.6990.501+0.198
10Y0.6860.495+0.191
4.5.4.2. Debt to Equity Ratio

Measures if Kone is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Kone to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 234.4% means that company has €2.34 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of KONE Oyj:

  • The MRQ is 2.344. The company is just not able to pay all its debts with equity.
  • The TTM is 2.534. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.344TTM2.534-0.190
TTM2.534YOY2.628-0.094
TTM2.5345Y2.389+0.145
5Y2.38910Y2.252+0.136
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3440.960+1.384
TTM2.5340.962+1.572
YOY2.6281.034+1.594
5Y2.3891.061+1.328
10Y2.2521.041+1.211
3rd party ad coffee SUPPORTERis ad-free.

4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Kone generates.

  • Above 15 is considered overpriced but always compare Kone to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 27.97 means the investor is paying €27.97 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of KONE Oyj:

  • The EOD is 25.745. Based on the earnings, the company is overpriced. -1
  • The MRQ is 27.969. Based on the earnings, the company is overpriced. -1
  • The TTM is 25.025. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD25.745MRQ27.969-2.224
MRQ27.969TTM25.025+2.944
TTM25.025YOY26.481-1.456
TTM25.0255Y31.451-6.426
5Y31.45110Y27.930+3.521
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD25.74519.825+5.920
MRQ27.96919.317+8.652
TTM25.02519.939+5.086
YOY26.48118.587+7.894
5Y31.45122.381+9.070
10Y27.93028.696-0.766
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 KONE Oyj:

  • The EOD is -63,538.146. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -69,026.875. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -17,238.389. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-63,538.146MRQ-69,026.875+5,488.729
MRQ-69,026.875TTM-17,238.389-51,788.486
TTM-17,238.389YOY2.523-17,240.912
TTM-17,238.3895Y-3,427.246-13,811.142
5Y-3,427.24610Y-1,702.092-1,725.154
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-63,538.1467.537-63,545.683
MRQ-69,026.8757.120-69,033.995
TTM-17,238.3894.274-17,242.663
YOY2.5231.315+1.208
5Y-3,427.2462.201-3,429.447
10Y-1,702.0921.892-1,703.984
3rd party ad coffee SUPPORTERis ad-free.
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Kone is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 10.60 means the investor is paying €10.60 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of KONE Oyj:

  • The EOD is 9.761. Based on the equity, the company is overpriced. -1
  • The MRQ is 10.604. Based on the equity, the company is expensive. -2
  • The TTM is 9.949. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD9.761MRQ10.604-0.843
MRQ10.604TTM9.949+0.656
TTM9.949YOY10.001-0.052
TTM9.9495Y10.690-0.742
5Y10.69010Y9.901+0.789
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD9.7612.244+7.517
MRQ10.6042.207+8.397
TTM9.9492.198+7.751
YOY10.0012.198+7.803
5Y10.6902.519+8.171
10Y9.9012.921+6.980
4.6.2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

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.

 2023-09-302023-12-312024-03-312024-06-302024-09-30
Other Stockholders Equity  -129,9000-129,90012,300-117,600300-117,300188,10070,800



6.2. Latest Balance Sheet

Balance Sheet of 2024-09-30. Currency in EUR. All numbers in thousands.

Summary
Total Assets8,610,700
Total Liabilities6,007,000
Total Stockholder Equity2,563,200
 As reported
Total Liabilities 6,007,000
Total Stockholder Equity+ 2,563,200
Total Assets = 8,610,700

Assets

Total Assets8,610,700
Total Current Assets5,481,200
Long-term Assets3,129,500
Total Current Assets
Cash And Cash Equivalents 426,000
Short-term Investments 834,300
Net Receivables 2,606,000
Inventory 872,000
Other Current Assets 742,900
Total Current Assets  (as reported)5,481,200
Total Current Assets  (calculated)5,481,200
+/-0
Long-term Assets
Property Plant Equipment 821,700
Goodwill 1,504,000
Intangible Assets 341,600
Long-term Assets Other 150,500
Long-term Assets  (as reported)3,129,500
Long-term Assets  (calculated)2,817,800
+/- 311,700

Liabilities & Shareholders' Equity

Total Current Liabilities5,157,500
Long-term Liabilities849,500
Total Stockholder Equity2,563,200
Total Current Liabilities
Short-term Debt 130,400
Accounts payable 945,100
Other Current Liabilities 3,969,100
Total Current Liabilities  (as reported)5,157,500
Total Current Liabilities  (calculated)5,044,600
+/- 112,900
Long-term Liabilities
Long-term Liabilities  (as reported)849,500
Long-term Liabilities  (calculated)0
+/- 849,500
Total Stockholder Equity
Common Stock66,200
Retained Earnings 2,426,200
Other Stockholders Equity 70,800
Total Stockholder Equity (as reported)2,563,200
Total Stockholder Equity (calculated)2,563,200
+/-0
Other
Capital Stock66,200
Cash and Short Term Investments 1,260,300
Common Stock Shares Outstanding 514,167
Liabilities and Stockholders Equity 8,610,700
Net Debt 175,900
Net Invested Capital 2,563,200
Net Working Capital 323,700
Short Long Term Debt Total 601,900



6.3. Balance Sheets Structured

Currency in EUR. All numbers in thousands.

 Trend2024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-06-302002-12-312002-06-302001-12-312001-06-302000-12-312000-06-30
> Total Assets 
1,694,200
1,829,300
2,140,300
2,107,300
2,362,600
4,160,200
3,876,200
3,616,900
3,286,400
3,305,900
3,395,900
3,239,900
0
2,197,000
2,128,800
2,144,500
2,145,500
2,190,500
2,265,900
2,292,400
2,305,500
2,343,000
2,329,600
2,359,900
2,423,200
2,482,100
2,575,000
2,656,800
2,731,500
2,671,700
2,727,700
2,852,000
2,725,100
2,998,300
3,113,200
3,245,200
3,143,100
3,246,400
3,460,600
4,727,200
4,701,100
5,094,100
5,448,900
5,109,300
5,495,000
5,650,000
5,668,900
5,343,300
5,358,600
5,583,400
6,181,100
6,360,000
6,724,800
7,005,200
7,164,100
7,505,600
7,143,900
7,488,800
7,663,300
7,951,300
7,584,300
7,673,900
7,737,900
7,737,800
6,791,400
7,248,100
7,395,500
7,734,000
7,798,400
8,001,600
8,502,700
8,613,300
8,057,500
8,407,700
8,724,700
8,792,000
8,278,600
8,623,400
9,086,500
9,720,400
9,074,500
9,207,200
9,640,500
9,090,400
8,389,500
8,412,600
8,666,900
8,730,800
8,302,500
8,463,900
8,610,700
8,610,7008,463,9008,302,5008,730,8008,666,9008,412,6008,389,5009,090,4009,640,5009,207,2009,074,5009,720,4009,086,5008,623,4008,278,6008,792,0008,724,7008,407,7008,057,5008,613,3008,502,7008,001,6007,798,4007,734,0007,395,5007,248,1006,791,4007,737,8007,737,9007,673,9007,584,3007,951,3007,663,3007,488,8007,143,9007,505,6007,164,1007,005,2006,724,8006,360,0006,181,1005,583,4005,358,6005,343,3005,668,9005,650,0005,495,0005,109,3005,448,9005,094,1004,701,1004,727,2003,460,6003,246,4003,143,1003,245,2003,113,2002,998,3002,725,1002,852,0002,727,7002,671,7002,731,5002,656,8002,575,0002,482,1002,423,2002,359,9002,329,6002,343,0002,305,5002,292,4002,265,9002,190,5002,145,5002,144,5002,128,8002,197,00003,239,9003,395,9003,305,9003,286,4003,616,9003,876,2004,160,2002,362,6002,107,3002,140,3001,829,3001,694,200
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,634,400
1,463,000
1,661,600
1,727,600
1,821,800
1,761,600
1,866,000
1,981,500
2,977,100
2,978,500
3,313,900
3,662,300
3,204,400
3,541,200
3,719,400
3,738,400
3,405,000
3,423,300
3,633,900
4,141,000
4,190,600
4,384,200
4,709,800
4,869,000
5,144,200
4,789,300
5,090,000
5,215,300
5,462,800
5,096,500
5,259,900
5,351,800
5,364,400
4,428,600
4,884,600
5,041,400
5,315,900
4,987,900
5,220,200
5,664,100
5,802,400
5,277,500
5,636,200
5,981,600
6,125,900
5,555,300
5,909,200
6,349,000
6,922,400
6,279,500
6,393,400
6,788,800
6,309,100
5,582,800
5,562,000
5,733,600
5,764,000
5,248,100
5,352,900
5,481,200
5,481,2005,352,9005,248,1005,764,0005,733,6005,562,0005,582,8006,309,1006,788,8006,393,4006,279,5006,922,4006,349,0005,909,2005,555,3006,125,9005,981,6005,636,2005,277,5005,802,4005,664,1005,220,2004,987,9005,315,9005,041,4004,884,6004,428,6005,364,4005,351,8005,259,9005,096,5005,462,8005,215,3005,090,0004,789,3005,144,2004,869,0004,709,8004,384,2004,190,6004,141,0003,633,9003,423,3003,405,0003,738,4003,719,4003,541,2003,204,4003,662,3003,313,9002,978,5002,977,1001,981,5001,866,0001,761,6001,821,8001,727,6001,661,6001,463,0001,634,4000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
204,900
157,200
166,800
208,200
192,500
196,900
206,700
147,500
234,000
195,400
180,000
185,700
249,600
197,400
214,500
307,400
339,100
322,600
341,900
344,500
336,100
352,100
507,700
518,800
552,700
483,400
455,900
464,200
589,200
536,600
607,900
558,700
496,500
485,500
511,700
539,600
636,000
636,300
574,800
586,000
662,400
557,700
550,100
482,700
457,900
418,300
482,500
436,100
490,400
557,700
462,200
616,600
495,500
340,000
309,100
445,000
424,500
469,800
370,300
426,000
426,000370,300469,800424,500445,000309,100340,000495,500616,600462,200557,700490,400436,100482,500418,300457,900482,700550,100557,700662,400586,000574,800636,300636,000539,600511,700485,500496,500558,700607,900536,600589,200464,200455,900483,400552,700518,800507,700352,100336,100344,500341,900322,600339,100307,400214,500197,400249,600185,700180,000195,400234,000147,500206,700196,900192,500208,200166,800157,200204,9000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
620,600
820,900
914,200
864,200
549,500
378,100
466,900
746,200
940,300
651,700
806,400
986,400
1,349,600
962,300
1,131,700
1,183,700
1,494,400
1,053,300
1,098,800
1,284,000
1,566,100
881,500
1,094,400
1,227,300
1,404,200
917,600
1,116,300
1,380,700
1,587,700
1,119,900
1,462,100
1,921,300
2,170,400
1,605,800
1,716,500
2,067,200
2,393,700
1,570,100
1,476,100
1,577,700
1,470,100
1,072,400
1,019,100
1,012,100
1,263,300
-32,700
760,000
834,300
834,300760,000-32,7001,263,3001,012,1001,019,1001,072,4001,470,1001,577,7001,476,1001,570,1002,393,7002,067,2001,716,5001,605,8002,170,4001,921,3001,462,1001,119,9001,587,7001,380,7001,116,300917,6001,404,2001,227,3001,094,400881,5001,566,1001,284,0001,098,8001,053,3001,494,4001,183,7001,131,700962,3001,349,600986,400806,400651,700940,300746,200466,900378,100549,500864,200914,200820,900620,6000000000000000000000000000000000000000000000
       Net Receivables 
721,900
561,400
823,800
626,600
824,000
911,300
1,258,300
843,100
936,500
982,900
997,200
1,005,500
0
728,200
725,200
611,100
710,700
781,300
807,300
768,300
834,700
912,200
880,100
920,300
1,075,000
1,170,700
1,187,900
921,400
1,291,300
1,311,600
1,366,400
223,700
1,105,700
1,215,000
148,400
238,500
216,800
279,500
254,700
1,262,100
1,312,400
1,384,600
1,379,200
7,700
1,445,900
914,200
2,299,800
1,237,000
1,518,800
1,626,700
1,727,400
1,461,400
1,472,100
2,773,800
1,421,200
1,637,100
2,877,500
1,512,400
1,470,700
1,730,700
1,502,500
1,557,900
1,484,200
1,898,700
1,835,600
2,023,600
1,910,800
2,327,700
2,119,500
2,216,200
2,182,000
2,758,700
2,192,800
2,200,900
2,133,900
2,669,500
2,164,000
2,283,100
2,317,900
3,051,700
2,458,000
2,541,100
2,656,400
3,069,800
2,494,100
2,531,600
2,508,000
3,062,100
2,459,300
2,530,700
2,606,000
2,606,0002,530,7002,459,3003,062,1002,508,0002,531,6002,494,1003,069,8002,656,4002,541,1002,458,0003,051,7002,317,9002,283,1002,164,0002,669,5002,133,9002,200,9002,192,8002,758,7002,182,0002,216,2002,119,5002,327,7001,910,8002,023,6001,835,6001,898,7001,484,2001,557,9001,502,5001,730,7001,470,7001,512,4002,877,5001,637,1001,421,2002,773,8001,472,1001,461,4001,727,4001,626,7001,518,8001,237,0002,299,800914,2001,445,9007,7001,379,2001,384,6001,312,4001,262,100254,700279,500216,800238,500148,4001,215,0001,105,700223,7001,366,4001,311,6001,291,300921,4001,187,9001,170,7001,075,000920,300880,100912,200834,700768,300807,300781,300710,700611,100725,200728,20001,005,500997,200982,900936,500843,1001,258,300911,300824,000626,600823,800561,400721,900
       Other Current Assets 
0
233,600
0
194,400
0
295,900
0
341,300
0
0
0
0
0
0
0
96,200
0
0
0
81,400
0
0
0
0
0
0
0
0
0
0
0
421,200
445,600
574,200
481,800
1,527,600
562,300
574,000
705,300
686,300
1,882,700
2,111,100
2,389,500
1,354,300
1,445,900
576,100
2,299,700
175,600
1,518,800
1,626,700
-100
241,000
469,600
2,773,700
498,300
278,100
2,877,300
532,900
564,900
166,400
487,900
484,100
497,200
171,000
1,199,800
620,400
715,200
323,900
669,000
669,600
1,530,200
324,800
1,407,500
1,414,100
1,495,000
385,500
1,423,400
805,100
854,100
519,500
1,698,000
1,922,500
1,826,500
430,100
1,563,200
1,602,600
1,669,200
387,400
1,584,100
1,559,400
742,900
742,9001,559,4001,584,100387,4001,669,2001,602,6001,563,200430,1001,826,5001,922,5001,698,000519,500854,100805,1001,423,400385,5001,495,0001,414,1001,407,500324,8001,530,200669,600669,000323,900715,200620,4001,199,800171,000497,200484,100487,900166,400564,900532,9002,877,300278,100498,3002,773,700469,600241,000-1001,626,7001,518,800175,6002,299,700576,1001,445,9001,354,3002,389,5002,111,1001,882,700686,300705,300574,000562,3001,527,600481,800574,200445,600421,2000000000000081,40000096,2000000000341,3000295,9000194,4000233,6000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,217,600
1,262,100
1,336,700
1,385,600
1,423,400
1,381,500
1,380,400
1,479,100
1,750,100
1,722,600
1,780,200
1,786,600
1,904,900
1,953,800
1,930,600
1,930,500
1,938,300
1,935,300
1,949,500
2,040,100
2,169,400
2,340,700
2,295,400
2,295,100
2,361,400
2,354,600
2,398,700
2,448,100
2,488,500
2,487,800
2,414,000
2,386,100
2,373,400
2,362,900
2,363,500
2,354,100
2,418,200
2,810,500
2,781,400
2,838,700
2,810,900
2,780,000
2,771,500
2,743,200
2,666,100
2,723,300
2,714,200
2,737,500
2,798,000
2,795,000
2,813,800
2,851,700
2,781,000
2,806,700
2,850,700
2,933,300
2,966,800
3,054,400
3,111,000
3,129,500
3,129,5003,111,0003,054,4002,966,8002,933,3002,850,7002,806,7002,781,0002,851,7002,813,8002,795,0002,798,0002,737,5002,714,2002,723,3002,666,1002,743,2002,771,5002,780,0002,810,9002,838,7002,781,4002,810,5002,418,2002,354,1002,363,5002,362,9002,373,4002,386,1002,414,0002,487,8002,488,5002,448,1002,398,7002,354,6002,361,4002,295,1002,295,4002,340,7002,169,4002,040,1001,949,5001,935,3001,938,3001,930,5001,930,6001,953,8001,904,9001,786,6001,780,2001,722,6001,750,1001,479,1001,380,4001,381,5001,423,4001,385,6001,336,7001,262,1001,217,6000000000000000000000000000000000
       Property Plant Equipment 
234,800
216,800
223,500
206,900
192,000
648,700
399,900
401,400
367,600
367,400
367,700
368,300
0
222,900
221,300
214,400
217,200
217,800
226,000
215,200
217,200
225,600
223,600
200,200
198,000
203,700
210,100
214,200
213,000
209,500
199,100
200,500
205,200
212,100
203,800
204,900
196,400
195,800
210,700
231,600
226,800
241,100
246,300
261,700
267,800
268,200
263,600
269,600
271,400
275,400
295,600
317,100
339,200
328,400
328,300
345,400
347,400
357,600
362,900
368,300
369,700
365,800
368,500
377,000
370,200
378,000
378,500
397,400
755,800
747,600
758,200
742,200
730,200
708,000
690,600
710,000
724,900
720,100
720,900
736,700
734,900
735,800
744,500
716,800
713,600
718,300
743,900
779,700
800,400
823,100
821,700
821,700823,100800,400779,700743,900718,300713,600716,800744,500735,800734,900736,700720,900720,100724,900710,000690,600708,000730,200742,200758,200747,600755,800397,400378,500378,000370,200377,000368,500365,800369,700368,300362,900357,600347,400345,400328,300328,400339,200317,100295,600275,400271,400269,600263,600268,200267,800261,700246,300241,100226,800231,600210,700195,800196,400204,900203,800212,100205,200200,500199,100209,500213,000214,200210,100203,700198,000200,200223,600225,600217,200215,200226,000217,800217,200214,400221,300222,9000368,300367,700367,400367,600401,400399,900648,700192,000206,900223,500216,800234,800
       Goodwill 
0
414,500
0
417,300
0
1,063,100
0
912,000
0
0
0
0
0
0
0
497,900
0
0
0
557,300
0
0
0
577,200
0
0
0
621,300
0
0
0
657,100
0
0
0
777,500
0
0
0
1,004,600
0
0
0
1,085,700
0
0
0
1,103,600
0
0
0
1,208,900
1,306,800
1,297,800
1,293,300
1,306,700
1,300,000
1,305,400
1,346,700
1,371,800
1,369,900
1,333,200
1,324,100
1,325,500
1,316,200
1,324,100
1,321,600
1,333,400
1,355,800
1,343,500
1,379,200
1,366,500
1,370,700
1,361,100
1,343,500
1,327,000
1,352,900
1,352,900
1,384,300
1,405,200
1,414,900
1,437,800
1,465,900
1,414,700
1,434,600
1,439,000
1,479,300
1,469,000
1,500,500
1,509,900
1,504,000
1,504,0001,509,9001,500,5001,469,0001,479,3001,439,0001,434,6001,414,7001,465,9001,437,8001,414,9001,405,2001,384,3001,352,9001,352,9001,327,0001,343,5001,361,1001,370,7001,366,5001,379,2001,343,5001,355,8001,333,4001,321,6001,324,1001,316,2001,325,5001,324,1001,333,2001,369,9001,371,8001,346,7001,305,4001,300,0001,306,7001,293,3001,297,8001,306,8001,208,9000001,103,6000001,085,7000001,004,600000777,500000657,100000621,300000577,200000557,300000497,9000000000912,00001,063,1000417,3000414,5000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
134,200
125,800
121,200
115,900
139,300
134,700
138,300
143,300
143,600
151,300
152,300
139,200
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000139,200152,300151,300143,600143,300138,300134,700139,300115,900121,200125,800134,200000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
416,800
414,500
442,400
417,300
429,600
1,063,100
1,003,600
912,000
829,000
835,000
840,100
830,000
0
540,400
548,500
551,600
574,000
570,400
600,300
615,700
624,200
619,900
626,100
630,400
625,800
644,200
663,600
670,200
695,200
699,000
697,000
49,600
717,300
762,300
838,700
82,100
851,900
851,200
899,800
160,700
1,158,300
1,178,000
1,176,400
198,100
1,291,400
1,292,300
1,306,700
228,900
1,322,600
1,325,700
1,380,100
261,700
274,700
275,900
271,900
271,500
266,800
271,200
266,700
293,000
287,200
276,800
272,400
274,400
267,400
266,700
260,500
260,100
259,700
251,200
254,400
248,300
229,400
219,400
218,400
223,200
223,400
217,400
216,700
216,800
217,700
216,700
211,000
208,200
244,600
281,200
302,500
287,200
306,200
316,000
341,600
341,600316,000306,200287,200302,500281,200244,600208,200211,000216,700217,700216,800216,700217,400223,400223,200218,400219,400229,400248,300254,400251,200259,700260,100260,500266,700267,400274,400272,400276,800287,200293,000266,700271,200266,800271,500271,900275,900274,700261,7001,380,1001,325,7001,322,600228,9001,306,7001,292,3001,291,400198,1001,176,4001,178,0001,158,300160,700899,800851,200851,90082,100838,700762,300717,30049,600697,000699,000695,200670,200663,600644,200625,800630,400626,100619,900624,200615,700600,300570,400574,000551,600548,500540,4000830,000840,100835,000829,000912,0001,003,6001,063,100429,600417,300442,400414,500416,800
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,600
171,600
182,700
165,200
1,800
163,700
160,000
189,400
5,500
160,100
178,100
178,400
626,100
826,500
919,800
869,600
554,600
383,400
472,300
752,000
946,700
658,900
813,200
993,100
1,365,000
978,100
1,148,600
1,201,400
1,501,500
1,060,600
1,106,100
1,284,500
1,578,400
890,400
1,104,800
1,238,800
1,434,500
944,700
1,141,700
1,407,200
1,610,200
1,142,100
1,484,200
1,943,900
2,190,700
1,628,300
1,740,300
2,092,000
2,419,300
23,500
23,900
24,000
1,482,200
10,900
12,100
12,900
1,276,100
-100
11,200
150,500
150,50011,200-1001,276,10012,90012,10010,9001,482,20024,00023,90023,5002,419,3002,092,0001,740,3001,628,3002,190,7001,943,9001,484,2001,142,1001,610,2001,407,2001,141,700944,7001,434,5001,238,8001,104,800890,4001,578,4001,284,5001,106,1001,060,6001,501,5001,201,4001,148,600978,1001,365,000993,100813,200658,900946,700752,000472,300383,400554,600869,600919,800826,500626,100178,400178,100160,1005,500189,400160,000163,7001,800165,200182,700171,6001,6000000000000000000000000000000000
> Total Liabilities 
1,094,800
1,152,600
1,419,500
1,300,100
1,436,800
3,132,900
2,895,000
2,502,600
2,188,000
2,219,400
2,249,500
1,866,000
0
1,604,300
1,499,800
1,475,300
1,570,600
1,596,600
1,607,800
1,593,800
1,825,600
1,778,600
1,678,800
1,610,700
1,782,300
1,736,800
1,700,000
1,620,900
1,777,100
1,635,100
1,565,400
1,512,800
1,602,700
1,693,900
1,704,200
1,644,600
1,710,100
1,671,000
1,714,800
2,693,200
2,960,300
3,162,600
3,340,000
3,204,100
3,966,500
3,914,000
3,786,300
3,618,900
4,035,200
4,043,000
4,350,200
4,297,600
4,973,600
4,969,000
4,981,600
4,930,100
5,174,700
5,302,800
5,228,100
5,155,700
5,388,600
5,285,100
5,120,100
4,830,400
4,433,000
4,615,500
4,590,000
4,653,600
5,384,700
5,340,200
5,553,200
5,420,500
5,584,300
5,715,700
5,807,200
5,594,800
5,930,300
6,002,600
6,159,500
6,521,200
6,773,400
6,728,500
6,850,300
6,224,000
6,302,600
6,183,600
6,124,200
5,944,900
6,207,880
6,093,600
6,007,000
6,007,0006,093,6006,207,8805,944,9006,124,2006,183,6006,302,6006,224,0006,850,3006,728,5006,773,4006,521,2006,159,5006,002,6005,930,3005,594,8005,807,2005,715,7005,584,3005,420,5005,553,2005,340,2005,384,7004,653,6004,590,0004,615,5004,433,0004,830,4005,120,1005,285,1005,388,6005,155,7005,228,1005,302,8005,174,7004,930,1004,981,6004,969,0004,973,6004,297,6004,350,2004,043,0004,035,2003,618,9003,786,3003,914,0003,966,5003,204,1003,340,0003,162,6002,960,3002,693,2001,714,8001,671,0001,710,1001,644,6001,704,2001,693,9001,602,7001,512,8001,565,4001,635,1001,777,1001,620,9001,700,0001,736,8001,782,3001,610,7001,678,8001,778,6001,825,6001,593,8001,607,8001,596,6001,570,6001,475,3001,499,8001,604,30001,866,0002,249,5002,219,4002,188,0002,502,6002,895,0003,132,9001,436,8001,300,1001,419,5001,152,6001,094,800
   > Total Current Liabilities 
800,700
870,100
854,600
703,400
885,400
1,758,400
1,839,900
1,598,700
1,308,000
1,440,500
1,491,000
1,282,800
0
1,096,100
997,800
1,045,500
1,150,300
1,232,600
1,249,900
1,246,500
1,363,700
1,354,000
1,261,800
1,265,400
1,331,500
1,287,100
1,252,600
1,286,400
1,397,400
1,368,300
1,323,600
1,232,300
1,418,200
1,397,100
1,509,600
1,342,300
1,416,800
1,401,600
1,524,200
2,485,300
2,753,900
2,836,700
3,016,900
2,861,800
3,517,800
3,485,700
3,395,600
3,217,400
3,623,500
3,622,100
3,904,500
3,839,400
4,475,600
4,526,000
4,513,500
4,414,000
4,650,500
4,720,600
4,642,200
4,438,500
4,685,400
4,601,600
4,478,500
4,205,000
3,816,600
4,006,700
3,984,300
4,024,500
4,475,700
4,446,700
4,663,500
4,533,200
4,691,500
4,806,300
4,891,600
4,918,400
5,291,000
5,136,400
5,308,800
5,652,300
5,937,500
5,867,300
6,021,900
5,403,800
5,458,300
5,289,800
5,260,500
5,090,000
5,340,800
5,213,200
5,157,500
5,157,5005,213,2005,340,8005,090,0005,260,5005,289,8005,458,3005,403,8006,021,9005,867,3005,937,5005,652,3005,308,8005,136,4005,291,0004,918,4004,891,6004,806,3004,691,5004,533,2004,663,5004,446,7004,475,7004,024,5003,984,3004,006,7003,816,6004,205,0004,478,5004,601,6004,685,4004,438,5004,642,2004,720,6004,650,5004,414,0004,513,5004,526,0004,475,6003,839,4003,904,5003,622,1003,623,5003,217,4003,395,6003,485,7003,517,8002,861,8003,016,9002,836,7002,753,9002,485,3001,524,2001,401,6001,416,8001,342,3001,509,6001,397,1001,418,2001,232,3001,323,6001,368,3001,397,4001,286,4001,252,6001,287,1001,331,5001,265,4001,261,8001,354,0001,363,7001,246,5001,249,9001,232,6001,150,3001,045,500997,8001,096,10001,282,8001,491,0001,440,5001,308,0001,598,7001,839,9001,758,400885,400703,400854,600870,100800,700
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,300
59,100
56,000
51,000
8,600
39,100
52,200
0
67,400
74,500
83,700
73,000
4,600
397,500
327,900
187,300
9,500
163,700
111,200
120,800
2,700
-1,527,400
176,400
-1,488,800
1,100
-1,621,500
196,900
-3,587,800
11,600
30,600
-1,712,100
20,700
30,100
33,700
31,200
23,200
17,900
123,500
134,600
121,800
117,200
119,000
116,800
108,100
100,300
274,700
112,800
112,700
111,700
117,300
115,000
121,700
116,000
114,600
-1,832,100
-1,837,500
116,100
119,400
128,600
130,400
130,400128,600119,400116,100-1,837,500-1,832,100114,600116,000121,700115,000117,300111,700112,700112,800274,700100,300108,100116,800119,000117,200121,800134,600123,50017,90023,20031,20033,70030,10020,700-1,712,10030,60011,600-3,587,800196,900-1,621,5001,100-1,488,800176,400-1,527,4002,700120,800111,200163,7009,500187,300327,900397,5004,60073,00083,70074,50067,400052,20039,1008,60051,00056,00059,1007,3000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
234,500
236,200
20,700
235,100
33,700
228,600
0
0
0
0
121,800
17,900
119,000
116,800
108,100
161,400
0
0
0
12,800
0
0
0
8,600
0
0
0
2,900
0
0
0
0002,9000008,60000012,800000161,400108,100116,800119,00017,900121,8000000228,60033,700235,10020,700236,200234,500000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
149,600
0
151,800
0
385,700
0
380,000
0
0
0
0
0
885,200
807,000
214,200
911,100
877,100
941,900
231,500
1,041,500
1,043,500
1,002,800
274,600
1,101,800
1,134,500
1,148,500
282,200
1,253,700
1,215,200
1,237,700
252,500
1,255,500
1,341,100
1,364,600
284,200
1,377,700
1,349,400
1,424,100
385,500
1,500,000
1,530,900
1,620,200
441,000
1,678,500
1,705,300
1,703,700
511,200
1,881,800
1,912,100
2,016,800
597,100
610,300
692,600
663,900
728,900
586,700
676,200
676,700
743,300
644,200
735,100
690,200
705,100
628,600
782,000
741,500
786,700
725,800
756,400
771,000
809,800
698,600
869,900
873,000
890,900
804,000
1,032,300
1,056,600
1,310,200
1,172,100
1,174,800
1,392,300
1,132,800
937,800
952,400
919,400
927,000
836,200
962,800
945,100
945,100962,800836,200927,000919,400952,400937,8001,132,8001,392,3001,174,8001,172,1001,310,2001,056,6001,032,300804,000890,900873,000869,900698,600809,800771,000756,400725,800786,700741,500782,000628,600705,100690,200735,100644,200743,300676,700676,200586,700728,900663,900692,600610,300597,1002,016,8001,912,1001,881,800511,2001,703,7001,705,3001,678,500441,0001,620,2001,530,9001,500,000385,5001,424,1001,349,4001,377,700284,2001,364,6001,341,1001,255,500252,5001,237,7001,215,2001,253,700282,2001,148,5001,134,5001,101,800274,6001,002,8001,043,5001,041,500231,500941,900877,100911,100214,200807,000885,20000000380,0000385,7000151,8000149,6000
       Other Current Liabilities 
0
693,800
0
544,300
0
776,500
0
865,200
1,112,100
1,093,600
1,066,200
1,092,800
0
0
0
615,700
0
0
0
716,800
0
0
0
799,400
0
0
0
880,800
0
0
0
849,800
103,600
-102,200
94,000
900,600
0
0
100,100
1,968,700
1,179,400
1,222,100
1,323,700
2,335,200
1,441,800
1,452,500
1,504,600
2,553,000
1,578,000
1,598,800
1,766,900
1,492,600
1,955,500
3,657,000
2,022,200
1,738,900
2,044,700
3,847,500
2,134,700
-150,700
3,938,100
2,013,800
3,681,200
3,378,900
3,098,400
3,125,900
3,182,000
-184,800
1,863,500
1,745,000
1,850,500
-231,200
3,777,000
3,719,400
3,774,300
3,830,100
4,109,100
3,887,200
4,006,100
1,557,200
4,529,400
4,498,800
4,409,600
1,513,900
4,184,500
2,134,100
2,116,700
1,459,700
4,129,000
3,874,400
3,969,100
3,969,1003,874,4004,129,0001,459,7002,116,7002,134,1004,184,5001,513,9004,409,6004,498,8004,529,4001,557,2004,006,1003,887,2004,109,1003,830,1003,774,3003,719,4003,777,000-231,2001,850,5001,745,0001,863,500-184,8003,182,0003,125,9003,098,4003,378,9003,681,2002,013,8003,938,100-150,7002,134,7003,847,5002,044,7001,738,9002,022,2003,657,0001,955,5001,492,6001,766,9001,598,8001,578,0002,553,0001,504,6001,452,5001,441,8002,335,2001,323,7001,222,1001,179,4001,968,700100,10000900,60094,000-102,200103,600849,800000880,800000799,400000716,800000615,7000001,092,8001,066,2001,093,6001,112,100865,2000776,5000544,3000693,8000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
280,500
184,500
296,800
194,600
302,300
293,300
269,400
190,600
207,900
206,400
325,900
323,100
342,300
448,700
428,300
390,700
401,500
411,700
420,900
445,700
458,200
498,000
443,000
468,100
516,100
524,200
582,200
585,900
717,200
703,200
683,500
641,600
625,400
616,400
608,800
605,700
629,100
909,000
893,500
889,700
887,300
892,800
909,400
915,600
676,400
639,300
866,200
850,700
868,900
835,900
861,200
828,400
820,200
844,300
893,800
863,700
854,900
867,080
880,400
849,500
849,500880,400867,080854,900863,700893,800844,300820,200828,400861,200835,900868,900850,700866,200639,300676,400915,600909,400892,800887,300889,700893,500909,000629,100605,700608,800616,400625,400641,600683,500703,200717,200585,900582,200524,200516,100468,100443,000498,000458,200445,700420,900411,700401,500390,700428,300448,700342,300323,100325,900206,400207,900190,600269,400293,300302,300194,600296,800184,500280,5000000000000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
435,400
432,200
428,400
429,100
417,900
417,000
417,700
430,000
0
0
0
0
0000430,000417,700417,000417,900429,100428,400432,200435,4000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-7,300
-59,100
-56,000
-51,000
-8,600
-39,100
-52,200
0
-67,400
-74,500
-83,700
-73,000
-4,600
-397,500
-327,900
-187,300
-9,500
-163,700
-111,200
-120,800
-2,700
1,527,400
-176,400
1,488,800
-1,100
1,621,500
-196,900
3,587,800
-11,600
-30,600
1,712,100
-20,700
-30,100
-33,700
-31,200
-23,200
-17,900
-123,500
-134,600
-121,800
253,500
-119,000
-116,800
-108,100
242,600
-274,700
-112,800
-112,700
231,200
-117,300
-115,000
-121,700
208,000
-114,600
1,832,100
1,837,500
233,100
-119,400
-128,600
-130,400
-130,400-128,600-119,400233,1001,837,5001,832,100-114,600208,000-121,700-115,000-117,300231,200-112,700-112,800-274,700242,600-108,100-116,800-119,000253,500-121,800-134,600-123,500-17,900-23,200-31,200-33,700-30,100-20,7001,712,100-30,600-11,6003,587,800-196,9001,621,500-1,1001,488,800-176,4001,527,400-2,700-120,800-111,200-163,700-9,500-187,300-327,900-397,500-4,600-73,000-83,700-74,500-67,4000-52,200-39,100-8,600-51,000-56,000-59,100-7,3000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-100
100
100
0
-100
100
100
0
-300
0
0
-100
0
100
100
-100
0
0
100
80
0
0
008010000-1001001000-10000-3000100100-1000100100-100000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
597,900
675,600
719,400
805,800
924,800
1,007,200
973,000
1,090,200
1,075,100
1,062,900
1,119,500
1,347,000
569,800
569,800
624,900
666,400
572,400
591,200
654,400
695,100
476,900
562,100
648,400
748,900
640,400
744,100
874,000
1,035,000
953,400
1,035,200
1,161,200
1,338,400
1,121,300
1,304,400
1,409,000
1,599,300
1,433,000
1,575,400
1,745,800
2,026,700
1,740,800
1,931,500
2,094,300
1,883,900
1,505,200
1,717,200
1,859,700
1,694,000
1,292,100
1,514,300
1,793,100
2,017,900
1,701,900
1,983,700
2,143,100
2,527,500
1,919,200
2,153,900
2,423,700
2,782,900
2,181,100
2,373,500
2,603,500
2,894,100
2,342,100
2,616,300
2,789,700
3,064,400
2,395,000
2,641,400
2,930,500
3,172,800
2,452,400
2,670,800
2,894,900
3,174,600
2,328,200
2,599,500
2,904,400
3,174,200
2,273,900
2,453,000
2,762,000
2,836,500
2,055,600
2,199,600
2,510,400
2,752,000
2,057,500
2,330,800
2,563,200
2,563,2002,330,8002,057,5002,752,0002,510,4002,199,6002,055,6002,836,5002,762,0002,453,0002,273,9003,174,2002,904,4002,599,5002,328,2003,174,6002,894,9002,670,8002,452,4003,172,8002,930,5002,641,4002,395,0003,064,4002,789,7002,616,3002,342,1002,894,1002,603,5002,373,5002,181,1002,782,9002,423,7002,153,9001,919,2002,527,5002,143,1001,983,7001,701,9002,017,9001,793,1001,514,3001,292,1001,694,0001,859,7001,717,2001,505,2001,883,9002,094,3001,931,5001,740,8002,026,7001,745,8001,575,4001,433,0001,599,3001,409,0001,304,4001,121,3001,338,4001,161,2001,035,200953,4001,035,000874,000744,100640,400748,900648,400562,100476,900695,100654,400591,200572,400666,400624,900569,800569,8001,347,0001,119,5001,062,9001,075,1001,090,200973,0001,007,200924,800805,800719,400675,600597,900
   Common Stock
0
60,500
0
60,500
0
63,500
0
63,500
0
0
0
63,700
0
63,800
63,900
63,900
64,000
64,000
64,000
64,000
64,000
64,000
64,100
64,200
64,200
64,200
64,200
64,400
64,400
64,400
64,400
64,600
-14,200
65,100
65,100
65,100
65,100
65,100
65,100
65,100
65,100
65,100
65,100
65,100
65,100
65,200
65,300
65,300
65,300
65,400
65,400
65,600
65,600
65,700
65,700
65,700
65,700
65,700
65,700
65,800
65,800
65,900
65,900
65,900
65,900
66,000
66,000
66,000
66,000
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,200
66,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,00066,00066,00066,00065,90065,90065,90065,90065,80065,80065,70065,70065,70065,70065,70065,70065,60065,60065,40065,40065,30065,30065,30065,20065,10065,10065,10065,10065,10065,10065,10065,10065,10065,10065,10065,100-14,20064,60064,40064,40064,40064,40064,20064,20064,20064,20064,10064,00064,00064,00064,00064,00064,00063,90063,90063,800063,70000063,500063,500060,500060,5000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
65,200
81,600
75,200
55,300
19,400
36,300
101,200
147,700
293,300
308,700
277,900
293,000
209,700
205,300
197,400
263,000
269,300
203,700
188,800
202,800
209,400
260,000
217,000
261,600
304,700
313,900
356,000
318,500
326,200
301,400
264,900
261,500
386,900
371,900
417,600
458,700
519,500
562,300
633,900
485,800
269,600
182,600
240,300
198,900
204,700
213,700
0
0213,700204,700198,900240,300182,600269,600485,800633,900562,300519,500458,700417,600371,900386,900261,500264,900301,400326,200318,500356,000313,900304,700261,600217,000260,000209,400202,800188,800203,700269,300263,000197,400205,300209,700293,000277,900308,700293,300147,700101,20036,30019,40055,30075,20081,60065,20000000000000000000000000000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
474,300
482,300
486,100
489,800
493,400
345,600
346,000
346,000
0
0
0
0
0000346,000346,000345,600493,400489,800486,100482,300474,3000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000-203,300-203,100-203,100-217,800-217,800-217,600-217,600-236,700-236,700-236,100-235,300-210,600-210,600-210,600-139,200-150,800-150,800-118,000-117,300-128,800-128,800-128,800-70,700-77,700-72,900-72,900-72,600-135,700-98,800-119,600-96,900-103,200-91,400-91,400-91,400-78,800-80,100-80,100-80,100-83,100-83,100-83,100-83,100-87,800-87,800-87,800-87,800-91,50000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
89,300
104,300
1,304,400
1,409,000
152,900
1,433,000
1,575,400
1,745,800
196,600
1,740,800
1,931,500
154,600
219,800
87,800
111,200
-28,500
155,400
-28,500
-17,000
-17,700
248,100
-50,500
-38,900
167,600
100,300
-110,300
-135,000
-135,800
-136,400
-136,400
-117,300
-117,300
100,300
91,800
-102,800
-102,800
100,300
-94,500
-84,700
-84,800
100,300
-76,900
-64,300
-64,100
100,300
-58,600
-52,500
-52,500
100,300
-86,600
-86,600
-86,600
-136,200
-131,000
-129,900
-129,900
-129,900
-117,600
-117,300
70,800
70,800-117,300-117,600-129,900-129,900-129,900-131,000-136,200-86,600-86,600-86,600100,300-52,500-52,500-58,600100,300-64,100-64,300-76,900100,300-84,800-84,700-94,500100,300-102,800-102,80091,800100,300-117,300-117,300-136,400-136,400-135,800-135,000-110,300100,300167,600-38,900-50,500248,100-17,700-17,000-28,500155,400-28,500111,20087,800219,800154,6001,931,5001,740,800196,6001,745,8001,575,4001,433,000152,9001,409,0001,304,400104,30089,3000000000000000000000000000000000



6.4. Balance Sheets

Currency in EUR. All numbers in thousands.