Financials KBC Groupe NV

Equities

KBC

BE0003565737

Banks

Market Closed - Euronext Bruxelles 11:35:12 2024-05-28 am EDT 5-day change 1st Jan Change
66.86 EUR -1.50% Intraday chart for KBC Groupe NV -2.96% +13.86%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 27,905 23,850 31,442 25,053 24,163 26,894 - -
Enterprise Value (EV) 1 27,905 23,850 31,442 25,053 24,163 26,894 26,894 26,894
P/E ratio 11.5 x 17.1 x 12.3 x 8.9 x 7.3 x 8.57 x 8.68 x 8.04 x
Yield 1.49% 0.77% 5.3% 6.66% 7.07% 7.25% 7% 7.54%
Capitalization / Revenue 3.66 x 3.31 x 4.16 x 2.91 x 2.15 x 2.44 x 2.35 x 2.23 x
EV / Revenue 3.66 x 3.31 x 4.16 x 2.91 x 2.15 x 2.44 x 2.35 x 2.23 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.48 x 1.19 x 1.46 x 1.29 x 1.09 x 1.17 x 1.13 x 1.07 x
Nbr of stocks (in thousands) 416,113 416,373 416,673 417,000 411,498 402,239 - -
Reference price 2 67.06 57.28 75.46 60.08 58.72 66.86 66.86 66.86
Announcement Date 2/13/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,629 7,195 7,558 8,612 11,224 11,044 11,425 12,053
EBITDA - - - - - - - -
EBIT 1 3,209 3,039 3,162 3,794 4,398 4,054 4,292 4,620
Operating Margin 42.06% 42.24% 41.84% 44.05% 39.18% 36.71% 37.57% 38.33%
Earnings before Tax (EBT) 1 3,116 1,847 3,418 3,500 4,179 3,774 3,880 4,128
Net income 1 2,489 1,440 2,614 2,864 3,402 3,161 3,009 3,164
Net margin 32.63% 20.01% 34.59% 33.26% 30.31% 28.63% 26.34% 26.25%
EPS 2 5.850 3.340 6.150 6.750 8.040 7.802 7.702 8.314
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.000 0.4400 4.000 4.000 4.150 4.844 4.680 5.043
Announcement Date 2/13/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,887 2,116 2,123 2,115 2,257 3,060 2,775 2,715 2,674 2,708 2,787 2,808 2,818 2,848 2,907
EBITDA - - - - - - - - - - - - - - -
EBIT 1 809 596 1,052 1,048 1,097 1,559 1,756 1,142 1,006 696 1,195 1,152 1,097 - -
Operating Margin 42.87% 28.17% 49.55% 49.55% 48.6% 50.95% 63.28% 42.06% 37.62% 25.7% 42.88% 41.02% 38.92% - -
Earnings before Tax (EBT) 1 823 571 1,023 945 962 1,062 1,202 1,079 836 680 1,100 1,055 998.6 600.5 1,099
Net income 1 663 458 811 776 818 882 966 877 677 506 857.9 822.1 1,076 448.8 836.4
Net margin 35.14% 21.64% 38.2% 36.69% 36.24% 28.82% 34.81% 32.3% 25.32% 18.69% 30.78% 29.27% 38.17% 15.76% 28.77%
EPS 2 1.560 1.070 1.920 1.830 1.930 2.080 2.290 2.070 1.590 1.180 2.100 2.054 2.442 1.289 2.102
Dividend per Share 3.000 - - - - - - - 3.150 - - - 4.500 - -
Announcement Date 2/10/22 5/12/22 8/11/22 11/9/22 2/9/23 5/16/23 8/10/23 11/9/23 2/8/24 5/16/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 14.3% 8% 13% 14% 15.8% 13.7% 12.8% 13.2%
ROA (Net income/ Total Assets) 0.87% 0.47% 0.79% 0.82% 0.97% 0.86% 0.79% 0.83%
Assets 1 287,281 305,732 330,551 348,097 350,722 368,305 379,911 381,240
Book Value Per Share 2 45.30 48.10 51.80 46.60 53.90 57.20 58.90 62.50
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/13/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
66.86 EUR
Average target price
75.05 EUR
Spread / Average Target
+12.25%
Consensus
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