Kone Oyj B

KONE is an elevator and escalator industry group based in Finland. Co. is engaged in the provision of products and services for the installation, modernization and maintenance of elevators, escalators and automatic building doors. Co. provides its products and services throughout the entire lifecycle of the equipment, beginning from the installation of new equipment to the maintenance and modernization during their lifecycle and the full replacement of the equipment. Co.'s customers are active in industry segments such as residential, office, retail, public transportation, hotel, hospital, and marine.
  • TickerKNEBV
  • ISINFI0009013403
  • ExchangeNasdaq Nordic Helsinki
  • SectorIndustrial Engineering
  • CountryFinland

Analysts

UP AND DOWN

After some recent trading, shares of KONE OYJ B (KNYJF) have attracted the attention of OTC traders. Looking back, KONE OYJ B (KNYJF)’s stock was $-0.08 over the last 12 months with the 52-Week high of $47.89 and 52-Week low of $35.50.

Denise Molina

Initiating Coverage on Kone With a Wide Moat Rating; Shares Overvalued

We are initiating coverage on Kone with wide moat and stable moat trend ratings, and we view the shares as overvalued relative to our EUR 38 per share fair value estimate. We think Kone possesses a wide moat based on intangible assets and cost advantage. Even though elevators made by the top manufacturers lack a high degree of differentiation, differences in reputation and established track record are both critical to winning bids for new building-construction projects. Kone can provide unique s...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Denise Molina

Kone Reports In-Line Fiscal 2016; Shares Look Fairly Valued

In 2016, wide-moat Kone sold 2% fewer elevators and escalators than in 2015 but grew its base of equipment under service by 6%. This latter number is the more important one, since it supports the company’s long-term margins and returns. Service revenue is higher margin because there are no material costs associated with new revenue as there are with new equipment sales. Weakness in the Chinese market is unlikely to surprise any investor, but relative to other businesses, elevator manufacturers s...

Denise Molina

Kone's early foothold in China should serve it well over time.

In 2016, wide-moat Kone sold 2% fewer elevators and escalators than in 2015 but grew its base of equipment under service by 6%. This latter number is the more important one, since it supports the company’s long-term margins and returns. Service revenue is higher margin because there are no material costs associated with new revenue as there are with new equipment sales. Weakness in the Chinese market is unlikely to surprise any investor, but relative to other businesses, elevator manufacturers s...

UP AND DOWN

After some recent trading, shares of KONE OYJ B (KNYJF) have attracted the attention of OTC traders. Looking back, KONE OYJ B (KNYJF)’s stock was $-0.08 over the last 12 months with the 52-Week high of $47.89 and 52-Week low of $35.50.

Denise Molina

Initiating Coverage on Kone With a Wide Moat Rating; Shares Overvalued

We are initiating coverage on Kone with wide moat and stable moat trend ratings, and we view the shares as overvalued relative to our EUR 38 per share fair value estimate. We think Kone possesses a wide moat based on intangible assets and cost advantage. Even though elevators made by the top manufacturers lack a high degree of differentiation, differences in reputation and established track record are both critical to winning bids for new building-construction projects. Kone can provide unique s...

Denise Molina

Kone Reports In-Line Fiscal 2016; Shares Look Fairly Valued

In 2016, wide-moat Kone sold 2% fewer elevators and escalators than in 2015 but grew its base of equipment under service by 6%. This latter number is the more important one, since it supports the company’s long-term margins and returns. Service revenue is higher margin because there are no material costs associated with new revenue as there are with new equipment sales. Weakness in the Chinese market is unlikely to surprise any investor, but relative to other businesses, elevator manufacturers s...

Denise Molina

Kone's early foothold in China should serve it well over time.

In 2016, wide-moat Kone sold 2% fewer elevators and escalators than in 2015 but grew its base of equipment under service by 6%. This latter number is the more important one, since it supports the company’s long-term margins and returns. Service revenue is higher margin because there are no material costs associated with new revenue as there are with new equipment sales. Weakness in the Chinese market is unlikely to surprise any investor, but relative to other businesses, elevator manufacturers s...

Denise Molina

China's Elevator Market Is Stabilizing in an Otherwise Unremarkable 1Q for Kone

Kone's first-quarter results were unremarkable and largely in line with our expectations, with two noteworthy exceptions: stabilization in China and management increasing the bottom end of its 2017 guidance range. We are maintaining our EUR 40 fair value estimate and wide moat rating. We view the shares as fairly valued. After declines in new equipment sales in 2015 and 2016, China's new elevator equipment sales on a sectorwide basis was flat year over year. We receive many questions from invest...

1 director sold

A director at Kone Oyj sold 15,148 shares at 44.510EUR and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board membe...

Ole-Andreas Krohn

Northern Lights

Mattias Holmberg ...
  • Ole-Andreas Krohn

Northern Lights

Håkon Astrup ...
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Huseby Karlsen
  • Mattias Holmberg
  • Mattias Montgomery
  • Niclas Gehin
  • Nicolas McBeath
  • Ole-Andreas Krohn
  • Rune Majlund Dahl
  • Simen Mortensen

Northern Lights

Alexander Aukner ...
  • Helge André Martinsen
  • Jon Masdal
  • Marius Knudssøn
  • Martin Arnell
  • Martin Huseby Karlsen
  • Mattias Holmberg
  • Nicolas McBeath
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Patrik Ling
  • Stefan Gauffin

Northern Lights

Christer Magnergård ...
  • Eivind Sars Veddeng
  • Frank Maaø
  • Helge André Martinsen
  • Jesper Ingildsen
  • Jon Masdal
  • Marius Knudssøn
  • Martin Arnell
  • Martin Huseby Karlsen
  • Mattias Holmberg
  • Mattias Montgomery
  • Niclas Gehin
  • Nicolas McBeath
  • Nicolay Dyvik
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Rune Majlund Dahl
  • Simen Mortensen
  • Stefan Gauffin

Northern Lights

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

KONE OYJ with less fundamental stars is reduced to Neutral

KONE OYJ (FI), a company active in the Industrial Machinery industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date May 10, 2019, the closing price was EUR 49.64 and its expected value was estimated at EUR 47.14.

MarketLine Department

Kleemann Hellas SA - Strategy, SWOT and Corporate Finance Report

Kleemann Hellas SA - Strategy, SWOT and Corporate Finance Report Summary Kleemann Hellas SA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Kleemann Hellas S.A. (Kleemann Hellas), a subsidiary of MCA Orbital Global Holdings Ltd, is a manufacturer and supplier of elevating systems and components. The company along with its subsidiaries offers complete lift syste...

MarketLine Department

Cargotec Oyj - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Cargotec Oyj - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments Marketline's Cargotec Oyj Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Cargotec Oyj since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity und...

MarketLine Department

Sennebogen Maschinenfabrik GmbH - Strategy, SWOT and Corporate Finance Report

Sennebogen Maschinenfabrik GmbH - Strategy, SWOT and Corporate Finance Report Summary Sennebogen Maschinenfabrik GmbH - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Sennebogen Maschinenfabrik GmbH (Sennebogen) is a manufacturer of construction equipment. Its product portfolio includes material handling machines, electric excavators, grabs and attachments, craw...

Expert Corporate Governance Service (ECGS)

Kone - February 26, 2019

In general, KONE is in compliance with the Finnish regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEM 10, approval is sought for the remuneration of the board of directors. Although ECGS has no concerns over the fees proposed, it notes that the non-executive chairman of the board Mr. Antti Herlin is entitled to an annual bonus on top of his base salary. In ECGS' view, non-executive directors should not be entitled to any variable payments to safeguard their independence from the company. ECGS therefore recommends to vote OPPOSE. Under ITEM 12, t...

Kone – Proxinvest Corporate Governance Rating ® : D

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Global equities consolidating We remain constructive on global equities as the MSCI ACWI, ACWI ex-U.S., and EAFE indexes consolidate above their respective 200-day moving averages. On the other hand, the MSCI EM index is breaking below its 200-day moving average and is flirting with a breakdown below 56,000 support (local currency). Weakness within EM raises concerns that global equities may also succumb to weakness... see charts below. • Global equities consolidating. We take a look at the big picture, providing overviews on broad MSCI indexes (ACWI, ACWI ex-U.S., and EAFE)... see page 2. ...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Global equities nearing potential resistance Helped by support from global central banks and improving trade headlines, critical support levels have held for major global indexes and therefore our outlook remains constructive. At the same time, just because these indexes are not breaking down does not mean they are headed higher. Rather, we believe global equities remain in a state of purgatory and consolidation is likely to continue as several major indexes approach logical resistance... see charts below and page 2. With global equity markets generally moving sideways, we want to stick with ...

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