Added to YB: 2025-07-01
Pitch date: 2025-06-29
KNEBV.HE [neutral]
KONE Oyj
+6.4%
current return
Author Info
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Company Info
KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, automatic building doors, and integrated access control solutions, as well as maintenance and modernization solutions.
Market Cap
EUR 29.0B
Pitch Price
EUR 56.28
Price Target
N/A
Dividend
3.21%
EV/EBITDA
17.70
P/E
30.17
EV/Sales
2.55
Sector
Machinery
Category
value
3 Ultra-profitable boring companies - KONE Oyj
KNEBV.HE (quick overview): Finnish elevator manufacturer in global oligopoly (70% market share among top 4). 42% revenue from new installations (0-7% margin), 58% from sticky maintenance/modernization (20-30% margin). Herlin family controls 63% of votes. €30B company with 18%+ ROIC, 36%+ ROCE. Tailwinds: urbanization, aging population.
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