WinstonWınston
Konecranes logo

Konecranes

KCR.HE
58
Industrial - Machinery · Industrials
Exchange
NASDAQ Helsinki
Winston Score
58
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 9, 2026 · filings through Jun 30, 2026

Konecranes is a Finnish company that makes cranes and lifting equipment used in factories, shipyards, ports, and warehouses around the world. Its main products include industrial cranes, hoists, and port cranes, sold to customers in manufacturing, shipping, and logistics. Konecranes is one of the largest crane manufacturers in the world and also owns a large service business that maintains lifting equipment made by many different brands.

The company earns money two ways: selling new equipment and charging ongoing fees to service and repair cranes over their long lifetimes. It operates globally, with strong presence in Europe, the Americas, and Asia, and generates roughly €4 billion in annual revenue. The service business creates a reliable, recurring revenue stream that competitors find hard to displace once equipment is installed. The key growth driver is demand for automated port and warehouse cranes, though slowing industrial investment in Europe remains a meaningful risk to near-term order volumes.

Winston Score History

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
58.5%
Premium pricing power — 58.5% gross margin
Operating Margin
11.7%
Modest — 11.7% operating margin
ROCE
4.9%
Weak — 4.9% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
-5.5%
Shrinking sales (-5.5% YoY)
EPS YoY
-0.6%
Earnings shrinking (-0.6% YoY)

Slight earnings drop. Typical near a cyclical low.

EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
107%
Turns 107% of profit into real cash
FCF Margin
8.7%
Modest free cash flow (8.7%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
0.20
Conservative — low debt load (0.20)
Interest Cover
11.83x
Comfortably covers interest (11.8x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
17.2x
no trend
Fair value — P/E 17.2

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

P/E vs Forward
+5.0
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (17.2 → 12.1)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield
8.22%
no trend
Healthy income — 8.22% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend Growth
+68.7%
no trend
Dividend growing fast (68.7% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial