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Kone

55.02 EUR

-0.58 %

16,465 following

KNEBV

NASDAQ Helsinki

Industrial Goods & Services

Industrials

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Financials & Estimates
Dividend
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-0.58 %
-13.14 %
-9.15 %
-8.85 %
-4.97 %
+5.08 %
+18.81 %
-19.94 %
+871.44 %

Kone is a manufacturer of elevators, escalators and automatic doors. Other related products and systems provided by the company include barriers, docking systems and traffic gates. The company's products are sold in all global regions through authorized distributors. Kone was founded in 1910 and is headquartered in Espoo.

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Market cap
29.13B EUR
Turnover
33.25M EUR
P/E (adj.) (26e)
25.09
EV/EBIT (adj.) (26e)
18.51
P/B (26e)
9.53
EV/S (26e)
2.36
Dividend yield-% (26e)
3.54 %
Coverage
Recommendation
Reduce
Target price
56.00 EUR
Updated
09.02.2026
Aapeli Pursimo
Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 09.02.2026

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29.4
2026

Interim report Q1'26

22.7
2026

Interim report Q2'26

28.10
2026

Interim report Q3'26

Risk
Business risk
Valuation risk
Low
High
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Research
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Press releases
ShowingAll content types
KONEs og TK Elevators rygtede fusionsdrømme står over for en stenet vej fra Schindlers side
Analyst Comment3/25/2026, 7:06 AM by
Aapeli Pursimo

KONEs og TK Elevators rygtede fusionsdrømme står over for en stenet vej fra Schindlers side

Reuters rapporterede i går, at Schindler er klar til at indgive den rygtede fusion mellem KONE og TK Elevator til konkurrencemyndighederne.

Kone
Bloomberg: KONE drøfter køb af TK Elevator
Analyst Comment3/17/2026, 6:26 AM by
Antti Viljakainen

Bloomberg: KONE drøfter køb af TK Elevator

Ifølge nyheder fra Bloomberg og Reuters undersøger KONE mulighederne for at afgive et bud på TK Elevator (tidligere Thyssen Elevator), som der også har været rygter om en børsnotering af. Sagen var også på tale sidste efterår og i 2020, hvor KONE dog trak sig fra forhandlingerne, og selskabet endte med at blive solgt til et konsortium af kapitalfonde. Efter vores opfattelse ligner situationen den tidligere, og vi ser derfor klare fordele ved en fusion, men risiciene er efter vores mening stort set uændrede.

Kone
Regulatory press release3/5/2026, 1:00 PM

KONE Oyj: Decisions by the Board of Directors

Kone

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Regulatory press release3/5/2026, 11:30 AM

KONE Oyj: Decisions taken by KONE Corporation's Annual General Meeting

Kone
KONE Q4’25: In line with expectations7:34
Video2/18/2026, 12:54 PM by
Aapeli Pursimo, Isa Hudd

KONE Q4’25: In line with expectations

Kone’s Q4 results were in line with expectations, while orders received exceeded forecasts.

Kone
KONE rygtes at være interesseret i at øge sin ejerandel i Toshiba Elevator
Analyst Comment2/18/2026, 5:34 AM by
Aapeli Pursimo

KONE rygtes at være interesseret i at øge sin ejerandel i Toshiba Elevator

Ifølge en nyhed fra Bloomberg overvejer Toshiba i øjeblikket at reducere sin ejerandel i sin elevatorforretning, og KONE har i denne forbindelse foreløbigt indikeret interesse i at øge sin ejerandel.

Kone
Regulatory press release2/9/2026, 2:45 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Tomio Pihkala

Kone
Regulatory press release2/9/2026, 2:40 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Ilkka Hara

Kone
Regulatory press release2/9/2026, 2:35 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Kenneth Schmid

Kone
Regulatory press release2/9/2026, 2:30 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Karla Lindahl

Kone
Regulatory press release2/9/2026, 2:25 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Samer Halabi

Kone
Regulatory press release2/9/2026, 2:20 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Johannes Frände

Kone
Regulatory press release2/9/2026, 2:15 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Nicolas Alchal

Kone
Regulatory press release2/9/2026, 2:10 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Mikko Korte

Kone
Regulatory press release2/9/2026, 2:05 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Joe Bao

Kone
Regulatory press release2/9/2026, 2:00 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Kaija Bridger

Kone
Regulatory press release2/9/2026, 1:55 PM

KONE Oyj: KONE Corporation's long-term incentive plan: transfer of shares and change in holding of treasury shares

Kone
KONE Q4'25: Smooth ride, elevated price tag
Research2/9/2026, 1:42 PM by
Aapeli Pursimo

KONE Q4'25: Smooth ride, elevated price tag

The company's Q4 result was in line with expectations, while orders received exceeded forecasts.

Kone
KONE Q4’25 - kort kommentar: Positiv margin- og ordreudvikling fortsatte
Analyst Comment2/6/2026, 7:26 AM by
Aapeli Pursimo

KONE Q4’25 - kort kommentar: Positiv margin- og ordreudvikling fortsatte

Regnskabsmeddelelsen for 4. kvartal var ganske godt i overensstemmelse med både vores og konsensus' forventninger, mens de modtagne ordrer oversteg forventningerne.

Kone
Regulatory press release2/6/2026, 7:00 AM

KONE Oyj: The Board of Directors of KONE Corporation decided on new performance periods for the long-term incentive plans

Kone
Forum discussions
Kone is once again rumored to be after Thyssen’s elevators. Indeed, in 2020 they went to private equity investors for 17 billion EUR, now there is talk of 25 billion USD, i.e., just under 22 billion USD. Earlier in the autumn, there was still talk of 28–31 billion EUR. Bloomberg:...
3/16/2026, 5:47 PM
by Opa
13
Toshiba is reportedly considering reducing its stake in its elevator unit, Toshiba Elevator and Building Systems. Kone is a strong candidate for the acquisition, as it already owns about a fifth of the unit. The Bloomberg article is behind a paywall. Kone has no business operations...
2/17/2026, 12:29 PM
by Ilkka
13
Here are Viljakainen’s comments on reports from Bloomberg and Reuters that KONE might be looking to acquire TK Elevator. According to news from Bloomberg and Reuters, KONE is exploring the possibility of making an offer for TK Elevator (formerly Thyssen Elevator), which has also ...
3/17/2026, 6:33 AM
by Sijoittaja-alokas
9
The transition toward becoming a maintenance and service company is progressing. There are fewer and fewer markets for the new equipment business while the Chinese economy is stalled, and India and others are unable to compensate for it. Is Kone gradually becoming a globally operating...
2/9/2026, 7:09 PM
by Logitech
8
Here are Aapeli’s fresh comments regarding the rumored merger of KONE and TK Elevator. Inderes KONEen ja TK Elevatorin huhutuille yhdistymishaaveille tiedossa kivinen polku... Reuters uutisoi eilen Schindlerin olevan valmis viemään huhuissa olevan KONEen ja TK Elevatorin fuusion ...
3/25/2026, 7:50 AM
by Sijoittaja-alokas
6
Here are Aapeli’s comments regarding the rumors that KONE is interested in increasing its stake in Toshiba. According to a Bloomberg report, Toshiba is currently considering reducing its stake in its elevator unit, and KONE has reportedly expressed preliminary interest in increasing...
2/18/2026, 6:17 AM
by Sijoittaja-alokas
5
Quite a lot of whining and threatening from the Swiss boys, unfair, breaking market hegemony… Even disruption… Well, competitive situations are examined by market area and divestments are ordered. But public threatening everywhere is a clown show. Of course, another matter is the...
3/25/2026, 8:26 AM
by Opa
4
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