KION GROUP AG (MEX:KGX N) Research & Development: MXN5,034 Mil (TTM As of Mar. 2026)


MEX:KGX N KION GROUP AG MEX:KGX N
67 GF Score
Price MXN981.12
GF Value MXN1,084.15
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is KION GROUP AG Research & Development?

KION GROUP AG MEX:KGX N 67 Research & Development is MXN5,034 Mil as of Mar. 2026. GuruFocus rates MEX:KGX N with a GF Score™ of 67/100 and a GF Value™ of MXN1,084.15 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. KION GROUP AG's Research & Development for the three months ended in Mar. 2026 was MXN1,165 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN5,034 Mil.


KION GROUP AG  (MEX:KGX N) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


KION GROUP AG Research & Development Related Terms


KION GROUP AG Research & Development Historical Data

* Premium members only.

The historical data trend for KION GROUP AG's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

KION GROUP AG Research & Development Chart

KION GROUP AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,049.49 4,198.66 4,351.85 5,669.26 5,469.18

KION GROUP AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,747.24 1,385.59 1,306.92 1,176.49 1,165.35
MEX:KGX N
67GF Score
KION GROUP AG MEX:KGX N
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KION GROUP AG Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN5,034 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN5,034 Mil mean?
KION GROUP AG (MEX:KGX N) has a Research & Development of MXN5,034 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on KION GROUP AG and its competitors.
Is KION GROUP AG's Research & Development too high?
KION GROUP AG's current Research & Development is MXN5,034 Mil. Overall, KION GROUP AG has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KION GROUP AG's Research & Development compare to CAT and DE?
KION GROUP AG's Research & Development of MXN5,034 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Farm & Heavy Construction Machinery company?
A good Research & Development depends on the Farm & Heavy Construction Machinery industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on KION GROUP AG and its competitors. KION GROUP AG's current Research & Development is MXN5,034 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KION GROUP AG stock overvalued right now?
Based on GuruFocus' analysis, KION GROUP AG (MEX:KGX N) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,084.15, compared to a current price of MXN981.12 — trading 9.5% below its estimated fair value. The current Research & Development is MXN5,034 Mil. KION GROUP AG's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For KION GROUP AG (MEX:KGX N), the current Research & Development is MXN5,034 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is KION GROUP AG (MEX:KGX N) Overvalued in 2026?

Based on GuruFocus' analysis, KION GROUP AG stock appears to be undervalued. The current stock price of MXN981.12 is trading 9.5% below its estimated GF Value™ of MXN1,084.15. GuruFocus considers KION GROUP AG to be Modestly Undervalued.

Key valuation signals for MEX:KGX N:

  • Research & Development: MXN5,034 Mil
  • GF Value™: MXN1,084.15 vs. price of MXN981.12 (9.5% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the MEX:KGX N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KION GROUP AG Business Description

Address Thea-Rasche-Strasse 8, Frankfurt am Main, HE, DEU, 60549
KION GROUP AG is a provider of industrial trucks and supply chain solutions. Its portfolio encompasses industrial trucks, such as forklift trucks and warehouse trucks, as well as integrated automation technology and software solutions for the optimization of supply chains, including all related services. The company's segment include: Industrial Trucks & Services, Supply Chain Solutions, and Corporate Services. of which it derives maximum revenue from Industrial Trucks & Services. Geographically, it operates in EMEA (western Europe, eastern Europe, Middle East, and Africa), Americas (North America, Central and South America), and APAC (China, and APAC excluding China), of which it derives maximum revenue from EMEA (western Europe, eastern Europe, Middle East, and Africa).
67GF Score

Get the complete analysis for MEX:KGX N

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN981.12
Price
MXN1,084.15
GF Value