Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Koenig & Bauer AGWBO:SKB -0.58%56 WACC % is 2.64% as of Jul. 22, 2026, which is 64% below its 10-year median of 7.24. GuruFocus rates WBO:SKB with a GF Score™ of 56/100 and a GF Value™ of €12.80 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 3,089 Industrial Products companies, Koenig & Bauer AG ranks better than 94.53% on this metric.
As of today (2026-07-22), Koenig & Bauer AG's weighted average cost of capital is 2.64%%. Koenig & Bauer AG's ROIC % is 0.00% (calculated using TTM income statement data).
Koenig & Bauer AG earns returns that do not match up to its cost of capital. It will destroy value as it grows.
For a comprehensive WACC calculation, please access the WACC Calculator.
Koenig & Bauer AG (WBO:SKB) WACC % Explanation
Because it costs money to raise capital. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Koenig & Bauer AG's weighted average cost of capital is 2.64%%. Koenig & Bauer AG's ROIC % is 0.00% (calculated using TTM income statement data).
Koenig & Bauer AG earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.
2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.
3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
Related Terms
Koenig & Bauer AG WACC % Historical Data
* Premium members only.
The historical data trend for Koenig & Bauer AG's WACC % 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.
For the Specialty Industrial Machinery subindustry, Koenig & Bauer AG's WACC %, along with its competitors' market caps and WACC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Koenig & Bauer AG WACC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Koenig & Bauer AG's WACC % distribution charts can be found below:
* The bar in red indicates where Koenig & Bauer AG's WACC % falls into.
The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.
WACC
=
E
/
(E + D)
*
Cost of Equity
+
D
/
(E + D)
*
Cost of Debt
*
(1 - Tax Rate)
1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, Koenig & Bauer AG's market capitalization (E) is €138.147 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2026, Koenig & Bauer AG's latest one-year quarterly average Book Value of Debt (D) is €273.76 Mil.
a) weight of equity = E / (E + D) = 138.147 / (138.147 + 273.76) = 0.3354
b) weight of debt = D / (E + D) = 273.76 / (138.147 + 273.76) = 0.6646
2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 2.97%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. Koenig & Bauer AG's beta is 0.8168.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 2.97% + 0.8168 * 6% = 7.8708%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
As of Mar. 2026, Koenig & Bauer AG's interest expense (positive number) was €22.2 Mil. Its total Book Value of Debt (D) is €273.76 Mil.
Cost of Debt = 22.2 / 273.76 = 8.1093%.
4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 21.3 / 3.4 = 626.47%, which is higher than 100%. Therefore it's set to 100%.
Koenig & Bauer AG's Weighted Average Cost Of Capital (WACC) for Today is calculated as:
WACC
=
E / (E + D)
*
Cost of Equity
+
D / (E + D)
*
Cost of Debt
*
(1 - Tax Rate)
=
0.3354
*
7.8708%
+
0.6646
*
8.1093%
*
(1 - 100%)
=
2.64%
* 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.
Koenig & Bauer AG (WBO:SKB) has a WACC % of 2.64% as of Jul. 22, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Koenig & Bauer AG and its competitors. This is 64% below median its historical median of 7.24. Over the past decade, Koenig & Bauer AG's WACC % has ranged from 2.57 to 10.15. According to the industry distribution chart, Koenig & Bauer AG ranks #169 out of 3089 companies in the Industrial Products industry, placing it in the top 5.5%.
Is Koenig & Bauer AG's WACC % too high?
Koenig & Bauer AG's current WACC % of 2.64% is 64% below median its 10-year median of 7.24. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 10.15. The Industrial Products industry median WACC % is 9.68. Koenig & Bauer AG's value of 2.64% is 72.7% below this industry median. Based on the distribution chart, Koenig & Bauer AG ranks #169 out of 3089 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Koenig & Bauer AG has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Koenig & Bauer AG's WACC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Koenig & Bauer AG ranks #169 out of 3089 companies for WACC %. This places Koenig & Bauer AG in the top 6% of its industry — outperforming the majority of peers. The industry median WACC % is 9.68. Koenig & Bauer AG's value of 2.64% is 72.7% below this benchmark. Historically, Koenig & Bauer AG's own WACC % has ranged from 2.57 to 10.15 over the past decade. While the company's 10-year median is 7.24 vs. the industry median of 9.68, Koenig & Bauer AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good WACC % for an Industrial Products company?
The median WACC % among Industrial Products companies is 9.68, based on 3,089 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Koenig & Bauer AG's current WACC % of 2.64% is 72.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Koenig & Bauer AG and its competitors. For the Industrial Products industry, the median WACC % is 9.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koenig & Bauer AG's current WACC % is 2.64%, which is 64% below median its own 10-year median of 7.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koenig & Bauer AG stock overvalued right now?
Based on GuruFocus' analysis, Koenig & Bauer AG (WBO:SKB) is currently considered Possible Value Trap. The stock's GF Value™ is €12.80, compared to a current price of €8.63 — trading 32.6% below its estimated fair value. The current WACC % is 2.64%, which is 64% below median its 10-year median of 7.24 and 72.7% below the Industrial Products industry median of 9.68. Koenig & Bauer AG's overall GF Score™ is 56/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is WACC % calculated?
WACC % is calculated from a company's financial statements. For Koenig & Bauer AG (WBO:SKB), the current WACC % is 2.64% as of Jul. 22, 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 Koenig & Bauer AG (WBO:SKB) Overvalued in 2026?
Based on GuruFocus' analysis, Koenig & Bauer AG stock appears to be undervalued.
The current stock price of €8.63 is trading 32.6% below its estimated GF Value™ of €12.80.
GuruFocus considers Koenig & Bauer AG to be Possible Value Trap.
Key valuation signals for WBO:SKB:
WACC %: 2.64% (64% below median its 10-year median of 7.24)
GF Value™: €12.80 vs. price of €8.63 (32.6% below fair value)
Industry Position: 72.7% below the Industrial Products median (#169 of 3089)
No single metric tells the full story. See the WBO:SKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koenig & Bauer AG is engaged in the manufacturing and distribution of sheetfed offset, digital, web offset, and special printing presses. It operates sheetfed offset for packaging, commercial, book, as well as workflow solutions. It also provides digital and offset web presses for newspaper, commercial, and industrial printing. In addition, the company provides special presses for banknote and security printing, systems for industrial coding technology, and special machines for printing packaging made of metal, film, and other plastic, as well as glass. The firm has business segments, namely Paper & Packaging Sheetfed Systems (P&P) and Special & New Technologies (S&T). while generating the majority of its revenue from the Paper & Packaging Sheetfed Systems (P&P) segment.
56GF Score
Get the complete analysis for WBO:SKB
WACC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:SKB has been successfully added to your 
