The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

SDF.DE

Concerning the House

K+S Aktiengesellschaft, together with its subsidiaries, operates as a supplier of mineral products for the agricultural, industrial, pharma, consumer, and community sectors in Europe, Germany, North America, South America, Asia, Africa, and Oceania. The company offers potassium chloride for crops, such as grain, corn, rice, soybeans, and sugar cane; fertilizer specialties that are used for crops with magnesium and sulfur requirements, including rapeseed, sugar beet, and potatoes, as well as for chloride-sensitive specialty crops such as citrus, grapes, coffee, almond trees, and vegetables; and water-soluble fertilizers for use in fertigation of fruit and vegetables under the KALISOP, KORN-KALI, ROLLKALI, PATENTKALI, ESTA KIESERIT, GRANUAID, MAGNESIA-KAINIT, SOLUMOP, SOLUSOP, SOLUCMS, EPSO TOP, EPSO MICROTOP, EPSO COMBITOP, EPSO PROFITOP, and EPSO BORTOP brands. It also provides soil, fertigation, foliar fertilizers, natural rock salt, high-purity vaccum salt and mineral salt mixtures, potassium chloride, potassium sulphate, Epsom salt, minerals for pets and livestock, potassium, magnesium, salt, salt licks for farm and wild animals, sodium chloride, salt tablets, and vacuum salt granules under the k-DRILL, KaSa, SOLSEL, NUTRIKS, AXAL PRO, REGINET, Regesal, Marina, Marina Plus, Solea, and APISAL brands. In addition, the company offers salts under the Cérébos brand; rock salt under the Solné mlýny Olomouc brand; sea salt under the Vatel and Salinas d'Algarve brands; Saltissimo brands; optimal solutions for their homes under the AXAL Pro and AXAL brand; rock and pink salts under the Saldoro brand; dishwasher salt under the Regesoft brand; and Coarse rock salt under the DI-MIX brand. Further, the company provides waste management; and transportation and logistics services. Aktiengesellschaft was founded in 1889 and is headquartered in Kassel, Germany.

Germany · www.kpluss.com

The Ledger
LineMar 2025Jun 2025Sep 2025Dec 2025
Revenue$964.70M$871.20M$879.10M$932.90M
Gross profit$155.30M-$1.99B$80.00M$635.10M
Operating income$85.00M-$2.09B$10.90M$581.80M
Net income$85.50M-$1.73B$2.30M$570.70M
Diluted EPS0.48-9.680.01
Free cash flow$24.10M-$9.60M$27.60M-$32.00M
CapEx-$137.50M-$112.50M-$133.10M-$179.50M
Quotation

$14.83

+0.33 (+2.3%)

52w hi$18.18
52w lo$10.74
Vol1.02M
As ofAug 13
The Verdict

Hold

Our score -0.37

Short+0.06
Medium-0.46
Long-1.05

computed 2026-08-13

By the Numbers

K+S Aktiengesellschaft

Basic Materials · Agricultural Inputs

Market cap$2.59B
Enterprise value$2.82B
Trailing P/E2.44x
Forward P/E13.67x
EV / EBITDA-2.36x
P / S (ttm)
Profit margin-35.2%
Return on equity-24.2%
Revenue growth+10.0%
Earnings growth
Debt / equity15.41
Risk Metrics
Beta vs SPX-0.06
Corr SPX-0.03
Annual vol34.0%
Annual ret+21.2%
Sharpe0.62
Max DD-34.8%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.19
Sector+0.03
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$14.75$14.75$14.111.02M
Aug 12$14.47$15.20$14.47$14.831.48M
Aug 11$14.55$14.65$14.42$14.50707.38K
Aug 10$14.55$14.55$14.35$14.54774.41K
Aug 7$14.58$14.67$14.35$14.44464.81K