Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Koninklijke Porceleyne Fles N.V. is a Dutch consumer goods company specializing in ceramic and related household products. Headquartered in Delft, the Netherlands, it operates through several distinct segments that cover both decorative and functional items for home and gifting markets. The Royal Delft segment focuses on traditional Delft Blue ornamental earthenware, including vases, plates, and collectible pieces that serve both decorative and commemorative purposes. Through Koninklijke van Kempen & Begeer, the company develops silver and silver-plated cutlery and table utensils. Its BK Cookware activities offer cooking, frying, and roasting pans, as well as broader kitchenware for everyday culinary use. The Leerdam Crystal segment produces functional and decorative crystal objects, such as glassware and art pieces. Koninklijke Porceleyne Fles N.V. also supports its brand visibility and customer engagement via museum, showroom, and hospitality activities in Delft, positioning the company at the intersection of Dutch design, craftsmanship, and premium household products.
14.32% operating margin is respectable but not wide. ROIC at 2.91%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 9.4%, steady but not accelerating. Free cash flow declined 643% despite revenue growth, conversion is weakening.
Free cash flow declined 643% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -€3M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€10M
▲ +9.4% YoY
Net Income (TTM)
€686K
▲ +3218.2% YoY
Op. Margin
14.32%
▲ +9.7pp YoY
ROIC
2.91%
▲ +2.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€3M
▼ -643.0% YoY
Op. Cash Flow (TTM)
-€2M
▼ -204.5% YoY
Net Debt
€15M
Cash & Equiv.
€895K
3Y CAGR: +10.3%
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