Kellanova Statistics

Share Statistics

Kellanova has 347.67M shares outstanding. The number of shares has increased by 0.87% in one year.

Shares Outstanding	347.67M
Shares Change (YoY)	0.87%
Shares Change (QoQ)	0.5%
Owned by Institutions (%)	80.42%
Shares Floating	298.52M
Failed to Deliver (FTD) Shares	99
FTD / Avg. Volume	n/a

Short Selling Information

The latest short interest is 10.47M, so 3.04% of the outstanding shares have been sold short.

Short Interest	10.47M
Short % of Shares Out	3.04%
Short % of Float	3.67%
Short Ratio (days to cover)	3.47

Valuation Ratios

The PE ratio is 20.73 and the forward PE ratio is 21.07. Kellanova's PEG ratio is 0.51.

PE Ratio	20.73
Forward PE	21.07
PS Ratio	2.18
Forward PS	2.1
PB Ratio	7.38
P/FCF Ratio	24.59
PEG Ratio	0.51

Financial Ratio History

Enterprise Valuation

Kellanova has an Enterprise Value (EV) of 33.49B.

EV / Sales	2.63
EV / EBITDA	14.1
EV / EBIT	19.03
EV / FCF	29.58

Financial Position

The company has a current ratio of 0.81, with a Debt / Equity ratio of 1.68.

Current Ratio	0.81
Quick Ratio	0.56
Debt / Equity	1.68
Debt / EBITDA	2.67
Debt / FCF	5.6
Interest Coverage	5.71

Financial Efficiency

Return on Equity is 35.58% and Return on Invested Capital is 13.94%.

Return on Equity	35.58%
Return on Assets	8.59%
Return on Invested Capital	13.94%
Revenue Per Employee	$531.21K
Profits Per Employee	$55.96K
Employee Count	24,000
Asset Turnover	0.82
Inventory Turnover	6.92

Taxes

Income Tax	304M
Effective Tax Rate	18.31%

Stock Price Statistics

The stock price has increased by 8.3% in the last 52 weeks. The beta is 0.28, so Kellanova's price volatility has been higher than the market average.

Beta	0.28
52-Week Price Change	8.3%
50-Day Moving Average	80.11
200-Day Moving Average	81.34
Relative Strength Index (RSI)	52.6
Average Volume (20 Days)	3,566,050

Income Statement

In the last 12 months, Kellanova had revenue of 12.75B and earned 1.34B in profits. Earnings per share was 3.92.

Revenue	12.75B
Gross Profit	4.69B
Operating Income	2.02B
Net Income	1.34B
EBITDA	2.38B
EBIT	2.01B
Earnings Per Share (EPS)	3.92

Full Income Statement

Balance Sheet

The company has 694M in cash and 6.34B in debt, giving a net cash position of -5.65B.

Cash & Cash Equivalents	694M
Total Debt	6.34B
Net Cash	-5.65B
Retained Earnings	9.36B
Total Assets	15.87B
Working Capital	-1.71B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.76B and capital expenditures 0, giving a free cash flow of 1.13B.

Operating Cash Flow	1.76B
Capital Expenditures	n/a
Free Cash Flow	1.13B
FCF Per Share	3.3

Full Cash Flow Statement

Margins

Gross margin is 36.78%, with operating and profit margins of 15.86% and 10.53%.

Gross Margin	36.78%
Operating Margin	15.86%
Pretax Margin	13.02%
Profit Margin	10.53%
EBITDA Margin	18.63%
EBIT Margin	15.86%
FCF Margin	8.88%

Dividends & Yields

K pays an annual dividend of $2.86, which amounts to a dividend yield of 2.86%.

Dividend Per Share	$2.86
Dividend Yield	2.86%
Dividend Growth (YoY)	1.79%
Payout Ratio	74.87%
Earnings Yield	4.82%
FCF Yield	4.07%

Dividend Details

Analyst Forecast

The average price target for K is $83.5, which is 4.2% higher than the current price. The consensus rating is "Hold".

Price Target	$83.5
Price Target Difference	4.2%
Analyst Consensus	Hold
Analyst Count	9

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$19.6
Lynch Upside	-75.54%
Graham Number	31.14
Graham Upside	-61.14%

Stock Splits

The last stock split was on Oct 2, 2023. It was a forward split with a ratio of 213:200.

Last Split Date	Oct 2, 2023
Split Type	forward
Split Ratio	213:200

Scores

Altman Z-Score	3.34
Piotroski F-Score	6

Kellanova (K)