Kadant Statistics

Share Statistics

Kadant has 11.78M shares outstanding. The number of shares has increased by 0.27% in one year.

Shares Outstanding	11.78M
Shares Change (YoY)	0.27%
Shares Change (QoQ)	0%
Owned by Institutions (%)	99.99%
Shares Floating	11.65M
Failed to Deliver (FTD) Shares	185
FTD / Avg. Volume	0.16%

Short Selling Information

The latest short interest is 1.59M, so 13.48% of the outstanding shares have been sold short.

Short Interest	1.59M
Short % of Shares Out	13.48%
Short % of Float	21.63%
Short Ratio (days to cover)	13.7

Valuation Ratios

The PE ratio is 36.9 and the forward PE ratio is 31.45. Kadant's PEG ratio is -8.93.

PE Ratio	36.9
Forward PE	31.45
PS Ratio	3.91
Forward PS	3.6
PB Ratio	4.86
P/FCF Ratio	30.67
PEG Ratio	-8.93

Financial Ratio History

Enterprise Valuation

Kadant has an Enterprise Value (EV) of 4.31B.

EV / Sales	4.09
EV / EBITDA	25.18
EV / EBIT	27.77
EV / FCF	32.12

Financial Position

The company has a current ratio of 2.31, with a Debt / Equity ratio of 0.34.

Current Ratio	2.31
Quick Ratio	1.55
Debt / Equity	0.34
Debt / EBITDA	1.68
Debt / FCF	2.15
Interest Coverage	8.55

Financial Efficiency

Return on Equity is 13.17% and Return on Invested Capital is 10.14%.

Return on Equity	13.17%
Return on Assets	7.8%
Return on Invested Capital	10.14%
Revenue Per Employee	$300.97K
Profits Per Employee	$31.89K
Employee Count	3,500
Asset Turnover	0.74
Inventory Turnover	4.02

Taxes

Income Tax	40.52M
Effective Tax Rate	26.47%

Stock Price Statistics

The stock price has increased by 13% in the last 52 weeks. The beta is 1.25, so Kadant's price volatility has been higher than the market average.

Beta	1.25
52-Week Price Change	13%
50-Day Moving Average	324.89
200-Day Moving Average	345.58
Relative Strength Index (RSI)	47.8
Average Volume (20 Days)	119,164

Income Statement

In the last 12 months, Kadant had revenue of 1.05B and earned 111.6M in profits. Earnings per share was 9.51.

Revenue	1.05B
Gross Profit	466.15M
Operating Income	171.25M
Net Income	111.6M
EBITDA	171.25M
EBIT	173.1M
Earnings Per Share (EPS)	9.51

Full Income Statement

Balance Sheet

The company has 94.66M in cash and 288.53M in debt, giving a net cash position of -193.87M.

Cash & Cash Equivalents	94.66M
Total Debt	288.53M
Net Cash	-193.87M
Retained Earnings	859.69M
Total Assets	1.36B
Working Capital	365.81M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 155.26M and capital expenditures -21M, giving a free cash flow of 134.26M.

Operating Cash Flow	155.26M
Capital Expenditures	-21M
Free Cash Flow	134.26M
FCF Per Share	11.44

Full Cash Flow Statement

Margins

Gross margin is 44.25%, with operating and profit margins of 16.26% and 10.59%.

Gross Margin	44.25%
Operating Margin	16.26%
Pretax Margin	14.53%
Profit Margin	10.59%
EBITDA Margin	16.26%
EBIT Margin	16.26%
FCF Margin	12.75%

Dividends & Yields

KAI pays an annual dividend of $1.64, which amounts to a dividend yield of 0.39%.

Dividend Per Share	$1.64
Dividend Yield	0.39%
Dividend Growth (YoY)	10.34%
Payout Ratio	18.24%
Earnings Yield	2.71%
FCF Yield	3.26%

Dividend Details

Analyst Forecast

The average price target for KAI is $340, which is 3.6% higher than the current price. The consensus rating is "Hold".

Price Target	$340
Price Target Difference	3.6%
Analyst Consensus	Hold
Analyst Count	2

Stock Forecasts

Fair Value

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

Lynch Fair Value	$138.94
Lynch Upside	-57.64%
Graham Number	124.24
Graham Upside	-62.13%

Stock Splits

The last stock split was on Jul 12, 2001. It was a backward split with a ratio of 1:5.

Last Split Date	Jul 12, 2001
Split Type	backward
Split Ratio	1:5

Scores

Altman Z-Score	5.64
Piotroski F-Score	7

Kadant Inc. (KAI)