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KLX

DB:2KX
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2KX
DB
$3B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

KLX Inc., together with its subsidiaries, provides aerospace fasteners, consumables, and logistics services worldwide. The last earnings update was 42 days ago. More info.


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2KX Share Price and Events
Price Volatility
2KX
Industry
5yr Volatility vs Market

2KX Value

 Is KLX undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of KLX to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for KLX.

DB:2KX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:2KX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.662 (1 + (1- 21%) (37.1%))
0.856
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (0.856 * 9.46%)
8.63%

Discounted Cash Flow Calculation for DB:2KX using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for KLX is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:2KX DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 196.00 201.00 200.00 209.66 219.78
Source Analyst x1 Analyst x1 Analyst x1 Est @ 4.83% Est @ 4.83%
Present Value
Discounted (@ 8.63%)
180.42 170.32 156.00 150.54 145.26
Present value of next 5 years cash flows $802.54
DB:2KX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $219.78 × (1 + 0.54%) ÷ (8.63% – 0.54%)
$2,730.54
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $2,730.54 ÷ (1 + 8.63%)5
$1,804.70
DB:2KX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $802.54 + $1,804.70
$2,607.24
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,607.24 / 50.75
$44.71
DB:2KX Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:2KX represents 0.8703x of NasdaqGS:KLXI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.8703x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 51.38 x 0.8703
€44.71
Value per share (EUR) From above. €44.71
Current discount Discount to share price of €54.82
= -1 x (€54.82 - €44.71) / €44.71
-22.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of KLX is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for KLX's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are KLX's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2KX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-07-31) in USD $1.61
NasdaqGS:KLXI Share Price ** NasdaqGS (2018-10-08) in USD $62.99
Europe Aerospace & Defense Industry PE Ratio Median Figure of 28 Publicly-Listed Aerospace & Defense Companies 21.99x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 18.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of KLX.

DB:2KX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:KLXI Share Price ÷ EPS (both in USD)

= 62.99 ÷ 1.61

39.02x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • KLX is overvalued based on earnings compared to the Europe Aerospace & Defense industry average.
  • KLX is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does KLX's expected growth come at a high price?
Raw Data
DB:2KX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 39.02x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
31.5%per year
Europe Aerospace & Defense Industry PEG Ratio Median Figure of 25 Publicly-Listed Aerospace & Defense Companies 1.51x
Germany Market PEG Ratio Median Figure of 275 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

DB:2KX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 39.02x ÷ 31.5%

1.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • KLX is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on KLX's assets?
Raw Data
DB:2KX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-07-31) in USD $45.66
NasdaqGS:KLXI Share Price * NasdaqGS (2018-10-08) in USD $62.99
Europe Aerospace & Defense Industry PB Ratio Median Figure of 42 Publicly-Listed Aerospace & Defense Companies 2.18x
Germany Market PB Ratio Median Figure of 580 Publicly-Listed Companies 1.96x
DB:2KX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:KLXI Share Price ÷ Book Value per Share (both in USD)

= 62.99 ÷ 45.66

1.38x

* Primary Listing of KLX.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • KLX is good value based on assets compared to the Europe Aerospace & Defense industry average.
X
Value checks
We assess KLX's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. KLX has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

2KX Future Performance

 How is KLX expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is KLX expected to grow at an attractive rate?
  • KLX's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • KLX's earnings growth is expected to exceed the Germany market average.
  • KLX's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:2KX Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:2KX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 31.5%
DB:2KX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 5.4%
Europe Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 17.4%
Europe Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:2KX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2KX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-01-31 2,195 240 209 1
2020-01-31 2,138 241 196 2
2019-01-31 2,000 271 147 1
DB:2KX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-07-31 1,925 282 81
2018-04-30 1,829 260 67
2018-01-31 1,741 207 53
2017-10-31 1,672 152 83
2017-07-31 1,604 127 77
2017-04-30 1,553 130 64
2017-01-31 1,494 151 48
2016-10-31 1,479 159 20
2016-07-31 1,455 164 -401
2016-04-30 1,489 152 -401
2016-01-31 1,567 217 -386

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • KLX's earnings are expected to grow significantly at over 20% yearly.
  • KLX's revenue is expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:2KX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from KLX Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2KX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-01-31 4.23 4.23 4.23 1.00
2020-01-31 3.88 3.93 3.83 2.00
2019-01-31 2.94 2.94 2.94 1.00
DB:2KX Past Financials Data
Date (Data in USD Millions) EPS *
2018-07-31 1.61
2018-04-30 1.33
2018-01-31 1.06
2017-10-31 1.63
2017-07-31 1.50
2017-04-30 1.24
2017-01-31 0.93
2016-10-31 0.38
2016-07-31 -7.70
2016-04-30 -7.69
2016-01-31 -7.39

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if KLX will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess KLX's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
KLX has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

2KX Past Performance

  How has KLX performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare KLX's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • KLX's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • KLX's 1-year earnings growth exceeds its 5-year average (5.2% vs -13.1%)
  • KLX's earnings growth has exceeded the Europe Aerospace & Defense industry average in the past year (5.2% vs 1.3%).
Earnings and Revenue History
KLX's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from KLX Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2KX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-07-31 1,925.20 80.80 294.00
2018-04-30 1,828.60 66.70 274.60
2018-01-31 1,740.80 53.40 260.70
2017-10-31 1,672.00 82.80 251.90
2017-07-31 1,604.30 76.80 248.80
2017-04-30 1,552.60 64.10 242.60
2017-01-31 1,494.10 48.20 238.60
2016-10-31 1,478.90 20.00 216.50
2016-07-31 1,454.90 -400.60 220.10
2016-04-30 1,488.70 -401.20 224.60
2016-01-31 1,567.40 -385.80 224.40
2015-01-31 1,596.00 85.20 232.80
2014-12-31 1,695.70 88.10 200.60
2014-09-30 1,579.40 154.40 192.20
2014-06-30 1,447.10 160.30 175.80
2014-03-31 1,339.35 154.65 159.05
2013-12-31 1,291.60 150.40 180.30
2012-12-31 1,180.70 136.90 159.30
2011-12-31 947.30 116.50 129.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • KLX has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • KLX used its assets less efficiently than the Europe Aerospace & Defense industry average last year based on Return on Assets.
  • KLX has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess KLX's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
KLX has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

2KX Health

 How is KLX's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up KLX's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • KLX is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • KLX's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of KLX's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from KLX Company Filings, last reported 2 months ago.

DB:2KX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-07-31 2,319.60 1,185.90 322.70
2018-04-30 2,293.60 1,185.20 298.40
2018-01-31 2,269.90 1,184.60 255.30
2017-10-31 2,257.50 1,183.90 287.50
2017-07-31 2,281.40 1,183.20 275.80
2017-04-30 2,237.00 1,182.60 269.10
2017-01-31 2,221.10 1,182.00 277.30
2016-10-31 2,237.50 1,181.30 297.70
2016-07-31 2,228.30 1,180.70 250.40
2016-04-30 2,234.00 1,180.10 449.00
2016-01-31 2,202.50 1,179.50 427.80
2015-01-31 2,601.10 1,177.20 447.20
2014-12-31 2,620.30 1,200.00 470.80
2014-09-30 3,389.90 0.00 37.20
2014-06-30 3,397.80 0.00 41.80
2014-03-31 2,798.70 0.00 78.60
2013-12-31 2,798.70 0.00 78.60
2012-12-31 2,635.50 0.00 36.30
2011-12-31
  • KLX's level of debt (51.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 51.1% today).
  • Debt is well covered by operating cash flow (23.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.2x coverage).
X
Financial health checks
We assess KLX's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. KLX has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

2KX Dividends

 What is KLX's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from KLX dividends.
If you bought €2,000 of KLX shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate KLX's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate KLX's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:2KX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Europe Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 26 Stocks 1.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:2KX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-01-31
2020-01-31
2019-01-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as KLX has not reported any payouts.
  • Unable to verify if KLX's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of KLX's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as KLX has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess KLX's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can KLX afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. KLX has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

2KX Management

 What is the CEO of KLX's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Amin Khoury, image provided by Google.
Amin Khoury
COMPENSATION $7,282,381
AGE 79
TENURE AS CEO 3.8 years
CEO Bio

Mr. Amin J. Khoury has been the Chairman and Chief Executive Officer at KLX Inc. since December 2014. Mr. Khoury serves as an Advisor at D2K Equity Partners, LLC. Mr. Khoury co-founded B/E Aerospace Inc., in July 1987 and served as its Executive Chairman of the Board since December 17, 2014 until April 13, 2017. He served as the Chairman of B/E Aerospace Inc., July 1987. He served as the Chief Executive Officer at B/E Aerospace Inc. from July 1987 to April 1, 1996 and again from December 31, 2005 to December 31, 2013. Mr. Khoury also served as the Co-Chief Executive Officer of B/E Aerospace from January 1, 2014 to December 16, 2014. He founded Taghleef Industries Inc (formerly Applied Extrusion Technologies Inc.) and served as its Chairman from October 1986 to March 2005, Chief Executive Officer since October 2002 and President from August 1988 to November 1992. He co-founded Advanced Thermal Sciences Corporation and served as its Chief Executive Officer since July 2000. He serves as the Chairman of Advanced Thermal Sciences Corporation. He has been a Director at KLX Inc. since July 2014. He served as a Director of Advanced Thermal Sciences Corporation. He served as an Independent Director of Brooks Automation Inc., from July 1994 to May 17, 2006 and its Lead Independent Director until May 17, 2006. He served as a Non-Executive Director at Synthes Inc., from 1986 to April 2012. He served as a Director at Johnson & Johnson. He served as a Director of B/E Aerospace Inc. since 1987 until April 13, 2017. He served as a Director of Taghleef Industries Inc., since October 1986. He has been a Trustee of the Scripps Research Institute since May 2008 until July 2014. Mr. Khoury holds a Masters Professional Director Certification from the American College of Corporate Directors and an Advanced Director Certification from the Corporate Directors Group. He received Northeastern’s prestigious Medallion Achievement Award. He has founded and/or developed companies in the scientific instrument, medical services, medical devices, aerospace and semi-conductor process equipment businesses. He received an M.B.A. with distinction and holds an M.Sc. and a B.Sc. degree in Chemistry from Northeastern University.

CEO Compensation
  • Amin's compensation has been consistent with company performance over the past year.
  • Amin's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the KLX management team in years:

3.8
Average Tenure
61.5
Average Age
  • The tenure for the KLX management team is about average.
Management Team

Amin Khoury

TITLE
Chairman & CEO
COMPENSATION
$7M
AGE
79
TENURE
3.8 yrs

Tom McCaffrey

TITLE
President & COO
COMPENSATION
$5M
AGE
64
TENURE
3.8 yrs

Mike Senft

TITLE
VP, CFO & Treasurer
COMPENSATION
$2M
AGE
59
TENURE
3.9 yrs

Roger Franks

TITLE
General Counsel
COMPENSATION
$2M
TENURE
3.8 yrs

John Cuomo

TITLE
VP & GM of Aerospace Solutions Group
COMPENSATION
$2M
TENURE
3.8 yrs

Michael Perlman

TITLE
Director of Investor Relations

Heather Floyd

TITLE
VP of Finance & Corporate Controller
TENURE
3.8 yrs

Eric Wesch

TITLE
VP of Finance & Treasurer
AGE
50
TENURE
1.3 yrs

Gary Roberts

TITLE
VP & GM of Energy Services Group
TENURE
3.8 yrs
Board of Directors Tenure

Average tenure and age of the KLX board of directors in years:

3.8
Average Tenure
70
Average Age
  • The tenure for the KLX board of directors is about average.
Board of Directors

Amin Khoury

TITLE
Chairman & CEO
COMPENSATION
$7M
AGE
79
TENURE
3.8 yrs

John Collins

TITLE
Independent Director
COMPENSATION
$215K
AGE
71
TENURE
3.8 yrs

Peter Del Presto

TITLE
Independent Director
COMPENSATION
$215K
AGE
67
TENURE
3.8 yrs

Richard Hamermesh

TITLE
Independent Director
COMPENSATION
$208K
AGE
70
TENURE
3.8 yrs

Benjamin Hardesty

TITLE
Independent Director
COMPENSATION
$200K
AGE
68
TENURE
3.8 yrs

Steve Ward

TITLE
Independent Director
COMPENSATION
$200K
AGE
63
TENURE
3.8 yrs

Ted Weise

TITLE
Independent Director
COMPENSATION
$200K
AGE
74
TENURE
3.8 yrs

John Whates

TITLE
Independent Director
COMPENSATION
$200K
AGE
70
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Value (USD)
08. Dec 17 Sell Theodore Weise Individual 07. Dec 17 07. Dec 17 -2,000 $-121,380.00
08. Dec 17 Sell Heather Floyd Individual 07. Dec 17 07. Dec 17 -2,024 $-123,464.00
X
Management checks
We assess KLX's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. KLX has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

2KX News

External News
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Simply Wall St News

2KX Company Info

Map
Description

KLX Inc., together with its subsidiaries, provides aerospace fasteners, consumables, and logistics services worldwide. The Aerospace Solutions Group segment distributes bolts, clips, hinges, rings, screws, carbon-faced seals, gaskets, O-rings, and others; chemicals, sealants and adhesives, lubricants, paints, cleaners, and degreasers; Honeywell proprietary parts; bearings, tooling, electrical components, and clamps; and hydraulics, pneumatics, fluid connectors, filtration, electrical control systems seals, and compressors and engineered systems. This segment also provides inventory management services and technical support services, as well as operates an e-commerce site that provides customized solutions for customers. It serves commercial airlines; business jet and defense original equipment manufacturers and their subcontractors; airlines; maintenance, repair, and overhaul operators; fixed base operators; and military depots. The Energy Services Group segment offers fishing (retrieval) services and equipment; wireline services, including composite frac plug pump downs, pipe recovery and perforation, and evaluation and logging services; pressure control services and rental equipment; and onshore completion services, such as placement and removal of flow control nipples and valves, completion packers, bridge plugs, and composite flow through frac plugs, as well as downhole services tools. This segment also provides down-hole completion and production services; and mobile, customizable workforce accommodations and offices, and associated rental equipment to its customers at their remote field locations. In addition, it offers machine shop services, which consist of CNC lathes, milling machines, spindle lathes, and other machining equipment to rework and rectify damaged equipment, as well as to design/build specialized fit-for-purpose tools. It primarily serves regional or independent oil companies. KLX Inc. is headquartered in Wellington, Florida.

Details
Name: KLX Inc.
2KX
Exchange: DB
Founded:
$2,785,774,388
50,746,599
Website: http://www.klx.com
Address: KLX Inc.
1300 Corporate Center Way,
Wellington,
Florida, 33414,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS KLXI Common Stock Nasdaq Global Select US USD 04. Dec 2014
DB 2KX Common Stock Deutsche Boerse AG DE EUR 04. Dec 2014
Number of employees
Current staff
Staff numbers
3,000
KLX employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/10/09 18:52
End of day share price update: 2018/10/08 00:00
Last estimates confirmation: 2018/09/07
Last earnings filing: 2018/08/28
Last earnings reported: 2018/07/31
Last annual earnings reported: 2018/01/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.