NasdaqGS:KRNT

Stock Analysis Report

Executive Summary

Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry.

Snowflake

Fundamentals

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has Kornit Digital's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.5%

KRNT

-2.7%

US Machinery

-0.6%

US Market


1 Year Return

51.1%

KRNT

-7.5%

US Machinery

0.7%

US Market

KRNT outperformed the Machinery industry which returned -7.5% over the past year.

KRNT outperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

KRNTIndustryMarket
7 Day1.5%-2.7%-0.6%
30 Day15.2%6.3%2.9%
90 Day15.6%-1.9%1.3%
1 Year51.1%51.1%-5.6%-7.5%2.9%0.7%
3 Year255.9%255.9%48.0%38.4%44.6%35.2%
5 Yearn/a54.1%35.1%61.9%44.2%

Price Volatility Vs. Market

How volatile is Kornit Digital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

1 month ago | Simply Wall St

Kornit Digital Ltd. (NASDAQ:KRNT): A Fundamentally Attractive Investment

Valuation

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

127.16x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Kornit Digital's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Kornit Digital's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Kornit Digital is overvalued based on earnings compared to the US Machinery industry average.

Kornit Digital is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Kornit Digital is poor value based on expected growth next year.


Price Based on Value of Assets

Kornit Digital is overvalued based on assets compared to the US Machinery industry average.


Next Steps

Future Growth

How is Kornit Digital expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

88.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Kornit Digital's revenue is expected to grow significantly at over 20% yearly.

Kornit Digital's earnings are expected to grow significantly at over 20% yearly.

Kornit Digital's revenue growth is expected to exceed the United States of America market average.

Kornit Digital's earnings growth is expected to exceed the United States of America market average.

Kornit Digital's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Kornit Digital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Kornit Digital performed over the past 5 years?

17.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Kornit Digital's year on year earnings growth rate has been positive over the past 5 years.

Kornit Digital's 1-year earnings growth exceeds its 5-year average (385.4% vs 17.7%)

Kornit Digital's earnings growth has exceeded the US Machinery industry average in the past year (385.4% vs 18.7%).


Return on Equity

Kornit Digital has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Kornit Digital used its assets less efficiently than the US Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Kornit Digital's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Kornit Digital's financial position?


Financial Position Analysis

Kornit Digital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Kornit Digital's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Kornit Digital has no debt.

Kornit Digital has not taken on any debt in the past 5 years.

Kornit Digital has no debt, it does not need to be covered by operating cash flow.

Kornit Digital has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Kornit Digital has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Kornit Digital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Kornit Digital's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Kornit Digital has not reported any payouts.

Unable to verify if Kornit Digital's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Kornit Digital has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Kornit Digital's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Ronen Samuel (50yo)

1.1yrs

Tenure

US$745,000

Compensation

Mr. Ronen Samuel has been Chief Executive Officer of Kornit Digital Ltd. since August 1, 2018 and has been its Director since August 22, 2019. He is an industry veteran at HP Indigo. Mr. Samuel has spent t ...


CEO Compensation Analysis

Ronen's remuneration is lower than average for companies of similar size in United States of America.

Insufficient data for Ronen to compare compensation growth.


Management Age and Tenure

2.0yrs

Average Tenure

52yo

Average Age

The tenure for the Kornit Digital management team is about average.


Board Age and Tenure

4.5yrs

Average Tenure

55.5yo

Average Age

The tenure for the Kornit Digital board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Guy Avidan (57yo)

    Chief Financial Officer

    • Tenure: 5yrs
    • Compensation: US$837.00k
  • Ofer Ben-Zur (54yo)

    Co-Founder & Director

    • Tenure: 17.7yrs
    • Compensation: US$475.00k
  • Gilad Yron (46yo)

    Executive Vice President of Sales

    • Tenure: 0yrs
    • Compensation: US$831.00k
  • Ayelet Godard

    Vice President of Human Resources

    • Tenure: 5.7yrs
  • Ilan Givon

    Vice President of Operations

    • Tenure: 2yrs
  • Amir Shaked-Mandel

    Vice President of Corporate Development

    • Tenure: 1.9yrs
  • Ronen Samuel (50yo)

    CEO & Director

    • Tenure: 1.1yrs
    • Compensation: US$745.00k
  • Andy Yarrow

    President of Kornit Digital Asia Pacific

    • Tenure: 0.6yrs

Board Members

  • Yuval Cohen (57yo)

    Chairman

    • Tenure: 8.1yrs
  • Shuki Nir (49yo)

    External Director

    • Tenure: 1.2yrs
  • Lauri Hanover (59yo)

    Independent Director

    • Tenure: 4.5yrs
  • Alon Lumbroso (62yo)

    Independent Director

    • Tenure: 4.5yrs
  • Dov Ofer (65yo)

    Independent Director

    • Tenure: 4.5yrs
  • Gabi Seligsohn (53yo)

    Director

    • Tenure: 4.5yrs
    • Compensation: US$1.28m
  • Ofer Ben-Zur (54yo)

    Co-Founder & Director

    • Tenure: 17.7yrs
    • Compensation: US$475.00k
  • Steve Nigro

    Director

    • Tenure: 0.08yrs
  • Ronen Samuel (50yo)

    CEO & Director

    • Tenure: 1.1yrs
    • Compensation: US$745.00k

Company Information

Kornit Digital Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kornit Digital Ltd.
  • Ticker: KRNT
  • Exchange: NasdaqGS
  • Founded: 2002
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$1.309b
  • Shares outstanding: 40.38m
  • Website: https://www.kornit.com

Number of Employees


Location

  • Kornit Digital Ltd.
  • 12 Ha`Amal Street
  • Afek Park
  • Rosh-Ha`Ayin
  • 4809246
  • Israel

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KRNTNasdaqGS (Nasdaq Global Select)YesOrdinary SharesUSUSDApr 2015
0KDDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2015

Biography

Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry. The company’s solutions include digital printing ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 00:37
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.