NasdaqGS:KRNT

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Executive Summary

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


Snowflake Analysis

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

Stable Share Price: KRNT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.4%

KRNT

4.1%

US Machinery

0.5%

US Market


1 Year Return

112.7%

KRNT

18.2%

US Machinery

18.7%

US Market

Return vs Industry: KRNT exceeded the US Machinery industry which returned 21.7% over the past year.

Return vs Market: KRNT exceeded the US Market which returned 20.1% over the past year.


Shareholder returns

KRNTIndustryMarket
7 Day3.4%4.1%0.5%
30 Day12.7%8.0%4.9%
90 Day93.3%34.6%19.8%
1 Year112.7%112.7%20.5%18.2%21.2%18.7%
3 Year293.2%293.2%31.7%23.1%46.2%36.8%
5 Year332.0%332.0%85.3%63.3%85.3%65.1%

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

Valuation

Is Kornit Digital undervalued compared to its fair value and its price relative to the market?

7.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KRNT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KRNT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KRNT is unprofitable, so we can't compare its PE Ratio to the US Machinery industry average.

PE vs Market: KRNT is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KRNT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KRNT is overvalued based on its PB Ratio (7.2x) compared to the US Machinery industry average (2.3x).


Next Steps

Future Growth

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

123.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KRNT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: KRNT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: KRNT's is expected to become profitable in the next 3 years.

Revenue vs Market: KRNT's revenue (30.2% per year) is forecast to grow faster than the US market (9.5% per year).

High Growth Revenue: KRNT's revenue (30.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if KRNT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Kornit Digital performed over the past 5 years?

9.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KRNT is currently unprofitable.

Growing Profit Margin: KRNT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KRNT is unprofitable, but has reduced losses over the past 5 years at a rate of 9.7% per year.

Accelerating Growth: Unable to compare KRNT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KRNT is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-13.9%).


Return on Equity

High ROE: KRNT has a negative Return on Equity (-1.56%), as it is currently unprofitable.


Next Steps

Financial Health

How is Kornit Digital's financial position?


Financial Position Analysis

Short Term Liabilities: KRNT's short term assets ($253.5M) exceed its short term liabilities ($35.9M).

Long Term Liabilities: KRNT's short term assets ($253.5M) exceed its long term liabilities ($21.3M).


Debt to Equity History and Analysis

Debt Level: KRNT is debt free.

Reducing Debt: KRNT has not had any debt for past 5 years.

Debt Coverage: KRNT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: KRNT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KRNT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KRNT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KRNT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KRNT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KRNT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Ronen Samuel (51 yo)

2yrs

Tenure

US$1,300,000

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

Compensation vs Market: Ronen's total compensation ($USD1.30M) is below average for companies of similar size in the US market ($USD4.53M).

Compensation vs Earnings: Ronen's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Ronen Samuel
CEO & Director2yrsUS$1.30mno data
Guy Avidan
Chief Financial Officer5.92yrsUS$900.00kno data
Amir Shaked-Mandel
Executive Vice President of Corporate Development2.83yrsUS$639.00kno data
Haggai Abbo
Executive Vice President of Product Development0.33yrUS$660.00kno data
Ofer Ben-Zur
Co-Founder & Director18.58yrsUS$475.00kno data
Ilan Givon
Executive Vice President of Operations2.92yrsno datano data
Kobi Mann
Chief Technology Officer0.58yrno datano data
Omer Kulka
Chief Marketing Officer3.08yrsno datano data
Ayelet Godard
Executive Vice President of Human Resources6.58yrsno datano data
Jecka Glasman
Chief Commercial Officer0.58yrno datano data
Chris Govier
President of Kornit EMEA0.33yrno datano data
Andy Yarrow
President of Kornit Digital Asia Pacific1.5yrsno datano data

2.4yrs

Average Tenure

51.5yo

Average Age

Experienced Management: KRNT's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ronen Samuel
CEO & Director2yrsUS$1.30mno data
Ofer Ben-Zur
Co-Founder & Director18.58yrsUS$475.00kno data
Yuval Cohen
Chairman9yrsno datano data
Yehoshua Nir
Independent Director2.08yrsno datano data
Lauri Hanover
Independent Director5.42yrsno datano data
Alon Lumbroso
Independent Director5.42yrsno datano data
Dov Ofer
Independent Director5.42yrsno datano data
Gabi Seligsohn
Director5.42yrsUS$1.28mno data
Stephen Nigro
Independent Director1yrno datano data

5.4yrs

Average Tenure

58yo

Average Age

Experienced Board: KRNT's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$2.366b
  • Shares outstanding: 40.94m
  • Website: https://www.kornit.com

Number of Employees


Location

  • Kornit Digital Ltd.
  • 12 Ha`Amal Street
  • Afek Park
  • Rosh Haayin
  • 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 worldwide. The company’s solutions include digita ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 00:36
End of Day Share Price2020/08/13 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.