Kadant Inc. supplies critical components and engineered systems worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$206.07|
|52 Week High||US$109.15|
|52 Week Low||US$225.64|
|1 Month Change||-4.10%|
|3 Month Change||18.96%|
|1 Year Change||72.53%|
|3 Year Change||110.36%|
|5 Year Change||291.40%|
|Change since IPO||975.15%|
Recent News & Updates
If You Like EPS Growth Then Check Out Kadant (NYSE:KAI) Before It's Too Late
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Are Kadant Inc. (NYSE:KAI) Investors Paying Above The Intrinsic Value?
Does the August share price for Kadant Inc. ( NYSE:KAI ) reflect what it's really worth? Today, we will estimate the...
|KAI||US Machinery||US Market|
Return vs Industry: KAI exceeded the US Machinery industry which returned 24.7% over the past year.
Return vs Market: KAI exceeded the US Market which returned 27.6% over the past year.
Stable Share Price: KAI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: KAI's weekly volatility (5%) has been stable over the past year.
About the Company
Kadant Inc. supplies critical components and engineered systems worldwide. It operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables, consisting of doctor systems and holders, profiling systems, doctor blades, shower and fabric-conditioning systems, formation systems, and water-filtration systems.
Kadant Fundamentals Summary
|KAI fundamental statistics|
Is KAI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KAI income statement (TTM)|
|Cost of Revenue||US$387.75m|
Last Reported Earnings
Jul 03, 2021
Next Earnings Date
|Earnings per share (EPS)||6.09|
|Net Profit Margin||10.20%|
How did KAI perform over the long term?See historical performance and comparison
0.5%Current Dividend Yield
Is Kadant undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KAI ($206.07) is trading above our estimate of fair value ($165.89)
Significantly Below Fair Value: KAI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KAI is poor value based on its PE Ratio (33.9x) compared to the US Machinery industry average (29.3x).
PE vs Market: KAI is poor value based on its PE Ratio (33.9x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: KAI is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: KAI is overvalued based on its PB Ratio (4.5x) compared to the US Machinery industry average (2.8x).
How is Kadant forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KAI's forecast earnings growth (24.7% per year) is above the savings rate (2%).
Earnings vs Market: KAI's earnings (24.7% per year) are forecast to grow faster than the US market (15.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KAI's revenue (13.6% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: KAI's revenue (13.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KAI's Return on Equity is forecast to be high in 3 years time
How has Kadant performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KAI has high quality earnings.
Growing Profit Margin: KAI's current net profit margins (10.2%) are higher than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: KAI's earnings have grown by 14.1% per year over the past 5 years.
Accelerating Growth: KAI's earnings growth over the past year (44.1%) exceeds its 5-year average (14.1% per year).
Earnings vs Industry: KAI earnings growth over the past year (44.1%) exceeded the Machinery industry 21.7%.
Return on Equity
High ROE: KAI's Return on Equity (13.4%) is considered low.
How is Kadant's financial position?
Financial Position Analysis
Short Term Liabilities: KAI's short term assets ($405.5M) exceed its short term liabilities ($161.2M).
Long Term Liabilities: KAI's short term assets ($405.5M) exceed its long term liabilities ($337.2M).
Debt to Equity History and Analysis
Debt Level: KAI's debt to equity ratio (51.4%) is considered high.
Reducing Debt: KAI's debt to equity ratio has increased from 22.9% to 51.4% over the past 5 years.
Debt Coverage: KAI's debt is well covered by operating cash flow (46.9%).
Interest Coverage: KAI's interest payments on its debt are well covered by EBIT (20.8x coverage).
What is Kadant current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KAI's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.29%).
High Dividend: KAI's dividend (0.49%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: KAI is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: KAI is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: KAI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KAI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeffrey Powell (62 yo)
Mr. Jeffrey L. Powell serves as President at Kadant Inc. since April 1, 2019 and also its Chief Executive Officer & Director since July 1, 2019. Mr. Powell had been an Executive Vice President of Kadant In...
CEO Compensation Analysis
Compensation vs Market: Jeffrey's total compensation ($USD3.70M) is about average for companies of similar size in the US market ($USD3.56M).
Compensation vs Earnings: Jeffrey's compensation has increased by more than 20% in the past year.
Experienced Management: KAI's management team is considered experienced (4.4 years average tenure).
Experienced Board: KAI's board of directors are considered experienced (6.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kadant Inc.'s employee growth, exchange listings and data sources
- Name: Kadant Inc.
- Ticker: KAI
- Exchange: NYSE
- Founded: 1991
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$2.386b
- Shares outstanding: 11.58m
- Website: https://www.kadant.com
Number of Employees
- Kadant Inc.
- One Technology Park Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 22:18|
|End of Day Share Price||2021/10/15 00:00|
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.