Kadant Inc. supplies equipment and critical components worldwide. More Details
Mediocre balance sheet with questionable track record.
Share Price & News
How has Kadant's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KAI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: KAI's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: KAI exceeded the US Machinery industry which returned 18.2% over the past year.
Return vs Market: KAI exceeded the US Market which returned 19.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Kadant's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StResults: Kadant Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
3 months ago | Simply Wall StWhy Dividend Hunters Love Kadant Inc. (NYSE:KAI)
7 months ago | Simply Wall StIs Kadant (NYSE:KAI) Using Too Much Debt?
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 ($131.56) is trading above our estimate of fair value ($131.06)
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 (31.5x) compared to the US Machinery industry average (29.8x).
PE vs Market: KAI is poor value based on its PE Ratio (31.5x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: KAI is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: KAI is overvalued based on its PB Ratio (3.3x) 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 (17.9% per year) is above the savings rate (2.2%).
Earnings vs Market: KAI's earnings (17.9% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: KAI's earnings are forecast to grow, but not significantly.
Revenue vs Market: KAI's revenue (5.2% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: KAI's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KAI's Return on Equity is forecast to be low in 3 years time (13.6%).
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 (7.4%) are lower than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: KAI's earnings have grown by 13.1% per year over the past 5 years.
Accelerating Growth: KAI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KAI had negative earnings growth (-22.7%) over the past year, making it difficult to compare to the Machinery industry average (-15.4%).
Return on Equity
High ROE: KAI's Return on Equity (10.4%) is considered low.
How is Kadant's financial position?
Financial Position Analysis
Short Term Liabilities: KAI's short term assets ($283.5M) exceed its short term liabilities ($127.9M).
Long Term Liabilities: KAI's short term assets ($283.5M) do not cover its long term liabilities ($323.8M).
Debt to Equity History and Analysis
Debt Level: KAI's debt to equity ratio (54.2%) is considered high.
Reducing Debt: KAI's debt to equity ratio has increased from 11.3% to 54.2% over the past 5 years.
Debt Coverage: KAI's debt is well covered by operating cash flow (36.7%).
Interest Coverage: KAI's interest payments on its debt are well covered by EBIT (9.9x coverage).
What is Kadant current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: KAI's dividend (0.73%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: KAI's dividend (0.73%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: KAI is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: KAI is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: KAI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KAI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeffrey Powell (61 yo)
Mr. Jeffrey L. Powell serves as President at Kadant Inc. since April 1, 2019 and also its Chief Executive Officer & Director since July 1, 2019. Mr. Powell had been an Executive Vice President of Kadant In...
CEO Compensation Analysis
Compensation vs Market: Jeffrey's total compensation ($USD2.77M) is below average for companies of similar size in the US market ($USD4.16M).
Compensation vs Earnings: Jeffrey's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive VP & CFO||5.42yrs||US$1.30m||0.16% |
|Executive VP & COO||1.58yrs||US$1.42m||0.45% |
|VP, General Counsel & Secretary||2.33yrs||US$781.77k||0.011% |
|Vice President||no data||US$581.97k||0.030% |
|Senior VP & Chief Accounting Officer||5.42yrs||no data||0.13% |
|Senior Vice President of Corporate Development||4.67yrs||no data||no data|
|Vice President of Marketing||13.67yrs||no data||no data|
|Treasurer||1.83yrs||no data||no data|
Experienced Management: KAI's management team is considered experienced (3.5 years average tenure).
|Independent Director||19.42yrs||US$221.62k||0.065% |
|Chairman of the Board||1.33yrs||US$2.54m||0.18% |
|Independent Director||1.83yrs||US$214.12k||0.030% |
|Independent Director||15.42yrs||US$224.12k||0.091% |
|Independent Director||9.92yrs||US$224.12k||0.038% |
Experienced Board: KAI's board of directors are considered experienced (5.9 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 been diluted in the past year, with total shares outstanding growing by 2.1%.
Kadant Inc.'s company bio, 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$1.514b
- Shares outstanding: 11.51m
- Website: https://www.kadant.com
Number of Employees
- Kadant Inc.
- One Technology Park Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KAI||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Nov 1992|
|KDA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 1992|
Kadant Inc. supplies equipment and critical components worldwide. The company’s Papermaking Systems segment develops, manufactures, and markets custom-engineered stock-preparation systems and equipment for...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 23:33|
|End of Day Share Price||2020/11/27 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.