Knoll, Inc., together with its subsidiaries, designs, manufactures, markets, and sells commercial and residential furniture, accessories, and coverings for the workplace and residential markets in the United States, Canada, Europe, and internationally.
Undervalued established dividend payer.
Share Price & News
How has Knoll's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KNL's share price has been volatile over the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: KNL underperformed the US Commercial Services industry which returned 20.5% over the past year.
Return vs Market: KNL underperformed the US Market which returned 19.3% over the past year.
Price Volatility Vs. Market
How volatile is Knoll's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat Did Knoll, Inc.'s (NYSE:KNL) CEO Take Home Last Year?
1 month ago | Simply Wall StIs It Worth Buying Knoll, Inc. (NYSE:KNL) For Its 2.7% Dividend Yield?
2 months ago | Simply Wall StHow Many Knoll, Inc. (NYSE:KNL) Shares Have Insiders Sold, In The Last Year?
Is Knoll undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KNL ($21.52) is trading below our estimate of fair value ($56.92)
Significantly Below Fair Value: KNL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KNL is good value based on its PE Ratio (12.9x) compared to the Commercial Services industry average (26.6x).
PE vs Market: KNL is good value based on its PE Ratio (12.9x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: KNL is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: KNL is overvalued based on its PB Ratio (2.6x) compared to the US Commercial Services industry average (1.8x).
How is Knoll forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KNL's forecast earnings growth (16.7% per year) is above the savings rate (1.7%).
Earnings vs Market: KNL's earnings (16.7% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: KNL's earnings are forecast to grow, but not significantly.
Revenue vs Market: KNL's revenue (4.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: KNL's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KNL's Return on Equity is forecast to be high in 3 years time (20.6%)
How has Knoll performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KNL has high quality earnings.
Growing Profit Margin: KNL's current net profit margins (5.8%) are lower than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: KNL's earnings have grown by 9.4% per year over the past 5 years.
Accelerating Growth: KNL's earnings growth over the past year (0.3%) is below its 5-year average (9.4% per year).
Earnings vs Industry: KNL earnings growth over the past year (0.3%) exceeded the Commercial Services industry -0.6%.
Return on Equity
High ROE: Whilst KNL's Return on Equity (20.11%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
How is Knoll's financial position?
Financial Position Analysis
Short Term Liabilities: KNL's short term assets ($341.9M) exceed its short term liabilities ($294.8M).
Long Term Liabilities: KNL's short term assets ($341.9M) do not cover its long term liabilities ($653.5M).
Debt to Equity History and Analysis
Debt Level: KNL's debt to equity ratio (114.7%) is considered high.
Reducing Debt: KNL's debt to equity ratio has increased from 109.2% to 114.7% over the past 5 years.
Debt Coverage: KNL's debt is well covered by operating cash flow (30.6%).
Interest Coverage: KNL's interest payments on its debt are well covered by EBIT (6.3x coverage).
Inventory Level: KNL has a high level of physical assets or inventory.
Debt Coverage by Assets: KNL's debt is not covered by short term assets (assets are 0.7x debt).
What is Knoll's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Knoll before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: KNL's dividend (3.16%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: KNL's dividend (3.16%) is low compared to the top 25% of dividend payers in the US market (3.71%).
Stability and Growth of Payments
Stable Dividend: KNL's dividends per share have been stable in the past 10 years.
Growing Dividend: KNL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.3%), KNL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KNL's dividends in 3 years are forecast to be well covered by earnings (27.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrew Cogan (56yo)
Mr. Andrew B. Cogan has been the Chief Executive Officer of Knoll, Inc. since April 2001 and as its Acting President since April 10, 2015 until April 2019. Mr. Cogan has been the Chairman of Knoll, Inc. si ...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD4.50M) is above average for companies of similar size in the US market ($USD2.48M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
|Chairman & CEO||18.8yrs||US$4.50m||0.85% $9.0m|
|Senior VP & CFO||2.7yrs||US$902.44k||0.059% $619.1k|
|Senior VP||2.1yrs||US$824.44k||0.091% $959.3k|
|Executive VP & Director of Design||14.4yrs||US$916.44k||0.068% $716.8k|
|Executive Vice President of Lifestyle||13.1yrs||US$1.00m||0.079% $826.9k|
|Senior Vice President of Operations||2.6yrs||no data||no data|
|Chief Information & Technology Officer||0yrs||no data||no data|
|Senior Vice President of Communications||0yrs||no data||no data|
|Senior Vice President of Human Resources||4.3yrs||no data||0.047% $490.9k|
|COO & President of Knoll Office||1.3yrs||no data||0.034% $355.1k|
Experienced Management: KNL's management team is considered experienced (3.5 years average tenure).
|Chairman & CEO||18.8yrs||US$4.50m||0.85% $9.0m|
|Lead Independent Director||0yrs||US$155.00k||0.21% $2.2m|
|Independent Director||14.2yrs||US$140.00k||0.10% $1.1m|
|Independent Director||15.2yrs||US$155.00k||0.093% $982.9k|
|Independent Director||5.3yrs||US$140.00k||0.072% $757.8k|
|Independent Director||2.5yrs||US$140.00k||0.021% $222.6k|
|Independent Director||1.6yrs||US$76.06k||0.015% $155.4k|
|Independent Director||13.4yrs||US$140.00k||0.064% $675.9k|
|Independent Director||6.5yrs||US$140.00k||0.046% $481.9k|
Experienced Board: KNL'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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Knoll, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Knoll, Inc.
- Ticker: KNL
- Exchange: NYSE
- Founded: 1938
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: US$1.052b
- Shares outstanding: 48.88m
- Website: https://www.knoll.com
Number of Employees
- Knoll, Inc.
- 1235 Water Street
- East Greenville
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KNL||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 2004|
|KK6||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2004|
Knoll, Inc., together with its subsidiaries, designs, manufactures, markets, and sells commercial and residential furniture, accessories, and coverings for the workplace and residential markets in the United States, Canada, Europe, and internationally. The company operates through Office and Lifestyle segments. It offers systems furniture, including integrated panels or table desks, work surfaces and storage units, power and data systems, and lighting products; office seating products comprising various work chairs; and files and storage products, such as lateral files, mobile pedestals and other storage units, bookcases, and overhead cabinets. The company also provides a range of adjustable tables, as well as meeting, conference, training, dining, stand-alone, and table desks; technology support accessories, desktop organizational tools, and lighting and storage products; lounge furniture; side, café, and dining chairs; training, conference, dining, and occasional tables; and lighting, rugs, textiles, fabrics, felt, leather, upholstery, drapery, and related architectural products. It serves companies, governmental agencies, and other medium to large sized organizations in various industries, including financial, legal, accounting, education, healthcare, and hospitality through its direct sales force and showrooms, distribution partners, and independent dealers and retailers, as well as online. Knoll, Inc. was founded in 1938 and is headquartered in East Greenville, Pennsylvania.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 00:15|
|End of Day Share Price||2020/02/20 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.