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Eastman Kodak

NYSE:KODK
Snowflake Description

Limited growth with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KODK
NYSE
$103M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Eastman Kodak Company provides hardware, software, consumables, and services to customers in the graphic arts, commercial print, publishing, electronic displays, entertainment and commercial films, and consumer products markets worldwide. The last earnings update was 13 days ago. More info.


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  • Eastman Kodak has significant price volatility in the past 3 months.
KODK Share Price and Events
7 Day Returns
-2%
NYSE:KODK
1.9%
US Tech
1.6%
US Market
1 Year Returns
-59.5%
NYSE:KODK
-1.4%
US Tech
2.6%
US Market
KODK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Eastman Kodak (KODK) -2% 0.4% -20.6% -59.5% -81% -91.2%
US Tech 1.9% -7.7% 9.4% -1.4% 85.5% 91.1%
US Market 1.6% -1.7% 2.1% 2.6% 38.5% 41.4%
1 Year Return vs Industry and Market
  • KODK underperformed the Tech industry which returned -1.4% over the past year.
  • KODK underperformed the Market in United States of America which returned 2.6% over the past year.
Price Volatility
KODK
Industry
5yr Volatility vs Market

KODK Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Eastman Kodak is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Eastman Kodak has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Eastman Kodak. This is due to cash flow or dividend data being unavailable. The share price is $2.39.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Eastman Kodak's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Eastman Kodak's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:KODK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.37
NYSE:KODK Share Price ** NYSE (2019-05-21) in USD $2.39
United States of America Tech Industry PE Ratio Median Figure of 13 Publicly-Listed Tech Companies 17.49x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Eastman Kodak.

NYSE:KODK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:KODK Share Price ÷ EPS (both in USD)

= 2.39 ÷ -0.37

-6.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eastman Kodak is loss making, we can't compare its value to the US Tech industry average.
  • Eastman Kodak is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Eastman Kodak's expected growth come at a high price?
Raw Data
NYSE:KODK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
16%per year
United States of America Tech Industry PEG Ratio Median Figure of 8 Publicly-Listed Tech Companies 1.23x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Eastman Kodak, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Eastman Kodak's assets?
Raw Data
NYSE:KODK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-0.37
NYSE:KODK Share Price * NYSE (2019-05-21) in USD $2.39
United States of America Tech Industry PB Ratio Median Figure of 34 Publicly-Listed Tech Companies 1.78x
United States of America Market PB Ratio Median Figure of 5,202 Publicly-Listed Companies 1.84x
NYSE:KODK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:KODK Share Price ÷ Book Value per Share (both in USD)

= 2.39 ÷ -0.37

-6.42x

* Primary Listing of Eastman Kodak.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eastman Kodak has negative assets, we can't compare the value of its assets to the US Tech industry average.

Next steps:

  1. Take a look at our analysis of KODK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Eastman Kodak's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Tech industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Eastman Kodak's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. Eastman Kodak has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KODK Future Performance

 How is Eastman Kodak expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Eastman Kodak, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Eastman Kodak expected to grow at an attractive rate?
  • Eastman Kodak's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Eastman Kodak's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Eastman Kodak's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:KODK Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:KODK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 16%
United States of America Tech Industry Earnings Growth Rate Market Cap Weighted Average 5.8%
United States of America Tech Industry Revenue Growth Rate Market Cap Weighted Average 4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:KODK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:KODK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,298 -47 -16
2018-12-31 1,325 -62 -29
2018-09-30 1,325 -69 103
2018-06-30 1,338 -42 39
2018-03-31 1,347 -41 42
2017-12-31 1,386 -67 74
2017-09-30 1,549 -60 -39
2017-06-30 1,581 -59 27
2017-03-31 1,623 -47 33
2016-12-31 1,643 -15 14
2016-09-30 1,650 16 38
2016-06-30 1,664 -21 15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Eastman Kodak's earnings are expected to grow by 16% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Eastman Kodak is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:KODK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Eastman Kodak Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:KODK Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.37
2018-12-31 -0.68
2018-09-30 2.42
2018-06-30 0.92
2018-03-31 0.99
2017-12-31 1.74
2017-09-30 -0.92
2017-06-30 0.64
2017-03-31 0.78
2016-12-31 0.33
2016-09-30 0.90
2016-06-30 0.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Eastman Kodak will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Eastman Kodak's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Eastman Kodak has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KODK Past Performance

  How has Eastman Kodak performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Eastman Kodak's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Eastman Kodak does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Eastman Kodak's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Eastman Kodak's 1-year growth to the US Tech industry average as it is not currently profitable.
Earnings and Revenue History
Eastman Kodak's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Eastman Kodak Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:KODK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,298.00 -16.00 98.00 46.00
2018-12-31 1,325.00 -29.00 94.00 48.00
2018-09-30 1,325.00 103.00 90.00 50.00
2018-06-30 1,338.00 39.00 88.00 53.00
2018-03-31 1,347.00 42.00 86.00 57.00
2017-12-31 1,386.00 74.00 87.00 64.00
2017-09-30 1,549.00 -39.00 123.00 68.00
2017-06-30 1,581.00 27.00 151.00 67.00
2017-03-31 1,623.00 33.00 180.00 65.00
2016-12-31 1,643.00 14.00 198.00 60.00
2016-09-30 1,650.00 38.00 195.00 54.00
2016-06-30 1,664.00 15.00 197.00 50.00
2016-03-31 1,675.00 -9.00 197.00 46.00
2015-12-31 1,803.00 -72.00 226.00 61.00
2015-09-30 1,802.00 -105.00 233.00 57.00
2015-06-30 1,945.00 -69.00 248.00 66.00
2015-03-31 2,039.00 -113.00 275.00 80.00
2014-12-31 2,046.00 -64.00 284.00 64.00
2014-09-30 2,193.00 -143.00 324.00 98.00
2014-06-30 2,188.00 1,885.00 350.00 102.00
2014-03-31 2,243.00 1,737.00 380.00 101.00
2013-12-31 2,358.00 2,116.00 411.00 99.00
2013-09-30 2,479.00 1,753.00 490.00 113.00
2013-06-30 2,577.00 -626.00 546.00 124.00
2013-03-31 2,693.00 -715.00 589.00 141.00
2012-12-31 2,719.00 -1,337.00 637.00 168.00
2012-09-30 3,451.00 -1,034.00 723.00 181.00
2012-06-30 4,051.00 -926.00 833.00 205.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Eastman Kodak has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if Eastman Kodak has efficiently used its assets last year compared to the US Tech industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Eastman Kodak improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Eastman Kodak's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Eastman Kodak has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KODK Health

 How is Eastman Kodak's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Eastman Kodak's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Eastman Kodak is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Eastman Kodak's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Eastman Kodak's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Eastman Kodak Company Filings, last reported 1 month ago.

NYSE:KODK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 159.00 472.00 240.00
2018-12-31 170.00 401.00 246.00
2018-09-30 189.00 401.00 238.00
2018-06-30 180.00 401.00 275.00
2018-03-31 198.00 403.00 313.00
2017-12-31 221.00 403.00 343.00
2017-09-30 45.00 410.00 342.00
2017-06-30 101.00 411.00 370.00
2017-03-31 100.00 410.00 378.00
2016-12-31 83.00 411.00 434.00
2016-09-30 -23.00 672.00 489.00
2016-06-30 -39.00 676.00 513.00
2016-03-31 -48.00 676.00 513.00
2015-12-31 103.00 685.00 546.00
2015-09-30 182.00 674.00 521.00
2015-06-30 227.00 675.00 576.00
2015-03-31 247.00 677.00 609.00
2014-12-31 299.00 677.00 712.00
2014-09-30 527.00 676.00 744.00
2014-06-30 548.00 677.00 768.00
2014-03-31 616.00 677.00 809.00
2013-12-31 648.00 678.00 844.00
2013-09-30 616.00 679.00 839.00
2013-06-30 -3,153.00 1,924.00 1,018.00
2013-03-31 -3,321.00 1,915.00 1,179.00
2012-12-31 -3,677.00 2,122.00 1,139.00
2012-09-30 -3,231.00 2,123.00 1,134.00
2012-06-30 -2,955.00 2,159.00 1,263.00
  • Eastman Kodak's level of debt (296.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (110% vs 296.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Eastman Kodak is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Eastman Kodak's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Eastman Kodak has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KODK Dividends

 What is Eastman Kodak's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Eastman Kodak dividends.
If you bought $2,000 of Eastman Kodak shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Eastman Kodak's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Eastman Kodak's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:KODK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Tech Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Eastman Kodak has not reported any payouts.
  • Unable to verify if Eastman Kodak's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Eastman Kodak's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Eastman Kodak has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
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Income/ dividend checks
We assess Eastman Kodak's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Eastman Kodak afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Eastman Kodak has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KODK Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jim Continenza
COMPENSATION $410,003
AGE 55
TENURE AS CEO 0.3 years
CEO Bio

Mr. James V. Continenza, also known as Jim, has been Chief Executive Officer and Executive Chairman since February 20, 2019 at Eastman Kodak Company. In his role as Board Chairman, Continenza, has led the Company's efforts to improve its capital structure, execute strategic M&A transactions and drive investment in growth engines. He brings robust experience and a proven track record guiding several leading, innovative technology companies through transformations. Mr. Continenza has been the Chief Executive Officer of TBC Holdings I, Inc. since September 2012. Mr. Continenza served as the President of STi Prepaid, LLC from 2010 to 2011. Mr. Continenza has been the Chair and Chief Executive Officer of Vivial Holdings LLC, the parent company of Vivial Inc., a holding company since 2012. He served as a Senior Executive and specializes in businesses across a variety of industries. He served as an Interim Chief Executive Officer of Anchor Glass Container Corporation (alternate name, Ardagh Glass Inc.) from September 2006 to December 4, 2006. He served as the Chief Operating Officer of Arch Wireless, Inc. from September 2000 to September 2002. He served as the Chief Operating Officer of Teligent, Inc. from May 2001 to September 2002 and served as its Senior Vice President of Strategic Operations from September 2000 to May 2001 and President and Chief Executive Officer from September 2002 to June 2004. Mr. Continenza served as the President and Chief Executive Officer of Lucent Technologies Product Finance, which was a division of The CIT Group, Inc. from April 1999 to September 2000. Mr. Continenza served as President and Chief Executive Officer of Teligent, Inc. He served as Senior Vice President of Worldwide Sales and Marketing of Lucent Technologies Product Finance from September 1997 to April 1999. He served as the Executive Chairman of Tembec Inc. since February 29, 2008. He serves as Chairman of Board of Managers at Southwest Georgia Ethanol, LLC. He has been the Executive Chairman of Vivial Inc. since November 18, 2011. He has been the Chairman of Merrill Corporation since July 01, 2014. He served as the Chairman of Eastman Kodak Company since September 25, 2013 until February 20, 2019. He serves as the Chairman of Neff Corp. He serves as the Chairman of Kodak Canada Inc. Mr. Continenza served as the Chairman of Hawkeye Renewables, LLC. He serves as Director of Blaze Recycling, LLC, Portola Packaging, Inc., Southwest Georgia Ethanol, LLC, Windstream NTI, Inc., ATX Communications Inc., Corecomm Communications Inc., BridgeCom Holdings Inc., ATX Telecommunication Services of Virginia, LLC, Eureka Broadband Corporation, Open Support Systems LLC, TRUCOM Corporation, Bridgecom Solutions Group, Inc., Eureka Networks, LLC, Eureka Telecom of VA, Inc., Eureka Telecom, Inc., Infohighway of Virginia, Inc., Info-Highway International, Inc., Eureka Holdings, LLC, Corecomm-ATX, Inc., Aventine Renewable Energy, Inc., and Nex-I.Com Inc. He has been Director of Eastman Kodak Company since April 1, 2013, Kodak Canada Inc since April 2013, Neff Corporation (alternate name Neff Rental LLC) since November 2014 and Pacific Ethanol Central, LLC (formerly Aventine Renewable Energy Holdings, Inc.) since September 24, 2012. Mr. Continenza has been a Director of ATX Licensing, Inc., Digicom, Inc., Broadview Networks of Virginia, Inc., Broadview NP Acquisition Corp., BV-BC Acquisition Corp., Broadview Networks, Inc., Arc Networks, Inc, Windstream BV Holdings, LLC and Broadview Networks of Massachusetts, Inc. since November 13, 2012. Mr. Continenza served on the board of Tembec, Inc. from February 2008 to November 2017. He has been a Director of NII Holdings, Inc. since June 26, 2015. He has been a Director of RCC Minnesota Inc. since May 26, 2006 and November 2014. He served as a Director of Maxim Crane Works, Inc. since May 2006, USA Mobility Inc. (alternate name, Spok Holdings, Inc). since November 2004, Fido Inc. (a/k/a Microcell Telecommunications, Inc. of Canada) from May 1, 2003 to November 9, 2004, Teligent, Inc. from September 2002 to June 2004, Rural Cellular Corporation from May 2005 to 2008 and Fido Solutions Inc. from May 2003 to November 2004. Mr. Continenza serves as Chairman at Sorenson Communications LLC and Nextel International, Inc. He served as a Director of Rath Gibson, Inc., Anchor Glass Container Corporation, and Arch Wireless Inc. Mr. Continenza holds a BS in Business Administration from the University of Wisconsin.

CEO Compensation
  • Jim's compensation has increased whilst company is loss making.
  • Jim's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Eastman Kodak management team in years:

3.7
Average Tenure
53
Average Age
  • The tenure for the Eastman Kodak management team is about average.
Management Team

Jim Continenza

TITLE
Executive Chairman & CEO
COMPENSATION
$410K
AGE
55
TENURE
0.3 yrs

Eric-Yves Mahe

TITLE
Senior VP and President of Brand
COMPENSATION
$1M
AGE
55
TENURE
5.1 yrs

Dave Bullwinkle

TITLE
CFO & Senior VP
COMPENSATION
$1M
AGE
44
TENURE
2.8 yrs

Eric Samuels

TITLE
Chief Accounting Officer & Corporate Controller
AGE
50
TENURE
9.8 yrs

Terry Taber

TITLE
Senior VP
COMPENSATION
$781K
AGE
64
TENURE
10.3 yrs

Kim VanGelder

TITLE
Chief Information Officer & Senior VP
AGE
54
TENURE
15.3 yrs

William Love

TITLE
Director of Investor Relations & Treasurer
TENURE
2.8 yrs

Roger Byrd

TITLE
General Counsel
AGE
52
TENURE
0.3 yrs

Steven Overman

TITLE
Senior VP & Chief Marketing Officer
AGE
50
TENURE
4.6 yrs

Uwe Boerke

TITLE
Chief Human Resources Officer
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Eastman Kodak board of directors in years:

5.7
Average Tenure
58
Average Age
  • The tenure for the Eastman Kodak board of directors is about average.
Board of Directors

Etienne Bourgeois

TITLE
VP of Global Logistics & VP & Director of European
AGE
70
TENURE
15.3 yrs

Bill Parrett

TITLE
Director
COMPENSATION
$270K
AGE
73
TENURE
11.5 yrs

Jim Continenza

TITLE
Executive Chairman & CEO
COMPENSATION
$410K
AGE
55
TENURE
5.7 yrs

Mark Burgess

TITLE
Director
COMPENSATION
$280K
AGE
58
TENURE
5.7 yrs

Jason New

TITLE
Director
COMPENSATION
$200K
AGE
48
TENURE
5.7 yrs

George Karfunkel

TITLE
Director
COMPENSATION
$250K
AGE
69
TENURE
5.7 yrs

Matt Doheny

TITLE
Director
COMPENSATION
$263K
AGE
48
TENURE
5.7 yrs

Jeffrey Engelberg

TITLE
Director
COMPENSATION
$250K
AGE
41
TENURE
2 yrs

Richard Bradley

TITLE
Director
COMPENSATION
$250K
AGE
59
TENURE
1.9 yrs

Phillippe Katz

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Eastman Kodak's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Eastman Kodak has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KODK News

Simply Wall St News

Here's What We Think About Eastman Kodak Company's (NYSE:KODK) CEO Pay

Jeff Clarke has been the CEO of Eastman Kodak Company (NYSE:KODK) since 2014. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Jeff Clarke's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Can Eastman Kodak Company's (NYSE:KODK) ROE Continue To Surpass The Industry Average?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Eastman Kodak Company (NYSE:KODK). … Our data shows Eastman Kodak has a return on equity of 67% for the last year.

Simply Wall St -

Do Insiders Own Shares In Eastman Kodak Company (NYSE:KODK)?

If you want to know who really controls Eastman Kodak Company (NYSE:KODK), then you'll have to look at the makeup of its share registry. … Eastman Kodak is a smaller company with a market capitalization of US$175m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Eastman Kodak

Simply Wall St -

What Do You Get For Owning Eastman Kodak Company (NYSE:KODK)?

This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Therefore, looking at how efficiently Eastman Kodak is able to use capital to create earnings will help us understand your potential return. … Eastman Kodak's Return On Capital Employed

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand Eastman Kodak Company (NYSE:KODK)

To keep it practical, we'll show how Eastman Kodak Company's (NYSE:KODK) P/E ratio could help you assess the value on offer. … Eastman Kodak has a P/E ratio of 2.67, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

How Much is Eastman Kodak Company's (NYSE:KODK) CEO Getting Paid?

Our data indicates that Eastman Kodak Company is worth US$118m, and total annual CEO compensation is US$2m. … We looked at a group of companies with market capitalizations under US$200m, and the median CEO compensation was US$287k. … Thus we can conclude that Jeff Clarke receives more in total compensation than the median of a group of companies in the same market, and of similar size to Eastman Kodak Company

Simply Wall St -

Should You Be Concerned About Eastman Kodak Company's (NYSE:KODK) Shareholders?

Today, I will be analyzing Eastman Kodak Company’s (NYSE:KODK) recent ownership structure, an important but not-so-popular subject among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine KODK's ownership structure in more detail.

Simply Wall St -

Did Eastman Kodak Company (NYSE:KODK) Create Value For Shareholders?

Eastman Kodak Company (NYSE:KODK) outperformed the technology hardware, storage and peripherals industry on the basis of its ROE – producing a higher 32.32% relative to the peer average of 9.71% over the past 12 months. … Sustainability can be gauged by a company’s financial leverage – the more debt it has, the higher ROE is pumped up in the short term, at the expense of long term interest payment burden. … Check out our latest analysis for Eastman Kodak

Simply Wall St -

Is Eastman Kodak Company (NYSE:KODK) A Buy At Its Current PE Ratio?

and want to begin learning the link between Eastman Kodak Company (NYSE:KODK)’s fundamentals and stock market performance. … Eastman Kodak Company (NYSE:KODK) is currently trading at a trailing P/E of 3.5x, which is lower than the industry average of 17.1x. … While KODK might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions

Simply Wall St -

Is Eastman Kodak Company (NYSE:KODK) A Buy At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for KODK Price per share = $5.3 Earnings per share = $1.812 ∴ Price-Earnings Ratio = $5.3 ÷ $1.812 = 2.9x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you accidentally compared higher growth firms with KODK, then KODK’s P/E would naturally be lower since investors would reward its peers’ higher growth with a higher price. … Alternatively, if you inadvertently compared less risky firms with KODK, KODK’s P/E would again be lower since investors would reward its peers’ lower risk with a higher price as well.

Simply Wall St -

KODK Company Info

Description

Eastman Kodak Company provides hardware, software, consumables, and services to customers in the graphic arts, commercial print, publishing, electronic displays, entertainment and commercial films, and consumer products markets worldwide. The company operates in six segments: Print Systems, Enterprise Inkjet Systems, Software and Solutions, Consumer and Film, Advanced Materials and 3D Printing Technology, and Eastman Business Park. It offers digital offset plate and computer-to-plate imaging, and electro photographic printing solutions; production press systems, consumables, and inkjet components and services; and a suite of software solutions for print production workflow, as well as business process outsourcing services, scan and capture solutions, records conversion services, workflow solutions, content management, and print and managed media services. The company also consumer inkjet printers, and specialty inks and dispersions; industrial film and chemicals; and motion picture films, as well as licenses Kodak brand to third parties for a range of products, including batteries, digital and instant print cameras, camera accessories, printers, and LED lighting products. In addition, it offers intellectual property licensing solutions; and leases technology center and industrial complex. The company sells its products and services through third party resellers and distributors, as well as directly and indirectly to enterprise accounts and customers. Eastman Kodak Company was founded in 1880 and is headquartered in Rochester, New York.

Details
Name: Eastman Kodak Company
KODK
Exchange: NYSE
Founded: 1880
$102,771,644
43,000,688
Website: http://www.kodak.com
Address: Eastman Kodak Company
343 State Street,
Rochester,
New York, 14650,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE KODK Common Stock New York Stock Exchange US USD 23. Sep 2013
DB KODN Common Stock Deutsche Boerse AG DE EUR 23. Sep 2013
LSE 0IF4 Common Stock London Stock Exchange GB USD 23. Sep 2013
Number of employees
Current staff
Staff numbers
5,400
Eastman Kodak employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 06:42
End of day share price update: 2019/05/21 00:00
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.