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KODK

Eastman KodakNYSE:KODK Stock Report

Market Cap

US$553.2m

7D

-2.9%

1Y

-24.5%

Updated

26 Sep, 2021

Data

Company Financials
KODK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

KODK Overview

Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, entertainment and commercial films, and consumer products markets worldwide.

Eastman Kodak Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Eastman Kodak
Historical stock prices
Current Share PriceUS$7.04
52 Week HighUS$6.29
52 Week LowUS$14.18
Beta5.35
1 Month Change-2.36%
3 Month Change-20.09%
1 Year Change-24.46%
3 Year Change127.10%
5 Year Change-53.07%
Change since IPO-63.71%

Recent News & Updates

Shareholder Returns

KODKUS TechUS Market
7D-2.9%-0.8%0.1%
1Y-24.5%34.5%35.3%

Return vs Industry: KODK underperformed the US Tech industry which returned 34.5% over the past year.

Return vs Market: KODK underperformed the US Market which returned 35.3% over the past year.

Price Volatility

Is KODK's price volatile compared to industry and market?
KODK volatility
KODK Beta5.35
Industry Beta1.2
Market Beta1

Stable Share Price: KODK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: KODK's weekly volatility has decreased from 14% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
18804,500Jim Continenzahttps://www.kodak.com

Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, entertainment and commercial films, and consumer products markets worldwide. The company operates in four segments: Traditional Printing, Digital Printing, Advanced Materials and Chemicals, and Brand. The Traditional Printing segment offers digital offset plate and computer-to-plate imaging solutions to commercial industries, including commercial print, direct mail, book publishing, newspapers and magazines, and packaging.

Eastman Kodak Fundamentals Summary

How do Eastman Kodak's earnings and revenue compare to its market cap?
KODK fundamental statistics
Market CapUS$553.16m
Earnings (TTM)-US$412.00m
Revenue (TTM)US$1.11b

0.5x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KODK income statement (TTM)
RevenueUS$1.11b
Cost of RevenueUS$939.00m
Gross ProfitUS$166.00m
ExpensesUS$578.00m
Earnings-US$412.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-5.24
Gross Margin15.02%
Net Profit Margin-37.29%
Debt/Equity Ratio76.5%

How did KODK perform over the long term?

See historical performance and comparison

Valuation

Is Eastman Kodak undervalued compared to its fair value and its price relative to the market?

4.26x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: KODK 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 KODK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KODK is overvalued based on its PB Ratio (4.3x) compared to the US Tech industry average (2.4x).


Future Growth

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

1.9%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Eastman Kodak has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Eastman Kodak performed over the past 5 years?

-74.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KODK is currently unprofitable.

Growing Profit Margin: KODK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KODK is unprofitable, and losses have increased over the past 5 years at a rate of 74.7% per year.

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

Earnings vs Industry: KODK is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (48.6%).


Return on Equity

High ROE: KODK has a negative Return on Equity (-125.7%), as it is currently unprofitable.


Financial Health

How is Eastman Kodak's financial position?


Financial Position Analysis

Short Term Liabilities: KODK's short term assets ($848.0M) exceed its short term liabilities ($309.0M).

Long Term Liabilities: KODK's short term assets ($848.0M) do not cover its long term liabilities ($902.0M).


Debt to Equity History and Analysis

Debt Level: KODK's debt to equity ratio (76.5%) is considered high.

Reducing Debt: KODK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: KODK has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: KODK has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 23.6% each year


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate KODK'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 KODK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KODK'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 KODK'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?

5.2yrs

Average management tenure


CEO

Jim Continenza (58 yo)

2.58yrs

Tenure

US$11,936,909

Compensation

Mr. James V. Continenza, also known as Jim, serves as Chairman at Cenveo Worldwide Limited. He has been the Chief Executive Officer and Executive Chairman at Eastman Kodak Company since February 20, 2019....


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD11.94M) is above average for companies of similar size in the US market ($USD1.69M).

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


Leadership Team

Experienced Management: KODK's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: KODK's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 3.8%.


Top Shareholders

Company Information

Eastman Kodak Company's employee growth, exchange listings and data sources


Key Information

  • Name: Eastman Kodak Company
  • Ticker: KODK
  • Exchange: NYSE
  • Founded: 1880
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$553.159m
  • Shares outstanding: 78.57m
  • Website: https://www.kodak.com

Number of Employees


Location

  • Eastman Kodak Company
  • 343 State Street
  • Rochester
  • New York
  • 14650
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 22:12
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.