Financials Kennametal Inc.

Equities

KMT

US4891701009

Industrial Machinery & Equipment

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
24.04 USD +1.18% Intraday chart for Kennametal Inc. -1.92% -6.79%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,048 2,380 3,003 1,920 2,279 1,906 - -
Enterprise Value (EV) 1 3,458 2,868 3,449 2,450 2,769 2,432 2,383 2,317
P/E ratio 12.8 x -410 x 55.3 x 13.5 x 19.4 x 16.6 x 14.9 x 13.8 x
Yield 2.16% 2.79% 2.23% 3.44% 2.82% 3.33% 3.33% 3.35%
Capitalization / Revenue 1.28 x 1.26 x 1.63 x 0.95 x 1.1 x 0.93 x 0.91 x 0.89 x
EV / Revenue 1.46 x 1.52 x 1.87 x 1.22 x 1.33 x 1.19 x 1.14 x 1.08 x
EV / EBITDA 7.55 x 11 x 12.8 x 6.89 x 8.31 x 7.73 x 6.98 x 6.57 x
EV / FCF 39.2 x -141 x 31.8 x 29 x 16.4 x 17.1 x 13 x 14.3 x
FCF Yield 2.55% -0.71% 3.14% 3.45% 6.09% 5.84% 7.68% 7.01%
Price to Book 2.29 x 1.94 x 2.26 x 1.51 x 1.78 x 1.51 x 1.5 x 1.47 x
Nbr of stocks (in thousands) 82,390 82,914 83,599 82,638 80,275 79,270 - -
Reference price 2 36.99 28.71 35.92 23.23 28.39 24.04 24.04 24.04
Announcement Date 8/5/19 8/3/20 8/2/21 8/1/22 8/1/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,375 1,885 1,841 2,012 2,078 2,048 2,094 2,144
EBITDA 1 457.8 261.2 269.1 355.8 333 314.8 341.3 352.7
EBIT 1 345.7 141.4 142.6 224.1 199 178.5 204.7 216.1
Operating Margin 14.55% 7.5% 7.74% 11.13% 9.58% 8.71% 9.78% 10.08%
Earnings before Tax (EBT) 1 311.2 1.96 - - 159.6 154 177.5 184
Net income 1 241.9 -5.661 54.43 144.6 118.5 115.6 128.2 135.1
Net margin 10.19% -0.3% 2.96% 7.19% 5.7% 5.64% 6.12% 6.3%
EPS 2 2.900 -0.0700 0.6500 1.720 1.460 1.447 1.616 1.748
Free Cash Flow 1 88.18 -20.41 108.4 84.52 168.6 142 183 162.5
FCF margin 3.71% -1.08% 5.89% 4.2% 8.11% 6.93% 8.74% 7.58%
FCF Conversion (EBITDA) 19.26% - 40.28% 23.76% 50.62% 45.11% 53.62% 46.08%
FCF Conversion (Net income) 36.45% - 199.1% 58.44% 142.32% 122.87% 142.73% 120.31%
Dividend per Share 2 0.8000 0.8000 0.8000 0.8000 0.8000 0.8000 0.8017 0.8050
Announcement Date 8/5/19 8/3/20 8/2/21 8/1/22 8/1/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 483.5 486.7 512.3 530 494.8 497.1 536 550.2 492.5 495.3 518.5 540.9 501 507.6 530.1
EBITDA 1 88.23 77.18 91.18 99.16 81.15 70.11 86.41 95.37 78.62 61.26 75.65 93.16 89.34 70.37 79.97
EBIT 1 55.85 44.82 58.2 65.22 48.53 35.49 52.47 62.54 45.12 28.48 40.94 58.7 54.41 35.19 45.12
Operating Margin 11.55% 9.21% 11.36% 12.3% 9.81% 7.14% 9.79% 11.37% 9.16% 5.75% 7.9% 10.85% 10.86% 6.93% 8.51%
Earnings before Tax (EBT) 1 51.74 44.19 51.46 59.35 40.88 27.89 43.74 47.12 38.43 22.32 34.32 51.6 46 28.6 43.8
Net income 1 36.2 31.42 35.3 41.71 28.2 21.9 31.94 36.43 30.06 23.11 23.69 37.68 35.17 20.96 28.08
Net margin 7.49% 6.46% 6.89% 7.87% 5.7% 4.41% 5.96% 6.62% 6.1% 4.67% 4.57% 6.97% 7.02% 4.13% 5.3%
EPS 2 0.4300 0.3700 0.4200 0.5000 0.3400 0.2700 0.3900 0.4500 0.3700 0.2900 0.2950 0.4743 0.4449 0.2662 0.3542
Dividend per Share 2 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000
Announcement Date 11/1/21 2/7/22 5/2/22 8/1/22 10/31/22 2/6/23 5/1/23 8/1/23 11/1/23 2/7/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 411 488 446 530 490 526 477 412
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.897 x 1.867 x 1.659 x 1.49 x 1.471 x 1.671 x 1.398 x 1.167 x
Free Cash Flow 1 88.2 -20.4 108 84.5 169 142 183 163
ROE (net income / shareholders' equity) 19.9% 6.15% 6.86% 11.2% 9.37% 9.17% 10.1% 11.3%
ROA (Net income/ Total Assets) 8.67% 2.77% 3.08% 5.52% 4.63% 5% 5.03% 4.33%
Assets 1 2,791 -204.4 1,767 2,620 2,560 2,311 2,552 3,122
Book Value Per Share 2 16.20 14.80 15.90 15.40 16.00 15.90 16.00 16.40
Cash Flow per Share 2 3.610 2.690 2.790 2.160 3.170 3.370 3.650 -
Capex 1 212 244 127 96.9 94.4 117 119 116
Capex / Sales 8.94% 12.95% 6.91% 4.82% 4.54% 5.73% 5.68% 5.41%
Announcement Date 8/5/19 8/3/20 8/2/21 8/1/22 8/1/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
24.04 USD
Average target price
25 USD
Spread / Average Target
+3.99%
Consensus
  1. Stock Market
  2. Equities
  3. KMT Stock
  4. Financials Kennametal Inc.