Kadant Inc
NYSE:KAI
Intrinsic Value
Kadant, Inc. is a global supplier of critical components and engineered systems used in process industries worldwide. [ Read More ]
The intrinsic value of one KAI stock under the Base Case scenario is 230.06 USD. Compared to the current market price of 328.1 USD, Kadant Inc is Overvalued by 30%.
Valuation Backtest
Kadant Inc
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Fundamental Analysis
Strong Earnings and Positive Guidance
2023-Q4 Earnings Call
The company exceeded its earnings guidance with an adjusted EPS of $10.04, a 9% increase from the previous year's $9.24, driven by higher-than-anticipated aftermarket revenue. Their annual adjusted EBITDA reached a record $201.3 million, marking a significant 58% growth since 2019 and now represents 21% of revenue. Gross margins also improved to 43.5%. However, GAAP EPS declined 4% to $9.90, influenced by a one-time gain in the previous year. Looking forward, the company projects annual revenues of $1.04 to $1.065 billion and an adjusted EPS of $9.75 to $10.05 for the following year.
Balance Sheet Decomposition
Kadant Inc
Current Assets | 440.2m |
Cash & Short-Term Investments | 106.5m |
Receivables | 142.3m |
Other Current Assets | 191.4m |
Non-Current Assets | 735.5m |
PP&E | 140.5m |
Intangibles | 551.4m |
Other Non-Current Assets | 43.6m |
Current Liabilities | 214.4m |
Accounts Payable | 42.1m |
Accrued Liabilities | 41.9m |
Other Current Liabilities | 130.5m |
Non-Current Liabilities | 187.6m |
Long-Term Debt | 107.7m |
Other Non-Current Liabilities | 79.9m |
Earnings Waterfall
Kadant Inc
Revenue
|
957.7m
USD
|
Cost of Revenue
|
-541.4m
USD
|
Gross Profit
|
416.3m
USD
|
Operating Expenses
|
-248.4m
USD
|
Operating Income
|
167.9m
USD
|
Other Expenses
|
-51.9m
USD
|
Net Income
|
116.1m
USD
|
Free Cash Flow Analysis
Kadant Inc
What is Free Cash Flow?
KAI Profitability Score
Profitability Due Diligence
Kadant Inc's profitability score is 60/100. The higher the profitability score, the more profitable the company is.
Score
Kadant Inc's profitability score is 60/100. The higher the profitability score, the more profitable the company is.
KAI Solvency Score
Solvency Due Diligence
Kadant Inc's solvency score is 85/100. The higher the solvency score, the more solvent the company is.
Score
Kadant Inc's solvency score is 85/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
KAI Price Targets Summary
Kadant Inc
According to Wall Street analysts, the average 1-year price target for KAI is 331.5 USD with a low forecast of 292.9 USD and a high forecast of 378 USD.
Ownership
KAI Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
KAI Price
Kadant Inc
Average Annual Return | 24.53% |
Standard Deviation of Annual Returns | 35.64% |
Max Drawdown | -52% |
Market Capitalization | 3.8B USD |
Shares Outstanding | 11 718 800 |
Percentage of Shares Shorted | 9.28% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Kadant, Inc. is a global supplier of critical components and engineered systems used in process industries worldwide. The company is headquartered in Westford, Massachusetts and currently employs 2,900 full-time employees. The Company’s products and services helps to enhancing efficiency, optimizing energy utilization and maximizing productivity in process industries. The company enables its customers to reduce waste or generate yield with inputs, particularly fiber, energy and water. The company operates through three segments. Flow Control segment provides custom-engineered products, systems and technologies. Industrial Processing segment provides equipment, machinery and technologies used to recycle paper, paperboard and process timber for use in the packaging, tissue, wood products and alternative fuel industries, among others. Material Handling segment provides products and engineered systems used to handle bulk and discrete materials for secondary processing or transport in the aggregates, mining, food and waste management industries, among others.
Contact
IPO
Employees
Officers
The intrinsic value of one KAI stock under the Base Case scenario is 230.06 USD.
Compared to the current market price of 328.1 USD, Kadant Inc is Overvalued by 30%.