Kennametal Financials

KMT Stock  USD 28.46  0.23  0.80%   
Based on the analysis of Kennametal's profitability, liquidity, and operating efficiency, Kennametal is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Kennametal's Other Stockholder Equity is comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 2.6 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 166.2 M in 2024. Key indicators impacting Kennametal's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.590.4881
Fairly Up
Pretty Stable
Current Ratio1.742.4103
Way Down
Slightly volatile
The financial analysis of Kennametal is a critical element in measuring its lifeblood. Investors should not minimize Kennametal's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

90.65 Million

  
Understanding current and past Kennametal Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kennametal's financial statements are interrelated, with each one affecting the others. For example, an increase in Kennametal's assets may result in an increase in income on the income statement.

Kennametal Earnings Geography

Please note, the imprecision that can be found in Kennametal's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Kennametal. Check Kennametal's Beneish M Score to see the likelihood of Kennametal's management manipulating its earnings.

Kennametal Stock Summary

Kennametal competes with Chicago Rivet, Eastern, Snap On, Stanley Black, and Timken. Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania. Kennametal operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. It employs 8700 people.
Specialization
Industrials, Tools & Accessories
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4891701009
CUSIP489170100
LocationPennsylvania; U.S.A
Business Address525 William Penn
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.kennametal.com
Phone412 248 8000
CurrencyUSD - US Dollar

Kennametal Key Financial Ratios

Kennametal Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.0B2.7B2.6B2.5B2.5B2.1B
Other Current Liab233.1M212.2M184.7M193.4M184.4M166.2M
Net Debt487.8M446.4M530.0M489.8M517.8M403.8M
Retained Earnings1.0B992.6M1.1B1.1B1.2B722.6M
Cash606.7M154.0M85.6M106.0M128.0M113.3M
Net Receivables238.0M302.9M295.3M307.3M302.8M299.8M
Inventory522.4M476.3M570.8M557.6M514.6M406.0M
Total Liab1.8B1.3B1.3B1.2B1.2B1.0B
Total Current Assets1.4B1.0B1.0B1.0B1.0B890.2M
Short Term Debt500.4M22.6M33.6M12.1M26.9M25.6M
Intangible Assets132.6M120.0M105.7M93.2M81.4M77.3M
Other Current Assets73.7M71.5M72.9M55.8M57.2M61.9M
Accounts Payable164.6M177.7M227.9M203.3M191.5M160.7M
Good Will270.6M277.6M264.2M269.6M271.6M472.8M
Common Stock103.7M104.5M101.7M99.8M97.4M89.5M
Other Liab239.2M268.1M202.3M171.7M197.5M213.9M
Other Assets107.3M208.2M176.8M188.7M1.00.95
Long Term Debt594.1M592.1M594.4M595.2M596.0M577.1M
Net Tangible Assets826.7M932.0M882.6M1.3B1.1B1.0B
Long Term Debt Total594.1M592.1M594.4M595.2M684.4M665.8M
Capital Surpluse538.6M562.8M494.2M465.4M535.2M517.9M

Kennametal Key Income Statement Accounts

The reason investors look at the income statement is to determine what Kennametal's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense35.2M46.4M25.9M28.5M26.5M13.4M
Total Revenue1.9B1.8B2.0B2.1B2.0B1.9B
Gross Profit529.5M552.5M648.0M646.4M627.1M657.4M
Operating Income142.1M140.1M218.1M192.4M170.2M155.1M
Ebit142.1M156.2M239.4M199.1M185.7M181.8M
Ebitda155.9M282.7M371.1M333.1M320.4M239.3M
Cost Of Revenue1.4B1.3B1.4B1.4B1.4B1.2B
Income Before Tax2.0M64.7M206.7M159.6M144.5M117.1M
Net Income(5.0M)54.4M144.6M118.5M109.3M65.3M
Income Tax Expense7.0M6.2M56.5M36.3M30.8M41.2M
Research Development38.7M39.5M42.1M43.1M44.2M35.2M
Minority Interest38.9M38.6M(5.6M)(4.9M)(4.3M)(4.1M)
Non Recurring98.5M29.1M(1.2M)4.1M3.7M3.5M
Tax Provision13.9M6.2M56.5M36.3M30.8M34.7M
Interest Income35.2M46.4M28.4M28.5M32.8M35.4M
Net Interest Income(35.2M)(46.4M)(25.9M)(28.5M)(26.5M)(27.8M)

Kennametal Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory28.2M61.3M(127.4M)17.6M36.8M38.7M
Change In Cash424.7M(452.6M)(68.5M)20.4M22.0M23.0M
Free Cash Flow(20.4M)108.4M84.5M163.6M169.5M178.0M
Depreciation119.9M126.5M131.7M134.0M134.7M93.8M
Other Non Cash Items43.3M21.5M(4.0M)11.2M17.9M17.0M
Dividends Paid66.3M66.7M66.6M64.5M63.4M39.8M
Capital Expenditures244.2M127.3M96.9M94.4M107.6M123.8M
Net Income(5.0M)58.4M150.2M123.4M109.3M71.4M
End Period Cash Flow606.7M154.0M85.6M106.0M128.0M121.7M
Change To Netincome1.3M29.1M30.0M22.5M20.3M19.3M
Investments(218.3M)(123.0M)(94.9M)(89.2M)(109.4M)(114.9M)
Change Receivables128.7M(53.3M)(14.4M)(11.5M)(13.3M)(12.6M)
Net Borrowings500.2M(501.5M)12.9M(20.3M)(18.2M)(17.3M)

Kennametal Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Kennametal's current stock value. Our valuation model uses many indicators to compare Kennametal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kennametal competition to find correlations between indicators driving Kennametal's intrinsic value. More Info.
Kennametal is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kennametal is roughly  1.91 . At this time, Kennametal's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Kennametal by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Kennametal Systematic Risk

Kennametal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kennametal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Kennametal correlated with the market. If Beta is less than 0 Kennametal generally moves in the opposite direction as compared to the market. If Kennametal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kennametal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kennametal is generally in the same direction as the market. If Beta > 1 Kennametal moves generally in the same direction as, but more than the movement of the benchmark.

Kennametal Thematic Clasifications

Kennametal is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Kennametal Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kennametal's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Kennametal growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.59)

At this time, Kennametal's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Kennametal November 17, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Kennametal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kennametal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kennametal based on widely used predictive technical indicators. In general, we focus on analyzing Kennametal Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kennametal's daily price indicators and compare them against related drivers.

Additional Tools for Kennametal Stock Analysis

When running Kennametal's price analysis, check to measure Kennametal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kennametal is operating at the current time. Most of Kennametal's value examination focuses on studying past and present price action to predict the probability of Kennametal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennametal's price. Additionally, you may evaluate how the addition of Kennametal to your portfolios can decrease your overall portfolio volatility.