Kennametal Stock Price To Book
KMT Stock | USD 26.49 0.04 0.15% |
Kennametal fundamentals help investors to digest information that contributes to Kennametal's financial success or failures. It also enables traders to predict the movement of Kennametal Stock. The fundamental analysis module provides a way to measure Kennametal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kennametal stock.
Price To Book Ratio is likely to drop to 1.42 in 2024. Kennametal | Price To Book |
Kennametal Company Price To Book Analysis
Kennametal's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Kennametal Price To Book | 1.61 X |
Most of Kennametal's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kennametal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Kennametal Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Kennametal is extremely important. It helps to project a fair market value of Kennametal Stock properly, considering its historical fundamentals such as Price To Book. Since Kennametal's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Kennametal's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Kennametal's interrelated accounts and indicators.
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Kennametal Price To Book Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Kennametal price to book as a starting point in their analysis.
Kennametal Price To Book |
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Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Kennametal Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Kennametal has a Price To Book of 1.6146 times. This is 72.63% lower than that of the Machinery sector and 62.62% lower than that of the Industrials industry. The price to book for all United States stocks is 83.02% higher than that of the company.
Kennametal Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kennametal's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kennametal could also be used in its relative valuation, which is a method of valuing Kennametal by comparing valuation metrics of similar companies.Kennametal is currently under evaluation in price to book category among its peers.
Kennametal ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Kennametal's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kennametal's managers, analysts, and investors.Environmental | Governance | Social |
Kennametal Fundamentals
Return On Equity | 0.0816 | ||||
Return On Asset | 0.0428 | ||||
Profit Margin | 0.05 % | ||||
Operating Margin | 0.07 % | ||||
Current Valuation | 2.59 B | ||||
Shares Outstanding | 77.73 M | ||||
Shares Owned By Insiders | 1.23 % | ||||
Shares Owned By Institutions | 98.77 % | ||||
Number Of Shares Shorted | 6.25 M | ||||
Price To Earning | 13.35 X | ||||
Price To Book | 1.61 X | ||||
Price To Sales | 1.01 X | ||||
Revenue | 2.05 B | ||||
Gross Profit | 653.48 M | ||||
EBITDA | 306.63 M | ||||
Net Income | 109.32 M | ||||
Cash And Equivalents | 106.02 M | ||||
Cash Per Share | 0.79 X | ||||
Total Debt | 645.75 M | ||||
Debt To Equity | 0.55 % | ||||
Current Ratio | 2.03 X | ||||
Book Value Per Share | 16.43 X | ||||
Cash Flow From Operations | 277.11 M | ||||
Short Ratio | 5.80 X | ||||
Earnings Per Share | 1.28 X | ||||
Price To Earnings To Growth | 0.56 X | ||||
Target Price | 27.38 | ||||
Number Of Employees | 8.4 K | ||||
Beta | 1.64 | ||||
Market Capitalization | 2.06 B | ||||
Total Asset | 2.5 B | ||||
Retained Earnings | 1.17 B | ||||
Working Capital | 586.63 M | ||||
Current Asset | 637.38 M | ||||
Current Liabilities | 262.1 M | ||||
Annual Yield | 0.03 % | ||||
Five Year Return | 2.43 % | ||||
Net Asset | 2.5 B | ||||
Last Dividend Paid | 0.8 |
About Kennametal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kennametal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kennametal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kennametal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.