KORNIT DIGITAL LTD (KRNT) Stock Fundamental Analysis
NASDAQ:KRNT - IL0011216723 - Common Stock
14.56 USD
-0.38 (-2.54%)
14.56 USD
0 (0%)
Taking everything into account, KRNT scores 4 out of 10 in our fundamental rating. KRNT was compared to 128 industry peers in the Machinery industry. While KRNT has a great health rating, there are worries on its profitability. While showing a medium growth rate, KRNT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year KRNT was profitable.
In the past year KRNT had a positive cash flow from operations.
KRNT had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: KRNT reported negative operating cash flow in multiple years.
1.2 Ratios
KRNT's Return On Assets of -1.47% is on the low side compared to the rest of the industry. KRNT is outperformed by 73.44% of its industry peers.
KRNT has a Return On Equity of -1.60%. This is in the lower half of the industry: KRNT underperforms 69.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.47% | ||
| ROE | -1.6% | ||
| ROIC | N/A |
ROA(3y)-5.94%
ROA(5y)-3.42%
ROE(3y)-6.5%
ROE(5y)-3.75%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
KRNT's Gross Margin of 47.19% is amongst the best of the industry. KRNT outperforms 88.28% of its industry peers.
In the last couple of years the Gross Margin of KRNT has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for KRNT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 47.19% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.84%
GM growth 5Y0.16%
2. Health
2.1 Basic Checks
KRNT does not have a ROIC to compare to the WACC, probably because it is not profitable.
KRNT has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, KRNT has more shares outstanding
There is no outstanding debt for KRNT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
KRNT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.82%
2.3 Liquidity
A Current Ratio of 12.75 indicates that KRNT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 12.75, KRNT belongs to the top of the industry, outperforming 96.88% of the companies in the same industry.
A Quick Ratio of 11.64 indicates that KRNT has no problem at all paying its short term obligations.
KRNT has a better Quick ratio (11.64) than 96.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 12.75 | ||
| Quick Ratio | 11.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 512.50% over the past year.
Measured over the past years, KRNT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.58% on average per year.
Looking at the last year, KRNT shows a decrease in Revenue. The Revenue has decreased by -0.27% in the last year.
Measured over the past years, KRNT shows a small growth in Revenue. The Revenue has been growing by 2.53% on average per year.
EPS 1Y (TTM)512.5%
EPS 3Y-46%
EPS 5Y-11.58%
EPS Q2Q%50%
Revenue 1Y (TTM)-0.27%
Revenue growth 3Y-14.14%
Revenue growth 5Y2.53%
Sales Q2Q%2.33%
3.2 Future
Based on estimates for the next years, KRNT will show a very strong growth in Earnings Per Share. The EPS will grow by 44.37% on average per year.
Based on estimates for the next years, KRNT will show a quite strong growth in Revenue. The Revenue will grow by 8.93% on average per year.
EPS Next Y6.76%
EPS Next 2Y28.58%
EPS Next 3Y44.37%
EPS Next 5YN/A
Revenue Next Year5%
Revenue Next 2Y6.41%
Revenue Next 3Y8.93%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 44.12, KRNT can be considered very expensive at the moment.
69.53% of the companies in the same industry are cheaper than KRNT, based on the Price/Earnings ratio.
KRNT is valuated expensively when we compare the Price/Earnings ratio to 26.90, which is the current average of the S&P500 Index.
KRNT is valuated quite expensively with a Price/Forward Earnings ratio of 44.03.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KRNT indicates a slightly more expensive valuation: KRNT is more expensive than 69.53% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.52, KRNT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.12 | ||
| Fwd PE | 44.03 |
4.2 Price Multiples
KRNT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.53 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates KRNT does not grow enough to justify the current Price/Earnings ratio.
KRNT's earnings are expected to grow with 44.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)6.53
PEG (5Y)N/A
EPS Next 2Y28.58%
EPS Next 3Y44.37%
5. Dividend
5.1 Amount
KRNT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
14.56
-0.38 (-2.54%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners98.32%
Inst Owner Change2.1%
Ins Owners0.2%
Ins Owner ChangeN/A
Market Cap652.14M
Analysts81.67
Price Target26.18 (79.81%)
Short Float %2%
Short Ratio2.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)80.65%
Min EPS beat(2)35.73%
Max EPS beat(2)125.58%
EPS beat(4)3
Avg EPS beat(4)51.65%
Min EPS beat(4)-8.41%
Max EPS beat(4)125.58%
EPS beat(8)7
Avg EPS beat(8)166.97%
EPS beat(12)9
Avg EPS beat(12)108.4%
EPS beat(16)13
Avg EPS beat(16)86.7%
Revenue beat(2)0
Avg Revenue beat(2)-5.07%
Min Revenue beat(2)-6.31%
Max Revenue beat(2)-3.83%
Revenue beat(4)0
Avg Revenue beat(4)-3.3%
Min Revenue beat(4)-6.31%
Max Revenue beat(4)-1.45%
Revenue beat(8)0
Avg Revenue beat(8)-3.52%
Revenue beat(12)0
Avg Revenue beat(12)-3.82%
Revenue beat(16)0
Avg Revenue beat(16)-4.21%
PT rev (1m)-18.95%
PT rev (3m)-14.44%
EPS NQ rev (1m)-69.79%
EPS NQ rev (3m)-72.64%
EPS NY rev (1m)-33.9%
EPS NY rev (3m)-33.9%
Revenue NQ rev (1m)-5.07%
Revenue NQ rev (3m)-5.55%
Revenue NY rev (1m)-3.57%
Revenue NY rev (3m)-3.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.12 | ||
| Fwd PE | 44.03 | ||
| P/S | 3.14 | ||
| P/FCF | 23.53 | ||
| P/OCF | 13.12 | ||
| P/B | 0.93 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.33
EY2.27%
EPS(NY)0.33
Fwd EY2.27%
FCF(TTM)0.62
FCFY4.25%
OCF(TTM)1.11
OCFY7.62%
SpS4.64
BVpS15.73
TBVpS14.97
PEG (NY)6.53
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.47% | ||
| ROE | -1.6% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 47.19% | ||
| FCFM | 13.35% |
ROA(3y)-5.94%
ROA(5y)-3.42%
ROE(3y)-6.5%
ROE(5y)-3.75%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.84%
GM growth 5Y0.16%
F-Score7
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 178.71% | ||
| Cap/Sales | 10.59% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 12.75 | ||
| Quick Ratio | 11.64 | ||
| Altman-Z | N/A |
F-Score7
WACC8.82%
ROIC/WACCN/A
Cap/Depr(3y)99.64%
Cap/Depr(5y)158.73%
Cap/Sales(3y)5.79%
Cap/Sales(5y)5.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)512.5%
EPS 3Y-46%
EPS 5Y-11.58%
EPS Q2Q%50%
EPS Next Y6.76%
EPS Next 2Y28.58%
EPS Next 3Y44.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.27%
Revenue growth 3Y-14.14%
Revenue growth 5Y2.53%
Sales Q2Q%2.33%
Revenue Next Year5%
Revenue Next 2Y6.41%
Revenue Next 3Y8.93%
Revenue Next 5YN/A
EBIT growth 1Y42.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year216.41%
EBIT Next 3Y93.92%
EBIT Next 5YN/A
FCF growth 1Y131.46%
FCF growth 3Y-4.89%
FCF growth 5Y51.2%
OCF growth 1Y166.94%
OCF growth 3Y-3.15%
OCF growth 5Y34.67%