KORNIT DIGITAL LTD (KRNT)
IL0011216723 - Common Stock
We assign a fundamental rating of 4 out of 10 to KRNT. KRNT was compared to 132 industry peers in the Machinery industry. While KRNT has a great health rating, there are worries on its profitability. KRNT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
KRNT had negative earnings in the past year.
KRNT had a negative operating cash flow in the past year.
In multiple years KRNT reported negative net income over the last 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 has a worse Return On Assets (-7.43%) than 74.42% of its industry peers.
With a Return On Equity value of -8.09%, KRNT is not doing good in the industry: 71.32% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.43% | ||
| ROE | -8.09% | ||
| ROIC | N/A |
ROA(3y)-4.73%
ROA(5y)-2.49%
ROE(3y)-5.17%
ROE(5y)-2.68%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
KRNT has a better Gross Margin (35.74%) than 68.99% of its industry peers.
KRNT's Gross Margin has declined in the last couple of years.
KRNT does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 35.74% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.68%
GM growth 5Y-6.15%
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.
The number of shares outstanding for KRNT has been increased compared to 5 years ago.
KRNT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the 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 | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.01%
2.3 Liquidity
KRNT has a Current Ratio of 10.58. This indicates that KRNT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 10.58, KRNT belongs to the top of the industry, outperforming 96.90% of the companies in the same industry.
KRNT has a Quick Ratio of 9.21. This indicates that KRNT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 9.21, KRNT belongs to the top of the industry, outperforming 96.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 10.58 | ||
| Quick Ratio | 9.21 |
3. Growth
3.1 Past
KRNT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.33%, which is quite good.
The Revenue for KRNT has decreased by -19.05% in the past year. This is quite bad
KRNT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.07% yearly.
EPS 1Y (TTM)16.33%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q161.54%
Revenue 1Y (TTM)-19.05%
Revenue growth 3Y4.37%
Revenue growth 5Y9.07%
Revenue growth Q2Q-10.61%
3.2 Future
The Earnings Per Share is expected to grow by 50.64% on average over the next years. This is a very strong growth
Based on estimates for the next years, KRNT will show a quite strong growth in Revenue. The Revenue will grow by 11.02% on average per year.
EPS Next Y125.38%
EPS Next 2Y71.19%
EPS Next 3Y50.64%
EPS Next 5YN/A
Revenue Next Year2.15%
Revenue Next 2Y8.03%
Revenue Next 3Y11.02%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
KRNT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 152.63, the valuation of KRNT can be described as expensive.
Based on the Price/Forward Earnings ratio, KRNT is valued a bit more expensive than the industry average as 67.44% of the companies are valued more cheaply.
KRNT is valuated expensively when we compare the Price/Forward Earnings ratio to 21.49, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 152.63 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
KRNT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as KRNT's earnings are expected to grow with 50.64% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y71.19%
EPS Next 3Y50.64%
5. Dividend
5.1 Amount
No dividends for KRNT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
KORNIT DIGITAL LTD
NASDAQ:KRNT (4/26/2024, 7:00:17 PM)
After market: 15.88 0 (0%)15.88
+0.67 (+4.4%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap758.11M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 152.63 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.43% | ||
| ROE | -8.09% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 35.74% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 10.58 | ||
| Quick Ratio | 9.21 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)16.33%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y125.38%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-19.05%
Revenue growth 3Y4.37%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y