Kennametal is not in a good financial situation at this time. It has a very high probability of going through financial hardship in February. At this time, Kennametal's Property Plant And Equipment Gross is comparatively stable compared to the past year. Good Will is likely to gain to about 472.8 M in 2025, whereas Other Current Liabilities is likely to drop slightly above 166.2 M in 2025. Key indicators impacting Kennametal's financial strength include:
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.
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 Hillman Solutions, AB SKF, Lincoln Electric, Toro, and Snap On. 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.
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.
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 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. 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
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.
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.
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.