Kornit Digital Stock Beta

KRNT Stock

USD 24.76 0.07 0.28%

Kornit Digital fundamentals help investors to digest information that contributes to Kornit Digital's financial success or failures. It also enables traders to predict the movement of Kornit Stock. The fundamental analysis module provides a way to measure Kornit Digital'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 Kornit Digital stock.

Other Current Liab Total Assets

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Kornit Digital Company Beta Analysis

Kornit Digital's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Kornit Digital Beta

2.02

Most of Kornit Digital's fundamental indicators, such as Beta, 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, Kornit Digital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Kornit Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Kornit Digital is extremely important. It helps to project a fair market value of Kornit Stock properly, considering its historical fundamentals such as Beta. Since Kornit Digital'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 Kornit Digital'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 Kornit Digital's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Short Term Investments	Total Liab	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt	Short Term Debt	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.92	0.32	-0.56	-0.4	0.53	0.9	0.86	0.68	0.91	-0.57	0.82	0.99	0.96	0.9	0.89	0.65	0.67	0.88	0.97	0.98	0.92
Total Stockholder Equity	1.0		0.92	0.29	-0.55	-0.43	0.5	0.91	0.87	0.69	0.89	-0.57	0.84	0.98	0.96	0.89	0.89	0.65	0.65	0.87	0.98	0.98	0.93
Net Tangible Assets	0.92	0.92		0.19	-0.4	-0.62	0.33	0.86	0.98	0.86	0.79	-0.69	0.95	0.92	0.86	0.86	0.99	0.61	0.57	0.94	0.95	0.94	0.97
Current Deferred Revenue	0.32	0.29	0.19		-0.22	0.23	0.53	0.25	0.15	0.22	0.59	-0.11	0.01	0.36	0.41	0.31	0.18	0.24	0.52	0.34	0.23	0.32	0.26
Net Debt	-0.56	-0.55	-0.4	-0.22		-0.33	-0.85	-0.23	-0.3	0.08	-0.67	0.15	-0.17	-0.62	-0.59	-0.38	-0.27	-0.26	-0.77	-0.33	-0.5	-0.6	-0.35
Retained Earnings	-0.4	-0.43	-0.62	0.23	-0.33		0.51	-0.6	-0.74	-0.8	-0.07	0.41	-0.77	-0.36	-0.31	-0.39	-0.69	-0.22	0.13	-0.49	-0.53	-0.43	-0.63
Accounts Payable	0.53	0.5	0.33	0.53	-0.85	0.51		0.28	0.16	-0.05	0.78	-0.25	0.07	0.58	0.58	0.48	0.22	0.45	0.84	0.41	0.39	0.52	0.29
Net Receivables	0.9	0.91	0.86	0.25	-0.23	-0.6	0.28		0.82	0.77	0.76	-0.64	0.83	0.86	0.86	0.9	0.87	0.71	0.51	0.84	0.88	0.84	0.87
Good Will	0.86	0.87	0.98	0.15	-0.3	-0.74	0.16	0.82		0.89	0.68	-0.62	0.96	0.85	0.81	0.76	0.98	0.5	0.46	0.87	0.93	0.9	0.96
Short Term Investments	0.68	0.69	0.86	0.22	0.08	-0.8	-0.05	0.77	0.89		0.53	-0.68	0.9	0.67	0.61	0.71	0.92	0.49	0.23	0.86	0.76	0.71	0.87
Total Liab	0.91	0.89	0.79	0.59	-0.67	-0.07	0.78	0.76	0.68	0.53		-0.51	0.61	0.92	0.92	0.82	0.74	0.63	0.84	0.84	0.83	0.89	0.78
Deferred Long Term Liab	-0.57	-0.57	-0.69	-0.11	0.15	0.41	-0.25	-0.64	-0.62	-0.68	-0.51		-0.63	-0.57	-0.52	-0.82	-0.69	-0.7	-0.44	-0.7	-0.55	-0.55	-0.62
Long Term Investments	0.82	0.84	0.95	0.01	-0.17	-0.77	0.07	0.83	0.96	0.9	0.61	-0.63		0.79	0.75	0.77	0.97	0.55	0.35	0.88	0.89	0.84	0.92
Total Current Assets	0.99	0.98	0.92	0.36	-0.62	-0.36	0.58	0.86	0.85	0.67	0.92	-0.57	0.79		0.95	0.89	0.87	0.64	0.7	0.87	0.97	0.99	0.93
Intangible Assets	0.96	0.96	0.86	0.41	-0.59	-0.31	0.58	0.86	0.81	0.61	0.92	-0.52	0.75	0.95		0.84	0.82	0.66	0.77	0.8	0.92	0.93	0.85
Common Stock	0.9	0.89	0.86	0.31	-0.38	-0.39	0.48	0.9	0.76	0.71	0.82	-0.82	0.77	0.89	0.84		0.84	0.82	0.61	0.87	0.85	0.84	0.85
Property Plant Equipment	0.89	0.89	0.99	0.18	-0.27	-0.69	0.22	0.87	0.98	0.92	0.74	-0.69	0.97	0.87	0.82	0.84		0.6	0.48	0.95	0.93	0.91	0.97
Short Long Term Debt	0.65	0.65	0.61	0.24	-0.26	-0.22	0.45	0.71	0.5	0.49	0.63	-0.7	0.55	0.64	0.66	0.82	0.6		0.63	0.66	0.57	0.57	0.58
Short Term Debt	0.67	0.65	0.57	0.52	-0.77	0.13	0.84	0.51	0.46	0.23	0.84	-0.44	0.35	0.7	0.77	0.61	0.48	0.63		0.56	0.56	0.66	0.49
Capital Surpluse	0.88	0.87	0.94	0.34	-0.33	-0.49	0.41	0.84	0.87	0.86	0.84	-0.7	0.88	0.87	0.8	0.87	0.95	0.66	0.56		0.88	0.88	0.92
Net Invested Capital	0.97	0.98	0.95	0.23	-0.5	-0.53	0.39	0.88	0.93	0.76	0.83	-0.55	0.89	0.97	0.92	0.85	0.93	0.57	0.56	0.88		0.99	0.97
Net Working Capital	0.98	0.98	0.94	0.32	-0.6	-0.43	0.52	0.84	0.9	0.71	0.89	-0.55	0.84	0.99	0.93	0.84	0.91	0.57	0.66	0.88	0.99		0.95
Capital Stock	0.92	0.93	0.97	0.26	-0.35	-0.63	0.29	0.87	0.96	0.87	0.78	-0.62	0.92	0.93	0.85	0.85	0.97	0.58	0.49	0.92	0.97	0.95

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Kornit Digital

In accordance with the recently published financial statements, Kornit Digital has a Beta of 2.02. This is 47.45% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.

Kornit Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kornit Digital's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kornit Digital could also be used in its relative valuation, which is a method of valuing Kornit Digital by comparing valuation metrics of similar companies.

Kornit Digital is currently under evaluation in beta category among its peers.

Kornit Digital Current Valuation Drivers

We derive many important indicators used in calculating different scores of Kornit Digital from analyzing Kornit Digital's financial statements. These drivers represent accounts that assess Kornit Digital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Kornit Digital's important valuation drivers and their relationship over time.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	3.8B	7.2B	1.1B	941.9M	847.7M	1.4B
Enterprise Value	3.7B	6.6B	1.1B	925.9M	833.3M	1.4B

Kornit Digital 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, Kornit Digital's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kornit Digital's managers, analysts, and investors.

Environmental

Governance

Social

Kornit Digital Institutional Holders

Institutional Holdings refers to the ownership stake in Kornit Digital that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kornit Digital's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kornit Digital's value.

		Shares
Meitav Dash Investments Ltd	2024-12-31	1.1 M
Hood River Capital Management Llc	2024-12-31	1.1 M
Schroder Investment Management Group	2024-12-31	875.9 K
Pathstone Holdings Llc	2024-12-31	859.7 K
Alyeska Investment Group, L.p.	2024-12-31	765.7 K
Gilder Gagnon Howe & Co Llc	2024-12-31	758.8 K
Hhg Plc	2024-12-31	740.1 K
Artemis Investment Management Llp	2024-12-31	641.9 K
Polar Asset Management Partners	2024-09-30	621 K
Rima Management, Llc	2024-12-31	4.2 M
Morgan Stanley - Brokerage Accounts	2024-12-31	3.6 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kornit Digital will likely underperform.

Kornit Fundamentals

	Return On Equity	-0.0221
	Return On Asset	-0.0261
	Profit Margin	(0.08) %
	Operating Margin	(0.0006) %
	Current Valuation	730.98 M
	Shares Outstanding	47.55 M
	Shares Owned By Insiders	0.19 %
	Shares Owned By Institutions	99.81 %
	Number Of Shares Shorted	971.89 K
	Price To Earning	264.91 X
	Price To Book	1.62 X
	Price To Sales	5.78 X
	Revenue	203.82 M
	Gross Profit	93.74 M
	EBITDA	(1.92 M)
	Net Income	(16.8 M)
	Cash And Equivalents	447.42 M
	Cash Per Share	8.98 X
	Total Debt	18.38 M
	Debt To Equity	0.03 %
	Current Ratio	7.33 X
	Book Value Per Share	15.41 X
	Cash Flow From Operations	48.73 M
	Short Ratio	3.79 X
	Earnings Per Share	(0.35) X
	Price To Earnings To Growth	0.89 X
	Target Price	33.5
	Beta	2.02
	Market Capitalization	1.18 B
	Total Asset	787.48 M
	Retained Earnings	(99.93 M)
	Working Capital	472.29 M
	Current Asset	86.71 M
	Current Liabilities	21.25 M
	Net Asset	787.48 M

About Kornit Digital Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kornit Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kornit Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kornit Digital 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 Kornit Stock Analysis

When running Kornit Digital's price analysis, check to measure Kornit Digital'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 Kornit Digital is operating at the current time. Most of Kornit Digital's value examination focuses on studying past and present price action to predict the probability of Kornit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kornit Digital's price. Additionally, you may evaluate how the addition of Kornit Digital to your portfolios can decrease your overall portfolio volatility.

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