KNOWLES CORP (KN) Stock Fundamental Analysis
USA - NYSE:KN - US49926D1090 - Common Stock
22.59 USD
-0.19 (-0.83%)
22.591 USD
0 (0%)
Overall KN gets a fundamental rating of 4 out of 10. We evaluated KN against 125 industry peers in the Electronic Equipment, Instruments & Components industry. KN has an average financial health and profitability rating. KN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year KN was profitable.
In the past year KN had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: KN reported negative net income in multiple years.
Each year in the past 5 years KN had a positive operating cash flow.
1.2 Ratios
KN has a Return On Assets of 2.28%. This is comparable to the rest of the industry: KN outperforms 59.20% of its industry peers.
KN has a Return On Equity (3.32%) which is in line with its industry peers.
KN's Return On Invested Capital of 4.39% is in line compared to the rest of the industry. KN outperforms 57.60% of its industry peers.
KN had an Average Return On Invested Capital over the past 3 years of 4.19%. This is significantly below the industry average of 9.48%.
The 3 year average ROIC (4.19%) for KN is below the current ROIC(4.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.28% | ||
| ROE | 3.32% | ||
| ROIC | 4.39% |
ROA(3y)-17.55%
ROA(5y)-8.71%
ROE(3y)-22.59%
ROE(5y)-11.39%
ROIC(3y)4.19%
ROIC(5y)4.04%
1.3 Margins
KN has a better Profit Margin (4.40%) than 66.40% of its industry peers.
The Operating Margin of KN (10.66%) is better than 77.60% of its industry peers.
KN's Operating Margin has been stable in the last couple of years.
KN has a better Gross Margin (43.05%) than 74.40% of its industry peers.
KN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.66% | ||
| PM (TTM) | 4.4% | ||
| GM | 43.05% |
OM growth 3Y-10.39%
OM growth 5Y-0.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.08%
GM growth 5Y2.09%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KN is destroying value.
Compared to 1 year ago, KN has less shares outstanding
KN has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, KN has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.53 indicates that KN is not in any danger for bankruptcy at the moment.
KN has a Altman-Z score (3.53) which is in line with its industry peers.
The Debt to FCF ratio of KN is 1.74, which is an excellent value as it means it would take KN, only 1.74 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.74, KN is in the better half of the industry, outperforming 79.20% of the companies in the same industry.
A Debt/Equity ratio of 0.16 indicates that KN is not too dependend on debt financing.
KN has a Debt to Equity ratio of 0.16. This is comparable to the rest of the industry: KN outperforms 52.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3.53 |
ROIC/WACC0.48
WACC9.1%
2.3 Liquidity
KN has a Current Ratio of 2.00. This indicates that KN is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.00, KN perfoms like the industry average, outperforming 40.80% of the companies in the same industry.
KN has a Quick Ratio of 1.29. This is a normal value and indicates that KN is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.29, KN is not doing good in the industry: 64.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
The earnings per share for KN have decreased by -7.77% in the last year.
KN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.13% yearly.
The Revenue for KN has decreased by -34.16% in the past year. This is quite bad
KN shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.33% yearly.
EPS 1Y (TTM)-7.77%
EPS 3Y-14.09%
EPS 5Y-2.13%
EPS Q2Q%0%
Revenue 1Y (TTM)-34.16%
Revenue growth 3Y-13.93%
Revenue growth 5Y-8.33%
Sales Q2Q%-28.72%
3.2 Future
The Earnings Per Share is expected to grow by 14.40% on average over the next years. This is quite good.
Based on estimates for the next years, KN will show a decrease in Revenue. The Revenue will decrease by -5.85% on average per year.
EPS Next Y12.82%
EPS Next 2Y14.4%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-15.69%
Revenue Next 2Y-5.85%
Revenue Next 3YN/A
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
A Price/Earnings ratio of 23.78 indicates a rather expensive valuation of KN.
KN's Price/Earnings ratio is a bit cheaper when compared to the industry. KN is cheaper than 75.20% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.38. KN is around the same levels.
A Price/Forward Earnings ratio of 17.79 indicates a rather expensive valuation of KN.
Based on the Price/Forward Earnings ratio, KN is valued a bit cheaper than the industry average as 77.60% of the companies are valued more expensively.
KN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.78 | ||
| Fwd PE | 17.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KN is valued a bit cheaper than the industry average as 62.40% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, KN is valued cheaper than 89.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.72 | ||
| EV/EBITDA | 20.23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates KN does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as KN's earnings are expected to grow with 14.40% in the coming years.
PEG (NY)1.85
PEG (5Y)N/A
EPS Next 2Y14.4%
EPS Next 3YN/A
5. Dividend
5.1 Amount
KN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.59
-0.19 (-0.83%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners105.46%
Inst Owner Change-1.15%
Ins Owners2.01%
Ins Owner Change2.49%
Market Cap1.94B
Analysts83.33
Price Target22.95 (1.59%)
Short Float %4.03%
Short Ratio5.42
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)1
Avg EPS beat(2)-1.35%
Min EPS beat(2)-2.91%
Max EPS beat(2)0.22%
EPS beat(4)1
Avg EPS beat(4)-2.89%
Min EPS beat(4)-7.21%
Max EPS beat(4)0.22%
EPS beat(8)3
Avg EPS beat(8)-0.87%
EPS beat(12)6
Avg EPS beat(12)2.25%
EPS beat(16)10
Avg EPS beat(16)3.46%
Revenue beat(2)1
Avg Revenue beat(2)0.45%
Min Revenue beat(2)-0.47%
Max Revenue beat(2)1.36%
Revenue beat(4)1
Avg Revenue beat(4)-4.4%
Min Revenue beat(4)-13.25%
Max Revenue beat(4)1.36%
Revenue beat(8)1
Avg Revenue beat(8)-3.58%
Revenue beat(12)1
Avg Revenue beat(12)-3.98%
Revenue beat(16)1
Avg Revenue beat(16)-3.98%
PT rev (1m)0%
PT rev (3m)8.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)1.19%
EPS NY rev (3m)0.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.78 | ||
| Fwd PE | 17.79 | ||
| P/S | 3.45 | ||
| P/FCF | 17.72 | ||
| P/OCF | 15.45 | ||
| P/B | 2.6 | ||
| P/tB | 5.94 | ||
| EV/EBITDA | 20.23 |
EPS(TTM)0.95
EY4.21%
EPS(NY)1.27
Fwd EY5.62%
FCF(TTM)1.27
FCFY5.64%
OCF(TTM)1.46
OCFY6.47%
SpS6.56
BVpS8.69
TBVpS3.8
PEG (NY)1.85
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.28% | ||
| ROE | 3.32% | ||
| ROCE | 6.51% | ||
| ROIC | 4.39% | ||
| ROICexc | 4.95% | ||
| ROICexgc | 10.15% | ||
| OM | 10.66% | ||
| PM (TTM) | 4.4% | ||
| GM | 43.05% | ||
| FCFM | 19.45% |
ROA(3y)-17.55%
ROA(5y)-8.71%
ROE(3y)-22.59%
ROE(5y)-11.39%
ROIC(3y)4.19%
ROIC(5y)4.04%
ROICexc(3y)4.56%
ROICexc(5y)4.37%
ROICexgc(3y)10.18%
ROICexgc(5y)12.65%
ROCE(3y)6.21%
ROCE(5y)5.98%
ROICexcg growth 3Y-16.68%
ROICexcg growth 5Y-5.92%
ROICexc growth 3Y-4.59%
ROICexc growth 5Y2.67%
OM growth 3Y-10.39%
OM growth 5Y-0.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.08%
GM growth 5Y2.09%
F-Score7
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.74 | ||
| Debt/EBITDA | 1.18 | ||
| Cap/Depr | 39.27% | ||
| Cap/Sales | 2.86% | ||
| Interest Coverage | 6.45 | ||
| Cash Conversion | 124.36% | ||
| Profit Quality | 441.53% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 3.53 |
F-Score7
WACC9.1%
ROIC/WACC0.48
Cap/Depr(3y)41.19%
Cap/Depr(5y)50.8%
Cap/Sales(3y)3.47%
Cap/Sales(5y)4.04%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.77%
EPS 3Y-14.09%
EPS 5Y-2.13%
EPS Q2Q%0%
EPS Next Y12.82%
EPS Next 2Y14.4%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-34.16%
Revenue growth 3Y-13.93%
Revenue growth 5Y-8.33%
Sales Q2Q%-28.72%
Revenue Next Year-15.69%
Revenue Next 2Y-5.85%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1.01%
EBIT growth 3Y-22.87%
EBIT growth 5Y-8.74%
EBIT Next Year18.53%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y76.05%
FCF growth 3Y-4.44%
FCF growth 5Y7.09%
OCF growth 1Y42.24%
OCF growth 3Y-10.6%
OCF growth 5Y0.98%