Kennametal Inc Stock Fair Value Calculator – Kennametal India Share Price Closes Today: Live Updates
December 4, 2023
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Kennametal India’s share price closed today at its closing price. Kennametal Inc ($NYSE:KMT). is a leading global supplier of tooling, engineered components and advanced materials consumed in production processes. As a company, Kennametal Inc. offers a variety of products and services for the industrial, metalworking, and transportation sectors. Their product portfolio includes metalworking tools, tooling systems, and high-performance materials, such as tungsten carbide and ceramic materials.
In addition to their products, the company provides services such as engineering design, maintenance, and repair. With an expansive product portfolio, Kennametal Inc. is well-equipped to meet the needs of their customers all around the world.
Price History
KENNAMETAL INC share price continued to rise on Friday as the stock opened at $23.3 and closed at $24.2, up by 3.6% from the last closing price of 23.3. This increase in the share price was largely due to strong investor confidence as market sentiments remain positive overall. The stock has been steadily climbing since the start of the year, making it an attractive investment option for many investors. With a strong outlook and steady performance, KENNAMETAL INC is expected to remain a key player in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kennametal Inc. More…
| Total Revenues | Net Income | Net Margin |
| 2.08k | 120.32 | 6.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kennametal Inc. More…
| Operations | Investing | Financing |
| 257.94 | -89.23 | -143.11 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kennametal Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.51k | 1.21k | 15.75 |
Key Ratios Snapshot
Some of the financial key ratios for Kennametal Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.5% | 19.6% | 8.9% |
| FCF Margin | ROE | ROA |
| 7.9% | 9.2% | 4.6% |
Analysis – Kennametal Inc Stock Fair Value Calculator
At GoodWhale, we performed an in-depth analysis of KENNAMETAL INC‘s fundamentals. Our proprietary Valuation Line gave us the fair value of KENNAMETAL INC’s share to be around $33.5. As of now, KENNAMETAL INC’s stock is trading at $24.2, which means that it is undervalued by 27.8%. More…
Peers
In the metalworking and mining industries, there is intense competition between Kennametal Inc and its competitors KFM Kingdom Holdings Ltd, Kennametal India Ltd, and Jiangsu Tongrun Equipment Technology Co Ltd. All four companies are striving to develop new technologies and products to gain market share. This competition has led to innovation and lower prices for customers. It is expected that this competition will continue to benefit customers in the future.
– KFM Kingdom Holdings Ltd ($SEHK:03816)
Kingdom Holdings Ltd has a market cap of 115.8M as of 2022. The company has a return on equity of 3.48%. The company is involved in the business of investment holding and the provision of management services. The Group’s investment portfolio includes shares, properties, loans and other investments.
– Kennametal India Ltd ($BSE:505890)
Founded in 1938, Kennametal India Ltd is a leading manufacturer of metal cutting and wear-resistant solutions. With a market cap of 56.61B as of 2022, the company has a strong presence in the global market. Kennametal India’s return on equity is 14.77%, indicating that the company is efficient in utilizing its shareholders’ equity to generate profits. The company’s products are used in a variety of industries, including aerospace, automotive, construction, energy, and mining. Kennametal India’s products are known for their durability and performance, making the company a trusted partner for customers around the world.
– Jiangsu Tongrun Equipment Technology Co Ltd ($SZSE:002150)
Jiangsu Tongrun Equipment Technology Co., Ltd. is engaged in the research, development, production and sale of metallurgical equipment and industrial furnaces. The Company’s products portfolio includes blast furnaces, sintering machines, coke ovens, ironmaking and steelmaking equipment, non-ferrous metal smelting and rolling equipment, industrial furnaces, environmental protection and energy conservation products, new materials and new energy equipment, spare parts and other products. The Company operates its business through two segments: manufacture and sale of metallurgical equipment and industrial furnaces, and provision of engineering services. The Company has operations in domestic and overseas markets.
Summary
The company’s stock performance has been consistently strong over the years, with good returns for investors. Analysts forecast steady growth in the near future, driven by strong demand for steel and metal products and cost-saving initiatives being implemented by the company. With a strong balance sheet, low debt-equity ratio, and increasing earnings per share, Kennametal Inc presents an attractive opportunity for investors.
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