Stocktoria

KADANT INC KAI

NYSE · stock · Special Industry Machinery (No Metalworking Machinery) · website · IPO 1992-11-03 · LEI

KADANT INC statistics & valuation

Market cap$3.8B
P / E37.6×
P / S3.6×
P / B3.9×
P / FCF24.8×
Dividend yield0.41%
Net margin9.7%
Return on equity10.3%
FCF margin14.7%
Net debt$253.2M
Net debt / EBITDA1.2×
Enterprise value USD$4.1B
EV / EBITDA19.6×
Earnings yield EBIT/EV3.8%
Return on capital10.6%
Graham number -61.7%$127.89

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($127.89); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.70% 6.00% 9.50% 7.40% 8.70% 10.70% 13.40% 12.10% 10.60% 9.70% 2016201720182019202120222022202320242026
Gross margin (%)
2016201720182019202120222022202320242026
Operating margin (%)
11.30% 12.00% 14.00% 12.50% 12.80% 14.80% 18.90% 17.30% 16.30% 14.90% 2016201720182019202120222022202320242026
Return on equity (%)
11.30% 9.40% 16.10% 12.20% 11.10% 14.90% 18.40% 15.00% 13.00% 10.30% 2016201720182019202120222022202320242026
Shares outstanding
11.1M 11.3M 11.4M 11.5M 11.6M 11.7M 11.7M 11.7M 11.8M 11.8M 2016201720182019202120222022202320242026
Net debt ($)
$228.3M $162.3M $173.4M $122.8M $5.3M $191.8M $253.2M 2016201720182019202120222022202320242026
Share buybacks ($)
2016201720182019202120222022202320242026
Return on assets (%)
6.80% 4.10% 8.30% 5.50% 6.00% 7.40% 10.50% 9.90% 7.80% 6.00% 2016201720182019202120222022202320242026
Free cash flow margin (%)
10.90% 9.30% 7.30% 12.40% 13.40% 19.00% 8.20% 14.00% 12.70% 14.70% 2016201720182019202120222022202320242026
Debt / equity (×)
0.69× 0.46× 0.47× 0.30× 0.14× 0.33× 0.38× 2016201720182019202120222022202320242026
EPS ($)
$2.88 $2.75 $5.30 $4.54 $4.77 $7.21 $10.35 $9.90 $9.48 $8.65 2016201720182019202120222022202320242026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

KADANT INC trades at about 38.6× earnings — above its 10-year norm (10-year range 16.1×–39.3×, median 29×).

16.1× 39.3×

Shaded band = 10-year range (16.1×–39.3×); dot = today's 38.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2024FY2023FY2022FY2022FY2021FY2019FY2018FY2017FY2016
Operating margin14.9%16.3%17.3%18.9%14.8%12.8%12.5%14.0%12.0%11.3%
Net margin9.7%10.6%12.1%13.4%10.7%8.7%7.4%9.5%6.0%7.7%
FCF margin14.7%12.7%14.0%8.2%19.0%13.4%12.4%7.3%9.3%10.9%
Return on assets6.0%7.8%9.9%10.5%7.4%6.0%5.5%8.3%4.1%6.8%
Return on equity10.3%13.0%15.0%18.4%14.9%11.1%12.2%16.1%9.4%11.3%
Debt / equity0.38×0.33×0.14×0.30×0.47×0.46×0.69×———
Current ratio2.382.312.051.951.732.152.041.962.012.33

Computed from company filings · US · as of 2026-01-03. Facts plus Stocktoria's own computed scores — not investment advice.