Kennametal
Financial ratios & Valuation

Forward Multiples (2026 – 2027)

20262027
Price/Earnings ratio
12.406.84
Price/Sales ratio
0.820.74
Earnings per Share (EPS)
$1.69$3.07

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
-7.24-7.8161.1814.6212.33-472.4155.1613.3719.3616.6818.6112.33
Price/Sales ratio
1.020.841.461.231.251.261.630.961.100.890.921.26
Price/Book Value ratio
2.011.832.952.452.231.932.251.541.791.451.471.93
Price/Cash Flow ratio
7.708.0415.6410.559.9310.6512.7410.658.896.586.3510.65
Price/Free Cash Flow ratio
10.8016.2440.5327.5333.84-116.8027.7022.8814.0210.769.55-116.80
Price/Earnings Growth ratio
0.020.19-0.500.040.614.62-0.040.07-1.24-2.720.084.62
Dividend Yield
2.10%3.60%2.13%2.22%2.20%2.78%2.22%3.44%2.81%3.47%3.30%2.20%
Profitability Indicator Ratios
Gross Profit Margin
30.44%29.35%31.95%35.14%35.00%28.08%30.00%32.19%31.10%30.63%29.92%28.08%
Operating Profit Margin
-13.51%-8.33%5.48%12.98%13.84%7.53%7.60%10.83%9.25%8.31%8.30%7.53%
Pretax Profit Margin
-14.64%-9.46%3.97%11.61%13.10%0.10%3.51%10.27%7.68%7.05%6.74%0.10%
Net Profit Margin
-14.12%-10.76%2.38%8.45%10.18%-0.26%2.95%7.18%5.70%5.34%4.97%-0.26%
Effective Tax Rate
4.29%-12.74%36.51%25.44%20.35%357.5%9.65%27.34%22.71%21.32%22.31%20.35%
Return on Assets
-13.12%-9.55%2.03%6.84%9.10%-0.16%2.04%5.61%4.65%4.36%4.02%-0.16%
Return On Equity
-27.78%-23.43%4.83%16.76%18.11%-0.41%4.09%11.54%9.28%8.74%7.98%-0.41%
Return on Capital Employed
-15.11%-9.03%5.78%15.08%14.98%6.64%6.28%10.44%9.10%8.15%7.96%6.64%
Liquidity Ratios
Current Ratio
2.602.512.411.742.571.602.29N/AN/AN/A2.511.60
Quick Ratio
1.411.421.351.151.341.021.200.931.081.171.151.15
Cash ratio
0.210.370.410.620.390.670.350.170.240.300.300.67
Days of Sales Outstanding
61.4064.5167.4561.8558.3746.0760.0453.5653.9753.9950.6246.07
Days of Inventory outstanding
114.09112.97127.08124.90135.14140.64134.88152.69142.15132.30139.00135.14
Operating Cycle
175.50177.49194.54186.76193.51186.72194.93206.26196.13186.29189.63186.72
Days of Payables Outstanding
37.1444.8256.2152.7450.3344.3250.3060.9651.8349.2451.6450.33
Cash Conversion Cycle
138.35132.67138.32134.01143.17142.39144.62145.30144.29137.05137.98142.39
Debt Ratios
Debt Ratio
0.260.290.280.330.220.360.220.230.230.240.230.22
Debt Equity Ratio
0.550.720.680.830.440.880.450.490.460.480.460.44
Long-term Debt to Capitalization
0.350.410.400.330.300.320.300.320.310.320.310.30
Total Debt to Capitalization
0.350.410.400.450.300.470.310.320.310.320.310.30
Interest Coverage Ratio
7.133.616.1710.6210.393.612.82N/AN/AN/A6.463.61
Cash Flow to Debt Ratio
0.460.310.270.270.500.200.390.290.430.450.490.49
Company Equity Multiplier
2.112.452.372.441.982.462.002.051.992.001.972.46
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.130.100.090.110.120.110.120.090.120.130.140.12
Free Cash Flow / Operating Cash Flow Ratio
0.710.490.380.380.29-0.090.450.460.630.610.660.29
Cash Flow Coverage Ratio
0.460.310.270.270.500.200.390.290.430.450.490.49
Short Term Coverage Ratio
22.38115.73207.780.691.91K0.4428.178.56374.3719.59208.37208.37
Dividend Payout Ratio
-15.23%-28.19%130.50%32.52%27.17%-1313.71%122.59%46.02%54.46%58.02%62.21%27.17%