Kellanova
Find Ratings ReportsKELLANOVA's gross profit margin for the fourth quarter of its fiscal year 2023 has increased when compared to the same period a year ago. Sales and net income have grown, and although the growth in revenues has outpaced the average competitor within the subsector, the net income growth has not. KELLANOVA has very weak liquidity. Currently, the Quick Ratio is 0.36 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has decreased by 19.43% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 3174.0 | 3164.0 |
EBITDA ($mil) | 0.0 | 0.0 |
EBIT ($mil) | 409.0 | 261.0 |
Net Income ($mil) | 27.0 | -99.0 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 274.0 | 299.0 |
Total Assets ($mil) | 15621.0 | 18496.0 |
Total Debt ($mil) | 6526.0 | 7171.0 |
Equity ($mil) | 3175.0 | 3941.0 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 34.66 | 29.9 |
EBITDA Margin | 0.0 | 0.0 |
Operating Margin | 12.89 | 8.25 |
Sales Turnover | 0.84 | 0.68 |
Return on Assets | 6.08 | 5.19 |
Return on Equity | 24.41 | 18.5 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.66 | 0.66 |
Debt/Capital | 0.67 | 0.65 |
Interest Expense | 85.0 | 66.0 |
Interest Coverage | 4.81 | 3.95 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 340.59 | 341.8 |
Div / share | 0.56 | 0.59 |
EPS | 0.16 | -0.08 |
Book value / share | 9.32 | 11.53 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 2959458.0 | 2907418.0 |
HOLD. This stock's P/E ratio indicates a premium compared to an average of 18.98 for the Food Manufacturing subsector and a discount compared to the S&P 500 average of 27.95. To use another comparison, its price-to-book ratio of 5.68 indicates a premium versus the S&P 500 average of 4.68 and a significant premium versus the subsector average of 3.20. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, KELLANOVA proves to trade at a premium to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
K 23.53 | Peers 18.98 | K 10.96 | Peers 15.41 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. K is trading at a premium to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. K is trading at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
K 13.86 | Peers 17.75 | K 0.40 | Peers 2.43 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. K is trading at a discount to its peers. |
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. K trades at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
K 5.68 | Peers 3.20 | K 5.63 | Peers 16.04 | |||||||||||||||||||||
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. K is trading at a significant premium to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, K is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
K 1.37 | Peers 1.93 | K 3.70 | Peers 6.04 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. K is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. K significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||