Intrinsic value of Knoll Inc. - KNL

Previous Close

$18.11

  Intrinsic Value

$31.97

stock screener

  Rating & Target

str. buy

+77%

  Value-price divergence*

+91%

Previous close

$18.11

 
Intrinsic value

$31.97

 
Up/down potential

+77%

 
Rating

str. buy

 
Value-price divergence*

+91%

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of KNL stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 0.9

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  5.43
  2.00
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
Revenue, $m
  1,164
  1,187
  1,215
  1,246
  1,281
  1,320
  1,362
  1,409
  1,459
  1,513
  1,571
  1,633
  1,699
  1,770
  1,845
  1,925
  2,009
  2,098
  2,193
  2,292
  2,398
  2,509
  2,626
  2,750
  2,880
  3,017
  3,161
  3,313
  3,473
  3,641
  3,818
Variable operating expenses, $m
 
  495
  506
  519
  533
  548
  566
  584
  605
  627
  650
  661
  688
  717
  747
  779
  813
  850
  888
  928
  971
  1,016
  1,063
  1,113
  1,166
  1,222
  1,280
  1,341
  1,406
  1,474
  1,546
Fixed operating expenses, $m
 
  571
  585
  600
  615
  630
  646
  662
  679
  696
  713
  731
  749
  768
  787
  807
  827
  848
  869
  890
  913
  936
  959
  983
  1,007
  1,033
  1,058
  1,085
  1,112
  1,140
  1,168
Total operating expenses, $m
  1,028
  1,066
  1,091
  1,119
  1,148
  1,178
  1,212
  1,246
  1,284
  1,323
  1,363
  1,392
  1,437
  1,485
  1,534
  1,586
  1,640
  1,698
  1,757
  1,818
  1,884
  1,952
  2,022
  2,096
  2,173
  2,255
  2,338
  2,426
  2,518
  2,614
  2,714
Operating income, $m
  136
  122
  124
  127
  133
  141
  151
  162
  175
  191
  208
  241
  262
  286
  311
  339
  369
  401
  436
  474
  514
  558
  604
  653
  706
  763
  823
  887
  955
  1,027
  1,104
EBITDA, $m
  159
  153
  156
  160
  167
  175
  185
  197
  211
  227
  246
  266
  288
  312
  339
  368
  399
  433
  469
  508
  550
  595
  643
  695
  750
  808
  870
  937
  1,007
  1,082
  1,161
Interest expense (income), $m
  5
  7
  8
  8
  9
  9
  10
  10
  11
  12
  13
  14
  15
  16
  17
  18
  20
  21
  22
  24
  26
  27
  29
  31
  33
  35
  37
  40
  42
  45
  48
Earnings before tax, $m
  128
  114
  116
  119
  125
  132
  141
  152
  164
  179
  195
  227
  247
  270
  294
  320
  349
  380
  414
  450
  489
  530
  575
  622
  673
  728
  786
  847
  913
  982
  1,056
Tax expense, $m
  46
  31
  31
  32
  34
  36
  38
  41
  44
  48
  53
  61
  67
  73
  79
  86
  94
  103
  112
  121
  132
  143
  155
  168
  182
  196
  212
  229
  246
  265
  285
Net income, $m
  82
  83
  85
  87
  91
  96
  103
  111
  120
  130
  142
  166
  181
  197
  215
  234
  255
  278
  302
  328
  357
  387
  420
  454
  492
  531
  573
  618
  666
  717
  771

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  10
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  859
  866
  886
  909
  934
  963
  994
  1,027
  1,064
  1,104
  1,146
  1,191
  1,240
  1,291
  1,346
  1,404
  1,465
  1,530
  1,599
  1,672
  1,749
  1,830
  1,915
  2,006
  2,101
  2,201
  2,306
  2,417
  2,533
  2,656
  2,785
Adjusted assets (=assets-cash), $m
  849
  866
  886
  909
  934
  963
  994
  1,027
  1,064
  1,104
  1,146
  1,191
  1,240
  1,291
  1,346
  1,404
  1,465
  1,530
  1,599
  1,672
  1,749
  1,830
  1,915
  2,006
  2,101
  2,201
  2,306
  2,417
  2,533
  2,656
  2,785
Revenue / Adjusted assets
  1.371
  1.371
  1.371
  1.371
  1.372
  1.371
  1.370
  1.372
  1.371
  1.370
  1.371
  1.371
  1.370
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
  1.371
Average production assets, $m
  426
  435
  445
  456
  469
  483
  499
  516
  534
  554
  575
  598
  622
  648
  675
  704
  735
  768
  803
  839
  878
  918
  961
  1,006
  1,054
  1,104
  1,157
  1,213
  1,271
  1,333
  1,397
Working capital, $m
  55
  56
  57
  59
  60
  62
  64
  66
  69
  71
  74
  77
  80
  83
  87
  90
  94
  99
  103
  108
  113
  118
  123
  129
  135
  142
  149
  156
  163
  171
  179
Total debt, $m
  218
  219
  231
  246
  262
  280
  300
  321
  345
  370
  397
  426
  456
  489
  524
  561
  600
  641
  685
  731
  780
  832
  886
  944
  1,004
  1,068
  1,135
  1,205
  1,279
  1,357
  1,439
Total liabilities, $m
  549
  551
  563
  578
  594
  612
  632
  653
  677
  702
  729
  758
  788
  821
  856
  893
  932
  973
  1,017
  1,063
  1,112
  1,164
  1,218
  1,276
  1,336
  1,400
  1,467
  1,537
  1,611
  1,689
  1,771
Total equity, $m
  309
  315
  322
  331
  340
  350
  362
  374
  387
  402
  417
  434
  451
  470
  490
  511
  533
  557
  582
  609
  637
  666
  697
  730
  765
  801
  839
  880
  922
  967
  1,014
Total liabilities and equity, $m
  858
  866
  885
  909
  934
  962
  994
  1,027
  1,064
  1,104
  1,146
  1,192
  1,239
  1,291
  1,346
  1,404
  1,465
  1,530
  1,599
  1,672
  1,749
  1,830
  1,915
  2,006
  2,101
  2,201
  2,306
  2,417
  2,533
  2,656
  2,785
Debt-to-equity ratio
  0.706
  0.690
  0.720
  0.740
  0.770
  0.800
  0.830
  0.860
  0.890
  0.920
  0.950
  0.980
  1.010
  1.040
  1.070
  1.100
  1.120
  1.150
  1.180
  1.200
  1.230
  1.250
  1.270
  1.290
  1.310
  1.330
  1.350
  1.370
  1.390
  1.400
  1.420
Adjusted equity ratio
  0.352
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364
  0.364

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  82
  83
  85
  87
  91
  96
  103
  111
  120
  130
  142
  166
  181
  197
  215
  234
  255
  278
  302
  328
  357
  387
  420
  454
  492
  531
  573
  618
  666
  717
  771
Depreciation, amort., depletion, $m
  23
  32
  32
  33
  33
  34
  35
  35
  36
  37
  38
  24
  25
  27
  28
  29
  30
  31
  33
  34
  36
  38
  39
  41
  43
  45
  47
  50
  52
  55
  57
Funds from operations, $m
  64
  115
  117
  120
  124
  130
  137
  146
  156
  167
  180
  190
  206
  223
  242
  263
  285
  309
  335
  363
  393
  425
  459
  496
  535
  576
  621
  668
  718
  772
  828
Change in working capital, $m
  -40
  1
  1
  1
  2
  2
  2
  2
  2
  3
  3
  3
  3
  3
  4
  4
  4
  4
  4
  5
  5
  5
  6
  6
  6
  6
  7
  7
  8
  8
  8
Cash from operations, $m
  104
  114
  116
  118
  123
  128
  135
  144
  153
  165
  177
  187
  203
  220
  239
  259
  281
  305
  330
  358
  388
  419
  453
  490
  529
  570
  614
  661
  711
  764
  820
Maintenance CAPEX, $m
  0
  -17
  -18
  -18
  -19
  -19
  -20
  -20
  -21
  -22
  -23
  -24
  -24
  -25
  -27
  -28
  -29
  -30
  -31
  -33
  -34
  -36
  -38
  -39
  -41
  -43
  -45
  -47
  -50
  -52
  -55
New CAPEX, $m
  -40
  -9
  -10
  -11
  -13
  -14
  -16
  -17
  -18
  -20
  -21
  -23
  -24
  -26
  -27
  -29
  -31
  -33
  -35
  -37
  -39
  -41
  -43
  -45
  -48
  -50
  -53
  -56
  -59
  -62
  -65
Cash from investing activities, $m
  -59
  -26
  -28
  -29
  -32
  -33
  -36
  -37
  -39
  -42
  -44
  -47
  -48
  -51
  -54
  -57
  -60
  -63
  -66
  -70
  -73
  -77
  -81
  -84
  -89
  -93
  -98
  -103
  -109
  -114
  -120
Free cash flow, $m
  45
  88
  88
  89
  91
  95
  100
  106
  114
  123
  133
  141
  154
  169
  185
  202
  221
  242
  264
  289
  315
  343
  373
  405
  440
  477
  516
  558
  603
  650
  701
Issuance/(repayment) of debt, $m
  -2
  11
  13
  14
  16
  18
  20
  22
  23
  25
  27
  29
  31
  33
  35
  37
  39
  41
  44
  46
  49
  52
  54
  57
  60
  64
  67
  70
  74
  78
  82
Issuance/(repurchase) of shares, $m
  -3
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -10
  11
  13
  14
  16
  18
  20
  22
  23
  25
  27
  29
  31
  33
  35
  37
  39
  41
  44
  46
  49
  52
  54
  57
  60
  64
  67
  70
  74
  78
  82
Total cash flow (excl. dividends), $m
  35
  99
  100
  103
  107
  113
  120
  128
  137
  148
  160
  170
  185
  201
  219
  239
  260
  283
  308
  335
  364
  394
  427
  463
  500
  540
  583
  628
  677
  728
  783
Retained Cash Flow (-), $m
  -54
  -6
  -7
  -8
  -9
  -10
  -11
  -12
  -13
  -14
  -15
  -16
  -18
  -19
  -20
  -21
  -22
  -24
  -25
  -26
  -28
  -30
  -31
  -33
  -35
  -36
  -38
  -40
  -42
  -45
  -47
Prev. year cash balance distribution, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  93
  93
  95
  98
  103
  108
  116
  124
  134
  145
  153
  167
  183
  200
  218
  238
  260
  283
  308
  336
  365
  396
  430
  466
  504
  545
  588
  634
  684
  736
Discount rate, %
 
  4.50
  4.73
  4.96
  5.21
  5.47
  5.74
  6.03
  6.33
  6.65
  6.98
  7.33
  7.70
  8.08
  8.49
  8.91
  9.36
  9.82
  10.31
  10.83
  11.37
  11.94
  12.54
  13.16
  13.82
  14.51
  15.24
  16.00
  16.80
  17.64
  18.52
PV of cash for distribution, $m
 
  89
  85
  82
  80
  79
  78
  77
  76
  75
  74
  70
  69
  67
  64
  61
  57
  53
  48
  44
  39
  34
  29
  25
  21
  17
  14
  11
  8
  6
  4
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Knoll, Inc., together with its subsidiaries, designs, manufactures, markets, and sells furnishings and accessories, textiles, fine leathers, and felt for the workplace and home in the United States, Canada, and Europe. It operates through Office, Studio, and Coverings segments. The company offers systems furniture consisting of integrated panels or table desks, worksurfaces, pedestal and other storage units, power and data systems, and lighting products; office seating products comprising various work chairs; and files and storage products, such as lateral files, mobile pedestals and other storage units, bookcases, and overhead storage cabinets. It also provides a range of adjustable tables, as well as meeting, conference, training, dining, and café tables for large scale projects; stand-alone desks and table desks; technology support accessories, desktop organizational tools, lighting, and storage; various lounge seating; side, café, and dining chairs; barstools; and conference, dining, and occasional tables. In addition, the company offers upholstery, panel fabrics, wallcoverings, and drapery for corporate, hospitality, healthcare, and residential interiors; and specialty products, including side chairs, sofas, desks, and tables for the office and home use, as well as textiles, accessories, leathers, designer felt, and related products. It serves companies, governmental agencies, and other medium to large sized organizations in various industries, including financial, legal, accounting, education, healthcare, and hospitality primarily through its direct sales representatives, independent dealers, and independent retailers, as well as through retail stores and Website. The company was founded in 1938 and is headquartered in East Greenville, Pennsylvania.

FINANCIAL RATIOS  of  Knoll Inc. (KNL)

Valuation Ratios
P/E Ratio 10.8
Price to Sales 0.8
Price to Book 2.9
Price to Tangible Book
Price to Cash Flow 8.6
Price to Free Cash Flow 13.9
Growth Rates
Sales Growth Rate 5.4%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 33.3%
Cap. Spend. - 3 Yr. Gr. Rate 6.6%
Financial Strength
Quick Ratio 1
Current Ratio 0.1
LT Debt to Equity 67.3%
Total Debt to Equity 70.6%
Interest Coverage 27
Management Effectiveness
Return On Assets 9.9%
Ret/ On Assets - 3 Yr. Avg. 8.2%
Return On Total Capital 16.4%
Ret/ On T. Cap. - 3 Yr. Avg. 13.7%
Return On Equity 29.1%
Return On Equity - 3 Yr. Avg. 26.3%
Asset Turnover 1.4
Profitability Ratios
Gross Margin 38.3%
Gross Margin - 3 Yr. Avg. 37%
EBITDA Margin 13.4%
EBITDA Margin - 3 Yr. Avg. 11.7%
Operating Margin 11.7%
Oper. Margin - 3 Yr. Avg. 9.4%
Pre-Tax Margin 11%
Pre-Tax Margin - 3 Yr. Avg. 9.2%
Net Profit Margin 7%
Net Profit Margin - 3 Yr. Avg. 5.8%
Effective Tax Rate 35.9%
Eff/ Tax Rate - 3 Yr. Avg. 36.7%
Payout Ratio 35.4%

KNL stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the KNL stock intrinsic value calculation we used $1164 million for the last fiscal year's total revenue generated by Knoll Inc.. The default revenue input number comes from 2016 income statement of Knoll Inc.. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our KNL stock valuation model: a) initial revenue growth rate of 2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.5%, whose default value for KNL is calculated based on our internal credit rating of Knoll Inc., is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Knoll Inc..
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of KNL stock the variable cost ratio is equal to 41.7%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $557 million in the base year in the intrinsic value calculation for KNL stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for Knoll Inc..

Corporate tax rate of 27% is the nominal tax rate for Knoll Inc.. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the KNL stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for KNL are equal to 36.6%.

Life of production assets of 24.4 years is the average useful life of capital assets used in Knoll Inc. operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for KNL is equal to 4.7%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $309 million for Knoll Inc. - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 48.273 million for Knoll Inc. is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Knoll Inc. at the current share price and the inputted number of shares is $0.9 billion.

RELATED COMPANIES Price Int.Val. Rating
SCS Steelcase 12.95 17.98  buy
HNI HNI 35.05 41.49  hold
MLHR Herman Miller 33.00 82.32  str.buy
KBAL Kimball Intern 16.74 12.81  sell
LZB La-Z-Boy 31.05 14.23  str.sell
VIRC Virco Manufact 5.35 0.98  str.sell
FLXS Flexsteel Indu 44.41 40.24  sell

COMPANY NEWS

▶ ETFs with exposure to Knoll, Inc. : August 4, 2017   [Aug-03-17 08:36PM  Capital Cube]
▶ Investor Network: Knoll, Inc. to Host Earnings Call   [Jul-28-17 08:00AM  ACCESSWIRE]
▶ Knoll posts 2Q profit   [Jul-27-17 10:37PM  Associated Press]
▶ Knoll Reports Second Quarter Results   [04:01PM  GlobeNewswire]
▶ Knoll, Inc. to Announce 2017 Second Quarter Results   [Jul-14-17 04:01PM  GlobeNewswire]
▶ ETFs with exposure to Knoll, Inc. : June 26, 2017   [Jun-26-17 04:20PM  Capital Cube]
▶ Knoll Announces Resignation of Chief Financial Officer   [May-25-17 04:01PM  GlobeNewswire]
▶ Knoll Declares Cash Dividend   [May-09-17 04:10PM  GlobeNewswire]
▶ Knoll posts 1Q profit   [Apr-24-17 04:56PM  Associated Press]
▶ Knoll Reports First Quarter Results   [04:01PM  GlobeNewswire]
▶ Knoll, Inc. to Announce 2017 First Quarter Results   [Apr-12-17 04:01PM  GlobeNewswire]
▶ ETFs with exposure to Knoll, Inc. : April 7, 2017   [Apr-07-17 04:59PM  Capital Cube]
▶ Why Knoll Inc. Stock Fell Today   [Feb-13-17 06:22PM  Motley Fool]
▶ What Happened in the Stock Market Today   [04:56PM  Motley Fool]
▶ Knoll posts 4Q profit   [Feb-10-17 04:21PM  Associated Press]
▶ Knoll Declares Cash Dividend   [Feb-07-17 04:03PM  GlobeNewswire]
▶ Knoll, Inc. to Announce 2016 Fourth Quarter Results   [Jan-30-17 06:20PM  GlobeNewswire]
▶ 300 South Tryon lands design tenant   [Jan-20-17 09:35AM  at bizjournals.com]
▶ Is Knoll Inc (KNL) A Good Stock to Buy?   [Dec-13-16 09:07PM  at Insider Monkey]
▶ Knoll Declares Cash Dividend   [Dec-06-16 04:04PM  GlobeNewswire]
▶ Buffalo furniture maker DatesWeiser sold to Pennsylvania company   [Dec-01-16 01:55PM  at bizjournals.com]
▶ Knoll Acquires DatesWeiser   [10:34AM  GlobeNewswire]
▶ Knoll, Inc. to Announce 2016 Third Quarter Results   [Oct-07-16 04:40PM  GlobeNewswire]
▶ Knoll Declares Cash Dividend   [Aug-03-16 05:22PM  GlobeNewswire]
▶ Knoll, Inc. to Announce 2016 Second Quarter Results   [Jul-14-16 04:03PM  GlobeNewswire]
▶ Knoll Declares Cash Dividend   [May-04-16 04:04PM  GlobeNewswire]
Stock chart of KNL Financial statements of KNL
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.