Intrinsic value of Kadant - KAI

Previous Close

$100.26

  Intrinsic Value

$404.52

stock screener

  Rating & Target

str. buy

+303%

Previous close

$100.26

 
Intrinsic value

$404.52

 
Up/down potential

+303%

 
Rating

str. buy

We calculate the intrinsic value of KAI 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 0001), $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 1.1

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  40.50
  36.95
  33.76
  30.88
  28.29
  25.96
  23.87
  21.98
  20.28
  18.75
  17.38
  16.14
  15.03
  14.02
  13.12
  12.31
  11.58
  10.92
  10.33
  9.80
  9.32
  8.88
  8.50
  8.15
  7.83
  7.55
  7.29
  7.06
  6.86
  6.67
Revenue, $m
  724
  991
  1,326
  1,735
  2,226
  2,803
  3,473
  4,236
  5,095
  6,050
  7,102
  8,248
  9,487
  10,818
  12,237
  13,744
  15,335
  17,009
  18,766
  20,605
  22,524
  24,525
  26,609
  28,776
  31,030
  33,372
  35,807
  38,336
  40,965
  43,698
Variable operating expenses, $m
  599
  805
  1,064
  1,380
  1,759
  2,205
  2,721
  3,311
  3,974
  4,712
  5,484
  6,369
  7,326
  8,353
  9,449
  10,612
  11,841
  13,134
  14,490
  15,909
  17,392
  18,937
  20,546
  22,219
  23,959
  25,768
  27,647
  29,601
  31,631
  33,741
Fixed operating expenses, $m
  17
  18
  18
  19
  19
  19
  20
  20
  21
  21
  22
  22
  23
  23
  24
  24
  25
  25
  26
  26
  27
  27
  28
  29
  29
  30
  31
  31
  32
  33
Total operating expenses, $m
  616
  823
  1,082
  1,399
  1,778
  2,224
  2,741
  3,331
  3,995
  4,733
  5,506
  6,391
  7,349
  8,376
  9,473
  10,636
  11,866
  13,159
  14,516
  15,935
  17,419
  18,964
  20,574
  22,248
  23,988
  25,798
  27,678
  29,632
  31,663
  33,774
Operating income, $m
  107
  168
  244
  337
  448
  579
  731
  905
  1,100
  1,317
  1,597
  1,857
  2,139
  2,442
  2,765
  3,108
  3,470
  3,851
  4,250
  4,669
  5,106
  5,561
  6,035
  6,529
  7,041
  7,575
  8,129
  8,704
  9,303
  9,925
EBITDA, $m
  164
  230
  313
  415
  537
  681
  848
  1,039
  1,253
  1,491
  1,754
  2,040
  2,349
  2,681
  3,036
  3,412
  3,809
  4,227
  4,666
  5,125
  5,604
  6,103
  6,624
  7,165
  7,728
  8,313
  8,920
  9,552
  10,209
  10,891
Interest expense (income), $m
  1
  13
  22
  35
  50
  68
  90
  116
  146
  181
  219
  263
  310
  362
  417
  477
  541
  609
  681
  756
  836
  918
  1,005
  1,095
  1,189
  1,287
  1,388
  1,494
  1,604
  1,718
  1,836
Earnings before tax, $m
  94
  145
  209
  287
  380
  489
  615
  759
  919
  1,098
  1,334
  1,547
  1,778
  2,025
  2,288
  2,566
  2,860
  3,170
  3,494
  3,833
  4,187
  4,556
  4,940
  5,340
  5,755
  6,186
  6,635
  7,101
  7,585
  8,089
Tax expense, $m
  25
  39
  57
  78
  103
  132
  166
  205
  248
  296
  360
  418
  480
  547
  618
  693
  772
  856
  943
  1,035
  1,131
  1,230
  1,334
  1,442
  1,554
  1,670
  1,791
  1,917
  2,048
  2,184
Net income, $m
  69
  106
  153
  210
  277
  357
  449
  554
  671
  802
  974
  1,130
  1,298
  1,478
  1,670
  1,873
  2,088
  2,314
  2,551
  2,798
  3,057
  3,326
  3,606
  3,898
  4,201
  4,516
  4,843
  5,184
  5,537
  5,905

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $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
Total assets, $m
  1,069
  1,464
  1,958
  2,563
  3,287
  4,141
  5,129
  6,257
  7,526
  8,937
  10,490
  12,183
  14,014
  15,979
  18,076
  20,301
  22,651
  25,125
  27,720
  30,435
  33,270
  36,226
  39,304
  42,506
  45,835
  49,295
  52,890
  56,626
  60,510
  64,547
Adjusted assets (=assets-cash), $m
  1,069
  1,464
  1,958
  2,563
  3,287
  4,141
  5,129
  6,257
  7,526
  8,937
  10,490
  12,183
  14,014
  15,979
  18,076
  20,301
  22,651
  25,125
  27,720
  30,435
  33,270
  36,226
  39,304
  42,506
  45,835
  49,295
  52,890
  56,626
  60,510
  64,547
Revenue / Adjusted assets
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
  0.677
Average production assets, $m
  302
  414
  554
  725
  930
  1,172
  1,452
  1,771
  2,130
  2,529
  2,969
  3,448
  3,966
  4,522
  5,115
  5,745
  6,410
  7,110
  7,844
  8,613
  9,415
  10,252
  11,122
  12,029
  12,971
  13,950
  14,967
  16,024
  17,123
  18,266
Working capital, $m
  81
  111
  148
  194
  249
  314
  389
  474
  571
  678
  795
  924
  1,063
  1,212
  1,371
  1,539
  1,718
  1,905
  2,102
  2,308
  2,523
  2,747
  2,980
  3,223
  3,475
  3,738
  4,010
  4,294
  4,588
  4,894
Total debt, $m
  416
  639
  918
  1,260
  1,669
  2,152
  2,710
  3,347
  4,064
  4,861
  5,739
  6,695
  7,730
  8,840
  10,025
  11,282
  12,610
  14,007
  15,474
  17,008
  18,610
  20,280
  22,019
  23,828
  25,709
  27,663
  29,695
  31,806
  34,000
  36,281
Total liabilities, $m
  604
  827
  1,106
  1,448
  1,857
  2,340
  2,898
  3,535
  4,252
  5,049
  5,927
  6,883
  7,918
  9,028
  10,213
  11,470
  12,798
  14,195
  15,662
  17,196
  18,798
  20,468
  22,207
  24,016
  25,897
  27,851
  29,883
  31,994
  34,188
  36,469
Total equity, $m
  465
  637
  852
  1,115
  1,430
  1,801
  2,231
  2,722
  3,274
  3,888
  4,563
  5,300
  6,096
  6,951
  7,863
  8,831
  9,853
  10,929
  12,058
  13,239
  14,473
  15,758
  17,097
  18,490
  19,938
  21,443
  23,007
  24,632
  26,322
  28,078
Total liabilities and equity, $m
  1,069
  1,464
  1,958
  2,563
  3,287
  4,141
  5,129
  6,257
  7,526
  8,937
  10,490
  12,183
  14,014
  15,979
  18,076
  20,301
  22,651
  25,124
  27,720
  30,435
  33,271
  36,226
  39,304
  42,506
  45,835
  49,294
  52,890
  56,626
  60,510
  64,547
Debt-to-equity ratio
  0.890
  1.000
  1.080
  1.130
  1.170
  1.190
  1.210
  1.230
  1.240
  1.250
  1.260
  1.260
  1.270
  1.270
  1.270
  1.280
  1.280
  1.280
  1.280
  1.280
  1.290
  1.290
  1.290
  1.290
  1.290
  1.290
  1.290
  1.290
  1.290
  1.290
Adjusted equity ratio
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435
  0.435

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  69
  106
  153
  210
  277
  357
  449
  554
  671
  802
  974
  1,130
  1,298
  1,478
  1,670
  1,873
  2,088
  2,314
  2,551
  2,798
  3,057
  3,326
  3,606
  3,898
  4,201
  4,516
  4,843
  5,184
  5,537
  5,905
Depreciation, amort., depletion, $m
  56
  62
  69
  78
  89
  102
  117
  134
  153
  174
  157
  182
  210
  239
  271
  304
  339
  376
  415
  456
  498
  542
  588
  636
  686
  738
  792
  848
  906
  966
Funds from operations, $m
  125
  168
  222
  288
  367
  459
  566
  687
  824
  975
  1,131
  1,312
  1,508
  1,717
  1,941
  2,177
  2,427
  2,690
  2,966
  3,254
  3,555
  3,868
  4,195
  4,534
  4,887
  5,254
  5,635
  6,031
  6,443
  6,871
Change in working capital, $m
  23
  30
  37
  46
  55
  65
  75
  85
  96
  107
  118
  128
  139
  149
  159
  169
  178
  188
  197
  206
  215
  224
  233
  243
  252
  262
  273
  283
  294
  306
Cash from operations, $m
  102
  138
  185
  242
  312
  394
  491
  602
  728
  868
  1,013
  1,184
  1,369
  1,568
  1,782
  2,009
  2,249
  2,503
  2,769
  3,048
  3,340
  3,644
  3,961
  4,291
  4,635
  4,992
  5,363
  5,748
  6,149
  6,565
Maintenance CAPEX, $m
  -11
  -16
  -22
  -29
  -38
  -49
  -62
  -77
  -94
  -113
  -134
  -157
  -182
  -210
  -239
  -271
  -304
  -339
  -376
  -415
  -456
  -498
  -542
  -588
  -636
  -686
  -738
  -792
  -848
  -906
New CAPEX, $m
  -87
  -112
  -140
  -171
  -205
  -242
  -280
  -319
  -359
  -399
  -439
  -479
  -518
  -556
  -593
  -630
  -665
  -700
  -734
  -768
  -802
  -836
  -871
  -906
  -942
  -979
  -1,017
  -1,057
  -1,099
  -1,142
Cash from investing activities, $m
  -98
  -128
  -162
  -200
  -243
  -291
  -342
  -396
  -453
  -512
  -573
  -636
  -700
  -766
  -832
  -901
  -969
  -1,039
  -1,110
  -1,183
  -1,258
  -1,334
  -1,413
  -1,494
  -1,578
  -1,665
  -1,755
  -1,849
  -1,947
  -2,048
Free cash flow, $m
  3
  11
  23
  42
  68
  104
  149
  206
  275
  356
  440
  547
  668
  802
  949
  1,108
  1,280
  1,463
  1,658
  1,865
  2,082
  2,310
  2,548
  2,797
  3,056
  3,326
  3,607
  3,899
  4,202
  4,517
Issuance/(repayment) of debt, $m
  174
  223
  279
  342
  410
  482
  558
  637
  717
  797
  877
  957
  1,034
  1,110
  1,185
  1,257
  1,328
  1,398
  1,466
  1,534
  1,602
  1,670
  1,739
  1,809
  1,881
  1,955
  2,031
  2,111
  2,194
  2,281
Issuance/(repurchase) of shares, $m
  65
  66
  62
  53
  38
  14
  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  
  239
  289
  341
  395
  448
  496
  558
  637
  717
  797
  877
  957
  1,034
  1,110
  1,185
  1,257
  1,328
  1,398
  1,466
  1,534
  1,602
  1,670
  1,739
  1,809
  1,881
  1,955
  2,031
  2,111
  2,194
  2,281
Total cash flow (excl. dividends), $m
  242
  299
  364
  437
  516
  600
  708
  843
  992
  1,154
  1,317
  1,504
  1,703
  1,913
  2,134
  2,365
  2,608
  2,861
  3,125
  3,399
  3,684
  3,980
  4,287
  4,606
  4,937
  5,281
  5,638
  6,010
  6,396
  6,798
Retained Cash Flow (-), $m
  -134
  -172
  -215
  -263
  -315
  -371
  -430
  -490
  -552
  -614
  -676
  -737
  -796
  -855
  -912
  -968
  -1,022
  -1,076
  -1,129
  -1,181
  -1,233
  -1,286
  -1,339
  -1,393
  -1,448
  -1,505
  -1,564
  -1,625
  -1,689
  -1,756
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
  108
  127
  149
  174
  200
  229
  278
  353
  440
  540
  642
  768
  906
  1,058
  1,222
  1,398
  1,586
  1,785
  1,996
  2,218
  2,450
  2,694
  2,948
  3,213
  3,489
  3,776
  4,074
  4,385
  4,707
  5,041
Discount rate, %
  5.00
  5.25
  5.51
  5.79
  6.08
  6.38
  6.70
  7.04
  7.39
  7.76
  8.14
  8.55
  8.98
  9.43
  9.90
  10.39
  10.91
  11.46
  12.03
  12.63
  13.27
  13.93
  14.63
  15.36
  16.13
  16.93
  17.78
  18.67
  19.60
  20.58
PV of cash for distribution, $m
  103
  115
  127
  139
  149
  158
  176
  205
  232
  256
  271
  287
  296
  300
  296
  287
  273
  253
  230
  205
  179
  153
  128
  104
  83
  65
  49
  36
  26
  18
Current shareholders' claim on cash, %
  94.5
  90.7
  88.1
  86.5
  85.6
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4
  85.4

Kadant Inc. is a supplier of equipment and components used in process industries. In addition, the Company manufactures granules made from papermaking by-products. Its segments include Papermaking Systems and Wood Processing Systems. The Company has a customer base, which includes paper and oriented strand board (OSB) manufacturers. Papermaking Systems segment is engaged in developing, manufacturing, and marketing equipment for the global papermaking and paper recycling industries. Its Papermaking Systems segment consists of product lines, including Stock-Preparation; Doctoring, Cleaning, & Filtration, and Fluid-Handling. The Company develops, manufactures and markets stranders and related equipment used in the production of OSB.

FINANCIAL RATIOS  of  Kadant (KAI)

Valuation Ratios
P/E Ratio 34.3
Price to Sales 2.6
Price to Book 3.9
Price to Tangible Book
Price to Cash Flow 21.5
Price to Free Cash Flow 24.4
Growth Rates
Sales Growth Rate 6.2%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 20%
Cap. Spend. - 3 Yr. Gr. Rate 0%
Financial Strength
Quick Ratio 71
Current Ratio 0.1
LT Debt to Equity 23%
Total Debt to Equity 23.3%
Interest Coverage 46
Management Effectiveness
Return On Assets 7.4%
Ret/ On Assets - 3 Yr. Avg. 7.6%
Return On Total Capital 9.9%
Ret/ On T. Cap. - 3 Yr. Avg. 10.4%
Return On Equity 11.6%
Return On Equity - 3 Yr. Avg. 11.8%
Asset Turnover 0.9
Profitability Ratios
Gross Margin 45.4%
Gross Margin - 3 Yr. Avg. 45.3%
EBITDA Margin 14.5%
EBITDA Margin - 3 Yr. Avg. 14.5%
Operating Margin 10.9%
Oper. Margin - 3 Yr. Avg. 11.4%
Pre-Tax Margin 10.9%
Pre-Tax Margin - 3 Yr. Avg. 11.3%
Net Profit Margin 7.7%
Net Profit Margin - 3 Yr. Avg. 7.9%
Effective Tax Rate 28.9%
Eff/ Tax Rate - 3 Yr. Avg. 29.5%
Payout Ratio 25%

KAI stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the KAI stock intrinsic value calculation we used $515.033 million for the last fiscal year's total revenue generated by Kadant. The default revenue input number comes from 0001 income statement of Kadant. 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 KAI stock valuation model: a) initial revenue growth rate of 40.5% 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 5%, whose default value for KAI is calculated based on our internal credit rating of Kadant, 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 Kadant.
    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 KAI stock the variable cost ratio is equal to 85%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $17 million in the base year in the intrinsic value calculation for KAI 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 5.4% for Kadant.

Corporate tax rate of 27% is the nominal tax rate for Kadant. 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 KAI 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 KAI are equal to 41.8%.

Life of production assets of 18.9 years is the average useful life of capital assets used in Kadant 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 KAI is equal to 11.2%. 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 - $330.991 million for Kadant - 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 11.098 million for Kadant 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 Kadant at the current share price and the inputted number of shares is $1.1 billion.

RELATED COMPANIES Price Int.Val. Rating
XRM Xerium Technol 13.49 6.38  str.sell
AIN Albany Interna 73.04 26.06  str.sell
KRNT Kornit Digital 22.40 1.05  str.sell
MCRN Milacron Holdi 14.44 20.46  hold

COMPANY NEWS

▶ What Is Kadant Incs (NYSE:KAI) Share Price Doing?   [Oct-31-18 03:14PM  Simply Wall St.]
▶ Kadant: 3Q Earnings Snapshot   [05:59PM  Associated Press]
▶ Kadant Reports 2018 Third Quarter Results   [04:25PM  GlobeNewswire]
▶ Kadant Declares Cash Dividend   [Sep-12-18 04:14PM  GlobeNewswire]
▶ Is Kadant Incs (NYSE:KAI) CEO Being Overpaid?   [Aug-16-18 02:47PM  Simply Wall St.]
▶ Kadant Inc. to Host Earnings Call   [09:00AM  ACCESSWIRE]
▶ Kadant Reports 2018 Second Quarter Results   [Jul-30-18 04:50PM  GlobeNewswire]
▶ Kadant Sees Hammer Chart Pattern: Time to Buy?   [Jul-11-18 05:36AM  Zacks]
▶ Kadant Declares Cash Dividend   [May-16-18 05:00PM  GlobeNewswire]
▶ Kadant Authorizes Share Repurchase   [04:57PM  GlobeNewswire]
▶ Kadant: 1Q Earnings Snapshot   [Apr-30-18 06:02PM  Associated Press]
▶ Kadant Reports 2018 First Quarter Results   [04:34PM  GlobeNewswire]
▶ Kadant Declares Cash Dividend   [Mar-08-18 01:11PM  GlobeNewswire]
▶ Kadant posts 4Q profit   [Feb-15-18 06:39PM  Associated Press]
▶ Kadant, Inc. Value Analysis (NYSE:KAI) : December 6, 2017   [Dec-06-17 12:14PM  Capital Cube]
▶ Kadant Declares Cash Dividend   [Nov-15-17 04:10PM  GlobeNewswire]
▶ Kadant, Inc to Host Earnings Call   [Oct-31-17 09:00AM  ACCESSWIRE]
▶ Kadant posts 3Q profit   [Oct-30-17 05:41PM  Associated Press]
▶ Kadant Reports 2017 Third Quarter Results   [04:23PM  Business Wire]
▶ ETFs with exposure to Kadant, Inc. : October 27, 2017   [Oct-27-17 11:01AM  Capital Cube]
▶ ETFs with exposure to Kadant, Inc. : October 16, 2017   [Oct-16-17 09:55AM  Capital Cube]
▶ ETFs with exposure to Kadant, Inc. : October 3, 2017   [Oct-03-17 11:21AM  Capital Cube]
▶ Kadant Declares Cash Dividend   [Sep-20-17 04:50PM  Business Wire]
▶ Kadant Acquires a Leading Expansion Joint Manufacturer   [Aug-14-17 04:46PM  Business Wire]

CONTACT US       ASSET ALLOCATION

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

Copyright © X-FIN.com 2005-2018. All rigths reserved.