Kadant Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 77.63
Dividend & Yield1.04$ (0.48%)
Beta 1.22
Market capitalization 2.57B
Operating cash flow 102.62M
ESG Scores unknown

Company description

Kadant Inc. supplies technologies and engineered systems worldwide. It operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables, consisting of doctor systems and holders, doctor blades, shower and fabric-conditioning systems, formation systems, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, logging machinery, industrial automation and control systems, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and balers and related equipment; and manufactures and sells biodegradable absorbent granules for carriers in as carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. The company was formerly known as Thermo Fibertek Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio1.13
Working Capital0.52
Return On Equity0.15
Debt To Equity0.47
Fixed Asset Ratio0.22
Fixed Interest Cover25.94

Financial data

Financial Statements

Cashflow Statement 2019-12-28 2021-01-02 2022-01-01 2022-12-31
Change To Liabilities 1.67M -11.72M 54.04M 15.72M
Total Cashflows From Investing Activities -187.36M -14.54M -154.47M -29.52M
Net Borrowings 120.88M -73.55M 36.37M -63.45M
Total Cash From Financing Activities 112.45M -84.56M 22.81M -80.57M
Change To Operating Activities -13.22M -9.42M 4.42M -12.51M
Issuance Of Stock 5.18M 3.21M 1.89M 1.38M
Net Income 52.07M 55.2M 84.04M 120.93M
Change In Cash 22.16M -1.63M 27.52M -14.44M
Effect Of Exchange Rate -350k 4.58M -3.23M -6.97M
Total Cash From Operating Activities 97.41M 92.88M 162.42M 102.62M
Depreciation 32.39M 31.33M 34.3M 34.94M
Change To Account Receivables 9.11M 13.19M -17.96M -25.23M
Other Cashflows From Financing Activities -720k -714k -560k -1.88M
Change To Netincome 18.47M 14.39M 14.75M 4.9M
Capital Expenditures -9.96M -7.59M -12.77M -28.2M

Income Statement 2019-12-28 2021-01-02 2022-01-01 2022-12-31
Research Development 10.88M 11.3M 11.4M 12.72M
Income Before Tax 68.92M 73.69M 112.05M 165.64M
Net Income 52.07M 55.2M 84.04M 120.93M
Selling General Administrative 192.1M 181.54M 205.19M 223.78M
Gross Profit 293.76M 277.31M 341.65M 388.44M
Ebit 90.78M 84.47M 125.05M 151.93M
Operating Income 90.78M 84.47M 125.05M 151.93M
Interest Expense -12.76M -7.42M -4.82M -6.48M
Income Tax Expense 16.36M 17.95M 27.17M 43.91M
Total Revenue 704.64M 635.03M 786.58M 904.74M
Cost Of Revenue 410.88M 357.72M 444.93M 516.3M
Total Other Income ExpenseNet -21.86M -10.78M -13M 13.71M
Net Income From Continuing Ops 52.56M 55.74M 84.88M 121.73M
Net Income Applicable To Common Shares 52.07M 55.2M 84.04M 120.93M

Balance Sheet Statement 2019-12-28 2021-01-02 2022-01-01 2022-12-31
Total Liabilities 512.31M 430.67M 566.6M 494.31M
Total Stockholder Equity 425.69M 495.36M 563.94M 653.85M
Other Current Liabilities 61.31M 65.39M 115.09M 111.45M
Total Assets 939.39M 927.57M 1.13B 1.15B
Common Stock 146k 146k 146k 146k
Other Current Assets 19.16M 18.21M 32.51M 30.04M
Retained Earnings 435.25M 479.4M 551.85M 660.64M
Treasury Stock -116.4M -95.01M -103.95M -126.86M
Cash 66.79M 65.68M 91.19M 76.37M
Total Current Liabilities 146.17M 134.69M 221.5M 213.46M
Other Stockholder Equity -37.62M -19.49M -30.35M -54.58M
Property, Plant, and Equipment 113.17M 110.1M 132.99M 141.5M
Total Current Assets 297.58M 289.82M 383.88M 415.41M
Net Tangible Assets -84.23M -17.36M -32.29M 92.75M
Net Receivables 108.9M 99.12M 125.83M 145.19M
Accounts Payable 45.85M 32.26M 59.25M 58.06M


Insider Transactions

Here are the insider transactions of stock shares related to Kadant Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
ALBERTINE JOHN MD2022-12-30Director235
PAINTER JONATHAN WD2022-12-30Director235
LEONARD THOMAS C.D2022-12-30Director235
RUSSELL ERIN LD2022-12-30Director235
TULLY WILLIAM PD2022-12-30Director235
OMARA REBECCA MARTINEZD2022-12-30Director235
TULLY WILLIAM PSale at price 169.70 per share.D2022-10-03Director252
ALBERTINE JOHN MD2022-09-30Director235
PAINTER JONATHAN WD2022-09-30Director235
LEONARD THOMAS C.D2022-09-30Director235
RUSSELL ERIN LD2022-09-30Director235
TULLY WILLIAM PD2022-09-30Director235
OMARA REBECCA MARTINEZD2022-09-30Director235
ALBERTINE JOHN MSale at price 170.00 per share.D2022-09-19Director1.2k
TULLY WILLIAM PSale at price 171.36 per share.D2022-09-15Director505
ALBERTINE JOHN MD2022-06-01Director471
PAINTER JONATHAN WD2022-06-01Director471
LEONARD THOMAS C.D2022-06-01Director471
RUSSELL ERIN LD2022-06-01Director471
TULLY WILLIAM PD2022-06-01Director471
LANGEVIN ERIC TD2022-03-31Chief Operating Officer1.88k
KRAUSE STACY DSale at price 200.00 per share.D2022-03-18General Counsel1.42k
MITCHELL DARA FSale at price 200.00 per share.D2022-03-18Officer1.48k
POWELL JEFFREY LD2022-03-10Chief Executive Officer17.22k
MCKENNEY MICHAEL JD2022-03-10Chief Financial Officer5.3k
COLWELL MICHAEL CD2022-03-10Officer1.39k
LANGEVIN ERIC TD2022-03-10Chief Operating Officer5.41k
SELWOOD DEBORAH S.D2022-03-10Officer1.57k
KRAUSE STACY DD2022-03-10General Counsel3.11k
FLYNN PETER J.D2022-03-10Officer1.64k
MITCHELL DARA FD2022-03-10Officer2.1k
WESTERHOUT FREDRIK HAND2022-03-10Officer561
BLANCHARD THOMAS ANDREWD2022-03-10Officer553
LEONARD THOMAS C.Sale at price 223.90 - 227.39 per share.D2022-01-04Director252
ALBERTINE JOHN MD2021-12-31Director252
PAINTER JONATHAN WD2021-12-31Director252
LEONARD THOMAS C.D2021-12-31Director252
RUSSELL ERIN LD2021-12-31Director252
TULLY WILLIAM PD2021-12-31Director252
LEONARD THOMAS C.Sale at price 211.80 - 220.00 per share.D2021-12-20Director757
TULLY WILLIAM PSale at price 218.20 - 221.26 per share.D2021-12-15Director1.56k
MCKENNEY MICHAEL JSale at price 218.30 - 230.00 per share.D2021-11-15Chief Financial Officer4.73k
MCKENNEY MICHAEL JConversion of Exercise of derivative security at price 25.98 per share.D2021-11-15Chief Financial Officer4.73k
LANGEVIN ERIC TSale at price 218.21 - 228.71 per share.D2021-11-15Chief Operating Officer25k
POWELL JEFFREY LSale at price 200.17 - 206.22 per share.D2021-10-15Chief Executive Officer2.97k
POWELL JEFFREY LConversion of Exercise of derivative security at price 25.98 per share.D2021-10-15Chief Executive Officer2.97k
POWELL JEFFREY LSale at price 198.73 - 206.75 per share.D2021-10-13Chief Executive Officer4.8k
POWELL JEFFREY LConversion of Exercise of derivative security at price 25.98 per share.D2021-10-13Chief Executive Officer4.8k
POWELL JEFFREY LSale at price 203.03 - 208.51 per share.D2021-10-08Chief Executive Officer6.82k
POWELL JEFFREY LConversion of Exercise of derivative security at price 21.91 - 25.98 per share.D2021-10-08Chief Executive Officer6.82k
POWELL JEFFREY LSale at price 203.57 - 209.00 per share.D2021-10-05Chief Executive Officer7.92k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Kadant Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Kadant Inc

Here is the result of two systematic investment strategies applied to Kadant Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Kadant Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Kadant Inc:

Kadant Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 108.36% on the backtest period.

Performance at glance

Performance

108.36 %

Latent gain

2382.58 $

Invested capital

2198.78 $

Annualized return

26.17 %
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Momentum strategy results on Kadant Inc

This is the result of two momentum investment strategies applied to Kadant Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Kadant Inc

The following chart shows all the entries opened by the momentum investment system on Kadant Inc:

Kadant Inc momentum entries
  • The first momentum investment strategy would give 124.05% of return on Kadant Inc. That represents 6280.97$ of latent gain with 5063.35$ of employed capital.
  • The second momentum investment strategy would give 125.32% of return on Kadant Inc. That represents 5217.5$ of latent gain with 4163.38$ of employed capital.
Performance at glance (1Q Momentum)

Performance

124.05 %

Latent gain

6280.97 $

Invested capital

5063.35 $

Annualized return

74.55 %
Performance at glance (2Q Momentum)

Performance

125.32 %

Latent gain

5217.5 $

Invested capital

4163.38 $

Annualized return

34.24 %

Momentum equity curve on Kadant Inc

The following chart shows the equity curve of the two momentum strategies applied to Kadant Inc:

Kadant Inc momentum equity

Note: the dividends potentially given by Kadant Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Kadant Inc

The following chart shows the employed capital evolution of the two momentum strategies on Kadant Inc since the beginning:

Kadant Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Kadant Inc

Buy the dip entry openings on Kadant Inc

Kadant Inc

The performance achieved by the robo-advisor on Kadant Inc is 159.53%. That represents 402.3$ of latent gain with 252.18$ of employed capital. The following chart shows Kadant Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Kadant Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

159.53 %

Latent gain

402.3 $

Invested capital

252.18 $

Annualized return

74.55 %

Equity curve of the strategy applied to Kadant Inc

The following chart shows the result of the investment strategy applied to Kadant Inc:

Kadant Inc

Note: the dividends potentially given by Kadant Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Kadant Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Kadant Inc:

Kadant Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Kadant Inc

In this section, I will compare the three previous investment strategies applied to Kadant Inc.

Equity curve comparison on Kadant Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Kadant Inc investment strategy comparison

Employed capital comparison on Kadant Inc

Kadant Inc investment comparison

Performance comparison on Kadant Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 108.36% 2382.58$ 2198.78$ 26.17%
Momentum 1 quarter 124.05% 6280.97$ 5063.35$ 31.81%
Momentum 2 quarters 125.32% 5217.5$ 4163.38$ 34.24%
Non-directional 159.53% 402.3$ 252.18$ 74.55%
Annualized return comparison

Automatic investment

26.17 %

Momentum 1Q

34.24 %

Momentum 2Q

34.24 %

Non-directional

74.55 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Kadant Inc:

Note: The algorithm computes the probability of correlation between Kadant Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Kadant Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Kadant Inc
Country United States
City Westford
Address One Technology Park Drive
Phone 978 776 2000
Website www.kadant.com
FullTime employees 3100
Industry Specialty Industrial Machinery
Sector Industrials
Exchange XNYS
Ticker KAI
Market www.nyse.com

Kadant Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown