Kennametal Inc. (KMT) Valuation — DCF, Graham & Comparables

Kennametal Inc. (KMT) — Price $30.72 (closing price, November 2, 2026) — Industrials — Manufacturing - Tools & Accessories — NYSE

Latest reported results:

Valuation dashboard for Kennametal Inc. (KMT) with P/E 6.98, P/B 1.49, EV/EBITDA 4.9 and dividend yield 2.60%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Industrials companies.

Kennametal Inc. is a global leader in developing and applying cutting-edge materials, including tungsten carbides, ceramics, and super-hard compounds. Their core mission is to provide robust solutions for demanding industrial applications, specifically in metal cutting and environments prone to extreme wear, high temperatures, and corrosion, serving clients worldwide. The company's operations are structured into two primary segments: Metal Cutting and Infrastructure.

What would it be worth at its usual multiples?

No valuation verdict: it lacks ten years of earnings to compare it with, and today's P/E (7.0) is so far from its sector's (25.9) that it gives no reliable reference price.

Analysis Summary

Kennametal Inc. reported revenue of $2.36B in the most recent fiscal year, growing at a 5-year CAGR of 5.1%. Net income reached $342.4M, with a 44.5% 5-year CAGR.

Trailing-twelve-month margins: gross margin 41.1%, operating margin 20.3%, net margin 14.5%.

At $30.72 (closing price, November 2, 2026), KMT trades at a P/E of 6.98 and an ROE of 24.79%. Market capitalisation stands at $2.3B.

Balance sheet quality for KMT: debt-to-equity ratio of 0.49, current ratio of 2.62 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio6.98
Price / Book1.49
EV / EBITDA4.9
Dividend Yield2.60%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
KMTKennametal Inc.$2.3B6.981.4924.8%
ARCBArcBest Corp$2.9B189.802.311.3%
CECOCECO Environmental Corp.$3.4B1.20-3.6%
HLIOHelios Technologies, Inc.$2.2B31.532.357.6%
PBIPitney Bowes Inc.$2.2B12.69-22.1%

Price

Price$30.72 (closing price, November 2, 2026)
Market Cap$2.3B
ExchangeNYSE
CountryUS

Profitability

Return on Equity24.79%
Return on Invested Capital14.33%
Return on Assets10.80%
Gross Margin41.06%
Operating Margin20.31%
Net Margin14.53%

Related companies: ARCB · CECO · HLIO · PBI

Explore sector: Industrials · Manufacturing - Tools & Accessories

More sections of KMT: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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