Kadant Inc (KAI)

Special Industry Machinery (No Metalworking Machinery)

Latest Price

$261.52

TTM P/E

Normalized P/E

27.85

Div Yield

0.41%

Book Value

86.62

P/B Ratio

3.02

Valuation metrics

EPS: $8.65

Book value / share: $83.08

Formula: √(22.5 × EPS × BVPS)

Graham Number

$127.16

51% downside

Norm. op. income: $162M (median of 6yr)

Tax rate: 26%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$78.95

70% downside

Base FCF: $134M (median of recent 5yr)

Growth: 0%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$116.41

55% downside

EPS: $8.65

Target P/E: 28×

Formula: EPS × P/E

P/E Fair Value

$242.20

7% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	1.80M	$565.0M	15.24%	+62.1K	2026-06-30
Kayne Anderson Rudnick Investment Management LLC	1.08M	$337.0M	9.11%	-86.4K	2026-06-30
Wasatch Advisors LP	868.7K	$272.0M	7.36%	-169.9K	2026-06-30
Vanguard Portfolio Management LLC	710.9K	$223.0M	6.02%	+8.9K	2026-06-30
Vanguard Capital Management LLC	532.3K	$167.0M	4.51%	+3.3K	2026-06-30
State Street Corp	482.9K	$151.0M	4.09%	+22.4K	2026-06-30
Capital International Investors	454.6K	$142.0M	3.85%	+6.7K	2026-06-30
Morgan Stanley	348.8K	$109.0M	2.96%	+185.6K	2026-06-30
Geode Capital Management, LLC	343.9K	$108.0M	2.91%	+24.3K	2026-06-30
Goldman Sachs Group Inc	317.6K	$99.0M	2.69%	+213.2K	2026-06-30