(KRNT) Kornit Digital - NASDAQ
Sector: Industrials | Industry: Specialty Industrial Machinery | Exchange: NASDAQ (USA) | Market Cap: 777m USD | Total Return: -10.9% in 12m
Avg Turnover: 3.19M
Qual. Beats: 0
Rev. Trend: -67.9%
Qual. Beats: 1
Warnings
Choppy
Tailwinds
No distinct edge detected
Kornit Digital Ltd. (NASDAQ: KRNT) is an Israeli-headquartered industrial technology company that develops digital printing solutions for the fashion, apparel, and home decor textile industries. Its offerings span digital printing systems, proprietary inks and consumables, production software, and support services, covering direct-to-garment and direct-to-fabric printing applications. Key products include the Apollo mass production platform, the K-RIP raster image processor, the RSS adjustable pallet, and the Atlas MAX Plus system, which the company reports can print up to 150 garments per hour. Kornit serves a diverse customer base including decorators, brand owners, online businesses, and contract printers across the Americas, Europe, the Middle East, Africa, and Asia Pacific. The company was founded in 2002 and is listed on NASDAQ as a small-cap stock within the Industrial Machinery & Components sub-industry.
Kornit operates in the digital textile printing segment, which has gained traction as a more flexible and lower-waste alternative to traditional analog screen printing, particularly supporting on-demand production and mass customization trends in e-commerce and fast fashion. The companys proprietary NeoPigment water-based ink technology is a core differentiator, positioned as an environmentally friendlier solution that eliminates the need for pre-treatment processes common in conventional textile printing.
- Consumables revenue growth drives margin expansion as installed base scales
- Apparel industry weakness pressures digital printing system orders
- Competition from HP and Durst pressures pricing in DTG market
| Net Income: -16.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -3.70 > 1.0 |
| NWC/Revenue: 250.0% < 20% (prev 265.4%; Δ -15.43% < -1%) |
| CFO/TA 0.03 > 3% & CFO 25.6m > Net Income -16.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 12.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (44.2m) vs 12m ago -3.42% < -2% |
| Gross Margin: 43.18% > 18% (prev 47.18%; Δ -3.99% > 0.5%) |
| Asset Turnover: 27.53% > 50% (prev 26.25%; Δ 1.28% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.71 (Total Current Assets 573.3m - Total Current Liabilities 47.6m) / Total Assets 741.2m |
| B: -0.18 (Retained Earnings -130.3m / Total Assets 741.2m) |
| C: -0.03 (EBIT TTM -20.8m / Avg Total Assets 764.0m) |
| D: 10.46 (Book Value of Equity 676.5m / Total Liabilities 64.7m) |
| Altman-Z'' = 14.87 = AAA |
| DSRI: 0.78 (Receivables 48.9m/61.4m, Revenue 210.3m/206.5m) |
| GMI: 1.09 (GM 47.18% / 43.18%) |
| AQI: 0.82 (AQ_t 0.11 / AQ_t-1 0.14) |
| SGI: 1.02 (Revenue 210.3m / 206.5m) |
| TATA: -0.06 (NI -16.7m - CFO 25.6m) / TA 741.2m) |
| Beneish M = -3.22 (Cap -4..+1) = AA |
As of June 23, 2026, the stock is trading at USD 16.91 with a total of 242,606 shares traded. Over the past week, the price has changed by +7.23%, over one month by +15.90%, over three months by +14.96% and over the past year by -10.86%.
Current recommended Stop Loss: 15.70 (which is 7.2% or 1.6 ATR below the current price).
Kornit Digital has received a consensus analysts rating of 4.29. Therefore, it is recommended to buy KRNT.
- StrongBuy: 3
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 23.1 | 36.8% |
P/E Forward = 24.9377
P/S = 3.6934
P/B = 1.1474
P/EG = 0.89
Revenue TTM = 210.3m USD
EBIT TTM = -20.8m USD
EBITDA TTM = -8.59m USD
Long Term Debt = 14.2m USD (estimated: total debt 18.2m - short term 4.00m)
Short Term Debt = 4.00m USD (from shortTermDebt, last quarter)
Debt = 18.2m USD (from shortLongTermDebtTotal, last quarter) (leases 18.2m already included)
Net Debt = -420.3m USD (calculated: Debt 18.2m - CCE 438.5m)
Enterprise Value = 356.3m USD (776.7m + Debt 18.2m - CCE 438.5m)
Interest Coverage Ratio = unknown (Ebit TTM -20.8m / Interest Expense TTM 0.0)
EV/FCF = 102.5x (Enterprise Value 356.3m / FCF TTM 3.48m)
FCF Yield = 0.98% (FCF TTM 3.48m / Enterprise Value 356.3m)
FCF Margin = 1.65% (FCF TTM 3.48m / Revenue TTM 210.3m)
Net Margin = -7.93% (Net Income TTM -16.7m / Revenue TTM 210.3m)
Gross Margin = 43.18% ((Revenue TTM 210.3m - Cost of Revenue TTM 119.5m) / Revenue TTM)
Gross Margin QoQ = 37.88% (prev 48.65%)
Tobins Q-Ratio = 0.48 (Enterprise Value 356.3m / Total Assets 741.2m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 18.2m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -16.4m (EBIT -20.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 12.03 (Total Current Assets 573.3m / Total Current Liabilities 47.6m)
Debt / Equity = 0.03 (Debt 18.2m / totalStockholderEquity, last quarter 676.5m)
Debt / EBITDA = 48.95 (negative EBITDA) (Net Debt -420.3m / EBITDA -8.59m)
Debt / FCF = -120.9 (out of range, set to none) (Net Debt -420.3m / FCF TTM 3.48m)
Total Stockholder Equity = 700.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.18% (Net Income -16.7m / Total Assets 741.2m)
RoE = -2.38% (Net Income TTM -16.7m / Total Stockholder Equity 700.4m)
RoCE = -2.91% (EBIT -20.8m / Capital Employed (Equity 700.4m + L.T.Debt 14.2m))
RoIC = -2.39% (negative operating profit) (NOPAT -16.4m / Invested Capital 687.0m)
WACC = 10.51% (E(776.7m)/V(794.9m) * Re(10.76%) + D(18.2m)/V(794.9m) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 10.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -68.89 | Cagr: -3.77%
[DCF] Terminal Value 65.47% ; FCFF base≈15.2m ; Y1≈13.3m ; Y5≈10.8m
[DCF] Fair Price = 11.82 (EV 127.7m - Net Debt -420.3m = Equity 548.0m / Shares 46.3m; r=10.51% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.40 | # QB: 0
Revenue Correlation: -67.86 | Revenue CAGR: -3.37% | SUE: 1.61 | # QB: 1
EPS current Quarter (2026-06-30): EPS=-0.01 | Chg30d=-112.50% | Revisions=N/A | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.07 | Chg30d=-19.44% | Revisions=-43% | Analysts=4
EPS current Year (2026-12-31): EPS=0.22 | Chg30d=-25.21% | Revisions=-43% | GrowthEPS=-28.2% | GrowthRev=+4.2%
EPS next Year (2027-12-31): EPS=0.30 | Chg30d=-17.13% | Revisions=-43% | GrowthEPS=+34.8% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: -43%