Overview Dividends

(KTOS) Kratos Defense & Security - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US50077B2079

Drones, Propulsion, Satcom, Hypersonics, C5ISR

KTOS EPS (Earnings per Share)

EPS Growth (3Y CAGR): -53.62%
EPS Trend (3Y Correlation): -5.7%

KTOS Revenue

Revenue Growth (3Y CAGR): 16.94%
Revenue Trend (3Y Correlation): 90.3%

Description: KTOS Kratos Defense & Security November 03, 2025

Kratos Defense & Security Solutions (NASDAQ: KTOS) is a U.S.-based technology firm that designs, builds, and services hardware and software for defense, national-security, and commercial markets worldwide. It operates two segments-Kratos Government Solutions and Unmanned Systems-covering satellite ground stations, jet-powered drones, hypersonic and rocket platforms, propulsion for missiles and spacecraft, C4ISR suites, microwave electronics, counter-UAS, directed-energy, and warfighter training via VR/AR.

Key recent metrics show FY 2024 revenue of $1.04 billion, up 12% YoY, driven largely by a 38% increase in unmanned-systems backlog and a 22% rise in government contracts tied to U.S. defense-budget allocations for hypersonic and autonomous platforms. The company’s R&D spend now represents ~13% of revenue, reflecting the sector-wide push toward high-speed, low-observable technologies, while overall U.S. defense spending is projected to grow ~3% annually through 2028, supporting long-term demand for Kratos’ product suite.

For a deeper, data-rich evaluation of Kratos’ valuation dynamics, you may find ValueRay’s analyst toolkit useful for extending this initial overview.

KTOS Stock Overview

Market Cap in USD	15,293m
Sub-Industry	Aerospace & Defense
IPO / Inception	1999-11-05

KTOS Stock Ratings

Growth Rating	84.0%
Fundamental	45.1%
Dividend Rating	-
Return 12m vs S&P 500	181%
Analyst Rating	4.17 of 5

KTOS Dividends

Currently no dividends paid

KTOS Growth Ratios

Growth Correlation 3m	78%
Growth Correlation 12m	94.5%
Growth Correlation 5y	28.1%
CAGR 5y	98.09%
CAGR/Max DD 3y (Calmar Ratio)	3.19
CAGR/Mean DD 3y (Pain Ratio)	14.39
Sharpe Ratio 12m	2.02
Alpha	216.45
Beta	1.121
Volatility	46.62%
Current Volume	9160.2k
Average Volume 20d	3716.2k
Stop Loss	71.9 (-7.1%)
Signal	0.24

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income (14.5m TTM) > 0 and > 6% of Revenue (6% = 72.8m TTM)

FCFTA -0.02 (>2.0%) and ΔFCFTA -2.50pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 91.21% (prev 51.43%; Δ 39.79pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.00 (>3.0%) and CFO 10.8m <= Net Income 14.5m (YES >=105%, WARN >=100%)

Net Debt (-504.3m) to EBITDA (78.5m) ratio: -6.42 <= 3.0 (WARN <= 3.5)

Current Ratio 4.43 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (157.4m) change vs 12m ago 2.54% (target <= -2.0% for YES)

Gross Margin 23.61% (prev 25.10%; Δ -1.49pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 53.92% (prev 58.81%; Δ -4.89pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 5.60 (EBITDA TTM 78.5m / Interest Expense TTM 4.30m) >= 6 (WARN >= 3)

Altman Z'' 0.95

(A) 0.43 = (Total Current Assets 1.43b - Total Current Liabilities 322.4m) / Total Assets 2.59b

(B) -0.25 = Retained Earnings (Balance) -656.5m / Total Assets 2.59b

(D) -1.04 = Book Value of Equity -653.5m / Total Liabilities 625.7m

Total Rating: 0.95 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 45.12

1. Piotroski 2.0pt = -3.0

2. FCF Yield -0.41% = -0.21

3. FCF Margin -5.04% = -1.89

4. Debt/Equity 0.14 = 2.49

5. Debt/Ebitda -6.42 = 2.50

6. ROIC - WACC (= -9.07)% = -11.34

7. RoE 0.96% = 0.08

8. Rev. Trend 90.31% = 6.77

9. EPS Trend -5.70% = -0.28

What is the price of KTOS shares?

As of November 06, 2025, the stock is trading at USD 77.41 with a total of 9,160,154 shares traded.
Over the past week, the price has changed by -15.13%, over one month by -22.78%, over three months by +30.32% and over the past year by +233.81%.

Is Kratos Defense & Security a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Kratos Defense & Security (NASDAQ:KTOS) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 45.12 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of KTOS is around 90.04 USD . This means that KTOS is currently undervalued and has a potential upside of +16.32% (Margin of Safety).

Is KTOS a buy, sell or hold?

Kratos Defense & Security has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy KTOS.

Strong Buy: 6
Buy: 2
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the KTOS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	93.1	20.2%
Analysts Target Price	93.1	20.2%
ValueRay Target Price	101.7	31.4%

KTOS Fundamental Data Overview November 02, 2025

Market Cap USD = 15.29b (15.29b USD * 1.0 USD.USD)
P/E Trailing = 906.0
P/E Forward = 188.6792
P/S = 12.6064
P/B = 8.184
P/EG = 34.1186
Beta = 1.121
Revenue TTM = 1.21b USD
EBIT TTM = 24.1m USD
EBITDA TTM = 78.5m USD
Long Term Debt = 169.8m USD (from longTermDebt, last quarter)
Short Term Debt = 14.0m USD (from shortTermDebt, last quarter)
Debt = 279.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -504.3m USD (from netDebt column, last quarter)
Enterprise Value = 14.79b USD (15.29b + Debt 279.3m - CCE 783.6m)
Interest Coverage Ratio = 5.60 (Ebit TTM 24.1m / Interest Expense TTM 4.30m)
FCF Yield = -0.41% (FCF TTM -61.2m / Enterprise Value 14.79b)
FCF Margin = -5.04% (FCF TTM -61.2m / Revenue TTM 1.21b)
Net Margin = 1.20% (Net Income TTM 14.5m / Revenue TTM 1.21b)
Gross Margin = 23.61% ((Revenue TTM 1.21b - Cost of Revenue TTM 926.7m) / Revenue TTM)
Gross Margin QoQ = 21.00% (prev 24.32%)
Tobins Q-Ratio = 5.72 (Enterprise Value 14.79b / Total Assets 2.59b)
Interest Expense / Debt = 0.54% (Interest Expense 1.50m / Debt 279.3m)
Taxrate = 36.96% (1.70m / 4.60m)
NOPAT = 15.2m (EBIT 24.1m * (1 - 36.96%))
Current Ratio = 4.43 (Total Current Assets 1.43b / Total Current Liabilities 322.4m)
Debt / Equity = 0.14 (Debt 279.3m / totalStockholderEquity, last quarter 1.96b)
Debt / EBITDA = -6.42 (Net Debt -504.3m / EBITDA 78.5m)
Debt / FCF = 8.24 (negative FCF - burning cash) (Net Debt -504.3m / FCF TTM -61.2m)
Total Stockholder Equity = 1.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.56% (Net Income 14.5m / Total Assets 2.59b)
RoE = 0.96% (Net Income TTM 14.5m / Total Stockholder Equity 1.51b)
RoCE = 1.43% (EBIT 24.1m / Capital Employed (Equity 1.51b + L.T.Debt 169.8m))
RoIC = 0.90% (NOPAT 15.2m / Invested Capital 1.68b)
WACC = 9.97% (E(15.29b)/V(15.57b) * Re(10.15%) + D(279.3m)/V(15.57b) * Rd(0.54%) * (1-Tc(0.37)))
Discount Rate = 10.15% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 8.22%
Fair Price DCF = unknown (Cash Flow -61.2m)
EPS Correlation: -5.70 | EPS CAGR: -53.62% | SUE: -4.0 | # QB: 0
Revenue Correlation: 90.31 | Revenue CAGR: 16.94% | SUE: 3.76 | # QB: 2

Additional Sources for KTOS Stock

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Fund Manager Positions: Dataroma | Stockcircle