(KNF) Knife River - Ratings and Ratios
Aggregates, Asphalt, Ready-Mix Concrete, Paving, Construction Services
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 35.5% |
| Value at Risk 5%th | 58.2% |
| Relative Tail Risk | -0.27% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.64 |
| Alpha | -46.70 |
| CAGR/Max DD | 0.65 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.418 |
| Beta | 1.321 |
| Beta Downside | 0.903 |
| Drawdowns 3y | |
|---|---|
| Max DD | 44.15% |
| Mean DD | 10.29% |
| Median DD | 6.93% |
Description: KNF Knife River November 06, 2025
Knife River Corporation (NYSE: KNF) is a U.S.-based supplier of aggregates-led construction materials and contracting services, organized into Pacific, Northwest, Mountain, Central, and Energy Services segments. Its product suite includes crushed stone, sand, gravel, asphalt, ready-mix concrete, cement, and related building-material merchandise, while its contracting arm delivers heavy-civil construction, paving, site development, and grading for both public-sector infrastructure projects (highways, bridges, local roads) and private-sector developers.
According to the most recent 2023 Form 10-K, the company generated roughly $1.1 billion in revenue with an adjusted EBITDA margin near 10 %-a level that modestly trails the industry average of ~12 % but reflects the higher cost structure of its geographically dispersed operations. Two macro drivers dominate KNF’s outlook: (1) sustained U.S. federal and state infrastructure spending, which the American Society of Civil Engineers rates at a “C-” (indicating under-investment and upside potential for material suppliers) and (2) residential construction activity, which is highly sensitive to mortgage rates; the current 30-year fixed rate of ~6.5 % is a headwind that could dampen demand for sand and gravel in the short term. A third, more granular factor is the company’s strong presence in the Upper Midwest, where population growth and logistics hub expansion have historically delivered a 3-4 % annual increase in aggregate volumes.
For a deeper quantitative view of KNF’s valuation metrics, the ValueRay platform offers a concise dashboard worth checking out.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (148.3m TTM) > 0 and > 6% of Revenue (6% = 182.9m TTM) |
| FCFTA -0.02 (>2.0%) and ΔFCFTA -7.99pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 21.68% (prev 25.39%; Δ -3.71pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 255.0m > Net Income 148.3m (YES >=105%, WARN >=100%) |
| Net Debt (1.16b) to EBITDA (452.9m) ratio: 2.55 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.39 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (56.9m) change vs 12m ago -0.03% (target <= -2.0% for YES) |
| Gross Margin 17.97% (prev 19.67%; Δ -1.70pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 92.54% (prev 100.2%; Δ -7.61pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.72 (EBITDA TTM 452.9m / Interest Expense TTM 74.0m) >= 6 (WARN >= 3) |
Altman Z'' 3.10
| (A) 0.18 = (Total Current Assets 1.14b - Total Current Liabilities 474.4m) / Total Assets 3.70b |
| (B) 0.27 = Retained Earnings (Balance) 992.6m / Total Assets 3.70b |
| (C) 0.08 = EBIT TTM 275.1m / Avg Total Assets 3.29b |
| (D) 0.47 = Book Value of Equity 984.0m / Total Liabilities 2.10b |
| Total Rating: 3.10 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 51.77
| 1. Piotroski 4.50pt |
| 2. FCF Yield -1.51% |
| 3. FCF Margin -2.64% |
| 4. Debt/Equity 0.77 |
| 5. Debt/Ebitda 2.55 |
| 6. ROIC - WACC (= -0.83)% |
| 7. RoE 9.97% |
| 8. Rev. Trend 29.53% |
| 9. EPS Trend 17.11% |
What is the price of KNF shares?
Over the past week, the price has changed by -0.83%, over one month by +21.11%, over three months by -7.50% and over the past year by -27.71%.
Is KNF a buy, sell or hold?
- Strong Buy: 7
- Buy: 0
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the KNF price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 98.2 | 32.7% |
| Analysts Target Price | 98.2 | 32.7% |
| ValueRay Target Price | 71.6 | -3.2% |
KNF Fundamental Data Overview December 03, 2025
P/E Trailing = 28.2797
P/E Forward = 21.645
P/S = 1.3721
P/B = 2.6386
P/EG = 1.7304
Beta = 0.71
Revenue TTM = 3.05b USD
EBIT TTM = 275.1m USD
EBITDA TTM = 452.9m USD
Long Term Debt = 1.18b USD (from longTermDebt, last quarter)
Short Term Debt = 26.5m USD (from shortTermDebt, last quarter)
Debt = 1.24b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.16b USD (from netDebt column, last quarter)
Enterprise Value = 5.34b USD (4.18b + Debt 1.24b - CCE 81.1m)
Interest Coverage Ratio = 3.72 (Ebit TTM 275.1m / Interest Expense TTM 74.0m)
FCF Yield = -1.51% (FCF TTM -80.6m / Enterprise Value 5.34b)
FCF Margin = -2.64% (FCF TTM -80.6m / Revenue TTM 3.05b)
Net Margin = 4.87% (Net Income TTM 148.3m / Revenue TTM 3.05b)
Gross Margin = 17.97% ((Revenue TTM 3.05b - Cost of Revenue TTM 2.50b) / Revenue TTM)
Gross Margin QoQ = 23.77% (prev 18.86%)
Tobins Q-Ratio = 1.44 (Enterprise Value 5.34b / Total Assets 3.70b)
Interest Expense / Debt = 1.86% (Interest Expense 23.0m / Debt 1.24b)
Taxrate = 25.98% (50.2m / 193.4m)
NOPAT = 203.7m (EBIT 275.1m * (1 - 25.98%))
Current Ratio = 2.39 (Total Current Assets 1.14b / Total Current Liabilities 474.4m)
Debt / Equity = 0.77 (Debt 1.24b / totalStockholderEquity, last quarter 1.61b)
Debt / EBITDA = 2.55 (Net Debt 1.16b / EBITDA 452.9m)
Debt / FCF = -14.35 (negative FCF - burning cash) (Net Debt 1.16b / FCF TTM -80.6m)
Total Stockholder Equity = 1.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.00% (Net Income 148.3m / Total Assets 3.70b)
RoE = 9.97% (Net Income TTM 148.3m / Total Stockholder Equity 1.49b)
RoCE = 10.33% (EBIT 275.1m / Capital Employed (Equity 1.49b + L.T.Debt 1.18b))
RoIC = 7.88% (NOPAT 203.7m / Invested Capital 2.59b)
WACC = 8.71% (E(4.18b)/V(5.42b) * Re(10.88%) + D(1.24b)/V(5.42b) * Rd(1.86%) * (1-Tc(0.26)))
Discount Rate = 10.88% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.07%
Fair Price DCF = unknown (Cash Flow -80.6m)
EPS Correlation: 17.11 | EPS CAGR: 113.5% | SUE: -0.17 | # QB: 0
Revenue Correlation: 29.53 | Revenue CAGR: 47.35% | SUE: -0.23 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-1.39 | Chg30d=-0.032 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=3.41 | Chg30d=-0.452 | Revisions Net=-4 | Growth EPS=+23.6% | Growth Revenue=+6.0%
Additional Sources for KNF Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle