Overview Dividends

(K) Kellanova - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4878361082

Snacks, Crackers, Pastries, Cereals, Waffles

K EPS (Earnings per Share)

EPS Growth (3Y CAGR): -2.58%
EPS Trend (3Y Correlation): -41.2%

K Revenue

Revenue Growth (3Y CAGR): -7.31%
Revenue Trend (3Y Correlation): -63.3%

Description: K Kellanova October 14, 2025

Kellanova (NYSE:K), formerly Kellogg Company, is a worldwide producer and marketer of snacks and convenience foods, operating in North America, Europe, Latin America, the Asia-Pacific, the Middle East, Australia and Africa.

The portfolio spans crackers, savory snacks, toaster pastries, cereal and granola bars, as well as ready-to-eat cereals, frozen waffles, veggie foods and noodles. Flagship brands include Kellogg’s, Pringles, Cheez-It, RXBAR, Eggo, MorningStar Farms, Special K, Pop-Tarts and many regional names.

Products reach retailers through a combination of Kellanova’s direct sales force, third-party brokers and distributors, allowing the company to serve both large-format chains and smaller independent outlets.

The firm rebranded from Kellogg Company to Kellanova in October 2023; it was founded in 1906 and remains headquartered in Chicago, Illinois.

In FY 2023 Kellanova reported net sales of approximately $14.3 billion, with an adjusted operating margin of 12.5% and a 4.2% year-over-year increase in emerging-market revenue, driven largely by growth in Asia-Pacific snack categories.

Key sector dynamics include persistent inflationary pressure on grain and dairy inputs, a consumer shift toward “better-for-you” and plant-based snacking, and the ongoing consolidation of private-label competitors that compresses pricing power across the packaged-foods industry.

For a deeper, data-driven view of Kellanova’s valuation and risk profile, you may find ValueRay’s analytical dashboard a useful next step.

K Stock Overview

Market Cap in USD	28,867m
Sub-Industry	Packaged Foods & Meats
IPO / Inception	1984-12-17

K Stock Ratings

Growth Rating	49.1%
Fundamental	60.4%
Dividend Rating	51.3%
Return 12m vs S&P 500	-10.9%
Analyst Rating	3.0 of 5

K Dividends

Dividend Yield 12m	2.75%
Yield on Cost 5y	4.53%
Annual Growth 5y	1.36%
Payout Consistency	77.2%
Payout Ratio	62.4%

K Growth Ratios

Growth Correlation 3m	60.2%
Growth Correlation 12m	28.5%
Growth Correlation 5y	72.1%
CAGR 5y	12.24%
CAGR/Max DD 3y (Calmar Ratio)	0.44
CAGR/Mean DD 3y (Pain Ratio)	1.64
Sharpe Ratio 12m	-0.15
Alpha	-1.63
Beta	0.247
Volatility	3.88%
Current Volume	2375.3k
Average Volume 20d	2093.5k
Stop Loss	80.6 (-3%)
Signal	0.91

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (1.33b TTM) > 0 and > 6% of Revenue (6% = 758.6m TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA -3.13pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -13.53% (prev -10.17%; Δ -3.36pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.08 (>3.0%) and CFO 1.30b <= Net Income 1.33b (YES >=105%, WARN >=100%)

Net Debt (6.13b) to EBITDA (2.30b) ratio: 2.67 <= 3.0 (WARN <= 3.5)

Current Ratio 0.68 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (350.0m) change vs 12m ago 1.45% (target <= -2.0% for YES)

Gross Margin 35.70% (prev 34.90%; Δ 0.81pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 81.12% (prev 83.80%; Δ -2.68pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 6.30 (EBITDA TTM 2.30b / Interest Expense TTM 306.0m) >= 6 (WARN >= 3)

Altman Z'' 2.77

(A) -0.11 = (Total Current Assets 3.67b - Total Current Liabilities 5.38b) / Total Assets 15.87b

(B) 0.60 = Retained Earnings (Balance) 9.59b / Total Assets 15.87b

(D) 0.64 = Book Value of Equity 7.48b / Total Liabilities 11.66b

Total Rating: 2.77 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 60.36

1. Piotroski 5.0pt = 0.0

2. FCF Yield 1.86% = 0.93

3. FCF Margin 5.14% = 1.29

4. Debt/Equity 1.58 = 1.37

5. Debt/Ebitda 2.67 = -1.26

6. ROIC - WACC (= 9.87)% = 12.34

7. RoE 34.57% = 2.50

8. Rev. Trend -63.30% = -4.75

9. EPS Trend -41.24% = -2.06

What is the price of K shares?

As of October 31, 2025, the stock is trading at USD 83.13 with a total of 2,375,286 shares traded.
Over the past week, the price has changed by +0.12%, over one month by +1.43%, over three months by +4.94% and over the past year by +5.76%.

Is Kellanova a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Kellanova is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 60.36 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of K is around 84.14 USD . This means that K is currently overvalued and has a potential downside of 1.21%.

Is K a buy, sell or hold?

Kellanova has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold K.

Strong Buy: 0
Buy: 0
Hold: 16
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the K price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	83.4	0.3%
Analysts Target Price	83.4	0.3%
ValueRay Target Price	91.6	10.2%

K Fundamental Data Overview October 27, 2025

Market Cap USD = 28.87b (28.87b USD * 1.0 USD.USD)
P/E Trailing = 21.7356
P/E Forward = 21.1864
P/S = 2.2832
P/B = 6.9932
P/EG = 3.5919
Beta = 0.247
Revenue TTM = 12.64b USD
EBIT TTM = 1.93b USD
EBITDA TTM = 2.30b USD
Long Term Debt = 4.34b USD (from longTermDebt, last quarter)
Short Term Debt = 1.69b USD (from shortTermDebt, last quarter)
Debt = 6.48b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.13b USD (from netDebt column, last quarter)
Enterprise Value = 35.00b USD (28.87b + Debt 6.48b - CCE 354.0m)
Interest Coverage Ratio = 6.30 (Ebit TTM 1.93b / Interest Expense TTM 306.0m)
FCF Yield = 1.86% (FCF TTM 650.0m / Enterprise Value 35.00b)
FCF Margin = 5.14% (FCF TTM 650.0m / Revenue TTM 12.64b)
Net Margin = 10.56% (Net Income TTM 1.33b / Revenue TTM 12.64b)
Gross Margin = 35.70% ((Revenue TTM 12.64b - Cost of Revenue TTM 8.13b) / Revenue TTM)
Gross Margin QoQ = 34.69% (prev 34.48%)
Tobins Q-Ratio = 2.21 (Enterprise Value 35.00b / Total Assets 15.87b)
Interest Expense / Debt = 1.17% (Interest Expense 76.0m / Debt 6.48b)
Taxrate = 21.50% (83.0m / 386.0m)
NOPAT = 1.51b (EBIT 1.93b * (1 - 21.50%))
Current Ratio = 0.68 (Total Current Assets 3.67b / Total Current Liabilities 5.38b)
Debt / Equity = 1.58 (Debt 6.48b / totalStockholderEquity, last quarter 4.11b)
Debt / EBITDA = 2.67 (Net Debt 6.13b / EBITDA 2.30b)
Debt / FCF = 9.43 (Net Debt 6.13b / FCF TTM 650.0m)
Total Stockholder Equity = 3.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.41% (Net Income 1.33b / Total Assets 15.87b)
RoE = 34.57% (Net Income TTM 1.33b / Total Stockholder Equity 3.86b)
RoCE = 23.49% (EBIT 1.93b / Capital Employed (Equity 3.86b + L.T.Debt 4.34b))
RoIC = 15.70% (NOPAT 1.51b / Invested Capital 9.64b)
WACC = 5.83% (E(28.87b)/V(35.35b) * Re(6.93%) + D(6.48b)/V(35.35b) * Rd(1.17%) * (1-Tc(0.22)))
Discount Rate = 6.93% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 81.65 | Cagr: 0.87%
[DCF Debug] Terminal Value 77.17% ; FCFE base≈832.4m ; Y1≈773.7m ; Y5≈709.0m
Fair Price DCF = 36.60 (DCF Value 12.72b / Shares Outstanding 347.7m; 5y FCF grow -8.95% → 3.0% )
EPS Correlation: -41.24 | EPS CAGR: -2.58% | SUE: -0.59 | # QB: 0
Revenue Correlation: -63.30 | Revenue CAGR: -7.31% | SUE: 0.01 | # QB: 0

Additional Sources for K Stock

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