(K) Kellanova - Ratings and Ratios

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

Snacks, Crackers, Pastries, Cereals, Waffles

EPS (Earnings per Share)

EPS (Earnings per Share) of K over the last years for every Quarter: "2020-09": 0.91, "2020-12": 0.86, "2021-03": 1.11, "2021-06": 1.14, "2021-09": 1.09, "2021-12": 0.83, "2022-03": 1.1, "2022-06": 1.18, "2022-09": 1.01, "2022-12": 0.94, "2023-03": 1.1, "2023-06": 1.25, "2023-09": 1.03, "2023-12": 0.78, "2024-03": 1.01, "2024-06": 1.01, "2024-09": 0.91, "2024-12": 0.92, "2025-03": 0.9, "2025-06": 0.94, "2025-09": 0.94,

Revenue

Revenue of K over the last years for every Quarter: 2020-09: 3429, 2020-12: 3464, 2021-03: 3584, 2021-06: 3555, 2021-09: 3622, 2021-12: 3421, 2022-03: 3672, 2022-06: 3864, 2022-09: 3946, 2022-12: 3164, 2023-03: 3342, 2023-06: 3351, 2023-09: 3255, 2023-12: 3174, 2024-03: 3200, 2024-06: 3192, 2024-09: 3233, 2024-12: 3124, 2025-03: 3083, 2025-06: 3203, 2025-09: 3260,

Dividends

Dividend Yield 3.43%
Yield on Cost 5y 5.63%
Yield CAGR 5y -0.22%
Payout Consistency 75.4%
Payout Ratio 62.2%
Risk via 10d forecast
Volatility 2.27%
Value at Risk 5%th 3.46%
Relative Tail Risk -7.46%
Reward TTM
Sharpe Ratio 0.27
Alpha 1.26
CAGR/Max DD 0.36
Character TTM
Hurst Exponent 0.381
Beta 0.042
Beta Downside 0.007
Drawdowns 3y
Max DD 28.12%
Mean DD 7.43%
Median DD 5.62%

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.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (1.28b TTM) > 0 and > 6% of Revenue (6% = 760.2m TTM)
FCFTA 0.04 (>2.0%) and ΔFCFTA -2.05pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -12.98% (prev -8.75%; Δ -4.23pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.08 (>3.0%) and CFO 1.25b <= Net Income 1.28b (YES >=105%, WARN >=100%)
Net Debt (5.96b) to EBITDA (2.28b) ratio: 2.61 <= 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 0.86% (target <= -2.0% for YES)
Gross Margin 34.89% (prev 35.38%; Δ -0.49pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 80.68% (prev 81.20%; Δ -0.52pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 6.56 (EBITDA TTM 2.28b / Interest Expense TTM 291.0m) >= 6 (WARN >= 3)

Altman Z'' 2.85

(A) -0.11 = (Total Current Assets 3.46b - Total Current Liabilities 5.11b) / Total Assets 15.64b
(B) 0.62 = Retained Earnings (Balance) 9.70b / Total Assets 15.64b
(C) 0.12 = EBIT TTM 1.91b / Avg Total Assets 15.70b
(D) 0.67 = Book Value of Equity 7.57b / Total Liabilities 11.35b
Total Rating: 2.85 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 59.62

1. Piotroski 4.0pt
2. FCF Yield 1.71%
3. FCF Margin 4.73%
4. Debt/Equity 1.48
5. Debt/Ebitda 2.61
6. ROIC - WACC (= 10.07)%
7. RoE 31.92%
8. Rev. Trend -69.01%
9. EPS Trend -31.69%

What is the price of K shares?

As of November 30, 2025, the stock is trading at USD 83.60 with a total of 1,497,284 shares traded.
Over the past week, the price has changed by +0.18%, over one month by +0.61%, over three months by +5.98% and over the past year by +5.79%.

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 91.7 9.7%

K Fundamental Data Overview November 26, 2025

Market Cap USD = 29.03b (29.03b USD * 1.0 USD.USD)
P/E Trailing = 22.8005
P/E Forward = 21.4133
P/S = 2.2916
P/B = 6.9082
P/EG = 3.6267
Beta = 0.251
Revenue TTM = 12.67b USD
EBIT TTM = 1.91b USD
EBITDA TTM = 2.28b USD
Long Term Debt = 4.34b USD (from longTermDebt, last quarter)
Short Term Debt = 1.44b USD (from shortTermDebt, last quarter)
Debt = 6.20b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.96b USD (from netDebt column, last quarter)
Enterprise Value = 34.99b USD (29.03b + Debt 6.20b - CCE 240.0m)
Interest Coverage Ratio = 6.56 (Ebit TTM 1.91b / Interest Expense TTM 291.0m)
FCF Yield = 1.71% (FCF TTM 599.0m / Enterprise Value 34.99b)
FCF Margin = 4.73% (FCF TTM 599.0m / Revenue TTM 12.67b)
Net Margin = 10.08% (Net Income TTM 1.28b / Revenue TTM 12.67b)
Gross Margin = 34.89% ((Revenue TTM 12.67b - Cost of Revenue TTM 8.25b) / Revenue TTM)
Gross Margin QoQ = 33.25% (prev 34.69%)
Tobins Q-Ratio = 2.24 (Enterprise Value 34.99b / Total Assets 15.64b)
Interest Expense / Debt = 0.97% (Interest Expense 60.0m / Debt 6.20b)
Taxrate = 22.25% (89.0m / 400.0m)
NOPAT = 1.49b (EBIT 1.91b * (1 - 22.25%))
Current Ratio = 0.68 (Total Current Assets 3.46b / Total Current Liabilities 5.11b)
Debt / Equity = 1.48 (Debt 6.20b / totalStockholderEquity, last quarter 4.20b)
Debt / EBITDA = 2.61 (Net Debt 5.96b / EBITDA 2.28b)
Debt / FCF = 9.95 (Net Debt 5.96b / FCF TTM 599.0m)
Total Stockholder Equity = 4.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.16% (Net Income 1.28b / Total Assets 15.64b)
RoE = 31.92% (Net Income TTM 1.28b / Total Stockholder Equity 4.00b)
RoCE = 22.90% (EBIT 1.91b / Capital Employed (Equity 4.00b + L.T.Debt 4.34b))
RoIC = 15.28% (NOPAT 1.49b / Invested Capital 9.72b)
WACC = 5.22% (E(29.03b)/V(35.23b) * Re(6.17%) + D(6.20b)/V(35.23b) * Rd(0.97%) * (1-Tc(0.22)))
Discount Rate = 6.17% (= 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 75.83% ; FCFE base≈730.2m ; Y1≈626.2m ; Y5≈488.6m
Fair Price DCF = 25.65 (DCF Value 8.92b / Shares Outstanding 347.9m; 5y FCF grow -17.32% → 3.0% )
EPS Correlation: -31.69 | EPS CAGR: 3.37% | SUE: 0.78 | # QB: 0
Revenue Correlation: -69.01 | Revenue CAGR: -1.28% | SUE: 0.01 | # QB: 0

Additional Sources for K Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle