Chicago Rivet & Machine Co. (CVR) vs Kennametal Inc. (KMT)

Chicago Rivet & Machine Co. and Kennametal Inc. are both Tools & Accessories companies. Kennametal Inc. is the larger, with a market value of $2.3B against $9.9M — 232.3× the size. Chicago Rivet & Machine Co. has negative trailing earnings, so its P/E is not meaningful; Kennametal Inc. trades at 6.9×. Kennametal Inc. grew revenue faster over the last twelve months: 19.8% against 7.09%. Kennametal Inc. has the higher net margin (14.5% vs −8.90%) and the higher return on invested capital (13.2% vs −8.95%). Both pay a dividend; Chicago Rivet & Machine Co. yields more (4.00% vs 3.36%). Across the 20 metrics below, Kennametal Inc. leads on 13 and Chicago Rivet & Machine Co. on 7.

Valuation

Metric CVR KMT Tools & Accessories median
P/E n/m 6.91 25.91
P/S 0.36 1.00 1.36
P/B 0.57 1.47 1.98
Price to free cash flow n/m n/m 18.96
EV/EBITDA n/m 4.85 13.02
EV/Sales 0.41 1.27 1.27
Earnings yield (26.44%) 14.47% 3.72%
Free cash flow yield (13.69%) (3.35%) 4.42%

Profitability

Metric CVR KMT Tools & Accessories median
Gross margin 10.99% 41.16% 33.41%
Operating margin (9.49%) 20.05% 10.31%
Net margin (8.90%) 14.53% 5.43%
Free cash flow margin (4.94%) (3.36%) 8.16%
Return on equity (13.04%) 23.31% 7.80%
Return on assets (10.33%) 11.99% 3.79%
Return on invested capital (8.95%) 13.21% 6.23%

Growth

Metric CVR KMT Tools & Accessories median
Revenue growth (TTM) 7.09% 19.82% 5.45%
EPS growth (last fiscal year) 80.72% 268.33% —
Revenue growth, 5-year CAGR 0.22% 5.06% 5.45%
Net income growth, 5-year CAGR 0.00% 44.45% 0.27%

Health

Metric CVR KMT Tools & Accessories median
Debt to equity 0.09 0.44 0.44
Current ratio 3.03 2.62 2.62
Net debt to EBITDA (58.29) 1.01 1.21

Dividend

Metric CVR KMT Tools & Accessories median
Dividend yield 4.00% 3.36% 2.20%
Payout ratio 2.26 0.55 0.35

Size

Metric CVR KMT Tools & Accessories median
Market cap 9.90m 2.30b 8.25b

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