Kornit Digital Ltd. (KRNT) vs Luxfer Holdings PLC (LXFR)

Kornit Digital Ltd. and Luxfer Holdings PLC are both Specialty Industrial Machinery companies. Kornit Digital Ltd. is the larger, with a market value of $651.8M against $465.6M — 1.4× the size. Kornit Digital Ltd. has negative trailing earnings, so its P/E is not meaningful; Luxfer Holdings PLC trades at 57.5×. Kornit Digital Ltd. grew revenue faster over the last twelve months: 3.95% against −11.3%. Luxfer Holdings PLC has the higher net margin (2.22% vs −9.42%) and the higher return on invested capital (5.89% vs −10.6%). Across the 20 metrics below, Luxfer Holdings PLC leads on 12 and Kornit Digital Ltd. on 8.

Valuation

Metric KRNT LXFR Specialty Industrial Machinery median
P/E n/m 57.50 29.62
P/S 3.09 1.28 2.77
P/B 0.94 2.07 3.04
Price to free cash flow 124.20 28.84 23.81
EV/EBITDA n/m 14.43 16.05
EV/Sales 1.10 1.47 2.94
Earnings yield (3.02%) 1.74% 3.08%
Free cash flow yield 0.81% 3.47% 3.12%

Profitability

Metric KRNT LXFR Specialty Industrial Machinery median
Gross margin 44.09% 24.82% 35.90%
Operating margin (18.54%) 6.99% 11.22%
Net margin (9.42%) 2.22% 7.80%
Free cash flow margin 2.69% 4.66% 9.51%
Return on equity 0.00% 3.48% 11.10%
Return on assets (2.68%) 2.03% 4.63%
Return on invested capital (10.60%) 5.89% 5.37%

Growth

Metric KRNT LXFR Specialty Industrial Machinery median
Revenue growth (TTM) 3.95% (11.27%) 6.45%
EPS growth (last fiscal year) 14.29% (58.82%) —
Revenue growth, 5-year CAGR 1.49% 3.44% 8.31%
Net income growth, 5-year CAGR 0.00% (17.38%) 5.04%

Health

Metric KRNT LXFR Specialty Industrial Machinery median
Debt to equity 0.00 0.26 0.35
Current ratio 8.81 2.33 2.11
Net debt to EBITDA 20.19 0.78 1.32

Dividend

Metric KRNT LXFR Specialty Industrial Machinery median
Dividend yield — 6.66% 1.12%
Payout ratio 0.00 0.70 0.17

Size

Metric KRNT LXFR Specialty Industrial Machinery median
Market cap 651.80m 465.58m 1.97b

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