3.10%
4.29%
8.92%
33.30%
61.86%
169.04%
169.04%
AI Spotlight on KNF
Company Description
Knife River Corporation provides aggregates-based construction materials and contracting services in the United States.It operates through six segments: Pacific, Northwest, Mountain, North Central, South, and Energy Services.The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete, as well as provides contracting services to support the aggregate-based product lines, including heavy-civil construction, asphalt and concrete paving, and site development and grading.
It serves federal, state, and municipal governments for various projects, such as highways, bridges, airports, schools, public buildings, and other public-infrastructure projects.The company was founded in 1917 and is based in Bismarck, North Dakota.
Market Data
| Last Price | 106 |
| Change Percentage | 3.10% |
| Open | 104.27 |
| Previous Close | 102.81 |
| Market Cap ( Millions) | 6001 |
| Volume | 301998 |
| Year High | 108.83 |
| Year Low | 65.58 |
| M A 50 | 101.95 |
| M A 200 | 85.34 |
Financial Ratios
| FCF Yield | 2.52% |
| Dividend Yield | 0.00% |
| ROE | 15.22% |
| Debt / Equity | 50.10% |
| Net Debt / EBIDTA | 100.36% |
| Price To Book | 4.14 |
| Price Earnings Ratio | 30.14 |
| Price To FCF | 39.75 |
| Price To sales | 2.08 |
| EV / EBITDA | 14.14 |
News
- Dec -23 - Knife River to Expand Footprint With $454M Strata Acquisition
- Dec -20 - Knife River Enters Definitive Agreement to Acquire Strata Corporation
- Nov -26 - Knife River Names Pladsen Vice President and Chief Excellence Officer
- Nov -04 - Knife River Corporation (KNF) Q3 2024 Earnings Call Transcript
- Nov -04 - Knife River (KNF) Lags Q3 Earnings and Revenue Estimates
- Oct -28 - Knife River (KNF) Reports Next Week: Wall Street Expects Earnings Growth
- Oct -16 - Knife River Corporation Announces Third Quarter 2024 Results Conference Call
- Oct -01 - Knife River (KNF) Upgraded to Buy: Here's What You Should Know
- Aug -08 - 3 Highly Ranked Construction Stocks to Buy as Markets Rebound
- Aug -08 - KNF vs. JHX: Which Stock Is the Better Value Option?
- Aug -08 - Best Value Stocks to Buy for August 8th
- Aug -06 - Knife River Corporation (KNF) Q2 2024 Earnings Call Transcript
- Aug -06 - Knife River (KNF) Q2 Earnings and Revenues Beat Estimates
- Jul -17 - Knife River Corporation Announces Second Quarter 2024 Results Conference Call
- Jun -27 - Patricia Chiodo Appointed to Knife River Corporation Board of Directors
- Jun -26 - KNF vs. JHX: Which Stock Should Value Investors Buy Now?
- Jun -26 - 3 Stocks to Buy for the Price of One Nvidia Share
- Jun -10 - KNF or JHX: Which Is the Better Value Stock Right Now?
- Jun -05 - Knife River (KNF) Loses -14.99% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- May -24 - KNF vs. JHX: Which Stock Is the Better Value Option?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Central
Expected Growth : 3.8 %
What the company do ?
The Central from Knife River Corporation is a major aggregate operation that supplies high-quality construction materials to the Upper Midwest region.
Why we expect these perspectives ?
Central segment of Knife River Corporation, with 3.8% growth, is driven by increasing demand for construction materials, strategic acquisitions, and expansion into new markets. Additionally, cost savings initiatives, operational efficiencies, and a strong backlog of projects contribute to the segment's growth.
Segment n°2 -> Northwest
Expected Growth : 3.9 %
What the company do ?
The Northwest from Knife River Corporation refers to the region in North Dakota where the company's operations are based, near the confluence of the Knife and Missouri rivers.
Why we expect these perspectives ?
Northwest segment's 3.9% growth is driven by increasing infrastructure spending, robust highway construction, and rising demand for construction materials. Additionally, Knife River Corporation's strategic acquisitions and operational efficiencies have contributed to the segment's growth.
Segment n°3 -> Mountain
Expected Growth : 3.7 %
What the company do ?
The Mountain from Knife River Corporation is a massive granite mountain in North Dakota, USA, known for its high-quality quartzite and granite aggregates.
Why we expect these perspectives ?
Mountain segment of Knife River Corporation, with 3.7% growth, is driven by increasing demand for aggregates in infrastructure projects, expansion into new markets, and strategic acquisitions. Additionally, growing construction activities in the Western United States, where the company has a strong presence, contribute to the segment's growth.
Segment n°4 -> Pacific
Expected Growth : 4.1 %
What the company do ?
The Pacific from Knife River Corporation is a type of sand, a high-quality proppant used in hydraulic fracturing to enhance oil and gas production.
Why we expect these perspectives ?
Pacific segment of Knife River Corporation's 4.1% growth is driven by increasing demand for construction materials, strategic acquisitions, and expansion into new markets. Additionally, the company's focus on operational efficiency, cost savings, and investments in technology have contributed to its growth. Strong backlog and bidding activity also support future growth prospects.
Segment n°5 -> Energy Services
Expected Growth : 4.3 %
What the company do ?
Energy Services from Knife River Corporation provides turnkey solutions for oil and gas, renewable energy, and industrial markets, offering engineering, procurement, and construction services.
Why we expect these perspectives ?
Knife River Corporation's Energy Services segment growth of 4.3% is driven by increasing demand for infrastructure development, expansion of renewable energy sources, and rising investments in oil and gas exploration. Additionally, the company's strategic acquisitions and focus on operational efficiency have contributed to its growth momentum.
Segment n°6 -> Corporate Services
Expected Growth : 3.6 %
What the company do ?
Corporate Services from Knife River Corporation provides administrative support, including human resources, finance, and IT, to its construction and materials businesses.
Why we expect these perspectives ?
Knife River Corporation's Corporate Services segment growth of 3.6% is driven by increasing demand for infrastructure development, strategic acquisitions, and expansion into new markets. Additionally, the company's focus on operational efficiency, cost savings, and investments in technology have contributed to the segment's growth.
Knife River Corporation Products
| Product Range | What is it ? |
|---|---|
| Aggregates | Knife River Corporation provides a wide range of aggregates including sand, gravel, and crushed stone for construction, landscaping, and other applications. |
| Asphalt | Knife River Corporation offers high-quality asphalt products for paving, patching, and repairing roads, highways, and parking lots. |
| Ready Mix Concrete | Knife River Corporation provides ready mix concrete for building foundations, walls, floors, and other structures. |
| Cement | Knife River Corporation offers high-quality cement products for construction, building, and infrastructure development. |
| Construction Services | Knife River Corporation provides construction services including excavation, grading, and paving for commercial and residential projects. |
Knife River Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Knife River Corporation is moderate, as there are some alternative materials and products available in the market, but they are not highly attractive to customers.
Bargaining Power Of Customers
The bargaining power of customers for Knife River Corporation is low, as the company operates in a niche market with limited customer base, and customers have limited bargaining power.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Knife River Corporation is moderate, as the company relies on a few key suppliers for raw materials, but has some flexibility to switch suppliers if needed.
Threat Of New Entrants
The threat of new entrants for Knife River Corporation is low, as the company operates in a niche market with high barriers to entry, and new entrants would face significant challenges in competing with the company.
Intensity Of Rivalry
The intensity of rivalry for Knife River Corporation is high, as the company operates in a competitive market with several established players, and the company needs to continuously innovate and improve its products and services to stay competitive.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 35.43% |
| Debt Cost | 10.36% |
| Equity Weight | 64.57% |
| Equity Cost | 10.36% |
| WACC | 10.36% |
| Leverage | 54.87% |
Knife River Corporation : Quality Control
Knife River Corporation passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CMC | Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous … |
| EXP | Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials and light building materials in the United States. It operates through Cement, Concrete and Aggregates, Gypsum Wallboard, and … |
| RS | Reliance Steel & Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line … |
| SUM | Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. It operates through three segments: … |
| BCC | Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Boise Cascade
A-Score
1-Year Total Return ->
🥈
Reliance Steel & Aluminum
A-Score
1-Year Total Return ->
🥉
CMC
A-Score
1-Year Total Return ->
4
Eagle Materials
A-Score
1-Year Total Return ->
5
Summit Materials
A-Score
1-Year Total Return ->
6
