Eastman Kodak Company (KODK) Shares Slide Again

Eastman Kodak Company logged a -4.23% change during today's afternoon session, and is now trading at a price of $3.62 per share. The S&P 500 index moved -1.11% and the Nasdaq posted a -0.92% change.

Eastman Kodak Company shares moved -21.41% over the last 52 weeks, with a high of $7.5 and a low of $2.78. During this time, the stock lagged the S&P 500 index by -15.13%. As of January 2022, the company's 50-day average price is $3.51. Eastman Kodak Company provides hardware, software, supplies and services to customers in the commercial printing, packaging, publishing, manufacturing, commercial entertainment and film, and consumer products markets globally. The small-cap Consumer Discretionary company is based in Rochester, NY. \

The Company Has Irregular and Negative Cash Flows:

2018-12-31 2019-12-31 2020-12-31 2021-12-31
Revenue (MM) $1,313 $1,445 $1,030 $1,122
Revenue Growth n/a 10.05% -28.72% 8.93%
Gross Margins 13.71% 12.6% 13.11% 14.62%
Gross Margins Growth n/a -8.1% 4.05% 11.52%
Operating Margins -8.99% -7.06% -7.18% -4.1%
Operating Margins Growth n/a 21.47% -1.7% 42.9%
Earnings Per Share -$0.37 $2.69 -$7.01 $0.3
EPS Growth n/a 827.03% -360.59% 104.28%
Diluted Shares (MM) 43 43 77 79
Free Cash Flow (MM) -$95 -$3 -$52 -$68
FCF Growth n/a 96.84% -1633.33% -30.77%
Capital Expenditures (MM) $33 $15 $17 $21
Net Debt / EBITDA -5.27 -0.61 0.46 -1.16

Eastman Kodak Company does not have a meaningful trailing twelve month P/E ratio because its earnings per share are negative.

On the other hand, Eastman Kodak Company is possibly undervalued in terms of its net assets because its P/B ratio is 0.337 compared to its sector average of 3.12.

Despite Eastman Kodak Company's elevated earnings multiple, decent P/B ratio, and reasonable leverage demonstrate the company may be fairly valued as a low growth company.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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