Stock Analysis on Net

Kellanova (NYSE:K)

This company has been moved to the archive! The financial data has not been updated since August 1, 2024.

Price to Sales (P/S) 
since 2005

Microsoft Excel

Calculation

Kellanova, P/S, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2021-01-02), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Kellanova Annual Report.


The financial data reveals various trends in share price, sales per share, and price-to-sales (P/S) ratio over the analyzed period from 2006 to 2024.

Share Price
The share price exhibited fluctuations with an overall growth trend until around 2013, reaching a peak near 74.74 US$. Following this peak, the price experienced volatility with periods of increase and decrease. Notably, after 2018, the share price showed a decline until 2020, bounced back in the next two years, reaching above 66 US$ in 2022, followed by a decrease again in 2024. The share price in 2024 stands at 56.13 US$, which is lower than the peak values recorded between 2013 and 2017.
Sales per Share
Sales per share displayed a general upward trajectory over the entire period, increasing from 25.1 US$ in 2006 to a high of 44.8 US$ in 2022. Despite minor year-to-year fluctuations, the data indicates steady growth in sales efficiency per share. A decline was evident in the final recorded year, 2024, where sales per share dropped to 38.52 US$, suggesting a decrease in sales volume or revenue relative to share count at that time.
Price-to-Sales (P/S) Ratio
The P/S ratio shows variability throughout the timeline. From 1.77 in 2006, it initially declined to a low near 1.18 in 2009, indicating lower market valuation relative to sales during that period. Subsequently, the ratio increased again, peaking at 2.02 in 2017, implying heightened investor valuation relative to sales. After this peak, the P/S ratio experienced a declining tendency, reaching 1.46 in 2024. This suggests a moderate contraction in market valuation relative to sales in recent years.

Overall, the trends imply that although sales per share steadily improved over the years, share price and market valuation as measured by the P/S ratio were more volatile. The divergence between rising sales per share and fluctuating share price and P/S ratio in recent years may reflect market uncertainties, shifts in investor sentiment, or external economic factors impacting valuation independently of sales performance.


Comparison to Competitors

Kellanova, P/S, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2021-01-02), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Food, Beverage & Tobacco)

Kellanova, P/S, long-term trends, comparison to sector (food, beverage & tobacco)

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Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2021-01-02), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).


Comparison to Industry (Consumer Staples)

Kellanova, P/S, long-term trends, comparison to industry (consumer staples)

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2021-01-02), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).