Kestrel Group, Ltd. (KG) Key Metrics
KG valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $36.0M
- Enterprise value
- $201.1M
- P/E (TTM)
- — 10-yr median 5.0
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.8 10-yr median 2.9
- Price / book
- 0.4 10-yr median 0.7
- EV / EBITDA
- 2.4 10-yr median 5.9
- Dividend yield
- —
- Beta
- —
KG key metrics, 2006–2025
Fiscal year ended December 31, 2025 · U.S. dollarsKG valuation Price multiples at each fiscal year-end price.
KG returns How much profit the business earns on the capital it uses.
KG per-share figures Results divided by the shares outstanding at year-end.
KG financial health Debt, liquidity and how easily interest is covered.
KG efficiency & capital use Working capital cycle and where the cash goes.
KG valuation history
KG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
KG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
KG cash returned to shareholders
KG price vs earnings per share
KG key metrics
2006–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $58.7M | $336.0M | $455.2M | $183.8M | $263.4M | $210.0M | — | — | — | — |
| Enterprise value | $218.2M | $331.9M | $412.9M | $392.8M | $452.6M | $329.3M | — | — | — | — |
| P/E ratio | 1.3 | — | — | — | 10.3 | 5.0 | — | — | — | — |
| Price / sales | 1.7 | 87.3 | 342.3 | 3.2 | 2.7 | 1.1 | — | — | — | — |
| Price / book | 0.5 | 72.9 | 1.8 | 0.6 | 0.7 | 0.4 | — | — | — | — |
| EV / sales | 6.4 | 86.3 | 310.4 | 6.8 | 4.6 | 1.8 | — | — | — | — |
| EV / EBITDA | 3.7 | — | — | — | 11.8 | 5.9 | — | — | — | — |
| Earnings yield | 79.6% | −0.4% | −0.9% | −32.8% | 9.7% | 19.9% | — | — | — | — |
| Free cash flow yield | −163.8% | −20.1% | −13.1% | −106.6% | −149.8% | −258.0% | — | — | — | — |
| Dividend yield | 68.2% | 0.0% | — | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 68.2% | 1.1% | 0.6% | 6.0% | 52.7% | 14.3% | — | — | — | — |
| Share price at fiscal year-end | $10.24 | $33.80 | $45.80 | $42.20 | $61.20 | $49.80 | $146.40 | $62.60 | — | — |
| Per share | ||||||||||
| Revenue per share | $5.94 | $0.39 | $0.13 | $13.35 | $22.94 | $44.25 | — | — | — | — |
| Earnings per share | $8.15 | −$0.13 | −$0.42 | −$13.86 | $5.95 | $9.90 | — | — | — | — |
| Operating cash flow per share | −$16.77 | −$6.79 | −$6.01 | −$44.98 | −$91.65 | −$128.48 | — | — | — | — |
| Free cash flow per share | −$16.77 | −$6.79 | −$6.01 | −$44.98 | −$91.65 | −$128.48 | — | — | — | — |
| Cash per share | $2.96 | $0.43 | $4.29 | $10.70 | $15.36 | $32.21 | — | — | — | — |
| Book value per share | $22.38 | $0.46 | $25.07 | $65.33 | $89.29 | $125.17 | — | — | — | — |
| Tangible book value per share | $20.75 | $0.46 | $25.07 | $65.33 | $89.29 | $125.17 | — | — | — | — |
| Dividends per share | $6.98 | $0.00 | — | — | — | — | — | — | — | — |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — |
| Debt per share | $30.79 | $0.02 | $0.03 | $58.68 | $59.33 | $60.50 | — | — | — | — |
| Shares outstanding | 5.7M | 9.9M | 9.9M | 4.4M | 4.3M | 4.2M | — | — | — | — |
| Change in shares outstanding | −42.3% | 0.0% | +128.2% | +1.2% | +2.1% | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 70.3% | −1.0% | −1.6% | −18.0% | 5.6% | 2.9% | 4.0% | — | 7.6% | 13.6% |
| Return on invested capital (ROIC) | 34.4% | 0.1% | −1.0% | −7.3% | 5.0% | 4.8% | 9.6% | 13.5% | 17.8% | 18.4% |
| Return on assets (ROA) | 16.9% | −0.3% | −0.3% | −2.9% | 1.0% | 1.3% | 2.4% | — | 5.4% | 9.2% |
| Return on tangible assets | 8.7% | −23.4% | −0.4% | −3.3% | 1.1% | 1.4% | 5.7% | — | 7.7% | 12.9% |
| Free cash flow margin | −282.4% | — | — | −337.0% | −399.5% | −290.4% | 22.1% | 27.7% | 29.2% | 21.1% |
| Income quality (OCF / net income) | −2.06 | — | — | — | −15.39 | −12.97 | 4.68 | — | 3.68 | 1.61 |
| Financial health | ||||||||||
| Total debt | $176.5M | $244,118 | $314,000 | $255.6M | $255.3M | $255.1M | $339.0M | $963.2M | $400.0M | $400.0M |
| Cash & short-term investments | $16.9M | $4.3M | $42.7M | $46.6M | $66.1M | $135.8M | $545.3M | $940.2M | $20.0M | $113.8M |
| Net debt | $159.5M | −$4.0M | −$42.4M | $208.9M | $189.3M | $119.3M | −$206.3M | $23.0M | $380.0M | $286.2M |
| Debt / equity | 1.38 | 0.05 | 0.00 | 0.90 | 0.66 | 0.48 | 0.14 | 0.44 | 0.16 | 0.17 |
| Debt / assets | 0.32 | 0.04 | 0.00 | 0.14 | 0.11 | 0.09 | 0.10 | 0.23 | 0.12 | 0.12 |
| Net debt / EBITDA | 2.68 | −28.51 | — | — | 4.95 | 2.13 | — | — | — | — |
| Current ratio | — | 6.08 | 24.72 | 0.95 | 0.88 | 0.77 | — | — | — | — |
| Quick ratio | — | 6.08 | 24.72 | 0.95 | 0.88 | 0.77 | — | — | — | — |
| Interest coverage | 5.0 | — | — | -2.6 | 1.6 | 3.5 | — | — | — | — |
| Working capital | — | $3.7M | $52.9M | −$60.4M | −$177.6M | −$444.4M | — | — | — | — |
| Invested capital | $287.8M | $564,118 | $206.8M | $493.5M | $573.5M | $647.1M | $2.16B | $2.20B | $2.89B | $2.57B |
| Tangible asset value | $118.9M | $4.6M | $249.2M | $284.6M | $384.3M | $527.8M | $639.9M | $342.0M | $1.47B | $1.19B |
| Net current asset value | −$402.8M | $3.6M | −$650.3M | −$430.7M | −$582.1M | −$918.8M | — | — | — | — |
| Graham number | $64.08 | — | — | — | $109.37 | $167.01 | — | — | — | — |
| Graham net-net per share | −$70.31 | $0.35 | −$65.74 | −$347.97 | −$435.04 | −$541.85 | — | — | — | — |
| Capital allocation | ||||||||||
| Dividends paid | $40.0M | $0 | — | — | — | — | — | — | — | — |
| Share buybacks (net) | — | $3.7M | $2.9M | $11.0M | $138.7M | $30.1M | — | — | — | — |
| Dividend payout ratio | 85.6% | — | — | — | — | — | — | — | — | — |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2.2% | 3.7% | 2.3% | 2.3% |
| Capex / operating cash flow | — | — | — | — | — | — | 9.0% | 11.7% | 7.4% | 9.8% |
| Capex / depreciation | 0.00 | 0.00 | — | — | — | — | — | — | — | — |
| Stock-based compensation / revenue | — | 1.6% | 4.5% | — | — | — | — | — | — | — |
| R&D / revenue | — | — | — | — | — | — | 5.6% | 47.5% | 8.6% | 12.8% |
| SG&A / revenue | 85.4% | 132.8% | 148.5% | — | — | — | 36.1% | 38.1% | 39.3% | 40.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 4.7 | 597.9 | 3,416.7 | — | — | — | — | — | — | — |
| Days of inventory on hand | — | — | — | — | — | — | 138.4 | 174.3 | 128.6 | 189.7 |
| Days payables outstanding | — | 108.5 | 178.4 | — | — | — | 71.5 | 102.8 | 60.6 | 69.2 |
| Cash conversion cycle (days) | — | 489.5 | 3,238.3 | — | — | — | — | — | — | — |
| Receivables turnover | 77.57 | 0.61 | 0.11 | — | — | — | — | — | — | — |
| Payables turnover | — | 3.37 | 2.05 | — | — | — | 5.10 | 3.55 | 6.02 | 5.28 |
| Inventory turnover | — | — | — | — | — | — | 2.64 | 2.09 | 2.84 | 1.92 |
| Asset turnover | 0.12 | 0.01 | 0.00 | 0.03 | 0.04 | 0.06 | 0.47 | 0.41 | 0.63 | 0.63 |
| Average receivables | $438,972 | $6.3M | $12.4M | — | — | — | — | — | — | — |
| Average payables | — | $1.0M | $1.7M | — | — | — | $113.8M | $108.7M | $76.8M | $80.8M |
| Average inventory | — | — | — | — | — | — | $220.3M | $184.3M | $162.9M | $221.8M |
| Intangibles / total assets | 1.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 52.0% | 43.1% | 30.3% | 32.8% |
Computed from KG's annual financial statements (latest annual report filed March 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
KG valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Kestrel traded at 1.3 times earnings, against a 10-year median of 5.0. Kestrel earned a return on equity of 70.3% and a return on invested capital of 34.4% in fiscal 2025. It ended the year with $176.5 million of debt and $16.9 million in cash and short-term investments, net debt of $159.5 million. It returned $40.0 million to shareholders: $40.0 million in dividends and $0 in share buybacks.
See the KG income statement, the KG chart for price history, or the KG stock overview for the latest quote and news.
KG key metrics FAQ
What is Kestrel's P/E ratio?
Kestrel traded at 1.3 times earnings at the end of fiscal 2025.
What is Kestrel's EV/EBITDA?
Kestrel's enterprise value was 3.7 times EBITDA at the end of fiscal 2025 (enterprise value $218.2 million, EBITDA $59.6 million); the current EV/EBITDA is 2.4.
What is Kestrel's return on equity?
Kestrel's return on equity (ROE) was 70.3% in fiscal 2025: net income of $46.7 million on average shareholders' equity of $66.4 million.
What is Kestrel's ROIC?
Kestrel's return on invested capital was 34.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Kestrel have?
Kestrel had total debt of $176.5 million at the end of fiscal 2025, a debt-to-equity ratio of 1.38 and $159.5 million of net debt (2.68 times EBITDA).
What is Kestrel's dividend yield?
Kestrel paid $40.0 million in dividends in fiscal 2025 ($6.98 per share), a payout ratio of 85.6%.
What is Kestrel's free cash flow yield?
Kestrel generated -$96.1 million of free cash flow in fiscal 2025, a free cash flow yield of −163.8% on its market value at year-end ($58.7 million).