Kamada Ltd. (KMDA) Key Metrics
KMDA valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $447.8M
- Enterprise value
- $452.4M
- P/E (TTM)
- 20.4 10-yr median 20.4
- Forward P/E
- 16.5
- PEG ratio
- 0.66
- Price / sales
- 2.3 10-yr median 2.2
- Price / book
- 1.9 10-yr median 1.6
- EV / EBITDA
- 10.5 10-yr median 10.2
- Dividend yield
- 2.19% $0.17 a year
- Beta
- 0.13
KMDA key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsKMDA valuation Price multiples at each fiscal year-end price.
KMDA returns How much profit the business earns on the capital it uses.
KMDA per-share figures Results divided by the shares outstanding at year-end.
KMDA financial health Debt, liquidity and how easily interest is covered.
KMDA efficiency & capital use Working capital cycle and where the cash goes.
KMDA valuation history
KMDA returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
KMDA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
KMDA cash returned to shareholders
KMDA price vs earnings per share
KMDA key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $411.9M | $352.1M | $328.5M | $179.7M | $294.6M | $288.9M | $277.2M | $202.7M | $180.7M | $198.5M |
| Enterprise value | $348.0M | $284.7M | $281.7M | $166.1M | $300.4M | $184.6M | $209.0M | $153.4M | $139.7M | $171.7M |
| P/E ratio | 20.4 | 24.3 | 39.7 | — | — | 16.9 | 12.5 | 9.1 | 26.2 | — |
| Price / sales | 2.3 | 2.2 | 2.3 | 1.4 | 2.8 | 2.2 | 2.2 | 1.8 | 1.8 | 2.6 |
| Price / book | 1.5 | 1.4 | 1.3 | 1.0 | 1.7 | 1.6 | 2.0 | 1.8 | 2.0 | 3.0 |
| Price / free cash flow | 24.3 | 9.6 | — | 7.2 | — | 21.2 | 10.6 | 26.5 | — | — |
| Price / operating cash flow | 14.9 | 7.4 | 76.1 | 6.3 | — | 15.1 | 9.7 | 19.2 | 46.5 | 104.7 |
| EV / sales | 1.9 | 1.8 | 2.0 | 1.3 | 2.9 | 1.4 | 1.6 | 1.3 | 1.4 | 2.2 |
| EV / EBITDA | 8.9 | 10.2 | 12.6 | 15.4 | 75.0 | 7.4 | 7.5 | 6.5 | 12.6 | — |
| EV / free cash flow | 20.6 | 7.7 | — | 6.7 | — | 13.6 | 8.0 | 20.0 | — | — |
| Earnings yield | 4.9% | 4.1% | 2.5% | −1.3% | −0.8% | 5.9% | 8.0% | 11.0% | 3.8% | −3.4% |
| Free cash flow yield | 4.1% | 10.5% | −0.5% | 13.8% | −4.4% | 4.7% | 9.4% | 3.8% | −0.3% | −0.4% |
| Dividend yield | 3.0% | 0.0% | 0.0% | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 3.0% | 0.0% | 0.0% | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% |
| Share price at fiscal year-end | $7.06 | $6.09 | $6.12 | $4.01 | $6.58 | $6.48 | $6.83 | $5.00 | $4.75 | $5.45 |
| Per share | ||||||||||
| Revenue per share | $3.09 | $2.78 | $2.66 | $2.89 | $2.31 | $2.99 | $3.13 | $2.82 | $2.70 | $2.13 |
| Earnings per share | $0.35 | $0.25 | $0.15 | −$0.05 | −$0.05 | $0.38 | $0.55 | $0.55 | $0.18 | −$0.18 |
| Operating cash flow per share | $0.47 | $0.82 | $0.08 | $0.64 | −$0.20 | $0.43 | $0.70 | $0.26 | $0.10 | $0.05 |
| Free cash flow per share | $0.29 | $0.64 | −$0.03 | $0.55 | −$0.29 | $0.31 | $0.64 | $0.19 | −$0.01 | −$0.02 |
| Cash per share | $1.29 | $1.36 | $1.04 | $0.76 | $0.42 | $2.45 | $1.82 | $1.25 | $1.13 | $0.79 |
| Book value per share | $4.61 | $4.49 | $4.55 | $3.93 | $3.95 | $4.01 | $3.33 | $2.77 | $2.35 | $1.83 |
| Tangible book value per share | $2.45 | $2.20 | $1.94 | $0.65 | $0.52 | $3.97 | $3.33 | $2.77 | $2.35 | $1.23 |
| Dividends per share | $0.21 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| Capex per share | $0.18 | $0.19 | $0.11 | $0.08 | $0.09 | $0.12 | $0.06 | $0.07 | $0.12 | $0.07 |
| Debt per share | $0.20 | $0.19 | $0.16 | $0.46 | $0.54 | $0.11 | $0.14 | $0.03 | $0.05 | $0.05 |
| Shares outstanding | 58.3M | 57.8M | 53.7M | 44.8M | 44.8M | 44.6M | 40.6M | 40.5M | 38.0M | 36.4M |
| Change in shares outstanding | +0.9% | +7.7% | +19.8% | +0.1% | +0.4% | +9.9% | +0.1% | +6.6% | +4.4% | +0.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.6% | 5.7% | 3.9% | −1.3% | −1.3% | 10.9% | 18.0% | 22.1% | 8.8% | −9.7% |
| Return on invested capital (ROIC) | 11.4% | 10.3% | 5.5% | 2.1% | −0.4% | 25.1% | 33.9% | 34.5% | 16.2% | −11.0% |
| Return on assets (ROA) | 5.4% | 4.0% | 2.4% | −0.7% | −0.8% | 8.9% | 14.3% | 17.1% | 6.2% | −6.7% |
| Return on tangible assets | 8.0% | 6.0% | 3.9% | −1.3% | −1.4% | 8.2% | 12.8% | 16.2% | 5.7% | −8.6% |
| Free cash flow margin | 9.4% | 22.9% | −1.1% | 19.2% | −12.6% | 10.2% | 20.5% | 6.7% | −0.5% | −1.0% |
| Income quality (OCF / net income) | 1.37 | 3.29 | 0.52 | — | — | 1.11 | 1.28 | 0.47 | 0.56 | — |
| Financial health | ||||||||||
| Total debt | $11.6M | $11.1M | $8.8M | $20.6M | $24.4M | $4.9M | $5.7M | $1.3M | $2.0M | $1.8M |
| Cash & short-term investments | $75.5M | $78.4M | $55.6M | $34.3M | $18.6M | $109.3M | $73.9M | $50.6M | $43.0M | $28.6M |
| Net debt | −$63.9M | −$67.4M | −$46.8M | −$13.7M | $5.8M | −$104.3M | −$68.2M | −$49.3M | −$41.0M | −$26.9M |
| Debt / equity | 0.04 | 0.04 | 0.04 | 0.12 | 0.14 | 0.03 | 0.04 | 0.01 | 0.02 | 0.03 |
| Debt / assets | 0.03 | 0.03 | 0.02 | 0.06 | 0.08 | 0.02 | 0.03 | 0.01 | 0.02 | 0.02 |
| Net debt / EBITDA | −1.63 | −2.42 | −2.09 | −1.26 | 1.44 | −4.16 | −2.45 | −2.09 | −3.69 | — |
| Current ratio | 4.07 | 3.73 | 3.43 | 1.84 | 2.41 | 7.13 | 4.39 | 4.70 | 3.30 | 2.83 |
| Quick ratio | 2.28 | 2.14 | 1.64 | 0.88 | 1.08 | 5.40 | 3.07 | 3.46 | 2.58 | 1.89 |
| Interest coverage | 30.4 | 30.4 | 7.8 | 5.0 | -2.5 | 72.3 | 77.8 | 58.9 | 90.8 | -46.4 |
| Working capital | $145.7M | $135.0M | $120.4M | $63.3M | $76.0M | $152.9M | $110.8M | $87.3M | $67.5M | $49.9M |
| Invested capital | $205.2M | $192.1M | $197.2M | $162.4M | $182.6M | $74.3M | $67.2M | $63.1M | $48.5M | $39.9M |
| Tangible asset value | $142.7M | $127.3M | $104.1M | $29.0M | $23.2M | $177.1M | $135.0M | $112.3M | $89.5M | $44.9M |
| Net current asset value | $83.5M | $71.6M | $59.1M | −$7.4M | −$11.8M | $145.9M | $105.1M | $85.2M | $64.3M | $44.1M |
| Graham number | $5.99 | $5.03 | $3.97 | — | — | $5.89 | $6.41 | $5.86 | $3.10 | — |
| Graham net-net per share | $0.52 | $0.39 | $0.09 | −$1.22 | −$1.36 | $2.60 | $1.87 | $1.52 | $1.18 | $0.68 |
| Capital allocation | ||||||||||
| Dividends paid | $12.5M | $0 | $0 | — | — | — | — | — | — | — |
| Share buybacks (net) | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Dividend payout ratio | 61.8% | 0.0% | 0.0% | — | — | — | — | — | — | — |
| Dividends + buybacks / free cash flow | 73.7% | 0.0% | — | — | — | — | 0.0% | 0.0% | — | — |
| Capex / revenue | 5.9% | 6.7% | 4.1% | 2.9% | 3.7% | 4.1% | 1.9% | 2.5% | 4.3% | 3.4% |
| Capex / operating cash flow | 38.6% | 22.6% | 135.6% | 13.2% | — | 28.7% | 8.3% | 27.3% | 114.4% | 139.2% |
| Capex / depreciation | 0.71 | 0.78 | 0.46 | 0.31 | 0.69 | 1.12 | 0.53 | 0.78 | 1.26 | 0.75 |
| Stock-based compensation / revenue | 0.5% | 0.5% | 0.9% | 0.9% | 0.5% | 0.7% | 0.9% | 0.8% | 0.5% | 1.4% |
| R&D / revenue | 7.2% | 9.4% | 9.8% | 10.2% | 11.0% | 10.2% | 10.3% | 8.5% | 11.6% | 21.0% |
| SG&A / revenue | 18.8% | 19.2% | 19.3% | 19.4% | 16.9% | 11.0% | 10.1% | 10.6% | 12.3% | 14.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 52.8 | 50.4 | 63.6 | 90.2 | 103.2 | 66.1 | 78.5 | 98.0 | 95.4 | 110.4 |
| Days of inventory on hand | 287.3 | 335.6 | 337.6 | 318.8 | 286.0 | 183.6 | 170.8 | 126.0 | 120.4 | 169.7 |
| Days payables outstanding | 89.4 | 105.4 | 121.0 | 128.1 | 102.6 | 87.2 | 99.2 | 88.3 | 88.5 | 108.5 |
| Cash conversion cycle (days) | 250.7 | 280.6 | 280.1 | 280.8 | 286.6 | 162.5 | 150.1 | 135.7 | 127.3 | 171.6 |
| Receivables turnover | 6.91 | 7.24 | 5.74 | 4.05 | 3.54 | 5.52 | 4.65 | 3.72 | 3.82 | 3.31 |
| Payables turnover | 4.08 | 3.46 | 3.02 | 2.85 | 3.56 | 4.19 | 3.68 | 4.13 | 4.12 | 3.36 |
| Inventory turnover | 1.27 | 1.09 | 1.08 | 1.14 | 1.28 | 1.99 | 2.14 | 2.90 | 3.03 | 2.15 |
| Asset turnover | 0.48 | 0.44 | 0.42 | 0.40 | 0.39 | 0.69 | 0.82 | 0.88 | 0.93 | 0.77 |
| Average receivables | $26.1M | $22.2M | $24.8M | $32.0M | $29.3M | $24.1M | $27.4M | $30.7M | $26.9M | $23.4M |
| Average payables | $25.5M | $26.3M | $28.9M | $29.0M | $20.6M | $20.5M | $21.1M | $17.7M | $17.2M | $16.6M |
| Average inventory | $81.9M | $83.6M | $80.5M | $72.2M | $57.4M | $43.1M | $36.2M | $25.2M | $23.3M | $26.0M |
| Intangibles / total assets | 33.4% | 35.5% | 39.4% | 45.6% | 48.2% | 0.7% | 0.2% | 0.1% | 0.0% | 21.9% |
Computed from KMDA's annual financial statements (latest annual report filed March 11, 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.
KMDA valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Kamada traded at 20.4 times earnings, against a 10-year median of 20.4. Based on the latest twelve months, the trailing P/E is 20.4 and the forward P/E is 16.5. Kamada earned a return on equity of 7.6% and a return on invested capital of 11.4% in fiscal 2025. It ended the year with $11.6 million of debt and $75.5 million in cash and short-term investments, a net cash position of $63.9 million. It returned $12.5 million to shareholders: $12.5 million in dividends and $0 in share buybacks, 74% of free cash flow. The share count rose 60.2% from 36.4M to 58.3M over 9 years.
See the KMDA income statement, the KMDA chart for price history, or the KMDA stock overview for the latest quote and news.
KMDA key metrics FAQ
What is Kamada's P/E ratio?
Kamada's trailing P/E ratio is 20.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.5. At the end of fiscal 2025 it was 20.4, compared with a 10-year median of 20.4.
What is Kamada's EV/EBITDA?
Kamada's enterprise value was 8.9 times EBITDA at the end of fiscal 2025 (enterprise value $348.0 million, EBITDA $39.2 million); the current EV/EBITDA is 10.5.
What is Kamada's return on equity?
Kamada's return on equity (ROE) was 7.6% in fiscal 2025: net income of $20.2 million on average shareholders' equity of $264.3 million.
What is Kamada's ROIC?
Kamada's return on invested capital was 11.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Kamada have?
Kamada had total debt of $11.6 million at the end of fiscal 2025, a debt-to-equity ratio of 0.04 and more cash than debt.
What is Kamada's dividend yield?
Kamada's forward dividend yield is 2.19%. Kamada paid $12.5 million in dividends in fiscal 2025 ($0.21 per share), a payout ratio of 61.8%.
What is Kamada's free cash flow yield?
Kamada generated $16.9 million of free cash flow in fiscal 2025, a free cash flow yield of 4.1% on its market value at year-end ($411.9 million).
What is Kamada's current ratio?
Kamada's current ratio was 4.07 at the end of fiscal 2025: current assets were 4.07 times current liabilities.