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$Kadant (KAI.US)$Over the past 5 years, revenue has only dec...

$Kadant (KAI.US)$Over the past 5 years, revenue has only declined 10% in 2020, and the remaining 4 years have continued to grow. Operating profit is similar. The average growth rate for the past 5 years was 9.7%, the average growth rate for the past 3 years was 10.6%, the average growth rate of net profit was 12.8% in the past 5 years, the average growth rate of 10.3% in the past 3 years, the average growth rate of net profit in the past 5 years was 21%, and the average growth rate for the past 3 years was 11.6%.
In the first three quarters of 2023, revenue increased by 18.4%, operating profit increased 32%, and net profit increased 58% to 95 million dollars.
Currently, the price-earnings ratio is 29, and the price-earnings ratio TTM has dropped to 20.4. The valuation is within a reasonable range and is not very attractive.
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