Kennametal (FRA:KM3) Total Inventories: €646 Mil (As of Mar. 2026)


FRA:KM3 Kennametal Inc FRA:KM3
84 GF Score
Price €31.80
GF Value €23.98
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Kennametal Total Inventories?

Kennametal FRA:KM3 +6.00% 84 Total Inventories is €646 Mil as of Mar. 2026. GuruFocus rates FRA:KM3 with a GF Score™ of 84/100 and a GF Value™ of €23.98 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Kennametal's total inventories for the quarter that ended in Mar. 2026 was €646 Mil. Kennametal's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €589 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kennametal's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-7.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kennametal's Days Inventory for the three months ended in Mar. 2026 was 161.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kennametal's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.57.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Kennametal's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.15.


Kennametal  (FRA:KM3) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Kennametal's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(92.425+0.75 * 289.281+0.5 * 646.454-1152.504
-0-37.747)/76.209
=-7.32

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Kennametal's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=588.787/332.685*365 / 4
=161.49

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Kennametal's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=332.685 / 588.787
=0.57

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Kennametal's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=588.787 / 512.586
=1.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Kennametal Total Inventories Related Terms


Kennametal Total Inventories Historical Data

* Premium members only.

The historical data trend for Kennametal's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kennametal Total Inventories Chart

Kennametal Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 395.37 540.01 514.69 478.09 466.65

Kennametal Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 514.29 466.65 481.55 531.12 646.45
FRA:KM3
84GF Score
Kennametal Inc FRA:KM3
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Kennametal Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €646 Mil mean?
Kennametal (FRA:KM3) has a Total Inventories of €646 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Kennametal and its competitors.
Is Kennametal's Total Inventories too high?
Kennametal's current Total Inventories is €646 Mil. Overall, Kennametal has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kennametal's Total Inventories compare to HLMN and QEPC?
Kennametal's Total Inventories of €646 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Industrial Products company?
A good Total Inventories depends on the Industrial Products industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Kennametal and its competitors. Kennametal's current Total Inventories is €646 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kennametal stock overvalued right now?
Based on GuruFocus' analysis, Kennametal (FRA:KM3) is currently considered Significantly Overvalued. The stock's GF Value™ is €23.98, compared to a current price of €31.80 — trading 32.6% above its estimated fair value. The current Total Inventories is €646 Mil. Kennametal's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Kennametal (FRA:KM3), the current Total Inventories is €646 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kennametal (FRA:KM3) Overvalued in 2026?

Based on GuruFocus' analysis, Kennametal stock appears to be overvalued. The current stock price of €31.80 is trading 32.6% above its estimated GF Value™ of €23.98. GuruFocus considers Kennametal to be Significantly Overvalued.

Key valuation signals for FRA:KM3:

  • Total Inventories: €646 Mil
  • GF Value™: €23.98 vs. price of €31.80 (32.6% above fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the FRA:KM3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kennametal Business Description

Other Exchanges KMT:USAKM3:Germany
Address 525 William Penn Place, Suite 3300, Pittsburgh, PA, USA, 15219
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. The Metal Cutting segment develops and manufactures high-performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.
84GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€31.80
Price
€23.98
GF Value