Eastman Kodak Company

Eastman Kodak Company

KODKยทNYSE

$9.82

-0.20%
TechnologyHardware, Equipment & Parts

Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. The company operates through Traditional Printing, Digital Printing, Advanced Materials and Chemicals, and Brand. The Traditional Printing segment offers digital offset plate and computer-to-plate imaging solutions to commercial industries, including commercial print, direct mail, book publishing, newspapers and magazines, and packaging. The Digital Printing segment provides electrophotographic printing solutions, such as The ASCEND and NEXFINITY printers; prosper products, including the PROSPER 6000 Press, PROSPER Writing Systems, PROSPER press systems, and PROSPER components; versamark products; and PRINERGY workflow production software. The Advanced Materials and Chemicals segment engages in industrial film and chemicals, motion picture, and advanced materials and functional printing businesses. This segment also comprises the Kodak Research Laboratories, which conducts research, develops new product or new business opportunities, and files patent applications for its inventions and innovations, as well as manages licensing of its intellectual property to third parties. The Brand segment engages in the licensing of Kodak brand to third parties. The company engages in the operation of Eastman Business Park, a technology center and industrial complex. It sells its products and services through direct sales, third party resellers, dealers, channel partners, and distributors. Eastman Kodak Company was founded in 1880 and is headquartered in Rochester, New York.

At a Glance

Live Snapshot
Market Cap$958.43M
EPS-1.7800
P/E Ratio-5.52
Earnings Date08/11/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -5.5).

Valuation inputs: P/E -5.5, earnings yield N/A, momentum -0.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -17.9%, ROIC +1.8%).

Profitability stack: net margin -12.0%, ROE -17.9%, ROIC +1.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +57.0%, momentum -0.2%, net margin -12.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

kodk

Eastman Kodak Company Market vs Earnings Trajectory

KODK ยท NYSE

Loading price and EPS data...

Eastman Kodak Company

Eastman Kodak Company Fair Value Envelope

KODK ยท NYSE

Our analysis suggests that KODK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.82, this represents a potential HIDDEN relative to our calculated worth for Eastman Kodak Company.

Intrinsic Value
Current Price: $9.82
3Y-1212.0%
5Y-82.0%
10Y-736.0%
3Y-11.0%
5Y+4.0%
10Y-35.0%
3Y-592.0%
5Y-76.0%
10Y-953.0%
3Y-514.0%
5Y-1471.0%
10Y-3792.0%
3Y-403.0%
5Y-958.0%
10Y-926.0%
3Y-27.0%
5Y+33.0%
10Y-7.0%
Eastman Kodak Company

Eastman Kodak Company Profit Bridge

KODK ยท NYSE
Revenue1.07B
Cost of Goods Sold (837.00M)
Gross Profit232.00M
Operating Expenses (207.00M)
Operating Income25.00M
Interest Expense (62.00M)
Other Income/Expense-137.00M
Pretax Income-112.00M
Income Tax (16.00M)
Net Income-128.00M
Net Income
-128.00M

Profitability Analysis

Gross Margin

21.7%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

2.3%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-12.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Non-operating losses: Core business is profitable but other expenses (interest, taxes, one-time items) are driving net losses. Review capital structure and non-operating items.

21.70%
Gross Profit Margin
12%
3Y+51.0%
5Y+65.0%
10Y-12.0%
2.34%
Operating Profit Margin
-448%
3Y-208.0%
5Y-133.0%
10Y-66.0%
-11.97%
Net Profit Margin
-222%
3Y-655.0%
5Y-77.0%
10Y-1411.0%
-17.95%
Return on Equity
-251%
3Y-959.0%
5Y-91.0%
10Y-199.0%
-7.72%
Return on Assets
-252%
3Y-779.0%
5Y-82.0%
10Y-1015.0%
1.78%
Return on Invested Capital
-582%
3Y-264.0%
5Y-123.0%
10Y-39.0%
KODK

Eastman Kodak Company Cash Conversion Engine

KODK ยท NYSE
Net Income-128.00M
Depreciation & Amortization29.00M
Stock-Based Compensation5.00M
Change in Working Capital-1.00M
Others572.00M
Capital Expenditures-34.00M
Free Cash Flow446.00M

Cash Flow Quality Analysis

FCF Conversion Rate

-348.4%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

7.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+807.9%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$1.00M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

kodk

Eastman Kodak Company Funding & Solvency Profile

KODK ยท NYSE
Cash & Cash Equivalents299.00M
Net Receivables135.00M
Inventory255.00M
Other Current Assets104.00M
Total Current Assets793 M
Property, Plant & Equipment241.00M
Goodwill & Intangible Assets29.00M
Long-Term Investments0.00
Other Non-Current Assets494.00M
Total Non-Current Assets735 M
Total Assets
1.56B

Financial Health Analysis

Current Ratio

2.53x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

1.32x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

479 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

51% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

kodk

Eastman Kodak Company Street Expectations Map

KODK ยท NYSE

No Target Data

No analyst price targets available for kodk.

kodk

Eastman Kodak Company Insider Positioning

KODK ยท NYSE

During the last 12 months, insiders have purchased $125.00M and sold $158K worth of KODK shares, resulting in $124.84M of net buying activity.

3 Months

Bought

2.0K

20.60K

Sold

0

0.00

Net Activity

+21K

+$21K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

5.0K

36.75K

Sold

19.7K

157.95K

Net Activity

-121K

-$121K

9-12 Months

Bought

15.2M

124.94M

Sold

0

0.00

Net Activity

+124.9M

+$124.94M

Top Buyers

1
GEVIL

Go Ek Ventures Iv, Llc

10 Percent Owner

15.1M sharesโ€ข1 transactions

$124.60M

2
CJV

Continenza James V

Director, Officer: Executive Chairman And Ceo

50.0K sharesโ€ข1 transactions

$287K

3
KPD

Katz Philippe D

Director, 10 Percent Owner:

17.0K sharesโ€ข3 transactions

$114K

Top Sellers

1
BRW

Byrd Roger W.

Officer: General Counsel, Sec., Svp

19.7K sharesโ€ข1 transactions

$158K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $124.84M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

791.39:1

Exceptional buy/sell ratio. Buying dramatically outweighs sellingโ€”one of the strongest possible insider signals.

Recent Trend (3 Months)

$21K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

3 insider buyers vs. 1 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Strong confluence of bullish signals: High buy/sell ratio, multiple insiders participating, and recent buying momentum all point to significant insider confidence. This level of coordinated buying often precedes positive developments.

0.00%
Dividend Yield
3Y-100.0%
5Y-100.0%
10Y-
ย 

kodk Dividend History

KODK
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%