Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. CEO & Director Ric Phillips was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • May 07
Kimball Electronics, Inc. Affirms Earnings Guidance for the Fiscal Year 2026 Kimball Electronics, Inc. affirmed earnings guidance for the Fiscal Year 2026. For the year, the Company's Net sales are expected to be in the range of $1,400 million to $1,460 million. Anuncio • Apr 22
Kimball Electronics, Inc. to Report Q3, 2026 Results on May 05, 2026 Kimball Electronics, Inc. announced that they will report Q3, 2026 results After-Market on May 05, 2026 Anuncio • Feb 05
Kimball Electronics, Inc. Increases Earnings Guidance for the Fiscal Year 2026 Kimball Electronics, Inc. increased earnings guidance for the Fiscal Year 2026. For the year, the Company Net sales are now expected to be in the range of $1,400 - $1,460 million, compared to the previous guidance of $1,350 - $1,450 million. Anuncio • Jan 22
Kimball Electronics, Inc. to Report Q2, 2026 Results on Feb 04, 2026 Kimball Electronics, Inc. announced that they will report Q2, 2026 results After-Market on Feb 04, 2026 Anuncio • Nov 06
Kimball Electronics, Inc. Reiterates Earnings Guidance for the Fiscal Year 2026 Kimball Electronics, Inc. reiterated earnings guidance for the fiscal year 2026. For the year, the Company net sales expected to be in the range of $1,350 million to $1,450 million. Anuncio • Oct 23
Kimball Electronics, Inc. to Report Q1, 2026 Results on Nov 05, 2025 Kimball Electronics, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025 Anuncio • Sep 26
Kimball Electronics, Inc., Annual General Meeting, Nov 14, 2025 Kimball Electronics, Inc., Annual General Meeting, Nov 14, 2025. Location: kimball electronics indianapolis office, 1220 south post road, indianapolis, indiana, United States Anuncio • Aug 14
Kimball Electronics, Inc. Provides Earnings Guidance for the Fiscal Year 2026 Kimball Electronics, Inc. provided earnings guidance for the fiscal year 2026. The company expected net sales of $1,350 - $1,450 million, a 2% to 9% decrease compared to fiscal 2025. Anuncio • Aug 01
Kimball Electronics, Inc. to Report Q4, 2025 Results on Aug 13, 2025 Kimball Electronics, Inc. announced that they will report Q4, 2025 results After-Market on Aug 13, 2025 Anuncio • May 07
Kimball Electronics, Inc. Updates Earnings Guidance for the Fiscal Year 2025 Kimball Electronics, Inc. updated earnings guidance for the fiscal year 2025. For the year, the company expects to be at the high-end of its guidance range for net sales. The range for net sales is $1.40 billion to $1.44 billion. Anuncio • Apr 24
Kimball Electronics, Inc. to Report Q3, 2025 Results on May 06, 2025 Kimball Electronics, Inc. announced that they will report Q3, 2025 results After-Market on May 06, 2025 Anuncio • Feb 05
Kimball Electronics, Inc. Updates Earnings Guidance for the Fiscal Year 2025 Kimball Electronics, Inc. updated earnings guidance for the fiscal year 2025. For the year, the company expects Net sales in the range of $1.40 billion to $1.44 billion compared to the previous guidance of $1.44 billion to $1.54 billion. Anuncio • Jan 22
Kimball Electronics, Inc. to Report Q2, 2025 Results on Feb 04, 2025 Kimball Electronics, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 04, 2025 Buy Or Sell Opportunity • Jan 07
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to €18.20. The fair value is estimated to be €14.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to decline by 9.2% in a year. Earnings are forecast to grow by 82% in the next year. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €19.30, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Electronic industry in Germany. Total loss to shareholders of 12% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €15.09 per share. New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Reported Earnings • Nov 05
First quarter 2025 earnings released: EPS: US$0.13 (vs US$0.43 in 1Q 2024) First quarter 2025 results: EPS: US$0.13 (down from US$0.43 in 1Q 2024). Revenue: US$374.3m (down 15% from 1Q 2024). Net income: US$3.15m (down 71% from 1Q 2024). Profit margin: 0.8% (down from 2.5% in 1Q 2024). Revenue is expected to decline by 2.9% p.a. on average during the next 2 years, while revenues in the Electronic industry in Germany are expected to grow by 11%. Anuncio • Oct 22
Kimball Electronics, Inc. to Report Q1, 2025 Results on Nov 04, 2024 Kimball Electronics, Inc. announced that they will report Q1, 2025 results After-Market on Nov 04, 2024 Anuncio • Sep 27
Kimball Electronics, Inc., Annual General Meeting, Nov 15, 2024 Kimball Electronics, Inc., Annual General Meeting, Nov 15, 2024. Location: kimball electronics headquarters, 1205 kimball blvd, in 47546, jasper United States Reported Earnings • Aug 14
Full year 2024 earnings released: EPS: US$0.82 (vs US$2.24 in FY 2023) Full year 2024 results: EPS: US$0.82 (down from US$2.24 in FY 2023). Revenue: US$1.71b (down 6.0% from FY 2023). Net income: US$20.5m (down 63% from FY 2023). Profit margin: 1.2% (down from 3.1% in FY 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Anuncio • Aug 14
Kimball Electronics, Inc. Provides Earnings Guidance for the Fiscal Year 2025 Kimball Electronics, Inc. provided earnings guidance for the fiscal year 2025. For the year, the company expects Net sales in the range of $1.440 billion - $1.540 billion, an 8% to 14% decline year-over-year when excluding net sales from Automation, Test and Measurement. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €18.30, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Electronic industry in Germany. Total loss to shareholders of 30% over the past year. Anuncio • Aug 02
Averna Test Systems Inc. acquired Kimball Electronics Indiana, Inc. from Kimball Electronics, Inc. (NasdaqGS:KE) for approximately $25 million. Averna Test Systems Inc. acquired Kimball Electronics Indiana, Inc. from Kimball Electronics, Inc. (NasdaqGS:KE) for approximately $25 million on July 31, 2024. Kimball Electronics, Inc. entered into and closed the transaction contemplated by a Stock Purchase Agreement with Averna Test Systems Inc., a subsidiary of Averna Technologies Inc, on July 31, 2024. Pursuant to the Agreement, Averna acquired all of the issued and outstanding capital stock of Kimball Electronics Indiana, Inc. d/b/a Global Equipment Services (GES), the Company’s AT&M subsidiary. The Company’s divestiture of the AT&M business will allow the Company to increase its focus on and support for its EMS operations. Averna paid the Company initial consideration of approximately $24.3 million in cash at closing, consisting of (i) the Unadjusted Purchase Price, plus (ii) the Closing Cash, minus (iii) the Closing Indebtedness, minus (iv) the Closing Transaction Expenses, plus (v) the Net Working Capital Adjustment, with each capitalized term as defined in the Agreement.
Fasken Martineau DuMoulin LLP acted as legal advisor for Averna Technologies Inc. B. Riley Securities, Inc. acted as financial advisor and Douglas A. Hass of Squire Patton Boggs (US) LLP acted as legal advisor to the Sellers.
Averna Test Systems Inc. completed the acquisition of Kimball Electronics Indiana, Inc. from Kimball Electronics, Inc. (NasdaqGS:KE) on July 31, 2024. Anuncio • Jul 31
Kimball Electronics, Inc. to Report Q4, 2024 Results on Aug 13, 2024 Kimball Electronics, Inc. announced that they will report Q4, 2024 results After-Market on Aug 13, 2024 Anuncio • Jul 03
Kimball Electronics, Inc.(NasdaqGS:KE) dropped from Russell 2500 Growth Index Kimball Electronics, Inc.(NasdaqGS:KE) dropped from Russell 2500 Growth Index Anuncio • Jun 05
Kimball Electronics, Inc. Announces the Appointment of Andrew D. Regrut as Treasurer and Investor Relations Officer Kimball Electronics, Inc. announced that it has expanded the role of Andrew D. Regrut, Vice President, Investor Relations, to include Treasury operations. Mr. Regrut, who has led Investor Relations since March 2021, will serve as Treasurer and Investor Relations Officer effective June 1, 2024. Anuncio • May 09
Kimball Electronics, Inc. Updates Earnings Guidance for the for Fiscal Year 2024 Kimball Electronics, Inc. updated earnings guidance for the for Fiscal Year 2024. For the period, the company's net sales are expected to decline 4% to 6%, compared to the previous estimate of a 2% to 4% decrease. Reported Earnings • May 08
Third quarter 2024 earnings released: US$0.24 loss per share (vs US$0.66 profit in 3Q 2023) Third quarter 2024 results: US$0.24 loss per share (down from US$0.66 profit in 3Q 2023). Revenue: US$425.0m (down 12% from 3Q 2023). Net loss: US$6.08m (down 137% from profit in 3Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Anuncio • Apr 26
Kimball Electronics, Inc. to Report Q3, 2024 Results on May 07, 2024 Kimball Electronics, Inc. announced that they will report Q3, 2024 results After-Market on May 07, 2024 Anuncio • Feb 06
Kimball Electronics, Inc. Revises Earnings Guidance for the Fiscal Year 2024 Kimball Electronics, Inc. revised earnings guidance for the fiscal year 2024. The company updated its guidance for fiscal year 2024 with net sales expected to decline 2% to 4%, compared to fiscal year 2023. As a reminder, the previous guidance was an estimate of net sales flat with the prior year. Operating income is now expected to be in the range of 4.2% to 4.6% of net sales, compared to the prior estimate of flat with fiscal 2023. Reported Earnings • Feb 06
Second quarter 2024 earnings released: EPS: US$0.33 (vs US$0.43 in 2Q 2023) Second quarter 2024 results: EPS: US$0.33 (down from US$0.43 in 2Q 2023). Revenue: US$421.2m (down 3.5% from 2Q 2023). Net income: US$8.29m (down 23% from 2Q 2023). Profit margin: 2.0% (down from 2.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Electronic industry in Germany. Anuncio • Jan 23
Kimball Electronics, Inc. to Report Q2, 2024 Results on Feb 05, 2024 Kimball Electronics, Inc. announced that they will report Q2, 2024 results After-Market on Feb 05, 2024 Buying Opportunity • Dec 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.6%. The fair value is estimated to be €29.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 1.0% in a year. Earnings is forecast to decline by 5.9% in the next year. Buying Opportunity • Nov 09
Now 30% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €30.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 1.0% in a year. Earnings is forecast to decline by 5.9% in the next year. Reported Earnings • Nov 08
First quarter 2024 earnings released: EPS: US$0.43 (vs US$0.38 in 1Q 2023) First quarter 2024 results: EPS: US$0.43 (up from US$0.38 in 1Q 2023). Revenue: US$438.1m (up 7.9% from 1Q 2023). Net income: US$10.8m (up 13% from 1Q 2023). Profit margin: 2.5% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Anuncio • Nov 07
Kimball Electronics, Inc. Updates Earnings Guidance for Fiscal 2024 Kimball Electronics, Inc. updated earnings guidance for fiscal 2024. For the period, Net sales are now expected to be flat with the prior year, compared to the previous estimate of a 4% to 7% increase. Operating income is also estimated to be in line with fiscal 2023, compared to the previous guidance range of 4.7% to 5.2% of net sales. Anuncio • Oct 24
Kimball Electronics, Inc. to Report Q1, 2024 Results on Nov 06, 2023 Kimball Electronics, Inc. announced that they will report Q1, 2024 results After-Market on Nov 06, 2023 Anuncio • Sep 29
Kimball Electronics, Inc., Annual General Meeting, Nov 17, 2023 Kimball Electronics, Inc., Annual General Meeting, Nov 17, 2023, at 10:00 US Eastern Standard Time. Location: 1205 Kimball Boulevard Jasper Indiana United States Agenda: To elect three (3) directors of the Company; to approve the Kimball Electronics, Inc. 2023 Equity Incentive Plan; to ratify the selection of the Company’s independent registered public accounting firm for fiscal year 2024; and to approve, by a non-binding, advisory vote, the compensation paid to the Company’s Named Executive Officers. New Risk • Aug 20
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (24% accrual ratio). Anuncio • Aug 17
Kimball Electronics, Inc. Provides Earnings Guidance for the Fiscal Year 2024 Kimball Electronics, Inc. provided earnings guidance for the Fiscal Year 2024. For the period, the company expects Net sales in the range of $1.9 to $1.95 billion, a 4% to 7% increase year-over-year. The company expects operating income in the range of 4.7% to 5.2% of net sales. Reported Earnings • Aug 17
Full year 2023 earnings released: EPS: US$2.24 (vs US$1.24 in FY 2022) Full year 2023 results: EPS: US$2.24 (up from US$1.24 in FY 2022). Revenue: US$1.82b (up 35% from FY 2022). Net income: US$55.8m (up 79% from FY 2022). Profit margin: 3.1% (up from 2.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Anuncio • Aug 04
Kimball Electronics, Inc. to Report Q4, 2023 Results on Aug 16, 2023 Kimball Electronics, Inc. announced that they will report Q4, 2023 results After-Market on Aug 16, 2023 Reported Earnings • May 07
Third quarter 2023 earnings released: EPS: US$0.66 (vs US$0.54 in 3Q 2022) Third quarter 2023 results: EPS: US$0.66 (up from US$0.54 in 3Q 2022). Revenue: US$484.7m (up 32% from 3Q 2022). Net income: US$16.4m (up 20% from 3Q 2022). Profit margin: 3.4% (down from 3.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Germany. Anuncio • May 05
Kimball Electronics, Inc. Provides Earnings Guidance for Fiscal Year 2023 Kimball Electronics, Inc. provided earnings guidance for fiscal year 2023. For the period, the company expects net sales in the range of $1.7- $1.8 billion, a 26% - 33% increase compared to the prior year. Anuncio • Feb 08
Kimball Electronics, Inc. Revises Earnings Guidance for the Fiscal 2023 Kimball Electronics, Inc. revised earnings guidance for the fiscal 2023. For the year, the company raised its guidance for net sales to a range of $1.7 billion to $1.8 billion, a 26% - 33% increase compared to the prior year. As a reminder, the original guidance for Net Sales were in the range of $1.6 billion to $1.7 billion. Operating margin is expected to be at the mid-to-upper end of the guidance range of 4.6% - 5.2% of net sales. Reported Earnings • Feb 07
Second quarter 2023 earnings released: EPS: US$0.43 (vs US$0.20 in 2Q 2022) Second quarter 2023 results: EPS: US$0.43 (up from US$0.20 in 2Q 2022). Revenue: US$436.7m (up 39% from 2Q 2022). Net income: US$10.7m (up 110% from 2Q 2022). Profit margin: 2.5% (up from 1.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Anuncio • Jan 25
Kimball Electronics, Inc. to Report Q2, 2023 Results on Feb 06, 2023 Kimball Electronics, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 06, 2023 Board Change • Dec 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Tom Vadaketh was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
First quarter 2023 earnings released: EPS: US$0.38 (vs US$0.10 in 1Q 2022) First quarter 2023 results: EPS: US$0.38 (up from US$0.10 in 1Q 2022). Revenue: US$405.9m (up 39% from 1Q 2022). Net income: US$9.51m (up 271% from 1Q 2022). Profit margin: 2.3% (up from 0.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Anuncio • Nov 08
Kimball Electronics, Inc. Affirms Earnings Guidance for the Fiscal Year 2023 Kimball Electronics, Inc. affirmed earnings guidance for the fiscal year 2023. For the year, net sales in the range of $1.6 billion to $1.7 billion, a 19% to 26% increase year-over-year and operating income in the range of 4.6% to 5.2% of net sales. Anuncio • Oct 25
Kimball Electronics, Inc. to Report Q1, 2023 Results on Nov 07, 2022 Kimball Electronics, Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2022 Anuncio • Sep 30
Kimball Electronics, Inc., Annual General Meeting, Nov 11, 2022 Kimball Electronics, Inc., Annual General Meeting, Nov 11, 2022, at 09:00 Eastern Standard Time. Location: 1205 Kimball Boulevard, Jasper Indiana United States Agenda: To to elect three directors of the company; to ratify the selection of the company’s independent registered public accounting firm for fiscal year 2023; and to approve, by a non-binding, advisory vote, the compensation paid to the company’s named executive officers. Anuncio • Sep 16
Kimball Electronics, Inc. Announces Appointment of Tom Vadaketh as Additional Director Kimball Electronics, Inc. announcef the expansion of its Board of Directors and appointment of a new director at its regularly scheduled Board Meeting on September 13, 2022. Tom Vadaketh was selected to the Company’s Board of Directors, effective as of the September meeting. Mr. Vadaketh will serve on the Audit Committee and will stand for election to a full term at the 2022 Annual Meeting of Share Owners in November. Mr. Vadaketh serves as Chief Financial Officer of Bausch Health, which develops, manufactures, and markets pharmaceuticals, over-the-counter products, and medical devices globally, primarily in the therapeutic areas of eye-health, gastroenterology, and dermatology. Prior to joining Bausch Health in January 2022, Mr. Vadaketh served as Executive Vice President and Chief Financial Officer of eResearch Technology, Inc. from September 2018 to December 2021, where he was responsible for leading the Finance function including controllership, treasury, taxation, and financial planning. Prior to that, he was Executive Vice President and Chief Financial Officer of Cambrex Corporation. In addition, Mr. Vadaketh spent over 20 years at Procter & Gamble and Tyco International, where he held several roles of increasing responsibility at both companies. Mr. Vadaketh received a degree from the Institute of Chartered Accountants in England and Wales (ACA) and an M.B.A. from Manchester Business School. He is a Certified Public Accountant. Anuncio • Aug 06
Kimball Electronics, Inc. Provides Earnings Guidance for the Fiscal Year 2023 Kimball Electronics, Inc. provided earnings guidance for the Fiscal Year 2023. For the year, company expects Net sales in the range of $1.6 billion- $1.7 billion, a 19% - 26% increase year-over-year and Operating income in the range of 4.6% - 5.2% of net sales. Reported Earnings • Aug 05
Full year 2022 earnings released: EPS: US$1.24 (vs US$2.26 in FY 2021) Full year 2022 results: EPS: US$1.24 (down from US$2.26 in FY 2021). Revenue: US$1.35b (up 4.5% from FY 2021). Net income: US$31.3m (down 45% from FY 2021). Profit margin: 2.3% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 21% growth forecast for the industry in Germany. Anuncio • Jul 22
Kimball Electronics, Inc. to Report Q4, 2022 Results on Aug 04, 2022 Kimball Electronics, Inc. announced that they will report Q4, 2022 results After-Market on Aug 04, 2022