KEMET Corporation manufactures and sells passive electronic components under the KEMET brand worldwide.
Excellent balance sheet with acceptable track record.
Share Price & News
How has KEMET's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KM1N has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KM1N exceeded the German Electronic industry which returned 13.4% over the past year.
Return vs Market: KM1N exceeded the German Market which returned 15.1% over the past year.
Price Volatility Vs. Market
How volatile is KEMET's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is KEMET undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KM1N (€24) is trading above our estimate of fair value (€8.46)
Significantly Below Fair Value: KM1N is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KM1N is good value based on its PE Ratio (11.4x) compared to the Electronic industry average (34.4x).
PE vs Market: KM1N is good value based on its PE Ratio (11.4x) compared to the German market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: KM1N's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: KM1N is overvalued based on its PB Ratio (2.2x) compared to the DE Electronic industry average (1.8x).
How is KEMET forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KM1N's earnings are forecast to decline over the next 3 years (-21% per year).
Earnings vs Market: KM1N's earnings are forecast to decline over the next 3 years (-21% per year).
High Growth Earnings: KM1N's earnings are forecast to decline over the next 3 years.
Revenue vs Market: KM1N's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: KM1N's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KM1N's Return on Equity is forecast to be high in 3 years time
How has KEMET performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KM1N has a high level of non-cash earnings.
Growing Profit Margin: KM1N's current net profit margins (10.2%) are higher than last year (8.6%).
Past Earnings Growth Analysis
Earnings Trend: KM1N has become profitable over the past 5 years, growing earnings by 47.5% per year.
Accelerating Growth: KM1N's earnings growth over the past year (17%) is below its 5-year average (47.5% per year).
Earnings vs Industry: KM1N earnings growth over the past year (17%) exceeded the Electronic industry -3.9%.
Return on Equity
High ROE: KM1N's Return on Equity (19.7%) is considered low.
Return on Assets
Return on Capital Employed
How is KEMET's financial position?
Financial Position Analysis
Short Term Liabilities: KM1N's short term assets ($655.6M) exceed its short term liabilities ($275.5M).
Long Term Liabilities: KM1N's short term assets ($655.6M) exceed its long term liabilities ($449.6M).
Debt to Equity History and Analysis
Debt Level: KM1N's debt to equity ratio (45.9%) is considered high.
Reducing Debt: KM1N's debt to equity ratio has reduced from 187.8% to 45.9% over the past 5 years.
Debt Coverage: KM1N's debt is well covered by operating cash flow (44.3%).
Interest Coverage: KM1N's interest payments on its debt are well covered by EBIT (29.7x coverage).
Inventory Level: KM1N has a high level of physical assets or inventory.
Debt Coverage by Assets: KM1N's debt is covered by short term assets (assets are 2.1x debt).
What is KEMET's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate KM1N's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate KM1N's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KM1N's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KM1N's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: KM1N is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KM1N's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Lowe (66yo)
Mr. William M. Lowe, Jr., also known as Bill, has been Chief Executive Officer and Director of KEMET Corporation since December 19, 2018. Mr. Lowe served as the Chief Financial Officer and Executive Vice P ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD3.59M) is above average for companies of similar size in the German market ($USD1.49M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
|CEO & Director||1.2yrs||US$3.59m||0.32% $4.6m|
|Executive VP & CFO||1.2yrs||US$3.06m||0.047% $665.8k|
|Senior Vice President of Global Sales & Marketing||0yrs||US$1.10m||0.25% $3.5m|
|Senior VP & Chief HR Officer||5.8yrs||US$2.74m||0.071% $998.8k|
|Executive Vice President of Solid Capacitors-Tantalum||12.3yrs||US$1.69m||0.12% $1.7m|
|Senior VP & CTO||6yrs||US$681.25k||no data|
|Chief Information Officer & VP||8.2yrs||no data||no data|
|Vice President of Corporate Communications & Investor Relations||0yrs||no data||no data|
|Senior VP||11.6yrs||US$1.04m||0.096% $1.4m|
|Senior VP of Quality||11.2yrs||no data||no data|
Experienced Management: KM1N's management team is seasoned and experienced (7.1 years average tenure).
|CEO & Director||1.2yrs||US$3.59m||0.32% $4.6m|
|Independent Director||13.8yrs||US$345.00k||no data|
|Independent Director||13.6yrs||US$345.00k||0.021% $303.8k|
|Independent Director||27.8yrs||US$345.00k||0.021% $293.9k|
|Independent Chairman of the Board||14.9yrs||US$360.00k||no data|
|Independent Director||11.9yrs||US$345.00k||0.014% $202.4k|
|Independent Director||8.3yrs||US$330.00k||0.00017% $2.4k|
|Independent Director||1.8yrs||US$280.80k||0.00017% $2.4k|
|Independent Director||2.7yrs||US$325.00k||0.00017% $2.4k|
Experienced Board: KM1N's board of directors are seasoned and experienced ( 11.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
KEMET Corporation's company bio, employee growth, exchange listings and data sources
- Name: KEMET Corporation
- Ticker: KM1N
- Exchange: DB
- Founded: 1919
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$1.528b
- Listing Market Cap: US$1.416b
- Shares outstanding: 58.27m
- Website: https://www.kemet.com
Number of Employees
- KEMET Corporation
- KEMET Tower
- One East Broward Boulevard
- Fort Lauderdale
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KEM||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Oct 1992|
|KM1N||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1992|
KEMET Corporation manufactures and sells passive electronic components under the KEMET brand worldwide. The company operates in three segments: Solid Capacitors; Film and Electrolytic; and Electro-Magnetic, Sensors, and Actuators. It offers tantalum, aluminum polymer, and ceramic capacitors; film, paper, and wet aluminum electrolytic capacitors; electromagnetic interference filters; and electro-magnetic compatible materials and devices, piezo materials and actuators, and various types of sensors. The company serves electronics original equipment manufacturers, electronics manufacturing services providers, and distributors in various industries, including automotive, communications, computer-related, industrial, consumer, military/aerospace, and alternative energy. It sells its products through direct sales force and independent sales representatives. KEMET Corporation was founded in 1919 and is headquartered in Fort Lauderdale, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 21:46|
|End of Day Share Price||2020/02/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.