Kimball International
Market Cap
US$757.0m
Last Updated
2020/01/22 23:40 UTC
Data Sources
Company Financials
Executive Summary
Kimball International, Inc. designs, manufactures, and sells furniture products under the Kimball, National, and Kimball Hospitality brands in the United States and internationally.
Rewards
Risk Analysis
No risks detected for KBAL from our risk checks.
Snowflake Analysis
Flawless balance sheet with proven track record and pays a dividend.
Similar Companies
Share Price & News
How has Kimball International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KBAL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.2%
KBAL
0.9%
US Commercial Services
0.6%
US Market
1 Year Return
45.2%
KBAL
24.5%
US Commercial Services
24.6%
US Market
Return vs Industry: KBAL exceeded the US Commercial Services industry which returned 23.7% over the past year.
Return vs Market: KBAL exceeded the US Market which returned 24.7% over the past year.
Shareholder returns
| KBAL | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.2% | 0.9% | 0.6% |
| 30 Day | -0.9% | 4.1% | 3.0% |
| 90 Day | 0.4% | 5.4% | 10.6% |
| 1 Year | 48.0%45.2% | 29.1%24.5% | 27.3%24.6% |
| 3 Year | 24.0%17.7% | 64.4%53.7% | 50.5%40.8% |
| 5 Year | 141.2%120.6% | 110.4%89.0% | 78.9%59.1% |
Price Volatility Vs. Market
How volatile is Kimball International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Kind Of Share Price Volatility Should You Expect For Kimball International, Inc. (NASDAQ:KBAL)?3 weeks ago | Simply Wall St
Can Kimball International, Inc.'s (NASDAQ:KBAL) ROE Continue To Surpass The Industry Average?1 month ago | Simply Wall St
What Kind Of Shareholder Appears On The Kimball International, Inc.'s (NASDAQ:KBAL) Shareholder Register?Valuation
Is Kimball International undervalued compared to its fair value and its price relative to the market?
41.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KBAL ($20.74) is trading below our estimate of fair value ($34.8)
Significantly Below Fair Value: KBAL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KBAL is good value based on its PE Ratio (19.2x) compared to the Commercial Services industry average (26.4x).
PE vs Market: KBAL is poor value based on its PE Ratio (19.2x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KBAL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KBAL is overvalued based on its PB Ratio (3.4x) compared to the US Commercial Services industry average (2.1x).
Next Steps
Future Growth
How is Kimball International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.9%
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kimball International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Kimball International is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Commercial Services industry.
Past Performance
How has Kimball International performed over the past 5 years?
28.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KBAL has high quality earnings.
Growing Profit Margin: KBAL's current net profit margins (5.1%) are higher than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: KBAL's earnings have grown significantly by 28.2% per year over the past 5 years.
Accelerating Growth: KBAL's earnings growth over the past year (16%) is below its 5-year average (28.2% per year).
Earnings vs Industry: KBAL earnings growth over the past year (16%) exceeded the Commercial Services industry -1.3%.
Return on Equity
High ROE: KBAL's Return on Equity (17.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Kimball International's financial position?
Financial Position Analysis
Short Term Liabilities: KBAL's short term assets ($226.0M) exceed its short term liabilities ($124.9M).
Long Term Liabilities: KBAL's short term assets ($226.0M) exceed its long term liabilities ($32.8M).
Debt to Equity History and Analysis
Debt Level: KBAL's debt to equity ratio (0.06%) is considered satisfactory.
Reducing Debt: KBAL's debt to equity ratio has reduced from 0.06% to 0.06% over the past 5 years.
Debt Coverage: KBAL's debt is well covered by operating cash flow (50663.2%).
Interest Coverage: KBAL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: KBAL has a high level of physical assets or inventory.
Debt Coverage by Assets: KBAL's debt is covered by short term assets (assets are 1661.6x debt).
Next Steps
Dividend
What is Kimball International's current dividend yield, its reliability and sustainability?
1.76%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: KBAL's dividend (1.74%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: KBAL's dividend (1.74%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: KBAL's dividends per share have been stable in the past 10 years.
Growing Dividend: KBAL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.5%), KBAL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Kimball International's salary, the management and board of directors tenure and is there insider trading?
3.9yrs
Average management tenure
CEO
Kristine Juster (56yo)
1.2yrs
Tenure
US$5,419,094
Compensation
Ms. Kristine L. Juster serves as Director at Trex Company Inc. since October 1, 2019. She has been the Chief Executive Officer of Kimball International, Inc. since November 1, 2018 and as a Director since ...
CEO Compensation Analysis
Compensation vs Market: Kristine's total compensation ($USD5.42M) is above average for companies of similar size in the US market ($USD2.53M).
Compensation vs Earnings: Kristine's compensation has increased by more than 20% in the past year.
Management Age and Tenure
3.9yrs
Average Tenure
54.5yo
Average Age
Experienced Management: KBAL's management team is considered experienced (3.9 years average tenure).
Board Age and Tenure
5.4yrs
Average Tenure
60yo
Average Age
Experienced Board: KBAL's board of directors are considered experienced (5.4 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Michelle Schroeder (54yo)
VP & CFO
- Tenure: 5.2yrs
- Compensation: US$875.83k
Greg Kincer (61yo)
Vice President of Corporate Development
- Tenure: 5.2yrs
Kristine Juster (56yo)
CEO & Non-Independent Director
- Tenure: 1.2yrs
- Compensation: US$5.42m
Kourtney Smith (49yo)
VP & President of National Office Furniture
- Compensation: US$820.58k
Lonnie Nicholson (55yo)
VP & Chief Administrative Officer
- Tenure: 4.9yrs
- Compensation: US$958.96k
Julia E. Cassidy (54yo)
VP, General Counsel
- Tenure: 2.9yrs
Darren Gress
Corporate Controller
Dennis Gerber
Director of Investor Relations & Treasurer
Wendy Murray
Director of Marketing & Product
- Tenure: 0.6yrs
Board Members
Geoffrey Stringer (76yo)
Independent Director
- Tenure: 16.6yrs
- Compensation: US$144.93k
Tim Jahnke (59yo)
Independent Director
- Tenure: 5.9yrs
- Compensation: US$144.72k
Kim Ryan (52yo)
Independent Chairman
- Tenure: 1.2yrs
- Compensation: US$191.51k
Kristine Juster (56yo)
CEO & Non-Independent Director
- Tenure: 1.2yrs
- Compensation: US$5.42m
Tom Tischhauser (61yo)
Independent Director
- Tenure: 11.4yrs
- Compensation: US$141.59k
Pat Connolly (60yo)
Independent Director
- Tenure: 5.4yrs
- Compensation: US$154.68k
Susan Frampton (61yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$151.53k
Company Information
Kimball International, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kimball International, Inc.
- Ticker: KBAL
- Exchange: NasdaqGS
- Founded: 1939
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: US$756.964m
- Shares outstanding: 36.94m
- Website: https://www.kimballinternational.com
Number of Employees
Location
- Kimball International, Inc.
- 1600 Royal Street
- Jasper
- Indiana
- 47549
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KBAL | NasdaqGS (Nasdaq Global Select) | Yes | Class B Common Stock | US | USD | Jan 1980 |
| KB1B | DB (Deutsche Boerse AG) | Yes | Class B Common Stock | DE | EUR | Jan 1980 |
Biography
Kimball International, Inc. designs, manufactures, and sells furniture products under the Kimball, National, and Kimball Hospitality brands in the United States and internationally. The company offers office furniture, including desks, tables, seating, bookcases, and filing and storage units for federal, state, and local government offices, as well as other government related entities; and furniture solutions, such as headboards, tables, seating, vanities, casegoods, lighting, and other products for hotel properties, and commercial and residential mixed use developments. Its furniture solutions are used in collaborative and open work space areas, conference and meeting/huddle rooms, training rooms, private offices, learning areas, classrooms, lobby/reception areas, and dining/café areas with a mix of wood, metal, laminate, paint, fabric, solid surface, and plastic options. In addition, the company offers patient/exam room and lounge seating, and casegoods for the healthcare market. It markets and sells its products through sales representatives, office furniture dealers, wholesalers, brokers, designers, purchasing companies, and catalog houses to end users. The company was formerly known as The Jasper Corporation and changed its name to Kimball International, Inc. in July 1974. Kimball International, Inc. was incorporated in 1939 and is headquartered in Jasper, Indiana.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/22 23:40 |
| End of Day Share Price | 2020/01/22 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/06/30 |
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.