Kimball International
Market Cap
US$467.0m
Last Updated
2021/01/25 23:16 UTC
Data Sources
Company Financials +
Executive Summary
Kimball International, Inc. designs, manufactures, and sells furniture products under the Kimball, National, Kimball Hospitality, and D’style by Kimball Hospitality brands in the United States and internationally. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 5.7% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet average dividend payer.
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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: KBAL's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-2.0%
KBAL
0.4%
US Commercial Services
2.6%
US Market
1 Year Return
-38.7%
KBAL
6.5%
US Commercial Services
26.0%
US Market
Return vs Industry: KBAL underperformed the US Commercial Services industry which returned 6.5% over the past year.
Return vs Market: KBAL underperformed the US Market which returned 26% over the past year.
Shareholder returns
| KBAL | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | 0.4% | 2.6% |
| 30 Day | 1.2% | -0.5% | 5.1% |
| 90 Day | 20.7% | 7.6% | 17.1% |
| 1 Year | -36.6%-38.7% | 7.9%6.5% | 28.9%26.0% |
| 3 Year | -29.5%-34.3% | 40.0%30.3% | 46.3%36.6% |
| 5 Year | 40.6%26.8% | 128.3%104.4% | 126.9%101.6% |
Long-Term 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
4 days ago | Simply Wall St
How Many Kimball International, Inc. (NASDAQ:KBAL) Shares Do Institutions Own?2 weeks ago | Simply Wall St
Have Insiders Been Buying Kimball International, Inc. (NASDAQ:KBAL) Shares This Year?4 weeks ago | Simply Wall St
What Does Kimball International, Inc.'s (NASDAQ:KBAL) Share Price Indicate?Valuation
Is Kimball International undervalued compared to its fair value and its price relative to the market?
13.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KBAL ($12.55) is trading above our estimate of fair value ($9.74)
Significantly Below Fair Value: KBAL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KBAL is good value based on its PE Ratio (13.2x) compared to the US Commercial Services industry average (26.5x).
PE vs Market: KBAL is good value based on its PE Ratio (13.2x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: KBAL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: KBAL is good value based on its PB Ratio (1.9x) compared to the US Commercial Services industry average (2.3x).
Next Steps
Future Growth
How is Kimball International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-5.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KBAL's earnings are forecast to decline over the next 3 years (-5.7% per year).
Earnings vs Market: KBAL's earnings are forecast to decline over the next 3 years (-5.7% per year).
High Growth Earnings: KBAL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: KBAL's revenue (1.8% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: KBAL's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KBAL's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Kimball International performed over the past 5 years?
13.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KBAL has high quality earnings.
Growing Profit Margin: KBAL's current net profit margins (5.2%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: KBAL's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: KBAL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KBAL had negative earnings growth (-12.1%) over the past year, making it difficult to compare to the Commercial Services industry average (-9%).
Return on Equity
High ROE: KBAL's Return on Equity (14.2%) is considered low.
Next Steps
Financial Health
How is Kimball International's financial position?
Financial Position Analysis
Short Term Liabilities: KBAL's short term assets ($224.6M) exceed its short term liabilities ($98.8M).
Long Term Liabilities: KBAL's short term assets ($224.6M) exceed its long term liabilities ($31.2M).
Debt to Equity History and Analysis
Debt Level: KBAL's debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: KBAL's debt to equity ratio has reduced from 0.2% to 0.04% over the past 5 years.
Debt Coverage: KBAL's debt is well covered by operating cash flow (41927.5%).
Interest Coverage: KBAL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Kimball International current dividend yield, its reliability and sustainability?
2.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KBAL's dividend (2.87%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: KBAL's dividend (2.87%) is low compared to the top 25% of dividend payers in the US market (3.85%).
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 (37.9%), 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
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Kristine Juster (57 yo)
2.17yrs
Tenure
US$2,493,837
Compensation
Ms. Kristine L. Juster serves as Director at Trex Company Inc. since October 1, 2019. She has been the Chief Executive Officer of Kimball International, Inc. since November 1, 2018 and as a Director since ...
CEO Compensation Analysis
Compensation vs Market: Kristine's total compensation ($USD2.49M) is above average for companies of similar size in the US market ($USD1.65M).
Compensation vs Earnings: Kristine's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Director | 2.17yrs | US$2.49m | 0.24% $ 1.1m | |
| Executive VP | 0.92yr | US$751.01k | 0.056% $ 259.3k | |
| Executive VP & Chief Human Resources Officer | 1yr | US$625.47k | 0.29% $ 1.3m | |
| Sr. Director of Corporate Business Practices and Investor Relations | 16.08yrs | US$665.45k | 0.30% $ 1.4m | |
| Executive VP & President of Workplace | 3yrs | US$660.85k | 0.19% $ 884.3k | |
| Chief Financial Officer | 0.25yr | no data | no data | |
| Executive Vice President of Global Operations | 1yr | no data | 0.052% $ 241.0k | |
| Director of Investor Relations | no data | no data | no data | |
| Executive VP of Corporate Development & Treasurer | 6.17yrs | no data | 0.23% $ 1.1m | |
| Director of Marketing & Product | 1.58yrs | no data | no data | |
| Executive VP & President of Hospitality | 3yrs | no data | 0.081% $ 379.5k | |
| Executive VP & President of Health | 1yr | no data | 0.0062% $ 28.8k |
1.6yrs
Average Tenure
55.5yo
Average Age
Experienced Management: KBAL's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Director | 2.17yrs | US$2.49m | 0.24% $ 1.1m | |
| Independent Director | 17.58yrs | US$150.67k | 0.21% $ 959.2k | |
| Independent Director | 6.92yrs | US$151.92k | 0.13% $ 613.9k | |
| Independent Chairman | 2.17yrs | US$226.46k | 0.11% $ 505.8k | |
| Independent Director | 12.42yrs | US$150.67k | 0.17% $ 802.3k | |
| Independent Director | 6.42yrs | US$166.39k | 0.13% $ 589.8k | |
| Independent Director | 0.50yr | no data | 0.013% $ 62.3k | |
| Independent Director | 4.75yrs | US$166.06k | 0.084% $ 394.3k |
5.6yrs
Average Tenure
60.5yo
Average Age
Experienced Board: KBAL's board of directors are considered experienced (5.6 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$467.025m
- Shares outstanding: 36.98m
- Website: https://www.kimballinternational.com
Number of Employees
Location
- Kimball International, Inc.
- 1600 Royal Street
- Jasper
- Indiana
- 47546-2256
- 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, Kimball Hospitality, and D’style by Kimball Hospitality brands in the United States and internat...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 23:16 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/06/30 |
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.