NasdaqGS:KBAL

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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


Snowflake Analysis

Flawless balance sheet established 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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.7%

KBAL

0.9%

US Commercial Services

2.3%

US Market


1 Year Return

-44.6%

KBAL

7.8%

US Commercial Services

17.2%

US Market

Return vs Industry: KBAL underperformed the US Commercial Services industry which returned 7.8% over the past year.

Return vs Market: KBAL underperformed the US Market which returned 17.2% over the past year.


Shareholder returns

KBALIndustryMarket
7 Day-0.7%0.9%2.3%
30 Day-6.0%-1.3%-4.6%
90 Day-6.9%14.3%7.4%
1 Year-42.9%-44.6%9.5%7.8%19.8%17.2%
3 Year-44.4%-48.0%44.3%35.0%37.4%28.3%
5 Year12.5%1.6%104.9%84.4%83.8%63.0%

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

Valuation

Is Kimball International undervalued compared to its fair value and its price relative to the market?

11.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KBAL ($10.54) is trading below our estimate of fair value ($11.93)

Significantly Below Fair Value: KBAL is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: KBAL is good value based on its PE Ratio (9.5x) compared to the US Commercial Services industry average (27.3x).

PE vs Market: KBAL is good value based on its PE Ratio (9.5x) compared to the US market (17.9x).


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 overvalued based on its PB Ratio (1.6x) compared to the US Commercial Services industry average (1.5x).


Next Steps

Future Growth

How is Kimball International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-19.0%

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 (-19% per year).

Earnings vs Market: KBAL's earnings are forecast to decline over the next 3 years (-19% per year).

High Growth Earnings: KBAL's earnings are forecast to decline over the next 3 years.

Revenue vs Market: KBAL's revenue is expected to decline over the next 3 years (-8.2% per year).

High Growth Revenue: KBAL's revenue is forecast to decline over the next 3 years (-8.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KBAL's Return on Equity is forecast to be low in 3 years time (12%).


Next Steps

Past Performance

How has Kimball International performed over the past 5 years?

16.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KBAL has a high level of non-cash earnings.

Growing Profit Margin: KBAL's current net profit margins (5.6%) are higher than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: KBAL's earnings have grown by 16.9% per year over the past 5 years.

Accelerating Growth: KBAL's earnings growth over the past year (4.3%) is below its 5-year average (16.9% per year).

Earnings vs Industry: KBAL earnings growth over the past year (4.3%) exceeded the Commercial Services industry -7.6%.


Return on Equity

High ROE: KBAL's Return on Equity (16.8%) 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 ($232.4M) exceed its short term liabilities ($109.3M).

Long Term Liabilities: KBAL's short term assets ($232.4M) exceed its long term liabilities ($32.2M).


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 0.2% to 0.06% over the past 5 years.

Debt Coverage: KBAL's debt is well covered by operating cash flow (21910.3%).

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?

3.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KBAL's dividend (3.42%) is higher than the bottom 25% of dividend payers in the US market (1.72%).

High Dividend: KBAL's dividend (3.42%) is low compared to the top 25% of dividend payers in the US market (4.89%).


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 (32.3%), KBAL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KBAL's dividends in 3 years are forecast to be well covered by earnings (44.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Kristine Juster (57 yo)

1.83yrs

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 ($USD2.49M) is about average for companies of similar size in the US market ($USD1.96M).

Compensation vs Earnings: Kristine's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kristine Juster
CEO & Non-Independent Director1.83yrsUS$2.49m0.24%
$ 948.1k
Michelle Schroeder
Executive VP & CFO5.83yrsUS$665.45k0.30%
$ 1.2m
Mark Johnson
Executive VP0.50yrUS$751.01k0.056%
$ 216.4k
Lonnie Nicholson
Executive VP & Chief Human Resources Officer0.67yrUS$625.47k0.29%
$ 1.1m
Kourtney Smith
Executive VP & President of Workplace2.67yrsUS$660.85k0.19%
$ 738.0k
Gregory Meunier
Executive Vice President of Global Operations0.67yrno data0.052%
$ 201.1k
Dennis Gerber
Director of Investor Relationsno datano datano data
R. Kincer
Executive VP of Corporate Development & Treasurer5.83yrsno data0.23%
$ 906.6k
Wendy Murray
Director of Marketing & Product1.25yrsno datano data
Katherine Sigler
Executive VP & President of Hospitality2.67yrsno data0.081%
$ 316.7k
Phyllis Goetz
Executive VP & President of Health0.67yrno data0.0062%
$ 24.0k
Koorosh Sharghi
Executive VP0.67yrno data0.016%
$ 62.7k

1.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: KBAL's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kristine Juster
CEO & Non-Independent Director1.83yrsUS$2.49m0.24%
$ 948.1k
Geoffrey Stringer
Independent Director17.25yrsUS$150.67k0.20%
$ 796.4k
Timothy Jahnke
Independent Director6.5yrsUS$151.92k0.12%
$ 470.8k
Kimberly Ryan
Independent Chairman1.83yrsUS$226.46k0.095%
$ 370.2k
Thomas Tischhauser
Independent Director12.08yrsUS$150.67k0.17%
$ 646.5k
Patrick Connolly
Independent Director6.08yrsUS$166.39k0.12%
$ 469.1k
Scott Settersten
Independent Director0.17yrno data0.0045%
$ 17.5k
Susan Frampton
Independent Director4.42yrsUS$166.06k0.074%
$ 286.6k

5.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: KBAL's board of directors are considered experienced (5.3 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$389.699m
  • Shares outstanding: 36.97m
  • Website: https://www.kimballinternational.com

Number of Employees


Location

  • Kimball International, Inc.
  • 1600 Royal Street
  • Jasper
  • Indiana
  • 47546-2256
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KBALNasdaqGS (Nasdaq Global Select)YesClass B Common StockUSUSDJan 1980
KB1BDB (Deutsche Boerse AG)YesClass B Common StockDEEURJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 23:34
End of Day Share Price2020/09/30 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.