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KE

Kimball ElectronicsNasdaqGS:KE Stock Report

Market Cap

US$514.1m

7D

-9.2%

1Y

29.8%

Updated

04 Dec, 2021

Data

Company Financials +
KE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends0/6

KE Stock Overview

Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets.

Kimball Electronics Competitors

Jabil

NYSE:JBL

US$8.5b

Flex

NasdaqGS:FLEX

US$7.8b

Plexus

NasdaqGS:PLXS

US$2.5b

Sanmina

NasdaqGS:SANM

US$2.4b

Price History & Performance

Summary of all time highs, changes and price drops for Kimball Electronics
Historical stock prices
Current Share PriceUS$20.48
52 Week HighUS$30.61
52 Week LowUS$15.27
Beta1.4
1 Month Change-33.07%
3 Month Change-16.24%
1 Year Change29.79%
3 Year Change23.75%
5 Year Change16.36%
Change since IPO183.66%

Recent News & Updates

Nov 16
Is It Too Late To Consider Buying Kimball Electronics, Inc. (NASDAQ:KE)?

Is It Too Late To Consider Buying Kimball Electronics, Inc. (NASDAQ:KE)?

Kimball Electronics, Inc. ( NASDAQ:KE ), might not be a large cap stock, but it saw a double-digit share price rise of...

Nov 03
Kimball Electronics, Inc.'s (NASDAQ:KE) CEO Will Probably Have Their Compensation Approved By Shareholders

Kimball Electronics, Inc.'s (NASDAQ:KE) CEO Will Probably Have Their Compensation Approved By Shareholders

It would be hard to discount the role that CEO Don Charron has played in delivering the impressive results at Kimball...

Shareholder Returns

KEUS ElectronicUS Market
7D-9.2%-0.6%-2.7%
1Y29.8%21.0%16.6%

Return vs Industry: KE exceeded the US Electronic industry which returned 24.5% over the past year.

Return vs Market: KE exceeded the US Market which returned 19.4% over the past year.

Price Volatility

Is KE's price volatile compared to industry and market?
KE volatility
KE Average Weekly Movement4.8%
Electronic Industry Average Movement7.1%
Market Average Movement6.1%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: KE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: KE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19616,400Don Charronhttps://www.kimballelectronics.com

Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. The company’s manufacturing services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services. Its manufacturing services also comprise industrialization and automation of manufacturing processes; reliability testing, including testing of products under a series of environmental conditions; production and testing of printed circuit board assemblies; assembly, production, and packaging of medical devices and disposables, and other non-electronic products; drug delivery devices and solutions with and without electronics; design engineering and manufacturing of automation equipment, test and inspection equipment, and precision molded plastics; software design services; and product life cycle management services.

Kimball Electronics Fundamentals Summary

How do Kimball Electronics's earnings and revenue compare to its market cap?
KE fundamental statistics
Market CapUS$514.07m
Earnings (TTM)US$42.48m
Revenue (TTM)US$1.25b

12.1x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KE income statement (TTM)
RevenueUS$1.25b
Cost of RevenueUS$1.15b
Gross ProfitUS$103.05m
ExpensesUS$60.57m
EarningsUS$42.48m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.69
Gross Margin8.23%
Net Profit Margin3.39%
Debt/Equity Ratio16.5%

How did KE perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KE ($20.48) is trading below our estimate of fair value ($220.8)

Significantly Below Fair Value: KE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: KE is good value based on its PE Ratio (12.1x) compared to the US Electronic industry average (17.6x).

PE vs Market: KE is good value based on its PE Ratio (12.1x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: KE is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: KE is good value based on its PB Ratio (1.2x) compared to the US Electronic industry average (2.6x).


Future Growth

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

11.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KE's forecast earnings growth (11.5% per year) is above the savings rate (2%).

Earnings vs Market: KE's earnings (11.5% per year) are forecast to grow slower than the US market (14.1% per year).

High Growth Earnings: KE's earnings are forecast to grow, but not significantly.

Revenue vs Market: KE's revenue (11.8% per year) is forecast to grow faster than the US market (10% per year).

High Growth Revenue: KE's revenue (11.8% 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 KE's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Kimball Electronics performed over the past 5 years?

9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KE has high quality earnings.

Growing Profit Margin: KE's current net profit margins (3.4%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: KE's earnings have grown by 9.9% per year over the past 5 years.

Accelerating Growth: KE's earnings growth over the past year (49.7%) exceeds its 5-year average (9.9% per year).

Earnings vs Industry: KE earnings growth over the past year (49.7%) underperformed the Electronic industry 51.2%.


Return on Equity

High ROE: KE's Return on Equity (9.7%) is considered low.


Financial Health

How is Kimball Electronics's financial position?


Financial Position Analysis

Short Term Liabilities: KE's short term assets ($602.2M) exceed its short term liabilities ($326.6M).

Long Term Liabilities: KE's short term assets ($602.2M) exceed its long term liabilities ($71.9M).


Debt to Equity History and Analysis

Debt Level: KE has more cash than its total debt.

Reducing Debt: KE's debt to equity ratio has increased from 2.7% to 16.5% over the past 5 years.

Debt Coverage: KE's debt is well covered by operating cash flow (139.3%).

Interest Coverage: KE's interest payments on its debt are well covered by EBIT (32.1x coverage).


Balance Sheet


Dividend

What is Kimball Electronics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.1yrs

Average management tenure


CEO

Don Charron (57 yo)

7.17yrs

Tenure

US$2,279,462

Compensation

Mr. Donald D. Charron, also known as Don, served as an Executive Vice President of Kimball International Inc. Mr. Charron serves as the Chairman and Chief Executive Officer of Kimball Electronics Group, In...


CEO Compensation Analysis

Compensation vs Market: Don's total compensation ($USD2.28M) is about average for companies of similar size in the US market ($USD1.76M).

Compensation vs Earnings: Don's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: KE's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: KE's board of directors are considered experienced (3.9 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kimball Electronics, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Kimball Electronics, Inc.
  • Ticker: KE
  • Exchange: NasdaqGS
  • Founded: 1961
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: US$514.067m
  • Shares outstanding: 25.10m
  • Website: https://www.kimballelectronics.com

Number of Employees


Location

  • Kimball Electronics, Inc.
  • 1205 Kimball Boulevard
  • Jasper
  • Indiana
  • 47546
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/04 00:02
End of Day Share Price2021/12/03 00:00
Earnings2021/09/30
Annual Earnings2021/06/30


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.