Kimball Electronics, Inc., a contract electronic manufacturing services company, engages in producing various electronics for the automotive, medical, industrial, and public safety end markets.
No risks detected for KE from our risk checks.
Excellent balance sheet and good value.
Share Price & News
How has Kimball Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KE has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KE underperformed the US Electronic industry which returned -1.9% over the past year.
Return vs Market: KE underperformed the US Market which returned 6.7% over the past year.
Price Volatility Vs. Market
How volatile is Kimball Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StEstimating The Fair Value Of Kimball Electronics, Inc. (NASDAQ:KE)
4 weeks ago | Simply Wall StWhat Type Of Shareholder Owns Kimball Electronics, Inc.'s (NASDAQ:KE)?
Is Kimball Electronics 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: KE ($12.54) is trading above our estimate of fair value ($10.91)
Significantly Below Fair Value: KE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KE is good value based on its PE Ratio (11.8x) compared to the US Electronic industry average (20.3x).
PE vs Market: KE is good value based on its PE Ratio (11.8x) compared to the US market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: KE is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: KE is good value based on its PB Ratio (0.8x) compared to the US Electronic industry average (1.9x).
How is Kimball Electronics forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KE's forecast earnings growth (20.1% per year) is above the savings rate (2.2%).
Earnings vs Market: KE's earnings (20.1% per year) are forecast to grow slower than the US market (22.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KE's revenue (4.6% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: KE's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KE's Return on Equity is forecast to be low in 3 years time (8.3%).
How has Kimball Electronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KE has high quality earnings.
Growing Profit Margin: KE's current net profit margins (2.2%) are lower than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: KE's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: KE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KE had negative earnings growth (-9.6%) over the past year, making it difficult to compare to the Electronic industry average (-6.6%).
Return on Equity
High ROE: KE's Return on Equity (7.2%) is considered low.
How is Kimball Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: KE's short term assets ($543.5M) exceed its short term liabilities ($262.1M).
Long Term Liabilities: KE's short term assets ($543.5M) exceed its long term liabilities ($120.8M).
Debt to Equity History and Analysis
Debt Level: KE's debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KE's debt is well covered by operating cash flow (51.9%).
Interest Coverage: KE's interest payments on its debt are well covered by EBIT (8.6x coverage).
What is Kimball Electronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Don Charron (56yo)
Mr. Donald D. Charron, also known as Don, served as an Executive Vice President of Kimball International Inc. Mr. Charron serves as the Chairman and Chief Executive Officer of Kimball Electronics Group, In ...
CEO Compensation Analysis
Compensation vs Market: Don's total compensation ($USD2.34M) is about average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.
|Chairman & CEO||no data||US$2.34m||1.65% $5.2m|
|VP & CFO||24.5yrs||US$747.45k||0.34% $1.1m|
|VP, General Counsel||no data||US$945.90k||0.82% $2.6m|
|President of Global Electronics Manufacturing Services of Operations||no data||US$740.43k||0.33% $1.0m|
|Principal Accounting Officer & Corporate Controller||no data||no data||0.11% $333.7k|
|VP of Corporate Development||1.92yrs||no data||0.0074% $23.3k|
|Vice President of Human Resources||2.08yrs||no data||0.010% $31.7k|
|Treasurer||no data||no data||no data|
Experienced Management: KE's management team is considered experienced (3.2 years average tenure).
|Chairman & CEO||no data||US$2.34m||1.65% $5.2m|
|Independent Director||1.67yrs||US$140.00k||no data|
|Independent Director||3.25yrs||US$150.00k||no data|
|Lead Independent Director||no data||US$150.00k||0.044% $139.1k|
|Independent Director||0.67yr||no data||0.015% $47.2k|
|Independent Director||6.5yrs||US$150.00k||0.059% $184.4k|
|Independent Director||0.67yr||no data||no data|
Experienced Board: KE's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kimball Electronics, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Kimball Electronics, Inc.
- Ticker: KE
- Exchange: NasdaqGS
- Founded: 1961
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$313.591m
- Shares outstanding: 24.99m
- Website: https://www.kimballelectronics.com
Number of Employees
- Kimball Electronics, Inc.
- 1205 Kimball Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KE||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Oct 2014|
Kimball Electronics, Inc., a contract electronic manufacturing services company, engages in producing various electronics for the automotive, medical, industrial, and public safety end markets. The company’s engineering, manufacturing, and supply chain 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 disposables and other non-electronic products; design engineering and manufacturing of automation equipment, test and inspection equipment, and precision molded plastics; software design services; and product life cycle management services. The company has operations in the United States, China, Mexico, Poland, Romania, Thailand, and Vietnam. Kimball Electronics, Inc. was founded in 1961 and is headquartered in Jasper, Indiana.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 00:05|
|End of Day Share Price||2020/07/13 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.