Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. More Details
Very undervalued with excellent balance sheet.
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 10.2% over the past year.
Return vs Market: KE underperformed the US Market which returned 18.5% 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
6 days ago | Simply Wall StHow Does Kimball Electronics' (NASDAQ:KE) CEO Salary Compare to Peers?
2 weeks ago | Simply Wall StShould We Be Excited About The Trends Of Returns At Kimball Electronics (NASDAQ:KE)?
1 month ago | Simply Wall StAre Kimball Electronics's (NASDAQ:KE) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Is Kimball Electronics undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KE ($12.24) is trading below our estimate of fair value ($41.97)
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 (17x) compared to the US Electronic industry average (26.3x).
PE vs Market: KE is good value based on its PE Ratio (17x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: KE is good value based on its PEG Ratio (0.5x)
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 (2.1x).
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 (34.5% per year) is above the savings rate (2.2%).
Earnings vs Market: KE's earnings (34.5% per year) are forecast to grow faster than the US market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KE's revenue (5.5% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: KE's revenue (5.5% 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 (8.5%).
How has Kimball Electronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KE has a large one-off loss of $12.5M impacting its June 30 2020 financial results.
Growing Profit Margin: KE's current net profit margins (1.5%) are lower than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: KE's earnings have grown by 0.4% 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 (-42.4%) over the past year, making it difficult to compare to the Electronic industry average (-18%).
Return on Equity
High ROE: KE's Return on Equity (4.8%) is considered low.
How is Kimball Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: KE's short term assets ($558.4M) exceed its short term liabilities ($272.6M).
Long Term Liabilities: KE's short term assets ($558.4M) exceed its long term liabilities ($122.9M).
Debt to Equity History and Analysis
Debt Level: KE's debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KE's debt is well covered by operating cash flow (61.6%).
Interest Coverage: KE's interest payments on its debt are well covered by EBIT (9.4x coverage).
What is Kimball Electronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Don Charron (56 yo)
Mr. Donald D. Charron, also known as Don, served as an Executive Vice President of Kimball International Inc. Mr. Charron serves as the Chairman and Chief Executive Officer of Kimball Electronics Group, In ...
CEO Compensation Analysis
Compensation vs Market: Don's total compensation ($USD1.79M) is about average for companies of similar size in the US market ($USD1.93M).
Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.
|Chairman & CEO||6yrs||US$1.79m||1.79% |
|VP & CFO||6yrs||US$597.75k||0.37% |
|VP, General Counsel||6yrs||US$685.33k||0.84% |
|President of Global Electronics Manufacturing Services of Operations||0.25yr||US$594.25k||0.36% |
|VP of Corporate Development||2.17yrs||no data||0.024% |
|Vice President of Human Resources||2.33yrs||no data||0.023% |
|Corporate Controller||no data||no data||0.12% |
|Treasurer||no data||no data||no data|
Experienced Management: KE's management team is considered experienced (4.2 years average tenure).
|Chairman & CEO||6yrs||US$1.79m||1.79% |
|Independent Director||1.92yrs||US$140.00k||no data|
|Independent Director||3.5yrs||US$150.00k||no data|
|Lead Independent Director||no data||US$150.00k||0.044% |
|Independent Director||0.92yr||US$140.01k||0.015% |
|Independent Director||6.75yrs||US$150.00k||0.058% |
|Independent Director||0.92yr||US$140.00k||no data|
Experienced Board: KE's board of directors are not considered experienced ( 2.7 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$307.754m
- Shares outstanding: 25.14m
- 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. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. The ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 23:58|
|End of Day Share Price||2020/10/21 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.