A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
Kimball Electronics, Inc.
KE
$620M
Mkt Cap
$24.86
-0.20%
Kimball Electronics, Inc. (KE) has a current P/E ratio of 13.4, compared to its historical median P/E of 16.5. The stock is currently considered Fair based on its historical valuation range.
Kimball Electronics, Inc. (KE) has a 5-year average return on invested capital (ROIC) of 6.4%. This is below average and may indicate limited pricing power.
Kimball Electronics, Inc. (KE) has a market capitalization of $598M. It is classified as a small-cap stock.
Kimball Electronics, Inc. (KE) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 2.11%.
Based on historical P/E analysis, Kimball Electronics, Inc. (KE) appears fair. The current P/E of 13.4 is 19% below its historical median of 16.5. The estimated fair value CAGR (P/E method) is 14.9%.
Kimball Electronics, Inc. (KE) operates in the Printed Circuit Boards industry, within the Technology sector.
Kimball Electronics, Inc. (KE) reported annual revenue of $1.5 billion in its most recent fiscal year, based on SEC EDGAR filings.
As used herein, the terms “Company,” “Kimball Electronics,” “we,” “us,” or “our” refer to Kimball Electronics, Inc., the Registrant, and its subsidiaries. Reference to a year relates to a fiscal year, ended June 30 of the year indicated, rather than a calendar year unless the context indicates otherwise. Additionally, references to the first, second, third, and fourth quarters refer to those respective quarters of the fiscal year indicated. Forward-Looking Statements This document contains certain forward-looking statements. These are statements made by management, using their best business judgment based upon facts known at the time of the statements or reasonable estimates, about future results, plans, or future performance and business of the Company. Such statements involve risk and uncertainty, and their ultimate validity is affected by a number of factors, both specific and general.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 1.4B | 1.5B | 1.7B | 1.8B | 1.3B | 1.3B |
| Net Income | 26M | 17M | 20M | 56M | 31M | 57M |
| EPS | $1.07 | $0.68 | $0.81 | $2.22 | $1.24 | $2.24 |
| Free Cash Flow | 55M | 151M | 27M | -103M | -157M | 92M |
| ROIC | 5.3% | 3.2% | 3.9% | 7.6% | 6.4% | 11.0% |
| Gross Margin | 8.0% | 7.0% | 8.2% | 8.6% | 7.8% | 9.1% |
| Debt/Equity | 0.29 | 0.52 | 1.09 | 0.99 | 0.72 | 0.24 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 53M | 46M | 49M | 88M | 53M | 66M |
| Operating Margin | 3.7% | 3.1% | 2.9% | 4.8% | 3.9% | 5.1% |
| ROE | 4.5% | 3.1% | 3.8% | 11.4% | 7.0% | 13.8% |
| Shares Outstanding | 24M | 25M | 25M | 25M | 25M | 25M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 742M | 819M | 842M | 931M | 1.1B | 1.2B | 1.2B | 1.3B | 1.3B | 1.8B | 1.7B | 1.5B | 1.4B |
| Gross Margin | 8.2% | 8.8% | 7.7% | 8.1% | 8.0% | 7.5% | 7.0% | 9.1% | 7.8% | 8.6% | 8.2% | 7.0% | 8.0% |
| R&D | 8.0M | 9.0M | 9.0M | 10M | 11M | 15M | 17M | 21M | 24M | 24M | 18M | 18M | 18M |
| SG&A | 36M | 36M | 35M | 37M | 44M | 47M | 44M | 53M | 53M | 69M | 67M | 50M | 56M |
| EBIT | 30M | 36M | 30M | 43M | 42M | 42M | 32M | 66M | 53M | 88M | 49M | 46M | 53M |
| Op. Margin | 4.0% | 4.4% | 3.5% | 4.6% | 3.9% | 3.6% | 2.7% | 5.1% | 3.9% | 4.8% | 2.9% | 3.1% | 3.7% |
| Net Income | 25M | 26M | 22M | 34M | 17M | 32M | 18M | 57M | 31M | 56M | 20M | 17M | 26M |
| Net Margin | 3.3% | 3.2% | 2.6% | 3.7% | 1.6% | 2.7% | 1.5% | 4.4% | 2.3% | 3.1% | 1.2% | 1.1% | 1.8% |
| Non-Recurring | 392K | 33K | 145K | 33K | 7K | 4K | 7.9M | -66K | -90K | 23K | 8.2M | 12M | 6.1M |
| Returns on Capital | |||||||||||||
| ROIC | 11.1% | 11.6% | 9.2% | 11.6% | 8.2% | 8.1% | 4.4% | 11.0% | 6.4% | 7.6% | 3.9% | 3.2% | 5.3% |
| ROE | 10.2% | 9.3% | 7.0% | 10.2% | 4.8% | 8.7% | 4.9% | 13.8% | 7.0% | 11.4% | 3.8% | 3.1% | 4.5% |
| ROA | 12.0% | 5.9% | 4.5% | 6.4% | 2.9% | 4.6% | 2.4% | 7.1% | 3.4% | 4.9% | 1.7% | 1.5% | 2.4% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 39M | 28M | 37M | 47M | 40M | -6.7M | 73M | 130M | -83M | -14M | 73M | 184M | 108M |
| Free Cash Flow | 19M | -5.0M | 3.2M | 14M | 14M | -31M | 34M | 92M | -157M | -103M | 27M | 151M | 55M |
| Owner Earnings | 18M | 5.0M | 14M | 19M | 8.5M | -41M | 38M | 92M | -119M | -53M | 28M | 140M | 62M |
| CapEx | 20M | 33M | 34M | 33M | 26M | 25M | 38M | 38M | 74M | 89M | 46M | 33M | 53M |
| Maint. CapEx | 18M | 20M | 20M | 24M | 26M | 29M | 31M | 34M | 29M | 32M | 38M | 37M | 38M |
| Growth CapEx | 2.5M | 13M | 14M | 9.3M | 0 | 0 | 7.5M | 4.4M | 45M | 57M | 8.0M | 0 | 14M |
| D&A | 18M | 20M | 20M | 24M | 26M | 29M | 31M | 34M | 29M | 32M | 38M | 37M | 38M |
| CapEx/OCF | N/A | 117.7% | 91.4% | 71.1% | 64.4% | N/A | 52.7% | N/A | N/A | N/A | N/A | N/A | 48.8% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 13M | 22M | 9.6M | 23M | 8.8M | 3.0M | 9.0M | 0 | 2.8M | 12M | 13M |
| Buyback Yield | N/A | N/A | 3.6% | 4.4% | 1.9% | 5.5% | 2.7% | N/A | N/A | N/A | N/A | N/A | 2.1% |
| Stock-Based Comp | 3.3M | 3.5M | 3.4M | 3.5M | 5.3M | 5.7M | 4.0M | 3.9M | 6.2M | 6.9M | 7.2M | 6.5M | 8.0M |
| Debt Repayment | 0 | 0 | 0 | 10M | 1.5M | 26M | 8.1M | 5.8M | 15M | 4.3M | 13M | 9.8M | 9.8M |
| Balance Sheet | |||||||||||||
| Net Debt | -26M | -65M | N/A | N/A | -38M | 168M | 145M | -242K | 276M | 474M | 512M | 206M | 86M |
| Cash & Equiv. | 26M | 65M | 55M | 45M | 46M | 49M | 65M | 106M | 50M | 43M | 78M | 89M | 82M |
| Long-Term Debt | N/A | N/A | N/A | N/A | 0 | 92M | 92M | 40M | 145M | 235M | 295M | 147M | 128M |
| Debt/Equity | 0.00 | 0.00 | 0.57 | 0.62 | 0.02 | 0.59 | 0.55 | 0.24 | 0.72 | 0.99 | 1.09 | 0.52 | 0.29 |
| Interest Coverage | 14965.0 | 3305.0 | 371.5 | 157.9 | 79.8 | 10.3 | 7.2 | 30.3 | 19.8 | 5.4 | 2.2 | 3.1 | 5.7 |
| Equity | 252M | 312M | 324M | 342M | 356M | 370M | 379M | 442M | 454M | 524M | 540M | 570M | 578M |
| Total Assets | 409M | 483M | 511M | 555M | 609M | 764M | 775M | 814M | 1.0B | 1.3B | 1.2B | 1.1B | 1.1B |
| Total Liabilities | 156M | 171M | 186M | 213M | 253M | 394M | 395M | 372M | 582M | 736M | 667M | 507M | 5.9M |
| Intangibles | 1.8M | 4.5M | 4.6M | 4.6M | 4.4M | 22M | 19M | 17M | 15M | 12M | 3.0M | 2.4M | 2.0M |
| Retained Earnings | 0 | 26M | 48M | 83M | 99M | 134M | 152M | 209M | 240M | 296M | 317M | 334M | 353M |
| Working Capital | 145M | 194M | 187M | 189M | 208M | 280M | 286M | 283M | 352M | 454M | 472M | 381M | 372M |
| Current Assets | 291M | 354M | 362M | 388M | 437M | 555M | 558M | 583M | 761M | 929M | 847M | 700M | 707M |
| Current Liabilities | 146M | 160M | 175M | 199M | 229M | 275M | 273M | 301M | 409M | 475M | 375M | 319M | 336M |
| Per Share Data | |||||||||||||
| EPS | 0.84 | 0.89 | 0.76 | 1.24 | 0.62 | 1.21 | 0.71 | 2.24 | 1.24 | 2.22 | 0.81 | 0.68 | 1.07 |
| Owner EPS | 0.62 | 0.17 | 0.46 | 0.70 | 0.32 | -1.59 | 1.48 | 3.64 | -4.72 | -2.12 | 1.11 | 5.63 | 2.56 |
| Book Value | 8.61 | 10.61 | 11.06 | 12.42 | 13.17 | 14.20 | 14.82 | 17.46 | 18.04 | 20.87 | 21.37 | 22.84 | 24.02 |
| Cash Flow/Share | 1.34 | 0.95 | 1.26 | 1.70 | 1.49 | -0.26 | 2.84 | 5.14 | -3.30 | -0.55 | 2.89 | 7.37 | 2.67 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 29.3M | 29.4M | 29.3M | 27.6M | 27.0M | 26.1M | 25.6M | 25.3M | 25.2M | 25.1M | 25.3M | 24.9M | 24.0M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | 16.9 | 15.9 | 14.9 | 30.0 | 13.4 | 17.8 | 9.7 | 17.1 | 12.1 | 27.1 | 28.3 | 23.2 |
| P/FCF | N/A | N/A | 111.5 | 37.7 | 35.1 | N/A | 9.4 | 6.0 | N/A | N/A | 20.5 | 3.2 | 10.8 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 12.0 | 9.9 | 14.5 | 11.4 | 12.8 |
| Price/Book | N/A | 1.4 | 1.1 | 1.5 | 1.4 | 1.1 | 0.9 | 1.2 | 1.2 | 1.3 | 1.0 | 0.8 | 1.0 |
| Price/Sales | N/A | 0.5 | 0.4 | 0.5 | 0.5 | 0.4 | 0.3 | 0.4 | 0.4 | 0.3 | 0.4 | 0.3 | 0.4 |
| FCF Yield | N/A | -1.1% | 0.9% | 2.7% | 2.9% | -7.4% | 10.7% | 16.7% | -29.4% | -15.3% | 4.9% | 31.4% | 9.2% |
| Market Cap | N/A | 443M | 353M | 509M | 503M | 424M | 323M | 549M | 534M | 677M | 557M | 480M | 598M |
| Avg. Price | N/A | 12.58 | 11.48 | 15.53 | 18.95 | 17.24 | 14.78 | 18.00 | 21.58 | 22.38 | 24.74 | 18.33 | 24.86 |
| Year-End Price | N/A | 15.06 | 12.05 | 18.45 | 18.60 | 16.24 | 12.61 | 21.67 | 21.18 | 26.90 | 21.98 | 19.23 | 24.86 |
Kimball Electronics, Inc. passes 4 of 9 quality checks, suggesting mixed fundamentals.
Kimball Electronics, Inc. trades at 13.4x trailing earnings, compared to its 15-year median P/E of 16.5x, suggesting it is currently Fair relative to its historical range. The company's 5-year average ROIC is 6.4% with a gross margin of 8.1%. Total shareholder yield (buybacks) is 2.1%. At current prices, the estimated annualized return to fair value is +16.4%.
Kimball Electronics, Inc. (KE) has a net profit margin of 1.1%. This is a modest margin.
Kimball Electronics, Inc. (KE) generated $151 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Kimball Electronics, Inc. (KE) has a debt-to-equity ratio of 0.52. This indicates moderate leverage.
Kimball Electronics, Inc. (KE) reported earnings per share (EPS) of $0.68 in its most recent fiscal year.
Kimball Electronics, Inc. (KE) has a return on equity (ROE) of 3.1%. This indicates moderate shareholder returns.
Kimball Electronics, Inc. (KE) has a 5-year average gross margin of 8.1%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 13 years of financial data for Kimball Electronics, Inc. (KE), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Kimball Electronics, Inc. (KE) has a book value per share of $22.84, based on its most recent annual SEC filing.