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.
KEY TRONIC CORP
KTCC
$40M
Mkt Cap
$3.71
+1.92%
KEY TRONIC CORP (KTCC) has a 5-year average return on invested capital (ROIC) of 2.2%. This is below average and may indicate limited pricing power.
KEY TRONIC CORP (KTCC) has a market capitalization of $40M. It is classified as a small-cap stock.
KEY TRONIC CORP (KTCC) does not currently pay a regular dividend.
KEY TRONIC CORP (KTCC) operates in the Printed Circuit Boards industry, within the Technology sector.
KEY TRONIC CORP (KTCC) reported annual revenue of $468 million in its most recent fiscal year, based on SEC EDGAR filings.
KEY TRONIC CORP (KTCC) has a net profit margin of -1.8%. The company is currently unprofitable.
KEY TRONIC CORP (KTCC) generated $15 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Key Tronic Corporation was organized in 1969, as a Washington corporation that locally manufactured computer keyboards. The ability to design, build and deliver a quality product led us to become a leading independent manufacturer of keyboards for computers in the United States. Our fully integrated design, tooling, and automated manufacturing capabilities enabled us to rapidly respond to customers’ needs for keyboards in production quantities worldwide. We supported our sales growth through the development and purchase of international manufacturing facilities. As the computer keyboard market matured with increasing competition from other international providers, we determined that our business could no longer solely rely on keyboard sales. After assessing market conditions and our strengths and capabilities, we shifted our focus from keyboard manufacturing to contract manufacturing for a wide range of products.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 418M | 468M | 567M | 605M | 544M | 519M |
| Net Income | -15M | -8.3M | -2.8M | 5.2M | 3.4M | 4.3M |
| EPS | $-1.43 | $-0.77 | $-0.26 | $0.47 | $0.31 | $0.39 |
| Free Cash Flow | 12M | 15M | 9.8M | -21M | -12M | -26M |
| ROIC | -3.7% | 0.2% | 2.3% | 3.8% | 2.5% | 2.1% |
| Gross Margin | 5.8% | 7.8% | 7.0% | 7.8% | 7.9% | 8.1% |
| Debt/Equity | 1.77 | 1.51 | 1.87 | 1.95 | 1.58 | 1.55 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -14M | 562K | 6.8M | 16M | 8.8M | 9.5M |
| Operating Margin | -3.3% | 0.1% | 1.2% | 2.7% | 1.6% | 1.8% |
| ROE | -14.5% | -6.9% | -2.2% | 4.1% | 2.7% | 3.6% |
| Shares Outstanding | 11M | 11M | 11M | 11M | 11M | 11M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 305M | 434M | 485M | 468M | 446M | 464M | 449M | 519M | 544M | 605M | 567M | 468M | 418M |
| Gross Margin | 8.8% | 7.7% | 8.0% | 8.2% | 7.7% | 7.5% | 7.8% | 8.1% | 7.9% | 7.8% | 7.0% | 7.8% | 5.8% |
| R&D | 5.6M | 5.8M | 6.4M | 6.4M | 6.2M | 6.6M | 7.4M | 9.8M | 9.8M | 9.7M | 8.3M | 9.2M | 8.5M |
| SG&A | 12M | 21M | 22M | 22M | 22M | 22M | 21M | 23M | 25M | 26M | 25M | 27M | 29M |
| EBIT | 9.3M | 6.7M | 10M | 9.5M | 1.1M | -6.0M | 6.8M | 9.5M | 8.8M | 16M | 6.8M | 562K | -14M |
| Op. Margin | 3.0% | 1.5% | 2.1% | 2.0% | 0.2% | -1.3% | 1.5% | 1.8% | 1.6% | 2.7% | 1.2% | 0.1% | -3.3% |
| Net Income | 7.6M | 4.3M | 6.5M | 5.6M | -1.3M | -8.0M | 4.8M | 4.3M | 3.4M | 5.2M | -2.8M | -8.3M | -15M |
| Net Margin | 2.5% | 1.0% | 1.3% | 1.2% | -0.3% | -1.7% | 1.1% | 0.8% | 0.6% | 0.9% | -0.5% | -1.8% | -3.7% |
| Non-Recurring | 245K | 450K | 1.0M | 395K | 11K | 10.0M | 10M | 753K | 938K | 448K | 354K | 140K | 140K |
| Returns on Capital | |||||||||||||
| ROIC | 5.7% | 3.4% | 5.7% | 3.5% | 0.6% | -5.9% | 3.5% | 2.1% | 2.5% | 3.8% | 2.3% | 0.2% | -3.7% |
| ROE | 7.7% | 4.2% | 6.3% | 5.1% | -1.1% | -6.9% | 4.1% | 3.6% | 2.7% | 4.1% | -2.2% | -6.9% | -14.5% |
| ROA | 5.2% | 2.2% | 2.8% | 2.4% | -0.6% | -3.3% | 1.8% | 1.3% | 0.9% | 1.3% | -0.8% | -2.5% | -4.7% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 1.5M | 7.7M | 4.6M | 2.3M | 3.1M | 919K | -31M | -15M | -4.9M | -11M | 14M | 19M | 21M |
| Free Cash Flow | -6.3M | -1.1M | -8.7M | -7.0M | -1.4M | -7.5M | -40M | -26M | -12M | -21M | 9.8M | 15M | 12M |
| Owner Earnings | -3.0M | 1.0M | -2.3M | -5.6M | -5.1M | -6.8M | -37M | -22M | -13M | -21M | 2.3M | 9.1M | 12M |
| CapEx | 7.8M | 8.8M | 13M | 9.3M | 4.5M | 8.4M | 8.6M | 11M | 6.8M | 9.8M | 4.0M | 4.1M | 9.8M |
| Maint. CapEx | 3.8M | 5.9M | 6.2M | 7.2M | 7.8M | 7.3M | 5.6M | 6.9M | 7.6M | 9.5M | 11M | 9.6M | 9.0M |
| Growth CapEx | 3.9M | 2.9M | 7.1M | 2.1M | 0 | 1.1M | 3.0M | 3.7M | 0 | 229K | 0 | 0 | 714K |
| D&A | 3.8M | 5.9M | 6.2M | 7.2M | 7.8M | 7.3M | 5.6M | 6.9M | 7.6M | 9.5M | 11M | 9.6M | 9.0M |
| CapEx/OCF | 532.4% | 114.9% | 289.9% | 98.7% | 144.9% | 912.5% | N/A | N/A | N/A | N/A | 28.7% | 21.6% | 45.7% |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback 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 | 0.0% |
| Stock-Based Comp | 659K | 732K | 764K | 692K | 447K | 436K | 266K | 192K | 293K | 254K | 444K | 218K | 634K |
| Debt Repayment | 576K | 3.8M | 5.0M | 5.4M | 5.9M | 5.9M | 7.1M | 12M | 2.1M | 576M | 524M | 424M | 424M |
| Balance Sheet | |||||||||||||
| Net Debt | 29M | 43M | 43M | 61M | 51M | 28M | 130M | 188M | 196M | 249M | 227M | 175M | 187M |
| Cash & Equiv. | 5.8M | 372K | 1.0M | 373K | 343K | 601K | 553K | 3.5M | 1.7M | 3.0M | 4.8M | 1.4M | 788K |
| Long-Term Debt | 35M | 31M | 26M | 43M | 35M | 5.0M | 71M | 100M | 100M | 122M | 116M | 99M | 90M |
| Debt/Equity | 0.34 | 0.43 | 0.42 | 0.53 | 0.43 | 0.25 | 1.13 | 1.55 | 1.58 | 1.95 | 1.87 | 1.51 | 1.77 |
| Interest Coverage | 114.9 | 4.9 | 4.6 | 4.2 | 0.4 | -2.1 | 2.7 | 2.6 | 1.7 | 1.6 | 0.6 | 0.0 | 0.0 |
| Equity | 104M | 101M | 106M | 117M | 118M | 114M | 116M | 124M | 125M | 129M | 124M | 117M | 106M |
| Total Assets | 157M | 231M | 236M | 233M | 247M | 238M | 305M | 362M | 407M | 375M | 355M | 316M | 325M |
| Total Liabilities | 53M | 130M | 130M | 116M | 128M | 124M | 189M | 238M | 282M | 246M | 231M | 199M | 219M |
| Intangibles | 2.1M | 7.1M | 5.9M | 4.8M | 3.7M | 657K | 0 | 0 | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | 57M | 61M | 68M | 74M | 73M | 65M | 70M | 74M | 78M | 81M | 77M | 69M | 58M |
| Working Capital | 71M | 92M | 97M | 100M | 96M | 105M | 131M | 173M | 176M | 190M | 184M | 142M | 105M |
| Current Assets | 123M | 178M | 181M | 178M | 195M | 198M | 243M | 299M | 340M | 308M | 288M | 234M | 207M |
| Current Liabilities | 52M | 87M | 84M | 78M | 99M | 93M | 112M | 127M | 164M | 118M | 104M | 92M | 102M |
| Per Share Data | |||||||||||||
| EPS | 0.67 | 0.38 | 0.58 | 0.51 | -0.12 | -0.74 | 0.44 | 0.39 | 0.31 | 0.47 | -0.26 | -0.77 | -1.43 |
| Owner EPS | -0.27 | 0.09 | -0.21 | -0.51 | -0.46 | -0.63 | -3.41 | -1.99 | -1.17 | -1.92 | 0.21 | 0.84 | 1.09 |
| Book Value | 9.12 | 8.90 | 9.37 | 10.58 | 10.69 | 10.61 | 10.69 | 11.11 | 11.46 | 11.77 | 11.57 | 10.84 | 9.87 |
| Cash Flow/Share | 0.13 | 0.68 | 0.41 | 0.21 | 0.28 | 0.09 | -2.87 | -1.35 | -0.45 | -1.03 | 1.29 | 1.75 | -0.59 |
| 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. | 11.4M | 11.3M | 11.3M | 11.0M | 11.0M | 10.8M | 10.8M | 11.1M | 10.9M | 11.0M | 10.7M | 10.8M | 10.8M |
| Valuation | |||||||||||||
| P/E Ratio | 16.0 | 28.1 | 12.4 | 14.2 | N/A | N/A | 12.0 | 17.0 | 14.7 | 11.9 | N/A | N/A | -2.6 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4.4 | 2.0 | 3.4 |
| EV/EBIT | 13.3 | 22.8 | 10.2 | 10.9 | 91.0 | N/A | 9.8 | 8.4 | 5.9 | 4.0 | 6.6 | 72.1 | N/A |
| Price/Book | 1.2 | 1.2 | 0.8 | 0.7 | 0.7 | 0.5 | 0.5 | 0.6 | 0.4 | 0.5 | 0.4 | 0.3 | 0.4 |
| Price/Sales | 0.4 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| FCF Yield | -5.2% | -0.9% | -10.7% | -8.8% | -1.7% | -13.9% | -69.7% | -34.8% | -23.6% | -34.2% | 22.6% | 50.3% | 29.1% |
| Market Cap | 122M | 121M | 81M | 80M | 83M | 54M | 57M | 74M | 50M | 62M | 43M | 29M | 40M |
| Avg. Price | 10.63 | 9.97 | 8.33 | 7.46 | 7.27 | 6.62 | 5.10 | 7.79 | 6.07 | 5.31 | 4.52 | 3.97 | 3.71 |
| Year-End Price | 10.73 | 10.66 | 7.19 | 7.22 | 7.51 | 4.98 | 5.26 | 6.62 | 4.55 | 5.61 | 4.05 | 2.73 | 3.71 |
KEY TRONIC CORP passes 1 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 3.5x vs a median of 3.2x. The company's 5-year average ROIC is 2.2% with a gross margin of 7.7%. At current prices, the estimated annualized return to fair value is +18.8%.
KEY TRONIC CORP (KTCC) has a debt-to-equity ratio of 1.51. This indicates higher leverage, which may increase financial risk.
KEY TRONIC CORP (KTCC) reported earnings per share (EPS) of $-0.77 in its most recent fiscal year.
KEY TRONIC CORP (KTCC) has a return on equity (ROE) of -6.9%. A negative ROE may indicate losses or negative equity.
KEY TRONIC CORP (KTCC) has a 5-year average gross margin of 7.7%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 15 years of financial data for KEY TRONIC CORP (KTCC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
KEY TRONIC CORP (KTCC) has a book value per share of $10.84, based on its most recent annual SEC filing.