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Kimball Electronics (KE)

Upturn stock ratingUpturn stock rating
$18.54
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

02/25/2025: KE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -47.56%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 02/25/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 336.64M USD
Price to earnings Ratio 42.84
1Y Target Price 21.25
Price to earnings Ratio 42.84
1Y Target Price 21.25
Volume (30-day avg) 131681
Beta 1.18
52 Weeks Range 12.57 - 24.45
Updated Date 04/4/2025
52 Weeks Range 12.57 - 24.45
Updated Date 04/4/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.32

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 0.51%
Operating Margin (TTM) 5.19%

Management Effectiveness

Return on Assets (TTM) 3.32%
Return on Equity (TTM) 1.49%

Valuation

Trailing PE 42.84
Forward PE -
Enterprise Value 487157656
Price to Sales(TTM) 0.21
Enterprise Value 487157656
Price to Sales(TTM) 0.21
Enterprise Value to Revenue 0.31
Enterprise Value to EBITDA 7.43
Shares Outstanding 24554700
Shares Floating 24081495
Shares Outstanding 24554700
Shares Floating 24081495
Percent Insiders 2.03
Percent Institutions 78.34

Analyst Ratings

Rating 4.5
Target Price 24
Buy -
Strong Buy 3
Buy -
Strong Buy 3
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Kimball Electronics

stock logo

Company Overview

overview logo History and Background

Kimball Electronics was founded in 1961 as a division of Kimball International and was spun off as an independent public company in 2014. It evolved from supporting Kimball International's core business (furniture and pianos) to a global electronics manufacturing services (EMS) provider.

business area logo Core Business Areas

  • Electronics Manufacturing Services (EMS): Kimball Electronics provides contract manufacturing services, including engineering, manufacturing, and supply chain management, for various industries.

leadership logo Leadership and Structure

The leadership team consists of Donald D Kelm (Chairman), Kathy Thomson (CEO), and Jana C Gray (CFO). The organizational structure is based on functional departments (sales, operations, finance) and regional management.

Top Products and Market Share

overview logo Key Offerings

  • Printed Circuit Board Assemblies (PCBAs): PCBAs are the core component of most electronic devices. Kimball Electronics manufactures PCBAs for various industries. Market share is difficult to pinpoint exactly, but the global EMS market is highly fragmented. Competitors include Jabil (JBL), Flex (FLEX), and Sanmina (SANM).
  • Finished Electronic Products: Kimball Electronics also offers complete product assembly and testing. Market share data is specific to each finished product category and is unavailable. Jabil (JBL), Flex (FLEX), and Sanmina (SANM) are again competitors.

Market Dynamics

industry overview logo Industry Overview

The EMS industry is experiencing growth due to increased demand for electronics, outsourcing trends, and globalization.

Positioning

Kimball Electronics is a mid-sized player in the EMS industry, focusing on high-mix, low-to-medium volume production. Its competitive advantage lies in its expertise, responsiveness, and customer relationships.

Total Addressable Market (TAM)

The global EMS market is estimated at several hundred billion USD. Kimball Electronics's position within this TAM is focused on specific niches and customer segments. While the overall TAM is large, Kimball's serviceable addressable market is a smaller subset.

Upturn SWOT Analysis

Strengths

  • Strong customer relationships
  • Focus on high-mix, low-to-medium volume
  • Engineering expertise
  • Global manufacturing footprint

Weaknesses

  • Smaller size compared to larger competitors
  • Potential customer concentration risk
  • Dependence on specific industries

Opportunities

  • Growth in target industries (medical, automotive)
  • Expansion into new geographic regions
  • Increased outsourcing trends
  • Acquisitions of smaller EMS providers

Threats

  • Economic downturns
  • Component shortages
  • Intense competition
  • Geopolitical risks

Competitors and Market Share

competitor logo Key Competitors

  • Jabil (JBL)
  • Flex (FLEX)
  • Sanmina (SANM)
  • Celestica (CLS)

Competitive Landscape

Kimball Electronics differentiates itself through its focus on specific niches and customer relationships. Larger competitors have broader capabilities and economies of scale.

Major Acquisitions

Velocity Electronics

  • Year: 2022
  • Acquisition Price (USD millions): 48
  • Strategic Rationale: Expanded supply chain capabilities and customer base.

Growth Trajectory and Initiatives

Historical Growth: Kimball Electronics has experienced consistent revenue growth over the past few years, driven by organic expansion and strategic acquisitions.

Future Projections: Analysts project continued revenue growth and profitability improvements, driven by favorable industry trends and strategic initiatives.

Recent Initiatives: Recent initiatives include capacity expansion in strategic locations, investments in new technologies, and focus on key customer relationships.

Summary

Kimball Electronics is a solid EMS provider with steady growth and profitability. Its customer focus and niche expertise are working well. The company needs to watch out for intense competition and economic downturns, while capitalizing on growth opportunities in its target industries.

Similar Companies

CLSratingrating

Celestica Inc.

$79.06
Mid-Cap Stock
0%
Top Performer
PASS

CLSratingrating

Celestica Inc.

$79.06
Mid-Cap Stock
Top Performer
0%
PASS

FLEXratingrating

Flex Ltd

$34.46
Large-Cap Stock
0%
Top Performer
PASS

FLEXratingrating

Flex Ltd

$34.46
Large-Cap Stock
Top Performer
0%
PASS

JBLratingrating

Jabil Circuit Inc

$136.42
Large-Cap Stock
0%
PASS

JBLratingrating

Jabil Circuit Inc

$136.42
Large-Cap Stock
0%
PASS

SANMratingrating

Sanmina Corporation

$76.04
Mid-Cap Stock
0%
PASS

SANMratingrating

Sanmina Corporation

$76.04
Mid-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company filings (10-K, 10-Q)
  • Analyst reports
  • Industry publications
  • Company website

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is approximate and may vary depending on the source.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Kimball Electronics

Exchange NASDAQ
Headquaters Jasper, IN, United States
IPO Launch date 2014-11-03
CEO & Director Mr. Richard D. Phillips
Sector Industrials
Industry Electrical Equipment & Parts
Full time employees 7000
Full time employees 7000

Kimball Electronics, Inc. engages in the provision of electronics manufacturing, engineering, and supply chain support services to customers in the automotive, medical, and industrial end markets. The Company also offers contract manufacturing services, including engineering and supply chain support for the production of electronic assemblies and other products, including non-electronic components, medical devices, medical disposables, and precision molded plastics, as well as automation, test, and inspection equipment primarily used in automotive, medical, and industrial applications. In addition, it is also involved in the production and testing of printed circuit board assemblies, as well as clean room assembly, cold chain, and product sterilization management activities. Further, the company offers design services and support, supply chain services and support, rapid prototyping and new product introduction support, product design and process validation and qualification, industrialization and automation of manufacturing processes, reliability testing, aftermarket services, drug delivery devices and solutions with and without electronics, and product life cycle management services, as well as and assembly of medical, automotive, and industrial products. It operates in the United States, China, Mexico, Poland, Romania, Thailand, India, Japan, Vietnam, and internationally. Kimball Electronics, Inc. was founded in 1961 and is headquartered in Jasper, Indiana.

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