KIMBALL ELECTRONICS INC (KE) Stock Fundamental Analysis
USA - NASDAQ:KE - US49428J1097 - Common Stock
26.3 USD
-1.13 (-4.12%)
26.3 USD
0 (0%)
Overall KE gets a fundamental rating of 5 out of 10. We evaluated KE against 123 industry peers in the Electronic Equipment, Instruments & Components industry. KE is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. KE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year KE was profitable.
KE had a positive operating cash flow in the past year.
KE had positive earnings in each of the past 5 years.
In multiple years KE reported negative operating cash flow during the last 5 years.
1.2 Ratios
KE has a Return On Assets (2.22%) which is in line with its industry peers.
KE has a Return On Equity (4.14%) which is comparable to the rest of the industry.
The Return On Invested Capital of KE (6.03%) is better than 61.79% of its industry peers.
KE had an Average Return On Invested Capital over the past 3 years of 7.03%. This is below the industry average of 9.10%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 4.14% | ||
| ROIC | 6.03% |
ROA(3y)2.56%
ROA(5y)3.53%
ROE(3y)5.8%
ROE(5y)7.42%
ROIC(3y)7.03%
ROIC(5y)7.46%
1.3 Margins
KE has a Profit Margin (1.62%) which is in line with its industry peers.
KE's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 4.04%, KE perfoms like the industry average, outperforming 59.35% of the companies in the same industry.
In the last couple of years the Operating Margin of KE has grown nicely.
The Gross Margin of KE (7.42%) is worse than 86.18% of its industry peers.
In the last couple of years the Gross Margin of KE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.04% | ||
| PM (TTM) | 1.62% | ||
| GM | 7.42% |
OM growth 3Y-1.3%
OM growth 5Y1.84%
PM growth 3Y-20.97%
PM growth 5Y-5.52%
GM growth 3Y-3.24%
GM growth 5Y0.12%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KE is destroying value.
Compared to 1 year ago, KE has less shares outstanding
The number of shares outstanding for KE has been reduced compared to 5 years ago.
KE has a better debt/assets ratio than last year.
2.2 Solvency
KE has an Altman-Z score of 3.22. This indicates that KE is financially healthy and has little risk of bankruptcy at the moment.
KE has a Altman-Z score (3.22) which is comparable to the rest of the industry.
The Debt to FCF ratio of KE is 1.19, which is an excellent value as it means it would take KE, only 1.19 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of KE (1.19) is better than 80.49% of its industry peers.
KE has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
KE has a Debt to Equity ratio (0.23) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.19 | ||
| Altman-Z | 3.22 |
ROIC/WACC0.64
WACC9.43%
2.3 Liquidity
KE has a Current Ratio of 2.21. This indicates that KE is financially healthy and has no problem in meeting its short term obligations.
KE has a Current ratio (2.21) which is in line with its industry peers.
A Quick Ratio of 1.34 indicates that KE should not have too much problems paying its short term obligations.
KE's Quick ratio of 1.34 is on the low side compared to the rest of the industry. KE is outperformed by 61.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.93% over the past year.
The Earnings Per Share has been decreasing by -1.15% on average over the past years.
The Revenue for KE has decreased by -29.24% in the past year. This is quite bad
Measured over the past years, KE shows a small growth in Revenue. The Revenue has been growing by 4.37% on average per year.
EPS 1Y (TTM)13.93%
EPS 3Y-2.27%
EPS 5Y-1.15%
EPS Q2Q%122.73%
Revenue 1Y (TTM)-29.24%
Revenue growth 3Y3.28%
Revenue growth 5Y4.37%
Sales Q2Q%-2.31%
3.2 Future
KE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.85% yearly.
Based on estimates for the next years, KE will show a small growth in Revenue. The Revenue will grow by 0.61% on average per year.
EPS Next Y14.06%
EPS Next 2Y14.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.7%
Revenue Next 2Y0.61%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.92 indicates a rather expensive valuation of KE.
Compared to the rest of the industry, the Price/Earnings ratio of KE indicates a somewhat cheap valuation: KE is cheaper than 76.42% of the companies listed in the same industry.
KE is valuated rather cheaply when we compare the Price/Earnings ratio to 25.07, which is the current average of the S&P500 Index.
KE is valuated rather expensively with a Price/Forward Earnings ratio of 17.80.
Based on the Price/Forward Earnings ratio, KE is valued a bit cheaper than the industry average as 69.11% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of KE to the average of the S&P500 Index (34.08), we can say KE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.92 | ||
| Fwd PE | 17.8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KE is valued cheaply inside the industry as 92.68% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, KE is valued cheaper than 95.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.54 | ||
| EV/EBITDA | 7.56 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as KE's earnings are expected to grow with 14.85% in the coming years.
PEG (NY)1.35
PEG (5Y)N/A
EPS Next 2Y14.85%
EPS Next 3YN/A
5. Dividend
5.1 Amount
KE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
26.3
-1.13 (-4.12%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners79.35%
Inst Owner Change7.33%
Ins Owners2.23%
Ins Owner Change10.41%
Market Cap641.46M
Revenue(TTM)1.48B
Net Income(TTM)23.89M
Analysts81.67
Price Target30.35 (15.4%)
Short Float %3.54%
Short Ratio3.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)104.52%
Min EPS beat(2)83.32%
Max EPS beat(2)125.71%
EPS beat(4)4
Avg EPS beat(4)68.03%
Min EPS beat(4)25.13%
Max EPS beat(4)125.71%
EPS beat(8)4
Avg EPS beat(8)23.32%
EPS beat(12)5
Avg EPS beat(12)14.08%
EPS beat(16)6
Avg EPS beat(16)4.64%
Revenue beat(2)2
Avg Revenue beat(2)7.87%
Min Revenue beat(2)4.88%
Max Revenue beat(2)10.87%
Revenue beat(4)3
Avg Revenue beat(4)4.92%
Min Revenue beat(4)-3.63%
Max Revenue beat(4)10.87%
Revenue beat(8)3
Avg Revenue beat(8)-0.25%
Revenue beat(12)6
Avg Revenue beat(12)0.05%
Revenue beat(16)7
Avg Revenue beat(16)-0.79%
PT rev (1m)6.73%
PT rev (3m)50.63%
EPS NQ rev (1m)-4.78%
EPS NQ rev (3m)21.46%
EPS NY rev (1m)-1.76%
EPS NY rev (3m)30.9%
Revenue NQ rev (1m)-0.29%
Revenue NQ rev (3m)-0.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.92 | ||
| Fwd PE | 17.8 | ||
| P/S | 0.43 | ||
| P/FCF | 5.54 | ||
| P/OCF | 4.38 | ||
| P/B | 1.11 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | 7.56 |
EPS(TTM)1.39
EY5.29%
EPS(NY)1.48
Fwd EY5.62%
FCF(TTM)4.75
FCFY18.05%
OCF(TTM)6.01
OCFY22.84%
SpS60.6
BVpS23.66
TBVpS23.31
PEG (NY)1.35
PEG (5Y)N/A
Graham Number27.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 4.14% | ||
| ROCE | 7.8% | ||
| ROIC | 6.03% | ||
| ROICexc | 6.69% | ||
| ROICexgc | 6.77% | ||
| OM | 4.04% | ||
| PM (TTM) | 1.62% | ||
| GM | 7.42% | ||
| FCFM | 7.83% |
ROA(3y)2.56%
ROA(5y)3.53%
ROE(3y)5.8%
ROE(5y)7.42%
ROIC(3y)7.03%
ROIC(5y)7.46%
ROICexc(3y)7.68%
ROICexc(5y)8.47%
ROICexgc(3y)7.84%
ROICexgc(5y)8.83%
ROCE(3y)9.09%
ROCE(5y)9.64%
ROICexgc growth 3Y-4.11%
ROICexgc growth 5Y-3.6%
ROICexc growth 3Y-3%
ROICexc growth 5Y-2.41%
OM growth 3Y-1.3%
OM growth 5Y1.84%
PM growth 3Y-20.97%
PM growth 5Y-5.52%
GM growth 3Y-3.24%
GM growth 5Y0.12%
F-Score6
Asset Turnover1.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.19 | ||
| Debt/EBITDA | 1.36 | ||
| Cap/Depr | 83.22% | ||
| Cap/Sales | 2.08% | ||
| Interest Coverage | 4.51 | ||
| Cash Conversion | 151.65% | ||
| Profit Quality | 484.78% | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 3.22 |
F-Score6
WACC9.43%
ROIC/WACC0.64
Cap/Depr(3y)164.89%
Cap/Depr(5y)172.92%
Cap/Sales(3y)3.33%
Cap/Sales(5y)3.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.93%
EPS 3Y-2.27%
EPS 5Y-1.15%
EPS Q2Q%122.73%
EPS Next Y14.06%
EPS Next 2Y14.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-29.24%
Revenue growth 3Y3.28%
Revenue growth 5Y4.37%
Sales Q2Q%-2.31%
Revenue Next Year-2.7%
Revenue Next 2Y0.61%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-29.5%
EBIT growth 3Y1.94%
EBIT growth 5Y6.29%
EBIT Next Year63.43%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y597.02%
FCF growth 3YN/A
FCF growth 5Y34.53%
OCF growth 1Y147.51%
OCF growth 3YN/A
OCF growth 5Y20.37%
KIMBALL ELECTRONICS INC / KE FAQ
What is the fundamental rating for KE stock?
ChartMill assigns a fundamental rating of 5 / 10 to KE.
What is the valuation status of KIMBALL ELECTRONICS INC (KE) stock?
ChartMill assigns a valuation rating of 5 / 10 to KIMBALL ELECTRONICS INC (KE). This can be considered as Fairly Valued.
How profitable is KIMBALL ELECTRONICS INC (KE) stock?
KIMBALL ELECTRONICS INC (KE) has a profitability rating of 4 / 10.
What are the PE and PB ratios of KIMBALL ELECTRONICS INC (KE) stock?
The Price/Earnings (PE) ratio for KIMBALL ELECTRONICS INC (KE) is 18.92 and the Price/Book (PB) ratio is 1.11.
What is the expected EPS growth for KIMBALL ELECTRONICS INC (KE) stock?
The Earnings per Share (EPS) of KIMBALL ELECTRONICS INC (KE) is expected to grow by 14.06% in the next year.