KIMBALL ELECTRONICS INC (KE) Stock Fundamental Analysis
USA - NASDAQ:KE - US49428J1097 - Common Stock
29.09 USD
+0.02 (+0.05%)
29.09 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to KE. KE was compared to 124 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 is valued correctly, but it does not seem to be growing.
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.
The reported operating cash flow has been mixed in the past 5 years: KE reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.57%, KE is in line with its industry, outperforming 53.23% of the companies in the same industry.
With a Return On Equity value of 2.98%, KE perfoms like the industry average, outperforming 53.23% of the companies in the same industry.
With a Return On Invested Capital value of 5.52%, KE perfoms like the industry average, outperforming 59.68% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KE is below the industry average of 9.48%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.57% | ||
| ROE | 2.98% | ||
| ROIC | 5.52% |
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's Profit Margin of 1.14% is in line compared to the rest of the industry. KE outperforms 51.61% of its industry peers.
KE's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.64%, KE is in line with its industry, outperforming 58.06% of the companies in the same industry.
In the last couple of years the Operating Margin of KE has grown nicely.
KE has a worse Gross Margin (7.02%) than 84.68% 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 | 3.64% | ||
| PM (TTM) | 1.14% | ||
| GM | 7.02% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KE is destroying value.
Compared to 1 year ago, KE has less shares outstanding
KE has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, KE has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.24 indicates that KE is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.24, KE is in line with its industry, outperforming 50.81% of the companies in the same industry.
The Debt to FCF ratio of KE is 0.98, which is an excellent value as it means it would take KE, only 0.98 years of fcf income to pay off all of its debts.
KE has a better Debt to FCF ratio (0.98) than 80.65% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that KE is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.23, KE is in line with its industry, outperforming 41.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 0.98 | ||
| Altman-Z | 3.24 |
ROIC/WACC0.58
WACC9.45%
2.3 Liquidity
KE has a Current Ratio of 2.20. This indicates that KE is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.20, KE perfoms like the industry average, outperforming 48.39% of the companies in the same industry.
KE has a Quick Ratio of 1.34. This is a normal value and indicates that KE is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of KE (1.34) is worse than 62.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.2 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
The earnings per share for KE have decreased strongly by -21.68% in the last year.
The Earnings Per Share has been decreasing by -1.15% on average over the past years.
The Revenue for KE has decreased by -30.93% 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)-21.68%
EPS 3Y-2.27%
EPS 5Y-1.15%
EPS Q2Q%3.03%
Revenue 1Y (TTM)-30.93%
Revenue growth 3Y3.28%
Revenue growth 5Y4.37%
Sales Q2Q%-11.55%
3.2 Future
Based on estimates for the next years, KE will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.85% on average per year.
The Revenue is expected to grow by 0.61% on average over the next years.
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
With a Price/Earnings ratio of 25.97, KE can be considered very expensive at the moment.
68.55% of the companies in the same industry are more expensive than KE, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of KE to the average of the S&P500 Index (26.51), we can say KE is valued inline with the index average.
With a Price/Forward Earnings ratio of 22.77, KE is valued on the expensive side.
66.94% of the companies in the same industry are more expensive than KE, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.53, KE is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.97 | ||
| Fwd PE | 22.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KE is valued cheaply inside the industry as 91.94% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KE indicates a rather cheap valuation: KE is cheaper than 96.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.72 | ||
| EV/EBITDA | 8.43 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive 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)1.85
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 |
29.09
+0.02 (+0.05%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners79.35%
Inst Owner Change0.19%
Ins Owners2.23%
Ins Owner Change7.6%
Market Cap709.51M
Revenue(TTM)1.49B
Net Income(TTM)16.96M
Analysts81.67
Price Target30.35 (4.33%)
Short Float %2.9%
Short Ratio2.52
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)81.84%
Min EPS beat(2)37.97%
Max EPS beat(2)125.71%
EPS beat(4)3
Avg EPS beat(4)42.16%
Min EPS beat(4)-20.15%
Max EPS beat(4)125.71%
EPS beat(8)3
Avg EPS beat(8)12.65%
EPS beat(12)4
Avg EPS beat(12)5.39%
EPS beat(16)5
Avg EPS beat(16)-5.71%
Revenue beat(2)2
Avg Revenue beat(2)9.22%
Min Revenue beat(2)7.58%
Max Revenue beat(2)10.87%
Revenue beat(4)2
Avg Revenue beat(4)2.94%
Min Revenue beat(4)-3.63%
Max Revenue beat(4)10.87%
Revenue beat(8)2
Avg Revenue beat(8)-1.6%
Revenue beat(12)6
Avg Revenue beat(12)-0.18%
Revenue beat(16)7
Avg Revenue beat(16)-1.09%
PT rev (1m)6.73%
PT rev (3m)50.63%
EPS NQ rev (1m)-3.89%
EPS NQ rev (3m)33.08%
EPS NY rev (1m)-1.76%
EPS NY rev (3m)30.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.97 | ||
| Fwd PE | 22.77 | ||
| P/S | 0.48 | ||
| P/FCF | 4.72 | ||
| P/OCF | 3.86 | ||
| P/B | 1.24 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 8.43 |
EPS(TTM)1.12
EY3.85%
EPS(NY)1.28
Fwd EY4.39%
FCF(TTM)6.16
FCFY21.18%
OCF(TTM)7.54
OCFY25.92%
SpS60.96
BVpS23.37
TBVpS23.01
PEG (NY)1.85
PEG (5Y)N/A
Graham Number24.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.57% | ||
| ROE | 2.98% | ||
| ROCE | 7.13% | ||
| ROIC | 5.52% | ||
| ROICexc | 6.25% | ||
| ROICexgc | 6.33% | ||
| OM | 3.64% | ||
| PM (TTM) | 1.14% | ||
| GM | 7.02% | ||
| FCFM | 10.11% |
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-Score5
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 0.98 | ||
| Debt/EBITDA | 1.42 | ||
| Cap/Depr | 91.03% | ||
| Cap/Sales | 2.27% | ||
| Interest Coverage | 2.98 | ||
| Cash Conversion | 201.85% | ||
| Profit Quality | 885.72% | ||
| Current Ratio | 2.2 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 3.24 |
F-Score5
WACC9.45%
ROIC/WACC0.58
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)-21.68%
EPS 3Y-2.27%
EPS 5Y-1.15%
EPS Q2Q%3.03%
EPS Next Y14.06%
EPS Next 2Y14.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-30.93%
Revenue growth 3Y3.28%
Revenue growth 5Y4.37%
Sales Q2Q%-11.55%
Revenue Next Year-2.7%
Revenue Next 2Y0.61%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-42.42%
EBIT growth 3Y1.94%
EBIT growth 5Y6.29%
EBIT Next Year63.43%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y474.02%
FCF growth 3YN/A
FCF growth 5Y34.53%
OCF growth 1Y151.22%
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 4 / 10 to KE.
What is the valuation status of KIMBALL ELECTRONICS INC (KE) stock?
ChartMill assigns a valuation rating of 4 / 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 25.97 and the Price/Book (PB) ratio is 1.24.
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.