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Kimball Electronics Inc   (KE)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 
Price: $20.3300 $-0.27 -1.311%
Day's High: $20.7 Week Perf: -5.31 %
Day's Low: $ 20.13 30 Day Perf: -4.15 %
Volume (M): 351 52 Wk High: $ 31.43
Volume (M$): $ 7,142 52 Wk Avg: $25.24
Open: $20.36 52 Wk Low: $19.52



 Market Capitalization (Millions $) 513
 Shares Outstanding (Millions) 25
 Employees 5,700
 Revenues (TTM) (Millions $) 1,840
 Net Income (TTM) (Millions $) 55
 Cash Flow (TTM) (Millions $) 14
 Capital Exp. (TTM) (Millions $) 73

Kimball Electronics Inc

Kimball Electronics was founded in 1961 and was incorporated in 1998. We are a global provider of contract electronic manufacturing services, including engineering and supply chain support, to customers in the automotive, medical, industrial, and public safety end markets. We offer a package of value that begins with our core competency of producing “durable electronics” and have expanded into diversified contract manufacturing services for non-electronic components, medical disposables, plastics, and metal fabrication. This package of value includes our set of robust processes and procedures that help us ensure that we deliver the highest levels of quality, reliability, and service throughout the entire life cycle of our customers’ products. We believe our customers appreciate our body of knowledge as it relates to the design and manufacture of their products that require durability, reliability, the highest levels of quality control, and regulatory compliance. We deliver award-winning service from our highly integrated global footprint which is enabled by a largely common operating system, a standardization strategy, global procedures, and teamwork. Our Customer Relationship Management (“CRM”) model is key to providing our customers convenient access to our global footprint and all of our services throughout the entire product life cycle, making us easy to do business with. Because our customers are in businesses where engineering changes must be tightly controlled and long product life cycles are common, our track record of quality, financial stability, social responsibility, and commitment to long-term relationships is important to them.

We have been producing safety critical electronic assemblies for our automotive customers for over 30 years. During this time, we have built up a body of knowledge that has not only proven to be valuable to our automotive customers, but to our medical, industrial, and public safety customers as well. We have been successful in growing and diversifying our business by leveraging our automotive experience and know-how in the areas of design and process validation, traceability, process and change control, and lean manufacturing to create valuable and innovative solutions for new customers in the medical, industrial, and public safety end market verticals. These solutions include diversified contract manufacturing services as we now offer our customers design engineering and manufacturing expertise in precision metals and plastics. We have harmonized our quality systems to be compliant with various important industry certifications and regulatory requirements. This allows us to take advantage of other strategic points of leverage in the supply chain and within our operations so we can cost-effectively manufacture electronic and non-electronic products in the same production facility for customers from all four of our end market verticals.

Many of our customers are multinational companies that sell their products in multiple regions of the world. For these customers, it is important for them to be able to leverage their investment in their supply partner relationships such that the same partner provides them with engineering, manufacturing, and supply chain support in multiple regions of the world. It is common for us to manufacture the same product for the same customer in multiple locations. Our strategy for expanding our global footprint has aligned us with the preferences of the customers in our four end market verticals and has positioned us well to support their global growth initiatives. Our global systems, procedures, processes, and teamwork combined with our CRM model have allowed us to accomplish this goal for many of our largest customers.


Our global processes and central functions that support component sourcing, procurement, quoting, and customer pricing provide commonality and consistency among the various regions in which we operate. We have a central, global sourcing organization that utilizes procurement processes and practices to help secure sources from around the world and to ensure sufficient availability of components and a uniform approach to pricing while leveraging the purchase volume of the entire organization. Customer pricing for all of the products we produce is managed centrally utilizing a standardized quoting model regardless of where our customers request their products to be produced.


Our CRM model combines members of our team from within our manufacturing facilities and members of our business development team who reside remotely and nearer to our customers around the world. We also have cross functional teams in the areas of quality, operational excellence, quoting, and design engineering with representatives from our various locations that provide support to our teams on a global basis. The skill sets of these team members and the clarity in their roles and responsibilities help provide our customers with a strong conduit that is critical to execution and forming a strong relationship. We have institutionalized a customer scorecard process that provides all levels of our company with valuable feedback that helps us drive the actions for continuous improvement. Our customer scorecard process has helped us deliver award-winning service and build loyalty with our customers.



   Company Address: 1205 Kimball Boulevard Jasper 47546 IN
   Company Phone Number: 634-4000   Stock Exchange / Ticker: NASDAQ KE
   


Customers Net Income grew by KE's Customers Net Profit Margin grew to

14.09 %

21.14 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
JBL   -16.99%    
KTCC        3.55% 
OSIS        1.04% 
PLXS   -1.86%    
SANM   -9.99%    
SGMA        6.1% 
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Kimball Electronics Inc

Strong profit decline at KE: Earnings per Share plunge by -23.26% throughout Q2 of 2024

Investors are closely monitoring Kimball Electronics Inc's performance after the release of soft results for the fiscal second quarter of 2024. The company reported a decrease in both revenue and income, with revenue falling by -3.613% to $420.43 million and income dropping by -23.26% to $0.33 per share compared to the previous year.
Net earnings also saw a decline, falling by -22.67% to $8.290 million in the fiscal second quarter of 2024. Operating margin and net margin also shrank, indicating potential challenges ahead for the company.

Kimball Electronics Inc

Kimball Electronics Inc Surges Ahead with Impressive 13.16% Increase in Income



Kimball Electronics Inc has showcased impressive financial results in the first quarter of 2024, outperforming many businesses in the Semiconductors sector. Despite facing challenges from diminishing businesses and retracting revenues, the company's revenue, income per share, and net earnings have all shown considerable growth compared to the previous year. Additionally, Kimball Electronics Inc has successfully improved its profit margins and managed to increase its operating earnings. These positive developments have led to a significant gain in the company's stock value.
Financial Results and Analysis:
1. Revenue: In the financial period ending September 30, 2023, Kimball Electronics Inc experienced a 7.95% increase in revenue, generating $437.54 million compared to $405.32 million in the previous year's quarter.
- This growth is noteworthy considering the struggles faced by other companies in the Semiconductors sector.

Kimball Electronics Inc

Kimball Electronics Inc Sets New Record with a Whopping 225% Surge in Profits for the Most Recent Fiscal Period

Kimball Electronics Inc (KE) has recently reported an increase in its inventory turnover ratio for the fourth quarter of 2023, reaching 3.56. Although this shows an improvement, it remains below the industry average, indicating that KE continues to face challenges in its market.
Furthermore, KE's average inventory processing period for the June 30, 2023 quarter decreased to 103 days compared to 107 days in the previous quarter. While this may seem positive, it is important to note that 132 companies in the Technology sector have higher inventory turnover ratios than KE.

Kimball Electronics Inc

Kimball Electronics Inc Surges Ahead with Extraordinary Financial Results, Outperforming Peers in the Semiconductors Sector

Kimball Electronics Inc (KE) has reported strong financial results for its fiscal interval ending June 30, 2023, showcasing significant growth in income per share and revenue. The company's income per share increased by an impressive 93.27% to $0.77 compared to the previous year, while revenue grew by 33.542% to $497.68 million.
This positive performance makes KE stand out in the Semiconductors sector, as most of its peers in the sector experienced a decline in revenue over the same period. In the previous reporting period, KE reported revenue of $483.97 million and $0.65 per share.






 

Kimball Electronics Inc's Segments
 
 
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