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Kimball Electronics Inc   (NASDAQ: KE)
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 
Price: $24.8400 $0.40 1.637%
Day's High: $25 Week Perf: 5.17 %
Day's Low: $ 24.41 30 Day Perf: -5.91 %
Volume (M): 59,170 52 Wk High: $ 33.19
Volume (M$): $ 0 52 Wk Avg: $26.86
Open: $24.41 52 Wk Low: $21.01



 Market Capitalization (Millions $) 615
 Shares Outstanding (Millions) 25
 Employees 5,600
 Revenues (TTM) (Millions $) 1,430
 Net Income (TTM) (Millions $) 28
 Cash Flow (TTM) (Millions $) -5
 Capital Exp. (TTM) (Millions $) 52

Business Description


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

35.36 %

18.07 %

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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BHE        0.65% 
FLEX   -1.22%    
JBL        2.82% 
OSIS   -1.33%    
SANM        0.8% 
CETX   -3.09%    
• View Complete Report
   



Business Update

Kimball Electronics Powering Ahead with Sustainability and Business Growth in 2024,

Published Tue, Apr 1 2025 4:33 AM UTC

Sustainability and Sales: Kimball Electronics Robust 2024 Report Kimball Electronics, Inc. one of the leading companies in the electronics manufacturing services sector, has made significant strides in sustainability. The Jasper, Indiana-based company recently released its 2024 Guiding Principles Report, which highlights its ongoing commitment to environmental, social, and ...

Business Update

Kimball Electronics Secures Top Honors in CIRCUITS ASSEMBLYs 2024 Service Excellence Awards Amidst Dynamic Market Co...

Published Thu, Nov 21 2024 10:47 PM UTC

Kimball Electronics, Inc. (Nasdaq: KE) recently achieved significant recognition in the electronics assembly industry, highlighted by winning the Highest Overall Customer Ratings in seven critical categories of the CIRCUITS ASSEMBLY s 2024 Service Excellence Awards. This prestigious accolade underscores Kimball Electronics commitment to excellence and innovation in a highly...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 22.18
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.43
Price to Sales (Expected) -
Price to Book 1.05
PEG (TTM) 0.33

Financial Strength Current
Quick Ratio 0.28
Working Capital Ratio 2.09
Leverage Ratio (MRQ) 0.87
Total Debt to Equity 0.21
Interest Coverage (TTM) 18.07
Debt Coverage (TTM) 0.8

Per Share Current
Earnings (TTM) 1.12 $
Revenues (TTM) 57.74 $
Cash Flow (TTM) -
Cash 3.77 $
Book Value 23.62 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 255,374
Net Income per Employee (TTM) 4,992
Receivable Turnover Ratio (TTM) 6.4
Inventory Turnover Ratio (TTM) 4.81
Asset Turnover Ratio (TTM) 1.24

Profitability Ratios Current
Gross Margin (MRQ) 8.87 %
Operating Margin (MRQ) 7.83 %
Net Margin (MRQ) 2.29 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) 47.46 %

Management Effectiveness Current
Return On Assets (TTM) 2.42 %
Return On Investment (TTM) 3.84 %
Return On Equity (TTM) 4.84 %
Dividend Yield -
Pay out Ratio (TTM) -



Kimball Electronics Inc's Segments
Automotive    176.79 % of total Revenue
Medical    111.1 % of total Revenue
Industrial    97.34 % of total Revenue
Business Unit Operations    385.22 % of total Revenue
Consolidation, Eliminations    -6.97 % of total Revenue
Mexico    96.81 % of total Revenue
United States    79.02 % of total Revenue
Poland    77.68 % of total Revenue
China    63.65 % of total Revenue
Thailand    42.69 % of total Revenue
Other Foreign    25.38 % of total Revenue

  Kimball Electronics Inc Outlook

On August 14 2024 the Kimball Electronics Inc provided following guidance

nnKimball Electronics, Inc. Provides Insight into Q4 Financial Performance and Outlines Fiscal 2025 Guidancenn

nnJASPER, Ind. – August 14, 2024nn – Kimball Electronics, Inc. (Nasdaq: KE) has officially released its financial results for both the fourth quarter and the entire fiscal year concluding on June 30, 2024. The report highlights notable changes in net sales and operating income compared to the previous year.

In the three months ending June 30, 2024, Kimball Electronics recorded net sales of $430.2 million, a decline from $496.1 million reported in the same quarter of the previous year. For the fiscal year 2024, net sales totaled approximately $1.7 billion, down from $1.82 billi...





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