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.
Strategic Pivot | Kimball Electronics divests ATM business, refocusing on core competencies amid revenue challenges and increased competition in key segments |
Medical Momentum | New higher-level assembly win in Medical segment offers growth potential, starting production in fiscal year 2026 and diversifying revenue streams |
Automotive Setbacks | Loss of major braking program impacts growth, but new European wins set to ramp up in 2025 may offset some losses in this cyclical market |
Financial Outlook | FY25 revenue projected at $1.49B, below estimates. 4.25% adjusted operating margin and $22 price target reflect focus on efficiency amid headwinds |
Metrics to compare | KE | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipKEPeersSector | |
---|---|---|---|---|
P/E Ratio | 36.7x | 26.3x | 11.2x | |
PEG Ratio | −0.47 | −0.35 | 0.01 | |
Price/Book | 0.9x | 0.8x | 2.4x | |
Price / LTM Sales | 0.3x | 0.8x | 2.1x | |
Upside (Analyst Target) | 22.6% | 49.3% | 19.1% | |
Fair Value Upside | Unlock | −2.8% | 3.7% | Unlock |