Kimball Electronics (KE)
Market Price (12/18/2025): $28.31 | Market Cap: $696.4 MilSector: Industrials | Industry: Electrical Components & Equipment
Kimball Electronics (KE)
Market Price (12/18/2025): $28.31Market Cap: $696.4 MilSector: IndustrialsIndustry: Electrical Components & Equipment
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldFCF Yield is 16% | Weak multi-year price returns2Y Excs Rtn is -31%, 3Y Excs Rtn is -52% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -10%, Rev Chg QQuarterly Revenue Change % is -2.3% |
| Low stock price volatilityVol 12M is 48% | Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 88% | |
| Megatrend and thematic driversMegatrends include Automation & Robotics, Electric Vehicles & Autonomous Driving, and Digital Health & Telemedicine. Themes include Factory Automation, Show more. | Key risksKE key risks include [1] downwardly revised revenue projections and recent sales declines, Show more. |
| Attractive yieldFCF Yield is 16% |
| Low stock price volatilityVol 12M is 48% |
| Megatrend and thematic driversMegatrends include Automation & Robotics, Electric Vehicles & Autonomous Driving, and Digital Health & Telemedicine. Themes include Factory Automation, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -31%, 3Y Excs Rtn is -52% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -10%, Rev Chg QQuarterly Revenue Change % is -2.3% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 88% |
| Key risksKE key risks include [1] downwardly revised revenue projections and recent sales declines, Show more. |
Valuation, Metrics & Events
KE Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are the key points for the movement of Kimball Electronics (KE) stock from approximately August 31, 2025, to December 18, 2025:
1. Q3 2025 Earnings Report and Revenue Decline
On November 6, 2025, Kimball Electronics reported its third-quarter 2025 financial results. Despite adjusted earnings per share (EPS) of $0.49 surpassing analyst forecasts, net sales declined by 2.3% year-over-year, reaching $365.6 million. This revenue contraction prompted an 11.1% drop in the stock on the day of the announcement, as investors prioritized concerns about top-line performance and long-term growth over the profit beat.
2. Persistent Industry Headwinds and Sales Weakness
Kimball Electronics continued to contend with a cyclical downturn impacting the Electrical Systems industry, contributing to ongoing sales weakness. This broader industry challenge was evident in the 11.6% year-on-year revenue decline reported for Q2 CY2025 (in August 2025) and its continued impact into Q3.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| KE Return | -9% | 36% | 4% | 19% | -31% | 56% | 67% |
| Peers Return | 8% | 32% | 12% | 57% | 78% | 85% | 723% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 14% | 108% |
Monthly Win Rates [3] | |||||||
| KE Win Rate | 50% | 58% | 50% | 50% | 33% | 42% | |
| Peers Win Rate | 57% | 58% | 55% | 62% | 65% | 62% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| KE Max Drawdown | -42% | 0% | -22% | -12% | -36% | -31% | |
| Peers Max Drawdown | -54% | -7% | -22% | -11% | -10% | -24% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: JBL, FLEX, SANM, CLS, PLXS. See KE Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/17/2025 (YTD)
How Low Can It Go
| Event | KE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -44.7% | -25.4% |
| % Gain to Breakeven | 80.7% | 34.1% |
| Time to Breakeven | 477 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -43.0% | -33.9% |
| % Gain to Breakeven | 75.6% | 51.3% |
| Time to Breakeven | 288 days | 148 days |
| 2018 Correction | ||
| % Loss | -43.3% | -19.8% |
| % Gain to Breakeven | 76.5% | 24.7% |
| Time to Breakeven | 519 days | 120 days |
Compare to JBL, PLXS, MLAB, NSYS, AIGO
In The Past
Kimball Electronics's stock fell -44.7% during the 2022 Inflation Shock from a high on 11/3/2021. A -44.7% loss requires a 80.7% gain to breakeven.
Preserve Wealth
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Asset Allocation
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Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select past ideas related to KE. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 19.8% | 19.8% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.2% | 2.2% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 5.9% | 5.9% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 4.2% | 4.2% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 1.5% | 1.5% | 0.0% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 19.8% | 19.8% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.2% | 2.2% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 5.9% | 5.9% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 4.2% | 4.2% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 1.5% | 1.5% | 0.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Kimball Electronics
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 146.11 |
| Mkt Cap | 14.7 |
| Rev LTM | 9,705 |
| Op Inc LTM | 675 |
| FCF LTM | 436 |
| FCF 3Y Avg | 256 |
| CFO LTM | 586 |
| CFO 3Y Avg | 403 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.3% |
| Rev Chg 3Y Avg | 1.7% |
| Rev Chg Q | 3.9% |
| QoQ Delta Rev Chg LTM | 1.0% |
| Op Mgn LTM | 4.9% |
| Op Mgn 3Y Avg | 4.8% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 6.3% |
| CFO/Rev 3Y Avg | 5.6% |
| FCF/Rev LTM | 4.2% |
| FCF/Rev 3Y Avg | 3.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.7 |
| P/S | 0.8 |
| P/EBIT | 19.6 |
| P/E | 27.9 |
| P/CFO | 13.5 |
| Total Yield | 3.6% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 6.1% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 5.6% |
| 3M Rtn | 9.7% |
| 6M Rtn | 42.9% |
| 12M Rtn | 64.9% |
| 3Y Rtn | 178.5% |
| 1M Excs Rtn | 4.9% |
| 3M Excs Rtn | 5.0% |
| 6M Excs Rtn | 30.5% |
| 12M Excs Rtn | 51.0% |
| 3Y Excs Rtn | 96.8% |
Comparison Analyses
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/5/2025 | -7.3% | -3.1% | -1.7% |
| 8/13/2025 | 17.8% | 30.8% | 45.9% |
| 5/6/2025 | 24.9% | 26.0% | 26.0% |
| 2/4/2025 | 0.7% | -6.7% | -7.2% |
| 11/4/2024 | 6.0% | 12.3% | 6.0% |
| 8/14/2024 | -2.5% | 0.1% | -0.9% |
| 5/7/2024 | 2.6% | 3.1% | -1.4% |
| 2/5/2024 | -14.1% | -7.9% | -8.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 14 | 11 |
| # Negative | 12 | 10 | 13 |
| Median Positive | 5.6% | 5.8% | 18.9% |
| Median Negative | -5.1% | -6.0% | -6.9% |
| Max Positive | 24.9% | 30.8% | 45.9% |
| Max Negative | -14.1% | -12.5% | -33.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11062025 | 10-Q 9/30/2025 |
| 6302025 | 8222025 | 10-K 6/30/2025 |
| 3312025 | 5072025 | 10-Q 3/31/2025 |
| 12312024 | 2062025 | 10-Q 12/31/2024 |
| 9302024 | 11062024 | 10-Q 9/30/2024 |
| 6302024 | 8232024 | 10-K 6/30/2024 |
| 3312024 | 5082024 | 10-Q 3/31/2024 |
| 12312023 | 2062024 | 10-Q 12/31/2023 |
| 9302023 | 11072023 | 10-Q 9/30/2023 |
| 6302023 | 8242023 | 10-K 6/30/2023 |
| 3312023 | 5052023 | 10-Q 3/31/2023 |
| 12312022 | 2072023 | 10-Q 12/31/2022 |
| 9302022 | 11082022 | 10-Q 9/30/2022 |
| 6302022 | 8302022 | 10-K 6/30/2022 |
| 3312022 | 5062022 | 10-Q 3/31/2022 |
| 12312021 | 2082022 | 10-Q 12/31/2021 |
External Quote Links
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| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |