Tearsheet

Kimball Electronics (KE)

Market Price (12/4/2025): $29.21 | Market Cap: $718.6 Mil
Sector: Industrials | Industry: Electrical Components & Equipment

Kimball Electronics (KE)

Market Price (12/4/2025): $29.21
Market Cap: $718.6 Mil
Sector: Industrials
Industry: 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

0	Attractive yield FCF Yield is 16%	Weak multi-year price returns 2Y Excs Rtn is -32%, 3Y Excs Rtn is -42%	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -10%, Rev Chg QQuarterly Revenue Change % is -2.3%
1	Low stock price volatility Vol 12M is 48%		Valuation getting more expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 88%
2	Megatrend and thematic drivers Megatrends include Automation & Robotics, Electric Vehicles & Autonomous Driving, and Digital Health & Telemedicine. Themes include Factory Automation, Show more.

0	Attractive yield FCF Yield is 16%
1	Low stock price volatility Vol 12M is 48%
2	Megatrend and thematic drivers Megatrends include Automation & Robotics, Electric Vehicles & Autonomous Driving, and Digital Health & Telemedicine. Themes include Factory Automation, Show more.
3	Weak multi-year price returns 2Y Excs Rtn is -32%, 3Y Excs Rtn is -42%
4	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -10%, Rev Chg QQuarterly Revenue Change % is -2.3%
5	Valuation getting more expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 88%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022
Share Price CYE	$29.21	$18.73	$26.95	$22.59
Market Cap CYE ($ Mil)	718.6	465.8	676.3	562.1
Total Debt ($ Mil)	137.5	147.1	294.8	281.5
Total Cash ($ Mil)	75.7	88.8	78.0	43.0
Enterprise Value ($ Mil)	780.4	612.9	971.1	843.6
Valuation Ratios
P/S TTM	0.5	0.3	0.4	0.3
P/EBIT TTM	15.8	11.3	14.1	6.2
P/E TTM	30.7	27.3	33.0	10.1
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0	0.0

	12/4/25	2024
Share Price CYE	$29.21	$18.73
Market Cap CYE ($ Mil)	718.6	465.8
Total Debt ($ Mil)	137.5	147.1
Total Cash ($ Mil)	75.7	88.8
Enterprise Value ($ Mil)	780.4	612.9
Valuation Ratios
P/S TTM	0.5	0.3
P/EBIT TTM	15.8	11.3
P/E TTM	30.7	27.3
Sector Ratios
P/S TTM (Sector)	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0
P/E TTM (Sector)	0.0	0.0

	KE	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	1.5
Rev Chg Q	-2.3%	7.1%
Rev Chg LTM	-10.5%	6.1%
Rev Chg 3Y Avg	1.8%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	0.1
CFO LTM ($ Bil)	0.1
Net Inc LTM ($ Bil)	0.0
Op Mgn LTM	4.0%	18.8%
CFO/Rev LTM	9.9%	20.5%
Net Inc Mgn	1.6%	13.1%
VALUATION	MODERATE
P/S	0.5	3.2
P/CFO	5.0	15.8
P/FCF	6.3	20.5
P/E	30.7	23.5
STABILITY	GOOD
Debt/Equity	0.19	0.20
Cash/Assets	0.07	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Open Orders	642 million	6302025	Link
Cash Conversion Days (CCD)	83	9302025	Link

Upcoming
2/03/2026	Earnings Release	Rev: $339 Mil (E) EPS: $0.28 (E)

KE Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points for why Kimball Electronics (KE) stock moved by approximately 1.1% between August 31, 2025, and December 4, 2025:

1. Kimball Electronics reported strong first-quarter fiscal year 2026 earnings on November 5, 2025, significantly exceeding analysts' expectations for both earnings per share and revenue.

2. The company intensified its focus on strategic development and the high-margin medical contract manufacturing organization (CMO) segment, highlighted by the appointment of Andrew D. Regrut to lead strategic development efforts on December 2, 2025.

Stock Movement Drivers

Fundamental Drivers

The -0.3% change in KE stock from 9/3/2025 to 12/3/2025 was primarily driven by a -29.0% change in the company's P/E Multiple.

	9032025	12032025	Change
Stock Price ($)	29.28	29.20	-0.27%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1486.73	1478.07	-0.58%
Net Income Margin (%)	1.14%	1.62%	41.64%
P/E Multiple	42.33	30.04	-29.04%
Shares Outstanding (Mil)	24.55	24.60	-0.20%
Cumulative Contribution			-0.27%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
KE	-0.3%
Market (SPY)	6.2%	54.5%
Sector (XLI)	2.9%	45.9%

Fundamental Drivers

The 59.1% change in KE stock from 6/4/2025 to 12/3/2025 was primarily driven by a 38.5% change in the company's Net Income Margin (%).

	6042025	12032025	Change
Stock Price ($)	18.35	29.20	59.13%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1536.41	1478.07	-3.80%
Net Income Margin (%)	1.17%	1.62%	38.53%
P/E Multiple	25.28	30.04	18.79%
Shares Outstanding (Mil)	24.73	24.60	0.52%
Cumulative Contribution			59.12%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
KE	59.1%
Market (SPY)	15.1%	40.1%
Sector (XLI)	7.6%	26.1%

Fundamental Drivers

The 47.9% change in KE stock from 12/3/2024 to 12/3/2025 was primarily driven by a 106.9% change in the company's Net Income Margin (%).

	12032024	12032025	Change
Stock Price ($)	19.74	29.20	47.92%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1650.68	1478.07	-10.46%
Net Income Margin (%)	0.78%	1.62%	106.87%
P/E Multiple	38.19	30.04	-21.36%
Shares Outstanding (Mil)	24.98	24.60	1.52%
Cumulative Contribution			47.89%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
KE	47.9%
Market (SPY)	14.3%	48.0%
Sector (XLI)	9.8%	43.7%

Fundamental Drivers

The 24.8% change in KE stock from 12/4/2022 to 12/3/2025 was primarily driven by a 97.5% change in the company's P/E Multiple.

	12042022	12032025	Change
Stock Price ($)	23.40	29.20	24.79%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1462.71	1478.07	1.05%
Net Income Margin (%)	2.61%	1.62%	-38.04%
P/E Multiple	15.21	30.04	97.49%
Shares Outstanding (Mil)	24.83	24.60	0.91%
Cumulative Contribution			24.78%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
KE	15.7%
Market (SPY)	53.2%	44.9%
Sector (XLI)	45.4%	46.0%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
KE Return	-9%	36%	4%	19%	-31%	54%	64%
Peers Return	17%	37%	-7%	8%	23%	-9%	83%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
KE Win Rate	50%	58%	50%	50%	33%	40%
Peers Win Rate	58%	60%	42%	56%	54%	40%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
KE Max Drawdown	-42%	0%	-22%	-12%	-36%	-31%
Peers Max Drawdown	-44%	-11%	-30%	-27%	-15%	-34%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: JBL, PLXS, MLAB, NSYS, AIGO. 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 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	KE	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-44.7%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	80.7%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	477 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-43.0%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	75.6%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	288 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-43.3%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	76.5%	24.7%
2018 CorrectionTime to Breakeven	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.

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About Kimball Electronics (KE)

Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. The company's manufacturing services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services. Its manufacturing services also comprise industrialization and automation of manufacturing processes; reliability testing, including testing of products under a series of environmental conditions; production and testing of printed circuit board assemblies; assembly, production, and packaging of medical devices and disposables, and other non-electronic products; drug delivery devices and solutions with and without electronics; design engineering and manufacturing of automation equipment, test and inspection equipment, and precision molded plastics; software design services; and product life cycle management services. The company operates in the United States, China, Mexico, Poland, Romania, Thailand, and Vietnam. Kimball Electronics, Inc. was founded in 1961 and is headquartered in Jasper, Indiana.

AI Generated Analysis | Feedback

Here are 1-2 analogies for Kimball Electronics (KE):

The Foxconn for critical, high-reliability electronics, serving medical devices, automotive, and industrial clients.
A Catalent for electronics manufacturing, providing specialized contract manufacturing services for complex electronic assemblies in regulated industries.

AI Generated Analysis | Feedback

Electronics Manufacturing Services (EMS): Provides comprehensive manufacturing services for complex electronic assemblies and complete product builds across various industries.
Design and Engineering Services: Offers product development, design for manufacturability, and engineering support to help customers bring their product concepts to reality.
Supply Chain Services: Manages global sourcing, procurement, and logistics for components, optimizing material flow and cost efficiency for customer products.
Automation, Test & Measurement: Develops custom automated test systems and provides advanced measurement solutions to ensure the quality and reliability of electronic products.
Precision Plastics and Machining: Delivers custom plastic injection molding and precision machining services for intricate components and housings used in electronic devices.

AI Generated Analysis | Feedback

Kimball Electronics (KE) primarily sells to other companies (B2B), functioning as an electronics manufacturing services (EMS) provider. While Kimball Electronics serves a diverse portfolio of clients, specific individual major customer names are not publicly disclosed in their SEC filings.

According to their Form 10-K for the fiscal year ended June 30, 2023, one customer accounted for approximately 10.3% of total consolidated net sales for fiscal year 2023. However, this specific customer is not named in their public disclosures.

The company generally serves a variety of companies across the following key markets:

Automotive industry companies
Medical industry companies
Industrial industry companies
Public Safety industry companies

AI Generated Analysis | Feedback

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Richard D. Phillips, Chief Executive Officer

Richard D. Phillips was appointed Chief Executive Officer and a Director of Kimball Electronics effective March 1, 2023. He has over 20 years of experience in operations and advisory roles. Prior to joining Kimball Electronics, Mr. Phillips served as President and CEO, and a member of the Board of Directors, for Elkay Manufacturing Company from 2019 to 2022. From 2017 to 2019, he was President, Chief Executive Officer, and a Board member for Essendant, Inc. (formerly United Stationers, Inc.), a Fortune 500 wholesale distributor, where he led the largest restructuring in the company's history. He also held several leadership roles with McKinsey & Company, including co-leading the Pharmaceuticals and Medical Products Operations practice, and was elected Partner in 2005. Mr. Phillips has also served as an independent Director of the Greenheck Group and previously of Follett Corporation. His career began at Baxter Healthcare.

Jana T. Croom, Chief Financial Officer

Jana T. Croom was appointed Chief Financial Officer of Kimball Electronics effective July 1, 2021. She joined the company in January 2021 as Vice President, Finance. Ms. Croom brings more than 20 years of experience in various areas of finance. Before her tenure at Kimball Electronics, she held the position of Vice President of Financial Planning and Analysis for NiSource Inc., one of the largest fully regulated utility companies in the United States. From 2012 through 2019, Ms. Croom also held director roles at NiSource, encompassing operations planning, state finance, and regulatory affairs.

Steven T. Korn, Chief Operating Officer

Steven T. Korn was appointed Chief Operating Officer effective July 1, 2023. He previously served as President, Global Electronics Manufacturing Services Operations since 2020. Mr. Korn joined Kimball Electronics in December 2004 and held the role of Vice President, North American Operations and Global Supply Chain from the company's spin-off in 2014 through 2020. He possesses over 30 years of Electronics Manufacturing Services (EMS) experience in Operations Management, Business Development, and Engineering Management.

Douglas A. Hass, Chief Legal & Administrative Officer, Secretary

Douglas A. Hass was appointed Chief Legal and Administrative Officer and Secretary in 2025. He previously served as Chief Legal and Compliance Officer and Secretary since 2022, having joined Kimball Electronics in 2020 as Associate General Counsel and Assistant Secretary. From 2016 through 2020, Mr. Hass was General Counsel and Secretary of Nasdaq-listed Lifeway Foods. He has 30 years of experience in legal, management, operations, and network security, primarily within technology-intensive telecommunication companies and electronics manufacturers.

Kathy R. Thomson, Chief Commercial Officer

Kathy R. Thomson was appointed Chief Commercial Officer effective July 1, 2023. Before this role, she served as Vice President, Global Business Development and Design Services since 2018. Prior to joining Kimball Electronics, Ms. Thomson was the Vice President of Business Development for Creation Technologies, starting in 2012. She has more than 20 years of Electronics Manufacturing Services experience, with a history of increasing responsibilities at Creation Technologies and Plexus Corp.

AI Generated Analysis | Feedback

The rise of platform-based, automated electronics manufacturing services (Manufacturing-as-a-Service) that leverage AI and digital tools to simplify and accelerate the procurement of electronics assembly. This model, exemplified by companies such as MacroFab, directly challenges the traditional sales and project management engagement model of established EMS providers like Kimball Electronics by offering a more transparent, efficient, and self-service approach to manufacturing outsourcing, potentially disintermediating legacy processes and customer relationships.

AI Generated Analysis | Feedback

Kimball Electronics (symbol: KE) is a global contract manufacturer providing electronics manufacturing services (EMS) across several key markets.

Overall Electronics Manufacturing Services (EMS) Market

The global electronic manufacturing services (EMS) market was valued at approximately USD 626.8 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.1% from 2025 to 2034. Another estimate valued the global EMS market at USD 633.29 billion in 2024, with a projected growth to nearly USD 921.49 billion by 2032 at a CAGR of 4.8%. The Asia Pacific region held the largest share of the EMS market in 2024. North America accounted for 21.5% of the global EMS market in 2024, with the U.S. market specifically valued at USD 121.1 billion in 2024.

Automotive Electronics Manufacturing Services Market

The global market for Automotive Electronic Manufacturing Services was estimated at USD 133.59 billion in 2024 and is expected to reach USD 148.14 billion in 2025. It is projected to grow at a CAGR of 10.75% to reach USD 302.56 billion by 2032. The broader global automotive electronics market (not limited to EMS) was valued at USD 259.63 billion in 2023 and is projected to grow to USD 425.19 billion by 2032, exhibiting a CAGR of 5.4%. In 2023, Asia Pacific dominated the global automotive electronics market with a 43% share. The U.S. automotive electronics market is anticipated to grow at a CAGR of 9.9% from 2024 to 2030.

Medical Devices Electronics Manufacturing Services (EMS) Market

The global Medical Devices Electronics Manufacturing Services (EMS) market is projected to grow from approximately USD 15.1 billion in 2024 to USD 19.77 billion by 2030, at a CAGR of 4.6%. Another projection indicates the global Medical Devices Electronics Manufacturing Services (EMS) market size will grow from USD 14.77 billion in 2024 to USD 19.53 billion in 2030, with a CAGR of 4.8%. The overall global medical electronics market (which includes, but is broader than, EMS) was estimated at USD 172.4 billion in 2024 and is expected to reach USD 339.7 billion by 2034, growing at a CAGR of 7.2%. The North America medical electronics market is forecasted to reach USD 128.8 billion by 2034, with the U.S. market holding USD 57.4 billion in revenue in 2023.

Industrial Electronics Manufacturing Services Market

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Public Safety Electronics Manufacturing Services Market

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AI Generated Analysis | Feedback

Kimball Electronics (KE) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market dynamics:

Strong Growth in the Medical Segment: Kimball Electronics is strategically focused on its Medical segment, which has demonstrated robust growth, with sales increasing by 13% year-over-year in a recent quarter and accounting for 28% of the company's total revenue. This growth is fueled by strong demand across various applications, including sleep therapy, respiratory care, image-guided therapy, in-vitro diagnostics, drug delivery, AED, and patient monitoring. The company views its capabilities as a medical contract manufacturing organization (CMO) as unique in the industry and aims to expand upon them.
Expansion into Advanced Medical Manufacturing and Higher-Margin Business Lines: A significant driver for future revenue, particularly in terms of quality and profitability, is the company's expansion into advanced medical manufacturing. Alongside investments in automation, this strategy is anticipated to shift Kimball Electronics towards higher-margin business lines and enhance capacity utilization.
Potential Strategic Acquisitions: Kimball Electronics has expressed its intention to pursue growth opportunities not only organically but also through "possibly inorganic channels," particularly within its medical segment. Acquisitions could directly contribute to revenue expansion by adding new capabilities, customers, or market share.
Improved Operational Efficiency and Readiness for Growth: While primarily impacting profitability, improvements in operational efficiency, such as better working capital management, also position the company for revenue growth. Management has noted significant improvements in working capital and anticipates investing in inventory in preparation for future growth, particularly in fiscal year 2027. This indicates a readiness to support increased sales volumes.

AI Generated Analysis | Feedback

Share Repurchases

In November 2020, Kimball Electronics extended its stock repurchase plan, authorizing an additional purchase of up to $20 million, bringing the total authorized repurchases to $100 million without expiration.
During the second quarter of fiscal year 2025, the Board of Directors unanimously increased the share repurchase program by $20 million, and the company invested $3 million to repurchase 160,000 shares.
As of the first quarter of fiscal year 2026 (ended September 30, 2025), Kimball Electronics had $14.8 million remaining on its authorized repurchase program, having repurchased 49,000 shares for $1.5 million in that quarter.

Share Issuance

For the three months ended September 30, 2025, performance and restricted share issuance resulted in a net change in share owners' equity.

Outbound Investments

Kimball Electronics announced its intent to divest the Automation, Test, and Measurement (AT&M) business in May 2024, with the transaction finalizing on July 31, 2024.
The proceeds from the AT&M divestiture were utilized to strengthen the balance sheet by increasing liquidity and financial flexibility, enabling the company to focus on its core Electronics Manufacturing Services (EMS) capabilities.
The company is strategically focused on future growth through organic and inorganic channels, particularly eyeing potential acquisitions in the medical Contract Manufacturing Organization (CMO) space.

Capital Expenditures

Kimball Electronics estimates capital expenditures for fiscal year 2026 to be in the range of $50 million to $60 million.
In the first quarter of fiscal year 2026, capital expenditures totaled $10.6 million, with a substantial portion dedicated to leasehold improvements and a new facility in Indianapolis.
A new 308,000-square-foot facility in Indianapolis, anticipated to open in November 2025, is a key focus of capital expenditure, designed to support advanced medical capabilities such as cold chain management and drug delivery device assembly.

Better Bets than Kimball Electronics (KE)

	KE	Better Performance than KE
Metric	Value	INDUSTRY: Electrical Components & Equipment
Rev Chg LTM	-10.5%	VRT (28.8%), ETN (8.2%), EMR (4.8%), AME (3.7%), ROK (-8.3%)
Rev Chg 3Y Avg	1.8%	EMR (24.9%), VRT (21.4%), ETN (9.7%), AME (5.9%), ROK (3.2%)
Op Mgn LTM	4.0%	AME (26.2%), ETN (19.0%), EMR (18.8%), VRT (18.0%), ROK (15.5%)
CFO/Rev LTM	9.9%	AME (24.7%), ROK (18.9%), EMR (17.8%), VRT (16.1%), ETN (15.4%)
FCF/Rev LTM	7.8%	AME (22.9%), ROK (16.4%), EMR (15.4%), VRT (14.1%), ETN (12.5%)
Total Yield	3.3%	NXT (5.3%), NVT (4.2%), ROK (4.2%), AME (4.0%), EMR (3.9%)
P/S	0.5	OESX (0.0), DFLI (0.0), APWC (0.1), POLA (0.4), FLUX (0.4)
P/Op Inc	12.3	APWC (3.6), ATKR (7.6), ENS (8.6), ST (9.4), POWL (12.1)

	KE	Better Performance than KE
Metric	Value	SECTOR: Industrials
Rev Chg LTM	-10.5%	UBER (18.2%), GE (17.7%), GEV (9.4%), RTX (8.8%), CAT (-4.9%)
Rev Chg 3Y Avg	1.8%	UBER (19.6%), GE (15.7%), BA (10.1%), RTX (9.4%), CAT (5.8%)
Op Mgn LTM	4.0%	UNP (40.6%), GE (20.5%), CAT (18.2%), RTX (10.3%), UBER (9.2%)
CFO/Rev LTM	9.9%	UNP (39.6%), UBER (18.1%), CAT (18.0%), GE (17.2%), ETN (15.4%)
FCF/Rev LTM	7.8%	UNP (24.5%), UBER (17.5%), GE (14.7%), ETN (12.5%), CAT (12.3%)
Total Yield	3.3%	UBER (8.1%), UNP (7.3%), CAT (6.7%), DE (5.0%), RTX (4.5%)
P/S	0.5	AAL (0.1), FLR (0.4), WCC (0.4), AMTM (0.5), GXO (0.5)
P/Op Inc	12.3	DAL (6.1), UPS (8.6), FDX (8.8), CNI (9.0), CP (12.2)

	KE	Better Performance than KE
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	-10.5%	NVDA (71.6%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%), AAPL (6.0%)
Rev Chg 3Y Avg	1.8%	NVDA (92.0%), MSFT (13.2%), AMZN (11.3%), GOOGL (11.0%), AAPL (1.8%)
Op Mgn LTM	4.0%	NVDA (58.1%), MSFT (46.3%), GOOGL (32.2%), AAPL (31.9%), AMZN (11.4%)
CFO/Rev LTM	9.9%	MSFT (50.0%), NVDA (46.6%), GOOGL (39.3%), AAPL (26.6%), AMZN (18.1%)
FCF/Rev LTM	7.8%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	3.3%	BRK-B (6.2%), GOOGL (4.6%), WMT (3.6%), META (3.5%), MSFT (3.4%)
P/S	0.5	CVS (0.2), MCK (0.2), CI (0.3), GM (0.3), ELV (0.4)
P/Op Inc	12.3	VZ (5.9), T (8.3), MRK (9.4), PFE (9.4), UNH (11.9)

		Best Bets In Industrials Sector
	KE
What You Pay
P/E	30.7
P/EBIT	15.7
What You Get
Rev Chg Q	-2.3%
Rev Chg LTM	-10.5%
Rev Chg 3Y Avg	1.8%
FCF/Rev 3Y Avg	3.3%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	How Low Can Kimball Electronics Stock Really Go?	Return
2	Kimball Electronics vs. S&P500 Correlation	Correlation
3	Kimball Electronics Price Volatility	Volatility
4	Better Bet Than KE Stock: Pay Less Than Kimball Electronics To Get More From Industry Peer AVT	Actionable
5	Better Bet Than KE Stock: Pay Less Than Kimball Electronics To Get More From Stocks COKE, RH, CBT, AGCO, TGLS	Better Bets
6	Better Bet Than KE Stock: Pay Less Than Kimball Electronics To Get More From Sector Peer HI	Better Bets
7	Better Bet Than KE Stock: Pay Less Than Kimball Electronics To Get More From S&P 500 Stocks DE, SCHW, EOG, ALB	Better Bets
8	Better Bet Than KE Stock: Pay Less Than Kimball Electronics To Get More From Stocks SNX, COKE, CBT, HOG, TGLS	Better Bets
9	Better Bet Than KE Stock: Pay Less Than Kimball Electronics To Get More From Stocks CTRA, TMHC, CMC, THO, CF	Better Bets
10	Better Bet Than KE Stock: Pay Less Than Kimball Electronics To Get More From S&P 500 Stocks EOG, PFE, PXD, COP, VLO	Better Bets

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to KE. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	7.3%	7.3%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.3%	2.3%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	4.8%	4.8%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	1.6%	1.6%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	2.2%	2.2%	0.0%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	7.3%	7.3%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.3%	2.3%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	4.8%	4.8%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	1.6%	1.6%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	2.2%	2.2%	0.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for Kimball Electronics

Peers to compare with:

Financials

	KE	JBL	PLXS	MLAB	NSYS	AIGO	Median
Name	Kimball .	Jabil	Plexus	Mesa Lab.	Nortech .	Aigo
Mkt Price	29.20	214.05	148.31	76.38	6.92	-	76.38
Mkt Cap	0.7	23.0	4.0	0.4	0.0	-	0.7
Rev LTM	1,478	29,802	4,025	245	118	-	1,478
Op Inc LTM	60	1,436	208	15	-2	-	60
FCF LTM	116	1,172	251	37	-4	-	116
FCF 3Y Avg	50	936	148	36	-0	-	50
CFO LTM	147	1,640	337	41	-4	-	147
CFO 3Y Avg	104	1,697	240	40	1	-	104

Growth & Margins

	KE	JBL	PLXS	MLAB	NSYS	AIGO	Median
Name	Kimball .	Jabil	Plexus	Mesa Lab.	Nortech .	Aigo
Rev Chg LTM	-10.5%	3.2%	2.3%	7.4%	-14.5%	-	2.3%
Rev Chg 3Y Avg	1.8%	-3.3%	5.2%	3.4%	-1.7%	-	1.8%
Rev Chg Q	-2.3%	18.5%	6.0%	5.0%	-9.5%	-	5.0%
QoQ Delta Rev Chg LTM	-0.6%	4.5%	1.5%	1.2%	-2.7%	-	1.2%
Op Mgn LTM	4.0%	4.8%	5.2%	6.1%	-1.5%	-	4.8%
Op Mgn 3Y Avg	4.3%	4.8%	5.1%	4.3%	1.9%	-	4.3%
QoQ Delta Op Mgn LTM	0.4%	0.2%	0.1%	0.4%	0.2%	-	0.2%
CFO/Rev LTM	9.9%	5.5%	8.4%	16.7%	-3.0%	-	8.4%
CFO/Rev 3Y Avg	6.5%	5.5%	6.0%	17.7%	0.8%	-	6.0%
FCF/Rev LTM	7.8%	3.9%	6.2%	15.1%	-3.6%	-	6.2%
FCF/Rev 3Y Avg	3.3%	3.1%	3.7%	16.0%	-0.2%	-	3.3%

Valuation

	KE	JBL	PLXS	MLAB	NSYS	AIGO	Median
Name	Kimball .	Jabil	Plexus	Mesa Lab.	Nortech .	Aigo
Mkt Cap	0.7	23.0	4.0	0.4	0.0	-	0.7
P/S	0.5	0.8	0.9	1.5	0.2	-	0.8
P/EBIT	15.7	22.4	18.4	20.9	-9.7	-	18.4
P/E	30.7	35.5	22.5	-235.0	-7.7	-	22.5
P/CFO	5.0	14.2	10.9	9.0	-6.9	-	9.0
Total Yield	3.3%	2.9%	4.4%	0.5%	-13.0%	-	2.9%
Dividend Yield	0.0%	0.0%	0.0%	0.9%	0.0%	-	0.0%
FCF Yield 3Y Avg	8.2%	5.3%	4.5%	7.2%	0.0%	-	5.3%
D/E	0.2	0.1	0.0	0.5	0.8	-	0.2
Net D/E	0.1	0.1	-0.0	0.5	0.8	-	0.1

Returns

	KE	JBL	PLXS	MLAB	NSYS	AIGO	Median
Name	Kimball .	Jabil	Plexus	Mesa Lab.	Nortech .	Aigo
1M Rtn	0.4%	-2.8%	3.3%	4.1%	-26.1%	-	0.4%
3M Rtn	-0.3%	5.4%	9.9%	24.7%	-25.9%	-	5.4%
6M Rtn	59.1%	24.6%	12.5%	-24.0%	-23.7%	-	12.5%
12M Rtn	47.9%	58.2%	-11.3%	-37.5%	-38.7%	-	-11.3%
3Y Rtn	24.8%	200.6%	33.5%	-56.3%	-55.6%	-	24.8%
1M Excs Rtn	0.4%	-2.8%	3.4%	4.1%	-26.1%	-	0.4%
3M Excs Rtn	-7.2%	-2.4%	2.3%	13.6%	-30.0%	-	-2.4%
6M Excs Rtn	44.4%	9.8%	-2.3%	-38.7%	-38.4%	-	-2.3%
12M Excs Rtn	35.4%	44.3%	-23.3%	-47.9%	-53.9%	-	-23.3%
3Y Excs Rtn	-42.0%	139.4%	-32.8%	-126.9%	-127.7%	-	-42.0%

Comparison Analyses

	Title
0	KE or JBL - With -0.4% Return Forecast, JBL Probably Deserves Your Money
1	Kimball Electronics vs. Chico's FAS: With Return Forecast Of 23%, Kimball Electronics Is A Better Bet
2	Kimball Electronics vs. NETGEAR: With Return Forecast Of 21%, Kimball Electronics Is A Better Bet
3	Kimball Electronics vs. Franklin Covey: With Return Forecast Of 21%, Kimball Electronics Is A Better Bet
4	Kimball Electronics vs. Verisign CA: With Return Forecast Of 19%, Kimball Electronics Is A Better Bet
5	Kimball Electronics vs. Enphase Energy: With Return Forecast Of 19%, Kimball Electronics Is A Better Bet
6	Kimball Electronics vs. The Trade Desk: With Return Forecast Of 88%, The Trade Desk Is A Better Bet
7	Kimball Electronics vs. Rite Aid: Similar Market Cap, But Rite Aid Is A Better Bet
8	Kimball Electronics vs. PetIQ: Similar Market Cap, But PetIQ Is A Better Bet
9	Kimball Electronics vs Contango Oil & Gas: Similar Market Cap; Which Stock Is A Better Bet?

Financials

Annual
Quarterly

$ Mil \| FY: 6/30	LTM	2025	2024	2023	2022	2021	2020
Period End	9/30/2025	6/30/2025	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020
Filing Date	11/6/2025	8/22/2025	8/23/2024	8/24/2023	8/30/2022	8/27/2021	8/27/2020
Key Financials
Total Revenue	1,478	1,487	1,715	1,823	1,350	1,292	1,201
EBITDA	84	78	86	123	76	106	60
Operating Income	60	54	75	88	53	66	40
Net Income	24	17	21	56	31	57	18
EPS	0.97	0.68	0.82	2.24	1.24	2.26	0.72
Growth Rates
Total Revenue Growth	-10.5%	-13.3%	-6.0%	35.1%	4.5%	7.6%	1.6%
EBITDA Growth	11.0%	-9.4%	-30.3%	62.8%	-28.7%	75.7%	-15.4%
Operating Income Growth	-8.4%	-27.4%	-15.1%	66.9%	-20.0%	64.6%	-5.1%
Net Income Growth	85.2%	-17.2%	-63.3%	78.6%	-45.0%	212.1%	-42.3%
Margins
EBITDA Margin	5.7%	5.2%	5.0%	6.8%	5.6%	8.2%	5.0%
Operating Income Margin	4.0%	3.6%	4.3%	4.8%	3.9%	5.1%	3.3%
Net Income Margin	1.6%	1.1%	1.2%	3.1%	2.3%	4.4%	1.5%
Cash & Debt
Total Cash	76	89	78	43	50	106	65
Total Debt	138	147	295	281	181	66	118
Net Debt / (Cash)	62	58	217	238	131	-40	53
Cash Flows
Net Cash from Operations	147	184	73	-14	-83	130	73
Free Cash from Operations	116	150	26	-104	-158	91	34
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	10	12	3	-0	9	3	9

$ Mil \| FY: 6/30	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/6/2025	8/22/2025	5/7/2025	2/6/2025	11/6/2024	8/23/2024	5/8/2024	2/6/2024	11/7/2023	8/24/2023	5/5/2023	2/7/2023
Key Financials Quarterly
Total Revenue	366	380	375	357	374	430	425	421	438	496	485	437
Ebitda	22	25	19	17	17	28	4	26	28	41	35	26
Operating Income	16	17	14	13	10	21	18	17	19	31	25	17
Net Income	10	7	4	3	3	8	-6	8	11	19	16	11
EPS	0.41	0.27	0.15	0.14	0.13	0.30	-0.24	0.33	0.43	0.77	0.66	0.43
Key Financials TTM
Total Revenue TTM	1,478	1,487	1,536	1,587	1,651	1,715	1,780	1,840	1,856	1,823	1,701	1,584
Ebitda TTM	84	78	81	66	75	86	98	130	129	123	106	97
Operating Income TTM	60	54	58	61	65	75	85	93	94	88	77	72
Net Income TTM	24	17	18	8	13	21	32	55	57	56	47	44
Growth Rates Quarterly
Total Revenue Growth	-2.3%	-11.6%	-11.9%	-15.2%	-14.6%	-13.3%	-12.3%	-3.5%	7.9%	32.8%	31.7%	38.5%
EBITDA Growth	33.2%	-11.6%	437.9%	-36.6%	-39.0%	-30.1%	-89.8%	0.9%	27.5%	73.3%	37.8%	84.4%
Operating Income Growth	54.8%	-16.9%	-21.8%	-22.3%	-47.8%	-33.7%	-30.3%	-5.0%	43.6%	52.8%	24.4%	153.0%
Net Income Growth	219.8%	-12.8%	162.8%	-58.6%	-70.7%	-60.7%	-137.0%	-22.7%	13.1%	93.2%	20.3%	109.7%
Margins Quarterly
EBITDA Margin	6.1%	6.6%	5.1%	4.7%	4.5%	6.6%	0.8%	6.3%	6.3%	8.2%	7.2%	6.0%
Operating Income Margin	4.3%	4.6%	3.7%	3.6%	2.7%	4.8%	4.1%	3.9%	4.4%	6.3%	5.2%	4.0%
Net Income Margin	2.8%	1.7%	1.0%	1.0%	0.8%	1.8%	-1.4%	2.0%	2.5%	3.9%	3.4%	2.5%
Cash & Debt
Total Cash	76	89	51	54	77	78	65	40	57	43	30	26
Total Debt	138	147	178	205	246	295	320	322	297	281	289	274
Net Debt / (Cash)	62	58	127	151	169	217	254	282	240	238	259	247
Cash Flows Quarterly
FCF from Operations	8	78	31	29	45	48	43	-31	13	44	14	-12
Cash Flows TTM
FCF from Operations TTM	147	184	154	166	106	73	69	40	59	-14	-56	-99
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	1	3	3	3	3	3	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	27.8%	17.4%	11.1%	18.0%	12.8%	12.9%	8.2%	11.1%	16.4%	23.4%	18.5%	13.5%
Return on Invested Capital (ROIC) TTM
ROIC TTM	20.0%	17.0%	14.6%	21.7%	17.8%	16.7%	17.5%	15.8%	18.2%	16.8%	13.8%	13.4%

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Business Unit Operations	1,748
Corporate/Eliminations	-34
Contract manufacturing services, including engineering and supply chain support		1,823	1,350	1,292	1,201
Total	1,715	1,823	1,350	1,292	1,201

Price Behavior

Price Behavior

Market Price	$29.20
Market Cap ($ Bil)	0.7
First Trading Date	11/03/2014
Distance from 52W High	-11.9%
	50 Days	200 Days
DMA Price	$28.80	$22.00
DMA Trend	up	down
Distance from DMA	1.4%	32.7%
	3M	1YR
Volatility	40.3%	48.2%
Downside Capture	208.62	113.78
Upside Capture	149.47	137.71
Correlation (SPY)	54.4%	47.9%

KE Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	2.45	1.71	1.75	1.55	1.17	1.20
Up Beta	1.91	1.68	1.89	1.23	0.92	1.06
Down Beta	2.74	1.78	1.76	2.16	1.39	1.38
Up Capture	247%	144%	151%	207%	168%	139%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	11	22	35	75	136	383
Down Capture	252%	181%	182%	98%	107%	106%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	9	20	28	49	110	362

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of KE With Other Asset Classes (Last 1Y)
	KE	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	50.4%	8.9%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	48.1%	18.9%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	0.99	0.32	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		43.4%	47.9%	1.0%	14.9%	30.5%	19.2%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of KE With Other Asset Classes (Last 5Y)
	KE	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	12.6%	13.1%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	40.2%	17.2%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	0.41	0.61	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		46.7%	45.0%	6.2%	18.0%	35.5%	18.5%

Based On 10-Year Data

		Comparison of KE With Other Asset Classes (Last 10Y)
	KE	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	10.3%	12.8%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	38.9%	19.9%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.38	0.57	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		50.7%	48.5%	0.2%	19.0%	38.2%	14.1%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	852,623
Short Interest: % Change Since 10312025	1.7%
Average Daily Volume	206,673
Days-to-Cover Short Interest	4.13
Basic Shares Quantity	24,600,000
Short % of Basic Shares	3.5%

Returns Analyses

	Title
0	How Low Can Kimball Electronics Stock Really Go?
1	Kimball Electronics Stock Return Comparison
2	[10/13/2021] Kimball Electronics (KE) Stock Price Forecast: AI Forecasts KE Stock Price To Be Around $28.70 In A Month (Up 2.3%)
3	Kimball Electronics Total Shareholder Return (TSR): -7.5% in 2022 and 7.4% 3-yr returns (below peer average)

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

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Kimball Electronics (KE)

Market Price (12/4/2025): $29.21 | Market Cap: $718.6 MilSector: Industrials | Industry: Electrical Components & Equipment

Kimball Electronics (KE)

Market Price (12/4/2025): $29.21Market Cap: $718.6 MilSector: IndustrialsIndustry: Electrical Components & Equipment

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About Kimball Electronics (KE)

Overall Electronics Manufacturing Services (EMS) Market

Automotive Electronics Manufacturing Services Market

Medical Devices Electronics Manufacturing Services (EMS) Market

Industrial Electronics Manufacturing Services Market

Public Safety Electronics Manufacturing Services Market

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Market Price (12/4/2025): $29.21 | Market Cap: $718.6 Mil
Sector: Industrials | Industry: Electrical Components & Equipment

Market Price (12/4/2025): $29.21
Market Cap: $718.6 Mil
Sector: Industrials
Industry: Electrical Components & Equipment