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Kimball Electronics, Inc.

Rank #417ValueWatchlistCompare with other stocks

KE · Nasdaq · Industrials

Kimball Electronics, Inc. (KE) — Rank #417 by gross profitability (GP/assets 0.11) · ROE 4.8% · Piotroski F-Score 7 / 9.

As-of 2026-10-30 · CIK 0001606757 · all metrics point-in-time as of the filing date.

About

Kimball Electronics, Inc. provides electronics, assemblies, and contract manufacturing organization solutions.

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The company offers electronics manufacturing services, including engineering and supply chain support to customers in the automotive, medical, and industrial end markets, as well as contract manufacturing organization solutions comprising the production of medical disposables and drug delivery services, such as precision molded plastics, cold chain management, and drug integration. It also engages in the production and testing of printed circuit board assemblies; assembly of medical, automotive, and industrial products; and clean room assembly, cold chain, and product sterilization management activities. In addition, 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, and product life cycle management services. It operates in the United States, China, Mexico, Poland, Romania, Thailand, and internationally. Kimball Electronics, Inc.

was founded in 1961 and is headquartered in Jasper, Indiana.

Industry
Electrical Equipment & Parts
Sector
Industrials
State
IN
Filer Category
Accelerated filer
Fiscal Year End
June 30

Company Snapshot

P/E and dividend yield are the primary valuation lenses for mature businesses.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

5,600

Industry

Electrical Equipment & Parts

Exchange

Nasdaq

11/12

Flags passed

KE fails 1 critical flag

Passes 11 of 12 quality flags

  • FAIL
    Revenue declining YoY

    Revenue contracted year over year

  • PASS
    Gross margin holding
  • PASS
    Dilution within 2%
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Revenue growth accelerating · Operating leverage expanding

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.11
Return on equity
4.8%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.87
Current ratio
2.09×
Net cash
-$73.61M

Cash Flow

2/3 pass
Positive FCF
PASS
Cash-backed earnings
WARN
Accruals healthy
PASS
SBC / revenue
0.6%

Growth

1/2 pass
Revenue growth
-3.7%
Piotroski F-Score
7 / 9
Share dilution
-1.0%

Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).

Profitability

Does it make money well?

Warning: Revenue declining YoY · GP/assets 2nd percentile of 47 SIC 36 peers

Gross profitability (GP / assets)

0.11

Primary signal (Novy-Marx).

2nd pctl of 47 SIC 36 peers

Return on equity

4.8%

Gross margin

8.2%

0th pctl of 47 SIC 36 peers

Revenue growth (YoY)

-3.7%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-7.8%

Revenue CAGR (5Y)

2.1%

Earnings CAGR (3Y)

-20.6%

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 26% below net income

Free cash flow

$20.78M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

-25.7%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

WARN

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.6%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags · net debt $73.61M, F-Score 7/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.87

41st pctl of 45 SIC 36 peers (best = lowest)

Current ratio

2.09×

35th pctl of 47 SIC 36 peers

Quick ratio

0.93×

Net cash

-$73.61M

Cash & equivalents minus total debt.

Piotroski F-Score

7 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

3.0 / 5

Good
Share count trend(net buybacks)
-1.0%3/5 Good
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory(deleveraging)
1.5%3/5 Good

Lifecycle Phase History

20212026
Value
Hypergrowth
Decline
Capital Return

Price History

KE-3.6% · -0.7% CAGRSPY+82.9% · +12.8% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports