Kimball Electronics, Inc. (KE) Stock

Kimball Electronics, Inc. (KE) is a Technology stock trading at $23.54 (as of 2026-08-20), with a market capitalization of $564.18M and a trailing P/E of 20.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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.

Understand Kimball Electronics, Inc.: how it makes money

Kimball Electronics provides contract electronics manufacturing and related services (design, supply chain support, rapid prototyping and product introduction, industrialization and automation support, and reliability testing) for customers in automotive, medical, industrial, and public safety end markets.

For a contract electronics manufacturer, the key structural profit driver is execution in the manufacturing and supply chain cycle, which shows up in how inventory is managed and how quickly cash is generated, as reflected by its focus on Ending Inventory and Cash Conversion Days.

Revenue by segment (latest quarter)
Auto$0.2B
Med$0.1B
Ind$0.1B
PublicSafety$0.0B
AutoTestMeas$0.0B

Business quality (Weak): Profitability appears tight (gross margin 7.9%, operating margin 3.3%), so results are likely sensitive to manufacturing and supply chain execution, especially given the emphasis on Ending Inventory and Cash Conversion Days.

Valuation: At 24× earnings, KE trades 53% below the Semiconductors average (51×). Note: one-time items can distort reported P/E.

Bull case

  • Diversified end-market exposure: Services support customers across automotive, medical, industrial, and public safety, which can help spread demand across multiple vertical markets.
  • Ongoing service breadth: The company provides design and support services, supply chain services and support, rapid prototyping and product introduction support, plus industrialization, automation, and reliability testing.

Bear case

  • Margin pressure risk: With a gross margin of 7.9% and an operating margin of 3.3% for the latest period shown, profitability may be vulnerable to inefficiencies or unfavorable mix.
  • Working capital drag risk: A Cash Conversion Days value of 90.0 and Ending Inventory of 0.27 (USD_B) suggest the business is sensitive to how quickly inventory turns into cash.
Valuation — source: SEC EDGAR (first-party)
Price$23.54
Market Cap$564.18M
P/E Ratio20.2
EV / EBITDA5.6
Price / Book0.96
Price / Sales0.39
FCF Yield3.7%
DCF Value (model)$20.20
DCF Upside vs Price-14.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.43B
Net Margin2.0%
Return on Equity4.8%
Debt / Equity0.26
Current Ratio2.09
Revenue Growth (YoY)-3.7%
EPS Growth (YoY)67.6%
FCF Growth (YoY)-86.2%
Financial Health — source: SEC EDGAR
Altman Z-Score3.04 (safe)
Piotroski F-Score7/9 (strong)
Valuation vs Sector & Industry
Stock P/E20.2
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
vs Sector-40.5%
vs Industry-48.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($55.99M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEORichard D. Phillips
Employees7,000
CountryUS
IPO Date2014-11-03

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KE earnings history · KE institutional & insider holders · KE KPIs & operating metrics · KE financials · KE investor presentations & press releases · KE SEC filings · KE peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.