Kimball Electronics, Inc. (KE) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Kimball Electronics, Inc. (KE) trades at $23.79 with AI Score 68/100 (Grade B+). Kimball Electronics, Inc. provides contract electronics manufacturing services to various industries, including automotive, medical, and industrial. Market cap: $572M, Sector: Industrials.
Price as of Jul 20, 2026 · Last analyzed: May 10, 2026Analyst Coverage for KE: KE does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates KE against Industrials peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
KE: 2/3 scored disciplines lean bullish. Dominant signal: Valuation strong.
How is this calculated? →Why this analysis is different
- A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Kimball Electronics, Inc. (KE) Industrial Operations Profile
Kimball Electronics, Inc. delivers contract electronics manufacturing and diversified manufacturing services, focusing on automotive, medical, industrial, and public safety sectors. With a global footprint spanning multiple countries, the company provides comprehensive design, supply chain, and product lifecycle management solutions, positioning it as a key partner for diverse industries.
What Is the Investment Thesis for KE?
Kimball Electronics presents a compelling investment case based on its diversified end-market exposure and comprehensive service offerings. The company's strategic focus on high-growth sectors like medical and automotive provides a buffer against cyclical downturns in any single industry. With a P/E ratio of 23.1 and a market capitalization of $572M, Kimball Electronics offers potential for value appreciation as it capitalizes on increasing demand for outsourced manufacturing services. Growth catalysts include expanding its presence in emerging markets and leveraging its expertise in advanced manufacturing technologies. However, investors should be mindful of the company's relatively low profit margin of 1.8% and the competitive nature of the EMS industry.
Based on FMP financials and quantitative analysis
KE Key Highlights
- Market capitalization of $572M indicates a mid-sized player in the contract electronics manufacturing services industry.
- P/E ratio of 23.1 suggests the company is trading at a premium compared to some of its peers, reflecting investor expectations of future growth.
- Gross margin of 8.0% reflects the competitive pricing environment in the contract manufacturing sector.
- Profit margin of 1.8% indicates potential for improvement through operational efficiencies and value-added services.
- Beta of 1.18 suggests the stock is slightly more volatile than the overall market.
Who Are KE's Competitors?
KE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| JBL Jabil Inc. | $305.91 | +1.63% | $32.1B | 63 |
| FLEX Flex Ltd. | $119.25 | -1.54% | $43.7B | 66 |
| SANM Sanmina Corporation | $201.87 | +2.35% | $10.8B | 64 |
| ELVA Electrovaya Inc. | $9.16 | -3.38% | $453M | 56 |
| EOSEW Eos Energy Enterprises, Inc. | $1.47 | -34.96% | $423M | 67 |
| CPWHF Ceres Power Holdings plc | $4.77 | -3.64% | $1.02B | 69 |
| CRPHY Ceres Power Holdings plc | $2.38 | -3.19% | $1.02B | 69 |
| ENR Energizer Holdings, Inc. | $20.35 | +0.59% | $1.39B | 62 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are KE's Key Strengths?
- Diversified end-market exposure across automotive, medical, industrial, and public safety sectors.
- Comprehensive service offerings, including design, manufacturing, and product lifecycle management.
- Global manufacturing footprint with facilities in multiple countries.
- Strong customer relationships built on quality and innovation.
What Are KE's Weaknesses?
- Relatively low profit margin compared to some competitors.
- Exposure to cyclical downturns in specific industries.
- Dependence on key customers for a significant portion of revenue.
- Potential challenges in managing a complex global supply chain.
What Could Drive KE Stock Higher?
- Expansion in the medical device market, driven by increasing demand for outsourced manufacturing services.
- Penetration of the automotive electronics market, fueled by the growth of electric vehicles and advanced driver-assistance systems.
- Potential acquisitions of complementary businesses to expand service offerings and geographic reach.
- Investment in advanced manufacturing technologies to improve efficiency and competitiveness.
- Development of value-added services to enhance customer relationships and increase revenue.
What Are the Key Risks for KE?
- Intense competition from other EMS providers could put pressure on pricing and margins.
- Fluctuations in raw material prices and currency exchange rates could negatively impact profitability.
- Disruptions in the global supply chain could lead to delays and increased costs.
- Changes in government regulations and trade policies could create uncertainty and impact operations.
- Dependence on key customers for a significant portion of revenue creates concentration risk.
What Are the Growth Opportunities for KE?
- Expansion in the Medical Device Market: The global medical device market is projected to reach $600 billion by 2028, offering significant growth opportunities for Kimball Electronics. By leveraging its expertise in manufacturing medical devices and drug delivery systems, the company can expand its market share and increase revenue. Focus on regulatory compliance and quality control will be crucial for success in this sector. Timeline: Ongoing.
- Penetration of the Automotive Electronics Market: The increasing adoption of electric vehicles (EVs) and advanced driver-assistance systems (ADAS) is driving demand for automotive electronics. Kimball Electronics can capitalize on this trend by providing manufacturing services for automotive electronic components and systems. Strategic partnerships with automotive OEMs and Tier 1 suppliers will be essential. Market size: Expected to exceed $400 billion by 2027. Timeline: Ongoing.
- Geographic Expansion in Southeast Asia: Southeast Asia represents a high-growth market for electronics manufacturing, driven by increasing industrialization and a favorable regulatory environment. Kimball Electronics can expand its presence in countries like Vietnam and Thailand to tap into this growing market. Establishing new manufacturing facilities and forging strategic alliances will be key. Timeline: Next 3-5 years.
- Investment in Advanced Manufacturing Technologies: The adoption of advanced manufacturing technologies, such as automation, robotics, and 3D printing, can enhance Kimball Electronics' efficiency and competitiveness. By investing in these technologies, the company can reduce costs, improve quality, and accelerate time-to-market. Focus on training and upskilling the workforce will be critical. Timeline: Ongoing.
- Development of Value-Added Services: Kimball Electronics can differentiate itself by offering value-added services, such as design engineering, supply chain management, and product lifecycle management. These services can enhance customer relationships and increase revenue per customer. Focus on building strong technical expertise and developing innovative solutions will be essential. Market size: Varies by service, but represents a significant opportunity for revenue growth. Timeline: Ongoing.
What Opportunities Does KE Have?
- Expansion in high-growth markets, such as medical devices and automotive electronics.
- Penetration of emerging markets in Southeast Asia and other regions.
- Adoption of advanced manufacturing technologies to improve efficiency and competitiveness.
- Development of value-added services to enhance customer relationships and increase revenue.
What Threats Does KE Face?
- Intense competition from other EMS providers.
- Fluctuations in raw material prices and currency exchange rates.
- Disruptions in the global supply chain.
- Changes in government regulations and trade policies.
What Are KE's Competitive Advantages?
- Diversified End-Market Exposure: Kimball Electronics serves a diverse range of end markets, reducing its reliance on any single industry.
- Comprehensive Service Offerings: The company offers a comprehensive suite of services, from design and prototyping to manufacturing and product lifecycle management.
- Global Manufacturing Footprint: Kimball Electronics operates manufacturing facilities in multiple countries, enabling it to serve customers on a global scale.
- Strong Customer Relationships: The company has established strong relationships with its customers, based on its commitment to quality, innovation, and customer satisfaction.
What Does KE Do?
Founded in 1961 and headquartered in Jasper, Indiana, Kimball Electronics, Inc. has evolved into a prominent provider of contract electronics manufacturing services (EMS) and diversified manufacturing services. Initially focused on supporting its parent company, Kimball International, the company expanded its capabilities and customer base over the decades. Today, Kimball Electronics serves a diverse range of end markets, including automotive, medical, industrial, and public safety. The company's services encompass the entire product lifecycle, from initial design and prototyping to manufacturing, testing, and product lifecycle management. Kimball Electronics operates manufacturing facilities in the United States, China, Mexico, Poland, Romania, Thailand, and Vietnam, enabling it to serve customers on a global scale. Its expertise includes the production of printed circuit board assemblies, medical devices, drug delivery systems, and automation equipment. With a focus on quality, innovation, and customer satisfaction, Kimball Electronics aims to be a trusted partner for companies seeking advanced manufacturing solutions.
What Products and Services Does KE Offer?
- Provides design services and support for electronic products.
- Offers supply chain services and support to manage component sourcing and logistics.
- Delivers rapid prototyping and product introduction support services.
- Manufactures printed circuit board assemblies (PCBAs).
- Assembles and packages medical devices and disposables.
- Produces drug delivery devices and solutions.
- Offers design engineering and manufacturing of automation equipment.
- Provides product lifecycle management services.
How Does KE Make Money?
- Contract Manufacturing: Kimball Electronics generates revenue by providing contract manufacturing services to customers in various industries.
- Design and Engineering Services: The company offers design and engineering services, which contribute to its overall revenue.
- Supply Chain Management: Kimball Electronics provides supply chain management services, helping customers optimize their supply chains.
- Product Lifecycle Management: The company offers product lifecycle management services, supporting customers throughout the entire product lifecycle.
What Industry Does KE Operate In?
Kimball Electronics operates within the global electronics manufacturing services (EMS) industry, a sector characterized by intense competition and rapid technological advancements. The industry is driven by the increasing complexity of electronic devices and the growing trend of outsourcing manufacturing activities. According to industry reports, the global EMS market is expected to grow at a CAGR of 5-7% over the next five years. Key players in the industry include Jabil, Flex, and Sanmina. Kimball Electronics differentiates itself through its focus on specialized end markets and its comprehensive suite of services, positioning it as a strategic partner for companies seeking advanced manufacturing solutions.
Who Are KE's Key Customers?
- Automotive OEMs and Tier 1 Suppliers: Kimball Electronics serves automotive manufacturers and suppliers, providing manufacturing services for automotive electronics.
- Medical Device Companies: The company provides manufacturing services for medical devices and disposables to medical device companies.
- Industrial Equipment Manufacturers: Kimball Electronics serves industrial equipment manufacturers, providing manufacturing services for industrial electronic components and systems.
- Public Safety Equipment Providers: The company provides manufacturing services for public safety equipment providers.
How Kimball Electronics, Inc. Is Valued
Kimball Electronics, Inc. carries a market capitalization of $572M, placing it in the small-cap category. Relative to its peer group, KE's quantitative score of 68/100 is roughly in line with the peer average of 63/100.
ROE 5%Key Financial Metrics
Return on equity for Kimball Electronics, Inc. stands at 4.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.4%, showing how much profit it generates from its asset base. KE trades at a trailing price-to-earnings ratio of 23.07, below the Industrials sector average of ~30x. Its free cash flow yield is 13.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.11 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.0%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 7/9Financial Health
Kimball Electronics, Inc.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 2.96 places it in the grey zone, a middle ground that warrants monitoring.
FY2026 estForward Outlook
Wall Street analysts project Kimball Electronics, Inc. revenue of about $1.43B for fiscal 2026, with EPS near $1.49. The estimate reflects 4 contributing analysts.
KE Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future prospects, signaling potential undervaluation.
- Positive community sentiment indicates growing belief in Kimball Electronics' strategic direction.
- Market perception seems to be shifting favorably, with increased recognition of Kimball's role in key industries.
- Bullish community views highlight the company's strong relationships with its customer base.
Bear Case
- Limited information available about Kimball's competitive positioning in emerging markets raises concerns about long-term growth.
- Community sentiment reveals some skepticism regarding the company's ability to maintain its current profit margins.
- Market perception indicates some uncertainty about Kimball's capacity to adapt to rapid technological advancements.
- Bearish community views express apprehension about potential supply chain disruptions affecting Kimball's operations.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · February 2026
KE Latest News
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5 Small-Cap Stocks to Buy No Matter the Headlines
benzinga · Jun 22, 2026
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Earnings Scheduled For May 5, 2026
benzinga · May 5, 2026
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Earnings Scheduled For November 5, 2025
benzinga · Nov 5, 2025
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Stocks That Hit 52-Week Highs On Tuesday
· Mar 16, 2021
KE Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for KE.
Price Targets
Wall Street price target analysis for KE.
KE MoonshotScore
What does this score mean?
The MoonshotScore rates KE 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Richard D. Phillips
Chief Executive Officer
Richard D. Phillips serves as the Chief Executive Officer of Kimball Electronics, Inc. His career spans several decades in the electronics manufacturing services industry. He has held various leadership positions within Kimball Electronics, demonstrating a deep understanding of the company's operations and strategic direction. Phillips is known for his focus on customer satisfaction, operational excellence, and innovation. His expertise lies in driving growth, improving profitability, and building strong teams.
Track Record: Under Richard D. Phillips' leadership, Kimball Electronics has expanded its global footprint, diversified its end-market exposure, and enhanced its service offerings. He has overseen significant investments in advanced manufacturing technologies and has successfully navigated the company through challenging economic conditions. Key milestones include expanding into new geographic markets and strengthening relationships with key customers.
Common Questions About KE (Industrials)
What does the AI Score mean for KE?
KE holds an AI Score of 68/100 (Grade: B+). This is an educational research signal, not a buy or sell recommendation. Kimball Electronics, Inc. provides contract electronics manufacturing services to various industries, including automotive, medical, and industrial. The company operates globally, offering design …
What does Kimball Electronics, Inc. do?
Kimball Electronics, Inc. is a global contract electronics manufacturer providing comprehensive services from design and manufacturing to product lifecycle management. They cater to diverse industries including automotive, medical, industrial, and public safety. Their expertise lies in producing printed circuit board assemblies, medical devices, and automation equipment, offering end-to-end solutions that enable their clients to focus on their core competencies while Kimball Electronics handles the manufacturing process.
What do analysts say about KE stock?
Analyst coverage of Kimball Electronics, Inc. (KE) generally focuses on its growth potential within the contract manufacturing sector. Key valuation metrics such as P/E ratio and price-to-sales are closely monitored. Growth considerations include the company's ability to expand its market share in key sectors like medical devices and automotive electronics.
What are the main risks for KE?
Kimball Electronics faces several risks inherent to the contract manufacturing industry. Intense competition from larger EMS providers can pressure pricing and margins. Fluctuations in raw material costs and currency exchange rates can impact profitability. Disruptions in the global supply chain, geopolitical instability, and changes in trade policies also pose significant risks.
What are the key factors to evaluate for KE?
Kimball Electronics, Inc. (KE) holds an AI score of 68/100 (moderate). P/E: 23.1x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does KE data refresh on this page?
KE's price was last updated on Jul 20, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven KE's recent stock price performance?
Kimball Electronics, Inc. (KE) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified end-market exposure across automotive, medical, industrial, and public safety sectors. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider KE overvalued or undervalued right now?
Kimball Electronics, Inc. (KE) trades at 23.1x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research KE before investing?
Before investing in Kimball Electronics, Inc. (KE), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
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- Information is based on available data and may be subject to change.