Kimball Electronics provides contract electronics engineering, manufacturing, and supply chain services to customers in the automotive, medical, industrial, and public safety industries in the United States, Poland, and internationally. The company was founded in 1961 and is based in Jasper, Indiana.
KE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for KE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Kimball Electronics Inc ranked in the 79th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Kimball Electronics Inc ended up being:
KE's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 15.32% of tickers in our DCF set.
The weighted average cost of capital for the company is 8. This value is greater than just 10.36% stocks in the Industrials sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
RGR, EML, GNK, USDP, and APWC can be thought of as valuation peers to KE, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Kimball Electronics, Inc. (KE) Q4 2020 Earnings Conference Call August 19, 2020 10:00 AM ET Company Participants Don Charron - Chairman of the Board and Chief Executive Officer Mike Sergesketter - Vice President and Chief Financial Officer Conference Call Participants Anja Soderstrom - Sidoti Mike Morales - Walthausen and Company...
Kimball Electronics, Inc. (KE), (the “Company”), today announced two new internal promotions conducive to the Company accelerating its strategic growth plans. Effective July 1, 2020, Steve Korn has been promoted to the newly-created position of President of Global Electronics Manufacturing Services (EMS) Operations, and Lee Kemper has been promoted to the newly-created position of Vice President of Diversified Contract Manufacturing Services (DCMS).
In this article we will check out the progression of hedge fund sentiment towards Kimball Electronics Inc (NASDAQ:KE) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]