KE
Kimball Electronics, Inc.
KE's fundamentals are mixed, but it looks expensive: trading at 24x earnings, above its usual 15x. Analysts expect earnings growth.
KE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Healthy |
KE's balance sheet is currently healthy, and its revenue and profitability are stable, but its cash flow is under pressure.
KE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $10.17 | -49% |
| Forward | 13x | $20.10 | — |
| Fair | 15x | $12.92 | -36% |
| Current | 24x | $20.10 | — |
| Expensive | 27x | $22.42 | +12% |
Historical ranges are pointers, not guarantees.
KE's PE is in its expensive range at 24x. If earnings grow as analysts expect, today's price would be 13x next year's earnings, in its cheap range.
KE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for KE, with profitability holding steady.
KE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.59 | +90% |
| Q3 2026 | $0.84 | -13% |
| Q2 2026 | $1.13 | +66% |
| Q1 2026 | $1.05 | +50% |
| Q4 2025 | $0.97 | +213% |
| Q3 2025 | $0.96 | +92% |
| Q2 2025 | $0.68 | -16% |
| Q1 2025 | $0.70 | -45% |
| Q4 2024 | $0.31 | -86% |
KE's earnings per share have fallen from their peak: $0.84 over the past year, against $2.27 in late 2023.
KE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $390.8M | +6.9% |
| Q2 2026 | $371.6M | -2.3% |
| Q1 2026 | $352.9M | -5.8% |
| Q4 2025 | $341.3M | -4.5% |
| Q3 2025 | $365.6M | -2.3% |
| Q2 2025 | $380.5M | -12% |
| Q1 2025 | $374.6M | -12% |
| Q4 2024 | $357.4M | -15% |
KE's revenue is recovering but still below its 2023 peak: $391M last quarter, up 6.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.2% | -0.8 points |
| Q2 2026 | 7.8% | +3.5 points |
| Q1 2026 | 3.3% | +0.2 points |
| Q4 2025 | 3.1% | +0.9 points |
| Q3 2025 | 4% | +1.5 points |
| Q2 2025 | 4.3% | -0.2 points |
| Q1 2025 | 3.1% | +4.6 points |
| Q4 2024 | 2.3% | -1.6 points |
KE's operating margin was 3.2% last quarter, down 0.8 points from the same quarter a year ago.
KE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$28.3M | -$25.9M |
| Q2 2026 | $34M | -50% |
| Q1 2026 | $494K | -98% |
| Q4 2025 | -$11.2M | -149% |
| Q3 2025 | -$2.5M | -108% |
| Q2 2025 | $68.4M | +73% |
| Q1 2025 | $27M | -9.8% |
| Q4 2024 | $23.1M | +$67M |
KE's free cash flow was −$5M over the past year, against $116M the year before.
KE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -187K shares |
| 1 year | -1.3% | -328K shares |
| 3 years | -2.6% | -657K shares |
| 5 years | -2.8% | -720K shares |
| Available history | -3% | -749K shares |
KE has 25M diluted shares, down 1.3% from a year ago, with $14M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3.1M |
| Q2 2026 | $2.2M |
| Q1 2026 | $4M |
| Q4 2025 | $4.4M |
| Q3 2025 | $1.2M |
| Q2 2025 | $3M |
| Q1 2025 | $3M |
| Q4 2024 | $3.1M |
KE spent $14M buying back its own shares over the past year, up 33% from the year before.
KE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.6x | Healthy |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.9x | Very low |
| Q4 2025 | 0.8x | Very low |
| Q3 2025 | 0.7x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 1.5x | Healthy |
| Q4 2024 | 2.2x | Moderate |
KE's net debt is about 1.6 years of its operating earnings (EBITDA), up from less than a year a year ago.
KE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.3 | Neutral |
| Stochastic | 21.9 | Neutral |
KE's weekly RSI is 38 (neutral) and its Stochastic is 22 (neutral).
KE PE vs Industrials Sector
| Metric | KE | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 0.4% below |
| PE % | 77 | 58 | 19 pts above |
KE is trading at 24x earnings, in line with the Industrials sector's median of 24x.
KE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.1 | 20% below |
| 20 week MA | $24.9 | 19% below |
| 50 week MA | $25.8 | 22% below |
| 100 week MA | $23.5 | 15% below |
| 200 week MA | $23.4 | 14% below |
KE is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
KE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.9 | $15.6 | -12% |
| 2021 | $15.6 | $21.2 | +36% |
| 2022 | $21.2 | $22.4 | +5.4% |
| 2023 | $22.4 | $27.0 | +20% |
| 2024 | $27.0 | $18.8 | -30% |
| 2025 | $18.8 | $29.2 | +55% |
| 2026 YTD | $29.2 | $20.1 | -31% |
KE is down 31% so far in 2026, after finishing higher in four of the previous six years.