KE

Industrials

Kimball Electronics, Inc. · Electrical Equipment & Parts · $590M

UQS Score — Balanced Preset
41.1
Below Average

Kimball Electronics, Inc. scores 41.1/100 using the Balanced preset.

UQS vs Industrials Sector
KE
41.1
Sector avg
42.4
Quality
Weak
Moat
Weak
Growth
Weak
Risk
Good
Valuation
Attractive

What is Kimball Electronics, Inc.?

Kimball Electronics is a small-cap contract electronics manufacturer serving automotive, medical, industrial, and public safety customers across multiple continents. The company operates manufacturing facilities in the United States, China, Mexico, Poland, Romania, Thailand, and Vietnam.

Kimball Electronics generates revenue by providing end-to-end contract manufacturing services — from early-stage design and rapid prototyping through full-scale production and product life cycle management. Customers outsource complex electronics assembly, supply chain coordination, and reliability testing to Kimball rather than building those capabilities in-house. The company also manufactures medical devices, drug delivery systems, automation equipment, precision molded plastics, and inspection systems, making it a diversified contract manufacturer rather than a pure-play electronics assembler.

Kimball Electronics was incorporated in 2014 and is headquartered in Jasper, Indiana.

  • Printed circuit board assembly and production
  • Medical device assembly and drug delivery solutions
  • Supply chain management and design support services
  • Automation and precision molded plastics manufacturing
  • Reliability and environmental testing services

Is KE a Good Stock to Buy?

UQS Score rates KE as Below Average overall, reflecting meaningful structural challenges across several key pillars.

The clearest bright spot in Kimball Electronics' UQS profile is its Risk pillar, which scores Good — suggesting the company carries a manageable financial risk profile relative to many small-cap peers. The Valuation pillar is rated Attractive, meaning the stock does not appear expensive relative to its fundamentals at current levels.

Quality, Moat, and Growth all register as Weak, pointing to thin competitive differentiation, limited pricing power, and a business that has struggled to generate above-average returns or consistent expansion.

See the exact pillar breakdown and underlying financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does KE pay dividends?

No — Kimball Electronics, Inc. does not currently pay a dividend.

Kimball Electronics does not currently pay a dividend. For a contract manufacturer operating in competitive, capital-intensive markets, retaining cash to fund working capital, facility investments, and operational improvements is a common strategic choice. Income-focused investors should factor the absence of a dividend into their assessment of total return potential.

When does KE report earnings?

Kimball Electronics reports earnings on a quarterly cadence, consistent with standard practice for US-listed public companies.

The company's recent results reflect the broader pressures facing contract manufacturers — including supply chain normalization, customer inventory adjustments, and margin compression in competitive end markets. Revenue trends and profitability have been uneven, consistent with the Weak Growth and Weak Quality pillar ratings in the UQS framework.

For the most recent quarter's results and guidance, visit Kimball Electronics' investor relations page directly.

KE Price History

+23.5% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Kimball Electronics, Inc.?

$
Today it would be worth
$12,361
That's a +23.6% total return, or +4.3% annualized.

Based on Kimball Electronics, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

KE Long-term Outlook

The UQS Growth pillar for KE is rated Weak, suggesting the near-term fundamental trajectory faces headwinds rather than tailwinds. While the Attractive Valuation label indicates the market may already be pricing in subdued expectations, a re-rating would likely require tangible improvement in profitability or a meaningful acceleration in revenue. The Good Risk rating provides some cushion, but weak moat characteristics limit the company's ability to defend margins if end-market demand softens further.

Growth drivers

  • Expanding outsourcing trends in automotive electronics and medical devices
  • Geographic diversification across low-cost manufacturing regions
  • Growing demand for drug delivery and automation manufacturing services

Key risks

  • Intense price competition in contract manufacturing limiting margin recovery
  • Customer concentration and end-market cyclicality in automotive and industrial
  • Weak moat leaves the business exposed to contract losses or pricing pressure

KE vs Peers

Kimball Electronics operates in a fragmented industrial and electronics manufacturing landscape alongside a range of specialized players.

MVSTKE scores lower
Microvast Holdings, Inc.

Microvast focuses on battery technology for commercial vehicles rather than broad-based contract electronics manufacturing.

SLDPKE scores higher
Solid Power, Inc.

Solid Power is a development-stage solid-state battery company, operating at an earlier commercialization stage than Kimball's established manufacturing services model.

ADSEKE scores higher
ADS-TEC Energy PLC

ADS-TEC Energy specializes in battery-buffered ultra-fast charging systems, a narrower energy-focused niche compared to Kimball's diversified contract manufacturing.

Frequently Asked Questions

What does Kimball Electronics do?

Kimball Electronics provides contract electronics manufacturing services to customers in the automotive, medical, industrial, and public safety sectors. Services span design support, supply chain management, printed circuit board assembly, medical device manufacturing, and product life cycle management. The company operates factories across North America, Europe, and Asia.

Does KE pay dividends?

No, Kimball Electronics does not currently pay a dividend. The company retains capital to support its manufacturing operations and working capital needs. Investors seeking regular income should note the absence of a dividend when evaluating KE.

When does KE report earnings?

Kimball Electronics follows a standard quarterly earnings reporting schedule. The company does not pre-announce specific dates far in advance, so investors should check the investor relations section of the Kimball Electronics website for the most current schedule.

Is KE a good stock to buy?

UQS Score rates KE as Below Average, driven by Weak scores across Quality, Moat, and Growth pillars. The Attractive Valuation and Good Risk ratings offer some offset, but the overall profile suggests meaningful fundamental challenges. Investors should review the full pillar breakdown before drawing conclusions.

Is KE overvalued?

The UQS Valuation pillar for KE is rated Attractive, indicating the stock does not appear expensive relative to its current fundamentals. However, an attractive price alone does not offset weak quality or growth characteristics — context across all five pillars matters.

How does KE compare to its competitors?

Kimball Electronics is a diversified contract manufacturer, which distinguishes it from more narrowly focused peers like Microvast (battery technology) or Solid Power (solid-state batteries). KE's multi-sector, multi-geography model provides breadth, though its Weak Moat rating suggests limited competitive insulation versus specialized rivals.

What is KE's market cap bracket?

Kimball Electronics is classified as a small-cap company. Small-cap stocks typically carry higher volatility and liquidity risk than large- or mega-cap peers, which is a relevant consideration for position sizing and portfolio construction.

Who founded Kimball Electronics?

Kimball Electronics traces its roots to 1961 as part of Kimball International before becoming an independent publicly traded company in 2014. Founding and historical context is widely available through the company's official investor relations materials and public filings.

Is KE a long-term quality investment?

As a long-term quality indicator, KE's UQS profile raises caution — Weak Quality and Weak Moat ratings suggest the business has not consistently generated strong returns or demonstrated durable competitive advantages. The Good Risk score is a positive, but sustained long-term quality typically requires stronger fundamentals across multiple pillars.

What is the main competitive advantage of Kimball Electronics?

Kimball Electronics' primary advantage lies in its geographic diversification and multi-sector manufacturing capabilities, allowing customers to consolidate outsourcing across automotive, medical, and industrial needs. However, the UQS Moat pillar rates this advantage as Weak, reflecting the commoditized nature of contract manufacturing.

What sector does KE belong to?

Kimball Electronics is classified in the Industrials sector, specifically within contract electronics and diversified manufacturing services. The Industrials sector is sensitive to broader economic cycles, capital spending trends, and end-market demand from automotive and industrial customers.

Is KE a growth stock or value stock?

Based on UQS pillar labels, KE does not fit neatly into either category. The Growth pillar is rated Weak, ruling out a traditional growth profile. The Valuation pillar is Attractive, giving it a value-leaning characteristic — though value without improving fundamentals carries its own risks.

Unlock Full KE Analysis

Sign in to unlock the detailed analysis behind the UQS Score.

  • View exact UQS Score and all five pillar scores
  • Access underlying financial metrics driving each pillar
  • Compare KE against sector peers side by side
  • Track pillar changes across quarterly reporting cycles
  • Screen small-cap industrials by quality and valuation
  • Get the complete analyst-grade view in one dashboard
Analyze KE in Detail →

Pro Analysis

KE — Score History

35404550Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 9 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 7, 202641.335.520.024.264.585.9+0.2
May 3, 202641.135.520.024.264.584.5+0.1
Apr 26, 202641.035.520.024.264.584.2-0.1
Apr 19, 202641.135.520.024.264.584.6-0.1
Apr 18, 202641.235.520.024.264.585.1+0.3
Apr 14, 202640.935.520.024.264.583.6-0.1
Apr 12, 202641.035.520.024.264.583.9-0.2
Apr 5, 202641.235.520.024.264.585.4-0.1
Apr 2, 202641.335.520.024.264.586.0

KE — Pillar Breakdown

Quality

34.5/100 (25%)

Kimball Electronics, Inc. currently shows below-average quality metrics, suggesting challenges with profitability.

Capital Efficiency (ROIC)Weak

How effectively capital is deployed to generate returns.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityWeak

Ability to convert revenue into operating profit.

Net ProfitabilityWeak

Bottom-line profit as a share of revenue.

Gross Profit / AssetsWeak

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationStrong

Free cash flow relative to market value.

Growth

24.1/100 (20%)

Kimball Electronics, Inc. faces growth headwinds with declining or stagnant revenue trends.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookWeak

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

66.4/100 (15%)

Kimball Electronics, Inc. maintains a reasonable risk profile with manageable debt levels.

Financial LeverageModerate

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioModerate

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

84.5/100 (15%)

Kimball Electronics, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldModerate

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowStrong

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorStrong

Enterprise value multiple relative to sector median.

Moat

20/100 (25%)

Kimball Electronics, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for KE.

Score Composition

Quality
34.5×25%8.6
Growth
24.1×20%4.8
Risk
66.4×15%10.0
Valuation
84.5×15%12.7
Moat
20.0×25%5.0
Total
41.1Below Average

Financial Data

More Stock Analysis

How is the KE UQS Score Calculated?

The UQS (Unified Quality Score) for Kimball Electronics, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Kimball Electronics, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Kimball Electronics, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.