Kimball Piotroski F Score

KE
 Stock
  

USD 22.99  0.10  0.43%   

This module uses fundamental data of Kimball Electronics to approximate its Piotroski F score. Kimball Electronics F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Kimball Electronics. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Kimball Electronics financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please see Kimball Electronics Altman Z Score, Kimball Electronics Correlation, Kimball Electronics Valuation, as well as analyze Kimball Electronics Alpha and Beta and Kimball Electronics Hype Analysis.
  
Kimball Electronics Issuance Repayment of Debt Securities is projected to based on the last few years of reporting. The past year's Issuance Repayment of Debt Securities was at 114.28 Million. The current year Debt to Equity Ratio is expected to grow to 0.43, whereas Debt Non Current is forecasted to decline to about 129.6 M. Kimball Electronics Calculated Tax Rate is projected to increase significantly based on the last few years of reporting. The past year's Calculated Tax Rate was at 28.53. The current year Inventory Turnover is expected to grow to 5.46, whereas PPandE Turnover is forecasted to decline to 7.12.
At this time, it appears that Kimball Electronics' Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsNegativeFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Kimball Electronics Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Kimball Electronics is to make sure Kimball is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Kimball Electronics' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Kimball Electronics' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted28.8 M25.2 M
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares28.7 M25.1 M
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets4.573.379
Significantly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations(85.4 M)(83.2 M)
Fairly Down
Decreasing
Slightly volatile
Current Liabilities441 M408.7 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities627.7 M581.8 M
Significantly Up
Increasing
Slightly volatile
Gross Margin7.387.751
Notably Down
Increasing
Slightly volatile
Total Debt194.8 M180.6 M
Significantly Up
Increasing
Slightly volatile
Asset Turnover1.761.4591
Fairly Up
Decreasing
Slightly volatile
Current Assets821.2 M761.1 M
Significantly Up
Increasing
Slightly volatile
Total Assets1.1 BB
Significantly Up
Increasing
Slightly volatile

Kimball Electronics F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Kimball Electronics' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Kimball Electronics in a much-optimized way.

About Kimball Electronics Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Operating Margin

3.61

Kimball Electronics Operating Margin is projected to increase slightly based on the last few years of reporting. The past year's Operating Margin was at 3.89

Kimball Electronics Current Valuation Drivers

We derive many important indicators used in calculating different scores of Kimball Electronics from analyzing Kimball Electronics' financial statements. These drivers represent accounts that assess Kimball Electronics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Kimball Electronics' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee2.94 K5.01 K2.83 K8.87 K4.34 K5.36 K
Revenue Per Employee188.08 K187.59 K187.07 K201.84 K187.44 K178.03 K
Average Assets597.46 M722.38 M757.73 M788.88 M927.67 M837.34 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA70.73 M68.79 M57.22 M102.82 M72.31 M63.13 M
Earnings Before Interest Taxes and Depreciation Amortization USD71.68 M71.43 M60.45 M106.24 M75.8 M75.34 M
Earnings before Tax44.77 M38.48 M25.16 M70.05 M43.73 M43.77 M
Average Equity350.67 M360.2 M375.21 M421.82 M448.17 M431.59 M
Enterprise Value460.52 M492.7 M402.42 M513.43 M600.98 M575.96 M
Free Cash Flow13.94 M(31.55 M)34.22 M91.26 M(157.44 M)(161.58 M)
Invested Capital331.53 M525.85 M524.02 M444.04 M731.04 M598.64 M
Invested Capital Average332.83 M450.76 M518.22 M471.37 M595.68 M523.5 M
Market Capitalization488.51 M412.8 M338.33 M542.57 M499.49 M519.92 M
Tangible Asset Value598.19 M723.82 M743.48 M785.04 M1.01 B872.86 M
Working Capital208.42 M280.4 M285.8 M282.62 M352.34 M310.62 M

About Kimball Electronics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kimball Electronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kimball Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kimball Electronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. Kimball Electronics, Inc. was founded in 1961 and is headquartered in Jasper, Indiana. Kimball Electrnc operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 7200 people.

Kimball Electronics Investors Sentiment

The influence of Kimball Electronics' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Kimball. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Kimball Electronics' public news can be used to forecast risks associated with investment in Kimball. The trend in average sentiment can be used to explain how an investor holding Kimball can time the market purely based on public headlines and social activities around Kimball Electronics. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Kimball Electronics' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Kimball Electronics' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Kimball Electronics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kimball Electronics.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kimball Electronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kimball Electronics' short interest history, or implied volatility extrapolated from Kimball Electronics options trading.

Becoming a Better Investor with Macroaxis

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Please see Kimball Electronics Altman Z Score, Kimball Electronics Correlation, Kimball Electronics Valuation, as well as analyze Kimball Electronics Alpha and Beta and Kimball Electronics Hype Analysis. Note that the Kimball Electronics information on this page should be used as a complementary analysis to other Kimball Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Kimball Electronics price analysis, check to measure Kimball Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kimball Electronics is operating at the current time. Most of Kimball Electronics' value examination focuses on studying past and present price action to predict the probability of Kimball Electronics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kimball Electronics' price. Additionally, you may evaluate how the addition of Kimball Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Kimball Electronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kimball Electronics. If investors know Kimball will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kimball Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
2.8
Market Capitalization
555 M
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.043
Return On Equity
0.0853
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine Kimball Electronics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.