Kimball Z Score

KE
 Stock
  

USD 22.91  0.04  0.17%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please see Kimball Electrnc Piotroski F Score and Kimball Electrnc Valuation analysis.
  
Kimball Electrnc Market Capitalization is projected to increase significantly based on the last few years of reporting. The past year's Market Capitalization was at 499.49 Million. Kimball Electrnc Net Income Common Stock is projected to increase significantly based on the last few years of reporting. The past year's Net Income Common Stock was at 31.25 Million. The current year Weighted Average Shares is expected to grow to about 28.7 M, whereas Cost of Revenue is forecasted to decline to about 1.2 B.

Kimball Z Score Analysis

Kimball Electrnc's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2021 2022 (projected)
Consolidated Income18.2 M56.79 M31.25 M32.62 M
Direct Expenses1.12 B1.17 B1.24 B1.03 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Kimball Electrnc Z Score

    
  3.8  
Most of Kimball Electrnc's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kimball Electrnc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Kimball Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Kimball Electrnc is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Kimball Electrnc's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Kimball Electrnc's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Kimball Electrnc's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, Kimball Electrnc has a Z Score of 3.8. This is 6.63% lower than that of the Industrials sector and significantly higher than that of the Electrical Equipment & Parts industry. The z score for all United States stocks is 56.42% higher than that of the company.

Kimball Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kimball Electrnc's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kimball Electrnc could also be used in its relative valuation, which is a method of valuing Kimball Electrnc by comparing valuation metrics of similar companies.
Kimball Electrnc is currently under evaluation in z score category among related companies.

Kimball Electrnc Current Valuation Drivers

We derive many important indicators used in calculating different scores of Kimball Electrnc from analyzing Kimball Electrnc's financial statements. These drivers represent accounts that assess Kimball Electrnc's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Kimball Electrnc's 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

Kimball Electrnc Institutional Holders

Institutional Holdings refers to the ownership stake in Kimball Electrnc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kimball Electrnc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kimball Electrnc's value.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares4.1 K83 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares4.1 K82 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares1.5 K34 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares1.5 K40 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares1.5 K34 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares1.5 K40 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares1.5 K25 K

Kimball Fundamentals

About Kimball Electrnc Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kimball Electrnc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kimball Electrnc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kimball Electrnc 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 Electrnc Investors Sentiment

The influence of Kimball Electrnc's 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 Electrnc's 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 Electrnc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Kimball Electrnc's 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 Electrnc's 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 Electrnc's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kimball Electrnc.
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 Electrnc 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 Electrnc's short interest history, or implied volatility extrapolated from Kimball Electrnc options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Kimball Electrnc using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please see Kimball Electrnc Piotroski F Score and Kimball Electrnc Valuation analysis. Note that the Kimball Electrnc information on this page should be used as a complementary analysis to other Kimball Electrnc's 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Kimball Stock analysis

When running Kimball Electrnc price analysis, check to measure Kimball Electrnc's 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 Electrnc is operating at the current time. Most of Kimball Electrnc's value examination focuses on studying past and present price action to predict the probability of Kimball Electrnc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kimball Electrnc's price. Additionally, you may evaluate how the addition of Kimball Electrnc to your portfolios can decrease your overall portfolio volatility.
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Is Kimball Electrnc's 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 Electrnc. 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 Electrnc 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
566.1 M
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.043
Return On Equity
0.0853
The market value of Kimball Electrnc 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 Electrnc's value that differs from its market value or its book value, called intrinsic value, which is Kimball Electrnc's 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 Electrnc's market value can be influenced by many factors that don't directly affect Kimball Electrnc's 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 Electrnc's value and its price as these two are different measures arrived at by different means. Investors typically determine Kimball Electrnc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electrnc's 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.