Kimball Electronics Stock Return On Asset

KE Stock  USD 19.68  0.13  0.66%   
Kimball Electronics fundamentals help investors to digest information that contributes to Kimball Electronics' financial success or failures. It also enables traders to predict the movement of Kimball Stock. The fundamental analysis module provides a way to measure Kimball Electronics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kimball Electronics stock.
As of November 22, 2024, Return On Assets is expected to decline to 0.02.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Kimball Electronics Company Return On Asset Analysis

Kimball Electronics' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Kimball Electronics Return On Asset

    
  0.0358  
Most of Kimball Electronics' fundamental indicators, such as Return On Asset, 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 Electronics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Kimball Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Kimball Electronics is extremely important. It helps to project a fair market value of Kimball Stock properly, considering its historical fundamentals such as Return On Asset. Since Kimball Electronics' 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 Electronics' 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 Electronics' interrelated accounts and indicators.
0.980.820.920.980.680.991.00.480.960.960.980.830.830.660.73-0.890.160.210.960.71
0.980.750.890.960.670.950.970.440.950.980.970.810.810.580.74-0.890.110.180.910.66
0.820.750.710.820.480.850.820.20.820.770.810.940.940.780.8-0.730.310.380.920.92
0.920.890.710.90.780.920.930.590.80.810.890.690.690.560.47-0.890.03-0.120.820.61
0.980.960.820.90.760.980.980.560.930.920.960.840.840.670.69-0.90.090.240.940.65
0.680.670.480.780.760.680.70.910.50.520.670.560.560.520.23-0.86-0.37-0.10.560.22
0.990.950.850.920.980.680.990.480.960.930.970.830.830.690.71-0.870.180.210.960.73
1.00.970.820.930.980.70.990.490.950.950.980.820.820.650.7-0.890.150.180.950.7
0.480.440.20.590.560.910.480.490.270.290.460.280.280.39-0.04-0.65-0.5-0.190.33-0.09
0.960.950.820.80.930.50.960.950.270.980.960.810.810.60.82-0.780.30.360.960.75
0.960.980.770.810.920.520.930.950.290.980.960.820.820.580.83-0.820.220.290.930.71
0.980.970.810.890.960.670.970.980.460.960.960.840.840.720.76-0.90.120.190.960.69
0.830.810.940.690.840.560.830.820.280.810.820.841.00.830.87-0.810.150.380.920.85
0.830.810.940.690.840.560.830.820.280.810.820.841.00.830.87-0.810.150.380.920.85
0.660.580.780.560.670.520.690.650.390.60.580.720.830.830.64-0.680.030.160.780.62
0.730.740.80.470.690.230.710.7-0.040.820.830.760.870.870.64-0.620.260.620.830.82
-0.89-0.89-0.73-0.89-0.9-0.86-0.87-0.89-0.65-0.78-0.82-0.9-0.81-0.81-0.68-0.620.18-0.08-0.82-0.57
0.160.110.310.030.09-0.370.180.15-0.50.30.220.120.150.150.030.260.180.140.250.47
0.210.180.38-0.120.24-0.10.210.18-0.190.360.290.190.380.380.160.62-0.080.140.330.36
0.960.910.920.820.940.560.960.950.330.960.930.960.920.920.780.83-0.820.250.330.82
0.710.660.920.610.650.220.730.7-0.090.750.710.690.850.850.620.82-0.570.470.360.82
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Kimball Total Assets

Total Assets

773.41 Million

At present, Kimball Electronics' Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Kimball Electronics has a Return On Asset of 0.0358. This is 107.02% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The return on asset for all United States stocks is 125.57% lower than that of the firm.

Kimball Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kimball Electronics' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kimball Electronics could also be used in its relative valuation, which is a method of valuing Kimball Electronics by comparing valuation metrics of similar companies.
Kimball Electronics is currently under evaluation in return on asset category among its peers.

Kimball Electronics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Kimball Electronics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kimball Electronics' managers, analysts, and investors.
Environmental
Governance
Social

Kimball Fundamentals

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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Kimball Electronics Piotroski F Score and Kimball Electronics Altman Z Score analysis.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Electronic Equipment, Instruments & Components space 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
0.906
Earnings Share
0.5
Revenue Per Share
65.86
Quarterly Revenue Growth
0.15
Return On Assets
0.0358
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 if Kimball Electronics is a good investment 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.