Kimball Electronics Price To Earning vs. Return On Asset
| KE Stock | USD 19.93 0.23 1.17% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0615 | 0.0818 |
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| Net Profit Margin | 0.0114 | 0.012 |
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| Operating Profit Margin | 0.0245 | 0.0287 |
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| Pretax Profit Margin | 0.0262 | 0.0147 |
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| Return On Assets | 0.0161 | 0.017 |
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| Return On Equity | 0.0361 | 0.038 |
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For Kimball Electronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kimball Electronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kimball Electronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kimball Electronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kimball Electronics over time as well as its relative position and ranking within its peers.
Kimball |
Kimball Electronics' Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
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.
Kimball Electronics Return On Asset vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kimball Electronics's current stock value. Our valuation model uses many indicators to compare Kimball Electronics value to that of its competitors to determine the firm's financial worth. Kimball Electronics is rated third overall in price to earning category among its peers. It is currently regarded as number one stock in return on asset category among its peers . The ratio of Price To Earning to Return On Asset for Kimball Electronics is about 442.18 . As of November 26, 2024, Return On Assets is expected to decline to 0.02. Comparative valuation analysis is a catch-all technique that is used if you cannot value Kimball Electronics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Kimball Return On Asset vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Kimball Electronics |
| = | 15.83 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Kimball Electronics |
| = | 0.0358 |
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.
Kimball Return On Asset Comparison
Kimball Electronics is currently under evaluation in return on asset category among its peers.
Kimball Electronics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kimball Electronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kimball Electronics will eventually generate negative long term returns. The profitability progress is the general direction of Kimball Electronics' change in net profit over the period of time. It can combine multiple indicators of Kimball Electronics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -17.8 M | -16.9 M | |
| Operating Income | 49.3 M | 36.7 M | |
| Income Before Tax | 25.2 M | 39.2 M | |
| Total Other Income Expense Net | -24.1 M | -22.9 M | |
| Net Income | 20.5 M | 29 M | |
| Income Tax Expense | 4.7 M | 8.7 M | |
| Net Income Applicable To Common Shares | 64.2 M | 33.9 M | |
| Net Income From Continuing Ops | 20.5 M | 33.8 M | |
| Interest Income | 638 K | 509.4 K | |
| Net Interest Income | -23.1 M | -21.9 M | |
| Change To Netincome | 4.7 M | 4.9 M | |
| Net Income Per Share | 0.82 | 0.83 | |
| Income Quality | 3.57 | 3.75 | |
| Net Income Per E B T | 0.81 | 1.02 |
Kimball Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kimball Electronics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Kimball Electronics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Kimball Electronics' important profitability drivers and their relationship over time.
Use Kimball Electronics in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kimball Electronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kimball Electronics will appreciate offsetting losses from the drop in the long position's value.Kimball Electronics Pair Trading
Kimball Electronics Pair Trading Analysis
The ability to find closely correlated positions to Kimball Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kimball Electronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kimball Electronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kimball Electronics to buy it.
The correlation of Kimball Electronics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kimball Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kimball Electronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kimball Electronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Kimball Electronics position
In addition to having Kimball Electronics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
To fully project Kimball Electronics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kimball Electronics at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Kimball Electronics' income statement, its balance sheet, and the statement of cash flows.