Flex Ltd. (NASDAQ:FLEX) and Kimball International Inc. (NASDAQ:KBAL) compete against each other in the Printed Circuit Boards sector. We will contrast them and contrast their profitability, analyst recommendations, risk, institutional ownership, dividends, earnings and valuation.
Valuation & Earnings
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Kimball International Inc.||726.76M||0.71||36.38M||0.93||17.33|
Table 1 highlights Flex Ltd. and Kimball International Inc.’s gross revenue, earnings per share and valuation. Kimball International Inc. is observed to has lower revenue, but higher earnings than Flex Ltd. Business that currently has a higher P/E ratio means that it is the more expensive of the two businesses. Flex Ltd. has been trading at a higher P/E ratio than Kimball International Inc., which means that it is at the moment the more expensive of the two companies.
Table 2 represents Flex Ltd. (NASDAQ:FLEX) and Kimball International Inc. (NASDAQ:KBAL)’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Kimball International Inc.||5.01%||18.7%||11.1%|
Volatility & Risk
A 1.79 beta indicates that Flex Ltd. is 79.00% more volatile compared to Standard & Poor’s 500. Kimball International Inc. on the other hand, has 0.88 beta which makes it 12.00% less volatile compared to Standard & Poor’s 500.
The Current Ratio and Quick Ratio of Flex Ltd. are 1.3 and 0.7 respectively. Its competitor Kimball International Inc.’s Current Ratio is 1.7 and its Quick Ratio is 1.3. Kimball International Inc. can pay off short and long-term obligations better than Flex Ltd.
Meanwhile, Kimball International Inc.’s annual dividend is $0.3 per share and it also boasts of a 2.11% dividend yield. Flex Ltd. does not offer a dividend.
Flex Ltd. and Kimball International Inc. Recommendations and Ratings are available in the next table.
|Sell Ratings||Hold Ratings||Buy Ratings||Rating Score|
|Kimball International Inc.||0||0||0||0.00|
The upside potential is 20.00% for Flex Ltd. with average target price of $12.
Institutional & Insider Ownership
The shares of both Flex Ltd. and Kimball International Inc. are owned by institutional investors at 96.4% and 64% respectively. 0.6% are Flex Ltd.’s share owned by insiders. Comparatively, 1.8% are Kimball International Inc.’s share owned by insiders.
Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.
|Performance (W)||Performance (M)||Performance (Q)||Performance (HY)||Performance (Y)||Performance (YTD)|
|Kimball International Inc.||6.36%||13.59%||4.15%||-8.91%||-4.06%||13.11%|
For the past year Flex Ltd. was more bullish than Kimball International Inc.
Kimball International Inc. beats on 9 of the 15 factors Flex Ltd.
Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide. It offers innovation services, such as innovations labs for supporting customer design and product development services from early concept stages; collective innovation platform, an ecosystem of technology solutions; Lab IX, a startup accelerator program; centers of excellence solutions in critical areas; interconnect technology center for printed circuits; and CloudLabs that enables customers to accelerate a spectrum of cloud, converged infrastructure, and datacenter strategies. The company also provides design and engineering services, including contract design and joint development manufacturing services, which cover various technical competencies, such as system architecture, user interface and industrial design, mechanical engineering, technology, enclosure systems, thermal and tooling design, electronic system design, reliability and failure analysis, and component level development engineering; and systems assembly and manufacturing services. In addition, it provides component product solutions, including rigid and flexible printed circuit board fabrication, and power supplies; after-market supply chain logistics services; and reverse logistics and repair services, such as returns management, exchange programs, complex repair, asset recovery, recycling and e-waste management for consumer and midrange products, printers, smart phones, consumer medical devices, notebooks, PC's, set-top boxes, game consoles, and infrastructure products. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1990 and is based in Singapore.
Kimball International, Inc. manufactures and sells furniture products under the Kimball, National, and Kimball Hospitality brand names in the United States and internationally. The company provides office furniture, including desks, tables, seating, bookcases, and filing and storage units for federal, state, and local government offices, as well as other government related entities; and furniture solutions comprising headboards, tables, seating, vanities, and casegoods for hotel properties and mixed use developments. Its furniture solutions are used in collaborative and open work space areas, conference and meeting/huddle rooms, training rooms, private offices, learning areas, classrooms, lobby/reception areas, and dining/cafÃ© areas with a mix of wood, metal, laminate, paint, fabric, solid surface, and plastic options. In addition, it offers patient room and lounge seating and casegoods for the healthcare market. The company markets and sells its products through sales representatives to end users, office furniture dealers, wholesalers, brokers, designers, purchasing companies, and catalog houses. The company was formerly known as The Jasper Corporation and changed its name to Kimball International, Inc. in July 1974. Kimball International, Inc. was incorporated in 1939 and is headquartered in Jasper, Indiana.