KEMET Company Profile (NYSE:KEM)


KEMET logoKEMET Corporation (KEMET) is a manufacturer of passive electronic components. The Company operates in two segments: Solid Capacitors, and Film and Electrolytic. The Solid Capacitors segment primarily produces tantalum, aluminum, polymer and ceramic capacitors. Solid Capacitors also produces tantalum powder used in the production of tantalum capacitors. The Film and Electrolytic Business Group produces film, paper and wet aluminum electrolytic capacitors. It also designs and produces EMI Filters. The Company's product offerings include surface mount, which are attached directly to the circuit board; leaded capacitors, which are attached to the circuit board using lead wires, and chassis-mount and other pin-through-hole board-mount capacitors, which utilize attachment methods, such as screw terminal and snap-in. The Company sells its products to a range of original equipment manufacturers (OEMs) and electronics manufacturing services (EMS) providers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Electronics
  • Sub-Industry: Electronic Manufacturing Services
  • Symbol: NYSE:KEM
  • CUSIP: 48836020
  • Web:
  • Market Cap: $646.16 million
  • Outstanding Shares: 46,688,000
Average Prices:
  • 50 Day Moving Avg: $12.27
  • 200 Day Moving Avg: $8.98
  • 52 Week Range: $2.55 - $14.65
  • Trailing P/E Ratio: 15.91
  • Foreward P/E Ratio: 12.25
  • P/E Growth: 1.19
Sales & Book Value:
  • Annual Revenue: $757.79 million
  • Price / Sales: 0.85
  • Book Value: $3.31 per share
  • Price / Book: 4.18
  • EBIDTA: $90.59 million
  • Net Margins: -2.70%
  • Return on Equity: 15.21%
  • Return on Assets: 2.10%
  • Debt-to-Equity Ratio: 4.27%
  • Current Ratio: 3.17%
  • Quick Ratio: 1.77%
  • Average Volume: 739,805 shs.
  • Beta: 3.29
  • Short Ratio: 1.48

Frequently Asked Questions for KEMET (NYSE:KEM)

What is KEMET's stock symbol?

KEMET trades on the New York Stock Exchange (NYSE) under the ticker symbol "KEM."

How were KEMET's earnings last quarter?

KEMET Co. (NYSE:KEM) released its quarterly earnings results on Wednesday, May, 10th. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.04. The company earned $197.52 million during the quarter, compared to analysts' expectations of $191.73 million. KEMET had a positive return on equity of 15.21% and a negative net margin of 2.70%. The firm's revenue was up 7.4% compared to the same quarter last year. During the same period last year, the business posted $0.04 earnings per share. View KEMET's Earnings History.

Where is KEMET's stock going? Where will KEMET's stock price be in 2017?

2 brokers have issued 1-year price targets for KEMET's stock. Their predictions range from $11.00 to $17.00. On average, they expect KEMET's share price to reach $14.00 in the next twelve months. View Analyst Ratings for KEMET.

What are analysts saying about KEMET stock?

Here are some recent quotes from research analysts about KEMET stock:

  • 1. According to Zacks Investment Research, "KEMET Corporation and its subsidiaries is the world's largest manufacturer of solid tantalum capacitors and and one of the world's largest manufacturer of multilayer ceramic capacitors. According to industry sources, tantalum and ceramic capacitors are the two fastest growing sectors of the United States capacitor industry. Capacitors are electronic components that store, filter and regulate electrical energy and current flow and are one of the essential passive components used on circuit boards. " (5/4/2017)
  • 2. Stifel Nicolaus analysts commented, "As we contemplated potentially favorable terms of Kemet's acquisition of NEC Tokin, following indications earlier this month that it hoped to close the deal by the June quarter under a different structure than originally designed, we didn't come close to calculating a transaction as favorable as the one announced this morning. Indeed, under terms of the agreement with NEC Corp., Kemet is buying the passive-component portion of NEC Tokin for $197mn, but nearly all of that price is coming out of Tokin through a sale of a division. The net of this is that Kemet will add ~$26mn in EBITDA from Tokin (on a trailing basis) and decrease its net debt from $281mn to $207mn (or even lower if you exclude $86mn in accruals for legal liabilities). In addition, Kemet believes it can take an additional $20mn in costs out of Tokin in the next two years. Thus we see earnings and EBITDA increasing significantly in FY18 and FY19, potentially to $1 in adjusted earnings. So how to value the stock now? To be sure, there are still risks associated with further restructuring in Japan. Still, the company is in a much stronger position today than it has been in years, with a broader product offering and a more solid balance sheet. We move our PT to $10, which is roughly 12x estimated pro forma FY18 EPS of $0.80, and is in line it peers in the passive-component space." (2/24/2017)

Are investors shorting KEMET?

KEMET saw a decline in short interest during the month of April. As of April 28th, there was short interest totalling 409,624 shares, a decline of 40.6% from the April 13th total of 689,073 shares. Based on an average daily volume of 380,856 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.0% of the shares of the company are sold short.

Who are some of KEMET's key competitors?

Who owns KEMET stock?

KEMET's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Royce & Associates LP (6.36%), Dimensional Fund Advisors LP (6.09%), Renaissance Technologies LLC (5.11%), Schneider Capital Management Corp (3.63%), Vanguard Group Inc. (3.33%) and Morgan Stanley (1.39%). Company insiders that own KEMET stock include Charles C Meeks Jr, Claudio Lollini, Joseph Vincent Borruso, Per Olof Loof, Ronald James Assaf, Susan Berish Barkal, Wilfried Backes and William M Lowe Jr. View Institutional Ownership Trends for KEMET.

Who sold KEMET stock? Who is selling KEMET stock?

KEMET's stock was sold by a variety of institutional investors in the last quarter, including B. Riley Financial Inc., Bank of America Corp DE, Royce & Associates LP, Suntrust Banks Inc., EAM Investors LLC, Algert Global LLC, Credit Suisse AG and LSV Asset Management. Company insiders that have sold KEMET stock in the last year include Charles C Meeks Jr, Claudio Lollini, Per Olof Loof, Ronald James Assaf, Susan Berish Barkal and William M Lowe Jr. View Insider Buying and Selling for KEMET.

Who bought KEMET stock? Who is buying KEMET stock?

KEMET's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Hennessy Advisors Inc., Dimensional Fund Advisors LP, Bogle Investment Management L P DE, Morgan Stanley, Mckinley Capital Management LLC Delaware, Brant Point Investment Management LLC and Goldman Sachs Group Inc.. Company insiders that have bought KEMET stock in the last two years include Joseph Vincent Borruso, Susan Berish Barkal, Wilfried Backes and William M Lowe Jr. View Insider Buying and Selling for KEMET.

How do I buy KEMET stock?

Shares of KEMET can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of KEMET stock cost?

One share of KEMET stock can currently be purchased for approximately $13.84.

Analyst Ratings

Consensus Ratings for KEMET (NYSE:KEM) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $14.00 (1.16% upside)

Analysts' Ratings History for KEMET (NYSE:KEM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017B. RileyReiterated RatingBuy$17.00MediumView Rating Details
5/2/2017Stifel NicolausBoost Price TargetHold$10.00 -> $11.00LowView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for KEMET (NYSE:KEM)
Earnings by Quarter for KEMET (NYSE:KEM)
Earnings History by Quarter for KEMET (NYSE:KEM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q4 2017$0.10$0.14$191.73 million$197.52 millionViewN/AView Earnings Details
2/2/2017Q317$0.09$0.11$183.85 million$188.00 millionViewListenView Earnings Details
11/1/2016Q217$0.04$0.11$187.99 million$187.30 millionViewListenView Earnings Details
7/28/2016Q117$0.05$0.06$183.13 million$184.90 millionViewListenView Earnings Details
5/3/2016Q416$0.07$0.04$180.81 million$183.90 millionViewListenView Earnings Details
1/28/2016Q316$0.09$0.04$183.85 million$177.20 millionViewListenView Earnings Details
10/29/2015Q2($0.01)$0.09$186.81 million$186.12 millionViewListenView Earnings Details
7/28/2015Q116($0.02)$0.01$194.26 million$187.60 millionViewListenView Earnings Details
5/5/2015Q415$0.07($0.06)$204.49 million$193.70 millionViewN/AView Earnings Details
1/29/2015Q315$0.07$0.11$208.12 million$201.30 millionViewN/AView Earnings Details
10/30/2014Q215$0.03$0.07$208.88 million$215.30 millionViewN/AView Earnings Details
7/24/2014Q414$0.02($0.07)$215.60 million$212.90 millionViewN/AView Earnings Details
5/8/2014Q4$0.02$0.01$207.07 million$215.82 millionViewListenView Earnings Details
1/30/2014Q314($0.06)$0.02$213.60 million$207.30 millionViewListenView Earnings Details
10/31/2013Q214($0.27)($0.13)$206.10 million$212.70 millionViewListenView Earnings Details
7/25/2013Q1 2014($0.22)($0.38)$205.35 million$202.72 millionViewListenView Earnings Details
5/9/2013Q4 2013($0.08)($0.22)$201.57 million$203.50 millionViewListenView Earnings Details
1/31/2013Q3 2013($0.19)($0.05)$200.63 million$200.30 millionViewListenView Earnings Details
11/1/2012Q213($0.09)($0.14)$223.88 million$216.00 millionViewN/AView Earnings Details
7/26/2012($0.08)($0.20)ViewN/AView Earnings Details
5/10/2012($0.05)($0.16)ViewN/AView Earnings Details
2/2/2012$0.06$0.04ViewN/AView Earnings Details
10/27/2011$0.46$0.43ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for KEMET (NYSE:KEM)
2017 EPS Consensus Estimate: $0.24
2018 EPS Consensus Estimate: $0.75
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.04$0.04$0.04
Q2 20171$0.05$0.05$0.05
Q3 20171$0.07$0.07$0.07
Q4 20171$0.08$0.08$0.08
Q1 20181$0.05$0.05$0.05
Q2 20181$0.23$0.23$0.23
Q3 20181$0.22$0.22$0.22
Q4 20181$0.25$0.25$0.25
(Data provided by Zacks Investment Research)


Dividend History for KEMET (NYSE:KEM)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for KEMET (NYSE:KEM)
Insider Ownership Percentage: 3.84%
Institutional Ownership Percentage: 52.04%
Insider Trades by Quarter for KEMET (NYSE:KEM)
Institutional Ownership by Quarter for KEMET (NYSE:KEM)
Insider Trades by Quarter for KEMET (NYSE:KEM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/22/2017Per Olof LoofCEOSell133,334$13.13$1,750,675.42View SEC Filing  
5/16/2017Claudio LolliniVPSell9,500$14.20$134,900.00View SEC Filing  
5/15/2017Charles C Meeks JrInsiderSell115,000$14.33$1,647,950.00View SEC Filing  
5/15/2017William M Lowe JrCFOSell68,422$14.36$982,539.92View SEC Filing  
2/27/2017Ronald James AssafSVPSell9,000$10.92$98,280.00View SEC Filing  
2/27/2017Susan Berish BarkalVPSell4,000$11.03$44,120.00View SEC Filing  
2/1/2016William M Lowe JrCFOBuy10,000$1.51$15,100.00View SEC Filing  
8/24/2015Joseph Vincent BorrusoDirectorBuy5,000$1.63$8,150.00View SEC Filing  
7/31/2015Susan Berish BarkalVPBuy1,000$2.35$2,350.00View SEC Filing  
7/31/2015Wilfried BackesDirectorBuy10,000$2.33$23,300.00View SEC Filing  
6/8/2015Joseph Vincent BorrusoDirectorBuy1,000$3.13$3,130.00View SEC Filing  
2/2/2015Joseph Vincent BorrusoDirectorBuy1,000$3.78$3,780.00View SEC Filing  
6/7/2013Joseph Vincent BorrusoDirectorBuy1,000$4.39$4,390.00View SEC Filing  
5/24/2013Robert G PaulDirectorBuy7,500$4.45$33,375.00View SEC Filing  
11/29/2012Wilfried BackesDirectorBuy5,000$4.18$20,900.00View SEC Filing  
11/12/2012Joseph Vincent BorrusoDirectorBuy1,000$4.40$4,400.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for KEMET (NYSE:KEM)
Latest Headlines for KEMET (NYSE:KEM)
DateHeadline logoKEMET (KEM) Presents At 18th Annual B. Riley & Co. Institutional Investor Conference - Slideshow - May 26 at 11:58 PM logo KEMET Co. (KEM) Given Average Rating of "Buy" by Brokerages - May 26 at 4:34 PM logoInsider Selling: KEMET Co. (KEM) CEO Sells 133,334 Shares of Stock - May 22 at 10:26 PM logoMetal Oxide Varistor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 - May 19 at 10:39 AM logoClaudio Lollini Sells 9,500 Shares of KEMET Co. (KEM) Stock - May 17 at 1:23 PM logoKEMET Co. (KEM) CFO Sells $982,539.92 in Stock - May 17 at 1:23 PM logoCharles C. Meeks, Jr. Sells 115,000 Shares of KEMET Co. (KEM) Stock - May 17 at 1:23 PM logoShort Interest in KEMET Co. (KEM) Drops By 40.6% - May 16 at 7:04 AM logoKEMET's (KEM) Buy Rating Reiterated at B. Riley - May 15 at 7:34 PM logoQ2 2018 EPS Estimates for KEMET Co. (KEM) Boosted by B. Riley - May 15 at 9:18 AM logo$261.75 Million in Sales Expected for KEMET Co. (KEM) This Quarter - May 12 at 1:16 PM logoZacks: KEMET Co. (KEM) Given $12.25 Average Target Price by Analysts - May 11 at 2:32 PM logoEdited Transcript of KEM earnings conference call or presentation 10-May-17 1:00pm GMT - May 10 at 11:06 PM logoKEMET Co. (KEM) Expected to Announce Earnings of $0.08 Per Share - May 10 at 8:24 PM logoKEMET Co. (KEM) Receives "Buy" Rating from B. Riley - May 10 at 7:03 PM logoKEMET Co. (KEM) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS - May 10 at 4:16 PM logoKEMET Reports Preliminary Fourth Quarter and Fiscal Year 2017 Results - May 10 at 1:05 PM logoKemet beats Street 4Q forecasts - May 10 at 8:56 AM logoZacks Investment Research Upgrades KEMET Co. (KEM) to "Buy" - May 5 at 12:46 AM logoKEMET (KEM) Receiving Positive Media Coverage, Report Finds - May 3 at 4:22 PM logoStifel Nicolaus Reaffirms Hold Rating for KEMET Co. (KEM) - May 2 at 4:52 PM logoBRIEF-Kemet announces completion of refinancing - May 1 at 1:04 PM logoKEMET Announces Completion of Refinancing; Significant Lowering of Annual Interest Expense; Added Operational Flexibility - May 1 at 1:04 PM logoKEMET Corporation CEO Per-Olof Loof Inducted into NSU’s 2017 Business and Entrepreneurship Hall of Fame - April 27 at 6:44 PM logo$191.07 Million in Sales Expected for KEMET Co. (KEM) This Quarter - April 27 at 12:16 AM logo Brokerages Anticipate KEMET Co. (KEM) Will Announce Earnings of $0.08 Per Share - April 27 at 12:16 AM logoKEMET (KEM) Receiving Somewhat Negative News Coverage, Study Finds - April 25 at 1:01 PM logoZacks: Analysts Expect KEMET Co. (KEM) Will Announce Quarterly Sales of $191.07 Million - April 21 at 12:47 PM logoMoody's Liquidity Stress Index dips again in April; credit markets remain open to speculative-grade companies - April 20 at 6:12 PM logo$0.08 EPS Expected for KEMET Co. (KEM) This Quarter - April 20 at 12:04 AM logoKEMET Completes Acquisition of NEC TOKIN - April 19 at 8:58 AM logoKEMET (KEM) Receives Daily News Impact Score of 0.37 - April 19 at 8:05 AM logoKEMET Co. (KEM) Sees Significant Drop in Short Interest - April 18 at 7:08 AM logoNEC TOKIN Completes Sale of EMD Business - April 14 at 9:11 AM logoSomewhat Favorable Media Coverage Very Likely to Impact KEMET (KEM) Stock Price - April 13 at 3:58 PM logoKEMET Announces Date for Fiscal Fourth Quarter and Fiscal Year 2017 Financial Results - April 12 at 7:06 PM logoKEMET Co. (KEM) Lowered to Hold at Zacks Investment Research - April 8 at 1:04 PM logoKEMET Electronics Corporation -- Moody's upgrades KEMET's CFR to B3 and rates new Sr Sec Term Loan at B3; outlook positive - April 4 at 6:15 AM logoKEMET Announces Expected Closing Date of NEC TOKIN Acquisition - March 31 at 6:07 PM logo4:27 pm KEMET announces expected closing date of NEC TOKIN acquisition on or about April 19, 2017 - March 31 at 6:07 PM logo3 Stocks That Turned $3,000 Into More Than $15,000 in Just 1 Year - March 28 at 10:57 AM logoWill KEMET (KEM) Continue to Surge Higher? - March 14 at 11:35 AM logo22 Stocks Moving In Monday's Pre-Market Session - Benzinga - March 1 at 5:48 PM logoKEMET Announces Agreement to Acquire NEC TOKIN - GlobeNewswire (press release) - February 25 at 10:53 PM logoWhy KEMET Corporation Shares Surged Today - Motley Fool - February 25 at 10:53 PM logoMid-Day Market Update: AXT Rises After Strong Q4 Results; Cyclacel Pharma Shares Tumble - February 24 at 7:23 PM logoKEMET (KEM) Catches Eye: Stock Rallies 22.9% in Session - February 24 at 9:58 AM logoKEMET acquire NEC Tokin - February 23 at 6:09 PM logoKemet Corporation (KEM) to Buy NEC TOKIN - February 23 at 6:09 PM logoKEMET Announces Agreement to Acquire NEC TOKIN - February 23 at 6:09 PM



KEMET (KEM) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff