Stock In Focus – TAM Stock Screener – Kimball International Inc (NASDAQ: KBAL)
Thursday, May 21, 2020 · Johnny Hopkins
As part of a new series here at The Acquirer’s Multiple, we’re providing a new feature called ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners.
One of the cheapest stocks in our Stock Screeners is Kimball International Inc (NASDAQ: KBAL).
Kimball International Inc is a furniture manufacturer. The company recently consolidated its furniture business and now manufactures office and hospitality furniture exclusively. The company core market includes commercial, hospitality, healthcare, education, government, and finance markets. The firm’s furniture brand portfolio comprises of Kimball, National, and Kimball Hospitality.
A quick look at Kimball International’s share price history (below) over the past twelve months shows that the price is down 35%. Here’s why the company is undervalued.

Summary
Market Cap: $391 Million
Enterprise Value: $323 Million
Operating Earnings*
Operating Earnings: $65 Million
Acquirer’s Multiple
Acquirer’s Multiple: 4.98
Free Cash Flow (TTM)
Free Cash Flow: $15.9 Million
FCF/EV Yield:
FCF/EV Yield: 5%
Other Indicators
Piotroski F-Score: 5
Altman Z-Score: 5.6
Beneish M-Score: -2.15