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4.47 (1y: -19%)
Market Cap 200.4 M P/E(ttm)
Enterprise Value 452.58 M P/B
KEM- NYSE (USA)
Kemet Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$4.47
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt No Debt
KEM's Cash to Debt is ranked lower than
66% of the 1561 Companies
in the Global Electronic Components industry.

( Industry Median: 118.50 vs. KEM: No Debt )
KEM' s 10-Year Cash to Debt Range
Min: 0.12   Max: No Debt
Current: No Debt
Z-Score: 0.99
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) -3.90
KEM's Operating margin (%) is ranked higher than
52% of the 1946 Companies
in the Global Electronic Components industry.

( Industry Median: 3.80 vs. KEM: -3.90 )
KEM' s 10-Year Operating margin (%) Range
Min: -41.1   Max: 40.3
Current: -3.9
-41.1
40.3
Net-margin (%) -8.1
KEM's Net-margin (%) is ranked higher than
51% of the 1946 Companies
in the Global Electronic Components industry.

( Industry Median: 2.70 vs. KEM: -8.1 )
KEM' s 10-Year Net-margin (%) Range
Min: -40.9   Max: 25.1
Current: -8.1
-40.9
25.1
Revenue Growth (%) -9.7
KEM's Revenue Growth (%) is ranked higher than
83% of the 1946 Companies
in the Global Electronic Components industry.

( Industry Median: 1.65 vs. KEM: -9.7 )
KEM' s 10-Year Revenue Growth (%) Range
Min: -25.1   Max: 19.9
Current: -9.7
-25.1
19.9
EBITDA Growth (%) -45.5
KEM's EBITDA Growth (%) is ranked lower than
56% of the 1946 Companies
in the Global Electronic Components industry.

( Industry Median: 3.25 vs. KEM: -45.5 )
KEM' s 10-Year EBITDA Growth (%) Range
Min: -45.5   Max: 19.4
Current: -45.5
-45.5
19.4
EPS Growth (%) -12.2
KEM's EPS Growth (%) is ranked lower than
73% of the 1561 Companies
in the Global Electronic Components industry.

( Industry Median: 4.80 vs. KEM: -12.2 )
KEM' s 10-Year EPS Growth (%) Range
Min: 0   Max: 58.3
Current: -12.2
0
58.3
ยป KEM's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

KEM Guru Trades in Q2 2012

Arnold Schneider 24,500 sh (New)
Joel Greenblatt 157,506 sh (+1.66%)
Chuck Royce 1,582,787 sh (+0.18%)
Mario Gabelli 60,000 sh (unchged)
Steven Cohen Sold Out
Jim Simons 90,611 sh (-59.99%)
» More
Q3 2012

KEM Guru Trades in Q3 2012

Arnold Schneider 678,955 sh (+2671.24%)
Jim Simons 166,299 sh (+83.53%)
Chuck Royce 1,760,587 sh (+11.23%)
Mario Gabelli 55,000 sh (-8.33%)
Joel Greenblatt 96,996 sh (-38.42%)
» More
Q4 2012

KEM Guru Trades in Q4 2012

Arnold Schneider 821,494 sh (+20.99%)
Chuck Royce 1,812,587 sh (+2.95%)
Mario Gabelli Sold Out
Joel Greenblatt Sold Out
Jim Simons 90,606 sh (-45.52%)
» More
Q1 2013

KEM Guru Trades in Q1 2013

Chuck Royce 1,941,952 sh (+7.14%)
Jim Simons Sold Out
Arnold Schneider 814,600 sh (-0.84%)
» More
» Details

Insider Trades

Latest Guru Trades with KEM

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2012-12-31 Sold Out 0.03%$3.75 - $5.2 $ 4.470%0
Mario Gabelli 2012-12-31 Sold Out 0.0018%$3.75 - $5.2 $ 4.470%0
Joel Greenblatt 2012-09-30 Reduce -38.42%0.03%$4.37 - $6.26 $ 4.47-9%96996
Joel Greenblatt 2012-03-31 Add 70.74%0.05%$6.97 - $10.06 $ 4.47-48%154927
Joel Greenblatt 2011-12-31 Add 41.05%0.02%$6.49 - $10.47 $ 4.47-45%90737
Joel Greenblatt 2011-09-30 Add 64.26%0.03%$7.49 - $14.9 $ 4.47-57%64331
George Soros 2011-09-30 Sold Out 0.0021%$7.49 - $14.9 $ 4.47-57%0
Joel Greenblatt 2011-06-30 Reduce -24.69%0.06%$13.18 - $16.5 $ 4.47-70%39165
Joel Greenblatt 2011-03-31 New Buy0.23%$12.93 - $16.49 $ 4.47-69%52008
Mario Gabelli 2011-03-31 Reduce -60%0.02%$12.93 - $16.49 $ 4.47-69%80001
George Soros 2011-03-31 New Buy$12.93 - $16.49 $ 4.47-69%12900
Mario Gabelli 2010-09-30 New Buy0.01%$6.84068 - $11.8812 $ 4.47-52%605000
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/S 0.25
KEM's P/S is ranked higher than
78% of the 1561 Companies
in the Global Electronic Components industry.

( Industry Median: 0.73 vs. KEM: 0.25 )
KEM' s 10-Year P/S Range
Min: 0.01   Max: 4
Current: 0.25
0.01
4
EV-to-EBIT 11.8
KEM's EV-to-EBIT is ranked higher than
78% of the 1561 Companies
in the Global Electronic Components industry.

( Industry Median: 15.40 vs. KEM: 11.8 )
KEM' s 10-Year EV-to-EBIT Range
Min: 2.1   Max: 396
Current: 11.8
2.1
396
Shiller P/E 82.6
KEM's Shiller P/E is ranked higher than
99% of the 1561 Companies
in the Global Electronic Components industry.

( Industry Median: 21.15 vs. KEM: 82.6 )
KEM' s 10-Year Shiller P/E Range
Min: 14.39   Max: 1687.5
Current: 82.6
14.39
1687.5

Valuation & Return

vs
industry		 vs
history
Price/Median PS Value 0.2
KEM's Price/Median PS Value is ranked higher than
72% of the 1561 Companies
in the Global Electronic Components industry.

( Industry Median: 0.80 vs. KEM: 0.2 )
KEM' s 10-Year Price/Median PS Value Range
Min: 0.1   Max: 3
Current: 0.2
0.1
3
Earnings Yield (Greenblatt) 8.50
KEM's Earnings Yield (Greenblatt) is ranked higher than
86% of the 1561 Companies
in the Global Electronic Components industry.

( Industry Median: 5.45 vs. KEM: 8.50 )
KEM' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.3   Max: 47.3
Current: 8.5
0.3
47.3
Forward Rate of Return (Yacktman) 3.18
KEM's Forward Rate of Return (Yacktman) is ranked higher than
81% of the 1561 Companies
in the Global Electronic Components industry.

( Industry Median: 3.01 vs. KEM: 3.18 )
KEM' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -19.4   Max: 0.4
Current: 3.18
-19.4
0.4

Business Description

Kemet Corporation is a Delaware corporation that was formed in 1990. The company is a manufacturer of capacitors. Its product offerings include tantalum, multilayer ceramic, solid and electrolytic aluminum and film and paper capacitors. Capacitors are electronic components that store, filter and regulate electrical energy and current flow and are one of the essential passive components used in circuit boards. Capacitors are fundamental components of electronic circuits and are found in communication systems, data processing equipment, personal computers, cellular phones, automotive electronic systems, defense and aerospace systems, consumer electronics, power management systems and many other electronic devices and systems. The company manufactures capacitors in Europe, North America, and Asia. It has three business groups: Tantalum, Ceramic, and Film and Electrolytic. Its Tantalum Business Group is a manufacturer of solid tantalum and aluminum capacitors. This business group operates seven manufacturing sites in Portugal, Mexico, China and the United States and also maintains a product innovation center in the United States. Its Ceramic Business Group offers multilayer ceramic capacitors in a variety of sizes and configurations. For fiscal years 2012 and 2011, its Ceramic Business Group had consolidated net sales of $213.8 million and $210.5 million, respectively. Its other end markets include computing, telecommunications, automotive and general industries. This business group operates two manufacturing sites in Mexico and a finishing plant in China and maintains a product innovation center in the United States. It's Film and Electrolytic Business Group produces film, paper and wet aluminum electrolytic capacitors. The company entered this market through the acquisitions of Evox Rifa and Arcotronics in fiscal year 2008. On June 13, 2011, it completed the acquisition of KEMET Foil, which manufactures etched foils utilized as a core component in the manufacture of electrolytic capacitors. Film and Electrolytic also operates a machinery division located in Sasso Marconi, Italy that provides automation solutions for the manufacture, processing and assembly of metalized films, film/foil and electrolytic capacitors; and designs, assembles and installs automation solutions for the production of energy storage devices. For fiscal years 2012 and 2011, its Film and Electrolytic Business Group had consolidated net sales of $354.1 million and $321.4 million, respectively. Its Film and Electrolytic Business Group primarily serves the industrial, automotive, consumer and telecom markets. The company operates fourteen film and electrolytic manufacturing sites throughout Europe, Asia, Mexico and the United States and operates a product innovation center in Sweden. In June 2011, it began the production of power film capacitors in the United States to support alternative energy products and emerging green technologies, such as hybrid electric dr
Company Website
SEC Reports
Industry: Electronic Components
Compare:HTHIY, MIELY, APH, TEL, GLW
Traded in other countries:KM1N.Germany
ยป More Articles for KEM

Headlines

Articles On GuruFocus.com
Kemet Corporation: Vertically Integrated Tantalum Capacitor Manufacturer Feb 19 2013 
Chuck Royce Buys WGOV, DBRN, TER, FNSR, EPD, KEM, SYSW Feb 07 2011 
Arnold Van Den Berg Buys General Electric Company, W.W. Grainger Inc., Staples Inc., Sells Pfizer In May 21 2008 
A Small-Cap with Big Potential - Kemet - KEM Mar 05 2008 
Arnold Van Den Berg Buys The Walt Disney Company Disney, United Parcel Service, Inc., Applied Materi Feb 17 2008 

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