KEMET Corporation (N:KEM)

Sector:  Technology Industry:  Electronic Equipment & Parts
See Regulatory Filings on SEC
Company Contact
Address: Kemet Tower
One East Broward Blvd., 2Nd Floor
Tel: 1-954-7662838
IR: See website
Key People
Frank G. Brandenberg
Independent Chairman of the Board
Claudio Lollini
Senior Vice President - Global Sales and Marketing
William M. Lowe
Chief Executive Officer, Director
Gregory C. Thompson
Chief Financial Officer, Executive Vice President
Stefano Vetralla
Senior Vice President and Chief Human Resources Officer
Charles C. Meeks
Executive Vice President - Solid Capacitors
Shigenori Oyama
Executive Vice President, Magnetics, Sensors, and Actuators
Philip Michael Lessner
Senior Vice President, Chief Technology Officer
Susan Berish Barkal
Senior Vice President Quality, Chief Compliance Officer and Chief of Staff
R. James Assaf
Senior Vice President, General Counsel, Secretary
Business Overview
KEMET Corporation (KEMET) is a manufacturer of passive electronic components. The Company operates in three segments: Solid Capacitors, Film and Electrolytic, and Electro-Magnetic, Sensors, and Actuators (MSA). The Company offers multilayer ceramic, tantalum, film and aluminum (solid and electrolytic) capacitors, and electro-magnetic compatible (EMC) devices, sensors and actuators. 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), including computer, communications, automotive, military, consumer, industrial and aerospace industries.
Financial Overview
For the six months ended 30 September 2019, KEMET Corporation revenues decreased 1% to $672.6M. Net income decreased 65% to $25.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Corporate segment loss increase from $46.1M to $92.7M, Film & Electrolytic segment loss totaling $4M vs. income of $4.2M. Dividend per share totaled to $0.10.
Employees: 13,400 as of Sep 30, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $1,662M as of Sep 30, 2019
Annual revenue (TTM): $1,379M as of Sep 30, 2019
EBITDA (TTM): $300.64M as of Sep 30, 2019
Net annual income (TTM): $159.31M as of Sep 30, 2019
Free cash flow (TTM): -$37.22M as of Sep 30, 2019
Net Debt Last Fiscal Year: $112.89M as of Sep 30, 2019
Shares outstanding: 58,267,253 as of Jan 9, 2020
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization