OverviewSuggest Edit

Kemet is a global supplier of electronic components. Its product line consists of multilayer ceramic, tantalum, film and aluminum (solid and electrolytic) capacitors, and electro-magnetic compatible devices, sensors, and actuators. The company also offers surface mounts, 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.

TypePublic
Founded1919
HQFort Lauderdale, US
Websitekemet.com
Employee Ratings4.3

Latest Updates

Employees (est.) (Dec 2019)12,800(-4%)
Job Openings11
Revenue (FY, 2020)$1.3 B(-8%)
Share Price (May 2020)$27

Key People/Management at Kemet

William Lowe

William Lowe

Chief Executive Officer and Director
Gregory Thompson

Gregory Thompson

Executive Vice President and Chief Financial Officer
Chuck Meeks

Chuck Meeks

Executive Vice President, Solid Capacitor Business Group
Jamie Assaf

Jamie Assaf

Senior Vice President, General Counsel & Secretary
Susan Barkal

Susan Barkal

Senior Vice President - Chief of Staff
Tim Herring

Tim Herring

Senior Vice President – Chief Digital Officer
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Kemet Office Locations

Kemet has offices in Fort Lauderdale, Grapevine, Novi, San Jose and in 17 other locations
Fort Lauderdale, US (HQ)
1 E Broward Blvd 2nd Floor
Grapevine, US
2451 Stone Myers Pkwy #400
Novi, US
39555 Orchard Hill Pl #600
San Jose, US
2560 N 1st St #100
Simpsonville, US
2835 Kemet Way
Wilmington, US
340 Fordham Rd
Show all (21)

Kemet Financials and Metrics

Kemet Revenue

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Kemet's revenue was reported to be $1.26 b in FY, 2020
USD

Revenue (FY, 2020)

1.3b

Gross profit (FY, 2020)

420.5m

Gross profit margin (FY, 2020), %

33.4%

Net income (FY, 2020)

41.4m

EBIT (FY, 2020)

147.9m

Market capitalization (28-May-2020)

1.6b

Closing stock price (28-May-2020)

27.0

Cash (31-Mar-2020)

222.4m

EV

1.6b
Kemet's current market capitalization is $1.6 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

757.8m1.2b1.4b1.3b

Revenue growth, %

3%58%15%

Cost of goods sold

571.7m859.5m924.3m840.1m

Gross profit

186.1m340.4m458.5m420.5m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

274.0m301.5m306.4m327.6m349.2m350.2m345.2m327.4m294.7m

Cost of goods sold

197.3m216.4m213.9m232.8m235.7m226.4m223.6m213.7m201.6m

Gross profit

76.7m85.1m92.5m94.8m113.6m123.8m121.6m113.7m93.2m

Gross profit Margin, %

28%28%30%29%33%35%35%35%32%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

109.8m286.8m207.9m222.4m

Accounts Receivable

92.5m144.1m154.1m144.7m

Prepaid Expenses

36.1m

Inventories

148.0m204.4m241.1m243.2m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

48.0m254.5m206.6m41.4m

Depreciation and Amortization

37.3m49.8m52.6m62.8m

Inventories

16.8m(13.8m)(42.8m)(3.4m)

Accounts Payable

6.2m(16.1m)7.7m(41.4m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

220.6m233.5m252.1m35.2m72.4m113.2m40.3m25.1m41.7m

Depreciation and Amortization

12.2m25.6m36.7m13.1m25.6m38.4m14.3m29.4m45.5m

Cash From Operating Activities

10.3m40.1m82.7m(15.8m)33.0m82.7m33.7m51.7m90.7m

Capital Expenditures

(7.3m)(17.8m)(30.9m)(16.0m)(40.5m)(77.6m)(37.1m)(73.4m)(104.1m)
USDY, 2020

EV/EBIT

10.9 x

EV/CFO

10.2 x

Revenue/Employee

94.1k

Financial Leverage

2.2 x
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Kemet Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

New Product Launches

12.62 k6.96 k9.12 k13.87 k42.72 k15.83 k16.78 k17.36 k31.90 k959 8.99 k11.75 k

New Products Introduced

1.40 k187 670 741 1.08 k83 142 260 336 259 498 736

Manufacturing Space, sq. ft.

3 m4.80 m4.90 m

Manufacturing Facilities

18 23 23 24 24 24 24 24 23 22 22 21
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Kemet Acquisitions / Subsidiaries

Company NameDateDeal Size
TOKIN CorporationMarch 31, 2017
IntellidataApril 01, 2015
KEMET Blue Powder CorporationFebruary 07, 2012
ArcotronicsAugust 13, 2007$23 m
Evox Rifa Group OyjApril 04, 2007
Evox Rifa Pte Ltd.
KEMET de Mexico, S.A. de C.V.
KEMET Electronics AB
KEMET Electronics Asia Limited
KEMET Electronics Asia Pacific Pte Ltd.
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Kemet Revenue Breakdown

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Kemet revenue breakdown by business segment: 17.4% from MSA, 14.9% from Film and Electrolytic and 67.7% from Solid Capacitors

Kemet revenue breakdown by geographic segment: 13.4% from Japan , 6.7% from Taiwan , 13.0% from China , 5.7% from Europe , 9.3% from Germany, 14.1% from Hong Kong, 21.9% from United States and 16.0% from Other

Kemet Online and Social Media Presence

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Kemet News and Updates

UPDATE 1-Taiwan's Yageo to buy rival Kemet in $1.8 billion deal

Taiwanese electronic component company Yageo Corp plans to acquire U.S. rival Kemet Corp in a $1.8 billion deal aimed at expanding its global footprint, the two companies said.

Kemet stock rallies on Yageo's $1.8 billion buyout offer

Kemet Corp. shares rallied in the extended session Monday following an announcement that Taiwan's Yageo Corp. would acquire the electronics-components supplier company for $1.8 billion in cash. Kemet shares surged 13% after hours, following a 2.1% decline to close the regular session at $23.02. Ya…

Taiwan's tech firm Yageo to buy rival Kemet in $1.8 billion deal

Taiwan's technology company Yageo Corp said on Monday it would acquire rival electronic component maker Kemet Corp in a deal valued at $1.8 billion to expand its global footprint.

Kemet CEO resigns following investigation into personal relationship with employee

Electronics component maker Kemet Corp. said Chief Executive Per-Olof Loof has resigned, following an investigation into a consensual personal relationship with an employee, and "related actions which were inconsistent with the company's policies." The stock is still inactive in premarket trade. Th…

Leaded Multilayer Ceramic Capacitors Market is touching new levels – A comprehensive study segmented by Key Players : Vishay, AVX, Kemet, Panasonic, TDK

HTF MI recently introduced new title on “United States Leaded Multilayer Ceramic Capacitors Market Report 2018” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. Posted via Industry Tod…

Diamond Lapping Film Market Production, Revenue and Price Forecast by Type (2018-2025)

Diamond Lapping Film Market status and forecast, categorizes the global Diamond Lapping Film market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia,…
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Kemet Blogs

Webinar | A Virtual Tour of KEMET’s New Digital Experience

A Virtual Tour of KEMET's New Digital Experience KEMET's digital space has seen a major overhaul in the last few weeks. Join our Senior Technical Marketing Engineer, David Adeeb, as he reveals and demonstrates the new features and benefits of KEMET's new digital experience. In the webinar, you'll …

Webinar | The Keys to Choosing Passive Components For Your DC/DC Converters

The Keys to Choosing Passive Components For Your DC/DC Converters The work designing in a DC/DC regulator to power electronic systems doesn’t stop with your choice of switcher. All that careful work done to select the perfect device can be undone with poor passive component choices. In this webina…

COVID-19 May 19 Impact Statement: Facilities Fully Operational

Dear Valued Customer, KEMET is pleased to confirm that all our manufacturing facilities are fully operational, and production is running at levels that meet the market demands. In addition, our supply chains through our suppliers have been validated and we have taken additional measures to secure sh…

WP | Arc Resistant High Voltage X7R MLCC

Download PDF by Dr. John Bultitude The last few years has seen a significant advancement in the design of high voltage X7R MLCC with higher capacitance that are resistant to arcing. The purpose of this paper is to explain how these work and their benefits. To do this The post WP | Arc Resistant…

WP | Aluminum Electrolytics and Applied Power

Download PDF By: LeAnna Weakley Applied power plays a large role in the life of aluminum electrolytic capacitors. When no power is applied, the electrolyte attacks the aluminum oxide dielectric and lowers the voltage capability of the part. Once powered, the electrolyte is still reducing the di…

WP | Calculating Failure in Time (FIT) for Ceramic and Tantalum Capacitors

Download PDF Introduction Understanding the performance of a component over time can help to estimate your device’s operational lifetime. Changes in applied voltage and temperature will have an effect on the lifetime of individual components. As a baseline, KEMET provides data that can be used …
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Kemet Frequently Asked Questions

  • When was Kemet founded?

    Kemet was founded in 1919.

  • Who are Kemet key executives?

    Kemet's key executives are William Lowe, Gregory Thompson and Chuck Meeks.

  • How many employees does Kemet have?

    Kemet has 12,800 employees.

  • What is Kemet revenue?

    Latest Kemet annual revenue is $1.3 b.

  • What is Kemet revenue per employee?

    Latest Kemet revenue per employee is $98.5 k.

  • Who are Kemet competitors?

    Competitors of Kemet include AVX, Vishay and Murata Manufacturing.

  • Where is Kemet headquarters?

    Kemet headquarters is located at 1 E Broward Blvd 2nd Floor, Fort Lauderdale.

  • Where are Kemet offices?

    Kemet has offices in Fort Lauderdale, Grapevine, Novi, San Jose and in 17 other locations.

  • How many offices does Kemet have?

    Kemet has 21 offices.