(KN) Knowles Cor - Ratings and Ratios

Knowles Corporation (NYSE: KN) is a leading provider of advanced electronic components and audio solutions, operating at the intersection of technology and innovation. With a rich history dating back to 1946, the company has established itself as a key player in the global electronics industry. Knowles specializes in capacitors, RF filtering products, balanced armature speakers, micro-acoustic microphones, and MEMS (Micro-Electro-Mechanical Systems) microphones, serving a diverse range of markets including defense, medtech, electric vehicles, industrial, communications, and consumer electronics.

The company’s business is organized into three distinct segments, each addressing specific market needs. The Precision Devices (PD) segment focuses on high-performance capacitors and electromagnetic interference (EMI) filters, which are critical for power supplies, medical implants, satellite communications, and radar systems used in defense applications. This segment underscores Knowles’ expertise in delivering robust solutions for mission-critical applications.

The Medtech & Specialty Audio (MSA) segment is centered around advanced audio technologies, including balanced armature speakers and microphones. These products are widely used in hearing health devices, premium audio systems, and the rapidly growing True Wireless Stereo (TWS) market. MSA highlights Knowles’ ability to blend precision engineering with audio innovation, catering to both niche and high-volume markets.

The Consumer MEMS Microphones (CMM) segment represents the company’s footprint in the global microphone market. Knowles designs and manufactures MEMS microphones that are integral to smartphones, earwear, IoT devices, and computing applications. This segment is a testament to the company’s leadership in MEMS technology, a field where it has consistently delivered high-performance, compact, and reliable solutions.

Knowles’ financial profile reflects its position as a mid-cap company with a market capitalization of approximately $1.607 billion. The company currently trades with a trailing P/E ratio of 35.78 and a forward P/E of 11.93, indicating expectations of future growth. Its price-to-book (P/B) ratio of 2.07 and price-to-sales (P/S) ratio of 2.01 provide additional insights into its valuation relative to its assets and revenue.

Headquartered in Itasca, Illinois, Knowles Corporation has built a global presence, serving customers in Asia, the United States, Europe, and other regions. The company’s customer base includes original equipment manufacturers (OEMs), contract manufacturers, suppliers, sales representatives, and distributors. This diverse network underscores Knowles’ ability to scale and adapt to evolving market demands.