Intangible Valuation
Value, contrarian, coat tail rider, idiosyncratic research

Key Tronic: Collecting Cash And Long-Term Strategic Success

Key Tronic Corp. (NASDAQ:KTCC) is a U.S. based electronics manufacturer. The majority of its manufacturing capacity resides just across the U.S. border in Mexico. The remainder lies in a plant in Spokane, Washington and in two plants in China. The company would be classified as an "electronic manufacturing services" business or an EMS (specifically a Tier II EMS). Business of this type is also known as "electronic contract manufacturing," which better encapsulates what the company does.

It contracts with large OEMs to do batch manufacturing jobs. For instance, as of July 30th, 2012, it had manufacturing jobs under 165 separate programs from 48 distinct customers - all at different stages in program maturity. This has led the...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details