KEMET Corporation, as we know it today, was officially formed on December 21, 1990. However, the history of KEMET actually began a long time ago. Kemet Laboratories was established by Union Carbide Corporation in 1919 to purchase the Cooper Research Company of Cleveland, Ohio, which had invented a promising high-temperature alloy. The name ''KEMET'' is a blend of the words ''chemical'' and ''metallurgy.'' KEMET's first product used this high-temperature alloy for grid wires in vacuum tubes. In 1930, the product line was expanded to include barium-aluminum alloy getters, an essential element in vacuum tubes. KEMET's development of automatic machinery allowed production of high-quality getters in the huge quantities needed to match the rapid expansion of vacuum tube usage. In fact, it is estimated that over 80% of the vacuum tubes used by the Allies during World War II contained KEMET getters. The business continued to grow and prosper until the early 1950s when Bell Telephone Laboratories invented the transistor. As the transistor began to displace vacuum tubes in electronics, the getter business stagnated. Fortunately for KEMET, Bell Laboratories had also invented the solid tantalum capacitor, which complemented the use of low-voltage transistors (semi-conductors) in electrical circuits. Since Union Carbide had experience in the fields of high-temperature metals and alloys, the solid tantalum capacitor was chosen as KEMET's ''new product'' to complement the getter product line and to provide the vehicle for future growth.
Sector:
Electronic Technology
Industry:
Electronic Components
Employees:
12,450
Frequently Asked Questions
What is Market Cap of Kemet Corp.?
Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. Kemet Corp. market cap is $1.59B.
What is the 52-week high for Kemet Corp.?
52 week high is the highest price of a stock in the past 52 weeks, or one year. Kemet Corp. 52 week high is $27.61 as of May 04, 2024.
What is the 52-week low for Kemet Corp.?
52 week low is the lowest price of a stock in the past 52 weeks, or one year. Kemet Corp. 52 week low is $16.23 as of May 04, 2024.
What is Kemet Corp. stock price today?
Kemet Corp. stock price today is $27.21.
What was Kemet Corp. stock price yesterday?
Kemet Corp. stock price yesterday was $27.19.
What is the PE ratio of Kemet Corp.?
The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share (or EPS). It can also be calculated by dividing the company’s Market Cap by the Net Profit. Kemet Corp.’s P/E ratio is 39.09.
What is the Price-to-Book ratio of Kemet Corp.?
The Price-to-Book (P/B) ratio is a commonly used tool for valuing a company. It’s calculated by dividing a company’s market capitalization by its book value. Kemet Corp. P/B ratio is 2.4498.
What is Kemet Corp.'s EBITDA?
EBITDA is a widely used measure of corporate profitability. It stands for Earnings before Interest, Taxes, Depreciation, and Amortization. It attempts to reflect the cash profit generated by a company’s operations. Kemet Corp.'s EBITDA is 6.20.
What is the 50-day moving average of Kemet Corp.?
The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days. Kemet Corp. 50-day moving average is $26.57.