JABIL INC (JBL) Stock Fundamental Analysis
USA - NYSE:JBL - US4663131039 - Common Stock
204.02 USD
-5.32 (-2.54%)
204.02 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to JBL. JBL was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. While JBL belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. JBL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
JBL had positive earnings in the past year.
In the past year JBL had a positive cash flow from operations.
Each year in the past 5 years JBL has been profitable.
Each year in the past 5 years JBL had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.54%, JBL is in the better half of the industry, outperforming 65.04% of the companies in the same industry.
JBL's Return On Equity of 43.42% is amongst the best of the industry. JBL outperforms 97.56% of its industry peers.
With an excellent Return On Invested Capital value of 22.74%, JBL belongs to the best of the industry, outperforming 95.12% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for JBL is significantly above the industry average of 9.33%.
The 3 year average ROIC (20.19%) for JBL is below the current ROIC(22.74%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 43.42% | ||
| ROIC | 22.74% |
ROA(3y)5.25%
ROA(5y)5%
ROE(3y)50.62%
ROE(5y)45.02%
ROIC(3y)20.19%
ROIC(5y)18.61%
1.3 Margins
JBL has a Profit Margin (2.20%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of JBL has grown nicely.
JBL's Operating Margin of 4.82% is fine compared to the rest of the industry. JBL outperforms 61.79% of its industry peers.
In the last couple of years the Operating Margin of JBL has grown nicely.
With a Gross Margin value of 8.88%, JBL is not doing good in the industry: 82.11% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of JBL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.82% | ||
| PM (TTM) | 2.2% | ||
| GM | 8.88% |
OM growth 3Y4.56%
OM growth 5Y10.49%
PM growth 3Y-9.51%
PM growth 5Y61.92%
GM growth 3Y4.14%
GM growth 5Y3.48%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), JBL is creating value.
JBL has less shares outstanding than it did 1 year ago.
JBL has less shares outstanding than it did 5 years ago.
JBL has a better debt/assets ratio than last year.
2.2 Solvency
JBL has an Altman-Z score of 3.14. This indicates that JBL is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of JBL (3.14) is comparable to the rest of the industry.
JBL has a debt to FCF ratio of 2.46. This is a good value and a sign of high solvency as JBL would need 2.46 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.46, JBL is in the better half of the industry, outperforming 74.80% of the companies in the same industry.
JBL has a Debt/Equity ratio of 1.58. This is a high value indicating a heavy dependency on external financing.
JBL has a Debt to Equity ratio of 1.58. This is amonst the worse of the industry: JBL underperforms 91.87% of its industry peers.
Even though the debt/equity ratio score it not favorable for JBL, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.58 | ||
| Debt/FCF | 2.46 | ||
| Altman-Z | 3.14 |
ROIC/WACC2.54
WACC8.95%
2.3 Liquidity
JBL has a Current Ratio of 1.00. This is a normal value and indicates that JBL is financially healthy and should not expect problems in meeting its short term obligations.
JBL has a worse Current ratio (1.00) than 91.06% of its industry peers.
A Quick Ratio of 0.66 indicates that JBL may have some problems paying its short term obligations.
JBL has a Quick ratio of 0.66. This is amonst the worse of the industry: JBL underperforms 92.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.47% over the past year.
Measured over the past years, JBL shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.52% on average per year.
The Revenue has been growing slightly by 3.18% in the past year.
Measured over the past years, JBL shows a small growth in Revenue. The Revenue has been growing by 1.79% on average per year.
EPS 1Y (TTM)15.47%
EPS 3Y8.49%
EPS 5Y27.52%
EPS Q2Q%43.04%
Revenue 1Y (TTM)3.18%
Revenue growth 3Y-3.8%
Revenue growth 5Y1.79%
Sales Q2Q%18.5%
3.2 Future
The Earnings Per Share is expected to grow by 14.82% on average over the next years. This is quite good.
JBL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.98% yearly.
EPS Next Y11.51%
EPS Next 2Y13.7%
EPS Next 3Y14.82%
EPS Next 5YN/A
Revenue Next Year8.07%
Revenue Next 2Y6.86%
Revenue Next 3Y6.98%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
JBL is valuated rather expensively with a Price/Earnings ratio of 20.86.
78.86% of the companies in the same industry are more expensive than JBL, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.69. JBL is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 18.71, the valuation of JBL can be described as rather expensive.
Based on the Price/Forward Earnings ratio, JBL is valued a bit cheaper than 75.61% of the companies in the same industry.
JBL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.18.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.86 | ||
| Fwd PE | 18.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JBL is valued cheaply inside the industry as 82.11% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JBL indicates a rather cheap valuation: JBL is cheaper than 85.37% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.68 | ||
| EV/EBITDA | 11.1 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of JBL may justify a higher PE ratio.
JBL's earnings are expected to grow with 14.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.81
PEG (5Y)0.76
EPS Next 2Y13.7%
EPS Next 3Y14.82%
5. Dividend
5.1 Amount
JBL has a yearly dividend return of 0.15%, which is pretty low.
Compared to an average industry Dividend Yield of 2.06, JBL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, JBL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.15% |
5.2 History
The dividend of JBL decreases each year by -0.39%.
JBL has paid a dividend for at least 10 years, which is a reliable track record.
JBL has decreased its dividend recently.
Dividend Growth(5Y)-0.39%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
5.48% of the earnings are spent on dividend by JBL. This is a low number and sustainable payout ratio.
DP5.48%
EPS Next 2Y13.7%
EPS Next 3Y14.82%
204.02
-5.32 (-2.54%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners98.02%
Inst Owner Change-0.09%
Ins Owners1.38%
Ins Owner Change-7.02%
Market Cap21.90B
Analysts83.75
Price Target247.09 (21.11%)
Short Float %4.06%
Short Ratio2.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.15% |
Yearly Dividend0.33
Dividend Growth(5Y)-0.39%
DP5.48%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.38%
Min EPS beat(2)9.3%
Max EPS beat(2)11.46%
EPS beat(4)4
Avg EPS beat(4)7.84%
Min EPS beat(4)5.13%
Max EPS beat(4)11.46%
EPS beat(8)7
Avg EPS beat(8)4.42%
EPS beat(12)11
Avg EPS beat(12)4.02%
EPS beat(16)15
Avg EPS beat(16)5.01%
Revenue beat(2)2
Avg Revenue beat(2)8.73%
Min Revenue beat(2)7.67%
Max Revenue beat(2)9.79%
Revenue beat(4)4
Avg Revenue beat(4)6.55%
Min Revenue beat(4)3.96%
Max Revenue beat(4)9.79%
Revenue beat(8)6
Avg Revenue beat(8)3.78%
Revenue beat(12)8
Avg Revenue beat(12)2.74%
Revenue beat(16)12
Avg Revenue beat(16)2.67%
PT rev (1m)7.39%
PT rev (3m)8.19%
EPS NQ rev (1m)12.43%
EPS NQ rev (3m)12.3%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)-0.18%
Revenue NQ rev (1m)7.37%
Revenue NQ rev (3m)7.37%
Revenue NY rev (1m)2.24%
Revenue NY rev (3m)1.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.86 | ||
| Fwd PE | 18.71 | ||
| P/S | 0.73 | ||
| P/FCF | 18.68 | ||
| P/OCF | 13.35 | ||
| P/B | 14.47 | ||
| P/tB | 54.88 | ||
| EV/EBITDA | 11.1 |
EPS(TTM)9.78
EY4.79%
EPS(NY)10.91
Fwd EY5.35%
FCF(TTM)10.92
FCFY5.35%
OCF(TTM)15.28
OCFY7.49%
SpS277.69
BVpS14.1
TBVpS3.72
PEG (NY)1.81
PEG (5Y)0.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 43.42% | ||
| ROCE | 29.74% | ||
| ROIC | 22.74% | ||
| ROICexc | 37.91% | ||
| ROICexgc | 61.62% | ||
| OM | 4.82% | ||
| PM (TTM) | 2.2% | ||
| GM | 8.88% | ||
| FCFM | 3.93% |
ROA(3y)5.25%
ROA(5y)5%
ROE(3y)50.62%
ROE(5y)45.02%
ROIC(3y)20.19%
ROIC(5y)18.61%
ROICexc(3y)31.76%
ROICexc(5y)27.76%
ROICexgc(3y)44.58%
ROICexgc(5y)37.57%
ROCE(3y)26.41%
ROCE(5y)24.34%
ROICexcg growth 3Y28.09%
ROICexcg growth 5Y25.12%
ROICexc growth 3Y16.87%
ROICexc growth 5Y19.63%
OM growth 3Y4.56%
OM growth 5Y10.49%
PM growth 3Y-9.51%
PM growth 5Y61.92%
GM growth 3Y4.14%
GM growth 5Y3.48%
F-Score5
Asset Turnover1.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.58 | ||
| Debt/FCF | 2.46 | ||
| Debt/EBITDA | 1.13 | ||
| Cap/Depr | 69.44% | ||
| Cap/Sales | 1.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.73% | ||
| Profit Quality | 178.39% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 3.14 |
F-Score5
WACC8.95%
ROIC/WACC2.54
Cap/Depr(3y)97.85%
Cap/Depr(5y)115.12%
Cap/Sales(3y)2.42%
Cap/Sales(5y)3.07%
Profit Quality(3y)110.53%
Profit Quality(5y)79.53%
High Growth Momentum
Growth
EPS 1Y (TTM)15.47%
EPS 3Y8.49%
EPS 5Y27.52%
EPS Q2Q%43.04%
EPS Next Y11.51%
EPS Next 2Y13.7%
EPS Next 3Y14.82%
EPS Next 5YN/A
Revenue 1Y (TTM)3.18%
Revenue growth 3Y-3.8%
Revenue growth 5Y1.79%
Sales Q2Q%18.5%
Revenue Next Year8.07%
Revenue Next 2Y6.86%
Revenue Next 3Y6.98%
Revenue Next 5YN/A
EBIT growth 1Y-0.07%
EBIT growth 3Y0.59%
EBIT growth 5Y12.47%
EBIT Next Year61.83%
EBIT Next 3Y21.64%
EBIT Next 5YN/A
FCF growth 1Y25.75%
FCF growth 3Y63.94%
FCF growth 5Y33.7%
OCF growth 1Y-4.43%
OCF growth 3Y-0.22%
OCF growth 5Y5.46%