JABIL INC (JBL)
US4663131039 - Common Stock
JBL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 127 industry peers in the Electronic Equipment, Instruments & Components industry. While JBL has a great profitability rating, there are some minor concerns on its financial health. JBL scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, JBL could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year JBL was profitable.
JBL had a positive operating cash flow in the past year.
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 8.81%, JBL belongs to the top of the industry, outperforming 88.10% of the companies in the same industry.
With an excellent Return On Equity value of 56.77%, JBL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
JBL has a better Return On Invested Capital (17.85%) than 96.83% of its industry peers.
The Average Return On Invested Capital over the past 3 years for JBL is significantly above the industry average of 9.45%.
The last Return On Invested Capital (17.85%) for JBL is above the 3 year average (16.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.81% | ||
| ROE | 56.77% | ||
| ROIC | 17.85% |
ROA(3y)4.48%
ROA(5y)3.21%
ROE(3y)33.92%
ROE(5y)23.99%
ROIC(3y)16.07%
ROIC(5y)14.21%
1.3 Margins
The Profit Margin of JBL (4.70%) is better than 68.25% of its industry peers.
In the last couple of years the Profit Margin of JBL has grown nicely.
JBL has a better Operating Margin (4.91%) than 64.29% of its industry peers.
JBL's Operating Margin has improved in the last couple of years.
JBL has a Gross Margin of 8.94%. This is amonst the worse of the industry: JBL underperforms 81.75% of its industry peers.
In the last couple of years the Gross Margin of JBL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.91% | ||
| PM (TTM) | 4.7% | ||
| GM | 8.94% |
OM growth 3Y16.21%
OM growth 5Y11.88%
PM growth 3Y128.32%
PM growth 5Y43.36%
GM growth 3Y3.36%
GM growth 5Y1.35%
2. Health
2.1 Basic Checks
JBL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
JBL has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, JBL has less shares outstanding
JBL has a worse debt/assets ratio than last year.
2.2 Solvency
JBL has an Altman-Z score of 3.34. This indicates that JBL is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.34, JBL is doing good in the industry, outperforming 64.29% of the companies in the same industry.
JBL has a debt to FCF ratio of 3.30. This is a good value and a sign of high solvency as JBL would need 3.30 years to pay back of all of its debts.
JBL's Debt to FCF ratio of 3.30 is fine compared to the rest of the industry. JBL outperforms 67.46% of its industry peers.
A Debt/Equity ratio of 1.08 is on the high side and indicates that JBL has dependencies on debt financing.
With a Debt to Equity ratio value of 1.08, JBL is not doing good in the industry: 87.30% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 3.3 | ||
| Altman-Z | 3.34 |
ROIC/WACC1.98
WACC9.01%
2.3 Liquidity
A Current Ratio of 1.17 indicates that JBL should not have too much problems paying its short term obligations.
The Current ratio of JBL (1.17) is worse than 86.51% of its industry peers.
A Quick Ratio of 0.72 indicates that JBL may have some problems paying its short term obligations.
JBL has a Quick ratio of 0.72. This is amonst the worse of the industry: JBL underperforms 87.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
JBL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.70%.
JBL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.92% yearly.
The Revenue has decreased by -8.65% in the past year.
Measured over the past years, JBL shows a quite strong growth in Revenue. The Revenue has been growing by 9.45% on average per year.
EPS 1Y (TTM)5.7%
EPS 3Y43.84%
EPS 5Y26.92%
EPS growth Q2Q-10.64%
Revenue 1Y (TTM)-8.65%
Revenue growth 3Y8.37%
Revenue growth 5Y9.45%
Revenue growth Q2Q-16.81%
3.2 Future
The Earnings Per Share is expected to grow by 11.78% on average over the next years. This is quite good.
The Revenue is expected to decrease by -3.37% on average over the next years.
EPS Next Y-2.07%
EPS Next 2Y10.85%
EPS Next 3Y11.78%
EPS Next 5YN/A
Revenue Next Year-18.04%
Revenue Next 2Y-7.52%
Revenue Next 3Y-3.37%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
JBL is valuated correctly with a Price/Earnings ratio of 13.56.
JBL's Price/Earnings ratio is rather cheap when compared to the industry. JBL is cheaper than 82.54% of the companies in the same industry.
JBL is valuated rather cheaply when we compare the Price/Earnings ratio to 24.84, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.15 indicates a reasonable valuation of JBL.
JBL's Price/Forward Earnings ratio is rather cheap when compared to the industry. JBL is cheaper than 87.30% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of JBL to the average of the S&P500 Index (21.35), we can say JBL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.56 | ||
| Fwd PE | 11.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JBL is valued cheaply inside the industry as 92.06% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, JBL is valued cheaply inside the industry as 80.95% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.34 | ||
| EV/EBITDA | 6.22 |
4.3 Compensation for Growth
The excellent profitability rating of JBL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.5
EPS Next 2Y10.85%
EPS Next 3Y11.78%
5. Dividend
5.1 Amount
With a yearly dividend of 0.27%, JBL is not a good candidate for dividend investing.
JBL's Dividend Yield is a higher than the industry average which is at 1.75.
Compared to an average S&P500 Dividend Yield of 2.41, JBL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
5.2 History
The dividend of JBL has a limited annual growth rate of 0.08%.
JBL has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)0.08%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
2.92% of the earnings are spent on dividend by JBL. This is a low number and sustainable payout ratio.
The dividend of JBL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP2.92%
EPS Next 2Y10.85%
EPS Next 3Y11.78%
JABIL INC
NYSE:JBL (4/26/2024, 7:04:00 PM)
After market: 118.27 0 (0%)118.27
-0.21 (-0.18%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap14.26B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.56 | ||
| Fwd PE | 11.15 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.81% | ||
| ROE | 56.77% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.91% | ||
| PM (TTM) | 4.7% | ||
| GM | 8.94% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.17 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)5.7%
EPS 3Y43.84%
EPS 5Y
EPS growth Q2Q
EPS Next Y-2.07%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-8.65%
Revenue growth 3Y8.37%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y