JABIL INC (JBL) Stock Fundamental Analysis
USA - NYSE:JBL - US4663131039 - Common Stock
201.82 USD
-12.11 (-5.66%)
204 USD
+2.18 (+1.08%)
JBL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 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.
JBL had positive earnings in each of the past 5 years.
Each year in the past 5 years JBL had a positive operating cash flow.
1.2 Ratios
JBL has a better Return On Assets (3.54%) than 64.23% of its industry peers.
The Return On Equity of JBL (43.42%) is better than 98.37% of its industry peers.
JBL has a Return On Invested Capital of 22.74%. This is amongst the best in the industry. JBL outperforms 95.12% of its industry peers.
JBL had an Average Return On Invested Capital over the past 3 years of 20.19%. This is significantly above the industry average of 9.58%.
The last Return On Invested Capital (22.74%) for JBL is above the 3 year average (20.19%), which is a sign of increasing profitability.
| 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
With a Profit Margin value of 2.20%, JBL perfoms like the industry average, outperforming 56.10% of the companies in the same industry.
JBL's Profit Margin has improved in the last couple of years.
JBL has a Operating Margin of 4.82%. This is in the better half of the industry: JBL outperforms 60.98% of its industry peers.
In the last couple of years the Operating Margin of JBL has grown nicely.
JBL's Gross Margin of 8.88% is on the low side compared to the rest of the industry. JBL is outperformed by 82.93% of its industry peers.
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.
Compared to 1 year ago, JBL has less shares outstanding
JBL has less shares outstanding than it did 5 years ago.
JBL has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.15 indicates that JBL is not in any danger for bankruptcy at the moment.
JBL has a Altman-Z score of 3.15. This is comparable to the rest of the industry: JBL outperforms 50.41% of its industry peers.
The Debt to FCF ratio of JBL is 2.46, which is a good value as it means it would take JBL, 2.46 years of fcf income to pay off all of its debts.
JBL has a Debt to FCF ratio of 2.46. This is in the better half of the industry: JBL outperforms 72.36% of its industry peers.
JBL has a Debt/Equity ratio of 1.58. This is a high value indicating a heavy dependency on external financing.
JBL has a worse Debt to Equity ratio (1.58) than 92.68% 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 | 3.15 |
ROIC/WACC2.55
WACC8.9%
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 91.87% of its industry peers.
JBL has a Quick Ratio of 1.00. This is a bad value and indicates that JBL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.66, JBL is doing worse than 92.68% of the companies in the same industry.
| 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.
JBL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.52% yearly.
The Revenue has been growing slightly by 3.18% in the past year.
The Revenue has been growing slightly by 1.79% on average over the past years.
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
Based on estimates for the next years, JBL will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.82% on average per year.
The Revenue is expected to grow by 6.98% on average over the next years.
EPS Next Y14.56%
EPS Next 2Y14.89%
EPS Next 3Y14.82%
EPS Next 5YN/A
Revenue Next Year8.09%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.64 indicates a rather expensive valuation of JBL.
Compared to the rest of the industry, the Price/Earnings ratio of JBL indicates a somewhat cheap valuation: JBL is cheaper than 74.80% of the companies listed in the same industry.
JBL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.91.
With a Price/Forward Earnings ratio of 18.01, JBL is valued on the expensive side.
JBL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. JBL is cheaper than 71.54% of the companies in the same industry.
JBL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 18.01 |
4.2 Price Multiples
81.30% of the companies in the same industry are more expensive than JBL, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, JBL is valued cheaper than 83.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.4 | ||
| EV/EBITDA | 11.28 |
4.3 Compensation for Growth
JBL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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)1.42
PEG (5Y)0.75
EPS Next 2Y14.89%
EPS Next 3Y14.82%
5. Dividend
5.1 Amount
With a yearly dividend of 0.15%, JBL is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.12, JBL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, 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 -0.41%.
JBL has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of JBL decreased recently.
Dividend Growth(5Y)-0.41%
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 2Y14.89%
EPS Next 3Y14.82%
201.82
-12.11 (-5.66%)
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-0.6%
Ins Owners1.38%
Ins Owner Change-7.34%
Market Cap21.56B
Revenue(TTM)29.80B
Net Income(TTM)657.00M
Analysts83.75
Price Target253.25 (25.48%)
Short Float %3.44%
Short Ratio2.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.15% |
Yearly Dividend0.33
Dividend Growth(5Y)-0.41%
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)2.49%
PT rev (3m)10.07%
EPS NQ rev (1m)0.93%
EPS NQ rev (3m)12.3%
EPS NY rev (1m)2.73%
EPS NY rev (3m)2.54%
Revenue NQ rev (1m)0.72%
Revenue NQ rev (3m)7.37%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)2.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 18.01 | ||
| P/S | 0.72 | ||
| P/FCF | 18.4 | ||
| P/OCF | 13.15 | ||
| P/B | 14.25 | ||
| P/tB | 54.04 | ||
| EV/EBITDA | 11.28 |
EPS(TTM)9.78
EY4.85%
EPS(NY)11.2
Fwd EY5.55%
FCF(TTM)10.97
FCFY5.44%
OCF(TTM)15.35
OCFY7.61%
SpS278.94
BVpS14.16
TBVpS3.73
PEG (NY)1.42
PEG (5Y)0.75
Graham Number55.82
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%
ROICexgc growth 3Y28.09%
ROICexgc 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 | 8.86 | ||
| Cash Conversion | 77.73% | ||
| Profit Quality | 178.39% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 3.15 |
F-Score5
WACC8.9%
ROIC/WACC2.55
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 Y14.56%
EPS Next 2Y14.89%
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 Year8.09%
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%
JABIL INC / JBL FAQ
What is the fundamental rating for JBL stock?
ChartMill assigns a fundamental rating of 6 / 10 to JBL.
Can you provide the valuation status for JABIL INC?
ChartMill assigns a valuation rating of 6 / 10 to JABIL INC (JBL). This can be considered as Fairly Valued.
How profitable is JABIL INC (JBL) stock?
JABIL INC (JBL) has a profitability rating of 8 / 10.
What are the PE and PB ratios of JABIL INC (JBL) stock?
The Price/Earnings (PE) ratio for JABIL INC (JBL) is 20.64 and the Price/Book (PB) ratio is 14.25.
What is the earnings growth outlook for JABIL INC?
The Earnings per Share (EPS) of JABIL INC (JBL) is expected to grow by 14.56% in the next year.