JABIL INC (JBL) Stock Fundamental Analysis
USA - NYSE:JBL - US4663131039 - Common Stock
201.87 USD
+0.05 (+0.02%)
201.87 USD
0 (0%)
Taking everything into account, JBL scores 6 out of 10 in our fundamental rating. JBL was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. JBL scores excellent on profitability, but there are some minor concerns on its financial health. JBL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year JBL was profitable.
JBL had a positive operating cash flow in the past year.
JBL had positive earnings in each of the past 5 years.
In the past 5 years JBL always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 3.54%, JBL is doing good in the industry, outperforming 64.23% of the companies in the same industry.
JBL has a better Return On Equity (43.42%) 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.
The Average Return On Invested Capital over the past 3 years for JBL is significantly above the industry average of 9.58%.
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 of 2.20%. This is comparable to the rest of the industry: JBL outperforms 56.10% of its industry peers.
JBL's Profit Margin has improved in the last couple of years.
JBL has a better Operating Margin (4.82%) than 60.98% of its industry peers.
JBL's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 8.88%, JBL is not doing good in the industry: 82.93% 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so JBL is creating value.
The number of shares outstanding for JBL has been reduced compared to 1 year ago.
Compared to 5 years ago, JBL has less shares outstanding
Compared to 1 year ago, JBL has an improved debt to assets ratio.
2.2 Solvency
JBL has an Altman-Z score of 3.10. This indicates that JBL is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.10, JBL perfoms like the industry average, outperforming 50.41% of the companies in the same 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 72.36% of the companies in the same industry.
A Debt/Equity ratio of 1.58 is on the high side and indicates that JBL has dependencies on debt financing.
With a Debt to Equity ratio value of 1.58, JBL is not doing good in the industry: 92.68% of the companies in the same industry are doing better.
Although JBL does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.58 | ||
| Debt/FCF | 2.46 | ||
| Altman-Z | 3.1 |
ROIC/WACC2.54
WACC8.94%
2.3 Liquidity
A Current Ratio of 1.00 indicates that JBL should not have too much problems paying its short term obligations.
JBL's Current ratio of 1.00 is on the low side compared to the rest of the industry. JBL is outperformed by 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.
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.
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
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.
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.
Based on the Price/Earnings ratio, JBL is valued a bit cheaper than the industry average as 75.61% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.89. JBL is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 18.02 indicates a rather expensive valuation of JBL.
Based on the Price/Forward Earnings ratio, JBL is valued a bit cheaper than 75.61% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.59. JBL is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 18.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JBL is valued cheaper than 83.74% of the companies in the same industry.
JBL's Price/Free Cash Flow ratio is rather cheap when compared to the industry. JBL is cheaper than 84.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.4 | ||
| EV/EBITDA | 10.67 |
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
JBL has a yearly dividend return of 0.16%, which is pretty low.
JBL's Dividend Yield is a higher than the industry average which is at 2.17.
With a Dividend Yield of 0.16, JBL pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
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%
201.87
+0.05 (+0.02%)
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 Cap21.57B
Revenue(TTM)29.80B
Net Income(TTM)657.00M
Analysts83.75
Price Target253.25 (25.45%)
Short Float %3.44%
Short Ratio2.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
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 | 18.02 | ||
| P/S | 0.72 | ||
| P/FCF | 18.4 | ||
| P/OCF | 13.15 | ||
| P/B | 14.25 | ||
| P/tB | 54.05 | ||
| EV/EBITDA | 10.67 |
EPS(TTM)9.78
EY4.84%
EPS(NY)11.2
Fwd EY5.55%
FCF(TTM)10.97
FCFY5.43%
OCF(TTM)15.35
OCFY7.6%
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 | 3.1 |
F-Score5
WACC8.94%
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 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.