JABIL INC (JBL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:JBL - US4663131039 - Common Stock
236.11 USD
+1.62 (+0.69%)
236.11 USD
0 (0%)
Overall JBL gets a fundamental rating of 6 out of 10. We evaluated JBL against 124 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 is growing strongly while it is still valued neutral. This is a good combination! These ratings would make JBL suitable for growth investing!
1. Profitability
1.1 Basic Checks
JBL had positive earnings in the past year.
JBL had a positive operating cash flow in the past year.
In the past 5 years JBL has always been profitable.
Each year in the past 5 years JBL had a positive operating cash flow.
1.2 Ratios
JBL's Return On Assets of 3.65% is fine compared to the rest of the industry. JBL outperforms 63.71% of its industry peers.
With an excellent Return On Equity value of 52.31%, JBL belongs to the best of the industry, outperforming 99.19% of the companies in the same industry.
The Return On Invested Capital of JBL (24.71%) is better than 99.19% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for JBL is significantly above the industry average of 9.32%.
The last Return On Invested Capital (24.71%) for JBL is above the 3 year average (20.19%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.65% | ||
| ROE | 52.31% | ||
| ROIC | 24.71% |
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
Looking at the Profit Margin, with a value of 2.26%, JBL is in line with its industry, outperforming 54.84% of the companies in the same industry.
In the last couple of years the Profit Margin of JBL has grown nicely.
The Operating Margin of JBL (4.91%) is better than 61.29% of its industry peers.
In the last couple of years the Operating Margin of JBL has grown nicely.
JBL's Gross Margin of 8.94% is on the low side compared to the rest of the industry. JBL is outperformed by 83.06% of its industry peers.
JBL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.91% | ||
| PM (TTM) | 2.26% | ||
| GM | 8.94% |
OM growth 3Y4.56%
OM growth 5Y10.48%
PM growth 3Y-9.51%
PM growth 5Y61.98%
GM growth 3Y4.14%
GM growth 5Y3.49%
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.
JBL has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, JBL has an improved debt to assets ratio.
2.2 Solvency
JBL has an Altman-Z score of 3.18. This indicates that JBL is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.18, JBL is in line with its industry, outperforming 45.97% of the companies in the same industry.
JBL has a debt to FCF ratio of 2.44. This is a good value and a sign of high solvency as JBL would need 2.44 years to pay back of all of its debts.
The Debt to FCF ratio of JBL (2.44) is better than 73.39% of its industry peers.
JBL has a Debt/Equity ratio of 1.78. This is a high value indicating a heavy dependency on external financing.
JBL's Debt to Equity ratio of 1.78 is on the low side compared to the rest of the industry. JBL is outperformed by 92.74% of its industry peers.
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 | 1.78 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 3.18 |
ROIC/WACC2.82
WACC8.75%
2.3 Liquidity
A Current Ratio of 0.99 indicates that JBL may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.99, JBL is doing worse than 91.94% of the companies in the same industry.
A Quick Ratio of 0.67 indicates that JBL may have some problems paying its short term obligations.
JBL has a Quick ratio of 0.67. This is amonst the worse of the industry: JBL underperforms 91.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
JBL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.07%, which is quite impressive.
JBL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.52% yearly.
JBL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.18%.
The Revenue has been growing slightly by 1.79% on average over the past years.
EPS 1Y (TTM)35.07%
EPS 3Y8.49%
EPS 5Y27.52%
EPS Q2Q%42.5%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y-3.8%
Revenue growth 5Y1.79%
Sales Q2Q%18.74%
3.2 Future
The Earnings Per Share is expected to grow by 17.64% on average over the next years. This is quite good.
Based on estimates for the next years, JBL will show a quite strong growth in Revenue. The Revenue will grow by 8.65% on average per year.
EPS Next Y19.48%
EPS Next 2Y17.72%
EPS Next 3Y17.64%
EPS Next 5YN/A
Revenue Next Year11.03%
Revenue Next 2Y9.15%
Revenue Next 3Y8.65%
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
With a Price/Earnings ratio of 22.21, JBL is valued on the expensive side.
Based on the Price/Earnings ratio, JBL is valued a bit cheaper than 74.19% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.59. JBL is around the same levels.
JBL is valuated rather expensively with a Price/Forward Earnings ratio of 17.42.
JBL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. JBL is cheaper than 79.03% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.03. JBL is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.21 | ||
| Fwd PE | 17.42 |
4.2 Price Multiples
80.65% of the companies in the same industry are more expensive than JBL, based on the Enterprise Value to EBITDA ratio.
80.65% of the companies in the same industry are more expensive than JBL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.29 | ||
| EV/EBITDA | 11.53 |
4.3 Compensation for Growth
The 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.
A more expensive valuation may be justified as JBL's earnings are expected to grow with 17.64% in the coming years.
PEG (NY)1.14
PEG (5Y)0.81
EPS Next 2Y17.72%
EPS Next 3Y17.64%
5. Dividend
5.1 Amount
With a yearly dividend of 0.14%, JBL is not a good candidate for dividend investing.
JBL's Dividend Yield is a higher than the industry average which is at 0.47.
Compared to an average S&P500 Dividend Yield of 1.88, JBL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
5.2 History
The dividend of JBL decreases each year by -0.41%.
JBL has been paying a dividend for at least 10 years, so it has 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
JBL pays out 5.12% of its income as dividend. This is a sustainable payout ratio.
DP5.12%
EPS Next 2Y17.72%
EPS Next 3Y17.64%
236.11
+1.62 (+0.69%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners98.41%
Inst Owner Change-0.25%
Ins Owners0.48%
Ins Owner Change-1.97%
Market Cap25.23B
Revenue(TTM)31.11B
Net Income(TTM)703.00M
Analysts83.75
Price Target260.97 (10.53%)
Short Float %3.46%
Short Ratio3.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
Yearly Dividend0.33
Dividend Growth(5Y)-0.41%
DP5.12%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.99%
Min EPS beat(2)4.52%
Max EPS beat(2)11.46%
EPS beat(4)4
Avg EPS beat(4)7.6%
Min EPS beat(4)4.52%
Max EPS beat(4)11.46%
EPS beat(8)8
Avg EPS beat(8)4.99%
EPS beat(12)11
Avg EPS beat(12)4.2%
EPS beat(16)15
Avg EPS beat(16)4.94%
Revenue beat(2)2
Avg Revenue beat(2)4.68%
Min Revenue beat(2)1.69%
Max Revenue beat(2)7.67%
Revenue beat(4)4
Avg Revenue beat(4)5.78%
Min Revenue beat(4)1.69%
Max Revenue beat(4)9.79%
Revenue beat(8)7
Avg Revenue beat(8)4.06%
Revenue beat(12)8
Avg Revenue beat(12)2.66%
Revenue beat(16)12
Avg Revenue beat(16)2.63%
PT rev (1m)-0.63%
PT rev (3m)9.38%
EPS NQ rev (1m)0.04%
EPS NQ rev (3m)12.48%
EPS NY rev (1m)0%
EPS NY rev (3m)2.54%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)7.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.21 | ||
| Fwd PE | 17.42 | ||
| P/S | 0.81 | ||
| P/FCF | 21.29 | ||
| P/OCF | 15.28 | ||
| P/B | 18.77 | ||
| P/tB | 157.66 | ||
| EV/EBITDA | 11.53 |
EPS(TTM)10.63
EY4.5%
EPS(NY)13.55
Fwd EY5.74%
FCF(TTM)11.09
FCFY4.7%
OCF(TTM)15.45
OCFY6.54%
SpS291.21
BVpS12.58
TBVpS1.5
PEG (NY)1.14
PEG (5Y)0.81
Graham Number54.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.65% | ||
| ROE | 52.31% | ||
| ROCE | 32.32% | ||
| ROIC | 24.71% | ||
| ROICexc | 37.02% | ||
| ROICexgc | 59.25% | ||
| OM | 4.91% | ||
| PM (TTM) | 2.26% | ||
| GM | 8.94% | ||
| FCFM | 3.81% |
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 5Y10.48%
PM growth 3Y-9.51%
PM growth 5Y61.98%
GM growth 3Y4.14%
GM growth 5Y3.49%
F-Score6
Asset Turnover1.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.78 | ||
| Debt/FCF | 2.44 | ||
| Debt/EBITDA | 1.04 | ||
| Cap/Depr | 61.4% | ||
| Cap/Sales | 1.5% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 72.19% | ||
| Profit Quality | 168.56% | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 3.18 |
F-Score6
WACC8.75%
ROIC/WACC2.82
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)35.07%
EPS 3Y8.49%
EPS 5Y27.52%
EPS Q2Q%42.5%
EPS Next Y19.48%
EPS Next 2Y17.72%
EPS Next 3Y17.64%
EPS Next 5YN/A
Revenue 1Y (TTM)13.18%
Revenue growth 3Y-3.8%
Revenue growth 5Y1.79%
Sales Q2Q%18.74%
Revenue Next Year11.03%
Revenue Next 2Y9.15%
Revenue Next 3Y8.65%
Revenue Next 5YN/A
EBIT growth 1Y20.13%
EBIT growth 3Y0.59%
EBIT growth 5Y12.46%
EBIT Next Year59.19%
EBIT Next 3Y24.4%
EBIT Next 5YN/A
FCF growth 1Y17.09%
FCF growth 3Y63.94%
FCF growth 5Y33.71%
OCF growth 1Y-18.11%
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 22.21 and the Price/Book (PB) ratio is 18.77.
What is the earnings growth outlook for JABIL INC?
The Earnings per Share (EPS) of JABIL INC (JBL) is expected to grow by 19.48% in the next year.