JOHN BEAN TECHNOLOGIES CORP (JBT) Stock Fundamental Analysis
NYSE:JBT - US4778391049 - Common Stock
125.32 USD
-1.78 (-1.4%)
125.32 USD
0 (0%)
Overall JBT gets a fundamental rating of 5 out of 10. We evaluated JBT against 128 industry peers in the Machinery industry. Both the profitability and the financial health of JBT get a neutral evaluation. Nothing too spectacular is happening here. JBT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
JBT had positive earnings in the past year.
JBT had a positive operating cash flow in the past year.
JBT had positive earnings in each of the past 5 years.
JBT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
JBT has a Return On Assets (5.41%) which is in line with its industry peers.
JBT has a Return On Equity of 9.51%. This is comparable to the rest of the industry: JBT outperforms 56.59% of its industry peers.
JBT has a Return On Invested Capital of 6.03%. This is comparable to the rest of the industry: JBT outperforms 44.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for JBT is below the industry average of 10.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.41% | ||
| ROE | 9.51% | ||
| ROIC | 6.03% |
ROA(3y)10.75%
ROA(5y)9%
ROE(3y)23.39%
ROE(5y)21.98%
ROIC(3y)6.59%
ROIC(5y)8.56%
1.3 Margins
Looking at the Profit Margin, with a value of 8.91%, JBT is in the better half of the industry, outperforming 65.12% of the companies in the same industry.
JBT's Profit Margin has improved in the last couple of years.
JBT has a Operating Margin (9.65%) which is in line with its industry peers.
In the last couple of years the Operating Margin of JBT has remained more or less at the same level.
JBT has a better Gross Margin (36.07%) than 63.57% of its industry peers.
In the last couple of years the Gross Margin of JBT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.65% | ||
| PM (TTM) | 8.91% | ||
| GM | 36.07% |
OM growth 3Y1.54%
OM growth 5Y1.19%
PM growth 3Y77.14%
PM growth 5Y45.2%
GM growth 3Y4.64%
GM growth 5Y4.67%
2. Health
2.1 Basic Checks
JBT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
JBT has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, JBT has more shares outstanding
The debt/assets ratio for JBT has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.88 indicates that JBT is not in any danger for bankruptcy at the moment.
JBT has a better Altman-Z score (3.88) than 62.02% of its industry peers.
JBT has a debt to FCF ratio of 14.97. This is a negative value and a sign of low solvency as JBT would need 14.97 years to pay back of all of its debts.
With a Debt to FCF ratio value of 14.97, JBT is not doing good in the industry: 61.24% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.41 indicates that JBT is not too dependend on debt financing.
JBT has a Debt to Equity ratio (0.41) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 14.97 | ||
| Altman-Z | 3.88 |
ROIC/WACC0.66
WACC9.08%
2.3 Liquidity
JBT has a Current Ratio of 2.55. This indicates that JBT is financially healthy and has no problem in meeting its short term obligations.
JBT has a Current ratio of 2.55. This is in the better half of the industry: JBT outperforms 68.22% of its industry peers.
JBT has a Quick Ratio of 2.00. This is a normal value and indicates that JBT is financially healthy and should not expect problems in meeting its short term obligations.
JBT's Quick ratio of 2.00 is fine compared to the rest of the industry. JBT outperforms 76.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.55 | ||
| Quick Ratio | 2 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.43% over the past year.
The Earnings Per Share has been growing slightly by 0.60% on average over the past years.
Looking at the last year, JBT shows a decrease in Revenue. The Revenue has decreased by -6.92% in the last year.
The Revenue has been decreasing by -2.81% on average over the past years.
EPS 1Y (TTM)6.43%
EPS 3Y3.82%
EPS 5Y0.6%
EPS Q2Q%35.14%
Revenue 1Y (TTM)-6.92%
Revenue growth 3Y-1.24%
Revenue growth 5Y-2.81%
Sales Q2Q%12.44%
3.2 Future
Based on estimates for the next years, JBT will show a very strong growth in Earnings Per Share. The EPS will grow by 22.70% on average per year.
The Revenue is expected to grow by 16.13% on average over the next years. This is quite good.
EPS Next Y19.3%
EPS Next 2Y13.45%
EPS Next 3Y13.18%
EPS Next 5Y22.7%
Revenue Next Year4.4%
Revenue Next 2Y4.4%
Revenue Next 3Y13.06%
Revenue Next 5Y16.13%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 26.11 indicates a quite expensive valuation of JBT.
The rest of the industry has a similar Price/Earnings ratio as JBT.
The average S&P500 Price/Earnings ratio is at 27.07. JBT is around the same levels.
JBT is valuated rather expensively with a Price/Forward Earnings ratio of 22.03.
Compared to the rest of the industry, the Price/Forward Earnings ratio of JBT is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of JBT to the average of the S&P500 Index (22.59), we can say JBT is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.11 | ||
| Fwd PE | 22.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JBT is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, JBT is valued a bit more expensive than the industry average as 64.34% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 92.15 | ||
| EV/EBITDA | 16.3 |
4.3 Compensation for Growth
JBT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of JBT may justify a higher PE ratio.
JBT's earnings are expected to grow with 13.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.35
PEG (5Y)43.6
EPS Next 2Y13.45%
EPS Next 3Y13.18%
5. Dividend
5.1 Amount
With a yearly dividend of 0.32%, JBT is not a good candidate for dividend investing.
JBT's Dividend Yield is comparable with the industry average which is at 1.78.
With a Dividend Yield of 0.32, JBT pays less dividend than the S&P500 average, which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
5.2 History
The dividend of JBT decreases each year by -0.61%.
JBT has been paying a dividend for at least 10 years, so it has a reliable track record.
JBT has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.61%
Div Incr Years0
Div Non Decr Years15
5.3 Sustainability
JBT pays out 8.42% of its income as dividend. This is a sustainable payout ratio.
DP8.42%
EPS Next 2Y13.45%
EPS Next 3Y13.18%
125.32
-1.78 (-1.4%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners108.86%
Inst Owner Change3.05%
Ins Owners1.15%
Ins Owner Change0%
Market Cap3.99B
Analysts74
Price Target131.58 (5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
Yearly Dividend0.4
Dividend Growth(5Y)-0.61%
DP8.42%
Div Incr Years0
Div Non Decr Years15
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.4%
Min EPS beat(2)-16.5%
Max EPS beat(2)5.7%
EPS beat(4)2
Avg EPS beat(4)-2.32%
Min EPS beat(4)-16.5%
Max EPS beat(4)5.7%
EPS beat(8)6
Avg EPS beat(8)4.41%
EPS beat(12)8
Avg EPS beat(12)5.8%
EPS beat(16)11
Avg EPS beat(16)6.3%
Revenue beat(2)1
Avg Revenue beat(2)-3.16%
Min Revenue beat(2)-7.92%
Max Revenue beat(2)1.61%
Revenue beat(4)1
Avg Revenue beat(4)-2.4%
Min Revenue beat(4)-7.92%
Max Revenue beat(4)1.61%
Revenue beat(8)1
Avg Revenue beat(8)-6.14%
Revenue beat(12)2
Avg Revenue beat(12)-4.41%
Revenue beat(16)4
Avg Revenue beat(16)-3.29%
PT rev (1m)10.26%
PT rev (3m)16.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.56%
EPS NY rev (1m)-0.51%
EPS NY rev (3m)1.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.56%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.11 | ||
| Fwd PE | 22.03 | ||
| P/S | 2.36 | ||
| P/FCF | 92.15 | ||
| P/OCF | 49.82 | ||
| P/B | 2.52 | ||
| P/tB | 9.06 | ||
| EV/EBITDA | 16.3 |
EPS(TTM)4.8
EY3.83%
EPS(NY)5.69
Fwd EY4.54%
FCF(TTM)1.36
FCFY1.09%
OCF(TTM)2.52
OCFY2.01%
SpS53.17
BVpS49.78
TBVpS13.83
PEG (NY)1.35
PEG (5Y)43.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.41% | ||
| ROE | 9.51% | ||
| ROCE | 7.05% | ||
| ROIC | 6.03% | ||
| ROICexc | 7.84% | ||
| ROICexgc | 21.95% | ||
| OM | 9.65% | ||
| PM (TTM) | 8.91% | ||
| GM | 36.07% | ||
| FCFM | 2.56% |
ROA(3y)10.75%
ROA(5y)9%
ROE(3y)23.39%
ROE(5y)21.98%
ROIC(3y)6.59%
ROIC(5y)8.56%
ROICexc(3y)7.41%
ROICexc(5y)9.2%
ROICexgc(3y)24.25%
ROICexgc(5y)27.38%
ROCE(3y)7.7%
ROCE(5y)10%
ROICexcg growth 3Y-1.48%
ROICexcg growth 5Y-6.31%
ROICexc growth 3Y-9.03%
ROICexc growth 5Y-13.56%
OM growth 3Y1.54%
OM growth 5Y1.19%
PM growth 3Y77.14%
PM growth 5Y45.2%
GM growth 3Y4.64%
GM growth 5Y4.67%
F-Score5
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 14.97 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 41.58% | ||
| Cap/Sales | 2.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 31.81% | ||
| Profit Quality | 28.71% | ||
| Current Ratio | 2.55 | ||
| Quick Ratio | 2 | ||
| Altman-Z | 3.88 |
F-Score5
WACC9.08%
ROIC/WACC0.66
Cap/Depr(3y)81.03%
Cap/Depr(5y)69.73%
Cap/Sales(3y)4.11%
Cap/Sales(5y)3.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.43%
EPS 3Y3.82%
EPS 5Y0.6%
EPS Q2Q%35.14%
EPS Next Y19.3%
EPS Next 2Y13.45%
EPS Next 3Y13.18%
EPS Next 5Y22.7%
Revenue 1Y (TTM)-6.92%
Revenue growth 3Y-1.24%
Revenue growth 5Y-2.81%
Sales Q2Q%12.44%
Revenue Next Year4.4%
Revenue Next 2Y4.4%
Revenue Next 3Y13.06%
Revenue Next 5Y16.13%
EBIT growth 1Y-4.22%
EBIT growth 3Y0.29%
EBIT growth 5Y-1.65%
EBIT Next Year78.8%
EBIT Next 3Y46.69%
EBIT Next 5Y33.26%
FCF growth 1Y-15.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-41.53%
OCF growth 3Y-46.04%
OCF growth 5Y-23.78%