JOHN BEAN TECHNOLOGIES CORP (JBT)
US4778391049 - Common Stock
We assign a fundamental rating of 5 out of 10 to JBT. JBT was compared to 132 industry peers in the Machinery industry. JBT has an excellent profitability rating, but there are some minor concerns on its financial health. JBT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year JBT was profitable.
In the past year JBT had a positive cash flow from operations.
JBT had positive earnings in each of the past 5 years.
Each year in the past 5 years JBT had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 21.49%, JBT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 39.13%, JBT belongs to the top of the industry, outperforming 94.57% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.77%, JBT is in line with its industry, outperforming 51.94% of the companies in the same industry.
JBT had an Average Return On Invested Capital over the past 3 years of 6.59%. This is below the industry average of 10.72%.
The 3 year average ROIC (6.59%) for JBT is below the current ROIC(6.77%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.49% | ||
| ROE | 39.13% | ||
| ROIC | 6.77% |
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
JBT has a better Profit Margin (35.00%) than 100.00% of its industry peers.
JBT's Profit Margin has improved in the last couple of years.
JBT has a Operating Margin of 10.58%. This is comparable to the rest of the industry: JBT outperforms 55.81% of its industry peers.
JBT's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 35.19%, JBT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
JBT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.58% | ||
| PM (TTM) | 35% | ||
| GM | 35.19% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so JBT 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 3.27 indicates that JBT is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.27, JBT perfoms like the industry average, outperforming 55.04% of the companies in the same industry.
JBT has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
JBT has a Debt to Equity ratio of 0.43. This is comparable to the rest of the industry: JBT outperforms 52.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.27 |
ROIC/WACC0.79
WACC8.54%
2.3 Liquidity
JBT has a Current Ratio of 2.27. This indicates that JBT is financially healthy and has no problem in meeting its short term obligations.
JBT has a Current ratio (2.27) which is in line with its industry peers.
JBT has a Quick Ratio of 1.78. This is a normal value and indicates that JBT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of JBT (1.78) is better than 73.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.27 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
JBT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.14%.
Measured over the past 5 years, JBT shows a small growth in Earnings Per Share. The EPS has been growing by 0.60% on average per year.
The Revenue for JBT has decreased by -23.16% in the past year. This is quite bad
JBT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.81% yearly.
EPS 1Y (TTM)-7.14%
EPS 3Y3.82%
EPS 5Y0.6%
EPS growth Q2Q-6.04%
Revenue 1Y (TTM)-23.16%
Revenue growth 3Y-1.24%
Revenue growth 5Y-2.81%
Revenue growth Q2Q-25.79%
3.2 Future
The Earnings Per Share is expected to grow by 22.70% on average over the next years. This is a very strong growth
Based on estimates for the next years, JBT will show a quite strong growth in Revenue. The Revenue will grow by 16.13% on average per year.
EPS Next Y17.97%
EPS Next 2Y13.95%
EPS Next 3Y27.5%
EPS Next 5Y22.7%
Revenue Next Year5.36%
Revenue Next 2Y5.56%
Revenue Next 3Y16.01%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.62, which indicates a rather expensive current valuation of JBT.
JBT's Price/Earnings ratio is a bit cheaper when compared to the industry. JBT is cheaper than 63.57% of the companies in the same industry.
JBT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.28.
The Price/Forward Earnings ratio is 17.48, which indicates a rather expensive current valuation of JBT.
Based on the Price/Forward Earnings ratio, JBT is valued a bit cheaper than 65.89% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.88, JBT is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.62 | ||
| Fwd PE | 17.48 |
4.2 Price Multiples
JBT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. JBT is cheaper than 63.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.37 |
4.3 Compensation for Growth
JBT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
JBT has a very decent profitability rating, which may justify a higher PE ratio.
JBT's earnings are expected to grow with 27.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.15
PEG (5Y)34.43
EPS Next 2Y13.95%
EPS Next 3Y27.5%
5. Dividend
5.1 Amount
JBT has a yearly dividend return of 0.45%, which is pretty low.
JBT's Dividend Yield is comparable with the industry average which is at 1.73.
With a Dividend Yield of 0.45, JBT pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.45% |
5.2 History
The dividend of JBT decreases each year by -0.61%.
JBT has paid a dividend for at least 10 years, which is 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 2.20% of its income as dividend. This is a sustainable payout ratio.
DP2.2%
EPS Next 2Y13.95%
EPS Next 3Y27.5%
JOHN BEAN TECHNOLOGIES CORP
NYSE:JBT (5/3/2024, 7:04:00 PM)
After market: 91.14 0 (0%)91.14
+0.76 (+0.84%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.90B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.45% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.62 | ||
| Fwd PE | 17.48 | ||
| 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)1.15
PEG (5Y)34.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.49% | ||
| ROE | 39.13% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.58% | ||
| PM (TTM) | 35% | ||
| GM | 35.19% | ||
| 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 Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.27 | ||
| Quick Ratio | 1.78 | ||
| 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)-7.14%
EPS 3Y3.82%
EPS 5Y
EPS growth Q2Q
EPS Next Y17.97%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-23.16%
Revenue growth 3Y-1.24%
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