JBT MAREL CORP (JBTM) Stock Fundamental Analysis
NYSE:JBTM - New York Stock Exchange, Inc. - US4778391049 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to JBTM. JBTM was compared to 127 industry peers in the Machinery industry. JBTM has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, JBTM is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
JBTM had positive earnings in the past year.
In the past year JBTM had a positive cash flow from operations.
Each year in the past 5 years JBTM has been profitable.
In the past 5 years JBTM always reported a positive cash flow from operatings.
1.2 Ratios
JBTM's Return On Assets of -1.38% is on the low side compared to the rest of the industry. JBTM is outperformed by 71.88% of its industry peers.
JBTM has a Return On Equity of -2.69%. This is in the lower half of the industry: JBTM underperforms 69.53% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.85%, JBTM is doing worse than 73.44% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for JBTM is significantly below the industry average of 10.78%.
The last Return On Invested Capital (0.85%) for JBTM is well below the 3 year average (5.49%), which needs to be investigated, but indicates that JBTM had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.38% | ||
| ROE | -2.69% | ||
| ROIC | 0.85% |
ROA(3y)9.73%
ROA(5y)8.16%
ROE(3y)19.95%
ROE(5y)18.56%
ROIC(3y)5.49%
ROIC(5y)6.97%
1.3 Margins
JBTM's Profit Margin has declined in the last couple of years.
JBTM has a worse Operating Margin (3.07%) than 67.19% of its industry peers.
In the last couple of years the Operating Margin of JBTM has declined.
Looking at the Gross Margin, with a value of 35.76%, JBTM is in the better half of the industry, outperforming 64.84% of the companies in the same industry.
In the last couple of years the Gross Margin of JBTM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.07% | ||
| PM (TTM) | N/A | ||
| GM | 35.76% |
OM growth 3Y-9.42%
OM growth 5Y-7.55%
PM growth 3Y-16.35%
PM growth 5Y-5.58%
GM growth 3Y1.99%
GM growth 5Y3.46%
2. Health
2.1 Basic Checks
JBTM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for JBTM remains at a similar level compared to 1 year ago.
The number of shares outstanding for JBTM has been increased compared to 5 years ago.
Compared to 1 year ago, JBTM has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.65, we must say that JBTM is in the distress zone and has some risk of bankruptcy.
JBTM's Altman-Z score of 1.65 is on the low side compared to the rest of the industry. JBTM is outperformed by 73.44% of its industry peers.
The Debt to FCF ratio of JBTM is 9.45, which is on the high side as it means it would take JBTM, 9.45 years of fcf income to pay off all of its debts.
JBTM's Debt to FCF ratio of 9.45 is on the low side compared to the rest of the industry. JBTM is outperformed by 61.72% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that JBTM is not too dependend on debt financing.
JBTM has a Debt to Equity ratio (0.48) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 9.45 | ||
| Altman-Z | 1.65 |
ROIC/WACC0.09
WACC9.46%
2.3 Liquidity
A Current Ratio of 1.26 indicates that JBTM should not have too much problems paying its short term obligations.
JBTM has a worse Current ratio (1.26) than 84.38% of its industry peers.
JBTM has a Quick Ratio of 1.26. This is a bad value and indicates that JBTM is not financially healthy enough and could expect problems in meeting its short term obligations.
JBTM's Quick ratio of 0.74 is on the low side compared to the rest of the industry. JBTM is outperformed by 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.55% over the past year.
JBTM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.52% yearly.
The Revenue has grown by 30.55% in the past year. This is a very strong growth!
JBTM shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.48% yearly.
EPS 1Y (TTM)20.55%
EPS 3Y8.17%
EPS 5Y0.52%
EPS Q2Q%14.12%
Revenue 1Y (TTM)30.55%
Revenue growth 3Y7%
Revenue growth 5Y-2.48%
Sales Q2Q%117.72%
3.2 Future
Based on estimates for the next years, JBTM will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.26% on average per year.
Based on estimates for the next years, JBTM will show a small growth in Revenue. The Revenue will grow by 4.83% on average per year.
EPS Next Y12.75%
EPS Next 2Y19.67%
EPS Next 3Y19.26%
EPS Next 5YN/A
Revenue Next Year109.2%
Revenue Next 2Y47.76%
Revenue Next 3Y20.22%
Revenue Next 5Y4.83%
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
A Price/Earnings ratio of 25.53 indicates a quite expensive valuation of JBTM.
JBTM's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of JBTM to the average of the S&P500 Index (27.41), we can say JBTM is valued inline with the index average.
The Price/Forward Earnings ratio is 18.25, which indicates a rather expensive current valuation of JBTM.
60.94% of the companies in the same industry are more expensive than JBTM, based on the Price/Forward Earnings ratio.
JBTM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 35.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.53 | ||
| Fwd PE | 18.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JBTM is valued a bit more expensive than the industry average as 75.78% of the companies are valued more cheaply.
JBTM's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. JBTM is more expensive than 60.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.91 | ||
| EV/EBITDA | 45.15 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates JBTM does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as JBTM's earnings are expected to grow with 19.26% in the coming years.
PEG (NY)2
PEG (5Y)49.3
EPS Next 2Y19.67%
EPS Next 3Y19.26%
5. Dividend
5.1 Amount
JBTM has a yearly dividend return of 0.30%, which is pretty low.
Compared to an average industry Dividend Yield of 1.82, JBTM has a dividend in line with its industry peers.
With a Dividend Yield of 0.30, JBTM pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
5.2 History
The dividend of JBTM has a limited annual growth rate of 0.48%.
JBTM has been paying a dividend for over 5 years, so it has already some track record.
JBTM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.48%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
JBTM has negative earnings and hence a negative payout ratio. The dividend may be in danger.
JBTM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-13.77%
EPS Next 2Y19.67%
EPS Next 3Y19.26%
133.25
-0.88 (-0.66%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners87.94%
Inst Owner ChangeN/A
Ins Owners0.7%
Ins Owner Change7.08%
Market Cap6.93B
Analysts76.67
Price Target127.7 (-4.17%)
Short Float %3.99%
Short Ratio4.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
Yearly Dividend0.41
Dividend Growth(5Y)0.48%
DP-13.77%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.74%
Min EPS beat(2)-8.58%
Max EPS beat(2)14.05%
EPS beat(4)2
Avg EPS beat(4)-1.79%
Min EPS beat(4)-17.32%
Max EPS beat(4)14.05%
EPS beat(8)5
Avg EPS beat(8)0.37%
EPS beat(12)8
Avg EPS beat(12)2.53%
EPS beat(16)10
Avg EPS beat(16)4.03%
Revenue beat(2)1
Avg Revenue beat(2)-3.06%
Min Revenue beat(2)-6.26%
Max Revenue beat(2)0.14%
Revenue beat(4)2
Avg Revenue beat(4)-3.59%
Min Revenue beat(4)-8.83%
Max Revenue beat(4)0.61%
Revenue beat(8)2
Avg Revenue beat(8)-4.34%
Revenue beat(12)2
Avg Revenue beat(12)-5.74%
Revenue beat(16)4
Avg Revenue beat(16)-4.55%
PT rev (1m)0%
PT rev (3m)-10.14%
EPS NQ rev (1m)0.16%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.33%
EPS NY rev (3m)-2.7%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)2.38%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.53 | ||
| Fwd PE | 18.25 | ||
| P/S | 3.18 | ||
| P/FCF | 32.91 | ||
| P/OCF | 26.86 | ||
| P/B | 1.69 | ||
| P/tB | N/A | ||
| EV/EBITDA | 45.15 |
EPS(TTM)5.22
EY3.92%
EPS(NY)7.3
Fwd EY5.48%
FCF(TTM)4.05
FCFY3.04%
OCF(TTM)4.96
OCFY3.72%
SpS41.9
BVpS79.03
TBVpS-25.95
PEG (NY)2
PEG (5Y)49.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.38% | ||
| ROE | -2.69% | ||
| ROCE | 0.98% | ||
| ROIC | 0.85% | ||
| ROICexc | 0.86% | ||
| ROICexgc | 4.52% | ||
| OM | 3.07% | ||
| PM (TTM) | N/A | ||
| GM | 35.76% | ||
| FCFM | 9.66% |
ROA(3y)9.73%
ROA(5y)8.16%
ROE(3y)19.95%
ROE(5y)18.56%
ROIC(3y)5.49%
ROIC(5y)6.97%
ROICexc(3y)7.1%
ROICexc(5y)8.09%
ROICexgc(3y)24.27%
ROICexgc(5y)25.88%
ROCE(3y)6.33%
ROCE(5y)8.04%
ROICexcg growth 3Y-1.29%
ROICexcg growth 5Y-6.67%
ROICexc growth 3Y-5.85%
ROICexc growth 5Y-12.74%
OM growth 3Y-9.42%
OM growth 5Y-7.55%
PM growth 3Y-16.35%
PM growth 5Y-5.58%
GM growth 3Y1.99%
GM growth 5Y3.46%
F-Score3
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 9.45 | ||
| Debt/EBITDA | 10.21 | ||
| Cap/Depr | 37.06% | ||
| Cap/Sales | 2.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 132.41% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 1.65 |
F-Score3
WACC9.46%
ROIC/WACC0.09
Cap/Depr(3y)71.26%
Cap/Depr(5y)66.65%
Cap/Sales(3y)3.61%
Cap/Sales(5y)3.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.55%
EPS 3Y8.17%
EPS 5Y0.52%
EPS Q2Q%14.12%
EPS Next Y12.75%
EPS Next 2Y19.67%
EPS Next 3Y19.26%
EPS Next 5YN/A
Revenue 1Y (TTM)30.55%
Revenue growth 3Y7%
Revenue growth 5Y-2.48%
Sales Q2Q%117.72%
Revenue Next Year109.2%
Revenue Next 2Y47.76%
Revenue Next 3Y20.22%
Revenue Next 5Y4.83%
EBIT growth 1Y-62.47%
EBIT growth 3Y-3.08%
EBIT growth 5Y-9.84%
EBIT Next Year182.88%
EBIT Next 3Y48.03%
EBIT Next 5YN/A
FCF growth 1Y357.39%
FCF growth 3Y4%
FCF growth 5Y22.04%
OCF growth 1Y106.57%
OCF growth 3Y1.15%
OCF growth 5Y16.21%