J & J SNACK FOODS CORP (JJSF)
US4660321096 - Common Stock
Taking everything into account, JJSF scores 6 out of 10 in our fundamental rating. JJSF was compared to 92 industry peers in the Food Products industry. JJSF has an excellent financial health rating, but there are some minor concerns on its profitability. JJSF is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year JJSF was profitable.
In the past year JJSF had a positive cash flow from operations.
Each year in the past 5 years JJSF has been profitable.
Each year in the past 5 years JJSF had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.16%, JJSF is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
JJSF has a Return On Equity of 8.72%. This is in the better half of the industry: JJSF outperforms 61.54% of its industry peers.
With a decent Return On Invested Capital value of 7.42%, JJSF is doing good in the industry, outperforming 75.82% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for JJSF is in line with the industry average of 7.56%.
The last Return On Invested Capital (7.42%) for JJSF is above the 3 year average (5.93%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.16% | ||
| ROE | 8.72% | ||
| ROIC | 7.42% |
ROA(3y)5%
ROA(5y)5.21%
ROE(3y)6.9%
ROE(5y)6.87%
ROIC(3y)5.93%
ROIC(5y)5.9%
1.3 Margins
The Profit Margin of JJSF (5.12%) is better than 68.13% of its industry peers.
JJSF's Profit Margin has declined in the last couple of years.
JJSF has a Operating Margin of 7.17%. This is in the better half of the industry: JJSF outperforms 71.43% of its industry peers.
In the last couple of years the Operating Margin of JJSF has declined.
Looking at the Gross Margin, with a value of 30.44%, JJSF is in the better half of the industry, outperforming 74.73% of the companies in the same industry.
In the last couple of years the Gross Margin of JJSF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.17% | ||
| PM (TTM) | 5.12% | ||
| GM | 30.44% |
OM growth 3Y45.43%
OM growth 5Y-6.03%
PM growth 3Y41.4%
PM growth 5Y-11.07%
GM growth 3Y8.92%
GM growth 5Y0.4%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), JJSF is destroying value.
The number of shares outstanding for JJSF has been increased compared to 1 year ago.
The number of shares outstanding for JJSF has been increased compared to 5 years ago.
The debt/assets ratio for JJSF has been reduced compared to a year ago.
2.2 Solvency
JJSF has an Altman-Z score of 6.81. This indicates that JJSF is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of JJSF (6.81) is better than 91.21% of its industry peers.
The Debt to FCF ratio of JJSF is 0.07, which is an excellent value as it means it would take JJSF, only 0.07 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.07, JJSF belongs to the top of the industry, outperforming 97.80% of the companies in the same industry.
A Debt/Equity ratio of 0.01 indicates that JJSF is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.01, JJSF belongs to the top of the industry, outperforming 87.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.07 | ||
| Altman-Z | 6.81 |
ROIC/WACC0.8
WACC9.33%
2.3 Liquidity
JJSF has a Current Ratio of 2.40. This indicates that JJSF is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of JJSF (2.40) is better than 79.12% of its industry peers.
A Quick Ratio of 1.36 indicates that JJSF should not have too much problems paying its short term obligations.
JJSF has a Quick ratio of 1.36. This is in the better half of the industry: JJSF outperforms 78.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.4 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
JJSF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 78.99%, which is quite impressive.
JJSF shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.26% yearly.
The Revenue has grown by 10.08% in the past year. This is quite good.
The Revenue has been growing slightly by 6.49% on average over the past years.
EPS 1Y (TTM)78.99%
EPS 3Y48.65%
EPS 5Y-0.26%
EPS growth Q2Q23.81%
Revenue 1Y (TTM)10.08%
Revenue growth 3Y15.11%
Revenue growth 5Y6.49%
Revenue growth Q2Q-0.85%
3.2 Future
Based on estimates for the next years, JJSF will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.02% on average per year.
The Revenue is expected to grow by 2.47% on average over the next years.
EPS Next Y15.49%
EPS Next 2Y15.89%
EPS Next 3Y14.02%
EPS Next 5YN/A
Revenue Next Year2.23%
Revenue Next 2Y2.89%
Revenue Next 3Y2.47%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 29.71 indicates a quite expensive valuation of JJSF.
The rest of the industry has a similar Price/Earnings ratio as JJSF.
JJSF's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.92.
With a Price/Forward Earnings ratio of 22.61, JJSF is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of JJSF indicates a somewhat cheap valuation: JJSF is cheaper than 63.74% of the companies listed in the same industry.
JJSF's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.49.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.71 | ||
| Fwd PE | 22.61 |
4.2 Price Multiples
JJSF's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JJSF is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.97 | ||
| EV/EBITDA | 15.01 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates JJSF does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of JJSF may justify a higher PE ratio.
JJSF's earnings are expected to grow with 14.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.92
PEG (5Y)N/A
EPS Next 2Y15.89%
EPS Next 3Y14.02%
5. Dividend
5.1 Amount
JJSF has a Yearly Dividend Yield of 2.12%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.53, JJSF pays a bit more dividend than its industry peers.
JJSF's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
5.2 History
The dividend of JJSF is nicely growing with an annual growth rate of 9.64%!
JJSF has paid a dividend for at least 10 years, which is a reliable track record.
JJSF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.64%
Div Incr Years17
Div Non Decr Years17
5.3 Sustainability
68.57% of the earnings are spent on dividend by JJSF. This is not a sustainable payout ratio.
JJSF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP68.57%
EPS Next 2Y15.89%
EPS Next 3Y14.02%
J & J SNACK FOODS CORP
NASDAQ:JJSF (4/26/2024, 7:00:02 PM)
After market: 136.67 0 (0%)136.67
-2.02 (-1.46%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.65B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.71 | ||
| Fwd PE | 22.61 | ||
| 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)1.92
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.16% | ||
| ROE | 8.72% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.17% | ||
| PM (TTM) | 5.12% | ||
| GM | 30.44% | ||
| 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 Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.4 | ||
| Quick Ratio | 1.36 | ||
| 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)78.99%
EPS 3Y48.65%
EPS 5Y
EPS growth Q2Q
EPS Next Y15.49%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.08%
Revenue growth 3Y15.11%
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