J & J SNACK FOODS CORP (JJSF) Stock Fundamental Analysis
USA - NASDAQ:JJSF - US4660321096 - Common Stock
100 USD
-2.55 (-2.49%)
100.001 USD
0 (0%)
Taking everything into account, JJSF scores 5 out of 10 in our fundamental rating. JJSF was compared to 89 industry peers in the Food Products industry. JJSF has an excellent financial health rating, but there are some minor concerns on its profitability. JJSF has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
JJSF had positive earnings in the past year.
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
JJSF's Return On Assets of 5.93% is fine compared to the rest of the industry. JJSF outperforms 79.78% of its industry peers.
JJSF's Return On Equity of 8.65% is fine compared to the rest of the industry. JJSF outperforms 65.17% of its industry peers.
JJSF has a better Return On Invested Capital (6.26%) than 65.17% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for JJSF is significantly below the industry average of 28.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.93% | ||
| ROE | 8.65% | ||
| ROIC | 6.26% |
ROA(3y)5.47%
ROA(5y)4.62%
ROE(3y)7.72%
ROE(5y)6.4%
ROIC(3y)6.34%
ROIC(5y)5.29%
1.3 Margins
Looking at the Profit Margin, with a value of 5.24%, JJSF is in the better half of the industry, outperforming 69.66% of the companies in the same industry.
In the last couple of years the Profit Margin of JJSF has declined.
JJSF's Operating Margin of 6.47% is fine compared to the rest of the industry. JJSF outperforms 65.17% of its industry peers.
In the last couple of years the Operating Margin of JJSF has declined.
JJSF has a better Gross Margin (29.70%) than 66.29% of its industry peers.
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 | 6.47% | ||
| PM (TTM) | 5.24% | ||
| GM | 29.7% |
OM growth 3Y5.63%
OM growth 5Y-5.42%
PM growth 3Y4.2%
PM growth 5Y-7.21%
GM growth 3Y5.74%
GM growth 5Y0.89%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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 5.08. This indicates that JJSF is financially healthy and has little risk of bankruptcy at the moment.
JJSF's Altman-Z score of 5.08 is amongst the best of the industry. JJSF outperforms 87.64% of its industry peers.
JJSF has a debt to FCF ratio of 0.03. This is a very positive value and a sign of high solvency as it would only need 0.03 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.03, JJSF belongs to the best of the industry, outperforming 95.51% of the companies in the same industry.
A Debt/Equity ratio of 0.00 indicates that JJSF is not too dependend on debt financing.
The Debt to Equity ratio of JJSF (0.00) is better than 88.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.03 | ||
| Altman-Z | 5.08 |
ROIC/WACC0.71
WACC8.78%
2.3 Liquidity
A Current Ratio of 2.38 indicates that JJSF has no problem at all paying its short term obligations.
JJSF has a better Current ratio (2.38) than 71.91% of its industry peers.
JJSF has a Quick Ratio of 1.43. This is a normal value and indicates that JJSF is financially healthy and should not expect problems in meeting its short term obligations.
JJSF has a better Quick ratio (1.43) than 75.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
JJSF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.58%.
The Earnings Per Share has been decreasing by -0.04% on average over the past years.
The Revenue has been growing slightly by 0.50% in the past year.
JJSF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.83% yearly.
EPS 1Y (TTM)-15.58%
EPS 3Y19.29%
EPS 5Y-0.04%
EPS Q2Q%1.01%
Revenue 1Y (TTM)0.5%
Revenue growth 3Y11.22%
Revenue growth 5Y5.83%
Sales Q2Q%3.26%
3.2 Future
JJSF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.28% yearly.
The Revenue is expected to grow by 2.45% on average over the next years.
EPS Next Y-16.17%
EPS Next 2Y0.48%
EPS Next 3Y5.28%
EPS Next 5YN/A
Revenue Next Year1.37%
Revenue Next 2Y2.03%
Revenue Next 3Y2.45%
Revenue Next 5YN/A
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.36, JJSF is valued on the expensive side.
JJSF's Price/Earnings is on the same level as the industry average.
JJSF is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 20.05, the valuation of JJSF can be described as rather expensive.
JJSF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. JJSF is cheaper than 61.80% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.86. JJSF is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.36 | ||
| Fwd PE | 20.05 |
4.2 Price Multiples
JJSF's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, JJSF is valued a bit cheaper than 62.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.25 | ||
| EV/EBITDA | 10.64 |
4.3 Compensation for Growth
The decent profitability rating of JJSF may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.48%
EPS Next 3Y5.28%
5. Dividend
5.1 Amount
JJSF has a Yearly Dividend Yield of 3.12%.
JJSF's Dividend Yield is a higher than the industry average which is at 5.08.
JJSF's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.12% |
5.2 History
The dividend of JJSF is nicely growing with an annual growth rate of 8.63%!
JJSF has been paying a dividend for at least 10 years, so it has a reliable track record.
JJSF has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.63%
Div Incr Years20
Div Non Decr Years20
5.3 Sustainability
71.36% of the earnings are spent on dividend by JJSF. This is not a sustainable payout ratio.
JJSF's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP71.36%
EPS Next 2Y0.48%
EPS Next 3Y5.28%
100
-2.55 (-2.49%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners84.72%
Inst Owner Change-4.23%
Ins Owners1.92%
Ins Owner Change0%
Market Cap1.95B
Analysts80
Price Target147.22 (47.22%)
Short Float %4.05%
Short Ratio4.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.12% |
Yearly Dividend2.94
Dividend Growth(5Y)8.63%
DP71.36%
Div Incr Years20
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-21.43%
Min EPS beat(2)-52.19%
Max EPS beat(2)9.33%
EPS beat(4)1
Avg EPS beat(4)-25.83%
Min EPS beat(4)-52.19%
Max EPS beat(4)9.33%
EPS beat(8)2
Avg EPS beat(8)-13.48%
EPS beat(12)4
Avg EPS beat(12)-7.43%
EPS beat(16)4
Avg EPS beat(16)-14.01%
Revenue beat(2)1
Avg Revenue beat(2)-2.28%
Min Revenue beat(2)-4.88%
Max Revenue beat(2)0.32%
Revenue beat(4)1
Avg Revenue beat(4)-2.23%
Min Revenue beat(4)-4.88%
Max Revenue beat(4)0.32%
Revenue beat(8)3
Avg Revenue beat(8)-1.37%
Revenue beat(12)4
Avg Revenue beat(12)-1.63%
Revenue beat(16)7
Avg Revenue beat(16)-0.9%
PT rev (1m)0.23%
PT rev (3m)-0.46%
EPS NQ rev (1m)-6.52%
EPS NQ rev (3m)-20.68%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.45%
Revenue NQ rev (1m)-1.66%
Revenue NQ rev (3m)-2.1%
Revenue NY rev (1m)-0.91%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.36 | ||
| Fwd PE | 20.05 | ||
| P/S | 1.22 | ||
| P/FCF | 29.25 | ||
| P/OCF | 13.43 | ||
| P/B | 2.01 | ||
| P/tB | 3.19 | ||
| EV/EBITDA | 10.64 |
EPS(TTM)4.28
EY4.28%
EPS(NY)4.99
Fwd EY4.99%
FCF(TTM)3.42
FCFY3.42%
OCF(TTM)7.45
OCFY7.45%
SpS82.16
BVpS49.82
TBVpS31.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.93% | ||
| ROE | 8.65% | ||
| ROCE | 8.57% | ||
| ROIC | 6.26% | ||
| ROICexc | 6.69% | ||
| ROICexgc | 9.81% | ||
| OM | 6.47% | ||
| PM (TTM) | 5.24% | ||
| GM | 29.7% | ||
| FCFM | 4.16% |
ROA(3y)5.47%
ROA(5y)4.62%
ROE(3y)7.72%
ROE(5y)6.4%
ROIC(3y)6.34%
ROIC(5y)5.29%
ROICexc(3y)6.67%
ROICexc(5y)6.11%
ROICexgc(3y)10.24%
ROICexgc(5y)9.16%
ROCE(3y)8.67%
ROCE(5y)7.24%
ROICexcg growth 3Y0.07%
ROICexcg growth 5Y-7.81%
ROICexc growth 3Y-1.27%
ROICexc growth 5Y-10.06%
OM growth 3Y5.63%
OM growth 5Y-5.42%
PM growth 3Y4.2%
PM growth 5Y-7.21%
GM growth 3Y5.74%
GM growth 5Y0.89%
F-Score5
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.03 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 108.4% | ||
| Cap/Sales | 4.9% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.41% | ||
| Profit Quality | 79.37% | ||
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z | 5.08 |
F-Score5
WACC8.78%
ROIC/WACC0.71
Cap/Depr(3y)144.73%
Cap/Depr(5y)130.35%
Cap/Sales(3y)5.9%
Cap/Sales(5y)5.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.58%
EPS 3Y19.29%
EPS 5Y-0.04%
EPS Q2Q%1.01%
EPS Next Y-16.17%
EPS Next 2Y0.48%
EPS Next 3Y5.28%
EPS Next 5YN/A
Revenue 1Y (TTM)0.5%
Revenue growth 3Y11.22%
Revenue growth 5Y5.83%
Sales Q2Q%3.26%
Revenue Next Year1.37%
Revenue Next 2Y2.03%
Revenue Next 3Y2.45%
Revenue Next 5YN/A
EBIT growth 1Y-14.46%
EBIT growth 3Y17.48%
EBIT growth 5Y0.09%
EBIT Next Year30.89%
EBIT Next 3Y16.4%
EBIT Next 5YN/A
FCF growth 1Y7.35%
FCF growth 3Y27.59%
FCF growth 5Y1.94%
OCF growth 1Y-10.26%
OCF growth 3Y19.47%
OCF growth 5Y3.25%