J & J SNACK FOODS CORP (JJSF) Stock Fundamental Analysis
NASDAQ:JJSF - Nasdaq - US4660321096 - Common Stock - Currency: USD
JJSF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 91 industry peers in the Food Products industry. While JJSF has a great health rating, its profitability is only average at the moment. JJSF is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
JJSF had positive earnings in the past year.
JJSF had a positive operating cash flow in the past year.
JJSF had positive earnings in each of the past 5 years.
JJSF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of JJSF (5.59%) is better than 73.63% of its industry peers.
The Return On Equity of JJSF (8.12%) is better than 62.64% of its industry peers.
The Return On Invested Capital of JJSF (6.36%) is better than 65.93% of its industry peers.
The Average Return On Invested Capital over the past 3 years for JJSF is significantly below the industry average of 28.19%.
The last Return On Invested Capital (6.36%) for JJSF is above the 3 year average (6.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.59% | ||
| ROE | 8.12% | ||
| ROIC | 6.36% |
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 4.79%, JJSF is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
In the last couple of years the Profit Margin of JJSF has declined.
JJSF has a better Operating Margin (6.45%) than 64.84% of its industry peers.
JJSF's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 29.83%, JJSF is in the better half of the industry, outperforming 67.03% of the companies in the same industry.
JJSF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.45% | ||
| PM (TTM) | 4.79% | ||
| GM | 29.83% |
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.
JJSF has more shares outstanding than it did 1 year ago.
JJSF has more shares outstanding than it did 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 5.73. This indicates that JJSF is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of JJSF (5.73) is better than 90.11% of its industry peers.
JJSF has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.01, JJSF belongs to the top of the industry, outperforming 95.60% of the companies in the same industry.
A Debt/Equity ratio of 0.00 indicates that JJSF is not too dependend on debt financing.
JJSF's Debt to Equity ratio of 0.00 is amongst the best of the industry. JJSF outperforms 87.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 5.73 |
ROIC/WACC0.7
WACC9.04%
2.3 Liquidity
JJSF has a Current Ratio of 2.38. This indicates that JJSF is financially healthy and has no problem in meeting its short term obligations.
JJSF has a better Current ratio (2.38) than 73.63% of its industry peers.
JJSF has a Quick Ratio of 1.36. This is a normal value and indicates that JJSF is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.36, JJSF is doing good in the industry, outperforming 73.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
The earnings per share for JJSF have decreased strongly by -14.97% in the last year.
The Earnings Per Share has been decreasing by -0.04% on average over the past years.
Looking at the last year, JJSF shows a small growth in Revenue. The Revenue has grown by 0.49% in the last year.
The Revenue has been growing slightly by 5.83% on average over the past years.
EPS 1Y (TTM)-14.97%
EPS 3Y19.29%
EPS 5Y-0.04%
EPS Q2Q%-58.33%
Revenue 1Y (TTM)0.49%
Revenue growth 3Y11.22%
Revenue growth 5Y5.83%
Sales Q2Q%-1.01%
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 8.61% on average per year.
Based on estimates for the next years, JJSF will show a small growth in Revenue. The Revenue will grow by 2.96% on average per year.
EPS Next Y-12.26%
EPS Next 2Y3.49%
EPS Next 3Y8.61%
EPS Next 5YN/A
Revenue Next Year1.43%
Revenue Next 2Y2.55%
Revenue Next 3Y2.96%
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
JJSF is valuated quite expensively with a Price/Earnings ratio of 27.60.
JJSF's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of JJSF to the average of the S&P500 Index (28.05), we can say JJSF is valued inline with the index average.
With a Price/Forward Earnings ratio of 22.22, JJSF is valued on the expensive side.
JJSF's Price/Forward Earnings ratio is in line with the industry average.
JJSF's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 37.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.6 | ||
| Fwd PE | 22.22 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as JJSF.
JJSF's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. JJSF is cheaper than 67.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.44 | ||
| EV/EBITDA | 12.86 |
4.3 Compensation for Growth
JJSF has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.49%
EPS Next 3Y8.61%
5. Dividend
5.1 Amount
JJSF has a Yearly Dividend Yield of 2.66%. Purely for dividend investing, there may be better candidates out there.
JJSF's Dividend Yield is a higher than the industry average which is at 4.65.
Compared to an average S&P500 Dividend Yield of 2.30, JJSF has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
5.2 History
The dividend of JJSF is nicely growing with an annual growth rate of 8.63%!
JJSF has paid a dividend for at least 10 years, which is 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
JJSF pays out 77.57% of its income as dividend. This is not a sustainable payout ratio.
The dividend of JJSF is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP77.57%
EPS Next 2Y3.49%
EPS Next 3Y8.61%
117.56
+0.44 (+0.38%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners82.8%
Inst Owner Change0.12%
Ins Owners1.92%
Ins Owner Change0.02%
Market Cap2.29B
Analysts80
Price Target147.9 (25.81%)
Short Float %4.59%
Short Ratio4.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
Yearly Dividend2.94
Dividend Growth(5Y)8.63%
DP77.57%
Div Incr Years20
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-48.84%
Min EPS beat(2)-52.19%
Max EPS beat(2)-45.48%
EPS beat(4)0
Avg EPS beat(4)-28.8%
Min EPS beat(4)-52.19%
Max EPS beat(4)-2.55%
EPS beat(8)2
Avg EPS beat(8)-11.71%
EPS beat(12)3
Avg EPS beat(12)-9.47%
EPS beat(16)4
Avg EPS beat(16)-8.91%
Revenue beat(2)0
Avg Revenue beat(2)-3.3%
Min Revenue beat(2)-4.88%
Max Revenue beat(2)-1.71%
Revenue beat(4)0
Avg Revenue beat(4)-3.03%
Min Revenue beat(4)-4.88%
Max Revenue beat(4)-1.71%
Revenue beat(8)2
Avg Revenue beat(8)-2.13%
Revenue beat(12)4
Avg Revenue beat(12)-1.17%
Revenue beat(16)7
Avg Revenue beat(16)-0.78%
PT rev (1m)0%
PT rev (3m)-13.56%
EPS NQ rev (1m)-1.7%
EPS NQ rev (3m)-9.68%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.69%
Revenue NQ rev (1m)-0.24%
Revenue NQ rev (3m)-2.58%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.6 | ||
| Fwd PE | 22.22 | ||
| P/S | 1.44 | ||
| P/FCF | 27.44 | ||
| P/OCF | 14.4 | ||
| P/B | 2.45 | ||
| P/tB | 4 | ||
| EV/EBITDA | 12.86 |
EPS(TTM)4.26
EY3.62%
EPS(NY)5.29
Fwd EY4.5%
FCF(TTM)4.28
FCFY3.64%
OCF(TTM)8.16
OCFY6.94%
SpS81.47
BVpS48.05
TBVpS29.37
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.59% | ||
| ROE | 8.12% | ||
| ROCE | 8.7% | ||
| ROIC | 6.36% | ||
| ROICexc | 6.63% | ||
| ROICexgc | 9.78% | ||
| OM | 6.45% | ||
| PM (TTM) | 4.79% | ||
| GM | 29.83% | ||
| FCFM | 5.26% |
ROA(3y)5.47%
ROA(5y)4.62%
ROE(3y)7.72%
ROE(5y)6.4%
ROIC(3y)6.34%
ROIC(5y)5.29%
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-Score4
Asset Turnover1.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 104.94% | ||
| Cap/Sales | 4.76% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.21% | ||
| Profit Quality | 109.83% | ||
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 5.73 |
F-Score4
WACC9.04%
ROIC/WACC0.7
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)-14.97%
EPS 3Y19.29%
EPS 5Y-0.04%
EPS Q2Q%-58.33%
EPS Next Y-12.26%
EPS Next 2Y3.49%
EPS Next 3Y8.61%
EPS Next 5YN/A
Revenue 1Y (TTM)0.49%
Revenue growth 3Y11.22%
Revenue growth 5Y5.83%
Sales Q2Q%-1.01%
Revenue Next Year1.43%
Revenue Next 2Y2.55%
Revenue Next 3Y2.96%
Revenue Next 5YN/A
EBIT growth 1Y-14.29%
EBIT growth 3Y17.48%
EBIT growth 5Y0.09%
EBIT Next Year32.78%
EBIT Next 3Y20.71%
EBIT Next 5YN/A
FCF growth 1Y746.26%
FCF growth 3Y27.59%
FCF growth 5Y1.94%
OCF growth 1Y80.09%
OCF growth 3Y19.47%
OCF growth 5Y3.25%