J & J SNACK FOODS CORP (JJSF) Stock Fundamental Analysis
NASDAQ:JJSF - Nasdaq - US4660321096 - Common Stock - Currency: USD
Overall JJSF gets a fundamental rating of 5 out of 10. We evaluated JJSF against 89 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
In the past year JJSF was profitable.
In the past year JJSF had a positive cash flow from operations.
JJSF had positive earnings in each of the past 5 years.
In the past 5 years JJSF always reported a positive cash flow from operatings.
1.2 Ratios
JJSF has a better Return On Assets (6.27%) than 73.03% of its industry peers.
The Return On Equity of JJSF (8.92%) is better than 60.67% of its industry peers.
The Return On Invested Capital of JJSF (7.04%) is better than 70.79% of its industry peers.
The Average Return On Invested Capital over the past 3 years for JJSF is below the industry average of 8.83%.
The last Return On Invested Capital (7.04%) for JJSF is above the 3 year average (6.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.27% | ||
| ROE | 8.92% | ||
| ROIC | 7.04% |
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
JJSF has a better Profit Margin (5.31%) than 74.16% of its industry peers.
JJSF's Profit Margin has declined in the last couple of years.
JJSF's Operating Margin of 7.18% is fine compared to the rest of the industry. JJSF outperforms 67.42% of its industry peers.
In the last couple of years the Operating Margin of JJSF has declined.
JJSF has a better Gross Margin (30.55%) than 69.66% 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 | 7.18% | ||
| PM (TTM) | 5.31% | ||
| GM | 30.55% |
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.
Compared to 5 years ago, JJSF has more shares outstanding
The debt/assets ratio for JJSF has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.96 indicates that JJSF is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 5.96, JJSF belongs to the best of the industry, outperforming 91.01% of the companies in the same industry.
The Debt to FCF ratio of JJSF is 0.01, which is an excellent value as it means it would take JJSF, only 0.01 years of fcf income to pay off all of its debts.
JJSF has a Debt to FCF ratio of 0.01. This is amongst the best in the industry. JJSF outperforms 95.51% of its industry peers.
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 | 0.01 | ||
| Altman-Z | 5.96 |
ROIC/WACC0.77
WACC9.09%
2.3 Liquidity
JJSF has a Current Ratio of 2.63. This indicates that JJSF is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.63, JJSF is in the better half of the industry, outperforming 77.53% of the companies in the same industry.
JJSF has a Quick Ratio of 1.59. 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 Quick ratio of 1.59. This is in the better half of the industry: JJSF outperforms 78.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.63 | ||
| Quick Ratio | 1.59 |
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.
JJSF shows a small growth in Revenue. In the last year, the Revenue has grown by 1.02%.
JJSF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.83% yearly.
EPS 1Y (TTM)-14.97%
EPS 3Y19.29%
EPS 5Y-0.04%
EPS Q2Q%-58.33%
Revenue 1Y (TTM)1.02%
Revenue growth 3Y11.22%
Revenue growth 5Y5.83%
Sales Q2Q%-1.01%
3.2 Future
The Earnings Per Share is expected to grow by 9.73% on average over the next years. This is quite good.
JJSF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.96% yearly.
EPS Next Y-1.76%
EPS Next 2Y8.25%
EPS Next 3Y9.73%
EPS Next 5YN/A
Revenue Next Year1.43%
Revenue Next 2Y2.55%
Revenue Next 3Y2.96%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
JJSF is valuated quite expensively with a Price/Earnings ratio of 26.89.
Compared to the rest of the industry, the Price/Earnings ratio of JJSF is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 24.85, JJSF is valued at the same level.
JJSF is valuated rather expensively with a Price/Forward Earnings ratio of 19.79.
60.67% of the companies in the same industry are more expensive than JJSF, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.89, JJSF is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.89 | ||
| Fwd PE | 19.79 |
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 | 25.79 | ||
| EV/EBITDA | 11.84 |
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 2Y8.25%
EPS Next 3Y9.73%
5. Dividend
5.1 Amount
JJSF has a Yearly Dividend Yield of 2.62%. 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 4.62.
JJSF's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.62% |
5.2 History
On average, the dividend of JJSF grows each year by 8.63%, which is quite nice.
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)8.63%
Div Incr Years20
Div Non Decr Years20
5.3 Sustainability
JJSF pays out 68.62% of its income as dividend. This is not a sustainable payout ratio.
JJSF's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP68.62%
EPS Next 2Y8.25%
EPS Next 3Y9.73%
114.55
-2 (-1.72%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners80.15%
Inst Owner Change0.54%
Ins Owners1.92%
Ins Owner Change0.2%
Market Cap2.23B
Analysts80
Price Target168.56 (47.15%)
Short Float %5.15%
Short Ratio5.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.62% |
Yearly Dividend2.94
Dividend Growth(5Y)8.63%
DP68.62%
Div Incr Years20
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.23%
Min EPS beat(2)-45.48%
Max EPS beat(2)-14.98%
EPS beat(4)1
Avg EPS beat(4)-7.22%
Min EPS beat(4)-45.48%
Max EPS beat(4)34.13%
EPS beat(8)2
Avg EPS beat(8)-6.32%
EPS beat(12)3
Avg EPS beat(12)-11.31%
EPS beat(16)5
Avg EPS beat(16)2.9%
Revenue beat(2)0
Avg Revenue beat(2)-2.18%
Min Revenue beat(2)-2.64%
Max Revenue beat(2)-1.71%
Revenue beat(4)1
Avg Revenue beat(4)-0.95%
Min Revenue beat(4)-2.86%
Max Revenue beat(4)3.4%
Revenue beat(8)2
Avg Revenue beat(8)-1.59%
Revenue beat(12)4
Avg Revenue beat(12)-1.75%
Revenue beat(16)8
Avg Revenue beat(16)-0.19%
PT rev (1m)-1.49%
PT rev (3m)-11.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-27.72%
EPS NY rev (1m)-1.04%
EPS NY rev (3m)-14.26%
Revenue NQ rev (1m)-0.36%
Revenue NQ rev (3m)-1.1%
Revenue NY rev (1m)-1.92%
Revenue NY rev (3m)-2.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.89 | ||
| Fwd PE | 19.79 | ||
| P/S | 1.4 | ||
| P/FCF | 25.79 | ||
| P/OCF | 14.02 | ||
| P/B | 2.36 | ||
| P/tB | 3.84 | ||
| EV/EBITDA | 11.84 |
EPS(TTM)4.26
EY3.72%
EPS(NY)5.79
Fwd EY5.05%
FCF(TTM)4.44
FCFY3.88%
OCF(TTM)8.17
OCFY7.13%
SpS81.53
BVpS48.58
TBVpS29.83
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.27% | ||
| ROE | 8.92% | ||
| ROCE | 9.64% | ||
| ROIC | 7.04% | ||
| ROICexc | 7.51% | ||
| ROICexgc | 11.19% | ||
| OM | 7.18% | ||
| PM (TTM) | 5.31% | ||
| GM | 30.55% | ||
| FCFM | 5.45% |
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-Score7
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 101.61% | ||
| Cap/Sales | 4.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.79% | ||
| Profit Quality | 102.56% | ||
| Current Ratio | 2.63 | ||
| Quick Ratio | 1.59 | ||
| Altman-Z | 5.96 |
F-Score7
WACC9.09%
ROIC/WACC0.77
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-1.76%
EPS Next 2Y8.25%
EPS Next 3Y9.73%
EPS Next 5YN/A
Revenue 1Y (TTM)1.02%
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 1Y2.27%
EBIT growth 3Y17.48%
EBIT growth 5Y0.09%
EBIT Next Year43.39%
EBIT Next 3Y20.71%
EBIT Next 5YN/A
FCF growth 1Y244.05%
FCF growth 3Y27.59%
FCF growth 5Y1.94%
OCF growth 1Y279.23%
OCF growth 3Y19.47%
OCF growth 5Y3.25%