JPMORGAN CHASE & CO (JPM) Stock Fundamental Analysis
USA - NYSE:JPM - US46625H1005 - Common Stock
314.21 USD
+0.79 (+0.25%)
314.086 USD
-0.12 (-0.04%)
Taking everything into account, JPM scores 3 out of 10 in our fundamental rating. JPM was compared to 388 industry peers in the Banks industry. JPM has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, JPM is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year JPM was profitable.
In the past year JPM has reported a negative cash flow from operations.
Each year in the past 5 years JPM has been profitable.
In multiple years JPM reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a decent Return On Assets value of 1.21%, JPM is doing good in the industry, outperforming 79.23% of the companies in the same industry.
The Return On Equity of JPM (15.45%) is better than 93.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.21% | ||
| ROE | 15.45% | ||
| ROIC | N/A |
ROA(3y)1.21%
ROA(5y)1.14%
ROE(3y)14.45%
ROE(5y)13.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 31.40%, JPM belongs to the top of the industry, outperforming 84.10% of the companies in the same industry.
JPM's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for JPM so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 31.4% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.73%
PM growth 5Y1.36%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
JPM does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, JPM has less shares outstanding
JPM has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, JPM has a worse debt to assets ratio.
2.2 Solvency
JPM has a Debt/Equity ratio of 2.96. This is a high value indicating a heavy dependency on external financing.
JPM has a worse Debt to Equity ratio (2.96) than 92.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.96 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.35%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
JPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.59%, which is quite impressive.
JPM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.43% yearly.
The Revenue has been growing slightly by 3.49% in the past year.
JPM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.94% yearly.
EPS 1Y (TTM)22.59%
EPS 3Y5.01%
EPS 5Y11.43%
EPS Q2Q%16.02%
Revenue 1Y (TTM)3.49%
Revenue growth 3Y13.43%
Revenue growth 5Y8.94%
Sales Q2Q%8.78%
3.2 Future
JPM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.80% yearly.
JPM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.21% yearly.
EPS Next Y14.45%
EPS Next 2Y9.31%
EPS Next 3Y9.06%
EPS Next 5Y7.8%
Revenue Next Year3.4%
Revenue Next 2Y3.42%
Revenue Next 3Y3.52%
Revenue Next 5Y3.21%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 15.91 indicates a correct valuation of JPM.
Compared to the rest of the industry, the Price/Earnings ratio of JPM indicates a slightly more expensive valuation: JPM is more expensive than 72.82% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.06. JPM is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 14.71, the valuation of JPM can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of JPM indicates a slightly more expensive valuation: JPM is more expensive than 73.85% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of JPM to the average of the S&P500 Index (32.73), we can say JPM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.91 | ||
| Fwd PE | 14.71 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
JPM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.1
PEG (5Y)1.39
EPS Next 2Y9.31%
EPS Next 3Y9.06%
5. Dividend
5.1 Amount
JPM has a Yearly Dividend Yield of 1.91%.
JPM's Dividend Yield is slightly below the industry average, which is at 3.38.
Compared to an average S&P500 Dividend Yield of 2.37, JPM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.91% |
5.2 History
On average, the dividend of JPM grows each year by 6.07%, which is quite nice.
JPM has been paying a dividend for at least 10 years, so it has a reliable track record.
JPM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.07%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
JPM pays out 28.18% of its income as dividend. This is a sustainable payout ratio.
The dividend of JPM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.18%
EPS Next 2Y9.31%
EPS Next 3Y9.06%
314.21
+0.79 (+0.25%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners74.26%
Inst Owner Change-4.69%
Ins Owners0.38%
Ins Owner Change-1.19%
Market Cap864.00B
Revenue(TTM)179.42B
Net Income(TTM)55.15B
Analysts73.33
Price Target329.62 (4.9%)
Short Float %0.95%
Short Ratio3.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.91% |
Yearly Dividend5.21
Dividend Growth(5Y)6.07%
DP28.18%
Div Incr Years14
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.47%
Min EPS beat(2)5.36%
Max EPS beat(2)9.57%
EPS beat(4)4
Avg EPS beat(4)9.7%
Min EPS beat(4)5.36%
Max EPS beat(4)15.92%
EPS beat(8)7
Avg EPS beat(8)6.2%
EPS beat(12)11
Avg EPS beat(12)10.73%
EPS beat(16)14
Avg EPS beat(16)9.89%
Revenue beat(2)2
Avg Revenue beat(2)2.97%
Min Revenue beat(2)2.66%
Max Revenue beat(2)3.28%
Revenue beat(4)4
Avg Revenue beat(4)3.18%
Min Revenue beat(4)2.66%
Max Revenue beat(4)3.77%
Revenue beat(8)7
Avg Revenue beat(8)1.96%
Revenue beat(12)10
Avg Revenue beat(12)2.41%
Revenue beat(16)10
Avg Revenue beat(16)1.14%
PT rev (1m)4.16%
PT rev (3m)5.97%
EPS NQ rev (1m)1.79%
EPS NQ rev (3m)3.74%
EPS NY rev (1m)3.52%
EPS NY rev (3m)10.03%
Revenue NQ rev (1m)0.73%
Revenue NQ rev (3m)1.93%
Revenue NY rev (1m)1.72%
Revenue NY rev (3m)2.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.91 | ||
| Fwd PE | 14.71 | ||
| P/S | 4.92 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.42 | ||
| P/tB | 2.95 | ||
| EV/EBITDA | N/A |
EPS(TTM)19.75
EY6.29%
EPS(NY)21.37
Fwd EY6.8%
FCF(TTM)-54.05
FCFYN/A
OCF(TTM)-54.05
OCFYN/A
SpS63.88
BVpS129.8
TBVpS106.36
PEG (NY)1.1
PEG (5Y)1.39
Graham Number240.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.21% | ||
| ROE | 15.45% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 31.4% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)1.21%
ROA(5y)1.14%
ROE(3y)14.45%
ROE(5y)13.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.73%
PM growth 5Y1.36%
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.96 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score3
WACC10.35%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.59%
EPS 3Y5.01%
EPS 5Y11.43%
EPS Q2Q%16.02%
EPS Next Y14.45%
EPS Next 2Y9.31%
EPS Next 3Y9.06%
EPS Next 5Y7.8%
Revenue 1Y (TTM)3.49%
Revenue growth 3Y13.43%
Revenue growth 5Y8.94%
Sales Q2Q%8.78%
Revenue Next Year3.4%
Revenue Next 2Y3.42%
Revenue Next 3Y3.52%
Revenue Next 5Y3.21%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1488.11%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-1488.11%
OCF growth 3YN/A
OCF growth 5YN/A
JPMORGAN CHASE & CO / JPM FAQ
What is the fundamental rating for JPM stock?
ChartMill assigns a fundamental rating of 3 / 10 to JPM.
Can you provide the valuation status for JPMORGAN CHASE & CO?
ChartMill assigns a valuation rating of 2 / 10 to JPMORGAN CHASE & CO (JPM). This can be considered as Overvalued.
Can you provide the profitability details for JPMORGAN CHASE & CO?
JPMORGAN CHASE & CO (JPM) has a profitability rating of 4 / 10.
What are the PE and PB ratios of JPMORGAN CHASE & CO (JPM) stock?
The Price/Earnings (PE) ratio for JPMORGAN CHASE & CO (JPM) is 15.91 and the Price/Book (PB) ratio is 2.42.
What is the expected EPS growth for JPMORGAN CHASE & CO (JPM) stock?
The Earnings per Share (EPS) of JPMORGAN CHASE & CO (JPM) is expected to grow by 14.45% in the next year.