JPMORGAN CHASE & CO (JPM)
US46625H1005 - Common Stock
We assign a fundamental rating of 3 out of 10 to JPM. JPM was compared to 411 industry peers in the Banks industry. There are concerns on the financial health of JPM while its profitability can be described as average. JPM is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
JPM had positive earnings in the past year.
In the past year JPM had a positive cash flow from operations.
In the past 5 years JPM has always been profitable.
JPM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
JPM has a Return On Assets of 1.23%. This is in the better half of the industry: JPM outperforms 79.56% of its industry peers.
JPM has a Return On Equity of 14.57%. This is amongst the best in the industry. JPM outperforms 88.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 14.57% | ||
| ROIC | N/A |
ROA(3y)1.15%
ROA(5y)1.11%
ROE(3y)14.22%
ROE(5y)13.14%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
JPM has a Profit Margin of 30.21%. This is in the better half of the industry: JPM outperforms 76.16% of its industry peers.
In the last couple of years the Profit Margin of JPM has remained more or less at the same level.
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) | 30.21% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y9.75%
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
Compared to 5 years ago, JPM has less shares outstanding
JPM has a worse debt/assets ratio than last year.
2.2 Solvency
JPM has a debt to FCF ratio of 47.16. This is a negative value and a sign of low solvency as JPM would need 47.16 years to pay back of all of its debts.
With a Debt to FCF ratio value of 47.16, JPM is not doing good in the industry: 88.08% of the companies in the same industry are doing better.
JPM has a Debt/Equity ratio of 1.87. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of JPM (1.87) is worse than 90.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | 47.16 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.69%
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 35.37%, 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 13.68% yearly.
The Revenue has grown by 22.85% in the past year. This is a very strong growth!
JPM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.76% yearly.
EPS 1Y (TTM)35.37%
EPS 3Y23.82%
EPS 5Y13.68%
EPS growth Q2Q-14.61%
Revenue 1Y (TTM)22.85%
Revenue growth 3Y9.64%
Revenue growth 5Y7.76%
Revenue growth Q2Q11.66%
3.2 Future
JPM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.11% yearly.
Based on estimates for the next years, JPM will show a small growth in Revenue. The Revenue will grow by 0.15% on average per year.
EPS Next Y-4.59%
EPS Next 2Y-1.09%
EPS Next 3Y1.72%
EPS Next 5Y-2.11%
Revenue Next Year1.78%
Revenue Next 2Y1.21%
Revenue Next 3Y2%
Revenue Next 5Y0.15%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
Based on the Price/Earnings ratio of 11.48, the valuation of JPM can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of JPM indicates a slightly more expensive valuation: JPM is more expensive than 64.23% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.20, JPM is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.03, JPM is valued correctly.
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 61.07% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.63, JPM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.48 | ||
| Fwd PE | 12.03 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, JPM is valued more expensive than 84.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.81 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.84
EPS Next 2Y-1.09%
EPS Next 3Y1.72%
5. Dividend
5.1 Amount
JPM has a Yearly Dividend Yield of 2.54%.
JPM's Dividend Yield is slightly below the industry average, which is at 3.86.
JPM's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
5.2 History
The dividend of JPM is nicely growing with an annual growth rate of 8.96%!
JPM has paid a dividend for at least 10 years, which is a reliable track record.
JPM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.96%
Div Incr Years13
Div Non Decr Years13
5.3 Sustainability
JPM pays out 28.19% of its income as dividend. This is a sustainable payout ratio.
DP28.19%
EPS Next 2Y-1.09%
EPS Next 3Y1.72%
JPMORGAN CHASE & CO
NYSE:JPM (4/25/2024, 7:04:00 PM)
After market: 193.01 -0.36 (-0.19%)193.37
+0.29 (+0.15%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap555.38B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
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)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | 11.48 | ||
| Fwd PE | 12.03 | ||
| 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)N/A
PEG (5Y)0.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 14.57% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 30.21% | ||
| GM | N/A | ||
| 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 Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| 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)35.37%
EPS 3Y23.82%
EPS 5Y
EPS growth Q2Q
EPS Next Y-4.59%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)22.85%
Revenue growth 3Y9.64%
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