JPMORGAN CHASE & CO (JPM)
US46625H1005 - Common Stock
JPM gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 412 industry peers in the Banks industry. While JPM is still in line with the averages on profitability rating, there are concerns on its financial health. JPM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year JPM was profitable.
In the past year JPM had a positive cash flow from operations.
Each year in the past 5 years JPM has been profitable.
JPM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of JPM (1.23%) is better than 79.61% of its industry peers.
JPM has a Return On Equity of 14.57%. This is amongst the best in the industry. JPM outperforms 88.11% 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
Looking at the Profit Margin, with a value of 30.21%, JPM is in the better half of the industry, outperforming 76.70% of the companies in the same industry.
In the last couple of years the Profit Margin of JPM has remained more or less at the same level.
JPM does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| 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.
The number of shares outstanding for JPM has been reduced compared to 1 year ago.
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 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.
JPM's Debt to FCF ratio of 47.16 is on the low side compared to the rest of the industry. JPM is outperformed by 87.14% of its industry peers.
JPM has a Debt/Equity ratio of 1.87. This is a high value indicating a heavy dependency on external financing.
JPM's Debt to Equity ratio of 1.87 is on the low side compared to the rest of the industry. JPM is outperformed by 91.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | 47.16 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.38%
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.
Measured over the past years, JPM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.68% on average per year.
Looking at the last year, JPM shows a very strong growth in Revenue. The Revenue has grown by 22.85%.
Measured over the past years, JPM shows a small growth in Revenue. The Revenue has been growing by 7.76% on average per year.
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 -1.61% yearly.
JPM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.80% yearly.
EPS Next Y-4.59%
EPS Next 2Y-1.09%
EPS Next 3Y1.72%
EPS Next 5Y-1.61%
Revenue Next Year1.78%
Revenue Next 2Y1.21%
Revenue Next 3Y2%
Revenue Next 5Y0.8%
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
JPM is valuated reasonably with a Price/Earnings ratio of 11.62.
JPM's Price/Earnings ratio is a bit more expensive when compared to the industry. JPM is more expensive than 62.62% of the companies in the same industry.
JPM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.05.
Based on the Price/Forward Earnings ratio of 12.18, the valuation of JPM can be described as correct.
JPM's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.30, JPM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.62 | ||
| Fwd PE | 12.18 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JPM indicates a rather expensive valuation: JPM more expensive than 83.74% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.31 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.85
EPS Next 2Y-1.09%
EPS Next 3Y1.72%
5. Dividend
5.1 Amount
JPM has a Yearly Dividend Yield of 2.40%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.76, JPM is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.40, JPM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
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
28.19% of the earnings are spent on dividend by JPM. This is a low number and sustainable payout ratio.
DP28.19%
EPS Next 2Y-1.09%
EPS Next 3Y1.72%
JPMORGAN CHASE & CO
NYSE:JPM (5/8/2024, 7:04:00 PM)
After market: 195.65 0 (0%)195.65
+3.9 (+2.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap561.92B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
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)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 11.62 | ||
| Fwd PE | 12.18 | ||
| 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)0.85
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