JOHNSON & JOHNSON (1JNJ.MI) Fundamental Analysis & Valuation
BIT:1JNJ • US4781601046
Current stock price
212.65 EUR
+4.2 (+2.01%)
Last:
This 1JNJ.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. 1JNJ.MI Profitability Analysis
1.1 Basic Checks
- In the past year 1JNJ was profitable.
- 1JNJ had a positive operating cash flow in the past year.
- Each year in the past 5 years 1JNJ has been profitable.
- In the past 5 years 1JNJ always reported a positive cash flow from operatings.
1.2 Ratios
- 1JNJ's Return On Assets of 13.46% is amongst the best of the industry. 1JNJ outperforms 86.27% of its industry peers.
- Looking at the Return On Equity, with a value of 32.87%, 1JNJ is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
- 1JNJ has a Return On Invested Capital of 14.37%. This is in the better half of the industry: 1JNJ outperforms 70.59% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for 1JNJ is in line with the industry average of 17.40%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.46% | ||
| ROE | 32.87% | ||
| ROIC | 14.37% |
ROA(3y)14.08%
ROA(5y)12.66%
ROE(3y)34.55%
ROE(5y)31.04%
ROIC(3y)16.34%
ROIC(5y)15%
1.3 Margins
- Looking at the Profit Margin, with a value of 28.46%, 1JNJ belongs to the top of the industry, outperforming 90.20% of the companies in the same industry.
- In the last couple of years the Profit Margin of 1JNJ has grown nicely.
- 1JNJ has a better Operating Margin (27.78%) than 70.59% of its industry peers.
- In the last couple of years the Operating Margin of 1JNJ has grown nicely.
- 1JNJ has a Gross Margin of 67.92%. This is comparable to the rest of the industry: 1JNJ outperforms 47.06% of its industry peers.
- In the last couple of years the Gross Margin of 1JNJ has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.78% | ||
| PM (TTM) | 28.46% | ||
| GM | 67.92% |
OM growth 3Y6.15%
OM growth 5Y6.99%
PM growth 3Y8.26%
PM growth 5Y9.82%
GM growth 3Y-0.67%
GM growth 5Y0.65%
2. 1JNJ.MI Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1JNJ is still creating some value.
- Compared to 1 year ago, 1JNJ has about the same amount of shares outstanding.
- The number of shares outstanding for 1JNJ has been reduced compared to 5 years ago.
- The debt/assets ratio for 1JNJ is higher compared to a year ago.
2.2 Solvency
- 1JNJ has an Altman-Z score of 5.12. This indicates that 1JNJ is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 5.12, 1JNJ is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
- 1JNJ has a debt to FCF ratio of 2.43. This is a good value and a sign of high solvency as 1JNJ would need 2.43 years to pay back of all of its debts.
- 1JNJ has a Debt to FCF ratio of 2.43. This is in the better half of the industry: 1JNJ outperforms 72.55% of its industry peers.
- 1JNJ has a Debt/Equity ratio of 0.56. This is a neutral value indicating 1JNJ is somewhat dependend on debt financing.
- 1JNJ has a Debt to Equity ratio of 0.56. This is comparable to the rest of the industry: 1JNJ outperforms 52.94% of its industry peers.
- Although 1JNJ's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 2.43 | ||
| Altman-Z | 5.12 |
ROIC/WACC1.52
WACC9.43%
2.3 Liquidity
- 1JNJ has a Current Ratio of 1.03. This is a normal value and indicates that 1JNJ is financially healthy and should not expect problems in meeting its short term obligations.
- 1JNJ has a Current ratio of 1.03. This is in the lower half of the industry: 1JNJ underperforms 72.55% of its industry peers.
- A Quick Ratio of 0.77 indicates that 1JNJ may have some problems paying its short term obligations.
- 1JNJ's Quick ratio of 0.77 is on the low side compared to the rest of the industry. 1JNJ is outperformed by 74.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.77 |
3. 1JNJ.MI Growth Analysis
3.1 Past
- 1JNJ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.11%, which is quite good.
- 1JNJ shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.11% yearly.
- Looking at the last year, 1JNJ shows a small growth in Revenue. The Revenue has grown by 6.05% in the last year.
- The Revenue has been growing slightly by 2.67% on average over the past years.
EPS 1Y (TTM)8.11%
EPS 3Y2.06%
EPS 5Y6.11%
EPS Q2Q%20.59%
Revenue 1Y (TTM)6.05%
Revenue growth 3Y5.6%
Revenue growth 5Y2.67%
Sales Q2Q%9.08%
3.2 Future
- Based on estimates for the next years, 1JNJ will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.75% on average per year.
- 1JNJ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.02% yearly.
EPS Next Y7.85%
EPS Next 2Y8.27%
EPS Next 3Y8.5%
EPS Next 5Y8.75%
Revenue Next Year7.24%
Revenue Next 2Y6.55%
Revenue Next 3Y6.35%
Revenue Next 5Y6.02%
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. 1JNJ.MI Valuation Analysis
4.1 Price/Earnings Ratio
- 1JNJ is valuated rather expensively with a Price/Earnings ratio of 22.77.
- Compared to the rest of the industry, the Price/Earnings ratio of 1JNJ is on the same level as its industry peers.
- Compared to an average S&P500 Price/Earnings ratio of 26.21, 1JNJ is valued at the same level.
- A Price/Forward Earnings ratio of 21.10 indicates a rather expensive valuation of 1JNJ.
- 1JNJ's Price/Forward Earnings ratio is in line with the industry average.
- 1JNJ's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.77 | ||
| Fwd PE | 21.1 |
4.2 Price Multiples
- 1JNJ'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 1JNJ indicates a slightly more expensive valuation: 1JNJ is more expensive than 60.78% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.05 | ||
| EV/EBITDA | 17.9 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1JNJ does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of 1JNJ may justify a higher PE ratio.
PEG (NY)2.9
PEG (5Y)3.73
EPS Next 2Y8.27%
EPS Next 3Y8.5%
5. 1JNJ.MI Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 2.16%, 1JNJ has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.94, 1JNJ pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, 1JNJ has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.16% |
5.2 History
- On average, the dividend of 1JNJ grows each year by 7.68%, which is quite nice.
Dividend Growth(5Y)7.68%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 1JNJ pays out 46.19% of its income as dividend. This is a bit on the high side, but may be sustainable.
- 1JNJ's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP46.19%
EPS Next 2Y8.27%
EPS Next 3Y8.5%
1JNJ.MI Fundamentals: All Metrics, Ratios and Statistics
BIT:1JNJ (4/2/2026, 7:00:00 PM)
212.65
+4.2 (+2.01%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Earnings (Last)01-21 2026-01-21/bmo
Earnings (Next)04-14 2026-04-14
Inst Owners75.62%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap512.19B
Revenue(TTM)94.19B
Net Income(TTM)26.80B
Analysts76.25
Price Target197.11 (-7.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.16% |
Yearly Dividend4.46
Dividend Growth(5Y)7.68%
DP46.19%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.21%
Min EPS beat(2)-0.13%
Max EPS beat(2)0.55%
EPS beat(4)3
Avg EPS beat(4)2.17%
Min EPS beat(4)-0.13%
Max EPS beat(4)5.96%
EPS beat(8)7
Avg EPS beat(8)2.84%
EPS beat(12)10
Avg EPS beat(12)3.23%
EPS beat(16)14
Avg EPS beat(16)3.09%
Revenue beat(2)2
Avg Revenue beat(2)0.35%
Min Revenue beat(2)0.03%
Max Revenue beat(2)0.67%
Revenue beat(4)4
Avg Revenue beat(4)1.04%
Min Revenue beat(4)0.03%
Max Revenue beat(4)2.92%
Revenue beat(8)5
Avg Revenue beat(8)0.32%
Revenue beat(12)8
Avg Revenue beat(12)-0.5%
Revenue beat(16)8
Avg Revenue beat(16)-4.44%
PT rev (1m)0%
PT rev (3m)7.31%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)-3.08%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-0.08%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)1.89%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)1.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.77 | ||
| Fwd PE | 21.1 | ||
| P/S | 6.28 | ||
| P/FCF | 30.05 | ||
| P/OCF | 24.13 | ||
| P/B | 7.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.9 |
EPS(TTM)9.34
EY4.39%
EPS(NY)10.08
Fwd EY4.74%
FCF(TTM)7.08
FCFY3.33%
OCF(TTM)8.81
OCFY4.14%
SpS33.84
BVpS29.29
TBVpS-6.33
PEG (NY)2.9
PEG (5Y)3.73
Graham Number78.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.46% | ||
| ROE | 32.87% | ||
| ROCE | 18.03% | ||
| ROIC | 14.37% | ||
| ROICexc | 16.57% | ||
| ROICexgc | 67.45% | ||
| OM | 27.78% | ||
| PM (TTM) | 28.46% | ||
| GM | 67.92% | ||
| FCFM | 20.91% |
ROA(3y)14.08%
ROA(5y)12.66%
ROE(3y)34.55%
ROE(5y)31.04%
ROIC(3y)16.34%
ROIC(5y)15%
ROICexc(3y)19.6%
ROICexc(5y)18.23%
ROICexgc(3y)74.51%
ROICexgc(5y)73.44%
ROCE(3y)20.24%
ROCE(5y)18.7%
ROICexgc growth 3Y3.9%
ROICexgc growth 5Y-2.01%
ROICexc growth 3Y8.52%
ROICexc growth 5Y5.62%
OM growth 3Y6.15%
OM growth 5Y6.99%
PM growth 3Y8.26%
PM growth 5Y9.82%
GM growth 3Y-0.67%
GM growth 5Y0.65%
F-Score4
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 2.43 | ||
| Debt/EBITDA | 1.36 | ||
| Cap/Depr | 64.4% | ||
| Cap/Sales | 5.13% | ||
| Interest Coverage | 6.81 | ||
| Cash Conversion | 72.86% | ||
| Profit Quality | 73.49% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 5.12 |
F-Score4
WACC9.43%
ROIC/WACC1.52
Cap/Depr(3y)61.79%
Cap/Depr(5y)58.46%
Cap/Sales(3y)5.15%
Cap/Sales(5y)5.02%
Profit Quality(3y)88.82%
Profit Quality(5y)91.38%
High Growth Momentum
Growth
EPS 1Y (TTM)8.11%
EPS 3Y2.06%
EPS 5Y6.11%
EPS Q2Q%20.59%
EPS Next Y7.85%
EPS Next 2Y8.27%
EPS Next 3Y8.5%
EPS Next 5Y8.75%
Revenue 1Y (TTM)6.05%
Revenue growth 3Y5.6%
Revenue growth 5Y2.67%
Sales Q2Q%9.08%
Revenue Next Year7.24%
Revenue Next 2Y6.55%
Revenue Next 3Y6.35%
Revenue Next 5Y6.02%
EBIT growth 1Y12.82%
EBIT growth 3Y12.1%
EBIT growth 5Y9.84%
EBIT Next Year23.18%
EBIT Next 3Y11.51%
EBIT Next 5Y8.55%
FCF growth 1Y-0.73%
FCF growth 3Y4.65%
FCF growth 5Y-0.49%
OCF growth 1Y1.09%
OCF growth 3Y4.99%
OCF growth 5Y0.83%
JOHNSON & JOHNSON / 1JNJ.MI Fundamental Analysis FAQ
What is the fundamental rating for 1JNJ stock?
ChartMill assigns a fundamental rating of 5 / 10 to 1JNJ.MI.
What is the valuation status for 1JNJ stock?
ChartMill assigns a valuation rating of 2 / 10 to JOHNSON & JOHNSON (1JNJ.MI). This can be considered as Overvalued.
How profitable is JOHNSON & JOHNSON (1JNJ.MI) stock?
JOHNSON & JOHNSON (1JNJ.MI) has a profitability rating of 7 / 10.
What is the expected EPS growth for JOHNSON & JOHNSON (1JNJ.MI) stock?
The Earnings per Share (EPS) of JOHNSON & JOHNSON (1JNJ.MI) is expected to grow by 7.85% in the next year.
How sustainable is the dividend of JOHNSON & JOHNSON (1JNJ.MI) stock?
The dividend rating of JOHNSON & JOHNSON (1JNJ.MI) is 5 / 10 and the dividend payout ratio is 46.19%.