JOHNSON & JOHNSON (1JNJ.MI) Fundamental Analysis & Valuation
BIT:1JNJ • US4781601046
Current stock price
192.24 EUR
-9.46 (-4.69%)
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.
- 1JNJ had positive earnings in each of the past 5 years.
- 1JNJ had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 13.46%, 1JNJ belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
- 1JNJ's Return On Equity of 32.87% is amongst the best of the industry. 1JNJ outperforms 82.35% of its industry peers.
- With a decent Return On Invested Capital value of 15.05%, 1JNJ is doing good in the industry, outperforming 76.47% of the companies in the same industry.
- 1JNJ had an Average Return On Invested Capital over the past 3 years of 15.58%. This is in line with the industry average of 14.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.46% | ||
| ROE | 32.87% | ||
| ROIC | 15.05% |
ROA(3y)14.08%
ROA(5y)12.66%
ROE(3y)34.55%
ROE(5y)31.04%
ROIC(3y)15.58%
ROIC(5y)14.64%
1.3 Margins
- 1JNJ's Profit Margin of 28.46% is amongst the best of the industry. 1JNJ outperforms 92.16% of its industry peers.
- 1JNJ's Profit Margin has improved in the last couple of years.
- The Operating Margin of 1JNJ (28.55%) is better than 76.47% of its industry peers.
- In the last couple of years the Operating Margin of 1JNJ has grown nicely.
- 1JNJ has a Gross Margin of 67.98%. This is comparable to the rest of the industry: 1JNJ outperforms 45.10% 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 | 28.55% | ||
| PM (TTM) | 28.46% | ||
| GM | 67.98% |
OM growth 3Y-0.34%
OM growth 5Y3.01%
PM growth 3Y8.26%
PM growth 5Y9.82%
GM growth 3Y-0.62%
GM growth 5Y0.68%
2. 1JNJ.MI Health Analysis
2.1 Basic Checks
- 1JNJ has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, 1JNJ has about the same amount of shares outstanding.
- 1JNJ has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, 1JNJ has a worse debt to assets ratio.
2.2 Solvency
- 1JNJ has an Altman-Z score of 5.01. This indicates that 1JNJ is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of 1JNJ (5.01) is better than 74.51% of its industry peers.
- The Debt to FCF ratio of 1JNJ is 2.43, which is a good value as it means it would take 1JNJ, 2.43 years of fcf income to pay off all of its debts.
- 1JNJ has a better Debt to FCF ratio (2.43) than 72.55% of its industry peers.
- A Debt/Equity ratio of 0.56 indicates that 1JNJ is somewhat dependend on debt financing.
- 1JNJ has a Debt to Equity ratio (0.56) which is in line with 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 | 5.01 |
ROIC/WACC1.54
WACC9.74%
2.3 Liquidity
- A Current Ratio of 1.03 indicates that 1JNJ should not have too much problems paying its short term obligations.
- 1JNJ's Current ratio of 1.03 is on the low side compared to the rest of the industry. 1JNJ is outperformed by 66.67% of its industry peers.
- A Quick Ratio of 0.77 indicates that 1JNJ may have some problems paying its short term obligations.
- 1JNJ has a Quick ratio of 0.77. This is in the lower half of the industry: 1JNJ underperforms 72.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.77 |
3. 1JNJ.MI Growth Analysis
3.1 Past
- The Earnings Per Share has been growing slightly by 6.77% over the past year.
- Measured over the past 5 years, 1JNJ shows a small growth in Earnings Per Share. The EPS has been growing by 6.11% on average per year.
- The Revenue has been growing slightly by 7.87% in the past year.
- The Revenue has been growing slightly by 2.67% on average over the past years.
EPS 1Y (TTM)6.77%
EPS 3Y2.06%
EPS 5Y6.11%
EPS Q2Q%-2.53%
Revenue 1Y (TTM)7.87%
Revenue growth 3Y5.6%
Revenue growth 5Y2.67%
Sales Q2Q%9.91%
3.2 Future
- 1JNJ is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.75% yearly.
- 1JNJ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.80% yearly.
EPS Next Y7.91%
EPS Next 2Y8.38%
EPS Next 3Y8.73%
EPS Next 5Y9.75%
Revenue Next Year7.43%
Revenue Next 2Y6.86%
Revenue Next 3Y6.73%
Revenue Next 5Y6.8%
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
- With a Price/Earnings ratio of 20.99, 1JNJ is valued on the expensive side.
- Compared to the rest of the industry, the Price/Earnings ratio of 1JNJ is on the same level as its industry peers.
- 1JNJ is valuated rather cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 17.75, the valuation of 1JNJ can be described as rather expensive.
- The rest of the industry has a similar Price/Forward Earnings ratio as 1JNJ.
- Compared to an average S&P500 Price/Forward Earnings ratio of 21.99, 1JNJ is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.99 | ||
| Fwd PE | 17.75 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1JNJ is on the same level as its industry peers.
- 1JNJ's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. 1JNJ is more expensive than 60.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.53 | ||
| EV/EBITDA | 16.84 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of 1JNJ may justify a higher PE ratio.
PEG (NY)2.65
PEG (5Y)3.44
EPS Next 2Y8.38%
EPS Next 3Y8.73%
5. 1JNJ.MI Dividend Analysis
5.1 Amount
- 1JNJ has a Yearly Dividend Yield of 2.32%.
- 1JNJ's Dividend Yield is a higher than the industry average which is at 1.96.
- 1JNJ's Dividend Yield is a higher than the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
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
- 46.19% of the earnings are spent on dividend by 1JNJ. This is a bit on the high side, but may be sustainable.
- 1JNJ's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP46.19%
EPS Next 2Y8.38%
EPS Next 3Y8.73%
1JNJ.MI Fundamentals: All Metrics, Ratios and Statistics
BIT:1JNJ (4/27/2026, 7:00:00 PM)
192.24
-9.46 (-4.69%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Earnings (Last)04-14 2026-04-14/bmo
Earnings (Next)07-14 2026-07-14
Inst Owners75.61%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap463.03B
Revenue(TTM)96.36B
Net Income(TTM)26.80B
Analysts76.25
Price Target209.41 (8.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
Yearly Dividend4.39
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)6.24%
PT rev (3m)15.18%
EPS NQ rev (1m)-0.22%
EPS NQ rev (3m)-2.64%
EPS NY rev (1m)0.06%
EPS NY rev (3m)0.82%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)1.27%
Revenue NY rev (1m)0.22%
Revenue NY rev (3m)1.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.99 | ||
| Fwd PE | 17.75 | ||
| P/S | 5.76 | ||
| P/FCF | 27.53 | ||
| P/OCF | 22.11 | ||
| P/B | 6.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.84 |
EPS(TTM)9.16
EY4.76%
EPS(NY)10.83
Fwd EY5.63%
FCF(TTM)6.98
FCFY3.63%
OCF(TTM)8.7
OCFY4.52%
SpS33.39
BVpS28.91
TBVpS-6.25
PEG (NY)2.65
PEG (5Y)3.44
Graham Number77.1856 (-59.85%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.46% | ||
| ROE | 32.87% | ||
| ROCE | 18.53% | ||
| ROIC | 15.05% | ||
| ROICexc | 17.35% | ||
| ROICexgc | 70.6% | ||
| OM | 28.55% | ||
| PM (TTM) | 28.46% | ||
| GM | 67.98% | ||
| FCFM | 20.91% |
ROA(3y)14.08%
ROA(5y)12.66%
ROE(3y)34.55%
ROE(5y)31.04%
ROIC(3y)15.58%
ROIC(5y)14.64%
ROICexc(3y)18.74%
ROICexc(5y)17.83%
ROICexgc(3y)70.93%
ROICexgc(5y)71.82%
ROCE(3y)18.94%
ROCE(5y)17.92%
ROICexgc growth 3Y-2.46%
ROICexgc growth 5Y-5.65%
ROICexc growth 3Y1.88%
ROICexc growth 5Y1.69%
OM growth 3Y-0.34%
OM growth 5Y3.01%
PM growth 3Y8.26%
PM growth 5Y9.82%
GM growth 3Y-0.62%
GM growth 5Y0.68%
F-Score4
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 2.43 | ||
| Debt/EBITDA | 1.34 | ||
| Cap/Depr | 64.4% | ||
| Cap/Sales | 5.13% | ||
| Interest Coverage | 7 | ||
| Cash Conversion | 71.32% | ||
| Profit Quality | 73.49% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 5.01 |
F-Score4
WACC9.74%
ROIC/WACC1.54
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)6.77%
EPS 3Y2.06%
EPS 5Y6.11%
EPS Q2Q%-2.53%
EPS Next Y7.91%
EPS Next 2Y8.38%
EPS Next 3Y8.73%
EPS Next 5Y9.75%
Revenue 1Y (TTM)7.87%
Revenue growth 3Y5.6%
Revenue growth 5Y2.67%
Sales Q2Q%9.91%
Revenue Next Year7.43%
Revenue Next 2Y6.86%
Revenue Next 3Y6.73%
Revenue Next 5Y6.8%
EBIT growth 1Y15.95%
EBIT growth 3Y5.24%
EBIT growth 5Y5.76%
EBIT Next Year23.27%
EBIT Next 3Y11.78%
EBIT Next 5Y9.67%
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 7.91% in the next year.
How sustainable is the dividend of JOHNSON & JOHNSON (1JNJ.MI) stock?
The dividend rating of JOHNSON & JOHNSON (1JNJ.MI) is 6 / 10 and the dividend payout ratio is 46.19%.