JABIL INC (JBL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:JBL - US4663131039 - Common Stock
228.02 USD
-3.55 (-1.53%)
228.02 USD
0 (0%)
JBL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While JBL has a great profitability rating, there are some minor concerns on its financial health. JBL is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make JBL suitable for growth investing!
1. Profitability
1.1 Basic Checks
JBL had positive earnings in the past year.
JBL had a positive operating cash flow in the past year.
JBL had positive earnings in each of the past 5 years.
In the past 5 years JBL always reported a positive cash flow from operatings.
1.2 Ratios
JBL's Return On Assets of 3.65% is fine compared to the rest of the industry. JBL outperforms 65.32% of its industry peers.
JBL has a Return On Equity of 52.31%. This is amongst the best in the industry. JBL outperforms 99.19% of its industry peers.
JBL's Return On Invested Capital of 24.71% is amongst the best of the industry. JBL outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for JBL is significantly above the industry average of 9.30%.
The 3 year average ROIC (20.19%) for JBL is below the current ROIC(24.71%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.65% | ||
| ROE | 52.31% | ||
| ROIC | 24.71% |
ROA(3y)5.25%
ROA(5y)5%
ROE(3y)50.62%
ROE(5y)45.02%
ROIC(3y)20.19%
ROIC(5y)18.61%
1.3 Margins
JBL has a Profit Margin (2.26%) which is in line with its industry peers.
JBL's Profit Margin has improved in the last couple of years.
JBL has a better Operating Margin (4.91%) than 62.10% of its industry peers.
In the last couple of years the Operating Margin of JBL has grown nicely.
With a Gross Margin value of 8.94%, JBL is not doing good in the industry: 81.45% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of JBL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.91% | ||
| PM (TTM) | 2.26% | ||
| GM | 8.94% |
OM growth 3Y4.56%
OM growth 5Y10.48%
PM growth 3Y-9.51%
PM growth 5Y61.98%
GM growth 3Y4.14%
GM growth 5Y3.49%
2. Health
2.1 Basic Checks
JBL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for JBL has been reduced compared to 1 year ago.
Compared to 5 years ago, JBL has less shares outstanding
The debt/assets ratio for JBL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.15 indicates that JBL is not in any danger for bankruptcy at the moment.
JBL has a Altman-Z score (3.15) which is comparable to the rest of the industry.
The Debt to FCF ratio of JBL is 2.44, which is a good value as it means it would take JBL, 2.44 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.44, JBL is doing good in the industry, outperforming 73.39% of the companies in the same industry.
JBL has a Debt/Equity ratio of 1.78. This is a high value indicating a heavy dependency on external financing.
JBL has a Debt to Equity ratio of 1.78. This is amonst the worse of the industry: JBL underperforms 91.94% of its industry peers.
Even though the debt/equity ratio score it not favorable for JBL, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.78 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 3.15 |
ROIC/WACC2.78
WACC8.9%
2.3 Liquidity
A Current Ratio of 0.99 indicates that JBL may have some problems paying its short term obligations.
JBL has a Current ratio of 0.99. This is amonst the worse of the industry: JBL underperforms 91.13% of its industry peers.
JBL has a Quick Ratio of 0.99. This is a bad value and indicates that JBL is not financially healthy enough and could expect problems in meeting its short term obligations.
JBL has a Quick ratio of 0.67. This is amonst the worse of the industry: JBL underperforms 91.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 35.07% over the past year.
The Earnings Per Share has been growing by 27.52% on average over the past years. This is a very strong growth
The Revenue has grown by 13.18% in the past year. This is quite good.
Measured over the past years, JBL shows a small growth in Revenue. The Revenue has been growing by 1.79% on average per year.
EPS 1Y (TTM)35.07%
EPS 3Y8.49%
EPS 5Y27.52%
EPS Q2Q%42.5%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y-3.8%
Revenue growth 5Y1.79%
Sales Q2Q%18.74%
3.2 Future
The Earnings Per Share is expected to grow by 17.64% on average over the next years. This is quite good.
Based on estimates for the next years, JBL will show a quite strong growth in Revenue. The Revenue will grow by 8.65% on average per year.
EPS Next Y19.48%
EPS Next 2Y17.72%
EPS Next 3Y17.64%
EPS Next 5YN/A
Revenue Next Year11.03%
Revenue Next 2Y9.15%
Revenue Next 3Y8.65%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.45 indicates a rather expensive valuation of JBL.
Based on the Price/Earnings ratio, JBL is valued a bit cheaper than the industry average as 77.42% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.51. JBL is around the same levels.
The Price/Forward Earnings ratio is 16.82, which indicates a correct valuation of JBL.
Based on the Price/Forward Earnings ratio, JBL is valued a bit cheaper than the industry average as 79.03% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, JBL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.45 | ||
| Fwd PE | 16.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JBL is valued cheaper than 80.65% of the companies in the same industry.
JBL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. JBL is cheaper than 79.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.56 | ||
| EV/EBITDA | 11.23 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
JBL has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as JBL's earnings are expected to grow with 17.64% in the coming years.
PEG (NY)1.1
PEG (5Y)0.78
EPS Next 2Y17.72%
EPS Next 3Y17.64%
5. Dividend
5.1 Amount
With a yearly dividend of 0.14%, JBL is not a good candidate for dividend investing.
JBL's Dividend Yield is a higher than the industry average which is at 0.47.
With a Dividend Yield of 0.14, JBL pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
5.2 History
The dividend of JBL decreases each year by -0.41%.
JBL has been paying a dividend for at least 10 years, so it has a reliable track record.
JBL has decreased its dividend recently.
Dividend Growth(5Y)-0.41%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
5.12% of the earnings are spent on dividend by JBL. This is a low number and sustainable payout ratio.
DP5.12%
EPS Next 2Y17.72%
EPS Next 3Y17.64%
228.02
-3.55 (-1.53%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners98.41%
Inst Owner Change-0.24%
Ins Owners0.48%
Ins Owner Change-2.73%
Market Cap24.36B
Revenue(TTM)31.11B
Net Income(TTM)703.00M
Analysts83.75
Price Target260.97 (14.45%)
Short Float %3.83%
Short Ratio3.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
Yearly Dividend0.33
Dividend Growth(5Y)-0.41%
DP5.12%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.99%
Min EPS beat(2)4.52%
Max EPS beat(2)11.46%
EPS beat(4)4
Avg EPS beat(4)7.6%
Min EPS beat(4)4.52%
Max EPS beat(4)11.46%
EPS beat(8)8
Avg EPS beat(8)4.99%
EPS beat(12)11
Avg EPS beat(12)4.2%
EPS beat(16)15
Avg EPS beat(16)4.94%
Revenue beat(2)2
Avg Revenue beat(2)4.68%
Min Revenue beat(2)1.69%
Max Revenue beat(2)7.67%
Revenue beat(4)4
Avg Revenue beat(4)5.78%
Min Revenue beat(4)1.69%
Max Revenue beat(4)9.79%
Revenue beat(8)7
Avg Revenue beat(8)4.06%
Revenue beat(12)8
Avg Revenue beat(12)2.66%
Revenue beat(16)12
Avg Revenue beat(16)2.63%
PT rev (1m)3.05%
PT rev (3m)13.42%
EPS NQ rev (1m)4.83%
EPS NQ rev (3m)4.64%
EPS NY rev (1m)4.29%
EPS NY rev (3m)7.14%
Revenue NQ rev (1m)4.1%
Revenue NQ rev (3m)5.73%
Revenue NY rev (1m)2.72%
Revenue NY rev (3m)5.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.45 | ||
| Fwd PE | 16.82 | ||
| P/S | 0.78 | ||
| P/FCF | 20.56 | ||
| P/OCF | 14.76 | ||
| P/B | 18.13 | ||
| P/tB | 152.26 | ||
| EV/EBITDA | 11.23 |
EPS(TTM)10.63
EY4.66%
EPS(NY)13.55
Fwd EY5.94%
FCF(TTM)11.09
FCFY4.86%
OCF(TTM)15.45
OCFY6.78%
SpS291.21
BVpS12.58
TBVpS1.5
PEG (NY)1.1
PEG (5Y)0.78
Graham Number54.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.65% | ||
| ROE | 52.31% | ||
| ROCE | 32.32% | ||
| ROIC | 24.71% | ||
| ROICexc | 37.02% | ||
| ROICexgc | 59.25% | ||
| OM | 4.91% | ||
| PM (TTM) | 2.26% | ||
| GM | 8.94% | ||
| FCFM | 3.81% |
ROA(3y)5.25%
ROA(5y)5%
ROE(3y)50.62%
ROE(5y)45.02%
ROIC(3y)20.19%
ROIC(5y)18.61%
ROICexc(3y)31.76%
ROICexc(5y)27.76%
ROICexgc(3y)44.58%
ROICexgc(5y)37.57%
ROCE(3y)26.41%
ROCE(5y)24.34%
ROICexgc growth 3Y28.09%
ROICexgc growth 5Y25.12%
ROICexc growth 3Y16.87%
ROICexc growth 5Y19.63%
OM growth 3Y4.56%
OM growth 5Y10.48%
PM growth 3Y-9.51%
PM growth 5Y61.98%
GM growth 3Y4.14%
GM growth 5Y3.49%
F-Score6
Asset Turnover1.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.78 | ||
| Debt/FCF | 2.44 | ||
| Debt/EBITDA | 1.04 | ||
| Cap/Depr | 61.4% | ||
| Cap/Sales | 1.5% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 72.19% | ||
| Profit Quality | 168.56% | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 3.15 |
F-Score6
WACC8.9%
ROIC/WACC2.78
Cap/Depr(3y)97.85%
Cap/Depr(5y)115.12%
Cap/Sales(3y)2.42%
Cap/Sales(5y)3.07%
Profit Quality(3y)110.53%
Profit Quality(5y)79.53%
High Growth Momentum
Growth
EPS 1Y (TTM)35.07%
EPS 3Y8.49%
EPS 5Y27.52%
EPS Q2Q%42.5%
EPS Next Y19.48%
EPS Next 2Y17.72%
EPS Next 3Y17.64%
EPS Next 5YN/A
Revenue 1Y (TTM)13.18%
Revenue growth 3Y-3.8%
Revenue growth 5Y1.79%
Sales Q2Q%18.74%
Revenue Next Year11.03%
Revenue Next 2Y9.15%
Revenue Next 3Y8.65%
Revenue Next 5YN/A
EBIT growth 1Y20.13%
EBIT growth 3Y0.59%
EBIT growth 5Y12.46%
EBIT Next Year70.76%
EBIT Next 3Y26.3%
EBIT Next 5YN/A
FCF growth 1Y17.09%
FCF growth 3Y63.94%
FCF growth 5Y33.71%
OCF growth 1Y-18.11%
OCF growth 3Y-0.22%
OCF growth 5Y5.46%
JABIL INC / JBL FAQ
What is the fundamental rating for JBL stock?
ChartMill assigns a fundamental rating of 6 / 10 to JBL.
What is the valuation status of JABIL INC (JBL) stock?
ChartMill assigns a valuation rating of 6 / 10 to JABIL INC (JBL). This can be considered as Fairly Valued.
How profitable is JABIL INC (JBL) stock?
JABIL INC (JBL) has a profitability rating of 8 / 10.
Can you provide the financial health for JBL stock?
The financial health rating of JABIL INC (JBL) is 5 / 10.
What is the earnings growth outlook for JABIL INC?
The Earnings per Share (EPS) of JABIL INC (JBL) is expected to grow by 19.48% in the next year.