JABIL INC (JBL)
US4663131039 - Common Stock
Taking everything into account, JBL scores 5 out of 10 in our fundamental rating. JBL was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. While JBL belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. JBL is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year JBL was profitable.
JBL had a positive operating cash flow in the past year.
Each year in the past 5 years JBL has been profitable.
In the past 5 years JBL always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.00%, JBL belongs to the top of the industry, outperforming 86.99% of the companies in the same industry.
JBL has a Return On Equity of 79.91%. This is amongst the best in the industry. JBL outperforms 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 18.59%, JBL belongs to the top of the industry, outperforming 96.75% of the companies in the same industry.
JBL had an Average Return On Invested Capital over the past 3 years of 17.51%. This is significantly above the industry average of 8.72%.
The last Return On Invested Capital (18.59%) for JBL is above the 3 year average (17.51%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 79.91% | ||
| ROIC | 18.59% |
ROA(3y)5.75%
ROA(5y)4.36%
ROE(3y)49.7%
ROE(5y)36.93%
ROIC(3y)17.51%
ROIC(5y)15.41%
1.3 Margins
The Profit Margin of JBL (4.81%) is better than 71.54% of its industry peers.
JBL's Profit Margin has improved in the last couple of years.
JBL has a Operating Margin of 4.98%. This is in the better half of the industry: JBL outperforms 65.04% of its industry peers.
In the last couple of years the Operating Margin of JBL has grown nicely.
JBL's Gross Margin of 9.26% is on the low side compared to the rest of the industry. JBL is outperformed by 80.49% of its industry peers.
JBL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.98% | ||
| PM (TTM) | 4.81% | ||
| GM | 9.26% |
OM growth 3Y8.62%
OM growth 5Y11.56%
PM growth 3Y26.45%
PM growth 5Y33.46%
GM growth 3Y3.73%
GM growth 5Y4.13%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so JBL is creating value.
Compared to 1 year ago, JBL has less shares outstanding
The number of shares outstanding for JBL has been reduced compared to 5 years ago.
Compared to 1 year ago, JBL has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.06 indicates that JBL is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.06, JBL perfoms like the industry average, outperforming 52.03% of the companies in the same industry.
The Debt to FCF ratio of JBL is 3.09, which is a good value as it means it would take JBL, 3.09 years of fcf income to pay off all of its debts.
JBL has a better Debt to FCF ratio (3.09) than 68.29% of its industry peers.
JBL has a Debt/Equity ratio of 1.66. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.66, JBL is doing worse than 92.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.66 | ||
| Debt/FCF | 3.09 | ||
| Altman-Z | 3.06 |
ROIC/WACC1.95
WACC9.55%
2.3 Liquidity
JBL has a Current Ratio of 1.09. This is a normal value and indicates that JBL is financially healthy and should not expect problems in meeting its short term obligations.
JBL's Current ratio of 1.09 is on the low side compared to the rest of the industry. JBL is outperformed by 90.24% of its industry peers.
A Quick Ratio of 0.72 indicates that JBL may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.72, JBL is doing worse than 89.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
JBL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.85%.
The Earnings Per Share has been growing by 23.15% on average over the past years. This is a very strong growth
The Revenue for JBL has decreased by -16.77% in the past year. This is quite bad
JBL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.70% yearly.
EPS 1Y (TTM)-1.85%
EPS 3Y14.72%
EPS 5Y23.15%
EPS Q2Q%-6.12%
Revenue 1Y (TTM)-16.77%
Revenue growth 3Y-0.46%
Revenue growth 5Y2.7%
Sales Q2Q%-17.66%
3.2 Future
JBL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.55% yearly.
The Revenue is expected to grow by 1.21% on average over the next years.
EPS Next Y3.58%
EPS Next 2Y9.23%
EPS Next 3Y9.55%
EPS Next 5YN/A
Revenue Next Year-5.22%
Revenue Next 2Y0.05%
Revenue Next 3Y1.21%
Revenue Next 5YN/A
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 decreasing.
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
With a Price/Earnings ratio of 15.69, JBL is valued correctly.
86.99% of the companies in the same industry are more expensive than JBL, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of JBL to the average of the S&P500 Index (29.20), we can say JBL is valued slightly cheaper.
With a Price/Forward Earnings ratio of 15.15, JBL is valued correctly.
JBL's Price/Forward Earnings ratio is rather cheap when compared to the industry. JBL is cheaper than 82.93% of the companies in the same industry.
JBL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.84, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.69 | ||
| Fwd PE | 15.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JBL is valued cheaper than 90.24% of the companies in the same industry.
81.30% of the companies in the same industry are more expensive than JBL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.09 | ||
| EV/EBITDA | 7.49 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates JBL does not grow enough to justify the current Price/Earnings ratio.
JBL has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.38
PEG (5Y)0.68
EPS Next 2Y9.23%
EPS Next 3Y9.55%
5. Dividend
5.1 Amount
JBL has a yearly dividend return of 0.23%, which is pretty low.
JBL's Dividend Yield is a higher than the industry average which is at 1.87.
Compared to an average S&P500 Dividend Yield of 2.21, JBL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.23% |
5.2 History
The dividend of JBL has a limited annual growth rate of 1.06%.
JBL has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.06%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
3.03% of the earnings are spent on dividend by JBL. This is a low number and sustainable payout ratio.
JBL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP3.03%
EPS Next 2Y9.23%
EPS Next 3Y9.55%
JABIL INC
NYSE:JBL (11/12/2024, 4:02:00 PM)
After market: 132.91 0 (0%)132.91
-2.61 (-1.93%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap15.00B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.23% |
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 | 15.69 | ||
| Fwd PE | 15.15 | ||
| 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)4.38
PEG (5Y)0.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 79.91% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.98% | ||
| PM (TTM) | 4.81% | ||
| GM | 9.26% | ||
| 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 Turnover1.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.66 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.72 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)-1.85%
EPS 3Y14.72%
EPS 5Y
EPS Q2Q%
EPS Next Y3.58%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-16.77%
Revenue growth 3Y-0.46%
Revenue growth 5Y
Sales 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