JABIL INC (JBL) Stock Fundamental Analysis
NYSE:JBL - New York Stock Exchange, Inc. - 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 has a great profitability rating, there are some minor concerns on its financial health. JBL has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year JBL was profitable.
In the past year JBL had a positive cash flow from operations.
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 has a Return On Assets of 7.28%. This is amongst the best in the industry. JBL outperforms 83.33% of its industry peers.
JBL has a Return On Equity of 81.23%. This is amongst the best in the industry. JBL outperforms 100.00% of its industry peers.
With an excellent Return On Invested Capital value of 17.17%, JBL belongs to the best of the industry, outperforming 95.00% 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 9.03%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.28% | ||
| ROE | 81.23% | ||
| ROIC | 17.17% |
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
JBL has a Profit Margin of 4.71%. This is in the better half of the industry: JBL outperforms 68.33% of its industry peers.
In the last couple of years the Profit Margin of JBL has grown nicely.
JBL has a better Operating Margin (4.63%) than 63.33% of its industry peers.
JBL's Operating Margin has improved in the last couple of years.
The Gross Margin of JBL (9.12%) is worse than 81.67% of its industry peers.
JBL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.63% | ||
| PM (TTM) | 4.71% | ||
| GM | 9.12% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), JBL is creating some 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.
The debt/assets ratio for JBL is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.99 indicates that JBL is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.99, JBL is in line with its industry, outperforming 45.83% of the companies in the same industry.
The Debt to FCF ratio of JBL is 2.92, which is a good value as it means it would take JBL, 2.92 years of fcf income to pay off all of its debts.
JBL has a Debt to FCF ratio of 2.92. This is in the better half of the industry: JBL outperforms 69.17% of its industry peers.
JBL has a Debt/Equity ratio of 1.81. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.81, JBL is doing worse than 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.81 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | 2.99 |
ROIC/WACC1.69
WACC10.18%
2.3 Liquidity
A Current Ratio of 1.06 indicates that JBL should not have too much problems paying its short term obligations.
JBL has a worse Current ratio (1.06) than 93.33% of its industry peers.
A Quick Ratio of 0.72 indicates that JBL may have some problems paying its short term obligations.
JBL has a Quick ratio of 0.72. This is amonst the worse of the industry: JBL underperforms 89.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The earnings per share for JBL have decreased strongly by -11.77% in the last year.
JBL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.15% yearly.
Looking at the last year, JBL shows a very negative growth in Revenue. The Revenue has decreased by -17.83% in the last year.
The Revenue has been growing slightly by 2.70% on average over the past years.
EPS 1Y (TTM)-11.77%
EPS 3Y14.72%
EPS 5Y23.15%
EPS Q2Q%-23.08%
Revenue 1Y (TTM)-17.83%
Revenue growth 3Y-0.46%
Revenue growth 5Y2.7%
Sales Q2Q%-16.61%
3.2 Future
The Earnings Per Share is expected to grow by 9.55% on average over the next years. This is quite good.
Based on estimates for the next years, JBL will show a small growth in Revenue. The Revenue will grow by 1.74% on average per year.
EPS Next Y3.58%
EPS Next 2Y9.23%
EPS Next 3Y9.55%
EPS Next 5YN/A
Revenue Next Year-4.21%
Revenue Next 2Y0.32%
Revenue Next 3Y1.74%
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
Based on the Price/Earnings ratio of 21.29, the valuation of JBL can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of JBL indicates a somewhat cheap valuation: JBL is cheaper than 74.17% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.29, JBL is valued a bit cheaper.
A Price/Forward Earnings ratio of 16.58 indicates a correct valuation of JBL.
80.83% of the companies in the same industry are more expensive than JBL, based on the Price/Forward Earnings ratio.
JBL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.29 | ||
| Fwd PE | 16.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JBL is valued cheaper than 85.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JBL indicates a somewhat cheap valuation: JBL is cheaper than 77.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.96 | ||
| EV/EBITDA | 10.05 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
JBL has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)5.94
PEG (5Y)0.92
EPS Next 2Y9.23%
EPS Next 3Y9.55%
5. Dividend
5.1 Amount
JBL has a yearly dividend return of 0.20%, which is pretty low.
JBL's Dividend Yield is a higher than the industry average which is at 1.87.
With a Dividend Yield of 0.20, JBL pays less dividend than the S&P500 average, which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.2% |
5.2 History
The dividend of JBL has a limited annual growth rate of 1.03%.
JBL has paid a dividend for at least 10 years, which is a reliable track record.
JBL has decreased its dividend recently.
Dividend Growth(5Y)1.03%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
3.09% of the earnings are spent on dividend by JBL. This is a low number and sustainable payout ratio.
The dividend of JBL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP3.09%
EPS Next 2Y9.23%
EPS Next 3Y9.55%
JABIL INC
NYSE:JBL (1/21/2025, 8:09:02 PM)
After market: 168 +0.42 (+0.25%)167.58
+4.68 (+2.87%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners97.96%
Inst Owner Change0.01%
Ins Owners1.85%
Ins Owner Change2.01%
Market Cap18.72B
Analysts81.33
Price Target163.32 (-2.54%)
Short Float %2.2%
Short Ratio1.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.2% |
Yearly Dividend0.34
Dividend Growth(5Y)1.03%
DP3.09%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.02%
Min EPS beat(2)2.58%
Max EPS beat(2)5.47%
EPS beat(4)4
Avg EPS beat(4)2.39%
Min EPS beat(4)0.41%
Max EPS beat(4)5.47%
EPS beat(8)7
Avg EPS beat(8)2.5%
EPS beat(12)11
Avg EPS beat(12)4.05%
EPS beat(16)15
Avg EPS beat(16)7.11%
Revenue beat(2)2
Avg Revenue beat(2)4.74%
Min Revenue beat(2)4.69%
Max Revenue beat(2)4.79%
Revenue beat(4)3
Avg Revenue beat(4)2.34%
Min Revenue beat(4)-2.77%
Max Revenue beat(4)4.79%
Revenue beat(8)4
Avg Revenue beat(8)1.1%
Revenue beat(12)8
Avg Revenue beat(12)1.58%
Revenue beat(16)11
Avg Revenue beat(16)1.42%
PT rev (1m)10.42%
PT rev (3m)19.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-23.79%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-11%
Revenue NY rev (1m)1.06%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.29 | ||
| Fwd PE | 16.58 | ||
| P/S | 0.68 | ||
| P/FCF | 18.96 | ||
| P/OCF | 11.85 | ||
| P/B | 11.75 | ||
| P/tB | 24.79 | ||
| EV/EBITDA | 10.05 |
EPS(TTM)7.87
EY4.7%
EPS(NY)10.11
Fwd EY6.03%
FCF(TTM)8.84
FCFY5.27%
OCF(TTM)14.15
OCFY8.44%
SpS246.13
BVpS14.26
TBVpS6.76
PEG (NY)5.94
PEG (5Y)0.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.28% | ||
| ROE | 81.23% | ||
| ROCE | 23.83% | ||
| ROIC | 17.17% | ||
| ROICexc | 27.95% | ||
| ROICexgc | 37.54% | ||
| OM | 4.63% | ||
| PM (TTM) | 4.71% | ||
| GM | 9.12% | ||
| FCFM | 3.59% |
ROA(3y)5.75%
ROA(5y)4.36%
ROE(3y)49.7%
ROE(5y)36.93%
ROIC(3y)17.51%
ROIC(5y)15.41%
ROICexc(3y)25.48%
ROICexc(5y)21.92%
ROICexgc(3y)31.86%
ROICexgc(5y)27.58%
ROCE(3y)24.31%
ROCE(5y)21.38%
ROICexcg growth 3Y20.02%
ROICexcg growth 5Y13.03%
ROICexc growth 3Y18.23%
ROICexc growth 5Y13.93%
OM growth 3Y8.62%
OM growth 5Y11.56%
PM growth 3Y26.45%
PM growth 5Y33.46%
GM growth 3Y3.73%
GM growth 5Y4.13%
F-Score6
Asset Turnover1.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.81 | ||
| Debt/FCF | 2.92 | ||
| Debt/EBITDA | 1.48 | ||
| Cap/Depr | 88.24% | ||
| Cap/Sales | 2.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 81.28% | ||
| Profit Quality | 76.28% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 2.99 |
F-Score6
WACC10.18%
ROIC/WACC1.69
Cap/Depr(3y)124.62%
Cap/Depr(5y)125.97%
Cap/Sales(3y)3.27%
Cap/Sales(5y)3.48%
Profit Quality(3y)59.97%
Profit Quality(5y)145.45%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.77%
EPS 3Y14.72%
EPS 5Y23.15%
EPS Q2Q%-23.08%
EPS Next Y3.58%
EPS Next 2Y9.23%
EPS Next 3Y9.55%
EPS Next 5YN/A
Revenue 1Y (TTM)-17.83%
Revenue growth 3Y-0.46%
Revenue growth 5Y2.7%
Sales Q2Q%-16.61%
Revenue Next Year-4.21%
Revenue Next 2Y0.32%
Revenue Next 3Y1.74%
Revenue Next 5YN/A
EBIT growth 1Y-22.06%
EBIT growth 3Y8.12%
EBIT growth 5Y14.57%
EBIT Next Year35.74%
EBIT Next 3Y15.52%
EBIT Next 5YN/A
FCF growth 1Y121.8%
FCF growth 3Y50.39%
FCF growth 5Y37.8%
OCF growth 1Y-15.19%
OCF growth 3Y6.19%
OCF growth 5Y7.54%