JABIL INC (JBL) Stock Fundamental Analysis
USA - NYSE:JBL - US4663131039 - Common Stock
198.88 USD
-1.58 (-0.79%)
198.88 USD
0 (0%)
JBL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. JBL scores excellent on profitability, but there are some minor concerns on its financial health. JBL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
JBL had positive earnings in the past year.
In the past year JBL had a positive cash flow from operations.
In the past 5 years JBL has always been profitable.
In the past 5 years JBL always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 3.54%, JBL is doing good in the industry, outperforming 64.23% of the companies in the same industry.
Looking at the Return On Equity, with a value of 43.42%, JBL belongs to the top of the industry, outperforming 98.37% of the companies in the same industry.
JBL's Return On Invested Capital of 22.74% is amongst the best of the industry. JBL outperforms 96.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for JBL is significantly above the industry average of 8.98%.
The 3 year average ROIC (20.19%) for JBL is below the current ROIC(22.74%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 43.42% | ||
| ROIC | 22.74% |
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
The Profit Margin of JBL (2.20%) is comparable to the rest of the industry.
JBL's Profit Margin has improved in the last couple of years.
JBL has a Operating Margin of 4.82%. This is in the better half of the industry: JBL outperforms 61.79% of its industry peers.
JBL's Operating Margin has improved in the last couple of years.
JBL has a Gross Margin of 8.88%. This is amonst the worse of the industry: JBL underperforms 83.74% of its industry peers.
In the last couple of years the Gross Margin of JBL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.82% | ||
| PM (TTM) | 2.2% | ||
| GM | 8.88% |
OM growth 3Y4.56%
OM growth 5Y10.49%
PM growth 3Y-9.51%
PM growth 5Y61.92%
GM growth 3Y4.14%
GM growth 5Y3.48%
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.
Compared to 1 year ago, JBL has less shares outstanding
Compared to 5 years ago, JBL has less shares outstanding
JBL has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.09 indicates that JBL is not in any danger for bankruptcy at the moment.
The Altman-Z score of JBL (3.09) is comparable to the rest of the industry.
JBL has a debt to FCF ratio of 2.46. This is a good value and a sign of high solvency as JBL would need 2.46 years to pay back of all of its debts.
JBL's Debt to FCF ratio of 2.46 is fine compared to the rest of the industry. JBL outperforms 73.17% of its industry peers.
A Debt/Equity ratio of 1.58 is on the high side and indicates that JBL has dependencies on debt financing.
JBL has a worse Debt to Equity ratio (1.58) than 92.68% of its industry peers.
Although JBL does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. 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 | 1.58 | ||
| Debt/FCF | 2.46 | ||
| Altman-Z | 3.09 |
ROIC/WACC2.53
WACC8.98%
2.3 Liquidity
A Current Ratio of 1.00 indicates that JBL should not have too much problems paying its short term obligations.
JBL has a worse Current ratio (1.00) than 91.87% of its industry peers.
A Quick Ratio of 0.66 indicates that JBL may have some problems paying its short term obligations.
JBL has a worse Quick ratio (0.66) than 92.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.47% 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
JBL shows a small growth in Revenue. In the last year, the Revenue has grown by 3.18%.
The Revenue has been growing slightly by 1.79% on average over the past years.
EPS 1Y (TTM)15.47%
EPS 3Y8.49%
EPS 5Y27.52%
EPS Q2Q%43.04%
Revenue 1Y (TTM)3.18%
Revenue growth 3Y-3.8%
Revenue growth 5Y1.79%
Sales Q2Q%18.5%
3.2 Future
Based on estimates for the next years, JBL will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.82% on average per year.
Based on estimates for the next years, JBL will show a small growth in Revenue. The Revenue will grow by 6.98% on average per year.
EPS Next Y14.56%
EPS Next 2Y14.89%
EPS Next 3Y14.82%
EPS Next 5YN/A
Revenue Next Year8.09%
Revenue Next 2Y6.86%
Revenue Next 3Y6.98%
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
JBL is valuated rather expensively with a Price/Earnings ratio of 20.34.
75.61% of the companies in the same industry are more expensive than JBL, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.51, JBL is valued a bit cheaper.
A Price/Forward Earnings ratio of 17.75 indicates a rather expensive valuation of JBL.
JBL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. JBL is cheaper than 73.17% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.98, JBL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.34 | ||
| Fwd PE | 17.75 |
4.2 Price Multiples
JBL's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. JBL is cheaper than 82.11% of the companies in the same industry.
JBL's Price/Free Cash Flow ratio is rather cheap when compared to the industry. JBL is cheaper than 82.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.13 | ||
| EV/EBITDA | 10.52 |
4.3 Compensation for Growth
JBL's 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.
JBL's earnings are expected to grow with 14.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.4
PEG (5Y)0.74
EPS Next 2Y14.89%
EPS Next 3Y14.82%
5. Dividend
5.1 Amount
JBL has a yearly dividend return of 0.16%, which is pretty low.
Compared to an average industry Dividend Yield of 2.18, JBL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, JBL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
5.2 History
The dividend of JBL decreases each year by -0.41%.
JBL has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of JBL decreased recently.
Dividend Growth(5Y)-0.41%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
5.48% of the earnings are spent on dividend by JBL. This is a low number and sustainable payout ratio.
DP5.48%
EPS Next 2Y14.89%
EPS Next 3Y14.82%
198.88
-1.58 (-0.79%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners98.02%
Inst Owner Change-0.25%
Ins Owners1.38%
Ins Owner Change-14.23%
Market Cap21.25B
Revenue(TTM)29.80B
Net Income(TTM)657.00M
Analysts83.75
Price Target253.25 (27.34%)
Short Float %3.68%
Short Ratio2.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
Yearly Dividend0.33
Dividend Growth(5Y)-0.41%
DP5.48%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.38%
Min EPS beat(2)9.3%
Max EPS beat(2)11.46%
EPS beat(4)4
Avg EPS beat(4)7.84%
Min EPS beat(4)5.13%
Max EPS beat(4)11.46%
EPS beat(8)7
Avg EPS beat(8)4.42%
EPS beat(12)11
Avg EPS beat(12)4.02%
EPS beat(16)15
Avg EPS beat(16)5.01%
Revenue beat(2)2
Avg Revenue beat(2)8.73%
Min Revenue beat(2)7.67%
Max Revenue beat(2)9.79%
Revenue beat(4)4
Avg Revenue beat(4)6.55%
Min Revenue beat(4)3.96%
Max Revenue beat(4)9.79%
Revenue beat(8)6
Avg Revenue beat(8)3.78%
Revenue beat(12)8
Avg Revenue beat(12)2.74%
Revenue beat(16)12
Avg Revenue beat(16)2.67%
PT rev (1m)2.49%
PT rev (3m)10.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.3%
EPS NY rev (1m)2.73%
EPS NY rev (3m)2.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.37%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)2.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.34 | ||
| Fwd PE | 17.75 | ||
| P/S | 0.71 | ||
| P/FCF | 18.13 | ||
| P/OCF | 12.96 | ||
| P/B | 14.04 | ||
| P/tB | 53.25 | ||
| EV/EBITDA | 10.52 |
EPS(TTM)9.78
EY4.92%
EPS(NY)11.2
Fwd EY5.63%
FCF(TTM)10.97
FCFY5.52%
OCF(TTM)15.35
OCFY7.72%
SpS278.94
BVpS14.16
TBVpS3.73
PEG (NY)1.4
PEG (5Y)0.74
Graham Number55.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 43.42% | ||
| ROCE | 29.74% | ||
| ROIC | 22.74% | ||
| ROICexc | 37.91% | ||
| ROICexgc | 61.62% | ||
| OM | 4.82% | ||
| PM (TTM) | 2.2% | ||
| GM | 8.88% | ||
| FCFM | 3.93% |
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 5Y10.49%
PM growth 3Y-9.51%
PM growth 5Y61.92%
GM growth 3Y4.14%
GM growth 5Y3.48%
F-Score5
Asset Turnover1.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.58 | ||
| Debt/FCF | 2.46 | ||
| Debt/EBITDA | 1.13 | ||
| Cap/Depr | 69.44% | ||
| Cap/Sales | 1.57% | ||
| Interest Coverage | 8.86 | ||
| Cash Conversion | 77.73% | ||
| Profit Quality | 178.39% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 3.09 |
F-Score5
WACC8.98%
ROIC/WACC2.53
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)15.47%
EPS 3Y8.49%
EPS 5Y27.52%
EPS Q2Q%43.04%
EPS Next Y14.56%
EPS Next 2Y14.89%
EPS Next 3Y14.82%
EPS Next 5YN/A
Revenue 1Y (TTM)3.18%
Revenue growth 3Y-3.8%
Revenue growth 5Y1.79%
Sales Q2Q%18.5%
Revenue Next Year8.09%
Revenue Next 2Y6.86%
Revenue Next 3Y6.98%
Revenue Next 5YN/A
EBIT growth 1Y-0.07%
EBIT growth 3Y0.59%
EBIT growth 5Y12.47%
EBIT Next Year61.83%
EBIT Next 3Y21.64%
EBIT Next 5YN/A
FCF growth 1Y25.75%
FCF growth 3Y63.94%
FCF growth 5Y33.7%
OCF growth 1Y-4.43%
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.
Can you provide the valuation status for JABIL INC?
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.
What are the PE and PB ratios of JABIL INC (JBL) stock?
The Price/Earnings (PE) ratio for JABIL INC (JBL) is 20.34 and the Price/Book (PB) ratio is 14.04.
What is the earnings growth outlook for JABIL INC?
The Earnings per Share (EPS) of JABIL INC (JBL) is expected to grow by 14.56% in the next year.