JABIL INC (JBL)
US4663131039 - Common Stock
We assign a fundamental rating of 5 out of 10 to JBL. JBL was compared to 127 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 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.
JBL had a positive operating cash flow in the past year.
JBL had positive earnings in each of the past 5 years.
JBL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of JBL (8.00%) is better than 86.40% of its industry peers.
Looking at the Return On Equity, with a value of 79.91%, JBL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Invested Capital value of 18.59%, JBL belongs to the best of the industry, outperforming 95.20% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for JBL is significantly above the industry average of 8.74%.
The 3 year average ROIC (17.51%) for JBL is below the current ROIC(18.59%), indicating increased profibility in the last year.
| 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 70.40% of its industry peers.
In the last couple of years the Profit Margin of JBL has grown nicely.
JBL's Operating Margin of 4.98% is fine compared to the rest of the industry. JBL outperforms 66.40% of its industry peers.
JBL's Operating Margin has improved in the last couple of years.
JBL has a Gross Margin of 9.26%. This is amonst the worse of the industry: JBL underperforms 82.40% of its industry peers.
In the last couple of years the Gross Margin of JBL has grown nicely.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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
JBL has an Altman-Z score of 3.09. This indicates that JBL is financially healthy and has little risk of bankruptcy at the moment.
JBL has a Altman-Z score of 3.09. This is comparable to the rest of the industry: JBL outperforms 48.80% of its industry peers.
JBL has a debt to FCF ratio of 3.09. This is a good value and a sign of high solvency as JBL would need 3.09 years to pay back of all of its debts.
The Debt to FCF ratio of JBL (3.09) is better than 69.60% of its industry peers.
A Debt/Equity ratio of 1.66 is on the high side and indicates that JBL has dependencies on debt financing.
JBL has a worse Debt to Equity ratio (1.66) than 92.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.66 | ||
| Debt/FCF | 3.09 | ||
| Altman-Z | 3.09 |
ROIC/WACC1.84
WACC10.08%
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.
Looking at the Current ratio, with a value of 1.09, JBL is doing worse than 92.80% of the companies in the same industry.
JBL has a Quick Ratio of 1.09. This is a bad value and indicates that JBL is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of JBL (0.72) is worse than 89.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| 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.
Measured over the past years, JBL shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.15% on average per year.
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)-11.77%
EPS 3Y14.72%
EPS 5Y23.15%
EPS Q2Q%-23.08%
Revenue 1Y (TTM)-16.77%
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.
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-5.21%
Revenue Next 2Y-0.02%
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
Based on the Price/Earnings ratio of 18.42, 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 rather cheap valuation: JBL is cheaper than 81.60% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of JBL to the average of the S&P500 Index (27.73), we can say JBL is valued slightly cheaper.
A Price/Forward Earnings ratio of 14.35 indicates a correct valuation of JBL.
Based on the Price/Forward Earnings ratio, JBL is valued cheaply inside the industry as 84.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.83, JBL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.42 | ||
| Fwd PE | 14.35 |
4.2 Price Multiples
88.00% of the companies in the same industry are more expensive than JBL, based on the Enterprise Value to EBITDA ratio.
79.20% 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 | 17.38 | ||
| EV/EBITDA | 7.91 |
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)5.14
PEG (5Y)0.8
EPS Next 2Y9.23%
EPS Next 3Y9.55%
5. Dividend
5.1 Amount
With a yearly dividend of 0.23%, JBL is not a good candidate for dividend investing.
JBL's Dividend Yield is a higher than the industry average which is at 1.85.
With a Dividend Yield of 0.23, JBL pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.23% |
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.
The dividend of JBL decreased recently.
Dividend Growth(5Y)1.03%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
JBL pays out 3.03% of its income as dividend. This is a sustainable payout ratio.
The dividend of JBL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP3.03%
EPS Next 2Y9.23%
EPS Next 3Y9.55%
JABIL INC
NYSE:JBL (12/20/2024, 8:19:45 PM)
After market: 144.258 -0.74 (-0.51%)145
+4.56 (+3.25%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners97.96%
Inst Owner Change-3.49%
Ins Owners1.85%
Ins Owner Change2.74%
Market Cap16.20B
Analysts81.33
Price Target147.9 (2%)
Short Float %2.53%
Short Ratio2.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.23% |
Dividend Growth(5Y)1.03%
DP3.03%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.83%
Min EPS beat(2)1.08%
Max EPS beat(2)2.58%
EPS beat(4)3
Avg EPS beat(4)1%
Min EPS beat(4)-0.09%
Max EPS beat(4)2.58%
EPS beat(8)7
Avg EPS beat(8)2.11%
EPS beat(12)11
Avg EPS beat(12)4.07%
EPS beat(16)15
Avg EPS beat(16)8.33%
Revenue beat(2)2
Avg Revenue beat(2)3.67%
Min Revenue beat(2)2.64%
Max Revenue beat(2)4.69%
Revenue beat(4)2
Avg Revenue beat(4)1%
Min Revenue beat(4)-2.77%
Max Revenue beat(4)4.69%
Revenue beat(8)4
Avg Revenue beat(8)0.84%
Revenue beat(12)8
Avg Revenue beat(12)1.38%
Revenue beat(16)11
Avg Revenue beat(16)1.76%
PT rev (1m)1%
PT rev (3m)7.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.31%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.73%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.42 | ||
| Fwd PE | 14.35 | ||
| P/S | 0.56 | ||
| P/FCF | 17.38 | ||
| P/OCF | 9.44 | ||
| P/B | 9.32 | ||
| P/tB | 17.36 | ||
| EV/EBITDA | 7.91 |
EPS(TTM)7.87
EY5.43%
EPS(NY)10.11
Fwd EY6.97%
FCF(TTM)8.34
FCFY5.75%
OCF(TTM)15.36
OCFY10.6%
SpS258.6
BVpS15.55
TBVpS8.35
PEG (NY)5.14
PEG (5Y)0.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 79.91% | ||
| ROCE | 25.8% | ||
| ROIC | 18.59% | ||
| ROICexc | 30.74% | ||
| ROICexgc | 40.38% | ||
| OM | 4.98% | ||
| PM (TTM) | 4.81% | ||
| GM | 9.26% | ||
| FCFM | 3.23% |
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 Turnover1.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.66 | ||
| Debt/FCF | 3.09 | ||
| Debt/EBITDA | 1.35 | ||
| Cap/Depr | 112.64% | ||
| Cap/Sales | 2.71% | ||
| Interest Coverage | 8.6 | ||
| Cash Conversion | 80.45% | ||
| Profit Quality | 67.15% | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 3.09 |
F-Score6
WACC10.08%
ROIC/WACC1.84
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)-16.77%
Revenue growth 3Y-0.46%
Revenue growth 5Y2.7%
Sales Q2Q%-16.61%
Revenue Next Year-5.21%
Revenue Next 2Y-0.02%
Revenue Next 3Y1.21%
Revenue Next 5YN/A
EBIT growth 1Y-9.85%
EBIT growth 3Y8.12%
EBIT growth 5Y14.57%
EBIT Next Year34.6%
EBIT Next 3Y14.88%
EBIT Next 5YN/A
FCF growth 1Y32.39%
FCF growth 3Y50.39%
FCF growth 5Y37.8%
OCF growth 1Y-1.04%
OCF growth 3Y6.19%
OCF growth 5Y7.54%