JABIL INC (JBL) Stock Fundamental Analysis
USA - NYSE:JBL - US4663131039 - Common Stock
209.22 USD
-11.09 (-5.03%)
208.71 USD
-0.51 (-0.24%)
We assign a fundamental rating of 6 out of 10 to JBL. JBL was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. JBL has an excellent profitability rating, but there are some minor concerns on its financial health. JBL is not valued too expensively and it also shows a decent growth rate.
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.
In the past 5 years JBL has always been profitable.
Each year in the past 5 years JBL had a positive operating cash flow.
1.2 Ratios
JBL has a Return On Assets of 3.54%. This is in the better half of the industry: JBL outperforms 64.52% of its industry peers.
With an excellent Return On Equity value of 43.42%, JBL belongs to the best of the industry, outperforming 97.58% of the companies in the same industry.
With an excellent Return On Invested Capital value of 22.74%, JBL belongs to the best of the industry, outperforming 95.16% 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 9.51%.
The last Return On Invested Capital (22.74%) for JBL is above the 3 year average (20.19%), which is a sign of increasing profitability.
| 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
With a Profit Margin value of 2.20%, JBL perfoms like the industry average, outperforming 57.26% of the companies in the same industry.
In the last couple of years the Profit Margin of JBL has grown nicely.
JBL has a better Operating Margin (4.82%) than 62.10% of its industry peers.
JBL's Operating Margin has improved in the last couple of years.
The Gross Margin of JBL (8.88%) is worse than 82.26% of its industry peers.
JBL's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), JBL is creating value.
The number of shares outstanding for JBL has been reduced compared to 1 year ago.
JBL has less shares outstanding than it did 5 years ago.
The debt/assets ratio for JBL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.13 indicates that JBL is not in any danger for bankruptcy at the moment.
The Altman-Z score of JBL (3.13) 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 has a better Debt to FCF ratio (2.46) than 72.58% of its industry peers.
JBL has a Debt/Equity ratio of 1.58. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.58, JBL is not doing good in the industry: 91.94% of the companies in the same industry are doing better.
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 | 1.58 | ||
| Debt/FCF | 2.46 | ||
| Altman-Z | 3.13 |
ROIC/WACC2.52
WACC9.03%
2.3 Liquidity
A Current Ratio of 1.00 indicates that JBL should not have too much problems paying its short term obligations.
The Current ratio of JBL (1.00) is worse than 90.32% of its industry peers.
A Quick Ratio of 0.66 indicates that JBL may have some problems paying its short term obligations.
The Quick ratio of JBL (0.66) is worse than 91.94% 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.
JBL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.52% yearly.
JBL shows a small growth in Revenue. In the last year, the Revenue has grown by 3.18%.
JBL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.79% yearly.
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 14.87% on average per year.
Based on estimates for the next years, JBL will show a small growth in Revenue. The Revenue will grow by 7.06% on average per year.
EPS Next Y14.56%
EPS Next 2Y14.89%
EPS Next 3Y14.87%
EPS Next 5YN/A
Revenue Next Year8.09%
Revenue Next 2Y6.86%
Revenue Next 3Y7.06%
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
Based on the Price/Earnings ratio of 21.39, 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 75.81% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.03. JBL is around the same levels.
With a Price/Forward Earnings ratio of 18.67, JBL is valued on the expensive side.
Based on the Price/Forward Earnings ratio, JBL is valued a bit cheaper than the industry average as 74.19% of the companies are valued more expensively.
JBL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.39 | ||
| Fwd PE | 18.67 |
4.2 Price Multiples
82.26% of the companies in the same industry are more expensive than JBL, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JBL indicates a rather cheap valuation: JBL is cheaper than 83.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.07 | ||
| EV/EBITDA | 11.05 |
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 14.87% in the coming years.
PEG (NY)1.47
PEG (5Y)0.78
EPS Next 2Y14.89%
EPS Next 3Y14.87%
5. Dividend
5.1 Amount
JBL has a yearly dividend return of 0.14%, which is pretty low.
Compared to an average industry Dividend Yield of 2.06, JBL pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.14, JBL pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
5.2 History
The dividend of JBL decreases each year by -0.39%.
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)-0.39%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
JBL pays out 5.48% of its income as dividend. This is a sustainable payout ratio.
DP5.48%
EPS Next 2Y14.89%
EPS Next 3Y14.87%
209.22
-11.09 (-5.03%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners98.02%
Inst Owner Change0.35%
Ins Owners1.38%
Ins Owner Change-6.89%
Market Cap22.35B
Revenue(TTM)29.80B
Net Income(TTM)657.00M
Analysts83.75
Price Target253.25 (21.04%)
Short Float %3.44%
Short Ratio2.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
Yearly Dividend0.33
Dividend Growth(5Y)-0.39%
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)10.89%
EPS NQ rev (1m)0.93%
EPS NQ rev (3m)12.3%
EPS NY rev (1m)2.73%
EPS NY rev (3m)2.54%
Revenue NQ rev (1m)0.72%
Revenue NQ rev (3m)7.37%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)2.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.39 | ||
| Fwd PE | 18.67 | ||
| P/S | 0.75 | ||
| P/FCF | 19.07 | ||
| P/OCF | 13.63 | ||
| P/B | 14.77 | ||
| P/tB | 56.02 | ||
| EV/EBITDA | 11.05 |
EPS(TTM)9.78
EY4.67%
EPS(NY)11.2
Fwd EY5.35%
FCF(TTM)10.97
FCFY5.24%
OCF(TTM)15.35
OCFY7.34%
SpS278.94
BVpS14.16
TBVpS3.73
PEG (NY)1.47
PEG (5Y)0.78
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 | 250 | ||
| Cash Conversion | 77.73% | ||
| Profit Quality | 178.39% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 3.13 |
F-Score5
WACC9.03%
ROIC/WACC2.52
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 3Y14.87%
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 3Y7.06%
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 5 / 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 21.39 and the Price/Book (PB) ratio is 14.77.
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.