JOHN BEAN TECHNOLOGIES CORP (JBT) Stock Fundamental Analysis
NYSE:JBT - New York Stock Exchange, Inc. - US4778391049 - Common Stock - Currency: USD
Overall JBT gets a fundamental rating of 5 out of 10. We evaluated JBT against 129 industry peers in the Machinery industry. JBT has an average financial health and profitability rating. JBT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year JBT was profitable.
In the past year JBT had a positive cash flow from operations.
JBT had positive earnings in each of the past 5 years.
In the past 5 years JBT always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.41%, JBT is in line with its industry, outperforming 58.91% of the companies in the same industry.
With a Return On Equity value of 9.51%, JBT perfoms like the industry average, outperforming 56.59% of the companies in the same industry.
JBT has a Return On Invested Capital (6.03%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for JBT is below the industry average of 11.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.41% | ||
| ROE | 9.51% | ||
| ROIC | 6.03% |
ROA(3y)10.75%
ROA(5y)9%
ROE(3y)23.39%
ROE(5y)21.98%
ROIC(3y)6.59%
ROIC(5y)8.56%
1.3 Margins
The Profit Margin of JBT (8.91%) is better than 65.12% of its industry peers.
In the last couple of years the Profit Margin of JBT has grown nicely.
JBT has a Operating Margin of 9.65%. This is comparable to the rest of the industry: JBT outperforms 49.61% of its industry peers.
JBT's Operating Margin has been stable in the last couple of years.
JBT's Gross Margin of 36.07% is fine compared to the rest of the industry. JBT outperforms 63.57% of its industry peers.
JBT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.65% | ||
| PM (TTM) | 8.91% | ||
| GM | 36.07% |
OM growth 3Y1.54%
OM growth 5Y1.19%
PM growth 3Y77.14%
PM growth 5Y45.2%
GM growth 3Y4.64%
GM growth 5Y4.67%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), JBT is destroying value.
Compared to 1 year ago, JBT has about the same amount of shares outstanding.
The number of shares outstanding for JBT has been increased compared to 5 years ago.
The debt/assets ratio for JBT has been reduced compared to a year ago.
2.2 Solvency
JBT has an Altman-Z score of 3.88. This indicates that JBT is financially healthy and has little risk of bankruptcy at the moment.
JBT has a Altman-Z score of 3.88. This is in the better half of the industry: JBT outperforms 62.02% of its industry peers.
The Debt to FCF ratio of JBT is 14.97, which is on the high side as it means it would take JBT, 14.97 years of fcf income to pay off all of its debts.
JBT has a Debt to FCF ratio of 14.97. This is in the lower half of the industry: JBT underperforms 61.24% of its industry peers.
A Debt/Equity ratio of 0.41 indicates that JBT is not too dependend on debt financing.
The Debt to Equity ratio of JBT (0.41) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 14.97 | ||
| Altman-Z | 3.88 |
ROIC/WACC0.66
WACC9.08%
2.3 Liquidity
A Current Ratio of 2.55 indicates that JBT has no problem at all paying its short term obligations.
JBT's Current ratio of 2.55 is fine compared to the rest of the industry. JBT outperforms 68.22% of its industry peers.
JBT has a Quick Ratio of 2.00. This is a normal value and indicates that JBT is financially healthy and should not expect problems in meeting its short term obligations.
JBT has a better Quick ratio (2.00) than 76.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.55 | ||
| Quick Ratio | 2 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.43% over the past year.
The Earnings Per Share has been growing slightly by 0.60% on average over the past years.
JBT shows a decrease in Revenue. In the last year, the revenue decreased by -6.92%.
The Revenue has been decreasing by -2.81% on average over the past years.
EPS 1Y (TTM)6.43%
EPS 3Y3.82%
EPS 5Y0.6%
EPS Q2Q%35.14%
Revenue 1Y (TTM)-6.92%
Revenue growth 3Y-1.24%
Revenue growth 5Y-2.81%
Sales Q2Q%12.44%
3.2 Future
Based on estimates for the next years, JBT will show a very strong growth in Earnings Per Share. The EPS will grow by 22.70% on average per year.
The Revenue is expected to grow by 16.13% on average over the next years. This is quite good.
EPS Next Y19.3%
EPS Next 2Y13.45%
EPS Next 3Y13.18%
EPS Next 5Y22.7%
Revenue Next Year4.4%
Revenue Next 2Y4.4%
Revenue Next 3Y13.06%
Revenue Next 5Y16.13%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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
A Price/Earnings ratio of 26.11 indicates a quite expensive valuation of JBT.
JBT's Price/Earnings ratio is in line with the industry average.
JBT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 22.03, JBT is valued on the expensive side.
JBT's Price/Forward Earnings is on the same level as the industry average.
JBT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.11 | ||
| Fwd PE | 22.03 |
4.2 Price Multiples
JBT's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, JBT is valued a bit more expensive than 64.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 92.15 | ||
| EV/EBITDA | 16.3 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of JBT may justify a higher PE ratio.
A more expensive valuation may be justified as JBT's earnings are expected to grow with 13.18% in the coming years.
PEG (NY)1.35
PEG (5Y)43.6
EPS Next 2Y13.45%
EPS Next 3Y13.18%
5. Dividend
5.1 Amount
With a yearly dividend of 0.32%, JBT is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.65, JBT has a dividend in line with its industry peers.
With a Dividend Yield of 0.32, JBT pays less dividend than the S&P500 average, which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
5.2 History
The dividend of JBT decreases each year by -0.61%.
JBT has been paying a dividend for at least 10 years, so it has a reliable track record.
JBT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.61%
Div Incr Years0
Div Non Decr Years15
5.3 Sustainability
8.42% of the earnings are spent on dividend by JBT. This is a low number and sustainable payout ratio.
DP8.42%
EPS Next 2Y13.45%
EPS Next 3Y13.18%
125.32
-1.78 (-1.4%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners108.86%
Inst Owner Change17.37%
Ins Owners1.15%
Ins Owner Change-0.03%
Market Cap3.99B
Analysts74
Price Target131.58 (5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
Yearly Dividend0.4
Dividend Growth(5Y)-0.61%
DP8.42%
Div Incr Years0
Div Non Decr Years15
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.4%
Min EPS beat(2)-16.5%
Max EPS beat(2)5.7%
EPS beat(4)2
Avg EPS beat(4)-2.32%
Min EPS beat(4)-16.5%
Max EPS beat(4)5.7%
EPS beat(8)6
Avg EPS beat(8)4.41%
EPS beat(12)8
Avg EPS beat(12)5.8%
EPS beat(16)11
Avg EPS beat(16)6.3%
Revenue beat(2)1
Avg Revenue beat(2)-3.16%
Min Revenue beat(2)-7.92%
Max Revenue beat(2)1.61%
Revenue beat(4)1
Avg Revenue beat(4)-2.4%
Min Revenue beat(4)-7.92%
Max Revenue beat(4)1.61%
Revenue beat(8)1
Avg Revenue beat(8)-6.14%
Revenue beat(12)2
Avg Revenue beat(12)-4.41%
Revenue beat(16)4
Avg Revenue beat(16)-3.29%
PT rev (1m)10.26%
PT rev (3m)16.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.56%
EPS NY rev (1m)-0.51%
EPS NY rev (3m)1.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.56%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.11 | ||
| Fwd PE | 22.03 | ||
| P/S | 2.36 | ||
| P/FCF | 92.15 | ||
| P/OCF | 49.82 | ||
| P/B | 2.52 | ||
| P/tB | 9.06 | ||
| EV/EBITDA | 16.3 |
EPS(TTM)4.8
EY3.83%
EPS(NY)5.69
Fwd EY4.54%
FCF(TTM)1.36
FCFY1.09%
OCF(TTM)2.52
OCFY2.01%
SpS53.17
BVpS49.78
TBVpS13.83
PEG (NY)1.35
PEG (5Y)43.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.41% | ||
| ROE | 9.51% | ||
| ROCE | 7.05% | ||
| ROIC | 6.03% | ||
| ROICexc | 7.84% | ||
| ROICexgc | 21.95% | ||
| OM | 9.65% | ||
| PM (TTM) | 8.91% | ||
| GM | 36.07% | ||
| FCFM | 2.56% |
ROA(3y)10.75%
ROA(5y)9%
ROE(3y)23.39%
ROE(5y)21.98%
ROIC(3y)6.59%
ROIC(5y)8.56%
ROICexc(3y)7.41%
ROICexc(5y)9.2%
ROICexgc(3y)24.25%
ROICexgc(5y)27.38%
ROCE(3y)7.7%
ROCE(5y)10%
ROICexcg growth 3Y-1.48%
ROICexcg growth 5Y-6.31%
ROICexc growth 3Y-9.03%
ROICexc growth 5Y-13.56%
OM growth 3Y1.54%
OM growth 5Y1.19%
PM growth 3Y77.14%
PM growth 5Y45.2%
GM growth 3Y4.64%
GM growth 5Y4.67%
F-Score5
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 14.97 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 41.58% | ||
| Cap/Sales | 2.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 31.81% | ||
| Profit Quality | 28.71% | ||
| Current Ratio | 2.55 | ||
| Quick Ratio | 2 | ||
| Altman-Z | 3.88 |
F-Score5
WACC9.08%
ROIC/WACC0.66
Cap/Depr(3y)81.03%
Cap/Depr(5y)69.73%
Cap/Sales(3y)4.11%
Cap/Sales(5y)3.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.43%
EPS 3Y3.82%
EPS 5Y0.6%
EPS Q2Q%35.14%
EPS Next Y19.3%
EPS Next 2Y13.45%
EPS Next 3Y13.18%
EPS Next 5Y22.7%
Revenue 1Y (TTM)-6.92%
Revenue growth 3Y-1.24%
Revenue growth 5Y-2.81%
Sales Q2Q%12.44%
Revenue Next Year4.4%
Revenue Next 2Y4.4%
Revenue Next 3Y13.06%
Revenue Next 5Y16.13%
EBIT growth 1Y-4.22%
EBIT growth 3Y0.29%
EBIT growth 5Y-1.65%
EBIT Next Year78.8%
EBIT Next 3Y46.69%
EBIT Next 5Y33.26%
FCF growth 1Y-15.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-41.53%
OCF growth 3Y-46.04%
OCF growth 5Y-23.78%