JBT MAREL CORP (JBTM) Stock Fundamental Analysis
NYSE:JBTM - New York Stock Exchange, Inc. - US4778391049 - Common Stock - Currency: USD
Overall JBTM gets a fundamental rating of 5 out of 10. We evaluated JBTM against 129 industry peers in the Machinery industry. JBTM has an average financial health and profitability rating. JBTM 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 JBTM was profitable.
In the past year JBTM had a positive cash flow from operations.
In the past 5 years JBTM has always been profitable.
Each year in the past 5 years JBTM had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 5.41%, JBTM perfoms like the industry average, outperforming 58.40% of the companies in the same industry.
With a Return On Equity value of 9.51%, JBTM perfoms like the industry average, outperforming 57.60% of the companies in the same industry.
JBTM has a Return On Invested Capital of 6.03%. This is comparable to the rest of the industry: JBTM outperforms 44.80% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for JBTM 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
JBTM has a Profit Margin of 8.91%. This is in the better half of the industry: JBTM outperforms 64.80% of its industry peers.
In the last couple of years the Profit Margin of JBTM has grown nicely.
Looking at the Operating Margin, with a value of 9.65%, JBTM is in line with its industry, outperforming 49.60% of the companies in the same industry.
In the last couple of years the Operating Margin of JBTM has remained more or less at the same level.
The Gross Margin of JBTM (36.07%) is better than 63.20% of its industry peers.
In the last couple of years the Gross Margin of JBTM has grown nicely.
| 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), JBTM is destroying value.
The number of shares outstanding for JBTM remains at a similar level compared to 1 year ago.
Compared to 5 years ago, JBTM has more shares outstanding
The debt/assets ratio for JBTM has been reduced compared to a year ago.
2.2 Solvency
JBTM has an Altman-Z score of 4.97. This indicates that JBTM is financially healthy and has little risk of bankruptcy at the moment.
JBTM has a better Altman-Z score (4.97) than 75.20% of its industry peers.
The Debt to FCF ratio of JBTM is 14.97, which is on the high side as it means it would take JBTM, 14.97 years of fcf income to pay off all of its debts.
JBTM's Debt to FCF ratio of 14.97 is on the low side compared to the rest of the industry. JBTM is outperformed by 63.20% of its industry peers.
A Debt/Equity ratio of 0.41 indicates that JBTM is not too dependend on debt financing.
The Debt to Equity ratio of JBTM (0.41) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 14.97 | ||
| Altman-Z | 4.97 |
ROIC/WACC0.59
WACC10.24%
2.3 Liquidity
A Current Ratio of 2.55 indicates that JBTM has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.55, JBTM is in the better half of the industry, outperforming 68.00% of the companies in the same industry.
A Quick Ratio of 2.00 indicates that JBTM should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 2.00, JBTM is in the better half of the industry, outperforming 76.80% of the companies in the same industry.
| 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.
Measured over the past 5 years, JBTM shows a small growth in Earnings Per Share. The EPS has been growing by 0.60% on average per year.
Looking at the last year, JBTM shows a decrease in Revenue. The Revenue has decreased by -6.92% in the last year.
Measured over the past years, JBTM shows a decrease in Revenue. The Revenue has been decreasing by -2.81% on average per year.
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
The Earnings Per Share is expected to grow by 15.17% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.75% on average over the next years.
EPS Next Y20.56%
EPS Next 2Y14.72%
EPS Next 3Y15.17%
EPS Next 5YN/A
Revenue Next Year4.42%
Revenue Next 2Y4.35%
Revenue Next 3Y4.47%
Revenue Next 5Y4.75%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.78, which indicates a rather expensive current valuation of JBTM.
JBTM's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of JBTM to the average of the S&P500 Index (29.63), we can say JBTM is valued inline with the index average.
With a Price/Forward Earnings ratio of 20.44, JBTM is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of JBTM is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of JBTM to the average of the S&P500 Index (22.68), we can say JBTM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.78 | ||
| Fwd PE | 20.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JBTM is valued a bit more expensive than the industry average as 68.80% of the companies are valued more cheaply.
68.00% of the companies in the same industry are cheaper than JBTM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 142.48 | ||
| EV/EBITDA | 24.95 |
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 JBTM may justify a higher PE ratio.
JBTM's earnings are expected to grow with 15.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.2
PEG (5Y)41.37
EPS Next 2Y14.72%
EPS Next 3Y15.17%
5. Dividend
5.1 Amount
With a yearly dividend of 0.33%, JBTM is not a good candidate for dividend investing.
JBTM's Dividend Yield is comparable with the industry average which is at 1.65.
Compared to an average S&P500 Dividend Yield of 2.27, JBTM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.33% |
5.2 History
The dividend of JBTM decreases each year by -0.61%.
JBTM has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-0.61%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
JBTM pays out 8.42% of its income as dividend. This is a sustainable payout ratio.
DP8.42%
EPS Next 2Y14.72%
EPS Next 3Y15.17%
118.92
-2.48 (-2.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners87.48%
Inst Owner ChangeN/A
Ins Owners0.75%
Ins Owner Change0%
Market Cap6.17B
Analysts76.92
Price Target133.45 (12.22%)
Short Float %4.82%
Short Ratio5.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.33% |
Yearly Dividend0.4
Dividend Growth(5Y)-0.61%
DP8.42%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.32%
Min EPS beat(2)-17.32%
Max EPS beat(2)4.67%
EPS beat(4)2
Avg EPS beat(4)-3.28%
Min EPS beat(4)-17.32%
Max EPS beat(4)4.67%
EPS beat(8)6
Avg EPS beat(8)3.38%
EPS beat(12)8
Avg EPS beat(12)4.76%
EPS beat(16)11
Avg EPS beat(16)5.26%
Revenue beat(2)1
Avg Revenue beat(2)-4.11%
Min Revenue beat(2)-8.83%
Max Revenue beat(2)0.61%
Revenue beat(4)1
Avg Revenue beat(4)-3.36%
Min Revenue beat(4)-8.83%
Max Revenue beat(4)0.61%
Revenue beat(8)1
Avg Revenue beat(8)-7.06%
Revenue beat(12)2
Avg Revenue beat(12)-5.35%
Revenue beat(16)4
Avg Revenue beat(16)-4.24%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)-0.48%
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.06%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0.91%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.03%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.78 | ||
| Fwd PE | 20.44 | ||
| P/S | 3.64 | ||
| P/FCF | 142.48 | ||
| P/OCF | 77.02 | ||
| P/B | 3.89 | ||
| P/tB | 14.01 | ||
| EV/EBITDA | 24.95 |
EPS(TTM)4.8
EY4.04%
EPS(NY)5.82
Fwd EY4.89%
FCF(TTM)0.83
FCFY0.7%
OCF(TTM)1.54
OCFY1.3%
SpS32.63
BVpS30.55
TBVpS8.49
PEG (NY)1.2
PEG (5Y)41.37
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 | 4.97 |
F-Score5
WACC10.24%
ROIC/WACC0.59
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 Y20.56%
EPS Next 2Y14.72%
EPS Next 3Y15.17%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.92%
Revenue growth 3Y-1.24%
Revenue growth 5Y-2.81%
Sales Q2Q%12.44%
Revenue Next Year4.42%
Revenue Next 2Y4.35%
Revenue Next 3Y4.47%
Revenue Next 5Y4.75%
EBIT growth 1Y-4.22%
EBIT growth 3Y0.29%
EBIT growth 5Y-1.65%
EBIT Next Year78.57%
EBIT Next 3Y41.25%
EBIT Next 5YN/A
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%