J & J SNACK FOODS CORP (JJSF) Stock Fundamental Analysis
NASDAQ:JJSF - Nasdaq - US4660321096 - Common Stock - Currency: USD
Taking everything into account, JJSF scores 5 out of 10 in our fundamental rating. JJSF was compared to 91 industry peers in the Food Products industry. JJSF is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. JJSF has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year JJSF was profitable.
JJSF had a positive operating cash flow in the past year.
JJSF had positive earnings in each of the past 5 years.
In the past 5 years JJSF always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.59%, JJSF is in the better half of the industry, outperforming 72.53% of the companies in the same industry.
JJSF has a Return On Equity of 8.12%. This is in the better half of the industry: JJSF outperforms 63.74% of its industry peers.
JJSF has a better Return On Invested Capital (6.36%) than 65.93% of its industry peers.
The Average Return On Invested Capital over the past 3 years for JJSF is significantly below the industry average of 28.11%.
The 3 year average ROIC (6.34%) for JJSF is below the current ROIC(6.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.59% | ||
| ROE | 8.12% | ||
| ROIC | 6.36% |
ROA(3y)5.47%
ROA(5y)4.62%
ROE(3y)7.72%
ROE(5y)6.4%
ROIC(3y)6.34%
ROIC(5y)5.29%
1.3 Margins
With a decent Profit Margin value of 4.79%, JJSF is doing good in the industry, outperforming 69.23% of the companies in the same industry.
JJSF's Profit Margin has declined in the last couple of years.
The Operating Margin of JJSF (6.45%) is better than 64.84% of its industry peers.
In the last couple of years the Operating Margin of JJSF has declined.
JJSF has a better Gross Margin (29.83%) than 68.13% of its industry peers.
JJSF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.45% | ||
| PM (TTM) | 4.79% | ||
| GM | 29.83% |
OM growth 3Y5.63%
OM growth 5Y-5.42%
PM growth 3Y4.2%
PM growth 5Y-7.21%
GM growth 3Y5.74%
GM growth 5Y0.89%
2. Health
2.1 Basic Checks
JJSF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for JJSF has been increased compared to 1 year ago.
The number of shares outstanding for JJSF has been increased compared to 5 years ago.
JJSF has a better debt/assets ratio than last year.
2.2 Solvency
JJSF has an Altman-Z score of 5.72. This indicates that JJSF is financially healthy and has little risk of bankruptcy at the moment.
JJSF's Altman-Z score of 5.72 is amongst the best of the industry. JJSF outperforms 89.01% of its industry peers.
JJSF has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.01, JJSF belongs to the top of the industry, outperforming 95.60% of the companies in the same industry.
JJSF has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.00, JJSF belongs to the best of the industry, outperforming 87.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 5.72 |
ROIC/WACC0.71
WACC8.99%
2.3 Liquidity
A Current Ratio of 2.38 indicates that JJSF has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.38, JJSF is doing good in the industry, outperforming 73.63% of the companies in the same industry.
JJSF has a Quick Ratio of 1.36. This is a normal value and indicates that JJSF is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.36, JJSF is doing good in the industry, outperforming 73.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
The earnings per share for JJSF have decreased strongly by -14.97% in the last year.
The Earnings Per Share has been decreasing by -0.04% on average over the past years.
Looking at the last year, JJSF shows a small growth in Revenue. The Revenue has grown by 0.49% in the last year.
The Revenue has been growing slightly by 5.83% on average over the past years.
EPS 1Y (TTM)-14.97%
EPS 3Y19.29%
EPS 5Y-0.04%
EPS Q2Q%-58.33%
Revenue 1Y (TTM)0.49%
Revenue growth 3Y11.22%
Revenue growth 5Y5.83%
Sales Q2Q%-1.01%
3.2 Future
Based on estimates for the next years, JJSF will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.61% on average per year.
The Revenue is expected to grow by 2.96% on average over the next years.
EPS Next Y-12.26%
EPS Next 2Y3.49%
EPS Next 3Y8.61%
EPS Next 5YN/A
Revenue Next Year1.43%
Revenue Next 2Y2.55%
Revenue Next 3Y2.96%
Revenue Next 5YN/A
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 27.37, the valuation of JJSF can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as JJSF.
Compared to an average S&P500 Price/Earnings ratio of 27.30, JJSF is valued at the same level.
Based on the Price/Forward Earnings ratio of 22.04, the valuation of JJSF can be described as rather expensive.
Based on the Price/Forward Earnings ratio, JJSF is valued a bit cheaper than 60.44% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, JJSF is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.37 | ||
| Fwd PE | 22.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JJSF is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, JJSF is valued a bit cheaper than 63.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.22 | ||
| EV/EBITDA | 12.84 |
4.3 Compensation for Growth
JJSF has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.49%
EPS Next 3Y8.61%
5. Dividend
5.1 Amount
JJSF has a Yearly Dividend Yield of 2.64%.
JJSF's Dividend Yield is a higher than the industry average which is at 4.66.
Compared to an average S&P500 Dividend Yield of 2.37, JJSF has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
5.2 History
The dividend of JJSF is nicely growing with an annual growth rate of 8.63%!
JJSF has paid a dividend for at least 10 years, which is a reliable track record.
JJSF has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.63%
Div Incr Years20
Div Non Decr Years20
5.3 Sustainability
JJSF pays out 77.57% of its income as dividend. This is not a sustainable payout ratio.
The dividend of JJSF is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP77.57%
EPS Next 2Y3.49%
EPS Next 3Y8.61%
116.61
-0.77 (-0.66%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners82.8%
Inst Owner Change0%
Ins Owners1.92%
Ins Owner Change0.02%
Market Cap2.27B
Analysts80
Price Target147.9 (26.83%)
Short Float %4.6%
Short Ratio4.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
Yearly Dividend2.94
Dividend Growth(5Y)8.63%
DP77.57%
Div Incr Years20
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-48.84%
Min EPS beat(2)-52.19%
Max EPS beat(2)-45.48%
EPS beat(4)0
Avg EPS beat(4)-28.8%
Min EPS beat(4)-52.19%
Max EPS beat(4)-2.55%
EPS beat(8)2
Avg EPS beat(8)-11.71%
EPS beat(12)3
Avg EPS beat(12)-9.47%
EPS beat(16)4
Avg EPS beat(16)-8.91%
Revenue beat(2)0
Avg Revenue beat(2)-3.3%
Min Revenue beat(2)-4.88%
Max Revenue beat(2)-1.71%
Revenue beat(4)0
Avg Revenue beat(4)-3.03%
Min Revenue beat(4)-4.88%
Max Revenue beat(4)-1.71%
Revenue beat(8)2
Avg Revenue beat(8)-2.13%
Revenue beat(12)4
Avg Revenue beat(12)-1.17%
Revenue beat(16)7
Avg Revenue beat(16)-0.78%
PT rev (1m)-12.25%
PT rev (3m)-13.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.15%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.37 | ||
| Fwd PE | 22.04 | ||
| P/S | 1.43 | ||
| P/FCF | 27.22 | ||
| P/OCF | 14.29 | ||
| P/B | 2.43 | ||
| P/tB | 3.97 | ||
| EV/EBITDA | 12.84 |
EPS(TTM)4.26
EY3.65%
EPS(NY)5.29
Fwd EY4.54%
FCF(TTM)4.28
FCFY3.67%
OCF(TTM)8.16
OCFY7%
SpS81.47
BVpS48.05
TBVpS29.37
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.59% | ||
| ROE | 8.12% | ||
| ROCE | 8.7% | ||
| ROIC | 6.36% | ||
| ROICexc | 6.63% | ||
| ROICexgc | 9.78% | ||
| OM | 6.45% | ||
| PM (TTM) | 4.79% | ||
| GM | 29.83% | ||
| FCFM | 5.26% |
ROA(3y)5.47%
ROA(5y)4.62%
ROE(3y)7.72%
ROE(5y)6.4%
ROIC(3y)6.34%
ROIC(5y)5.29%
ROICexc(3y)6.67%
ROICexc(5y)6.11%
ROICexgc(3y)10.24%
ROICexgc(5y)9.16%
ROCE(3y)8.67%
ROCE(5y)7.24%
ROICexcg growth 3Y0.07%
ROICexcg growth 5Y-7.81%
ROICexc growth 3Y-1.27%
ROICexc growth 5Y-10.06%
OM growth 3Y5.63%
OM growth 5Y-5.42%
PM growth 3Y4.2%
PM growth 5Y-7.21%
GM growth 3Y5.74%
GM growth 5Y0.89%
F-Score4
Asset Turnover1.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 104.94% | ||
| Cap/Sales | 4.76% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.21% | ||
| Profit Quality | 109.83% | ||
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 5.72 |
F-Score4
WACC8.99%
ROIC/WACC0.71
Cap/Depr(3y)144.73%
Cap/Depr(5y)130.35%
Cap/Sales(3y)5.9%
Cap/Sales(5y)5.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-14.97%
EPS 3Y19.29%
EPS 5Y-0.04%
EPS Q2Q%-58.33%
EPS Next Y-12.26%
EPS Next 2Y3.49%
EPS Next 3Y8.61%
EPS Next 5YN/A
Revenue 1Y (TTM)0.49%
Revenue growth 3Y11.22%
Revenue growth 5Y5.83%
Sales Q2Q%-1.01%
Revenue Next Year1.43%
Revenue Next 2Y2.55%
Revenue Next 3Y2.96%
Revenue Next 5YN/A
EBIT growth 1Y-14.29%
EBIT growth 3Y17.48%
EBIT growth 5Y0.09%
EBIT Next Year32.78%
EBIT Next 3Y20.71%
EBIT Next 5YN/A
FCF growth 1Y746.26%
FCF growth 3Y27.59%
FCF growth 5Y1.94%
OCF growth 1Y80.09%
OCF growth 3Y19.47%
OCF growth 5Y3.25%