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JB Hi-Fi LimitedASX:JBH Stock Report

Market Cap AU$7.6b
Share Price
n/a
1Y-41.4%
7D-15.3%
1D-1.4%
Portfolio Value
View

JB Hi-Fi Limited

ASX:JBH Stock Report

Market Cap: AU$7.6b

JB Hi-Fi (JBH) Stock Overview

JB Hi-Fi Limited retails home consumer products. More details

JBH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends4/6

JBH Community Fair Values

Create Narrative

See what 88 others think this stock is worth. Follow their fair value or set your own to get alerts.

JB Hi-Fi Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for JB Hi-Fi
Historical stock prices
Current Share PriceAU$69.20
52 Week HighAU$120.51
52 Week LowAU$67.38
Beta0.85
1 Month Change-11.44%
3 Month Change-4.83%
1 Year Change-41.40%
3 Year Change55.58%
5 Year Change51.85%
Change since IPO2,975.56%

Recent News & Updates

Narrative Update Aug 17

JBH: Lower Revenue Outlook And Rich P/E Will Sustain Overvaluation Risk

Analysts have lowered their JB Hi-Fi price target from A$60.16 to A$58.25, citing revised assumptions for revenue growth, discount rate, profit margin and future P/E multiples. What’s in the News for JB Hi-Fi There are currently no recent JB Hi-Fi specific news items or periodical reports provided in the available sources.
Narrative Update Jul 13

JBH: Higher Dividends And Margin Pressures Will Shape A Measured Outlook

Analysts have reset their 12 month price target for JB Hi-Fi to A$79.48 from A$92.64. This reflects updated assumptions for slightly lower revenue growth, profit margins and future P/E multiples, along with recent Street research flagging tougher near term trading conditions and supply shortages in key Apple categories.
Narrative Update Jun 29

JBH: Dividend Focus And Premium Appliances Will Underpin Future Fair Value Upside

Analysts have reduced their fair value estimate for JB Hi-Fi from A$110.02 to A$98.00, citing a tougher near term retail backdrop highlighted by recent Street research that points to challenging comparables and supply shortages in key Apple categories. What’s in the News for JB Hi-Fi JB Hi-Fi reported record first half sales of about A$6.1b for the six months to December 2025, with group earnings and profit more than 7% higher year on year.

Recent updates

Narrative Update Aug 17

JBH: Lower Revenue Outlook And Rich P/E Will Sustain Overvaluation Risk

Analysts have lowered their JB Hi-Fi price target from A$60.16 to A$58.25, citing revised assumptions for revenue growth, discount rate, profit margin and future P/E multiples. What’s in the News for JB Hi-Fi There are currently no recent JB Hi-Fi specific news items or periodical reports provided in the available sources.
Narrative Update Jul 13

JBH: Higher Dividends And Margin Pressures Will Shape A Measured Outlook

Analysts have reset their 12 month price target for JB Hi-Fi to A$79.48 from A$92.64. This reflects updated assumptions for slightly lower revenue growth, profit margins and future P/E multiples, along with recent Street research flagging tougher near term trading conditions and supply shortages in key Apple categories.
Narrative Update Jun 29

JBH: Dividend Focus And Premium Appliances Will Underpin Future Fair Value Upside

Analysts have reduced their fair value estimate for JB Hi-Fi from A$110.02 to A$98.00, citing a tougher near term retail backdrop highlighted by recent Street research that points to challenging comparables and supply shortages in key Apple categories. What’s in the News for JB Hi-Fi JB Hi-Fi reported record first half sales of about A$6.1b for the six months to December 2025, with group earnings and profit more than 7% higher year on year.
Analysis Article Jun 17

JB Hi-Fi (ASX:JBH) Shares Could Be 12.5% Overvalued Despite Resilient Retail Narrative

Recent attention on JB Hi-Fi (ASX:JBH) has been driven by its position in consumer electronics and home appliances, together with a long record of disciplined operations and shareholder returns across different retail banners. See our latest analysis for JB Hi-Fi. At a recent share price of A$78.25, JB Hi-Fi has seen short term momentum pick up, with a 7 day share price return of 6.54% and 30 day return of 9.70%. However, the year to date share price return is down 18.70% and the 1 year total...
Narrative Update Jun 15

JBH: Fair Value Upside Will Persist Despite Tougher Comparables Risk

Analysts have nudged their fair value estimate for JB Hi-Fi slightly lower from A$111.75 to A$110.02. This reflects a modestly adjusted discount rate and P/E outlook as some highlight tougher comparables and supply shortages in key Apple categories.
Narrative Update Jun 01

JBH: Interim Dividend Timetable Will Support Returns Despite Tighter Margin Outlook

Analysts have lowered their price target on JB Hi-Fi to A$111.75 from A$116.20, citing a more cautious stance on revenue growth, profit margins, and future P/E assumptions following recent research that highlights tougher comparables and supply shortages in key Apple categories. What's in the News Analysts revised the JB Hi-Fi price target to A$111.75 from A$116.20, reflecting updated views on revenue, margins, and P/E assumptions based on recent research.
Narrative Update May 03

JBH: Higher Discount Rate And Rich P/E Will Sustain Overvaluation Risk

Analysts have trimmed their JB Hi-Fi price target from about A$61.97 to A$60.16, reflecting small tweaks to assumptions for discount rate, revenue growth, profit margin and future P/E multiples. What's in the News JB Hi-Fi's board declared an estimated fully franked interim dividend of A$2.10 per share for the six months ended 31 December 2025, giving investors clarity on the next upcoming cash return.
Narrative Update Apr 18

JBH: Interim Dividend Timetable Will Support Future Returns Outlook

Analysts have trimmed their price target for JB Hi-Fi to A$116.20 from A$118.18, reflecting updated assumptions that include a slightly higher discount rate, a modestly lower revenue growth outlook, a small uplift in profit margin and a marginally lower future P/E multiple. What's in the News JB Hi-Fi's board declared an estimated fully franked interim dividend of A$2.10 per share for the six months ended 31 December 2025, signaling a planned cash return to shareholders for that period (Key Developments).
Narrative Update Apr 04

JBH: Future Dividend Timetable Will Support Long Term Global Demand

Analysts have reduced their price target for JB Hi-Fi from A$122.00 to about A$118.18. This reflects updated assumptions that include a modestly higher discount rate, a lower revenue growth outlook, broadly similar profit margins, and a slightly reduced future P/E multiple.
Narrative Update Mar 21

JBH: Index Inclusions And Rich Future P/E Will Sustain Overvaluation Risk

Analysts have revised their price target for JB Hi-Fi to around A$62 per share. The refreshed view reflects updated assumptions on the discount rate, modest revenue growth expectations, profit margins, and a slightly lower future P/E multiple.
Narrative Update Mar 06

JBH: Index Additions And Dividend Outlook Will Support A Positive Future

Analysts have reduced their JB Hi Fi price target by about A$9 to reflect slightly lower assumptions for revenue growth, profit margins and future P/E multiples, alongside a marginally higher discount rate. What's in the News Board declares an estimated fully franked interim dividend of 210 cents per share for the six months ended 31 December 2025, with a record date of 27 February 2026, ex date of 26 February 2026 and payment date of 13 March 2026 (company announcement).
Narrative Update Feb 20

JBH: Index Inclusions And Rich Future P/E Will Sustain Overvaluation Risk

Analysts have reduced their JB Hi-Fi price target from A$69.25 to A$61.97, linking the change to updated assumptions for slightly lower revenue growth and a lower future P/E multiple, while keeping profit margin expectations broadly in line. What's in the News The board has declared an estimated fully franked interim dividend of 210 cents per share for the six months ended 31 December 2025, with a record date of 27 February 2026, an ex date of 26 February 2026, and a payment date of 13 March 2026 (company announcement).
Narrative Update Feb 06

JBH: Index Additions Will Sustain Rich P/E And Prolong Overvaluation Risk

The analyst price target for JB Hi-Fi has edged lower from around A$70.37 to about A$69.25. Analysts link the adjustment to updated fair value estimates, a slightly higher discount rate and refreshed assumptions on revenue growth, profit margin and future P/E.
Narrative Update Jan 22

JBH: Index Additions Will Drive Richer P/E And Heighten Overvaluation Risk

Analysts have raised their price target for JB Hi-Fi to A$70.37 from A$61.97, citing updated assumptions for revenue growth, profit margins and a higher forward P/E multiple. What's in the News JB Hi-Fi Limited (ASX:JBH) has been added to the S&P Global 1200 index, increasing its visibility to global index investors and ETF products (Key Developments).
Narrative Update Jan 08

JBH: Index Inclusions And Stable Assumptions Will Shape A Balanced Outlook

Analysts have kept their JB Hi-Fi fair value estimate steady at A$102.05 per share, with only small shifts in discount rate, revenue growth, profit margin and future P/E assumptions. These changes reflect fine tuning rather than a change in overall view.
Analysis Article Jan 06

Unpleasant Surprises Could Be In Store For JB Hi-Fi Limited's (ASX:JBH) Shares

It's not a stretch to say that JB Hi-Fi Limited's ( ASX:JBH ) price-to-earnings (or "P/E") ratio of 22.2x right now...
Narrative Update Dec 25

JBH: Index Inclusions Will Support Long Term Global Demand

Analysts have trimmed their price target on JB Hi-Fi from A$124.00 to A$122.00, reflecting a slightly higher discount rate and a modestly softer long term margin outlook that more than offset upgraded revenue growth forecasts. What's in the News JB Hi-Fi Limited is being added to the S&P Global 1200 index, potentially broadening its visibility and appeal to global index and ETF investors (Key Developments).
Narrative Update Dec 11

JBH: Modest Discount Rate Shift Will Support Stronger Future Performance Outlook

Analysts have nudged their price target on JB Hi-Fi slightly lower to approximately $102.05 per share from about $102.12. This reflects a modest uptick in the assumed discount rate that only partially offsets small improvements in forecast revenue growth, profit margins and future valuation multiples.
Analysis Article Dec 05

A Look Into JB Hi-Fi's (ASX:JBH) Impressive Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Narrative Update Nov 26

JBH: Market Dynamics Will Shape Sustainability of Current Fair Performance

Analysts have raised their price target for JB Hi-Fi from $100.23 to $102.12. This reflects slight adjustments to growth and profitability forecasts in response to evolving market expectations.
Analysis Article Nov 04

Is It Time To Consider Buying JB Hi-Fi Limited (ASX:JBH)?

While JB Hi-Fi Limited ( ASX:JBH ) might not have the largest market cap around , it saw significant share price...
Analysis Article Oct 09

JB Hi-Fi Limited (ASX:JBH) Shares Could Be 20% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, JB Hi-Fi fair value estimate is AU$143 JB Hi-Fi is estimated...
Analysis Article Aug 27

Weekly Picks: 💸 A dividend-rich sleep-tech play few investors are watching, and 2 other picks.

The main catalyst behind Sleep Cycle’s upside potential, why JB Hi-Fi might have lost its point of difference, and the bear, base and bull case for Figma.
Narrative Update Aug 15

Supply Chain Improvements And E&S Acquisition Will Strengthen Future Operations

The increase in consensus price target for JB Hi-Fi primarily reflects a slight upward revision in revenue growth forecasts, resulting in a higher fair value estimate of A$100.23. Valuation Changes Summary of Valuation Changes for JB Hi-Fi The Consensus Analyst Price Target has risen from A$94.85 to A$100.23.
New Narrative Aug 04

Has JB Hi-Fi Lost Its Point of Difference?

I may be showing my age here, but I feel that a decade or so ago, shopping at JB Hi-Fi was a different experience. There seemed to be a deliberate policy of employing sales staff from alternative subcultures, which gave the stores a unique, edgy vibe.
User avatar
New Narrative Feb 23

Supply Chain Improvements And E&S Acquisition Will Strengthen Future Operations

Acquisition of e&s and strategic memberships are set to boost revenue growth and expand JB Hi-Fi's customer base.

Shareholder Returns

JBHAU Specialty RetailAU Market
7D-15.3%-7.5%-0.6%
1Y-41.4%-35.1%0.04%

Return vs Industry: JBH underperformed the Australian Specialty Retail industry which returned -35.1% over the past year.

Return vs Market: JBH underperformed the Australian Market which returned 0% over the past year.

Price Volatility

Is JBH's price volatile compared to industry and market?
JBH volatility
JBH Average Weekly Movement5.3%
Specialty Retail Industry Average Movement6.7%
Market Average Movement9.8%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.9%

Stable Share Price: JBH has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: JBH's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197417,000Nick Wellswww.jbhifi.com.au

JB Hi-Fi Limited retails home consumer products. It operates through four segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, The Good Guys, and e&s. The company provides computers and tablets; IT accessories and PC parts; headphones, speakers, and audio; smart homes; mobile phones; home appliances comprising large and small appliances, and personal care devices; gaming devices; turntables and vinyl accessories; and collectibles and merchandise, such as trading cards.

JB Hi-Fi Limited Fundamentals Summary

How do JB Hi-Fi's earnings and revenue compare to its market cap?
JBH fundamental statistics
Market capAU$7.57b
Earnings (TTM)AU$489.90m
Revenue (TTM)AU$11.06b
15.4x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JBH income statement (TTM)
RevenueAU$11.06b
Cost of RevenueAU$8.58b
Gross ProfitAU$2.48b
Other ExpensesAU$1.99b
EarningsAU$489.90m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)4.48
Gross Margin22.44%
Net Profit Margin4.43%
Debt/Equity Ratio0%

How did JBH perform over the long term?

See historical performance and comparison

Dividends

4.9%
Current Dividend Yield
75%
Payout Ratio

Does JBH pay a reliable dividends?

See JBH dividend history and benchmarks
When do you need to buy JBH by to receive an upcoming dividend?
JB Hi-Fi dividend dates
Ex Dividend DateAug 27 2026
Dividend Pay DateSep 11 2026
Days until Ex dividend4 days
Days until Dividend pay date19 days

Does JBH pay a reliable dividends?

See JBH dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/21 14:39
End of Day Share Price 2026/08/21 00:00
Earnings2026/06/30
Annual Earnings2026/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

JB Hi-Fi Limited is covered by 26 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas KierathBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Chamithri RatnapalaBell Potter