JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products.
JB Hi-Fi Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$45.64|
|52 Week High||AU$42.30|
|52 Week Low||AU$55.25|
|1 Month Change||-8.08%|
|3 Month Change||-6.23%|
|1 Year Change||-3.00%|
|3 Year Change||82.41%|
|5 Year Change||55.72%|
|Change since IPO||1,928.44%|
Recent News & Updates
|JBH||AU Specialty Retail||AU Market|
Return vs Industry: JBH underperformed the Australian Specialty Retail industry which returned 37.9% over the past year.
Return vs Market: JBH underperformed the Australian Market which returned 27% over the past year.
Stable Share Price: JBH is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: JBH's weekly volatility (3%) has been stable over the past year.
About the Company
JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It offers consumer electronics products and services, including televisions, audio equipment, computers, and cameras; telecommunications products and services; software products, such as music, movies, TV shows, and games; musical instruments; and home appliances comprising washers and dryers, fridges and freezers, vacuuming and cleaning, microwaves and dishwashers, coffee machines, small kitchen appliances, and heating and cooling products.
Is JB Hi-Fi undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: JBH (A$45.64) is trading above our estimate of fair value (A$44.25)
Significantly Below Fair Value: JBH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JBH is good value based on its PE Ratio (10.4x) compared to the Australian Specialty Retail industry average (11.4x).
PE vs Market: JBH is good value based on its PE Ratio (10.4x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: JBH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: JBH's PB Ratio (4x) is in line with the AU Specialty Retail industry average.
How is JB Hi-Fi forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JBH's earnings are forecast to decline over the next 3 years (-7.4% per year).
Earnings vs Market: JBH's earnings are forecast to decline over the next 3 years (-7.4% per year).
High Growth Earnings: JBH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: JBH's revenue (0.7% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: JBH's revenue (0.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JBH's Return on Equity is forecast to be high in 3 years time (23.5%)
How has JB Hi-Fi performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JBH has high quality earnings.
Growing Profit Margin: JBH's current net profit margins (5.7%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: JBH's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: JBH's earnings growth over the past year (67.4%) exceeds its 5-year average (22.8% per year).
Earnings vs Industry: JBH earnings growth over the past year (67.4%) underperformed the Specialty Retail industry 90.7%.
Return on Equity
High ROE: JBH's Return on Equity (38.7%) is considered high.
How is JB Hi-Fi's financial position?
Financial Position Analysis
Short Term Liabilities: JBH's short term assets (A$1.4B) exceed its short term liabilities (A$1.4B).
Long Term Liabilities: JBH's short term assets (A$1.4B) exceed its long term liabilities (A$591.6M).
Debt to Equity History and Analysis
Debt Level: JBH is debt free.
Reducing Debt: JBH has no debt compared to 5 years ago when its debt to equity ratio was 27.6%.
Debt Coverage: JBH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JBH has no debt, therefore coverage of interest payments is not a concern.
What is JB Hi-Fi current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JBH's dividend (6.29%) is higher than the bottom 25% of dividend payers in the Australian market (2.3%).
High Dividend: JBH's dividend (6.29%) is in the top 25% of dividend payers in the Australian market (5.41%)
Stability and Growth of Payments
Stable Dividend: JBH's dividend payments have been volatile in the past 10 years.
Growing Dividend: JBH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.1%), JBH's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JBH's dividends in 3 years are forecast to be covered by earnings (65.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Terry Smart (56 yo)
Mr. Terry David Smart serves as Chief Executive Officer and Executive Director at JB Hi-Fi Limited since August 27, 2021. He had been Managing Director of The Good Guys at JB Hi-Fi Limited since April 18,...
CEO Compensation Analysis
Compensation vs Market: Terry's total compensation ($USD1.66M) is about average for companies of similar size in the Australian market ($USD1.73M).
Compensation vs Earnings: Terry's compensation has been consistent with company performance over the past year.
Experienced Management: JBH's management team is considered experienced (3.1 years average tenure).
Experienced Board: JBH's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JBH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
JB Hi-Fi Limited's employee growth, exchange listings and data sources
- Name: JB Hi-Fi Limited
- Ticker: JBH
- Exchange: ASX
- Founded: 1974
- Industry: Computer and Electronics Retail
- Sector: Retail
- Market Cap: AU$5.249b
- Shares outstanding: 115.00m
- Website: https://www.jbhifi.com.au
Number of Employees
- JB Hi-Fi Limited
- Podium Level
- 60 City Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 08:03|
|End of Day Share Price||2021/09/17 00:00|
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 here.