Jabil Inc.

DB:JBL Stock Report

Market Cap: €13.7b

Jabil Valuation

Is JBL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of JBL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: JBL (€121.5) is trading below our estimate of fair value (€266.36)

Significantly Below Fair Value: JBL is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JBL?

Key metric: As JBL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for JBL. This is calculated by dividing JBL's market cap by their current earnings.
What is JBL's PE Ratio?
PE Ratio10.4x
EarningsUS$1.39b
Market CapUS$14.47b

Price to Earnings Ratio vs Peers

How does JBL's PE Ratio compare to its peers?

The above table shows the PE ratio for JBL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.5x
DAM DATA MODUL Produktion und Vertrieb von elektronischen Systemen
13.5x15.3%€102.3m
FLEX Flex
17.1x13.9%US$14.4b
002241 Goertek
32.8x19.8%CN¥83.4b
JEN Jenoptik
14.5x13.3%€1.2b
JBL Jabil
10.4x-16.7%€14.5b

Price-To-Earnings vs Peers: JBL is good value based on its Price-To-Earnings Ratio (10.4x) compared to the peer average (19.5x).

Price to Earnings Ratio vs Industry

How does JBL's PE Ratio compare vs other companies in the European Electronic Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
JBL 10.4xIndustry Avg. 17.7xNo. of Companies17PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: JBL is good value based on its Price-To-Earnings Ratio (10.4x) compared to the European Electronic industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is JBL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JBL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.4x
Fair PE Ratio8.7x

Price-To-Earnings vs Fair Ratio: JBL is expensive based on its Price-To-Earnings Ratio (10.4x) compared to the estimated Fair Price-To-Earnings Ratio (8.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst JBL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€121.50
€132.49
+9.0%
6.9%€146.32€117.06n/a8
Nov ’25€116.50
€132.49
+13.7%
6.9%€146.32€117.06n/a8
Oct ’25€106.20
€128.72
+21.2%
8.4%€144.54€112.84n/a8
Sep ’25€98.18
€124.13
+26.4%
8.1%€147.26€110.45n/a8
Aug ’25€102.65
€124.13
+20.9%
8.1%€147.26€110.45n/a8
Jul ’25€101.75
€129.19
+27.0%
8.3%€149.63€112.22n/a8
Jun ’25€109.45
€135.66
+23.9%
6.0%€147.39€119.76n/a8
May ’25€111.65
€137.23
+22.9%
5.5%€148.06€120.30n/a9
Apr ’25€125.00
€137.23
+9.8%
5.5%€148.06€120.30n/a9
Mar ’25€136.20
€135.26
-0.7%
6.0%€147.39€119.76n/a9
Feb ’25€116.40
€135.26
+16.2%
6.0%€147.39€119.76n/a9
Jan ’25€114.60
€135.40
+18.1%
6.2%€146.56€119.08n/a8
Dec ’24€106.40
€127.37
+19.7%
7.8%€145.82€111.19n/a8
Nov ’24€117.80
€133.32
+13.2%
7.9%€150.88€115.05€116.508
Oct ’24€119.00
€126.04
+5.9%
8.5%€141.89€113.51€106.208
Sep ’24€106.00
€109.08
+2.9%
5.1%€116.47€101.68€98.187
Aug ’24€99.10
€104.98
+5.9%
4.8%€112.22€97.97€102.658
Jul ’24€98.00
€101.35
+3.4%
10.3%€114.26€76.78€101.758
Jun ’24€83.60
€87.44
+4.6%
10.5%€103.15€73.14€109.458
May ’24€70.30
€87.44
+24.4%
10.5%€103.15€73.14€111.658
Apr ’24€79.79
€87.44
+9.6%
10.5%€103.15€73.14€125.008
Mar ’24€78.33
€81.81
+4.4%
10.6%€103.30€73.25€136.209
Feb ’24€72.41
€78.12
+7.9%
5.7%€84.67€71.78€116.409
Jan ’24€63.81
€77.35
+21.2%
6.0%€86.74€69.20€114.609
Dec ’23€68.94
€78.30
+13.6%
4.4%€83.20€73.05€106.408
Nov ’23€66.04
€78.30
+18.6%
4.4%€83.20€73.05€117.808

Analyst Forecast: Target price is less than 20% higher than the current share price.

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