John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries.
Solid track record with mediocre balance sheet.
Share Price & News
How has John Bean Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JBT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: JBT underperformed the US Machinery industry which returned -25.2% over the past year.
Return vs Market: JBT underperformed the US Market which returned -14.9% over the past year.
Price Volatility Vs. Market
How volatile is John Bean Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Is John Bean Technologies's (NYSE:JBT) P/E Ratio After Its Share Price Tanked?
1 week ago | Simply Wall StWhy John Bean Technologies Corporation (NYSE:JBT) Looks Like A Quality Company
3 weeks ago | Simply Wall StWhat Is John Bean Technologies's (NYSE:JBT) P/E Ratio After Its Share Price Tanked?
Is John Bean Technologies 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: JBT ($66.2) is trading above our estimate of fair value ($32.03)
Significantly Below Fair Value: JBT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JBT is poor value based on its PE Ratio (16.3x) compared to the Machinery industry average (14.8x).
PE vs Market: JBT is poor value based on its PE Ratio (16.3x) compared to the US market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: JBT is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: JBT is overvalued based on its PB Ratio (3.7x) compared to the US Machinery industry average (1.5x).
How is John Bean Technologies forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JBT's forecast earnings growth (6% per year) is above the savings rate (1.7%).
Earnings vs Market: JBT's earnings (6% per year) are forecast to grow slower than the US market (12.2% per year).
High Growth Earnings: JBT's earnings are forecast to grow, but not significantly.
Revenue vs Market: JBT's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: JBT's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JBT's Return on Equity is forecast to be low in 3 years time (18.7%).
How has John Bean Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JBT has high quality earnings.
Growing Profit Margin: JBT's current net profit margins (6.6%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: JBT's earnings have grown significantly by 22.9% per year over the past 5 years.
Accelerating Growth: JBT's earnings growth over the past year (23.9%) exceeds its 5-year average (22.9% per year).
Earnings vs Industry: JBT earnings growth over the past year (23.9%) exceeded the Machinery industry -2%.
Return on Equity
High ROE: Whilst JBT's Return on Equity (22.7%) is high, this metric is skewed due to their high level of debt.
How is John Bean Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: JBT's short term assets ($708.2M) exceed its short term liabilities ($474.5M).
Long Term Liabilities: JBT's short term assets ($708.2M) do not cover its long term liabilities ($870.9M).
Debt to Equity History and Analysis
Debt Level: JBT's debt to equity ratio (122.8%) is considered high.
Reducing Debt: JBT's debt to equity ratio has reduced from 149.3% to 122.8% over the past 5 years.
Debt Coverage: JBT's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: JBT's interest payments on its debt are well covered by EBIT (10.6x coverage).
Inventory Level: JBT has a high level of physical assets or inventory.
Debt Coverage by Assets: JBT's debt is covered by short term assets (assets are 1x debt).
What is John Bean Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JBT's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the US market (2.04%).
High Dividend: JBT's dividend (0.6%) is low compared to the top 25% of dividend payers in the US market (5.7%).
Stability and Growth of Payments
Stable Dividend: JBT is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: JBT is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: JBT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JBT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Giacomini (53yo)
Mr. Thomas W. Giacomini, also known as Tom, has been the Chief Executive Officer and President at John Bean Technologies Corporation since September 09, 2013 and has been its Chairman since May 20, 2014. M ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD4.85M) is about average for companies of similar size in the US market ($USD4.70M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
|Chairman of the Board||6.58yrs||US$4.85m||0.90% $18.9m|
|Executive VP & CFO||6.17yrs||US$1.44m||0.20% $4.1m|
|Executive VP & President of JBT AeroTech||5.92yrs||US$1.15m||0.15% $3.1m|
|Executive VP & President of Liquid Foods||2.67yrs||US$888.09k||0.071% $1.5m|
|Executive VP & President of Protein||2.5yrs||US$1.13m||0.036% $752.4k|
|Chief Accounting Officer & Assistant Corporate Controller||1.67yrs||no data||0.0023% $48.0k|
|Vice President of Investor Relations & Controller||1.25yrs||no data||no data|
|Executive VP||5.92yrs||US$879.25k||0.069% $1.4m|
|Executive Vice President of Human Resources||3.58yrs||no data||0.026% $546.3k|
|Executive VP & Chief Procurement Officer||1.42yrs||no data||0.014% $289.1k|
Experienced Management: JBT's management team is considered experienced (3.1 years average tenure).
|Chairman of the Board||6.58yrs||US$4.85m||0.90% $18.9m|
|Independent Director||11.83yrs||US$214.95k||0.18% $3.8m|
|Director||0.083yr||no data||no data|
|Independent Director||11.83yrs||US$196.62k||0.16% $3.3m|
|Independent Director||11.83yrs||US$214.99k||0.22% $4.6m|
|Lead Independent Director||6.92yrs||US$223.28k||0.16% $3.3m|
|Independent Director||11.83yrs||US$206.62k||0.16% $3.3m|
|Director||1yr||no data||0.0034% $71.5k|
|Director||1yr||no data||0.0057% $119.1k|
Experienced Board: JBT's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
John Bean Technologies Corporation's company bio, employee growth, exchange listings and data sources
- Name: John Bean Technologies Corporation
- Ticker: JBT
- Exchange: NYSE
- Founded: 1994
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$2.096b
- Shares outstanding: 31.67m
- Website: https://www.jbtc.com
Number of Employees
- John Bean Technologies Corporation
- 70 West Madison Street
- Suite 4400
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JBT||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jul 2008|
|JBT||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 2008|
John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries. The company operates through JBT FoodTech and JBT AeroTech segments. It offers poultry processing, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, cooking, frying, freezing, weighing, and X-ray food inspection. The company also provides processing solutions for extracting, mixing, blending, pasteurizing, sterilizing, concentrating, high pressure processing, filling, closing, sealing, and final packaging, as well as processing equipment; preservation systems; and packaging systems for poultry, beef, pork, seafood, ready-to-eat meals, fruits, vegetables, dairy, bakery, pet foods, soups, sauces, and juices. In addition, it offers automated guided vehicle systems for material movement in the manufacturing and warehouse facilities; packaging material components, such as metal clips and hanging loops; and aftermarket products, parts, and services. Further, the company provides mobile air transportation equipment, such as commercial and military cargo loading, aircraft deicing, aircraft towing, and aircraft ground power and cooling systems; and airport gate equipment for passenger boarding. Additionally, it offers airport equipment, systems, and facilities maintenance services to domestic and international airport authorities, passenger airlines, airfreight and ground handling companies, military forces, and defense contractors. The company provides its products under the DSI, Stein, THERMoFIN, GYRoCOMPACT, JSO Jet Stream, Double D, Revoband, FLoFREEZE, ADVANTEC, SuperTRAK, and READYGo trademarks; and Frigoscandia and various other brands. It markets and sells its products and solutions through direct sales force, independent distributors, and sales representatives. John Bean Technologies Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 07:18|
|End of Day Share Price||2020/04/02 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.