NYSE:JBT

Stock Analysis Report

Executive Summary

John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries.

Snowflake

Fundamentals

Acceptable track record with limited growth.


Similar Companies

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


Market Performance


7 Day Return

-6.3%

JBT

-2.6%

US Machinery

-0.6%

US Market


1 Year Return

-13.6%

JBT

-7.4%

US Machinery

0.7%

US Market

JBT underperformed the Machinery industry which returned -7.5% over the past year.

JBT underperformed the Market in United States of America which returned 0.7% over the past year.


Share holder returns

JBTIndustryMarket
7 Day-6.3%-2.6%-0.6%
30 Day1.8%9.5%4.9%
90 Day-10.7%-1.8%1.7%
1 Year-13.2%-13.6%-5.4%-7.4%3.0%0.7%
3 Year54.5%52.5%48.1%38.5%44.8%35.4%
5 Year272.3%261.2%54.3%35.3%62.0%44.3%

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

2 weeks ago | Simply Wall St

Are John Bean Technologies Corporation’s (NYSE:JBT) High Returns Really That Great?

Valuation

Is John Bean Technologies undervalued based on future cash flows and its price relative to the stock market?

14%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

John Bean Technologies's share price is below the future cash flow value, but not at a moderate discount (< 20%).

John Bean Technologies's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

John Bean Technologies is overvalued based on earnings compared to the US Machinery industry average.

John Bean Technologies is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

John Bean Technologies is poor value based on expected growth next year.


Price Based on Value of Assets

John Bean Technologies is overvalued based on assets compared to the US Machinery industry average.


Next Steps

Future Growth

How is John Bean Technologies expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

19.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

John Bean Technologies's revenue is expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).

John Bean Technologies's earnings are expected to grow by 19.6% yearly, however this is not considered high growth (20% yearly).

John Bean Technologies's revenue growth is positive but not above the United States of America market average.

John Bean Technologies's earnings growth is expected to exceed the United States of America market average.

John Bean Technologies's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if John Bean Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has John Bean Technologies performed over the past 5 years?

24.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

John Bean Technologies has delivered over 20% year on year earnings growth in the past 5 years.

John Bean Technologies's 1-year earnings growth exceeds its 5-year average (51.3% vs 24.3%)

John Bean Technologies's earnings growth has exceeded the US Machinery industry average in the past year (51.3% vs 18.7%).


Return on Equity

Whilst John Bean Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

John Bean Technologies used its assets less efficiently than the US Machinery industry average last year based on Return on Assets.


Return on Capital Employed

John Bean Technologies's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is John Bean Technologies's financial position?


Financial Position Analysis

John Bean Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

John Bean Technologies's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

John Bean Technologies's level of debt (154.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (89.3% vs 154.9% today).

Debt is not well covered by operating cash flow (19.7%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 13.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.9x debt.


Next Steps

Dividend

What is John Bean Technologies's current dividend yield, its reliability and sustainability?

0.39%

Expected Dividend Yield


Dividend Yield and Payments Analysis

John Bean Technologies's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

John Bean Technologies's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

John Bean Technologies is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

John Bean Technologies is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of John Bean Technologies's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of John Bean Technologies's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of John Bean Technologies's salary, the management and board of directors tenure and is there insider trading?

2.5yrs

Average management tenure


CEO

Tom Giacomini (53yo)

6yrs

Tenure

US$4,854,359

Compensation

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

Tom's remuneration is about average for companies of similar size in United States of America.

Tom's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.5yrs

Average Tenure

49.5yo

Average Age

The tenure for the John Bean Technologies management team is about average.


Board Age and Tenure

8.8yrs

Average Tenure

66yo

Average Age

The tenure for the John Bean Technologies board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$80,56030 Nov 18
Carlos Carbó Fernández
EntityIndividual
Role
Senior Key Executive
Executive VP & President of Liquid Foods
Shares1,000
Max PriceUS$80.56

Ownership Breakdown


Management Team

  • Dave Burdakin (63yo)

    Executive VP & President of JBT AeroTech

    • Tenure: 5.3yrs
    • Compensation: US$1.15m
  • Tom Giacomini (53yo)

    Chairman of the Board

    • Tenure: 6yrs
    • Compensation: US$4.85m
  • Carlos Carbó Fernández (49yo)

    Executive VP & President of Liquid Foods

    • Tenure: 2.1yrs
    • Compensation: US$888.09k
  • James Marvin (58yo)

    Executive VP

    • Tenure: 5.3yrs
    • Compensation: US$879.25k
  • Paul Sternlieb (46yo)

    Executive VP & President of Protein

    • Tenure: 1.9yrs
    • Compensation: US$1.13m
  • Megan Rattigan (50yo)

    Vice President of Investor Relations & Controller

    • Tenure: 0.7yrs
  • Brian Deck (50yo)

    Executive VP & CFO

    • Tenure: 5.6yrs
    • Compensation: US$1.44m
  • Jason Clayton (42yo)

    Executive Vice President of Human Resources

    • Tenure: 3yrs
  • Jessi Corcoran (35yo)

    Chief Accounting Officer & Assistant Corporate Controller

    • Tenure: 1.1yrs
  • Bryant Lowery (47yo)

    Executive VP & Chief Procurement Officer

    • Tenure: 0.8yrs

Board Members

  • Alan Feldman (68yo)

    Director

    • Tenure: 11.3yrs
    • Compensation: US$214.95k
  • Jim Ringler (74yo)

    Director

    • Tenure: 11.3yrs
    • Compensation: US$196.62k
  • Polly Kawalek (64yo)

    Director

    • Tenure: 11.3yrs
    • Compensation: US$214.99k
  • James Goodwin (75yo)

    Lead Independent Director

    • Tenure: 6.3yrs
    • Compensation: US$223.28k
  • Caroline Devine (68yo)

    Director

    • Tenure: 11.3yrs
    • Compensation: US$206.62k
  • Tom Giacomini (53yo)

    Chairman of the Board

    • Tenure: 6yrs
    • Compensation: US$4.85m
  • Barb Brasier (60yo)

    Director

    • Tenure: 0.4yrs
  • Emmanuel Lagarrigue (49yo)

    Director

    • Tenure: 0.4yrs

Company Information

John Bean Technologies Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: John Bean Technologies Corporation
  • Ticker: JBT
  • Exchange: NYSE
  • Founded:
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$3.258b
  • Shares outstanding: 31.66m
  • Website: https://www.jbtc.com

Number of Employees


Location

  • John Bean Technologies Corporation
  • 70 West Madison Street
  • Suite 4400
  • Chicago
  • Illinois
  • 60602
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JBTNYSE (New York Stock Exchange)YesCommon StockUSUSDJul 2008
JBTDB (Deutsche Boerse AG)YesCommon StockDEEURJul 2008

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/23 00:12
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.