John Bean Technologies
Market Cap
US$4.0b
Last Updated
2021/01/24 00:27 UTC
Data Sources
Company Financials +
Executive Summary
John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with questionable track record.
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
Stable Share Price: JBT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: JBT's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-0.6%
JBT
1.4%
US Machinery
2.3%
US Market
1 Year Return
11.1%
JBT
27.5%
US Machinery
23.8%
US Market
Return vs Industry: JBT underperformed the US Machinery industry which returned 27.5% over the past year.
Return vs Market: JBT underperformed the US Market which returned 23.8% over the past year.
Shareholder returns
| JBT | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 1.4% | 2.3% |
| 30 Day | 6.6% | 6.6% | 4.8% |
| 90 Day | 39.9% | 16.1% | 14.5% |
| 1 Year | 11.6%11.1% | 30.7%27.5% | 26.6%23.8% |
| 3 Year | 9.2%7.9% | 29.1%19.9% | 45.0%35.4% |
| 5 Year | 180.3%174.0% | 169.2%139.5% | 126.2%101.0% |
Long-Term 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
6 days ago | Simply Wall St
John Bean Technologies (NYSE:JBT) Has A Pretty Healthy Balance Sheet3 weeks ago | Simply Wall St
When Should You Buy John Bean Technologies Corporation (NYSE:JBT)?1 month ago | Simply Wall St
Our Take On The Returns On Capital At John Bean Technologies (NYSE:JBT)Valuation
Is John Bean Technologies undervalued compared to its fair value and its price relative to the market?
33.22x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: JBT ($125.51) is trading above our estimate of fair value ($53.49)
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 (33.2x) compared to the US Machinery industry average (33x).
PE vs Market: JBT is poor value based on its PE Ratio (33.2x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: JBT is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: JBT is overvalued based on its PB Ratio (6.5x) compared to the US Machinery industry average (3.1x).
Next Steps
Future Growth
How is John Bean Technologies forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
16.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JBT's forecast earnings growth (16.5% per year) is above the savings rate (2%).
Earnings vs Market: JBT's earnings (16.5% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: JBT's earnings are forecast to grow, but not significantly.
Revenue vs Market: JBT's revenue (4.5% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: JBT's revenue (4.5% per year) is forecast to grow slower than 20% 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 (18.8%).
Next Steps
Past Performance
How has John Bean Technologies performed over the past 5 years?
20.1%
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 lower than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: JBT's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: JBT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JBT had negative earnings growth (-7.1%) over the past year, making it difficult to compare to the Machinery industry average (-15.5%).
Return on Equity
High ROE: JBT's Return on Equity (19.8%) is considered low.
Next Steps
Financial Health
How is John Bean Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: JBT's short term assets ($634.5M) exceed its short term liabilities ($434.6M).
Long Term Liabilities: JBT's short term assets ($634.5M) do not cover its long term liabilities ($765.9M).
Debt to Equity History and Analysis
Debt Level: JBT's debt to equity ratio (93.5%) is considered high.
Reducing Debt: JBT's debt to equity ratio has reduced from 194.6% to 93.5% over the past 5 years.
Debt Coverage: JBT's debt is well covered by operating cash flow (41.3%).
Interest Coverage: JBT's interest payments on its debt are well covered by EBIT (11x coverage).
Balance Sheet
Next Steps
Dividend
What is John Bean Technologies's current dividend yield, its reliability and sustainability?
0.32%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JBT's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: JBT's dividend (0.32%) is low compared to the top 25% of dividend payers in the US market (3.86%).
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Brian Deck (51 yo)
0.58
Tenure
US$1,927,614
Compensation
Mr. Brian A. Deck has been President, Chief Executive Officer and Director at John Bean Technologies Corporation since December 11, 2020. He had been Interim President and Chief Executive Officer of John B...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD1.93M) is below average for companies of similar size in the US market ($USD5.01M).
Compensation vs Earnings: Brian's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.58yr | US$1.93m | 0.17% $ 6.9m | |
| Executive VP & President of JBT AeroTech | 6.67yrs | US$1.68m | 0.13% $ 5.2m | |
| Executive VP & President of Liquid Foods | 3.42yrs | US$1.22m | 0.068% $ 2.7m | |
| Executive VP & President of Protein | 3.25yrs | US$1.36m | 0.034% $ 1.4m | |
| Executive VP & CFO | 0.33yr | no data | 0.0064% $ 256.5k | |
| VP, Corporate Controller & Principal Accounting Officer | 2.42yrs | no data | 0.0020% $ 79.2k | |
| Executive VP | 3.33yrs | no data | 0.0025% $ 100.0k | |
| Vice President of Investor Relations | 2yrs | no data | no data | |
| Executive VP | 6.67yrs | US$879.25k | 0.056% $ 2.2m | |
| Executive Vice President of Human Resources | 4.33yrs | no data | 0.022% $ 873.7k | |
| Executive VP & Chief Procurement Officer | 2.17yrs | no data | 0.014% $ 548.0k | |
| Deputy General Counsel & Secretary | no data | no data | no data |
3.3yrs
Average Tenure
49yo
Average Age
Experienced Management: JBT's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.58yr | US$1.93m | 0.17% $ 6.9m | |
| Independent Director | 0.83yr | no data | 0.0070% $ 279.2k | |
| Independent Director | 12.58yrs | US$200.02k | 0.14% $ 5.8m | |
| Independent Director | 12.58yrs | US$217.12k | 0.22% $ 8.6m | |
| Lead Independent Director | 7.67yrs | US$230.02k | 0.16% $ 6.5m | |
| Independent Director | 12.58yrs | US$206.69k | 0.16% $ 6.3m | |
| Independent Director | 1.75yrs | US$153.35k | 0.0087% $ 344.9k | |
| Independent Director | 1.75yrs | US$200.03k | 0.014% $ 575.0k |
4.7yrs
Average Tenure
65.5yo
Average Age
Experienced Board: JBT's board of directors are considered experienced (4.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JBT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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: 1994
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$3.982b
- Shares outstanding: 31.73m
- 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
| 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 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/24 00:27 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.