John Bean Technologies
Market Cap
US$3.6b
Last Updated
2020/01/24 00:43 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.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with moderate growth potential.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.0%
JBT
-1.7%
US Machinery
-0.09%
US Market
1 Year Return
46.2%
JBT
20.1%
US Machinery
23.9%
US Market
Return vs Industry: JBT exceeded the US Machinery industry which returned 22.4% over the past year.
Return vs Market: JBT exceeded the US Market which returned 24.7% over the past year.
Shareholder returns
| JBT | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -1.7% | -0.09% |
| 30 Day | 1.4% | -0.9% | 3.1% |
| 90 Day | 8.5% | 5.0% | 10.4% |
| 1 Year | 46.8%46.2% | 22.4%20.1% | 26.6%23.9% |
| 3 Year | 33.6%31.9% | 39.3%30.3% | 50.9%41.2% |
| 5 Year | 290.9%280.0% | 77.6%56.2% | 78.1%58.5% |
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
21 hours ago | Simply Wall St
Can You Imagine How Chuffed John Bean Technologies's (NYSE:JBT) Shareholders Feel About Its 260% Share Price Gain?1 week ago | Simply Wall St
John Bean Technologies's (NYSE:JBT) Earnings Are Growing But Is There More To The Story?3 weeks ago | Simply Wall St
Is John Bean Technologies Corporation (NYSE:JBT) Worth US$113 Based On Its Intrinsic Value?Valuation
Is John Bean Technologies undervalued compared to its fair value and its price relative to the market?
28.13x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: JBT ($110.71) is trading above our estimate of fair value ($92.1)
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 (27.1x) compared to the Machinery industry average (23.4x).
PE vs Market: JBT is poor value based on its PE Ratio (27.1x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: JBT is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: JBT is overvalued based on its PB Ratio (6.7x) compared to the US Machinery industry average (2.5x).
Next Steps
Future Growth
How is John Bean Technologies forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
17.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JBT's forecast earnings growth (17.8% per year) is above the savings rate (1.7%).
Earnings vs Market: JBT's earnings (17.8% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: JBT's earnings are forecast to grow, but not significantly.
Revenue vs Market: JBT's revenue (3.8% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: JBT's revenue (3.8% 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 high in 3 years time (23.2%)
Next Steps
Past Performance
How has John Bean Technologies performed over the past 5 years?
23.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JBT has high quality earnings.
Growing Profit Margin: JBT's current net profit margins (6.7%) are higher than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: JBT's earnings have grown significantly by 23.9% per year over the past 5 years.
Accelerating Growth: JBT's earnings growth over the past year (60%) exceeds its 5-year average (23.9% per year).
Earnings vs Industry: JBT earnings growth over the past year (60%) exceeded the Machinery industry 9.6%.
Return on Equity
High ROE: Whilst JBT's Return on Equity (24.84%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is John Bean Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: JBT's short term assets ($725.1M) exceed its short term liabilities ($472.8M).
Long Term Liabilities: JBT's short term assets ($725.1M) do not cover its long term liabilities ($922.3M).
Debt to Equity History and Analysis
Debt Level: JBT's debt to equity ratio (147.1%) is considered high.
Reducing Debt: JBT's debt to equity ratio has increased from 84.4% to 147.1% over the past 5 years.
Debt Coverage: JBT's debt is well covered by operating cash flow (21.1%).
Interest Coverage: JBT's interest payments on its debt are well covered by EBIT (11x coverage).
Balance Sheet
Inventory Level: JBT has a high level of physical assets or inventory.
Debt Coverage by Assets: JBT's 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?
0.35%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: JBT's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: JBT's dividend (0.36%) is low compared to the top 25% of dividend payers in the US market (3.66%).
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
What is the CEO of John Bean Technologies's salary, the management and board of directors tenure and is there insider trading?
2.9yrs
Average management tenure
CEO
Tom Giacomini (53yo)
6.3yrs
Tenure
US$4,854,359
Compensation
Mr. Thomas W. Giacomini, also known as Tom, has been the Chief Executive Officer and President at John Bean Technologies Corporation since September 09, 2013 and has been its Chairman since May 20, 2014. M ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD4.85M) is about average for companies of similar size in the US market ($USD4.99M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.9yrs
Average Tenure
49.5yo
Average Age
Experienced Management: JBT's management team is considered experienced (2.9 years average tenure).
Board Age and Tenure
9.1yrs
Average Tenure
66yo
Average Age
Experienced Board: JBT's board of directors are considered experienced (9.1 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Dave Burdakin (63yo)
Executive VP & President of JBT AeroTech
- Tenure: 5.7yrs
- Compensation: US$1.15m
Tom Giacomini (53yo)
Chairman of the Board
- Tenure: 6.3yrs
- Compensation: US$4.85m
Carlos Carbó Fernández (49yo)
Executive VP & President of Liquid Foods
- Tenure: 2.4yrs
- Compensation: US$888.09k
James Marvin (58yo)
Executive VP
- Tenure: 5.7yrs
- Compensation: US$879.25k
Paul Sternlieb (46yo)
Executive VP & President of Protein
- Tenure: 2.3yrs
- Compensation: US$1.13m
Megan Rattigan (50yo)
Vice President of Investor Relations & Controller
- Tenure: 1yrs
Brian Deck (50yo)
Executive VP & CFO
- Tenure: 5.9yrs
- Compensation: US$1.44m
Jason Clayton (42yo)
Executive Vice President of Human Resources
- Tenure: 3.3yrs
Jessi Corcoran (36yo)
Chief Accounting Officer & Assistant Corporate Controller
- Tenure: 1.4yrs
Bryant Lowery (47yo)
Executive VP & Chief Procurement Officer
- Tenure: 1.2yrs
Board Members
Alan Feldman (68yo)
Independent Director
- Tenure: 11.6yrs
- Compensation: US$214.95k
Jim Ringler (74yo)
Independent Director
- Tenure: 11.6yrs
- Compensation: US$196.62k
Polly Kawalek (64yo)
Independent Director
- Tenure: 11.6yrs
- Compensation: US$214.99k
James Goodwin (75yo)
Lead Independent Director
- Tenure: 6.7yrs
- Compensation: US$223.28k
Caroline Devine (68yo)
Independent Director
- Tenure: 11.6yrs
- Compensation: US$206.62k
Tom Giacomini (53yo)
Chairman of the Board
- Tenure: 6.3yrs
- Compensation: US$4.85m
Barb Braiser (60yo)
Director
- Tenure: 0.8yrs
Emmanuel Lagarrigue (49yo)
Director
- Tenure: 0.8yrs
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$3.633b
- Shares outstanding: 31.67m
- 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 AeroTech segments. It provides chilling, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, frying, freezing, weighing, X-ray food inspection, and packaging systems for poultry, beef, pork, and seafood, as well as ready-to-eat meals, fruits, vegetables, dairy, and bakery products; solutions to extract, concentrate, and aseptically process citrus, tomato and other fruits, vegetables, and juices; and solutions for the filling, closing, and preservation of fruits, vegetables, soups, sauces, and dairy and pet food products, as well as ready-to-eat meals. The company also offers automated guided vehicle systems for material handling in the manufacturing and warehouse industries; packaging material components, such as metal clips and hanging loops; labeling systems; and aftermarket products, parts, and services. In addition, it 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. Further, the company 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. It provides its products under the DSI, Stein, THERMoFIN, GYRoCOMPACT, JSO Jet Stream, Double D, Revoband, FLoFREEZE, ADVANTEC, SuperTRAK, and READYGo trademarks; and Frigoscandia brand. The company markets and sells its products and solutions through direct sales force, independent distributors, and sales representatives in the United States and internationally. John Bean Technologies Corporation is headquartered in Chicago, Illinois.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/24 00:43 |
| End of Day Share Price | 2020/01/23 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.