Jollibee Foods Corporation, doing business as Jollibee, together with its subsidiaries, develops, operates, and franchises quick service restaurants.
Average dividend payer with mediocre balance sheet.
Share Price & News
How has Jollibee Foods's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JBFC.Y has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: JBFC.Y underperformed the US Hospitality industry which returned -41.4% over the past year.
Return vs Market: JBFC.Y underperformed the US Market which returned -11.5% over the past year.
Price Volatility Vs. Market
How volatile is Jollibee Foods's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Jollibee Foods undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JBFC.Y ($8.5) is trading below our estimate of fair value ($9.67)
Significantly Below Fair Value: JBFC.Y is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: JBFC.Y is poor value based on its PE Ratio (17.2x) compared to the Hospitality industry average (12.7x).
PE vs Market: JBFC.Y is poor value based on its PE Ratio (17.2x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: JBFC.Y is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: JBFC.Y is overvalued based on its PB Ratio (2.3x) compared to the US Hospitality industry average (1.4x).
How is Jollibee Foods forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JBFC.Y's forecast earnings growth (7.8% per year) is above the savings rate (1.7%).
Earnings vs Market: JBFC.Y's earnings (7.8% per year) are forecast to grow slower than the US market (12.3% per year).
High Growth Earnings: JBFC.Y's earnings are forecast to grow, but not significantly.
Revenue vs Market: JBFC.Y's revenue (11.4% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: JBFC.Y's revenue (11.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JBFC.Y's Return on Equity is forecast to be low in 3 years time (10.8%).
How has Jollibee Foods performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JBFC.Y has a large one-off gain of PHP4.4B impacting its September 30 2019 financial results.
Growing Profit Margin: JBFC.Y's current net profit margins (4%) are lower than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: JBFC.Y's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: JBFC.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JBFC.Y had negative earnings growth (-16.2%) over the past year, making it difficult to compare to the Hospitality industry average (1.7%).
Return on Equity
High ROE: JBFC.Y's Return on Equity (12.2%) is considered low.
How is Jollibee Foods's financial position?
Financial Position Analysis
Short Term Liabilities: JBFC.Y's short term assets (PHP44.6B) do not cover its short term liabilities (PHP57.4B).
Long Term Liabilities: JBFC.Y's short term assets (PHP44.6B) exceed its long term liabilities (PHP29.9B).
Debt to Equity History and Analysis
Debt Level: JBFC.Y's debt to equity ratio (84.7%) is considered high.
Reducing Debt: JBFC.Y's debt to equity ratio has increased from 19.8% to 84.7% over the past 5 years.
Debt Coverage: JBFC.Y's debt is well covered by operating cash flow (25.8%).
Interest Coverage: JBFC.Y's interest payments on its debt are well covered by EBIT (6.5x coverage).
Inventory Level: JBFC.Y has a high level of physical assets or inventory.
Debt Coverage by Assets: JBFC.Y's debt is not covered by short term assets (assets are 1x debt).
What is Jollibee Foods's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JBFC.Y's dividend (2.41%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: JBFC.Y's dividend (2.41%) is low compared to the top 25% of dividend payers in the US market (5.45%).
Stability and Growth of Payments
Stable Dividend: JBFC.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: JBFC.Y's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.4%), JBFC.Y's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JBFC.Y's dividends in 3 years are forecast to be well covered by earnings (36.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ernesto Tanmantiong (61yo)
Mr. Ernesto Tanmantiong has been the Chief Executive Officer and President of Jollibee Foods Corp. since January 1, 2014. Mr. Tanmantiong served as Chief Operating Officer of Jollibee Foods Corp. from Janu ...
|President||6.17yrs||no data||0.72% PHP16.5m|
|CFO, Compliance Officer & VP of Corporate Finance||no data||no data||0.083% PHP1.9m|
|Head of Corporate Legal & Ethics||no data||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Chief Marketing Officer||no data||no data||no data|
|Chief Human Resources Officer||1.25yrs||no data||no data|
|Chief Procurement Officer||no data||no data||no data|
|Head of Foreign Franchised Brands & Country Head of North America - US & Canada||no data||no data||no data|
|Chairman of JFC China||no data||no data||no data|
|Head of Corporate Research & Development and VP||12.17yrs||no data||no data|
Experienced Management: JBFC.Y's management team is seasoned and experienced (6.2 years average tenure).
|President||6.17yrs||no data||0.72% PHP16.5m|
|Chief Real Estate Executive||27.17yrs||no data||0.78% PHP18.0m|
|Treasurer||7.17yrs||no data||0.0059% PHP135.5k|
|Director||42.17yrs||no data||no data|
|Chairman of the Board||6.17yrs||no data||0.77% PHP17.8m|
|Lead Independent Director||1.75yrs||no data||0.000010% PHP230.0|
|Director||42.17yrs||no data||no data|
|Chairman Emeritus||24.17yrs||no data||no data|
|Independent Director||9.75yrs||no data||no data|
|Director||7.75yrs||no data||0.0021% PHP47.8k|
Experienced Board: JBFC.Y's board of directors are seasoned and experienced ( 17 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.
Jollibee Foods Corporation's company bio, employee growth, exchange listings and data sources
- Name: Jollibee Foods Corporation
- Ticker: JBFC.Y
- Exchange: OTCPK
- Founded: 1975
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: ₱117.422b
- Listing Market Cap: ₱2.300b
- Shares outstanding: 1.10b
- Website: https://www.jollibee.com.ph
Number of Employees
- Jollibee Foods Corporation
- Jollibee Plaza Building
- 10th Floor
- Pasig City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JBFC.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 1994|
|JFC||PSE (Philippines Stock Exchange)||Yes||Common Shares||PH||PHP||Feb 1994|
|JBFC.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||May 2012|
Jollibee Foods Corporation, doing business as Jollibee, together with its subsidiaries, develops, operates, and franchises quick service restaurants. The company operates quick service restaurants under the Jollibee, Chowking, Greenwich, Red Ribbon, Yong He King, Hong Zhuang Yuan, Mang Inasal, Burger King, Highlands Coffee, Pho24, Hard Rock Cafe, Dunkin’ Donuts, Smashburger, Tim Ho Wan, and Tortas Frontera names. As of December 20, 2019, it operated approximately 5,800 stores in the Philippines, the United States, Canada, the People’s Republic of China, Hong Kong, Macau, the United Kingdom, Italy, Vietnam, Brunei, Singapore, Saudi Arabia, the United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Indonesia, Costa Rica, Egypt, El Salvador, Panama, and Malaysia. The company also offers property leasing, manufacturing, digital printing, advertising, financial accounting, human resources and logistics, business management, and other services. Jollibee Foods Corporation was founded in 1975 and is headquartered in Pasig City, the Philippines.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 04:29|
|End of Day Share Price||2020/03/26 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.