NasdaqGS:JBSS

Stock Analysis Report

Executive Summary

John B. Sanfilippo & Son, Inc., together with its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States.

Rewards

PE ratio (23.9x) is below the Food industry average (24.6x)

Earnings grew by 61% over the past year

Risk Analysis

Earnings are forecast to decline by an average of -4.6% per year for the next 3 years

Unstable dividend track record



Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has John B. Sanfilippo & Son's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JBSS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.4%

JBSS

0.2%

US Food

0.8%

US Market


1 Year Return

53.1%

JBSS

9.2%

US Food

17.8%

US Market

Return vs Industry: JBSS exceeded the US Food industry which returned 9.2% over the past year.

Return vs Market: JBSS exceeded the US Market which returned 17.8% over the past year.


Shareholder returns

JBSSIndustryMarket
7 Day-2.4%0.2%0.8%
30 Day-4.3%2.8%1.8%
90 Day0.9%0.3%4.1%
1 Year61.8%53.1%12.3%9.2%20.4%17.8%
3 Year57.0%38.5%2.1%-6.0%45.9%36.4%
5 Year170.7%110.5%41.8%24.6%68.1%49.6%

Price Volatility Vs. Market

How volatile is John B. Sanfilippo & Son's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is John B. Sanfilippo & Son undervalued compared to its fair value and its price relative to the market?

23.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JBSS ($95.49) is trading above our estimate of fair value ($51.63)

Significantly Below Fair Value: JBSS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: JBSS is good value based on its PE Ratio (23.9x) compared to the Food industry average (24.6x).

PE vs Market: JBSS is poor value based on its PE Ratio (23.9x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: JBSS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: JBSS is overvalued based on its PB Ratio (4.6x) compared to the US Food industry average (2.3x).


Next Steps

Future Growth

How is John B. Sanfilippo & Son forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-4.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JBSS's earnings are forecast to decline over the next 3 years (-4.6% per year).

Earnings vs Market: JBSS's earnings are forecast to decline over the next 3 years (-4.6% per year).

High Growth Earnings: JBSS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: JBSS's revenue (4.2% per year) is forecast to grow slower than the US market (7.4% per year).

High Growth Revenue: JBSS's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if JBSS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has John B. Sanfilippo & Son performed over the past 5 years?

6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JBSS has high quality earnings.

Growing Profit Margin: JBSS's current net profit margins (5.1%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: JBSS's earnings have grown by 6.3% per year over the past 5 years.

Accelerating Growth: JBSS's earnings growth over the past year (61%) exceeds its 5-year average (6.3% per year).

Earnings vs Industry: JBSS earnings growth over the past year (61%) exceeded the Food industry -17.5%.


Return on Equity

High ROE: JBSS's Return on Equity (19.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is John B. Sanfilippo & Son's financial position?


Financial Position Analysis

Short Term Liabilities: JBSS's short term assets ($223.1M) exceed its short term liabilities ($104.4M).

Long Term Liabilities: JBSS's short term assets ($223.1M) exceed its long term liabilities ($54.8M).


Debt to Equity History and Analysis

Debt Level: JBSS's debt to equity ratio (18.3%) is considered satisfactory.

Reducing Debt: JBSS's debt to equity ratio has reduced from 25.3% to 18.3% over the past 5 years.

Debt Coverage: JBSS's debt is well covered by operating cash flow (210.5%).

Interest Coverage: JBSS's interest payments on its debt are well covered by EBIT (23.8x coverage).


Balance Sheet

Inventory Level: JBSS has a high level of physical assets or inventory.

Debt Coverage by Assets: JBSS's debt is covered by short term assets (assets are 5.2x debt).


Next Steps

Dividend

What is John B. Sanfilippo & Son's current dividend yield, its reliability and sustainability?

2.72%

Current Dividend Yield


Dividend Yield vs Market

company2.7%marketbottom25%1.4%markettop25%3.7%industryaverage2.7%forecastin3Years1.9%

Current dividend yield vs market & industry

Notable Dividend: JBSS's dividend (2.72%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: JBSS's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (3.72%).


Stability and Growth of Payments

Stable Dividend: JBSS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: JBSS's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15%), JBSS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of John B. Sanfilippo & Son's salary, the management and board of directors tenure and is there insider trading?

12.3yrs

Average management tenure


CEO

Jeffrey Sanfilippo (56yo)

13.1yrs

Tenure

US$2,627,790

Compensation

Mr. Jeffrey T. Sanfilippo has been the Chief Executive Officer of John B. Sanfilippo & Son, Inc. since November 6, 2006. Mr. Sanfilippo has been employed by John B. Sanfilippo & Son, Inc. since 1991. Mr. S ...


CEO Compensation Analysis

Compensation vs Market: Jeffrey's total compensation ($USD2.63M) is about average for companies of similar size in the US market ($USD2.65M).

Compensation vs Earnings: Jeffrey's compensation has increased by more than 20% in the past year.


Management Age and Tenure

12.3yrs

Average Tenure

58yo

Average Age

Experienced Management: JBSS's management team is seasoned and experienced (12.3 years average tenure).


Board Age and Tenure

16.0yrs

Average Tenure

60yo

Average Age

Experienced Board: JBSS's board of directors are seasoned and experienced ( 16 years average tenure).


Insider Trading

Insider Buying: JBSS insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$99,18711 Dec 19
Mathias Valentine
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,020
Max PriceUS$97.24
SellUS$922,60909 Dec 19
Jasper Sanfilippo
EntityIndividual
Role
Member of the Board of Directors
COO, President
Shares9,405
Max PriceUS$98.15
SellUS$206,79509 Dec 19
James Sanfilippo
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,107
Max PriceUS$98.15
SellUS$741,00809 Dec 19
Jeffrey Sanfilippo
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares7,550
Max PriceUS$98.15
SellUS$174,32613 Nov 19
Howard Brandeisky
EntityIndividual
Role
Head of Marketing
Senior Vice President of Global Marketing & Customer Solutions
Shares1,726
Max PriceUS$101.00
SellUS$103,47105 Nov 19
Ellen Taaffe
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares997
Max PriceUS$103.78
SellUS$316,72301 Nov 19
Daniel Wright
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,000
Max PriceUS$105.57
SellUS$365,11019 Sep 19
Sanfilippo Family Education Trust
EntityCompany
Shares3,832
Max PriceUS$96.10
SellUS$365,11019 Sep 19
John Sanfilippo
EntityIndividual
Shares3,832
Max PriceUS$96.10
SellUS$478,24317 Sep 19
Timothy Donovan
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceUS$95.65
SellUS$269,88513 Sep 19
Howard Brandeisky
EntityIndividual
Role
Head of Marketing
Senior Vice President of Global Marketing & Customer Solutions
Shares2,866
Max PriceUS$94.17
SellUS$509,56505 Sep 19
Michael Valentine
EntityIndividual
Role
Member of the Board of Directors
CFO, Group President
Shares5,362
Max PriceUS$95.48
SellUS$71,08505 Sep 19
Frank Pellegrino
EntityIndividual
Shares750
Max PriceUS$94.78
SellUS$103,84630 Aug 19
Frank Pellegrino
EntityIndividual
Shares1,116
Max PriceUS$93.05
SellUS$426,14030 Aug 19
Mathias Valentine
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,590
Max PriceUS$92.84
SellUS$256,51427 Aug 19
James Edgar
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,000
Max PriceUS$85.50
SellUS$60,98817 May 19
Frank Pellegrino
EntityIndividual
Shares772
Max PriceUS$79.00
SellUS$198,39215 May 19
James Valentine
EntityIndividual
Role
Chief Technology Officer
Senior Technical Officer
Shares2,556
Max PriceUS$77.62
SellUS$68,66510 May 19
James Sanfilippo
EntityIndividual
Role
Member of the Board of Directors
Director
Shares884
Max PriceUS$77.68
SellUS$416,49710 May 19
Jasper Sanfilippo
EntityIndividual
Role
Member of the Board of Directors
COO, President
Shares5,362
Max PriceUS$77.68
SellUS$258,34408 May 19
Frank Pellegrino
EntityIndividual
Shares3,228
Max PriceUS$80.03
SellUS$883,78607 May 19
Christopher Gardier
EntityIndividual
Role
Head of Sales
Senior Vice President of Consumer Sales
Shares11,128
Max PriceUS$79.42
SellUS$475,39707 May 19
Howard Brandeisky
EntityIndividual
Role
Head of Marketing
Senior Vice President of Global Marketing & Customer Solutions
Shares6,000
Max PriceUS$79.23
SellUS$155,63606 May 19
Ellen Taaffe
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,971
Max PriceUS$78.96

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Michael Valentine (60yo)

    CFO, Group President

    • Tenure: 22.7yrs
    • Compensation: US$2.72m
  • Jeffrey Sanfilippo (56yo)

    Chairman & CEO

    • Tenure: 13.1yrs
    • Compensation: US$2.63m
  • Jasper Sanfilippo (51yo)

    COO, President

    • Tenure: 16yrs
    • Compensation: US$2.51m
  • Bill Pokrajac (65yo)

    Vice President of Risk Management & Investor Relations

    • Tenure: 12.3yrs
  • James Valentine (55yo)

    Senior Technical Officer

    • Tenure: 1.9yrs
    • Compensation: US$1.30m
  • Brenda Cannon (64yo)

    Vice President of Regulatory Compliance

    • Tenure: 0yrs
  • Howard Brandeisky (58yo)

    Senior Vice President of Global Marketing & Customer Solutions

    • Tenure: 6.2yrs
  • Christopher Gardier (59yo)

    Senior Vice President of Consumer Sales

    • Tenure: 0yrs
    • Compensation: US$793.36k
  • J. Meyer (48yo)

    Senior Vice President of New Business Development

    • Tenure: 2yrs
  • Julia Pronitcheva

    Vice President of Human Resources

    • Tenure: 0yrs

Board Members

  • Tim Donovan (63yo)

    Independent Director

    • Tenure: 20.2yrs
    • Compensation: US$164.91k
  • Mathias Valentine (86yo)

    Director

    • Tenure: 50.9yrs
    • Compensation: US$136.41k
  • Michael Valentine (60yo)

    CFO, Group President

    • Tenure: 22.7yrs
    • Compensation: US$2.72m
  • Jeffrey Sanfilippo (56yo)

    Chairman & CEO

    • Tenure: 13.1yrs
    • Compensation: US$2.63m
  • Jasper Sanfilippo (51yo)

    COO, President

    • Tenure: 16yrs
    • Compensation: US$2.51m
  • Jim Edgar (72yo)

    Independent Director

    • Tenure: 20.2yrs
    • Compensation: US$160.81k
  • Dan Wright (81yo)

    Independent Director

    • Tenure: 14.2yrs
    • Compensation: US$166.01k
  • Ellen Taaffe (57yo)

    Independent Director

    • Tenure: 8.9yrs
    • Compensation: US$155.61k
  • James Sanfilippo (57yo)

    Director

    • Tenure: 6.2yrs
    • Compensation: US$136.41k

Company Information

John B. Sanfilippo & Son, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: John B. Sanfilippo & Son, Inc.
  • Ticker: JBSS
  • Exchange: NasdaqGS
  • Founded: 1959
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$1.109b
  • Shares outstanding: 11.39m
  • Website: https://www.jbssinc.com

Number of Employees


Location

  • John B. Sanfilippo & Son, Inc.
  • 1703 North Randall Road
  • Elgin
  • Illinois
  • 60123
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JBSSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1991

Biography

John B. Sanfilippo & Son, Inc., together with its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/11 23:41
End of Day Share Price2019/12/11 00:00
Earnings2019/09/26
Annual Earnings2019/06/27


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.