NasdaqGS:JBSS

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

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. More Details


Snowflake Analysis

Flawless balance sheet with outstanding track record and pays a dividend.


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

-1.0%

JBSS

-1.3%

US Food

-2.4%

US Market


1 Year Return

-20.7%

JBSS

8.5%

US Food

18.2%

US Market

Return vs Industry: JBSS underperformed the US Food industry which returned 9% over the past year.

Return vs Market: JBSS underperformed the US Market which returned 19.5% over the past year.


Shareholder returns

JBSSIndustryMarket
7 Day-1.0%-1.3%-2.4%
30 Day0.4%4.3%4.2%
90 Day-13.2%3.6%6.3%
1 Year-15.8%-20.7%11.2%8.5%20.9%18.2%
3 Year27.5%12.1%11.7%2.6%41.2%31.8%
5 Year76.5%31.9%16.5%0.6%84.8%63.9%

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?

16.08x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JBSS ($75.92) is trading above our estimate of fair value ($63.28)

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 (16.1x) compared to the US Food industry average (25x).

PE vs Market: JBSS is good value based on its PE Ratio (16.1x) compared to the US market (19x).


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 (3.6x) compared to the US Food industry average (2.2x).


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?

-3.5%

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 (-3.5% per year).

Earnings vs Market: JBSS's earnings are forecast to decline over the next 3 years (-3.5% per year).

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

Revenue vs Market: JBSS's revenue (3.9% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: JBSS's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JBSS's Return on Equity is forecast to be low in 3 years time (17.5%).


Next Steps

Past Performance

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

10.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JBSS has high quality earnings.

Growing Profit Margin: JBSS's current net profit margins (6.1%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: JBSS's earnings have grown by 10.1% per year over the past 5 years.

Accelerating Growth: JBSS's earnings growth over the past year (37.3%) exceeds its 5-year average (10.1% per year).

Earnings vs Industry: JBSS earnings growth over the past year (37.3%) exceeded the Food industry -5.6%.


Return on Equity

High ROE: JBSS's Return on Equity (22.7%) is considered high.


Next Steps

Financial Health

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


Financial Position Analysis

Short Term Liabilities: JBSS's short term assets ($238.9M) exceed its short term liabilities ($112.2M).

Long Term Liabilities: JBSS's short term assets ($238.9M) exceed its long term liabilities ($57.1M).


Debt to Equity History and Analysis

Debt Level: JBSS's debt to equity ratio (20.6%) is considered satisfactory.

Reducing Debt: JBSS's debt to equity ratio has reduced from 40.2% to 20.6% over the past 5 years.

Debt Coverage: JBSS's debt is well covered by operating cash flow (129.7%).

Interest Coverage: JBSS's interest payments on its debt are well covered by EBIT (37.3x coverage).


Balance Sheet


Next Steps

Dividend

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

7.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JBSS's dividend (7.24%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: JBSS's dividend (7.24%) is in the top 25% of dividend payers in the US market (4.66%)


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 6 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.8%), JBSS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JBSS's dividends in 3 years are forecast to be well covered by earnings (15.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.1yrs

Average management tenure


CEO

Jeffrey Sanfilippo (57 yo)

13.92yrs

Tenure

US$3,598,214

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 ($USD3.60M) is about average for companies of similar size in the US market ($USD2.82M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Sanfilippo
Chairman & CEO13.92yrsUS$3.60m0.92%
$ 7.9m
Michael Valentine
CFO, Group President23.5yrsUS$3.73m7.49%
$ 65.0m
Jasper Sanfilippo
COO, President16.83yrsUS$3.41m0.90%
$ 7.8m
James Valentine
Senior Technical Officer2.75yrsUS$1.48m0.035%
$ 307.0k
Christopher Gardier
Senior Vice President of Consumer Sales8.17yrsUS$821.72k0.049%
$ 428.0k
Frank Pellegrino
Executive Vice President of Finance & Administration and Treasurerno datano data0.092%
$ 795.9k
William Pokrajac
Vice President of Risk Management & Investor Relations13.08yrsno datano data
Brenda Cannon
Vice President of Regulatory Complianceno datano datano data
Shayn Wallace
Executive Vice President of Sales & Marketing0.42yrno datano data
Julia Pronitcheva
Vice President of Human Resourcesno datano datano data
Michael Finn
Corporate Controllerno datano datano data
Walter Tankersley
Executiveno dataUS$703.70kno data

13.1yrs

Average Tenure

58.5yo

Average Age

Experienced Management: JBSS's management team is seasoned and experienced (13.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Sanfilippo
Chairman & CEO13.92yrsUS$3.60m0.92%
$ 7.9m
Michael Valentine
CFO, Group President23.5yrsUS$3.73m7.49%
$ 65.0m
Jasper Sanfilippo
COO, President16.83yrsUS$3.41m0.90%
$ 7.8m
Timothy Donovan
Independent Director21yrsUS$169.74k0.018%
$ 153.0k
Mathias Valentine
Director51.75yrsUS$141.24k0.097%
$ 837.0k
James Edgar
Independent Director21yrsUS$165.64k0%
$ 0
Daniel Wright
Independent Director15yrsUS$170.84k0.051%
$ 444.6k
Ellen Taaffe
Independent Director9.75yrsUS$160.44k0.0089%
$ 77.4k
James Sanfilippo
Director7yrsUS$141.24k0.11%
$ 918.7k

16.8yrs

Average Tenure

61yo

Average Age

Experienced Board: JBSS's board of directors are seasoned and experienced ( 16.8 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

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$866.979m
  • Shares outstanding: 11.42m
  • 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
JO1DB (Deutsche Boerse AG)YesCommon StockDEEURDec 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 Analysis2020/10/20 00:55
End of Day Share Price2020/10/19 00:00
Earnings2020/06/25
Annual Earnings2020/06/25


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.