NasdaqGS:JJSF

Stock Analysis Report

Executive Summary

J & J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages in the United States, Mexico, and Canada.


Snowflake Analysis

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


Similar Companies

Share Price & News

How has J & J Snack Foods's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JJSF's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.1%

JJSF

8.0%

US Food

5.3%

US Market


1 Year Return

-20.9%

JJSF

-3.5%

US Food

-10.7%

US Market

Return vs Industry: JJSF underperformed the US Food industry which returned -3.5% over the past year.

Return vs Market: JJSF underperformed the US Market which returned -10.7% over the past year.


Shareholder returns

JJSFIndustryMarket
7 Day-4.1%8.0%5.3%
30 Day-25.0%-2.7%-13.6%
90 Day-34.6%-14.0%-19.8%
1 Year-19.9%-20.9%-1.0%-3.5%-8.9%-10.7%
3 Year-7.3%-10.8%-11.9%-19.2%15.5%8.0%
5 Year19.2%11.7%22.9%8.3%35.2%20.4%

Price Volatility Vs. Market

How volatile is J & J Snack Foods's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is J & J Snack Foods undervalued compared to its fair value and its price relative to the market?

4.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JJSF ($120.56) is trading below our estimate of fair value ($126.64)

Significantly Below Fair Value: JJSF is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: JJSF is poor value based on its PE Ratio (24.1x) compared to the Food industry average (19.5x).

PE vs Market: JJSF is poor value based on its PE Ratio (24.1x) compared to the US market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: JJSF is poor value based on its PEG Ratio (10.2x)


Price to Book Ratio

PB vs Industry: JJSF is overvalued based on its PB Ratio (2.7x) compared to the US Food industry average (1.7x).


Next Steps

Future Growth

How is J & J Snack Foods forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

2.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JJSF's forecast earnings growth (2.4% per year) is above the savings rate (1.7%).

Earnings vs Market: JJSF's earnings (2.4% per year) are forecast to grow slower than the US market (12.3% per year).

High Growth Earnings: JJSF's earnings are forecast to grow, but not significantly.

Revenue vs Market: JJSF's revenue is expected to decline over the next 3 years (-0.4% per year).

High Growth Revenue: JJSF's revenue is forecast to decline over the next 3 years (-0.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has J & J Snack Foods performed over the past 5 years?

7.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JJSF has high quality earnings.

Growing Profit Margin: JJSF's current net profit margins (7.9%) are higher than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: JJSF's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: JJSF's earnings growth over the past year (10.9%) exceeds its 5-year average (7.5% per year).

Earnings vs Industry: JJSF earnings growth over the past year (10.9%) exceeded the Food industry -0.7%.


Return on Equity

High ROE: JJSF's Return on Equity (11.2%) is considered low.


Next Steps

Financial Health

How is J & J Snack Foods's financial position?


Financial Position Analysis

Short Term Liabilities: JJSF's short term assets ($495.1M) exceed its short term liabilities ($134.3M).

Long Term Liabilities: JJSF's short term assets ($495.1M) exceed its long term liabilities ($119.3M).


Debt to Equity History and Analysis

Debt Level: JJSF is debt free.

Reducing Debt: JJSF has not had any debt for past 5 years.

Debt Coverage: JJSF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: JJSF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: JJSF's debt is not covered by short term assets (assets are -3.4842802204594E+16x debt).


Next Steps

Dividend

What is J & J Snack Foods's current dividend yield, its reliability and sustainability?

1.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JJSF's dividend (1.91%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.95%).

High Dividend: JJSF's dividend (1.91%) is low compared to the top 25% of dividend payers in the US market (5.37%).


Stability and Growth of Payments

Stable Dividend: JJSF's dividends per share have been stable in the past 10 years.

Growing Dividend: JJSF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.4%), JJSF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JJSF's dividends in 3 years are forecast to be well covered by earnings (49.1% payout ratio).


Next Steps

Management

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

23.2yrs

Average management tenure


CEO

Gerald Shreiber (77yo)

49.17s

Tenure

US$4,207,839

Compensation

Mr. Gerald B. Shreiber founded J&J Snack Foods Corp. in 1971 and has been its President and Chief Executive Officer since 1971. Mr. Shreiber served as the President of J&J Snack Foods Investment Corp. He s ...


CEO Compensation Analysis

Compensation vs Market: Gerald's total compensation ($USD4.21M) is about average for companies of similar size in the US market ($USD4.61M).

Compensation vs Earnings: Gerald's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Gerald Shreiber
Founder49.17yrsUS$4.21m20.05% $459.0m
Dennis Moore
Senior VP25.17yrsUS$972.39k0.39% $8.8m
Robert Radano
Senior VP of Sales & COO23.83yrsUS$842.63k0.50% $11.5m
Gerard Law
Senior VP & Assistant to the President10.83yrsUS$1.03m0.11% $2.5m
Daniel Fachner
President of ICEE Company22.58yrsUS$1.28m0.11% $2.4m
John Griffith
Chief Information Officerno datano datano data
Robert Pape
Senior Vice President of Sales10.17yrsno data0.065% $1.5m
Harry Fronjian
Vice President of Human Resourcesno datano datano data
Marjorie Roshkoff
VP, Corporate Secretary & In-House Counselno datano datano data

23.2yrs

Average Tenure

63yo

Average Age

Experienced Management: JJSF's management team is seasoned and experienced (23.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gerald Shreiber
Founder49.17yrsUS$4.21m20.05% $459.0m
Dennis Moore
Senior VP25.17yrsUS$972.39k0.39% $8.8m
Sidney Brown
Independent Director16.25yrsUS$96.25k0.089% $2.0m
Peter Stanley
Independent Director37.17yrsUS$108.00k0.053% $1.2m
Vincent Melchiorre
Independent Director6.58yrsUS$98.00k0.016% $363.1k

25.2yrs

Average Tenure

64yo

Average Age

Experienced Board: JJSF's board of directors are seasoned and experienced ( 25.2 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

J & J Snack Foods Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: J & J Snack Foods Corp.
  • Ticker: JJSF
  • Exchange: NasdaqGS
  • Founded: 1971
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$2.289b
  • Shares outstanding: 18.92m
  • Website: https://www.jjsnack.com

Number of Employees


Location

  • J & J Snack Foods Corp.
  • 6000 Central Highway
  • Pennsauken
  • New Jersey
  • 8109
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JJSFNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDFeb 1986

Biography

J & J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages. The company offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR. TWISTER, SOFT PRETZEL BITES, SOFTSTIX, SOFT PRETZEL BUNS, TEXAS TWIST, BAVARIAN BAKERY, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, KIM & SCOTT’S GOURMET PRETZELS, SERIOUSLY TWISTED!, BRAUHAUS, AUNTIE ANNE’S, and LABRIOLA brands, as well as under the private labels. It also provides frozen juice treats and desserts under the LUIGI’S, WHOLE FRUIT, PHILLY SWIRL, SOUR PATCH KIDS, ICEE, and MINUTE MAID brands; churros under the TIO PEPE’S and CALIFORNIA CHURROS brands; and dough enrobed handheld products under the PATIO, SUPREME STUFFERS, and SWEET STUFFERS brands. In addition, the company offers bakery products, including biscuits, fig and fruit bars, cookies, breads, rolls, crumb, muffins, and donuts under the MRS. GOODCOOKIE, READI-BAKE, COUNTRY HOME, MARY B’S, DADDY RAY’S, and HILL & VALLEY brands, as well as under private labels; and frozen beverages under the ICEE, SLUSH PUPPIE, and PARROT ICE brands. Further, it provides funnel cakes under the FUNNEL CAKE FACTORY brand, as well as various other food products; and sells machines and machine parts to other food and beverage companies. The company serves snack bars and food stands in chain, department and mass merchandising stores, malls and shopping centers, fast food and casual dining restaurants, stadiums and sports arenas, leisure and theme parks, convenience stores, movie theatres, warehouse club stores, schools, colleges and other institutions, and independent retailers. It sells its products through a network of food brokers and independent sales distributors; and direct sales force. The company was founded in 1971 and is headquartered in Pennsauken, New Jersey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 23:39
End of Day Share Price2020/03/31 00:00
Earnings2019/12/28
Annual Earnings2019/09/28


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.