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JBL

Jabil NYSE:JBL Stock Report

Last Price

US$57.71

Market Cap

US$7.9b

7D

2.6%

1Y

-2.8%

Updated

02 Oct, 2022

Data

Company Financials +

Jabil Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jabil
Historical stock prices
Current Share PriceUS$57.71
52 Week HighUS$72.11
52 Week LowUS$48.80
Beta1.4
1 Month Change-0.17%
3 Month Change12.96%
1 Year Change-2.85%
3 Year Change62.52%
5 Year Change93.72%
Change since IPO6,268.00%

Recent News & Updates

Sep 26

Jabil Q4 2022 Earnings Preview

Jabil (NYSE:JBL) is scheduled to announce Q4 earnings results on Tuesday, September 27th, before market open. The consensus EPS Estimate is $2.14 (+48.6% Y/Y) and the consensus Revenue Estimate is $8.4B (+13.5% Y/Y). Over the last 2 years, JBL has beaten EPS estimates 100% of the time and has beaten revenue estimates 88% of the time.

Shareholder Returns

JBLUS ElectronicUS Market
7D2.6%-2.2%-2.5%
1Y-2.8%-24.1%-23.2%

Return vs Industry: JBL exceeded the US Electronic industry which returned -24.1% over the past year.

Return vs Market: JBL exceeded the US Market which returned -23.2% over the past year.

Price Volatility

Is JBL's price volatile compared to industry and market?
JBL volatility
JBL Average Weekly Movement4.5%
Electronic Industry Average Movement6.7%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: JBL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: JBL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1966260,000Mark Mondellohttps://www.jabil.com

Jabil Inc. provides manufacturing services and solutions worldwide. The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It offers electronics design, production, and product management services.

Jabil Fundamentals Summary

How do Jabil's earnings and revenue compare to its market cap?
JBL fundamental statistics
Market CapUS$7.94b
Earnings (TTM)US$996.00m
Revenue (TTM)US$33.48b

8.0x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JBL income statement (TTM)
RevenueUS$33.48b
Cost of RevenueUS$30.85b
Gross ProfitUS$2.63b
Other ExpensesUS$1.64b
EarningsUS$996.00m

Last Reported Earnings

Aug 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)7.24
Gross Margin7.86%
Net Profit Margin2.97%
Debt/Equity Ratio117.3%

How did JBL perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

5%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is JBL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JBL?

Other financial metrics that can be useful for relative valuation.

JBL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.3x
Enterprise Value/EBITDA4.2x
PEG Ratio2.2x

Price to Earnings Ratio vs Peers

How does JBL's PE Ratio compare to its peers?

JBL PE Ratio vs Peers
The above table shows the PE ratio for JBL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average15.4x
FLEX Flex
8.3x3.9%US$7.6b
IPGP IPG Photonics
15.9x12.4%US$4.2b
FN Fabrinet
17.4xn/aUS$3.5b
PLXS Plexus
20x20.3%US$2.4b
JBL Jabil
8x3.7%US$7.9b

Price-To-Earnings vs Peers: JBL is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (15.4x).


Price to Earnings Ratio vs Industry

How does JBL's PE Ratio compare vs other companies in the US Electronic Industry?

Price-To-Earnings vs Industry: JBL is good value based on its Price-To-Earnings Ratio (8x) compared to the US Electronic industry average (14.1x)


Price to Earnings Ratio vs Fair Ratio

What is JBL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JBL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8x
Fair PE Ratio18.8x

Price-To-Earnings vs Fair Ratio: JBL is good value based on its Price-To-Earnings Ratio (8x) compared to the estimated Fair Price-To-Earnings Ratio (18.8x).


Share Price vs Fair Value

What is the Fair Price of JBL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: JBL ($57.71) is trading below our estimate of fair value ($227.58)

Significantly Below Fair Value: JBL is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

How is Jabil forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JBL's forecast earnings growth (3.7% per year) is above the savings rate (1.9%).

Earnings vs Market: JBL's earnings (3.7% per year) are forecast to grow slower than the US market (14.8% per year).

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

Revenue vs Market: JBL's revenue (2.7% per year) is forecast to grow slower than the US market (7.7% per year).

High Growth Revenue: JBL's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JBL's Return on Equity is forecast to be high in 3 years time (26.6%)


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Past Performance

How has Jabil performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


47.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JBL has a high level of non-cash earnings.

Growing Profit Margin: JBL's current net profit margins (3%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: JBL's earnings have grown significantly by 47.3% per year over the past 5 years.

Accelerating Growth: JBL's earnings growth over the past year (43.1%) is below its 5-year average (47.3% per year).

Earnings vs Industry: JBL earnings growth over the past year (43.1%) exceeded the Electronic industry 20.1%.


Return on Equity

High ROE: Whilst JBL's Return on Equity (40.62%) is outstanding, this metric is skewed due to their high level of debt.


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Financial Health

How is Jabil's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JBL's short term assets ($13.9B) exceed its short term liabilities ($13.7B).

Long Term Liabilities: JBL's short term assets ($13.9B) exceed its long term liabilities ($3.6B).


Debt to Equity History and Analysis

Debt Level: JBL's net debt to equity ratio (57%) is considered high.

Reducing Debt: JBL's debt to equity ratio has increased from 86.6% to 117.3% over the past 5 years.

Debt Coverage: JBL's debt is well covered by operating cash flow (57.4%).

Interest Coverage: JBL's interest payments on its debt are well covered by EBIT (8.9x coverage).


Balance Sheet


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Dividend

What is Jabil current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.55%

Current Dividend Yield

Dividend Yield vs Market

Jabil Dividend Yield vs Market
How does Jabil dividend yield compare to the market?
SegmentDividend Yield
Company (Jabil)0.6%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Electronic)1.8%
Analyst forecast in 3 Years (Jabil)0.5%

Notable Dividend: JBL's dividend (0.55%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).

High Dividend: JBL's dividend (0.55%) is low compared to the top 25% of dividend payers in the US market (4.73%).


Stability and Growth of Payments

Stable Dividend: JBL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: JBL is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: JBL is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: JBL is not paying a notable dividend for the US market.


Discover strong dividend paying companies

Management

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

5.8yrs

Average management tenure


CEO

Mark Mondello (58 yo)

9.58yrs

Tenure

US$15,313,215

Compensation

Mr. Mark T. Mondello has been Chief Executive Officer and Director of Jabil Inc. since March 2013 and as its Chairman since November 01, 2021. Mr. Mondello served as the Chief Operating Officer of Jabil In...


CEO Compensation Analysis

Mark Mondello's Compensation vs Jabil Earnings
How has Mark Mondello's remuneration changed compared to Jabil's earnings?
DateTotal Comp.SalaryCompany Earnings
Aug 31 2022n/an/a

US$996m

May 31 2022n/an/a

US$856m

Feb 28 2022n/an/a

US$807m

Nov 30 2021n/an/a

US$737m

Aug 31 2021US$15mUS$1m

US$696m

May 31 2021n/an/a

US$589m

Feb 28 2021n/an/a

US$369m

Nov 30 2020n/an/a

US$214m

Aug 31 2020US$13mUS$1m

US$54m

May 31 2020n/an/a

US$39m

Feb 29 2020n/an/a

US$133m

Nov 30 2019n/an/a

US$204m

Aug 31 2019US$11mUS$1m

US$287m

May 31 2019n/an/a

US$177m

Feb 28 2019n/an/a

US$176m

Nov 30 2018n/an/a

US$146m

Aug 31 2018US$11mUS$1m

US$86m

May 31 2018n/an/a

US$189m

Feb 28 2018n/an/a

US$122m

Nov 30 2017n/an/a

US$105m

Aug 31 2017US$12mUS$1m

US$129m

May 31 2017n/an/a

US$121m

Feb 28 2017n/an/a

US$152m

Nov 30 2016n/an/a

US$210m

Aug 31 2016US$11mUS$1m

US$254m

Compensation vs Market: Mark's total compensation ($USD15.31M) is above average for companies of similar size in the US market ($USD8.66M).

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


Leadership Team

Experienced Management: JBL's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: JBL's board of directors are considered experienced (9.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

NYSE:JBL Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
29 Jul 22SellUS$618,001Robert KatzIndividual10,423US$59.29
20 Jul 22SellUS$521,235Robert KatzIndividual9,477US$55.00
24 Jun 22SellUS$202,775Gerald CreadonIndividual3,703US$54.76
27 Dec 21SellUS$709,300Daryn SmithIndividual10,000US$70.93
20 Dec 21BuyUS$190,890Martha BrooksIndividual3,000US$63.63

Ownership Breakdown

What is the ownership structure of JBL?
Owner TypeNumber of SharesOwnership Percentage
Private Companies52,5400.04%
State or Government67,4420.05%
General Public2,012,2311.5%
Individual Insiders9,894,3647.2%
Institutions125,528,00991.3%

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


Top Shareholders

Top 25 shareholders own 67.8% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
10.77%
The Vanguard Group, Inc.
14,815,730$855.0m-0.43%0.02%
9.52%
BlackRock, Inc.
13,092,275$755.6m0.87%0.02%
6.16%
Texas Yale Capital Corp.
8,475,682$489.1m2.83%31.87%
5.16%
FMR LLC
7,102,007$409.9m-2.63%0.04%
3.72%
William Morean
5,122,513$295.6m0%no data
3.11%
State Street Global Advisors, Inc.
4,283,030$247.2m-3.86%0.01%
3.09%
LSV Asset Management
4,245,575$245.0m-4.12%0.52%
2.74%
PRIMECAP Management Company
3,772,122$217.7m0.98%0.2%
2.59%
Dimensional Fund Advisors LP
3,561,180$205.5m-4.72%0.05%
2.26%
Fuller & Thaler Asset Management, Inc.
3,103,880$179.1m-11.26%1.33%
1.72%
J.P. Morgan Asset Management, Inc.
2,362,200$136.3m-4.81%0.03%
1.56%
Point72 Asset Management, L.P.
2,143,573$123.7m-31.64%0.36%
1.49%
Mark Mondello
2,055,589$118.6m-0.58%no data
1.44%
Invesco Ltd.
1,977,333$114.1m46.94%0.04%
1.35%
Geode Capital Management, LLC
1,855,942$107.1m-2.89%0.01%
1.32%
Amundi Asset Management
1,820,146$105.0m2737.9%0.03%
1.31%
Los Angeles Capital Management LLC
1,801,595$104.0m6.46%0.52%
1.15%
Boston Partners Global Investors, Inc.
1,586,294$91.5m-3.36%0.08%
1.12%
Kempen Capital Management N.V.
1,542,195$89.0m-5.95%1.86%
1.1%
BNY Mellon Asset Management
1,513,507$87.3m0.23%0.02%
1.08%
AQR Capital Management, LLC
1,488,759$85.9m10.17%0.2%
1.02%
Columbia Management Investment Advisers, LLC
1,406,948$81.2m-0.3%0.03%
1.02%
Goldman Sachs Asset Management, L.P.
1,402,435$80.9m1.13%0.04%
1.01%
Norges Bank Investment Management
1,385,807$80.0m0%0.01%
0.98%
Adage Capital Management, L.P.
1,344,619$77.6m76.3%0.19%

Company Information

Jabil Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Jabil Inc.
  • Ticker: JBL
  • Exchange: NYSE
  • Founded: 1966
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Implied Market Cap: US$7.938b
  • Shares outstanding: 137.55m
  • Website: https://www.jabil.com

Number of Employees


Location

  • Jabil Inc.
  • 10560 Dr. Martin Luther King
  • Jr. Street North
  • Saint Petersburg
  • Florida
  • 33716
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JBLNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 1993
JBLDB (Deutsche Boerse AG)YesCommon StockDEEURApr 1993
J2BL34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 8 REPR 1 COMBRBRLJan 2022

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/02 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/08/31
Annual Earnings2022/08/31


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.