NYSE:JBL

Stock Analysis Report

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Market Cap

US$8.7b

Last Updated

2021/07/31 23:35 UTC

Data Sources

Company Financials +

Executive Summary

Jabil Inc. provides manufacturing services and solutions worldwide. More Details


Snowflake Analysis

Solid track record and good value.


Similar Companies

Share Price & News

How has Jabil's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JBL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: JBL's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.6%

JBL

2.6%

US Electronic

-0.5%

US Market


1 Year Return

70.8%

JBL

52.1%

US Electronic

35.9%

US Market

Return vs Industry: JBL exceeded the US Electronic industry which returned 52% over the past year.

Return vs Market: JBL exceeded the US Market which returned 35.9% over the past year.


Shareholder returns

JBLIndustryMarket
7 Day4.6%2.6%-0.5%
30 Day2.5%2.8%0.09%
90 Day13.6%3.9%3.2%
1 Year72.1%70.8%55.5%52.1%38.0%35.9%
3 Year114.9%108.6%69.6%62.8%62.8%52.6%
5 Year203.5%187.4%168.0%150.7%121.2%96.9%

Long-Term Price Volatility Vs. Market

How volatile is Jabil's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jabil undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JBL ($59.54) is trading below our estimate of fair value ($144.68)

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


Price To Earnings Ratio

PE vs Industry: JBL is good value based on its PE Ratio (15.1x) compared to the US Electronic industry average (25.3x).

PE vs Market: JBL is good value based on its PE Ratio (15.1x) compared to the US market (18x).


Price to Earnings Growth Ratio

PEG Ratio: JBL is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: JBL is overvalued based on its PB Ratio (4.1x) compared to the US Electronic industry average (2.7x).


Future Growth

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

11.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JBL's forecast earnings growth (11.1% per year) is above the savings rate (2%).

Earnings vs Market: JBL's earnings (11.1% per year) are forecast to grow slower than the US market (14.9% per year).

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

Revenue vs Market: JBL's revenue (3.6% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: JBL's revenue (3.6% 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 (30.6%)


Past Performance

How has Jabil performed over the past 5 years?

9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JBL has high quality earnings.

Growing Profit Margin: JBL's current net profit margins (2%) are higher than last year (0.1%).


Past Earnings Growth Analysis

Earnings Trend: JBL's earnings have grown by 9.9% per year over the past 5 years.

Accelerating Growth: JBL's earnings growth over the past year (1416.6%) exceeds its 5-year average (9.9% per year).

Earnings vs Industry: JBL earnings growth over the past year (1416.6%) exceeded the Electronic industry 21.6%.


Return on Equity

High ROE: Whilst JBL's Return on Equity (27.69%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Jabil's financial position?


Financial Position Analysis

Short Term Liabilities: JBL's short term assets ($10.3B) exceed its short term liabilities ($9.8B).

Long Term Liabilities: JBL's short term assets ($10.3B) exceed its long term liabilities ($3.8B).


Debt to Equity History and Analysis

Debt Level: JBL's debt to equity ratio (138.1%) is considered high.

Reducing Debt: JBL's debt to equity ratio has increased from 85.7% to 138.1% over the past 5 years.

Debt Coverage: JBL's debt is well covered by operating cash flow (46%).

Interest Coverage: JBL's interest payments on its debt are well covered by EBIT (8.7x coverage).


Balance Sheet


Dividend

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

0.54%

Current Dividend Yield


Upcoming Dividend Payment

TodayAug 01 2021Ex Dividend DateAug 12 2021Dividend Pay DateSep 02 202121 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: JBL's dividend (0.54%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: JBL's dividend (0.54%) is low compared to the top 25% of dividend payers in the US market (3.54%).


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JBL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Mark Mondello (57 yo)

8.33yrs

Tenure

US$12,718,388

Compensation

Mr. Mark T. Mondello has been the Chief Executive Officer of Jabil Inc. since March 2013 and has been its Director since March 2013. Mr. Mondello served as the Chief Operating Officer of Jabil Inc. from No...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD12.72M) is above average for companies of similar size in the US market ($USD6.47M).

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


Leadership Team

Experienced Management: JBL's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: JBL's board of directors are considered experienced (8.4 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

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


Key Information

  • Name: Jabil Inc.
  • Ticker: JBL
  • Exchange: NYSE
  • Founded: 1966
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: US$8.683b
  • Shares outstanding: 145.83m
  • 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


Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 23:35
End of Day Share Price2021/07/30 00:00
Earnings2021/05/31
Annual Earnings2020/08/31


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.