NYSE:JBL

Stock Analysis Report

Executive Summary

Jabil Inc. provides manufacturing services and solutions worldwide.

Snowflake

Fundamentals

Proven track record with reasonable growth potential and pays a dividend.


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


Market Performance


7 Day Return

0.7%

JBL

2.4%

US Electronic

0.07%

US Market


1 Year Return

54.4%

JBL

16.3%

US Electronic

8.9%

US Market

Return vs Industry: JBL exceeded the US Electronic industry which returned 16.3% over the past year.

Return vs Market: JBL exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

JBLIndustryMarket
7 Day0.7%2.4%0.07%
30 Day15.8%3.7%-0.3%
90 Day17.6%2.3%-1.6%
1 Year56.3%54.4%17.5%16.3%11.3%8.9%
3 Year73.5%67.4%55.8%51.4%46.3%36.8%
5 Year93.5%81.0%83.7%74.7%62.1%44.3%

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?

32.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JBL ($36.29) is trading below our estimate of fair value ($53.65)

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


Price To Earnings Ratio

PE vs Industry: JBL is poor value based on its PE Ratio (19.7x) compared to the Electronic industry average (19.6x).

PE vs Market: JBL is poor value based on its PE Ratio (19.7x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: JBL is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: JBL is overvalued based on its PB Ratio (2.9x) compared to the US Electronic industry average (2x).


Next Steps

Future Growth

How is Jabil forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

21.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JBL's forecast earnings growth (21.1% per year) is above the savings rate (2.7%).

Earnings vs Market: JBL's earnings (21.1% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JBL's revenue (3.6% per year) is forecast to grow slower than the US market (7.2% 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 (28.5%)


Next Steps

Past Performance

How has Jabil performed over the past 5 years?

4.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JBL has become profitable over the past 5 years, growing earnings by 4.2% per year.

Accelerating Growth: JBL's earnings growth over the past year (232.6%) exceeds its 5-year average (4.2% per year).

Earnings vs Industry: JBL earnings growth over the past year (232.6%) exceeded the Electronic industry 58.6%.


Return on Equity

High ROE: JBL's Return on Equity (15.2%) is considered low.


Return on Assets

ROA vs Industry: JBL's Return on Assets is below or equal to the Electronic industry average last year.


Return on Capital Employed

ROCE Improving: JBL has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Jabil's financial position?


Financial Position Analysis

Short Term Liabilities: JBL's short term assets ($8.3B) do not cover its short term liabilities ($8.5B)

Long Term Liabilities: JBL's short term assets (8.3B) exceeds its long term liabilities (2.5B)


Debt to Equity History and Analysis

Debt Level: JBL's debt to equity ratio (131.3%) is considered high

Reducing Debt: JBL's debt to equity ratio has increased from 74.4% to 131.3% over the past 5 years.

Debt Coverage: JBL's debt is well covered by operating cash flow (47.8%).

Interest Coverage: JBL's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet

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

Debt Coverage by Assets: JBL's debt is covered by short term assets (assets are 3.3x debt).


Next Steps

Dividend

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

0.88%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Jabil before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company0.9%marketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Years0.9%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: JBL's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: JBL's dividend (0.88%) is low compared to the top 25% of dividend payers in the US market (3.68%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17.3%), JBL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JBL's dividends in 3 years are forecast to be thoroughly covered by earnings (7.3% payout ratio).


Next Steps

Management

What is the CEO of Jabil's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

Mark Mondello (55yo)

6.6yrs

Tenure

US$11,396,365

Compensation

Mr. Mark T. Mondello has been the Chief Executive Officer at Jabil Inc. since March, 2013. Mr. Mondello served as the Chief Operating Officer of Jabil Inc. from November 2002 to March 1, 2013. Mr. Mondello ...


CEO Compensation Analysis

Compensation vs. Market: Mark's total compensation ($USD11.40M) is about average for companies of similar size in the US market ($USD6.88M).

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


Management Age and Tenure

3.1yrs

Average Tenure

54yo

Average Age

Experienced Management: JBL's management team is considered experienced (3.1 years average tenure).


Board Age and Tenure

6.8yrs

Average Tenure

62yo

Average Age

Experienced Board: JBL's board of directors are considered experienced (6.8 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$750,82701 Oct 19
Martha Brooks
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares21,100
Max PriceUS$35.78
SellUS$302,19201 May 19
Martha Brooks
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$30.22
SellUS$103,94012 Apr 19
Alessandro Parimbelli
EntityIndividual
Shares3,500
Max PriceUS$29.70
SellUS$496,79109 Apr 19
Alessandro Parimbelli
EntityIndividual
Shares17,000
Max PriceUS$29.22
SellUS$145,80104 Jan 19
Kenneth Wilson
EntityIndividual
Role
Senior Key Executive
Executive VP & CEO of Jabil Green Point
Shares6,000
Max PriceUS$24.30

Ownership Breakdown


Management Team

  • Mark Mondello (55yo)

    CEO & Director

    • Tenure: 6.6yrs
    • Compensation: US$11.40m
  • Beth Walters (59yo)

    Senior Vice President of Communications & Investor Relations

    • Tenure: 0yrs
  • Courtney Ryan (50yo)

    Executive VP of Corporate Development & Chief of Staff

    • Tenure: 3.3yrs
  • Steve Borges (51yo)

    Executive VP & CEO of Healthcare

    • Tenure: 5.8yrs
    • Compensation: US$3.09m
  • Michael Dastoor (54yo)

    Chief Financial Officer

    • Tenure: 1.1yrs
  • Gary Cantrell

    Chief Information Officer & Senior VP

    • Tenure: 0yrs
  • Bobby Katz (56yo)

    Executive VP & General Counsel

    • Tenure: 3.1yrs
  • Jean Kneisler

    CTO & VP

    • Tenure: 0yrs
  • Sherry Williams

    Chief Compliance Officer

    • Tenure: 3yrs
  • Kenny Wilson (53yo)

    Executive VP & CEO of Jabil Green Point

    • Tenure: 2.8yrs
    • Compensation: US$3.10m

Board Members

  • John Plant (65yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$281.95k
  • Tom Sansone (70yo)

    Vice Chairman

    • Tenure: 20.8yrs
    • Compensation: US$281.95k
  • Tim Main (62yo)

    Chairman

    • Tenure: 6.8yrs
    • Compensation: US$421.95k
  • Mark Mondello (55yo)

    CEO & Director

    • Tenure: 6.6yrs
    • Compensation: US$11.40m
  • Steve Raymund (64yo)

    Independent Director

    • Tenure: 23.8yrs
    • Compensation: US$301.95k
  • Anousheh Ansari (53yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$286.95k
  • David Stout (64yo)

    Independent Director

    • Tenure: 10.1yrs
    • Compensation: US$301.95k
  • Martha Brooks (60yo)

    Independent Director

    • Tenure: 8.6yrs
    • Compensation: US$286.95k
  • Chris Holland (53yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: US$213.75k

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$5.550b
  • Shares outstanding: 152.93m
  • 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

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 Analysis2019/10/23 23:40
End of Day Share Price2019/10/23 00:00
Earnings2019/08/31
Annual Earnings2019/08/31


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.