Jabil Inc (JBL) stock analysis

P/E above its 5-year median

Jabil's P/E of 26.6 is above its own 5-year median of 15.0.

P/E below the industry

Jabil's P/E of 26.6 is below the Electronic Components and Accessories median of 34.6.

EV/EBITDA above its 5-year median

Jabil's EV/EBITDA of 11.9 is above its 5-year median of 6.5.

P/B above the industry

Jabil's price-to-book of 16.53 is above the Electronic Components and Accessories median of 3.49.

Trading above fair value

The share price of $258.89 is above our fair value estimate of $242.47.

Margin of safety under 20%

The price is 6.8% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 1.2% a year over the last three fiscal years, short of the 10% we look for.

EPS growing 10%+ a year

Diluted EPS grew 17.4% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 58.6% over the last twelve months, against a 5-year average of 8.4% a year.

Growing faster than the industry

Revenue grew 20.6% over the last twelve months; the Electronic Components and Accessories median is 17.3%.

Guidance raised

Jabil raised its Fiscal Year 2026 Net revenue outlook on Jun 17, 2026.

Gross margin improving

Gross margin was 9.2% over the last twelve months, against 8.9% a year earlier.

Return on equity over 15%

Return on equity was 66.7% over the last twelve months and averaged 48.3% over five years.

Return on capital over 10%

Return on invested capital was 44.0%, above the 10% that usually covers the cost of capital.

Return on equity above the industry

Jabil's return on equity of 66.7% is above the Electronic Components and Accessories median of 4.8%.

Earnings grew over 5 years

Net income grew 8.4% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 2.9% over the last twelve months, against a 5-year average of 3.0%.

Net margin below the industry

Jabil's net margin of 2.9% is below the Electronic Components and Accessories median of 3.0%.

High debt

Debt is 209% of shareholders' equity, above the 40% we consider low.

Debt rising against equity

Debt to equity rose from 135% five years ago to 209%.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 59.2% of total debt.

Interest coverage

Interest expense is not reported separately.

Short-term assets don't cover short-term debts

Current assets are 0.99 times current liabilities.

Bankruptcy risk in the grey zone

The Altman Z-score is 2.51; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Jabil paid dividends worth 0.1% of the share price over the last twelve months.

Yield below Treasuries

The 0.1% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Jabil yields 0.1%.

Dividend stability

Fewer than five years of dividend history.

Covered by earnings

Dividends take 3.4% of net income.

Covered by free cash flow

Dividends take 2.5% of free cash flow.