Jabil Piotroski F Score

JBL
 Stock
  

USD 70.78  0.10  0.14%   

This module uses fundamental data of Jabil Circuit to approximate its Piotroski F score. Jabil Circuit F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Jabil Circuit. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Jabil Circuit financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please see Jabil Circuit Altman Z Score, Jabil Circuit Correlation, Jabil Circuit Valuation, as well as analyze Jabil Circuit Alpha and Beta and Jabil Circuit Hype Analysis.
  
Jabil Circuit Debt Current is relatively stable at the moment as compared to the past year. The company's current value of Debt Current is estimated at 165.46 Million. Issuance Repayment of Debt Securities is expected to hike to about 120.5 M this year, although the value of Total Debt will most likely fall to nearly 3.3 B. Jabil Circuit Inventory Turnover is relatively stable at the moment as compared to the past year. The company's current value of Inventory Turnover is estimated at 7.14. Accounts Payable Turnover is expected to hike to 5.38 this year, although the value of Operating Margin will most likely fall to 3.38.
At this time, it appears that Jabil Circuit's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Jabil Circuit Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Jabil Circuit is to make sure Jabil is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Jabil Circuit's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Jabil Circuit's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted183.8 M144.4 M
Significantly Up
Decreasing
Slightly volatile
Weighted Average Shares180.1 M141.2 M
Significantly Up
Decreasing
Slightly volatile
Return on Average Assets4.725.4769
Fairly Down
Increasing
Very volatile
Net Cash Flow from Operations1.3 B1.7 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities14.8 B13.7 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities18.6 B17.3 B
Significantly Up
Increasing
Slightly volatile
Gross Margin7.377.8619
Notably Down
Increasing
Very volatile
Total Debt3.3 B3.8 B
Fairly Down
Increasing
Slightly volatile
Asset Turnover2.141.8409
Fairly Up
Decreasing
Slightly volatile
Current Assets15 B13.9 B
Significantly Up
Increasing
Slightly volatile
Total Assets21.3 B19.7 B
Significantly Up
Increasing
Slightly volatile

Jabil Circuit F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Jabil Circuit's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Jabil Circuit in a much-optimized way.

About Jabil Circuit Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Weighted Average Shares

180.12 Million

Jabil Circuit Weighted Average Shares is relatively stable at the moment as compared to the past year. The company's current value of Weighted Average Shares is estimated at 180.12 Million

Jabil Circuit Current Valuation Drivers

We derive many important indicators used in calculating different scores of Jabil Circuit from analyzing Jabil Circuit's financial statements. These drivers represent accounts that assess Jabil Circuit's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Jabil Circuit's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee4341.44 K2242.92 K3.98 K3.23 K
Revenue Per Employee111.03 K126.41 K113.3 K123.05 K133.91 K143.09 K
Average Assets11.56 B12.71 B13.84 B15.54 B17.87 B15.63 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.28 B1.39 B1.21 B1.94 B2.3 B2.48 B
Earnings Before Interest Taxes and Depreciation Amortization USD1.29 B1.41 B1.23 B1.95 B2.24 B1.88 B
Earnings before Tax372.19 M449 M258 M942 M1.08 B1.17 B
Average Equity2.18 B1.87 B1.76 B2.09 B1.88 B1.89 B
Enterprise Value6.75 B6.64 B7.28 B11.11 B12.78 B10.41 B
Free Cash Flow(1.79 B)406 M461 M640 M576 M621.47 M
Invested Capital5.17 B4.89 B6.18 B6.83 B7.85 B6.98 B
Invested Capital Average5.1 B5.57 B6.11 B6.93 B7.97 B7.1 B
Market Capitalization4.98 B4.41 B5.14 B9.01 B10.36 B8.38 B
Tangible Asset Value11.14 B12.09 B13.49 B15.76 B18.12 B15.61 B
Working Capital319.05 M(187.02 M)76 M194 M174.6 M179.19 M

About Jabil Circuit Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Jabil Circuit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jabil Circuit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jabil Circuit based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Jabil Inc. provides manufacturing services and solutions worldwide. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida. Jabil Circuit operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. It employs 250000 people.

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Please see Jabil Circuit Altman Z Score, Jabil Circuit Correlation, Jabil Circuit Valuation, as well as analyze Jabil Circuit Alpha and Beta and Jabil Circuit Hype Analysis. Note that the Jabil Circuit information on this page should be used as a complementary analysis to other Jabil Circuit's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is Jabil Circuit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jabil Circuit. If investors know Jabil will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jabil Circuit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.92
Market Capitalization
9.5 B
Quarterly Revenue Growth YOY
0.22
Return On Assets
0.0493
Return On Equity
0.43
The market value of Jabil Circuit is measured differently than its book value, which is the value of Jabil that is recorded on the company's balance sheet. Investors also form their own opinion of Jabil Circuit's value that differs from its market value or its book value, called intrinsic value, which is Jabil Circuit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jabil Circuit's market value can be influenced by many factors that don't directly affect Jabil Circuit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jabil Circuit's value and its price as these two are different measures arrived at by different means. Investors typically determine Jabil Circuit value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jabil Circuit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.