Jabil Z Score

JBL
 Stock
  

USD 70.78  0.10  0.14%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please see Jabil Circuit Piotroski F Score and Jabil Circuit Valuation analysis.
  
Working Capital is expected to hike to about 179.2 M this year, although the value of Capital Expenditure will most likely fall to (770 M). Jabil Circuit Net Loss Income from Discontinued Operations is relatively stable at the moment as compared to the past year. The company's current value of Net Loss Income from Discontinued Operations is estimated at 10.64 Million. Net Income to Non Controlling Interests is expected to hike to about 2.5 M this year, although the value of Cost of Revenue will most likely fall to nearly 27.4 B.

Jabil Z Score Analysis

Jabil Circuit's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Jabil Circuit Z Score

    
  4.2  
Most of Jabil Circuit's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Jabil Circuit is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Jabil Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Jabil Circuit is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Jabil Circuit's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Jabil Circuit's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Jabil Circuit's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

According to the company's disclosures, Jabil Circuit has a Z Score of 4.2. This is 68.77% lower than that of the Electronic Equipment, Instruments & Components sector and 215.79% higher than that of the Information Technology industry. The z score for all United States stocks is 51.83% higher than that of the company.

Jabil Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jabil Circuit's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Jabil Circuit could also be used in its relative valuation, which is a method of valuing Jabil Circuit by comparing valuation metrics of similar companies.
Jabil Circuit is currently under evaluation in z score category among related companies.

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

Jabil Fundamentals

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 Piotroski F Score and Jabil Circuit Valuation 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Jabil Circuit price analysis, check to measure Jabil Circuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jabil Circuit is operating at the current time. Most of Jabil Circuit's value examination focuses on studying past and present price action to predict the probability of Jabil Circuit's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Jabil Circuit's price. Additionally, you may evaluate how the addition of Jabil Circuit to your portfolios can decrease your overall portfolio volatility.
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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
0.923
Market Capitalization
9.5 B
Quarterly Revenue Growth YOY
0.219
Return On Assets
0.0493
Return On Equity
0.4341
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.