John Bean Technologies Corporation
Find Ratings ReportsJOHN BEAN TECHNOLOGIES's gross profit margin for the fourth quarter of its fiscal year 2023 has increased when compared to the same period a year ago. The company has grown its sales and net income during the past quarter when compared with the same quarter a year ago, and although its growth in net income has outpaced the subsector average, its revenue growth has not. JOHN BEAN TECHNOLOGIES has strong liquidity. Currently, the Quick Ratio is 1.59 which shows the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
At the same time, stockholders' equity ("net worth") has greatly increased by 72.58% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 444.6 | 441.2 |
EBITDA ($mil) | 81.2 | 68.8 |
EBIT ($mil) | 59.2 | 48.0 |
Net Income ($mil) | 81.1 | 41.0 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 483.6 | 73.1 |
Total Assets ($mil) | 2710.4 | 2584.1 |
Total Debt ($mil) | 688.1 | 1021.6 |
Equity ($mil) | 1488.9 | 862.7 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 41.12 | 37.28 |
EBITDA Margin | 18.26 | 15.59 |
Operating Margin | 13.32 | 10.88 |
Sales Turnover | 0.61 | 0.62 |
Return on Assets | 21.49 | 5.31 |
Return on Equity | 8.68 | 12.03 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 2.27 | 1.4 |
Debt/Capital | 0.32 | 0.54 |
Interest Expense | 0.0 | 5.5 |
Interest Coverage | 0.0 | 8.73 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 31.79 | 31.8 |
Div / share | 0.1 | 0.1 |
EPS | 1.64 | 0.97 |
Book value / share | 46.84 | 27.13 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 217046.0 | 156702.0 |
HOLD. This stock's P/E ratio indicates a discount compared to an average of 34.89 for the Machinery Manufacturing subsector and a discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 2.17 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 15.81. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, JOHN BEAN TECHNOLOGIES proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
JBT 25.16 | Peers 34.89 | JBT 43.45 | Peers 35.56 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. JBT is trading at a significant discount to its peers. |
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. JBT is trading at a premium to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
JBT 17.41 | Peers 25.65 | JBT 0.91 | Peers 5.15 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. JBT is trading at a discount to its peers. |
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. JBT trades at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
JBT 2.17 | Peers 15.81 | JBT 24.76 | Peers 20.44 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. JBT is trading at a significant discount to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. JBT is expected to have an earnings growth rate that exceeds its peers. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
JBT 1.94 | Peers 8.34 | JBT 4.65 | Peers 14.92 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. JBT is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. JBT significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||