Jack Henry & Associates Inc.
Find Ratings ReportsHENRY (JACK) & ASSOCIATES's gross profit margin for the second quarter of its fiscal year 2024 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its subsector this quarter as compared to the same quarter a year ago. HENRY (JACK) & ASSOCIATES has weak liquidity. Currently, the Quick Ratio is 0.81 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
During the same period, stockholders' equity ("net worth") has increased by 14.12% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the 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 | Q2 FY24 | Q2 FY23 |
---|---|---|
Net Sales ($mil) | 545.7 | 505.31 |
EBITDA ($mil) | 168.86 | 155.48 |
EBIT ($mil) | 118.97 | 107.38 |
Net Income ($mil) | 91.97 | 80.78 |
Balance Sheet | Q2 FY24 | Q2 FY23 |
---|---|---|
Cash & Equiv. ($mil) | 26.71 | 25.76 |
Total Assets ($mil) | 2753.98 | 2578.28 |
Total Debt ($mil) | 318.8 | 323.14 |
Equity ($mil) | 1724.39 | 1510.99 |
Profitability | Q2 FY24 | Q2 FY23 |
---|---|---|
Gross Profit Margin | 50.32 | 49.24 |
EBITDA Margin | 30.94 | 30.76 |
Operating Margin | 21.8 | 21.25 |
Sales Turnover | 0.78 | 0.77 |
Return on Assets | 13.54 | 13.67 |
Return on Equity | 21.63 | 23.33 |
Debt | Q2 FY24 | Q2 FY23 |
---|---|---|
Current Ratio | 1.37 | 1.15 |
Debt/Capital | 0.16 | 0.18 |
Interest Expense | 3.87 | 3.41 |
Interest Coverage | 30.78 | 31.53 |
Share Data | Q2 FY24 | Q2 FY23 |
---|---|---|
Shares outstanding (mil) | 72.86 | 72.98 |
Div / share | 0.52 | 0.49 |
EPS | 1.26 | 1.1 |
Book value / share | 23.67 | 20.7 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 466083.0 | 539110.0 |
BUY. The current P/E ratio indicates a discount compared to an average of 40.26 for the Professional, Scientific, and Technical Services subsector and a premium compared to the S&P 500 average of 27.95. To use another comparison, its price-to-book ratio of 7.22 indicates a significant premium versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 13.30. The price-to-sales ratio is well above both the S&P 500 average and the subsector average, indicating a premium. Upon assessment of these and other key valuation criteria, HENRY (JACK) & ASSOCIATES proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
JKHY 33.43 | Peers 40.26 | JKHY 28.96 | Peers 33.12 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. JKHY is trading at a discount to its peers. |
Discount. 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. JKHY is trading at a discount to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
JKHY 29.97 | Peers 25.54 | JKHY 16.80 | Peers 6.56 | |||||||||||||||||||||
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. JKHY is trading at a significant premium to its peers. |
Premium. 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. JKHY trades at a significant premium to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
JKHY 7.22 | Peers 13.30 | JKHY 6.01 | Peers 3.25 | |||||||||||||||||||||
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. JKHY 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. JKHY is expected to have an earnings growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
JKHY 5.76 | Peers 4.53 | JKHY 8.25 | Peers 6.63 | |||||||||||||||||||||
Premium. 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. JKHY is trading at a significant premium to its subsector. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. JKHY has a sales growth rate that exceeds its peers. |
|||||||||||||||||||||||