JPMorgan Chase & Co

Find Ratings Reports
JPM : NYSE : Financial
$66.22 | %
Today's Range: 65.84 - 66.88
Avg. Daily Volume: 14,521,800
08/26/16 - 4:00 PM ET

Financial Analysis


JPMORGAN CHASE & CO's gross profit margin for the second quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased.

At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 4.65% from the same quarter last year.

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 FY16 Q2 FY15
Net Sales ($mil)26846.025642.0
EBITDA ($mil)14301.014260.0
EBIT ($mil)12965.013022.0
Net Income ($mil)6200.06290.0


Balance Sheet Q2 FY16 Q2 FY15
Cash & Equiv. ($mil)602572.0635752.0
Total Assets ($mil)2466096.02449599.0
Total Debt ($mil)498895.0539889.0
Equity ($mil)252423.0241205.0


Profitability Q2 FY16 Q2 FY15
Gross Profit Margin85.5989.22
EBITDA Margin53.2755.61
Operating Margin48.2950.78
Sales Turnover0.040.04
Return on Assets0.970.92
Return on Equity8.848.85
Debt Q2 FY16 Q2 FY15
Current Ratio0.00.0
Debt/Capital0.660.69
Interest Expense0.00.0
Interest Coverage0.00.0


Share Data Q2 FY16 Q2 FY15
Shares outstanding (mil)3611.983698.07
Div / share0.440.4
EPS1.551.54
Book value / share69.8865.22
Institutional Own % n/a n/a
Avg Daily Volume1.4431862E71.5457661E7

Valuation


BUY. This stock's P/E ratio indicates a discount compared to an average of 13.12 for the Commercial Banks industry and a significant discount compared to the S&P 500 average of 25.13. Conducting a second comparison, its price-to-book ratio of 0.95 indicates a significant discount versus the S&P 500 average of 2.82 and a discount versus the industry average of 1.07. The current price-to-sales ratio is above both the S&P 500 average and the industry average, indicating a premium. The valuation analysis reveals that, JPMORGAN CHASE & CO appears to be valued on par with the investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
JPM 11.20 Peers 13.12   JPM 13.18 Peers 9.30

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

JPM is trading at a 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.

JPM is trading at a significant premium to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
JPM 10.74 Peers 12.49   JPM NM Peers 2.20

Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.

JPM is trading at a valuation on par with its peers.

 

Neutral. 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.

JPM's negative PEG ratio makes this valuation measure meaningless.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
JPM 0.95 Peers 1.07   JPM 6.69 Peers -8.43

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.

JPM is trading at a discount to its peers.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

JPM is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
JPM 2.36 Peers 2.29   JPM -1.34 Peers 1.62

Average. 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.

JPM is trading at a valuation on par with its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

JPM significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades