JB Hi-Fi Ltd (JBH) is a leading specialty retail business based in Australia. It opened the day at AUDA$38.7 after a previous close of AUDA$38.77. During the day the price has varied from a low of AUDA$38.44 to a high of AUDA$39.14. The latest price was AUDA$38.59 (25 minute delay). JB Hi-Fi is listed on the Australian Securities Exchange (ASX) and employs 13,200 staff. All prices are listed in Australian Dollars.
Since the stock market crash in March caused by coronavirus, JB Hi-Fi's stock price has had significant negative movement.
Its last market close was A$39.43, which is 1.99% down on its pre-crash value of A$40.23 and 89.66% up on the lowest point reached during the March crash when the stocks fell as low as A$20.79.
If you had bought A$1,000 worth of JB Hi-Fi stocks at the start of February 2020, those stocks would have been worth A$618.70 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth A$991.27.
| Open | A$38.70 |
|---|---|
| High | A$39.14 |
| Low | A$38.44 |
| Close | A$38.59 |
| Previous close | A$38.77 |
| Change | A$-0.18 |
| Change % | -0.4643% |
| Volume | 83,236 |
| 52-week range | A$36.69 - A$56.85 |
|---|---|
| 50-day moving average | A$47.25 |
| 200-day moving average | A$48.27 |
| Wall St. target price | A$52.43 |
| PE ratio | 9.5807 |
| Dividend yield | A$2.7 (7.29%) |
| Earnings per share (TTM) | A$4.13 |
Historical closes compared with the close of A$38.59 from 2022-06-24
| 1 week (2022-06-17) | 4.16% |
|---|---|
| 1 month (2022-05-25) | -15.74% |
| 3 months (2022-03-25) | -29.55% |
| 6 months (2021-12-24) | -20.43% |
| 1 year (2021-06-25) | -21.34% |
|---|---|
| 2 years (2020-06-25) | -7.03% |
| 3 years (2019-06-25) | 49.05% |
| 5 years (2017-06-23) | 68.07% |
Valuing JB Hi-Fi stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of JB Hi-Fi's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
JB Hi-Fi's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, JB Hi-Fi shares trade at around 10x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
JB Hi-Fi's EBITDA (earnings before interest, taxes, depreciation and amortisation) is A$757.4 million.
The EBITDA is a measure of a JB Hi-Fi's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | A$8.8 billion |
|---|---|
| Operating margin TTM | 7.98% |
| Gross profit TTM | A$2 billion |
| Return on assets TTM | 11.49% |
| Return on equity TTM | 34.36% |
| Profit margin | 5.39% |
| Book value | A$12.66 |
| Market capitalisation | A$4.3 billion |
TTM: trailing 12 months
Dividend payout ratio: 65.38% of net profits
Recently JB Hi-Fi has paid out, on average, around 65.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.29% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), JB Hi-Fi shareholders could enjoy a 7.29% return on their shares, in the form of dividend payments. In JB Hi-Fi's case, that would currently equate to about A$2.7 per share.
JB Hi-Fi's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 22 February 2022 (the "ex-dividend date").
Over the last 12 months, JB Hi-Fi's shares have ranged in value from as little as A$36.69 up to A$56.85. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while JB Hi-Fi's is 0.7619. This would suggest that JB Hi-Fi's shares are less volatile than average (for this exchange).
JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It offers consumer electronics products and services, including televisions, audio equipment, computers, and cameras; telecommunications products and services; software products, such as music, movies, TV shows, and games; musical instruments; and home appliances comprising washers and dryers, fridges and freezers, vacuuming and cleaning, microwaves and dishwashers, coffee machines, small kitchen appliances, and heating and cooling products. The company also provides mobile phones, headphones, speakers, vinyl, and collectibles and merchandise; apparel, such as t-shirts, hoodies, beanies, caps, and socks; drones, e-scooters and rideable, and car gears; smart and sport watches, activity trackers, wearables, electric toothbrushes, hair styling, men's shavers an d hair clippers, massager, blood pressure and heart rate monitors, and smart scales. In addition, it offers information technology and consulting services. As of June 30, 2021, the company sold its products through branded retail store network comprising 197 JB Hi-Fi/JB Hi-Fi Home stores in Australia; 14 JB Hi-Fi stores in New Zealand; and 105 The Good Guys stores in Australia, as well as online. JB Hi-Fi Limited was founded in 1974 and is based in Southbank, Australia.
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