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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.726
JBL's Cash to Debt is ranked lower than
63% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 118.50 vs. JBL: 0.726 )
JBL' s 10-Year Cash to Debt Range
Min: 0.53   Max: 10.13
Current: 0.73

0.53
10.13
Equity to Asset 0.242
JBL's Equity to Asset is ranked lower than
87% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 0.54 vs. JBL: 0.242 )
JBL' s 10-Year Equity to Asset Range
Min: 0.19   Max: 0.63
Current: 0.24

0.19
0.63
Interest Coverage 6
JBL's Interest Coverage is ranked lower than
55% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 10000.00 vs. JBL: 6 )
JBL' s 10-Year Interest Coverage Range
Min: 3   Max: No Debt
Current: 6

F-Score: 5
Z-Score: 3.08
M-Score: -2.6
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 3.60
JBL's Operating margin (%) is ranked higher than
72% of the 1946 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 3.80 vs. JBL: 3.60 )
JBL' s 10-Year Operating margin (%) Range
Min: -7.8   Max: 7.1
Current: 3.6

-7.8
7.1
Net-margin (%) 2.3
JBL's Net-margin (%) is ranked higher than
71% of the 1946 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 2.70 vs. JBL: 2.3 )
JBL' s 10-Year Net-margin (%) Range
Min: -10   Max: 4.6
Current: 2.3

-10
4.6
ROE (%) 18.7
JBL's ROE (%) is ranked higher than
94% of the 1946 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 5.30 vs. JBL: 18.7 )
JBL' s 10-Year ROE (%) Range
Min: -81.2   Max: 20.4
Current: 18.7

-81.2
20.4
ROA (%) 5.1
JBL's ROA (%) is ranked higher than
83% of the 1946 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 3.00 vs. JBL: 5.1 )
JBL' s 10-Year ROA (%) Range
Min: -21.9   Max: 9.9
Current: 5.1

-21.9
9.9
ROC (Joel Greenblatt) (%) 26.40
JBL's ROC (Joel Greenblatt) (%) is ranked higher than
89% of the 1946 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 8.80 vs. JBL: 26.40 )
JBL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -53.9   Max: 32.2
Current: 26.4

-53.9
32.2
Revenue Growth (%) 9.5
JBL's Revenue Growth (%) is ranked higher than
96% of the 1946 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 1.65 vs. JBL: 9.5 )
JBL' s 10-Year Revenue Growth (%) Range
Min: 0.9   Max: 19.9
Current: 9.5

0.9
19.9
ยป JBL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2012

JBL Guru Trades in Q2 2012

Ray Dalio 342,978 sh (New)
Steven Cohen 1,390,102 sh (+1135.55%)
Paul Tudor Jones 77,300 sh (+392.36%)
PRIMECAP Management 2,382,660 sh (+200.46%)
Scott Black 368,234 sh (+11.05%)
David Dreman 174,750 sh (unchged)
Pioneer Investments Sold Out
Ken Fisher 183,905 sh (-4.82%)
» More
Q3 2012

JBL Guru Trades in Q3 2012

Louis Moore Bacon 50,000 sh (New)
Joel Greenblatt 29,281 sh (New)
Ken Fisher 214,995 sh (+16.91%)
PRIMECAP Management 2,592,506 sh (+8.81%)
David Dreman 174,750 sh (unchged)
Ray Dalio Sold Out
Scott Black 365,393 sh (-0.77%)
Paul Tudor Jones 16,300 sh (-78.91%)
Steven Cohen 162,607 sh (-88.3%)
» More
Q4 2012

JBL Guru Trades in Q4 2012

Ray Dalio 87,816 sh (New)
Jim Simons 720,200 sh (New)
Paul Tudor Jones 51,000 sh (+212.88%)
PRIMECAP Management 2,992,506 sh (+15.43%)
Louis Moore Bacon Sold Out
Joel Greenblatt Sold Out
Ken Fisher 214,320 sh (-0.31%)
Scott Black 353,588 sh (-3.23%)
David Dreman 160,239 sh (-8.3%)
Steven Cohen 30,719 sh (-81.11%)
» More
Q1 2013

JBL Guru Trades in Q1 2013

Joel Greenblatt 362,946 sh (New)
Steven Cohen 297,793 sh (+869.41%)
PRIMECAP Management 3,285,460 sh (+9.79%)
Jim Simons Sold Out
Ray Dalio Sold Out
David Dreman 157,689 sh (-1.59%)
Ken Fisher 192,370 sh (-10.24%)
Paul Tudor Jones 18,900 sh (-62.94%)
» More
» Details

Insider Trades

Latest Guru Trades with JBL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 New Buy0.34%$18.27 - $20 $ 20.054%362946
Ray Dalio 2013-03-31 Sold Out 0.02%$18.27 - $20 $ 20.054%0
Joel Greenblatt 2012-12-31 Sold Out 0.04%$16.97 - $19.95 $ 20.0511%0
Ray Dalio 2012-12-31 New Buy0.02%$16.97 - $19.95 $ 20.0511%87816
Ray Dalio 2012-09-30 Sold Out 0.1%$18.7 - $23.49 $ 20.05-6%0
Joel Greenblatt 2012-09-30 New Buy0.04%$18.7 - $23.49 $ 20.05-6%29281
Scott Black 2012-06-30 Add 11.05%0.12%$18.05 - $25.56 $ 20.05-4%368234
Ray Dalio 2012-06-30 New Buy0.1%$18.05 - $25.56 $ 20.05-4%342978
PRIMECAP Management 2012-06-30 Add 200.46%0.05%$18.05 - $25.56 $ 20.05-4%2382660
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry
vs
history
P/E(ttm) 11.10
JBL's P/E(ttm) is ranked higher than
90% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 20.31 vs. JBL: 11.10 )
JBL' s 10-Year P/E(ttm) Range
Min: 8.23   Max: 311
Current: 11.1

8.23
311
P/B 1.80
JBL's P/B is ranked lower than
68% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 1.23 vs. JBL: 1.80 )
JBL' s 10-Year P/B Range
Min: 0.48   Max: 15.47
Current: 1.8

0.48
15.47
P/S 0.24
JBL's P/S is ranked higher than
88% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 0.73 vs. JBL: 0.24 )
JBL' s 10-Year P/S Range
Min: 0.05   Max: 3.48
Current: 0.24

0.05
3.48
PFCF 17.10
JBL's PFCF is ranked lower than
65% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 13.74 vs. JBL: 17.10 )
JBL' s 10-Year PFCF Range
Min: 3.89   Max: 243.82
Current: 17.1

3.89
243.82
EV-to-EBIT 7.5
JBL's EV-to-EBIT is ranked higher than
93% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 15.40 vs. JBL: 7.5 )
JBL' s 10-Year EV-to-EBIT Range
Min: 5.9   Max: 253.4
Current: 7.5

5.9
253.4
Shiller P/E 1102.1
JBL's Shiller P/E is ranked higher than
92% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 21.15 vs. JBL: 1102.1 )
JBL' s 10-Year Shiller P/E Range
Min: 8.82   Max: 1102.1
Current: 1102.1

8.82
1102.1

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.60
JBL's Dividend Yield is ranked higher than
62% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 2.33 vs. JBL: 1.60 )
JBL' s 10-Year Dividend Yield Range
Min: 0.17   Max: 8.59
Current: 1.6

0.17
8.59
Dividend Payout 0.1769
JBL's Dividend Payout is ranked higher than
98% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 0.71 vs. JBL: 0.1769 )
JBL' s 10-Year Dividend Payout Range
Min: 0.16   Max: 0.79
Current: 0.18

0.16
0.79
Dividend growth (3y) 3.4
JBL's Dividend growth (3y) is ranked higher than
97% of the 1946 Companies
in the Global Contract Manufacturers industry.

( Industry Median: -3.20 vs. JBL: 3.4 )
JBL' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 18.9
Current: 3.4

0
18.9
Yield on cost (5-Year) 1.83
JBL's Yield on cost (5-Year) is ranked higher than
66% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 2.39 vs. JBL: 1.83 )
JBL' s 10-Year Yield on cost (5-Year) Range
Min: 0.19   Max: 9.81
Current: 1.83

0.19
9.81
Share Buyback Rate -0.5
JBL's Share Buyback Rate is ranked higher than
92% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: -1.10 vs. JBL: -0.5 )
JBL' s 10-Year Share Buyback Rate Range
Min: 0.7   Max: -5.2
Current: -0.5

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 2.1
JBL's Price/Net Current Asset Value is ranked higher than
75% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 4.10 vs. JBL: 2.1 )
JBL' s 10-Year Price/Net Current Asset Value Range
Min: 1.1   Max: 19
Current: 2.1

1.1
19
Price/Tangible Book 2.1
JBL's Price/Tangible Book is ranked higher than
81% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 1.40 vs. JBL: 2.1 )
JBL' s 10-Year Price/Tangible Book Range
Min: 1.5   Max: 9.4
Current: 2.1

1.5
9.4
Price/DCF (Projected) 1.1
JBL's Price/DCF (Projected) is ranked higher than
91% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 1.10 vs. JBL: 1.1 )
JBL' s 10-Year Price/DCF (Projected) Range
Min: 0.7   Max: 1.7
Current: 1.1

0.7
1.7
Price/Median PS Value 0.4
JBL's Price/Median PS Value is ranked higher than
82% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 0.80 vs. JBL: 0.4 )
JBL' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 6
Current: 0.4

0.3
6
Price/Graham Number 1
JBL's Price/Graham Number is ranked higher than
75% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 1.10 vs. JBL: 1 )
JBL' s 10-Year Price/Graham Number Range
Min: 1   Max: 5.9
Current: 1

1
5.9
Earnings Yield (Greenblatt) 13.30
JBL's Earnings Yield (Greenblatt) is ranked higher than
95% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 5.45 vs. JBL: 13.30 )
JBL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 16.9
Current: 13.3

0.4
16.9
Forward Rate of Return (Yacktman) 3.2
JBL's Forward Rate of Return (Yacktman) is ranked higher than
92% of the 1561 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 3.01 vs. JBL: 3.2 )
JBL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.7   Max: 27.9
Current: 3.2

0.7
27.9

Business Description

Jabil Circuit, Inc. was incorporated in Delaware in 1992. The Company is a provider of worldwide electronic manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in the aerospace, automotive, computing, consumer, defense, industrial, instrumentation, medical, networking, peripherals, solar, storage and telecommunications industries. The Company serves its customers primarily with dedicated business units that combine highly automated, continuous flow manufacturing with advanced electronic design and design for manufacturability. The Company currently depends, and expects to continue to depend, upon a relatively small number of customers for a significant percentage of its revenue, net of estimated return costs ("net revenue"). Based on net revenue, for the fiscal year ended August 31, 2012 its largest customers currently include Agilent Technologies, Apple Inc., Cisco Systems, Inc., Ericsson, EchoStar Corporation, General Electric Company, Hewlett-Packard Company, International Business Machines Corporation, NetApp, Inc. and Research in Motion Limited. The Company currently conducts its operations in facilities that are located in Argentina, Austria, Belgium, Brazil, Canada, China, England, France, Germany, Hungary, India, Ireland, Israel, Italy, Japan, Malaysia, Mexico, The Netherlands, Poland, Russia, Scotland, Singapore, South Korea, Taiwan, Turkey, Ukraine, United Arab Emirates, the U.S. and Vietnam. The Company's global manufacturing production sites allow customers to manufacture products simultaneously in the optimal locations for their products. Its services allow customers to reduce manufacturing costs, improve supply-chain management, reduce inventory obsolescence, lower transportation costs and reduce product fulfillment time. The Company manages its business and operations in the following three segments: Diversified Manufacturing Services ("DMS"), Enterprise & Infrastructure ("E&I") and High Velocity Systems ("HVS"). Its DMS segment is composed of dedicated resources to manage higher complexity global products in regulated and other industries and introduce materials and process technologies including design and aftermarket services to its global customers. The Company's E&I and HVS segments offer integrated global manufacturing and supply chain solutions designed to provide cost effective solutions for its customers. Its E&I segment is focused on its customers primarily in the computing, storage, networking and telecommunication sectors. The Company's HVS segment is focused on the particular needs of the consumer products industry, including mobility, display, set-top boxes and peripheral products such as printers and point of sale terminals. The Company is subject to a variety of federal, state, local and foreign environmental, product stewardship and producer responsibility laws and regulations, including those relating to the us
Company Website
SEC Reports
Industry: Contract Manufacturers
Compare:FLEX, RAVN, PLXS, TTMI, KBALB
Traded in other countries:JBL.Germany

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