JB Foods (SGX:BEW) EBITDA: S$174 Mil (TTM As of Mar. 2026)


SGX:BEW JB Foods Ltd SGX:BEW
80 GF Score
Price S$0.72
GF Value S$1.03
Valuation Significantly Undervalued
! 6 Warning Signs
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What is JB Foods EBITDA?

JB Foods SGX:BEW +0.70% 80 EBITDA is S$174 Mil as of Mar. 2026. GuruFocus rates SGX:BEW with a GF Score™ of 80/100 and a GF Value™ of S$1.03 (Significantly Undervalued). The stock has 6 warning signs investors should review.

JB Foods's EBITDA for the six months ended in Mar. 2026 was S$59 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was S$174 Mil.

During the past 12 months, the average EBITDA Growth Rate of JB Foods was 442.20% per year. During the past 3 years, the average EBITDA Growth Rate was 64.40% per year. During the past 5 years, the average EBITDA Growth Rate was 14.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of JB Foods was 67.90% per year. The lowest was -11.00% per year. And the median was 8.70% per year.

JB Foods's EBITDA per Share for the six months ended in Mar. 2026 was S$0.17. Its EBITDA per share for the trailing twelve months (TTM) ended in Mar. 2026 was S$0.51.

During the past 12 months, the average EBITDA per Share Growth Rate of JB Foods was 384.40% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 58.30% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 12.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of JB Foods was 62.80% per year. The lowest was -22.60% per year. And the median was -0.40% per year.

JB Foods  (SGX:BEW) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


JB Foods EBITDA Related Terms


JB Foods EBITDA Historical Data

* Premium members only.

The historical data trend for JB Foods's EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

JB Foods EBITDA Chart

JB Foods Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar26
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.64 40.30 45.56 33.03 179.09

JB Foods Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep25 Mar26
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.65 0.92 79.92 115.55 58.68

SGX:BEW vs MDLZ, HSY, TR: EBITDA Comparison

For the Confectioners subindustry, JB Foods's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JB Foods EV-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JB Foods's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where JB Foods's EV-to-EBITDA falls into.


SGX:BEW
80GF Score
JB Foods Ltd SGX:BEW
EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

JB Foods's EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

JB Foods's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Mar. 2026, JB Foods's EBITDA was S$179 Mil.

JB Foods's EBITDA for the quarter that ended in Mar. 2026 is calculated as

JB Foods's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Mar. 2026, JB Foods's EBITDA was S$59 Mil.

EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$174 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Frequently Asked Questions Learn more about EBITDA →
What does a EBITDA of S$174 Mil mean?
JB Foods (SGX:BEW) has a EBITDA of S$174 Mil as of Mar. 2026. Ebitda is the difference between operating revenue and operating expenses not including depreciation and amortization. View historical data on JB Foods.
Is JB Foods' EBITDA too high?
JB Foods' current EBITDA is S$174 Mil. Overall, JB Foods has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JB Foods' EBITDA compare to MDLZ and HSY?
JB Foods' EBITDA of S$174 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA for a Consumer Packaged Goods company?
A good EBITDA depends on the Consumer Packaged Goods industry context. However, EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA mean?
A high EBITDA can signal that a stock is expensive relative to its fundamentals. Ebitda is the difference between operating revenue and operating expenses not including depreciation and amortization. View historical data on JB Foods. JB Foods's current EBITDA is S$174 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JB Foods stock overvalued right now?
Based on GuruFocus' analysis, JB Foods (SGX:BEW) is currently considered Significantly Undervalued. The stock's GF Value™ is S$1.03, compared to a current price of S$0.72 — trading 30.6% below its estimated fair value. The current EBITDA is S$174 Mil. JB Foods' overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA calculated?
EBITDA is calculated from a company's financial statements. For JB Foods (SGX:BEW), the current EBITDA is S$174 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JB Foods (SGX:BEW) Overvalued in 2026?

Based on GuruFocus' analysis, JB Foods stock appears to be undervalued. The current stock price of S$0.72 is trading 30.6% below its estimated GF Value™ of S$1.03. GuruFocus considers JB Foods to be Significantly Undervalued.

Key valuation signals for SGX:BEW:

  • EBITDA: S$174 Mil
  • GF Value™: S$1.03 vs. price of S$0.72 (30.6% below fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the SGX:BEW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JB Foods Business Description

Address Lot CP1, Jalan Tanjung A/6, Pelabuhan Tanjung Pelepas, Gelang Patah, JHR, MYS, 81560
JB Foods Ltd produces cocoa products. The company's products include cocoa powder, cocoa mass, and cocoa butter. The group's products are sold under the 'JB COCOA' brand name to the international customer base, ranging from international trade houses to end users such as food and beverage and confectionery manufacturers. The Group's key customers include Nestle Group, Mondelez Group, Mars Group, Hershey's Group, Itochu Corporation, Theobroma B.V., General Cocoa Company Inc., Olam Europe Limited, etc. The group operates in only one business segment, which is the production and sale of cocoa ingredients products. Geographically, the company derives the majority of its revenue from Singapore.
80GF Score

Get the complete analysis for SGX:BEW

EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.72
Price
S$1.03
GF Value