JB HI-FI LIMITED (JBH)
Share Price Analysis and Chart

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JBH - JB HI-FI LIMITED

FNArena Sector : Consumer Electronics
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 0.62
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

JB HiFi is an Australian retail chain specialising in consumer electronics and whitegoods. Originally formed in 1974 in Victoria, the company was aquired by private equiry and floated on the ASX in 2003. It acquired The Good Guys in late 2016. JB Hi-Fi is one of the lowest cost operators of its kind globally.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$48.95

07 Dec
2023

0.160

OPEN

$48.94

0.33%

HIGH

$49.37

372,283

LOW

$48.81

TARGET
$44.317 -9.5% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMS . AUA . HVN .
FNARENA'S MARKET CONSENSUS FORECASTS
JBH: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 480.0 333.1 xxx
DPS (cps) xxx 312.0 220.0 xxx
EPS Growth xxx 0.2% - 30.6% xxx
DPS Growth xxx - 1.3% - 29.5% xxx
PE Ratio xxx N/A 14.7 xxx
Dividend Yield xxx N/A 4.5% xxx
Div Pay Ratio(%) xxx 65.0% 66.1% xxx

Dividend yield today if purchased 3 years ago: 7.27%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.36

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 24/08 - ex-div 115c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx480.0
DPS All xxxxxxxxxxxxxxx312.0
Sales/Revenue xxxxxxxxxxxxxxx9,626.4 M
Book Value Per Share xxxxxxxxxxxxxxx1,298.4
Net Operating Cash Flow xxxxxxxxxxxxxxx716.4 M
Net Profit Margin xxxxxxxxxxxxxxx5.45 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx38.86 %
Return on Invested Capital xxxxxxxxxxxxxxx29.00 %
Return on Assets xxxxxxxxxxxxxxx15.76 %
Return on Equity xxxxxxxxxxxxxxx38.86 %
Return on Total Capital xxxxxxxxxxxxxxx42.25 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx261.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx174 M
Long Term Debt xxxxxxxxxxxxxxx481 M
Total Debt xxxxxxxxxxxxxxx655 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx177 M
Price To Book Value xxxxxxxxxxxxxxx3.37

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx72.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.75 %
Cost of Goods Sold xxxxxxxxxxxxxxx7,444 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,346 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.4

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

04/10/2023

4

Lighten

$36.50

-25.43%

Ord Minnett reviews the retail sector and expects only mild discretionary goods sales growth in FY24 as interest rates remain elevated and households battle inflation.

Given rising wages, softening demand and likely promotions in discretionary retail, the broker expects sector earnings to be pressured.

The broker also observes shoplifting is on the rise. All up, it spies a possible derating of defensive yield stocks.

Lighten rating retained. Target price is $36.50.

This story was published on October 3.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 214.00 cents and EPS of 329.90 cents.
Ord Minnett forecasts a full year FY25 dividend of 220.00 cents and EPS of 338.50 cents.

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

JBH STOCK CHART

FNArena News on JBH

1
ESG Focus: The Little Big Things – 30-11-2023

Nov 30 2023 - ESG Focus
2
Rudi’s View: Quality In Stocks; What Is It Good For?

Nov 22 2023 - Rudi's View
3
ESG Focus: Day Of The TRIFRS

Nov 09 2023 - ESG Focus
4
Australian Broker Call *Extra* Edition – Nov 06, 2023

Nov 06 2023 - Daily Market Reports
5
Weekly Ratings, Targets, Forecast Changes – 03-11-23

Nov 06 2023 - Weekly Reports

Latest Consumer Electronics News

1
JB Hi-Fi: How Resilient To Spending Slowdown?

Aug 18 2022 - Australia
2
JB Hi-Fi Beats, But What About Next Year?

Jul 20 2022 - Australia
3
JB Hi-Fi: Looking Grim

May 10 2022 - Technicals
4
Capital Management Upside For JB Hi-Fi?

Jan 19 2022 - Australia
5
JB Hi-Fi: One To Watch

Nov 23 2021 - Technicals
6
Harvey Norman On The Move

Jul 06 2021 - Technicals
7
Will Harvey Norman’s Purple Patch Prevail?

Mar 01 2021 - Australia
8
JB Hi-Fi: Buying Opportunity

Feb 16 2021 - Technicals
9
Treasure Chest: Home At The Heart Of JB Hi-Fi

Dec 16 2020 - Treasure Chest
10
Harvey Norman: On The Move

Aug 04 2020 - Technicals