JB Hi Current Valuation vs. Total Debt
| JBH Stock | 90.86 0.31 0.34% |
For JB Hi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JB Hi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JB Hi Fi utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JB Hi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JB Hi Fi over time as well as its relative position and ranking within its peers.
JBH |
JB Hi Fi Total Debt vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining JB Hi's current stock value. Our valuation model uses many indicators to compare JB Hi value to that of its competitors to determine the firm's financial worth. JB Hi Fi is considered the number one company in current valuation category among its peers. It also is considered the number one company in total debt category among its peers making up about 0.06 of Total Debt per Current Valuation. The ratio of Current Valuation to Total Debt for JB Hi Fi is roughly 15.63 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the JB Hi's earnings, one of the primary drivers of an investment's value.JBH Current Valuation vs. Competition
JB Hi Fi is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is currently estimated at about 106.27 Billion. JB Hi holds roughly 10.27 Billion in current valuation claiming about 10% of stocks in Consumer Discretionary industry.
JBH Total Debt vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
JB Hi |
| = | 10.27 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
JB Hi |
| = | 657.4 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
JBH Total Debt vs Competition
JB Hi Fi is considered the number one company in total debt category among its peers. Total debt of Consumer Discretionary industry is currently estimated at about 6.38 Billion. JB Hi retains roughly 657.4 Million in total debt claiming about 10% of stocks in Consumer Discretionary industry.
JB Hi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in JB Hi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, JB Hi will eventually generate negative long term returns. The profitability progress is the general direction of JB Hi's change in net profit over the period of time. It can combine multiple indicators of JB Hi, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 28.5 M | 22.5 M | |
| Operating Income | 725.2 M | 761.5 M | |
| Income Before Tax | 627.4 M | 658.8 M | |
| Net Income Applicable To Common Shares | 603.3 M | 633.5 M | |
| Net Income | 438.8 M | 460.7 M | |
| Income Tax Expense | 188.6 M | 198 M | |
| Total Other Income Expense Net | -97.8 M | -92.9 M | |
| Net Income From Continuing Ops | 438.8 M | 338.9 M | |
| Net Interest Income | -31 M | -29.4 M | |
| Change To Netincome | 22.2 M | 21.2 M |
JBH Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on JB Hi. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of JB Hi position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the JB Hi's important profitability drivers and their relationship over time.
Use JB Hi in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JB Hi position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JB Hi will appreciate offsetting losses from the drop in the long position's value.JB Hi Pair Trading
JB Hi Fi Pair Trading Analysis
The ability to find closely correlated positions to JB Hi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JB Hi when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JB Hi - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JB Hi Fi to buy it.
The correlation of JB Hi is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JB Hi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JB Hi Fi moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JB Hi can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your JB Hi position
In addition to having JB Hi in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Books Thematic Idea Now
Books
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Books Theme or any other thematic opportunities.
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Additional Tools for JBH Stock Analysis
When running JB Hi's price analysis, check to measure JB Hi's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JB Hi is operating at the current time. Most of JB Hi's value examination focuses on studying past and present price action to predict the probability of JB Hi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JB Hi's price. Additionally, you may evaluate how the addition of JB Hi to your portfolios can decrease your overall portfolio volatility.