John B. Sanfilippo & Son, Inc. (JBSS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+182.4%

$152.14

vs $53.87 price

Levered DCF

$131.86

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

4.11

Safe zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	16.06×	12.44×	18.67×	21.98×	13.52×	17.03×	17.5×	23.01×
P/B	2.62×	2.03×	3.49×	4.73×	3×	4.19×	3.98×	3.57×
P/S	0.85×	0.66×	1.06×	1.38×	0.87×	1.18×	1.08×	1.04×
EV / EBITDA	9.28×	7.4×	10.8×	12.7×	8.72×	10.47×	10.77×	12.88×
Gross margin	18.0%	18.4%	20.1%	21.2%	20.9%	21.5%	20.0%	18.1%
Operating margin	7.4%	7.7%	8.0%	9.0%	9.1%	9.9%	8.9%	6.2%
Net margin	5.3%	5.3%	5.6%	6.3%	6.5%	7.0%	6.1%	4.5%
Current ratio	2.08×	2.22×	2.34×	2.97×	2.31×	2.25×	2.13×	2.69×
Debt / equity	0.29×	0.28×	0.16×	0.04×	0.19×	0.11×	0.22×	0.11×
Interest coverage	35.8×	23.85×	33.42×	41.79×	45.52×	59.11×	39.18×	17.77×
Dividend yield	4.7%	3.3%	3.1%	4.0%	4.1%	5.7%	7.3%	3.2%
Payout ratio	75.5%	41.4%	57.8%	87.4%	55.9%	96.2%	127.0%	73.7%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	16.3%	16.3%	18.7%	21.5%	22.2%	24.6%	22.7%	15.5%
Return on invested capital	12.1%	12.7%	15.6%	19.5%	18.0%	20.4%	17.7%	13.0%
Return on assets	9.4%	9.9%	11.7%	14.8%	13.8%	15.0%	13.3%	10.1%
Free cash flow yield	3.6%	-2.7%	6.5%	7.5%	0.2%	7.8%	5.1%	7.5%
Earnings yield	6.2%	8.0%	5.4%	4.5%	7.4%	5.9%	5.7%	4.3%
Enterprise value	$1.1B	$835.5M	$1.2B	$1.4B	$888.6M	$1B	$997.7M	$934.6M
Net debt / EBITDA	0.91×	0.9×	0.48×	0.1×	0.51×	0.26×	0.55×	0.37×
Cash conversion cycle (days)	-1	104	90	87	102	82	94	84