John Good Will vs Net Tangible Assets Analysis

JBSS Stock  USD 97.66  0.32  0.33%   
John B financial indicator trend analysis is infinitely more than just investigating John B Sanfilippo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether John B Sanfilippo is a good investment. Please check the relationship between John B Good Will and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John B Sanfilippo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Good Will vs Net Tangible Assets

Good Will vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of John B Sanfilippo Good Will account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between John B's Good Will and Net Tangible Assets is 0.45. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of John B Sanfilippo, assuming nothing else is changed. The correlation between historical values of John B's Good Will and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of John B Sanfilippo are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Good Will i.e., John B's Good Will and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from John B's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into John B Sanfilippo current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John B Sanfilippo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, John B's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 8.49 in 2024, whereas Tax Provision is likely to drop slightly above 19.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit199.6M211.6M243.4M255.5M
Total Revenue955.9M999.7M1.1B624.0M

John B fundamental ratios Correlations

0.160.490.690.970.930.160.810.690.420.95-0.170.420.90.760.840.960.60.890.80.410.980.190.210.00.58
0.16-0.060.67-0.030.281.0-0.240.180.210.060.150.210.01-0.350.230.28-0.09-0.250.56-0.50.230.97-0.01-0.81-0.56
0.49-0.060.280.490.52-0.060.280.13-0.050.58-0.49-0.050.380.390.430.390.70.490.360.00.410.010.330.140.35
0.690.670.280.490.730.670.440.470.210.60.020.210.450.240.680.770.380.460.960.130.710.740.15-0.310.07
0.97-0.030.490.490.86-0.040.80.680.410.93-0.210.410.930.840.730.90.60.90.620.470.94-0.010.180.120.68
0.930.280.520.730.860.280.750.540.460.95-0.090.460.770.610.890.860.630.810.840.320.870.280.19-0.150.37
0.161.0-0.060.67-0.040.28-0.240.180.190.050.140.190.0-0.360.220.28-0.09-0.250.56-0.50.220.97-0.01-0.8-0.57
0.81-0.240.280.440.80.75-0.240.40.380.79-0.040.380.740.750.780.760.450.940.60.750.78-0.210.10.310.69
0.690.180.130.470.680.540.180.40.080.59-0.40.080.720.520.510.690.220.530.520.040.710.190.23-0.060.44
0.420.21-0.050.210.410.460.190.380.080.410.241.00.450.340.50.380.050.330.340.10.410.1-0.08-0.30.19
0.950.060.580.60.930.950.050.790.590.41-0.190.410.810.760.840.840.730.910.740.410.860.080.370.120.57
-0.170.15-0.490.02-0.21-0.090.14-0.04-0.40.24-0.190.24-0.25-0.11-0.16-0.13-0.26-0.19-0.050.25-0.150.1-0.39-0.14-0.31
0.420.21-0.050.210.410.460.190.380.081.00.410.240.450.340.50.380.050.330.340.10.410.1-0.08-0.30.19
0.90.010.380.450.930.770.00.740.720.450.81-0.250.450.770.70.840.440.80.580.360.910.030.020.00.69
0.76-0.350.390.240.840.61-0.360.750.520.340.76-0.110.340.770.540.680.540.860.370.610.72-0.310.150.420.89
0.840.230.430.680.730.890.220.780.510.50.84-0.160.50.70.540.780.430.790.850.210.790.190.27-0.120.38
0.960.280.390.770.90.860.280.760.690.380.84-0.130.380.840.680.780.450.80.840.40.990.330.11-0.090.49
0.6-0.090.70.380.60.63-0.090.450.220.050.73-0.260.050.440.540.430.450.630.430.370.470.010.420.380.44
0.89-0.250.490.460.90.81-0.250.940.530.330.91-0.190.330.80.860.790.80.630.620.670.83-0.20.250.370.78
0.80.560.360.960.620.840.560.60.520.340.74-0.050.340.580.370.850.840.430.620.170.80.60.21-0.260.19
0.41-0.50.00.130.470.32-0.50.750.040.10.410.250.10.360.610.210.40.370.670.170.39-0.41-0.10.60.6
0.980.230.410.710.940.870.220.780.710.410.86-0.150.410.910.720.790.990.470.830.80.390.260.09-0.080.55
0.190.970.010.74-0.010.280.97-0.210.190.10.080.10.10.03-0.310.190.330.01-0.20.6-0.410.260.0-0.7-0.49
0.21-0.010.330.150.180.19-0.010.10.23-0.080.37-0.39-0.080.020.150.270.110.420.250.21-0.10.090.00.410.18
0.0-0.810.14-0.310.12-0.15-0.80.31-0.06-0.30.12-0.14-0.30.00.42-0.12-0.090.380.37-0.260.6-0.08-0.70.410.62
0.58-0.560.350.070.680.37-0.570.690.440.190.57-0.310.190.690.890.380.490.440.780.190.60.55-0.490.180.62
Click cells to compare fundamentals

John B Account Relationship Matchups

John B fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets407.5M398.5M447.3M425.3M489.1M339.9M
Short Long Term Debt Total52.1M26.6M52.7M12.8M11.5M11.0M
Other Current Liab41.5M37.7M31.2M23.4M26.9M18.7M
Total Current Liabilities112.2M100.2M122.8M85.7M98.5M102.5M
Total Stockholder Equity238.2M242.5M278.8M292.2M336.0M179.9M
Property Plant And Equipment Net128.1M136.9M134.9M127.2M146.3M118.0M
Net Debt50.5M25.9M52.2M10.9M9.8M9.3M
Retained Earnings124.1M126.3M153.6M161.5M185.7M195.0M
Accounts Payable36.3M48.9M47.7M42.7M49.1M31.8M
Cash1.5M672K415K1.9M2.2M1.5M
Non Current Assets Total168.6M173.3M164.1M170.9M196.5M140.7M
Non Currrent Assets Other(17.2M)(18.4M)(20.9M)6.9M6.3M6.6M
Cash And Short Term Investments1.5M672K415K1.9M2.2M1.5M
Net Receivables57.0M66.3M69.6M72.7M83.6M46.7M
Common Stock Shares Outstanding11.5M11.6M11.6M11.6M13.4M11.3M
Liabilities And Stockholders Equity407.5M398.5M447.3M425.3M489.1M339.9M
Non Current Liabilities Total57.1M55.8M45.7M47.4M54.5M57.5M
Inventory172.1M148.0M204.9M172.9M198.9M144.5M
Other Current Assets8.3M8.6M8.3M6.8M7.8M5.4M
Other Stockholder Equity122.7M125.1M127.6M130.8M150.4M131.3M
Total Liab169.2M156.0M168.4M133.1M153.0M159.9M
Property Plant And Equipment Gross111.0M120.6M384.9M394.6M453.7M476.4M
Total Current Assets238.9M225.2M283.2M254.4M292.6M199.1M
Accumulated Other Comprehensive Income(8.6M)(9.0M)(2.5M)(204K)(234.6K)(246.3K)
Short Term Debt34.3M13.6M43.8M957K861.3K818.2K
Intangible Assets21.8M10.0M8.1M6.7M7.7M8.4M
Other Assets18.7M16.8M11.5M10.5M12.1M11.5M
Long Term Debt14.7M10.9M7.8M7.1M6.4M6.1M
Property Plant Equipment128.1M136.9M134.9M141.9M163.2M139.1M
Other Liab39.3M42.8M36.8M35.5M40.8M24.9M
Net Tangible Assets216.5M222.9M261.1M273.8M314.9M253.2M
Retained Earnings Total Equity137.7M124.1M126.3M153.6M176.6M127.5M
Long Term Debt Total20.4M14.7M10.9M7.8M7.0M6.6M
Capital Surpluse122.3M123.9M126.3M128.8M148.1M128.4M
Non Current Liabilities Other7.8M7.9M37.9M1.5M1.4M1.3M

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When determining whether John B Sanfilippo is a strong investment it is important to analyze John B's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact John B's future performance. For an informed investment choice regarding John Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John B Sanfilippo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Is John B's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of John B. If investors know John will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about John B listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
0.8
Earnings Share
5.56
Revenue Per Share
88.844
Quarterly Revenue Growth
0.14
The market value of John B Sanfilippo is measured differently than its book value, which is the value of John that is recorded on the company's balance sheet. Investors also form their own opinion of John B's value that differs from its market value or its book value, called intrinsic value, which is John B's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because John B's market value can be influenced by many factors that don't directly affect John B's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between John B's value and its price as these two are different measures arrived at by different means. Investors typically determine if John B is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, John B's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.