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Jabil Circuit Inc (JBL)



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Upturn Advisory Summary
04/01/2025: JBL (3-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 20.48% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Large-Cap Stock | Market Capitalization 14.94B USD | Price to earnings Ratio 30.73 | 1Y Target Price 171.01 |
Price to earnings Ratio 30.73 | 1Y Target Price 171.01 | ||
Volume (30-day avg) 1486402 | Beta 1.19 | 52 Weeks Range 95.67 - 174.72 | Updated Date 04/1/2025 |
52 Weeks Range 95.67 - 174.72 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 0.24% | Basic EPS (TTM) 4.44 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-13 | When Before Market | Estimate 1.8273 | Actual 1.94 |
Profitability
Profit Margin 1.76% | Operating Margin (TTM) 4.43% |
Management Effectiveness
Return on Assets (TTM) 4.62% | Return on Equity (TTM) 24.1% |
Valuation
Trailing PE 30.73 | Forward PE 15.48 | Enterprise Value 16643762244 | Price to Sales(TTM) 0.54 |
Enterprise Value 16643762244 | Price to Sales(TTM) 0.54 | ||
Enterprise Value to Revenue 0.61 | Enterprise Value to EBITDA 9.12 | Shares Outstanding 109535000 | Shares Floating 106278700 |
Shares Outstanding 109535000 | Shares Floating 106278700 | ||
Percent Insiders 1.83 | Percent Institutions 96.03 |
Analyst Ratings
Rating 4.11 | Target Price 165.14 | Buy 4 | Strong Buy 3 |
Buy 4 | Strong Buy 3 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Jabil Circuit Inc

Company Overview
History and Background
Jabil Circuit Inc. was founded in 1966 in Detroit, Michigan by William E. Morean and James Golden. Initially focused on PCB assembly, it expanded into a global provider of electronic manufacturing services (EMS) and manufacturing solutions.
Core Business Areas
- Electronics Manufacturing Services (EMS): Provides comprehensive electronics design, production, and product management services.
- Engineering and Design Services: Offers engineering, design, and prototyping services to customers.
- Supply Chain Management: Manages global supply chains for component sourcing, procurement, and logistics.
- Healthcare: Manufacturing for healthcare related products. Includes complex medical devices and manufacturing.
Leadership and Structure
CEO: Kenneth S. Wilson. The company has a hierarchical organizational structure with various business units and functional departments.
Top Products and Market Share
Key Offerings
- Printed Circuit Board Assembly (PCBA): Assembly of electronic components onto printed circuit boards. Competitors include Flex, Sanmina, and Celestica. Market share data varies but Jabil is a major player in the EMS industry with around 11.7% market share in 2023.
- Complex Medical Devices Manufacturing: Manufacturing of complex medical devices for various healthcare applications. Competitors include Flex, Sanmina, and Integer Holdings. Revenue data not publicly disaggregated, but healthcare is a growing segment for Jabil.
- Enclosures: Manufacturing enclosures for electronic devices.Competitors include Flex, Sanmina, and Celestica. Market share data varies but Jabil is a major player in the EMS industry.
Market Dynamics
Industry Overview
The EMS industry is characterized by intense competition, rapid technological changes, and globalization. Demand is driven by the increasing complexity of electronics and the outsourcing trend among OEMs.
Positioning
Jabil is a leading EMS provider, known for its scale, global reach, and vertically integrated capabilities. Competitive advantages include its strong engineering expertise and supply chain management capabilities.
Total Addressable Market (TAM)
The global EMS market is estimated to be around $600-700 billion. Jabil is well-positioned to capture a significant share of this TAM due to its capabilities and global footprint.
Upturn SWOT Analysis
Strengths
- Global Scale and Reach
- Strong Engineering Capabilities
- Vertically Integrated Services
- Established Customer Relationships
- Healthcare Manufacturing Capabilities
Weaknesses
- Dependence on Key Customers
- Exposure to Cyclical Demand
- Profitability Fluctuations
- Geopolitical Risks
- Inventory management
Opportunities
- Expansion into New Markets
- Growth in the Healthcare Sector
- Increasing Demand for IoT Devices
- Adoption of Advanced Manufacturing Technologies
- Strategic Acquisitions
Threats
- Intense Competition
- Supply Chain Disruptions
- Economic Downturns
- Rising Labor Costs
- Technological Obsolescence
Competitors and Market Share
Key Competitors
- Flex (FLEX)
- Sanmina (SANM)
- Celestica (CLS)
Competitive Landscape
Jabil's advantages include its strong engineering capabilities, global scale, and healthcare focus. Disadvantages include its dependence on key customers and exposure to cyclical demand. Flex is a major competitor because of their scale and cost efficiency while Sanmina excels in high-complexity manufacturing.
Major Acquisitions
Retina
- Year: 2023
- Acquisition Price (USD millions): 185
- Strategic Rationale: Expanded Jabil's healthcare manufacturing capabilities.
Growth Trajectory and Initiatives
Historical Growth: Jabil has demonstrated consistent revenue growth driven by expansion into new markets and strategic acquisitions. Profitability has been more volatile due to economic cycles and competitive pressures.
Future Projections: Analysts project continued revenue growth driven by demand in healthcare, 5G, and electric vehicles. EPS growth is expected to be moderate due to ongoing investments and margin pressures.
Recent Initiatives: Recent initiatives include investments in automation and advanced manufacturing technologies, expansion of its healthcare manufacturing capabilities, and strategic acquisitions to enhance its service offerings.
Summary
Jabil is a major player in the EMS industry, benefiting from its scale and engineering capabilities. Its healthcare segment provides growth opportunities, but dependence on key clients and economic cycles pose challenges. Strategic acquisitions and investments are aimed at bolstering long-term growth and competitiveness. While its is a strong player in the market, it has some weaknesses it must be aware of to maintain its market position.
Similar Companies

CLS

Celestica Inc.



CLS

Celestica Inc.

FLEX

Flex Ltd



FLEX

Flex Ltd

SANM

Sanmina Corporation



SANM

Sanmina Corporation
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q), Investor Presentations, Analyst Reports, Industry Research Reports
Disclaimers:
This analysis is based on publicly available information and analyst estimates. It is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Jabil Circuit Inc
Exchange NYSE | Headquaters Saint Petersburg, FL, United States | ||
IPO Launch date 1993-04-29 | CEO & Director Mr. Michael Dastoor | ||
Sector Technology | Industry Electronic Components | Full time employees 138000 | Website https://www.jabil.com |
Full time employees 138000 | Website https://www.jabil.com |
Jabil Inc. provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA). It also provides three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as various industrial design, mechanism development, and tooling management services. In addition, the company provides computer-assisted design services consisting of PCBA design, as well as PCBA design validation and verification services; and other consulting services, such as the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services. Additionally, the company provides systems assembly, test, direct-order fulfillment, and configure-to-order services. It serves 5G, wireless and cloud, digital print and retail, industrial and semi-cap, networking and storage, automotive and transportation, connected devices, healthcare and packaging, and mobility industries. The company was formerly known as Jabil Circuit, Inc. and changed its name to Jabil Inc. in June 2017. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida.
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