John Bean Technologies Corporation (JBT) Company Bio
John Bean Technologies designs, manufactures, tests, and services products and systems for food processing and air transportation industries. The company was founded in 2008 and is based in Chicago, Illinois.
JBT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for JBT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that John Bean Technologies CORP ranked in the 59th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 36%. In terms of the factors that were most noteworthy in this DCF analysis for JBT, they are:
JBT's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 28.28% of tickers in our DCF set.
John Bean Technologies CORP's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 10.73. This coverage rate is greater than that of 77.9% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, John Bean Technologies CORP experienced a tax rate of about 19% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than 73.33% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of John Bean Technologies CORP? See KSU, WCC, MTZ, ARCB, and SHYF.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
JBT Corporation (NYSE: JBT) announced today that Brian Deck has been appointed President and Chief Executive Officer. He has also been elected to the Board of Directors. Mr. Deck has served as Interim President and CEO of JBT Corporation since June 2020 and previously served as the Company's Chief Financial Officer since 2014. His appointments are effective immediately.