JB Hi-Fi Limited (JBH) AI Stock Analysis

• Market Cap: AU$13.00B
• Dividend Yield: 2.07%
• Average Volume (3M): 369.52K
• Price to Earnings (P/E): 27.5
• Beta (1Y): 1.00
• Revenue Growth: 10.03%
• EPS Growth: 5.38%
• Country: AU
• Employees: 15,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 1.74
• Shares Outstanding: 109,333,984
• 10 Day Avg. Volume: 217,265
• 30 Day Avg. Volume: 369,523
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$107.01
• Price Target Upside: -10.03% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 10

• Rating: 75 Outperform
• Price Target: AU$133.00 ▲(11.82% Upside)

JB Hi-Fi Limited's stock is supported by strong technical momentum and a solid financial foundation. However, the high valuation and areas for improvement in profit margins and cash flow growth temper the overall score. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business sustainability and expansion.

Stable Margins

Stable margins reflect effective cost control and pricing strategies, which are crucial for maintaining profitability in a competitive retail environment.

Debt Management

Improved debt management enhances financial stability and reduces risk, providing the company with more flexibility for future investments and growth.

Negative Factors

Declining Net Profit Margin

A declining net profit margin suggests challenges in maintaining profitability, potentially due to rising costs or increased competition, which could impact future earnings.

Free Cash Flow Growth

A decline in free cash flow growth may signal potential liquidity challenges, affecting the company's ability to fund operations and invest in growth opportunities.

Return on Equity

A declining return on equity indicates inefficiencies in generating profits from shareholder investments, which could hinder investor confidence and future capital raising.

JB Hi-Fi Limited Business Overview & Revenue Model

Company Description

JB Hi-Fi Limited (JBH) is a leading Australian retailer specializing in consumer electronics, home appliances, and entertainment products. The company operates an extensive network of retail stores across Australia and New Zealand, offering a wide range of products, including televisions, computers, tablets, mobile phones, audio equipment, and a vast selection of music, movies, and games. JB Hi-Fi is known for its competitive pricing, extensive product range, and exceptional customer service.

How the Company Makes Money

JB Hi-Fi Limited generates revenue primarily through the sale of consumer electronics, home appliances, and entertainment products across its retail stores and online platform. The company capitalizes on its strong brand recognition and extensive store network to attract a large customer base. Key revenue streams include sales from physical retail locations, e-commerce transactions, and ancillary services such as extended warranties and product installations. Additionally, JB Hi-Fi benefits from strategic partnerships with leading electronics manufacturers, allowing it to offer exclusive products and promotions. The company's ability to maintain competitive pricing and a broad product selection contributes significantly to its earnings.

JB Hi-Fi Limited Financial Statement Overview

Summary

JB Hi-Fi Limited shows solid financial performance with consistent revenue growth and stable margins. However, declining net profit margins and free cash flow growth highlight areas for improvement. The company should focus on enhancing operational efficiency and cash flow management to sustain its financial health.

Income Statement

JB Hi-Fi Limited has demonstrated consistent revenue growth, with a 4.5% increase in the latest year. The gross profit margin remains stable at around 22%, indicating efficient cost management. However, the net profit margin has slightly decreased to 4.38%, reflecting increased operational costs or competitive pressures. The EBIT and EBITDA margins have also seen a decline, suggesting potential challenges in maintaining operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved slightly to 0.44, indicating a stable leverage position. The equity ratio is healthy, reflecting a strong asset base relative to liabilities. However, the return on equity has decreased over the years, suggesting a need for more effective utilization of shareholder funds to generate profits.

Cash Flow

Operating cash flow remains strong, but there is a notable decline in free cash flow growth, down by 10.1%. The free cash flow to net income ratio is robust at 0.88, indicating good cash generation relative to profits. However, the decline in free cash flow growth could signal potential liquidity challenges if not addressed.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.55B	10.55B	9.59B	9.63B	9.23B	8.92B
Gross Profit	2.36B	2.36B	2.14B	2.18B	2.08B	1.98B
EBITDA	957.60M	925.90M	893.60M	995.70M	1.01B	955.60M
Net Income	462.40M	462.40M	438.80M	524.60M	544.90M	506.10M
Balance Sheet
Total Assets	3.88B	3.88B	3.49B	3.49B	3.16B	3.15B
Cash, Cash Equivalents and Short-Term Investments	284.10M	284.10M	317.70M	177.30M	125.60M	263.20M
Total Debt	714.40M	714.40M	657.40M	655.10M	604.40M	631.30M
Total Liabilities	2.26B	2.26B	1.93B	2.08B	1.88B	1.84B
Stockholders Equity	1.62B	1.62B	1.56B	1.42B	1.28B	1.31B
Cash Flow
Free Cash Flow	629.30M	629.30M	678.10M	644.40M	569.80M	501.00M
Operating Cash Flow	711.60M	711.60M	752.60M	716.40M	627.40M	558.70M
Investing Cash Flow	-122.90M	-122.90M	-74.40M	-71.70M	-57.40M	-57.70M
Financing Cash Flow	-622.40M	-622.40M	-537.90M	-593.10M	-707.20M	-489.30M

JB Hi-Fi Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 118.94
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:JBH, the sentiment is Positive. The current price of 118.94 is above the 20-day moving average (MA) of 115.56, above the 50-day MA of 112.30, and above the 200-day MA of 101.02, indicating a bullish trend. The MACD of 0.96 indicates Negative momentum. The RSI at 61.44 is Neutral, neither overbought nor oversold. The STOCH value of 94.05 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:JBH.

JB Hi-Fi Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SUL	76 Outperform	3.80B	17.15	16.79%	6.83%	4.83%	-7.62%
JBH	75 Outperform	AU$13.00B	27.52	29.12%	2.07%	10.03%	5.38%
BLX	72 Outperform	754.57M	25.56	0.00%	2.42%	1.89%	-3.30%
ADH	68 Neutral	507.25M	19.64	11.41%	3.66%	3.99%	-18.35%
TPW	65 Neutral	2.94B	256.62	0.00%	―	20.66%	543.24%
KGN	55 Neutral	363.62M	-9.16	0.00%	3.84%	6.24%	-23341.18%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

JB Hi-Fi Limited Corporate Events

JB Hi-Fi Limited Announces Cessation of Securities

JB Hi-Fi Limited has announced the cessation of certain securities, specifically 2,343 options that expired on June 20, 2025. This announcement may impact the company’s capital structure and could have implications for investors and stakeholders monitoring the company’s financial health and market activities.

The most recent analyst rating on (AU:JBH) stock is a Hold with a A$70.00 price target. To see the full list of analyst forecasts on JB Hi-Fi Limited stock, see the AU:JBH Stock Forecast page.

JB Hi-Fi’s The Good Guys Resolves ACCC Proceedings with $13.5 Million Penalty

JB Hi-Fi Limited’s subsidiary, The Good Guys, has reached an agreement with the Australian Competition and Consumer Commission (ACCC) to resolve legal proceedings concerning advertising and fulfilment practices related to store credit promotions. The resolution includes a $13.5 million penalty and a remediation program for affected customers, reflecting The Good Guys’ commitment to compliance and maintaining consumer trust.

The most recent analyst rating on (AU:JBH) stock is a Hold with a A$70.00 price target. To see the full list of analyst forecasts on JB Hi-Fi Limited stock, see the AU:JBH Stock Forecast page.

JB Hi-Fi Limited Reports Strong Q3 FY25 Sales Growth

JB Hi-Fi Limited reported continued sales momentum for Q3 FY25, despite operating in a challenging and competitive retail market. The company remains focused on maintaining high customer service standards as it approaches the end of the financial year, which is a critical trading period. Sales growth was observed across its operations in Australia and New Zealand, as well as through its subsidiary, The Good Guys, and its e&s segment.