Also trades as: JBSS32.SA (SAO) · $vol 17M

$12.02

-0.37 (-2.99%)

After Hours: $12.29 (+0.27, +2.25%)

Weekly Expected Move ±5.6%

$11 $12 $12 $13 $14

NYSE · Consumer Defensive · Packaged Foods · Tech Score Neutral · Power 54 · $27.5B mcap · 743M float · 0.780% daily turnover · Short 71% of daily vol

Credit Risk of going bust: lower than 72% of companies Debt: 14.2% of company value Bonds: $704.9M held by 478 funds, 110 bp over Treasuries → details ▾

If the stock fell to about $0.15 (down 99%), Jbs N.V. would be worth roughly what it owes.
Total debt $4.54B against a stock market value of $27.48B.
Distance to default 7.96 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $2.23B (short-term plus half of long-term), stock volatility 34.9%; Altman Z'' 3.44. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest Supply Chain

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets

$17

Low

$17

Avg Target

$18

High

Based on 2 analysts since Aug 10, 2026 earnings

Analyst Recommendations

Strong Buy: 0Buy: 4Hold: 0Sell: 0Strong Sell: 0

Rating Summary

ConsensusBuy

Avg Target$17.25

Analysts2

Price Target Change History

Date	Firm	Analyst	Old	New	Change	Upside @ Call	Stock@Call
2026-08-24	UBS	—	$17	$18	+0	+26.6%	$13.82
2026-08-17	Stephens	Poorah Sharma	Initiated	$17	—	+24.5%	$13.65
2026-07-16	Barclays	—	$23	$20	-3	+65.3%	$12.10
2026-05-19	UBS	—	$20	$17	-2	+35.8%	$12.52
2026-03-27	Barclays	—	Initiated	$23	—	+35.1%	$17.03
2026-02-05	UBS	—	Initiated	$20	—	+24.0%	$15.73
2025-12-11	Banco Santander	Guilherme Palhares	Initiated	$17	—	+21.2%	$14.03
2025-11-26	Goldman Sachs	—	Initiated	$18	—	+27.3%	$14.53
2025-10-28	Mizuho Securities	—	Initiated	$20	—	+52.0%	$13.15

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

A-

Oct 27, 2026

DCF

ROE

ROA

D/E

P/E

P/B

The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. JBS receives an overall rating of A-. Strongest factors: DCF (5/5), ROE (5/5), ROA (5/5). Areas of concern: D/E (1/5), P/B (1/5).

Rating Change History

Date	From	To
2026-10-01	B+	A-
2026-08-18	A	B+
2026-08-14	A-	A
2026-08-11	B+	A-
2026-06-22	A-	B+
2026-05-14	A	A-
2026-04-24	A-	A
2026-04-21	A	A-
2026-04-01	A-	A
2026-01-14	A	A-

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ — Grade D

Profitability

Balance Sheet

Earnings Quality

Growth

Value

—

Momentum

100

Safety

—

Cash Flow

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score

—

Piotroski F-Score

6/9

✓ ✓ ✓ ✓ ✗ ✗ ✓ ✗ ✓

Beneish M-Score

-4.83

Unlikely Manipulator

Ohlson O-Score

-7.56

Bankruptcy prob: 0.1%

Low Risk

Credit Rating

BB+

Score: 47.7/100

Trend: Improving

Earnings Quality

100/100

OCF/NI: 1.33x

Accruals: -1.5%

The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. JBS scores 6/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. JBS's score of -4.83 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. JBS's implied 0.1% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. JBS receives an estimated rating of BB+ (score: 47.7/100), with a improving trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). JBS's score of 100/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E

17.24x

PEG

-0.54x

P/S

0.38x

P/B

8.43x

P/FCF

—

P/OCF

—

EV/EBITDA

—

EV/Revenue

—

EV/EBIT

—

EV/FCF

—

Earnings Yield

—

FCF Yield

—

Shareholder Yield

—

Graham Number

$33.72

Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 17.2x earnings, JBS trades at a reasonable valuation. Graham's intrinsic value formula yields $33.72 per share, suggesting a potential 172% margin of safety at the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden

0.825

NI / EBT

Interest Burden

0.492

EBT / EBIT

EBIT Margin

0.041

EBIT / Rev

Asset Turnover

2.790

Rev / Assets

Equity Multiplier

5.064

Assets / Equity

ROE

23.7%

The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. JBS's ROE of 23.7% is driven by financial leverage (equity multiplier: 5.06x). Note: high leverage means ROE is amplified by debt rather than operational performance.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate

15.00%

Fair P/E

38.50x

Intrinsic Value

$241.60

Price/Value

—

Margin of Safety

—

Premium

—

Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with JBS's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. JBS trades at a premium to its adjusted intrinsic value of $241.60, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 38.5x compares to the current market P/E of 17.2x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 345 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$12.04

Median 1Y

$10.24

5th Pctile

$5.86

95th Pctile

$17.95

Ann. Volatility

34.3%

Analyst Target

$17.25

25th–75th percentile 5th–95th percentile Median path Historical Analyst target

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees

282,806

Revenue / Employee

$1,665,958

Rev: $471,142,859,000

Profit / Employee

$39,238

NI: $11,096,825,000

SGA / Employee

$133,581

Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
ROE	6.6%	70.4%	17.6%	22.5%	23.7%	23.69%
ROA	1.3%	13.9%	3.4%	4.1%	4.7%	4.68%
ROIC	3.4%	37.1%	10.6%	12.1%	45.1%	45.12%
ROCE	3.7%	40.0%	9.5%	12.5%	46.1%	46.13%
Gross Margin	13.5%	13.2%	12.1%	10.4%	10.8%	10.83%
Operating Margin	5.3%	5.4%	4.1%	2.2%	2.5%	2.50%
Net Margin	2.6%	2.6%	1.8%	1.0%	-0.4%	-0.43%
EBITDA Margin	6.5%	9.5%	6.1%	6.5%	16.1%	16.07%
FCF Margin	0.3%	0.4%	1.9%	-0.0%	-0.1%	-0.06%
OCF Margin	2.5%	1.7%	4.0%	2.2%	2.2%	2.22%
ROIC Economic	snapshot only					45.12%
Cash ROA	snapshot only					18.54%
Cash ROIC	snapshot only					29.10%
CROIC	snapshot only					-0.73%
NOPAT Margin	snapshot only					3.45%
Pretax Margin	snapshot only					2.03%
R&D / Revenue	snapshot only					0.00%
SGA / Revenue	snapshot only					7.94%
SBC / Revenue	snapshot only					0.01%

Valuation

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
P/E Ratio	—	—	—	—	—	17.243
P/S Ratio	—	—	—	—	—	0.376
P/B Ratio	—	—	—	—	—	8.430
P/FCF	—	—	—	—	—	—
P/OCF	—	—	—	—	—	—
EV/EBITDA	—	—	—	—	—	—
EV/Revenue	—	—	—	—	—	—
EV/EBIT	—	—	—	—	—	—
EV/FCF	—	—	—	—	—	—
Earnings Yield	—	—	—	—	—	—
FCF Yield	—	—	—	—	—	—
Graham Number	snapshot only					$33.72

Leverage & Solvency

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Current Ratio	1.54	1.60	1.60	1.50	1.53	1.533
Quick Ratio	0.76	0.84	0.91	0.77	0.93	0.929
Debt/Equity	2.53	2.56	2.63	2.81	2.97	2.972
Net Debt/Equity	2.23	2.15	2.08	2.39	2.55	2.550
Debt/Assets	0.51	0.51	0.51	0.51	0.53	0.533
Debt/EBITDA	14.91	1.16	4.67	3.50	0.81	0.810
Net Debt/EBITDA	13.15	0.97	3.70	2.97	0.69	0.695
Interest Coverage	2.97	5.06	3.62	2.97	2.66	2.656
Equity Multiplier	4.97	5.07	5.19	5.49	5.57	5.574
Cash Ratio	snapshot only					0.300
Debt Service Coverage	snapshot only					5.074
Cash to Debt	snapshot only					0.142
FCF to Debt	snapshot only					-0.009
Defensive Interval	snapshot only					83.7 days

Efficiency & Turnover

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Asset Turnover	0.52	5.42	1.47	2.05	2.79	2.790
Inventory Turnover	2.32	24.75	7.30	9.40	13.13	13.129
Receivables Turnover	5.97	62.25	15.72	23.88	32.54	32.537
Payables Turnover	3.12	31.51	7.90	12.28	17.33	17.333
DSO	61	6	23	15	11	11.2 days
DIO	157	15	50	39	28	27.8 days
DPO	117	12	46	30	21	21.1 days
Cash Conversion Cycle	101	9	27	24	18	18.0 days
Fixed Asset Turnover	snapshot only					23.830
Operating Cycle	snapshot only					39.0 days
Cash Velocity	snapshot only					110.169
Capital Intensity	snapshot only					0.120

Growth (YoY)

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue	—	—	—	—	2.2%	2.21%
Net Income	—	—	—	—	1.1%	1.11%
EPS	—	—	—	—	3.6%	3.59%
FCF	—	—	—	—	-1.5%	-1.55%
EBITDA	—	—	—	—	2.9%	2.88%
Op. Income	—	—	—	—	1.3%	1.34%
OCF Growth	snapshot only					1.89%
Asset Growth	snapshot only					-79.91%
Equity Growth	snapshot only					-82.07%
Debt Growth	snapshot only					-78.93%
Shares Change	snapshot only					-53.97%
Dividend Growth	snapshot only					-65.82%

Growth Quality

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue Stability	—	—	—	—	—	—
Earnings Stability	—	—	—	—	—	—
Margin Stability	—	—	—	—	—	—
Rev. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.500
Earn. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.500
FCF Positive Streak	0	0	0	0	0	0
Earnings Persistence	—	—	—	—	—	—
Earnings Smoothness	—	—	—	—	0.29	0.286
ROE Trend	—	—	—	—	—	—
Gross Margin Trend	—	—	—	—	—	—
FCF Margin Trend	—	—	—	—	—	—
Sustainable Growth Rate	-8.1%	-6.5%	3.4%	6.5%	19.7%	19.75%
Internal Growth Rate	—	—	0.7%	1.2%	4.1%	4.06%

Cash Flow Quality

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
OCF/Net Income	0.97	0.65	1.74	1.11	1.33	1.326
FCF/OCF	0.13	0.23	0.47	-0.01	-0.03	-0.025
FCF/Net Income	snapshot only					-0.033
OCF/EBITDA	snapshot only					0.281
CapEx/Revenue	2.1%	1.3%	2.1%	2.2%	2.3%	2.28%
CapEx/Depreciation	snapshot only					0.606
Accruals Ratio	0.00	0.05	-0.03	-0.00	-0.02	-0.015
Sloan Accruals	snapshot only					-0.283
Cash Flow Adequacy	snapshot only					0.869
Earnings Quality Score	snapshot only					1.000

Dividends & Buybacks

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Dividend Yield	—	—	—	—	—	8.24%
Dividend/Share	$3.05	$3.02	$6.69	$6.30	$1.04	$5.34
Payout Ratio	2.2%	1.1%	80.8%	71.2%	16.6%	16.62%
FCF Payout Ratio	17.4%	7.2%	98.0%	—	—	—
Total Payout Ratio	2.2%	1.4%	1.2%	1.1%	67.4%	67.40%
Div. Increase Streak	0	0	0	0	0	0
Chowder Number	—	—	—	—	—	—
Buyback Yield	—	—	—	—	—	—
Net Buyback Yield	—	—	—	—	—	—
Total Shareholder Return	—	—	—	—	—	—

DuPont Factors

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Tax Burden (NI/EBT)	0.72	0.72	0.79	0.78	0.82	0.825
Interest Burden (EBT/EBIT)	0.66	0.65	0.61	0.57	0.49	0.492
EBIT Margin	0.05	0.06	0.05	0.05	0.04	0.041
Asset Turnover	0.52	5.42	1.47	2.05	2.79	2.790
Equity Multiplier	4.97	5.07	5.19	5.49	5.06	5.064

Per Share

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
EPS (Diluted TTM)	$1.37	$2.77	$8.29	$8.86	$6.28	$6.28
Book Value/Share	$20.68	$3.93	$47.18	$39.38	$8.05	$8.46
Tangible Book/Share	$1.62	$0.44	$5.56	$2.20	$0.45	$0.45
Revenue/Share	$53.64	$107.99	$360.56	$442.77	$374.30	$356.89
FCF/Share	$0.18	$0.42	$6.83	$-0.06	$-0.21	$2.00
OCF/Share	$1.32	$1.80	$14.44	$9.82	$8.32	$12.22
Cash/Share	$6.16	$1.60	$25.61	$16.52	$3.40	$3.24
EBITDA/Share	$3.51	$8.68	$26.55	$31.66	$29.56	$29.56
Debt/Share	$52.31	$10.06	$123.91	$110.71	$23.94	$23.94
Net Debt/Share	$46.15	$8.46	$98.30	$94.19	$20.54	$20.54

Academic Models

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Altman Z-Score	—	—	—	—	—	—
Piotroski F-Score	3	3	4	4	6	6
Beneish M-Score	—	—	—	—	-4.83	-4.832
Ohlson O-Score	snapshot only					-7.556
ROIC (Greenblatt)	snapshot only					71.14%
Net-Net WC	snapshot only					$-18.63
EVA	snapshot only					$10254771679.86

Credit

Metric	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Credit Rating	snapshot only					BB+
Credit Score	34.01	50.91	44.61	38.26	47.68	47.681
Credit Grade	snapshot only					11
Credit Trend	snapshot only					13.667
Implied Spread (bps)	snapshot only					400.000
Industry Credit Rank	snapshot only					34
Sector Credit Rank	snapshot only					36

JBS NYSE

Analyst Insights

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Workforce & Productivity

Scaling Efficiency

Sign in to InsiderStreet