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Based in Australia, JB Hi-Fi is a multinational retailer offering a range of consumer goods across locations in Australia and New Zealand. Founded in 1974, JB Hi-Fi sells video gaming equipment, music products, DVDs and Blu-ray discs as well as small household electronic appliances and mobile products. JB Hi-Fi listed on the ASX in 2003 and has since expanded to over 300 locations.
How to buy shares in JB Hi-Fi
To buy shares listed in Australia such as JB Hi-Fi, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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Search for JB Hi-Fi. Find the share by name or ticker symbol: JBH. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until JB Hi-Fi reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
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Check on your investment. Congratulations, you own a part of JB Hi-Fi. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
JB Hi-Fi shares at a glance
Information last updated 2024-10-05.
| 52-week range | $41.9009 - $83.3 |
|---|---|
| 50-day moving average | $76.8662 |
| 200-day moving average | $64.6561 |
| Target price | $59.26 |
| PE ratio | 19.805 |
| Dividend yield | $2.61 (3.29%) |
| Earnings per share (TTM) | $4 |
Where to buy JB Hi-Fi shares
The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy JB Hi-Fi stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
JB Hi-Fi price performance over time
Historical closes compared with the last close of A$80.31
| 1 week (2024-10-04) | 1.38% |
|---|---|
| 1 month (2024-09-12) | -2.43% |
| 3 months (2024-07-12) | 21.48% |
| 6 months (2024-04-12) | 27.50% |
| 1 year (2023-10-12) | 69.32% |
|---|---|
| 2 years (2022-10-12) | 103.73% |
| 3 years (2021-10-12) | 70.36% |
| 5 years (2019-10-11) | 130.97% |
Is JB Hi-Fi under- or over-valued?
Valuing JB Hi-Fi stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of JB Hi-Fi's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
JB Hi-Fi's P/E ratio
JB Hi-Fi's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, JB Hi-Fi shares trade at around 20x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
JB Hi-Fi's EBITDA
JB Hi-Fi's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $699.1 million (£0.0 million).
The EBITDA is a measure of a JB Hi-Fi's overall financial performance and is widely used to measure stock profitability.
JB Hi-Fi financials
| Revenue TTM | $9.6 billion |
|---|---|
| Operating margin TTM | 5.86% |
| Gross profit TTM | $2.2 billion |
| Return on assets TTM | 12% |
| Return on equity TTM | 29.46% |
| Profit margin | 4.57% |
| Book value | 14.26 |
| Market capitalisation | $8.8 billion |
TTM: trailing 12 months
JB Hi-Fi share dividends
Dividend payout ratio: 68.31% of net profits
Recently JB Hi-Fi has paid out, on average, around 68.31% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.29% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), JB Hi-Fi shareholders could enjoy a 3.29% return on their shares, in the form of dividend payments. In JB Hi-Fi's case, that would currently equate to about A$2.61 per share.
JB Hi-Fi's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 21 August 2024 (the "ex-dividend date").
JB Hi-Fi share price volatility
Over the last 12 months, JB Hi-Fi's shares have ranged in value from as little as $41.9009 up to $83.3. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while JB Hi-Fi's is 0.971. This would suggest that JB Hi-Fi's shares are less volatile than average (for this exchange).
JB Hi-Fi overview
JB Hi-Fi Limited retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It provides computers; monitors and projectors, printers and ink, data storage devices, keyboards and mice, computer accessories, as well as software, home internet and wi-fi products, and office furniture; televisions; headphones, speakers, and audio devices; and smart home appliances. The company also offers mobile phones; gaming devices; music and vinyl products; movies and TV shows; and collectibles and merchandise, including apparel and card and board games. In addition, it provides content creator gears for vloggers and influences, game streamers, podcasters, and music producers and DJs; cameras; drones and e-scooters; and fitness, health, and wellbeing products, such as smart watches, fitness trackers, massagers, health monitors, air treatment devices, sleep solutions, smart drink bottles, as well as shavers and trimmers, and hair and oral care products. Further, the company offers home appliances consisting of washers and dryers, fridges and freezers, dishwashers, vacuuming and cleaning products, small kitchen appliances, microwaves, coffee and beverages machines and accessories, hair and oral care products, shavers and trimmers, and facial cleansing and beauty products, as well as heating, cooling, and air treatment products. Additionally, it provides outdoor and travel products comprising garden and outdoor living, home security and monitoring, and travel and in-car tech solutions; action and dash cameras, binoculars, drones, and smart drink bottles; electric scooters and boards; and information technology and consulting services. It sells its products through branded retail store network comprising JB Hi-Fi/JB Hi-Fi Home stores in Australia; JB Hi-Fi stores in New Zealand; and The Good Guys stores in Australia, as well as online. The company was founded in 1974 and is based in Southbank, Australia.
JB Hi-Fi in the news
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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