John Bean Technologies Corporation
John Bean Technologies Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, ster… Read more
John Bean Technologies Corporation (JBT) - Net Assets
Latest net assets as of September 2024: $1.59 Billion USD
Based on the latest financial reports, John Bean Technologies Corporation (JBT) has net assets worth $1.59 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.79 Billion) and total liabilities ($1.20 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.59 Billion |
| % of Total Assets | 56.83% |
| Annual Growth Rate | 12.87% |
| 5-Year Change | 161.44% |
| 10-Year Change | 1149.08% |
| Growth Volatility | 49.76 |
John Bean Technologies Corporation - Net Assets Trend (2006–2023)
This chart illustrates how John Bean Technologies Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for John Bean Technologies Corporation (2006–2023)
The table below shows the annual net assets of John Bean Technologies Corporation from 2006 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $1.49 Billion | +72.59% |
| 2022-12-31 | $862.70 Million | +14.95% |
| 2021-12-31 | $750.50 Million | +17.80% |
| 2020-12-31 | $637.10 Million | +11.87% |
| 2019-12-31 | $569.50 Million | +24.64% |
| 2018-12-31 | $456.90 Million | +3.39% |
| 2017-12-31 | $441.90 Million | +145.64% |
| 2016-12-31 | $179.90 Million | +38.70% |
| 2015-12-31 | $129.70 Million | +8.81% |
| 2014-12-31 | $119.20 Million | -22.80% |
| 2013-12-31 | $154.40 Million | +46.21% |
| 2012-12-31 | $105.60 Million | +32.33% |
| 2011-12-31 | $79.80 Million | -14.19% |
| 2010-12-31 | $93.00 Million | +50.49% |
| 2009-12-31 | $61.80 Million | +802.27% |
| 2008-12-31 | $-8.80 Million | -104.11% |
| 2007-12-31 | $214.20 Million | +12.74% |
| 2006-12-31 | $190.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to John Bean Technologies Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 146360000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.46 Billion | 98.30% |
| Common Stock | $300.00K | 0.02% |
| Other Comprehensive Income | $-195.80 Million | -13.15% |
| Other Components | $220.80 Million | 14.83% |
| Total Equity | $1.49 Billion | 100.00% |
John Bean Technologies Corporation Competitors by Market Cap
The table below lists competitors of John Bean Technologies Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Powertech Technology Inc
TW:6239
|
$3.99 Billion |
|
Japan Metropolitan Fund Investment Corporation
OTCGREY:JRFIF
|
$3.99 Billion |
|
Polycab India Limited
NSE:POLYCAB
|
$4.00 Billion |
|
Sino Biopharmaceutical Limited
PINK:SBMFF
|
$4.00 Billion |
|
Aris Mining Corporation
NYSE MKT:ARMN
|
$3.99 Billion |
|
Crocs Inc
NASDAQ:CROX
|
$3.98 Billion |
|
Ambuja Cements Limited
NSE:AMBUJACEM
|
$3.98 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
$3.98 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in John Bean Technologies Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 862,700,000 to 1,488,900,000, a change of 626,200,000 (72.6%).
- Net income of 582,600,000 contributed positively to equity growth.
- Dividend payments of 12,800,000 reduced retained earnings.
- Share repurchases of 5,100,000 reduced equity.
- Other comprehensive income increased equity by 8,500,000.
- Other factors increased equity by 53,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $582.60 Million | +39.13% |
| Dividends Paid | $12.80 Million | -0.86% |
| Share Repurchases | $5.10 Million | -0.34% |
| Other Comprehensive Income | $8.50 Million | +0.57% |
| Other Changes | $53.00 Million | +3.56% |
| Total Change | $- | 72.59% |
Book Value vs Market Value Analysis
This analysis compares John Bean Technologies Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.47x to 2.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $6.91 | $127.62 | x |
| 2007-12-31 | $7.79 | $127.62 | x |
| 2008-12-31 | $-0.32 | $127.62 | x |
| 2009-12-31 | $2.16 | $127.62 | x |
| 2010-12-31 | $3.20 | $127.62 | x |
| 2011-12-31 | $2.72 | $127.62 | x |
| 2012-12-31 | $3.58 | $127.62 | x |
| 2013-12-31 | $5.20 | $127.62 | x |
| 2014-12-31 | $3.99 | $127.62 | x |
| 2015-12-31 | $4.35 | $127.62 | x |
| 2016-12-31 | $6.04 | $127.62 | x |
| 2017-12-31 | $13.85 | $127.62 | x |
| 2018-12-31 | $14.19 | $127.62 | x |
| 2019-12-31 | $17.80 | $127.62 | x |
| 2020-12-31 | $19.85 | $127.62 | x |
| 2021-12-31 | $23.38 | $127.62 | x |
| 2022-12-31 | $26.88 | $127.62 | x |
| 2023-12-31 | $46.38 | $127.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently John Bean Technologies Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 39.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.00%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.82x
- Recent ROE (39.13%) is above the historical average (26.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 18.21% | 4.10% | 1.63x | 2.72x | $15.60 Million |
| 2007 | 16.99% | 3.72% | 1.70x | 2.68x | $14.98 Million |
| 2008 | 0.00% | 4.30% | 1.74x | 0.00x | $45.08 Million |
| 2009 | 53.07% | 3.90% | 1.58x | 8.63x | $26.62 Million |
| 2010 | 40.11% | 4.24% | 1.51x | 6.26x | $28.00 Million |
| 2011 | 38.22% | 3.19% | 1.61x | 7.42x | $22.52 Million |
| 2012 | 34.28% | 3.95% | 1.35x | 6.42x | $25.64 Million |
| 2013 | 21.44% | 3.54% | 1.50x | 4.02x | $17.66 Million |
| 2014 | 25.84% | 3.13% | 1.41x | 5.85x | $18.88 Million |
| 2015 | 43.10% | 5.05% | 1.26x | 6.75x | $42.93 Million |
| 2016 | 37.58% | 5.01% | 1.14x | 6.60x | $49.61 Million |
| 2017 | 18.22% | 4.92% | 1.18x | 3.15x | $36.31 Million |
| 2018 | 22.78% | 5.42% | 1.33x | 3.16x | $58.41 Million |
| 2019 | 22.65% | 6.63% | 1.02x | 3.36x | $72.05 Million |
| 2020 | 17.08% | 6.30% | 0.96x | 2.83x | $45.09 Million |
| 2021 | 15.87% | 6.37% | 0.87x | 2.85x | $44.05 Million |
| 2022 | 15.93% | 6.34% | 0.84x | 3.00x | $51.13 Million |
| 2023 | 39.13% | 35.00% | 0.61x | 1.82x | $433.71 Million |
Industry Comparison
This section compares John Bean Technologies Corporation's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| John Bean Technologies Corporation (JBT) | $1.59 Billion | 18.21% | 0.76x | $3.99 Billion |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |