| Intrinsic Valuation of: JBHT | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 6 | Market Cap | $15B | |||||
| 2021 | - | - (-) | P/E Ratio | 27 | Total Asset | $8B | |||||
| 2022 | $276M | - (-) | Net Income | $571M | Total Debt | $978M | |||||
| 2023 | $236M | -14.6% (-29.8%) | EBITDA | $2B | Total Liab | $4B | |||||
| 2024 | $-118M | -149.9% (-157.6%) | Opr Margin | 0.07 | Debt/Equity | 0.24 | |||||
| 2025 | $618M | 624.4% (656.6%) | PreTax Margin | 6.22 | BV/Share | 38 | |||||
| 5Y Average FCF | $253M | 153.3% (156.4%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (25.0%) | ||||||||||
| 2026 | $772M | MBG Intrinsic Value | $49 | ||||||||
| 2027 | $965M | ||||||||||
| 2028 | $1B | ||||||||||
| 2029 | $2B | ||||||||||
| 2030 | $2B | ||||||||||
| 2031 | $2B | ||||||||||
| Terminal Value | $49B | Net Worth/Share | $40 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $38B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $47M | $378 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $978M | WACC | 7.3% | 327 | 354 | 386 | 426 | 476 | |||
| Equity Value | $37B | 7.4% | 324 | 350 | 382 | 421 | 470 | ||||
| Shares Outstanding | 99,194,600 | 7.4% | 321 | 347 | 378 | 416 | 463 | ||||
| 7.9% | 292 | 314 | 339 | 369 | 406 | ||||||
| DCF Intrinsic Value | $378 | 8.4% | 268 | 286 | 307 | 331 | 361 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||