JBT Intrinsic Stock Value – JBT Corporation Makes Non-Binding Proposal to Acquire Marel
November 28, 2023
🌥️Trending News
John Bean Technologies ($NYSE:JBT) Corporation (JBT) has recently announced a non-binding proposal to acquire Marel, a leading global supplier of advanced food processing systems and services. JBT is a leading global provider of technology solutions and services to the food and beverage industry. The proposed acquisition of Marel is expected to provide JBT with a solid platform to enhance its product portfolio while enhancing its presence in the markets it already serves. JBT anticipates that the acquisition will enable it to strengthen its position in the food and beverage industry, especially in markets in Europe, the Middle East and Africa.
Additionally, it also expects that the combination of JBT and Marel will enable it to become a leading supplier of end-to-end solutions for food production, and serve as a platform to expand its offering into new markets. The proposed acquisition is subject to customary closing conditions, including completion of due diligence and execution of a definitive agreement. JBT believes that a successful integration of the two companies will benefit customers across the world, as well as create value for their shareholders. The company remains committed to striving for long-term growth and continuing to provide its customers with innovative solutions.
Market Price
On Friday, JOHN BEAN TECHNOLOGIES (JBT) Corporation made a non-binding proposal to acquire Marel, a leading global provider of advanced food processing solutions and services. The news about the acquisition was well-received by the investors and the JBT stock opened at $106.4 and closed at $107.6, up by 0.9% from its previous closing price of 106.7. The proposed acquisition still needs to be approved by the respective boards of both companies and is subject to customary closing conditions.
If successful, this acquisition is expected to provide JBT with an opportunity to expand its presence in the food processing market. It is anticipated that this acquisition will create significant value for JBT and its shareholders in the long run. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for JBT. More…
| Total Revenues | Net Income | Net Margin |
| 2.24k | 561.7 | 6.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for JBT. More…
| Operations | Investing | Financing |
| 150.9 | 588.7 | -373.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for JBT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.69k | 1.32k | 43.13 |
Key Ratios Snapshot
Some of the financial key ratios for JBT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.8% | 1.3% | 8.3% |
| FCF Margin | ROE | ROA |
| 3.6% | 10.1% | 4.3% |
Analysis – JBT Intrinsic Stock Value
At GoodWhale, we have taken an in-depth look into the fundamentals of JOHN BEAN TECHNOLOGIES. After careful analysis, our proprietary Valuation Line has calculated the intrinsic value of a single share of JOHN BEAN TECHNOLOGIES to be around $137.3. At the time of this writing, the stock is currently trading at $107.6, which means it is undervalued by 21.6%. This makes JOHN BEAN TECHNOLOGIES an attractive investment opportunity at this time. More…
Peers
The company’s products are used by customers in more than 100 countries around the world. John Bean Technologies Corp has a strong competitive position in the market, with a wide range of products and a global customer base. The company’s competitors include Dover Corp, Shenzhen Genvict Technologies Co Ltd, Crawford United Corp.
– Dover Corp ($NYSE:DOV)
Dover Corporation is a global manufacturer of industrial products and components. The company’s products are used in a variety of industries, including aerospace, transportation, energy, and medical. Dover’s products are sold through a network of distributors and retailers. The company has a market cap of 18.29B as of 2022 and a Return on Equity of 22.89%. Dover is a publicly traded company on the New York Stock Exchange (NYSE) under the ticker symbol DOV.
– Shenzhen Genvict Technologies Co Ltd ($SZSE:002869)
Shenzhen Genvict Technologies Co Ltd has a market cap of 4.08B as of 2022. The company’s return on equity is -3.9%.
Shenzhen Genvict Technologies Co Ltd is a leading provider of Internet of Things (IoT) solutions. The company’s products and solutions are used in a wide range of industries, including smart city, transportation, energy, environment, healthcare, and manufacturing.
– Crawford United Corp ($OTCPK:CRAWA)
Crawford United Corp is a publicly traded company with a market capitalization of $61.6 million as of 2022. The company has a return on equity of 10.27%. Crawford United Corp is engaged in the business of providing engineering, construction and maintenance services to the energy, industrial and commercial markets.
Summary
John Bean Technologies (JBT) recently confirmed a non-binding proposal to acquire Marel, an international provider of advanced food processing solutions. This move is seen as a strategic one by JBT to expand its offerings in the food processing solutions space. Analysts are optimistic in the short-term, citing the potential for increased market share and profitability for JBT as a result of the acquisition.
However, investors should be aware that there is still a long road ahead to get the deal done and there is no assurances that it will be successful. Nevertheless, given the upside potential, JBT is a good stock to consider for investors with a long-term investing horizon.
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