Jbh.Ax
JBH.AX operates as a specialty retailer in the computer and electronics sector, generating revenue primarily through the sale of consumer electronics and related services.
Business. JBH.AX operates as a specialty retailer in the computer and electronics sector, generating revenue primarily through the sale of consumer electronics and related services.
Analyst recommendations
14 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
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Analysis
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Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
JBH.AX operates as a specialty retailer in the computer and electronics sector, generating revenue primarily through the sale of consumer electronics and related services.
JBH.AX maintains a relatively balanced capital structure, with a debt-to-equity ratio of 0.44, indicating a moderate reliance on debt financing. The company's liquidity position is characterized as medium, with a current ratio of 1.17, suggesting it can cover its short-term obligations but with limited buffer. Free cash flow stands at 250.1 million AUD, which supports operational flexibility and potential reinvestment.
Profitability metrics show a strong return on equity of 28.6% and a return on assets of 11.91%, both exceeding the typical thresholds for the retail sector. These figures suggest efficient use of equity and assets to generate returns. The operating margin, derived from a gross profit of 2.36 billion AUD and operating income of 668 million AUD, indicates a healthy margin profile for a retail business.
The company's revenue is concentrated in the computer and electronics retail segment, with no disclosed geographic diversification. This concentration may expose the company to regional economic fluctuations and shifts in consumer demand for electronics. The absence of segment or geographic breakdown in the financial data limits a more detailed assessment of exposure.
Looking ahead, JBH.AX is projected to maintain a stable growth trajectory, supported by a free cash flow of 250.1 million AUD and a capital expenditure of -82.3 million AUD. The negative capital expenditure suggests a reduction in investment, which may indicate a focus on cost optimization or a slowdown in expansion. Analysts have provided a mean price target of 89.59 AUD, reflecting a generally positive outlook.
Risk factors include a medium liquidity risk, as the company's net cash is negative after subtracting total debt. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding. However, the company's reliance on a single business segment and the absence of geographic diversification could pose operational and market risks.
Recent events include the publication of the latest financial data, which provides a comprehensive overview of the company's financial health. No recent filings or transcripts have been disclosed that would significantly alter the current assessment of the company's financial position or strategic direction.
- JBH.AX demonstrates strong profitability with a return on equity of 28.6% and a return on assets of 11.91%.
- The company's liquidity position is moderate, with a current ratio of 1.17 and a debt-to-equity ratio of 0.44.
- Revenue is concentrated in the computer and electronics retail segment, with no geographic diversification disclosed.
- Analysts project a mean price target of 89.59 AUD, indicating a generally positive outlook.
- The company's free cash flow of 250.1 million AUD supports operational flexibility and potential reinvestment.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 4,57 |
| Revenue | —no estimate | —no estimate | 11,2B AUD |
| Operating income | —no estimate | —no estimate | 748,8M AUD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
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- Market data
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- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- JBH.AX Market data — financials · 2026-05-28
- JB Hi-Fi Ltd Market data — analyst estimates · 2026-05-28