JB HI-FI LIMITED (JBH)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

JBH

JBH - JB HI-FI LIMITED

FNArena Sector : Consumer Electronics
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 0.68
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

JB HiFi is an Australian retail chain specialising in consumer electronics and whitegoods. Originally formed in 1974 in Victoria, the company was aquired by private equiry and floated on the ASX in 2003. It acquired The Good Guys in late 2016. JB Hi-Fi is one of the lowest cost operators of its kind globally.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$76.20

24 Apr
2026

0.040

OPEN

$76.38

0.05%

HIGH

$76.51

376,557

LOW

$75.23

TARGET
$88.957 16.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMS . AUA . HVN .
FNARENA'S MARKET CONSENSUS FORECASTS
JBH: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 423.1 456.5 xxx
DPS (cps) xxx 375.0 342.7 xxx
EPS Growth xxx 5.4% 7.9% xxx
DPS Growth xxx 10.0% - 8.6% xxx
PE Ratio xxx N/A 16.6 xxx
Dividend Yield xxx N/A 4.5% xxx
Div Pay Ratio(%) xxx 88.6% 75.1% xxx

Dividend yield today if purchased 3 years ago: 8.44%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.94

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 21/08 - ex-div 105.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx423.1
DPS All xxxxxxxxxxxxxxx375.0
Sales/Revenue xxxxxxxxxxxxxxx10,554.8 M
Book Value Per Share xxxxxxxxxxxxxxx1,478.6
Net Operating Cash Flow xxxxxxxxxxxxxxx711.6 M
Net Profit Margin xxxxxxxxxxxxxxx4.38 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx29.12 %
Return on Invested Capital xxxxxxxxxxxxxxx22.29 %
Return on Assets xxxxxxxxxxxxxxx11.65 %
Return on Equity xxxxxxxxxxxxxxx29.12 %
Return on Total Capital xxxxxxxxxxxxxxx34.75 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx243.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx201 M
Long Term Debt xxxxxxxxxxxxxxx513 M
Total Debt xxxxxxxxxxxxxxx714 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx284 M
Price To Book Value xxxxxxxxxxxxxxx7.46

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx82.3 M
Capex % of Sales xxxxxxxxxxxxxxx0.78 %
Cost of Goods Sold xxxxxxxxxxxxxxx8,194 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,569 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.4

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

24/03/2026

5

Underweight

$70.70

-7.22%

While Morgan Stanley believes JB Hi-Fi is a "best-in-class" retailer the valuation looks full.

The consumer backdrop is also becoming more challenging amid interest rate and fuel increases. The broker points out freight rates account for around 7-8% of retail prices.

Given the heightened cost environment and additional pressure on the consumer wallet, Morgan Stanley envisages downside risks to FY27 earnings, and to reflect this multiples are moved across the discretionary retail space to below mid-cycle averages.

Underweight. Target is lowered to $70.70 from $75.40. Industry View: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY26 EPS of 458.60 cents.
Morgan Stanley forecasts a full year FY27 EPS of 465.50 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxxxxx xx xxxx xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

27/04/2026

2

Overweight

$88.90

16.67%

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building. The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $88.90 target maintained for JB Hi-Fi.

FORECAST
Jarden forecasts a full year FY26 dividend of 441.00 cents and EPS of 466.20 cents.
Jarden forecasts a full year FY27 dividend of 363.00 cents and EPS of 496.00 cents.
Access Extra Coverage Research History >

JBH STOCK CHART

FNArena News on JBH

1
Rudi’s View: Best Buys & Conviction Calls

Apr 23 2026 - Rudi's View
2
Australian Broker Call *Extra* Edition – Apr 01, 2026

Apr 01 2026 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Mar 25, 2026

Mar 25 2026 - Daily Market Reports
4
Rudi’s View: Top Picks & Conviction Buys

Mar 19 2026 - Rudi's View
5
Rudi’s View: Oil, Inflation, Growth & Stagflation

Mar 18 2026 - Rudi's View

Latest Consumer Electronics News

1
Harvey Norman’s Hardly Normal Result

Mar 04 2026 - Australia
2
Rudi’s View: Antipa, Computershare, IPH, Lynas, Macquarie, Rio Tinto & More

Nov 13 2025 - Rudi's View
3
JB Hi-Fi’s Re-Rating Triggers Valuation Dilemma

Aug 13 2025 - Australia
4
Can JB Hi-Fi Maintain Its Strength?

Feb 12 2025 - Australia
5
JB Hi-Fi’s Uptrend Continues

Feb 04 2025 - Technicals
6
Go Harvey Go!

Jan 28 2025 - Technicals
7
A Break-Out Opportunity From JB Hi-Fi

Nov 12 2024 - Technicals
8
In Brief: Retailers That Rock, James Hardie & Infomedia

Nov 08 2024 - Weekly Reports
9
How Big The AI Boost For Harvey Norman?

Sep 03 2024 - Australia
10
In Brief: Gen.Ai & Star Stocks Shine This Week

Aug 16 2024 - Weekly Reports