Jack in the Box Inc Stock Research

Market Summary

USD83.55+0.14

Delayed

0.17%

JACK Alerts

2 major insider sales recently.
Big jump in Revenue (Y/Y)
Big jump in Earnings (Y/Y)

JACK Stock Price

JACK RSI Chart

JACK Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

24.22

Price/Sales (Trailing)

1.9

EV/EBITDA

30.26

Price/Free Cashflow

24.13

JACK Price/Sales (Trailing)

JACK Profitability

EBT Margin

10.97%

Return on Assets

4.46%

Free Cashflow Yield

4.14%

JACK Fundamentals

JACK Revenue

Revenue (TTM)

1.7B

Revenue Y/Y

52.91%

Revenue Q/Q

30.87%

JACK Earnings

Earnings (TTM)

129.8M

Earnings Y/Y

35.61%

Earnings Q/Q

16.13%

Price Action

52 Week Range

54.8094.09

(Low)(High)

Last 7 days

3.4%

Last 30 days

3.4%

Last 90 days

23.2%

Trailing 12 Months

-6.4%

JACK Financial Health

Current Ratio

0.57

Debt/Cashflow

0.11

JACK Investor Care

Dividend Yield

2.11%

Dividend/Share (TTM)

1.76

Buy Backs (1Y)

1.10%

Diluted EPS (TTM)

6.15

Peers (Alternatives to Jack in the Box)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MCD	199.4B	23.2B	1.00%	14.82%	32.28	8.6	-0.17%	-18.13%
SBUX	112.9B	32.9B	-6.14%	14.98%	34.01	3.43	8.41%	-24.41%
CMG	45.1B	8.6B	4.63%	3.72%	50.17	5.22	14.41%	37.69%
YUM	36.0B	6.8B	-1.14%	8.34%	27.18	5.26	3.92%	-15.87%
DRI	18.6B	10.0B	2.46%	18.53%	20.5	1.87	16.23%	-1.35%
MID-CAP
ARMK	8.9B	17.0B	-8.79%	-7.40%	39.44	0.53	27.66%	584.49%
TXRH	7.0B	4.0B	-2.19%	24.58%	25.84	1.74	15.91%	10.00%
WING	5.5B	357.5M	2.96%	65.36%	104.19	15.43	26.56%	24.12%
WEN	4.5B	2.1B	-6.95%	-4.32%	25.25	2.14	10.46%	-11.49%
SHAK	2.1B	900.5M	-9.10%	-26.27%	-85.69	2.29	21.70%	-178.35%
SMALL-CAP
PLAY	1.7B	1.7B	-14.35%	-19.63%	13.8	0.98	61.79%	371.82%
BJRI	666.0M	1.3B	-20.17%	6.36%	163.4	0.52	18.11%	213.03%
CHUY	624.7M	422.2M	-5.37%	24.72%	29.96	1.48	6.49%	-30.89%
DENN	613.8M	456.4M	-13.02%	-23.70%	8.22	1.34	14.63%	-4.30%
RUTH	515.7M	505.9M	-11.97%	-26.70%	13.35	1.02	17.88%	-8.64%

Financials for Jack in the Box

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q3	2022Q2	2022Q2	2022Q1
Revenue	12.4%	1,650	1,468	1,344	1,215	1,150
S&GA Expenses	19.0%	156	131	115	96.00	87.00
Costs and Expenses	12.7%	1,375	1,220	1,111	967	875
EBITDA	19.8%	158	132	118	136	-
EBITDA Margin	6.5%	0.10*	0.09*	0.09*	0.11*	-
Earnings Before Taxes	11.8%	181	162	149	169	207
EBT Margin	-0.5%	0.11*	0.11*	0.11*	0.14*	-
Interest Expenses	-4.1%	-86.07	-82.71	-78.16	-66.91	-
Net Income	12.1%	130	116	109	126	154
Net Income Margin	-0.3%	0.08*	0.08*	0.08*	0.10*	-
Free Cahsflow	11.8%	130	116	115	152	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q3	2022Q2	2022Q2	2022Q1
Assets	-0.5%	2,907	2,923	2,864	2,824	1,759
Current Assets	-6.6%	264	283	205	172	163
Cash Equivalents	41.3%	154	109	93.00	85.00	88.00
Inventory	-3.7%	5.00	5.00	6.00	6.00	3.00
Net PPE	1.5%	425	418	442	463	315
Goodwill	-2.0%	360	367	368	330	48.00
Current Liabilities	-11.6%	461	522	468	419	278
Long Term Debt	-0.3%	1,793	1,800	1,806	1,813	1,275
Retained Earnings	2.4%	1,887	1,843	1,806	1,793	1,794
Additional Paid-In Capital	0.7%	512	508	507	505	502
Accumulated Depreciation	2.0%	827	811	829	819	813
Shares Outstanding	-	38.00	-	-	-	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q3	2022Q2	2022Q2	2022Q1
Cashflow From Operations	17.4%	191	163	155	190	173
Share Based Compensation	35.3%	10.00	7.00	6.00	5.00	4.00
Cashflow From Investing	3.9%	-556	-578	-599	-603	-27.13
Cashflow From Financing	-4.2%	458	478	435	389	-345
Dividend Payments	-0.3%	37.00	37.00	37.00	38.00	37.00
Buy Backs	60.0%	40.00	25.00	76.00	135	200

Risks for JACK

What is the probability of a big loss on JACK?

61.9%

Probability that Jack in the Box stock will be more than 20% underwater in next one year

46.9%

Probability that Jack in the Box stock will be more than 30% underwater in next one year.

29.2%

Probability that Jack in the Box stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does JACK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Jack in the Box was unfortunately bought at previous high price.

Drawdowns

Returns for JACK

Cumulative Returns on JACK

10.7%

10-Year Cumulative Returns

5.7%

7-Year Cumulative Returns

1.5%

5-Year Cumulative Returns

39.0%

3-Year Cumulative Returns

What are the long-term rolling returns for JACK?

FIve years rolling returns for Jack in the Box.

Annualized Returns

Which funds bought or sold JACK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-49.74	-9,891,230	8,526,770	0.01%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-14.03	-18,000	71,000	-%
2023-02-28	Voya Investment Management LLC	added	20.92	115,754	1,132,750	-%
2023-02-22	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	reduced	-10.24	-92,000	440,000	-%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	-1,531	20,469	-%
2023-02-21	MACQUARIE GROUP LTD	reduced	-0.61	-2,981,000	31,858,000	0.04%
2023-02-16	CHARTWELL INVESTMENT PARTNERS, LLC	added	11.96	390,000	12,802,000	0.50%
2023-02-16	AXXCESS WEALTH MANAGEMENT, LLC	new	-	214,310	214,310	0.02%
2023-02-16	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	new	-	13,168	13,168	-%
2023-02-15	JANE STREET GROUP, LLC	added	37.21	505,551	2,421,550	-%

Latest Funds Activity

Are funds buying JACK calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own JACK

No. of Funds

Jack in the Box News

Schedule 13G FIlings of Jack in the Box

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2023	capital world investors	6.0%	1,256,700	SC 13G
Feb 09, 2023	vanguard group inc	11.31%	2,351,209	SC 13G/A
Jan 31, 2023	franklin mutual advisers llc	6.3%	1,299,681	SC 13G/A
Jan 26, 2023	blackrock inc.	15.9%	3,313,603	SC 13G/A
Jan 20, 2023	blackrock inc.	15.9%	3,313,603	SC 13G/A
Jan 11, 2023	allspring global investments holdings, llc	4.41%	916,028	SC 13G/A
Mar 09, 2022	vanguard group inc	10.51%	2,210,603	SC 13G/A
Feb 10, 2022	vanguard group inc	9.74%	2,047,171	SC 13G/A
Feb 02, 2022	franklin mutual advisers llc	8.9%	1,877,185	SC 13G
Jan 27, 2022	blackrock inc.	11.5%	2,409,924	SC 13G/A

JACK Fair Value

Jack in the Box fair value in different scenarios

The table shows the Fair Value estimates for Jack in the Box for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	52.46 -37.21%	68.72 -17.75%	81.97 -1.89%	151.63 81.48%	211.36 152.97%
Current Inflation	24.49 -70.69%	31.07 -62.81%	44.33 -46.94%	78.80 -5.69%	103.38 23.73%
Very High Inflation	45.72 -45.28%	58.58 -29.89%	69.34 -17.01%	110.49 32.24%	149.91 79.43%

Historical Jack in the Box Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Jack in the Box

View All Filings

Date Filed	Form Type	Document
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 09, 2023	4	Insider Trading
Mar 08, 2023	S-8	Employee Benefits Plan

Latest Insider Trading transactions for JACK

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-09	MYERS JAMES M	acquired	-	-	1,332	-
2023-03-09	TEHLE DAVID M	acquired	-	-	1,332	-
2023-03-09	John Sharon Price	acquired	-	-	1,332	-
2023-03-09	Gretzema Chad	sold	-61,210	85.97	-712	del taco brand president
2023-03-09	MURPHY MICHAEL W	sold	-115,733	83.2611	-1,390	-
2023-03-09	YEUNG MAN WEIN VIVIEN	acquired	-	-	1,332	-
2023-03-09	KLEINER MADELEINE	acquired	-	-	1,332	-
2023-03-09	MURPHY MICHAEL W	acquired	-	-	1,332	-
2023-03-09	GOEBEL DAVID	acquired	-	-	1,877	-
2023-03-09	DIAZ GUILLERMO JR	acquired	-	-	1,332	-

About Jack in the Box

Darin S. Harris

www.jackinthebox.com

5300

Jack in the Box Inc. operates and franchises Jack in the Box quick-service restaurants. As of November 23, 2021, it operated and franchised approximately 2,200 Jack in the Box quick-service restaurants in 21 states and Guam. The company was founded in 1951 and is headquartered in San Diego, California.

JACK Income Statement

2023-01-22

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) $ in Thousands	4 Months Ended
	Jan. 22, 2023	Jan. 23, 2022
Revenues	$ 527,096	$ 344,711
Operating costs and expenses, net:
Food and packaging	81,933	37,537
Payroll and employee benefits	88,641	39,725
Occupancy and other	51,371	20,877
Franchise occupancy expenses	67,224	63,983
Franchise support and other costs	1,877	3,911
Franchise advertising and other services expenses	74,570	63,308
Selling, general and administrative expenses	50,142	25,029
Depreciation and amortization	19,402	12,496
Pre-opening costs	331	310
Other operating (income) expenses, net	(5,501)	3,843
Gains on the sale of company-operated restaurants	(3,825)	(48)
Total operating costs and expenses	426,165	270,971
Earnings from operations	100,931	73,740
Other pension and post-retirement expenses, net	2,144	93
Interest expense, net	26,148	20,187
Earnings before income taxes	72,639	53,460
Income taxes	19,385	14,190
Net earnings	$ 53,254	$ 39,270
Earnings per share:
Basic (in USD per share)	$ 2.55	$ 1.85
Diluted (in USD per share)	2.54	1.85
Cash dividends declared per common share (in USD per share)	$ 0.44	$ 0.44
Company restaurant sales
Revenues	$ 270,191	$ 120,056
Franchise rental revenues
Revenues	108,830	103,099
Franchise royalties and other
Revenues	76,390	60,755
Franchise contributions for advertising and other services
Revenues	$ 71,685	$ 60,801

JACK Balance Sheet

2023-01-22

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jan. 22, 2023	Oct. 02, 2022
Current assets:
Cash	$ 153,846	$ 108,890
Restricted cash	27,772	27,150
Accounts and other receivables, net	56,987	103,803
Inventories	5,070	5,264
Prepaid expenses	11,247	16,095
Current assets held for sale	4,600	17,019
Other current assets	4,828	4,772
Total current assets	264,350	282,993
Property and equipment:
Property and equipment, at cost	1,251,566	1,228,916
Less accumulated depreciation and amortization	(826,928)	(810,752)
Property and equipment, net	424,638	418,164
Other assets:
Operating lease right-of-use assets	1,327,654	1,332,135
Intangible assets, net	11,951	12,324
Trademarks	283,500	283,500
Goodwill	359,511	366,821
Other assets, net	235,414	226,569
Total other assets	2,218,030	2,221,349
Total assets	2,907,018	2,922,506
Current liabilities:
Current maturities of long-term debt	30,110	30,169
Current operating lease liabilities	168,946	171,311
Accounts payable	37,519	66,271
Accrued liabilities	224,740	253,932
Total current liabilities	461,315	521,683
Long-term liabilities:
Long-term debt, net of current maturities	1,793,395	1,799,540
Long-term operating lease liabilities, net of current portion	1,177,309	1,165,097
Deferred tax liabilities	42,084	37,684
Other long-term liabilities	135,983	134,694
Total long-term liabilities	3,148,771	3,137,015
Stockholders’ deficit:
Preferred stock $0.01 par value, 15,000,000 shares authorized, none issued	0	0
Common stock $0.01 par value, 175,000,000 shares authorized, 82,617,362 and 82,580,599 issued, respectively	826	826
Capital in excess of par value	511,924	508,323
Retained earnings	1,886,980	1,842,947
Accumulated other comprehensive loss	(53,493)	(53,982)
Treasury stock, at cost, 62,019,871 and 61,799,221 shares, respectively	(3,049,305)	(3,034,306)
Total stockholders’ deficit	(703,068)	(736,192)
Total liabilities and stockholders' equity	$ 2,907,018	$ 2,922,506