Jbs N.V. (JBS) intrinsic value & 10-year financials

Jbs N.V. (JBS) has a Graham intrinsic value of $42.30 per share. At $12.19 on Oct 27, 2026, the stock trades 71% below that value. Over the last 4 fiscal years revenue grew 8.7% a year to $86.2B, with an average return on invested capital of 15.5%.

Graham intrinsic value
$42.30
Share price (Oct 27, 2026)
$12.19
Price vs Graham value
71% below
Market cap
$13.0B
Revenue (FY2025)
$86.2B
Revenue growth (4-yr CAGR)
8.7%
ROIC (10-yr avg)
15.5%
Free cash flow (FY2025)
$832.7M

JBS 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $86.2B $2.2B $1.89 $832.7M 4.8% 26.2%
FY2024 $77.2B $2.0B $1.65 $2.7B 5.7% 14.5%
FY2023 $72.9B -$131.7M -$0.19 $876.6M 1.5% 5.7%
FY2022 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

JBS N.V. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

JBS N.V. has earned high returns on invested capital, averaging 20.4% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

JBS N.V. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, JBS N.V. is modeled at 8.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $42.30 per share.

JBS stock: frequently asked questions

What is the intrinsic value of Jbs N.V. (JBS) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 8.7% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, JBS's intrinsic value is about $42.30 per share.

Is JBS stock undervalued?

At $12.19 (close on Oct 27, 2026), JBS trades 71% below its Graham value of $42.30. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

Does Jbs N.V. generate free cash flow?

Jbs N.V. generated $832.7M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 3 of the last 3 reported years.

What is JBS's return on invested capital?

Average ROIC over the last 4 fiscal years was 15.5%, and average return on equity was 15.3%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this JBS data come from?

From Jbs N.V.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 10, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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