Sanfilippo John B & Son Inc. (JBSS) intrinsic value & 10-year financials
Sanfilippo John B & Son Inc. (JBSS) has a Graham intrinsic value of $99.81 per share. At $66.76 on Oct 17, 2026, the stock trades 33% below that value. Over the last 10 fiscal years revenue grew 1.7% a year to $1.1B, with an average return on invested capital of 19.1%.
- Graham intrinsic value
- $99.81
- Share price (Oct 17, 2026)
- $66.76
- Price vs Graham value
- 33% below
- Market cap
- $782.7M
- Revenue (FY2025)
- $1.1B
- Revenue growth (10-yr CAGR)
- 1.7%
- ROIC (10-yr avg)
- 19.1%
- Free cash flow (FY2025)
- -$20.2M
JBSS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.1B | $58.9M | $5.03 | -$20.2M | 7.7% | 18.2% |
| FY2024 | $1.1B | $60.2M | $5.15 | $73.4M | 8.0% | 20.5% |
| FY2023 | $999.7M | $62.9M | $5.40 | $103.9M | 9.0% | 22.8% |
| FY2022 | $955.9M | $61.8M | $5.33 | $1.9M | 9.1% | 24.5% |
| FY2021 | $858.5M | $59.7M | $5.17 | $79.5M | 9.9% | 25.3% |
| FY2020 | $880.1M | $54.1M | $4.69 | $48.6M | 8.9% | 22.3% |
| FY2019 | $876.2M | $39.5M | $3.43 | $68.4M | 6.7% | 16.3% |
| FY2018 | $888.9M | $32.4M | $2.83 | $52.9M | 6.3% | 14.0% |
| FY2017 | $846.6M | $36.1M | $3.17 | $41.8M | 6.9% | 14.5% |
| FY2016 | $952.1M | $30.4M | $2.68 | $74.2M | 5.4% | 12.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
SANFILIPPO JOHN B & SON INC has demonstrated mature, steady growth, with revenue compounding at 1.7% annually over the past decade.
SANFILIPPO JOHN B & SON INC has earned high returns on invested capital, averaging 19.0% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
SANFILIPPO JOHN B & SON INC has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, SANFILIPPO JOHN B & SON INC is modeled at 7.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $99.81 per share.