We publish no single base value for Jabil. Our valuation methods put it between $278.86 and $474.38 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate.
| Method | Value | vs price | Basis |
|---|---|---|---|
| Discounted cash flow | $474.38 | +82.5% | free cash flow $1.37bn, growth 20.64% for 5 years, then fading to 3% over 5 more, discounted at 10.66%; stress floor $206.19 |
| Exit multiple (P/E) | $278.86 | +7.3% | earnings per share $17.69 valued at 14.4× (the stock's own median P/E) in 5 years, discounted back |
| Sum of the parts | — | — | no sum of the parts: this run holds no segment disclosure for the name |
| Price to sales | — | — | not reached: the cash-flow or earnings methods produced an anchor, so this fallback was not run |
| Tangible book | — | — | used only for lenders, where book value is the business |
| Price to FFO (REITs) | — | — | used only for REITs |
Each working is rebuilt by code from the valuation's own figures and checked against the published value.
The discount rate:
| Risk-free rate | 5.13% (10-year US Treasury yield) |
| Company's own beta | 1.34 (5 years of monthly returns against the S&P 500; standard error 0.25) |
| Peer beta | 1.32 (median of 73 S&P 500 Information Technology companies) |
| Blend of own and peers | 1.34 (81% own, 19% peers, weighted by how precisely the company's own beta is measured) |
| Adjusted beta | 1.23 (0.67 × 1.34 + 0.33, pulled toward the market's 1.0) |
| Equity risk premium | 4.5% |
| Discount rate = risk-free + adjusted beta × premium | 10.66% |
Free cash flow grows 20.64% a year for 5 years, then fades in equal steps toward 3% over 5 more; each year is discounted by 1 ÷ (1 + rate)^year:
| Year | Growth | Free cash flow | Discount factor | Present value |
|---|---|---|---|---|
| Now | — | $1.37bn | — | — |
| Year 1 | 20.64% | $1.66bn | 0.9036 | $1.50bn |
| Year 2 | 20.64% | $2.00bn | 0.8165 | $1.63bn |
| Year 3 | 20.64% | $2.41bn | 0.7379 | $1.78bn |
| Year 4 | 20.64% | $2.91bn | 0.6667 | $1.94bn |
| Year 5 | 20.64% | $3.51bn | 0.6025 | $2.12bn |
| Year 6 | 17.70% | $4.13bn | 0.5444 | $2.25bn |
| Year 7 | 14.76% | $4.74bn | 0.4920 | $2.33bn |
| Year 8 | 11.82% | $5.30bn | 0.4445 | $2.36bn |
| Year 9 | 8.88% | $5.77bn | 0.4017 | $2.32bn |
| Year 10 | 5.94% | $6.12bn | 0.3630 | $2.22bn |
| Terminal value = year-10 cash flow × (1 + 3%) ÷ (10.66% − 3%) | $82.20bn |
| Terminal value in today's money | $29.84bn |
| Present value of years 1–10 | $20.45bn |
| Total present value | $50.28bn |
| Shares outstanding | 106.00m |
| Value per share = total ÷ shares | $474.38 |
How the DCF value moves with the discount rate and the starting growth (the middle cell is the published value):
| Discount rate | Growth 15.64% | Growth 20.64% | Growth 25.64% |
|---|---|---|---|
| 9.66% | $419.74 | $558.01 | $737.81 |
| 10.66% | $358.72 | $474.38 | $624.37 |
| 11.66% | $312.10 | $410.59 | $537.99 |
The same DCF at each beta, starting growth unchanged:
| Beta | Value | Discount rate | DCF value |
|---|---|---|---|
| Company's own beta | 1.34 | 11.16% | $440.78 |
| Peer beta | 1.32 | 11.07% | $446.57 |
| Adjusted beta (used) | 1.23 | 10.66% | $474.38 |
Earnings per share grow on the same fading path as the DCF:
| Year | Growth | Earnings per share |
|---|---|---|
| Now | — | $17.69 |
| Year 1 | 20.64% | $21.34 |
| Year 2 | 15.35% | $24.62 |
| Year 3 | 11.64% | $27.49 |
| Year 4 | 9.05% | $29.97 |
| Year 5 | 7.24% | $32.14 |
| Earnings per share in year 5 | $32.14 |
| Exit P/E (the stock's own median P/E) | 14.4× |
| Value in 5 years = earnings × P/E | $462.84 |
| Discounted at 10.66% over 5 years: ÷ 1.6598 | $278.86 |
We publish no single base value for Jabil. Our valuation methods put it between $278.86 and $474.38 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate.
One-year price simulation: a 10% chance the price is below $127.18 and a 10% chance it is above $493.99 in a year; a 48% chance it is higher than today's $259.96, from 52.67% volatility. The simulation assumes the price drifts up at our discount rate of 10.66% a year.
At $259.96 the price implies free cash flow growing 10.0% a year for five years and then fading toward 3% over five more; its revenue has grown 20.6%.
| Week | Price | Base value |
|---|---|---|
| 2 Oct 2026 | $304.41 | — |
| 9 Oct 2026 | $306.28 | — |
| 16 Oct 2026 | $278.25 | — |
| 23 Oct 2026 | $273.97 | — |
| 30 Oct 2026 | $272.72 | — |
| 6 Nov 2026 | $239.09 | — |
| 12 Nov 2026 | $259.96 | — |
Data as of 12 Nov 2026; financials to 31 Aug 2026. Sources: company filings via EODHD, SEC EDGAR, US Treasury. How these values are computed. Not investment advice.
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