JBTM
JBT Marel Corporation

JBT Marel CorporationJBTM

Industrials · Specialty Industrial Machinery
128.35USD
+1.21%
Nov 08, 2026
JBTM overview ready
Global Provider of Automated Protein and Prepared-Food Processing Systems
JBT Marel is a global supplier of end-to-end food and beverage processing systems, including protein and prepared-food equipment, automated material handling, software and controls, packaging, and recurring aftermarket service.
Primary theme is improving
Diversified Industrials is improving (+8.5pp vs SPY over 21 sessions; 16 of 24 members ahead of SPY).
An early price trend
Longer-term context reads early trend, with a near-term setup of reclaim attempt.
Attractive valuation
Current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Exposure to food industry capital expenditure cycles.
Market Nov 6Filing Sep 30Price action Nov 7Research Nov 2

Conviction Level

PriceAction9.1BusinessPerformance5.0BusinessQuality5.5Valuation8.0ThemeMomentum7.0Stable — Revenue is roughly flat year over year (-0.7%). Diluted EPS is up 6% year over year at $1.34. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
+8.5pp
Theme return
+3.5%
Beating SPY
16 of 24
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

An early price trend
Longer-term context reads early trend, with a near-term setup of reclaim attempt.
EntryBreakout + retest

Price broke through the weekly SMA200, then retested it constructively and recovered — a fresh structural entry rather than a chase.

Key Financials

Market Cap
$6.6B
Avg Volume (60D)
551.2K
60 sessions
Revenue Growth YoY
+121.3%
FY2025 vs FY2024
Gross Margin
+35.5%
Operating Margin
+7.3%
Trailing twelve months
Free Cash Flow Yield
+4.7%
Distance from 200DMA
-1.1%
P/E
33.4x
EV / Sales
2.1x
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Stable

Revenue is roughly flat year over year (-0.7%). Diluted EPS is up 6% year over year at $1.34.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthFlat
-0.7%
$994M in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +116%
  2. +9.6%
  3. +4.9%
  4. -0.7%
Earnings growthGrowing
+6.3%
Diluted EPS $1.34 vs $1.26 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. n/a
  2. n/a
  3. +671%
  4. +6.3%
Operating marginStable
10.1%
-0.1 pp YoY

Business Quality

5.5 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Only one valuation perspective could be built for this company, and it reads cheap.
JBT Marel Corporation has a Cheap valuation stance because current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.

Company Research

Thesis
JBT Marel is a global supplier of end-to-end food and beverage processing systems, including protein and prepared-food equipment, automated material handling, software and controls, packaging, and recurring aftermarket service.
Opportunity
Moderate opportunity
Food and beverage processors are investing in integrated automation, robotics, inspection, software, and processing-line upgrades to mitigate labor constraints, improve yield and traceability, strengthen food safety, and reduce energy, water, and raw-material waste.
Key risk
Exposure to food industry capital expenditure cycles.

Economic classification

Loading the economic classification…

Business & Markets

Industrials · Specialty Industrial Machinery
What they do

JBT Marel Corporation designs, manufactures, and supplies integrated food-processing equipment, automation systems, software, and services globally, focusing on protein and prepared food industries.

How it earns

The company generates revenue primarily through transactional sales of equipment, software licenses, and aftermarket services.

Products & services
Food-processing equipment
Automation systems
Digital software
Aftermarket services
Customers & end markets
Food processors
Protein producers
Prepared food manufacturers
Market position

JBT Marel is a specialized global leader in automated protein and prepared-food processing solutions.

Demand drivers
Medium cyclicality

Demand is influenced by food industry capital expenditure cycles and broader economic conditions affecting food production investment.

Peers

Companies validated as economically comparable to JBTM — similar business, revenue model and scale.
PRICE ACTIONVALUATIONTHEME
The Middleby CorporationEarly Trend — Daily ReclaimFair6.0MediumUnavailableNot in RS poolLocked$136.50+4.89%