Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
J & J Snack Foods Corp
Physical assets are 96.7% of total assets, a heavy footprint. Capex is 1.13x depreciation and free cash flow yield is still positive, which fits a physical base that is being replaced or expanded without consuming all of its cash. ROIC is 6.2%, below an 8% cost-of-capital hurdle.
Fixed-asset turnover is 1.36x. Compare it with other names in the same basket.
Physical asset ratio
96.7%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
1.36x
Revenue per dollar of the physical asset base.
Capex / D&A
1.13x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$31.15
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
2.53x
Price $78.95.
Fixed-charge coverage
3.31x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
5.6%
Latest free cash flow divided by current market cap ($1.47B).
ROIC
6.2%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.07x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 38.1% | 4.69x | 1.29x | $31.82 | 67.80x | $63.35M | 15.5% | 0.46x |
| 2019 | 36.3% | 4.68x | 1.18x | $35.67 | 48.87x | $90.37M | 14.8% | 0.46x |
| 2020 | 39.5% | 3.20x | 1.09x | $31.84 | 1.23x | $34.33M | 2.3% | 0.05x |
| 2021 | 38.6% | 3.56x | 1.08x | $33.77 | 5.14x | $47.92M | 8.7% | 0.22x |
| 2022 | 45.6% | 3.57x | 1.64x | $25.35 | 1.95x | -$61.23M | 5.4% | 0.16x |
| 2023 | 50.6% | 3.28x | 1.66x | $28.10 | 3.25x | $67.54M | 9.0% | 0.23x |
| 2024 | 52.5% | 2.90x | 1.04x | $30.32 | 5.57x | $99.50M | 8.2% | 0.22x |
| 2025 | 96.7% | 1.36x | 1.13x | $31.15 | 3.31x | $82.25M | 6.2% | 0.07x |
- Principal due is short-term debt, the amount reported as due within a year.
Latest year inputs (2025)
Net PP&E: $1.16B
Inventory: $175.17M
Total assets: $1.38B
Goodwill: $185.07M
Intangibles: $172.65M
Liabilities: $414.81M
Tangible book: $608.98M
Shares: 19,548,000
Revenue: $1.58B
Capex: $82.87M
D&A: $73.33M
EBITDA: $161.25M
Interest: $1.49M
Short-term debt: $22.19M
Free cash flow: $82.25M
Operating income: $84.33M
Invested capital: $1.02B
Tax rate: 24.1%