(JKHY) Jack Henry & Associates - Overview
Stock: Core Processing, Payment Solutions, Digital Banking, Risk Management, Hardware
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.34% |
| Yield on Cost 5y | 1.56% |
| Yield CAGR 5y | 5.97% |
| Payout Consistency | 98.4% |
| Payout Ratio | 44.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 23.1% |
| Relative Tail Risk | -1.93% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.00 |
| Alpha | -6.67 |
| Character TTM | |
|---|---|
| Beta | 0.369 |
| Beta Downside | 0.300 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.02% |
| CAGR/Max DD | 0.08 |
Description: JKHY Jack Henry & Associates January 02, 2026
Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a U.S.–based financial-technology firm that supplies core banking platforms, payment-processing infrastructure, and a suite of complementary digital services to banks, credit unions, and other financial institutions.
The business is organized into four segments: Core (core processing platforms such as SilverLake for commercial banks, Symitar for credit unions, CIF 20/20 and Core Director), Payments (ATM, ACH, remote deposit capture, card processing, online/mobile bill-pay, and risk-management tools), Complementary (digital/mobile banking, treasury, online account opening, AML/fraud detection, and lending solutions delivered via the Banno Digital Platform), and Corporate & Other (hardware, data-center services, implementation, training, and professional services).
In FY 2023 the company generated approximately $1.33 billion in revenue, up about 6 % year-over-year, with an operating margin near 18 % and free cash flow of roughly $200 million-metrics that reflect strong pricing power in a market where digital-banking adoption is rising at ~15 % annually. The Core segment remains the revenue engine, accounting for roughly 55 % of total sales, while the Payments and Complementary segments together contribute the remaining 45 %, driven by increasing transaction volumes and heightened regulatory focus on AML compliance. A key sector driver is the continued shift toward electronic payments and mobile banking, which benefits providers that can bundle core processing with integrated digital experiences.
For a deeper dive into JKHY’s valuation dynamics and how its growth prospects compare to peers, you might find the analysis on ValueRay worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income: 480.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.20 > 0.02 and ΔFCF/TA 3.69 > 1.0 |
| NWC/Revenue: 8.91% < 20% (prev 2.84%; Δ 6.07% < -1%) |
| CFO/TA 0.21 > 3% & CFO 645.2m > Net Income 480.5m |
| Net Debt (-16.2m) to EBITDA (834.2m): -0.02 < 3 |
| Current Ratio: 1.49 > 1.5 & < 3 |
| Outstanding Shares: last quarter (72.9m) vs 12m ago -0.23% < -2% |
| Gross Margin: 43.54% > 18% (prev 0.41%; Δ 4312 % > 0.5%) |
| Asset Turnover: 80.96% > 50% (prev 76.67%; Δ 4.29% > 0%) |
| Interest Coverage Ratio: 73.90 > 6 (EBITDA TTM 834.2m / Interest Expense TTM 8.50m) |
Altman Z'' 9.77
| A: 0.07 (Total Current Assets 651.7m - Total Current Liabilities 436.1m) / Total Assets 3.05b |
| B: 1.14 (Retained Earnings 3.47b / Total Assets 3.05b) |
| C: 0.21 (EBIT TTM 628.1m / Avg Total Assets 2.99b) |
| D: 3.98 (Book Value of Equity 3.48b / Total Liabilities 874.2m) |
| Altman-Z'' Score: 9.77 = AAA |
Beneish M -3.12
| DSRI: 0.93 (Receivables 308.4m/306.7m, Revenue 2.42b/2.25b) |
| GMI: 0.95 (GM 43.54% / 41.21%) |
| AQI: 1.01 (AQ_t 0.72 / AQ_t-1 0.71) |
| SGI: 1.08 (Revenue 2.42b / 2.25b) |
| TATA: -0.05 (NI 480.5m - CFO 645.2m) / TA 3.05b) |
| Beneish M-Score: -3.12 (Cap -4..+1) = AA |
What is the price of JKHY shares?
Over the past week, the price has changed by -3.26%, over one month by -6.57%, over three months by +6.66% and over the past year by +1.05%.
Is JKHY a buy, sell or hold?
- StrongBuy: 4
- Buy: 0
- Hold: 14
- Sell: 0
- StrongSell: 1
What are the forecasts/targets for the JKHY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 200.1 | 15.4% |
| Analysts Target Price | 200.1 | 15.4% |
| ValueRay Target Price | 176.6 | 1.9% |
JKHY Fundamental Data Overview February 03, 2026
P/E Forward = 28.5714
P/S = 5.3833
P/B = 5.9681
P/EG = 2.9315
Revenue TTM = 2.42b USD
EBIT TTM = 628.1m USD
EBITDA TTM = 834.2m USD
Long Term Debt = 20.0m USD (from longTermDebt, last quarter)
Short Term Debt = 90.0m USD (from shortTermDebt, last quarter)
Debt = 20.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -16.2m USD (from netDebt column, last quarter)
Enterprise Value = 13.01b USD (13.02b + Debt 20.0m - CCE 36.2m)
Interest Coverage Ratio = 73.90 (Ebit TTM 628.1m / Interest Expense TTM 8.50m)
EV/FCF = 21.83x (Enterprise Value 13.01b / FCF TTM 595.8m)
FCF Yield = 4.58% (FCF TTM 595.8m / Enterprise Value 13.01b)
FCF Margin = 24.63% (FCF TTM 595.8m / Revenue TTM 2.42b)
Net Margin = 19.86% (Net Income TTM 480.5m / Revenue TTM 2.42b)
Gross Margin = 43.54% ((Revenue TTM 2.42b - Cost of Revenue TTM 1.37b) / Revenue TTM)
Gross Margin QoQ = 45.94% (prev 44.12%)
Tobins Q-Ratio = 4.27 (Enterprise Value 13.01b / Total Assets 3.05b)
Interest Expense / Debt = 4.43% (Interest Expense 886.0k / Debt 20.0m)
Taxrate = 24.34% (46.3m / 190.3m)
NOPAT = 475.2m (EBIT 628.1m * (1 - 24.34%))
Current Ratio = 1.49 (Total Current Assets 651.7m / Total Current Liabilities 436.1m)
Debt / Equity = 0.01 (Debt 20.0m / totalStockholderEquity, last quarter 2.17b)
Debt / EBITDA = -0.02 (Net Debt -16.2m / EBITDA 834.2m)
Debt / FCF = -0.03 (Net Debt -16.2m / FCF TTM 595.8m)
Total Stockholder Equity = 2.08b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.08% (Net Income 480.5m / Total Assets 3.05b)
RoE = 23.11% (Net Income TTM 480.5m / Total Stockholder Equity 2.08b)
RoCE = 29.92% (EBIT 628.1m / Capital Employed (Equity 2.08b + L.T.Debt 20.0m))
RoIC = 21.96% (NOPAT 475.2m / Invested Capital 2.16b)
WACC = 7.26% (E(13.02b)/V(13.04b) * Re(7.27%) + D(20.0m)/V(13.04b) * Rd(4.43%) * (1-Tc(0.24)))
Discount Rate = 7.27% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.05%
[DCF Debug] Terminal Value 83.69% ; FCFF base≈543.3m ; Y1≈670.1m ; Y5≈1.14b
Fair Price DCF = 313.1 (EV 22.64b - Net Debt -16.2m = Equity 22.66b / Shares 72.4m; r=7.26% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -7.28 | EPS CAGR: -45.35% | SUE: -4.0 | # QB: 0
Revenue Correlation: 93.68 | Revenue CAGR: 7.37% | SUE: 1.70 | # QB: 2
EPS next Quarter (2026-03-31): EPS=1.47 | Chg30d=+0.006 | Revisions Net=+1 | Analysts=7
EPS current Year (2026-06-30): EPS=6.32 | Chg30d=+0.040 | Revisions Net=+0 | Growth EPS=+6.2% | Growth Revenue=+5.4%
EPS next Year (2027-06-30): EPS=6.87 | Chg30d=+0.047 | Revisions Net=+4 | Growth EPS=+8.6% | Growth Revenue=+6.4%