JB Hi-Fi’s “smashing price”

Co-founder of the Switzer Report
Print This Post A A A

I have been a huge fan of JB Hi-Fi, Australia’s best retailer. It has been a winner for customers, staff and shareholders.

Consider these performance stats that Chairman Greg Richards relayed at the Annual General Meeting last Thursday. Since listing in October 2003:

  • the share price compound annual growth rate is 20.7% to 22 October 2019, compared to 4.5% on the ASX 200 Accumulation Index over the same period;
  • the earnings per share compound annual growth rate is 20.5%; and
  • the dividend per share (fully franked) compound annual growth rate is 22%.

More recently, over the past five years:

Also from this edition