JPM
JPMorgan Chase & Co.
JPM has the edge over VALU overall, supported by stronger fundamentals and stronger modeled upside.
VALU
Value Line, Inc.
VALU offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
JPM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.
VALU Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| N/A | |
| N/A |
VALU's revenue and profitability are currently stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like VALU.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $361 | +5.2% |
Historical ranges are pointers, not guarantees.
JPM's PE is in its expensive range at 14.4x. If earnings grow as analysts expect, today's price would be 13.7x next year's earnings.
VALU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $33.31 | -18% |
| Fair | 19x | $39.26 | -3.6% |
| Current | 19x | $40.73 | — |
| Expensive | 25x | $52.04 | +28% |
Historical ranges are pointers, not guarantees.
VALU has the edge over JPM in the historical PE scenario, which offers more potential upside but is not a forecast.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
VALU Forward outlook
There aren't enough analyst estimates for VALU to show an outlook.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.99 | +4.8% |
| Q3 2026 | $23.85 | +18% |
| Q2 2026 | $23.35 | +20% |
| Q1 2026 | $20.89 | +2.5% |
| Q4 2025 | $20.02 | +1.4% |
| Q3 2025 | $20.20 | +12% |
| Q2 2025 | $19.50 | +8.7% |
| Q1 2025 | $20.38 | +23% |
| Q4 2024 | $19.75 | +22% |
JPM has the edge over VALU on earnings, with more consistent year-over-year improvement.
VALU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $2.11 | -6.6% |
| Q2 2026 | $2.30 | +5% |
| Q1 2026 | $2.34 | +2.6% |
| Q4 2025 | $2.26 | -3.8% |
| Q3 2025 | $2.26 | +6.6% |
| Q2 2025 | $2.19 | +8.4% |
| Q1 2025 | $2.28 | +18% |
| Q4 2024 | $2.35 | +26% |
VALU's earnings per share have fallen from their peak: $2.11 over the past year, against $2.88 in late 2021.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $50.2B | +8.1% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7.1% |
| Q3 2025 | $46.4B | +8.8% |
| Q2 2025 | $44.9B | -11% |
| Q1 2025 | $45.3B | +8.1% |
| Q4 2024 | $42.8B | +11% |
JPM has the edge over VALU on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM has the edge over VALU on profitability, with a higher operating margin.
VALU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $8.1M | -6.4% |
| Q2 2026 | $8M | -4.5% |
| Q1 2026 | $8.3M | -7.7% |
| Q4 2025 | $8.6M | -3.2% |
| Q3 2025 | $8.6M | -3.1% |
| Q2 2025 | $8.4M | -6.8% |
| Q1 2025 | $9M | -1.8% |
| Q4 2024 | $8.8M | -8% |
VALU's revenue has slid since its 2020 peak: $8M last quarter, down 6.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | -4.6 points |
| Q2 2026 | 0.2% | -9.7 points |
| Q1 2026 | 12% | -5.3 points |
| Q4 2025 | 18% | -2.1 points |
| Q3 2025 | 17% | -3.4 points |
| Q2 2025 | 9.9% | -6.6 points |
| Q1 2025 | 17% | -7 points |
| Q4 2024 | 20% | -8.1 points |
VALU's operating margin was 13% last quarter, down 4.6 points from the same quarter a year ago.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $33.2B | +$78.4B |
| Q2 2026 | -$25.3B | -186% |
| Q1 2026 | -$211.8B | +$40.1B |
| Q4 2025 | $119.7B | -19% |
| Q3 2025 | -$45.2B | +$28.9B |
| Q2 2025 | $29.5B | -23% |
| Q1 2025 | -$251.8B | -$97.7B |
| Q4 2024 | $147.8B | +145% |
JPM's free cash flow was −$84.2B over the past year, against −$120B the year before. Free cash flow isn't a meaningful measure for financial services companies like JPM.
VALU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.7M | -15% |
| Q2 2026 | $4.8M | -14% |
| Q1 2026 | $5.3M | -22% |
| Q4 2025 | $3M | -2% |
| Q3 2025 | $5.6M | +17% |
| Q2 2025 | $5.5M | +47% |
| Q1 2025 | $6.8M | -20% |
| Q4 2024 | $3M | +327% |
VALU has the edge over JPM on cash generation, producing positive trailing cash flow while its opponent burns cash.
JPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -11.2M shares |
| 1 year | -3.1% | -84.6M shares |
| 3 years | -8.5% | -249M shares |
| 5 years | -11% | -322M shares |
| Available history | -17% | -547M shares |
JPM has the edge over VALU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
VALU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -14.8K shares |
| 1 year | -0.3% | -30.4K shares |
| 3 years | -0.5% | -48.3K shares |
| 5 years | -1.8% | -176K shares |
| Available history | -2.8% | -273K shares |
VALU has 9M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100,000 |
| Q2 2026 | $62,000 |
| Q1 2026 | $647,000 |
| Q4 2025 | $160,000 |
| Q3 2025 | $59,000 |
| Q2 2025 | $179,000 |
| Q1 2025 | $96,000 |
| Q4 2024 | $1,000 |
VALU spent $969,000 buying back its own shares over the past year, up 189% from the year before.
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JPM.
VALU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.3x | Net Cash |
| Q2 2026 | -4.5x | Net Cash |
| Q1 2026 | -7.6x | Net Cash |
| Q4 2025 | -6.5x | Net Cash |
| Q3 2025 | -4.9x | Net Cash |
| Q2 2025 | -4.7x | Net Cash |
| Q1 2025 | -3.4x | Net Cash |
| Q4 2024 | -1.3x | Net Cash |
VALU has the edge over JPM on leverage, with a lower net debt burden relative to earnings.
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
VALU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.4 | Neutral |
| Stochastic | 56.2 | Neutral |
VALU's weekly RSI is 54 (neutral) and its Stochastic is 56 (neutral).
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM has the edge over VALU on valuation relative to its sector.
VALU PE vs Financial Services Sector
| Metric | VALU | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 13x | 48% above |
| PE % | 51 | 63 | 12 pts below |
VALU is trading at 19x earnings, a 48% premium to the Financial Services sector's median of 13x.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM has the edge over VALU on trend strength, trading above more of its moving averages.
VALU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $42.0 | 3% below |
| 20 week MA | $39.8 | 2.3% above |
| 50 week MA | $37.6 | 8.4% above |
| 100 week MA | $38.7 | 5.4% above |
| 200 week MA | $42.2 | 3.4% below |
VALU's trend is mixed: it's above three of its five weekly moving averages, and 3.4% below its 200-week average.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.1 | $124.5 | -11% |
| 2021 | $124.5 | $157.3 | +26% |
| 2022 | $157.3 | $131.3 | -17% |
| 2023 | $131.3 | $170.1 | +30% |
| 2024 | $170.1 | $241.2 | +42% |
| 2025 | $241.2 | $327.9 | +36% |
| 2026 YTD | $327.9 | $342.8 | +4.5% |
JPM has finished higher in four of the last six years. It's up 4.5% so far in 2026.
VALU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.6 | $29.7 | +3.6% |
| 2021 | $29.7 | $47.6 | +60% |
| 2022 | $47.6 | $50.8 | +6.8% |
| 2023 | $50.8 | $48.8 | -4% |
| 2024 | $48.8 | $53.4 | +9.6% |
| 2025 | $53.4 | $38.1 | -29% |
| 2026 YTD | $38.1 | $40.7 | +7% |
VALU has the edge over JPM on returns for 2026, with the stronger performance.