Jardine Matheson Holdings Limited

SGX:J36 Stock Report

Market Cap: US$18.5b

Jardine Matheson Holdings Future Growth

Future criteria checks 3/6

Jardine Matheson Holdings is forecast to grow earnings and revenue by 44.7% and 2.5% per annum respectively. EPS is expected to grow by 45.1% per annum. Return on equity is forecast to be 5.9% in 3 years.

Key information

44.7%

Earnings growth rate

45.11%

EPS growth rate

Industrials earnings growth17.7%
Revenue growth rate2.5%
Future return on equity5.86%
Analyst coverage

Good

Last updated31 Oct 2025

Recent future growth updates

Recent updates

Investors Appear Satisfied With Jardine Matheson Holdings Limited's (SGX:J36) Prospects

Oct 27
Investors Appear Satisfied With Jardine Matheson Holdings Limited's (SGX:J36) Prospects

Does Jardine Matheson Holdings (SGX:J36) Have A Healthy Balance Sheet?

Aug 25
Does Jardine Matheson Holdings (SGX:J36) Have A Healthy Balance Sheet?

Jardine Matheson Holdings Limited (SGX:J36) Investors Are Less Pessimistic Than Expected

Jul 27
Jardine Matheson Holdings Limited (SGX:J36) Investors Are Less Pessimistic Than Expected

Is There An Opportunity With Jardine Matheson Holdings Limited's (SGX:J36) 28% Undervaluation?

May 14
Is There An Opportunity With Jardine Matheson Holdings Limited's (SGX:J36) 28% Undervaluation?

Shareholders Should Be Pleased With Jardine Matheson Holdings Limited's (SGX:J36) Price

Apr 27
Shareholders Should Be Pleased With Jardine Matheson Holdings Limited's (SGX:J36) Price

Jardine Matheson Holdings (SGX:J36) Has A Somewhat Strained Balance Sheet

Apr 07
Jardine Matheson Holdings (SGX:J36) Has A Somewhat Strained Balance Sheet
User avatar

Mandarin Oriental Will Expand Asset-Light Strategy To Double Management Portfolio

Jardine Matheson's focus on leadership and shareholder-aligned incentives aims to boost long-term growth, improving management efficiency and net margins.

Why Investors Shouldn't Be Surprised By Jardine Matheson Holdings Limited's (SGX:J36) Low P/S

Jan 15
Why Investors Shouldn't Be Surprised By Jardine Matheson Holdings Limited's (SGX:J36) Low P/S

Is Jardine Matheson Holdings Limited (SGX:J36) Worth US$45.5 Based On Its Intrinsic Value?

Dec 05
Is Jardine Matheson Holdings Limited (SGX:J36) Worth US$45.5 Based On Its Intrinsic Value?

Earnings and Revenue Growth Forecasts

SGX:J36 - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202737,8261,8951,3402,7007
12/31/202636,7281,7461,2362,5547
12/31/202535,7511,5495762,5017
6/30/202535,5771003,2744,596N/A
3/31/202535,678-1843,4614,798N/A
12/31/202435,779-4683,6484,999N/A
9/30/202435,451-1943,4564,903N/A
6/30/202435,122803,2644,807N/A
3/31/202435,5863833,0164,696N/A
12/31/202336,0496862,7684,584N/A
9/30/202336,738592N/AN/AN/A
6/30/202337,4264973,7705,388N/A
3/31/202337,4614263,6965,107N/A
12/31/202237,4963543,6214,825N/A
9/30/202237,0721,388N/AN/AN/A
6/30/202236,6472,4213,4004,341N/A
3/31/202236,2552,1513,8334,709N/A
12/31/202135,8621,8814,2665,076N/A
9/30/202135,0481,0734,8395,637N/A
6/30/202134,2332645,4116,197N/A
3/31/202133,440-654,9315,736N/A
12/31/202032,647-3944,4515,275N/A
9/30/202034,652-2924,1195,094N/A
6/30/202036,656-1913,7874,913N/A
3/31/202038,7891,3243,5754,889N/A
12/31/201940,9222,8383,3634,865N/A
9/30/201941,1472,9603,4114,959N/A
6/30/201941,3723,0813,4585,053N/A
3/31/201941,9502,402N/A5,105N/A
12/31/201842,5271,722N/A5,157N/A
9/30/201841,9102,193N/A4,589N/A
6/30/201841,2922,664N/A4,020N/A
3/31/201840,0203,304N/A4,159N/A
12/31/201738,7483,943N/A4,298N/A
9/30/201738,2783,818N/A4,438N/A
6/30/201737,8083,693N/A4,577N/A
3/31/201737,4303,098N/A4,272N/A
12/31/201637,0512,503N/A3,967N/A
9/30/201636,6582,289N/A3,982N/A
6/30/201636,2642,075N/A3,996N/A
3/31/201636,6361,937N/A4,043N/A
12/31/201537,0071,799N/A4,089N/A
9/30/201538,0661,700N/A3,807N/A
6/30/201539,1251,600N/A3,524N/A
3/31/201539,5231,655N/A3,439N/A
12/31/201439,9211,710N/A3,354N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: J36's forecast earnings growth (44.7% per year) is above the savings rate (2.5%).

Earnings vs Market: J36's earnings (44.7% per year) are forecast to grow faster than the SG market (6.9% per year).

High Growth Earnings: J36's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: J36's revenue (2.5% per year) is forecast to grow slower than the SG market (3.9% per year).

High Growth Revenue: J36's revenue (2.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: J36's Return on Equity is forecast to be low in 3 years time (5.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/08 12:41
End of Day Share Price 2025/11/07 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Jardine Matheson Holdings Limited is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Boon Chong TngCGS International
Shui Lung ChoiCitigroup Inc
Leif EskesenCLSA