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JLG

Johns Lyng GroupASX:JLG Stock Report

Market Cap

AU$1.4b

7D

1.8%

1Y

109.9%

Updated

24 Oct, 2021

Data

Company Financials +
JLG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends0/6

JLG Overview

Johns Lyng Group Limited provides integrated building services in Australia and internationally.

Johns Lyng Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Johns Lyng Group
Historical stock prices
Current Share PriceAU$6.36
52 Week HighAU$2.86
52 Week LowAU$6.65
Beta0.087
1 Month Change4.26%
3 Month Change15.64%
1 Year Change109.90%
3 Year Change631.03%
5 Year Changen/a
Change since IPO430.00%

Recent News & Updates

Sep 17
Here's Why We Think Johns Lyng Group (ASX:JLG) Is Well Worth Watching

Here's Why We Think Johns Lyng Group (ASX:JLG) Is Well Worth Watching

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Sep 05
Is There An Opportunity With Johns Lyng Group Limited's (ASX:JLG) 22% Undervaluation?

Is There An Opportunity With Johns Lyng Group Limited's (ASX:JLG) 22% Undervaluation?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Johns Lyng Group...

Shareholder Returns

JLGAU ConstructionAU Market
7D1.8%2.5%0.6%
1Y109.9%0.3%21.3%

Return vs Industry: JLG exceeded the Australian Construction industry which returned 0.3% over the past year.

Return vs Market: JLG exceeded the Australian Market which returned 21.3% over the past year.

Price Volatility

Is JLG's price volatile compared to industry and market?
JLG volatility
JLG Beta0.087
Industry Beta0.99
Market Beta1

Stable Share Price: JLG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: JLG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19531,200Scott Didierhttps://www.johnslyng.com.au

Johns Lyng Group Limited provides integrated building services in Australia and internationally. The company operates through four segments: Insurance Building and Restoration Services, Commercial Building Services, Commercial Construction, and Other. It provides building fabric repair, contents restoration, hazardous waste removal, and strata management services; and residential and commercial flooring, emergency household repairs, shop-fitting, HVAC mechanical, and pre-sale property staging services.

Johns Lyng Group Fundamentals Summary

How do Johns Lyng Group's earnings and revenue compare to its market cap?
JLG fundamental statistics
Market CapAU$1.43b
Earnings (TTM)AU$18.56m
Revenue (TTM)AU$568.37m

77.2x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JLG income statement (TTM)
RevenueAU$568.37m
Cost of RevenueAU$448.79m
Gross ProfitAU$119.58m
ExpensesAU$101.02m
EarningsAU$18.56m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.082
Gross Margin21.04%
Net Profit Margin3.26%
Debt/Equity Ratio15.3%

How did JLG perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

60%

Payout Ratio

Valuation

Is Johns Lyng Group undervalued compared to its fair value and its price relative to the market?

22.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JLG (A$6.36) is trading below our estimate of fair value (A$8.24)

Significantly Below Fair Value: JLG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JLG is poor value based on its PE Ratio (77.2x) compared to the Australian Construction industry average (16x).

PE vs Market: JLG is poor value based on its PE Ratio (77.2x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: JLG is poor value based on its PEG Ratio (3.6x)


Price to Book Ratio

PB vs Industry: JLG is overvalued based on its PB Ratio (21.9x) compared to the AU Construction industry average (2x).


Future Growth

How is Johns Lyng Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

21.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JLG's forecast earnings growth (21.4% per year) is above the savings rate (1.9%).

Earnings vs Market: JLG's earnings (21.4% per year) are forecast to grow faster than the Australian market (11.5% per year).

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

Revenue vs Market: JLG's revenue (11.7% per year) is forecast to grow faster than the Australian market (5.5% per year).

High Growth Revenue: JLG's revenue (11.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JLG's Return on Equity is forecast to be high in 3 years time (30%)


Past Performance

How has Johns Lyng Group performed over the past 5 years?

11.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JLG has high quality earnings.

Growing Profit Margin: JLG's current net profit margins (3.3%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: JLG's earnings have grown by 11.4% per year over the past 5 years.

Accelerating Growth: JLG's earnings growth over the past year (17.1%) exceeds its 5-year average (11.4% per year).

Earnings vs Industry: JLG earnings growth over the past year (17.1%) underperformed the Construction industry 25%.


Return on Equity

High ROE: JLG's Return on Equity (37.4%) is considered high.


Financial Health

How is Johns Lyng Group's financial position?


Financial Position Analysis

Short Term Liabilities: JLG's short term assets (A$166.6M) exceed its short term liabilities (A$147.7M).

Long Term Liabilities: JLG's short term assets (A$166.6M) exceed its long term liabilities (A$27.2M).


Debt to Equity History and Analysis

Debt Level: JLG's debt to equity ratio (15.3%) is considered satisfactory.

Reducing Debt: JLG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: JLG's debt is well covered by operating cash flow (250.2%).

Interest Coverage: JLG's interest payments on its debt are well covered by EBIT (26x coverage).


Balance Sheet


Dividend

What is Johns Lyng Group current dividend yield, its reliability and sustainability?

0.88%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JLG's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: JLG's dividend (0.88%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).


Stability and Growth of Payments

Stable Dividend: JLG is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.

Growing Dividend: JLG is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: JLG is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JLG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Scott Didier

17.67yrs

Tenure

AU$1,111,732

Compensation

Mr. Scott Andrew Didier, A.M., has been Managing Director and Chief Executive Officer of Johns Lyng Group Ltd., since September 28, 2017 and February 2004 respectively. He serves as Executive Director of J...


CEO Compensation Analysis

Compensation vs Market: Scott's total compensation ($USD830.64K) is about average for companies of similar size in the Australian market ($USD973.30K).

Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: JLG's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: JLG's board of directors are considered experienced (3.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: JLG insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Johns Lyng Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Johns Lyng Group Limited
  • Ticker: JLG
  • Exchange: ASX
  • Founded: 1953
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: AU$1.433b
  • Shares outstanding: 225.37m
  • Website: https://www.johnslyng.com.au

Number of Employees


Location

  • Johns Lyng Group Limited
  • 1 Williamsons Road
  • Doncaster
  • Victoria
  • 3108
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 07:04
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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 here.