ASX:JIN

Stock Analysis Report

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Executive Summary

Jumbo Interactive Limited retails lottery tickets through internet and mobile devices in Australia, the United Kingdom, Fiji, and internationally. More Details


Snowflake Analysis

Flawless balance sheet average dividend payer.

Share Price & News

How has Jumbo Interactive's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JIN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.5%

JIN

-0.08%

AU Hospitality

0.01%

AU Market


1 Year Return

-53.5%

JIN

-14.5%

AU Hospitality

-5.7%

AU Market

Return vs Industry: JIN underperformed the Australian Hospitality industry which returned -14.6% over the past year.

Return vs Market: JIN underperformed the Australian Market which returned -5.6% over the past year.


Shareholder returns

JINIndustryMarket
7 Day1.5%-0.08%0.01%
30 Day-17.3%4.4%5.4%
90 Day9.2%16.2%4.0%
1 Year-52.1%-53.5%-11.5%-14.5%-2.4%-5.7%
3 Year388.6%337.5%-14.2%-21.5%18.0%3.0%
5 Year1,362.4%1,046.3%10.6%11.0%42.1%13.2%

Price Volatility Vs. Market

How volatile is Jumbo Interactive's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jumbo Interactive undervalued compared to its fair value and its price relative to the market?

29.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JIN (A$12.38) is trading above our estimate of fair value (A$7.61)

Significantly Below Fair Value: JIN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: JIN is good value based on its PE Ratio (29.8x) compared to the AU Hospitality industry average (39.8x).

PE vs Market: JIN is poor value based on its PE Ratio (29.8x) compared to the Australian market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: JIN is poor value based on its PEG Ratio (5x)


Price to Book Ratio

PB vs Industry: JIN is overvalued based on its PB Ratio (9.8x) compared to the AU Hospitality industry average (1.8x).


Next Steps

Future Growth

How is Jumbo Interactive forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

6.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JIN's forecast earnings growth (6% per year) is above the savings rate (2.3%).

Earnings vs Market: JIN's earnings (6% per year) are forecast to grow slower than the Australian market (17.5% per year).

High Growth Earnings: JIN's earnings are forecast to grow, but not significantly.

Revenue vs Market: JIN's revenue (10.3% per year) is forecast to grow faster than the Australian market (4.6% per year).

High Growth Revenue: JIN's revenue (10.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JIN's Return on Equity is forecast to be very high in 3 years time (40.7%).


Next Steps

Past Performance

How has Jumbo Interactive performed over the past 5 years?

43.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JIN has high quality earnings.

Growing Profit Margin: JIN's current net profit margins (36.4%) are lower than last year (40.5%).


Past Earnings Growth Analysis

Earnings Trend: JIN's earnings have grown significantly by 43.3% per year over the past 5 years.

Accelerating Growth: JIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JIN had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the Hospitality industry average (-2.1%).


Return on Equity

High ROE: JIN's Return on Equity (32.8%) is considered high.


Next Steps

Financial Health

How is Jumbo Interactive's financial position?


Financial Position Analysis

Short Term Liabilities: JIN's short term assets (A$76.0M) exceed its short term liabilities (A$23.6M).

Long Term Liabilities: JIN's short term assets (A$76.0M) exceed its long term liabilities (A$7.0M).


Debt to Equity History and Analysis

Debt Level: JIN is debt free.

Reducing Debt: JIN has not had any debt for past 5 years.

Debt Coverage: JIN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: JIN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Jumbo Interactive current dividend yield, its reliability and sustainability?

2.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JIN's dividend (2.87%) is higher than the bottom 25% of dividend payers in the Australian market (2.13%).

High Dividend: JIN's dividend (2.87%) is low compared to the top 25% of dividend payers in the Australian market (5.51%).


Stability and Growth of Payments

Stable Dividend: JIN's dividend payments have been volatile in the past 10 years.

Growing Dividend: JIN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (85.5%), JIN's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JIN's dividends in 3 years are forecast to be covered by earnings (82.5% payout ratio).


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Mike Veverka (54 yo)

21.08yrs

Tenure

AU$1,301,963

Compensation

Mr. Mike Veverka, BEng (Hons), serves as Founder, Managing Director, Chief Executive Officer since September 8, 1999 and Executive Director since September 8, 1999 at Jumbo Interactive Limited. He is the F ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD922.59K) is about average for companies of similar size in the Australian market ($USD711.53K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Mike Veverka
Founder21.08yrsAU$1.30m1.07%
A$ 8.3m
David Todd
Chief Financial Officerno dataAU$524.78k0.080%
A$ 619.0k
Bradley Board
Chief Operating Officer4.5yrsAU$517.97k0.016%
A$ 123.8k
Xavier Bergade
Chief Technology Officerno dataAU$578.13k0.24%
A$ 1.9m
William Lyne
Company Secretary & Independent Non Executive Director11yrsAU$155.37k0.0032%
A$ 24.7k
Nikki Searby
Legal Counsel & Investor Relations0.75yrno datano data
Abby Perry
Head of Human Resourcesno datano datano data
Brian Roberts
President of North Americano datano data0.30%
A$ 2.3m
Brenda Melville
Head of OzLotteriesno datano datano data
Greg Sueur
Head of Productno datano datano data
Levi Putna
Head of Client Successno datano datano data
Chris Perry
Head of Engineering1.75yrsno datano data

4.5yrs

Average Tenure

Experienced Management: JIN's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mike Veverka
Founder21.08yrsAU$1.30m1.07%
A$ 8.3m
William Lyne
Company Secretary & Independent Non Executive Director11yrsAU$155.37k0.0032%
A$ 24.7k
David Barwick
Independent Non-Executive Director14.17yrsAU$208.00k0.0048%
A$ 37.1k
Susan Forrester
Non-Executive Chair0.083yrno data0.016%
A$ 123.8k
Giovanni Rizzo
Independent Non-Executive Director1.75yrsAU$124.96k0.0032%
A$ 24.7k
Sharon Christensen
Independent Non-Executive Director1.08yrsAU$90.00k0.0033%
A$ 25.4k

6.4yrs

Average Tenure

63.5yo

Average Age

Experienced Board: JIN's board of directors are considered experienced (6.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: JIN insiders have bought more shares than they have sold 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

Jumbo Interactive Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jumbo Interactive Limited
  • Ticker: JIN
  • Exchange: ASX
  • Founded: 1986
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: AU$773.116m
  • Shares outstanding: 62.45m
  • Website: https://www.jumbointeractive.com

Number of Employees


Location

  • Jumbo Interactive Limited
  • 601 Coronation Drive
  • Level 1
  • Toowong
  • Queensland
  • 4066
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JINASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
JUBDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
JINCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992

Biography

Jumbo Interactive Limited retails lottery tickets through internet and mobile devices in Australia, the United Kingdom, Fiji, and internationally. It operates through Internet Lotteries Australia, Other, a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 10:34
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.