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JMS

Jupiter MinesASX:JMS Stock Report

Last Price

AU$0.23

Market Cap

AU$450.6m

7D

4.5%

1Y

-27.0%

Updated

17 Jan, 2022

Data

Company Financials +
JMS fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

JMS Stock Overview

Jupiter Mines Limited engages in the development and operation of mineral resource properties.

Jupiter Mines Competitors

Western Areas

ASX:WSA

AU$1.1b

Paladin Energy

ASX:PDN

AU$2.3b

Energy Resources of Australia

ASX:ERA

AU$1.4b

St Barbara

ASX:SBM

AU$982.7m

Price History & Performance

Summary of all time highs, changes and price drops for Jupiter Mines
Historical stock prices
Current Share PriceAU$0.23
52 Week HighAU$0.38
52 Week LowAU$0.18
Beta0.86
1 Month Change12.20%
3 Month Change0%
1 Year Change-26.98%
3 Year Change-6.12%
5 Year Changen/a
Change since IPO-42.50%

Recent News & Updates

Shareholder Returns

JMSAU Metals and MiningAU Market
7D4.5%5.5%-0.5%
1Y-27.0%9.0%10.4%

Return vs Industry: JMS underperformed the Australian Metals and Mining industry which returned 9% over the past year.

Return vs Market: JMS underperformed the Australian Market which returned 10.4% over the past year.

Price Volatility

Is JMS's price volatile compared to industry and market?
JMS volatility
JMS Average Weekly Movement7.5%
Metals and Mining Industry Average Movement10.7%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.2%
10% least volatile stocks in AU Market3.6%

Stable Share Price: JMS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: JMS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aScott Winterhttps://www.jupitermines.com

Jupiter Mines Limited engages in the development and operation of mineral resource properties. It primarily explores for manganese deposits. The company’s flagship project is the Tshipi Manganese mine located in South Africa.

Jupiter Mines Fundamentals Summary

How do Jupiter Mines's earnings and revenue compare to its market cap?
JMS fundamental statistics
Market CapAU$450.57m
Earnings (TTM)AU$65.57m
Revenue (TTM)AU$8.65m

6.9x

P/E Ratio

52.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JMS income statement (TTM)
RevenueAU$8.65m
Cost of RevenueAU$0
Gross ProfitAU$8.65m
Expenses-AU$56.92m
EarningsAU$65.57m

Last Reported Earnings

Aug 31, 2021

Next Earnings Date

Apr 29, 2022

Earnings per share (EPS)0.033
Gross Margin100.00%
Net Profit Margin758.18%
Debt/Equity Ratio0.0%

How did JMS perform over the long term?

See historical performance and comparison

Dividends

10.9%

Current Dividend Yield

75%

Payout Ratio

Valuation

Is Jupiter Mines undervalued compared to its fair value and its price relative to the market?

37.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JMS (A$0.23) is trading below our estimate of fair value (A$0.37)

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


Price To Earnings Ratio

PE vs Industry: JMS is good value based on its PE Ratio (6.9x) compared to the Australian Metals and Mining industry average (16.8x).

PE vs Market: JMS is good value based on its PE Ratio (6.9x) compared to the Australian market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JMS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JMS is good value based on its PB Ratio (1.1x) compared to the AU Metals and Mining industry average (2.8x).


Future Growth

How is Jupiter Mines forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-89.6%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if JMS's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if JMS's earnings are forecast to grow faster than the Australian market

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

Revenue vs Market: JMS's revenue is expected to decline over the next 3 years (-89.6% per year).

High Growth Revenue: JMS's revenue is forecast to decline over the next 3 years (-89.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JMS's Return on Equity is forecast to be low in 3 years time (17.2%).


Past Performance

How has Jupiter Mines performed over the past 5 years?

-4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JMS has a large one-off gain of A$12.6M impacting its August 31 2021 financial results.

Growing Profit Margin: JMS's current net profit margins are higher than last year .


Past Earnings Growth Analysis

Earnings Trend: JMS has become profitable over the past 5 years, growing earnings by -4% per year.

Accelerating Growth: JMS's earnings growth over the past year (17.6%) exceeds its 5-year average (-4% per year).

Earnings vs Industry: JMS earnings growth over the past year (17.6%) underperformed the Metals and Mining industry 35.3%.


Return on Equity

High ROE: JMS's Return on Equity (15.6%) is considered low.


Financial Health

How is Jupiter Mines's financial position?


Financial Position Analysis

Short Term Liabilities: JMS's short term assets (A$76.9M) exceed its short term liabilities (A$49.5M).

Long Term Liabilities: JMS's short term assets (A$76.9M) exceed its long term liabilities (A$54.9M).


Debt to Equity History and Analysis

Debt Level: JMS is debt free.

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

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

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


Balance Sheet


Dividend

What is Jupiter Mines's current dividend yield, its reliability and sustainability?

10.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JMS's dividend (10.87%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).

High Dividend: JMS's dividend (10.87%) is in the top 25% of dividend payers in the Australian market (5.39%)


Stability and Growth of Payments

Stable Dividend: JMS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: JMS has only been paying a dividend for 3 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (74.6%), JMS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JMS's dividends in 3 years are forecast to be covered by earnings (89.9% payout ratio).


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Scott Winter

0.17

Tenure

Mr. William Winter also known as Scott, B.Eng (Honours, Mining)l GradDip. Applied Finance and Investment (Securities Institute Australia); MBA (Melbourne Business School), serves as Independent Non-Executi...


Leadership Team

Experienced Management: JMS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: JMS's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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

Jupiter Mines Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Jupiter Mines Limited
  • Ticker: JMS
  • Exchange: ASX
  • Founded: 2003
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: AU$450.568m
  • Shares outstanding: 1.96b
  • Website: https://www.jupitermines.com

Location

  • Jupiter Mines Limited
  • 16 St Georges Terrace
  • Level 10
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:26
End of Day Share Price2022/01/17 00:00
Earnings2021/08/31
Annual Earnings2021/02/28


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.