ASX:JMS

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

How has Jupiter Mines's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.6%

JMS

3.3%

AU Metals and Mining

1.5%

AU Market


1 Year Return

29.2%

JMS

26.8%

AU Metals and Mining

20.1%

AU Market

Return vs Industry: JMS exceeded the Australian Metals and Mining industry which returned 23.5% over the past year.

Return vs Market: JMS exceeded the Australian Market which returned 19.4% over the past year.


Shareholder returns

JMSIndustryMarket
7 Day-1.6%3.3%1.5%
30 Day8.8%5.8%3.9%
90 Day-7.5%14.4%5.5%
1 Year59.9%29.2%33.1%26.8%25.6%20.1%
3 Yearn/a61.9%42.0%39.7%20.9%
5 Yearn/a116.7%66.8%60.8%24.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JMS (A$0.32) is trading below our estimate of fair value (A$0.68)

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 (6.2x) compared to the Metals and Mining industry average (13.2x).

PE vs Market: JMS is good value based on its PE Ratio (6.2x) compared to the Australian market (18.9x).


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 (1.3x) compared to the AU Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Jupiter Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.8%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jupiter Mines has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Jupiter Mines performed over the past 5 years?

50.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JMS has a high level of non-cash earnings.

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


Past Earnings Growth Analysis

Earnings Trend: JMS has become profitable over the past 5 years, growing earnings by 50.5% per year.

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

Earnings vs Industry: JMS had negative earnings growth (-41%) over the past year, making it difficult to compare to the Metals and Mining industry average (7.8%).


Return on Equity

High ROE: JMS's Return on Equity (20.7%) is considered high.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Jupiter Mines's financial position?


Financial Position Analysis

Short Term Liabilities: JMS's short term assets (A$126.7M) exceed its short term liabilities (A$45.2M).

Long Term Liabilities: JMS's short term assets (A$126.7M) exceed its long term liabilities (A$57.2M).


Debt to Equity History and Analysis

Debt Level: JMS is debt free.

Reducing Debt: JMS had no debt 5 years ago.

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

Inventory Level: JMS has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if JMS's debt is covered by short term assets.


Next Steps

Dividend

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

20.97%

Current Dividend Yield


Dividend Yield vs Market

company21.0%marketbottom25%2.4%markettop25%5.5%industryaverage4.2%forecastin3Years16.9%

Current dividend yield vs market & industry

Notable Dividend: JMS's dividend (20.63%) is higher than the bottom 25% of dividend payers in the Australian market (2.34%).

High Dividend: JMS's dividend (20.63%) is in the top 25% of dividend payers in the Australian market (5.47%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether JMS's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if JMS's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (128.8%), JMS's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Jupiter Mines's salary, the management and board of directors tenure and is there insider trading?

9.6yrs

Average board tenure


CEO

Priyank Thapliyal (48yo)

6.5yrs

Tenure

AU$6,392,739

Compensation

Mr. Priyank Thapliyal, Metallurgical Engineer, Metallurgical Engineer, B Tech, M Eng, MBA, has been the Chief Executive Officer of Jupiter Mines Limited since July 16, 2013. He served as the Chief Operati ...


CEO Compensation Analysis

Compensation vs Market: Priyank's total compensation ($USD4.41M) is above average for companies of similar size in the Australian market ($USD724.04K).

Compensation vs Earnings: Priyank's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Age and Tenure

9.6yrs

Average Tenure

64yo

Average Age

Experienced Board: JMS's board of directors are considered experienced (9.6 years average tenure).


Insider Trading

Insider Buying: JMS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$61,00020 Jan 20
Brian Gilbertson
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares200,000
Max PriceAU$0.30
BuyAU$6,814,32631 May 19
Priyank Thapliyal
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares23,497,667
Max PriceAU$0.29
SellAU$9,318,80021 Feb 19
Regal Funds Management Pty Limited
EntityCompany
Shares29,677,564
Max PriceAU$0.31

Ownership Breakdown

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


Management Team

  • Priyank Thapliyal (48yo)

    CEO & Executive Director

    • Tenure: 6.5yrs
    • Compensation: AU$6.39m
  • Melissa North

    CFO & Company Secretary

    • Tenure: 7.2yrs
    • Compensation: AU$536.49k

Board Members

  • Brian Gilbertson (75yo)

    Non-Executive Chairman

    • Tenure: 9.6yrs
    • Compensation: AU$132.50k
  • Hans Mende (75yo)

    Non-Executive Director

    • Tenure: 0.3yrs
  • Brian Beem (61yo)

    Alternate Director

    • Tenure: 0.3yrs
  • Andrew McMillan Bell (64yo)

    Independent Non-Executive Director

    • Tenure: 11.6yrs
    • Compensation: AU$60.00k
  • Priyank Thapliyal (48yo)

    CEO & Executive Director

    • Tenure: 6.5yrs
    • Compensation: AU$6.39m
  • Paul Murray

    Independent Non-Executive Director

    • Tenure: 16.4yrs
    • Compensation: AU$66.00k
  • Yeongjin Heo

    Non-Executive Director

    • Tenure: 0.9yrs
    • Compensation: AU$4.11k

Company Information

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


Key Information

  • Name: Jupiter Mines Limited
  • Ticker: JMS
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$607.287m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JMSCHIA (Chi-X Australia)YesNew Common SharesAUAUDApr 2018
JMSASX (Australian Securities Exchange)YesNew Common SharesAUAUDApr 2018
JMXX.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDApr 2018
LGUDB (Deutsche Boerse AG)YesNew Common SharesDEEURApr 2018

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/22 10:50
End of Day Share Price2020/01/22 00:00
Earnings2019/08/31
Annual Earnings2019/02/28


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.