ASX:JMS

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet average dividend payer.


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 is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.

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


Market Performance


7 Day Return

-3.4%

JMS

0.9%

AU Metals and Mining

-1.1%

AU Market


1 Year Return

12.0%

JMS

18.9%

AU Metals and Mining

1.7%

AU Market

Return vs Industry: JMS underperformed the Australian Metals and Mining industry which returned 18.9% over the past year.

Return vs Market: JMS exceeded the Australian Market which returned 1.7% over the past year.


Shareholder returns

JMSIndustryMarket
7 Day-3.4%0.9%-1.1%
30 Day3.7%10.6%10.8%
90 Day3.7%3.5%8.1%
1 Year19.2%12.0%25.3%18.9%5.2%1.7%
3 Yearn/a64.2%41.5%24.1%8.7%
5 Yearn/a213.6%154.2%58.8%26.5%

Long-Term 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?

9.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JMS (A$0.28) is trading above our estimate of fair value (A$0.19)

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


Price To Earnings Ratio

PE vs Industry: JMS is good value based on its PE Ratio (9.8x) compared to the AU Metals and Mining industry average (11.3x).

PE vs Market: JMS is good value based on its PE Ratio (9.8x) compared to the Australian market (22.5x).


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 (1.2x) compared to the AU Metals and Mining industry average (2.5x).


Next Steps

Future Growth

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

-120.0%

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 (2.3%).

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 (-120% per year).

High Growth Revenue: JMS's revenue is forecast to decline over the next 3 years (-120% 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 (18.8%).


Next Steps

Past Performance

How has Jupiter Mines performed over the past 5 years?

32.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JMS has high quality 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 32.8% 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 (-43.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (38%).


Return on Equity

High ROE: JMS's Return on Equity (12.6%) is considered low.


Next Steps

Financial Health

How is Jupiter Mines's financial position?


Financial Position Analysis

Short Term Liabilities: JMS's short term assets (A$58.9M) exceed its short term liabilities (A$30.1M).

Long Term Liabilities: JMS's short term assets (A$58.9M) do not cover its long term liabilities (A$62.4M).


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


Next Steps

Dividend

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

16.96%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JMS's dividend (16.96%) is higher than the bottom 25% of dividend payers in the Australian market (2.05%).

High Dividend: JMS's dividend (16.96%) is in the top 25% of dividend payers in the Australian market (5.06%)


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 2 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (61.5%), 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 (88.1% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Materials industry.

Management

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

7.4yrs

Average management tenure


CEO

Priyank Thapliyal (49 yo)

7.42yrs

Tenure

AU$1,733,291

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 ($USD1.28M) is above average for companies of similar size in the Australian market ($USD700.30K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Priyank Thapliyal
CEO & Executive Director7.42yrsAU$1.73m2.93%
A$ 15.8m
Melissa North
CFO & Company Secretary8.08yrsAU$398.73kno data
Gregory Durack
Chief Executive Officer of Central Yilgarn Iron Ore Project IPO0.25yrno datano data

7.4yrs

Average Tenure

Experienced Management: JMS's management team is seasoned and experienced (7.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Priyank Thapliyal
CEO & Executive Director7.42yrsAU$1.73m2.93%
A$ 15.8m
Brian Gilbertson
Independent Non-Executive Chairman10.5yrsAU$132.50k1.1%
A$ 5.9m
Hans Mende
Non-Executive Director1.17yrsAU$21.64kno data
Brian Beem
Alternate Director1.17yrsno datano data
Andrew McMillan Bell
Independent Non-Executive Director12.5yrsAU$60.00kno data
Paul Murray
Independent Non-Executive Director17.33yrsAU$66.00k0.061%
A$ 327.3k
Yeongjin Heo
Non-Executive Director1.83yrsAU$57.50kno data

10.5yrs

Average Tenure

65yo

Average Age

Experienced Board: JMS's board of directors are seasoned and experienced ( 10.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: JMS 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 company bio, 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
  • Market Cap: AU$538.723m
  • 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. It primarily explores for iron ore and manganese deposits. The company’s flagship project is the Tshipi Mangan...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 07:02
End of Day Share Price2020/12/03 00:00
Earnings2020/08/31
Annual Earnings2020/02/29


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.