ASX:JAN

Stock Analysis Report

Janison Education Group

Executive Summary

Janison Education Group Limited provides assessment and learning platform solutions in Australia and internationally.

Snowflake

Fundamentals

Excellent balance sheet with reasonable growth potential.

Share Price & News

How has Janison Education Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

11.1%

JAN

-0.7%

AU Software

0.4%

AU Market


1 Year Return

-13.6%

JAN

39.0%

AU Software

9.8%

AU Market

Return vs Industry: JAN underperformed the Australian Software industry which returned 39% over the past year.

Return vs Market: JAN underperformed the Australian Market which returned 9.8% over the past year.


Shareholder returns

JANIndustryMarket
7 Day11.1%-0.7%0.4%
30 Day9.4%-0.6%-0.7%
90 Day20.7%2.4%-0.6%
1 Year-13.6%-13.6%40.2%39.0%16.1%9.8%
3 Yearn/a118.0%108.4%36.1%17.9%
5 Yearn/a170.5%148.6%49.4%15.8%

Price Volatility Vs. Market

How volatile is Janison Education Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Janison Education Group undervalued compared to its fair value and its price relative to the market?

42.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: JAN (A$0.35) is trading below our estimate of fair value (A$0.61)

Significantly Undervalued: JAN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JAN is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: JAN is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JAN is good value based on its PB Ratio (2.3x) compared to the AU Software industry average (4.6x).


Next Steps

Future Growth

How is Janison Education Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

73.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JAN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: JAN is forecast to become profitable over the next 3 year, which is considered above average market growth.

High Growth Earnings: JAN's loss is forecast to worsen by 0% next year.

Revenue vs Market: JAN's revenue (15.6% per year) is forecast to grow faster than the Australian market (3.6% per year).

High Growth Revenue: JAN's revenue (15.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: JAN's Return on Equity is forecast to be low in 3 years time (6.6%).


Next Steps

Past Performance

How has Janison Education Group performed over the past 5 years?

94.1%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JAN is unprofitable, and there is insufficient past data to establish if their past 5-year earnings growth rate was positive.

Accelerating Growth: Unable to compare JAN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JAN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22%).


Return on Equity

High ROE: JAN has a negative Return on Equity (-5.09%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: JAN is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: JAN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Janison Education Group's financial position?


Financial Position Analysis

Short Term Liabilities: JAN's short term assets (A$14.0M) exceeds its short term liabilities (A$11.1M)

Long Term Liabilities: JAN's short term assets (14.0M) exceeds its long term liabilities (2.1M)


Debt to Equity History and Analysis

Debt Level: JAN is debt free.

Reducing Debt: JAN had no debt 5 years ago.


Balance Sheet

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

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


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: JAN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if JAN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Janison Education Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate JAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate JAN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if JAN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JAN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of Janison Education Group's salary, the management and board of directors tenure and is there insider trading?

1.7yrs

Average management tenure


CEO

Tom Richardson (48yo)

4.3yrs

Tenure

AU$785,739

Compensation

Mr. Thomas Richardson, also known as Tom, is Chief Executive Officer, Managing Director since 15 December 2017 and Executive Director at Janison Education Group Ltd. Mr. Richardson has successfully led the ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Tom's total compensation is reasonable compared to companies of similar size in the Australian market.

Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

1.7yrs

Average Tenure

46yo

Average Age

Experienced Management: JAN's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Age and Tenure

3.5yrs

Average Tenure

48yo

Average Age

Experienced Board: JAN's board of directors are considered experienced (3.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$1,727,43216 Oct 19
Australian Ethical Investment Ltd
EntityCompany
Shares5,943,614
Max PriceAU$0.29
BuyAU$14,53210 Sep 19
Australian Ethical Investment Ltd
EntityCompany
Shares50,000
Max PriceAU$0.29
BuyAU$671,67019 Jul 19
Australian Ethical Investment Ltd
EntityCompany
Shares2,059,383
Max PriceAU$0.38
SellAU$50,51107 May 19
Perennial Value Management Limited
EntityCompany
Shares128,431
Max PriceAU$0.41
BuyAU$1,897,87507 May 19
Perennial Value Management Limited
EntityCompany
Shares5,469,000
Max PriceAU$0.39
BuyAU$1,218,97925 Feb 19
Perennial Value Management Limited
EntityCompany
Shares3,482,087
Max PriceAU$0.40
SellAU$45,29625 Feb 19
Perennial Value Management Limited
EntityCompany
Shares110,723
Max PriceAU$0.41
BuyAU$50,00016 Dec 18
Michael Hill
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares125,000
Max PriceAU$0.40
BuyAU$20,00016 Dec 18
David Willington
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares50,000
Max PriceAU$0.40
BuyAU$20,00016 Dec 18
Brett Chenoweth
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares50,000
Max PriceAU$0.40
BuyAU$596,82630 Nov 18
Perennial Value Management Limited
EntityCompany
Shares1,547,120
Max PriceAU$0.40
BuyAU$852,85212 Nov 18
Perennial Value Management Limited
EntityCompany
Shares2,270,430
Max PriceAU$0.39
SellAU$1,79512 Nov 18
Perennial Value Management Limited
EntityCompany
Shares4,606
Max PriceAU$0.39
BuyAU$736,72124 Oct 18
Perennial Value Management Limited
EntityCompany
Shares1,798,412
Max PriceAU$0.41

Ownership Breakdown


Management Team

  • Wayne Houlden (57yo)

    Founder & Executive Director

    • Tenure: 19.3yrs
    • Compensation: AU$441.69k
  • Tom Richardson (48yo)

    CEO, MD & Executive Director

    • Tenure: 4.3yrs
    • Compensation: AU$785.74k
  • Scott Warden (44yo)

    Head of Professional Services

    • Tenure: 0yrs
  • Lynne Clerke

    Head of Projects

    • Tenure: 0yrs
  • Ashley Thomas (43yo)

    Head of Learning

    • Tenure: 0yrs
  • Sandy Macdonald

    Head of Operations

    • Tenure: 0yrs
  • Tarhlae Gard

    Human Resource Manager

    • Tenure: 0yrs
  • Derek Welsh

    Chief Commercial Officer

    • Tenure: 1.7yrs
  • George Gorman

    Chief Technology Officer

    • Tenure: 0.2yrs
  • Stuart Halls

    Chief Financial Officer

    • Tenure: 0yrs

Board Members

  • Mike Hill (47yo)

    Non-Executive Chairman

    • Tenure: 4.9yrs
    • Compensation: AU$188.88k
  • David Willington (46yo)

    Independent Non-Executive Director

    • Tenure: 2.1yrs
    • Compensation: AU$168.88k
  • Brett Chenoweth (50yo)

    Independent Non-Executive Director

    • Tenure: 5.3yrs
    • Compensation: AU$169.12k
  • Wayne Houlden (57yo)

    Founder & Executive Director

    • Tenure: 19.3yrs
    • Compensation: AU$441.69k
  • Tom Richardson (48yo)

    CEO, MD & Executive Director

    • Tenure: 4.3yrs
    • Compensation: AU$785.74k
  • Allison Doorbar

    Independent Non-Executive Director

    • Tenure: 1.3yrs
    • Compensation: AU$255.64k

Company Information

Janison Education Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Janison Education Group Limited
  • Ticker: JAN
  • Exchange: ASX
  • Founded: 1998
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$63.527m
  • Shares outstanding: 181.51m
  • Website: https://www.janison.com

Number of Employees


Location

  • Janison Education Group Limited
  • 126 Phillip Street
  • Level 5
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JANCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2017
JANASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2017

Biography

Janison Education Group Limited provides assessment and learning platform solutions in Australia and internationally. The company operates in two segments, Assessment and Learning. The Assessment segment i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 10:44
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.