ASX:JCS

Stock Analysis Report

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Executive Summary

JCurve Solutions Limited, a cloud technology company, provides enterprise resource planning (ERP) and telecommunications expense management solutions in Australia, New Zealand, Singapore, and the Philippines.


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has JCurve Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JCS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

JCS

1.0%

AU Software

3.8%

AU Market


1 Year Return

-3.0%

JCS

7.7%

AU Software

-8.5%

AU Market

Return vs Industry: JCS underperformed the Australian Software industry which returned 6.1% over the past year.

Return vs Market: JCS matched the Australian Market which returned -10.6% over the past year.


Shareholder returns

JCSIndustryMarket
7 Day0%1.0%3.8%
30 Day6.7%10.4%12.0%
90 Day0%8.6%-8.6%
1 Year-3.0%-3.0%8.6%7.7%-4.7%-8.5%
3 Year190.9%190.9%110.7%101.9%13.4%-1.6%
5 Year146.2%146.2%128.3%112.9%30.8%2.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is JCurve Solutions undervalued compared to its fair value and its price relative to the market?

38.46x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JCS (A$0.03) is trading above our estimate of fair value (A$0.01)

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


Price To Earnings Ratio

PE vs Industry: JCS is poor value based on its PE Ratio (38.5x) compared to the Software industry average (32.7x).

PE vs Market: JCS is poor value based on its PE Ratio (38.5x) compared to the Australian market (15.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JCS is good value based on its PB Ratio (2.1x) compared to the AU Software industry average (3.4x).


Next Steps

Future Growth

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

37.8%

Forecasted Software 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 JCurve Solutions 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 JCurve Solutions performed over the past 5 years?

75.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JCS has high quality earnings.

Growing Profit Margin: JCS's current net profit margins (2.1%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: JCS has become profitable over the past 5 years, growing earnings by 75% per year.

Accelerating Growth: JCS's earnings growth over the past year (11.5%) is below its 5-year average (75% per year).

Earnings vs Industry: JCS earnings growth over the past year (11.5%) underperformed the Software industry 18.6%.


Return on Equity

High ROE: JCS's Return on Equity (5.5%) is considered low.


Next Steps

Financial Health

How is JCurve Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: JCS's short term assets (A$7.7M) exceed its short term liabilities (A$6.4M).

Long Term Liabilities: JCS's short term assets (A$7.7M) exceed its long term liabilities (A$3.3M).


Debt to Equity History and Analysis

Debt Level: JCS is debt free.

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

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

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


Balance Sheet


Next Steps

Dividend

What is JCurve Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: JCS is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

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


Next Steps

Management

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

4.2yrs

Average management tenure


CEO

Stephen Canning

5.42yrs

Tenure

AU$419,412

Compensation

Mr. Stephen Canning has been the Chief Executive Officer of JCurve Solutions Limited since January 12, 2015. Mr. Canning has extensive employment and experience in Information Technology and Business Softw ...


CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD278.46K) is about average for companies of similar size in the Australian market ($USD252.51K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Canning
Chief Executive Officer5.42yrsAU$419.41k0.99% A$103.5k
James Aulsebrook
Chief Financial Officer4.17yrsAU$217.39kno data
Katrina Doring
Chief Operating Officer3.92yrsAU$218.39k0.60% A$63.2k
Kate Massey
Chief Marketing Officer & Director of Sales1.33yrsAU$234.97k0.20% A$21.3k
David Franks
Company Secretary & Independent Non Executive Director5.75yrsAU$65.70k1.28% A$134.6k
Peter Choo
Product Strategy Directorno dataAU$213.19k0.14% A$14.6k

4.2yrs

Average Tenure

Experienced Management: JCS's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Franks
Company Secretary & Independent Non Executive Director5.75yrsAU$65.70k1.28% A$134.6k
Graham Baillie
Non-Executive Director0.83yrno data25.35% A$2.7m
Mark Jobling
Non-Executive Director5.17yrsAU$60.00k15.62% A$1.6m
Bruce Hatchman
Non-Executive Chairman5.58yrsAU$97.65k1.07% A$112.0k

5.4yrs

Average Tenure

Experienced Board: JCS's board of directors are considered experienced (5.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: JCS 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

JCurve Solutions Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JCurve Solutions Limited
  • Ticker: JCS
  • Exchange: ASX
  • Founded: 1997
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$10.491m
  • Shares outstanding: 327.86m
  • Website: https://www.jcurvesolutions.com

Number of Employees


Location

  • JCurve Solutions Limited
  • 9 Help Street
  • Level 8
  • Sydney
  • New South Wales
  • 2067
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JCSASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2000
JCSCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2000

Biography

JCurve Solutions Limited, a cloud technology company, provides enterprise resource planning (ERP) and telecommunications expense management solutions in Australia, New Zealand, Singapore, and the Philippines. The company offers JCurveERP, an ERP business software; cloud-based business management solutions software, including NetSuite and MYOB Advanced; and Riyo, a job management software for scheduling, booking, dispatch, and payment processes. It also provides telecommunication expense management software, such as JTel and Full Circle. In addition, the company offers implementation, training, support, accounting, audit, and consulting services. It primarily serves food and beverage, furniture and homewares, manufacturing, retail, and service industries, as well as construction and building suppliers, and packaging suppliers. The company was formerly known as Stratatel Limited and changed its name to JCurve Solutions Limited in December 2013. JCurve Solutions Limited was founded in 1997 and is headquartered in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 10:32
End of Day Share Price2020/06/01 00:00
Earnings2019/12/31
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.