Executive Summary
JEMTEC Inc. provides integrated technology systems for community-based corrections in Canada.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Share Price & News
How has JEMTEC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JTC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.7%
JTC
5.0%
CA Electronic
2.0%
CA Market
1 Year Return
-49.0%
JTC
-7.9%
CA Electronic
-11.4%
CA Market
Return vs Industry: JTC underperformed the Canadian Electronic industry which returned -8.4% over the past year.
Return vs Market: JTC underperformed the Canadian Market which returned -11.7% over the past year.
Shareholder returns
| JTC | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.7% | 5.0% | 2.0% |
| 30 Day | -5.8% | 15.5% | 4.1% |
| 90 Day | -12.8% | 3.6% | -8.8% |
| 1 Year | -42.1%-49.0% | -7.9%-7.9% | -8.3%-11.4% |
| 3 Year | 123.6%97.0% | -46.3%-46.3% | -0.2%-9.5% |
| 5 Year | 376.0%319.4% | -29.7%-29.7% | 15.9%-0.7% |
Price Volatility Vs. Market
How volatile is JEMTEC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What Percentage Of JEMTEC Inc. (CVE:JTC) Shares Do Insiders Own?1 month ago | Simply Wall St
Investors Who Bought JEMTEC (CVE:JTC) Shares Five Years Ago Are Now Up 234%2 months ago | Simply Wall St
Is JEMTEC Inc. (CVE:JTC) Excessively Paying Its CEO?Valuation
Is JEMTEC 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: JTC (CA$1.3) is trading below our estimate of fair value (CA$25.36)
Significantly Below Fair Value: JTC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JTC is good value based on its PE Ratio (9.6x) compared to the Electronic industry average (18.9x).
PE vs Market: JTC is good value based on its PE Ratio (9.6x) compared to the Canadian market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JTC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JTC is good value based on its PB Ratio (2.1x) compared to the CA Electronic industry average (2.1x).
Next Steps
Future Growth
How is JEMTEC forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
100.4%
Forecasted Tech 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 JEMTEC 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
- Examine whether JEMTEC is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- JEMTEC competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has JEMTEC performed over the past 5 years?
74.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JTC has high quality earnings.
Growing Profit Margin: JTC's current net profit margins (15.7%) are lower than last year (23.2%).
Past Earnings Growth Analysis
Earnings Trend: JTC has become profitable over the past 5 years, growing earnings by 74.4% per year.
Accelerating Growth: JTC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JTC had negative earnings growth (-32.1%) over the past year, making it difficult to compare to the Electronic industry average (-9.5%).
Return on Equity
High ROE: JTC's Return on Equity (21.4%) is considered high.
Next Steps
Financial Health
How is JEMTEC's financial position?
Financial Position Analysis
Short Term Liabilities: JTC's short term assets (CA$2.7M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: JTC's short term assets (CA$2.7M) exceed its long term liabilities (CA$12.3K).
Debt to Equity History and Analysis
Debt Level: JTC is debt free.
Reducing Debt: JTC has not had any debt for past 5 years.
Debt Coverage: JTC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JTC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is JEMTEC's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JTC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JTC'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 JTC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JTC'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 JTC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
27.8yrs
Average board tenure
CEO
Eric Caton
no data
Tenure
CA$351,512
Compensation
Mr. Eric Caton serves as the Chief Executive Officer and President of Jemtec Inc. and has been its Executive Director since February 1991. Mr. Caton joined JEMTEC in 1987 as Vice President of Sales and als ...
CEO Compensation Analysis
Compensation vs Market: Eric's total compensation ($USD254.62K) is above average for companies of similar size in the Canadian market ($USD162.98K).
Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | no data | CA$351.51k | 21.68% CA$765.6k | |
| Corporate Secretary & Independent Director | 26.33yrs | CA$21.00k | 1.68% CA$59.4k | |
| Independent Chairman of the Board | 34.42yrs | CA$18.50k | 4.67% CA$164.9k | |
| Independent Director | 26.33yrs | CA$18.00k | no data |
27.8yrs
Average Tenure
Experienced Board: JTC's board of directors are seasoned and experienced ( 27.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JTC 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
JEMTEC Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: JEMTEC Inc.
- Ticker: JTC
- Exchange: TSXV
- Founded: 1981
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: CA$3.532m
- Shares outstanding: 2.72m
- Website: https://www.jemtec.ca
Location
- JEMTEC Inc.
- 38 Fell Avenue
- Suite 200
- North Vancouver
- British Columbia
- V7P 3S2
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JTC | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Jun 1991 |
Biography
JEMTEC Inc. provides integrated technology systems for community-based corrections in Canada. The company offers services and technologies for offender monitoring in Canadian federal and provincial correctional departments. It offers various levels of technology that allows corrections, courts, and police to select from various options ensuring the correct level of offender control. The company’s offender location detection/verification technologies include offender reporting through telephone contact, offender reporting kiosks with integrated database, global positioning system active and passive tracking, voice verification, electronic monitoring house arrest systems, remote alcohol in-home monitoring, and private monitoring services. JEMTEC Inc. was incorporated in 1981 and is headquartered in North Vancouver, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/31 04:03 |
| End of Day Share Price | 2020/05/25 00:00 |
| Earnings | 2020/01/31 |
| Annual Earnings | 2019/07/31 |
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.