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JEMTEC

TSXV:JTC
Snowflake Description

Flawless balance sheet with outstanding track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JTC
TSXV
CA$7M
Market Cap
  1. Home
  2. CA
  3. Tech
Company description

JEMTEC Inc. provides integrated technology systems for community-based corrections in Canada. The last earnings update was 83 days ago. More info.


Add to Portfolio Compare Print
  • JEMTEC has significant price volatility in the past 3 months.
JTC Share Price and Events
7 Day Returns
4%
TSXV:JTC
1%
CA Electronic
0%
CA Market
1 Year Returns
225%
TSXV:JTC
-25.8%
CA Electronic
-3.1%
CA Market
JTC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
JEMTEC (JTC) 4% 8.3% 100% 225% 752.5% 333.3%
CA Electronic 1% -2.9% -12.1% -25.8% -13.7% -16.3%
CA Market 0% -1.3% -1% -3.1% 11.3% 0.9%
1 Year Return vs Industry and Market
  • JTC outperformed the Electronic industry which returned -25.8% over the past year.
  • JTC outperformed the Market in Canada which returned -3.1% over the past year.
Price Volatility
JTC
Industry
5yr Volatility vs Market

JTC Value

 Is JEMTEC undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of JEMTEC to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for JEMTEC.

TSXV:JTC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSXV:JTC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.094 (1 + (1- 26.5%) (0%))
1.063
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.063 * 5.96%)
8.28%

Discounted Cash Flow Calculation for TSXV:JTC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for JEMTEC is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSXV:JTC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 8.28%)
2019 0.80 Est @ 97.44% 0.74
2020 1.35 Est @ 68.79% 1.16
2021 2.02 Est @ 48.74% 1.59
2022 2.71 Est @ 34.7% 1.97
2023 3.39 Est @ 24.87% 2.28
2024 4.00 Est @ 18% 2.48
2025 4.53 Est @ 13.18% 2.59
2026 4.97 Est @ 9.81% 2.63
2027 5.34 Est @ 7.45% 2.61
2028 5.65 Est @ 5.8% 2.55
Present value of next 10 years cash flows CA$20.60
TSXV:JTC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CA$5.65 × (1 + 1.95%) ÷ (8.28% – 1.95%)
CA$90.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$90.95 ÷ (1 + 8.28%)10
CA$41.05
TSXV:JTC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$20.60 + CA$41.05
CA$61.65
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$61.65 / 2.72
CA$22.69
TSXV:JTC Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$22.69
Current discount Discount to share price of CA$2.60
= -1 x (CA$2.60 - CA$22.69) / CA$22.69
88.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price JEMTEC is available for.
Intrinsic value
>50%
Share price is CA$2.6 vs Future cash flow value of CA$22.69
Current Discount Checks
For JEMTEC to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • JEMTEC's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • JEMTEC's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for JEMTEC's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are JEMTEC's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:JTC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-01-31) in CAD CA$0.22
TSXV:JTC Share Price ** TSXV (2019-06-17) in CAD CA$2.6
Canada Electronic Industry PE Ratio Median Figure of 7 Publicly-Listed Electronic Companies 17.11x
Canada Market PE Ratio Median Figure of 545 Publicly-Listed Companies 15.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of JEMTEC.

TSXV:JTC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:JTC Share Price ÷ EPS (both in CAD)

= 2.6 ÷ 0.22

12.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • JEMTEC is good value based on earnings compared to the CA Electronic industry average.
  • JEMTEC is good value based on earnings compared to the Canada market.
Price based on expected Growth
Does JEMTEC's expected growth come at a high price?
Raw Data
TSXV:JTC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-7.3%per year
North America Electronic Industry PEG Ratio Median Figure of 62 Publicly-Listed Electronic Companies 1.22x
Canada Market PEG Ratio Median Figure of 247 Publicly-Listed Companies 1.15x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for JEMTEC, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on JEMTEC's assets?
Raw Data
TSXV:JTC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-01-31) in CAD CA$0.71
TSXV:JTC Share Price * TSXV (2019-06-17) in CAD CA$2.6
Canada Electronic Industry PB Ratio Median Figure of 21 Publicly-Listed Electronic Companies 2.69x
Canada Market PB Ratio Median Figure of 2,414 Publicly-Listed Companies 1.41x
TSXV:JTC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:JTC Share Price ÷ Book Value per Share (both in CAD)

= 2.6 ÷ 0.71

3.64x

* Primary Listing of JEMTEC.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • JEMTEC is overvalued based on assets compared to the CA Electronic industry average.
X
Value checks
We assess JEMTEC's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. JEMTEC has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

JTC Future Performance

 How is JEMTEC expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover JEMTEC, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-7.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is JEMTEC expected to grow at an attractive rate?
  • JEMTEC's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.9%.
Growth vs Market Checks
  • JEMTEC's earnings are expected to decrease over the next 1-3 years, this is below the Canada market average.
  • Unable to compare JEMTEC's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:JTC Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:JTC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -7.3%
Canada Electronic Industry Earnings Growth Rate Market Cap Weighted Average 6.4%
Canada Electronic Industry Revenue Growth Rate Market Cap Weighted Average 6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:JTC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:JTC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-01-31 2 0 1
2018-10-31 2 0 0
2018-07-31 2 0 0
2018-04-30 2 0 0
2018-01-31 1 0 0
2017-10-31 1 0 0
2017-07-31 1 0 0
2017-04-30 1 0 0
2017-01-31 1 0 0
2016-10-31 1 0 0
2016-07-31 1 0 0
2016-04-30 1 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • JEMTEC's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if JEMTEC is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:JTC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from JEMTEC Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:JTC Past Financials Data
Date (Data in CAD Millions) EPS *
2019-01-31 0.22
2018-10-31 0.16
2018-07-31 0.09
2018-04-30 0.06
2018-01-31 0.02
2017-10-31 0.01
2017-07-31 0.01
2017-04-30 0.00
2017-01-31 -0.02
2016-10-31 -0.04
2016-07-31 -0.06
2016-04-30 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if JEMTEC will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess JEMTEC's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
JEMTEC has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

JTC Past Performance

  How has JEMTEC performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare JEMTEC's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • JEMTEC has delivered over 20% year on year earnings growth in the past 5 years.
  • JEMTEC's 1-year earnings growth exceeds its 5-year average (1180.6% vs 68.5%)
  • JEMTEC's earnings growth has exceeded the CA Electronic industry average in the past year (1180.6% vs 48.6%).
Earnings and Revenue History
JEMTEC's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from JEMTEC Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:JTC Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-01-31 2.32 0.54 0.76
2018-10-31 2.11 0.40 0.74
2018-07-31 1.84 0.23 0.71
2018-04-30 1.59 0.15 0.64
2018-01-31 1.32 0.04 0.63
2017-10-31 1.24 0.03 0.62
2017-07-31 1.21 0.03 0.63
2017-04-30 1.14 0.00 0.63
2017-01-31 1.07 -0.04 0.63
2016-10-31 0.99 -0.09 0.65
2016-07-31 0.90 -0.15 0.63
2016-04-30 0.85 -0.18 0.63
2016-01-31 0.80 -0.20 0.61
2015-10-31 0.74 -0.22 0.58
2015-07-31 0.70 -0.24 0.60
2015-04-30 0.64 -0.27 0.60
2015-01-31 0.61 -0.28 0.61
2014-10-31 0.60 -0.30 0.64
2014-07-31 0.64 -0.29 0.65
2014-04-30 0.72 -0.24 0.65
2014-01-31 0.81 -0.19 0.64
2013-10-31 0.90 -0.12 0.63
2013-07-31 0.94 -0.06 0.62
2013-04-30 0.95 -0.07 0.63
2013-01-31 0.89 -0.07 0.64
2012-10-31 0.79 -0.11 0.63
2012-07-31 0.78 -0.14 0.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • JEMTEC has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • JEMTEC used its assets more efficiently than the CA Electronic industry average last year based on Return on Assets.
  • JEMTEC has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess JEMTEC's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
JEMTEC has a total score of 6/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

JTC Health

 How is JEMTEC's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up JEMTEC's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • JEMTEC is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • JEMTEC has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of JEMTEC's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • JEMTEC has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from JEMTEC Company Filings, last reported 4 months ago.

TSXV:JTC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-01-31 1.85 0.00 1.83
2018-10-31 1.66 0.00 1.76
2018-07-31 1.48 0.00 1.57
2018-04-30 1.35 0.00 1.59
2018-01-31 1.23 0.00 1.32
2017-10-31 1.22 0.00 1.39
2017-07-31 1.21 0.00 1.33
2017-04-30 1.19 0.00 1.29
2017-01-31 1.18 0.00 1.32
2016-10-31 1.18 0.00 1.31
2016-07-31 1.16 0.00 1.28
2016-04-30 1.17 0.00 1.33
2016-01-31 1.19 0.00 1.32
2015-10-31 1.22 0.00 1.34
2015-07-31 1.26 0.00 1.42
2015-04-30 1.32 0.00 1.35
2015-01-31 1.37 0.00 1.33
2014-10-31 1.44 0.00 1.44
2014-07-31 2.91 0.00 2.88
2014-04-30 2.99 0.00 2.97
2014-01-31 3.06 0.00 2.99
2013-10-31 3.15 0.00 3.07
2013-07-31 3.20 0.00 3.10
2013-04-30 3.23 0.00 3.13
2013-01-31 3.24 0.00 3.11
2012-10-31 3.26 0.00 3.08
2012-07-31 3.26 0.00 3.02
  • JEMTEC has no debt.
  • JEMTEC has not taken on any debt in the past 5 years.
  • JEMTEC has no debt, it does not need to be covered by operating cash flow.
  • JEMTEC has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess JEMTEC's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. JEMTEC has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

JTC Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from JEMTEC dividends.
If you bought CA$2,000 of JEMTEC shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate JEMTEC's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate JEMTEC's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:JTC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
North America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.6%
Canada Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as JEMTEC has not reported any payouts.
  • Unable to verify if JEMTEC's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of JEMTEC's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as JEMTEC has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess JEMTEC's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can JEMTEC afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. JEMTEC has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

JTC Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Eric Caton
COMPENSATION CA$300,333
CEO Bio

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 also served as its General Manager. He led JEMTEC’s successful Public Private Partnership (P3) with the government of Ontario, the first such partnership in Canada. He has designed and started Electronic Monitoring Home Incarceration Programs across Canada (starting in 1987) with British Columbia, Ontario, Newfoundland, Saskatchewan, the Yukon Territories, Nova Scotia and Manitoba. Prior thereto, Mr. Caton marketed hardware and service products for Control Data Canada from 1972 to 1987. He served as a Director of Easton Minerals Ltd., from January 1995 to March 2005.

CEO Compensation
  • Eric's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Eric's remuneration is higher than average for companies of similar size in Canada.
Management Team

Eric Caton

TITLE
CEO, President & Executive Director
COMPENSATION
CA$300K

Loui Mellios

TITLE
Chief Financial Officer
COMPENSATION
CA$36K
TENURE
7.3 yrs

Leslie Markow

TITLE
Corporate Secretary & Director
COMPENSATION
CA$27K
AGE
58
TENURE
25.4 yrs
Board of Directors Tenure

Average tenure and age of the JEMTEC board of directors in years:

25.4
Average Tenure
78
Average Age
  • The average tenure for the JEMTEC board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jeremy Kendall

TITLE
Chairman
COMPENSATION
CA$23K
AGE
78
TENURE
33.5 yrs

Eric Caton

TITLE
CEO, President & Executive Director
COMPENSATION
CA$300K
TENURE
28.3 yrs

Leslie Markow

TITLE
Corporate Secretary & Director
COMPENSATION
CA$27K
AGE
58
TENURE
25.4 yrs

Cyril Ing

TITLE
Director
COMPENSATION
CA$25K
AGE
85
TENURE
19.2 yrs

Gordon Baker

TITLE
Director
COMPENSATION
CA$25K
TENURE
25.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
25. Jan 19 Buy Paul Crossett Individual 24. Jan 19 25. Jan 19 19,600 CA$1.26 CA$24,630
24. Jan 19 Sell Eric Caton Individual 23. Jan 19 24. Jan 19 -5,500 CA$1.30 CA$-7,124
X
Management checks
We assess JEMTEC's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. JEMTEC has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

JTC News

Simply Wall St News

A Close Look At JEMTEC Inc.’s (CVE:JTC) 31% ROCE

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Should You Be Adding JEMTEC (CVE:JTC) To Your Watchlist Today?

How Fast Is JEMTEC Growing Its Earnings Per Share. … One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. … You can take a look at the company's revenue and earnings growth trend, in the chart below.

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JEMTEC (CVE:JTC) Shareholders Have Enjoyed A Whopping 334% Share Price Gain

(CVE:JTC) share price, which skyrocketed 334% over three years. … During three years of share price growth, JEMTEC moved from a loss to profitability. … That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here.

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Boasting A 24% Return On Equity, Is JEMTEC Inc. (CVE:JTC) A Top Quality Stock?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows JEMTEC has a return on equity of 24% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Why I Like JEMTEC Inc. (CVE:JTC)

Help shape the future of investing tools and you could win a $250 gift card! … (CVE:JTC) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects.

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What Investors Should Know About JEMTEC Inc.'s (CVE:JTC) Financial Strength

(CVE:JTC), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is JTC right in choosing financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

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What Can We Make Of JEMTEC Inc.’s (CVE:JTC) High Return On Capital?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Is Jemtec Inc (CVE:JTC) Attractive At This PE Ratio?

Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind. … I will explain what the P/E ratio is as well as what you should look out for when using it … Demystifying the P/E ratio

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Why Jemtec Inc (CVE:JTC) Delivered An Inferior ROE Compared To The Industry

and want a simplistic look at the return on Jemtec Inc (CVE:JTC) stock. … Jemtec Inc’s (CVE:JTC) most recent return on equity was a substandard 3.43% relative to its industry performance of 8.68% over the past year. … An investor may attribute an inferior ROE to a relatively inefficient performance, and whilst this can often be the case, knowing the nuts and bolts of the ROE calculation may change that perspective and give you a deeper insight into JTC's past performance

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Should You Be Tempted To Sell Jemtec Inc (CVE:JTC) At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for JTC Price per share = CA$0.75 Earnings per share = CA$0.017 ∴ Price-Earnings Ratio = CA$0.75 ÷ CA$0.017 = 44.4x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … JTC’s P/E of 44.4x is higher than its industry peers (37.2x), which implies that each dollar of JTC’s earnings is being overvalued by investors. … For example, if you are inadvertently comparing riskier firms with JTC, then JTC’s P/E would naturally be higher than its peers since investors would reward its lower risk with a higher price.

Simply Wall St -

JTC Company Info

Description

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 via 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. The company was incorporated in 1981 and is headquartered in North Vancouver, Canada.

Details
Name: JEMTEC Inc.
JTC
Exchange: TSXV
Founded: 1981
CA$7,063,872
2,716,874
Website: http://www.jemtec.ca
Address: JEMTEC Inc.
38 Fell Avenue,
Suite 200,
North Vancouver,
British Columbia, V7P 3S2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV JTC Common Shares TSX Venture Exchange CA CAD 10. Jun 1991
Number of employees
Current staff
Staff numbers
0
JEMTEC employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 23:40
End of day share price update: 2019/06/17 00:00
Last earnings filing: 2019/03/26
Last earnings reported: 2019/01/31
Last annual earnings reported: 2018/07/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.