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Just Energy Group

Market Cap

CA$51.9m

Last Updated

2021/09/18 00:50 UTC

Data Sources

Company Financials

Executive Summary

Just Energy Group Inc., through its subsidiaries, provides electricity and natural gas commodities in the United States and Canada. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: JE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: JE's weekly volatility has decreased from 27% to 9% over the past year.


Market Performance


7 Day Return

-7.7%

JE

-2.8%

CA Integrated Utilities

-0.6%

CA Market


1 Year Return

-91.0%

JE

5.9%

CA Integrated Utilities

29.0%

CA Market

Return vs Industry: JE underperformed the Canadian Integrated Utilities industry which returned 5.5% over the past year.

Return vs Market: JE underperformed the Canadian Market which returned 29.1% over the past year.


Shareholder returns

JEIndustryMarket
7 Day-7.7%-2.8%-0.6%
30 Day-16.9%-4.1%1.5%
90 Day-45.5%-1.1%2.3%
1 Year-91.0%-91.0%10.7%5.9%32.9%29.0%
3 Year-99.1%-99.2%26.9%13.0%32.4%19.9%
5 Year-99.4%-99.5%42.7%18.1%52.2%29.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Just Energy Group undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: JE (CA$1.08) is trading above our estimate of fair value (CA$0.42)

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


Price To Earnings Ratio

PE vs Industry: JE is unprofitable, so we can't compare its PE Ratio to the North American Integrated Utilities industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JE has negative assets, so we can't compare its PB Ratio to the XN Integrated Utilities industry average.


Future Growth

How is Just Energy Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.0%

Forecasted Utilities 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 Just Energy Group 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.


Past Performance

How has Just Energy Group performed over the past 5 years?

-58.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JE is currently unprofitable.

Growing Profit Margin: JE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JE is unprofitable, and losses have increased over the past 5 years at a rate of 58.1% per year.

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

Earnings vs Industry: JE is unprofitable, making it difficult to compare its past year earnings growth to the Integrated Utilities industry (10.6%).


Return on Equity

High ROE: JE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Just Energy Group's financial position?


Financial Position Analysis

Short Term Liabilities: JE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: JE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: JE has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: JE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: Whilst unprofitable JE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: JE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 37.8% per year.


Dividend

What is Just Energy Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate JE'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 JE's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: JE is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JE'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?

1.0yrs

Average management tenure


CEO

R. Gahn (60 yo)

2.08yrs

Tenure

CA$1,677,170

Compensation

Mr. R. Scott Gahn has been President and Chief Executive Officer of Just Energy Group Inc. since August 2, 2019. Mr. Gahn served as the Chief Operating Officer of Just Energy Corp. at Just Energy Income Fu...


CEO Compensation Analysis

Compensation vs Market: R.'s total compensation ($USD1.32M) is above average for companies of similar size in the Canadian market ($USD161.56K).

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


Leadership Team

Experienced Management: JE's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: JE's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 946.3%.


Top Shareholders

Company Information

Just Energy Group Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Just Energy Group Inc.
  • Ticker: JE
  • Exchange: TSXV
  • Founded: 1997
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Market Cap: CA$51.925m
  • Shares outstanding: 48.08m
  • Website: https://justenergy.com

Number of Employees


Location

  • Just Energy Group Inc.
  • First Canadian Place
  • Suite 2630
  • Toronto
  • Ontario
  • M5X 1E1
  • Canada

Listings


Biography

Just Energy Group Inc., through its subsidiaries, provides electricity and natural gas commodities in the United States and Canada. It operates through two segments, Mass Market and Commercial. The company...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 00:50
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.