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JPJ Group

DB:JP7
Snowflake Description

Good value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JP7
DB
£559M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

JPJ Group plc, through its subsidiaries, operates as an online gaming company in Japan, the United Kingdom, Sweden, Spain, rest of Europe, and internationally. The last earnings update was 34 days ago. More info.


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JP7 Share Price and Events
7 Day Returns
-1.3%
DB:JP7
-1%
DE Hospitality
0.2%
DE Market
1 Year Returns
-13.9%
DB:JP7
-52.6%
DE Hospitality
-10.9%
DE Market
JP7 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
JPJ Group (JP7) -1.3% 7.9% 1.5% -13.9% - -
DE Hospitality -1% -10.9% -11.5% -52.6% -32.4% -25.2%
DE Market 0.2% -2.5% -2% -10.9% 8.9% 6.3%
1 Year Return vs Industry and Market
  • JP7 outperformed the Hospitality industry which returned -52.6% over the past year.
  • JP7 underperformed the Market in Germany which returned -10.9% over the past year.
Price Volatility
JP7
Industry
5yr Volatility vs Market

Value

 Is JPJ Group 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 JPJ Group 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 JPJ Group.

DB:JP7 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 DB:JP7
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.919 (1 + (1- 19%) (66.34%))
1.277
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.28
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.277 * 6.65%)
8.72%

Discounted Cash Flow Calculation for DB:JP7 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for JPJ Group 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.

DB:JP7 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 8.72%)
2019 101.00 Analyst x1 92.90
2020 82.90 Analyst x2 70.14
2021 103.00 Analyst x1 80.16
2022 102.95 Est @ -0.05% 73.69
2023 102.99 Est @ 0.03% 67.81
2024 103.08 Est @ 0.09% 62.43
2025 103.22 Est @ 0.13% 57.50
2026 103.39 Est @ 0.16% 52.98
2027 103.57 Est @ 0.18% 48.82
2028 103.78 Est @ 0.2% 44.99
Present value of next 10 years cash flows £651.41
DB:JP7 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £103.78 × (1 + 0.23%) ÷ (8.72% – 0.23%)
£1,225.24
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £1,225.24 ÷ (1 + 8.72%)10
£531.18
DB:JP7 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £651.41 + £531.18
£1,182.59
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £1,182.59 / 74.47
£15.88
DB:JP7 Discount to Share Price
Calculation Result
Value per share (EUR) From above. €17.68
Current discount Discount to share price of €8.35
= -1 x (€8.35 - €17.68) / €17.68
52.8%

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

Current Discount
Amount off the current price JPJ Group is available for.
Intrinsic value
>50%
Share price is €8.35 vs Future cash flow value of €17.68
Current Discount Checks
For JPJ Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • JPJ Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • JPJ Group'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 JPJ Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are JPJ Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:JP7 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in GBP £0.46
LSE:JPJ Share Price ** LSE (2019-06-18) in GBP £7.5
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.82x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.63x

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

** Primary Listing of JPJ Group.

DB:JP7 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:JPJ Share Price ÷ EPS (both in GBP)

= 7.5 ÷ 0.46

16.42x

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

  • JPJ Group is good value based on earnings compared to the DE Hospitality industry average.
  • JPJ Group is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does JPJ Group's expected growth come at a high price?
Raw Data
DB:JP7 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.42x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
4.2%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.3x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

DB:JP7 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.42x ÷ 4.2%

3.93x

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

  • JPJ Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on JPJ Group's assets?
Raw Data
DB:JP7 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in GBP £3.04
LSE:JPJ Share Price * LSE (2019-06-18) in GBP £7.5
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.04x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.77x
DB:JP7 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:JPJ Share Price ÷ Book Value per Share (both in GBP)

= 7.5 ÷ 3.04

2.47x

* Primary Listing of JPJ Group.

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

  • JPJ Group is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess JPJ Group'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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. JPJ Group 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.

Future Performance

 How is JPJ Group expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

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
4.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is JPJ Group expected to grow at an attractive rate?
  • JPJ Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • JPJ Group's earnings growth is positive but not above the Germany market average.
  • JPJ Group's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:JP7 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:JP7 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 4.2%
DB:JP7 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 11.6%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 18.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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
DB:JP7 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:JP7 Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 101
2021-12-31 423 104 35 4
2020-12-31 374 98 27 7
2019-12-31 330 106 27 7
DB:JP7 Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-03-31 329 102 34
2018-12-31 320 106 18
2018-09-30 328 105 -31
2018-06-30 322 105 -47
2018-03-31 292 102 -63
2017-12-31 289 101 -71
2017-09-30 283 98 -42
2017-06-30 278 84 -53
2017-03-31 275 80 -61
2016-12-31 269 83 -41
2016-09-30 273 88 -107
2016-06-30 277 94 -98

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • JPJ Group's earnings are expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).
  • JPJ Group's revenue is expected to grow by 11.6% yearly, however this is not considered high growth (20% yearly).
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
DB:JP7 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from JPJ Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:JP7 Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 0.46 0.49 0.43 2.00
2020-12-31 0.36 0.37 0.35 2.00
2019-12-31 0.35 0.46 0.24 2.00
DB:JP7 Past Financials Data
Date (Data in GBP Millions) EPS *
2019-03-31 0.46
2018-12-31 0.24
2018-09-30 -0.42
2018-06-30 -0.63
2018-03-31 -0.86
2017-12-31 -0.96
2017-09-30 -0.57
2017-06-30 -0.72
2017-03-31 -0.85
2016-12-31 -0.57
2016-09-30 -1.52
2016-06-30 -1.38

*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.
  • JPJ Group is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess JPJ Group'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
JPJ Group has a total score of 3/6, 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.

Past Performance

  How has JPJ Group 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 JPJ Group's growth in the last year to its industry (Hospitality).
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.
  • JPJ Group has delivered over 20% year on year earnings growth in the past 5 years.
  • JPJ Group has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • JPJ Group has become profitable in the last year making it difficult to compare the DE Hospitality industry average.
Earnings and Revenue History
JPJ Group'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 JPJ Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:JP7 Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 328.87 33.94 233.43
2018-12-31 319.59 18.06 227.92
2018-09-30 327.79 -31.32 238.26
2018-06-30 321.88 -46.90 236.85
2018-03-31 291.89 -63.41 214.31
2017-12-31 289.26 -70.72 210.30
2017-09-30 283.04 -42.20 202.43
2017-06-30 277.56 -52.54 199.12
2017-03-31 275.01 -61.01 200.42
2016-12-31 269.04 -40.64 195.47
2016-09-30 273.27 -107.02 197.65
2016-06-30 276.99 -97.83 203.87
2016-03-31 253.69 -102.39 193.86
2015-12-31 187.90 -110.88 152.84
2015-09-30 133.59 -51.68 121.22
2015-06-30 82.70 -50.47 77.78
2015-03-31 37.44 -26.44 35.61
2014-12-31 22.59 -14.44 20.10
2013-12-31 -1.71 0.04

*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.
  • JPJ Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • JPJ Group used its assets more efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • JPJ Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess JPJ Group'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 Hospitality 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.
JPJ Group has a total score of 3/6, 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.

Health

 How is JPJ Group'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 JPJ Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • JPJ Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • JPJ Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of JPJ Group'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.
  • Debt is not covered by short term assets, assets are 0.4x debt.
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 JPJ Group Company Filings, last reported 2 months ago.

DB:JP7 Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 226.01 370.55 106.15
2018-12-31 219.12 371.94 84.38
2018-09-30 207.75 370.52 71.46
2018-06-30 203.76 369.66 29.46
2018-03-31 195.75 368.45 76.23
2017-12-31 204.06 369.74 59.03
2017-09-30 237.38 337.47 39.21
2017-06-30 236.73 354.11 23.96
2017-03-31 231.76 363.50 112.30
2016-12-31 239.47 374.06 68.49
2016-09-30 259.86 218.91 60.78
2016-06-30 272.93 224.85 51.48
2016-03-31 296.69 214.83 50.55
2015-12-31 288.27 213.86 31.68
2015-09-30 367.21 217.59 46.62
2015-06-30 385.15 214.25 46.21
2015-03-31 335.27 42.90 13.64
2014-12-31 101.75 46.98 17.32
2013-12-31 25.40 7.89 0.73
  • JPJ Group's level of debt (162.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (39.7% vs 162.6% today).
  • Debt is well covered by operating cash flow (27.8%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess JPJ Group'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. JPJ Group has a total score of 2/6, 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.

Dividends

 What is JPJ Group'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 JPJ Group dividends. Estimated to be 6.96% next year.
If you bought €2,000 of JPJ Group shares you are expected to receive €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 JPJ Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate JPJ Group'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
DB:JP7 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 7 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:JP7 Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.73 3.00
2020-12-31 0.53 5.00
2019-12-31 0.35 4.00

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

  • Unable to perform a dividend volatility check as JPJ Group has not reported any payouts.
  • Unable to verify if JPJ Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of JPJ Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as JPJ Group has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (2x coverage).
X
Income/ dividend checks
We assess JPJ Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 JPJ Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. JPJ Group has a total score of 1/6, see the detailed checks below.


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

Management

 What is the CEO of JPJ Group'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
Simon Wykes
COMPENSATION £626,000
AGE 50
TENURE AS CEO 1.6 years
CEO Bio

Mr. Simon Michael Wykes has been Group Managing Director at Jackpotjoy plc since November 1, 2017 and provides additional operational expertise. Mr. Wykes's main role is working in Jackpotjoy's global markets with the senior management teams across each of its three business segments - Jackpotjoy, Vera&John and Mandalay. He was previously Chief Executive Officer at Gala Leisure and Managing Director at Gala Coral Group, where he oversaw the execution of a successful strategic turnaround plan of its bingo division. He has completed an external consultancy role with Ladbrokes Coral on their merger integration plans. He served as Managing Director of Mecca Bingo at The Rank Group Plc since April 2006 for over four years. Previously, Mr. Wykes served as Operations Director and Regional Director of Mecca Bingo. He has also worked for Leisure Parcs, Gala Group (in bingo clubs and casinos) and First Leisure. Mr. Wykes has been Director of Buzz Group Limited since December 18, 2015 and Jackpotjoy plc since November 1, 2017. He is a Non-Executive Director for both Leisure Electronics Ltd and Wexel Gaming.

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

Average tenure and age of the JPJ Group management team in years:

2.2
Average Tenure
50
Average Age
  • The tenure for the JPJ Group management team is about average.
Management Team

Neil Goulden

TITLE
Executive Chairman
COMPENSATION
£584K
AGE
64

Simon Wykes

TITLE
Group MD & Director
COMPENSATION
£626K
AGE
50
TENURE
1.6 yrs

Keith Laslop

TITLE
CFO & Director
COMPENSATION
£703K
AGE
46

Jason Holden

TITLE
Director of Investor & Public Relations
TENURE
2.2 yrs

Amanda Brewer

TITLE
Vice President of Corporate Communications
TENURE
4.2 yrs

Peter Marcus

TITLE
Chief Marketing Officer

Irina Cornides

TITLE
Chief Marketing Officer of Jackpotjoy Division
COMPENSATION
£636K

Darren Rennick

TITLE
President of Jackpotjoy Operations
COMPENSATION
£388K

Johan Königslehner

TITLE
Chief Executive Officer of Dumarca Gaming and Chief Marketing Officer of Dumarca Gaming
TENURE
3.5 yrs

John Rowland-Jones

TITLE
Deputy Company Secretary
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the JPJ Group board of directors in years:

2.4
Average Tenure
52
Average Age
  • The average tenure for the JPJ Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Neil Goulden

TITLE
Executive Chairman
COMPENSATION
£584K
AGE
64
TENURE
3.4 yrs

Simon Wykes

TITLE
Group MD & Director
COMPENSATION
£626K
AGE
50
TENURE
1.6 yrs

Keith Laslop

TITLE
CFO & Director
COMPENSATION
£703K
AGE
46
TENURE
2.8 yrs

Nigel Brewster

TITLE
Independent Non-Executive Director
COMPENSATION
£70K
TENURE
2.4 yrs

Colin Sturgeon

TITLE
Senior Independent Director
COMPENSATION
£80K
TENURE
2.4 yrs

Jim Ryan

TITLE
Independent Non-Executive Director
COMPENSATION
£65K
AGE
56
TENURE
2.8 yrs

Andria Vidler

TITLE
Independent Non-Executive Director
COMPENSATION
£37K
AGE
52
TENURE
1 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 (€) Value (€)
14. Dec 18 Sell HG Vora Capital Company 11. Dec 18 12. Dec 18 -6,500,000 €7.13 €-46,042,519
03. Dec 18 Buy Neil Goulden Individual 30. Nov 18 30. Nov 18 10,000 €6.59 €65,942
30. Nov 18 Buy Neil Goulden Individual 29. Nov 18 29. Nov 18 10,000 €6.55 €65,494
29. Nov 18 Buy Jason Holden Individual 28. Nov 18 28. Nov 18 5,000 €6.61 €33,069
29. Nov 18 Buy Neil Goulden Individual 28. Nov 18 28. Nov 18 10,000 €6.58 €65,799
16. Nov 18 Buy Simon Wykes Individual 15. Nov 18 15. Nov 18 2,000 €6.70 €13,404
16. Nov 18 Buy Jason Holden Individual 15. Nov 18 15. Nov 18 2,500 €6.70 €16,755
26. Oct 18 Buy HG Vora Capital Company 22. Oct 18 25. Oct 18 55,168 €7.75 €409,832
19. Oct 18 Buy HG Vora Capital Company 16. Oct 18 19. Oct 18 34,832 €7.88 €272,046
15. Oct 18 Buy HG Vora Capital Company 12. Oct 18 12. Oct 18 10,000 €7.65 €76,505
10. Oct 18 Buy HG Vora Capital Company 08. Oct 18 11. Oct 18 200,000 €8.02 €1,570,972
28. Sep 18 Buy HG Vora Capital Company 26. Sep 18 28. Sep 18 200,000 €8.54 €1,701,797
17. Aug 18 Buy HG Vora Capital Company 14. Aug 18 17. Aug 18 625,000 €10.46 €6,267,474
X
Management checks
We assess JPJ Group'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. JPJ Group 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.

News

Simply Wall St News

Company Info

Description

JPJ Group plc, through its subsidiaries, operates as an online gaming company in Japan, the United Kingdom, Sweden, Spain, rest of Europe, and internationally. The company operates through Jackpotjoy and Vera&John segments. It offers bingo, slots, casino, and other games through Jackpotjoy, Starspins, Botemania, Vera&John, Costa Bingo, InterCasino, Solid Gaming, and other brands. The company was formerly known as Jackpotjoy plc and changed its name to JPJ Group plc in June 2018. Jackpotjoy plc was incorporated in 2016 and is based in London, the United Kingdom.

Details
Name: JPJ Group plc
JP7
Exchange: DB
Founded: 2016
£625,856,524
74,473,678
Website: http://www.jpjgroup.com
Address: JPJ Group plc
16 Berkeley Street,
London,
Greater London, W1J 8DZ,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE JPJ Common Shares London Stock Exchange GB GBP 25. Jan 2017
OTCPK JKPT.F Common Shares Pink Sheets LLC US USD 25. Jan 2017
DB JP7 Common Shares Deutsche Boerse AG DE EUR 25. Jan 2017
BATS-CHIXE JPJL Common Shares BATS 'Chi-X Europe' GB GBP 25. Jan 2017
Number of employees
Current staff
Staff numbers
293
JPJ Group employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 22:14
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/06/17
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.