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j2 Global

DB:JXC1
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JXC1
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Software
Company description

j2 Global, Inc., together with its subsidiaries, provides Internet services worldwide. The last earnings update was 54 days ago. More info.


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JXC1 Share Price and Events
7 Day Returns
1.2%
DB:JXC1
2.5%
DE Software
1%
DE Market
1 Year Returns
20.6%
DB:JXC1
13.9%
DE Software
-5.6%
DE Market
JXC1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
j2 Global (JXC1) 1.2% 6.6% 24.6% 20.6% 43.5% 137.1%
DE Software 2.5% 4.2% 12.5% 13.9% 48.1% 83.6%
DE Market 1% 6.1% 8.4% -5.6% 10.9% 13.8%
1 Year Return vs Industry and Market
  • JXC1 outperformed the Software industry which returned 13.9% over the past year.
  • JXC1 outperformed the Market in Germany which returned -5.6% over the past year.
Price Volatility
JXC1
Industry
5yr Volatility vs Market
Related Companies

JXC1 Value

 Is j2 Global 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 j2 Global 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 j2 Global.

DB:JXC1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.6%
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:JXC1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.137 (1 + (1- 21%) (23.31%))
1.232
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.23
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.232 * 5.96%)
7.57%

Discounted Cash Flow Calculation for DB:JXC1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for j2 Global 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:JXC1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.57%)
2019 354.93 Analyst x4 329.95
2020 390.34 Analyst x3 337.33
2021 416.52 Est @ 6.71% 334.62
2022 436.36 Est @ 4.76% 325.89
2023 451.21 Est @ 3.4% 313.26
2024 462.26 Est @ 2.45% 298.35
2025 470.51 Est @ 1.78% 282.30
2026 476.70 Est @ 1.32% 265.89
2027 481.42 Est @ 0.99% 249.62
2028 485.09 Est @ 0.76% 233.82
Present value of next 10 years cash flows $2,971.05
DB:JXC1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $485.09 × (1 + 0.23%) ÷ (7.57% – 0.23%)
$6,621.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $6,621.59 ÷ (1 + 7.57%)10
$3,191.73
DB:JXC1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,971.05 + $3,191.73
$6,162.78
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $6,162.78 / 48.75
$126.41
DB:JXC1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:JXC1 represents 0.88281x of NasdaqGS:JCOM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88281x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 126.41 x 0.88281
€111.60
Value per share (EUR) From above. €111.60
Current discount Discount to share price of €78.72
= -1 x (€78.72 - €111.60) / €111.60
29.5%

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

Current Discount
Amount off the current price j2 Global is available for.
Intrinsic value
29%
Share price is €78.72 vs Future cash flow value of €111.6
Current Discount Checks
For j2 Global to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • j2 Global's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • j2 Global's share price is below the future cash flow value, but not 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 j2 Global's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are j2 Global's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:JXC1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $2.64
NasdaqGS:JCOM Share Price ** NasdaqGS (2019-04-24) in USD $89.17
Germany Software Industry PE Ratio Median Figure of 22 Publicly-Listed Software Companies 36.37x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.72x

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

** Primary Listing of j2 Global.

DB:JXC1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:JCOM Share Price ÷ EPS (both in USD)

= 89.17 ÷ 2.64

33.72x

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

  • j2 Global is good value based on earnings compared to the DE Software industry average.
  • j2 Global is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does j2 Global's expected growth come at a high price?
Raw Data
DB:JXC1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 33.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
20.1%per year
Germany Software Industry PEG Ratio Median Figure of 14 Publicly-Listed Software Companies 2.81x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

DB:JXC1 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 33.72x ÷ 20.1%

1.67x

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

  • j2 Global is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on j2 Global's assets?
Raw Data
DB:JXC1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $21.81
NasdaqGS:JCOM Share Price * NasdaqGS (2019-04-24) in USD $89.17
Germany Software Industry PB Ratio Median Figure of 34 Publicly-Listed Software Companies 2.93x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
DB:JXC1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:JCOM Share Price ÷ Book Value per Share (both in USD)

= 89.17 ÷ 21.81

4.09x

* Primary Listing of j2 Global.

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

  • j2 Global is overvalued based on assets compared to the DE Software industry average.
X
Value checks
We assess j2 Global'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 Software 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 Software industry average (and greater than 0)? (1 check)
  5. j2 Global has a total score of 2/6, 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.

JXC1 Future Performance

 How is j2 Global expected to perform in the next 1 to 3 years based on estimates from 8 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
20.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is j2 Global expected to grow at an attractive rate?
  • j2 Global's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • j2 Global's earnings growth is expected to exceed the Germany market average.
  • j2 Global's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:JXC1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:JXC1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 20.1%
DB:JXC1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 7.2%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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:JXC1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:JXC1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31
2020-12-31 1,396 419 191 7
2019-12-31 1,302 403 161 8
DB:JXC1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,207 401 127
2018-09-30 1,178 380 126
2018-06-30 1,159 359 128
2018-03-31 1,144 317 131
2017-12-31 1,118 264 138
2017-09-30 1,053 269 131
2017-06-30 990 262 144
2017-03-31 928 269 146
2016-12-31 874 282 150
2016-09-30 827 273 143
2016-06-30 796 264 134
2016-03-31 760 248 139

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • j2 Global's earnings are expected to grow significantly at over 20% yearly.
  • j2 Global's revenue is expected to grow by 7.2% 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:JXC1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from j2 Global Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:JXC1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 3.95 4.81 3.30 3.00
2019-12-31 3.09 3.60 2.60 4.00
DB:JXC1 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 2.64
2018-09-30 2.64
2018-06-30 2.68
2018-03-31 2.74
2017-12-31 2.89
2017-09-30 2.76
2017-06-30 3.03
2017-03-31 3.07
2016-12-31 3.15
2016-09-30 2.98
2016-06-30 2.81
2016-03-31 2.92

*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.
  • j2 Global is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess j2 Global'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.
j2 Global has a total score of 5/6, 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.

JXC1 Past Performance

  How has j2 Global 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 j2 Global's growth in the last year to its industry (Software).
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.
  • j2 Global's year on year earnings growth rate has been positive over the past 5 years.
  • j2 Global's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • j2 Global's 1-year earnings growth is negative, it can't be compared to the DE Software industry average.
Earnings and Revenue History
j2 Global'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 j2 Global Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:JXC1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,207.30 126.80 694.63 48.37
2018-09-30 1,177.62 126.21 690.34 45.68
2018-06-30 1,158.51 127.86 675.60 46.16
2018-03-31 1,143.79 130.78 667.79 46.46
2017-12-31 1,117.84 137.63 651.51 46.00
2017-09-30 1,053.30 130.95 597.61 46.62
2017-06-30 989.80 143.88 544.39 43.15
2017-03-31 928.42 146.18 491.54 40.81
2016-12-31 874.26 150.20 441.69 38.05
2016-09-30 827.24 142.60 422.52 35.79
2016-06-30 795.83 134.50 404.49 35.12
2016-03-31 760.06 139.49 383.94 34.87
2015-12-31 720.82 131.48 364.15 34.33
2015-09-30 683.14 127.69 332.22 33.93
2015-06-30 657.45 119.14 319.07 33.28
2015-03-31 626.16 115.13 298.31 31.91
2014-12-31 599.03 121.75 276.16 30.68
2014-09-30 569.92 110.71 258.53 28.80
2014-06-30 544.69 109.87 248.35 27.17
2014-03-31 541.31 111.04 241.29 25.95
2013-12-31 520.80 105.42 233.00 25.49
2013-09-30 484.80 114.95 210.32 23.96
2013-06-30 450.26 118.64 179.61 22.65
2013-03-31 398.36 113.91 148.56 20.88
2012-12-31 371.40 119.51 123.60 18.62
2012-09-30 354.44 119.17 115.55 17.46
2012-06-30 347.22 113.21 116.06 16.87

*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.
  • j2 Global has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • j2 Global used its assets more efficiently than the DE Software industry average last year based on Return on Assets.
  • j2 Global's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess j2 Global'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 Software 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.
j2 Global has a total score of 2/6, 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.

JXC1 Health

 How is j2 Global'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 j2 Global's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • j2 Global is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • j2 Global's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of j2 Global'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 0.5x 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 j2 Global Company Filings, last reported 3 months ago.

DB:JXC1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,035.74 1,013.13 209.47
2018-09-30 1,044.82 1,010.57 303.52
2018-06-30 1,030.61 1,007.69 357.37
2018-03-31 1,031.17 1,004.80 331.37
2017-12-31 1,020.31 1,001.94 350.95
2017-09-30 980.54 999.20 402.54
2017-06-30 955.56 1,243.03 330.81
2017-03-31 930.43 828.43 187.47
2016-12-31 914.54 780.56 123.95
2016-09-30 898.19 599.46 325.47
2016-06-30 918.39 596.92 364.67
2016-03-31 908.04 594.74 312.58
2015-12-31 890.21 592.40 335.19
2015-09-30 871.97 599.61 357.78
2015-06-30 849.20 597.73 513.12
2015-03-31 814.96 595.77 477.78
2014-12-31 820.24 593.75 529.87
2014-09-30 803.56 591.46 622.42
2014-06-30 793.59 589.60 653.57
2014-03-31 728.37 245.80 279.37
2013-12-31 706.42 245.67 298.59
2013-09-30 674.84 245.55 307.22
2013-06-30 644.40 245.43 323.87
2013-03-31 610.05 245.31 293.97
2012-12-31 594.60 245.19 323.73
2012-09-30 568.33 245.08 431.14
2012-06-30 543.51 0.00 184.62
  • j2 Global's level of debt (97.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (34.8% vs 97.8% today).
  • Debt is well covered by operating cash flow (39.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.2x coverage).
X
Financial health checks
We assess j2 Global'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. j2 Global has a total score of 3/6, 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.

JXC1 Dividends

 What is j2 Global'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
2%
Current annual income from j2 Global dividends. Estimated to be 0.64% next year.
If you bought €2,000 of j2 Global shares you are expected to receive €40 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?
  • j2 Global's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • j2 Global's dividend is below the markets top 25% of dividend payers in Germany (3.7%).
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:JXC1 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 8 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 1.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

DB:JXC1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 1.72 1.00
DB:JXC1 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-01 1.780 2.056
2019-02-13 1.780 2.097
2018-11-09 1.740 2.417
2018-11-06 1.740 2.321
2018-08-09 1.700 2.165
2018-05-10 1.660 1.907
2018-05-08 1.660 1.890
2018-03-01 1.620 2.018
2018-02-07 1.620 2.144
2017-11-09 1.580 2.085
2017-11-03 1.580 2.109
2017-08-09 1.540 2.073
2017-08-04 1.540 2.006
2017-05-10 1.500 1.762
2017-05-09 1.500 1.689
2017-03-01 1.460 1.720
2017-02-10 1.460 1.757
2016-11-09 1.420 1.764
2016-11-02 1.420 2.063
2016-08-09 1.380 2.054
2016-08-04 1.380 1.993
2016-05-10 1.340 2.054
2016-05-06 1.340 2.071
2016-02-29 1.300 2.062
2016-02-11 1.300 1.782
2015-11-09 1.260 1.648
2015-11-04 1.260 1.618
2015-08-10 1.230 1.704
2015-08-05 1.230 1.655
2015-05-11 1.200 1.765
2015-05-08 1.200 1.791
2015-03-02 1.170 1.712
2015-02-13 1.170 1.741
2014-11-10 1.140 1.919
2014-11-06 1.140 2.051
2014-08-05 1.110 2.157
2014-05-08 1.080 2.213
2014-03-03 1.050 2.171
2014-02-14 1.050 2.095
2013-11-05 1.020 2.166
2013-08-07 0.990 1.924
2013-05-08 0.960 2.253
2013-02-13 0.930 2.463
2012-11-01 0.900 2.920
2012-08-01 0.880 2.926
2012-05-03 0.860 3.332
2012-02-14 0.840 2.973
2011-11-02 0.820 2.933
2011-08-02 0.800 2.712

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

  • Whilst dividend payments have been stable, j2 Global has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but j2 Global only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of j2 Global's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • No need to calculate the sustainability of j2 Global's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess j2 Global'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 j2 Global afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. j2 Global has a total score of 2/6, see the detailed checks below.


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

JXC1 Management

 What is the CEO of j2 Global'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
Vivek Shah
COMPENSATION $45,062,153
AGE 44
TENURE AS CEO 1.3 years
CEO Bio

Mr. Vivek R. Shah is Chief Executive Officer and Director of j2 Global, Inc. since January 1, 2018. Mr. Shah served as the Chief Executive Officer at Ziff Davis, LLC (formerly Ziff Davis Media Inc.) which j2 Global acquired in 2012. Mr. Shah served as a Venture Partner Emeritus at FirstMark Capital, L.L.C. He joined Ziff Davis in 2010. He served as General Manager of Time Inc. He served as the Chief Architect of CNNMoney.com. He served as the President and General Manager of the Fortune/Money Group which included news, business and sports properties. He has built a notable career in the media business with over 15 years in various management roles at Time Inc. and served as its Group President, Digital. He served as the President of Digital publishing for the group, building CNNMoney.com into a site with more than 25 million unique visitors per month. Prior to that, Mr. Shah served as the President of digital publishing of Fortune/Money, where he oversaw the launch of CNNMoney.com, one of the Web’s largest finance sites. He served as the Chairman of Interactive Advertising Bureau, Inc. from February 2014 to February 2015 and also served as its Vice Chairman until February 2014. He has been a Member of Advisory Board at AdSafe Media, LLC (also known as AdSafe Media, Inc.)since March 2010. He has been a Director of Interactive Advertising Bureau, Inc. since February 27, 2011. He serves as a Member of the Advisory Board of Evryx Technologies, Inc. and Integral Ad Science, Inc. He served as an Independent Director of TheStreet, Inc. since May 6, 2010 until September 19, 2014. He serves as a Director of Interactive Advertising Bureau, Inc. He served as a Director of ShareThis, Inc., since October 2008. Mr. Shah has been named Online Publisher of the Year by MIN and Innovator of the Year by BtoB's Media Business. He was also named to Folio magazine's Thirty under 30 list and Crain's Forty under 40 list. He has a B.A. in Political Science from Tufts University.

CEO Compensation
  • Vivek's compensation has increased by more than 20% in the past year.
  • Vivek's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the j2 Global management team in years:

1.5
Average Tenure
48
Average Age
  • The average tenure for the j2 Global management team is less than 2 years, this suggests a new team.
Management Team

Vivek Shah

TITLE
CEO & Director
COMPENSATION
$45M
AGE
44
TENURE
1.3 yrs

Robert Turicchi

TITLE
President & CFO
COMPENSATION
$4M
AGE
55
TENURE
10.9 yrs

Steve Dunn

TITLE
Chief Accounting Officer
COMPENSATION
$858K
AGE
48
TENURE
6.9 yrs

Joey Fortuna

TITLE
Chief Technology Officer
TENURE
1.3 yrs

Patty Brunton

TITLE
Corporate Vice President of Administration & Human Resources
TENURE
1.5 yrs

Jeremy Rossen

TITLE
VP, General Counsel & Secretary
COMPENSATION
$1M
AGE
48
TENURE
3.8 yrs

Sean Alford

TITLE
Senior Vice President of Corporate Development

Arjen Berendsen

TITLE
VP & MD of Fusemail
TENURE
3.5 yrs

Harmeet Singh

TITLE
President of Cloud Services
TENURE
1.3 yrs

Steve Horowitz

TITLE
President of Ziff Davis
AGE
46
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the j2 Global board of directors in years:

11.8
Average Tenure
63.5
Average Age
  • The average tenure for the j2 Global board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Richard Ressler

TITLE
Chairman
COMPENSATION
$476K
AGE
60
TENURE
22.3 yrs

Vivek Shah

TITLE
CEO & Director
COMPENSATION
$45M
AGE
44
TENURE
1.3 yrs

Doug Bech

TITLE
Independent Director
COMPENSATION
$300K
AGE
72
TENURE
18.4 yrs

William Kretzmer

TITLE
Independent Director
COMPENSATION
$295K
AGE
65
TENURE
11.8 yrs

Robert Cresci

TITLE
Lead Independent Director
COMPENSATION
$300K
AGE
74

Stephen Ross

TITLE
Independent Director
COMPENSATION
$270K
AGE
70
TENURE
11.8 yrs

Jon Miller

TITLE
Independent Director
COMPENSATION
$270K
AGE
62
TENURE
4.2 yrs

Sarah Fay

TITLE
Director
AGE
55
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • j2 Global insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
19. Feb 19 Sell Douglas Bech Individual 15. Feb 19 15. Feb 19 -10,000 €73.85 €-738,483
30. Aug 18 Sell Steven Dunn Individual 29. Aug 18 29. Aug 18 -1,052 €71.74 €-75,469
22. Aug 18 Sell Jeremy Rossen Individual 21. Aug 18 21. Aug 18 -2,457 €70.43 €-173,038
22. May 18 Buy Sarah Fay Individual 21. May 18 21. May 18 289 €73.41 €21,214
11. May 18 Sell Steven Dunn Individual 11. May 18 11. May 18 -2,911 €73.19 €-213,068
11. May 18 Sell Jeremy Rossen Individual 09. May 18 10. May 18 -925 €73.76 €-67,787
11. May 18 Sell William Kretzmer Individual 09. May 18 09. May 18 -5,942 €73.58 €-437,203
11. May 18 Sell Douglas Bech Individual 09. May 18 09. May 18 -10,000 €74.48 €-739,695
X
Management checks
We assess j2 Global'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. j2 Global 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.

JXC1 News

Simply Wall St News

JXC1 Company Info

Description

j2 Global, Inc., together with its subsidiaries, provides Internet services worldwide. It operates through three segments: Fax and Email Marketing; Voice, Backup, and Security; and Digital Media. The company offers cloud services to sole proprietors, small to medium-sized businesses and enterprises, and government organizations. Its services include online fax services under the eFax, sFax, MyFax, eFax Plus, eFax Pro, eFax Secure, eFax Corporate, and eFax Developer brands; on-demand voice, cloud phone, and unified communications services under the eVoice, Line2, and Onebox names; online backup and disaster recovery, sync storage, and synchronization and sharing solutions under the KeepItSafe, LiveDrive, LiveVault, and SugarSync names; email security, email archiving, hosted email, web security, and endpoint protection services under the VIPRE, FuseMail, and Excel Micro brands; email marketing and delivery services under the Campaigner and SMTP names; and IP licesing customer support services. The company also operates a portfolio of Web properties and applications, including IGN, Mashable, PC Mag, Humble Bundle, Speedtest, Offers, Black Friday, AskMen, MedPageToday, Everyday Health, What to Expect, and others that offer technology products, gaming and lifestyle products and services, news and commentary related products, interactive tools and mobile applications, speed testing for Internet and network connections, online deals and discounts for consumers, and tools and information for healthcare professionals, as well as professional networking tools, targeted emails, and white papers for IT professionals. The company was formerly known as j2 Global Communications, Inc. and changed its name to j2 Global, Inc. in December 2011. j2 Global, Inc. was founded in 1995 and is headquartered in Los Angeles, California.

Details
Name: j2 Global, Inc.
JXC1
Exchange: DB
Founded: 1995
$3,884,234,086
48,751,959
Website: http://www.j2global.com
Address: j2 Global, Inc.
6922 Hollywood Boulevard,
Suite 500,
Los Angeles,
California, 90028,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS JCOM Common Stock Nasdaq Global Select US USD 23. Jul 1999
DB JXC1 Common Stock Deutsche Boerse AG DE EUR 23. Jul 1999
Number of employees
Current staff
Staff numbers
2,587
j2 Global employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 20:37
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/23
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
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.