AIM:JIM

Stock Analysis Report

Executive Summary

Jarvis Securities plc, through its subsidiary, Jarvis Investment Management Limited, provides a range of stock broking services to retail and institutional clients in the United Kingdom.

Snowflake

Fundamentals

Solid track record second-rate dividend payer.

Share Price & News

How has Jarvis Securities's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.3%

JIM

-1.3%

GB Capital Markets

-0.3%

GB Market


1 Year Return

7.8%

JIM

19.8%

GB Capital Markets

3.0%

GB Market

Return vs Industry: JIM underperformed the UK Capital Markets industry which returned 19.8% over the past year.

Return vs Market: JIM exceeded the UK Market which returned 3% over the past year.


Shareholder returns

JIMIndustryMarket
7 Day0.3%-1.3%-0.3%
30 Day0.1%-2.3%-0.9%
90 Day2.3%2.8%-2.0%
1 Year17.3%7.8%22.7%19.8%8.0%3.0%
3 Year89.7%57.9%77.2%64.6%18.0%3.6%
5 Year37.2%2.3%148.0%118.6%35.8%6.4%

Price Volatility Vs. Market

How volatile is Jarvis Securities's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jarvis Securities undervalued compared to its fair value and its price relative to the market?

13.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: JIM (£4.71) is trading above our estimate of fair value (£4.3)

Significantly Undervalued: JIM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: JIM is good value based on its PE Ratio (13.8x) compared to the Capital Markets industry average (18.9x).

PE vs Market: JIM is good value based on its PE Ratio (13.8x) compared to the UK market (16.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JIM is overvalued based on its PB Ratio (7.7x) compared to the GB Capital Markets industry average (1.4x).


Next Steps

Future Growth

How is Jarvis Securities forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-25.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JIM's earnings are forecast to decline over the next 3 years (-25.9% per year).

Earnings vs Market: JIM's earnings are forecast to decline over the next 3 years (-25.9% per year).

High Growth Earnings: JIM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: JIM's revenue is expected to decline over the next 3 years (-58.8% per year).

High Growth Revenue: JIM's revenue is forecast to decline over the next 3 years (-58.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if JIM's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Jarvis Securities performed over the past 5 years?

8.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JIM's earnings have grown by 8.9% per year over the past 5 years.

Accelerating Growth: JIM's earnings growth over the past year (11.9%) exceeds its 5-year average (8.9% per year).

Earnings vs Industry: JIM earnings growth over the past year (11.9%) exceeded the Capital Markets industry 4.6%.


Return on Equity

High ROE: JIM's Return on Equity (55.7%) is considered outstanding.


Return on Assets

ROA vs Industry: JIM has a higher Return on Assets than the Capital Markets industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate JIM's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Jarvis Securities's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: JIM has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if JIM's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: JIM's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if JIM has a sufficient allowance for bad loans.

Low Risk Liabilities: JIM reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if JIM has an acceptable proportion of non-loan assets held.

Low Risk Deposits: JIM has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if JIM has an appropriate level of bad loans.


Next Steps

Dividend

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

5.21%

Current Dividend Yield


Dividend Yield vs Market

company5.2%marketbottom25%2.0%markettop25%5.4%industryaverage2.1%forecastin3Years5.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: JIM's dividend (5.21%) is higher than the bottom 25% of dividend payers in the UK market (2.01%).

High Dividend: JIM's dividend (5.21%) is low compared to the top 25% of dividend payers in the UK market (5.36%).

Stable Dividend: JIM's dividend payments have been volatile in the past 10 years.

Growing Dividend: JIM's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (76.1%), JIM's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

UK£355k

CEO Compensation


CEO

Andrew Grant (60yo)

0yrs

Tenure

UK£355,150

Compensation

Mr. Andrew James Grant serves as the Chairman and Chief Executive Officer at Jarvis Securities Plc. Mr. Grant spent his early career as a Tax Adviser working for the accountancy firms Touche Ross, as a Tax ...


CEO Compensation Analysis

Compensation vs. Market: Andrew's total compensation ($USD457.15K) is about average for companies of similar size in the UK market ($USD320.52K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Insider Trading

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


Recent Insider Transactions

BuyUK£39,97406 Jun 19
Jolyon Head
EntityIndividual
Role
Member of the Board of Directors
Finance Director
Shares8,952
Max PriceUK£4.47
SellUK£38,34306 Jun 19
Jolyon Head
EntityIndividual
Role
Member of the Board of Directors
Finance Director
Shares8,592
Max PriceUK£4.46

Ownership Breakdown


Management Team

  • Andrew Grant (60yo)

    Chairman & Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: UK£355.15k
  • Nick Crabb (56yo)

    Business Development & Client Services Director and Executive Director

    • Tenure: 0yrs
    • Compensation: UK£152.00k
  • Jolyon Head (43yo)

    Finance Director

    • Tenure: 7.3yrs
    • Compensation: UK£143.31k

Board Members

  • Graeme McAusland (53yo)

    Non-Executive Director

    • Tenure: 11.6yrs
    • Compensation: UK£25.00k
  • Andrew Grant (60yo)

    Chairman & Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: UK£355.15k
  • Nick Crabb (56yo)

    Business Development & Client Services Director and Executive Director

    • Tenure: 0yrs
    • Compensation: UK£152.00k
  • Jolyon Head (43yo)

    Finance Director

    • Tenure: 7.3yrs
    • Compensation: UK£143.31k

Company Information

Jarvis Securities plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jarvis Securities plc
  • Ticker: JIM
  • Exchange: AIM
  • Founded: 2004
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: UK£51.320m
  • Shares outstanding: 10.91m
  • Website: https://www.jarvissecurities.co.uk

Number of Employees


Location

  • Jarvis Securities plc
  • 78 Mount Ephraim
  • Royal Tunbridge Wells
  • Kent
  • TN4 8BS
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JIMAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 2004

Biography

Jarvis Securities plc, through its subsidiary, Jarvis Investment Management Limited, provides a range of stock broking services to retail and institutional clients in the United Kingdom. The company offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 20:31
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.