How does JTCL's PE Ratio compare to its peers?

JTCL is expensive based on its Price-To-Earnings Ratio (56.2x) compared to the peer average (29.3x).

How does JTCL's PE Ratio compare vs other companies in the GB Capital Markets Industry?

JTCL is expensive based on its Price-To-Earnings Ratio (56.2x) compared to the UK Capital Markets industry average (12.4x).

What is JTCL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JTCL is expensive based on its Price-To-Earnings Ratio (56.2x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).

What is the Fair Price of JTCL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

JTCL (£10.02) is trading above our estimate of [[fair value]] (£8.38)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

JTC (BATS-CHIXE:JTCL) - Stock Price, News & Analysis

JTCL Stock Overview

Provides fund, corporate, and private wealth services to institutional and private clients. More details

JTCL fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	4/6
Financial Health	5/6
Dividends	2/6

Rewards

Earnings are forecast to grow 29.04% per year

Earnings grew by 14.8% over the past year

Analysts in good agreement that stock price will rise by 29%

Risk Analysis

No risks detected for JTCL from our risk checks.

JTC PLC Competitors

Rathbones Group

LSE:RAT

UK£1.7b

Quilter

LSE:QLT

UK£1.9b

Ninety One Group

LSE:N91

UK£1.4b

Bridgepoint Group

LSE:BPT

UK£2.8b

Price History & Performance

Summary of all time highs, changes and price drops for JTC
Historical stock prices
Current Share Price	UK£10.02
52 Week High	UK£11.32
52 Week Low	UK£7.29
Beta	0.69
11 Month Change	-4.57%
3 Month Change	-6.88%
1 Year Change	34.86%
33 Year Change	17.61%
5 Year Change	179.89%
Change since IPO	217.59%

Recent updates

Shareholder Returns

	JTCL	GB Capital Markets	GB Market
7D	2.7%	2.5%	1.7%
1Y	34.9%	27.4%	8.4%

Return vs Industry: JTCL exceeded the UK Capital Markets industry which returned 28.2% over the past year.

Return vs Market: JTCL exceeded the UK Market which returned 8.8% over the past year.

Price Volatility

Is JTCL's price volatile compared to industry and market?
JTCL volatility
JTCL Average Weekly Movement	3.7%
Capital Markets Industry Average Movement	3.5%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: JTCL has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: JTCL's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	1,635	Nigel Le Quesne	www.jtcgroup.com

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients. The company operates in two segments, Institutional Client Services and Private Client Services. It offers fund services in a range of asset classes, including real estate, private equity, renewables, hedge, debt, and alternative asset classes, as well as other administration services.

JTC PLC Fundamentals Summary

How do JTC's earnings and revenue compare to its market cap?
JTCL fundamental statistics
Market cap	UK£1.64b
Earnings (TTM)	UK£29.13m
Revenue (TTM)	UK£283.06m

56.2x

P/E Ratio

5.8x

P/S Ratio

Is JTCL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JTCL income statement (TTM)
Revenue	UK£283.06m
Cost of Revenue	UK£148.10m
Gross Profit	UK£134.96m
Other Expenses	UK£105.84m
Earnings	UK£29.13m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Apr 08, 2025

Earnings per share (EPS)	0.18
Gross Margin	47.68%
Net Profit Margin	10.29%
Debt/Equity Ratio	42.6%

How did JTCL perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

66%

Payout Ratio

JTCL Stock Overview

Rewards

Risk Analysis

JTC PLC Competitors

LSE:RAT

UK£1.7b

LSE:QLT

UK£1.9b

LSE:N91

UK£1.4b

LSE:BPT

UK£2.8b

Price History & Performance

Recent News & Updates

JTC PLC (LSE:JTC) completed the acquisition of FFP (Holdings) Limited.

JTC PLC (LSE:JTC) completed the acquisition of BuckUK and European Share Plan Administration and Trustee Businesses from Arthur J. Gallagher & Co. (NYSE:AJG).

JTC PLC Appoints May Hong Mei Knight as Independent Non-Executive Director and Chair of the Governance & Risk Committee and as a Member of the Audit, Remuneration and Nomination Committees, Effective 5 December 2024

JTC PLC Declares Interim Dividend, Payable on 25 October 2024

JTC PLC (LSE:JTC) completed the acquisition of First Republic Trust Company of Delaware LLC (FRTC-DE) from JPMorgan Chase Bank, National Association.

JTC PLC to Report Fiscal Year 2024 Results on Apr 08, 2025

Recent updates

JTC PLC (LSE:JTC) completed the acquisition of FFP (Holdings) Limited.

JTC PLC (LSE:JTC) completed the acquisition of BuckUK and European Share Plan Administration and Trustee Businesses from Arthur J. Gallagher & Co. (NYSE:AJG).

JTC PLC Appoints May Hong Mei Knight as Independent Non-Executive Director and Chair of the Governance & Risk Committee and as a Member of the Audit, Remuneration and Nomination Committees, Effective 5 December 2024

JTC PLC Declares Interim Dividend, Payable on 25 October 2024

JTC PLC (LSE:JTC) completed the acquisition of First Republic Trust Company of Delaware LLC (FRTC-DE) from JPMorgan Chase Bank, National Association.

JTC PLC to Report Fiscal Year 2024 Results on Apr 08, 2025

JTC PLC (LSE:JTC) acquired Hanway Advisory Limited.

JTC PLC (LSE:JTC) agreed to acquire FFP (Holdings) Limited for approximately $110 million.

JTC PLC Approves Final Dividend, Payable on June 28,2024

Upcoming dividend of UK£0.077 per share

Now 20% overvalued after recent price rise

JTC PLC (LSE:JTC) agreed to acquire First Republic Trust Company of Delaware LLC (FRTC-DE) from JPMorgan Chase Bank, National Association for $21 million.

Final dividend increased to UK£0.077

JTC PLC Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 28 June 2024

Full year 2023 earnings released: EPS: UK£0.14 (vs UK£0.24 in FY 2022)

Now 21% overvalued after recent price rise

JTC PLC (LSE:JTC) acquired Blackheath Capital Management LLP.

JTC PLC, Annual General Meeting, May 21, 2024

Key Executive recently sold UK£751k worth of stock

JTC Announces Appointment of Smith as Director of Sustainability Services

First half 2023 earnings released: EPS: UK£0.076 (vs UK£0.14 in 1H 2022)

JTC PLC Declares Interim Dividend, Payable on 20 October 2023

JTC PLC (LSE:JTC) completed the acquisition of South Dakota Trust Company, L.L.C.

JTC PLC to Report First Half, 2023 Results on Sep 12, 2023

New minor risk - Shareholder dilution

JTC PLC has completed a Follow-on Equity Offering in the amount of £62.000001 million.

JTC PLC (LSE:JTC) entered into a definitive agreement to acquire South Dakota Trust Company, L.L.C. for approximately $270 million.

JTC PLC Approves Final Dividend, Payable on June 30, 2023

Upcoming dividend of UK£0.069 per share at 1.4% yield

JTC PLC Appoints Richard Van't Hof and Greg Russell as Managing Director - Fund Services, and Head of Depositary Respectively

Full year 2022 earnings released: EPS: UK£0.24 (vs UK£0.20 in FY 2021)

JTC PLC to Report Fiscal Year 2022 Results on Apr 11, 2023

Insufficient new directors

JTC PLC (LSE:JTC) acquired New York Private Trust Company (NYPTC) from Emigrant Bancorp, Inc.

First half 2022 earnings released: EPS: UK£0.14 (vs UK£0.30 in 1H 2021)

Investor sentiment improved over the past week

JTC PLC (LSE:JTC) agreed to acquire New York Private Trust Company (NYPTC) from Emigrant Bancorp, Inc.

Investor sentiment improved over the past week

JTC PLC Announces Appointment of Wendy Holley as an Additional Member of the Nomination Committee

Upcoming dividend of UK£0.051 per share

COO & Executive Director recently bought UK£99k worth of stock

COO & Executive Director recently bought UK£99k worth of stock

Full year 2021 earnings released: EPS: UK£0.20 (vs UK£0.09 in FY 2020)

JTC PLC Declares Full Year Dividend for 2021

Group Head of Technology Strategy recently sold UK£388k worth of stock

Group Head of Technology Strategy recently sold UK£55k worth of stock

Group Head of Technology Strategy recently sold UK£223k worth of stock

JTC PLC Provides Earnings Guidance for the Full Year 2022

JTC PLC (LSE:JTC) acquired Essential Fund Services International, LLC from Gerard M. Federici.

First half 2021 earnings released: EPS UK£0.30 (vs UK£0.086 in 1H 2020)

JTC PLC (LSE:JTC) agreed to acquire Ballybunion Capital Limited from Patrick O'Sullivan.

Key Executive recently bought UK£632k worth of stock

Key Executive recently bought UK£1.3m worth of stock

JTC PLC Reaffirms Earnings Guidance for the Full Year 2021

Key Executive recently sold UK£303k worth of stock

Upcoming dividend of UK£0.043 per share

JTC PLC (LSE:JTC) completed the acquisition of Indos Financial Limited from its management team and a group of private shareholders.

JTC PLC Approves Final Dividend

Group Head of Technology Strategy recently sold UK£363k worth of stock