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JUP

Jupiter Fund Management LSE:JUP Stock Report

Last Price

UK£1.76

Market Cap

UK£939.2m

7D

3.4%

1Y

-35.3%

Updated

17 May, 2022

Data

Company Financials +
JUP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends5/6

JUP Stock Overview

Jupiter Fund Management Plc is a publicly owned investment manager.

Jupiter Fund Management Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jupiter Fund Management
Historical stock prices
Current Share PriceUK£1.76
52 Week HighUK£3.00
52 Week LowUK£1.64
Beta1.41
1 Month Change-16.25%
3 Month Change-20.78%
1 Year Change-35.26%
3 Year Change-51.60%
5 Year Change-63.77%
Change since IPO-7.53%

Recent News & Updates

Shareholder Returns

JUPGB Capital MarketsGB Market
7D3.4%3.0%3.6%
1Y-35.3%-8.8%-2.5%

Return vs Industry: JUP underperformed the UK Capital Markets industry which returned -10.1% over the past year.

Return vs Market: JUP underperformed the UK Market which returned -3.2% over the past year.

Price Volatility

Is JUP's price volatile compared to industry and market?
JUP volatility
JUP Average Weekly Movement5.4%
Capital Markets Industry Average Movement4.9%
Market Average Movement6.1%
10% most volatile stocks in GB Market11.8%
10% least volatile stocks in GB Market3.2%

Stable Share Price: JUP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: JUP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985592Andrew Formicahttps://www.jupiteram.com/en/Jupiter-Fund-Management-plc

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets.

Jupiter Fund Management Fundamentals Summary

How do Jupiter Fund Management's earnings and revenue compare to its market cap?
JUP fundamental statistics
Market CapUK£939.22m
Earnings (TTM)UK£149.60m
Revenue (TTM)UK£568.60m

6.3x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JUP income statement (TTM)
RevenueUK£568.60m
Cost of RevenueUK£0
Gross ProfitUK£568.60m
Other ExpensesUK£419.00m
EarningsUK£149.60m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jul 29, 2022

Earnings per share (EPS)0.28
Gross Margin100.00%
Net Profit Margin26.31%
Debt/Equity Ratio5.5%

How did JUP perform over the long term?

See historical performance and comparison

Dividends

9.7%

Current Dividend Yield

62%

Payout Ratio

Valuation

Is Jupiter Fund Management undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: JUP (£1.76) is trading below our estimate of fair value (£3.91)

Significantly Below Fair Value: JUP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JUP is good value based on its PE Ratio (6.3x) compared to the UK Capital Markets industry average (9.5x).

PE vs Market: JUP is good value based on its PE Ratio (6.3x) compared to the UK market (15.3x).


Price to Earnings Growth Ratio

PEG Ratio: JUP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: JUP's PB Ratio (1x) is in line with the GB Capital Markets industry average.


Future Growth

How is Jupiter Fund Management forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-17.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JUP's earnings are forecast to decline over the next 3 years (-17.7% per year).

Earnings vs Market: JUP's earnings are forecast to decline over the next 3 years (-17.7% per year).

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

Revenue vs Market: JUP's revenue is expected to decline over the next 3 years (-8.4% per year).

High Growth Revenue: JUP's revenue is forecast to decline over the next 3 years (-8.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JUP's Return on Equity is forecast to be low in 3 years time (11.7%).


Past Performance

How has Jupiter Fund Management performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-5.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JUP has high quality earnings.

Growing Profit Margin: JUP's current net profit margins (26.3%) are higher than last year (23%).


Past Earnings Growth Analysis

Earnings Trend: JUP's earnings have declined by 5.4% per year over the past 5 years.

Accelerating Growth: JUP's earnings growth over the past year (42.1%) exceeds its 5-year average (-5.4% per year).

Earnings vs Industry: JUP earnings growth over the past year (42.1%) underperformed the Capital Markets industry 62.1%.


Return on Equity

High ROE: JUP's Return on Equity (16.6%) is considered low.


Financial Health

How is Jupiter Fund Management's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JUP's short term assets (£645.8M) exceed its short term liabilities (£278.0M).

Long Term Liabilities: JUP's short term assets (£645.8M) exceed its long term liabilities (£161.9M).


Debt to Equity History and Analysis

Debt Level: JUP has more cash than its total debt.

Reducing Debt: Insufficient data to determine if JUP's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: JUP's debt is well covered by operating cash flow (383.2%).

Interest Coverage: JUP's interest payments on its debt are well covered by EBIT (37.7x coverage).


Balance Sheet


Dividend

What is Jupiter Fund Management current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


9.73%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: JUP's dividend (9.73%) is higher than the bottom 25% of dividend payers in the UK market (1.8%).

High Dividend: JUP's dividend (9.73%) is in the top 25% of dividend payers in the UK market (4.84%)


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (62%), JUP's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (49.3%), JUP's dividend payments are well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Andrew Formica (50 yo)

3.17yrs

Tenure

UK£2,514,000

Compensation

Mr. Andrew James Formica is a board member at NZS Capital, LLC. He has been Chief Executive Officer and Director of Jupiter Fund Management plc since March 1, 2019. Mr. Formica has serves as a Director of...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD3.13M) is above average for companies of similar size in the UK market ($USD1.36M).

Compensation vs Earnings: Andrew's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: JUP's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: JUP's board of directors are not considered experienced ( 2.2 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: JUP insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Jupiter Fund Management Plc's employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • Jupiter Fund Management Plc
  • The Zig Zag Building
  • 70 Victoria Street
  • London
  • Greater London
  • SW1E 6SQ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.