company background image
JD.

JD Sports Fashion LSE:JD. Stock Report

Last Price

UK£1.06

Market Cap

UK£5.5b

7D

-15.5%

1Y

-51.9%

Updated

23 Sep, 2022

Data

Company Financials +
JD. fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health6/6
Dividends0/6

JD. Stock Overview

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men.

JD Sports Fashion Competitors

Price History & Performance

Summary of all time highs, changes and price drops for JD Sports Fashion
Historical stock prices
Current Share PriceUK£1.06
52 Week HighUK£2.36
52 Week LowUK£0.99
Beta1.56
1 Month Change-9.22%
3 Month Change-11.08%
1 Year Change-51.91%
3 Year Change-28.08%
5 Year Change41.39%
Change since IPO3,355.14%

Recent News & Updates

Shareholder Returns

JD.GB Specialty RetailGB Market
7D-15.5%-6.1%-3.1%
1Y-51.9%-32.6%-13.8%

Return vs Industry: JD. underperformed the UK Specialty Retail industry which returned -31.7% over the past year.

Return vs Market: JD. underperformed the UK Market which returned -12.9% over the past year.

Price Volatility

Is JD.'s price volatile compared to industry and market?
JD. volatility
JD. Average Weekly Movement6.3%
Specialty Retail Industry Average Movement6.3%
Market Average Movement5.2%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.7%

Stable Share Price: JD. is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: JD.'s weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198173,519Kath Smithhttps://www.jdplc.com

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, watches, jewellery, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.

JD Sports Fashion Fundamentals Summary

How do JD Sports Fashion's earnings and revenue compare to its market cap?
JD. fundamental statistics
Market CapUK£5.46b
Earnings (TTM)UK£325.50m
Revenue (TTM)UK£9.10b

16.8x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JD. income statement (TTM)
RevenueUK£9.10b
Cost of RevenueUK£4.63b
Gross ProfitUK£4.46b
Other ExpensesUK£4.14b
EarningsUK£325.50m

Last Reported Earnings

Jul 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.063
Gross Margin49.07%
Net Profit Margin3.58%
Debt/Equity Ratio4.7%

How did JD. perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

8%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is JD. undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JD.?

Other financial metrics that can be useful for relative valuation.

JD. key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA6x
PEG Ratio1.8x

Price to Earnings Ratio vs Peers

How does JD.'s PE Ratio compare to its peers?

JD. PE Ratio vs Peers
The above table shows the PE ratio for JD. vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.3x
FRAS Frasers Group
11.7x10.0%UK£3.4b
WOSG Watches of Switzerland Group
18.5x15.4%UK£1.9b
PETS Pets at Home Group
11.8x2.0%UK£1.5b
KGF Kingfisher
7.1x-1.3%UK£4.7b
JD. JD Sports Fashion
16.8x9.2%UK£5.5b

Price-To-Earnings vs Peers: JD. is expensive based on its Price-To-Earnings Ratio (16.8x) compared to the peer average (12.3x).


Price to Earnings Ratio vs Industry

How does JD.'s PE Ratio compare vs other companies in the GB Specialty Retail Industry?

Price-To-Earnings vs Industry: JD. is expensive based on its Price-To-Earnings Ratio (16.8x) compared to the UK Specialty Retail industry average (7.8x)


Price to Earnings Ratio vs Fair Ratio

What is JD.'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.

JD. PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.8x
Fair PE Ratio19.6x

Price-To-Earnings vs Fair Ratio: JD. is good value based on its Price-To-Earnings Ratio (16.8x) compared to the estimated Fair Price-To-Earnings Ratio (19.6x).


Share Price vs Fair Value

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

Below Fair Value: JD. (£1.06) is trading below our estimate of fair value (£5.69)

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


Analyst Price Targets

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

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Future Growth

How is JD Sports Fashion forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JD.'s forecast earnings growth (9.2% per year) is above the savings rate (0.9%).

Earnings vs Market: JD.'s earnings (9.2% per year) are forecast to grow faster than the UK market (8.6% per year).

High Growth Earnings: JD.'s earnings are forecast to grow, but not significantly.

Revenue vs Market: JD.'s revenue (3.6% per year) is forecast to grow slower than the UK market (4.5% per year).

High Growth Revenue: JD.'s revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JD.'s Return on Equity is forecast to be high in 3 years time (20.1%)


Discover growth companies

Past Performance

How has JD Sports Fashion performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JD. has a large one-off loss of £310.8M impacting its July 30 2022 financial results.

Growing Profit Margin: JD.'s current net profit margins (3.6%) are lower than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: JD.'s earnings have grown by 10.5% per year over the past 5 years.

Accelerating Growth: JD.'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JD. had negative earnings growth (-21.5%) over the past year, making it difficult to compare to the Specialty Retail industry average (35.9%).


Return on Equity

High ROE: JD.'s Return on Equity (15%) is considered low.


Discover strong past performing companies

Financial Health

How is JD Sports Fashion's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JD.'s short term assets (£3.1B) exceed its short term liabilities (£2.0B).

Long Term Liabilities: JD.'s short term assets (£3.1B) exceed its long term liabilities (£3.0B).


Debt to Equity History and Analysis

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

Reducing Debt: JD.'s debt to equity ratio has reduced from 5.8% to 4.7% over the past 5 years.

Debt Coverage: JD.'s debt is well covered by operating cash flow (781.1%).

Interest Coverage: JD.'s interest payments on its debt are well covered by EBIT (14.1x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is JD Sports Fashion current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.24%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: JD.'s dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.03%).

High Dividend: JD.'s dividend (0.25%) is low compared to the top 25% of dividend payers in the UK market (5.68%).


Stability and Growth of Payments

Stable Dividend: JD. is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.

Growing Dividend: JD. is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: JD. is not paying a notable dividend for the UK market.


Cash Payout to Shareholders

Cash Flow Coverage: JD. is not paying a notable dividend for the UK market.


Discover strong dividend paying companies

Management

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

3.8yrs

Average management tenure


CEO

Kath Smith (65 yo)

0.33yr

Tenure

UK£58,000

Compensation

Ms. Kath Smith serves as Interim CEO of JD Sports Fashion plc since May 25, 2022. She is a Senior Independent Director at JD Sports Fashion plc since February 25, 2022. She served as Independent Non-Execut...


Leadership Team

Experienced Management: JD.'s management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: JD.'s board of directors are not considered experienced ( 0.9 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Top 25 shareholders own 77.84% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
51.89%
Pentland Group Limited
2,676,391,195£2.8b0%no data
4.6%
BlackRock, Inc.
237,175,855£251.2m0%0.01%
3.95%
FMR LLC
203,665,178£215.7m-20.02%0.03%
1.9%
The Vanguard Group, Inc.
98,241,781£104.0m1.75%no data
1.44%
Barclays Bank PLC, Wealth and Investment Management Division
74,224,794£78.6m273.82%1.03%
1.1%
Principal Global Investors, LLC
56,650,640£60.0m-9.16%0.05%
1.03%
Invesco Ltd.
53,247,386£56.4m-2.05%0.02%
0.99%
Norges Bank Investment Management
51,252,004£54.3m15.71%0.01%
0.91%
UBS Asset Management
47,091,703£49.9m1.07%0.01%
0.88%
Varenne Capital Partners
45,159,971£47.8m143.61%2.42%
0.85%
Columbia Management Investment Advisers, LLC
44,042,767£46.6m-18%0.02%
0.85%
Legal & General Investment Management Limited
43,700,140£46.3m1.58%0.02%
0.76%
National Bank Investments Inc.
38,977,403£41.3m56.8%0.23%
0.66%
Natixis, Investment Banking and Corporate Banking Investments
34,294,615£36.3m287.73%0.14%
0.65%
Polar Capital Holdings plc
33,486,937£35.5m225.42%0.24%
0.59%
JPMorgan Chase & Co, Brokerage and Securities Investments
30,303,360£32.1m70.71%0.04%
0.58%
Societe Generale Group, Banking Investments
29,832,811£31.6m-13.39%0.36%
0.58%
Deka Investment GmbH
29,784,539£31.5m-12.32%0.06%
0.58%
Royal London Asset Management Limited
29,693,271£31.4m3.75%0.08%
0.56%
State Street Global Advisors, Inc.
28,725,932£30.4m-8.76%no data
0.54%
Quilter Cheviot Limited
28,095,729£29.8m7.93%0.37%
0.54%
HSBC Global Asset Management (UK) Limited
28,025,451£29.7m86.89%0.03%
0.48%
Jupiter Fund Management Plc
24,632,905£26.1m136.11%0.11%
0.47%
Credit Suisse Asset Management (Switzerland)
24,340,033£25.8m-1.97%0.03%
0.47%
The Bank of Nova Scotia, Banking Investments
24,101,828£25.5m-9.31%0.08%

Company Information

JD Sports Fashion plc's employee growth, exchange listings and data sources


Key Information

  • Name: JD Sports Fashion plc
  • Ticker: JD.
  • Exchange: LSE
  • Founded: 1981
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: UK£5.462b
  • Shares outstanding: 5.16b
  • Website: https://www.jdplc.com

Number of Employees


Location

  • JD Sports Fashion plc
  • Hollinsbrook Way
  • Pilsworth
  • Bury
  • Greater Manchester
  • BL9 8RR
  • United Kingdom


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JD.LSE (London Stock Exchange)YesOrdinary SharesGBGBPOct 1996
JDLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPOct 1996
9JDDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 1996
JDDS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 1996
JDSP.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDApr 2016

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/23 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/07/30
Annual Earnings2022/01/29


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.