BSE:523712

Stock Analysis Report

Executive Summary

JMG Corporation Limited operates as a management consulting company in India.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 523712 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

523712

1.0%

IN Professional Services

-0.8%

IN Market


1 Year Return

-27.8%

523712

13.0%

IN Professional Services

11.1%

IN Market

Return vs Industry: 523712 underperformed the Indian Professional Services industry which returned 11.3% over the past year.

Return vs Market: 523712 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

523712IndustryMarket
7 Day0%1.0%-0.8%
30 Day0%0.2%-2.3%
90 Dayn/a9.2%2.1%
1 Year-27.8%-27.8%14.3%13.0%13.1%11.1%
3 Year-0.9%-0.9%60.0%57.7%22.9%16.2%
5 Year-52.6%-52.6%-53.2%-53.5%34.9%22.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 523712's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 523712's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 523712 is unprofitable, so we can't compare its PE Ratio to the Professional Services industry average.

PE vs Market: 523712 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 523712's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 523712 is good value based on its PB Ratio (0.3x) compared to the IN Professional Services industry average (0.8x).


Next Steps

Future Growth

How is JMG forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.9%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as JMG has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has JMG performed over the past 5 years?

25.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523712 is currently unprofitable.

Growing Profit Margin: 523712 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 523712 is unprofitable, but has reduced losses over the past 5 years at a rate of 25.3% per year.

Accelerating Growth: Unable to compare 523712's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 523712 is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (6.1%).


Return on Equity

High ROE: 523712 has a negative Return on Equity (-2.7%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is JMG's financial position?


Financial Position Analysis

Short Term Liabilities: 523712's short term assets (₹19.9M) exceed its short term liabilities (₹5.4M).

Long Term Liabilities: 523712's short term assets (₹19.9M) exceed its long term liabilities (₹324.0K).


Debt to Equity History and Analysis

Debt Level: 523712 is debt free.

Reducing Debt: 523712 had no debt 5 years ago.


Balance Sheet

Inventory Level: 523712 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 523712's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 523712 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 523712 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 523712's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 523712's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 523712's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 523712's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 523712's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Atul Mishra (62yo)

1.3yrs

Tenure

₹1,150,000

Compensation

Mr. Atul Kumar Mishra has been the Managing Director of JMG Corp. Ltd since November 12, 2018. He has been a Director at JMG Corporation Limited since March 31, 2015. 


CEO Compensation Analysis

Compensation vs Market: Atul's total compensation ($USD16.08K) is below average for companies of similar size in the Indian market ($USD50.21K).

Compensation vs Earnings: Insufficient data to compare Atul's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Atul Mishra
MD & Director1.3yrs₹1.15m42.83% 9.2m
Nisha Kumari
Company Secretary & Compliance Officer1.4yrsno datano data
Sonu Varshney
Chief Financial Officer0.8yrsno datano data

1.3yrs

Average Tenure

Experienced Management: 523712's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Atul Mishra
MD & Director1.3yrs₹1.15m42.83% 9.2m
Pramod Nanda
Chairman0yrsno data9.8% 2.1m
Avantsa Krishna
Independent Director7.5yrsno datano data
Satish Grover
Independent Director6.8yrsno datano data
Anita Mishra
Non-Executive Director2.2yrsno datano data

5.8yrs

Average Tenure

80yo

Average Age

Experienced Board: 523712's board of directors are considered experienced (5.8 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 3.8%.


Top Shareholders

Company Information

JMG Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JMG Corporation Limited
  • Ticker: 523712
  • Exchange: BSE
  • Founded: 1989
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: ₹21.582m
  • Shares outstanding: 19.80m
  • Website: https://www.jmgcorp.in

Number of Employees


Location

  • JMG Corporation Limited
  • 574, Main Road
  • 2nd Floor
  • New Delhi
  • Delhi
  • 110017
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
523712BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2009

Biography

JMG Corporation Limited operates as a management consulting company in India. It offers infrastructure advisory services, such as project development support, project structuring, project competitive assessment, and market study and investment strategy services, as well as policy and regulatory analysis and support services; and financial advisory services, including financial modeling and business valuation, risk assessment and mitigation, due diligence, contract structuring, and business strategy. The company also provides IT solutions design and consultancy, ERP consulting and services, data center and disaster recovery consultancy, business continuity planning, facility management, system integration, managed IT, and professional services. In addition, it offers digital media services, such as multimedia information publishing system, Internet protocol television, digital signage, cloud computing, digital terminal product, and digital media consultancy services. Further, the company provides market entry strategy services, including market research, competitor’s analysis, and feasibility study/business plan services, as well as examination of government regulations, such as taxation norms. JMG Corporation Limited was incorporated in 1989 and is based in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 12:46
End of Day Share Price2020/01/15 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.