5234

JM FinancialBSE:523405 Stock Report

Market Cap

₹86.4b

7D

1.1%

1Y

10.6%

Updated

17 Sep, 2021

Data

Company Financials +
523405 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health3/6
Dividends2/6

523405 Overview

JM Financial Limited provides various financial products and services to corporations, financial institutions, high net-worth individuals, and retail investors in India.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 523405 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 523405's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

1.1%

523405

1.3%

IN Capital Markets

2.0%

IN Market


1 Year Return

10.6%

523405

56.2%

IN Capital Markets

60.1%

IN Market

Return vs Industry: 523405 underperformed the Indian Capital Markets industry which returned 56.2% over the past year.

Return vs Market: 523405 underperformed the Indian Market which returned 60.1% over the past year.


Shareholder returns

523405IndustryMarket
7 Day1.1%1.3%2.0%
30 Day-1.7%7.8%7.8%
90 Day-3.8%19.2%13.2%
1 Year11.2%10.6%58.8%56.2%62.4%60.1%
3 Year-9.5%-11.4%44.2%38.0%56.1%48.5%
5 Year47.3%40.1%56.2%44.9%97.8%82.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

JM Financial Fundamentals Summary

How do JM Financial's earnings and revenue compare to its market cap?
523405 fundamental statistics
Market Cap₹86.39b
Earnings (TTM)₹7.00b
Revenue (TTM)₹20.79b

12.3x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
523405 income statement (TTM)
Revenue₹20.79b
Cost of Revenue₹88.20m
Gross Profit₹20.70b
Expenses₹13.71b
Earnings₹7.00b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)7.47
Gross Margin99.58%
Net Profit Margin33.65%
Debt/Equity Ratio128.3%

How did 523405 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

7%

Payout Ratio

Valuation

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

12.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 523405 (₹90.6) is trading above our estimate of fair value (₹19.68)

Significantly Below Fair Value: 523405 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 523405 is good value based on its PE Ratio (12.3x) compared to the Indian Capital Markets industry average (16.6x).

PE vs Market: 523405 is good value based on its PE Ratio (12.3x) compared to the Indian market (20.5x).


Price to Earnings Growth Ratio

PEG Ratio: 523405 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 523405 is overvalued based on its PB Ratio (1.2x) compared to the IN Capital Markets industry average (0.8x).


Future Growth

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

10.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 523405's forecast earnings growth (10% per year) is above the savings rate (6.8%).

Earnings vs Market: 523405's earnings (10% per year) are forecast to grow slower than the Indian market (18.4% per year).

High Growth Earnings: 523405's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 523405's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 523405's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 523405's Return on Equity is forecast to be high in 3 years time


Past Performance

How has JM Financial performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523405 has a large one-off gain of ₹3.5B impacting its June 30 2021 financial results.

Growing Profit Margin: 523405's current net profit margins (33.7%) are higher than last year (30.2%).


Past Earnings Growth Analysis

Earnings Trend: 523405's earnings have grown by 4.6% per year over the past 5 years.

Accelerating Growth: 523405's earnings growth over the past year (36.8%) exceeds its 5-year average (4.6% per year).

Earnings vs Industry: 523405 earnings growth over the past year (36.8%) underperformed the Capital Markets industry 62.9%.


Return on Equity

High ROE: 523405's Return on Equity (9.7%) is considered low.


Financial Health

How is JM Financial's financial position?


Financial Position Analysis

Short Term Liabilities: 523405's short term assets (₹228.8B) exceed its short term liabilities (₹56.7B).

Long Term Liabilities: 523405's short term assets (₹228.8B) exceed its long term liabilities (₹80.2B).


Debt to Equity History and Analysis

Debt Level: 523405's debt to equity ratio (128.3%) is considered high.

Reducing Debt: 523405's debt to equity ratio has reduced from 186.6% to 128.3% over the past 5 years.

Debt Coverage: 523405's debt is not well covered by operating cash flow (7.8%).

Interest Coverage: Insufficient data to determine if 523405's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is JM Financial current dividend yield, its reliability and sustainability?

0.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 523405's dividend (0.55%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 523405's dividend (0.55%) is low compared to the top 25% of dividend payers in the Indian market (1.44%).


Stability and Growth of Payments

Stable Dividend: 523405's dividend payments have been volatile in the past 10 years.

Growing Dividend: 523405's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.7%), 523405's dividend payments are thoroughly 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

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

8.9yrs

Average board tenure


CEO

Vishal Kampani

4.92yrs

Tenure

₹15,427,213

Compensation

Mr. Vishal Nimesh Kampani serves as a Non Executive Director of JM Financial Home Loans Limited since August 2020 and served as its Additional Non Executive Director since July 9, 2019 until August 2020. M...


CEO Compensation Analysis

Compensation vs Market: Vishal's total compensation ($USD209.61K) is below average for companies of similar size in the Indian market ($USD378.55K).

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


Board Members

Experienced Board: 523405's board of directors are considered experienced (8.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 523405 insiders have only sold shares 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

JM Financial Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JM Financial Limited
  • Ticker: 523405
  • Exchange: BSE
  • Founded: 1973
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: ₹86.393b
  • Shares outstanding: 953.57m
  • Website: https://www.jmfl.com

Number of Employees


Location

  • JM Financial Limited
  • Cnergy
  • 7th Floor
  • Mumbai
  • Maharashtra
  • 400025
  • India

Listings


Biography

JM Financial Limited provides various financial products and services to corporations, financial institutions, high net-worth individuals, and retail investors in India. The company operates through four s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 15:37
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.