JM Financial Limited provides a range of financial products and services to corporations, financial institutions, high net-worth individuals, and retail investors in India. More Details
Adequate balance sheet and fair value.
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 has not had significant price volatility in the past 3 months.
7 Day Return
IN Capital Markets
1 Year Return
IN Capital Markets
Return vs Industry: 523405 exceeded the Indian Capital Markets industry which returned -0.3% over the past year.
Return vs Market: 523405 exceeded the Indian Market which returned 2.6% over the past year.
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
Is JM Financial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 523405 (₹79.85) is trading above our estimate of fair value (₹20.81)
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 (13.5x) compared to the IN Capital Markets industry average (16x).
PE vs Market: 523405 is good value based on its PE Ratio (13.5x) compared to the Indian market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: 523405 is good value based on its PEG Ratio (0.7x)
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 (0.5x).
How is JM Financial forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 523405's forecast earnings growth (18.2% per year) is above the savings rate (7.2%).
Earnings vs Market: 523405's earnings (18.2% per year) are forecast to grow slower than the Indian market (25.7% 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: 523405's Return on Equity is forecast to be low in 3 years time (9.9%).
How has JM Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523405 has high quality earnings.
Growing Profit Margin: 523405's current net profit margins (26.1%) are lower than last year (26.4%).
Past Earnings Growth Analysis
Earnings Trend: 523405's earnings have grown by 9.1% per year over the past 5 years.
Accelerating Growth: 523405's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 523405 had negative earnings growth (-8.1%) over the past year, making it difficult to compare to the Capital Markets industry average (-6.2%).
Return on Equity
High ROE: 523405's Return on Equity (8.9%) is considered low.
How is JM Financial's financial position?
Financial Position Analysis
Short Term Liabilities: 523405's short term assets (₹202.6B) exceed its short term liabilities (₹35.6B).
Long Term Liabilities: 523405's short term assets (₹202.6B) exceed its long term liabilities (₹90.6B).
Debt to Equity History and Analysis
Debt Level: 523405's debt to equity ratio (144.5%) is considered high.
Reducing Debt: 523405's debt to equity ratio has reduced from 147.9% to 144.5% over the past 5 years.
Debt Coverage: 523405's debt is well covered by operating cash flow (26.9%).
Interest Coverage: Insufficient data to determine if 523405's interest payments on its debt are well covered by EBIT.
What is JM Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 523405's dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.55%).
High Dividend: 523405's dividend (0.25%) is low compared to the top 25% of dividend payers in the Indian market (2.28%).
Stability and Growth of Payments
Stable Dividend: 523405 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 523405 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 523405 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 523405's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
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 ($USD272.51K) is about average for companies of similar size in the Indian market ($USD388.37K).
Compensation vs Earnings: Vishal's compensation has been consistent with company performance over the past year.
|Group MD & Director||4yrs||₹20.12m||1.31% |
|Non Executive & Independent Director||8yrs||₹2.79m||0.0012% |
|Non Executive & Independent Director||5.58yrs||₹2.64m||no data|
|Non Executive & Independent Director||16.42yrs||₹3.02m||no data|
|Non-Executive Chairman||4.08yrs||₹705.00k||17.64% |
|Non Executive & Independent Director||0.25yr||no data||no data|
|Non-Executive & Independent Director||14.33yrs||₹2.59m||no data|
|Non Executive & Independent Director||10.58yrs||₹3.06m||no data|
|Non Executive & Independent Director||13yrs||₹2.82m||no data|
Experienced Board: 523405's board of directors are considered experienced (8 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.2%.
JM Financial Limited's company bio, employee growth, exchange listings and data sources
- Name: JM Financial Limited
- Ticker: 523405
- Exchange: BSE
- Founded: 1973
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: ₹76.035b
- Shares outstanding: 952.22m
- Website: https://www.jmfl.com
Number of Employees
- JM Financial Limited
- 7th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|523405||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2002|
|JMFINANCIL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jan 2002|
JM Financial Limited provides a range of financial products and services to corporations, financial institutions, high net-worth individuals, and retail investors in India. It operates through four segment ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/24 13:07|
|End of Day Share Price||2020/10/23 00:00|
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.