NSEI:JMA

Stock Analysis Report

Jullundur Motor Agency (Delhi)

Executive Summary

Jullundur Motor Agency (Delhi) Limited trades and distributes automobile parts, accessories, and petroleum products primarily in India.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Share Price & News

How has Jullundur Motor Agency (Delhi)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

11.0%

JMA

0.6%

IN Retail Distributors

3.2%

IN Market


1 Year Return

-26.1%

JMA

-11.7%

IN Retail Distributors

5.6%

IN Market

Return vs Industry: JMA underperformed the Indian Retail Distributors industry which returned -11.7% over the past year.

Return vs Market: JMA underperformed the Indian Market which returned 5.6% over the past year.


Shareholder returns

JMAIndustryMarket
7 Day11.0%0.6%3.2%
30 Day-0.6%0.5%6.0%
90 Day-9.9%-16.6%2.0%
1 Year-24.1%-26.1%-11.2%-11.7%7.8%5.6%
3 Year-32.7%-37.1%-34.1%-34.8%22.6%16.3%
5 Yearn/a-59.6%-59.9%43.1%29.6%

Price Volatility Vs. Market

How volatile is Jullundur Motor Agency (Delhi)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jullundur Motor Agency (Delhi) undervalued compared to its fair value and its price relative to the market?

37.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: JMA (₹24.7) is trading below our estimate of fair value (₹39.46)

Significantly Undervalued: JMA is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: JMA is good value based on its PE Ratio (4.5x) compared to the Retail Distributors industry average (51.7x).

PE vs Market: JMA is good value based on its PE Ratio (4.5x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JMA is good value based on its PB Ratio (0.5x) compared to the IN Retail Distributors industry average (0.9x).


Next Steps

Future Growth

How is Jullundur Motor Agency (Delhi) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-20.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JMA's earnings are forecast to decline over the next 3 years (-20.6% per year).

Earnings vs Market: JMA's earnings are forecast to decline over the next 3 years (-20.6% per year).

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

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Jullundur Motor Agency (Delhi) performed over the past 5 years?

0.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JMA's earnings have grown by 0.9% per year over the past 5 years.

Accelerating Growth: JMA's earnings growth over the past year (18.7%) exceeds its 5-year average (0.9% per year).

Earnings vs Industry: JMA earnings growth over the past year (18.7%) exceeded the Retail Distributors industry 8.1%.


Return on Equity

High ROE: JMA's Return on Equity (10.1%) is considered low.


Return on Assets

ROA vs Industry: JMA has a higher Return on Assets than the Retail Distributors industry average last year.


Return on Capital Employed

ROCE Improving: JMA's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Jullundur Motor Agency (Delhi)'s financial position?


Financial Position Analysis

Short Term Liabilities: JMA's short term assets (₹1.9B) exceeds its short term liabilities (₹842.9M)

Long Term Liabilities: JMA's short term assets (1.9B) exceeds its long term liabilities (12.8M)


Debt to Equity History and Analysis

Debt Level: JMA is debt free.

Reducing Debt: JMA has no debt compared to 5 years ago when its debt to equity ratio was 9.7%.

Debt Coverage: JMA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: JMA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: JMA has a high level of physical assets or inventory.

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


Next Steps

Dividend

What is Jullundur Motor Agency (Delhi)'s current dividend yield, its reliability and sustainability?

3.24%

Current Dividend Yield


Dividend Yield vs Market

company3.2%marketbottom25%0.6%markettop25%2.4%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: JMA's dividend (3.24%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: JMA's dividend (3.24%) is in the top 25% of dividend payers in the Indian market (2.43%)

Stable Dividend: Whilst dividend payments have been stable, JMA has been paying a dividend for less than 10 years.

Growing Dividend: JMA has only been paying a dividend for 4 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.7%), JMA'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

What is the CEO of Jullundur Motor Agency (Delhi)'s salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average management tenure


CEO

Deepak Arora (59yo)

0yrs

Tenure

₹11,411,827

Compensation

Mr. Deepak Arora serves as Joint Managing Director of Jullundur Motor Agency Delhi Ltd. and has been its Director since August 1, 2005. Mr. Arora previously employed at ACL Components Ltd. He has 21 years  ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Deepak's total compensation is reasonable compared to companies of similar size in the Indian market.

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


Management Age and Tenure

3.0yrs

Average Tenure

61yo

Average Age

Experienced Management: JMA's management team is considered experienced (3 years average tenure).


Board Age and Tenure

14.2yrs

Average Tenure

78yo

Average Age

Experienced Board: JMA's board of directors are seasoned and experienced ( 14.2 years average tenure).


Insider Trading

Insider Buying: JMA insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buy₹6,23111 Sep 19
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares274
Max Price₹22.74
Buy₹45,91109 Sep 19
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares1,997
Max Price₹22.99
Buy₹39,92606 Sep 19
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares1,788
Max Price₹22.33
Buy₹3,333,39005 Sep 19
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares140,000
Max Price₹23.81
Buy₹475,60005 Sep 19
Aditi Malik
EntityIndividual
Role
Head of Marketing
President of HR & Marketing
Shares20,000
Max Price₹23.78
Buy₹829,50005 Sep 19
Virat Sondhi
EntityIndividual
Role
Member of the Board of Directors
MD & Executive Director
Shares35,000
Max Price₹23.70
Buy₹236,50005 Sep 19
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares10,000
Max Price₹23.65
Buy₹252,12801 Mar 19
Virat Sondhi
EntityIndividual
Role
Member of the Board of Directors
MD & Executive Director
Shares8,115
Max Price₹31.80
Buy₹510,50227 Feb 19
Virat Sondhi
EntityIndividual
Role
Member of the Board of Directors
MD & Executive Director
Shares16,885
Max Price₹30.40
Buy₹806,80328 Dec 18
Varoon Malik
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares22,500
Max Price₹35.86
Buy₹327,02527 Dec 18
Aditi Malik
EntityIndividual
Role
Head of Marketing
President of HR & Marketing
Shares9,490
Max Price₹34.46
Buy₹357,09221 Dec 18
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares10,320
Max Price₹34.60
Buy₹7,60514 Dec 18
Aditi Malik
EntityIndividual
Role
Head of Marketing
President of HR & Marketing
Shares225
Max Price₹33.80
Buy₹185,96413 Dec 18
Aditi Malik
EntityIndividual
Role
Head of Marketing
President of HR & Marketing
Shares5,475
Max Price₹33.97

Ownership Breakdown


Management Team

  • Deepak Arora (59yo)

    Joint MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹11.41m
  • Ravinder Rabra (69yo)

    Chief Manager of Accounts

    • Tenure: 42.5yrs
  • Virat Sondhi (81yo)

    MD & Executive Director

    • Tenure: 51.9yrs
    • Compensation: ₹11.41m
  • Narinder Singh

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: ₹2.74m
  • Varoon Malik (37yo)

    Chief Operating Officer

    • Tenure: 0.8yrs
    • Compensation: ₹10.00k
  • Sachin Saluja

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
    • Compensation: ₹1.71m
  • Aditi Malik (32yo)

    President of HR & Marketing

    • Tenure: 3yrs
  • L. Nagpal (63yo)

    General Manager of Sales & Marketing

    • Tenure: 0yrs

Board Members

  • Ranjit Puri (79yo)

    Non-Executive Non-Independent Director

    • Tenure: 14.4yrs
    • Compensation: ₹40.00k
  • Deepak Arora (59yo)

    Joint MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹11.41m
  • Shuchi Arora (57yo)

    Non-Executive Non-Independent Director

    • Tenure: 32.6yrs
    • Compensation: ₹60.00k
  • Sanjeev Kumar (64yo)

    Non-Executive Non-Independent Director

    • Tenure: 11.5yrs
    • Compensation: ₹30.00k
  • Subhash Vasudeva (81yo)

    Independent Chairman of the Board

    • Tenure: 5.4yrs
    • Compensation: ₹170.00k
  • Alok Sondhi (63yo)

    Independent Non-Executive Director

    • Tenure: 14.2yrs
    • Compensation: ₹50.00k
  • Avinash Anand (83yo)

    Independent Non-Executive Director

    • Tenure: 19.8yrs
    • Compensation: ₹170.00k
  • Virat Sondhi (81yo)

    MD & Executive Director

    • Tenure: 51.9yrs
    • Compensation: ₹11.41m
  • Sarvjit Sondhi (79yo)

    Non-Executive Non-Independent Director

    • Tenure: 7.7yrs
    • Compensation: ₹40.00k
  • Mohindar Khanna (77yo)

    Independent Non-Executive Director

    • Tenure: 5.1yrs
    • Compensation: ₹110.00k

Company Information

Jullundur Motor Agency (Delhi) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jullundur Motor Agency (Delhi) Limited
  • Ticker: JMA
  • Exchange: NSEI
  • Founded: 1927
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: ₹736.506m
  • Shares outstanding: 29.82m
  • Website: https://www.jmaindia.com

Number of Employees


Location

  • Jullundur Motor Agency (Delhi) Limited
  • 2E/5, Jhandewalan Extension
  • New Delhi
  • Delhi
  • 110055
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JMANSEI (National Stock Exchange of India)YesEquity SharesININRMar 2015

Biography

Jullundur Motor Agency (Delhi) Limited trades and distributes automobile parts, accessories, and petroleum products primarily in India. The company offers automotive components; fly wheel rings; gaskets an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 13:03
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.