NSEI:JETFREIGHT

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Executive Summary

Jet Freight Logistics Limited engages in the freight forwarding business in India. More Details


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Jet Freight Logistics's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

JETFREIGHT

0.2%

IN Logistics

1.6%

IN Market


1 Year Return

-32.4%

JETFREIGHT

0.4%

IN Logistics

2.4%

IN Market

Return vs Industry: JETFREIGHT underperformed the Indian Logistics industry which returned -0.8% over the past year.

Return vs Market: JETFREIGHT underperformed the Indian Market which returned 2.3% over the past year.


Shareholder returns

JETFREIGHTIndustryMarket
7 Day0%0.2%1.6%
30 Day0%6.6%4.2%
90 Dayn/a23.1%7.3%
1 Year-32.4%-32.4%1.2%0.4%4.2%2.4%
3 Year-77.4%-77.4%-25.4%-27.2%-1.5%-6.2%
5 Yearn/a-50.9%-52.4%40.4%30.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Jet Freight Logistics undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JETFREIGHT (₹13.25) is trading below our estimate of fair value (₹329.79)

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


Price To Earnings Ratio

PE vs Industry: JETFREIGHT is unprofitable, so we can't compare its PE Ratio to the IN Logistics industry average.

PE vs Market: JETFREIGHT 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 JETFREIGHT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JETFREIGHT is good value based on its PB Ratio (0.8x) compared to the IN Logistics industry average (1.3x).


Next Steps

Future Growth

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

17.1%

Forecasted Transportation 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 Jet Freight Logistics 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 Jet Freight Logistics performed over the past 5 years?

-5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JETFREIGHT is currently unprofitable.

Growing Profit Margin: JETFREIGHT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JETFREIGHT is unprofitable, and losses have increased over the past 5 years at a rate of 5.6% per year.

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

Earnings vs Industry: JETFREIGHT is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-52.7%).


Return on Equity

High ROE: JETFREIGHT has a negative Return on Equity (-52.38%), as it is currently unprofitable.


Next Steps

Financial Health

How is Jet Freight Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: JETFREIGHT's short term assets (₹607.9M) exceed its short term liabilities (₹606.8M).

Long Term Liabilities: JETFREIGHT's short term assets (₹607.9M) exceed its long term liabilities (₹107.8M).


Debt to Equity History and Analysis

Debt Level: JETFREIGHT's debt to equity ratio (189.9%) is considered high.

Reducing Debt: JETFREIGHT's debt to equity ratio has reduced from 241.3% to 189.9% over the past 5 years.

Debt Coverage: JETFREIGHT's debt is well covered by operating cash flow (34.3%).

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


Balance Sheet


Next Steps

Dividend

What is Jet Freight Logistics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: JETFREIGHT is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JETFREIGHT'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?

4.6yrs

Average board tenure


CEO

Richard Theknath (41 yo)

4.33yrs

Tenure

₹12,411,885

Compensation

Mr. Richard Francis Theknath has been Managing Director of Jet Freight Logistics Limited since June 20, 2016 and has been its Director since April 13, 2006. Mr. Theknath serves as the Chairman at Jet Frei ...


CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD168.49K) is above average for companies of similar size in the Indian market ($USD55.70K).

Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Richard Theknath
Chairman & MD4.33yrs₹12.41m12.64%
₹ 19.4m
Dax Theknath
Whole Time Director14.5yrs₹9.49m20.55%
₹ 31.6m
Yasho Verma
Additional Independent Director0.58yrno datano data
Agnes Theknath
Non- Executive Director8.08yrsno data25.81%
₹ 39.7m
Kamalika Roy
Additional Independent Director1.08yrs₹80.00kno data

4.6yrs

Average Tenure

41yo

Average Age

Experienced Board: JETFREIGHT's board of directors are considered experienced (4.6 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Jet Freight Logistics Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jet Freight Logistics Limited
  • Ticker: JETFREIGHT
  • Exchange: NSEI
  • Founded: 1986
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: ₹153.713m
  • Shares outstanding: 11.60m
  • Website: https://www.jetfreight.in

Number of Employees


Location

  • Jet Freight Logistics Limited
  • Pramukh Plaza, 706, C wing
  • 7th Floor, Opp. Holy Family Church
  • Mumbai
  • Maharashtra
  • 400099
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JETFREIGHTNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2016

Biography

Jet Freight Logistics Limited engages in the freight forwarding business in India. The company offers air and ocean freight, door-to-door cargo delivery, warehousing, customs clearance, chartering, and buy ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 12:59
End of Day Share Price2020/10/13 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.