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JAMT

Jamaican TeasJMSE:JAMT Stock Report

Last Price

JA$3.81

Market Cap

JA$8.1b

7D

-2.3%

1Y

33.7%

Updated

19 Jan, 2022

Data

Company Financials
JAMT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

JAMT Stock Overview

Jamaican Teas Limited manufactures and distributes tea and other consumer products in Jamaica.

Jamaican Teas Competitors

GraceKennedy

JMSE:GK

JA$98.1b

Nestlé Lanka

COSE:NEST.N0000

LK₨64.5b

S&P International Holding

SEHK:1695

HK$75.6m

Price History & Performance

Summary of all time highs, changes and price drops for Jamaican Teas
Historical stock prices
Current Share PriceJA$3.81
52 Week HighJA$4.75
52 Week LowJA$2.60
Beta0.61
1 Month Change-1.80%
3 Month Change-13.41%
1 Year Change33.68%
3 Year Change185.75%
5 Year Change185.75%
Change since IPO1,198.88%

Recent News & Updates

Shareholder Returns

JAMTJM FoodJM Market
7D-2.3%0.4%-1.7%
1Y33.7%11.2%4.7%

Return vs Industry: JAMT exceeded the JM Food industry which returned 7.6% over the past year.

Return vs Market: JAMT exceeded the JM Market which returned 5.5% over the past year.

Price Volatility

Is JAMT's price volatile compared to industry and market?
JAMT volatility
JAMT Average Weekly Movement5.3%
Food Industry Average Movement7.7%
Market Average Movement8.2%
10% most volatile stocks in JM Market15.5%
10% least volatile stocks in JM Market4.7%

Stable Share Price: JAMT is less volatile than 75% of JM stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: JAMT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1967n/aJohn Mahfoodhttps://www.jamaicanteas.com

Jamaican Teas Limited manufactures and distributes tea and other consumer products in Jamaica. It operates through four segments: Manufacturing, Retailing, Real Estate, and Investments. The company also operates a chain of supermarkets; develops, rents, and sells housing and commercial properties; and provides herbal combinations and infusions.

Jamaican Teas Fundamentals Summary

How do Jamaican Teas's earnings and revenue compare to its market cap?
JAMT fundamental statistics
Market CapJA$8.13b
Earnings (TTM)JA$391.08m
Revenue (TTM)JA$2.27b

20.8x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JAMT income statement (TTM)
RevenueJA$2.27b
Cost of RevenueJA$1.71b
Gross ProfitJA$561.49m
ExpensesJA$170.41m
EarningsJA$391.08m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.18
Gross Margin24.70%
Net Profit Margin17.20%
Debt/Equity Ratio16.0%

How did JAMT perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

n/a

Payout Ratio

Valuation

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

20.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JAMT (JMD3.81) is trading above our estimate of fair value (JMD0.28)

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


Price To Earnings Ratio

PE vs Industry: JAMT is poor value based on its PE Ratio (20.8x) compared to the JM Food industry average (20.7x).

PE vs Market: JAMT is poor value based on its PE Ratio (20.8x) compared to the JM market (17.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JAMT is overvalued based on its PB Ratio (3.9x) compared to the JM Food industry average (2.5x).


Future Growth

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

3.5%

Forecasted Food, Beverage & Tobacco 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 Jamaican Teas 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.


Past Performance

How has Jamaican Teas performed over the past 5 years?

19.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JAMT has a large one-off gain of JMD446.6M impacting its September 30 2021 financial results.

Growing Profit Margin: JAMT's current net profit margins (17.2%) are higher than last year (10.1%).


Past Earnings Growth Analysis

Earnings Trend: JAMT's earnings have grown by 19.9% per year over the past 5 years.

Accelerating Growth: JAMT's earnings growth over the past year (75.9%) exceeds its 5-year average (19.9% per year).

Earnings vs Industry: JAMT earnings growth over the past year (75.9%) exceeded the Food industry 25.1%.


Return on Equity

High ROE: JAMT's Return on Equity (18.2%) is considered low.


Financial Health

How is Jamaican Teas's financial position?


Financial Position Analysis

Short Term Liabilities: JAMT's short term assets (JMD1.2B) exceed its short term liabilities (JMD344.8M).

Long Term Liabilities: JAMT's short term assets (JMD1.2B) exceed its long term liabilities (JMD454.6M).


Debt to Equity History and Analysis

Debt Level: JAMT's net debt to equity ratio (10.5%) is considered satisfactory.

Reducing Debt: JAMT's debt to equity ratio has reduced from 32% to 16% over the past 5 years.

Debt Coverage: JAMT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: JAMT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

0.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JAMT's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the JM market (1.31%).

High Dividend: JAMT's dividend (0.52%) is low compared to the top 25% of dividend payers in the JM market (2.86%).


Stability and Growth of Payments

Stable Dividend: JAMT is not paying a notable dividend for the JM market, therefore no need to check if payments are stable.

Growing Dividend: JAMT is not paying a notable dividend for the JM market, therefore no need to check if payments are 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 JAMT's dividend in 3 years as they are not forecast to pay a notable one for the JM market.


Next Steps

Management

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

11.7yrs

Average board tenure


CEO

John Mahfood

15yrs

Tenure

Mr. John P. Mahfood has been the Chief Executive Officer of Jamaican Teas Limited since January 2007. He has been integral to the decision-making and equity investment done by the Jamaican Teas Group and i...


Board Members

Experienced Board: JAMT's board of directors are seasoned and experienced ( 11.7 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 2.8%.


Top Shareholders

Company Information

Jamaican Teas Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Jamaican Teas Limited
  • Ticker: JAMT
  • Exchange: JMSE
  • Founded: 1967
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: JA$8.135b
  • Shares outstanding: 2.14b
  • Website: https://www.jamaicanteas.com

Location

  • Jamaican Teas Limited
  • 2 Bell Road
  • Kingston
  • 11
  • Jamaica

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:46
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.