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JP

Jamaica Producers GroupJMSE:JP Stock Report

Market Cap

JA$24.2b

7D

-3.5%

1Y

6.2%

Updated

03 Dec, 2021

Data

Company Financials
JP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends1/6

JP Stock Overview

Jamaica Producers Group Limited, together with its subsidiaries, engages in the cultivation, production, marketing, and distribution of fresh produce, and food and juice manufacturing businesses primarily in Europe, the Caribbean, and North America.

Price History & Performance

Summary of all time highs, changes and price drops for Jamaica Producers Group
Historical stock prices
Current Share PriceJA$23.10
52 Week HighJA$31.00
52 Week LowJA$19.60
Beta0.17
1 Month Change-2.74%
3 Month Change-6.48%
1 Year Change6.21%
3 Year Change-7.60%
5 Year Change170.18%
Change since IPO2,375.00%

Recent News & Updates

Shareholder Returns

JPJM FoodJM Market
7D-3.5%0.4%0.6%
1Y6.2%14.7%3.2%

Return vs Industry: JP underperformed the JM Food industry which returned 14.2% over the past year.

Return vs Market: JP exceeded the JM Market which returned 3% over the past year.

Price Volatility

Is JP's price volatile compared to industry and market?
JP volatility
JP Average Weekly Movement12.4%
Food Industry Average Movement8.7%
Market Average Movement8.7%
10% most volatile stocks in JM Market14.4%
10% least volatile stocks in JM Market4.8%

Stable Share Price: JP is more volatile than 75% of JM stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: JP's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of JM stocks.

About the Company

FoundedEmployeesCEOWebsite
19251,000Jeffrey Hallhttps://www.jpjamaica.com

Jamaica Producers Group Limited, together with its subsidiaries, engages in the cultivation, production, marketing, and distribution of fresh produce, and food and juice manufacturing businesses primarily in Europe, the Caribbean, and North America. It operates through JP Food & Drink, and JP Logistics & Infrastructure segments. The company engages in the agriculture, processing, distribution, and/or retail of food and drinks.

Jamaica Producers Group Fundamentals Summary

How do Jamaica Producers Group's earnings and revenue compare to its market cap?
JP fundamental statistics
Market CapJA$24.18b
Earnings (TTM)JA$1.26b
Revenue (TTM)JA$24.14b

19.2x

P/E Ratio

1.0x

P/S Ratio


Dividends

0.9%

Current Dividend Yield

0%

Payout Ratio

Valuation

Is Jamaica Producers Group 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: JP (JMD23.1) is trading below our estimate of fair value (JMD160.88)

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


Price To Earnings Ratio

PE vs Industry: JP is good value based on its PE Ratio (19.2x) compared to the JM Food industry average (20.4x).

PE vs Market: JP is poor value based on its PE Ratio (19.2x) compared to the JM market (17.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JP is good value based on its PB Ratio (1.4x) compared to the JM Food industry average (2.6x).


Future Growth

How is Jamaica Producers Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.3%

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 Jamaica Producers Group 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 Jamaica Producers Group performed over the past 5 years?

-9.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JP has high quality earnings.

Growing Profit Margin: JP's current net profit margins (5.2%) are lower than last year (10.6%).


Past Earnings Growth Analysis

Earnings Trend: JP's earnings have declined by 9.8% per year over the past 5 years.

Accelerating Growth: JP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JP had negative earnings growth (-43.2%) over the past year, making it difficult to compare to the Food industry average (53%).


Return on Equity

High ROE: JP's Return on Equity (8.6%) is considered low.


Financial Health

How is Jamaica Producers Group's financial position?


Financial Position Analysis

Short Term Liabilities: JP's short term assets (JMD15.4B) exceed its short term liabilities (JMD5.1B).

Long Term Liabilities: JP's short term assets (JMD15.4B) exceed its long term liabilities (JMD5.3B).


Debt to Equity History and Analysis

Debt Level: JP's net debt to equity ratio (7.3%) is considered satisfactory.

Reducing Debt: JP's debt to equity ratio has reduced from 24.2% to 12.1% over the past 5 years.

Debt Coverage: JP's debt is well covered by operating cash flow (147.4%).

Interest Coverage: JP's interest payments on its debt are well covered by EBIT (14.3x coverage).


Balance Sheet


Dividend

What is Jamaica Producers Group current dividend yield, its reliability and sustainability?

0.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JP's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the JM market (1.24%).

High Dividend: JP's dividend (0.87%) is low compared to the top 25% of dividend payers in the JM market (3.1%).


Stability and Growth of Payments

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

Growing Dividend: JP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: Unable to calculate sustainability of dividends as JP has not reported any payouts.


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?

11.9yrs

Average management tenure


CEO

Jeffrey Hall

14.42yrs

Tenure

Mr. Jeffrey McGowan Hall, BA, MPP, J.D., is Chairman of the Board at Lumber Depot Limited. He serves as Director at Eppley Caribbean Property Fund Limited SCC. He has been the Chief Executive Officer and M...


Leadership Team

Experienced Management: JP's management team is seasoned and experienced (11.9 years average tenure).


Board Members

Experienced Board: JP's board of directors are seasoned and experienced ( 14.4 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

Jamaica Producers Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Jamaica Producers Group Limited
  • Ticker: JP
  • Exchange: JMSE
  • Founded: 1925
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: JA$24.183b
  • Shares outstanding: 1.05b
  • Website: https://www.jpjamaica.com

Number of Employees


Location

  • Jamaica Producers Group Limited
  • 4 Fourth Avenue
  • Newport West
  • Kingston
  • Jamaica

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/03 20:01
End of Day Share Price2021/12/02 00:00
Earnings2021/10/02
Annual Earnings2020/12/31


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.