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JETC

JetconJMSE:JETCON Stock Report

Market Cap

JA$630.2m

7D

0%

1Y

35.0%

Updated

02 Dec, 2021

Data

Company Financials
JETCON fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends1/6

JETCON Stock Overview

Jetcon Corporation Limited operates as an auto dealer in Jamaica.

Price History & Performance

Summary of all time highs, changes and price drops for Jetcon
Historical stock prices
Current Share PriceJA$1.08
52 Week HighJA$1.90
52 Week LowJA$0.56
Beta0.38
1 Month Change8.00%
3 Month Change9.09%
1 Year Change35.00%
3 Year Change-64.00%
5 Year Change-46.00%
Change since IPO15.72%

Recent News & Updates

Shareholder Returns

JETCONJM Specialty RetailJM Market
7D0%-6.2%1.0%
1Y35.0%-30.4%3.0%

Return vs Industry: JETCON exceeded the JM Specialty Retail industry which returned -28.7% over the past year.

Return vs Market: JETCON exceeded the JM Market which returned 4.3% over the past year.

Price Volatility

Is JETCON's price volatile compared to industry and market?
JETCON volatility
JETCON Average Weekly Movement17.2%
Specialty Retail Industry Average Movement7.5%
Market Average Movement8.8%
10% most volatile stocks in JM Market14.1%
10% least volatile stocks in JM Market4.7%

Stable Share Price: JETCON is more volatile than 90% of JM stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: JETCON's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of JM stocks.

About the Company

FoundedEmployeesCEOWebsite
199130Garth McKenziehttps://www.jetconcars.com

Jetcon Corporation Limited operates as an auto dealer in Jamaica. The company is involved in the import and sale of motor vehicles and motor vehicle parts. It offers used cars, as well as car services and vehicle finace.

Jetcon Fundamentals Summary

How do Jetcon's earnings and revenue compare to its market cap?
JETCON fundamental statistics
Market CapJA$630.18m
Earnings (TTM)JA$7.32m
Revenue (TTM)JA$726.40m

86.2x

P/E Ratio

0.9x

P/S Ratio


Dividends

2.8%

Current Dividend Yield

0%

Payout Ratio

Valuation

Is Jetcon 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: JETCON (JMD1.08) is trading below our estimate of fair value (JMD6.16)

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


Price To Earnings Ratio

PE vs Industry: JETCON is poor value based on its PE Ratio (86.2x) compared to the South American Specialty Retail industry average (25.1x).

PE vs Market: JETCON is poor value based on its PE Ratio (86.2x) compared to the JM market (17.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JETCON is good value based on its PB Ratio (1.1x) compared to the XS Specialty Retail industry average (2.4x).


Future Growth

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

19.3%

Forecasted Retail 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 Jetcon 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 Jetcon performed over the past 5 years?

-32.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JETCON has high quality earnings.

Growing Profit Margin: JETCON's current net profit margins (1%) are lower than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: JETCON's earnings have declined by 32.4% per year over the past 5 years.

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

Earnings vs Industry: JETCON had negative earnings growth (-81.7%) over the past year, making it difficult to compare to the Specialty Retail industry average (98.1%).


Return on Equity

High ROE: JETCON's Return on Equity (1.3%) is considered low.


Financial Health

How is Jetcon's financial position?


Financial Position Analysis

Short Term Liabilities: JETCON's short term assets (JMD486.0M) exceed its short term liabilities (JMD82.0M).

Long Term Liabilities: JETCON's short term assets (JMD486.0M) exceed its long term liabilities (JMD19.0M).


Debt to Equity History and Analysis

Debt Level: JETCON is debt free.

Reducing Debt: JETCON has no debt compared to 5 years ago when its debt to equity ratio was 6.6%.

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

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


Balance Sheet


Dividend

What is Jetcon current dividend yield, its reliability and sustainability?

2.78%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JETCON's dividend (2.78%) is higher than the bottom 25% of dividend payers in the JM market (1.24%).

High Dividend: JETCON's dividend (2.78%) is low compared to the top 25% of dividend payers in the JM market (3.09%).


Stability and Growth of Payments

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

Growing Dividend: JETCON's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: Unable to calculate sustainability of dividends as JETCON 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?


CEO

Garth McKenzie

no data

Tenure

Mr. Garth McKenzie, BSc, MBA, is the Owner of GMc Energy Ltd an Energy and Consulting Firm and serves as its Managing Director. He serves as Chief Executive Officer at Jetcon Corp. Ltd. Mr. McKenzie served...


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

Jetcon Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Jetcon Corporation Limited
  • Ticker: JETCON
  • Exchange: JMSE
  • Founded: 1991
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: JA$630.180m
  • Shares outstanding: 583.50m
  • Website: https://www.jetconcars.com

Number of Employees


Location

  • Jetcon Corporation Limited
  • 2 lower Sandringham Avenue
  • Kingston
  • 10
  • Jamaica

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/02 00:12
End of Day Share Price2021/12/01 00:00
Earnings2021/06/30
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.