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JOWM

Jordan Worsted MillsASE:JOWM Stock Report

Market Cap

د.أ32.9m

7D

0.9%

1Y

6.8%

Updated

23 Sep, 2021

Data

Company Financials
JOWM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends1/6

JOWM Overview

The Jordan Worsted Mills Co. Ltd., together with its subsidiaries, provides worsted and clothing products in Jordan.

Price History & Performance

Summary of all time highs, changes and price drops for Jordan Worsted Mills
Historical stock prices
Current Share Priceد.أ2.19
52 Week Highد.أ1.81
52 Week Lowد.أ2.30
Beta-0.094
1 Month Change-3.52%
3 Month Change1.39%
1 Year Change6.83%
3 Year Change-27.96%
5 Year Change-41.13%
Change since IPO-73.51%

Recent News & Updates

Shareholder Returns

JOWMJO LuxuryJO Market
7D0.9%-2.2%-0.2%
1Y6.8%50.3%35.8%

Return vs Industry: JOWM underperformed the JO Luxury industry which returned 50.1% over the past year.

Return vs Market: JOWM underperformed the JO Market which returned 35.3% over the past year.

Price Volatility

Is JOWM's price volatile compared to industry and market?
JOWM volatility
JOWM Beta-0.094
Industry Beta0.79
Market Beta1

Stable Share Price: JOWM is not significantly more volatile than the rest of JO stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: JOWM's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196235Sameer A’Lamathttps://www.jowm-jo.com

The Jordan Worsted Mills Co. Ltd., together with its subsidiaries, provides worsted and clothing products in Jordan. It also builds, equips, and manages factories to manufacture products and trade in it. The company offers its products to government departments, schools, and tailoring companies, as well as export to Arab countries.

Jordan Worsted Mills Fundamentals Summary

How do Jordan Worsted Mills's earnings and revenue compare to its market cap?
JOWM fundamental statistics
Market Capد.أ32.85m
Earnings (TTM)د.أ1.99m
Revenue (TTM)د.أ2.75m

16.5x

P/E Ratio

11.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JOWM income statement (TTM)
Revenueد.أ2.75m
Cost of Revenueد.أ1.67m
Gross Profitد.أ1.08m
Expenses-د.أ907.12k
Earningsد.أ1.99m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin39.23%
Net Profit Margin72.20%
Debt/Equity Ratio0.6%

How did JOWM perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

106%

Payout Ratio

Valuation

Is Jordan Worsted Mills undervalued compared to its fair value and its price relative to the market?

3.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JOWM (JOD2.19) is trading below our estimate of fair value (JOD2.27)

Significantly Below Fair Value: JOWM is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: JOWM is poor value based on its PE Ratio (16.5x) compared to the Asian Luxury industry average (16x).

PE vs Market: JOWM is poor value based on its PE Ratio (16.5x) compared to the JO market (13.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JOWM is good value based on its PB Ratio (0.6x) compared to the XA Luxury industry average (1.2x).


Future Growth

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

24.3%

Forecasted Consumer Durables 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 Jordan Worsted Mills 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 Jordan Worsted Mills performed over the past 5 years?

-22.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JOWM has a large one-off gain of JOD755.8K impacting its June 30 2021 financial results.

Growing Profit Margin: JOWM's current net profit margins (72.2%) are higher than last year (12.9%).


Past Earnings Growth Analysis

Earnings Trend: JOWM's earnings have declined by 22.1% per year over the past 5 years.

Accelerating Growth: JOWM's earnings growth over the past year (229.7%) exceeds its 5-year average (-22.1% per year).

Earnings vs Industry: JOWM earnings growth over the past year (229.7%) exceeded the Luxury industry 35.1%.


Return on Equity

High ROE: JOWM's Return on Equity (3.7%) is considered low.


Financial Health

How is Jordan Worsted Mills's financial position?


Financial Position Analysis

Short Term Liabilities: JOWM's short term assets (JOD10.1M) exceed its short term liabilities (JOD762.5K).

Long Term Liabilities: JOWM's short term assets (JOD10.1M) exceed its long term liabilities (JOD101.5K).


Debt to Equity History and Analysis

Debt Level: JOWM's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: JOWM's debt to equity ratio has increased from 0.02% to 0.6% over the past 5 years.

Debt Coverage: JOWM's debt is well covered by operating cash flow (1175%).

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


Balance Sheet


Dividend

What is Jordan Worsted Mills's current dividend yield, its reliability and sustainability?

6.39%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JOWM's dividend (6.39%) is higher than the bottom 25% of dividend payers in the JO market (3.57%).

High Dividend: JOWM's dividend (6.39%) is low compared to the top 25% of dividend payers in the JO market (6.82%).


Stability and Growth of Payments

Stable Dividend: JOWM has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: JOWM has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (105.7%), JOWM's dividend payments are not well 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

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

12.4yrs

Average board tenure


CEO

Sameer A’Lamat (79 yo)

no data

Tenure

د.أ66,200

Compensation

Sameer Odehtuallah Daklullah A’Lamat has been General Manager at The Jordan Worsted Mills Co. Ltd. since May 1964. Sameer Odehtuallah Daklullah A’Lamat serves as a Director at The Jordan Worsted Mills Co....


CEO Compensation Analysis

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

Compensation vs Earnings: Insufficient data to compare Sameer's compensation with company performance.


Board Members

Experienced Board: JOWM's board of directors are seasoned and experienced ( 12.4 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

The Jordan Worsted Mills Co. Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: The Jordan Worsted Mills Co. Ltd.
  • Ticker: JOWM
  • Exchange: ASE
  • Founded: 1962
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: د.أ32.850m
  • Shares outstanding: 15.00m
  • Website: https://www.jowm-jo.com

Number of Employees


Location

  • The Jordan Worsted Mills Co. Ltd.
  • 7 King Hussein Street
  • 18 Allal Al Fasi St. Ground Floor
  • Amman
  • 11118
  • Jordan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 11:32
End of Day Share Price2021/09/20 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.