The Jordan Worsted Mills Co. Ltd., together with its subsidiaries, provides worsted and clothing products in Jordan.
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Price History & Performance
|Historical stock prices|
|Current Share Price||د.أ2.19|
|52 Week High||د.أ1.81|
|52 Week Low||د.أ2.30|
|1 Month Change||-3.52%|
|3 Month Change||1.39%|
|1 Year Change||6.83%|
|3 Year Change||-27.96%|
|5 Year Change||-41.13%|
|Change since IPO||-73.51%|
Recent News & Updates
|JOWM||JO Luxury||JO Market|
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.
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
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
|JOWM fundamental statistics|
Is JOWM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|JOWM income statement (TTM)|
|Cost of Revenue||د.أ1.67m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.13|
|Net Profit Margin||72.20%|
How did JOWM perform over the long term?See historical performance and comparison
6.4%Current Dividend Yield
Is Jordan Worsted Mills undervalued compared to its fair value and its price relative to the market?
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).
How is Jordan Worsted Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Jordan Worsted Mills performed over the past 5 years?
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.
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.
What is Jordan Worsted Mills's current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sameer A’Lamat (79 yo)
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.
Experienced Board: JOWM's board of directors are seasoned and experienced ( 12.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Jordan Worsted Mills Co. Ltd.'s employee growth, exchange listings and data sources
- 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
- The Jordan Worsted Mills Co. Ltd.
- 7 King Hussein Street
- 18 Allal Al Fasi St. Ground Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 11:32|
|End of Day Share Price||2021/09/20 00:00|
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.