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JUB

Jubilee HoldingsNASE:JUB Stock Report

Market Cap

KSh25.3b

7D

-0.4%

1Y

26.7%

Updated

15 Oct, 2021

Data

Company Financials
JUB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

JUB Overview

Jubilee Holdings Limited, an investment holding company, underwrites life and non-life insurance risks associated with death, disability, health, property, and liability.

Jubilee Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jubilee Holdings
Historical stock prices
Current Share PriceKSh348.50
52 Week HighKSh251.00
52 Week LowKSh392.00
Beta0.31
1 Month Change-3.19%
3 Month Change-9.48%
1 Year Change26.73%
3 Year Change-22.90%
5 Year Change-18.44%
Change since IPO1,806.19%

Recent News & Updates

Shareholder Returns

JUBKE InsuranceKE Market
7D-0.4%-2.4%-0.3%
1Y26.7%11.8%28.8%

Return vs Industry: JUB exceeded the KE Insurance industry which returned 11.8% over the past year.

Return vs Market: JUB underperformed the KE Market which returned 28.8% over the past year.

Price Volatility

Is JUB's price volatile compared to industry and market?
JUB volatility
JUB Beta0.31
Industry Beta0.81
Market Beta1

Stable Share Price: JUB is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19371,122Julius Kipng’etichhttps://jubileeinsurance.com

Jubilee Holdings Limited, an investment holding company, underwrites life and non-life insurance risks associated with death, disability, health, property, and liability. The company offers general insurance products, such as engineering, fire, marine, motor, personal accident, theft, workmen’s compensation and employer’s liability, and miscellaneous insurance products; medical insurance; retirement products; and individual life, group life, pensions, and investments products. It also issues a portfolio of investment contracts to provide asset management solutions for savings and retirement needs.

Jubilee Holdings Fundamentals Summary

How do Jubilee Holdings's earnings and revenue compare to its market cap?
JUB fundamental statistics
Market CapKSh25.26b
Earnings (TTM)KSh6.30b
Revenue (TTM)KSh36.93b

4.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JUB income statement (TTM)
RevenueKSh36.93b
Cost of RevenueKSh27.64b
Gross ProfitKSh9.29b
ExpensesKSh2.99b
EarningsKSh6.30b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)86.98
Gross Margin25.16%
Net Profit Margin17.07%
Debt/Equity Ratio0.0%

How did JUB perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

10%

Payout Ratio

Valuation

Is Jubilee Holdings undervalued compared to its fair value and its price relative to the market?

4.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JUB (KES348.5) is trading above our estimate of fair value (KES42.75)

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


Price To Earnings Ratio

PE vs Industry: JUB is good value based on its PE Ratio (4x) compared to the African Insurance industry average (7.4x).

PE vs Market: JUB is good value based on its PE Ratio (4x) compared to the KE market (6.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JUB is good value based on its PB Ratio (0.7x) compared to the KE Insurance industry average (0.8x).


Future Growth

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

27.0%

Forecasted Insurance 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 Jubilee Holdings 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 Jubilee Holdings performed over the past 5 years?

6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JUB has a high level of non-cash earnings.

Growing Profit Margin: JUB's current net profit margins (17.1%) are higher than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: JUB's earnings have grown by 6% per year over the past 5 years.

Accelerating Growth: JUB's earnings growth over the past year (76.4%) exceeds its 5-year average (6% per year).

Earnings vs Industry: JUB earnings growth over the past year (76.4%) exceeded the Insurance industry 18.2%.


Return on Equity

High ROE: JUB's Return on Equity (17%) is considered low.


Financial Health

How is Jubilee Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: JUB's short term assets (KES21.8B) exceed its short term liabilities (KES8.7B).

Long Term Liabilities: JUB's short term assets (KES21.8B) do not cover its long term liabilities (KES103.2B).


Debt to Equity History and Analysis

Debt Level: JUB is debt free.

Reducing Debt: JUB had no debt 5 years ago.

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

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


Balance Sheet


Dividend

What is Jubilee Holdings's current dividend yield, its reliability and sustainability?

2.58%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JUB's dividend (2.58%) isn’t notable compared to the bottom 25% of dividend payers in the KE market (4.2%).

High Dividend: JUB's dividend (2.58%) is low compared to the top 25% of dividend payers in the KE market (7.77%).


Stability and Growth of Payments

Stable Dividend: JUB's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.3%), JUB's dividend payments are thoroughly 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?

2.8yrs

Average management tenure


CEO

Julius Kipng’etich

2.75yrs

Tenure

Dr. Julius Kipng’etich is Regional Chief Executive Officer at Jubilee Holdings Ltd. since February 2019. Dr. Kipng’etich was Interim Chief Executive Officer of Jubilee Holdings Ltd.since January 2019 unti...


Leadership Team

Experienced Management: JUB's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: JUB's board of directors are seasoned and experienced ( 14.9 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

Jubilee Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Jubilee Holdings Limited
  • Ticker: JUB
  • Exchange: NASE
  • Founded: 1937
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: KSh25.257b
  • Shares outstanding: 72.47m
  • Website: https://jubileeinsurance.com

Number of Employees


Location

  • Jubilee Holdings Limited
  • Jubilee Insurance House
  • Wabera Street
  • Nairobi
  • Kenya

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 15:43
End of Day Share Price2021/10/15 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.