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JET

Jet ContractorsCBSE:JET Stock Report

Market Cap

د.م802.8m

7D

1.4%

1Y

45.6%

Updated

18 Oct, 2021

Data

Company Financials
JET fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

JET Overview

Jet Contractors operates as a general contracting company in Africa.

Price History & Performance

Summary of all time highs, changes and price drops for Jet Contractors
Historical stock prices
Current Share Priceد.م265.00
52 Week Highد.م177.00
52 Week Lowد.م305.00
Beta0.65
1 Month Change-4.33%
3 Month Change-0.19%
1 Year Change45.60%
3 Year Change-17.19%
5 Year Change79.18%
Change since IPO1.92%

Recent News & Updates

Shareholder Returns

JETMA ConstructionMA Market
7D1.4%-3.0%1.0%
1Y45.6%34.7%26.4%

Return vs Industry: JET exceeded the MA Construction industry which returned 34.7% over the past year.

Return vs Market: JET exceeded the MA Market which returned 26.4% over the past year.

Price Volatility

Is JET's price volatile compared to industry and market?
JET volatility
JET Beta0.65
Industry Beta0.63
Market Beta1

Stable Share Price: JET is not significantly more volatile than the rest of MA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: JET's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19923,947Omar Tadlaouihttps://www.jet-contractors.com

Jet Contractors operates as a general contracting company in Africa. The company offers building envelopes, and wood and metallic structures for residential and industrial clients, as well as public infrastructure. It also provides architectural fibers; and undertakes photovoltaic and solar thermal projects.

Jet Contractors Fundamentals Summary

How do Jet Contractors's earnings and revenue compare to its market cap?
JET fundamental statistics
Market Capد.م802.82m
Earnings (TTM)-د.م53.62m
Revenue (TTM)د.م1.55b

0.5x

P/S Ratio

-15.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JET income statement (TTM)
Revenueد.م1.55b
Cost of Revenueد.م1.04b
Gross Profitد.م514.22m
Expensesد.م567.85m
Earnings-د.م53.62m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-17.70
Gross Margin33.15%
Net Profit Margin-3.46%
Debt/Equity Ratio115.0%

How did JET perform over the long term?

See historical performance and comparison

Valuation

Is Jet Contractors undervalued compared to its fair value and its price relative to the market?

0.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate JET's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate JET's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: JET is unprofitable, so we can't compare its PE Ratio to the African Construction industry average.

PE vs Market: JET is unprofitable, so we can't compare its PE Ratio to the MA market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JET is good value based on its PB Ratio (0.9x) compared to the XF Construction industry average (1.1x).


Future Growth

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

19.3%

Forecasted Capital Goods 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 Jet Contractors 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 Jet Contractors performed over the past 5 years?

-11.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JET is currently unprofitable.

Growing Profit Margin: JET is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JET is unprofitable, and losses have increased over the past 5 years at a rate of 11% per year.

Accelerating Growth: Unable to compare JET's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JET is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-9.2%).


Return on Equity

High ROE: JET has a negative Return on Equity (-5.51%), as it is currently unprofitable.


Financial Health

How is Jet Contractors's financial position?


Financial Position Analysis

Short Term Liabilities: JET's short term assets (MAD3.1B) exceed its short term liabilities (MAD1.9B).

Long Term Liabilities: JET's short term assets (MAD3.1B) exceed its long term liabilities (MAD486.0M).


Debt to Equity History and Analysis

Debt Level: JET's debt to equity ratio (115%) is considered high.

Reducing Debt: JET's debt to equity ratio has reduced from 127.3% to 115% over the past 5 years.

Debt Coverage: JET's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: JET's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Dividend

What is Jet Contractors's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate JET's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate JET's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if JET's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JET's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: JET is not paying a notable dividend for the MA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JET's dividend in 3 years as they are not forecast to pay a notable one for the MA market.


Next Steps

Management

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

7.8yrs

Average management tenure


CEO

Omar Tadlaoui (42 yo)

12.75yrs

Tenure

Mr. Omar Abdekader Tadlaoui serves as General Manager of Jet Contractors since 2009 and also has been its Director since July 2009.


Leadership Team

Experienced Management: JET's management team is seasoned and experienced (7.8 years average tenure).


Board Members

Experienced Board: JET's board of directors are considered experienced (3.8 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

Jet Contractors's employee growth, exchange listings and data sources


Key Information

  • Name: Jet Contractors
  • Ticker: JET
  • Exchange: CBSE
  • Founded: 1992
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: د.م802.823m
  • Shares outstanding: 3.03m
  • Website: https://www.jet-contractors.com

Number of Employees


Location

  • Jet Contractors
  • Industrial District of Oued Ykkem
  • Skhirat
  • 12 040
  • Morocco

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 21:43
End of Day Share Price2021/10/18 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.