Just Life Group Limited provides filtered water solutions to business and residential customers in New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$0.90|
|52 Week High||NZ$0.68|
|52 Week Low||NZ$1.11|
|1 Month Change||3.45%|
|3 Month Change||0%|
|1 Year Change||5.88%|
|3 Year Change||83.67%|
|5 Year Change||328.57%|
|Change since IPO||36.36%|
Recent News & Updates
Estimating The Fair Value Of Just Life Group Limited (NZSE:JLG)
Does the May share price for Just Life Group Limited ( NZSE:JLG ) reflect what it's really worth? Today, we will...
Do Just Life Group's (NZSE:JLG) Earnings Warrant Your Attention?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Just Life Group (NZSE:JLG) Has A Pretty Healthy Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Should You Buy Just Life Group Limited (NZSE:JLG) For Its Upcoming Dividend?
Just Life Group Limited ( NZSE:JLG ) stock is about to trade ex-dividend in four days. You will need to purchase shares...
|JLG||NZ Specialty Retail||NZ Market|
Return vs Industry: JLG underperformed the NZ Specialty Retail industry which returned 42.1% over the past year.
Return vs Market: JLG exceeded the NZ Market which returned 2.3% over the past year.
Stable Share Price: JLG is more volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: JLG's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of NZ stocks.
About the Company
Just Life Group Limited provides filtered water solutions to business and residential customers in New Zealand. The company offers water coolers for offices and homes under the Just Water brand; About Health, an online market for natural heath supplements; Solatube, a tubular skylight system, which allows natural light into dark spaces and blocks UV rays and heat entering the home; ventilation systems under the Hometech and Unovent brand names; hot water solutions under The Cylinder Guy brand; and rainwater harvesting systems under the Designer Tanks brand name. The company was formerly known as Just Water International Limited and changed its name to Just Life Group Limited in February 2019.
Just Life Group Fundamentals Summary
|JLG fundamental statistics|
Is JLG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|JLG income statement (TTM)|
|Cost of Revenue||NZ$10.41m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.034|
|Net Profit Margin||10.18%|
How did JLG perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is Just Life Group 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: JLG (NZ$0.9) is trading below our estimate of fair value (NZ$1.31)
Significantly Below Fair Value: JLG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JLG is poor value based on its PE Ratio (26.5x) compared to the NZ Specialty Retail industry average (15.4x).
PE vs Market: JLG is poor value based on its PE Ratio (26.5x) compared to the NZ market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JLG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JLG is overvalued based on its PB Ratio (3.4x) compared to the NZ Specialty Retail industry average (2.5x).
How is Just Life Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Just Life Group 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 Just Life Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JLG has high quality earnings.
Growing Profit Margin: JLG's current net profit margins (10.2%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: JLG's earnings have grown by 13.6% per year over the past 5 years.
Accelerating Growth: JLG's earnings growth over the past year (12.9%) is below its 5-year average (13.6% per year).
Earnings vs Industry: JLG earnings growth over the past year (12.9%) underperformed the Specialty Retail industry 24.1%.
Return on Equity
High ROE: JLG's Return on Equity (12.9%) is considered low.
How is Just Life Group's financial position?
Financial Position Analysis
Short Term Liabilities: JLG's short term assets (NZ$6.2M) do not cover its short term liabilities (NZ$7.4M).
Long Term Liabilities: JLG's short term assets (NZ$6.2M) do not cover its long term liabilities (NZ$20.2M).
Debt to Equity History and Analysis
Debt Level: JLG's debt to equity ratio (72%) is considered high.
Reducing Debt: JLG's debt to equity ratio has increased from 0.6% to 72% over the past 5 years.
Debt Coverage: JLG's debt is well covered by operating cash flow (36.4%).
Interest Coverage: JLG's interest payments on its debt are well covered by EBIT (10.9x coverage).
What is Just Life Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JLG's dividend (2.67%) is higher than the bottom 25% of dividend payers in the NZ market (2.44%).
High Dividend: JLG's dividend (2.67%) is low compared to the top 25% of dividend payers in the NZ market (4.62%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, JLG has been paying a dividend for less than 10 years.
Growing Dividend: JLG's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.9%), JLG's dividend payments are 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
Mr. Anthony Edwin Falkenstein, also known as Tony, BCom, ONZM is the Founder of Just Life Group Limited (formerly known as Just Water International Limited) and serves as its Chief Executive Officer and al...
Experienced Board: JLG's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JLG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.8%.
Just Life Group Limited's employee growth, exchange listings and data sources
- Name: Just Life Group Limited
- Ticker: JLG
- Exchange: NZSE
- Founded: 1988
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: NZ$87.632m
- Shares outstanding: 97.37m
- Website: https://www.jwi.co.nz
- Just Life Group Limited
- 130 St Georges Bay Road
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 15:43|
|End of Day Share Price||2021/10/15 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.