company background image
JLG

Just Life Group NZSE:JLG Stock Report

Last Price

NZ$0.57

Market Cap

NZ$56.2m

7D

0%

1Y

-32.1%

Updated

21 May, 2022

Data

Company Financials
JLG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends3/6

JLG Stock Overview

Just Life Group Limited provides filtered water solutions to business and residential customers in New Zealand.

Just Life Group Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Just Life Group
Historical stock prices
Current Share PriceNZ$0.57
52 Week HighNZ$0.95
52 Week LowNZ$0.55
Beta0.82
1 Month Change-18.57%
3 Month Change-12.31%
1 Year Change-32.14%
3 Year Change26.67%
5 Year Change100.00%
Change since IPO-13.64%

Recent News & Updates

Apr 29
We Think Just Life Group (NZSE:JLG) Can Stay On Top Of Its Debt

We Think Just Life Group (NZSE:JLG) Can Stay On Top Of Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Feb 27
Just Life Group (NZSE:JLG) Has Affirmed Its Dividend Of NZ$0.012

Just Life Group (NZSE:JLG) Has Affirmed Its Dividend Of NZ$0.012

Just Life Group Limited ( NZSE:JLG ) will pay a dividend of NZ$0.012 on the 24th of March. This means the dividend...

Shareholder Returns

JLGNZ Specialty RetailNZ Market
7D0%-1.2%0.5%
1Y-32.1%-11.5%-13.4%

Return vs Industry: JLG underperformed the NZ Specialty Retail industry which returned -11.5% over the past year.

Return vs Market: JLG underperformed the NZ Market which returned -13.4% over the past year.

Price Volatility

Is JLG's price volatile compared to industry and market?
JLG volatility
JLG Average Weekly Movementn/a
Specialty Retail Industry Average Movement3.4%
Market Average Movement4.2%
10% most volatile stocks in NZ Market7.7%
10% least volatile stocks in NZ Market2.8%

Stable Share Price: Insufficient data to determine JLG's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine JLG's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988n/aTony Falkensteinhttps://www.jwi.co.nz

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

How do Just Life Group's earnings and revenue compare to its market cap?
JLG fundamental statistics
Market CapNZ$56.18m
Earnings (TTM)NZ$3.25m
Revenue (TTM)NZ$34.87m

17.3x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JLG income statement (TTM)
RevenueNZ$34.87m
Cost of RevenueNZ$11.12m
Gross ProfitNZ$23.75m
Other ExpensesNZ$20.50m
EarningsNZ$3.25m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.033
Gross Margin68.11%
Net Profit Margin9.32%
Debt/Equity Ratio75.9%

How did JLG perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

70%

Payout Ratio

Valuation

Is Just Life Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


17.29x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: JLG (NZ$0.57) is trading above our estimate of fair value (NZ$0.45)

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


Price To Earnings Ratio

PE vs Industry: JLG is poor value based on its PE Ratio (17.3x) compared to the NZ Specialty Retail industry average (13.3x).

PE vs Market: JLG is good value based on its PE Ratio (17.3x) compared to the NZ market (17.5x).


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's PB Ratio (2.1x) is in line with the NZ Specialty Retail industry average.


Future Growth

How is Just Life Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.4%

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.


Past Performance

How has Just Life Group performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JLG has high quality earnings.

Growing Profit Margin: JLG's current net profit margins (9.3%) are lower than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: JLG's earnings have grown by 13.2% per year over the past 5 years.

Accelerating Growth: JLG's earnings growth over the past year (2.9%) is below its 5-year average (13.2% per year).

Earnings vs Industry: JLG earnings growth over the past year (2.9%) underperformed the Specialty Retail industry 20%.


Return on Equity

High ROE: JLG's Return on Equity (12.1%) is considered low.


Financial Health

How is Just Life Group's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JLG's short term assets (NZ$7.7M) exceed its short term liabilities (NZ$7.3M).

Long Term Liabilities: JLG's short term assets (NZ$7.7M) do not cover its long term liabilities (NZ$21.7M).


Debt to Equity History and Analysis

Debt Level: JLG's net debt to equity ratio (75.8%) is considered high.

Reducing Debt: JLG's debt to equity ratio has increased from 3.6% to 75.9% over the past 5 years.

Debt Coverage: JLG's debt is well covered by operating cash flow (22.3%).

Interest Coverage: JLG's interest payments on its debt are well covered by EBIT (7.6x coverage).


Balance Sheet


Dividend

What is Just Life Group current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.21%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: JLG's dividend (4.21%) is higher than the bottom 25% of dividend payers in the NZ market (3.1%).

High Dividend: JLG's dividend (4.21%) is low compared to the top 25% of dividend payers in the NZ market (5.78%).


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 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (70%), JLG's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (69.7%), JLG's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

5.3yrs

Average board tenure


CEO

Tony Falkenstein

no data

Tenure

NZ$239,000

Compensation

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...


Board Members

Experienced Board: JLG's board of directors are considered experienced (5.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.7%.


Top Shareholders

Company Information

Just Life Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Just Life Group Limited
  • Ticker: JLG
  • Exchange: NZSE
  • Founded: 1988
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: NZ$56.178m
  • Shares outstanding: 98.56m
  • Website: https://www.jwi.co.nz

Location

  • Just Life Group Limited
  • 130 St Georges Bay Road
  • Parnell
  • Auckland
  • 1010
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/17 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.