JG Summit Holdings (PSE:JGS) - Stock Price, News & Analysis

JGS Stock Overview

Engages in consumer foods, agro-industrial and commodity food products, real estate and hotels, banking and financial services, telecommunications, petrochemicals, air transportation, and power generation and distribution businesses. More details

JGS fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	4/6
Financial Health	0/6
Dividends	3/6

Rewards

Trading at 39.6% below our estimate of its fair value

Earnings are forecast to grow 17.33% per year

Earnings grew by 48.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

JG Summit Holdings, Inc. Competitors

Aboitiz Equity Ventures

PSE:AEV

₱190.2b

San Miguel

PSE:SMC

₱209.8b

GT Capital Holdings

PSE:GTCAP

₱140.8b

LT Group

PSE:LTG

₱111.6b

Price History & Performance

Summary of all time highs, changes and price drops for JG Summit Holdings
Historical stock prices
Current Share Price	₱22.35
52 Week High	₱43.25
52 Week Low	₱21.80
Beta	0.97
11 Month Change	-14.37%
3 Month Change	-7.26%
1 Year Change	-40.95%
33 Year Change	-62.12%
5 Year Change	-69.24%
Change since IPO	240.11%

Recent updates

Shareholder Returns

	JGS	PH Industrials	PH Market
7D	-3.7%	-1.8%	-1.7%
1Y	-41.0%	-4.1%	15.2%

Return vs Industry: JGS underperformed the PH Industrials industry which returned -4.1% over the past year.

Return vs Market: JGS underperformed the PH Market which returned 15.2% over the past year.

Price Volatility

Is JGS's price volatile compared to industry and market?
JGS volatility
JGS Average Weekly Movement	4.5%
Industrials Industry Average Movement	3.9%
Market Average Movement	5.1%
10% most volatile stocks in PH Market	9.8%
10% least volatile stocks in PH Market	2.9%

Stable Share Price: JGS has not had significant price volatility in the past 3 months compared to the PH market.

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

About the Company

Founded	Employees	CEO	Website
1957	25,979	Lance Gokongwei	www.jgsummit.com.ph

JG Summit Holdings, Inc., together with its subsidiaries, engages in consumer foods, agro-industrial and commodity food products, real estate and hotels, banking and financial services, telecommunications, petrochemicals, air transportation, and power generation and distribution businesses. The company’s Foods, Agro-Industrial and Commodities segment manufactures and distributes salty snack, chocolates, candies, biscuits, bakery products, instant noodles, tea, coffee, and pasta; farms hogs and poultry; manufactures and distributes animal feeds, glucose, and soya products; produces and distributes animal health products; and sugar milling and refining; flour milling. Its Air Transportation segment offers passenger and cargo air transport services for both domestic and international; and provides line and light maintenance services.

JG Summit Holdings, Inc. Fundamentals Summary

How do JG Summit Holdings's earnings and revenue compare to its market cap?
JGS fundamental statistics
Market cap	₱171.48b
Earnings (TTM)	₱23.34b
Revenue (TTM)	₱369.81b

7.2x

P/E Ratio

0.5x

P/S Ratio

Is JGS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JGS income statement (TTM)
Revenue	₱369.81b
Cost of Revenue	₱259.47b
Gross Profit	₱110.35b
Other Expenses	₱87.00b
Earnings	₱23.34b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.10
Gross Margin	29.84%
Net Profit Margin	6.31%
Debt/Equity Ratio	65.4%

How did JGS perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

14%

Payout Ratio

JGS Stock Overview

Rewards

Risk Analysis

JG Summit Holdings, Inc. Competitors

PSE:AEV

₱190.2b

PSE:SMC

₱209.8b

PSE:GTCAP

₱140.8b

PSE:LTG

₱111.6b

Price History & Performance

Recent News & Updates

New minor risk - Earnings quality

Third quarter 2024 earnings: EPS misses analyst expectations

Price target decreased by 8.5% to ₱40.63

Consensus EPS estimates increase by 16%

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 8.5% to ₱44.38

Recent updates

New minor risk - Earnings quality

Third quarter 2024 earnings: EPS misses analyst expectations

Price target decreased by 8.5% to ₱40.63

Consensus EPS estimates increase by 16%

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 8.5% to ₱44.38

JG Summit Holdings, Inc. Approves the Election of Governance, Nomination, Remuneration, and Sustainability Committee (GNRSC) Members

Dividend increased to ₱0.42

First quarter 2024 earnings released: EPS: ₱1.46 (vs ₱0.61 in 1Q 2023)

JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on June 5, 2024

GoTyme Bank Corporation acquired SAVii New Cross Private Limited.

Full year 2023 earnings released: EPS: ₱2.53 (vs ₱0.12 loss in FY 2022)

JG Summit Holdings, Inc., Annual General Meeting, Jun 03, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

JG Summit Holdings, Inc. Announces Executive Changes

Chief Strategy Officer recently bought ₱1.9m worth of stock

Second quarter 2023 earnings released: EPS: ₱0.67 (vs ₱0.062 loss in 2Q 2022)

JG Summit Holdings, Inc. Appoints Patrick Henry C. Go as Executive Director, Effective August 1, 2023

JG Summit Holdings, Inc. Announces Management Changes

Upcoming dividend of ₱0.40 per share at 0.8% yield

First quarter 2023 earnings released: EPS: ₱0.66 (vs ₱0.37 loss in 1Q 2022)

JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on June 14, 2023

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to ₱50.37

Less than half of directors are independent

Price target decreased to ₱50.37

Price target decreased to ₱56.20

Second quarter 2022 earnings released: EPS: ₱0.09 (vs ₱0.078 in 2Q 2021)

JG Summit Holdings, Inc. Announces Change in Designation, Promotion and Appointment of Officers

Jg Summit Holdings, Inc. Announces Resignation of Carlos G. Santos, as Vice President, Corporate Services and Chief Information Officer

Upcoming dividend of ₱0.40 per share

First quarter 2022 earnings: EPS misses analyst expectations

JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on June 14, 2022

Less than half of directors are independent

Full year 2021 earnings: EPS misses analyst expectations

JG Summit Holdings, Inc. Announces Appointment of Laurinda R. Rogero as Chief Compliance Officer

Third quarter 2021 earnings released: ₱0.45 loss per share (vs ₱0.11 profit in 3Q 2020)

Price target increased to ₱67.24

Non-Executive Director Lily Ngochua has left the company

Second quarter 2021 earnings released

Senior VP, CFO & Compliance Officer Francisco Del Mundo has left the company

Senior Vice President of Corporate Human Resources Group Nicasio Lim has left the company

Upcoming dividend of ₱0.38 per share

JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on July 7, 2021

First quarter 2021 earnings released: EPS ₱0.016 (vs ₱0.25 in 1Q 2020)

Full year 2020 earnings released: ₱0.06 loss per share (vs ₱4.16 profit in FY 2019)

JG Summit Holdings, Inc., Annual General Meeting, May 14, 2021

Analysts update estimates

Investor sentiment deteriorated over the past week

New 90-day low: ₱60.80

Analysts update estimates

New 90-day high: ₱74.15

Meralco PowerGen Corporation entered into an agreement to acquire additional 30% stake in Global Business Power Corporation from JG Summit Holdings, Inc. (PSE:JGS) for PHP 12 billion.

Analysts update estimates

Price target raised to ₱54.04

Third quarter 2020 earnings released: EPS ₱0.11

Revenue and earnings miss expectations

Market bids up stock over the past week

New 90-day high: ₱74.00