JM AB (publ) develops and sells housing and residential areas in the Nordic region. More Details
Average dividend payer and fair value.
Share Price & News
How has JM's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JM is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: JM's weekly volatility (4%) has been stable over the past year.
7 Day Return
SE Consumer Durables
1 Year Return
SE Consumer Durables
Return vs Industry: JM exceeded the Swedish Consumer Durables industry which returned -3.9% over the past year.
Return vs Market: JM underperformed the Swedish Market which returned 18% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is JM's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StWhat Does JM AB (publ)'s (STO:JM) Share Price Indicate?
2 weeks ago | Simply Wall StIs JM (STO:JM) A Risky Investment?
1 month ago | Simply Wall StResults: JM AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts
Is JM 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: JM (SEK274.7) is trading below our estimate of fair value (SEK280.77)
Significantly Below Fair Value: JM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: JM is good value based on its PE Ratio (14x) compared to the SE Consumer Durables industry average (19.9x).
PE vs Market: JM is good value based on its PE Ratio (14x) compared to the Swedish market (22.7x).
Price to Earnings Growth Ratio
PEG Ratio: JM is poor value based on its PEG Ratio (5.2x)
Price to Book Ratio
PB vs Industry: JM is overvalued based on its PB Ratio (2.5x) compared to the SE Consumer Durables industry average (2.1x).
How is JM forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JM's forecast earnings growth (2.7% per year) is above the savings rate (0.5%).
Earnings vs Market: JM's earnings (2.7% per year) are forecast to grow slower than the Swedish market (11.7% per year).
High Growth Earnings: JM's earnings are forecast to grow, but not significantly.
Revenue vs Market: JM's revenue (2.2% per year) is forecast to grow slower than the Swedish market (3.4% per year).
High Growth Revenue: JM's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JM's Return on Equity is forecast to be low in 3 years time (16.2%).
How has JM performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JM has a high level of non-cash earnings.
Growing Profit Margin: JM's current net profit margins (9.2%) are lower than last year (9.3%).
Past Earnings Growth Analysis
Earnings Trend: JM's earnings have grown by 2.3% per year over the past 5 years.
Accelerating Growth: JM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JM had negative earnings growth (-8.4%) over the past year, making it difficult to compare to the Consumer Durables industry average (-11.1%).
Return on Equity
High ROE: JM's Return on Equity (18.1%) is considered low.
How is JM's financial position?
Financial Position Analysis
Short Term Liabilities: JM's short term assets (SEK22.8B) exceed its short term liabilities (SEK10.5B).
Long Term Liabilities: JM's short term assets (SEK22.8B) exceed its long term liabilities (SEK5.2B).
Debt to Equity History and Analysis
Debt Level: JM's debt to equity ratio (87%) is considered high.
Reducing Debt: JM's debt to equity ratio has increased from 23.7% to 87% over the past 5 years.
Debt Coverage: JM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JM's interest payments on its debt are well covered by EBIT (28.1x coverage).
What is JM current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JM's dividend (2.28%) is higher than the bottom 25% of dividend payers in the Swedish market (1.15%).
High Dividend: JM's dividend (2.28%) is low compared to the top 25% of dividend payers in the Swedish market (3.74%).
Stability and Growth of Payments
Stable Dividend: JM's dividend payments have been volatile in the past 10 years.
Growing Dividend: JM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32%), JM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JM's dividends in 3 years are forecast to be covered by earnings (64.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Johan Skoglund (58 yo)
Mr. Johan Skoglund has been the Chief Executive Officer and President of JM AB (publ) since November 1, 2002. Mr. Skoglund was Director of Castellum AB (publ) since March 25, 2010 until March 2020. He serv...
|President & CEO||18yrs||kr6.53m||0.072% |
|CFO & Head of IR||22.83yrs||no data||0.040% |
|Director of Operations Development||4.25yrs||no data||0.0065% |
|Chief Legal Counsel of Legal Affairs & Development and Secretary of the Board||8.08yrs||no data||0.0014% |
|Head of Communication & Analysis||no data||no data||no data|
|Director of Human Resources||no data||no data||no data|
|Head of JM Residential Stockholm & Business Unit Manager of JM Residential Stockholm||0.50yr||no data||0.0057% |
|President of JM Norge AS and Business Unit Manager of JM Norway & JM Finland||no data||no data||0.0091% |
|Senior Executive of Civil Engineering - JM Entreprenad AB||no data||no data||no data|
Experienced Management: JM's management team is seasoned and experienced (8.1 years average tenure).
|Independent Director||4.58yrs||kr458.00k||0.0022% |
|Independent Director||7.58yrs||kr465.00k||0.0014% |
|Independent Director||7.58yrs||kr398.00k||0.0083% |
|Independent Chairman of the Board||3.58yrs||kr950.00k||0.0057% |
|Independent Director||3.58yrs||kr415.00k||0.0011% |
|Employee Representative Deputy Director||5.83yrs||no data||no data|
|Independent Director||1.67yrs||kr215.00k||0.00072% |
|Independent Director||1.67yrs||kr205.00k||0.0018% |
|Deputy Employee Representative Director||2.83yrs||no data||no data|
|Independent Director||0.67yr||no data||no data|
Experienced Board: JM's board of directors are considered experienced (3.6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
JM AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: JM AB (publ)
- Ticker: JM
- Exchange: OM
- Founded: 1945
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: kr19.115b
- Shares outstanding: 69.58m
- Website: https://www.jm.se
Number of Employees
- JM AB (publ)
- Gustav III:s Boulevard 64
- Stockholm County
- 169 82
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JMM||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 1992|
|JM||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||Aug 1992|
|0MI3||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||Aug 1992|
|JMS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||SEK||Aug 1992|
JM AB (publ) develops and sells housing and residential areas in the Nordic region. The company operates in five segments: JM Residential Stockholm, JM Residential Sweden, JM International, JM Property Dev...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 18:47|
|End of Day Share Price||2020/11/27 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.