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JLT Mobile Computers

Executive Summary

JLT Mobile Computers AB (publ), together with its subsidiaries, develops and manufactures rugged mobile vehicle-mounted computers in Nordic region, rest of European Union, the United States, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.

Share Price & News

How has JLT Mobile Computers's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JLT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.6%

JLT

10.3%

SE Tech

-0.3%

SE Market


1 Year Return

-29.6%

JLT

66.4%

SE Tech

16.9%

SE Market

Return vs Industry: JLT underperformed the Swedish Tech industry which returned 51.9% over the past year.

Return vs Market: JLT underperformed the Swedish Market which returned 17.2% over the past year.


Shareholder returns

JLTIndustryMarket
7 Day1.6%10.3%-0.3%
30 Day0%23.6%1.1%
90 Day-1.5%22.8%6.5%
1 Year-29.6%-29.6%68.4%66.4%19.1%16.9%
3 Year8.4%0.8%68.1%60.6%36.4%21.8%
5 Year206.8%171.5%180.4%157.4%65.7%33.6%

Price Volatility Vs. Market

How volatile is JLT Mobile Computers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is JLT Mobile Computers undervalued compared to its fair value and its price relative to the market?

49.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JLT (SEK5.24) is trading below our estimate of fair value (SEK10.41)

Significantly Below Fair Value: JLT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JLT is poor value based on its PE Ratio (33.1x) compared to the XE Tech industry average (20.6x).

PE vs Market: JLT is poor value based on its PE Ratio (33.1x) compared to the Swedish market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: JLT is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: JLT is overvalued based on its PB Ratio (2.5x) compared to the XE Tech industry average (2x).


Next Steps

Future Growth

How is JLT Mobile Computers forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

38.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JLT's forecast earnings growth (38.8% per year) is above the savings rate (0.5%).

Earnings vs Market: JLT's earnings (38.8% per year) are forecast to grow faster than the Swedish market (13.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JLT's revenue (8% per year) is forecast to grow faster than the Swedish market (3.1% per year).

High Growth Revenue: JLT's revenue (8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JLT's Return on Equity is forecast to be low in 3 years time (15.1%).


Next Steps

Past Performance

How has JLT Mobile Computers performed over the past 5 years?

15.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JLT has a high level of non-cash earnings.

Growing Profit Margin: JLT's current net profit margins (3.7%) are lower than last year (9.1%).


Past Earnings Growth Analysis

Earnings Trend: JLT's earnings have grown by 15.9% per year over the past 5 years.

Accelerating Growth: JLT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JLT had negative earnings growth (-65%) over the past year, making it difficult to compare to the Tech industry average (-8.1%).


Return on Equity

High ROE: JLT's Return on Equity (7.7%) is considered low.


Next Steps

Financial Health

How is JLT Mobile Computers's financial position?


Financial Position Analysis

Short Term Liabilities: JLT's short term assets (SEK95.2M) exceed its short term liabilities (SEK38.0M).

Long Term Liabilities: JLT's short term assets (SEK95.2M) exceed its long term liabilities (SEK1.8M).


Debt to Equity History and Analysis

Debt Level: JLT is debt free.

Reducing Debt: JLT has not had any debt for past 5 years.

Debt Coverage: JLT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: JLT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is JLT Mobile Computers's current dividend yield, its reliability and sustainability?

6.04%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate JLT'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 JLT's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: JLT is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

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


Next Steps

  • Explore strong dividend paying companies in the Tech industry.

Management

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

13.6yrs

Average management tenure


CEO

Per Holmberg (57 yo)

11.75yrs

Tenure

kr864,000

Compensation

Mr. Per Holmberg has been the Chief Executive Officer of JLT Mobile Computers AB (publ) since 2009. Mr. Holmberg served as Director of Cellar Acquisitions at Vinfolio, Inc. During his three years at Morrel ...


Leadership Team

NamePositionTenureCompensationOwnership
Jan Olofsson
Founder & Director18.75yrskr90.00k29.8%
SEK 43.1m
Per Holmberg
Chief Executive Officer11.75yrskr864.00k2.54%
SEK 3.7m
Stefan Käck
Deputy CEO & CFO15.42yrskr710.00k0.80%
SEK 1.2m
Eric Miller
Chief Executive Officer of JLT Mobile Computers Inc.6.75yrsno datano data

13.6yrs

Average Tenure

61yo

Average Age

Experienced Management: JLT's management team is seasoned and experienced (13.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jan Olofsson
Founder & Director18.75yrskr90.00k29.8%
SEK 43.1m
Jan Sjöwall
Independent Director3.75yrskr90.00k0.88%
SEK 1.3m
Ola Blomberg
Independent Chairman of the Board1.75yrskr190.00k0.59%
SEK 851.7k
Per Ädelroth
Independent Director6.75yrskr90.00k0.25%
SEK 354.2k
Jessica Svenmar
Independent Director1.75yrskr90.00kno data

3.8yrs

Average Tenure

63yo

Average Age

Experienced Board: JLT'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

JLT Mobile Computers AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JLT Mobile Computers AB (publ)
  • Ticker: JLT
  • Exchange: OM
  • Founded: 1994
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: kr144.473m
  • Shares outstanding: 28.55m
  • Website: https://www.jltmobile.com

Number of Employees


Location

  • JLT Mobile Computers AB (publ)
  • IsbjOernsvAegen 3
  • Växjö
  • Kronoberg County
  • 352 45
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JLTOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKDec 2002

Biography

JLT Mobile Computers AB (publ), together with its subsidiaries, develops and manufactures rugged mobile vehicle-mounted computers in Nordic region, rest of European Union, the United States, and internatio ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 21:37
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.