Jetpak Top Holding
Market Cap
kr624.0m
Last Updated
2020/10/29 21:20 UTC
Data Sources
Company Financials +
Executive Summary
Jetpak Top Holding AB (publ) provides air-based express and long distance logistic solutions in Sweden, Norway, Finland, Denmark, Holland, the United Kingdom, and Belgium. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with reasonable growth potential.
Share Price & News
How has Jetpak Top Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JETPAK's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-4.8%
JETPAK
-4.6%
SE Logistics
-6.1%
SE Market
1 Year Return
3.8%
JETPAK
24.1%
SE Logistics
6.9%
SE Market
Return vs Industry: JETPAK underperformed the Swedish Logistics industry which returned 22.6% over the past year.
Return vs Market: JETPAK underperformed the Swedish Market which returned 6.2% over the past year.
Shareholder returns
| JETPAK | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.8% | -4.6% | -6.1% |
| 30 Day | -4.5% | -2.2% | -6.6% |
| 90 Day | -12.7% | 14.6% | 1.6% |
| 1 Year | 3.8%3.8% | 26.7%24.1% | 8.9%6.9% |
| 3 Year | n/a | 18.1%8.2% | 22.5%9.3% |
| 5 Year | n/a | 69.1%45.7% | 46.4%17.9% |
Price Volatility Vs. Market
How volatile is Jetpak Top Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Jetpak Top Holding AB (publ) (STO:JETPAK) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?1 month ago | Simply Wall St
Is There More Growth In Store For Jetpak Top Holding's (STO:JETPAK) Returns On Capital?1 month ago | Simply Wall St
Many Still Looking Away From Jetpak Top Holding AB (publ) (STO:JETPAK)Valuation
Is Jetpak Top Holding undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JETPAK (SEK52) is trading below our estimate of fair value (SEK833.59)
Significantly Below Fair Value: JETPAK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JETPAK is good value based on its PE Ratio (13.1x) compared to the XE Logistics industry average (16.8x).
PE vs Market: JETPAK is good value based on its PE Ratio (13.1x) compared to the Swedish market (21x).
Price to Earnings Growth Ratio
PEG Ratio: JETPAK is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: JETPAK is good value based on its PB Ratio (1.1x) compared to the XE Logistics industry average (1.9x).
Next Steps
Future Growth
How is Jetpak Top Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
28.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JETPAK's forecast earnings growth (28.8% per year) is above the savings rate (0.5%).
Earnings vs Market: JETPAK's earnings (28.8% per year) are forecast to grow faster than the Swedish market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: JETPAK's revenue (7.5% per year) is forecast to grow faster than the Swedish market (3.4% per year).
High Growth Revenue: JETPAK's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JETPAK's Return on Equity is forecast to be low in 3 years time (11.3%).
Next Steps
Past Performance
How has Jetpak Top Holding performed over the past 5 years?
97.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JETPAK has high quality earnings.
Growing Profit Margin: JETPAK's current net profit margins (5.5%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: JETPAK has become profitable over the past 5 years, growing earnings by 97.3% per year.
Accelerating Growth: JETPAK's earnings growth over the past year (12.2%) is below its 5-year average (97.3% per year).
Earnings vs Industry: JETPAK earnings growth over the past year (12.2%) exceeded the Logistics industry -22.3%.
Return on Equity
High ROE: JETPAK's Return on Equity (8%) is considered low.
Next Steps
Financial Health
How is Jetpak Top Holding's financial position?
Financial Position Analysis
Short Term Liabilities: JETPAK's short term assets (SEK182.0M) do not cover its short term liabilities (SEK204.9M).
Long Term Liabilities: JETPAK's short term assets (SEK182.0M) do not cover its long term liabilities (SEK233.5M).
Debt to Equity History and Analysis
Debt Level: JETPAK's debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JETPAK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JETPAK's debt is well covered by operating cash flow (63.6%).
Interest Coverage: JETPAK's interest payments on its debt are well covered by EBIT (7.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Jetpak Top Holding current dividend yield, its reliability and sustainability?
6.55%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JETPAK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JETPAK'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 JETPAK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JETPAK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JETPAK's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Kenneth Marx (56 yo)
no data
Tenure
kr4,905,000
Compensation
Mr. Kenneth Marx serves as a Chief Executive Officer of Jetpak Group AB since January 1, 2016. . Mr. Marx serves as a Chief Executive Officer of Jetpak Top Holding AB (publ) .Mr. Marx serves as Nordic Di ...
CEO Compensation Analysis
Compensation vs Market: Kenneth's total compensation ($USD554.70K) is above average for companies of similar size in the Swedish market ($USD234.09K).
Compensation vs Earnings: Kenneth's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | no data | kr4.91m | 0.43% SEK 2.7m | |
| Chief Financial Officer | 0.75yr | no data | no data | |
| Chief Operating Officer | 6.75yrs | no data | 0.10% SEK 624.0k | |
| HR Manager | 11.75yrs | no data | 0.012% SEK 76.6k | |
| Chief Commercial Officer & Director of Business Development | 2.75yrs | no data | 0.035% SEK 215.5k |
4.8yrs
Average Tenure
52yo
Average Age
Experienced Management: JETPAK's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 4.75yrs | kr500.00k | 0.081% SEK 504.4k | |
| Independent Member of Board | 4.75yrs | kr237.00k | 0.14% SEK 864.2k | |
| Member of the Board | 1.5yrs | kr187.00k | no data | |
| Independent Member of the Board | 1.5yrs | kr300.00k | no data | |
| Employee Representative Director | 1.75yrs | no data | no data |
1.8yrs
Average Tenure
61yo
Average Age
Experienced Board: JETPAK's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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
Jetpak Top Holding AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Jetpak Top Holding AB (publ)
- Ticker: JETPAK
- Exchange: OM
- Founded: 1979
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: kr623.989m
- Shares outstanding: 12.00m
- Website: https://Jetpakgroup.com
Number of Employees
Location
- Jetpak Top Holding AB (publ)
- Tornvagen 17A
- Arlanda Airport
- Stockholm
- Stockholm County
- 190 60
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JETPAK | OM (OMX Nordic Exchange Stockholm) | Yes | Ordinary Shares | SE | SEK | Dec 2018 |
Biography
Jetpak Top Holding AB (publ) provides air-based express and long distance logistic solutions in Sweden, Norway, Finland, Denmark, Holland, the United Kingdom, and Belgium. It operates in two segments, Expr ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/29 21:20 |
| End of Day Share Price | 2020/10/29 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.