How does JMT's PE Ratio compare to its peers?

JMT is expensive based on its Price-To-Earnings Ratio (15.1x) compared to the peer average (11.1x).

How does JMT's PE Ratio compare vs other companies in the Asian Consumer Finance Industry?

JMT is expensive based on its Price-To-Earnings Ratio (15.1x) compared to the Asian Consumer Finance industry average (15x).

What is JMT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JMT is good value based on its Price-To-Earnings Ratio (15.1x) compared to the estimated Fair Price-To-Earnings Ratio (15.7x).

What is the Fair Price of JMT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

JMT (THB18.1) is trading above our estimate of [[fair value]] (THB13.23)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

JMT Stock Overview

Provides debt tracking and collection services in Thailand. More details

JMT fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	2/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (15.1x) is below the Consumer Finance industry average (15.4x)

Earnings are forecast to grow 11.63% per year

Risk Analysis

Volatile share price over the past 3 months compared to the TH market

Dividend of 4.59% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

JMT Network Services Public Company Limited Competitors

AEON Thana Sinsap (Thailand)

SET:AEONTS

฿29.6b

Ngern Tid Lor

SET:TIDLOR

฿44.6b

Bangkok Commercial Asset Management

SET:BAM

฿19.2b

Srisawad Corporation

SET:SAWAD

฿59.3b

Price History & Performance

Summary of share price highs, lows and changes for JMT Network Services
Historical stock prices
Current Share Price	฿18.10
52 Week High	฿29.25
52 Week Low	฿9.90
Beta	0.84
1 Month Change	1.69%
3 Month Change	-3.21%
1 Year Change	-31.05%
3 Year Change	-73.38%
5 Year Change	-10.84%
Change since IPO	201.67%

Recent updates

Shareholder Returns

	JMT	TH Consumer Finance	TH Market
7D	-5.2%	-5.6%	-4.7%
1Y	-31.0%	-14.3%	-3.4%

Return vs Industry: JMT underperformed the TH Consumer Finance industry which returned -14.3% over the past year.

Return vs Market: JMT underperformed the TH Market which returned -3.4% over the past year.

Price Volatility

Is JMT's price volatile compared to industry and market?
JMT volatility
JMT Average Weekly Movement	7.6%
Consumer Finance Industry Average Movement	5.7%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: JMT's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: JMT's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
1994	n/a	Sutthirak Traichira-Aporn	www.jmtnetwork.co.th

JMT Network Services Public Company Limited, together with its subsidiaries, provides debt tracking and collection services in Thailand. The company also engages in the purchase of non-performing accounts receivable for debts management and collection. In addition, it offers asset management, non-life insurance, and appraisal services, as well as operates as an insurance broker.

JMT Network Services Public Company Limited Fundamentals Summary

How do JMT Network Services's earnings and revenue compare to its market cap?
JMT fundamental statistics
Market cap	฿26.42b
Earnings (TTM)	฿1.76b
Revenue (TTM)	฿5.33b

15.1x

P/E Ratio

5.0x

P/S Ratio

Is JMT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JMT income statement (TTM)
Revenue	฿5.33b
Cost of Revenue	฿1.54b
Gross Profit	฿3.55b
Other Expenses	฿1.80b
Earnings	฿1.76b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.20
Gross Margin	66.66%
Net Profit Margin	32.95%
Debt/Equity Ratio	39.1%

How did JMT perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

72%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 22:42
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

JMT Network Services Public Company Limited is covered by 12 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Narumon Ekasamut	BofA Global Research
Suwat Bumrungchatudom	Bualuang Securities PCL
Anakepong Putthapibal	Bualuang Securities PCL

JMT Stock Overview

Rewards

Risk Analysis

JMT Network Services Public Company Limited Competitors

SET:AEONTS

฿29.6b

SET:TIDLOR

฿44.6b

SET:BAM

฿19.2b

SET:SAWAD

฿59.3b

Price History & Performance

Recent News & Updates

Investor sentiment improves as stock rises 16%

Third quarter 2024 earnings released: EPS: ฿0.29 (vs ฿0.32 in 3Q 2023)

Price target increased by 15% to ฿15.94

Investor sentiment improves as stock rises 21%

Now 22% overvalued after recent price rise

Investor sentiment improves as stock rises 36%

Recent updates

Investor sentiment improves as stock rises 16%

Third quarter 2024 earnings released: EPS: ฿0.29 (vs ฿0.32 in 3Q 2023)

Price target increased by 15% to ฿15.94

Investor sentiment improves as stock rises 21%

Now 22% overvalued after recent price rise

Investor sentiment improves as stock rises 36%

Consensus EPS estimates fall by 16%, revenue upgraded

First half dividend increased to ฿0.38

New major risk - Share price stability

Second quarter 2024 earnings released: EPS: ฿0.25 (vs ฿0.38 in 2Q 2023)

JMT Network Services Public Company Limited Declares Interim Dividend for the Period from 01 January 2024 to 30 June 2024, Payable on 05 September 2024

Now 20% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 15%

Price target decreased by 7.6% to ฿18.74

Investor sentiment deteriorates as stock falls 18%

Price target decreased by 9.6% to ฿26.17

Investor sentiment deteriorates as stock falls 16%

Now 21% overvalued

Upcoming dividend of ฿0.49 per share

Now 22% overvalued

Final dividend reduced to ฿0.49

Now 31% overvalued

JMT Network Services Public Company Limited, Annual General Meeting, Apr 05, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

JMT Network Services Public Company Limited Proposes Interim Dividend, Payable on May 3, 2024

Investor sentiment improves as stock rises 15%

Now 25% overvalued

Investor sentiment deteriorates as stock falls 17%

Third quarter 2023 earnings released: EPS: ฿0.32 (vs ฿0.31 in 3Q 2022)

Price target decreased by 20% to ฿37.50

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 21%

Price target decreased by 13% to ฿48.20

Investor sentiment deteriorates as stock falls 22%

Upcoming dividend of ฿0.34 per share at 2.8% yield

JMT Network Services Public Company Limited Declares Interim Dividend for the Period from 01 January 2023 to 30 June 2023, Payable on 08 September 2023

New major risk - Financial position

Second quarter 2023 earnings released: EPS: ฿0.38 (vs ฿0.30 in 2Q 2022)

Investor sentiment improves as stock rises 16%

Price target decreased by 9.9% to ฿58.33

Investor sentiment deteriorates as stock falls 16%

First quarter 2023 earnings released: EPS: ฿0.31 (vs ฿0.27 in 1Q 2022)

Upcoming dividend of ฿0.59 per share at 2.6% yield

Price target decreased by 14% to ฿70.13

Consensus revenue estimates fall by 13%

Investor sentiment deteriorates as stock falls 16%

Investor sentiment deteriorates as stock falls 19%

Less than half of directors are independent

Third quarter 2022 earnings released

Upcoming dividend of ฿0.49 per share

JMT Network Services Public Company Limited Declares Interim Dividend, Payable on 07 Sep. 2022

Second quarter 2022 earnings released: EPS: ฿0.30 (vs ฿0.26 in 2Q 2021)

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased to ฿83.40

Less than half of directors are independent

Price target increased to ฿83.40

JMT Network Services Public Company Limited Announces Dividend for the Year of 2021

Upcoming dividend of ฿0.42 per share

Investor sentiment improved over the past week