NasdaqCM:JASN

Stock Analysis Report

Executive Summary

Jason Industries, Inc., together with its subsidiaries, manufactures and sells finishing products, components, seating products, and acoustics in the United States and internationally.

Snowflake

Fundamentals

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Jason Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JASN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.1%

JASN

-0.7%

US Machinery

0.9%

US Market


1 Year Return

-89.2%

JASN

17.8%

US Machinery

16.8%

US Market

Return vs Industry: JASN underperformed the US Machinery industry which returned 17.8% over the past year.

Return vs Market: JASN underperformed the US Market which returned 16.8% over the past year.


Shareholder returns

JASNIndustryMarket
7 Day15.1%-0.7%0.9%
30 Day-25.3%6.1%4.5%
90 Day-63.6%14.0%6.2%
1 Year-89.2%-89.2%20.0%17.8%19.4%16.8%
3 Year-87.4%-87.4%44.3%35.2%47.5%38.0%
5 Year-97.3%-97.3%57.2%38.1%62.0%44.1%

Price Volatility Vs. Market

How volatile is Jason Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jason Industries undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Jason Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Jason Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

How is Jason Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.3%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jason Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Jason Industries performed over the past 5 years?

3.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JASN has large one-off items impacting its financial results.

Growing Profit Margin: JASN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JASN is unprofitable, but has reduced losses over the past 5 years at a rate of 3.4% per year.

Accelerating Growth: Unable to compare JASN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JASN is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (13.5%).


Return on Equity

High ROE: JASN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Jason Industries's financial position?


Financial Position Analysis

Short Term Liabilities: JASN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: JASN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: JASN has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: JASN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: JASN has a high level of physical assets or inventory.

Debt Coverage by Assets: JASN has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: JASN has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: JASN has sufficient cash runway for 2.047009 years if free cash flow continues to reduce at historical rates of -53.9% each year.


Next Steps

Dividend

What is Jason Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate JASN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if JASN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JASN'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 JASN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Jason Industries's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Koby Kobylinski (53yo)

2.9yrs

Tenure

US$2,254,442

Compensation

Mr. Brian K. Kobylinski, also known as Koby, has been the Chief Executive Officer of Jason Industries, Inc. since December 1, 2016, its President since December 2016 and aslo has been its Chairman since Ju ...


CEO Compensation Analysis

Compensation vs Market: Koby's total compensation ($USD2.25M) is above average for companies of similar size in the US market ($USD505.35K).

Compensation vs Earnings: Koby's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.3yrs

Average Tenure

53yo

Average Age

Experienced Management: JASN's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

3.0yrs

Average Tenure

60yo

Average Age

Experienced Board: JASN's board of directors are considered experienced (3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$330,64630 Aug 19
Privet Fund Management, LLC
EntityCompany
Shares546,952
Max PriceUS$0.62
BuyUS$897,38930 Aug 19
Privet Fund Management, LLC
EntityCompany
Shares1,716,229
Max PriceUS$0.58
BuyUS$11,03016 Aug 19
Wynnefield Capital, Inc.
EntityCompany
Shares20,000
Max PriceUS$0.55
BuyUS$186,07811 Mar 19
Wynnefield Capital, Inc.
EntityCompany
Shares105,944
Max PriceUS$1.80
BuyUS$3,96710 Jan 19
Wynnefield Capital, Inc.
EntityCompany
Shares2,000
Max PriceUS$1.98
BuyUS$99,53117 Dec 18
Wynnefield Capital, Inc.
EntityCompany
Shares63,977
Max PriceUS$1.65
BuyUS$39,60013 Dec 18
Wynnefield Capital, Inc.
EntityCompany
Shares24,000
Max PriceUS$1.65
BuyUS$17,78010 Dec 18
Wynnefield Capital, Inc.
EntityCompany
Shares10,000
Max PriceUS$1.78
BuyUS$18,50006 Dec 18
Wynnefield Capital, Inc.
EntityCompany
Shares10,000
Max PriceUS$1.85
BuyUS$38,93204 Dec 18
Wynnefield Capital, Inc.
EntityCompany
Shares20,000
Max PriceUS$1.95
BuyUS$39,58603 Dec 18
Wynnefield Capital, Inc.
EntityCompany
Shares20,000
Max PriceUS$1.98
BuyUS$19,60229 Nov 18
Keith Walz
EntityIndividual
Role
Senior Key Executive
Senior VP & GM of Finishing
Shares10,001
Max PriceUS$1.96
BuyUS$71,30028 Nov 18
James Hyman
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares35,000
Max PriceUS$2.05
BuyUS$67,54828 Nov 18
Wynnefield Capital, Inc.
EntityCompany
Shares35,000
Max PriceUS$1.98

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.


Management Team

  • Keith Walz (50yo)

    Senior VP & GM of Finishing

    • Tenure: 1.8yrs
    • Compensation: US$821.92k
  • John Hengel (60yo)

    VP of Finance

    • Tenure: 5.4yrs
    • Compensation: US$548.18k
  • Koby Kobylinski (53yo)

    Chairman

    • Tenure: 2.9yrs
    • Compensation: US$2.25m
  • Kevin Kuznicki (57yo)

    Senior VP

    • Tenure: 1.6yrs
    • Compensation: US$803.40k
  • Chad Paris (37yo)

    Senior VP & CFO

    • Tenure: 2.3yrs
    • Compensation: US$868.99k
  • Rachel Zabkowicz

    Vice President of Investor Relations

    • Tenure: 0yrs

Board Members

  • Mitch Quain (67yo)

    Lead Independent Director

    • Tenure: 1.9yrs
    • Compensation: US$167.98k
  • Jeff Quinn (60yo)

    Director

    • Tenure: 6.5yrs
    • Compensation: US$75.00k
  • Andy Lampereur (56yo)

    Director

    • Tenure: 0.5yrs
  • Koby Kobylinski (53yo)

    Chairman

    • Tenure: 2.9yrs
    • Compensation: US$2.25m
  • Nelson Obus (72yo)

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: US$106.75k
  • James Heffernan (73yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: US$169.85k
  • Jim Sullivan (59yo)

    Independent Director

    • Tenure: 5.4yrs
    • Compensation: US$169.85k
  • James Hyman (60yo)

    Independent Director

    • Tenure: 4.2yrs
    • Compensation: US$167.98k

Company Information

Jason Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jason Industries, Inc.
  • Ticker: JASN
  • Exchange: NasdaqCM
  • Founded: 1985
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$6.211m
  • Shares outstanding: 28.41m
  • Website: https://www.jasoninc.com

Number of Employees


Location

  • Jason Industries, Inc.
  • 833 East Michigan Street
  • Suite 900
  • Milwaukee
  • Wisconsin
  • 53202
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JASNNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDSep 2013
JSSN.POTCPK (Pink Sheets LLC)8% PFD CONV AUSUSDNov 2017

Biography

Jason Industries, Inc., together with its subsidiaries, manufactures and sells finishing products, components, seating products, and acoustics in the United States and internationally. The company offers f ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/20 00:43
End of Day Share Price2019/11/19 00:00
Earnings2019/09/27
Annual Earnings2018/12/31


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.