JM AB (publ) Logo

JM AB (publ)

JM.ST

(2.5)
Stock Price

198,40 SEK

5.44% ROA

12.55% ROE

6.75x PER

Market Cap.

11.417.349.600,00 SEK

187.93% DER

7.91% Yield

6.44% NPM

JM AB (publ) Stock Analysis

JM AB (publ) Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

JM AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (20.18%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 Dividend Growth

The company has demonstrated exceptional dividend growth over the past five years, consistently increasing payouts to shareholders year after year.

3 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

4 ROA

The stock's ROA (5.44%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.09x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (1.494) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 DER

The company has a high debt to equity ratio (188%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

9 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

11 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

JM AB (publ) Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

JM AB (publ) Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

JM AB (publ) Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

JM AB (publ) Revenue
Year Revenue Growth
2002 8.872.000.000
2003 7.787.000.000 -13.93%
2004 8.532.000.000 8.73%
2005 9.887.000.000 13.7%
2006 12.065.000.000 18.05%
2007 12.731.000.000 5.23%
2008 12.229.000.000 -4.1%
2009 8.778.000.000 -39.31%
2010 9.136.000.000 3.92%
2011 12.001.000.000 23.87%
2012 12.480.000.000 3.84%
2013 12.603.000.000 0.98%
2014 14.216.000.000 11.35%
2015 13.939.000.000 -1.99%
2016 15.291.000.000 8.84%
2017 17.275.000.000 11.48%
2018 15.680.000.000 -10.17%
2019 15.605.000.000 -0.48%
2020 16.291.000.000 4.21%
2021 15.650.000.000 -4.1%
2022 15.747.000.000 0.62%
2023 17.828.000.000 11.67%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

JM AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

JM AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 527.000.000
2003 505.000.000 -4.36%
2004 -508.800.000 199.25%
2005 -547.200.000 7.02%
2006 -587.800.000 6.91%
2007 -647.200.000 9.18%
2008 719.000.000 190.01%
2009 615.000.000 -16.91%
2010 0 0%
2011 717.000.000 100%
2012 738.000.000 2.85%
2013 739.000.000 0.14%
2014 773.000.000 4.4%
2015 866.000.000 10.74%
2016 935.000.000 7.38%
2017 1.005.000.000 6.97%
2018 1.041.000.000 3.46%
2019 979.000.000 -6.33%
2020 957.000.000 -2.3%
2021 1.032.000.000 7.27%
2022 1.108.000.000 6.86%
2023 824.000.000 -34.47%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

JM AB (publ) EBITDA
Year EBITDA Growth
2002 1.464.000.000
2003 713.000.000 -105.33%
2004 712.000.000 -0.14%
2005 1.039.000.000 31.47%
2006 1.778.000.000 41.56%
2007 2.191.000.000 18.85%
2008 1.501.000.000 -45.97%
2009 805.000.000 -86.46%
2010 879.000.000 8.42%
2011 1.486.000.000 40.85%
2012 1.509.000.000 1.52%
2013 1.564.000.000 3.52%
2014 1.845.000.000 15.23%
2015 1.514.000.000 -21.86%
2016 1.947.000.000 22.24%
2017 2.466.000.000 21.05%
2018 1.893.000.000 -30.27%
2019 2.101.000.000 9.9%
2020 2.128.000.000 1.27%
2021 2.345.000.000 9.25%
2022 2.140.000.000 -9.58%
2023 2.032.000.000 -5.31%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

JM AB (publ) Gross Profit
Year Gross Profit Growth
2002 912.000.000
2003 635.000.000 -43.62%
2004 1.185.000.000 46.41%
2005 1.560.000.000 24.04%
2006 2.328.000.000 32.99%
2007 2.792.000.000 16.62%
2008 2.049.000.000 -36.26%
2009 1.277.000.000 -60.45%
2010 1.528.000.000 16.43%
2011 2.203.000.000 30.64%
2012 2.207.000.000 0.18%
2013 2.238.000.000 1.39%
2014 2.567.000.000 12.82%
2015 2.309.000.000 -11.17%
2016 2.851.000.000 19.01%
2017 3.447.000.000 17.29%
2018 2.904.000.000 -18.7%
2019 2.855.000.000 -1.72%
2020 2.954.000.000 3.35%
2021 3.215.000.000 8.12%
2022 3.140.000.000 -2.39%
2023 2.856.000.000 -9.94%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

JM AB (publ) Net Profit
Year Net Profit Growth
2002 253.000.000
2003 187.000.000 -35.29%
2004 474.000.000 60.55%
2005 976.000.000 51.43%
2006 1.568.000.000 37.76%
2007 1.665.000.000 5.83%
2008 818.000.000 -103.55%
2009 379.000.000 -115.83%
2010 594.000.000 36.2%
2011 1.042.000.000 42.99%
2012 961.000.000 -8.43%
2013 1.104.000.000 12.95%
2014 1.306.000.000 15.47%
2015 1.085.000.000 -20.37%
2016 1.478.000.000 26.59%
2017 2.259.000.000 34.57%
2018 1.423.000.000 -58.75%
2019 1.526.000.000 6.75%
2020 1.539.000.000 0.84%
2021 1.804.000.000 14.69%
2022 1.529.000.000 -17.99%
2023 1.408.000.000 -8.59%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

JM AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 2
2003 2 -100%
2004 4 75%
2005 2 -100%
2006 16 87.5%
2007 18 11.11%
2008 10 -100%
2009 4 -125%
2010 7 42.86%
2011 13 41.67%
2012 12 -9.09%
2013 14 21.43%
2014 17 17.65%
2015 15 -21.43%
2016 20 30%
2017 32 37.5%
2018 20 -60%
2019 22 4.76%
2020 22 4.55%
2021 26 15.38%
2022 23 -18.18%
2023 22 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

JM AB (publ) Free Cashflow
Year Free Cashflow Growth
2002 2.126.000.000
2003 1.468.000.000 -44.82%
2004 2.114.000.000 30.56%
2005 3.323.000.000 36.38%
2006 607.000.000 -447.45%
2007 1.762.000.000 65.55%
2008 89.000.000 -1879.78%
2009 1.115.000.000 92.02%
2010 42.000.000 -2554.76%
2011 733.000.000 94.27%
2012 977.000.000 24.97%
2013 896.000.000 -9.04%
2014 958.000.000 6.47%
2015 -235.000.000 507.66%
2016 1.956.000.000 112.01%
2017 2.392.000.000 18.23%
2018 -3.626.000.000 165.97%
2019 -1.407.000.000 -157.71%
2020 -711.000.000 -97.89%
2021 -966.000.000 26.4%
2022 -2.639.000.000 63.4%
2023 -384.000.000 -587.24%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

JM AB (publ) Operating Cashflow
Year Operating Cashflow Growth
2002 2.161.000.000
2003 1.504.000.000 -43.68%
2004 2.132.000.000 29.46%
2005 3.337.000.000 36.11%
2006 621.000.000 -437.36%
2007 1.772.000.000 64.95%
2008 101.000.000 -1654.46%
2009 1.124.000.000 91.01%
2010 42.000.000 -2576.19%
2011 733.000.000 94.27%
2012 979.000.000 25.13%
2013 898.000.000 -9.02%
2014 978.000.000 8.18%
2015 -230.000.000 525.22%
2016 1.957.000.000 111.75%
2017 2.403.000.000 18.56%
2018 -3.615.000.000 166.47%
2019 -1.403.000.000 -157.66%
2020 -710.000.000 -97.61%
2021 -961.000.000 26.12%
2022 -2.635.000.000 63.53%
2023 -384.000.000 -586.2%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

JM AB (publ) Capital Expenditure
Year Capital Expenditure Growth
2002 35.000.000
2003 36.000.000 2.78%
2004 18.000.000 -100%
2005 14.000.000 -28.57%
2006 14.000.000 0%
2007 10.000.000 -40%
2008 12.000.000 16.67%
2009 9.000.000 -33.33%
2010 0 0%
2011 0 0%
2012 2.000.000 100%
2013 2.000.000 0%
2014 20.000.000 90%
2015 5.000.000 -300%
2016 1.000.000 -400%
2017 11.000.000 90.91%
2018 11.000.000 0%
2019 4.000.000 -175%
2020 1.000.000 -300%
2021 5.000.000 80%
2022 4.000.000 -25%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

JM AB (publ) Equity
Year Equity Growth
2002 3.570.000.000
2003 3.285.000.000 -8.68%
2004 3.465.000.000 5.19%
2005 3.311.000.000 -4.65%
2006 3.590.000.000 7.77%
2007 3.893.000.000 7.78%
2008 3.241.000.000 -20.12%
2009 3.668.000.000 11.64%
2010 3.923.000.000 6.5%
2011 4.598.000.000 14.68%
2012 4.667.000.000 1.48%
2013 4.455.000.000 -4.76%
2014 4.635.000.000 3.88%
2015 4.521.000.000 -2.52%
2016 4.951.000.000 8.69%
2017 6.043.000.000 18.07%
2018 6.644.000.000 9.05%
2019 7.126.000.000 6.76%
2020 7.598.000.000 6.21%
2021 8.384.000.000 9.38%
2022 8.724.000.000 3.9%
2023 8.337.000.000 -4.64%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

JM AB (publ) Assets
Year Assets Growth
2002 10.628.000.000
2003 9.145.000.000 -16.22%
2004 8.252.000.000 -10.82%
2005 8.155.000.000 -1.19%
2006 8.406.000.000 2.99%
2007 9.916.000.000 15.23%
2008 10.055.000.000 1.38%
2009 9.930.000.000 -1.26%
2010 9.893.000.000 -0.37%
2011 11.296.000.000 12.42%
2012 11.556.000.000 2.25%
2013 11.150.000.000 -3.64%
2014 12.375.000.000 9.9%
2015 11.972.000.000 -3.37%
2016 12.480.000.000 4.07%
2017 16.947.000.000 26.36%
2018 20.648.000.000 17.92%
2019 22.972.000.000 10.12%
2020 23.088.000.000 0.5%
2021 24.391.000.000 5.34%
2022 24.383.000.000 -0.03%
2023 31.076.000.000 21.54%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

JM AB (publ) Liabilities
Year Liabilities Growth
2002 7.058.000.000
2003 5.860.000.000 -20.44%
2004 4.787.000.000 -22.41%
2005 4.844.000.000 1.18%
2006 4.816.000.000 -0.58%
2007 6.023.000.000 20.04%
2008 6.814.000.000 11.61%
2009 6.262.000.000 -8.82%
2010 5.970.000.000 -4.89%
2011 6.698.000.000 10.87%
2012 6.889.000.000 2.77%
2013 6.695.000.000 -2.9%
2014 7.740.000.000 13.5%
2015 7.451.000.000 -3.88%
2016 7.529.000.000 1.04%
2017 10.904.000.000 30.95%
2018 14.004.000.000 22.14%
2019 15.846.000.000 11.62%
2020 15.490.000.000 -2.3%
2021 16.007.000.000 3.23%
2022 15.659.000.000 -2.22%
2023 22.739.000.000 31.14%

JM AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
275.45
Net Income per Share
26.23
Price to Earning Ratio
6.75x
Price To Sales Ratio
0.64x
POCF Ratio
76.63
PFCF Ratio
76.63
Price to Book Ratio
1.37
EV to Sales
1.47
EV Over EBITDA
11.38
EV to Operating CashFlow
175.69
EV to FreeCashFlow
175.69
Earnings Yield
0.15
FreeCashFlow Yield
0.01
Market Cap
11,42 Bil.
Enterprise Value
26,18 Bil.
Graham Number
276.19
Graham NetNet
-100.22

Income Statement Metrics

Net Income per Share
26.23
Income Quality
0.14
ROE
0.2
Return On Assets
0.03
Return On Capital Employed
0.15
Net Income per EBT
0.74
EBT Per Ebit
0.79
Ebit per Revenue
0.11
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.17
Operating Profit Margin
0.11
Pretax Profit Margin
0.09
Net Profit Margin
0.06

Dividends

Dividend Yield
0.08
Dividend Yield %
7.91
Payout Ratio
0.53
Dividend Per Share
14

Operating Metrics

Operating Cashflow per Share
2.31
Free CashFlow per Share
2.31
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.07
Return on Tangible Assets
0.05
Days Sales Outstanding
96.9
Days Payables Outstanding
0
Days of Inventory on Hand
598.86
Receivables Turnover
3.77
Payables Turnover
0
Inventory Turnover
0.61
Capex per Share
0

Balance Sheet

Cash per Share
14,06
Book Value per Share
129,25
Tangible Book Value per Share
129.25
Shareholders Equity per Share
129.25
Interest Debt per Share
243.35
Debt to Equity
1.88
Debt to Assets
0.5
Net Debt to EBITDA
6.42
Current Ratio
1.6
Tangible Asset Value
8,34 Bil.
Net Current Asset Value
7,80 Bil.
Invested Capital
1.88
Working Capital
11,50 Bil.
Intangibles to Total Assets
0
Average Receivables
4,51 Bil.
Average Payables
0,00 Bil.
Average Inventory
23865000000
Debt to Market Cap
1.37

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

JM AB (publ) Dividends
Year Dividends Growth
2002 14
2003 10 -40%
2004 5 -100%
2005 7 28.57%
2006 10 30%
2007 5 -150%
2008 6 20%
2010 3 -150%
2011 5 50%
2012 7 33.33%
2013 7 0%
2014 7 14.29%
2015 8 12.5%
2016 8 0%
2017 10 11.11%
2018 11 18.18%
2019 12 8.33%
2020 13 0%
2021 13 0%
2022 14 7.69%
2023 14 7.14%

JM AB (publ) Profile

About JM AB (publ)

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 Development, and JM Construction. It also engages in the acquisition of development properties; planning, pre-construction, production, management, and sale of residential units; development of rental housing, residential care facilities, and commercial properties; and contract works primarily in the Greater Stockholm area. The company was founded in 1945 and is headquartered in Solna, Sweden.

CEO
Mr. Johan Skoglund
Employee
2.193
Address
Gustav III:s Boulevard 64
Solna, 169 82

JM AB (publ) Executives & BODs

JM AB (publ) Executives & BODs
# Name Age
1 Mr. Christian Benfatto
Senior Executive of Civil Engineering - JM Entreprenad AB
70
2 Mr. Markus Heino
Chief Executive Officer of JM Suomi Oy
70
3 Mr. Per Lundquist M.Sc. (Eng.)
Director of Operations Development, Product, Sustainability, Process & IT
70
4 Mr. Tobias Bjurling
Chief Financial Officer
70
5 Ms. Malin Lundgren
Director of Human Resources
70
6 Ms. Maria Backman
Chief Legal Counsel of Legal Affairs & Development and Secretary of the Board
70
7 Mr. Magnus Thelander
Head of Purchasing
70
8 Mr. Johan Skoglund
President & Chief Executive Officer
70
9 Ms. Hilde Vatne
President & Chief Executive Officer of JM Norge AS
70
10 Ms. Katarina Jordell Rimmerfeldt
Head of Communications
70

JM AB (publ) Competitors

NCC AB (publ) Logo
NCC AB (publ)

NCC-B.ST

(2.5)
Peab AB (publ) Logo
Peab AB (publ)

PEAB-B.ST

(2.5)
Castellum AB (publ) Logo
Castellum AB (publ)

CAST.ST

(1.5)
Fabege AB (publ) Logo
Fabege AB (publ)

FABG.ST

(1.5)
Skanska AB (publ) Logo
Skanska AB (publ)

SKA-B.ST

(2.5)