JAMF HOLDING CORP (JAMF) Stock Fundamental Analysis
NASDAQ:JAMF - Nasdaq - US47074L1052 - Common Stock - Currency: USD
JAMF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 283 industry peers in the Software industry. JAMF may be in some trouble as it scores bad on both profitability and health. JAMF is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year JAMF was profitable.
JAMF had a positive operating cash flow in the past year.
JAMF had negative earnings in each of the past 5 years.
JAMF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of JAMF (-4.33%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of -9.56%, JAMF is in line with its industry, outperforming 50.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.33% | ||
| ROE | -9.56% | ||
| ROIC | N/A |
ROA(3y)-6.83%
ROA(5y)-5.56%
ROE(3y)-15.02%
ROE(5y)-11.64%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of JAMF (77.55%) is better than 76.33% of its industry peers.
JAMF's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for JAMF so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 77.55% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.96%
GM growth 5Y1.34%
2. Health
2.1 Basic Checks
JAMF does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, JAMF has more shares outstanding
The number of shares outstanding for JAMF has been increased compared to 5 years ago.
The debt/assets ratio for JAMF is higher compared to a year ago.
2.2 Solvency
JAMF has an Altman-Z score of 0.89. This is a bad value and indicates that JAMF is not financially healthy and even has some risk of bankruptcy.
JAMF has a worse Altman-Z score (0.89) than 61.48% of its industry peers.
JAMF has a debt to FCF ratio of 16.66. This is a negative value and a sign of low solvency as JAMF would need 16.66 years to pay back of all of its debts.
JAMF's Debt to FCF ratio of 16.66 is in line compared to the rest of the industry. JAMF outperforms 47.00% of its industry peers.
A Debt/Equity ratio of 0.52 indicates that JAMF is somewhat dependend on debt financing.
JAMF has a worse Debt to Equity ratio (0.52) than 64.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 16.66 | ||
| Altman-Z | 0.89 |
ROIC/WACCN/A
WACC9.66%
2.3 Liquidity
A Current Ratio of 1.01 indicates that JAMF should not have too much problems paying its short term obligations.
The Current ratio of JAMF (1.01) is worse than 74.91% of its industry peers.
JAMF has a Quick Ratio of 1.01. This is a normal value and indicates that JAMF is financially healthy and should not expect problems in meeting its short term obligations.
JAMF's Quick ratio of 1.01 is on the low side compared to the rest of the industry. JAMF is outperformed by 74.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
JAMF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 96.77%, which is quite impressive.
Measured over the past years, JAMF shows a very strong growth in Earnings Per Share. The EPS has been growing by 53.09% on average per year.
JAMF shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.93%.
Measured over the past years, JAMF shows a very strong growth in Revenue. The Revenue has been growing by 25.19% on average per year.
EPS 1Y (TTM)96.77%
EPS 3Y53.09%
EPS 5YN/A
EPS Q2Q%30.77%
Revenue 1Y (TTM)11.93%
Revenue growth 3Y19.64%
Revenue growth 5Y25.19%
Sales Q2Q%8.18%
3.2 Future
JAMF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.31% yearly.
JAMF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.93% yearly.
EPS Next Y34.04%
EPS Next 2Y25.87%
EPS Next 3Y20.31%
EPS Next 5YN/A
Revenue Next Year7.8%
Revenue Next 2Y8.15%
Revenue Next 3Y8.93%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.62 indicates a rather expensive valuation of JAMF.
80.21% of the companies in the same industry are more expensive than JAMF, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of JAMF to the average of the S&P500 Index (24.29), we can say JAMF is valued slightly cheaper.
With a Price/Forward Earnings ratio of 13.89, JAMF is valued correctly.
Based on the Price/Forward Earnings ratio, JAMF is valued cheaper than 86.22% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.42, JAMF is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.62 | ||
| Fwd PE | 13.89 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as JAMF.
The rest of the industry has a similar Price/Free Cash Flow ratio as JAMF.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 67.51 | ||
| EV/EBITDA | 187.62 |
4.3 Compensation for Growth
JAMF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
JAMF's earnings are expected to grow with 20.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)N/A
EPS Next 2Y25.87%
EPS Next 3Y20.31%
5. Dividend
5.1 Amount
JAMF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
11.36
+0.11 (+0.98%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners44.98%
Inst Owner Change0.11%
Ins Owners0.99%
Ins Owner Change31.24%
Market Cap1.50B
Analysts78.89
Price Target18.67 (64.35%)
Short Float %3.84%
Short Ratio2.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.79%
Min EPS beat(2)-3.71%
Max EPS beat(2)9.29%
EPS beat(4)3
Avg EPS beat(4)6.2%
Min EPS beat(4)-3.71%
Max EPS beat(4)18.22%
EPS beat(8)7
Avg EPS beat(8)25.99%
EPS beat(12)11
Avg EPS beat(12)51.17%
EPS beat(16)15
Avg EPS beat(16)48.3%
Revenue beat(2)0
Avg Revenue beat(2)-1.28%
Min Revenue beat(2)-1.67%
Max Revenue beat(2)-0.89%
Revenue beat(4)1
Avg Revenue beat(4)-0.91%
Min Revenue beat(4)-1.67%
Max Revenue beat(4)0.06%
Revenue beat(8)2
Avg Revenue beat(8)-0.73%
Revenue beat(12)5
Avg Revenue beat(12)-0.49%
Revenue beat(16)8
Avg Revenue beat(16)0.03%
PT rev (1m)-9.54%
PT rev (3m)-16.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.64%
EPS NY rev (1m)-0.62%
EPS NY rev (3m)-7.33%
Revenue NQ rev (1m)0.21%
Revenue NQ rev (3m)-1.25%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-4.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.62 | ||
| Fwd PE | 13.89 | ||
| P/S | 2.39 | ||
| P/FCF | 67.51 | ||
| P/OCF | 48.01 | ||
| P/B | 2.09 | ||
| P/tB | N/A | ||
| EV/EBITDA | 187.62 |
EPS(TTM)0.61
EY5.37%
EPS(NY)0.82
Fwd EY7.2%
FCF(TTM)0.17
FCFY1.48%
OCF(TTM)0.24
OCFY2.08%
SpS4.76
BVpS5.43
TBVpS-2.39
PEG (NY)0.55
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.33% | ||
| ROE | -9.56% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 77.55% | ||
| FCFM | 3.54% |
ROA(3y)-6.83%
ROA(5y)-5.56%
ROE(3y)-15.02%
ROE(5y)-11.64%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.96%
GM growth 5Y1.34%
F-Score7
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 16.66 | ||
| Debt/EBITDA | 42.59 | ||
| Cap/Depr | 19.19% | ||
| Cap/Sales | 1.44% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 359.52% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 0.89 |
F-Score7
WACC9.66%
ROIC/WACCN/A
Cap/Depr(3y)13.04%
Cap/Depr(5y)14.24%
Cap/Sales(3y)1.19%
Cap/Sales(5y)1.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)96.77%
EPS 3Y53.09%
EPS 5YN/A
EPS Q2Q%30.77%
EPS Next Y34.04%
EPS Next 2Y25.87%
EPS Next 3Y20.31%
EPS Next 5YN/A
Revenue 1Y (TTM)11.93%
Revenue growth 3Y19.64%
Revenue growth 5Y25.19%
Sales Q2Q%8.18%
Revenue Next Year7.8%
Revenue Next 2Y8.15%
Revenue Next 3Y8.93%
Revenue Next 5YN/A
EBIT growth 1Y63.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year70.9%
EBIT Next 3Y27.99%
EBIT Next 5YN/A
FCF growth 1Y-32.84%
FCF growth 3Y-26.3%
FCF growth 5Y36.62%
OCF growth 1Y-13.27%
OCF growth 3Y-21.78%
OCF growth 5Y21.36%