-10.41%
-2.55%
-8.31%
-21.04%
-3.63%
-53.14%
-44.20%
AI Spotlight on JM
Company Description
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.
Market Data
| Last Price | 164.4 |
| Change Percentage | -10.41% |
| Open | 181.2 |
| Previous Close | 183.5 |
| Market Cap ( Millions) | 10605 |
| Volume | 1091375 |
| Year High | 224.8 |
| Year Low | 156.6 |
| M A 50 | 170.81 |
| M A 200 | 191.06 |
Financial Ratios
| FCF Yield | 3.79% |
| Dividend Yield | 1.82% |
| ROE | 2.72% |
| Debt / Equity | 179.08% |
| Net Debt / EBIDTA | 2076.38% |
| Price To Book | 1.34 |
| Price Earnings Ratio | 48.64 |
| Price To FCF | 26.38 |
| Price To sales | 0.77 |
| EV / EBITDA | 36.9 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> JM Residential Stockholm
Expected Growth : 2.5 %
What the company do ?
JM Residential Stockholm is a residential development segment of JM AB (publ), a Swedish construction company, focusing on developing and selling residential properties in the Stockholm region.
Why we expect these perspectives ?
JM Residential Stockholm's 2.5% growth is driven by increasing demand for housing in the Stockholm region, fueled by population growth and urbanization. Additionally, the Swedish government's investment in infrastructure and transportation projects has improved connectivity, making the area more attractive to residents and investors. Furthermore, JM AB's focus on sustainable and energy-efficient construction has increased its appeal to environmentally conscious consumers.
Segment n°2 -> JM Residential Sweden
Expected Growth : 1.8 %
What the company do ?
JM Residential Sweden is a segment of JM AB (publ) that focuses on developing and selling residential properties in Sweden.
Why we expect these perspectives ?
JM Residential Sweden's 1.8% growth is driven by increasing demand for sustainable and energy-efficient housing, fueled by government incentives and rising environmental awareness. Additionally, the segment benefits from Sweden's growing population and urbanization, leading to increased housing needs. JM's strong brand reputation, quality offerings, and strategic partnerships also contribute to its growth.
Segment n°3 -> JM Norway
Expected Growth : 2.2 %
What the company do ?
JM Norway is a subsidiary of JM AB (publ), a Swedish construction and property development company, responsible for developing and selling residential and commercial properties in Norway.
Why we expect these perspectives ?
JM Norway's 2.2% growth is driven by increasing demand for sustainable housing, government incentives for eco-friendly construction, and a strong economy. Additionally, JM's focus on single-family homes and apartments in urban areas, such as Oslo, contributes to its growth. The company's efficient production process and cost control measures also support its profitability.
Segment n°4 -> Recalculation to the Completion Method
Expected Growth : 0.0 %
What the company do ?
Recalculation to Completion Method: JM AB (publ) recalculates project revenue and profit based on current estimates, ensuring accurate financial reporting and forecasting.
Why we expect these perspectives ?
Given JM AB (publ)'s 0.0% growth, fundamental drivers indicate stagnant revenue due to market saturation, intense competition, and lack of innovation. The company's failure to adapt to changing market conditions, inefficient cost structure, and weak pricing power also contribute to the stagnant growth.
Segment n°5 -> JM Finland
Expected Growth : 1.5 %
What the company do ?
JM Finland is a subsidiary of JM AB (publ), a Swedish construction and property development company, operating in Finland.
Why we expect these perspectives ?
JM Finland's 1.5% growth is driven by increasing demand for sustainable and energy-efficient housing, fueled by government incentives and regulations. Additionally, the region's growing population and urbanization contribute to the need for new residential construction, while JM's strong brand and market position enable the company to capitalize on these trends.
Segment n°6 -> JM Property Development
Expected Growth : 3.0 %
What the company do ?
JM Property Development is a Swedish real estate development company within JM AB (publ), focusing on residential and commercial projects.
Why we expect these perspectives ?
JM Property Development's 3.0% growth is driven by increasing demand for sustainable and community-focused developments, strategic partnerships with local authorities, and a strong pipeline of projects in Sweden's growing regions. Additionally, the company's focus on mixed-use developments and diversification into new segments, such as rental apartments, contributes to its growth momentum.
Segment n°7 -> JM Construction
Expected Growth : 2.8 %
What the company do ?
JM Construction is a leading Swedish construction company, part of JM AB (publ), specializing in residential and commercial property development.
Why we expect these perspectives ?
JM Construction's 2.8% growth is driven by increasing demand for sustainable and energy-efficient buildings, strategic acquisitions, and a strong order backlog. Additionally, the Swedish government's investments in infrastructure and housing development contribute to the segment's growth. Furthermore, JM's focus on digitalization and process efficiency improvements also support its growth momentum.
Jm Ab (Publ) Products
| Product Range | What is it ? |
|---|---|
| Residential Development | JM AB develops and sells residential properties, including apartments and houses, to individuals and families. |
| Commercial Properties | JM AB develops, owns, and manages commercial properties, including office buildings, retail spaces, and logistics facilities. |
| Project Development | JM AB develops and sells project properties, including land and building rights, to other developers and contractors. |
| Property Management | JM AB provides property management services, including maintenance, repairs, and administration, to property owners. |
| Construction Services | JM AB offers construction services, including building, renovation, and project management, to property owners and developers. |
JM AB (publ)'s Porter Forces
Threat Of Substitutes
The threat of substitutes for JM AB (publ) is medium, as there are some alternatives available in the market, but they are not very attractive to customers.
Bargaining Power Of Customers
The bargaining power of customers for JM AB (publ) is low, as customers have limited options and the company has a strong brand presence.
Bargaining Power Of Suppliers
The bargaining power of suppliers for JM AB (publ) is medium, as the company has some dependence on its suppliers, but it also has some bargaining power due to its size and reputation.
Threat Of New Entrants
The threat of new entrants for JM AB (publ) is high, as the industry is attractive and there are low barriers to entry, making it easy for new companies to enter the market.
Intensity Of Rivalry
The intensity of rivalry for JM AB (publ) is high, as the industry is highly competitive and there are many players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 66.02% |
| Debt Cost | 3.95% |
| Equity Weight | 33.98% |
| Equity Cost | 11.50% |
| WACC | 6.51% |
| Leverage | 194.25% |
JM AB (publ) : Quality Control
JM AB (publ) passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| HOME.MC | Neinor Homes, S.A., together with its subsidiaries, develops, promotes, rental, and manages real estate properties in Spain. The company operates through Legacy, Development, Assets Management-Servicing, and Rental segments. Its land … |
| GLE.L | MJ Gleeson plc engages in low-cost house building and land promotion activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Land. It also engages … |
| CRST.L | Crest Nicholson Holdings plc builds residential homes in the United Kingdom. The company develops and sells apartments, houses, and commercial properties. It serves first-time buyers, families, and investors. The company … |
| KOF.PA | Kaufman & Broad S.A. operates as a property developer and builder in France. It designs, develops, builds, and sells single-family homes in communities, apartments, offices, shops, and logistics platforms and … |
| AEDAS.MC | Aedas Homes, S.A. engages in the development of residential homes in Spain. It focuses on multi- and single-family homes. The company was incorporated in 2016 and is based in Madrid, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Neinor Homes
A-Score
1-Year Total Return ->
🥈
Aedas Homes
A-Score
1-Year Total Return ->
🥉
Kaufman & Broad
A-Score
1-Year Total Return ->
4
MJ Gleeson
A-Score
1-Year Total Return ->
5
Crest Nicholson
A-Score
1-Year Total Return ->
6
