J.M. AB (JM) AI Stock Analysis

• Market Cap: kr8.82B
• Dividend Yield: 2.29%
• Average Volume (3M): 241.29K
• Price to Earnings (P/E): 35.2
• Beta (1Y): 1.04
• Revenue Growth: -19.33%
• EPS Growth: -52.73%
• Country: SE
• Employees: 1,860
• Sector: General
• Sector Strength: N/A
• Industry: Residential Construction
• EPS (TTM): 0.60
• Shares Outstanding: 64,504,840
• 10 Day Avg. Volume: 285,897
• 30 Day Avg. Volume: 241,289
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr148.50
• Price Target Upside: 4.43% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 63 Neutral
• Price Target: kr146.00 ▲(2.67% Upside)

J.M. AB's overall stock score reflects stable financial health with strong equity and cash flow management, but challenges in revenue growth and declining profit margins. The technical analysis indicates a bearish trend, and the high P/E ratio suggests the stock is overvalued. The dividend yield offers some income, but not enough to offset valuation concerns.

J.M. AB Business Overview & Revenue Model

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.

How the Company Makes Money

JM makes money through several key revenue streams primarily derived from the sale of residential properties. The company generates income by developing residential buildings and selling them to end customers, which includes both private buyers and housing cooperatives. Additionally, JM earns revenue from property management services and maintenance for properties it develops and sells. The company also benefits from strategic partnerships with local municipalities and other organizations that facilitate land acquisition and development projects. Furthermore, JM's focus on sustainability and energy-efficient solutions allows it to tap into market trends favoring eco-friendly living, which can command higher prices and attract a more extensive customer base.

J.M. AB Financial Statement Overview

Summary

J.M. AB demonstrates stable financial health with strong equity and cash flow management. However, challenges in revenue growth and declining profit margins present areas for improvement. The balance sheet's lack of leverage is a significant strength, but liquidity should be monitored to ensure continued operational efficiency.

Income Statement

The company's revenue has shown fluctuation over recent years with revenue declining from 2023 to 2024. Gross profit margins are healthy, but there is a notable decrease in net profit margin from the previous year, indicating increased costs or reduced efficiency. The EBIT and EBITDA margins have also decreased, reflecting tighter operating conditions.

Balance Sheet

The company's balance sheet reveals a strong equity position with a debt-to-equity ratio of 0, indicating a lack of financial leverage, which is positive for stability. The equity ratio is solid, reflecting a stable foundation. However, the decline in cash and cash equivalents suggests potential liquidity concerns.

Cash Flow

Operating cash flow increased significantly in 2024, indicating efficient cash generation from core operations. The free cash flow to net income ratio is positive, showing robust cash management. However, the historical cash flow volatility poses a risk if not managed carefully.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.37B	14.27B	15.97B	15.75B	15.65B	16.29B
Gross Profit	1.53B	1.63B	2.76B	3.14B	3.21B	2.95B
EBITDA	595.00M	904.00M	1.60B	2.07B	2.32B	2.10B
Net Income	251.00M	353.00M	1.03B	1.50B	1.80B	1.54B
Balance Sheet
Total Assets	23.97B	25.16B	30.07B	24.38B	24.39B	23.09B
Cash, Cash Equivalents and Short-Term Investments	277.00M	506.00M	1.67B	1.84B	3.98B	3.04B
Total Debt	0.00	11.74B	16.04B	8.48B	8.38B	7.66B
Total Liabilities	15.94B	16.99B	22.10B	15.66B	16.01B	15.49B
Stockholders Equity	8.03B	8.17B	7.97B	8.72B	8.38B	7.60B
Cash Flow
Free Cash Flow	4.99B	3.45B	1.06B	-2.64B	-966.00M	-711.00M
Operating Cash Flow	4.99B	3.47B	1.06B	-2.63B	-961.00M	-710.00M
Investing Cash Flow	-52.00M	-69.00M	-2.00M	-29.00M	-17.00M	-79.00M
Financing Cash Flow	-5.21B	-4.58B	-1.50B	504.00M	1.91B	1.44B

J.M. AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 142.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:JM, the sentiment is Neutral. The current price of 142.2 is above the 20-day moving average (MA) of 135.54, above the 50-day MA of 139.42, and below the 200-day MA of 149.10, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 61.01 is Neutral, neither overbought nor oversold. The STOCH value of 90.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:JM.

J.M. AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JM	63 Neutral	kr8.82B	35.16	3.12%	2.29%	-19.33%	-52.73%
BONAV.B	48 Neutral	kr3.82B	-8.75	-7.21%	―	-31.01%	82.46%
BONAV.A	46 Neutral	kr3.82B	-8.69	-7.21%	―	-31.01%	82.41%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%