Joyce Corporation Ltd (JYC) AI Stock Analysis

• Market Cap: AU$134.54M
• Dividend Yield: 3.54%
• Average Volume (3M): 11.73K
• Price to Earnings (P/E): 18.7
• Beta (1Y): 0.25
• Revenue Growth: -2.09%
• EPS Growth: -24.35%
• Country: AU
• Employees: 253
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Specialty Retail
• EPS (TTM): 0.10
• Shares Outstanding: 29,569,270
• 10 Day Avg. Volume: 9,359
• 30 Day Avg. Volume: 11,728
• PEG Ratio: 0.00
• Price to Book (P/B): 1.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.70
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: AU$5.00 ▲(11.11%Upside)

Joyce Corporation Ltd's overall stock score is driven by its strong financial performance and stable valuation. While technical analysis shows mixed signals, the company's solid financials and attractive dividend yield support a favorable outlook.

Joyce Corporation Ltd Business Overview & Revenue Model

Company Description

Joyce Corporation Ltd (JYC) is an Australian company engaged in the retail and manufacturing sectors. It primarily operates through three segments: Kitchens, Furniture, and Investments. The company is known for its ownership of KWB Group, which includes prominent kitchen retail brands such as Kitchen Connection and Wallspan. Additionally, Joyce Corporation has investments in the furniture sector, notably through its stake in the Lloyds Auctioneers and Valuers business.

How the Company Makes Money

Joyce Corporation Ltd makes money through its diversified operations in the retail and manufacturing industries. The primary revenue streams include sales from its kitchen retail segment, where it offers kitchen renovation and installation services through its brands such as Kitchen Connection and Wallspan. This segment generates income from both product sales and service fees. In the furniture sector, the company earns revenue from its investment in Lloyds Auctioneers and Valuers, which conducts auctions and valuations of furniture and other goods. The company also benefits from strategic partnerships and investments that contribute to its overall earnings, providing a steady flow of income from different sectors.

Joyce Corporation Ltd Financial Statement Overview

Summary

Joyce Corporation Ltd is performing well with strong revenue and profitability growth. The balance sheet is stable with prudent debt management, and cash flows are healthy, supporting sustainable operations and future growth.

Income Statement

Joyce Corporation Ltd has demonstrated solid revenue growth with a 12.3% increase from 2021 to 2022. The gross profit margin improved significantly, suggesting better cost management. Net profit margin is stable, reflecting consistent profitability. However, fluctuations in EBIT and EBITDA margins indicate some volatility in operating efficiencies.

Balance Sheet

The company maintains a strong equity position with a Debt-to-Equity ratio of 0.80, indicating prudent financial leverage. Return on Equity (ROE) has been robust, reflecting effective utilization of shareholder funds. The equity ratio demonstrates a balanced asset financing structure, contributing to financial stability.

Cash Flow

Operating cash flow remains strong and consistently covers net income, indicating healthy cash generation. Free cash flow growth is positive, though it has been fluctuating. The Free Cash Flow to Net Income ratio is favorable, supporting ongoing investment and financing needs.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	145.86M	145.51M	144.70M	129.02M	111.22M	87.59M
Gross Profit	78.84M	78.18M	42.81M	67.84M	24.08M	45.04M
EBITDA	25.00M	29.08M	28.63M	23.72M	23.79M	11.11M
Net Income	7.18M	8.86M	7.93M	9.09M	7.57M	-2.76M
Balance Sheet
Total Assets	87.66M	92.84M	86.40M	86.22M	69.28M	60.71M
Cash, Cash Equivalents and Short-Term Investments	31.77M	40.84M	47.73M	33.15M	20.46M	10.82M
Total Debt	28.77M	27.60M	19.05M	15.33M	13.76M	17.71M
Total Liabilities	49.91M	54.02M	48.63M	50.73M	42.64M	39.05M
Stockholders Equity	33.09M	34.55M	32.98M	28.53M	23.03M	18.00M
Cash Flow
Free Cash Flow	21.14M	19.02M	21.47M	20.86M	25.77M	12.53M
Operating Cash Flow	23.96M	21.35M	24.95M	22.44M	27.17M	13.36M
Investing Cash Flow	-2.99M	-4.28M	10.66M	3.88M	2.02M	1.20M
Financing Cash Flow	-23.09M	-24.00M	-21.46M	-14.26M	-19.95M	-10.77M

Joyce Corporation Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:JYC, the sentiment is Negative. The current price of 4.5 is below the 20-day moving average (MA) of 4.53, below the 50-day MA of 4.55, and above the 200-day MA of 4.44, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.17 is Neutral, neither overbought nor oversold. The STOCH value of 20.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:JYC.

Joyce Corporation Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BLX	75 Outperform	AU$820.88M	27.47	17.54%	2.28%	5.33%	-4.25%
JYC	69 Neutral	AU$134.54M	18.71	21.62%	3.54%	-2.09%	-24.35%
DSK	68 Neutral	AU$54.48M	9.46	13.17%	9.14%	5.42%	-8.87%
ADH	67 Neutral	AU$372.93M	11.23	14.57%	6.16%	0.49%	-3.64%
TPW	64 Neutral	AU$2.46B	373.04	5.83%	―	26.11%	-21.35%
BBN	62 Neutral	AU$241.51M	85.12	2.78%	1.03%	-2.62%	-70.47%
Sector *	61 Neutral	AU$2.83B	27.14	4.84%	5.11%	2.60%	-31.70%

Joyce Corporation Ltd Corporate Events

Anacacia Pty Ltd Acquires Substantial Stake in Joyce Corporation Ltd

Joyce Corporation Ltd has announced that Anacacia Pty Ltd has become a substantial holder in the company, acquiring a 5.21% voting power through the purchase of 1,541,992 ordinary shares. This acquisition, valued at $4,818,074, reflects Anacacia’s strategic investment interest and may influence Joyce Corporation’s shareholder dynamics and future decision-making processes.