Joyce Corporation Ltd (JYC) AI Stock Analysis

• Market Cap: AU$157.01M
• Dividend Yield: 5.11%
• Average Volume (3M): 8.83K
• Price to Earnings (P/E): 21.4
• Beta (1Y): 0.32
• Revenue Growth: 1.82%
• EPS Growth: -18.84%
• Country: AU
• Employees: 253
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.14
• Shares Outstanding: 29,569,270
• 10 Day Avg. Volume: 5,301
• 30 Day Avg. Volume: 8,831
• PEG Ratio: -1.15
• Price to Book (P/B): 4.06
• Price to Sales (P/S): 0.95
• P/FCF Ratio: 5.79
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: AU$5.50 ▲(3.58% Upside)

Joyce Corporation Ltd's strong financial performance and solid dividend yield are key strengths, supporting a stable investment outlook. However, technical indicators suggest caution due to overbought conditions, and the high P/E ratio indicates potential overvaluation.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business model, supporting long-term financial stability.

Cash Flow Management

Efficient cash flow management ensures the company can fund operations, invest in growth, and return value to shareholders sustainably.

Balance Sheet Health

A moderate debt-to-equity ratio reflects prudent financial management, providing flexibility for future investments and growth.

Negative Factors

Profit Margin Pressure

Decreasing net profit margins may indicate rising costs or pricing pressures, potentially impacting long-term profitability.

Return on Equity Decline

A decline in return on equity could signal challenges in generating returns on investments, affecting shareholder value over time.

Earnings Per Share Decline

A decline in EPS growth suggests potential challenges in maintaining earnings momentum, which could affect investor confidence and valuation.

Joyce Corporation Ltd Business Overview & Revenue Model

Company Description

Joyce Corporation Ltd (JYC) is a diversified company operating primarily in the manufacturing and distribution sectors. With a focus on innovative solutions, JYC specializes in producing high-quality consumer goods and industrial products, catering to a wide range of markets including home improvement, automotive, and healthcare. The company is committed to sustainability and efficiency, leveraging advanced technologies in its manufacturing processes to deliver superior products that meet the evolving needs of its customers.

How the Company Makes Money

Joyce Corporation Ltd generates revenue through multiple streams, primarily by selling its manufactured goods directly to retailers and wholesalers. The company operates on a B2B model, where it supplies both large-scale distributors and niche markets. Key revenue streams include the sale of consumer goods such as home improvement tools and automotive accessories, as well as industrial products used in various sectors. Additionally, JYC has established strategic partnerships with major retailers, which enhances its market reach and drives sales volume. The company also invests in research and development to innovate new products, which can create additional revenue opportunities through licensing or direct sales in emerging markets.

Joyce Corporation Ltd Financial Statement Overview

Summary

Joyce Corporation Ltd exhibits a strong financial position with consistent revenue growth and efficient cash flow management. While profitability margins have faced some pressure, the company maintains a solid balance sheet with moderate leverage.

Income Statement

Joyce Corporation Ltd has shown consistent revenue growth over the years, with a notable increase in gross profit margins, indicating improved cost management. However, the net profit margin has slightly decreased in the latest year, suggesting some pressure on profitability. The EBIT and EBITDA margins remain stable, reflecting operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is moderate, indicating a balanced approach to leveraging. Return on equity has decreased, suggesting a slight decline in profitability relative to shareholder equity. The equity ratio is stable, reflecting a solid capital structure.

Cash Flow

Joyce Corporation Ltd has demonstrated strong free cash flow growth, supported by a healthy operating cash flow to net income ratio. The free cash flow to net income ratio is robust, indicating efficient cash generation relative to earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	148.15M	148.15M	145.51M	144.70M	129.02M	111.22M
Gross Profit	55.84M	80.99M	78.18M	42.81M	67.84M	24.08M
EBITDA	31.87M	31.28M	29.08M	28.63M	23.72M	23.79M
Net Income	7.35M	7.35M	8.86M	7.93M	9.09M	7.57M
Balance Sheet
Total Assets	97.57M	97.57M	92.84M	86.40M	86.22M	69.28M
Cash, Cash Equivalents and Short-Term Investments	40.99M	40.99M	40.84M	47.73M	33.15M	20.46M
Total Debt	28.82M	28.82M	27.60M	19.05M	15.33M	13.76M
Total Liabilities	57.55M	57.55M	54.02M	48.63M	50.73M	42.64M
Stockholders Equity	34.71M	34.71M	34.55M	32.98M	28.53M	23.03M
Cash Flow
Free Cash Flow	25.10M	24.32M	19.02M	21.47M	20.86M	25.77M
Operating Cash Flow	27.44M	27.44M	21.35M	24.95M	22.44M	27.17M
Investing Cash Flow	-3.68M	-3.68M	-4.28M	10.66M	3.88M	2.02M
Financing Cash Flow	-23.68M	-23.68M	-24.00M	-21.46M	-14.26M	-19.95M

Joyce Corporation Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.31
• 50DMA: Positive
• 100DMA: Positive
• 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 Neutral. The current price of 5.31 is below the 20-day moving average (MA) of 5.37, above the 50-day MA of 5.25, and above the 200-day MA of 4.75, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 49.10 is Neutral, neither overbought nor oversold. The STOCH value of 22.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:JYC.

Joyce Corporation Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JYC	67 Neutral	AU$157.01M	21.35	21.22%	5.11%	1.82%	-18.84%
DSK	66 Neutral	AU$48.57M	11.03	12.71%	8.97%	8.39%	3.21%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
ADH	58 Neutral	€299.70M	11.57	11.70%	6.21%	3.99%	-18.35%
BBN	56 Neutral	AU$320.90M	33.52	8.94%	―	4.72%	465.60%
BLX	55 Neutral	AU$614.64M	20.76	16.86%	2.99%	1.89%	-3.30%
TPW	54 Neutral	AU$1.63B	142.44	8.81%	―	20.66%	543.24%

Joyce Corporation Ltd Corporate Events

Joyce Corporation Ltd Approves Amended Constitution

Joyce Corporation Ltd has announced the approval of its amended Constitution, as ratified by shareholders during the Annual General Meeting on November 27, 2025. This development signifies a potential shift in the company’s governance framework, which may influence its operational strategies and stakeholder relationships moving forward.

Joyce Corporation Ltd Reports Successful AGM Outcomes

Joyce Corporation Ltd announced the successful outcome of its 2025 Annual General Meeting, where all resolutions were passed by the required majority. Key resolutions included the adoption of the remuneration report, re-election of a director, renewal of proportional takeover provisions, and amendments to the company’s constitution, indicating strong shareholder support and strategic alignment for future operations.

Joyce Corporation Ltd Reports Strong 2025 Performance Amid Market Challenges

In 2025, Joyce Corporation Ltd reported a solid financial performance despite challenges such as rising interest rates and cost-of-living pressures. The company achieved a revenue of $148.2 million and a net profit of $8.2 million, supported by its core businesses, KWB Group and Bedshed. KWB expanded its showroom network by 20%, contributing to record orders and maintaining a strong market position. Bedshed also delivered record growth in sales, with new franchise stores opening and plans to optimize profitability and expand market share. The company remains confident in its ability to deliver strong returns and sustainable growth.

Joyce Corporation CEO Sells Shares to Cover Tax Liability

Joyce Corporation Ltd announced that its CEO, Dan Madden, has sold 75,000 shares to meet a tax liability, adhering to the company’s Securities Trading Policy. This move, along with potential similar actions by other executives, is not expected to impact the company’s operations or market positioning significantly.

Joyce Corporation Ltd Announces 2025 Annual General Meeting

Joyce Corporation Ltd has announced its Annual General Meeting (AGM) scheduled for November 27, 2025, at the QT Hotel in Perth, where shareholders will review financial reports and vote on a non-binding resolution regarding the company’s remuneration report. This meeting is a significant event for stakeholders as it provides an opportunity to discuss the company’s financial performance and governance practices, potentially impacting future strategic decisions and shareholder relations.

Joyce Corporation Schedules 2025 AGM and Director Nomination Deadline

Joyce Corporation Ltd has announced that its 2025 Annual General Meeting (AGM) will be held on Thursday, 27 November 2025. The company has set 22 October 2025 as the deadline for receiving nominations for individuals wishing to be considered for election as directors. This announcement is a procedural update that ensures transparency and allows stakeholders to prepare for the upcoming AGM, which is a critical event for discussing the company’s future strategies and governance.

Joyce Corporation Ltd Announces Cessation of Securities

Joyce Corporation Ltd has announced the cessation of 325,222 LTI rights due to the lapse of conditional rights that were not satisfied. This cessation reflects a change in the company’s issued capital structure, which may impact stakeholders’ perceptions of the company’s operational and financial strategies.