Joyce Corporation Ltd (JYC) AI Stock Analysis

• Market Cap: AU$149.32M
• Dividend Yield: 5.37%
• Average Volume (3M): 9.98K
• Price to Earnings (P/E): 20.3
• Beta (1Y): 0.17
• 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: 15,338
• 30 Day Avg. Volume: 9,976
• 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: AU$5.50
• Price Target Upside: 8.91% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: AU$5.50 ▲(8.91% 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.

Joyce Corporation Ltd Business Overview & Revenue Model

Company Description

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia. It owns four Bedshed retail stores; and franchises Bedshed retail bedding stores. The company also operates kitchen and wardrobe showrooms under the Kitchen Connection and Wallspan brand names. It operates 26 showrooms. Joyce Corporation Ltd was founded in 1886 and is based in Perth, Australia.

How the Company Makes Money

Joyce Corporation Ltd generates revenue primarily through its ownership of several subsidiary businesses that offer kitchen and wardrobe solutions. These subsidiaries operate retail outlets and franchise networks, selling products and services directly to consumers. The company earns money through product sales, franchise fees, and royalties. Additionally, Joyce Corporation benefits from strategic partnerships with suppliers and contractors, enhancing its product offerings and expanding its market reach. By continuously investing in its brands and optimizing its operations, Joyce Corporation Ltd maintains a stable and diversified revenue stream.

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: Positive
• Last Price: 5.05
• 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 Positive. The current price of 5.05 is below the 20-day moving average (MA) of 5.09, above the 50-day MA of 4.83, and above the 200-day MA of 4.52, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 53.62 is Neutral, neither overbought nor oversold. The STOCH value of 34.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	72 Outperform	713.25M	25.17	―	2.57%	1.89%	-3.30%
DSK	70 Outperform	49.81M	11.32	―	8.75%	8.39%	3.21%
ADH	68 Neutral	452.46M	17.73	11.41%	4.10%	3.99%	-18.35%
JYC	67 Neutral	AU$149.32M	20.31	21.22%	5.37%	1.82%	-18.84%
BBN	66 Neutral	404.76M	42.43	8.47%	―	4.72%	465.60%
TPW	65 Neutral	2.79B	243.49	―	―	20.66%	543.24%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

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.