Joyce Corporation Ltd (JYC) AI Stock Analysis

• Market Cap: AU$135.72M
• Dividend Yield: 6.1%
• Average Volume (3M): 6.97K
• Price to Earnings (P/E): 18.9
• Beta (1Y): 0.24
• Revenue Growth: -2.09%
• EPS Growth: -24.35%
• Country: AU
• Employees: 253
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Specialty Retail
• EPS (TTM): 0.10
• Shares Outstanding: 29,569,270
• 10 Day Avg. Volume: 5,005
• 30 Day Avg. Volume: 6,974
• PEG Ratio: -0.84
• Price to Book (P/B): 4.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.39
• 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$5.00
• Price Target Upside: 8.93% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 75 Outperform
• Price Target: AU$5.00 ▲(8.93%Upside)

Joyce Corporation Ltd scores well due to strong financial performance with robust revenue growth and profitability. Its valuation is attractive with a solid dividend yield, although technical indicators show neutral momentum. The absence of earnings call and corporate event data did not contribute to the score.

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 is performing well with strong revenue growth and profitability. The balance sheet is stable with prudent debt management, and cash flows are healthy, supporting sustainable operations and future growth. Minor fluctuations in operational efficiencies slightly impact the score.

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

Joyce Corporation Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.59
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 4.59 is above the 20-day moving average (MA) of 4.55, above the 50-day MA of 4.55, and above the 200-day MA of 4.48, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.78 is Neutral, neither overbought nor oversold. The STOCH value of 91.56 is Negative, 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
JYC	75 Outperform	AU$135.72M	18.87	21.62%	6.10%	-2.09%	-24.35%
Sector *	57 Neutral	HK$26.40B	4.11	-2.03%	5.49%	-0.23%	-68.02%
TPLWF	―	$1.77B	321.56	5.83%	―	―	―
1FQ	―	€205.20M	9.77	14.57%	6.75%	―	―
BLX	72 Outperform	AU$802.58M	26.86	17.54%	2.22%	5.33%	-4.25%
DSK	71 Outperform	AU$52.93M	9.19	13.17%	6.99%	5.42%	-8.87%
BBN	60 Neutral	AU$229.36M	77.91	2.78%	1.03%	-2.62%	-70.47%

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.