JTC PLC (JTC) AI Stock Analysis

• Market Cap: £2.19B
• Dividend Yield: 1.03%
• Average Volume (3M): 872.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.00
• Revenue Growth: 16.90%
• EPS Growth: -165.00%
• Country: UK
• Employees: 1,925
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.21
• Shares Outstanding: 172,386,500
• 10 Day Avg. Volume: 526,633
• 30 Day Avg. Volume: 872,146
• PEG Ratio: 1.68
• Price to Book (P/B): 3.01
• Price to Sales (P/S): 5.26
• P/FCF Ratio: 23.25
• 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: £1,340.00
• Price Target Upside: 3.55% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: 1,381.00p ▲(6.72% Upside)

JTC PLC's strong financial performance and strategic acquisitions are significant positives. However, the negative P/E ratio and bearish technical indicators weigh on the overall score. The acquisition by Permira-Advised Bidco provides a potential growth catalyst.

Positive Factors

Strong Revenue Growth

JTC's robust revenue growth and organic expansion indicate strong market demand and effective business strategies, supporting long-term financial health.

Successful Acquisitions

Strategic acquisitions enhance JTC's market presence and are expected to be earnings accretive, supporting future growth and competitive positioning.

High Staff Retention

High staff retention and a strong company culture contribute to operational stability and sustained service quality, crucial for long-term success.

Negative Factors

Net Loss in 2024

A net loss indicates profitability challenges, which could impact JTC's ability to reinvest in growth and maintain financial stability.

Margin Decline

Declining margins suggest rising operational costs, potentially affecting JTC's profitability and ability to sustain competitive pricing.

Regulatory Challenges

Heightened regulatory scrutiny increases compliance costs and operational complexity, posing risks to JTC's efficiency and profitability.

JTC PLC Business Overview & Revenue Model

Company Description

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients worldwide. The company operates through two segments, Institutional Client Services and Private Client Services. It offers fund services in a range of asset classes, including real estate, private equity, renewables, hedge, debt, and alternative asset classes, as well as other administration services. In addition, the company provides company secretarial and administration services to small and medium sized entities, public companies, multinationals, sovereign wealth funds, and private offices. Further, the company offers private wealth services, including the formation and administration of vehicles, such as trusts, companies, and partnerships on behalf of high net worth individuals and ultra-high net worth individuals, and private and family offices. JTC PLC was founded in 1987 and is headquartered in Saint Helier, the United Kingdom.

How the Company Makes Money

JTC generates revenue primarily through the provision of its service offerings, which include fund administration, corporate services, and private wealth management. The company's revenue model is based on fees charged for these services, which can be structured as fixed fees, hourly rates, or performance-based fees, depending on the nature of the engagement. Key revenue streams include ongoing service fees from managed funds, transaction fees from corporate services, and advisory fees from wealth management clients. Additionally, strategic partnerships with financial institutions and investment firms enhance JTC's market reach and client base, contributing significantly to its earnings.

JTC PLC Financial Statement Overview

Summary

JTC PLC shows consistent revenue growth and a strong balance sheet, but the transition to a net loss in 2024 raises concerns about profitability. Despite this, robust cash flow generation provides financial stability.

Income Statement

JTC PLC has shown consistent revenue growth over the years, with a 18.63% growth rate from 2023 to 2024. However, the company experienced a net loss in 2024, leading to a negative net profit margin of -2.38%. Gross profit margin remains healthy at 57.22%. EBIT and EBITDA margins have reduced significantly in 2024, indicating potential operational challenges.

Balance Sheet

The company maintains a strong equity base with a debt-to-equity ratio of 0.60, showing manageable leverage. The equity ratio stands at 52.37%, reflecting a balanced asset structure. Return on equity has turned negative due to the net loss, which is a concern for profitability.

Cash Flow

JTC PLC has a solid free cash flow generation with a slight decline in free cash flow from 2023 to 2024. The operating cash flow to net income ratio is favorable, indicating efficient cash generation relative to earnings, though net income is negative this year.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	330.89M	305.38M	257.44M	200.03M	147.50M	115.09M
Gross Profit	212.49M	174.80M	149.68M	117.30M	84.82M	66.43M
EBITDA	34.85M	47.13M	67.09M	65.18M	49.27M	28.10M
Net Income	-18.83M	-7.26M	21.82M	34.71M	26.65M	10.53M
Balance Sheet
Total Assets	1.07B	1.02B	905.10M	675.89M	621.82M	361.88M
Cash, Cash Equivalents and Short-Term Investments	180.15M	64.73M	97.22M	48.86M	39.33M	31.08M
Total Debt	456.84M	322.88M	264.57M	198.52M	195.96M	150.20M
Total Liabilities	555.23M	485.65M	401.22M	275.68M	277.19M	203.47M
Stockholders Equity	510.35M	533.94M	503.88M	400.22M	344.63M	158.41M
Cash Flow
Free Cash Flow	65.07M	69.12M	75.14M	44.84M	24.86M	23.18M
Operating Cash Flow	69.10M	78.69M	81.29M	53.31M	28.86M	27.58M
Investing Cash Flow	-117.42M	-89.11M	-121.23M	-25.54M	-190.34M	-24.07M
Financing Cash Flow	155.29M	3.61M	91.17M	-24.75M	169.48M	1.72M

JTC PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1294.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:JTC, the sentiment is Positive. The current price of 1294 is above the 20-day moving average (MA) of 1284.60, above the 50-day MA of 1289.56, and above the 200-day MA of 1056.32, indicating a bullish trend. The MACD of 2.09 indicates Negative momentum. The RSI at 55.71 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:JTC.

JTC PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RAT	76 Outperform	£2.09B	33.23	4.75%	4.91%	14.05%	-3.07%
BRK	72 Outperform	£253.21M	24.87	7.58%	5.14%	-13.29%	63.87%
IHP	72 Outperform	£1.18B	22.96	23.68%	3.11%	7.13%	-1.52%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
JTC	67 Neutral	£2.19B	-110.43	-3.66%	1.03%	16.90%	-165.00%
QLT	66 Neutral	£2.51B	-2,067.78	-0.05%	3.40%	-28.04%	-102.43%
AJB	65 Neutral	£1.81B	17.66	49.89%	2.43%	17.97%	25.51%

JTC PLC Corporate Events

JTC PLC’s Iain Johns Sells Shares for Personal Financial Planning

JTC PLC announced that Iain Johns, Group Head of Private Client Services, sold 420,000 shares for personal financial planning. The sale adheres to regulatory requirements, as Johns was previously restricted from trading due to possessing non-public information. Johns remains committed to JTC, and the transaction was conducted on the London Stock Exchange.

The most recent analyst rating on (GB:JTC) stock is a Buy with a £1492.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.

JTC PLC Agrees to £2.3 Billion Acquisition by Permira-Advised Bidco

JTC PLC is set to be acquired by Papilio Bidco Limited, a company advised by Permira Advisers LLP, through a cash acquisition valued at approximately £2.3 billion. This acquisition, offering a significant premium on JTC’s share price, is expected to enhance JTC’s growth potential by leveraging Permira’s expertise and resources, allowing JTC to operate outside the constraints of public markets and pursue strategic opportunities more effectively.

The most recent analyst rating on (GB:JTC) stock is a Buy with a £1492.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.

JTC PLC Extends Deadline for Potential Acquisition Offers

JTC PLC has announced an extension of the deadline for private equity firms Permira and Warburg Pincus to declare their intentions regarding a potential acquisition of the company. Both firms have completed due diligence, and JTC is in advanced discussions with them, with the new deadline set for 14 November 2025. The outcome of these discussions could significantly impact JTC’s market position and shareholder value, though there is no certainty that a firm offer will be made.

The most recent analyst rating on (GB:JTC) stock is a Buy with a £1492.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.

JTC PLC Completes Acquisition of Kleinwort Hambros Trust

JTC PLC has completed its acquisition of Kleinwort Hambros Trust Company (CI) Limited and its subsidiaries for £20 million in cash. This acquisition enhances JTC’s Private Capital Services, strengthens its trust presence in the Channel Islands, and introduces a UK trust business, reflecting its strategic expansion and industry positioning.

The most recent analyst rating on (GB:JTC) stock is a Buy with a £1492.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.

JTC PLC Extends Deadline for Acquisition Proposals

JTC PLC, a company listed on the London Stock Exchange, has been approached by private equity firms Warburg Pincus and Permira Advisers LLP with preliminary proposals to acquire the company. The board of JTC is in early-stage discussions with both firms and has secured an extension of the deadline for these firms to announce their intentions until 7 November 2025. This extension allows JTC to continue exploring potential acquisition offers, although there is no certainty that a firm offer will be made.

The most recent analyst rating on (GB:JTC) stock is a Buy with a £1492.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.

JTC PLC Extends Deadline for Potential Acquisition Offer

JTC PLC, a company listed on the London Stock Exchange, has received a preliminary and conditional non-binding proposal from private equity funds managed by Warburg Pincus LLC to acquire its entire share capital. The board of JTC has extended the deadline for Warburg Pincus to announce a firm intention to make an offer or to declare no intention to make an offer, now set for 24 October 2025. This extension allows ongoing discussions between the two parties, but there is no certainty that a firm offer will be made.

The most recent analyst rating on (GB:JTC) stock is a Buy with a £1492.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.