JTC PLC (JTC) AI Stock Analysis

• Market Cap: £2.18B
• Dividend Yield: 1.04%
• Average Volume (3M): 952.56K
• Price to Earnings (P/E): 44.8
• Beta (1Y): 1.27
• 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: 172,006,520
• 10 Day Avg. Volume: 1,451,109
• 30 Day Avg. Volume: 952,557
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: £1,181.67
• Price Target Upside: -7.10% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 72 Outperform
• Price Target: 1,492.00p ▲(17.30% Upside)

JTC PLC's strong technical momentum and positive earnings call sentiment are offset by concerns over profitability and valuation. The company's robust revenue growth and strategic acquisitions support a positive outlook, but the net loss and high P/E ratio warrant caution.

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 has demonstrated consistent revenue growth and maintains a strong equity base with manageable leverage. However, a net loss in 2024 raises concerns about profitability, despite robust cash flow generation.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	305.38M	257.44M	200.03M	147.50M	115.09M
Gross Profit	174.80M	149.68M	117.30M	84.82M	66.43M
EBITDA	47.13M	67.09M	65.18M	49.27M	28.10M
Net Income	-7.26M	21.82M	34.71M	26.65M	10.53M
Balance Sheet
Total Assets	1.02B	905.10M	675.89M	621.82M	361.88M
Cash, Cash Equivalents and Short-Term Investments	64.73M	97.22M	48.86M	39.33M	31.08M
Total Debt	322.88M	264.57M	198.52M	195.96M	150.20M
Total Liabilities	485.65M	401.22M	275.68M	277.19M	203.47M
Stockholders Equity	533.94M	503.88M	400.22M	344.63M	158.41M
Cash Flow
Free Cash Flow	69.12M	75.14M	44.84M	24.86M	23.18M
Operating Cash Flow	78.69M	81.29M	53.31M	28.86M	27.58M
Investing Cash Flow	-89.11M	-121.23M	-25.54M	-190.34M	-24.07M
Financing Cash Flow	3.61M	102.51M	-24.75M	169.48M	1.72M

JTC PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1272.00
• 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 GB:JTC, the sentiment is Positive. The current price of 1272 is above the 20-day moving average (MA) of 1237.03, above the 50-day MA of 1031.03, and above the 200-day MA of 930.80, indicating a bullish trend. The MACD of 81.23 indicates Positive momentum. The RSI at 64.89 is Neutral, neither overbought nor oversold. The STOCH value of 37.18 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	77 Outperform	1.89B	29.57	―	5.29%	14.05%	-3.07%
EMG	76 Outperform	2.02B	14.49	17.78%	7.26%	-10.85%	-42.02%
AJB	74 Outperform	2.08B	23.68	41.32%	2.51%	18.52%	9.87%
JTC	72 Outperform	£2.18B	44.78	-3.66%	1.04%	16.90%	-165.00%
IHP	64 Neutral	1.11B	22.67	25.01%	3.15%	-4.17%	-6.46%
QLT	52 Neutral	2.20B	-1,768.89	-2.39%	3.89%	-28.04%	-102.43%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

JTC PLC Corporate Events

JTC PLC Reports Strong Growth and Strategic Acquisitions in H1 2025

JTC PLC reported strong organic growth and momentum in the first half of 2025, with a 17.3% increase in revenue and a 15.1% rise in underlying EBITDA. The company achieved record new business wins and is ahead of schedule with its ‘Cosmos Era’ business plan. Recent acquisitions, including Citi Trust and the proposed acquisition of Kleinwort Hambros Trust Company, are expected to strengthen its position as the largest independent global trust company. The company is also in early-stage discussions with potential buyers, Permira Advisers LLP and Warburg Pincus LLC, regarding non-binding offers for its entire share capital.

The most recent analyst rating on (GB:JTC) stock is a Buy with a £11.20 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.

JTC PLC Receives Acquisition Proposals from Warburg Pincus and Permira

JTC PLC, a company listed on the London Stock Exchange, has received a preliminary and conditional non-binding proposal from Warburg Pincus LLC to acquire its entire share capital. This follows two earlier proposals from Warburg Pincus and several from Permira Advisers LLP, all of which were rejected by JTC’s Board. The company is in early-stage discussions with both Warburg Pincus and Permira regarding these proposals, with deadlines set for both parties to announce their firm intentions. Shareholders are advised to take no action at this time.

The most recent analyst rating on (GB:JTC) stock is a Hold with a £1025.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.

JTC PLC Rejects Permira’s Non-Binding Acquisition Proposal

JTC PLC, a company listed on the London Stock Exchange, has received a preliminary and conditional non-binding proposal from Permira Advisers LLP regarding a possible cash offer for the entire issued share capital of the company. The board of JTC has unanimously rejected this proposal, as well as an earlier one, advising shareholders to take no action at this time. The potential offer’s terms remain uncertain, and Permira has until 26 September 2025 to announce a firm intention to make an offer or withdraw.

The most recent analyst rating on (GB:JTC) stock is a Buy with a £1033.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.