Jupiter Fund Management Plc (JUP) AI Stock Analysis

• Market Cap: £808.43M
• Dividend Yield: 2.7%
• Average Volume (3M): 1.66M
• Price to Earnings (P/E): 14.2
• Beta (1Y): 1.21
• Revenue Growth: -4.38%
• EPS Growth: N/A
• Country: UK
• Employees: 492
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.04
• Shares Outstanding: 528,630,100
• 10 Day Avg. Volume: 1,539,683
• 30 Day Avg. Volume: 1,657,990
• PEG Ratio: -0.01
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 1.13
• P/FCF Ratio: 6.84
• 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: £149.60
• Price Target Upside: -5.91% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: 167.00p ▲(5.03% Upside)

Jupiter Fund Management Plc shows strong technical indicators and positive corporate events, including strategic leadership changes and growth in assets under management. While financial performance indicates strong equity and cash flow positions, declining revenue and profitability remain concerns. The stock is reasonably valued with an attractive dividend yield, making it a moderately appealing investment.

Positive Factors

Strong Equity Position

A strong equity position with low leverage enhances financial stability and provides a solid foundation for future growth initiatives.

Efficient Cash Generation

Efficient cash generation supports liquidity and operational flexibility, allowing the company to invest in growth opportunities and manage financial obligations.

Healthy Gross Profit Margin

A healthy gross profit margin indicates effective cost management and pricing strategies, contributing to sustainable profitability over the long term.

Negative Factors

Declining Revenue

Declining revenue trends can hinder growth prospects and affect the company's ability to invest in new opportunities, potentially impacting long-term competitiveness.

Profitability Pressures

Decreasing margins suggest challenges in maintaining operational efficiency, which could affect the company's ability to deliver consistent profitability.

Declining Total Assets

A reduction in total assets and equity may limit the company's capacity to leverage its balance sheet for expansion and strategic initiatives.

Jupiter Fund Management Plc Business Overview & Revenue Model

Company Description

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.

How the Company Makes Money

Jupiter Fund Management generates revenue primarily through management fees charged to clients for managing their investment portfolios. These fees are typically calculated as a percentage of the assets under management (AUM). Additionally, the company may earn performance fees based on the investment performance relative to benchmarks, rewarding it for achieving superior returns for clients. Key revenue streams include fees from institutional clients, retail clients, and intermediary channels. The firm also benefits from various strategic partnerships that enhance its distribution capabilities and expand its client reach. Overall, Jupiter's revenue model is heavily dependent on the growth of AUM, which is influenced by market conditions, investment performance, and client inflows.

Jupiter Fund Management Plc Financial Statement Overview

Summary

Jupiter Fund Management Plc shows strong equity positioning and efficient cash generation, but faces declining revenue and profitability pressures. The low leverage and strong equity ratios are positives, but the company needs to address the downward revenue trend to sustain future growth.

Income Statement

Jupiter Fund Management Plc shows declining revenue and profitability over the past few years, with total revenue decreasing from 2021 to 2024. The gross profit margin remains relatively healthy at 60.7% in 2024, but net profit margin improvements are dampened by past losses, such as the net income loss in 2023. EBIT and EBITDA margins have decreased, indicating pressure on operating efficiency.

Balance Sheet

The balance sheet reflects a strong equity position with a debt-to-equity ratio of 0.11 in 2024, suggesting low leverage. The equity ratio of 66.4% indicates a strong capital structure. However, declining total assets and stockholders' equity since 2021 may raise concerns about future growth potential.

Cash Flow

Free cash flow declined from 2023 to 2024, but the company maintained a positive free cash flow, which is a positive sign for liquidity. The operating cash flow to net income ratio is healthy in 2024, indicating efficient cash generation from operations despite net income volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	361.40M	402.50M	405.60M	378.70M	616.10M	504.70M
Gross Profit	344.30M	244.50M	343.00M	305.70M	540.70M	444.70M
EBITDA	89.70M	110.60M	41.20M	95.30M	237.40M	214.90M
Net Income	58.50M	65.20M	-12.90M	47.90M	149.60M	105.30M
Balance Sheet
Total Assets	1.21B	1.26B	1.21B	1.24B	1.34B	1.35B
Cash, Cash Equivalents and Short-Term Investments	437.10M	502.90M	445.90M	396.90M	383.90M	400.40M
Total Debt	0.00	90.80M	93.80M	95.80M	100.40M	103.40M
Total Liabilities	366.80M	422.50M	418.10M	398.10M	439.90M	459.70M
Stockholders Equity	841.00M	834.00M	789.50M	843.30M	900.80M	886.30M
Cash Flow
Free Cash Flow	55.40M	66.30M	84.50M	153.50M	181.40M	102.20M
Operating Cash Flow	56.00M	73.90M	88.00M	158.80M	184.90M	104.80M
Investing Cash Flow	-16.20M	-182.20M	-56.60M	34.10M	-13.10M	63.10M
Financing Cash Flow	-45.80M	101.90M	-37.80M	-112.50M	-162.60M	-159.20M

Jupiter Fund Management Plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 159.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:JUP, the sentiment is Positive. The current price of 159 is above the 20-day moving average (MA) of 150.82, above the 50-day MA of 149.04, and above the 200-day MA of 115.20, indicating a bullish trend. The MACD of 2.84 indicates Negative momentum. The RSI at 73.58 is Negative, neither overbought nor oversold. The STOCH value of 97.13 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:JUP.

Jupiter Fund Management Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JUP	73 Outperform	£808.43M	14.17	7.11%	2.70%	-4.38%	―
CHRY	71 Outperform	―	5.10	14.05%	―	―	247.19%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
DORE	62 Neutral	―	-43.94	-1.99%	5.72%	―	―

Jupiter Fund Management Plc Corporate Events

Jupiter Fund Management Appoints Nathan Bostock as New Chair

Jupiter Fund Management Plc has announced the appointment of Nathan Bostock as the new Chair, succeeding David Cruickshank, effective from April 1, 2026, pending regulatory approval. Bostock, with extensive experience in financial services, is expected to guide Jupiter through its next phase of growth, leveraging his leadership skills to capitalize on strategic opportunities in the investment management sector.

Jupiter Fund Management Reports Positive Q3 Results with Strong AUM Growth

Jupiter Fund Management Plc reported a positive trading update for the third quarter of 2025, with net positive flows of £0.3 billion and a 7% increase in assets under management, reaching £50.4 billion. The growth was driven by improved investor sentiment and strong performance in UK and systematic equities, although there were net outflows in the institutional channel. The company continues to focus on expanding its institutional business and expects to complete the acquisition of CCLA Investment Management Limited in early 2026.

Jupiter Fund Management Director Acquires Significant Shares

Jupiter Fund Management Plc announced that William Watt, a Non-Executive Director, acquired 80,000 shares of the company at a price of £1.488 per share. This transaction, conducted on the London Stock Exchange, reflects a significant investment by a member of the company’s board, potentially indicating confidence in the company’s future performance and stability.

Jupiter Fund Management Announces New Chair for Audit and Risk Committee

Jupiter Fund Management Plc announced a key leadership change with Dale Murray assuming the role of Chair of the Audit and Risk Committee effective from September 30, 2025. This strategic appointment is expected to enhance the company’s governance and risk management practices, potentially strengthening its position in the competitive asset management industry.

Jupiter Fund Management Announces Board Changes

Jupiter Fund Management Plc announced a change in its board with James Macpherson taking over as Chair of the Remuneration Committee from Roger Yates, effective 1 October 2025. This transition follows the planned retirement of Roger Yates, who has served on the board for eight years, and reflects the company’s ongoing efforts to maintain strong governance and leadership.

Jupiter Fund Management Grants Share Options to Executives

Jupiter Fund Management Plc announced that its CEO, Matthew Beesley, and CFO & COO, Wayne Mepham, have been granted share options under the company’s Sharesave Plan 2025. Each executive received 17,990 share options with an exercise price of £1.0144, exercisable between December 2028 and May 2029. This move aligns with the company’s strategy to incentivize its leadership, potentially impacting its market positioning by aligning executive interests with shareholder value.

Jupiter Fund Management Executives Acquire Shares Under Incentive Plan

Jupiter Fund Management Plc announced the acquisition of ordinary shares by its CEO, Matthew Beesley, and CFO/COO, Wayne Mepham, under the company’s Share Incentive Plan. This transaction follows the reinvestment of the company’s interim dividend and reflects the ongoing engagement of top executives with the company’s financial growth strategy.