# JTC PLC (JTC.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services / Capital Markets. Price 1339p, market value 2.3 billionp.

## Valuation
- **P/E (trailing): 1339.0×**. JTC PLC trades at 1339.0× trailing earnings. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 20.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.18**. A PEG of 0.18 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.4×**. Each dollar of revenue is priced at 3.4×.
- **Price / book: 451.6×**. The shares trade at 451.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 18.2×**. Enterprise value is 18.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.2%** (5-yr avg 0.0%). Free cash flow equals 5.2% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 0.1%**. The inverse of the P/E: 0.1% of the price is earned each year.

## Profitability
- **Gross margin: 89.9%**. JTC PLC keeps 89.9% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 14.5%**. 14.5% of revenue is left after running the business.
- **Net margin: 0.2%**. 0.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 0.2%**. 0.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 5.8%**. Return on all capital, debt included, is 5.8%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -0.6%**. Each dollar of assets produces -0.6% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 25.1%** (3-yr 24.1%/yr, 5-yr 27.1%/yr). Revenue grew 25.1% over the last year, against 27.1% a year compounded over five years.
- **EPS growth (1 yr): 112.4%** (3-yr -71.6%/yr, 5-yr -42.8%/yr). Earnings per share rose 112.4%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 3.6%/yr**. Free cash flow has compounded at 3.6% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.
- **Cash and short-term investments: 150 millionp**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 0.99%** (0p per share, trailing). JTC PLC yields 0.99%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 8**. 8 straight years of increases.
- **Dividend growth (5 yr): 17.2%/yr** (1-yr 10.6%). The dividend has compounded at 17.2% a year over five years, doubling roughly every 4 years at that pace.
- **Shareholder yield: 1.1%**. Dividends plus net buybacks return 1.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): 44.0%** (YTD 4.3%, 3-mo 1.6%). The shares are up 44.0% over twelve months including dividends.
- **From 52-week high: -3.3%** (18.1% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 71**. An RSI of 71 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): -0.01** (volatility 27%). Beta of -0.01 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=JTC.L · Page: https://foliofundamentals.com/stocks/jtc.l

Not investment advice.