Jardine Matheson Holdings Limited (J36.SI) stock analysis

In our weekly check, Jardine Matheson Holdings Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 4, red flags: 3.

About Jardine Matheson Holdings Limited

Jardine Matheson Holdings Limited is an Industrials company (Conglomerates) based in Bermuda, listed on SES as J36.SI.

What our checks show for J36.SI

Red flags

• The net margin fell by 1.8 points over 5 years, to 3.4%: the company keeps less of each sale as profit.
• Analysts expect revenue to shrink about 5.4% a year.
• The net margin is only 3.4%: little room if costs rise.

Warning signs

• Revenue grew only 3% a year over the last 3 years.
• The stock has fallen as much as 56% from a peak. Would you have held through that?
• Thinly traded (about 470 thousand shares a day): buying and selling can move the price.
• Return on capital (ROCE) is only 6.4%.

Strengths

• The gross margin is 27.3% and has risen by 1.9 points: pricing power is holding.
• Operating cash flow is 5.04x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 12.6% a year over the next years.
• Earnings per share grew 57% a year over the last 3 years.
• Net profit grew 57.9% a year over the last 3 years.
• Free cash flow is 13.3% of revenue: cash for dividends, buybacks or growth.

Similar companies

BN4.SI · DIC.AE · HLMA.L · IFT.NZ · BOL.PA · 5211.KL

Questions

What grade does Jardine Matheson Holdings Limited (J36.SI) have?

In our weekly check, Jardine Matheson Holdings Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 4, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of J36.SI stock?

This week's biggest flags for Jardine Matheson Holdings Limited: Margins falling, Weak revenue forecast, Thin margins. In total 7 of 25 checks show a warning or a red flag.

What does Jardine Matheson Holdings Limited do?

Jardine Matheson Holdings Limited is an Industrials company (Conglomerates) based in Bermuda, listed on SES as J36.SI.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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