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Jordan Investment Trust P.L.C

ASE:JOIT
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JOIT
ASE
JOD19M
Market Cap
  1. Home
  2. JO
  3. Diversified Financials
Company description

Jordan Investment Trust PLC provides various integrated investment banking services in Jordan and internationally. The last earnings update was 20 days ago. More info.


Add to Portfolio Compare Print
JOIT Share Price and Events
7 Day Returns
0%
ASE:JOIT
0%
JO Capital Markets
0%
JO Market
1 Year Returns
20.7%
ASE:JOIT
-4.6%
JO Capital Markets
-18.4%
JO Market
JOIT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jordan Investment Trust P.L.C (JOIT) 0% -2.8% 16.7% 20.7% 2.9% 55.6%
JO Capital Markets - -2.4% 3.5% -4.6% -30.7% -20.3%
JO Market 0% -10.1% -12.4% -18.4% -27.6% -21.7%
1 Year Return vs Industry and Market
  • JOIT outperformed the Capital Markets industry which returned -4.6% over the past year.
  • JOIT outperformed the Market in Jordan which returned -18.4% over the past year.

JOIT Value

 Is Jordan Investment Trust P.L.C undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Jordan Investment Trust P.L.C. This is due to cash flow or dividend data being unavailable. The share price is JOD0.7.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Jordan Investment Trust P.L.C's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jordan Investment Trust P.L.C's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASE:JOIT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in JOD JOD0.19
ASE:JOIT Share Price ** ASE (2020-03-16) in JOD JOD0.7
Jordan Capital Markets Industry PE Ratio Median Figure of 8 Publicly-Listed Capital Markets Companies 15.25x
Jordan Market PE Ratio Median Figure of 110 Publicly-Listed Companies 12.08x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Jordan Investment Trust P.L.C.

ASE:JOIT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASE:JOIT Share Price ÷ EPS (both in JOD)

= 0.7 ÷ 0.19

3.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jordan Investment Trust P.L.C is good value based on earnings compared to the JO Capital Markets industry average.
  • Jordan Investment Trust P.L.C is good value based on earnings compared to the Jordan market.
Price based on expected Growth
Does Jordan Investment Trust P.L.C's expected growth come at a high price?
Raw Data
ASE:JOIT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Capital Markets Industry PEG Ratio Median Figure of 59 Publicly-Listed Capital Markets Companies 1.51x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Jordan Investment Trust P.L.C, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Jordan Investment Trust P.L.C's assets?
Raw Data
ASE:JOIT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in JOD JOD1.24
ASE:JOIT Share Price * ASE (2020-03-16) in JOD JOD0.7
Jordan Capital Markets Industry PB Ratio Median Figure of 15 Publicly-Listed Capital Markets Companies 0.57x
Jordan Market PB Ratio Median Figure of 180 Publicly-Listed Companies 0.78x
ASE:JOIT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASE:JOIT Share Price ÷ Book Value per Share (both in JOD)

= 0.7 ÷ 1.24

0.57x

* Primary Listing of Jordan Investment Trust P.L.C.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jordan Investment Trust P.L.C is good value based on assets compared to the JO Capital Markets industry average.
X
Value checks
We assess Jordan Investment Trust P.L.C's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Jordan Investment Trust P.L.C has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

JOIT Future Performance

 How is Jordan Investment Trust P.L.C expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jordan Investment Trust P.L.C has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.1%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jordan Investment Trust P.L.C expected to grow at an attractive rate?
  • Unable to compare Jordan Investment Trust P.L.C's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Jordan Investment Trust P.L.C's earnings growth to the market average as no estimate data is available.
  • Unable to compare Jordan Investment Trust P.L.C's revenue growth to the market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASE:JOIT Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 14.1%
Asia Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 8.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASE:JOIT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JOD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASE:JOIT Past Financials Data
Date (Data in JOD Millions) Revenue Cash Flow Net Income *
2019-12-31 8 -1 5
2019-09-30 7 -1 5
2019-06-30 1 -1 0
2019-03-31 1 -1 0
2018-12-31 1 -1 0
2018-09-30 1 -1 0
2018-06-30 2 -1 0
2018-03-31 1 -1 0
2017-12-31 2 -1 0
2017-09-30 2 -1 1
2017-06-30 2 -1 1
2017-03-31 2 -1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Jordan Investment Trust P.L.C is high growth as no earnings estimate data is available.
  • Unable to determine if Jordan Investment Trust P.L.C is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASE:JOIT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Jordan Investment Trust P.L.C Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASE:JOIT Past Financials Data
Date (Data in JOD Millions) EPS *
2019-12-31 0.19
2019-09-30 0.18
2019-06-30 0.00
2019-03-31 -0.01
2018-12-31 -0.02
2018-09-30 -0.01
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.02
2017-09-30 0.02
2017-06-30 0.02
2017-03-31 0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Jordan Investment Trust P.L.C will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Jordan Investment Trust P.L.C is trading at Jordan Investment Trust P.L.C'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Jordan Investment Trust P.L.C's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Jordan Investment Trust P.L.C's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Jordan Investment Trust P.L.C has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

JOIT Past Performance

  How has Jordan Investment Trust P.L.C performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Jordan Investment Trust P.L.C's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Jordan Investment Trust P.L.C has delivered over 20% year on year earnings growth in the past 5 years.
  • Jordan Investment Trust P.L.C has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Jordan Investment Trust P.L.C has become profitable in the last year making it difficult to compare the Asia Capital Markets industry average.
Earnings and Revenue History
Jordan Investment Trust P.L.C's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Jordan Investment Trust P.L.C Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASE:JOIT Past Revenue, Cash Flow and Net Income Data
Date (Data in JOD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 7.51 5.30 1.30
2019-09-30 7.13 5.19 1.07
2019-06-30 1.14 -0.01 1.15
2019-03-31 0.88 -0.31 1.10
2018-12-31 0.79 -0.41 1.12
2018-09-30 1.19 -0.25 1.29
2018-06-30 1.64 0.14 1.27
2018-03-31 1.45 0.05 1.30
2017-12-31 1.85 0.42 1.28
2017-09-30 1.85 0.63 1.02
2017-06-30 1.64 0.51 0.85
2017-03-31 2.28 1.01 0.93
2016-12-31 2.48 1.05 1.06
2016-09-30 2.60 0.92 1.25
2016-06-30 2.95 1.55 1.55
2016-03-31 2.49 1.03 1.59
2015-12-31 1.70 0.21 1.64
2015-09-30 2.09 0.62 1.79
2015-06-30 1.75 -0.26 1.80
2015-03-31 1.80 -0.36 1.74
2014-12-31 2.48 0.21 1.68
2014-09-30 2.39 0.00 1.56
2014-06-30 2.35 0.01 1.50
2014-03-31 2.52 0.34 1.47
2013-12-31 2.53 0.40 1.46
2013-09-30 1.68 -0.50 0.53
2013-06-30 1.29 -0.99 0.52
2013-03-31 0.56 -1.87 0.55

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Jordan Investment Trust P.L.C has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jordan Investment Trust P.L.C used its assets more efficiently than the JO Capital Markets industry average last year based on Return on Assets.
  • Jordan Investment Trust P.L.C has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Jordan Investment Trust P.L.C's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Jordan Investment Trust P.L.C has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

JOIT Health

 How is Jordan Investment Trust P.L.C's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Jordan Investment Trust P.L.C's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jordan Investment Trust P.L.C is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jordan Investment Trust P.L.C's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jordan Investment Trust P.L.C's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 26.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Jordan Investment Trust P.L.C Company Filings, last reported 2 months ago.

ASE:JOIT Past Debt and Equity Data
Date (Data in JOD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 35.63 0.56 14.48
2019-09-30 35.52 0.59 6.75
2019-06-30 30.31 0.63 6.92
2019-03-31 30.08 0.67 7.08
2018-12-31 30.16 0.68 6.44
2018-09-30 30.69 0.18 6.79
2018-06-30 30.95 0.22 7.33
2018-03-31 31.23 0.27 7.70
2017-12-31 31.63 0.27 8.28
2017-09-30 31.69 0.27 8.11
2017-06-30 31.34 0.45 7.90
2017-03-31 31.45 0.46 8.23
2016-12-31 31.20 0.68 7.18
2016-09-30 31.07 0.68 7.44
2016-06-30 31.01 0.68 7.49
2016-03-31 30.60 0.68 7.77
2015-12-31 30.31 0.68 6.85
2015-09-30 30.33 0.69 6.92
2015-06-30 29.44 1.08 7.15
2015-03-31 27.69 1.29 7.65
2014-12-31 28.25 1.30 7.21
2014-09-30 27.79 1.39 6.90
2014-06-30 27.91 1.42 7.19
2014-03-31 27.14 5.01 7.82
2013-12-31 27.01 5.14 8.05
2013-09-30 26.29 5.07 7.45
2013-06-30 26.74 4.94 7.81
2013-03-31 26.72 4.96 8.18
  • Jordan Investment Trust P.L.C's level of debt (1.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (4.6% vs 1.6% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 66.8x coverage).
X
Financial health checks
We assess Jordan Investment Trust P.L.C's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Jordan Investment Trust P.L.C has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

JOIT Dividends

 What is Jordan Investment Trust P.L.C's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Jordan Investment Trust P.L.C dividends.
If you bought JOD2,000 of Jordan Investment Trust P.L.C shares you are expected to receive JOD0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Jordan Investment Trust P.L.C's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Jordan Investment Trust P.L.C's dividend against the top 25% market benchmark as the company has not reported any payouts.
Upcoming dividend payment

Purchase Jordan Investment Trust P.L.C before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASE:JOIT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 243 Stocks 2.2%
Jordan Market Average Dividend Yield Market Cap Weighted Average of 60 Stocks 6.5%
Jordan Minimum Threshold Dividend Yield 10th Percentile 3.7%
Jordan Bottom 25% Dividend Yield 25th Percentile 5.8%
Jordan Top 25% Dividend Yield 75th Percentile 8.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASE:JOIT Past Annualized Dividends Data
Date (Data in JOD) Dividend per share (annual) Avg. Yield (%)
2010-04-15 0.000 0.000
2009-10-15 0.000 0.000
2009-07-15 0.000 0.000
2009-04-15 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Jordan Investment Trust P.L.C has not reported any payouts.
  • Unable to verify if Jordan Investment Trust P.L.C's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Jordan Investment Trust P.L.C's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Jordan Investment Trust P.L.C has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Jordan Investment Trust P.L.C's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Jordan Investment Trust P.L.C afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jordan Investment Trust P.L.C has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

JOIT Management

 What is the CEO of Jordan Investment Trust P.L.C's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ahmed Tantash
COMPENSATION JOD232,116
AGE 52
TENURE AS CEO 14.9 years
CEO Bio

Mr. Ahmed Hamzeh Tantash has been a Vice Chairman of Jordan Investment Trust PLC since November 9, 2017 and as its Chief Executive Officer since April 2015 and also serves as its Managing Director. Mr. Tantash serves as the Chairman of the Board and Chief Executive Officer of imcan. He serves as a Vice President of Jordan National Shipping Lines PLC. He was the Founder of Imcan Brokerage and Trading Company. He was Founder of INTAJ Organization. He established Turn Key Solution (TIS), following that in June 2003. He served as Executive Manager of Jordan Invest since 2003. He served as Vice president of Siniora Food Industries PLC and National Marine Navigation Co. He established Tantash Group. He serves as the Chairman of Turnkey Information Solutions P.S.C. He served as the Chairman and of Jordan Investment Trust PLC until November 9, 2017. He serves as Vice Chairman of First Education Holding W.L.L. He serves as a Vice Chairman of the National Shipping Lines. He served as President of the board of JABA. He has been a Director of Jordan Investment Trust PLC since April 3, 2005. He serves as a Director at Arab Life & Accident Insurance Co. and Jordan Investment. He serves as a Member of the Advisory Committee at Jordan Dubai Capital and served as its Director. He served as Director of Ihdathiat Real Estate Co.Ltd. since September 30, 2009 until February 5, 2012. He served as Director of Finance Bank (Invest Bank). He served as Board member of Arab Insurance Company. Mr. Tantash holds Bachelors Degree in Electrical Engineering from University of Jordan and Masters Degree in Information Systems Technology from George Washington University in 1992, Washington DC in 1992 and MBA from London Business School in 1998.. He has Diploma in Business Management from London School of Business.

CEO Compensation
  • Ahmed's compensation has increased in line with Jordan Investment Trust P.L.C recently becoming profitable.
  • Ahmed's remuneration is about average for companies of similar size in Jordan.
Management Team

Ahmed Tantash

TITLE
Vice-Chairman & CEO
COMPENSATION
JOD232K
AGE
52
TENURE
14.9 yrs

Ala Al Misri

TITLE
Finance Manager

Alfinaz Abdurrauf

TITLE
Operation & Treasury Manager and Vice President
COMPENSATION
JOD8K
AGE
52

Wael Al Sannah

TITLE
Corporate Finance Manager
COMPENSATION
JOD5K
Board of Directors

Shadi Ramzi Al-Majali

TITLE
Chairman of the Board
COMPENSATION
JOD3K
AGE
57

Ahmed Tantash

TITLE
Vice-Chairman & CEO
COMPENSATION
JOD232K
AGE
52
TENURE
3.2 yrs

Mazen Hamzeh Ahmad Tantash

TITLE
Director
COMPENSATION
JOD1K
AGE
46

Mutaz Husamuddin Al Alami

TITLE
Representative Director
COMPENSATION
JOD3K
AGE
52

Amer Mohammad Al Basheir

TITLE
Representative Director
COMPENSATION
JOD2K
AGE
53

Mohammed AlTaani

TITLE
Director
COMPENSATION
JOD3K
AGE
58
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (JOD) Value (JOD)
X
Management checks
We assess Jordan Investment Trust P.L.C's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Jordan Investment Trust P.L.C has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

JOIT News

Simply Wall St News

JOIT Company Info

Description

Jordan Investment Trust PLC provides various integrated investment banking services in Jordan and internationally. It operates in two segments, Financial Investments and Investment Properties. The company trades in equities and bonds, invests in associates, acts as a custodian, and offers deposit services, as well as trades in and rents properties and land. It offers advisory services related to the financial restructuring of companies, including designing the optimal financial solutions and negotiating financial agreements, as well as arranging equity, debt, or other financing schemes; and mergers and acquisitions advisory services. In addition, the company provides divestiture services comprising the valuation of the divested entity and formulation of the selling strategies; asset management services, such as structured portfolios for pension funds, insurance agencies, corporations, and individual investors; and first trust funds for financial securities. Further, it provides brokerage advisory services; and research analysis services on publicly-traded companies. Jordan Investment Trust PLC was founded in 1998 and is headquartered in Amman, Jordan.

Details
Name: Jordan Investment Trust P.L.C
JOIT
Exchange: ASE
Founded: 1998
JOD19,089,054
27,270,078
Website: http://www.jordinvest.com.jo
Address: Jordan Investment Trust P.L.C
Abed Al Min'em Riyad Street,
3rd Circle,
Amman,
11191,
Jordan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASE JOIT Ordinary shares Amman Stock Exchange JO JOD 02. Jul 2001
Number of employees
Current staff
Staff numbers
0
Jordan Investment Trust P.L.C employees.
Industry
Investment Banking and Brokerage
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 17:00
End of day share price update: 2020/03/16 00:00
Last earnings filing: 2020/03/09
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.