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JCTCJewett-Cameron Trading Company Ltd.
$2.28$8M
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  4. Financial Ratios

Jewett-Cameron Trading Company Ltd. (JCTC) Financial Ratios

Latest Ratios: P/E Ratio -1.9x · EV/EBITDA N/A · ROE -18.1%. (2005–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

JCTC Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$8M$13M—————————
Enterprise Value$10M$15M—————————
P/E Ratio →-1.95——————————
P/S Ratio0.190.31—————————
P/B Ratio0.390.61—————————
P/FCF———————————
P/OCF———————————

P/E links to full P/E history page with 30-year chart

JCTC EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—0.35—————————
EV / EBITDA———————————
EV / EBIT———————————
EV / FCF———————————

JCTC Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin15.1%15.1%18.8%22.6%21.9%24.6%27.8%21.9%21.5%23.2%20.2%
Operating Margin-9.1%-9.1%-3.8%0.8%3.1%6.5%8.6%6.0%7.9%9.3%7.5%
Net Profit Margin-10.0%-10.0%1.5%-0.0%1.9%6.0%6.2%4.6%5.4%5.7%4.4%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-18.1%-18.1%2.9%-0.1%5.0%16.4%14.0%10.0%14.2%14.6%12.1%
ROA-15.6%-15.6%2.5%-0.1%3.7%13.2%12.2%9.2%12.8%13.0%10.8%
ROIC-13.2%-13.2%-5.9%1.2%5.3%13.7%21.4%15.8%22.1%24.8%20.8%
ROCE-16.4%-16.4%-7.2%1.8%8.4%17.5%19.2%13.1%20.8%23.8%20.6%

JCTC Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.100.10—0.050.290.130.04————
Debt / EBITDA———1.523.060.750.17————
Net Debt / Equity—0.09-0.200.050.270.08-0.16-0.47-0.29-0.30-0.26
Net Debt / EBITDA———1.422.850.46-0.77-3.30-1.34-1.25-1.16
Debt / FCF——-0.820.22———-1.54-4.19-3.09-2.03
Interest Coverage———1.0910.70289.77—————

JCTC Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio4.634.638.794.332.844.105.8111.319.457.727.25
Quick Ratio1.241.243.801.110.861.763.187.614.934.123.76
Cash Ratio0.050.051.840.010.050.191.095.602.812.421.95
Asset Turnover—1.621.711.821.821.971.932.052.282.152.42
Inventory Turnover2.212.212.912.292.383.013.535.564.324.164.76
Days Sales Outstanding—34.1528.4037.8841.7344.9850.9522.7828.1127.2825.36

JCTC Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————————
Buyback Yield0.0%0.0%—————————
Total Shareholder Yield0.0%0.0%—————————
Shares Outstanding—$4M$4M$3M$3M$3M$4M$4M$4M$5M$5M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Critical liquidity and solvency

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q2)

Distressed Valuation Reflects Operational Headwinds

Based on reported figures, JCTC trades at a P/S multiple of 0.19, which suggests the market is pricing the company as a distressed asset rather than a growth-oriented entity, especially when compared to the significantly higher valuation multiples commanded by larger industry peers like Trex Company.

The negative P/E of -1.88 and the lack of a forward P/E indicate that investors are currently unable to anchor the valuation on earnings, shifting the focus entirely to asset-based metrics. The P/B ratio of 0.37 implies that the market is discounting the book value of assets, likely due to concerns regarding the recoverability of inventory and the sustainability of the current business model.

Capital Efficiency Decaying Amid Losses

According to recent financial statements, JCTC's ROIC has trended into negative territory, reaching -4.2% in 2026Q2, which indicates that the company is currently destroying shareholder value rather than compounding it through its core industrial and distribution operations.

The consistent decline in ROIC over the observed ten-quarter period highlights a structural inability to generate returns above the cost of capital. This decay is primarily driven by persistent operating margin compression, suggesting that the company's current asset base is not being utilized effectively to drive profitable growth.

Working Capital Management Remains Strained

As reported in quarterly filings, the cash conversion cycle has remained elevated, peaking at 181 days in 2025Q4, which demonstrates significant inefficiencies in inventory turnover and suggests that the company is struggling to convert its product kits into cash within a reasonable timeframe.

The high days inventory outstanding, which reached 151 days in 2025Q4, indicates a potential mismatch between procurement cycles and retail demand velocity. This inefficiency forces the company to tie up precious liquidity in slow-moving stock, further exacerbating the cash burn observed in recent periods.

Debt Incursions During Operational Stress

Based on the provided balance sheet data, JCTC has seen its debt-to-equity ratio rise to 0.27 in 2026Q2, marking a shift from its historical debt-free status and indicating an increasing reliance on external financing to sustain operations during a period of negative cash flow.

While the absolute debt level remains modest, the negative interest coverage ratio of -8.09 in 2026Q2 suggests that the company lacks the operating income necessary to service its obligations comfortably. Investors should monitor whether this trend forces management to seek further dilutive capital or asset divestitures.

Misapplication of Price-to-Book Ratio

The P/B ratio is frequently misapplied to JCTC, as it obscures the reality that the company's book value is heavily comprised of inventory that may be subject to significant write-downs if market demand for DIY fencing continues to deteriorate.

Analysts should instead focus on the quick ratio and cash burn rate, as these metrics provide a more accurate assessment of the company's immediate survival prospects. Relying on P/B ignores the potential for rapid asset impairment, which could render the current valuation floor illusory in a liquidation scenario.

Download Financial Ratios Data

Includes 30+ ratios · 21 years · Updated daily

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JCTC — Frequently Asked Questions

Quick answers to the most common questions about buying JCTC stock.

What is Jewett-Cameron Trading Company Ltd.'s P/E ratio?

Jewett-Cameron Trading Company Ltd.'s current P/E ratio is -1.9x. This places it at the 50th percentile of its historical range.

What is Jewett-Cameron Trading Company Ltd.'s ROE?

Jewett-Cameron Trading Company Ltd.'s return on equity (ROE) is -18.1%. The historical average is 10.2%.

Is JCTC stock overvalued?

Based on historical data, Jewett-Cameron Trading Company Ltd. is trading at a P/E of -1.9x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Jewett-Cameron Trading Company Ltd.'s profit margins?

Jewett-Cameron Trading Company Ltd. has 15.1% gross margin and -9.1% operating margin.