JMMB Group (XJAM:JMMBGL) Operating Income: JMD9,708 Mil (TTM As of Mar. 2026)


XJAM:JMMBGL JMMB Group Ltd XJAM:JMMBGL
77 GF Score
Price JMD14.99
GF Value JMD25.12
Valuation Possible Value Trap
! 5 Warning Signs
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What is JMMB Group Operating Income?

JMMB Group XJAM:JMMBGL +0.40% 77 Operating Income is JMD9,708 Mil as of Mar. 2026. GuruFocus rates XJAM:JMMBGL with a GF Score™ of 77/100 and a GF Value™ of JMD25.12 (Possible Value Trap). The stock has 5 warning signs investors should review.

JMMB Group's Operating Income for the three months ended in Mar. 2026 was JMD-14,950 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was JMD9,708 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. JMMB Group's Operating Income for the three months ended in Mar. 2026 was JMD-14,950 Mil. JMMB Group's Revenue for the three months ended in Mar. 2026 was JMD13,555 Mil. Therefore, JMMB Group's Operating Margin % for the quarter that ended in Mar. 2026 was -110.29%.

JMMB Group's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JMMB Group's annualized ROC % for the quarter that ended in Mar. 2026 was -5.43%. JMMB Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -955.28%.

JMMB Group  (XJAM:JMMBGL) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

JMMB Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-59798.692 * ( 1 - 4% )/( (1008480.844 + 1106407.59)/ 2 )
=-57406.74432/1057444.217
=-5.43 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=757289.129 - 18857.916 - ( 69842.961 - max(0, 593998.277 - 323948.646+69842.961))
=1008480.844

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=761551.695 - 16973.57 - ( 123185.407 - max(0, 613777.133 - 251947.668+123185.407))
=1106407.59

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

JMMB Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-71184.788/( ( (9414.719 + max(-272351.971, 0)) + (5488.658 + max(-244836.866, 0)) )/ 2 )
=-71184.788/( ( 9414.719 + 5488.658 )/ 2 )
=-71184.788/7451.6885
=-955.28 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6574.185 + 0 + 255.21400000004) - (18857.916 + 0 + 260323.454)
=-272351.971

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4881.294 + 0 + 32775.105) - (16973.57 + 0 + 265519.695)
=-244836.866

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

JMMB Group's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-14949.673/13554.532
=-110.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

JMMB Group Operating Income Related Terms

JMMB Group Operating Income Historical Data

* Premium members only.

The historical data trend for JMMB Group's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

JMMB Group Operating Income Chart

JMMB Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 12,640.62 7,722.72 -5,610.41 5,431.63 9,708.31

JMMB Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15,701.69 7,397.25 8,866.11 8,394.62 -14,949.67
XJAM:JMMBGL
77GF Score
JMMB Group Ltd XJAM:JMMBGL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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JMMB Group Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was JMD9,708 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of JMD9,708 Mil mean?
JMMB Group (XJAM:JMMBGL) has a Operating Income of JMD9,708 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on JMMB Group and its competitors.
Is JMMB Group's Operating Income too high?
JMMB Group's current Operating Income is JMD9,708 Mil. Overall, JMMB Group has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JMMB Group's Operating Income compare to VOYA and FRHC?
JMMB Group's Operating Income of JMD9,708 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Diversified Financial Services company?
A good Operating Income depends on the Diversified Financial Services industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on JMMB Group and its competitors. JMMB Group's current Operating Income is JMD9,708 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JMMB Group stock overvalued right now?
Based on GuruFocus' analysis, JMMB Group (XJAM:JMMBGL) is currently considered Possible Value Trap. The stock's GF Value™ is JMD25.12, compared to a current price of JMD14.99 — trading 40.3% below its estimated fair value. The current Operating Income is JMD9,708 Mil. JMMB Group's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For JMMB Group (XJAM:JMMBGL), the current Operating Income is JMD9,708 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JMMB Group (XJAM:JMMBGL) Overvalued in 2026?

Based on GuruFocus' analysis, JMMB Group stock appears to be undervalued. The current stock price of JMD14.99 is trading 40.3% below its estimated GF Value™ of JMD25.12. GuruFocus considers JMMB Group to be Possible Value Trap.

Key valuation signals for XJAM:JMMBGL:

  • Operating Income: JMD9,708 Mil
  • GF Value™: JMD25.12 vs. price of JMD14.99 (40.3% below fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the XJAM:JMMBGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JMMB Group Business Description

Address 6 Haughton Terrace, Kingston, JAM, 10
JMMB Group Ltd is engaged in holding equity investments in business enterprises. The group's activities are organised into three main business segments: Financial and related services, which include securities brokering, stock brokering, portfolio planning, funds management, and investment advisory services; Banking and related services, which include taking deposits, granting loans and other credit facilities, foreign currency trading, and remittance and related services; and Others, which represents insurance brokering, investment and real estate holding. Maximum revenue is generated from its Financial and related services segment. Geographically, the group generates a majority of its revenue from Jamaica, followed by the Dominican Republic, Trinidad and Tobago, and Barbados.
77GF Score

Get the complete analysis for XJAM:JMMBGL

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JMD14.99
Price
JMD25.12
GF Value