Company Overview
J.W. Mays, Inc. engages in the owning, operation, and leasing of commercial real estate properties located across various regions in the United States, including specific sites in Brooklyn, Jamaica, Fishkill, Levittown, and Massapequa in New York, as well as Circleville in Ohio. This enterprise operates within the Real Estate sector and is classified under the Real Estate Services industry, positioning it as a specialized provider of property management and leasing solutions rather than a broad-based developer. The company currently maintains a market capitalization of $80.61M and employs 24 individuals to support its operations. These financial and operational metrics indicate that J.W. Mays, Inc. functions as a small-cap entity with a relatively modest revenue stream of $21.75M, suggesting a niche focus on local commercial assets rather than large-scale national portfolios.
Financial Health
The company reported a trailing twelve-month revenue of $21.75M, yet it recorded a net income loss of $848,203 over the same period, while generating an EBITDA of $628,652. The significant gap between the positive EBITDA and the negative net income reveals a substantial cost structure burdened by non-operating expenses or tax implications that erode bottom-line profitability despite operational cash generation. Despite the net loss, the firm generated positive free cash flow of $2.09M, which provides a critical layer of financial flexibility for maintaining operations without immediate reliance on external financing. However, the balance sheet shows a total debt obligation of $28.13M against liquid cash holdings of only $434,420, creating a disparity that suggests a leveraged position rather than a conservative one. This leverage is quantified by a debt-to-equity ratio of 54.19, indicating that the company utilizes significant borrowed capital relative to shareholder equity. Liquidity is supported by a current ratio of 1.47, which indicates that current assets are sufficient to cover short-term liabilities, though the margin is not excessively high. Furthermore, the Return on Equity stands at -1.6% and the Return on Assets is -0.9%, metrics that reveal management is currently unable to generate positive returns on the capital invested by shareholders or utilized in asset operations.
Valuation Assessment
The P/E Ratio (TTM) is listed as N/A, while the Forward P/E is also N/A, implying that the absence of earnings data prevents the application of standard earnings-based valuation multiples. Consequently, the market values the company based on its price-to-book ratio of 1.55, which indicates that the stock trades at a premium of 55% above its tangible book value. Additionally, the price-to-sales ratio stands at 3.71, and the EV/EBITDA multiple is exceptionally high at 172.29, suggesting that the market is pricing in significant future growth expectations or that the current earnings metrics do not yet reflect the company's true operational value. In terms of trading range, the 52-week high is $61.99 and the 52-week low is $32.32. Without a specific current price provided in the facts, the precise percentage distance from the high or low cannot be calculated, but the range defines the volatility floor and ceiling for the equity. The stock exhibits a beta of 0.09, which indicates that the company's price volatility is extremely low relative to the broader market, moving independently of general market trends.
Growth & Income
Revenue growth year-over-year is recorded at -7.7%, while earnings growth is listed as N/A due to the negative net income position. The decline in revenue suggests a contraction in the leasing portfolio or occupancy rates, and the lack of earnings growth data combined with the net loss implies that profitability is not currently expanding alongside top-line activity. The company does not pay a dividend, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%. Since the payout ratio is zero, the company is not distributing cash to shareholders and instead retains all earnings, though in this instance, it is retaining losses rather than reinvesting profits into growth. The overall growth and income profile is characterized by negative revenue expansion, a complete lack of dividend income, and a valuation that relies heavily on asset-backed metrics rather than earnings power.