JOINT Corp (JYNT) has a 5-year average return on invested capital (ROIC) of 17.5%. This indicates strong capital allocation and a potential competitive advantage.
JOINT Corp (JYNT) has a market capitalization of $119M. It is classified as a small-cap stock.
JOINT Corp (JYNT) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 10.45%.
JOINT Corp (JYNT) operates in the Patent Owners & Lessors industry, within the Financials sector.
JOINT Corp (JYNT) reported annual revenue of $52 million in its most recent fiscal year, based on SEC EDGAR filings.
JOINT Corp (JYNT) has a net profit margin of -11.1%. The company is currently unprofitable.
JOINT Corp (JYNT) generated $8 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
"Our mission is to improve quality of life through routine and affordable chiropractic care." We are a rapidly growing franchisor and operator of chiropractic clinics that uses a private pay, non-insurance, cash-based model. We seek to be the leading provider of chiropractic care in the markets we serve and to become the most recognized brand in our industry. We delivered over 14.7 million patient visits in 2024, up from 13.6 million patient visits in 2023, generating over $530.3 million and $488 million of system-wide sales, respectively, across our highly franchised network. We will continue the rapid and franchise focused expansion of chiropractic clinics in key markets throughout North America and potentially abroad. We strive to accomplish our mission by making quality care readily available and affordable in a retail setting.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 57M | 52M | 118M | 101M | 80M | 59M |
| Net Income | 3.4M | -5.8M | -9.8M | 627K | 7.6M | 13M |
| EPS | $0.23 | $-0.38 | $-0.65 | $0.04 | $0.51 | $0.90 |
| Free Cash Flow | 2.7M | 8.2M | 9.7M | 2.3M | 6.9M | 8.0M |
| ROIC | 22.0% | -7.2% | -34.0% | 2.0% | 29.3% | 97.5% |
| Gross Margin | - | 77.9% | 38.3% | 46.9% | 90.4% | 88.9% |
| Debt/Equity | 0.00 | 3.03 | 0.08 | 0.06 | 0.09 | 0.10 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 639K | -1.9M | 254K | -1.9M | 6.1M | 5.5M |
| Operating Margin | 1.1% | -3.6% | 0.2% | -1.9% | 7.7% | 9.4% |
| ROE | 22.0% | -25.5% | -34.0% | 2.0% | 29.4% | 98.1% |
| Shares Outstanding | 14M | 15M | 15M | 15M | 15M | 15M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 6.0M | 7.1M | 14M | 21M | 25M | 37M | 48M | 59M | 80M | 101M | 118M | 52M | 57M |
| Gross Margin | 66.3% | 67.0% | 79.6% | 85.7% | 87.1% | 88.2% | 88.5% | 88.9% | 90.4% | 46.9% | 38.3% | 77.9% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 3.5M | 6.4M | 20M | 29M | 25M | 32M | 39M | 47M | 66M | 42M | 36M | N/A | 45M |
| EBIT | 440K | -1.6M | -9.3M | -15M | -3.3M | 143K | 3.4M | 5.5M | 6.1M | -1.9M | 254K | -1.9M | 639K |
| Op. Margin | 7.4% | -22.9% | -67.3% | -73.1% | -13.4% | 0.4% | 7.0% | 9.4% | 7.7% | -1.9% | 0.2% | -3.6% | 1.1% |
| Net Income | 156K | -3.0M | -8.8M | -15M | -3.4M | 147K | 3.3M | 13M | 7.6M | 627K | -9.8M | -5.8M | 3.4M |
| Net Margin | 2.6% | -42.6% | -63.6% | -73.9% | -13.8% | 0.4% | 6.9% | 22.4% | 9.5% | 0.6% | -8.3% | -11.1% | 6.0% |
| Non-Recurring | 0 | -10K | 12K | 57K | 15K | 0 | -114K | -1K | -125K | -410K | -2.6M | 66K | 66K |
| Returns on Capital | |||||||||||||
| ROIC | 1.7% | -8.2% | -47.7% | -106.4% | -14.3% | 0.8% | 7.7% | 97.5% | 29.3% | 2.0% | -34.0% | -7.2% | 22.0% |
| ROE | -13.2% | -42.1% | -48.5% | -109.9% | -85.0% | 15.6% | 103.1% | 98.1% | 29.4% | 2.0% | -34.0% | -25.5% | 22.0% |
| ROA | 1.6% | -15.9% | -28.5% | -60.2% | -19.3% | 0.7% | 9.9% | 24.0% | 9.9% | 0.7% | -10.8% | -6.8% | 5.9% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 422K | -437K | -6.8M | -11M | -74K | 5.5M | 7.5M | 11M | 14M | 8.2M | 15M | 9.4M | 4.1M |
| Free Cash Flow | 181K | -1.1M | -11M | -12M | -523K | 4.3M | 4.0M | 8.0M | 6.9M | 2.3M | 9.7M | 8.2M | 2.7M |
| Owner Earnings | 261K | -749K | -8.9M | -15M | -2.7M | 3.3M | 4.9M | 7.6M | 8.9M | 289K | 4.4M | 3.0M | 1.0M |
| CapEx | 241K | 659K | 4.1M | 1.6M | 449K | 1.1M | 3.5M | 3.2M | 7.0M | 5.9M | 5.0M | 1.2M | 1.4M |
| Maint. CapEx | 71K | 210K | 1.3M | 2.6M | 2.0M | 1.6M | 1.9M | 2.7M | 3.9M | 6.6M | 8.6M | 4.7M | 1.7M |
| Growth CapEx | 171K | 449K | 2.8M | 0 | 0 | 0 | 1.6M | 422K | 3.1M | 0 | 0 | 0 | 0 |
| D&A | 71K | 210K | 1.3M | 2.6M | 2.0M | 1.6M | 1.9M | 2.7M | 3.9M | 6.6M | 8.6M | 4.7M | 1.7M |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | 20.4% | 46.3% | 28.2% | 50.5% | 71.9% | 34.1% | 12.6% | 34.6% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 240K | 0 | 0 | 83K | 3K | 5K | 20K | 32K | 708K | 6K | 4K | 10K | 12M |
| Buyback Yield | N/A | N/A | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 10.5% |
| Stock-Based Comp | 90K | 102K | 825K | 1.1M | 594K | 628K | 721K | 886K | 1.1M | 1.3M | 1.7M | 1.7M | 1.3M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | N/A | N/A | -16M | -2.3M | -3.2M | -7.6M | -7.4M | -18M | -17M | -7.7M | -16M | N/A | -21M |
| Cash & Equiv. | 3.5M | 21M | 17M | 3.0M | 4.2M | 8.7M | 8.5M | 21M | 20M | 9.7M | 18M | N/A | 21M |
| Long-Term Debt | N/A | N/A | 582K | 332K | 100K | 0 | 34K | 132K | 88K | 64K | 38K | N/A | N/A |
| Debt/Equity | -9.00 | 0.82 | 0.05 | 0.10 | 0.87 | 1.51 | 0.19 | 0.10 | 0.09 | 0.06 | 0.08 | 3.03 | 0.00 |
| Interest Coverage | N/A | N/A | -3105.5 | -983.4 | N/A | N/A | 499.8 | 474.5 | 679.8 | -418.3 | 80.2 | -27.2 | -27.2 |
| Equity | -1.2M | 16M | 21M | 6.9M | 1.2M | 728K | 5.7M | 21M | 30M | 33M | 25M | 21M | 15M |
| Total Assets | 9.8M | 28M | 33M | 17M | 18M | 23M | 44M | 66M | 87M | 93M | 87M | 83M | 58M |
| Total Liabilities | 11M | 13M | 13M | 10M | 17M | 23M | 38M | 45M | 57M | 61M | 62M | 62M | 42M |
| Intangibles | N/A | 153K | 2.5M | 2.3M | 1.8M | 1.6M | 3.2M | 2.9M | 4.7M | 11M | 5.0M | N/A | N/A |
| Retained Earnings | -2.0M | -5.0M | -14M | -29M | -36M | -37M | -34M | -20M | -13M | -12M | -22M | -28M | -23M |
| Working Capital | 2.1M | 19M | 0 | 0 | 1.3M | 1.0M | -263K | 6.9M | 5.5M | -5.6M | 11M | 26M | 26M |
| Current Assets | 5.7M | 23M | 0 | 0 | 6.7M | 11M | 13M | 25M | 27M | 18M | 44M | 75M | 75M |
| Current Liabilities | 3.6M | 4.3M | 0 | 0 | 5.4M | 10M | 14M | 18M | 21M | 23M | 34M | 49M | 49M |
| Per Share Data | |||||||||||||
| EPS | 0.02 | -0.56 | -0.88 | -1.20 | -0.26 | 0.01 | 0.23 | 0.90 | 0.51 | 0.04 | -0.65 | -0.38 | 0.23 |
| Owner EPS | 0.03 | -0.14 | -0.89 | -1.15 | -0.20 | 0.22 | 0.34 | 0.52 | 0.60 | 0.02 | 0.29 | 0.20 | 0.07 |
| Book Value | -0.16 | 2.89 | 2.07 | 0.55 | 0.09 | 0.05 | 0.40 | 1.44 | 2.04 | 2.24 | 1.65 | 1.35 | 1.08 |
| Cash Flow/Share | 0.05 | -0.08 | -0.68 | -0.86 | -0.01 | 0.37 | 0.52 | 0.76 | 0.93 | 0.57 | 0.98 | 0.62 | 0.36 |
| Dividends/Share | N/A | N/A | 0.00 | 0.00 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 7.8M | 5.4M | 10.0M | 12.6M | 13.2M | 14.7M | 14.5M | 14.6M | 14.8M | 14.5M | 15.0M | 15.3M | 14.3M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | 848.0 | 70.8 | 28.5 | 125.8 | 387.8 | N/A | N/A | 35.6 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | 28.7 | 58.3 | 46.8 | 138.8 | 97.5 | 15.1 | 18.4 | 44.9 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | 66.4 | 64.6 | 152.1 | 281.7 | N/A | N/A | 154.1 |
| Price/Book | N/A | 2.1 | N/A | N/A | 57.2 | 171.0 | 41.1 | 17.8 | 31.4 | 7.5 | 5.9 | 7.3 | 7.7 |
| Price/Sales | N/A | 4.9 | N/A | N/A | 2.2 | 2.9 | 4.8 | 4.2 | 12.6 | 4.0 | 4.1 | 3.5 | 2.1 |
| FCF Yield | N/A | -3.3% | N/A | N/A | -0.8% | 3.5% | 1.7% | 2.1% | 0.7% | 1.0% | 6.6% | 5.4% | 2.2% |
| Market Cap | N/A | 33M | 0 | 0 | 66M | 124M | 235M | 375M | 951M | 243M | 146M | 151M | 119M |
| Avg. Price | N/A | 6.40 | 0.00 | 0.00 | 4.14 | 7.26 | 16.08 | 16.67 | 68.19 | 26.07 | 12.81 | 12.04 | 8.35 |
| Year-End Price | N/A | 6.07 | 0.00 | 0.00 | 5.00 | 8.48 | 16.28 | 25.65 | 64.14 | 15.51 | 9.71 | 9.90 | 8.35 |
JOINT Corp passes 4 of 9 quality checks, suggesting mixed fundamentals.
On a free-cash-flow basis, the stock trades at 76.0x vs a median of 37.7x. The company's 5-year average ROIC is 17.5% with a gross margin of 68.5%. Total shareholder yield (buybacks) is 10.5%. At current prices, the estimated annualized return to fair value is -1.3%.
JOINT Corp (JYNT) has a debt-to-equity ratio of 3.03. This indicates higher leverage, which may increase financial risk.
JOINT Corp (JYNT) reported earnings per share (EPS) of $-0.38 in its most recent fiscal year.
JOINT Corp (JYNT) has a return on equity (ROE) of -25.5%. A negative ROE may indicate losses or negative equity.
JOINT Corp (JYNT) has a 5-year average gross margin of 68.5%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 12 years of financial data for JOINT Corp (JYNT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
JOINT Corp (JYNT) has a book value per share of $1.35, based on its most recent annual SEC filing.