Does JM Group have an economic moat?
Maybe
JM Group earns 11,770.8% a year on the money invested in it: decent, but not the clear sign of a wide moat.
The numbers behind it
Return on invested capital, average of recent years11,770.8%
Return on invested capital, latest year68.6%
Gross margin14.2%Share of each sale left after production costs
Net margin6.9%
How we decide
A moat shows up in the numbers as high returns that last. We call it likely when the average return on invested capital over recent years is at least 15% and the gross margin at least 40%, and possible from 10%. The numbers can't show where a moat comes from (brand, network, patents), only that one seems to exist.
More questions about JM Group
Data as of Jun 12, 2026.