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JPMorgan UK Small Cap Growth &ome (LSE:JUGI) Return-on-Tangible-Equity : 15.51% (As of Jan. 2024)


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What is JPMorgan UK Small Cap Growth &ome Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. JPMorgan UK Small Cap Growth &ome's annualized net income for the quarter that ended in Jan. 2024 was £38.55 Mil. JPMorgan UK Small Cap Growth &ome's average shareholder tangible equity for the quarter that ended in Jan. 2024 was £248.65 Mil. Therefore, JPMorgan UK Small Cap Growth &ome's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 15.51%.

The historical rank and industry rank for JPMorgan UK Small Cap Growth &ome's Return-on-Tangible-Equity or its related term are showing as below:

LSE:JUGI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.83   Med: 5.9   Max: 50.57
Current: 3.87

During the past 13 years, JPMorgan UK Small Cap Growth &ome's highest Return-on-Tangible-Equity was 50.57%. The lowest was -26.83%. And the median was 5.90%.

LSE:JUGI's Return-on-Tangible-Equity is ranked worse than
54.02% of 1679 companies
in the Asset Management industry
Industry Median: 5.09 vs LSE:JUGI: 3.87

JPMorgan UK Small Cap Growth &ome Return-on-Tangible-Equity Historical Data

The historical data trend for JPMorgan UK Small Cap Growth &ome's Return-on-Tangible-Equity 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.

* Premium members only.

JPMorgan UK Small Cap Growth &ome Return-on-Tangible-Equity Chart

JPMorgan UK Small Cap Growth &ome Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.75 3.65 50.57 -26.83 -5.12

JPMorgan UK Small Cap Growth &ome Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Return-on-Tangible-Equity 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 -18.67 -35.49 -2.53 -7.79 15.51

Competitive Comparison of JPMorgan UK Small Cap Growth &ome's Return-on-Tangible-Equity

For the Asset Management subindustry, JPMorgan UK Small Cap Growth &ome's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JPMorgan UK Small Cap Growth &ome's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan UK Small Cap Growth &ome's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where JPMorgan UK Small Cap Growth &ome's Return-on-Tangible-Equity falls into.



JPMorgan UK Small Cap Growth &ome Return-on-Tangible-Equity Calculation

JPMorgan UK Small Cap Growth &ome's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=-12.857/( (260.447+242.204 )/ 2 )
=-12.857/251.3255
=-5.12 %

JPMorgan UK Small Cap Growth &ome's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Jul. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Jul. 2023 )(Q: Jan. 2024 )
=38.554/( (242.204+255.103)/ 2 )
=38.554/248.6535
=15.51 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


JPMorgan UK Small Cap Growth &ome  (LSE:JUGI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


JPMorgan UK Small Cap Growth &ome Return-on-Tangible-Equity Related Terms

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JPMorgan UK Small Cap Growth &ome (LSE:JUGI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan UK Smaller Companies Investment Trust PLC is an investment trust company. Its investment objective is to achieve capital growth from UK listed smaller companies by out-performance of the company's benchmark index, the FTSE Small Cap Index and a rising share price over the longer term by taking carefully controlled risks. In order to achieve its objective, the company invests in a diversified portfolio of small companies, emphasizing capital rather than income growth. The company manages its risk relative to its benchmark index by limiting the active portfolio exposure to stocks and sectors. It mainly invests in smaller companies which tend to be more volatile than larger companies.

JPMorgan UK Small Cap Growth &ome (LSE:JUGI) Headlines

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