JPMorgan Asia Growth &ome (CHIX:JAGIL) Piotroski F-Score: 8 (As of Jun. 28, 2026) — 33% Above Median


CHIX:JAGIL JPMorgan Asia Growth & Income PLC CHIX:JAGIL
45 GF Score
Price £3.71
GF Value £9.32
! 5 Warning Signs
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What is JPMorgan Asia Growth &ome Piotroski F-Score?

JPMorgan Asia Growth &ome CHIX:JAGIL 45 Piotroski F-Score is 8 as of Jun. 28, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates CHIX:JAGIL with a GF Score™ of 45/100 and a GF Value™ of £9.32. The stock has 5 warning signs investors should review. Among 1,594 Asset Management companies, JPMorgan Asia Growth &ome ranks better than 99.25% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

JPMorgan Asia Growth &ome has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for JPMorgan Asia Growth &ome's Piotroski F-Score or its related term are showing as below:

CHIX:JAGIl' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of JPMorgan Asia Growth &ome was 8. The lowest was 4. And the median was 6.

JPMorgan Asia Growth &ome  (CHIX:JAGIl) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


JPMorgan Asia Growth &ome Piotroski F-Score Related Terms


JPMorgan Asia Growth &ome Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for JPMorgan Asia Growth &ome's Piotroski F-Score 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.

JPMorgan Asia Growth &ome Piotroski F-Score Chart

JPMorgan Asia Growth &ome Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 4.00 5.00 6.00 8.00

JPMorgan Asia Growth &ome Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score 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 0.00 6.00 0.00 8.00 0.00

CHIX:JAGIL vs BLK, BX, KKR: Piotroski F-Score Comparison

For the Asset Management subindustry, JPMorgan Asia Growth &ome's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Asia Growth &ome Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Asia Growth &ome's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where JPMorgan Asia Growth &ome's Piotroski F-Score falls into.


CHIX:JAGIL
45GF Score
JPMorgan Asia Growth & Income PLC CHIX:JAGIL
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* 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.

This Year (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was £50.62 Mil.
Cash Flow from Operations was £1.80 Mil.
Revenue was £52.04 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (338.721 + 328.22) / 2 = £333.4705 Mil.
Total Assets at the begining of this year (Sep24) was £338.72 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Assets was £328.22 Mil.
Total Liabilities was £4.40 Mil.
Net Income was £40.40 Mil.

Revenue was £44.45 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (346.716 + 338.721) / 2 = £342.7185 Mil.
Total Assets at the begining of last year (Sep23) was £346.72 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Assets was £338.72 Mil.
Total Liabilities was £9.09 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

JPMorgan Asia Growth &ome's current Net Income (TTM) was 50.62. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

JPMorgan Asia Growth &ome's current Cash Flow from Operations (TTM) was 1.80. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Sep24)
=50.615/338.721
=0.14942977

ROA (Last Year)=Net Income/Total Assets (Sep23)
=40.397/346.716
=0.11651323

JPMorgan Asia Growth &ome's return on assets of this year was 0.14942977. JPMorgan Asia Growth &ome's return on assets of last year was 0.11651323. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

JPMorgan Asia Growth &ome's current Net Income (TTM) was 50.62. JPMorgan Asia Growth &ome's current Cash Flow from Operations (TTM) was 1.80. ==> 1.80 <= 50.62 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=0/333.4705
=0

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=0/342.7185
=0

JPMorgan Asia Growth &ome's gearing of this year was 0. JPMorgan Asia Growth &ome's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.

Current Ratio (This Year: Sep25)=Total Assets/Total Liabilities
=328.22/4.396
=74.6633303

Current Ratio (Last Year: Sep24)=Total Assets/Total Liabilities
=338.721/9.094
=37.24664614

JPMorgan Asia Growth &ome's current ratio of this year was 74.6633303. JPMorgan Asia Growth &ome's current ratio of last year was 37.24664614. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

JPMorgan Asia Growth &ome's number of shares in issue this year was 72.257. JPMorgan Asia Growth &ome's number of shares in issue last year was 85.476. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.

Net Margin (This Year: TTM)=Net Income/Revenue
=50.615/52.035
=0.97271068

Net Margin (Last Year: TTM)=Net Income/Revenue
=40.397/44.453
=0.90875756

JPMorgan Asia Growth &ome's net margin of this year was 0.97271068. JPMorgan Asia Growth &ome's net margin of last year was 0.90875756. ==> This year's net margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Sep24)
=52.035/338.721
=0.15362201

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=44.453/346.716
=0.12821156

JPMorgan Asia Growth &ome's asset turnover of this year was 0.15362201. JPMorgan Asia Growth &ome's asset turnover of last year was 0.12821156. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+0+1+1+1+1+1
=8

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

JPMorgan Asia Growth &ome has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
JPMorgan Asia Growth &ome (CHIX:JAGIL) has a Piotroski F-Score of 8 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on JPMorgan Asia Growth &ome and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, JPMorgan Asia Growth &ome's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, JPMorgan Asia Growth &ome ranks #12 out of 1594 companies in the Asset Management industry, placing it in the top 0.8%.
Is JPMorgan Asia Growth &ome's Piotroski F-Score too high?
JPMorgan Asia Growth &ome's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Asset Management industry median Piotroski F-Score is 5.00. JPMorgan Asia Growth &ome's value of 8 is 60% above this industry median. Based on the distribution chart, JPMorgan Asia Growth &ome ranks #12 out of 1594 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, JPMorgan Asia Growth &ome has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Asia Growth &ome's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan Asia Growth &ome ranks #12 out of 1594 companies for Piotroski F-Score. This places JPMorgan Asia Growth &ome in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. JPMorgan Asia Growth &ome's value of 8 is 60% above this benchmark. Historically, JPMorgan Asia Growth &ome's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, JPMorgan Asia Growth &ome has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,594 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JPMorgan Asia Growth &ome's current Piotroski F-Score of 8 is 60% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on JPMorgan Asia Growth &ome and its competitors. For the Asset Management industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan Asia Growth &ome's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Asia Growth &ome stock overvalued right now?
JPMorgan Asia Growth &ome (CHIX:JAGIL) has a current Piotroski F-Score of 8. The stock's GF Value™ is £9.32, compared to a current price of £3.71 — trading 60.2% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Asset Management industry median of 5.00. JPMorgan Asia Growth &ome's overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For JPMorgan Asia Growth &ome (CHIX:JAGIL), the current Piotroski F-Score is 8 as of Jun. 28, 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 JPMorgan Asia Growth &ome (CHIX:JAGIL) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan Asia Growth &ome stock appears to be undervalued. The current stock price of £3.71 is trading 60.2% below its estimated GF Value™ of £9.32.

Key valuation signals for CHIX:JAGIL:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: £9.32 vs. price of £3.71 (60.2% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 60% above the Asset Management median (#12 of 1594)

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


JPMorgan Asia Growth &ome Business Description

Other Exchanges JAGI:UK
Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Asia Growth & Income PLC is an investment trust and public limited company with closed-ended investment funds listed on the London Stock Exchange. The company aims to provide total return from investing in equities quoted on the stock markets of Asia, excluding Japan. It has a diversified portfolio of Asian stocks comprising around 50 to 80 investments. The company invests in a portfolio of Asian stocks with an emphasis on capital growth rather than income. Investment risks are managed by diversifying investments.
45GF Score

Get the complete analysis for CHIX:JAGIL

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

£3.71
Price
£9.32
GF Value