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JPMorgan European Discovery TrustCHIX:JEDTL 43 Return-on-Tangible-Asset is 3.58% as of Mar. 2026, which is 32% above its 10-year median of 2.71. GuruFocus rates CHIX:JEDTL with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 1,638 Asset Management companies, JPMorgan European Discovery Trust ranks better than 83.39% on this metric.
The historical rank and industry rank for JPMorgan European Discovery Trust's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:JEDTl'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.96 Med: 2.71 Max: 43.05
Current: 17.78
During the past 13 years, JPMorgan European Discovery Trust's highest Return-on-Tangible-Asset was 43.05%. The lowest was -16.96%. And the median was 2.71%.
CHIX:JEDTl's Return-on-Tangible-Asset is ranked better than 83.39% of 1638
companies
in the Asset Management industry
Industry Median: 4.3
vs CHIX:JEDTl: 17.78
JPMorgan European Discovery Trust (CHIX:JEDTl) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
JPMorgan European Discovery Trust Return-on-Tangible-Asset Related Terms
JPMorgan European Discovery Trust Return-on-Tangible-Asset Historical Data
* 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 European Discovery Trust Return-on-Tangible-Asset Chart
CHIX:JEDTL vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, JPMorgan European Discovery Trust's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 European Discovery Trust Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, JPMorgan European Discovery Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where JPMorgan European Discovery Trust's Return-on-Tangible-Asset falls into.
* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.58% mean?
JPMorgan European Discovery Trust (CHIX:JEDTL) has a Return-on-Tangible-Asset of 3.58% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on JPMorgan European Discovery Trust and its competitors. This is 32% above median its historical median of 2.71. According to the industry distribution chart, JPMorgan European Discovery Trust ranks #272 out of 1638 companies in the Asset Management industry, placing it in the top 16.6%.
Is JPMorgan European Discovery Trust's Return-on-Tangible-Asset too high?
JPMorgan European Discovery Trust's current Return-on-Tangible-Asset of 3.58% is 32% above median its 10-year median of 2.71. The Asset Management industry median Return-on-Tangible-Asset is 4.30. JPMorgan European Discovery Trust's value of 3.58% is 16.7% below this industry median. Based on the distribution chart, JPMorgan European Discovery Trust ranks #272 out of 1638 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, JPMorgan European Discovery Trust has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan European Discovery Trust's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan European Discovery Trust ranks #272 out of 1638 companies for Return-on-Tangible-Asset. This places JPMorgan European Discovery Trust in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.30. JPMorgan European Discovery Trust's value of 3.58% is 16.7% below this benchmark. While the company's 10-year median is 2.71 vs. the industry median of 4.30, JPMorgan European Discovery Trust has consistently been below 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 Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.30, based on 1,638 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JPMorgan European Discovery Trust's current Return-on-Tangible-Asset of 3.58% is 16.7% below 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on JPMorgan European Discovery Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan European Discovery Trust's current Return-on-Tangible-Asset is 3.58%, which is 32% above median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan European Discovery Trust stock overvalued right now?
JPMorgan European Discovery Trust (CHIX:JEDTL) has a current Return-on-Tangible-Asset of 3.58%. The current Return-on-Tangible-Asset is 3.58%, which is 32% above median its 10-year median of 2.71 and 16.7% below the Asset Management industry median of 4.30. JPMorgan European Discovery Trust's overall GF Score™ is 43/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For JPMorgan European Discovery Trust (CHIX:JEDTL), the current Return-on-Tangible-Asset is 3.58% as of Mar. 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.
JPMorgan European Discovery Trust Business Description
JPMorgan European Discovery Trust PLC is an investment trust company. Its investment objective is to achieve capital growth by investing in a portfolio of smaller continental European companies. It is engaged in a single segment of investment business, being investment in smaller Continental European listed companies. Geographically its investments are in France, Germany, Italy, Sweden, Norway, Denmark, Spain, Austria, Switzerland, Ireland, Belgium, Netherlands, Portugal, and Finland.
43GF Score
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