JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) Return-on-Tangible-Asset: 6.41% (As of Apr. 2026) — 44% Below Median

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CHIX:JEMAL JPMorgan Emerging Europe Middle East & Africa Securities PLC CHIX:JEMAL
59 GF Score
Price £2.55
GF Value £3.67
Valuation Significantly Undervalued
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What is JPMorgan Emerging Europe Middle East & Africa Securities Return-on-Tangible-Asset?

JPMorgan Emerging Europe Middle East & Africa Securities CHIX:JEMAL 59 Return-on-Tangible-Asset is 6.41% as of Apr. 2026, which is 44% below its 10-year median of 11.54. GuruFocus rates CHIX:JEMAL with a GF Score™ of 59/100 and a GF Value™ of £3.67 (Significantly Undervalued). Among 1,635 Asset Management companies, JPMorgan Emerging Europe Middle East & Africa Securities ranks better than 85.38% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. JPMorgan Emerging Europe Middle East & Africa Securities's annualized Net Income for the quarter that ended in Apr. 2026 was £1.73 Mil. JPMorgan Emerging Europe Middle East & Africa Securities's average total tangible assets for the quarter that ended in Apr. 2026 was £26.99 Mil. Therefore, JPMorgan Emerging Europe Middle East & Africa Securities's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 6.41%.

The historical rank and industry rank for JPMorgan Emerging Europe Middle East & Africa Securities's Return-on-Tangible-Asset or its related term are showing as below:

CHIX:JEMAl' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -170.56   Med: 11.54   Max: 46.43
Current: 18.58

During the past 13 years, JPMorgan Emerging Europe Middle East & Africa Securities's highest Return-on-Tangible-Asset was 46.43%. The lowest was -170.56%. And the median was 11.54%.

CHIX:JEMAl's Return-on-Tangible-Asset is ranked better than
85.38% of 1635 companies
in the Asset Management industry
Industry Median: 4.24 vs CHIX:JEMAl: 18.58

JPMorgan Emerging Europe Middle East & Africa Securities  (CHIX:JEMAl) 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 company’s 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 company’s 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 Emerging Europe Middle East & Africa Securities Return-on-Tangible-Asset Related Terms


JPMorgan Emerging Europe Middle East & Africa Securities Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for JPMorgan Emerging Europe Middle East & Africa Securities's Return-on-Tangible-Asset 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 Emerging Europe Middle East & Africa Securities Return-on-Tangible-Asset Chart

JPMorgan Emerging Europe Middle East & Africa Securities Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.43 -170.56 -0.04 12.40 22.43

JPMorgan Emerging Europe Middle East & Africa Securities Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Return-on-Tangible-Asset 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 13.00 12.02 13.44 31.54 6.41

CHIX:JEMAL vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, JPMorgan Emerging Europe Middle East & Africa Securities'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 Emerging Europe Middle East & Africa Securities Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Emerging Europe Middle East & Africa Securities's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where JPMorgan Emerging Europe Middle East & Africa Securities's Return-on-Tangible-Asset falls into.


CHIX:JEMAL
59GF Score
JPMorgan Emerging Europe Middle East & Africa Securities PLC CHIX:JEMAL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JPMorgan Emerging Europe Middle East & Africa Securities Return-on-Tangible-Asset Calculation

JPMorgan Emerging Europe Middle East & Africa Securities's annualized Return-on-Tangible-Asset for the fiscal year that ended in Oct. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=5.391/( (21.538+26.541)/ 2 )
=5.391/24.0395
=22.43 %

JPMorgan Emerging Europe Middle East & Africa Securities's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=1.73/( (26.541+27.445)/ 2 )
=1.73/26.993
=6.41 %

* 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 (Apr. 2026) net income data.

What does a Return-on-Tangible-Asset of 6.41% mean?
JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) has a Return-on-Tangible-Asset of 6.41% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on JPMorgan Emerging Europe Middle East & Africa Securities and its competitors. This is 44% below median its historical median of 11.54. According to the industry distribution chart, JPMorgan Emerging Europe Middle East & Africa Securities ranks #239 out of 1635 companies in the Asset Management industry, placing it in the top 14.6%.
Is JPMorgan Emerging Europe Middle East & Africa Securities' Return-on-Tangible-Asset too high?
JPMorgan Emerging Europe Middle East & Africa Securities' current Return-on-Tangible-Asset of 6.41% is 44% below median its 10-year median of 11.54. The Asset Management industry median Return-on-Tangible-Asset is 4.24. JPMorgan Emerging Europe Middle East & Africa Securities' value of 6.41% is 51.2% above this industry median. Based on the distribution chart, JPMorgan Emerging Europe Middle East & Africa Securities ranks #239 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, JPMorgan Emerging Europe Middle East & Africa Securities has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Emerging Europe Middle East & Africa Securities' Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan Emerging Europe Middle East & Africa Securities ranks #239 out of 1635 companies for Return-on-Tangible-Asset. This places JPMorgan Emerging Europe Middle East & Africa Securities in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.24. JPMorgan Emerging Europe Middle East & Africa Securities' value of 6.41% is 51.2% above this benchmark. While the company's 10-year median is 11.54 vs. the industry median of 4.24, JPMorgan Emerging Europe Middle East & Africa Securities 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 Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.24, based on 1,635 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 Emerging Europe Middle East & Africa Securities's current Return-on-Tangible-Asset of 6.41% is 51.2% 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 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 Emerging Europe Middle East & Africa Securities and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan Emerging Europe Middle East & Africa Securities's current Return-on-Tangible-Asset is 6.41%, which is 44% below median its own 10-year median of 11.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Emerging Europe Middle East & Africa Securities stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) is currently considered Significantly Undervalued. The stock's GF Value™ is £3.67, compared to a current price of £2.55 — trading 30.5% below its estimated fair value. The current Return-on-Tangible-Asset is 6.41%, which is 44% below median its 10-year median of 11.54 and 51.2% above the Asset Management industry median of 4.24. JPMorgan Emerging Europe Middle East & Africa Securities' overall GF Score™ is 59/100. 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 Emerging Europe Middle East & Africa Securities (CHIX:JEMAL), the current Return-on-Tangible-Asset is 6.41% as of Apr. 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 Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan Emerging Europe Middle East & Africa Securities stock appears to be undervalued. The current stock price of £2.55 is trading 30.5% below its estimated GF Value™ of £3.67. GuruFocus considers JPMorgan Emerging Europe Middle East & Africa Securities to be Significantly Undervalued.

Key valuation signals for CHIX:JEMAL:

  • Return-on-Tangible-Asset: 6.41% (44% below median its 10-year median of 11.54)
  • GF Value™: £3.67 vs. price of £2.55 (30.5% below fair value)
  • GF Score™: 59/100
  • Industry Position: 51.2% above the Asset Management median (#239 of 1635)

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


JPMorgan Emerging Europe Middle East & Africa Securities Business Description

Other Exchanges JEMA:UK
Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Emerging Europe Middle East & Africa Securities PLC is a closed-ended investment fund. Its objective is to maximize the total return to shareholders from a diversified portfolio of investments in Emerging Europe (including Russia), Middle East and Africa. It invests in companies having their head office or exercising a predominant part of their activities in Central, Eastern, and Southern Europe (including Russia), the Middle East and Africa. The fund's portfolio includes equity and equity-related securities of companies from financials, energy, consumer discretionary, real estate, and other industries.
59GF Score

Get the complete analysis for CHIX:JEMAL

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£2.55
Price
£3.67
GF Value