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JM GroupJMG 25 Return-on-Tangible-Asset is 12.16% as of Sep. 2025, which is 13% above its 10-year median of 10.78. GuruFocus rates JMG with a GF Score™ of 25/100. The stock has 4 warning signs investors should review.
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. JM Group's annualizedNet Income for the quarter that ended in Sep. 2025 was $1.59 Mil. JM Group's average total tangible assets for the quarter that ended in Sep. 2025 was $13.11 Mil. Therefore, JM Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 12.16%.
The historical rank and industry rank for JM Group's Return-on-Tangible-Asset or its related term are showing as below:
JMG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -51.67 Med: 10.78 Max: 19.73
Current: 19.73
During the past 3 years, JM Group's highest Return-on-Tangible-Asset was 19.73%. The lowest was -51.67%. And the median was 10.78%.
JMG's Return-on-Tangible-Asset is not ranked
in the Retail - Cyclical industry.
Industry Median: 2.93
vs JMG: 19.73
JM Group (AMEX:JMG) 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.
JM Group Return-on-Tangible-Asset Related Terms
JM Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for JM Group'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.
JM Group Return-on-Tangible-Asset Chart
JM Group Annual Data
Trend
Sep23
Sep24
Sep25
Return-on-Tangible-Asset
-51.67
10.78
19.08
JM Group Semi-Annual Data
Sep23
Mar24
Sep24
Mar25
Sep25
Return-on-Tangible-Asset
0.00
20.19
4.77
29.67
12.16
JMG vs BARK, CHPT, NPT: Return-on-Tangible-Asset Comparison
For the Specialty Retail subindustry, JM Group'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.
JM Group Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, JM Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where JM Group'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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 12.16% mean?
JM Group (JMG) has a Return-on-Tangible-Asset of 12.16% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on JM Group and its competitors. This is 13% above median its historical median of 10.78.
Is JM Group's Return-on-Tangible-Asset too high?
JM Group's current Return-on-Tangible-Asset of 12.16% is 13% above median its 10-year median of 10.78. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. JM Group's value of 12.16% is 315% above this industry median. Overall, JM Group has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does JM Group's Return-on-Tangible-Asset compare to BARK and CHPT?
JM Group's Return-on-Tangible-Asset of 12.16% can be compared against companies in the Retail - Cyclical industry. The industry median Return-on-Tangible-Asset is 2.93. JM Group's value of 12.16% is 315% above this benchmark. While the company's 10-year median is 10.78 vs. the industry median of 2.93, JM Group 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 a Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,137 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. JM Group's current Return-on-Tangible-Asset of 12.16% is 315% 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 JM Group and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JM Group's current Return-on-Tangible-Asset is 12.16%, which is 13% above median its own 10-year median of 10.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JM Group stock overvalued right now?
JM Group (JMG) has a current Return-on-Tangible-Asset of 12.16%. The current Return-on-Tangible-Asset is 12.16%, which is 13% above median its 10-year median of 10.78 and 315% above the Retail - Cyclical industry median of 2.93. JM Group's overall GF Score™ is 25/100 with 4 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 JM Group (JMG), the current Return-on-Tangible-Asset is 12.16% as of Sep. 2025. 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.
JM Group Ltd is engaged in the sourcing and wholesaling of toys, gifts, household products and other products for international brand owners. Its products can be broadly classified into eight categories: (i) sports and outdoor recreation products, including water gun, umbrella, pool volleyball, athletic equipment and accessories, (ii) toys and games, (iii) seasonable decor and party supplies, including interior decorative elements, Christmas tree, and other general festival and event decorative goods, (iv) electronics, including electronic toys and automotive battery; (v) home and tools, (vi) school, office and art supplies, including art and craft, (vii) clothing, shoes and accessories, (vii) personal care products, such as personal care appliance, and (viii) others.
25GF Score
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