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Scotia Group JamaicaXJAM:SGJ 81 Return-on-Tangible-Asset is 2.49% as of Apr. 2026, which is 1% below its 10-year median of 2.51. GuruFocus rates XJAM:SGJ with a GF Score™ of 81/100 and a GF Value™ of JMD58.92 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,519 Banks companies, Scotia Group Jamaica ranks better than 93.15% 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. Scotia Group Jamaica's annualizedNet Income for the quarter that ended in Apr. 2026 was JMD20,166 Mil. Scotia Group Jamaica's average total tangible assets for the quarter that ended in Apr. 2026 was JMD808,339 Mil. Therefore, Scotia Group Jamaica's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 2.49%.
The historical rank and industry rank for Scotia Group Jamaica's Return-on-Tangible-Asset or its related term are showing as below:
XJAM:SGJ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.53 Med: 2.51 Max: 2.95
Current: 2.62
During the past 13 years, Scotia Group Jamaica's highest Return-on-Tangible-Asset was 2.95%. The lowest was 1.53%. And the median was 2.51%.
XJAM:SGJ's Return-on-Tangible-Asset is ranked better than 93.15% of 1519
companies
in the Banks industry
Industry Median: 1.03
vs XJAM:SGJ: 2.62
Scotia Group Jamaica (XJAM:SGJ) 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.
Scotia Group Jamaica Return-on-Tangible-Asset Related Terms
Scotia Group Jamaica Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Scotia Group Jamaica'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.
Scotia Group Jamaica Return-on-Tangible-Asset Chart
XJAM:SGJ vs USB, PNC: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, Scotia Group Jamaica'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.
Scotia Group Jamaica Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Scotia Group Jamaica's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Scotia Group Jamaica'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.49% mean?
Scotia Group Jamaica (XJAM:SGJ) has a Return-on-Tangible-Asset of 2.49% 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 Scotia Group Jamaica and its competitors. This is near median its historical median of 2.51. Over the past decade, Scotia Group Jamaica's Return-on-Tangible-Asset has ranged from 1.53 to 2.95. According to the industry distribution chart, Scotia Group Jamaica ranks #104 out of 1519 companies in the Banks industry, placing it in the top 6.8%.
Is Scotia Group Jamaica's Return-on-Tangible-Asset too high?
Scotia Group Jamaica's current Return-on-Tangible-Asset of 2.49% is near median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 2.95. The Banks industry median Return-on-Tangible-Asset is 1.03. Scotia Group Jamaica's value of 2.49% is 141.7% above this industry median. Based on the distribution chart, Scotia Group Jamaica ranks #104 out of 1519 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Scotia Group Jamaica has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scotia Group Jamaica's Return-on-Tangible-Asset compare to USB and PNC?
According to the Banks industry distribution chart, Scotia Group Jamaica ranks #104 out of 1519 companies for Return-on-Tangible-Asset. This places Scotia Group Jamaica in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.03. Scotia Group Jamaica's value of 2.49% is 141.7% above this benchmark. Historically, Scotia Group Jamaica's own Return-on-Tangible-Asset has ranged from 1.53 to 2.95 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 1.03, Scotia Group Jamaica 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.03, based on 1,519 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. Scotia Group Jamaica's current Return-on-Tangible-Asset of 2.49% is 141.7% 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 Scotia Group Jamaica and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scotia Group Jamaica's current Return-on-Tangible-Asset is 2.49%, which is near median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scotia Group Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Scotia Group Jamaica (XJAM:SGJ) is currently considered Fairly Valued. The stock's GF Value™ is JMD58.92, compared to a current price of JMD58.89 — trading 0.1% below its estimated fair value. The current Return-on-Tangible-Asset is 2.49%, which is near median its 10-year median of 2.51 and 141.7% above the Banks industry median of 1.03. Scotia Group Jamaica's overall GF Score™ is 81/100 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 Scotia Group Jamaica (XJAM:SGJ), the current Return-on-Tangible-Asset is 2.49% 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 Scotia Group Jamaica (XJAM:SGJ) Overvalued in 2026?
Based on GuruFocus' analysis, Scotia Group Jamaica stock appears to be undervalued.
The current stock price of JMD58.89 is trading 0.1% below its estimated GF Value™ of JMD58.92.
GuruFocus considers Scotia Group Jamaica to be Fairly Valued.
Key valuation signals for XJAM:SGJ:
Return-on-Tangible-Asset: 2.49% (near median its 10-year median of 2.51)
GF Value™: JMD58.92 vs. price of JMD58.89 (0.1% below fair value)
Industry Position: 141.7% above the Banks median (#104 of 1519)
No single metric tells the full story. See the XJAM:SGJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scotia Group Jamaica Ltd is a Jamaican financial holding company. It provides a range of financial services through its subsidiaries to personal, commercial, corporate, and government clients across Jamaica. The company has six business segments: Retail, Corporate and Commercial, Treasury, Investment Management Services, Insurance Services, and Others. It generates maximum revenue from the Retail banking segment. The retail banking segment includes personal banking services, personal deposit accounts, credit and debit cards, consumer loans, mortgages, and microfinance.
81GF Score
Get the complete analysis for XJAM:SGJ
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