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JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) Return-on-Tangible-Equity : 12.16% (As of Oct. 2024)


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What is JPMorgan Emerging Europe Middle East & Africa Securities Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. JPMorgan Emerging Europe Middle East & Africa Securities's annualized net income for the quarter that ended in Oct. 2024 was £2.50 Mil. JPMorgan Emerging Europe Middle East & Africa Securities's average shareholder tangible equity for the quarter that ended in Oct. 2024 was £20.58 Mil. Therefore, JPMorgan Emerging Europe Middle East & Africa Securities's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2024 was 12.16%.

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

CHIX:JEMAl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -170.8   Med: 10.1   Max: 46.5
Current: 12.65

During the past 13 years, JPMorgan Emerging Europe Middle East & Africa Securities's highest Return-on-Tangible-Equity was 46.50%. The lowest was -170.80%. And the median was 10.10%.

CHIX:JEMAl's Return-on-Tangible-Equity is ranked better than
66.89% of 1631 companies
in the Asset Management industry
Industry Median: 7.74 vs CHIX:JEMAl: 12.65

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

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

* Premium members only.

JPMorgan Emerging Europe Middle East & Africa Securities Return-on-Tangible-Equity Chart

JPMorgan Emerging Europe Middle East & Africa Securities Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.74 46.50 -170.80 -0.04 12.63

JPMorgan Emerging Europe Middle East & Africa Securities Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Return-on-Tangible-Equity 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 -1.52 0.44 -0.53 13.18 12.16

Competitive Comparison of JPMorgan Emerging Europe Middle East & Africa Securities's Return-on-Tangible-Equity

For the Asset Management subindustry, JPMorgan Emerging Europe Middle East & Africa Securities's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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's Return-on-Tangible-Equity Distribution in the Asset Management Industry

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

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


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

JPMorgan Emerging Europe Middle East & Africa Securities's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=2.531/( (18.88+21.209 )/ 2 )
=2.531/20.0445
=12.63 %

JPMorgan Emerging Europe Middle East & Africa Securities's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2024 )  (Q: Apr. 2024 )(Q: Oct. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2024 )  (Q: Apr. 2024 )(Q: Oct. 2024 )
=2.502/( (19.958+21.209)/ 2 )
=2.502/20.5835
=12.16 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Oct. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


JPMorgan Emerging Europe Middle East & Africa Securities  (CHIX:JEMAl) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


JPMorgan Emerging Europe Middle East & Africa Securities Return-on-Tangible-Equity Related Terms

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JPMorgan Emerging Europe Middle East & Africa Securities Business Description

Traded in Other Exchanges
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.

JPMorgan Emerging Europe Middle East & Africa Securities Headlines

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