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. Aberdeen Japan Equity Fund's annualized net income for the quarter that ended in Apr. 2025 was $14.48 Mil. Aberdeen Japan Equity Fund's average shareholder tangible equity for the quarter that ended in Apr. 2025 was $99.86 Mil. Therefore, Aberdeen Japan Equity Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2025 was 14.50%.
The historical rank and industry rank for Aberdeen Japan Equity Fund's Return-on-Tangible-Equity or its related term are showing as below:
JEQ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -39.52 Med: 10.81 Max: 20.97
Current: 10.23
During the past 8 years, Aberdeen Japan Equity Fund's highest Return-on-Tangible-Equity was 20.97%. The lowest was -39.52%. And the median was 10.81%.
JEQ's Return-on-Tangible-Equity is not ranked
in the Asset Management industry.
Industry Median: 7.21
vs JEQ: 10.23
Aberdeen Japan Equity Fund (NYSE:JEQ) 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.
Aberdeen Japan Equity Fund Return-on-Tangible-Equity Related Terms
Aberdeen Japan Equity Fund Return-on-Tangible-Equity 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.
Aberdeen Japan Equity Fund Return-on-Tangible-Equity Chart
JEQ vs SAMG, NMT, GGZ: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Aberdeen Japan Equity Fund'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.
Aberdeen Japan Equity Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Aberdeen Japan Equity Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aberdeen Japan Equity Fund's Return-on-Tangible-Equity 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-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 (Apr. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 14.50% mean?
Aberdeen Japan Equity Fund (JEQ) has a Return-on-Tangible-Equity of 14.50% as of Apr. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aberdeen Japan Equity Fund and its competitors. This is 34% above median its historical median of 10.81.
Is Aberdeen Japan Equity Fund's Return-on-Tangible-Equity too high?
Aberdeen Japan Equity Fund's current Return-on-Tangible-Equity of 14.50% is 34% above median its 10-year median of 10.81. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Aberdeen Japan Equity Fund's value of 14.50% is 101.1% above this industry median. Overall, Aberdeen Japan Equity Fund has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Aberdeen Japan Equity Fund's Return-on-Tangible-Equity compare to SAMG and NMT?
Aberdeen Japan Equity Fund's Return-on-Tangible-Equity of 14.50% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.21. Aberdeen Japan Equity Fund's value of 14.50% is 101.1% above this benchmark. While the company's 10-year median is 10.81 vs. the industry median of 7.21, Aberdeen Japan Equity Fund 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aberdeen Japan Equity Fund's current Return-on-Tangible-Equity of 14.50% is 101.1% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aberdeen Japan Equity Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aberdeen Japan Equity Fund's current Return-on-Tangible-Equity is 14.50%, which is 34% above median its own 10-year median of 10.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberdeen Japan Equity Fund stock overvalued right now?
Aberdeen Japan Equity Fund (JEQ) has a current Return-on-Tangible-Equity of 14.50%. The current Return-on-Tangible-Equity is 14.50%, which is 34% above median its 10-year median of 10.81 and 101.1% above the Asset Management industry median of 7.21. Aberdeen Japan Equity Fund's overall GF Score™ is 22/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Aberdeen Japan Equity Fund (JEQ), the current Return-on-Tangible-Equity is 14.50% as of Apr. 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.
Aberdeen Japan Equity Fund Inc is a United States-based closed-end diversified management investment company. Its investment objective is to outperform over the long term, on a total return basis (including appreciation and dividends), the Tokyo Stock Price Index ("TOPIX"). The fund seeks to achieve its investment objective by investing a majority of its assets, in equity securities of companies listed on the Tokyo Stock Exchange or listed on the over-the-counter market in Japan or listed on other stock exchanges in Japan. The portfolio of investments is spread across Consumer Discretionary, Industrials, Information Technology, Financials, and other sectors.
22GF Score
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