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JPMorgan Global Growth &omeLSE:JGGI +0.33%48 Return-on-Tangible-Equity is 17.69% as of Dec. 2025, which is 121% above its 10-year median of 8.01. GuruFocus rates LSE:JGGI with a GF Score™ of 48/100 and a GF Value™ of £3.00 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,589 Asset Management companies, JPMorgan Global Growth &ome ranks better than 53.12% on this metric.
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 Global Growth &ome's annualized net income for the quarter that ended in Dec. 2025 was £572.2 Mil. JPMorgan Global Growth &ome's average shareholder tangible equity for the quarter that ended in Dec. 2025 was £3,235.5 Mil. Therefore, JPMorgan Global Growth &ome's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 17.69%.
The historical rank and industry rank for JPMorgan Global Growth &ome's Return-on-Tangible-Equity or its related term are showing as below:
LSE:JGGI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.87 Med: 8.01 Max: 27.42
Current: 7.88
During the past 13 years, JPMorgan Global Growth &ome's highest Return-on-Tangible-Equity was 27.42%. The lowest was -3.87%. And the median was 8.01%.
LSE:JGGI's Return-on-Tangible-Equity is ranked better than 53.12% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs LSE:JGGI: 7.88
JPMorgan Global Growth &ome (LSE:JGGI) 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 Global Growth &ome Return-on-Tangible-Equity Related Terms
JPMorgan Global Growth &ome 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.
JPMorgan Global Growth &ome Return-on-Tangible-Equity Chart
LSE:JGGI vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, JPMorgan Global Growth &ome'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 Global Growth &ome Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, JPMorgan Global Growth &ome's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JPMorgan Global Growth &ome'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.69% mean?
JPMorgan Global Growth &ome (LSE:JGGI) has a Return-on-Tangible-Equity of 17.69% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on JPMorgan Global Growth &ome and its competitors. This is 121% above median its historical median of 8.01. According to the industry distribution chart, JPMorgan Global Growth &ome ranks #745 out of 1589 companies in the Asset Management industry, placing it in the top 46.9%.
Is JPMorgan Global Growth &ome's Return-on-Tangible-Equity too high?
JPMorgan Global Growth &ome's current Return-on-Tangible-Equity of 17.69% is 121% above median its 10-year median of 8.01. The Asset Management industry median Return-on-Tangible-Equity is 7.21. JPMorgan Global Growth &ome's value of 17.69% is 145.4% above this industry median. Based on the distribution chart, JPMorgan Global Growth &ome ranks #745 out of 1589 companies in the Asset Management industry, which is above the industry midpoint. Overall, JPMorgan Global Growth &ome has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Global Growth &ome's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan Global Growth &ome ranks #745 out of 1589 companies for Return-on-Tangible-Equity. This puts JPMorgan Global Growth &ome in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.21. JPMorgan Global Growth &ome's value of 17.69% is 145.4% above this benchmark. While the company's 10-year median is 8.01 vs. the industry median of 7.21, JPMorgan Global Growth &ome 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 1,589 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. JPMorgan Global Growth &ome's current Return-on-Tangible-Equity of 17.69% is 145.4% 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 JPMorgan Global Growth &ome 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. JPMorgan Global Growth &ome's current Return-on-Tangible-Equity is 17.69%, which is 121% above median its own 10-year median of 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Global Growth &ome stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan Global Growth &ome (LSE:JGGI) is currently considered Significantly Overvalued. The stock's GF Value™ is £3.00, compared to a current price of £6.05 — trading 101.5% above its estimated fair value. The current Return-on-Tangible-Equity is 17.69%, which is 121% above median its 10-year median of 8.01 and 145.4% above the Asset Management industry median of 7.21. JPMorgan Global Growth &ome's overall GF Score™ is 48/100 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 JPMorgan Global Growth &ome (LSE:JGGI), the current Return-on-Tangible-Equity is 17.69% as of Dec. 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.
Is JPMorgan Global Growth &ome (LSE:JGGI) Overvalued in 2026?
Based on GuruFocus' analysis, JPMorgan Global Growth &ome stock appears to be overvalued.
The current stock price of £6.05 is trading 101.5% above its estimated GF Value™ of £3.00.
GuruFocus considers JPMorgan Global Growth &ome to be Significantly Overvalued.
Key valuation signals for LSE:JGGI:
Return-on-Tangible-Equity: 17.69% (121% above median its 10-year median of 8.01)
GF Value™: £3.00 vs. price of £6.05 (101.5% above fair value)
Industry Position: 145.4% above the Asset Management median (#745 of 1589)
No single metric tells the full story. See the LSE:JGGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JPMorgan Global Growth & Income PLC is an investment trust company. Its main objective is to achieve superior total returns from world stock markets. The company invests in a diversified portfolio of 50-90 world stocks to achieve superior total returns and outperform the MSCI All Countries World Index in sterling terms (total return with net dividends reinvested) over the long term. Its portfolio construction is driven by bottom-up stock selection rather than geographical or sector allocation.
48GF Score
Get the complete analysis for LSE:JGGI
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